airvert limited Company Information
Company Number
02769542
Next Accounts
Sep 2025
Shareholders
pang (2005) ltd
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
rema tip top holdings uk limited, westland square, leeds, west yorkshire, LS11 5XS
Website
www.airvert.co.ukairvert limited Estimated Valuation
Pomanda estimates the enterprise value of AIRVERT LIMITED at £400.5k based on a Turnover of £1.3m and 0.3x industry multiple (adjusted for size and gross margin).
airvert limited Estimated Valuation
Pomanda estimates the enterprise value of AIRVERT LIMITED at £130.5k based on an EBITDA of £36.4k and a 3.58x industry multiple (adjusted for size and gross margin).
airvert limited Estimated Valuation
Pomanda estimates the enterprise value of AIRVERT LIMITED at £0 based on Net Assets of £-4.4k and 2.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Airvert Limited Overview
Airvert Limited is a live company located in leeds, LS11 5XS with a Companies House number of 02769542. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in December 1992, it's largest shareholder is pang (2005) ltd with a 100% stake. Airvert Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with healthy growth in recent years.
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Airvert Limited Health Check
Pomanda's financial health check has awarded Airvert Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
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0 Strong
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2 Regular
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8 Weak
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Size
annual sales of £1.3m, make it smaller than the average company (£16.2m)
£1.3m - Airvert Limited
£16.2m - Industry AVG
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Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.3%)
- Airvert Limited
6.3% - Industry AVG
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Production
with a gross margin of 20.6%, this company has a higher cost of product (27.6%)
20.6% - Airvert Limited
27.6% - Industry AVG
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Profitability
an operating margin of 2.8% make it less profitable than the average company (5.1%)
2.8% - Airvert Limited
5.1% - Industry AVG
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Employees
with 4 employees, this is below the industry average (41)
- Airvert Limited
41 - Industry AVG
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Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Airvert Limited
- - Industry AVG
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Efficiency
resulting in sales per employee of £328.5k, this is equally as efficient (£378.8k)
- Airvert Limited
£378.8k - Industry AVG
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Debtor Days
it gets paid by customers after 44 days, this is near the average (52 days)
44 days - Airvert Limited
52 days - Industry AVG
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Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
0 days - Airvert Limited
32 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Airvert Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Airvert Limited
14 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 100.5%, this is a higher level of debt than the average (47.3%)
100.5% - Airvert Limited
47.3% - Industry AVG
AIRVERT LIMITED financials
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Airvert Limited's latest turnover from December 2023 is £1.3 million and the company has net assets of -£4.4 thousand. According to their latest financial statements, we estimate that Airvert Limited has 4 employees and maintains cash reserves of £63.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,313,940 | |||||||||||||
Other Income Or Grants | 0 | |||||||||||||
Cost Of Sales | 1,042,779 | |||||||||||||
Gross Profit | 271,161 | |||||||||||||
Admin Expenses | 234,730 | |||||||||||||
Operating Profit | 36,431 | |||||||||||||
Interest Payable | 773 | |||||||||||||
Interest Receivable | 0 | |||||||||||||
Pre-Tax Profit | 35,658 | |||||||||||||
Tax | -2,090 | |||||||||||||
Profit After Tax | 33,568 | |||||||||||||
Dividends Paid | 0 | |||||||||||||
Retained Profit | 33,568 | |||||||||||||
Employee Costs | 0 | |||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* | 36,431 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 624,091 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 624,091 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 252,693 |
Trade Debtors | 160,117 | 222,673 | 227,974 | 279,828 | 128,799 | 210,609 | 148,912 | 99,672 | 70,035 | 550,836 | 93,065 | 850,353 | 683,512 | 336,984 |
Group Debtors | 678,403 | 472,333 | 472,333 | 472,333 | 472,333 | 472,333 | 472,333 | 472,333 | 472,333 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 63,381 | 67,853 | 16,574 | 114,794 | 110,025 | 40,511 | 5,746 | 10,758 | 67,735 | 105,119 | 24,489 | 248,378 | 57,460 | 93,137 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 901,901 | 762,859 | 716,881 | 866,955 | 711,157 | 723,453 | 626,991 | 582,763 | 610,103 | 655,955 | 117,554 | 1,098,731 | 740,972 | 682,814 |
total assets | 901,901 | 762,859 | 716,881 | 866,955 | 711,157 | 723,453 | 626,991 | 582,763 | 610,103 | 655,955 | 741,645 | 1,098,731 | 740,972 | 682,814 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 67,631 | 46,182 | 43,665 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 16,481 | 72,581 | 29,314 | 69,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 72 | 516 | 480 | 2,040 | 553 | 480 | 73 | 480 | 0 | 684,523 | 596,067 | 944,995 | 662,109 | 600,729 |
Group/Directors Accounts | 856,066 | 736,152 | 654,905 | 825,689 | 688,770 | 727,060 | 689,267 | 674,316 | 579,999 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,408 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 50,170 | 47,685 | 55,554 | 99,781 | 46,645 | 36,488 | 24,649 | 17,159 | 15,460 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 906,308 | 800,834 | 783,520 | 956,824 | 805,598 | 831,659 | 760,171 | 735,620 | 642,867 | 684,523 | 596,067 | 944,995 | 662,109 | 600,729 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 906,308 | 800,834 | 783,520 | 956,824 | 805,598 | 831,659 | 760,171 | 735,620 | 642,867 | 684,523 | 596,067 | 944,995 | 662,109 | 600,729 |
net assets | -4,407 | -37,975 | -66,639 | -89,869 | -94,441 | -108,206 | -133,180 | -152,857 | -32,764 | -28,568 | 145,578 | 153,736 | 78,863 | 82,085 |
total shareholders funds | -4,407 | -37,975 | -66,639 | -89,869 | -94,441 | -108,206 | -133,180 | -152,857 | -32,764 | -28,568 | 145,578 | 153,736 | 78,863 | 82,085 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jul 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 36,431 | |||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -2,090 | |||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -252,693 | 252,693 |
Debtors | 143,514 | -5,301 | -51,854 | 151,029 | -81,810 | 61,697 | 49,240 | 29,637 | -8,468 | -166,320 | -133,197 | 166,841 | 346,528 | 336,984 |
Creditors | -444 | 36 | -1,560 | 1,487 | 73 | 407 | -407 | 480 | -684,523 | 88,456 | -348,928 | 282,886 | 61,380 | 600,729 |
Accruals and Deferred Income | 2,485 | -7,869 | -44,227 | 53,136 | 10,157 | 11,839 | 7,490 | 1,699 | 15,460 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -107,132 | |||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | -16,481 | -56,100 | 43,267 | -40,316 | 69,630 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 119,914 | 81,247 | -170,784 | 136,919 | -38,290 | 37,793 | 14,951 | 94,317 | 579,999 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,408 | 47,408 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -773 | |||||||||||||
cash flow from financing | 102,660 | |||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -4,472 | 51,279 | -98,220 | 4,769 | 69,514 | 34,765 | -5,012 | -56,977 | -37,384 | 80,630 | -223,889 | 190,918 | -35,677 | 93,137 |
overdraft | 0 | 0 | 0 | 0 | -67,631 | 21,449 | 2,517 | 43,665 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -4,472 | 51,279 | -98,220 | 4,769 | 137,145 | 13,316 | -7,529 | -100,642 | -37,384 | 80,630 | -223,889 | 190,918 | -35,677 | 93,137 |
airvert limited Credit Report and Business Information
Airvert Limited Competitor Analysis
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Perform a competitor analysis for airvert limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LS11 area or any other competitors across 12 key performance metrics.
airvert limited Ownership
AIRVERT LIMITED group structure
Airvert Limited has no subsidiary companies.
Ultimate parent company
REMA TIP TOP HOLDINGS LTD
#0166562
2 parents
AIRVERT LIMITED
02769542
airvert limited directors
Airvert Limited currently has 2 directors. The longest serving directors include Mr Jonathan Formon (Dec 2015) and Mr Mark Insley (Feb 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Formon | 55 years | Dec 2015 | - | Director | |
Mr Mark Insley | 65 years | Feb 2024 | - | Director |
P&L
December 2023turnover
1.3m
0%
operating profit
36.4k
0%
gross margin
20.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-4.4k
-0.88%
total assets
901.9k
+0.18%
cash
63.4k
-0.07%
net assets
Total assets minus all liabilities
airvert limited company details
company number
02769542
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
December 1992
age
33
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
bayvale limited (January 1993)
accountant
-
auditor
RSM UK AUDIT LLP
address
rema tip top holdings uk limited, westland square, leeds, west yorkshire, LS11 5XS
Bank
-
Legal Advisor
-
airvert 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 2 charges/mortgages relating to airvert limited. Currently there are 2 open charges and 0 have been satisfied in the past.
airvert 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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airvert limited Companies House Filings - See Documents
date | description | view/download |
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