locality (uk)
locality (uk) Company Information
Company Number
02787912
Website
http://locality.org.ukRegistered Address
33 corsham street, london, N1 6DR
Industry
Activities of other membership organisations n.e.c.
Telephone
03454588336
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
-0%
locality (uk) Estimated Valuation
Pomanda estimates the enterprise value of LOCALITY (UK) at £5.7m based on a Turnover of £8m and 0.71x industry multiple (adjusted for size and gross margin).
locality (uk) Estimated Valuation
Pomanda estimates the enterprise value of LOCALITY (UK) at £0 based on an EBITDA of £-225.4k and a 5.63x industry multiple (adjusted for size and gross margin).
locality (uk) Estimated Valuation
Pomanda estimates the enterprise value of LOCALITY (UK) at £14m based on Net Assets of £4.3m and 3.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Locality (uk) Overview
Locality (uk) is a live company located in london, N1 6DR with a Companies House number of 02787912. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in February 1993, it's largest shareholder is unknown. Locality (uk) is a mature, mid sized company, Pomanda has estimated its turnover at £8m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Locality (uk) Health Check
Pomanda's financial health check has awarded Locality (Uk) a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £8m, make it larger than the average company (£399.4k)
£8m - Locality (uk)
£399.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.6%)
-1% - Locality (uk)
4.6% - Industry AVG
Production
with a gross margin of 52.4%, this company has a comparable cost of product (52.4%)
52.4% - Locality (uk)
52.4% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (1.2%)
-3.6% - Locality (uk)
1.2% - Industry AVG
Employees
with 50 employees, this is above the industry average (9)
50 - Locality (uk)
9 - Industry AVG
Pay Structure
on an average salary of £55k, the company has a higher pay structure (£26k)
£55k - Locality (uk)
£26k - Industry AVG
Efficiency
resulting in sales per employee of £160.2k, this is more efficient (£58.9k)
£160.2k - Locality (uk)
£58.9k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (13 days)
34 days - Locality (uk)
13 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (32 days)
45 days - Locality (uk)
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Locality (uk)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is less cash available to meet short term requirements (226 weeks)
51 weeks - Locality (uk)
226 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.8%, this is a higher level of debt than the average (12.6%)
28.8% - Locality (uk)
12.6% - Industry AVG
LOCALITY (UK) financials
Locality (Uk)'s latest turnover from June 2023 is £8 million and the company has net assets of £4.3 million. According to their latest financial statements, Locality (Uk) has 50 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,010,000 | 7,099,000 | 7,515,000 | 8,213,000 | 6,811,000 | 6,424,000 | 4,561,000 | 8,514,000 | 12,159,000 | 10,843,000 | 8,454,000 | 5,868,000 | 4,779,000 | 5,691,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,000 | 13,000 | 13,000 | 8,000 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -247,000 | -405,000 | 346,000 | 935,000 | 138,000 | -260,000 | -247,000 | -501,000 | -168,000 | 676,000 | 749,000 | 90,000 | -39,000 | 169,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -247,000 | -405,000 | 346,000 | 935,000 | 138,000 | -260,000 | -247,000 | -501,000 | -168,000 | 676,000 | 749,000 | 90,000 | -39,000 | 169,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -247,000 | -405,000 | 346,000 | 935,000 | 138,000 | -260,000 | -247,000 | -501,000 | -168,000 | 676,000 | 749,000 | 90,000 | -39,000 | 169,000 |
| Employee Costs | 2,751,000 | 2,535,000 | 2,515,000 | 2,518,000 | 2,233,000 | 2,815,000 | 2,186,000 | 3,281,000 | 5,390,000 | 4,803,000 | 3,931,000 | 2,773,000 | 2,472,000 | 2,252,000 |
| Number Of Employees | 50 | 48 | 48 | 47 | 43 | 43 | 49 | 77 | 206 | 193 | 142 | 52 | 56 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 654,000 | 681,000 | 692,000 | 708,000 | 744,000 | 760,000 | 1,773,000 | 1,808,000 | 1,847,000 | 1,319,000 | 1,312,000 | 1,342,000 | 812,000 | 824,000 |
| Intangible Assets | 66,000 | 77,000 | 34,000 | 37,000 | 39,000 | 46,000 | 0 | 3,000 | 13,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,231,000 | 2,231,000 | 2,231,000 | 2,231,000 | 2,231,000 | 2,183,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 35,000 | 112,000 | 73,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,951,000 | 2,989,000 | 2,957,000 | 2,976,000 | 3,014,000 | 2,989,000 | 1,783,000 | 1,821,000 | 1,870,000 | 1,329,000 | 1,322,000 | 1,377,000 | 924,000 | 897,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 3,000 | 0 |
| Trade Debtors | 763,000 | 197,000 | 963,000 | 701,000 | 445,000 | 1,084,000 | 548,000 | 861,000 | 743,000 | 1,099,000 | 823,000 | 507,000 | 190,000 | 607,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 50,000 | 50,000 | 25,000 |
| Misc Debtors | 576,000 | 406,000 | 323,000 | 364,000 | 327,000 | 245,000 | 70,000 | 43,000 | 135,000 | 64,000 | 16,000 | 0 | 11,000 | 124,000 |
| Cash | 1,713,000 | 2,318,000 | 2,776,000 | 2,238,000 | 1,819,000 | 1,136,000 | 1,932,000 | 2,310,000 | 4,977,000 | 6,913,000 | 4,941,000 | 4,568,000 | 1,698,000 | 2,041,000 |
| misc current assets | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| total current assets | 3,052,000 | 2,921,000 | 4,062,000 | 3,303,000 | 2,691,000 | 2,565,000 | 2,550,000 | 3,214,000 | 5,855,000 | 8,076,000 | 5,805,000 | 5,130,000 | 1,952,000 | 2,800,000 |
| total assets | 6,003,000 | 5,910,000 | 7,019,000 | 6,279,000 | 5,705,000 | 5,554,000 | 4,333,000 | 5,035,000 | 7,725,000 | 9,405,000 | 7,127,000 | 6,507,000 | 2,876,000 | 3,697,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 480,000 | 93,000 | 669,000 | 294,000 | 656,000 | 545,000 | 570,000 | 457,000 | 1,052,000 | 908,000 | 262,000 | 3,643,000 | 1,041,000 | 631,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 490,000 | 74,000 | 75,000 | 24,000 | 0 | 23,000 | 0 | 0 | 0 | 0 | 28,000 | 0 | 0 | 16,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 758,000 | 760,000 | 863,000 | 867,000 | 865,000 | 918,000 | 513,000 | 1,081,000 | 2,675,000 | 4,834,000 | 3,277,000 | 0 | 0 | 1,198,000 |
| total current liabilities | 1,728,000 | 927,000 | 1,607,000 | 1,185,000 | 1,521,000 | 1,486,000 | 1,083,000 | 1,538,000 | 3,727,000 | 5,742,000 | 3,567,000 | 3,643,000 | 1,041,000 | 1,845,000 |
| loans | 0 | 461,000 | 485,000 | 513,000 | 0 | 560,000 | 0 | 0 | 0 | 0 | 573,000 | 601,000 | 375,000 | 393,000 |
| 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 | 538,000 | 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 | 461,000 | 485,000 | 513,000 | 538,000 | 560,000 | 0 | 0 | 0 | 0 | 573,000 | 601,000 | 375,000 | 393,000 |
| total liabilities | 1,728,000 | 1,388,000 | 2,092,000 | 1,698,000 | 2,059,000 | 2,046,000 | 1,083,000 | 1,538,000 | 3,727,000 | 5,742,000 | 4,140,000 | 4,244,000 | 1,416,000 | 2,238,000 |
| net assets | 4,275,000 | 4,522,000 | 4,927,000 | 4,581,000 | 3,646,000 | 3,508,000 | 3,250,000 | 3,497,000 | 3,998,000 | 3,663,000 | 2,987,000 | 2,263,000 | 1,460,000 | 1,459,000 |
| total shareholders funds | 4,275,000 | 4,522,000 | 4,927,000 | 4,581,000 | 3,646,000 | 3,508,000 | 3,250,000 | 3,497,000 | 3,998,000 | 3,663,000 | 2,987,000 | 2,263,000 | 1,460,000 | 1,459,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 38,000 | 39,000 | 41,000 | 42,000 | 39,000 | 42,000 | 41,000 | 39,000 | 39,000 | 32,000 | 36,000 | 23,000 | 9,000 | 9,000 |
| Amortisation | 28,000 | 20,000 | 16,000 | 11,000 | 11,000 | 2,000 | 3,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,000 | 2,000 | 3,000 | 0 |
| Debtors | 736,000 | -683,000 | 221,000 | 293,000 | -557,000 | 711,000 | -286,000 | 26,000 | -285,000 | 299,000 | 307,000 | 306,000 | -505,000 | 756,000 |
| Creditors | 387,000 | -576,000 | 375,000 | -362,000 | 111,000 | -25,000 | 113,000 | -595,000 | 144,000 | 646,000 | -3,381,000 | 2,602,000 | 410,000 | 631,000 |
| Accruals and Deferred Income | -2,000 | -103,000 | -4,000 | 2,000 | -53,000 | 405,000 | -568,000 | -1,594,000 | -2,159,000 | 1,557,000 | 3,277,000 | 0 | -1,198,000 | 1,198,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -731,000 | 1,000 | 19,000 | 6,000 | -39,000 | 0 | -489,000 | -39,000 | |
| Change in Investments | 0 | 0 | 0 | 0 | 48,000 | 2,173,000 | 0 | 0 | 0 | 0 | -25,000 | -77,000 | 39,000 | 73,000 |
| cash flow from investments | 0 | 0 | 0 | 0 | -48,000 | -2,904,000 | 1,000 | 19,000 | 6,000 | -39,000 | 25,000 | -412,000 | -78,000 | |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 416,000 | -1,000 | 51,000 | 24,000 | -23,000 | 23,000 | 0 | 0 | 0 | -28,000 | 28,000 | 0 | -16,000 | 16,000 |
| Long term loans | -461,000 | -24,000 | -28,000 | 513,000 | -560,000 | 560,000 | 0 | 0 | 0 | -573,000 | -28,000 | 226,000 | -18,000 | 393,000 |
| 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 | -538,000 | 538,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,000 | -13,000 | -13,000 | -8,000 | 0 |
| cash flow from financing | -45,000 | -25,000 | 23,000 | -1,000 | -45,000 | 1,101,000 | 0 | 0 | 503,000 | -610,000 | -38,000 | 926,000 | -2,000 | 1,699,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -605,000 | -458,000 | 538,000 | 419,000 | 683,000 | -796,000 | -378,000 | -2,667,000 | -1,936,000 | 1,972,000 | 373,000 | 2,870,000 | -343,000 | 2,041,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -605,000 | -458,000 | 538,000 | 419,000 | 683,000 | -796,000 | -378,000 | -2,667,000 | -1,936,000 | 1,972,000 | 373,000 | 2,870,000 | -343,000 | 2,041,000 |
locality (uk) Credit Report and Business Information
Locality (uk) Competitor Analysis
Perform a competitor analysis for locality (uk) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in N 1 area or any other competitors across 12 key performance metrics.
locality (uk) Ownership
LOCALITY (UK) group structure
Locality (Uk) has no subsidiary companies.
Ultimate parent company
LOCALITY (UK)
02787912
locality (uk) directors
Locality (Uk) currently has 15 directors. The longest serving directors include Mr Stephen Sayers (Nov 2017) and Mr Alexander Kittow (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Sayers | 55 years | Nov 2017 | - | Director | |
| Mr Alexander Kittow | England | 44 years | Nov 2018 | - | Director |
| Ms Alison Haskins | England | 61 years | Nov 2018 | - | Director |
| Mr Colin Crooks | England | 63 years | Nov 2019 | - | Director |
| Mr Alexis Keir | England | 60 years | Nov 2019 | - | Director |
| Mr Paul Butler | 60 years | Nov 2019 | - | Director | |
| Mr Paul Butler | England | 60 years | Nov 2019 | - | Director |
| Ms Teresa Lanning | England | 42 years | Jul 2020 | - | Director |
| Mr Adrian Ball | England | 56 years | Nov 2020 | - | Director |
| Dr Manjula Patel | England | 63 years | Nov 2021 | - | Director |
P&L
June 2023turnover
8m
+13%
operating profit
-291.4k
0%
gross margin
52.4%
-8.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
4.3m
-0.05%
total assets
6m
+0.02%
cash
1.7m
-0.26%
net assets
Total assets minus all liabilities
locality (uk) company details
company number
02787912
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
February 1993
age
31
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
development trusts association (April 2011)
last accounts submitted
June 2023
address
33 corsham street, london, N1 6DR
accountant
-
auditor
MHA
locality (uk) 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 locality (uk). Currently there are 2 open charges and 3 have been satisfied in the past.
locality (uk) Companies House Filings - See Documents
| date | description | view/download |
|---|
