Techengine Uk Ltd

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techengine uk ltd Company Information

Live

EstablishedMicroDeclining

Company Number

08624989

Website

http://javartech.com

Registered Address

20-22 wenlock road, london, N1 7GU

Industry

Computer consultancy activities

Telephone

02082265227

Next Accounts Due

December 2025

Group Structure

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Directors

Jane Ajayi11 Years

Shareholders

jane remilekun ajayi 100%

techengine uk ltd Estimated Valuation

£15.8k

Pomanda estimates the enterprise value of TECHENGINE UK LTD at £15.8k based on a Turnover of £32k and 0.5x industry multiple (adjusted for size and gross margin).

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Techengine Uk Ltd is a live company located in london, N1 7GU with a Companies House number of 08624989. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in July 2013, it's largest shareholder is jane remilekun ajayi with a 100% stake. Techengine Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £32k with declining growth in recent years.

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Pomanda's financial health check has awarded Techengine Uk Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £32k, make it smaller than the average company (£612.7k)

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (9%)

EXPORT

Techengine Uk Ltd's latest turnover from March 2024 is estimated at £32 thousand and the company has net assets of -£17.1 thousand. According to their latest financial statements, Techengine Uk Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014
Turnover	31,983	29,544	30,574	60,492	67,347	25,130	52,359	52,072	62,257	5,865	2,438
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	24,907	21,975	22,665	44,904	48,469	18,149	37,367	36,447	43,189	4,099	1,666
Gross Profit	7,076	7,569	7,910	15,588	18,878	6,981	14,992	15,626	19,068	1,766	773
Admin Expenses	7,566	12,701	17,017	26,622	40,424	15,488	-4,856	-11,725	19,020	1,731	667
Operating Profit	-490	-5,132	-9,107	-11,034	-21,546	-8,507	19,848	27,351	48	35	106
Interest Payable	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	30	17	30	290	177	46	37	13	4
Pre-Tax Profit	-490	-5,132	-9,077	-11,017	-21,516	-8,217	20,025	27,398	85	48	110
Tax	0	0	0	0	0	0	-3,805	-5,479	-17	-10	-25
Profit After Tax	-490	-5,132	-9,077	-11,017	-21,516	-8,217	16,220	21,918	68	38	85
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-490	-5,132	-9,077	-11,017	-21,516	-8,217	16,220	21,918	68	38	85
Employee Costs	53,417	53,328	49,103	45,875	46,288	53,119	51,394	54,795	57,593	57,761	56,003
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	-490	-5,132	-6,493	-8,421	-18,932	-7,561	19,848	27,351	48	35	106

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014
Tangible Assets	0	107	2,614	5,228	7,841	0	946	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	107	2,614	5,228	7,841	0	946	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	202	151	1,468	0	0	533	16,032	13,322	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	7,888	26,671	32,504	44,880	25,743	11,168	3,657	1,633
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	202	151	1,468	7,888	26,671	33,037	60,912	39,065	11,168	3,657	1,633
total assets	202	258	4,082	13,116	34,512	33,037	61,858	39,065	11,168	3,657	1,633
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	17,322	16,168	14,860	15,536	25,915	2,924	23,528	16,955	10,976	3,533	1,547
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	17,322	16,168	14,860	15,536	25,915	2,924	23,528	16,955	10,976	3,533	1,547
loans	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	720	720	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	720	720	0	0	0	0	0	0	0	0
total liabilities	17,322	16,888	15,580	15,536	25,915	2,924	23,528	16,955	10,976	3,533	1,547
net assets	-17,120	-16,630	-11,498	-2,420	8,597	30,113	38,330	22,110	192	124	86
total shareholders funds	-17,120	-16,630	-11,498	-2,420	8,597	30,113	38,330	22,110	192	124	86

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014
Operating Activities
Operating Profit	-490	-5,132	-9,107	-11,034	-21,546	-8,507	19,848	27,351	48	35	106
Depreciation	0	0	2,614	2,613	2,614	946	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	0	0	0	-3,805	-5,479	-17	-10	-25
Stock	0	0	0	0	0	0	0	0	0	0	0
Debtors	51	-1,317	1,468	0	-533	-15,499	2,710	13,322	0	0	0
Creditors	1,154	1,308	-676	-10,379	22,991	-20,604	6,573	5,979	7,443	1,986	1,547
Accruals and Deferred Income	-720	0	720	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-107	-2,507	-7,917	-18,800	4,592	-12,666	19,906	14,529	7,474	2,011	1,628
Investing Activities
capital expenditure	107	2,507	0	0	-10,455	0	-946	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	107	2,507	0	0	-10,455	0	-946	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	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
share issue	0	0	-1	0	0	0	0	0	0	0	1
interest	0	0	30	17	30	290	177	46	37	13	4
cash flow from financing	0	0	29	17	30	290	177	46	37	13	5
cash and cash equivalents
cash	0	0	-7,888	-18,783	-5,833	-12,376	19,137	14,575	7,511	2,024	1,633
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	-7,888	-18,783	-5,833	-12,376	19,137	14,575	7,511	2,024	1,633

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for techengine uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.

TECHENGINE UK LTD group structure

Techengine Uk Ltd has no subsidiary companies.

Ultimate parent company

TECHENGINE UK LTD

08624989

TECHENGINE UK LTD Shareholders

jane remilekun ajayi

100%

Techengine Uk Ltd currently has 1 director, Ms Jane Ajayi serving since Jul 2013.

officer	country	age	start	end	role
Ms Jane Ajayi	England	51 years	Jul 2013	-	Director

P&L

March 2024

turnover

32k

+8%

operating profit

-490

gross margin

22.2%

-13.64%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-17.1k

+0.03%

total assets

202

-0.22%

cash

net assets

Total assets minus all liabilities

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company number

08624989

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

July 2013

ultimate parent company

None

previous names

javartech ltd (January 2014)

address

20-22 wenlock road, london, N1 7GU

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 did not find charges/mortgages relating to techengine uk ltd.

techengine uk ltd Company Information

techengine uk ltd Estimated Valuation

techengine uk ltd Estimated Valuation

techengine uk ltd Estimated Valuation

Techengine Uk Ltd Overview

Techengine Uk Ltd Health Check

TECHENGINE UK LTD financials

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Techengine Uk Ltd Competitor Analysis

techengine uk ltd Ownership

techengine uk ltd directors

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