atlantic communications corporation limited

atlantic communications corporation limited Company Information

Share ATLANTIC COMMUNICATIONS CORPORATION LIMITED
Live (In Liquidation)
MatureSmallRapid

Company Number

02883445

Industry

Wired telecommunications activities

 

Directors

-

Shareholders

john stevens

Group Structure

View All

Contact

Registered Address

10 fleet place, london, EC4M 7QS

atlantic communications corporation limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of ATLANTIC COMMUNICATIONS CORPORATION LIMITED at £2.3m based on a Turnover of £3.2m and 0.73x industry multiple (adjusted for size and gross margin).

atlantic communications corporation limited Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of ATLANTIC COMMUNICATIONS CORPORATION LIMITED at £2.8m based on an EBITDA of £1m and a 2.72x industry multiple (adjusted for size and gross margin).

atlantic communications corporation limited Estimated Valuation

£2.7m

Pomanda estimates the enterprise value of ATLANTIC COMMUNICATIONS CORPORATION LIMITED at £2.7m based on Net Assets of £1m and 2.67x industry multiple (adjusted for liquidity).

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Atlantic Communications Corporation Limited Overview

Atlantic Communications Corporation Limited is a live company located in london, EC4M 7QS with a Companies House number of 02883445. It operates in the wired telecommunications activities sector, SIC Code 61100. Founded in December 1993, it's largest shareholder is john stevens with a 100% stake. Atlantic Communications Corporation Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.

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Atlantic Communications Corporation Limited Health Check

Pomanda's financial health check has awarded Atlantic Communications Corporation Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £3.2m, make it in line with the average company (£3.9m)

£3.2m - Atlantic Communications Corporation Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 217%, show it is growing at a faster rate (7.5%)

217% - Atlantic Communications Corporation Limited

7.5% - Industry AVG

production

Production

with a gross margin of 25.5%, this company has a higher cost of product (41%)

25.5% - Atlantic Communications Corporation Limited

41% - Industry AVG

profitability

Profitability

an operating margin of 30.5% make it more profitable than the average company (8.2%)

30.5% - Atlantic Communications Corporation Limited

8.2% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (64)

10 - Atlantic Communications Corporation Limited

64 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)

£41.6k - Atlantic Communications Corporation Limited

£41.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £320.6k, this is more efficient (£187.5k)

£320.6k - Atlantic Communications Corporation Limited

£187.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 90 days, this is later than average (42 days)

90 days - Atlantic Communications Corporation Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 114 days, this is slower than average (45 days)

114 days - Atlantic Communications Corporation Limited

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Atlantic Communications Corporation Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (11 weeks)

55 weeks - Atlantic Communications Corporation Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (71.7%)

43.8% - Atlantic Communications Corporation Limited

71.7% - Industry AVG

ATLANTIC COMMUNICATIONS CORPORATION LIMITED financials

EXPORTms excel logo

Atlantic Communications Corporation Limited's latest turnover from March 2016 is estimated at £3.2 million and the company has net assets of £1 million. According to their latest financial statements, we estimate that Atlantic Communications Corporation Limited has 10 employees and maintains cash reserves of £796.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2016Mar 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,206,4834,290,050101,0203,209000
Other Income Or Grants0000000
Cost Of Sales2,389,5983,354,88578,6182,538000
Gross Profit816,885935,16522,403671000
Admin Expenses-160,897667,10061,171-1,760000
Operating Profit977,782268,065-38,7682,431000
Interest Payable0000000
Interest Receivable4,9692,978174000
Pre-Tax Profit982,751271,043-38,7512,434000
Tax-196,550-56,9190-584000
Profit After Tax786,201214,124-38,7511,850000
Dividends Paid0000000
Retained Profit786,201214,124-38,7511,850000
Employee Costs416,177476,79339,13137,302000
Number Of Employees101211000
EBITDA*1,040,626292,444-21,1143,094000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2016Mar 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets188,533250,44852,9641,989000
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets188,533250,44852,9641,989000
Stock & work in progress0000000
Trade Debtors795,125692,6990320000
Group Debtors0000000
Misc Debtors0000000
Cash796,4061,191,2685,5211,432000
misc current assets00133167000
total current assets1,591,5311,883,9675,6541,919000
total assets1,780,0642,134,41558,6183,908000
Bank overdraft0000000
Bank loan0000000
Trade Creditors 752,8141,883,34934,0862,057000
Group/Directors Accounts0061,4320000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities752,8141,883,34995,5182,057000
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities036,94000000
provisions26,923000000
total long term liabilities26,92336,94000000
total liabilities779,7371,920,28995,5182,057000
net assets1,000,327214,126-36,9001,851000
total shareholders funds1,000,327214,126-36,9001,851000
Mar 2016Mar 2015Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit977,782268,065-38,7682,431000
Depreciation62,84424,37917,654663000
Amortisation0000000
Tax-196,550-56,9190-584000
Stock0000000
Debtors102,426692,699-320320000
Creditors-1,130,5351,883,34932,0292,057000
Accruals and Deferred Income0000000
Deferred Taxes & Provisions26,923000000
Cash flow from operations-361,9621,426,17511,2354,247000
Investing Activities
capital expenditure-929-274,827-68,629-2,652000
Change in Investments0000000
cash flow from investments-929-274,827-68,629-2,652000
Financing Activities
Bank loans0000000
Group/Directors Accounts0061,4320000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities-36,94036,94000000
share issue0201000
interest4,9692,978174000
cash flow from financing-31,97139,92061,4495000
cash and cash equivalents
cash-394,8621,191,2684,0891,432000
overdraft0000000
change in cash-394,8621,191,2684,0891,432000

atlantic communications corporation 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 Communications Corporation Limited Competitor Analysis

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Perform a competitor analysis for atlantic communications corporation limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC4M area or any other competitors across 12 key performance metrics.

atlantic communications corporation limited Ownership

ATLANTIC COMMUNICATIONS CORPORATION LIMITED group structure

Atlantic Communications Corporation Limited has no subsidiary companies.

Ultimate parent company

ATLANTIC COMMUNICATIONS CORPORATION LIMITED

02883445

ATLANTIC COMMUNICATIONS CORPORATION LIMITED Shareholders

john stevens 100%

atlantic communications corporation limited directors

Atlantic Communications Corporation Limited currently has 1 director, undefined undefined serving since - .

officercountryagestartendrole

P&L

March 2016

turnover

3.2m

-25%

operating profit

977.8k

0%

gross margin

25.5%

+16.87%

turnover

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

Balance Sheet

March 2016

net assets

1m

+3.67%

total assets

1.8m

-0.17%

cash

796.4k

-0.33%

net assets

Total assets minus all liabilities

atlantic communications corporation limited company details

company number

02883445

Type

Private limited with Share Capital

industry

61100 - Wired telecommunications activities

incorporation date

December 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

March 2016

previous names

campbell software limited (January 2008)

accountant

-

auditor

-

address

10 fleet place, london, EC4M 7QS

Bank

-

Legal Advisor

-

atlantic communications corporation 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 did not find charges/mortgages relating to atlantic communications corporation limited.

atlantic communications corporation 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 communications corporation limited Companies House Filings - See Documents

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