algorithmic laboratories limited
algorithmic laboratories limited Company Information
Company Number
10420538
Website
divisacapital.comRegistered Address
2 london wall place, london wall place, london, EC2Y 5AU
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Iskandar Najjar5 Years
Shareholders
equiti group ltd 100%
algorithmic laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of ALGORITHMIC LABORATORIES LIMITED at £4.4m based on a Turnover of £6m and 0.73x industry multiple (adjusted for size and gross margin).
algorithmic laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of ALGORITHMIC LABORATORIES LIMITED at £0 based on an EBITDA of £-4.9k and a 4.78x industry multiple (adjusted for size and gross margin).
algorithmic laboratories limited Estimated Valuation
Pomanda estimates the enterprise value of ALGORITHMIC LABORATORIES LIMITED at £0 based on Net Assets of £-6.3m and 0.38x industry multiple (adjusted for liquidity).
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Algorithmic Laboratories Limited Overview
Algorithmic Laboratories Limited is a live company located in london, EC2Y 5AU with a Companies House number of 10420538. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 2016, it's largest shareholder is equiti group ltd with a 100% stake. Algorithmic Laboratories Limited is a young, mid sized company, Pomanda has estimated its turnover at £6m with unknown growth in recent years.
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Algorithmic Laboratories Limited Health Check
Pomanda's financial health check has awarded Algorithmic Laboratories Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £6m, make it larger than the average company (£4.2m)
- Algorithmic Laboratories Limited
£4.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Algorithmic Laboratories Limited
- - Industry AVG
Production
with a gross margin of 41.3%, this company has a higher cost of product (71.1%)
- Algorithmic Laboratories Limited
71.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.8%)
- Algorithmic Laboratories Limited
3.8% - Industry AVG
Employees
with 27 employees, this is below the industry average (37)
- Algorithmic Laboratories Limited
37 - Industry AVG
Pay Structure
on an average salary of £70.4k, the company has an equivalent pay structure (£70.4k)
- Algorithmic Laboratories Limited
£70.4k - Industry AVG
Efficiency
resulting in sales per employee of £220.6k, this is more efficient (£119.6k)
- Algorithmic Laboratories Limited
£119.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Algorithmic Laboratories Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 658 days, this is slower than average (39 days)
- Algorithmic Laboratories Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Algorithmic Laboratories Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Algorithmic Laboratories Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6301990%, this is a higher level of debt than the average (59.3%)
6301990% - Algorithmic Laboratories Limited
59.3% - Industry AVG
ALGORITHMIC LABORATORIES LIMITED financials
Algorithmic Laboratories Limited's latest turnover from December 2023 is estimated at £6 million and the company has net assets of -£6.3 million. According to their latest financial statements, we estimate that Algorithmic Laboratories Limited has 27 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 378,000 | 0 | 0 | 0 | 0 | 0 | ||
| Other Income Or Grants | 0 | |||||||
| Cost Of Sales | 0 | |||||||
| Gross Profit | 378,000 | |||||||
| Admin Expenses | 890,281 | |||||||
| Operating Profit | -512,281 | -836,940 | -1,079,737 | -1,313,833 | -1,060,278 | -273,857 | ||
| Interest Payable | 0 | 307 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 3 | 0 | ||
| Pre-Tax Profit | -512,281 | -837,247 | -1,079,737 | -1,313,833 | -1,060,275 | -273,857 | ||
| Tax | 0 | 0 | 194,883 | 202,273 | 0 | 0 | ||
| Profit After Tax | -512,281 | -837,247 | -884,854 | -1,111,560 | -1,060,275 | -273,857 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -512,281 | -837,247 | -884,854 | -1,111,560 | -1,060,275 | -273,857 | ||
| Employee Costs | 608,172 | 568,128 | 657,931 | 808,381 | 692,105 | 118,972 | ||
| Number Of Employees | 5 | 4 | 6 | 10 | 8 | 3 | ||
| EBITDA* | -478,693 | -763,240 | -1,041,334 | -1,287,756 | -1,037,461 | -267,224 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 100 | 100 | 5,922 | 7,658 | 8,820 | 29,517 | 44,721 | 62,725 |
| Intangible Assets | 0 | 0 | 29,283 | 58,549 | 88,105 | 6,569 | 12,445 | 12,625 |
| Investments & Other | 0 | 0 | 100 | 100 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 100 | 35,305 | 66,307 | 97,025 | 43,864 | 57,166 | 75,350 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 28,293 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 38,034 | 0 |
| Misc Debtors | 0 | 0 | 16,575 | 47,604 | 214,613 | 172,752 | 64,081 | 51,368 |
| Cash | 0 | 0 | 107,763 | 68,186 | 77,133 | 105,630 | 80,635 | 4,988 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 28,293 | 124,338 | 115,790 | 291,746 | 333,805 | 182,750 | 56,356 |
| total assets | 100 | 28,393 | 159,643 | 182,097 | 388,771 | 377,669 | 239,916 | 131,706 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,301,990 | 6,325,383 | 4,222 | 86 | 3,338 | 23,495 | 4,767 | 17,723 |
| Group/Directors Accounts | 0 | 0 | 5,430,047 | 4,951,931 | 4,139,244 | 3,091,249 | 1,509,942 | 366,955 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 84,589 | 77,014 | 73,347 | 29,810 | 59,338 | 20,884 |
| total current liabilities | 6,301,990 | 6,325,383 | 5,518,858 | 5,029,031 | 4,215,929 | 3,157,499 | 1,574,047 | 405,562 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,301,990 | 6,325,383 | 5,518,858 | 5,029,031 | 4,215,929 | 3,157,499 | 1,574,047 | 405,562 |
| net assets | -6,301,890 | -6,296,990 | -5,359,215 | -4,846,934 | -3,827,158 | -2,779,830 | -1,334,131 | -273,856 |
| total shareholders funds | -6,301,890 | -6,296,990 | -5,359,215 | -4,846,934 | -3,827,158 | -2,779,830 | -1,334,131 | -273,856 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -512,281 | -836,940 | -1,079,737 | -1,313,833 | -1,060,278 | -273,857 | ||
| Depreciation | 0 | 4,322 | 36,850 | 32,744 | 18,820 | 22,637 | 5,994 | |
| Amortisation | 0 | 29,266 | 36,850 | 5,659 | 7,257 | 180 | 639 | |
| Tax | 0 | 0 | 194,883 | 202,273 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,293 | 11,718 | -31,029 | -167,009 | 41,861 | 121,384 | 50,747 | 51,368 |
| Creditors | -23,393 | 6,321,161 | 4,136 | -3,252 | -20,157 | 5,772 | -12,956 | 17,723 |
| Accruals and Deferred Income | 0 | -84,589 | 7,575 | 3,667 | 43,537 | 8,926 | 38,454 | 20,884 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -435,953 | -595,816 | -864,932 | -1,192,169 | -1,062,710 | -279,985 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | -100 | 0 | 0 | 0 | 100 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -5,430,047 | 478,116 | 812,687 | 1,047,995 | 2,724,294 | 1,142,987 | 366,955 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | -307 | 0 | 0 | 3 | 0 | ||
| cash flow from financing | 478,116 | 629,851 | 885,521 | 1,329,880 | 1,142,990 | 366,956 | ||
| cash and cash equivalents | ||||||||
| cash | 0 | -107,763 | 39,577 | -8,947 | -28,497 | 100,642 | 75,647 | 4,988 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -107,763 | 39,577 | -8,947 | -28,497 | 100,642 | 75,647 | 4,988 |
algorithmic laboratories limited Credit Report and Business Information
Algorithmic Laboratories Limited Competitor Analysis
Perform a competitor analysis for algorithmic laboratories limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
algorithmic laboratories limited Ownership
ALGORITHMIC LABORATORIES LIMITED group structure
Algorithmic Laboratories Limited has no subsidiary companies.
Ultimate parent company
EQUITI GROUP LTD
#0102137
2 parents
ALGORITHMIC LABORATORIES LIMITED
10420538
algorithmic laboratories limited directors
Algorithmic Laboratories Limited currently has 1 director, Mr Iskandar Najjar serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Iskandar Najjar | England | 44 years | Jan 2019 | - | Director |
P&L
December 2023turnover
6m
+850%
operating profit
-4.9k
0%
gross margin
41.4%
-2.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-6.3m
0%
total assets
100
-1%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
algorithmic laboratories limited company details
company number
10420538
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
2 london wall place, london wall place, london, EC2Y 5AU
accountant
-
auditor
-
algorithmic laboratories 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 algorithmic laboratories limited.
algorithmic laboratories limited Companies House Filings - See Documents
| date | description | view/download |
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