adspace 2000 limited
adspace 2000 limited Company Information
Company Number
02860560
Website
-Registered Address
33 golden square, london, W1F 9JT
Industry
Advertising agencies
Telephone
02088033100
Next Accounts Due
4 days late
Group Structure
View All
Shareholders
clear channel uk limited 100%
adspace 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of ADSPACE 2000 LIMITED at £466.3k based on a Turnover of £608k and 0.77x industry multiple (adjusted for size and gross margin).
adspace 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of ADSPACE 2000 LIMITED at £2.6m based on an EBITDA of £584k and a 4.52x industry multiple (adjusted for size and gross margin).
adspace 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of ADSPACE 2000 LIMITED at £2.6m based on Net Assets of £1.2m and 2.18x industry multiple (adjusted for liquidity).
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Adspace 2000 Limited Overview
Adspace 2000 Limited is a live company located in london, W1F 9JT with a Companies House number of 02860560. It operates in the advertising agencies sector, SIC Code 73110. Founded in October 1993, it's largest shareholder is clear channel uk limited with a 100% stake. Adspace 2000 Limited is a mature, small sized company, Pomanda has estimated its turnover at £608k with high growth in recent years.
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Adspace 2000 Limited Health Check
Pomanda's financial health check has awarded Adspace 2000 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
2 Weak
Size
annual sales of £608k, make it smaller than the average company (£9.2m)
£608k - Adspace 2000 Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (1%)
- Adspace 2000 Limited
1% - Industry AVG
Production
with a gross margin of 82.2%, this company has a lower cost of product (46.5%)
82.2% - Adspace 2000 Limited
46.5% - Industry AVG
Profitability
an operating margin of 82.1% make it more profitable than the average company (6.5%)
82.1% - Adspace 2000 Limited
6.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (45)
- Adspace 2000 Limited
45 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has an equivalent pay structure (£63.5k)
- Adspace 2000 Limited
£63.5k - Industry AVG
Efficiency
resulting in sales per employee of £152k, this is equally as efficient (£176.2k)
- Adspace 2000 Limited
£176.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Adspace 2000 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Adspace 2000 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adspace 2000 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Adspace 2000 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (68.4%)
1.7% - Adspace 2000 Limited
68.4% - Industry AVG
ADSPACE 2000 LIMITED financials
Adspace 2000 Limited's latest turnover from December 2022 is £608 thousand and the company has net assets of £1.2 million. According to their latest financial statements, we estimate that Adspace 2000 Limited has 4 employees and maintains cash reserves of £267 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 608,000 | 971,000 | 929,300 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 108,000 | 422,000 | 503,590 | ||||||||||
| Gross Profit | 500,000 | 549,000 | 425,710 | ||||||||||
| Admin Expenses | 1,000 | 49,000 | 218,431 | ||||||||||
| Operating Profit | 499,000 | 500,000 | 207,279 | ||||||||||
| Interest Payable | 1,000 | 0 | 29,782 | ||||||||||
| Interest Receivable | 0 | 0 | 276 | ||||||||||
| Pre-Tax Profit | 495,000 | 500,000 | 177,773 | ||||||||||
| Tax | 2,000 | -23,000 | -51,519 | ||||||||||
| Profit After Tax | 497,000 | 477,000 | 126,254 | ||||||||||
| Dividends Paid | 0 | 0 | 294,000 | ||||||||||
| Retained Profit | 497,000 | 477,000 | -167,746 | ||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | 584,000 | 643,000 | 319,884 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 165,000 | 172,000 | 315,195 | 394,500 | 495,009 | 590,589 | 471,395 | 312,378 | 397,586 | 498,070 | 609,666 | 454,414 | 546,483 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 165,000 | 172,000 | 315,195 | 394,500 | 495,009 | 590,589 | 471,395 | 312,378 | 397,586 | 498,070 | 609,666 | 454,414 | 546,483 |
| Stock & work in progress | 0 | 0 | 905 | 1,360 | 7,260 | 6,721 | 5,862 | 6,721 | 7,357 | 6,619 | 5,896 | 6,379 | 6,458 |
| Trade Debtors | 0 | 0 | 39,146 | 66,201 | 83,192 | 64,911 | 116,035 | 157,504 | 142,720 | 166,004 | 117,295 | 127,936 | 80,574 |
| Group Debtors | 742,000 | 346,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 18,000 | 6,000 | 7,420 | 81,932 | 63,313 | 7,941 | 48,428 | 0 | 0 | 0 | 0 | 0 | 13,713 |
| Cash | 267,000 | 238,000 | 168,139 | 179,763 | 123,456 | 256,164 | 230,364 | 361,484 | 604,857 | 609,971 | 819,961 | 771,404 | 863,499 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,027,000 | 590,000 | 215,610 | 329,256 | 277,221 | 335,737 | 400,689 | 525,709 | 754,934 | 782,594 | 943,152 | 905,719 | 964,244 |
| total assets | 1,192,000 | 762,000 | 530,805 | 723,756 | 772,230 | 926,326 | 872,084 | 838,087 | 1,152,520 | 1,280,664 | 1,552,818 | 1,360,133 | 1,510,727 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 70,236 | 103,664 | 149,389 | 57,289 | 325,266 | 301,089 | 496,944 | 589,337 | 604,985 | 571,002 | 523,915 |
| Group/Directors Accounts | 0 | 0 | 3,128 | 252,217 | 329,722 | 461,033 | 155,202 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 65,000 | 119,770 | 94,839 | 86,628 | 115,131 | 69,146 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 65,000 | 193,134 | 450,720 | 565,739 | 633,453 | 549,614 | 301,089 | 496,944 | 589,337 | 604,985 | 571,002 | 523,915 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 20,000 | 22,000 | 44,088 | 55,950 | 68,971 | 85,922 | 66,750 | 39,188 | 47,609 | 60,833 | 74,746 | 88,755 | 108,417 |
| total long term liabilities | 20,000 | 22,000 | 44,088 | 55,950 | 68,971 | 85,922 | 66,750 | 39,188 | 47,609 | 60,833 | 74,746 | 88,755 | 108,417 |
| total liabilities | 20,000 | 87,000 | 237,222 | 506,670 | 634,710 | 719,375 | 616,364 | 340,277 | 544,553 | 650,170 | 679,731 | 659,757 | 632,332 |
| net assets | 1,172,000 | 675,000 | 293,583 | 217,086 | 137,520 | 206,951 | 255,720 | 497,810 | 607,967 | 630,494 | 873,087 | 700,376 | 878,395 |
| total shareholders funds | 1,172,000 | 675,000 | 293,583 | 217,086 | 137,520 | 206,951 | 255,720 | 497,810 | 607,967 | 630,494 | 873,087 | 700,376 | 878,395 |
| Dec 2022 | Dec 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 499,000 | 500,000 | 207,279 | ||||||||||
| Depreciation | 85,000 | 143,000 | 78,799 | 98,667 | 123,962 | 147,926 | 118,201 | 78,259 | 100,568 | 126,074 | 153,284 | 115,022 | 112,605 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 2,000 | -23,000 | -51,519 | ||||||||||
| Stock | 0 | -905 | -455 | -5,900 | 539 | 859 | -859 | -636 | 738 | 723 | -483 | -79 | 6,458 |
| Debtors | 408,000 | 305,434 | -101,567 | 1,628 | 73,653 | -91,611 | 6,959 | 14,784 | -23,284 | 48,709 | -10,641 | 33,649 | 94,287 |
| Creditors | 0 | -70,236 | -33,428 | -45,725 | 92,100 | -267,977 | 24,177 | -195,855 | -92,393 | -15,648 | 33,983 | 47,087 | 523,915 |
| Accruals and Deferred Income | -65,000 | -54,770 | 24,931 | 8,211 | -28,503 | 45,985 | 69,146 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,000 | -22,088 | -11,862 | -13,021 | -16,951 | 19,172 | 27,562 | -8,421 | -13,224 | -13,913 | -14,009 | -19,662 | 108,417 |
| Cash flow from operations | 111,000 | 168,377 | 799,952 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -3,128 | -249,089 | -77,505 | -131,311 | 305,831 | 155,202 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -1,000 | 0 | -29,506 | ||||||||||
| cash flow from financing | -1,000 | -98,711 | 1,016,635 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 29,000 | 69,861 | -11,624 | 56,307 | -132,708 | 25,800 | -131,120 | -243,373 | -5,114 | -209,990 | 48,557 | -92,095 | 863,499 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,000 | 69,861 | -11,624 | 56,307 | -132,708 | 25,800 | -131,120 | -243,373 | -5,114 | -209,990 | 48,557 | -92,095 | 863,499 |
adspace 2000 limited Credit Report and Business Information
Adspace 2000 Limited Competitor Analysis
Perform a competitor analysis for adspace 2000 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W1F area or any other competitors across 12 key performance metrics.
adspace 2000 limited Ownership
ADSPACE 2000 LIMITED group structure
Adspace 2000 Limited has no subsidiary companies.
Ultimate parent company
CLEAR CHANNEL OUTDOOR HOLDINGS INC
#0116099
2 parents
ADSPACE 2000 LIMITED
02860560
adspace 2000 limited directors
Adspace 2000 Limited currently has 2 directors. The longest serving directors include Mr William Ramage (Jan 2021) and Mrs April Smith (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Ramage | England | 53 years | Jan 2021 | - | Director |
| Mrs April Smith | England | 52 years | Apr 2023 | - | Director |
P&L
December 2022turnover
608k
-37%
operating profit
499k
0%
gross margin
82.3%
+45.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
1.2m
+0.74%
total assets
1.2m
+0.56%
cash
267k
+0.12%
net assets
Total assets minus all liabilities
Similar Companies
adspace 2000 limited company details
company number
02860560
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
incorporation date
October 1993
age
31
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
snackpax limited (March 1994)
last accounts submitted
December 2022
address
33 golden square, london, W1F 9JT
accountant
-
auditor
ERNST & YOUNG LLP
adspace 2000 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 1 charges/mortgages relating to adspace 2000 limited. Currently there are 0 open charges and 1 have been satisfied in the past.
adspace 2000 limited Companies House Filings - See Documents
| date | description | view/download |
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