accelerate technology limited
accelerate technology limited Company Information
Company Number
09576924
Next Accounts
Dec 2025
Shareholders
manoj kumar badale
mark james onyett
View AllGroup Structure
View All
Industry
Computer consultancy activities
Registered Address
scale space 58 wood lane, london, W12 7RZ
Website
-accelerate technology limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERATE TECHNOLOGY LIMITED at £162.4k based on a Turnover of £252k and 0.64x industry multiple (adjusted for size and gross margin).
accelerate technology limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERATE TECHNOLOGY LIMITED at £0 based on an EBITDA of £-3.3k and a 4.54x industry multiple (adjusted for size and gross margin).
accelerate technology limited Estimated Valuation
Pomanda estimates the enterprise value of ACCELERATE TECHNOLOGY LIMITED at £226.1k based on Net Assets of £98.9k and 2.29x industry multiple (adjusted for liquidity).
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Accelerate Technology Limited Overview
Accelerate Technology Limited is a live company located in london, W12 7RZ with a Companies House number of 09576924. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2015, it's largest shareholder is manoj kumar badale with a 25% stake. Accelerate Technology Limited is a established, micro sized company, Pomanda has estimated its turnover at £252k with declining growth in recent years.
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Accelerate Technology Limited Health Check
Pomanda's financial health check has awarded Accelerate Technology Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £252k, make it smaller than the average company (£1.4m)
- Accelerate Technology Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (9.3%)
- Accelerate Technology Limited
9.3% - Industry AVG
Production
with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)
- Accelerate Technology Limited
43.9% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (6.1%)
- Accelerate Technology Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Accelerate Technology Limited
12 - Industry AVG
Pay Structure
on an average salary of £59.8k, the company has an equivalent pay structure (£59.8k)
- Accelerate Technology Limited
£59.8k - Industry AVG
Efficiency
resulting in sales per employee of £84k, this is less efficient (£130.8k)
- Accelerate Technology Limited
£130.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Accelerate Technology Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (28 days)
- Accelerate Technology Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Accelerate Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (17 weeks)
3 weeks - Accelerate Technology Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.3%, this is a lower level of debt than the average (55.4%)
34.3% - Accelerate Technology Limited
55.4% - Industry AVG
ACCELERATE TECHNOLOGY LIMITED financials
Accelerate Technology Limited's latest turnover from March 2024 is estimated at £252 thousand and the company has net assets of £98.9 thousand. According to their latest financial statements, Accelerate Technology Limited has 3 employees and maintains cash reserves of £3.4 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 5 | 6 | 7 | 4 |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 65,880 | 73,681 | 189,742 | 278,082 | 250,552 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 147,081 | 154,642 | 150,000 | 84 | 3,292 | 19,437 | 3,008 | ||
| Cash | 3,373 | 17 | 5,818 | 8,369 | 699 | 2,501 | 72,720 | 46,004 | 3,981 |
| misc current assets | |||||||||
| total current assets | 150,454 | 154,659 | 155,818 | 74,249 | 74,464 | 195,535 | 370,239 | 299,564 | 3,981 |
| total assets | 150,454 | 154,659 | 155,818 | 74,249 | 74,464 | 195,535 | 370,239 | 299,564 | 3,981 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 1,546 | 2,594 | 73,418 | 72,089 | 157,301 | 293,371 | 20,738 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 50,014 | 50,000 | 50,000 | 95,777 | 96,885 | 124,368 | 63,632 | 262,476 | 1,500 |
| total current liabilities | 51,560 | 52,594 | 50,000 | 169,195 | 168,974 | 281,669 | 357,003 | 283,214 | 1,500 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 51,560 | 52,594 | 50,000 | 169,195 | 168,974 | 281,669 | 357,003 | 283,214 | 1,500 |
| net assets | 98,894 | 102,065 | 105,818 | -94,946 | -94,510 | -86,134 | 13,236 | 16,350 | 2,481 |
| total shareholders funds | 98,894 | 102,065 | 105,818 | -94,946 | -94,510 | -86,134 | 13,236 | 16,350 | 2,481 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -7,561 | 4,642 | 84,120 | -7,885 | -119,269 | -104,485 | 43,959 | 253,560 | |
| Creditors | -1,048 | 2,594 | -73,418 | 1,329 | -85,212 | -136,070 | 272,633 | 20,738 | |
| Accruals and Deferred Income | 14 | -45,777 | -1,108 | -27,483 | 60,736 | -198,844 | 260,976 | 1,500 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 3,356 | -5,801 | -2,551 | 7,670 | -1,802 | -70,219 | 26,716 | 42,023 | 3,981 |
| overdraft | |||||||||
| change in cash | 3,356 | -5,801 | -2,551 | 7,670 | -1,802 | -70,219 | 26,716 | 42,023 | 3,981 |
accelerate technology limited Credit Report and Business Information
Accelerate Technology Limited Competitor Analysis
Perform a competitor analysis for accelerate technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W12 area or any other competitors across 12 key performance metrics.
accelerate technology limited Ownership
ACCELERATE TECHNOLOGY LIMITED group structure
Accelerate Technology Limited has no subsidiary companies.
Ultimate parent company
ACCELERATE TECHNOLOGY LIMITED
09576924
accelerate technology limited directors
Accelerate Technology Limited currently has 3 directors. The longest serving directors include Mr Manoj Bithal (May 2015) and Mr Manoj Badale (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manoj Bithal | United Kingdom | 53 years | May 2015 | - | Director |
| Mr Manoj Badale | United Kingdom | 57 years | Feb 2017 | - | Director |
| Mr Charles Mindenhall | England | 53 years | Feb 2017 | - | Director |
P&L
March 2024turnover
252k
+3%
operating profit
-3.3k
0%
gross margin
43.9%
-7.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
98.9k
-0.03%
total assets
150.5k
-0.03%
cash
3.4k
+197.41%
net assets
Total assets minus all liabilities
Similar Companies
accelerate technology limited company details
company number
09576924
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
bc alpha limited (March 2016)
accountant
-
auditor
-
address
scale space 58 wood lane, london, W12 7RZ
Bank
-
Legal Advisor
-
accelerate technology 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 did not find charges/mortgages relating to accelerate technology limited.
accelerate technology 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.
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accelerate technology limited Companies House Filings - See Documents
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