attest technologies limited
attest technologies limited Company Information
Company Number
09445883
Next Accounts
Sep 2025
Shareholders
new enterprise associates 16 limited partnership
jeremy king
View AllGroup Structure
View All
Industry
Business and domestic software development
Registered Address
21-33 great eastern street, london, EC2A 3EJ
Website
www.askattest.comattest technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £14.1m based on a Turnover of £12m and 1.17x industry multiple (adjusted for size and gross margin).
attest technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-10.7m and a 7.16x industry multiple (adjusted for size and gross margin).
attest technologies limited Estimated Valuation
Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £21.8m based on Net Assets of £9.2m and 2.38x industry multiple (adjusted for liquidity).
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Attest Technologies Limited Overview
Attest Technologies Limited is a live company located in london, EC2A 3EJ with a Companies House number of 09445883. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2015, it's largest shareholder is new enterprise associates 16 limited partnership with a 21.6% stake. Attest Technologies Limited is a established, mid sized company, Pomanda has estimated its turnover at £12m with rapid growth in recent years.
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Attest Technologies Limited Health Check
Pomanda's financial health check has awarded Attest Technologies Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £12m, make it larger than the average company (£4.6m)
£12m - Attest Technologies Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (10.2%)
41% - Attest Technologies Limited
10.2% - Industry AVG
Production
with a gross margin of 80%, this company has a comparable cost of product (72%)
80% - Attest Technologies Limited
72% - Industry AVG
Profitability
an operating margin of -89.9% make it less profitable than the average company (3.4%)
-89.9% - Attest Technologies Limited
3.4% - Industry AVG
Employees
with 126 employees, this is above the industry average (42)
126 - Attest Technologies Limited
42 - Industry AVG
Pay Structure
on an average salary of £110.6k, the company has a higher pay structure (£72.2k)
£110.6k - Attest Technologies Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £95.3k, this is less efficient (£122.2k)
£95.3k - Attest Technologies Limited
£122.2k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (58 days)
77 days - Attest Technologies Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (41 days)
23 days - Attest Technologies Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Attest Technologies Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 96 weeks, this is more cash available to meet short term requirements (17 weeks)
96 weeks - Attest Technologies Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (63.1%)
41.2% - Attest Technologies Limited
63.1% - Industry AVG
ATTEST TECHNOLOGIES LIMITED financials
Attest Technologies Limited's latest turnover from December 2023 is £12 million and the company has net assets of £9.2 million. According to their latest financial statements, Attest Technologies Limited has 126 employees and maintains cash reserves of £12 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,005,265 | 9,121,355 | 6,260,538 | 4,294,157 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,405,527 | 2,685,797 | 1,625,799 | 1,529,112 | |||||
| Gross Profit | 9,599,738 | 6,435,558 | 4,634,739 | 2,765,045 | |||||
| Admin Expenses | 20,396,668 | 21,103,366 | 16,051,334 | 11,882,546 | |||||
| Operating Profit | -10,796,930 | -14,667,808 | -11,416,595 | -9,117,501 | |||||
| Interest Payable | 41 | 17 | 554,672 | 425,502 | |||||
| Interest Receivable | 155,950 | 105,136 | |||||||
| Pre-Tax Profit | -10,641,021 | -14,562,689 | -11,971,267 | -9,543,003 | |||||
| Tax | 273,005 | 777,509 | 1,487,633 | 2,195,889 | |||||
| Profit After Tax | -10,368,016 | -13,785,180 | -10,483,634 | -7,347,114 | |||||
| Dividends Paid | |||||||||
| Retained Profit | -10,368,016 | -13,785,180 | -10,483,634 | -7,347,114 | |||||
| Employee Costs | 13,929,682 | 14,435,403 | 11,108,731 | 8,319,100 | |||||
| Number Of Employees | 126 | 139 | 117 | 103 | 49 | ||||
| EBITDA* | -10,739,472 | -14,591,126 | -11,363,307 | -9,071,536 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 161,955 | 175,195 | 54,805 | 92,920 | 74,056 | 33,029 | 14,681 | 7,981 | 6,575 |
| Intangible Assets | 83,978 | 112,707 | |||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 123,005 | ||||||||
| Total Fixed Assets | 368,938 | 287,902 | 54,805 | 92,920 | 74,056 | 33,029 | 14,681 | 7,981 | 6,575 |
| Stock & work in progress | |||||||||
| Trade Debtors | 2,550,502 | 1,663,056 | 1,258,398 | 1,254,237 | 1,320,490 | 428,423 | 108,871 | 17,799 | 450 |
| Group Debtors | |||||||||
| Misc Debtors | 698,863 | 1,861,651 | 3,770,154 | 2,481,850 | 753,959 | 118,510 | 305,863 | 99,992 | 90,159 |
| Cash | 11,982,754 | 16,761,199 | 33,235,195 | 12,712,136 | 5,007,440 | 1,028,556 | 665,163 | 33,565 | 337,239 |
| misc current assets | 5,970,149 | ||||||||
| total current assets | 15,232,119 | 26,256,055 | 38,263,747 | 16,448,223 | 7,081,889 | 1,575,489 | 1,079,897 | 151,356 | 427,848 |
| total assets | 15,601,057 | 26,543,957 | 38,318,552 | 16,541,143 | 7,155,945 | 1,608,518 | 1,094,578 | 159,337 | 434,423 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 155,676 | 409,523 | 448,148 | 495,264 | 409,393 | 167,328 | 49,232 | 9,340 | 12,856 |
| Group/Directors Accounts | 22 | 22 | |||||||
| other short term finances | 12,979,243 | ||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 6,277,412 | 6,627,317 | 4,488,340 | 3,346,001 | 1,579,034 | 369,308 | 90,420 | 16,703 | 13,217 |
| total current liabilities | 6,433,088 | 7,036,840 | 4,936,488 | 16,820,508 | 1,988,449 | 536,636 | 139,652 | 26,065 | 26,073 |
| loans | 1,733,333 | ||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 1,733,333 | ||||||||
| total liabilities | 6,433,088 | 7,036,840 | 4,936,488 | 18,553,841 | 1,988,449 | 536,636 | 139,652 | 26,065 | 26,073 |
| net assets | 9,167,969 | 19,507,117 | 33,382,064 | -2,012,698 | 5,167,496 | 1,071,882 | 954,926 | 133,272 | 408,350 |
| total shareholders funds | 9,167,969 | 19,507,117 | 33,382,064 | -2,012,698 | 5,167,496 | 1,071,882 | 954,926 | 133,272 | 408,350 |
| Dec 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -10,796,930 | -14,667,808 | -11,416,595 | -9,117,501 | |||||
| Depreciation | 28,729 | 56,792 | 53,288 | 45,965 | 26,833 | 11,854 | 6,508 | 2,168 | 1,050 |
| Amortisation | 28,729 | 19,890 | |||||||
| Tax | 273,005 | 777,509 | 1,487,633 | 2,195,889 | |||||
| Stock | |||||||||
| Debtors | -152,337 | -1,503,845 | 1,292,465 | 1,661,638 | 1,527,516 | 132,199 | 296,943 | 117,791 | 90,609 |
| Creditors | -253,847 | -38,625 | -47,116 | 85,871 | 242,065 | 118,096 | 39,892 | 9,340 | 12,856 |
| Accruals and Deferred Income | -349,905 | 2,138,977 | 1,142,339 | 1,766,967 | 1,209,726 | 278,888 | 73,717 | 16,703 | 13,217 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | -10,917,882 | -10,209,420 | -10,072,916 | -6,684,447 | |||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -22 | 22 | -22 | 22 | |||||
| Other Short Term Loans | -12,979,243 | 12,979,243 | |||||||
| Long term loans | -1,733,333 | 1,733,333 | |||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 155,909 | 105,119 | -554,672 | -425,502 | |||||
| cash flow from financing | 184,777 | 15,352 | 30,611,148 | 14,453,972 | |||||
| cash and cash equivalents | |||||||||
| cash | -4,778,445 | -16,473,996 | 20,523,059 | 7,704,696 | 3,978,884 | 363,393 | 631,598 | 33,565 | 337,239 |
| overdraft | |||||||||
| change in cash | -4,778,445 | -16,473,996 | 20,523,059 | 7,704,696 | 3,978,884 | 363,393 | 631,598 | 33,565 | 337,239 |
attest technologies limited Credit Report and Business Information
Attest Technologies Limited Competitor Analysis
Perform a competitor analysis for attest technologies limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
attest technologies limited Ownership
ATTEST TECHNOLOGIES LIMITED group structure
Attest Technologies Limited has no subsidiary companies.
Ultimate parent company
ATTEST TECHNOLOGIES LIMITED
09445883
attest technologies limited directors
Attest Technologies Limited currently has 6 directors. The longest serving directors include Mr Jeremy King (Feb 2015) and Mr Damien Lane (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy King | England | 43 years | Feb 2015 | - | Director |
| Mr Damien Lane | United Kingdom | 56 years | Sep 2015 | - | Director |
| Mr Christian Nordby | Guernsey | 36 years | Aug 2021 | - | Director |
| Mrs Meghan Laffey | England | 40 years | Jun 2022 | - | Director |
| Mr Philip Chopin | United States | 37 years | Jul 2023 | - | Director |
| Mr Todd Latham | England | 46 years | Nov 2024 | - | Director |
P&L
December 2023turnover
12m
+32%
operating profit
-10.8m
-26%
gross margin
80%
+13.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.2m
-0.53%
total assets
15.6m
-0.41%
cash
12m
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
attest technologies limited company details
company number
09445883
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
21-33 great eastern street, london, EC2A 3EJ
Bank
-
Legal Advisor
-
attest technologies 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 3 charges/mortgages relating to attest technologies limited. Currently there are 0 open charges and 3 have been satisfied in the past.
attest technologies limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ATTEST TECHNOLOGIES LIMITED. This can take several minutes, an email will notify you when this has completed.
attest technologies limited Companies House Filings - See Documents
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