THE ALGORITHM PEOPLE LIMITED

Active Newcastle Upon Tyne

Information technology consultancy activities

18 employees website.com
Software Vertical-specific SaaS Information technology consultancy activities
T

THE ALGORITHM PEOPLE LIMITED

Information technology consultancy activities

Founded 16 Oct 2018 Active Newcastle Upon Tyne, England 18 employees website.com
Software Vertical-specific SaaS Information technology consultancy activities
Accounts Submitted 13 Apr 2026 Next due 30 Jun 2026 2 months remaining
Confirmation Submitted 29 Oct 2025 Next due 29 Oct 2026 6 months remaining
Net assets £-585K £2M 2024 year on year
Total assets £885K £747K 2024 year on year
Total Liabilities £1M £1M 2024 year on year
Charges 2
2 outstanding

Contact & Details

Contact

Registered Address

The Core Bath Lane Newcastle Helix Newcastle Upon Tyne NE4 5TF England

Email

info@example.com

Website

www.example.com

Full company profile for THE ALGORITHM PEOPLE LIMITED (11625074), an active software company based in Newcastle Upon Tyne, England. Incorporated 16 Oct 2018. Information technology consultancy activities. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2019–2024)

Cash in Bank

£430.87k

Decreased by £40.49k (-9%)

Net Assets

-£584.89k

Decreased by £2.08M (-139%)

Total Liabilities

£1.47M

Increased by £1.34M (+1005%)

Turnover

N/A

Employees

18

Increased by 2 (+13%)

Debt Ratio

166%

Increased by 158 (+1975%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

14 Allotments 18,290 Shares £9.98m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Apr 20251,259£1.08m£855.43
30 Apr 20251,259£1.08m£855.43
30 Apr 20251,259£1.08m£855.43
30 Apr 20251,259£1.08m£855.43
30 Apr 20251,259£1.08m£855.43

Officers

Officers

3 active
Status
Alan RobertsonDirectorBritishScotland447 May 2020Active
Colin FergusonDirectorBritishScotland5316 Oct 2018Active
Mike TownendDirectorBritishEngland6326 Aug 2021Active

Shareholders

Shareholders (30)

Enterprise Ventures (general Partner Ne Venture) Limited As General Partner Of The North East (erdf) Venture Capital Limited Partnership
12.2%
2,274
Steve Garnett
10.6%
1,991

Persons with Significant Control

Persons with Significant Control (2)

2 Active 2 Ceased
Notified 8 Aug 2019
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent
Active
Notified 8 Aug 2019
Nature of Control
  • Significant Influence Or Control

Sarah Ferguson

Ceased 8 Aug 2019

Ceased

Colin Ferguson

Ceased 8 Aug 2019

Ceased

Group Structure

Group Structure

THE ALGORITHM PEOPLE LIMITED Current Company

Charges

Charges

2 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
13 Apr 2026AccountsAnnual accounts made up to 2025-09-30
11 Feb 2026OfficersAppointment of Mr Mark Whelan as director on 2026-02-11
12 Nov 2025OfficersTermination of Natalie Marie Hughes as director on 2025-11-10
29 Oct 2025Confirmation StatementConfirmation statement made on 2025-10-15 with updates
5 Aug 2025ResolutionResolutions
13 Apr 2026 Accounts

Annual accounts made up to 2025-09-30

11 Feb 2026 Officers

Appointment of Mr Mark Whelan as director on 2026-02-11

12 Nov 2025 Officers

Termination of Natalie Marie Hughes as director on 2025-11-10

29 Oct 2025 Confirmation Statement

Confirmation statement made on 2025-10-15 with updates

5 Aug 2025 Resolution

Resolutions

Recent Activity

Latest Activity

Annual accounts made up to 2025-09-30

1 weeks ago on 13 Apr 2026

Appointment of Mr Mark Whelan as director on 2026-02-11

2 months ago on 11 Feb 2026

Termination of Natalie Marie Hughes as director on 2025-11-10

5 months ago on 12 Nov 2025

Confirmation statement made on 2025-10-15 with updates

5 months ago on 29 Oct 2025

Resolutions

8 months ago on 5 Aug 2025