Pomanda estimates the enterprise value of ACCELERAYT LTD at £70.9k based on a Turnover of £93.2k and 0.76x industry multiple (adjusted for size and gross margin).
accelerayt ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ACCELERAYT LTD at £0 based on an EBITDA of £-8.5k and a 4.95x industry multiple (adjusted for size and gross margin).
accelerayt ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ACCELERAYT LTD at £0 based on Net Assets of £-8.5k and 2.33x industry multiple (adjusted for liquidity).
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Accelerayt LtdOverview
Accelerayt Ltd is a live company located in london, EC1V 2NX with a Companies House number of 14666150. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 2023, it's largest shareholder is
dominic llewellyn
with a 67.5% stake. Accelerayt Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£93.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Accelerayt Ltd 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
Health Rating1.5out of 5
1 Strong
3 Regular
6 Weak
Size
annual sales of £93.2k, make it smaller than the average company (£2.5m)
£93.2k - Accelerayt Ltd
£2.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Accelerayt Ltd
- - Industry AVG
Production
with a gross margin of 59.4%, this company has a comparable cost of product (59.4%)
59.4% - Accelerayt Ltd
59.4% - Industry AVG
Profitability
an operating margin of -9.2% make it less profitable than the average company (5.1%)
-9.2% - Accelerayt Ltd
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
1 - Accelerayt Ltd
22 - Industry AVG
Pay Structure
on an average salary of £63.7k, the company has an equivalent pay structure (£63.7k)
£63.7k - Accelerayt Ltd
£63.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.2k, this is less efficient (£124.9k)
£93.2k - Accelerayt Ltd
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is near the average (60 days)
52 days - Accelerayt Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (33 days)
51 days - Accelerayt Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Accelerayt Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Accelerayt Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 151%, this is a higher level of debt than the average (57.7%)
151% - Accelerayt Ltd
57.7% - Industry AVG
ACCELERAYT LTD financials
EXPORT
Accelerayt Ltd's latest turnover from February 2024 is estimated at £93.2 thousand and the company has net assets of -£8.5 thousand. According to their latest financial statements, Accelerayt Ltd has 1 employee and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Turnover
93,228
Other Income Or Grants
Cost Of Sales
37,896
Gross Profit
55,331
Admin Expenses
63,928
Operating Profit
-8,597
Interest Payable
Interest Receivable
55
Pre-Tax Profit
-8,542
Tax
Profit After Tax
-8,542
Dividends Paid
Retained Profit
-8,542
Employee Costs
63,694
Number Of Employees
1
EBITDA*
-8,538
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Tangible Assets
886
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
886
Stock & work in progress
Trade Debtors
13,440
Group Debtors
Misc Debtors
323
Cash
2,102
misc current assets
total current assets
15,865
total assets
16,751
Bank overdraft
Bank loan
Trade Creditors
5,372
Group/Directors Accounts
15,311
other short term finances
hp & lease commitments
other current liabilities
4,609
total current liabilities
25,292
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
25,292
net assets
-8,541
total shareholders funds
-8,541
Feb 2024
Operating Activities
Operating Profit
-8,597
Depreciation
59
Amortisation
Tax
Stock
Debtors
13,763
Creditors
5,372
Accruals and Deferred Income
4,609
Deferred Taxes & Provisions
Cash flow from operations
-12,320
Investing Activities
capital expenditure
-945
Change in Investments
cash flow from investments
-945
Financing Activities
Bank loans
Group/Directors Accounts
15,311
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
55
cash flow from financing
15,367
cash and cash equivalents
cash
2,102
overdraft
change in cash
2,102
accelerayt ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for accelerayt ltd. Get real-time insights into accelerayt ltd's credit score, group structure and payment trends.
Perform a competitor analysis for accelerayt ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
accelerayt ltd Ownership
ACCELERAYT LTD group structure
Accelerayt Ltd has no subsidiary companies.
Ultimate parent company
ACCELERAYT LTD
14666150
ACCELERAYT LTD Shareholders
The largest shareholders in Accelerayt Ltd include Dominic Llewellyn and Gideon Boateng.
dominic llewellyn
67.5%
gideon boateng
22.5%
nehamiah attigah
10%
accelerayt ltd directors
Accelerayt Ltd currently has 1 director, Mr Dominic Llewellyn serving since Feb 2023.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024
net assets
-8.5k
0%
total assets
16.8k
0%
cash
2.1k
0%
net assets
Total assets minus all liabilities
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accelerayt ltd company details
company number
14666150
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
62020 - Computer consultancy activities
incorporation date
February 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
MDG BUSINESS ASSOCIATES LIMITED
auditor
-
address
124-128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
accelerayt 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 accelerayt ltd.
accelerayt 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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accelerayt ltdCompanies House Filings - See Documents
