CompanyTrack
T

THE ALGORITHM PEOPLE LIMITED

Active Newcastle Upon Tyne

Information technology consultancy activities

18 employees Website
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 thealgorithmpeople.co.uk
Software Vertical-specific SaaS Information technology consultancy activities
Accounts Submitted 30 Jun 2025
Confirmation Statement Submitted 29 Oct 2025
Net assets £-584.89K £2.08M 2024 year on year
Total assets £0.00 £1.63M 2024 year on year
Total Liabilities £-506.35K £639.41K 2024 year on year
Charges 2
2 outstanding

AI Analysis

AI Analysis

Analyze director networks, ownership patterns, and company connections

CompanyTrack AI can make mistakes. Check important info.

Contact & Details

Registered Address

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

Office ()

Newcastle Upon Tyne, Newcastle upon Tyne, United Kingdom, Europe

Credit Report

Discover THE ALGORITHM PEOPLE LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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

-£506.35k

Decreased by £639.41k (-481%)

Turnover

N/A

Employees

18

Debt Ratio

N/A

Decreased by 8 (-100%)

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

5 active 3 resigned
Status
Alan RobertsonDirectorBritishScotland447 May 2020Active
Colin FergusonDirectorBritishScotland5316 Oct 2018Active
Mike TownendDirectorBritishEngland6326 Aug 2021Active
Natalie Marie HughesDirectorBritishEngland4917 Mar 2022Active
Sarah FergusonDirectorBritishScotland4816 Oct 2018Active

Shareholders

Shareholders (30)

Steve Garnett
10.6%
1,99129 Oct 2025
William Cockburn
0.8%
15829 Oct 2025
Steve Beckitt
0.6%
11429 Oct 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active 2 Ceased

Enterprise Ventures (general Partner Ne Venture) Limited

United Kingdom

Active
Notified 8 Aug 2019
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent

Enterprise Ventures Limited

United Kingdom

Active
Notified 8 Aug 2019
Nature of Control
  • Significant Influence Or Control

Colin Ferguson

Ceased 8 Aug 2019

Ceased

Sarah Ferguson

Ceased 8 Aug 2019

Ceased

Group Structure

Group Structure

MERCIA REGIONAL VENTURES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors, significant influence or control
ENTERPRISE VENTURES (GENERAL PARTNER NE VENTURE) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
ENTERPRISE VENTURES GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
THE ALGORITHM PEOPLE LIMITED Current Company
MY TRANSPORT PLANNER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

Charges

2 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
12 Nov 2025OfficersTermination of Natalie Marie Hughes as director on 2025-11-10View(1 page)
29 Oct 2025Confirmation StatementConfirmation statement made on 2025-10-15 with updatesView(7 pages)
5 Aug 2025ResolutionResolutionsView(2 pages)
4 Aug 2025Change Of NameReplacement filing of SH01 - 30/04/25 Statement of Capital gbp 18.710View(4 pages)
31 Jul 2025ResolutionResolutionsView(2 pages)
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

4 Aug 2025 Change Of Name

Replacement filing of SH01 - 30/04/25 Statement of Capital gbp 18.710

31 Jul 2025 Resolution

Resolutions

Recent Activity

Latest Activity

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

3 months ago on 12 Nov 2025

Confirmation statement made on 2025-10-15 with updates

3 months ago on 29 Oct 2025

Resolutions

6 months ago on 5 Aug 2025

Replacement filing of SH01 - 30/04/25 Statement of Capital gbp 18.710

6 months ago on 4 Aug 2025

Resolutions

6 months ago on 31 Jul 2025