atlantic metropolitan (u.k.) limited

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atlantic metropolitan (u.k.) limited Company Information

Share ATLANTIC METROPOLITAN (U.K.) LIMITED

Company Number

01628078

Shareholders

grainger plc

Group Structure

View All

Industry

Residents property management

 +1

Registered Address

citygate, saint james boulevard, newcastle upon tyne, NE1 4JE

atlantic metropolitan (u.k.) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ATLANTIC METROPOLITAN (U.K.) LIMITED at £0 based on a Turnover of £40k and 0x industry multiple (adjusted for size and gross margin).

atlantic metropolitan (u.k.) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ATLANTIC METROPOLITAN (U.K.) LIMITED at £0 based on an EBITDA of £40k and a 0x industry multiple (adjusted for size and gross margin).

atlantic metropolitan (u.k.) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ATLANTIC METROPOLITAN (U.K.) LIMITED at £0 based on Net Assets of £1.7b and 0x industry multiple (adjusted for liquidity).

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Atlantic Metropolitan (u.k.) Limited Overview

Atlantic Metropolitan (u.k.) Limited is a live company located in newcastle upon tyne, NE1 4JE with a Companies House number of 01628078. It operates in the residents property management sector, SIC Code 98000. Founded in April 1982, it's largest shareholder is grainger plc with a 100% stake. Atlantic Metropolitan (u.k.) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £40k with unknown growth in recent years.

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Atlantic Metropolitan (u.k.) Limited Health Check

Pomanda's financial health check has awarded Atlantic Metropolitan (U.K.) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £40k, make it smaller than the average company (£489.6k)

£40k - Atlantic Metropolitan (u.k.) Limited

£489.6k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Metropolitan (u.k.) Limited

- - Industry AVG

production

Production

with a gross margin of 100%, this company has a lower cost of product (73.4%)

100% - Atlantic Metropolitan (u.k.) Limited

73.4% - Industry AVG

profitability

Profitability

an operating margin of 100% make it more profitable than the average company (16.6%)

100% - Atlantic Metropolitan (u.k.) Limited

16.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Atlantic Metropolitan (u.k.) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)

£29.5k - Atlantic Metropolitan (u.k.) Limited

£29.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40k, this is less efficient (£122k)

£40k - Atlantic Metropolitan (u.k.) Limited

£122k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Metropolitan (u.k.) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Metropolitan (u.k.) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Metropolitan (u.k.) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Metropolitan (u.k.) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (58.4%)

0% - Atlantic Metropolitan (u.k.) Limited

58.4% - Industry AVG

ATLANTIC METROPOLITAN (U.K.) LIMITED financials

EXPORTms excel logo

Atlantic Metropolitan (U.K.) Limited's latest turnover from September 2023 is £40 thousand and the company has net assets of £1.7 billion. According to their latest financial statements, we estimate that Atlantic Metropolitan (U.K.) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover40,00040,00040,00040,00040,00040,00040,00040,0002,090,870
Other Income Or Grants
Cost Of Sales1,186,413
Gross Profit40,00040,00040,00040,00040,00040,00040,00040,000904,457
Admin Expenses-84,751,2112,858,31042,61169,812
Operating Profit40,00040,00040,00084,791,211-2,818,31040,00040,00040,000-42,611834,645
Interest Payable9,828,06712,760,817
Interest Receivable1,013,9281,815,274978,0041,073,486839,307785,360457,361
Pre-Tax Profit222,363,005109,725-76,69768,957,324-16,032,148102,185,8933,518,0041,113,4861,118,787785,36019,277,8294,536,7746,653,749834,645
Tax-8,808129,553-7,600-276,443-8,551,047-198,511-222,697-172,058-172,779-107,48011,505-233,701
Profit After Tax222,354,197239,278-84,29768,680,881-16,032,14893,634,8463,319,493890,789946,729612,58119,170,3494,548,2796,653,749600,944
Dividends Paid50,466,66541,989,22970,418,36616,100,0004,579,3854,277,749
Retained Profit222,354,197239,278-50,550,96226,691,652-16,032,14823,216,4803,319,493890,789946,729612,5813,070,349-31,1062,376,000600,944
Employee Costs29,54226,28826,96524,48320,32017,31318,837
Number Of Employees11111111111111
EBITDA*40,00040,00040,00084,791,211-2,818,31040,00040,00040,000-42,611834,645

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets
Intangible Assets
Investments & Other1,740,925,096523,392,931523,323,206523,439,995455,939,045109,910,350132,614,446132,614,446132,613,446132,613,446132,613,446128,976,47899,126,47855,927,8465,590,944
Debtors (Due After 1 year)
Total Fixed Assets1,740,925,096523,392,931523,323,206523,439,995455,939,045109,910,350132,614,446132,614,446132,613,446132,613,446132,613,446128,976,47899,126,47855,927,8465,590,944
Stock & work in progress
Trade Debtors
Group Debtors169,55378,204,82026,547,79823,284,79422,384,30921,437,52220,760,161
Misc Debtors
Cash
misc current assets
total current assets169,55378,204,82026,547,79823,284,79422,384,30921,437,52220,760,161
total assets1,740,925,096523,562,484523,323,206523,439,995455,939,045188,115,170159,162,244155,899,240154,997,755154,050,968153,373,607128,976,47899,126,47855,927,8465,590,944
Bank overdraft
Bank loan
Trade Creditors 235,03058
Group/Directors Accounts8,415288,714,1425,862,973126,527183,016172,320172,262107,482197,20297,2027472,375,544
other short term finances
hp & lease commitments
other current liabilities1,144
total current liabilities8,415235,030288,714,1425,862,973126,527183,016172,320172,262107,482197,20297,2027472,376,746
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities8,415235,030288,714,1425,862,973126,527183,016172,320172,262107,482197,20297,2027472,376,746
net assets1,740,916,681523,562,484523,323,206523,204,965167,224,903182,252,197159,035,717155,716,224154,825,435153,878,706153,266,125128,779,27699,029,27655,927,0993,214,198
total shareholders funds1,740,916,681523,562,484523,323,206523,204,965167,224,903182,252,197159,035,717155,716,224154,825,435153,878,706153,266,125128,779,27699,029,27655,927,0993,214,198
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit40,00040,00040,00084,791,211-2,818,31040,00040,00040,000-42,611834,645
Depreciation
Amortisation
Tax-8,808129,553-7,600-276,443-8,551,047-198,511-222,697-172,058-172,779-107,48011,505-233,701
Stock
Debtors-169,553169,553-78,204,82051,657,0223,263,004900,485946,787677,36120,760,161
Creditors-235,030235,030-5858
Accruals and Deferred Income-1,1441,144
Deferred Taxes & Provisions
Cash flow from operations200,745-202,63084,749,79875,386,510-60,168,069-3,421,515-1,083,182-1,118,845-850,140-20,867,641-31,106-1,202602,146
Investing Activities
capital expenditure
Change in Investments1,217,532,16569,725-116,78967,500,950346,028,695-22,704,0961,0003,636,96829,850,00043,198,63250,336,9025,590,944
cash flow from investments-1,217,532,165-69,725116,789-67,500,950-346,028,69522,704,096-1,000-3,636,968-29,850,000-43,198,632-50,336,902-5,590,944
Financing Activities
Bank loans
Group/Directors Accounts8,415-288,714,142282,851,1695,736,446-56,48910,6965864,780-89,720100,00096,455-2,374,7972,375,544
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue995,000,00050,669,203329,288,4101,004,85421,416,50029,750,00043,133,28350,336,9012,613,254
interest-9,828,067-11,746,8891,815,274978,0041,073,486839,307785,360457,361
cash flow from financing995,008,41550,669,20330,746,201272,109,1347,551,720921,5151,084,182839,365850,14021,784,14129,850,00043,229,73847,962,1044,988,798
cash and cash equivalents
cash
overdraft
change in cash

atlantic metropolitan (u.k.) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Atlantic Metropolitan (u.k.) Limited Competitor Analysis

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Perform a competitor analysis for atlantic metropolitan (u.k.) limited by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.

atlantic metropolitan (u.k.) limited directors

Atlantic Metropolitan (U.K.) Limited currently has 6 directors. The longest serving directors include Ms Helen Gordon (Dec 2015) and Mrs Eliza Pattinson (Apr 2019).

officercountryagestartendrole
Ms Helen GordonEngland65 years Dec 2015- Director
Mrs Eliza PattinsonUnited Kingdom51 years Apr 2019- Director
Mr Michael KeaveneyUnited Kingdom57 years May 2021- Director
Mr Robert HudsonUnited Kingdom51 years Nov 2021- Director
Mr Steven ClarkUnited Kingdom46 years Mar 2022- Director
Mrs Sapna FitzgeraldUnited Kingdom50 years Sep 2024- Director

P&L

September 2023

turnover

40k

0%

operating profit

40k

0%

gross margin

100%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

1.7b

+2.33%

total assets

1.7b

+2.33%

cash

0

0%

net assets

Total assets minus all liabilities

atlantic metropolitan (u.k.) limited company details

company number

01628078

Type

Private limited with Share Capital

industry

98000 - Residents property management

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

April 1982

age

43

incorporated

UK

ultimate parent company

IRG

accounts

Audit Exemption Subsidiary

last accounts submitted

September 2023

previous names

atlantic metropolitan (u.k.) plc (July 2004)

jadealbum public limited company (November 1982)

accountant

-

auditor

-

address

citygate, saint james boulevard, newcastle upon tyne, NE1 4JE

Bank

BARCLAYS BANK PLC

Legal Advisor

WOMBLE BOND DICKINSON (UK) LLP

atlantic metropolitan (u.k.) limited 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 found 5 charges/mortgages relating to atlantic metropolitan (u.k.) limited. Currently there are 1 open charges and 4 have been satisfied in the past.

atlantic metropolitan (u.k.) limited 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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atlantic metropolitan (u.k.) limited Companies House Filings - See Documents

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