Investments
No Investments Found in CrunchBase
Exits
No Exits Found in CrunchBase
Headquarters:
Poole
Description:
Fund Portfolio Management
Website:
http://www.AlgoRates.com

Investor Details

Update

Fund Management Firm which was one of the first to implement high frequency algorithmic trading for Wall Street Investment Banks and Hedge Funds.

** Abbreviated Credit Report Last Update: 22 October 2013**

ALGORATES PUBLIC LIMITED COMPANY (Formerly: Algo Capital Public Limited Company)

CREDIT RATING: AAA-1 (1)

YEAR STARTED: 2003

ANNUAL REVENUE (2012): 32,821,900 (UK Pounds Sterling)

LINE OF BUSINESS (SIC): Investment Management

LEGAL STRUCTURE: Public Limited Company

COMPANY OPERATIONS: Algorithmic trading and investment fund management with offices in United Kingdom, Hungary, Australia and Hong Kong.

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FINANCIAL DATA (Balance Sheet in UK Pounds Sterling for Fiscal Year 2012):

CURRENT ASSETS Assets Under Management: 414,642,900.00 Annual Revenue: 32,821,900.00 Cash & Equivalents: 18,436,000.00 Short Term Investments: 910,000.00 Receivables: 3,475,400.00 Inventories: 266,000.00 Pre-paid Expenses: 1,043,000.00

LONG TERM ASSETS:

Property and Equipment: 1,975,000.00

CURRENT LIABILITIES:

Accounts Payable: 612,000.00 Short Term Debt: 84,000.00

LONG TERM LIABILITIES:

Long-Term Debt: 880,000.00 Other Liabilities: 549,000.00 Deferred Long Term Liability Charges: 1,007,000.00 All figures rounded.

Audited by Wilson & Cohen Certified Public Accountants (CPA) – 18.04.2013.

RISK ASSESSMENT: --------------------------------------------------------------------------------

RISK OF BUSINESS FAILURE: LOW

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Credit Rating: AAA-1 (1)

Financial Strength: AAA (Very High)

Risk Indicator(1-4): 1 (Lower than average risk of business failure.)

Failure Score: 0.7 (0.7 out of 100 businesses of this nature fail.) 01% of other businesses in the United Kingdom have a lower risk of failure. --------------------------------------------------------------------------------

Main Influencing Factors for Risk Evaluation: 1. Businesses within this industry sector in the United Kingdom have a statistically low risk of failure. 2. An Auditor's report does exist. 3. Financial indicators are strong. 4. Company is more than 5 years old. 5. There are no or very few negative events registered for this business. 6. Past experience of this business is good. Legal Event Summary: LEGAL ACTIONS: 0

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No legal incidences registered for this company in official sources. --------------------------------------------------------------------------------

CLAIMS FILED BY THE ADMINISTRATION: 0 --------------------------------------------------------------------------------

No claims registered for this company in official sources. --------------------------------------------------------------------------------

OTHER AFFECTED PARTIES: Not found

Current Team (3)

Update

Offices/Locations (1)

Update
  • World Headquarters

    13 Freeland Park

    Wareham Road

    Poole, BH16 6FH

    GBR