Akeneo Ltd

Akeneo Ltd from London UK is a small, active company founded five years ago. With 30 employees and £2,725,655 in assets, it operates from a virtual address—a point of note as sixty-four companies are registered at the same location—and is led by two directors, although no owners are officially listed. The company has a stellar 5.0 Google rating based on three reviews. It’s considered an irregular importer, primarily dealing with electrical machinery and equipment, with just one month of imports recorded as of December 2024.

The company’s website, akeneo.com, positions itself as a provider of product information management (PIM) software. They target retailers and manufacturers, helping them manage and distribute product data across multiple channels—from e-commerce sites to print catalogs. Akeneo’s PIM platform is marketed as a way to improve product data quality, accelerate time-to-market, and enhance the customer experience. It’s a software-as-a-service (SaaS) offering, meaning customers pay a subscription fee to access the software and its features.

Financially, Akeneo Ltd presents a mixed picture. While current assets remained relatively stable at £2,700,000, net assets plunged 45% to -£11,000,000. Bank borrowings increased by 19%, reaching £4,200,000, and cash reserves decreased by 30% to £660,000. Creditors also increased by 29%, reaching £5,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity decline suggests financial pressures. The company's auditors are Baker Tilly Ireland Audit Limited.

The company’s rapid growth and reliance on software subscriptions could explain the fluctuating financials. Increased investment in sales and marketing, coupled with the costs of developing and maintaining the PIM platform, may be impacting profitability. The large number of creditors suggests a need to manage payment terms effectively. The company's PIM software is a competitive market, and Akeneo Ltd must continue to innovate and differentiate itself to maintain its position.

Registered in England/Wales under the registration number 12393656, with a registered address at EC2R 8DU, United Kingdom, London, 8th Floor South, 11 Old Jewry.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.