Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £12.8m based on a Turnover of £12m and 1.06x industry multiple (adjusted for size and gross margin).
attest technologies limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £0 based on an EBITDA of £-10.7m and a 6.34x industry multiple (adjusted for size and gross margin).
attest technologies limitedEstimated Valuation
£21.6m
Pomanda estimates the enterprise value of ATTEST TECHNOLOGIES LIMITED at £21.6m based on Net Assets of £9.2m and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Attest Technologies LimitedOverview
Attest Technologies Limited is a live company located in london, EC2A 2DX 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.
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
Health Rating4out of 5
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 (10.3%)
41% - Attest Technologies Limited
10.3% - Industry AVG
Production
with a gross margin of 80%, this company has a comparable cost of product (71.7%)
80% - Attest Technologies Limited
71.7% - 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 (£71.8k)
£110.6k - Attest Technologies Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £95.3k, this is less efficient (£122.9k)
£95.3k - Attest Technologies Limited
£122.9k - 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 (63.2%)
41.2% - Attest Technologies Limited
63.2% - Industry AVG
ATTEST TECHNOLOGIES LIMITED financials
EXPORT
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
5,681,474
1,993,663
533,671
94,237
5,538
Other Income Or Grants
Cost Of Sales
2,405,527
2,685,797
1,625,799
1,529,112
1,492,215
529,780
140,027
24,994
1,407
Gross Profit
9,599,738
6,435,558
4,634,739
2,765,045
4,189,260
1,463,883
393,645
69,243
4,131
Admin Expenses
20,396,668
21,103,366
16,051,334
11,882,546
9,232,453
3,701,467
1,331,142
578,228
238,839
Operating Profit
-10,796,930
-14,667,808
-11,416,595
-9,117,501
-5,043,193
-2,237,584
-937,497
-508,985
-234,708
Interest Payable
41
17
554,672
425,502
Interest Receivable
155,950
105,136
22,635
6,351
1,747
42
843
Pre-Tax Profit
-10,641,021
-14,562,689
-11,971,267
-9,543,003
-5,020,558
-2,231,233
-935,750
-508,943
-233,865
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
-5,020,558
-2,231,233
-935,750
-508,943
-233,865
Dividends Paid
Retained Profit
-10,368,016
-13,785,180
-10,483,634
-7,347,114
-5,020,558
-2,231,233
-935,750
-508,943
-233,865
Employee Costs
13,929,682
14,435,403
11,108,731
8,319,100
2,890,749
1,115,718
343,231
54,752
53,986
Number Of Employees
126
139
117
103
49
19
6
1
1
EBITDA*
-10,739,472
-14,591,126
-11,363,307
-9,071,536
-5,016,360
-2,225,730
-930,989
-506,817
-233,658
* 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
-5,043,193
-2,237,584
-937,497
-508,985
-234,708
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
-5,092,085
-1,960,945
-1,114,323
-598,565
-298,194
Investing Activities
capital expenditure
-67,860
-30,202
-13,208
-10,149
-7,625
Change in Investments
cash flow from investments
-67,860
-30,202
-13,208
-10,149
-7,625
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
28,868
-89,767
45,878,396
166,920
9,116,172
2,348,189
1,757,404
642,215
642,215
interest
155,909
105,119
-554,672
-425,502
22,635
6,351
1,747
42
843
cash flow from financing
184,777
15,352
30,611,148
14,453,972
9,138,829
2,354,540
1,759,129
642,279
643,058
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
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for attest technologies limited. Get real-time insights into attest technologies limited's credit score, group structure and payment trends.
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 Shareholders
The largest shareholders in Attest Technologies Limited include New Enterprise Associates 16 Limited Partnership and Jeremy King.
new enterprise associates 16 limited partnership
21.58%
jeremy king
19.58%
hs investments ii limited
17.38%
episode 1 investments lp acting through its general partner episode (gp) ltd
10.34%
mnl (oxford capital) nominees limited
6.43%
hatberg investments limited
3.38%
schroders capital global innovation trust plc
2.96%
tony hunter
2.19%
gr growth spc
1.69%
emily lincoln-gordon
1.28%
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).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
9.2m
-0.53%
total assets
15.6m
-0.41%
cash
12m
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
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
None
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
25 worship street, london, EC2A 2DX
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 limitedCompanies House Filings - See Documents
