tegos systems ltd
tegos systems ltd Company Information
Company Number
09613458
Next Accounts
Sep 2025
Shareholders
tegos gmbh dortmund
jason fazackerley
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
76 king street, manchester, M2 4NH
Website
www.tegos-systems.comtegos systems ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGOS SYSTEMS LTD at £3.1m based on a Turnover of £4.2m and 0.73x industry multiple (adjusted for size and gross margin).
tegos systems ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGOS SYSTEMS LTD at £4.5m based on an EBITDA of £870.7k and a 5.12x industry multiple (adjusted for size and gross margin).
tegos systems ltd Estimated Valuation
Pomanda estimates the enterprise value of TEGOS SYSTEMS LTD at £1.1m based on Net Assets of £482.6k and 2.29x industry multiple (adjusted for liquidity).
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Tegos Systems Ltd Overview
Tegos Systems Ltd is a live company located in manchester, M2 4NH with a Companies House number of 09613458. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2015, it's largest shareholder is tegos gmbh dortmund with a 51% stake. Tegos Systems Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.2m with high growth in recent years.
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Tegos Systems Ltd Health Check
Pomanda's financial health check has awarded Tegos Systems Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £4.2m, make it larger than the average company (£3.2m)
- Tegos Systems Ltd
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.5%)
- Tegos Systems Ltd
8.5% - Industry AVG
Production
with a gross margin of 45.5%, this company has a comparable cost of product (45.5%)
- Tegos Systems Ltd
45.5% - Industry AVG
Profitability
an operating margin of 15.2% make it more profitable than the average company (5.8%)
- Tegos Systems Ltd
5.8% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (22)
26 - Tegos Systems Ltd
22 - Industry AVG
Pay Structure
on an average salary of £63k, the company has an equivalent pay structure (£63k)
- Tegos Systems Ltd
£63k - Industry AVG
Efficiency
resulting in sales per employee of £162.8k, this is more efficient (£138.9k)
- Tegos Systems Ltd
£138.9k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (61 days)
- Tegos Systems Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (28 days)
- Tegos Systems Ltd
28 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (11 days)
- Tegos Systems Ltd
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (16 weeks)
23 weeks - Tegos Systems Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (59%)
81.4% - Tegos Systems Ltd
59% - Industry AVG
TEGOS SYSTEMS LTD financials
Tegos Systems Ltd's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £482.6 thousand. According to their latest financial statements, Tegos Systems Ltd has 26 employees and maintains cash reserves of £657.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 26 | 24 | 18 | 16 | 17 | 14 | 15 | 13 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 40,131 | 9,902 | 2,951 | 4,570 | 5,445 | 6,257 | 9,228 | 10,202 | |
| Intangible Assets | 663,029 | 884,043 | 1,105,057 | 1,326,071 | 1,370,777 | 1,566,603 | 1,762,429 | 2,010,599 | |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 703,160 | 893,945 | 1,108,008 | 1,330,641 | 1,376,222 | 1,572,860 | 1,771,657 | 2,020,801 | |
| Stock & work in progress | 40,000 | 29,303 | |||||||
| Trade Debtors | 1,009,289 | 890,489 | 761,027 | 713,436 | 1,146,769 | 809,151 | 1,197,277 | 1,286,599 | |
| Group Debtors | |||||||||
| Misc Debtors | 181,409 | 200,105 | 258,190 | 396,931 | 488,366 | 491,216 | 386,018 | 279,661 | 131,544 |
| Cash | 657,086 | 62,586 | 285,610 | 310,537 | 47,391 | 164,262 | 157,467 | 108,948 | 15,766 |
| misc current assets | |||||||||
| total current assets | 1,887,784 | 1,182,483 | 1,304,827 | 1,420,904 | 1,682,526 | 1,464,629 | 1,740,762 | 1,675,208 | 147,310 |
| total assets | 2,590,944 | 2,076,428 | 2,412,835 | 2,751,545 | 3,058,748 | 3,037,489 | 3,512,419 | 3,696,009 | 147,310 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 75,260 | 57,711 | 13,952 | 12,101 | 79,677 | 16,070 | 15,109 | 618,759 | |
| Group/Directors Accounts | 267,464 | 468,079 | 603,518 | 812,025 | 949,211 | 861,805 | 677,687 | 610,856 | 33,784 |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 1,085,554 | 593,604 | 854,146 | 923,077 | 1,090,002 | 963,190 | 1,500,881 | 1,161,029 | 113,326 |
| total current liabilities | 1,428,278 | 1,119,394 | 1,471,616 | 1,747,203 | 2,118,890 | 1,841,065 | 2,193,677 | 2,390,644 | 147,110 |
| loans | 679,479 | 903,191 | 1,091,645 | 1,299,561 | 1,346,901 | 1,566,155 | 1,667,265 | 1,703,715 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 561 | 561 | 561 | 867 | |||||
| total long term liabilities | 680,040 | 903,752 | 1,092,206 | 1,299,561 | 1,347,768 | 1,566,155 | 1,667,265 | 1,703,715 | |
| total liabilities | 2,108,318 | 2,023,146 | 2,563,822 | 3,046,764 | 3,466,658 | 3,407,220 | 3,860,942 | 4,094,359 | 147,110 |
| net assets | 482,626 | 53,282 | -150,987 | -295,219 | -407,910 | -369,731 | -348,523 | -398,350 | 200 |
| total shareholders funds | 482,626 | 53,282 | -150,987 | -295,219 | -407,910 | -369,731 | -348,523 | -398,350 | 200 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,116 | 4,303 | 1,619 | 1,766 | 1,847 | 2,971 | 2,656 | 3,401 | |
| Amortisation | 221,014 | 221,014 | 221,014 | 221,012 | 195,826 | 195,826 | 195,826 | ||
| Tax | |||||||||
| Stock | 10,697 | 29,303 | |||||||
| Debtors | 100,104 | 71,377 | -91,150 | -524,768 | 334,768 | -282,928 | 17,035 | 1,434,716 | 131,544 |
| Creditors | 17,549 | 43,759 | 1,851 | -67,576 | 63,607 | 961 | -603,650 | 618,759 | |
| Accruals and Deferred Income | 491,950 | -260,542 | -68,931 | -166,925 | 126,812 | -537,691 | 339,852 | 1,047,703 | 113,326 |
| Deferred Taxes & Provisions | 561 | -867 | 867 | ||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -200,615 | -135,439 | -208,507 | -137,186 | 87,406 | 184,118 | 66,831 | 577,072 | 33,784 |
| Other Short Term Loans | |||||||||
| Long term loans | -223,712 | -188,454 | -207,916 | -47,340 | -219,254 | -101,110 | -36,450 | 1,703,715 | |
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 594,500 | -223,024 | -24,927 | 263,146 | -116,871 | 6,795 | 48,519 | 93,182 | 15,766 |
| overdraft | |||||||||
| change in cash | 594,500 | -223,024 | -24,927 | 263,146 | -116,871 | 6,795 | 48,519 | 93,182 | 15,766 |
tegos systems ltd Credit Report and Business Information
Tegos Systems Ltd Competitor Analysis
Perform a competitor analysis for tegos systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 2 area or any other competitors across 12 key performance metrics.
tegos systems ltd Ownership
TEGOS SYSTEMS LTD group structure
Tegos Systems Ltd has no subsidiary companies.
Ultimate parent company
TEGOS GMBH DORTMUND
#0076031
1 parent
TEGOS SYSTEMS LTD
09613458
tegos systems ltd directors
Tegos Systems Ltd currently has 3 directors. The longest serving directors include Mr Jason Fazackerley (May 2015) and Mr Ralf Linnemann (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Fazackerley | England | 57 years | May 2015 | - | Director |
| Mr Ralf Linnemann | England | 52 years | Feb 2016 | - | Director |
| Mr Andreas Kullmann | England | 62 years | Feb 2016 | - | Director |
P&L
December 2023turnover
4.2m
+17%
operating profit
642.6k
0%
gross margin
45.6%
-1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
482.6k
+8.06%
total assets
2.6m
+0.25%
cash
657.1k
+9.5%
net assets
Total assets minus all liabilities
tegos systems ltd company details
company number
09613458
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
DJH MITTEN CLARKE AUDIT LIMITED
auditor
-
address
76 king street, manchester, M2 4NH
Bank
-
Legal Advisor
-
tegos systems ltd 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 tegos systems ltd.
tegos systems ltd 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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tegos systems ltd Companies House Filings - See Documents
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