tessaract technologies uk ltd
tessaract technologies uk ltd Company Information
Company Number
14067108
Next Accounts
Sep 2025
Industry
Business and domestic software development
Shareholders
interstellar group pte. ltd
Group Structure
View All
Contact
Registered Address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
Website
-tessaract technologies uk ltd Estimated Valuation
Pomanda estimates the enterprise value of TESSARACT TECHNOLOGIES UK LTD at £244k based on a Turnover of £315.2k and 0.77x industry multiple (adjusted for size and gross margin).
tessaract technologies uk ltd Estimated Valuation
Pomanda estimates the enterprise value of TESSARACT TECHNOLOGIES UK LTD at £0 based on an EBITDA of £-820.6k and a 5.16x industry multiple (adjusted for size and gross margin).
tessaract technologies uk ltd Estimated Valuation
Pomanda estimates the enterprise value of TESSARACT TECHNOLOGIES UK LTD at £0 based on Net Assets of £-976.4k and 2.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tessaract Technologies Uk Ltd Overview
Tessaract Technologies Uk Ltd is a live company located in cheshire, WA14 2DT with a Companies House number of 14067108. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2022, it's largest shareholder is interstellar group pte. ltd with a 100% stake. Tessaract Technologies Uk Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £315.2k with unknown growth in recent years.
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Tessaract Technologies Uk Ltd Health Check
Pomanda's financial health check has awarded Tessaract Technologies Uk Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £315.2k, make it smaller than the average company (£4.5m)
- Tessaract Technologies Uk Ltd
£4.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tessaract Technologies Uk Ltd
- - Industry AVG
Production
with a gross margin of 72.4%, this company has a comparable cost of product (72.4%)
- Tessaract Technologies Uk Ltd
72.4% - Industry AVG
Profitability
an operating margin of -261.1% make it less profitable than the average company (3.6%)
- Tessaract Technologies Uk Ltd
3.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (41)
3 - Tessaract Technologies Uk Ltd
41 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has an equivalent pay structure (£72.8k)
- Tessaract Technologies Uk Ltd
£72.8k - Industry AVG
Efficiency
resulting in sales per employee of £105.1k, this is equally as efficient (£121.7k)
- Tessaract Technologies Uk Ltd
£121.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tessaract Technologies Uk Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 124 days, this is slower than average (39 days)
- Tessaract Technologies Uk Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tessaract Technologies Uk Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
1 weeks - Tessaract Technologies Uk Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2235.2%, this is a higher level of debt than the average (61.7%)
2235.2% - Tessaract Technologies Uk Ltd
61.7% - Industry AVG
TESSARACT TECHNOLOGIES UK LTD financials
Tessaract Technologies Uk Ltd's latest turnover from December 2023 is estimated at £315.2 thousand and the company has net assets of -£976.4 thousand. According to their latest financial statements, Tessaract Technologies Uk Ltd has 3 employees and maintains cash reserves of £35.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 4,312 | 4,956 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 4,312 | 4,956 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 97,483 |
| Misc Debtors | 6,172 | 12,865 |
| Cash | 35,247 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 41,419 | 110,348 |
| total assets | 45,731 | 115,304 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 29,806 | 0 |
| Group/Directors Accounts | 925,476 | 266,562 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 66,875 | 3,093 |
| total current liabilities | 1,022,157 | 269,655 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 1,022,157 | 269,655 |
| net assets | -976,426 | -154,351 |
| total shareholders funds | -976,426 | -154,351 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 2,355 | 398 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | -104,176 | 110,348 |
| Creditors | 29,806 | 0 |
| Accruals and Deferred Income | 63,782 | 3,093 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 658,914 | 266,562 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 35,247 | 0 |
| overdraft | 0 | 0 |
| change in cash | 35,247 | 0 |
tessaract technologies uk ltd Credit Report and Business Information
Tessaract Technologies Uk Ltd Competitor Analysis
Perform a competitor analysis for tessaract technologies uk ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
tessaract technologies uk ltd Ownership
TESSARACT TECHNOLOGIES UK LTD group structure
Tessaract Technologies Uk Ltd has no subsidiary companies.
Ultimate parent company
TESSARACT TECHNOLOGIES UK LTD
14067108
tessaract technologies uk ltd directors
Tessaract Technologies Uk Ltd currently has 3 directors. The longest serving directors include Xiujun Tan (Apr 2022) and Huan Lim (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Xiujun Tan | Singapore | 39 years | Apr 2022 | - | Director |
| Huan Lim | Singapore | 45 years | Apr 2022 | - | Director |
| Mr Michael Hinchliffe | England | 50 years | Nov 2024 | - | Director |
P&L
December 2023turnover
315.2k
-8%
operating profit
-823k
0%
gross margin
72.4%
+0.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-976.4k
+5.33%
total assets
45.7k
-0.6%
cash
35.2k
0%
net assets
Total assets minus all liabilities
Similar Companies
tessaract technologies uk ltd company details
company number
14067108
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2022
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
Bank
-
Legal Advisor
-
tessaract technologies 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 tessaract technologies uk ltd.
tessaract technologies uk ltd Companies House Filings - See Documents
| date | description | view/download |
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