artic building services limited
artic building services limited Company Information
Company Number
03529819
Registered Address
16-17 schooner court, crossways business park, dartford, kent, DA2 6NW
Industry
Electrical installation
Plumbing, heat and air-conditioning installation
Telephone
03453082300
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
amb newco 03 ltd 100%
artic building services limited Estimated Valuation
Pomanda estimates the enterprise value of ARTIC BUILDING SERVICES LIMITED at £25.3m based on a Turnover of £39.9m and 0.63x industry multiple (adjusted for size and gross margin).
artic building services limited Estimated Valuation
Pomanda estimates the enterprise value of ARTIC BUILDING SERVICES LIMITED at £26.8m based on an EBITDA of £3.8m and a 7.01x industry multiple (adjusted for size and gross margin).
artic building services limited Estimated Valuation
Pomanda estimates the enterprise value of ARTIC BUILDING SERVICES LIMITED at £16.8m based on Net Assets of £5.7m and 2.95x industry multiple (adjusted for liquidity).
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Artic Building Services Limited Overview
Artic Building Services Limited is a live company located in dartford, DA2 6NW with a Companies House number of 03529819. It operates in the electrical installation sector, SIC Code 43210. Founded in March 1998, it's largest shareholder is amb newco 03 ltd with a 100% stake. Artic Building Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £39.9m with high growth in recent years.
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Artic Building Services Limited Health Check
Pomanda's financial health check has awarded Artic Building Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £39.9m, make it larger than the average company (£3.5m)
£39.9m - Artic Building Services Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 25%, show it is growing at a faster rate (6.1%)
25% - Artic Building Services Limited
6.1% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (23.5%)
17.5% - Artic Building Services Limited
23.5% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (5.2%)
9.4% - Artic Building Services Limited
5.2% - Industry AVG
Employees
with 207 employees, this is above the industry average (66)
207 - Artic Building Services Limited
66 - Industry AVG
Pay Structure
on an average salary of £55.3k, the company has a higher pay structure (£35k)
£55.3k - Artic Building Services Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £192.6k, this is more efficient (£110.1k)
£192.6k - Artic Building Services Limited
£110.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (50 days)
51 days - Artic Building Services Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (38 days)
39 days - Artic Building Services Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Artic Building Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (21 weeks)
29 weeks - Artic Building Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a similar level of debt than the average (66.2%)
65.6% - Artic Building Services Limited
66.2% - Industry AVG
artic building services limited Credit Report and Business Information
Artic Building Services Limited Competitor Analysis
Perform a competitor analysis for artic building services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
artic building services limited Ownership
ARTIC BUILDING SERVICES LIMITED group structure
Artic Building Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
ARTIC BUILDING SERVICES LIMITED
03529819
artic building services limited directors
Artic Building Services Limited currently has 4 directors. The longest serving directors include Mr Jonathan Coiley (Jul 2023) and Mr Colin Trowell (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Coiley | England | 52 years | Jul 2023 | - | Director |
| Mr Colin Trowell | England | 49 years | Jul 2023 | - | Director |
| Miss Paula Miller | England | 52 years | Jul 2023 | - | Director |
| Mr Paul Lucas | England | 47 years | Jul 2023 | - | Director |
ARTIC BUILDING SERVICES LIMITED financials
Artic Building Services Limited's latest turnover from June 2023 is £39.9 million and the company has net assets of £5.7 million. According to their latest financial statements, Artic Building Services Limited has 207 employees and maintains cash reserves of £5.2 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 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,860,303 | 29,450,508 | 22,310,647 | 20,575,199 | 20,503,683 | 18,048,073 | 14,745,064 | 12,474,597 | 18,580,605 | 16,457,974 | 15,341,311 | 14,013,169 | 12,329,515 | 10,609,109 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 32,868,209 | 24,537,556 | 18,693,719 | 16,922,024 | 16,937,928 | 14,949,199 | 12,424,621 | 9,937,440 | 16,329,258 | 10,772,730 | ||||
| Gross Profit | 6,992,094 | 4,912,952 | 3,616,928 | 3,653,175 | 3,565,755 | 3,098,874 | 2,320,443 | 2,537,157 | 2,251,347 | 3,240,439 | ||||
| Admin Expenses | 3,239,456 | 2,067,805 | 1,325,768 | 1,762,615 | 1,550,519 | 1,520,854 | 847,525 | 1,860,268 | 2,136,231 | 2,070,542 | ||||
| Operating Profit | 3,752,638 | 2,845,147 | 2,291,160 | 1,890,560 | 2,015,236 | 1,578,020 | 1,472,918 | 676,889 | 115,116 | 157,739 | 583,170 | 1,169,897 | 1,235,672 | 1,368,083 |
| Interest Payable | 76,071 | 254 | 3,397 | 224 | 4,410 | 38,455 | 37,940 | 39,875 | 50,185 | 41,884 | 3,023 | 207 | 0 | 0 |
| Interest Receivable | 12,461 | 307 | 150 | 8,364 | 4,863 | 853 | 0 | 58 | 336 | 83 | 593 | 3,769 | 1,259 | 0 |
| Pre-Tax Profit | 3,689,028 | 2,845,200 | 2,287,913 | 1,898,700 | 2,015,689 | 1,540,418 | 1,434,978 | 637,072 | 65,267 | 115,938 | 580,740 | 1,173,459 | 1,236,931 | 1,368,083 |
| Tax | -848,396 | -553,859 | -432,434 | -372,153 | -389,746 | -305,497 | -269,436 | -129,724 | -19,455 | -2,013 | -143,826 | -320,415 | -341,871 | -397,979 |
| Profit After Tax | 2,840,632 | 2,291,341 | 1,855,479 | 1,526,547 | 1,625,943 | 1,234,921 | 1,165,542 | 507,348 | 45,812 | 113,925 | 436,914 | 853,044 | 895,060 | 970,104 |
| Dividends Paid | 354,314 | 2,116,358 | 2,006,139 | 1,576,516 | 681,481 | 329,448 | 391,020 | 478,961 | 516,280 | 555,033 | 318,240 | 171,436 | 799,184 | 651,950 |
| Retained Profit | 2,486,318 | 174,983 | -150,660 | -49,969 | 944,462 | 905,473 | 774,522 | 28,387 | -470,468 | -441,108 | 118,674 | 681,608 | 95,876 | 318,154 |
| Employee Costs | 11,443,365 | 9,211,264 | 7,681,251 | 7,202,615 | 5,897,957 | 5,078,664 | 4,291,669 | 635,664 | 4,703,157 | 3,972,703 | 4,011,992 | 3,897,235 | 3,957,538 | 3,195,833 |
| Number Of Employees | 207 | 182 | 154 | 148 | 128 | 109 | 98 | 92 | 98 | 99 | 96 | 99 | 96 | 93 |
| EBITDA* | 3,827,446 | 2,920,812 | 2,366,456 | 1,957,016 | 2,061,727 | 1,625,913 | 1,539,335 | 775,906 | 219,130 | 271,737 | 652,556 | 1,210,002 | 1,282,191 | 1,412,617 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 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 | 2,813,972 | 2,810,036 | 2,825,725 | 2,337,801 | 2,291,314 | 2,293,253 | 2,303,903 | 1,796,789 | 1,821,177 | 1,860,523 | 1,297,850 | 116,885 | 136,983 | 133,601 |
| 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 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,813,972 | 2,810,036 | 2,825,725 | 2,337,801 | 2,291,314 | 2,293,253 | 2,303,903 | 1,796,789 | 1,821,177 | 1,860,523 | 1,297,850 | 116,885 | 136,983 | 133,601 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,622,921 | 4,446,131 | 2,910,602 | 2,218,168 | 2,586,554 | 3,207,857 | 2,474,678 | 1,875,264 | 2,074,834 | 2,507,831 | 1,832,016 | 1,962,101 | 1,607,999 | 1,337,451 |
| Group Debtors | 1,143,205 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,525 | 0 | 0 |
| Misc Debtors | 1,831,024 | 622,445 | 242,351 | 184,664 | 278,299 | 283,712 | 292,377 | 280,533 | 241,141 | 549,777 | 916,435 | 147,328 | 103,966 | 98,533 |
| Cash | 5,192,947 | 3,102,090 | 2,960,585 | 3,492,585 | 3,508,346 | 2,635,706 | 1,726,332 | 644,521 | 728,031 | 326,914 | 616,360 | 1,552,931 | 1,304,891 | 1,307,861 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,790,097 | 8,170,666 | 6,113,538 | 5,895,417 | 6,373,199 | 6,127,275 | 4,493,387 | 2,800,318 | 3,044,006 | 3,384,522 | 3,364,811 | 3,716,885 | 3,016,856 | 2,743,845 |
| total assets | 16,604,069 | 10,980,702 | 8,939,263 | 8,233,218 | 8,664,513 | 8,420,528 | 6,797,290 | 4,597,107 | 4,865,183 | 5,245,045 | 4,662,661 | 3,833,770 | 3,153,839 | 2,877,446 |
| Bank overdraft | 48,975 | 0 | 0 | 0 | 0 | 55,033 | 52,312 | 49,590 | 46,868 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,450 | 31,874 | 0 | 0 | 0 |
| Trade Creditors | 3,539,898 | 2,860,497 | 1,893,881 | 1,253,786 | 1,886,341 | 1,954,143 | 2,376,997 | 1,487,419 | 1,444,734 | 2,064,401 | 1,774,504 | 1,680,112 | 1,629,905 | 1,220,043 |
| Group/Directors Accounts | 0 | 448,123 | 466,569 | 442,663 | 412,645 | 18,436 | 101,273 | 227,729 | 595,316 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 18,990 | 19,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,451,683 | 4,155,509 | 3,214,966 | 3,166,980 | 2,957,814 | 2,877,399 | 1,606,416 | 982,394 | 900,808 | 720,129 | 334,863 | 713,869 | 765,753 | 995,098 |
| total current liabilities | 9,040,556 | 7,483,119 | 5,594,416 | 4,863,429 | 5,256,800 | 4,905,011 | 4,136,998 | 2,747,132 | 2,987,726 | 2,830,980 | 2,141,241 | 2,393,981 | 2,395,658 | 2,215,141 |
| loans | 1,509,406 | 0 | 0 | 0 | 0 | 1,054,447 | 1,113,876 | 1,172,655 | 1,230,505 | 1,296,710 | 962,957 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 15,844 | 34,834 | 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 | 347,588 | 261,538 | 264,795 | 173,911 | 161,866 | 159,685 | 150,504 | 55,930 | 53,949 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,856,994 | 277,382 | 299,629 | 173,911 | 161,866 | 1,214,132 | 1,264,380 | 1,228,585 | 1,284,454 | 1,296,710 | 962,957 | 0 | 0 | 0 |
| total liabilities | 10,897,550 | 7,760,501 | 5,894,045 | 5,037,340 | 5,418,666 | 6,119,143 | 5,401,378 | 3,975,717 | 4,272,180 | 4,127,690 | 3,104,198 | 2,393,981 | 2,395,658 | 2,215,141 |
| net assets | 5,706,519 | 3,220,201 | 3,045,218 | 3,195,878 | 3,245,847 | 2,301,385 | 1,395,912 | 621,390 | 593,003 | 1,117,355 | 1,558,463 | 1,439,789 | 758,181 | 662,305 |
| total shareholders funds | 5,706,519 | 3,220,201 | 3,045,218 | 3,195,878 | 3,245,847 | 2,301,385 | 1,395,912 | 621,390 | 593,003 | 1,117,355 | 1,558,463 | 1,439,789 | 758,181 | 662,305 |
| Jun 2023 | Jun 2022 | Jun 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 | 3,752,638 | 2,845,147 | 2,291,160 | 1,890,560 | 2,015,236 | 1,578,020 | 1,472,918 | 676,889 | 115,116 | 157,739 | 583,170 | 1,169,897 | 1,235,672 | 1,368,083 |
| Depreciation | 74,808 | 75,665 | 75,296 | 66,456 | 46,491 | 47,893 | 66,417 | 99,017 | 104,014 | 113,998 | 69,386 | 40,105 | 46,519 | 44,534 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -848,396 | -553,859 | -432,434 | -372,153 | -389,746 | -305,497 | -269,436 | -129,724 | -19,455 | -2,013 | -143,826 | -320,415 | -341,871 | -397,979 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,528,574 | 1,915,623 | 750,121 | -462,021 | -626,716 | 724,514 | 611,258 | -160,178 | -741,633 | 309,157 | 584,497 | 451,989 | 275,981 | 1,435,984 |
| Creditors | 679,401 | 966,616 | 640,095 | -632,555 | -67,802 | -422,854 | 889,578 | 42,685 | -619,667 | 289,897 | 94,392 | 50,207 | 409,862 | 1,220,043 |
| Accruals and Deferred Income | 1,296,174 | 940,543 | 47,986 | 209,166 | 80,415 | 1,270,983 | 624,022 | 81,586 | 180,679 | 385,266 | -379,006 | -51,884 | -229,345 | 995,098 |
| Deferred Taxes & Provisions | 86,050 | -3,257 | 90,884 | 12,045 | 2,181 | 9,181 | 94,574 | 1,981 | 53,949 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,512,101 | 2,355,232 | 1,962,866 | 1,635,540 | 2,313,491 | 1,453,212 | 2,266,815 | 932,612 | 556,269 | 635,730 | -360,381 | 435,921 | 844,856 | 1,793,795 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -50,048 | -37,243 | 56,635 | -75,555 | -84,371 | -677,854 | -1,254,138 | -22,251 | -51,898 | -35,779 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -50,048 | -37,243 | 56,635 | -75,555 | -84,371 | -677,854 | -1,254,138 | -22,251 | -51,898 | -35,779 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -46,450 | 14,576 | 31,874 | 0 | 0 | 0 |
| Group/Directors Accounts | -448,123 | -18,446 | 23,906 | 30,018 | 394,209 | -82,837 | -126,456 | -367,587 | 595,316 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,509,406 | 0 | 0 | 0 | -1,054,447 | -59,429 | -58,779 | -57,850 | -66,205 | 333,753 | 962,957 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -34,834 | -19,000 | 53,834 | 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 | -63,610 | 53 | -3,247 | 8,140 | 453 | -37,602 | -37,940 | -39,817 | -49,849 | -41,801 | -2,430 | 3,562 | 1,259 | 0 |
| cash flow from financing | 962,839 | -37,393 | 74,493 | 38,158 | -659,785 | -179,868 | -223,175 | -465,254 | 378,928 | 306,528 | 992,401 | 3,562 | 1,259 | 344,151 |
| cash and cash equivalents | ||||||||||||||
| cash | 2,090,857 | 141,505 | -532,000 | -15,761 | 872,640 | 909,374 | 1,081,811 | -83,510 | 401,117 | -289,446 | -936,571 | 248,040 | -2,970 | 1,307,861 |
| overdraft | 48,975 | 0 | 0 | 0 | -55,033 | 2,721 | 2,722 | 2,722 | 46,868 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,041,882 | 141,505 | -532,000 | -15,761 | 927,673 | 906,653 | 1,079,089 | -86,232 | 354,249 | -289,446 | -936,571 | 248,040 | -2,970 | 1,307,861 |
P&L
June 2023turnover
39.9m
+35%
operating profit
3.8m
+32%
gross margin
17.6%
+5.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
5.7m
+0.77%
total assets
16.6m
+0.51%
cash
5.2m
+0.67%
net assets
Total assets minus all liabilities
Similar Companies
artic building services limited company details
company number
03529819
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
43210 - Electrical installation
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
16-17 schooner court, crossways business park, dartford, kent, DA2 6NW
last accounts submitted
June 2023
artic building services 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 12 charges/mortgages relating to artic building services limited. Currently there are 2 open charges and 10 have been satisfied in the past.
artic building services limited Companies House Filings - See Documents
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