areteans technology solutions uk ltd
areteans technology solutions uk ltd Company Information
Company Number
11268741
Next Accounts
Dec 2025
Shareholders
areteans technology solutions private limited
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
bankside 3, 90 - 100 southwark street, london, SE1 0SW
Website
-areteans technology solutions uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARETEANS TECHNOLOGY SOLUTIONS UK LTD at £5.6m based on a Turnover of £6.1m and 0.92x industry multiple (adjusted for size and gross margin).
areteans technology solutions uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARETEANS TECHNOLOGY SOLUTIONS UK LTD at £1.8m based on an EBITDA of £273.4k and a 6.5x industry multiple (adjusted for size and gross margin).
areteans technology solutions uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARETEANS TECHNOLOGY SOLUTIONS UK LTD at £1.3m based on Net Assets of £568.9k and 2.29x industry multiple (adjusted for liquidity).
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Areteans Technology Solutions Uk Ltd Overview
Areteans Technology Solutions Uk Ltd is a live company located in london, SE1 0SW with a Companies House number of 11268741. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 2018, it's largest shareholder is areteans technology solutions private limited with a 100% stake. Areteans Technology Solutions Uk Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.1m with high growth in recent years.
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Areteans Technology Solutions Uk Ltd Health Check
Pomanda's financial health check has awarded Areteans Technology Solutions Uk Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £6.1m, make it larger than the average company (£1.4m)
£6.1m - Areteans Technology Solutions Uk Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (9.3%)
- Areteans Technology Solutions Uk Ltd
9.3% - Industry AVG
Production
with a gross margin of 63.8%, this company has a lower cost of product (44.1%)
63.8% - Areteans Technology Solutions Uk Ltd
44.1% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (6%)
4.4% - Areteans Technology Solutions Uk Ltd
6% - Industry AVG
Employees
with 20 employees, this is above the industry average (12)
20 - Areteans Technology Solutions Uk Ltd
12 - Industry AVG
Pay Structure
on an average salary of £140.2k, the company has a higher pay structure (£59.5k)
£140.2k - Areteans Technology Solutions Uk Ltd
£59.5k - Industry AVG
Efficiency
resulting in sales per employee of £304.5k, this is more efficient (£130.1k)
£304.5k - Areteans Technology Solutions Uk Ltd
£130.1k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (62 days)
52 days - Areteans Technology Solutions Uk Ltd
62 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (28 days)
1 days - Areteans Technology Solutions Uk Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Areteans Technology Solutions Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Areteans Technology Solutions Uk Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.6%, this is a higher level of debt than the average (55.5%)
91.6% - Areteans Technology Solutions Uk Ltd
55.5% - Industry AVG
ARETEANS TECHNOLOGY SOLUTIONS UK LTD financials
Areteans Technology Solutions Uk Ltd's latest turnover from March 2024 is £6.1 million and the company has net assets of £568.9 thousand. According to their latest financial statements, Areteans Technology Solutions Uk Ltd has 20 employees and maintains cash reserves of £14.1 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 | |
|---|---|---|---|---|---|---|
| Turnover | 6,089,375 | 5,309,392 | 4,153,992 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | 2,205,200 | 1,897,403 | 2,322,979 | |||
| Gross Profit | 3,884,175 | 3,411,989 | 1,831,013 | |||
| Admin Expenses | 3,617,462 | 2,881,050 | 1,415,436 | |||
| Operating Profit | 266,713 | 530,939 | 415,577 | |||
| Interest Payable | 139,838 | 135,603 | 74,339 | |||
| Interest Receivable | 37,754 | |||||
| Pre-Tax Profit | 164,629 | 395,336 | 341,238 | |||
| Tax | -47,478 | -71,756 | -71,921 | |||
| Profit After Tax | 117,151 | 323,580 | 269,317 | |||
| Dividends Paid | 250,000 | |||||
| Retained Profit | -132,849 | 323,580 | 269,317 | |||
| Employee Costs | 2,803,873 | 2,178,336 | 2,688,209 | |||
| Number Of Employees | 20 | 20 | 24 | 15 | 2 | 2 |
| EBITDA* | 273,363 | 537,076 | 419,710 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,518 | 15,168 | 18,788 | 9,956 | ||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 8,518 | 15,168 | 18,788 | 9,956 | ||
| Stock & work in progress | ||||||
| Trade Debtors | 882,092 | 227,444 | 292,538 | 973,283 | 205,016 | 103,319 |
| Group Debtors | 5,339,135 | 2,048,390 | 2,634,104 | |||
| Misc Debtors | 518,585 | 788,917 | 475,164 | |||
| Cash | 14,097 | 768,950 | 19,445 | |||
| misc current assets | ||||||
| total current assets | 6,753,909 | 3,833,701 | 3,421,251 | 973,283 | 205,016 | 103,319 |
| total assets | 6,762,427 | 3,848,869 | 3,440,039 | 983,239 | 205,016 | 103,319 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 7,872 | 10,782 | 117,711 | 521,871 | 170,595 | 89,042 |
| Group/Directors Accounts | 3,320,041 | 1,169,319 | 419,439 | |||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 896,442 | 568,150 | 666,858 | |||
| total current liabilities | 4,224,355 | 1,748,251 | 1,204,008 | 521,871 | 170,595 | 89,042 |
| loans | 1,969,176 | 1,398,873 | 1,857,866 | |||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 352,528 | 1,650 | ||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 1,969,176 | 1,398,873 | 1,857,866 | 352,528 | 1,650 | 2,500 |
| total liabilities | 6,193,531 | 3,147,124 | 3,061,874 | 874,399 | 172,245 | 91,542 |
| net assets | 568,896 | 701,745 | 378,165 | 108,840 | 32,771 | 11,777 |
| total shareholders funds | 568,896 | 701,745 | 378,165 | 108,840 | 32,771 | 11,777 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 266,713 | 530,939 | 415,577 | |||
| Depreciation | 6,650 | 6,137 | 4,133 | |||
| Amortisation | ||||||
| Tax | -47,478 | -71,756 | -71,921 | |||
| Stock | ||||||
| Debtors | 3,675,061 | -337,055 | 2,428,523 | 768,267 | 101,697 | 103,319 |
| Creditors | -2,910 | -106,929 | -404,160 | 351,276 | 81,553 | 89,042 |
| Accruals and Deferred Income | 328,292 | -98,708 | 314,330 | 350,878 | 1,650 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -3,123,794 | 596,738 | -2,170,564 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 2,150,722 | 749,880 | 419,439 | |||
| Other Short Term Loans | ||||||
| Long term loans | 570,303 | -458,993 | 1,857,866 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -102,084 | -135,603 | -74,339 | |||
| cash flow from financing | 2,618,941 | 155,284 | 2,202,974 | |||
| cash and cash equivalents | ||||||
| cash | -754,853 | 749,505 | 19,445 | |||
| overdraft | ||||||
| change in cash | -754,853 | 749,505 | 19,445 |
areteans technology solutions uk ltd Credit Report and Business Information
Areteans Technology Solutions Uk Ltd Competitor Analysis
Perform a competitor analysis for areteans technology solutions uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
areteans technology solutions uk ltd Ownership
ARETEANS TECHNOLOGY SOLUTIONS UK LTD group structure
Areteans Technology Solutions Uk Ltd has no subsidiary companies.
Ultimate parent company
ARETEANS TECHNOLOGY SOLUTIONS UK LTD
11268741
areteans technology solutions uk ltd directors
Areteans Technology Solutions Uk Ltd currently has 5 directors. The longest serving directors include Mr Mahesh Agrawal (Mar 2018) and Mr John Wardle (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mahesh Agrawal | India | 47 years | Mar 2018 | - | Director |
| Mr John Wardle | England | 57 years | Aug 2022 | - | Director |
| Mr Michael Larson | United States | 55 years | Aug 2022 | - | Director |
| Mr John Betts | England | 54 years | Aug 2022 | - | Director |
| Mr John Betts | England | 54 years | Aug 2022 | - | Director |
P&L
March 2024turnover
6.1m
+15%
operating profit
266.7k
-50%
gross margin
63.8%
-0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
568.9k
-0.19%
total assets
6.8m
+0.76%
cash
14.1k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
areteans technology solutions uk ltd company details
company number
11268741
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
LUBBOCK FINE LLP
address
bankside 3, 90 - 100 southwark street, london, SE1 0SW
Bank
-
Legal Advisor
-
areteans technology solutions uk 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 areteans technology solutions uk ltd.
areteans technology solutions uk 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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areteans technology solutions uk ltd Companies House Filings - See Documents
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