acrelec international development limited
acrelec international development limited Company Information
Company Number
09903462
Next Accounts
Dec 2025
Shareholders
aksor sas
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
east wing focus 31, mark road, hemel hempstead, HP2 7BW
Website
-acrelec international development limited Estimated Valuation
Pomanda estimates the enterprise value of ACRELEC INTERNATIONAL DEVELOPMENT LIMITED at £425.9k based on a Turnover of £647.7k and 0.66x industry multiple (adjusted for size and gross margin).
acrelec international development limited Estimated Valuation
Pomanda estimates the enterprise value of ACRELEC INTERNATIONAL DEVELOPMENT LIMITED at £0 based on an EBITDA of £-450k and a 4.64x industry multiple (adjusted for size and gross margin).
acrelec international development limited Estimated Valuation
Pomanda estimates the enterprise value of ACRELEC INTERNATIONAL DEVELOPMENT LIMITED at £0 based on Net Assets of £-440.3k and 2.29x industry multiple (adjusted for liquidity).
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Acrelec International Development Limited Overview
Acrelec International Development Limited is a live company located in hemel hempstead, HP2 7BW with a Companies House number of 09903462. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2015, it's largest shareholder is aksor sas with a 100% stake. Acrelec International Development Limited is a established, small sized company, Pomanda has estimated its turnover at £647.7k with healthy growth in recent years.
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Acrelec International Development Limited Health Check
Pomanda's financial health check has awarded Acrelec International Development Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £647.7k, make it smaller than the average company (£1.3m)
- Acrelec International Development Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (9.3%)
- Acrelec International Development Limited
9.3% - Industry AVG
Production
with a gross margin of 44.1%, this company has a comparable cost of product (44.1%)
- Acrelec International Development Limited
44.1% - Industry AVG
Profitability
an operating margin of -70.1% make it less profitable than the average company (6.1%)
- Acrelec International Development Limited
6.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (12)
6 - Acrelec International Development Limited
12 - Industry AVG
Pay Structure
on an average salary of £59.1k, the company has an equivalent pay structure (£59.1k)
- Acrelec International Development Limited
£59.1k - Industry AVG
Efficiency
resulting in sales per employee of £107.9k, this is less efficient (£130.1k)
- Acrelec International Development Limited
£130.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Acrelec International Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (28 days)
- Acrelec International Development Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acrelec International Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (17 weeks)
9 weeks - Acrelec International Development Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 210.4%, this is a higher level of debt than the average (55.5%)
210.4% - Acrelec International Development Limited
55.5% - Industry AVG
ACRELEC INTERNATIONAL DEVELOPMENT LIMITED financials
Acrelec International Development Limited's latest turnover from March 2024 is estimated at £647.7 thousand and the company has net assets of -£440.3 thousand. According to their latest financial statements, Acrelec International Development Limited has 6 employees and maintains cash reserves of £156.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,062,032 | 2,078,017 | 1,943,452 | 2,105,470 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 2,110,281 | 1,979,064 | 1,886,307 | 1,954,537 | |||||
| Gross Profit | -48,249 | 98,953 | 57,145 | 150,933 | |||||
| Admin Expenses | 110,182 | 82,078 | 278,816 | 306,766 | |||||
| Operating Profit | -158,431 | 16,875 | -221,671 | -155,833 | |||||
| Interest Payable | 23,557 | 30,021 | |||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -158,431 | 16,875 | -221,671 | -155,833 | |||||
| Tax | 37,421 | -4,336 | 36,337 | 23,063 | |||||
| Profit After Tax | -121,010 | 12,539 | -185,334 | -132,770 | |||||
| Dividends Paid | |||||||||
| Retained Profit | -121,010 | 12,539 | -185,334 | -132,770 | |||||
| Employee Costs | 10,106 | 69,712 | |||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 4 | 4 | 5 | 4 | 4 |
| EBITDA* | -55,441 | 149,971 | -220,001 | -58,324 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,342 | 8,756 | 1,828 | 1,460 | 634 | 2,181 | 3,851 | 321 | |
| Intangible Assets | 2,537 | 21,125 | 82,071 | 196,327 | 298,536 | 396,223 | 415,680 | 81,191 | |
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 6,879 | 29,881 | 83,899 | 197,787 | 299,170 | 398,404 | 419,531 | 81,512 | |
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | 30,658 | 259,981 | 291,740 | 582,651 | 1,006,259 | ||||
| Misc Debtors | 205,145 | 119,185 | 145,678 | 215,747 | 254,261 | 247,213 | 40,596 | 21,237 | |
| Cash | 156,171 | 152,258 | 36,395 | 98,901 | 66,084 | 23,002 | 4,146 | 63,721 | |
| misc current assets | |||||||||
| total current assets | 391,974 | 531,424 | 473,813 | 314,648 | 320,345 | 3,970,392 | 834,010 | 1,110,576 | 21,237 |
| total assets | 398,853 | 561,305 | 557,712 | 512,435 | 619,515 | 4,368,796 | 1,253,541 | 1,192,088 | 21,237 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 57,873 | 17,002 | 1,653 | 23,110 | 17,794 | 237,610 | 42,812 | 960 | |
| Group/Directors Accounts | 560,383 | 818,212 | 844,023 | 883,467 | 880,352 | 1,090,852 | 1,099,749 | 69,817 | |
| other short term finances | 4,649,331 | ||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 220,870 | 126,852 | 117,328 | 98,451 | 64,526 | 100,757 | 92,435 | 949 | |
| total current liabilities | 839,126 | 962,066 | 963,004 | 981,918 | 967,988 | 4,729,808 | 1,429,219 | 1,234,996 | 71,726 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 839,126 | 962,066 | 963,004 | 981,918 | 967,988 | 4,729,808 | 1,429,219 | 1,234,996 | 71,726 |
| net assets | -440,273 | -400,761 | -405,292 | -469,483 | -348,473 | -361,012 | -175,678 | -42,908 | -50,489 |
| total shareholders funds | -440,273 | -400,761 | -405,292 | -469,483 | -348,473 | -361,012 | -175,678 | -42,908 | -50,489 |
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -158,431 | 16,875 | -221,671 | -155,833 | |||||
| Depreciation | 4,414 | 1,802 | 562 | 781 | 1,547 | 1,670 | 1,036 | 124 | |
| Amortisation | 60,946 | 114,256 | 102,209 | 131,549 | 96,473 | ||||
| Tax | 37,421 | -4,336 | 36,337 | 23,063 | |||||
| Stock | |||||||||
| Debtors | 235,803 | -58,252 | 221,671 | -38,514 | 254,261 | -829,864 | -216,991 | 1,025,618 | 21,237 |
| Creditors | 57,873 | 15,349 | 1,653 | -23,110 | 5,316 | -219,816 | 194,798 | 41,852 | 960 |
| Accruals and Deferred Income | 220,870 | 9,524 | 18,877 | 33,925 | 64,526 | -100,757 | 8,322 | 91,486 | 949 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 31,309 | -38,784 | 384,850 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 560,383 | -25,811 | -39,444 | 3,115 | 880,352 | -1,090,852 | -8,897 | 1,029,932 | 69,817 |
| Other Short Term Loans | -4,649,331 | 4,649,331 | |||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | 3,115 | -3,768,979 | |||||||
| cash and cash equivalents | |||||||||
| cash | 156,171 | 115,863 | -62,506 | 32,817 | 43,082 | 18,856 | -59,575 | 63,721 | |
| overdraft | |||||||||
| change in cash | 156,171 | 115,863 | -62,506 | 32,817 | 43,082 | 18,856 | -59,575 | 63,721 |
acrelec international development limited Credit Report and Business Information
Acrelec International Development Limited Competitor Analysis
Perform a competitor analysis for acrelec international development limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HP2 area or any other competitors across 12 key performance metrics.
acrelec international development limited Ownership
ACRELEC INTERNATIONAL DEVELOPMENT LIMITED group structure
Acrelec International Development Limited has no subsidiary companies.
Ultimate parent company
AKSOR SAS
#0083458
1 parent
ACRELEC INTERNATIONAL DEVELOPMENT LIMITED
09903462
acrelec international development limited directors
Acrelec International Development Limited currently has 2 directors. The longest serving directors include Mr Jacques Mangeot (Dec 2015) and Jalel Souissi (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jacques Mangeot | United Kingdom | 65 years | Dec 2015 | - | Director |
| Jalel Souissi | United Kingdom | 66 years | Dec 2015 | - | Director |
P&L
March 2024turnover
647.7k
0%
operating profit
-454.4k
0%
gross margin
44.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-440.3k
0%
total assets
398.9k
0%
cash
156.2k
0%
net assets
Total assets minus all liabilities
acrelec international development limited company details
company number
09903462
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
DIXON WILSON AUDIT SERVICES LLP
address
east wing focus 31, mark road, hemel hempstead, HP2 7BW
Bank
-
Legal Advisor
-
acrelec international development 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 acrelec international development limited.
acrelec international development 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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acrelec international development limited Companies House Filings - See Documents
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