aker systems limited
aker systems limited Company Information
Company Number
10161344
Next Accounts
Feb 2026
Shareholders
ensco 1366 limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
25a market square, bicester, oxfordshire, OX26 6AD
Website
www.akersystems.comaker systems limited Estimated Valuation
Pomanda estimates the enterprise value of AKER SYSTEMS LIMITED at £28.4m based on a Turnover of £24.6m and 1.15x industry multiple (adjusted for size and gross margin).
aker systems limited Estimated Valuation
Pomanda estimates the enterprise value of AKER SYSTEMS LIMITED at £26.8m based on an EBITDA of £3.4m and a 7.85x industry multiple (adjusted for size and gross margin).
aker systems limited Estimated Valuation
Pomanda estimates the enterprise value of AKER SYSTEMS LIMITED at £13.3m based on Net Assets of £5.9m and 2.25x industry multiple (adjusted for liquidity).
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Aker Systems Limited Overview
Aker Systems Limited is a live company located in oxfordshire, OX26 6AD with a Companies House number of 10161344. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2016, it's largest shareholder is ensco 1366 limited with a 100% stake. Aker Systems Limited is a young, large sized company, Pomanda has estimated its turnover at £24.6m with healthy growth in recent years.
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Aker Systems Limited Health Check
Pomanda's financial health check has awarded Aker Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £24.6m, make it larger than the average company (£7.6m)
£24.6m - Aker Systems Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.3%)
14% - Aker Systems Limited
9.3% - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
49.8% - Aker Systems Limited
49.8% - Industry AVG
Profitability
an operating margin of 10.9% make it more profitable than the average company (4%)
10.9% - Aker Systems Limited
4% - Industry AVG
Employees
with 138 employees, this is above the industry average (43)
- Aker Systems Limited
43 - Industry AVG
Pay Structure
on an average salary of £72.7k, the company has an equivalent pay structure (£72.7k)
- Aker Systems Limited
£72.7k - Industry AVG
Efficiency
resulting in sales per employee of £178.1k, this is equally as efficient (£179.1k)
- Aker Systems Limited
£179.1k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (50 days)
39 days - Aker Systems Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (34 days)
5 days - Aker Systems Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aker Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (13 weeks)
65 weeks - Aker Systems Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.2%, this is a lower level of debt than the average (62.8%)
51.2% - Aker Systems Limited
62.8% - Industry AVG
AKER SYSTEMS LIMITED financials
Aker Systems Limited's latest turnover from May 2024 is £24.6 million and the company has net assets of £5.9 million. According to their latest financial statements, we estimate that Aker Systems Limited has 138 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 24,582,213 | 28,812,819 | 25,510,602 | 16,645,940 | ||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | 2,677,781 | 4,866,613 | 3,619,700 | 2,707,750 | ||||
| Interest Payable | 418 | 617 | 297 | |||||
| Interest Receivable | 752 | 8,121 | ||||||
| Pre-Tax Profit | 2,906,135 | 4,948,916 | 3,619,835 | 2,715,574 | ||||
| Tax | -27,101 | -76,468 | -510,273 | |||||
| Profit After Tax | 2,879,034 | 4,948,916 | 3,543,367 | 2,205,301 | ||||
| Dividends Paid | 7,340,000 | 550,000 | 1,038,933 | 7,544,910 | ||||
| Retained Profit | -4,460,966 | 4,398,916 | 2,504,434 | -5,339,609 | ||||
| Employee Costs | 4,295,936 | 4,209,327 | 1,790,651 | |||||
| Number Of Employees | 50 | 36 | 18 | 15 | 8 | 1 | ||
| EBITDA* | 3,409,379 | 5,224,789 | 3,655,968 | 2,710,875 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 69,022 | 125,700 | 39,465 | 439 | ||||
| Intangible Assets | 1,410,230 | 1,156,156 | 246,819 | 33,921 | ||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 81,250 | 81,250 | ||||||
| Total Fixed Assets | 1,479,252 | 1,281,856 | 286,284 | 34,360 | 81,250 | 81,250 | ||
| Stock & work in progress | 251,735 | |||||||
| Trade Debtors | 2,653,043 | 2,687,250 | 3,283,985 | 2,349,610 | 3,659,211 | 295,164 | 39,565 | |
| Group Debtors | 13,035 | 1,248,747 | ||||||
| Misc Debtors | 207,011 | 1,557,053 | 465,661 | 1,219,647 | 1,791,642 | 674,696 | ||
| Cash | 7,777,147 | 7,685,714 | 5,778,297 | 1,838,253 | 4,402,785 | 2,528,861 | 414,615 | 1 |
| misc current assets | ||||||||
| total current assets | 10,650,236 | 13,178,764 | 9,527,943 | 5,407,510 | 9,853,638 | 3,498,721 | 705,915 | 1 |
| total assets | 12,129,488 | 14,460,620 | 9,814,227 | 5,441,870 | 9,934,888 | 3,579,971 | 705,915 | 1 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 176,734 | 564,303 | 3,023,592 | 973,523 | 546,748 | 167,104 | 219,588 | |
| Group/Directors Accounts | 4,824,600 | 2,099,939 | 356 | |||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,187,975 | 1,346,076 | 829,448 | 1,562,196 | 1,852,924 | 735,976 | 90,440 | |
| total current liabilities | 6,189,309 | 4,010,318 | 3,853,040 | 2,536,075 | 2,399,672 | 903,080 | 310,028 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 27,101 | |||||||
| total long term liabilities | 27,101 | |||||||
| total liabilities | 6,216,410 | 4,010,318 | 3,853,040 | 2,536,075 | 2,399,672 | 903,080 | 310,028 | |
| net assets | 5,913,078 | 10,450,302 | 5,961,187 | 2,905,795 | 7,535,216 | 2,676,891 | 395,887 | 1 |
| total shareholders funds | 5,913,078 | 10,450,302 | 5,961,187 | 2,905,795 | 7,535,216 | 2,676,891 | 395,887 | 1 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,677,781 | 4,866,613 | 3,619,700 | 2,707,750 | ||||
| Depreciation | 56,678 | 40,482 | 3,892 | 146 | ||||
| Amortisation | 674,920 | 317,694 | 32,376 | 2,979 | ||||
| Tax | -27,101 | -76,468 | -510,273 | |||||
| Stock | -251,735 | 251,735 | ||||||
| Debtors | -2,619,961 | 1,743,404 | 180,389 | -1,962,846 | 4,480,993 | 1,011,545 | 39,565 | |
| Creditors | -387,569 | -2,459,289 | 2,050,069 | 426,775 | 379,644 | -52,484 | 219,588 | |
| Accruals and Deferred Income | -158,101 | 516,628 | -732,748 | -290,728 | 1,116,948 | 645,536 | 90,440 | |
| Deferred Taxes & Provisions | 27,101 | |||||||
| Cash flow from operations | 5,483,670 | 1,538,724 | 4,716,432 | 4,299,495 | ||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 2,724,661 | 2,099,939 | -356 | 356 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | -418 | 135 | 7,824 | |||||
| cash flow from financing | 2,648,403 | 2,189,720 | 550,737 | 718,368 | ||||
| cash and cash equivalents | ||||||||
| cash | 91,433 | 1,907,417 | 3,940,044 | -2,564,532 | 1,873,924 | 2,114,246 | 414,614 | 1 |
| overdraft | ||||||||
| change in cash | 91,433 | 1,907,417 | 3,940,044 | -2,564,532 | 1,873,924 | 2,114,246 | 414,614 | 1 |
aker systems limited Credit Report and Business Information
Aker Systems Limited Competitor Analysis
Perform a competitor analysis for aker systems limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in OX26 area or any other competitors across 12 key performance metrics.
aker systems limited Ownership
AKER SYSTEMS LIMITED group structure
Aker Systems Limited has no subsidiary companies.
Ultimate parent company
ABRY PARTNERS IX LP
#0146196
2 parents
AKER SYSTEMS LIMITED
10161344
aker systems limited directors
Aker Systems Limited currently has 2 directors. The longest serving directors include Mr Adam Crawford (Feb 2019) and Mr Darren Thomas (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Crawford | United Kingdom | 52 years | Feb 2019 | - | Director |
| Mr Darren Thomas | United Kingdom | 51 years | Jul 2020 | - | Director |
P&L
May 2024turnover
24.6m
-15%
operating profit
2.7m
-45%
gross margin
49.8%
-0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
5.9m
-0.43%
total assets
12.1m
-0.16%
cash
7.8m
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
aker systems limited company details
company number
10161344
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
CROWE U K LLP
address
25a market square, bicester, oxfordshire, OX26 6AD
Bank
-
Legal Advisor
-
aker systems 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 aker systems limited. Currently there are 1 open charges and 2 have been satisfied in the past.
aker systems 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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aker systems limited Companies House Filings - See Documents
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