akt ii limited
akt ii limited Company Information
Company Number
07500271
Website
www.akt-uk.comRegistered Address
white collar factory, 1 old street yard, london, EC1Y 8AF
Industry
Engineering related scientific and technical consulting activities
Telephone
02072507777
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
tyrens uk holdings ltd 100%
akt ii limited Estimated Valuation
Pomanda estimates the enterprise value of AKT II LIMITED at £28.3m based on a Turnover of £29.5m and 0.96x industry multiple (adjusted for size and gross margin).
akt ii limited Estimated Valuation
Pomanda estimates the enterprise value of AKT II LIMITED at £23.9m based on an EBITDA of £2.6m and a 9.23x industry multiple (adjusted for size and gross margin).
akt ii limited Estimated Valuation
Pomanda estimates the enterprise value of AKT II LIMITED at £27.6m based on Net Assets of £9.9m and 2.78x industry multiple (adjusted for liquidity).
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Akt Ii Limited Overview
Akt Ii Limited is a live company located in london, EC1Y 8AF with a Companies House number of 07500271. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in January 2011, it's largest shareholder is tyrens uk holdings ltd with a 100% stake. Akt Ii Limited is a established, large sized company, Pomanda has estimated its turnover at £29.5m with low growth in recent years.
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Akt Ii Limited Health Check
Pomanda's financial health check has awarded Akt Ii Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £29.5m, make it larger than the average company (£2.1m)
£29.5m - Akt Ii Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (2.9%)
2% - Akt Ii Limited
2.9% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (35%)
37.1% - Akt Ii Limited
35% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (6%)
7.9% - Akt Ii Limited
6% - Industry AVG
Employees
with 319 employees, this is above the industry average (20)
319 - Akt Ii Limited
20 - Industry AVG
Pay Structure
on an average salary of £67.2k, the company has a higher pay structure (£55.2k)
£67.2k - Akt Ii Limited
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £92.4k, this is equally as efficient (£96.4k)
£92.4k - Akt Ii Limited
£96.4k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (76 days)
132 days - Akt Ii Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (21 days)
10 days - Akt Ii Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Akt Ii Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Akt Ii Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.8%, this is a similar level of debt than the average (56.3%)
61.8% - Akt Ii Limited
56.3% - Industry AVG
AKT II LIMITED financials
Akt Ii Limited's latest turnover from December 2022 is £29.5 million and the company has net assets of £9.9 million. According to their latest financial statements, Akt Ii Limited has 319 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 29,460,647 | 27,436,619 | 30,861,405 | 27,627,000 | 24,815,000 | 20,916,951 | 18,293,519 | 18,141,681 | 16,287,732 | 13,544,787 | 12,071,827 | 7,767,707 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,544,060 | 18,632,194 | 20,233,974 | 17,003,334 | 14,521,241 | 12,690,279 | 12,372,872 | 11,264,827 | 9,194,068 | 7,123,667 | 6,079,207 | 3,551,846 |
| Gross Profit | 10,916,587 | 8,804,425 | 10,627,431 | 10,623,666 | 10,293,759 | 8,226,672 | 5,920,647 | 6,876,854 | 7,093,664 | 6,421,120 | 5,992,620 | 4,215,861 |
| Admin Expenses | 8,603,773 | 7,248,930 | 8,646,045 | 9,427,648 | 7,758,780 | 7,206,464 | 5,586,622 | 5,887,598 | 5,260,828 | 5,076,811 | 4,661,392 | 3,691,971 |
| Operating Profit | 2,312,814 | 1,555,495 | 1,981,386 | 1,196,018 | 2,534,979 | 1,020,208 | 334,025 | 989,256 | 1,832,836 | 1,344,309 | 1,331,228 | 523,890 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,506 | 34,582 |
| Interest Receivable | 147,868 | 31,982 | 45,563 | 72,211 | 13,146 | 65 | 3,005 | 7,139 | 14,909 | 8,975 | 0 | 0 |
| Pre-Tax Profit | 2,460,682 | 1,587,477 | 2,026,949 | 1,268,229 | 2,548,125 | 1,020,273 | 337,030 | 996,395 | 1,847,745 | 1,353,284 | 1,310,722 | 489,308 |
| Tax | -183,284 | -831,884 | -482,748 | -481,436 | -545,794 | -199,551 | -123,463 | -232,904 | -408,976 | -328,877 | -332,472 | -133,582 |
| Profit After Tax | 2,277,398 | 755,593 | 1,544,201 | 786,793 | 2,002,331 | 820,722 | 213,567 | 763,491 | 1,438,769 | 1,024,407 | 978,250 | 355,726 |
| Dividends Paid | 1,800,000 | 1,000,000 | 0 | 1,500,000 | 0 | 0 | 0 | 2,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | 477,398 | -244,407 | 1,544,201 | -713,207 | 2,002,331 | 820,722 | 213,567 | -1,236,509 | 1,438,769 | 1,024,407 | 978,250 | 355,726 |
| Employee Costs | 21,434,986 | 20,199,655 | 21,519,753 | 20,083,874 | 16,859,004 | 14,921,685 | 14,027,244 | 12,969,782 | 10,821,686 | 8,664,275 | 7,403,511 | 4,579,885 |
| Number Of Employees | 319 | 324 | 346 | 310 | 272 | 246 | 231 | 225 | 195 | 168 | 148 | 129 |
| EBITDA* | 2,590,467 | 1,898,725 | 2,375,854 | 1,570,876 | 2,919,145 | 1,339,719 | 693,899 | 1,769,870 | 2,570,953 | 2,057,089 | 2,027,364 | 988,862 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,122,911 | 1,309,190 | 1,618,173 | 1,828,474 | 1,746,511 | 1,939,940 | 450,480 | 556,975 | 339,868 | 443,518 | 546,542 | 462,343 |
| Intangible Assets | 46,836 | 66,190 | 75,018 | 0 | 0 | 0 | 0 | 130,465 | 652,393 | 1,174,321 | 1,696,249 | 2,218,177 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 153,001 | 153,001 | 13,001 | 25 | 0 | 0 |
| Debtors (Due After 1 year) | 78,962 | 47,607 | 45,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,248,710 | 1,422,988 | 1,738,452 | 1,828,475 | 1,746,512 | 1,939,941 | 603,481 | 840,441 | 1,005,262 | 1,617,864 | 2,242,791 | 2,680,520 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,672,158 | 11,428,863 | 12,247,053 | 8,594,851 | 9,861,775 | 7,689,743 | 6,719,997 | 4,976,937 | 4,274,665 | 4,344,585 | 2,991,751 | 2,426,568 |
| Group Debtors | 8,139,862 | 6,260,094 | 6,325,887 | 8,042,185 | 760,918 | 1,238,272 | 154,020 | 348,999 | 320,551 | 0 | 0 | 0 |
| Misc Debtors | 4,732,485 | 3,402,250 | 4,345,806 | 3,155,530 | 1,743,965 | 1,406,762 | 798,226 | 1,209,543 | 794,689 | 612,375 | 774,002 | 140,752 |
| Cash | 1,185,075 | 1,644,137 | 771,097 | 616,425 | 6,586,861 | 4,823,658 | 5,175,037 | 4,713,607 | 6,357,316 | 4,287,937 | 3,630,133 | 2,295,378 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,493 | 0 | 0 | 0 | 0 |
| total current assets | 24,729,580 | 22,735,344 | 23,689,843 | 20,408,991 | 18,953,519 | 15,158,435 | 12,847,280 | 11,277,579 | 11,747,221 | 9,244,897 | 7,395,886 | 4,862,698 |
| total assets | 25,978,290 | 24,158,332 | 25,428,295 | 22,237,466 | 20,700,031 | 17,098,376 | 13,450,761 | 12,118,020 | 12,752,483 | 10,862,761 | 9,638,677 | 7,543,218 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 516,803 | 1,312,645 | 272,988 | 733,685 | 586,706 | 245,459 | 422,864 | 316,866 | 331,479 | 322,954 | 507,217 | 254,045 |
| Group/Directors Accounts | 1,238,694 | 1,561,588 | 1,885,733 | 1,162,482 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 6,588,383 | 6,727,135 | 5,156,612 | 4,610,876 | 3,991,443 | 3,907,975 | 3,527,071 | 625,050 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 13,878,889 | 10,914,584 | 12,486,469 | 10,845,277 | 4,603,659 | 3,221,659 | 2,031,563 | 1,844,076 | 2,013,037 | 1,745,129 | 1,758,898 | 3,166,803 |
| total current liabilities | 15,634,386 | 13,788,817 | 14,645,190 | 12,741,444 | 11,778,748 | 10,194,253 | 7,611,039 | 6,771,818 | 6,335,960 | 5,976,058 | 5,793,186 | 4,045,898 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 625,050 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 425,992 | 929,001 | 1,098,184 | 1,355,302 | 67,357 | 69,871 | 56,540 | 64,028 | 5,945 | 10,293 | 11,475 | 16,504 |
| total long term liabilities | 425,992 | 929,001 | 1,098,184 | 1,355,302 | 67,357 | 69,871 | 56,540 | 64,028 | 5,945 | 10,293 | 11,475 | 641,554 |
| total liabilities | 16,060,378 | 14,717,818 | 15,743,374 | 14,096,746 | 11,846,105 | 10,264,124 | 7,667,579 | 6,835,846 | 6,341,905 | 5,986,351 | 5,804,661 | 4,687,452 |
| net assets | 9,917,912 | 9,440,514 | 9,684,921 | 8,140,720 | 8,853,926 | 6,834,252 | 5,783,182 | 5,282,174 | 6,410,578 | 4,876,410 | 3,834,016 | 2,855,766 |
| total shareholders funds | 9,917,912 | 9,440,514 | 9,684,921 | 8,140,720 | 8,853,926 | 6,834,252 | 5,783,182 | 5,282,174 | 6,410,578 | 4,876,410 | 3,834,016 | 2,855,766 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,312,814 | 1,555,495 | 1,981,386 | 1,196,018 | 2,534,979 | 1,020,208 | 334,025 | 989,256 | 1,832,836 | 1,344,309 | 1,331,228 | 523,890 |
| Depreciation | 251,210 | 319,902 | 381,760 | 374,858 | 384,166 | 319,511 | 229,409 | 258,686 | 216,189 | 190,852 | 174,208 | 73,529 |
| Amortisation | 26,443 | 23,328 | 12,708 | 0 | 0 | 0 | 130,465 | 521,928 | 521,928 | 521,928 | 521,928 | 391,443 |
| Tax | -183,284 | -831,884 | -482,748 | -481,436 | -545,794 | -199,551 | -123,463 | -232,904 | -408,976 | -328,877 | -332,472 | -133,582 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,484,653 | -1,825,192 | 3,171,440 | 7,425,908 | 2,031,881 | 2,662,534 | 1,136,764 | 1,145,574 | 432,945 | 1,191,207 | 1,198,433 | 2,567,320 |
| Creditors | -795,842 | 1,039,657 | -460,697 | 146,979 | 341,247 | -177,405 | 105,998 | -14,613 | 8,525 | -184,263 | 253,172 | 254,045 |
| Accruals and Deferred Income | 2,964,305 | -1,571,885 | 1,641,192 | 6,241,618 | 1,382,000 | 1,190,096 | 187,487 | -168,961 | 267,908 | -13,769 | -1,407,905 | 3,166,803 |
| Deferred Taxes & Provisions | -503,009 | -169,183 | -257,118 | 1,287,945 | -2,514 | 13,331 | -7,488 | 58,083 | -4,348 | -1,182 | -5,029 | 16,504 |
| Cash flow from operations | 1,587,984 | 2,190,622 | -354,957 | 1,340,074 | 2,062,203 | -496,344 | -280,331 | 265,901 | 2,001,117 | 337,791 | -663,303 | 1,725,312 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -190,737 | -1,655,971 | -122,914 | -475,793 | -112,539 | -87,828 | -258,407 | -3,145,492 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -153,000 | 0 | 140,000 | 12,976 | 25 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -190,737 | -1,502,971 | -122,914 | -615,793 | -125,515 | -87,853 | -258,407 | -3,145,492 |
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -322,894 | -324,145 | 723,251 | 1,162,482 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -6,588,383 | -138,752 | 1,570,523 | 545,736 | 619,433 | 83,468 | 380,904 | 2,902,021 | 625,050 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -625,050 | 625,050 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 147,868 | 31,982 | 45,563 | 72,211 | 13,146 | 65 | 3,005 | 7,139 | 14,909 | 8,975 | -20,506 | -34,582 |
| cash flow from financing | -175,026 | -292,163 | 768,814 | -5,353,689 | -108,263 | 1,800,936 | 836,182 | 734,676 | 193,777 | 407,866 | 2,256,465 | 3,715,558 |
| cash and cash equivalents | ||||||||||||
| cash | -459,062 | 873,040 | 154,672 | -5,970,436 | 1,763,203 | -351,379 | 461,430 | -1,643,709 | 2,069,379 | 657,804 | 1,334,755 | 2,295,378 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -459,062 | 873,040 | 154,672 | -5,970,436 | 1,763,203 | -351,379 | 461,430 | -1,643,709 | 2,069,379 | 657,804 | 1,334,755 | 2,295,378 |
akt ii limited Credit Report and Business Information
Akt Ii Limited Competitor Analysis
Perform a competitor analysis for akt ii limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
akt ii limited Ownership
AKT II LIMITED group structure
Akt Ii Limited has 2 subsidiary companies.
Ultimate parent company
TYRENS AB
#0074787
2 parents
AKT II LIMITED
07500271
2 subsidiaries
akt ii limited directors
Akt Ii Limited currently has 8 directors. The longest serving directors include Professor Hanif Kara (Mar 2011) and Mr Albert Williamson-Taylor (Mar 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Professor Hanif Kara | United Kingdom | 66 years | Mar 2011 | - | Director |
| Mr Albert Williamson-Taylor | England | 65 years | Mar 2011 | - | Director |
| Mr Paul Scott | England | 59 years | Mar 2011 | - | Director |
| Mr Gerald O'Brien | England | 55 years | Mar 2011 | - | Director |
| Mr Stylianos Papastylianou | 49 years | Sep 2016 | - | Director | |
| Mr Robert Partridge | England | 49 years | Sep 2016 | - | Director |
| Mr Steven Toon | England | 50 years | Sep 2016 | - | Director |
| Ms Eva Aspengren | United Kingdom | 59 years | Jun 2024 | - | Director |
P&L
December 2022turnover
29.5m
+7%
operating profit
2.3m
+49%
gross margin
37.1%
+15.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
9.9m
+0.05%
total assets
26m
+0.08%
cash
1.2m
-0.28%
net assets
Total assets minus all liabilities
akt ii limited company details
company number
07500271
Type
Private limited with Share Capital
industry
71122 - Engineering related scientific and technical consulting activities
incorporation date
January 2011
age
13
accounts
Full Accounts
ultimate parent company
previous names
akt2 limited (April 2011)
incorporated
UK
address
white collar factory, 1 old street yard, london, EC1Y 8AF
last accounts submitted
December 2022
akt ii limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to akt ii limited. Currently there are 0 open charges and 1 have been satisfied in the past.
akt ii limited Companies House Filings - See Documents
| date | description | view/download |
|---|
