advania uk limited
advania uk limited Company Information
Company Number
03645998
Next Accounts
Sep 2025
Industry
Computer consultancy activities
Shareholders
advania holdings uk limited
Group Structure
View All
Contact
Registered Address
lowry mill lees street, swinton, manchester, M27 6DB
Website
www.itlab.comadvania uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANIA UK LIMITED at £139.9m based on a Turnover of £96.1m and 1.46x industry multiple (adjusted for size and gross margin).
advania uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANIA UK LIMITED at £68.5m based on an EBITDA of £6.5m and a 10.52x industry multiple (adjusted for size and gross margin).
advania uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANIA UK LIMITED at £202m based on Net Assets of £90.9m and 2.22x industry multiple (adjusted for liquidity).
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Advania Uk Limited Overview
Advania Uk Limited is a live company located in manchester, M27 6DB with a Companies House number of 03645998. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in October 1998, it's largest shareholder is advania holdings uk limited with a 100% stake. Advania Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £96.1m with healthy growth in recent years.
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Advania Uk Limited Health Check
Pomanda's financial health check has awarded Advania Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £96.1m, make it larger than the average company (£2.3m)
£96.1m - Advania Uk Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (8%)
10% - Advania Uk Limited
8% - Industry AVG
Production
with a gross margin of 41%, this company has a comparable cost of product (45.8%)
41% - Advania Uk Limited
45.8% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (6.6%)
5.4% - Advania Uk Limited
6.6% - Industry AVG
Employees
with 467 employees, this is above the industry average (17)
467 - Advania Uk Limited
17 - Industry AVG
Pay Structure
on an average salary of £81.3k, the company has a higher pay structure (£59.9k)
£81.3k - Advania Uk Limited
£59.9k - Industry AVG
Efficiency
resulting in sales per employee of £205.8k, this is more efficient (£136k)
£205.8k - Advania Uk Limited
£136k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (61 days)
53 days - Advania Uk Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 464 days, this is slower than average (27 days)
464 days - Advania Uk Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (11 days)
1 days - Advania Uk Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Advania Uk Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.5%, this is a lower level of debt than the average (57.4%)
44.5% - Advania Uk Limited
57.4% - Industry AVG
ADVANIA UK LIMITED financials
Advania Uk Limited's latest turnover from December 2023 is £96.1 million and the company has net assets of £90.9 million. According to their latest financial statements, Advania Uk Limited has 467 employees and maintains cash reserves of £861 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 96,112,000 | 81,146,000 | 48,102,000 | 49,235,000 | 72,811,000 | 51,684,000 | 40,246,000 | 34,378,000 | 37,571,000 | 14,196,966 | 9,315,685 | 8,289,551 | 6,958,780 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 56,679,000 | 47,476,000 | 26,771,000 | 28,341,000 | 43,388,000 | 29,883,000 | 22,824,000 | 20,084,000 | 21,190,000 | 9,126,203 | 6,147,938 | ||||
| Gross Profit | 39,433,000 | 33,670,000 | 21,331,000 | 20,894,000 | 29,423,000 | 21,801,000 | 17,422,000 | 14,294,000 | 16,381,000 | 5,070,763 | 3,167,747 | ||||
| Admin Expenses | 34,227,000 | 30,205,000 | 20,350,000 | 23,933,000 | 30,418,000 | 22,035,000 | 16,969,000 | 14,902,000 | 12,729,000 | 3,853,467 | 2,418,919 | ||||
| Operating Profit | 5,206,000 | 3,465,000 | 981,000 | -3,039,000 | -995,000 | -234,000 | 453,000 | -608,000 | 3,652,000 | 1,217,296 | 748,828 | 1,009,600 | 522,701 | ||
| Interest Payable | 64,000 | 579,000 | 3,993,000 | 5,218,000 | 5,019,000 | 3,239,000 | 1,758,000 | 3,609,000 | 1,366,000 | 27,502 | 50,518 | 97,928 | 87,414 | ||
| Interest Receivable | 237,000 | 7,000 | 0 | 0 | 19,000 | 22,000 | 1,000 | 0 | 1,000 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 5,379,000 | 2,893,000 | -3,012,000 | -8,257,000 | -5,995,000 | -3,451,000 | -1,305,000 | -4,217,000 | 2,286,000 | 1,189,794 | 698,310 | 911,672 | 435,287 | ||
| Tax | -214,000 | -643,000 | -75,000 | 262,000 | 1,125,000 | 23,000 | 53,000 | 562,000 | -604,000 | -156,563 | 36,726 | -116,070 | -25,115 | ||
| Profit After Tax | 5,165,000 | 2,250,000 | -3,087,000 | -7,995,000 | -4,870,000 | -3,428,000 | -1,252,000 | -3,655,000 | 1,682,000 | 1,033,231 | 735,036 | 795,602 | 410,172 | ||
| Dividends Paid | 0 | 2,748,000 | 0 | 0 | 0 | 0 | 0 | 75,000 | 1,425,000 | 1,266,179 | 750,000 | 0 | 0 | ||
| Retained Profit | 5,165,000 | -498,000 | -3,087,000 | -7,995,000 | -4,870,000 | -3,428,000 | -1,252,000 | -3,730,000 | 257,000 | -232,948 | -14,964 | 795,602 | 410,172 | ||
| Employee Costs | 37,949,000 | 31,686,000 | 24,295,000 | 22,615,000 | 31,840,000 | 22,794,000 | 16,919,000 | 14,480,000 | 12,331,000 | 4,158,205 | 2,619,578 | 2,466,826 | 2,388,337 | ||
| Number Of Employees | 467 | 431 | 399 | 341 | 648 | 493 | 413 | 349 | 307 | 118 | 78 | 92 | 82 | ||
| EBITDA* | 6,510,000 | 4,649,000 | 1,629,000 | 39,000 | 5,818,000 | 5,316,000 | 3,232,000 | 1,954,000 | 5,555,000 | 1,847,504 | 929,693 | 1,152,188 | 634,065 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 898,000 | 650,000 | 721,000 | 692,000 | 1,711,000 | 1,973,000 | 1,753,000 | 1,172,000 | 1,001,000 | 258,532 | 304,374 | 220,140 | 310,841 | 306,254 | 255,596 |
| Intangible Assets | 39,866,000 | 21,163,000 | 21,128,000 | 21,385,000 | 46,994,000 | 29,935,000 | 13,631,000 | 15,003,000 | 17,229,000 | 2,208,301 | 2,045,330 | 182,000 | 0 | 0 | 0 |
| Investments & Other | 92,813,000 | 113,454,000 | 90,437,000 | 90,437,000 | 0 | 0 | 0 | 0 | 0 | 0 | 30,000 | 0 | 179,885 | 0 | 0 |
| Debtors (Due After 1 year) | 3,186,000 | 2,312,000 | 1,284,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,359,211 | 818,096 |
| Total Fixed Assets | 136,763,000 | 137,579,000 | 113,570,000 | 112,514,000 | 48,705,000 | 31,908,000 | 15,384,000 | 16,175,000 | 18,230,000 | 2,466,833 | 2,379,704 | 402,140 | 490,726 | 1,665,465 | 1,073,692 |
| Stock & work in progress | 171,000 | 59,000 | 11,000 | 11,000 | 203,000 | 11,000 | 6,000 | 9,000 | 37,000 | 5,197 | 0 | 22,131 | 7,943 | 6,310 | 2,111 |
| Trade Debtors | 14,034,000 | 10,393,000 | 10,579,000 | 5,848,000 | 9,120,000 | 7,430,000 | 4,100,000 | 4,486,000 | 4,313,000 | 2,165,585 | 1,391,546 | 890,644 | 758,968 | 1,103,958 | 1,005,142 |
| Group Debtors | 3,111,000 | 4,468,000 | 11,980,000 | 5,632,000 | 6,309,000 | 3,691,000 | 2,018,000 | 0 | 0 | 228,621 | 737,889 | 1,815,931 | 901,741 | 0 | 0 |
| Misc Debtors | 8,635,000 | 4,918,000 | 2,575,000 | 3,178,000 | 5,924,000 | 4,687,000 | 2,843,000 | 1,799,000 | 4,450,000 | 518,816 | 670,114 | 392,058 | 412,490 | 0 | 0 |
| Cash | 861,000 | 355,000 | 2,494,000 | 1,813,000 | 9,618,000 | 3,983,000 | 2,137,000 | 1,822,000 | 2,330,000 | 69,273 | 8,412 | 500 | 600 | 500 | 500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 26,812,000 | 20,193,000 | 27,639,000 | 16,482,000 | 31,174,000 | 19,802,000 | 11,104,000 | 8,116,000 | 11,130,000 | 2,987,492 | 2,807,961 | 3,121,264 | 2,081,742 | 1,110,768 | 1,007,753 |
| total assets | 163,575,000 | 157,772,000 | 141,209,000 | 128,996,000 | 79,879,000 | 51,710,000 | 26,488,000 | 24,291,000 | 29,360,000 | 5,454,325 | 5,187,665 | 3,523,404 | 2,572,468 | 2,776,233 | 2,081,445 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 291,773 | 538,829 | 237,489 | 374,563 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 2,000,000 | 0 | 0 | 0 | 0 | 94,515 | 240,833 | 133,333 | 0 | 0 | 0 |
| Trade Creditors | 72,166,000 | 2,753,000 | 3,652,000 | 3,795,000 | 5,357,000 | 2,637,000 | 3,691,000 | 2,744,000 | 2,235,000 | 1,273,415 | 1,073,575 | 632,279 | 496,236 | 2,256,538 | 1,854,684 |
| Group/Directors Accounts | 0 | 43,188,000 | 82,698,000 | 14,126,000 | 0 | 169,000 | 0 | 0 | 0 | 0 | 52,046 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 8,630,000 | 3,483,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 357,000 | 444,000 | 263,000 | 58,000 | 183,000 | 204,000 | 254,000 | 236,000 | 12,688 | 21,431 | 21,275 | 29,216 | 0 | 0 |
| other current liabilities | 0 | 24,168,000 | 17,147,000 | 22,585,000 | 15,132,000 | 10,185,000 | 6,968,000 | 6,336,000 | 8,689,000 | 2,677,626 | 2,169,152 | 1,278,243 | 1,343,748 | 0 | 0 |
| total current liabilities | 72,166,000 | 70,466,000 | 103,941,000 | 40,769,000 | 31,177,000 | 16,657,000 | 10,869,000 | 9,334,000 | 11,160,000 | 4,350,017 | 4,095,866 | 2,302,619 | 2,243,763 | 2,256,538 | 1,854,684 |
| loans | 0 | 0 | 0 | 47,086,000 | 44,630,000 | 41,760,000 | 19,400,000 | 17,419,000 | 14,673,000 | 0 | 94,197 | 222,223 | 68,200 | 150,000 | 250,000 |
| hp & lease commitments | 0 | 0 | 70,000 | 275,000 | 0 | 59,000 | 242,000 | 142,000 | 156,000 | 0 | 0 | 0 | 45,719 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 551,000 | 0 | 6,109,000 | 7,554,000 | 0 | 678,000 | 0 | 0 | 1,800,000 | 345,786 | 13,010 | 0 | 0 | 581,588 | 554,694 |
| provisions | 0 | 0 | 0 | 0 | 0 | 41,000 | 8,000 | 172,000 | 620,000 | 12,553 | 5,675 | 4,681 | 16,507 | 0 | 0 |
| total long term liabilities | 551,000 | 0 | 6,179,000 | 54,915,000 | 44,630,000 | 42,538,000 | 19,650,000 | 17,733,000 | 17,249,000 | 358,339 | 112,882 | 226,904 | 130,426 | 731,588 | 804,694 |
| total liabilities | 72,717,000 | 70,466,000 | 110,120,000 | 95,684,000 | 75,807,000 | 59,195,000 | 30,519,000 | 27,067,000 | 28,409,000 | 4,708,356 | 4,208,748 | 2,529,523 | 2,374,189 | 2,988,126 | 2,659,378 |
| net assets | 90,858,000 | 87,306,000 | 31,089,000 | 33,312,000 | 4,072,000 | -7,485,000 | -4,031,000 | -2,776,000 | 951,000 | 745,969 | 978,917 | 993,881 | 198,279 | -211,893 | -577,933 |
| total shareholders funds | 90,858,000 | 87,306,000 | 31,089,000 | 33,312,000 | 4,072,000 | -7,485,000 | -4,031,000 | -2,776,000 | 951,000 | 745,969 | 978,917 | 993,881 | 198,279 | -211,893 | -577,933 |
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,206,000 | 3,465,000 | 981,000 | -3,039,000 | -995,000 | -234,000 | 453,000 | -608,000 | 3,652,000 | 1,217,296 | 748,828 | 1,009,600 | 522,701 | ||
| Depreciation | 498,000 | 404,000 | 391,000 | 763,000 | 1,159,000 | 938,000 | 772,000 | 671,000 | 560,000 | 167,458 | 134,766 | 142,588 | 111,364 | 100,871 | 97,906 |
| Amortisation | 806,000 | 780,000 | 257,000 | 2,315,000 | 5,654,000 | 4,612,000 | 2,007,000 | 1,891,000 | 1,343,000 | 462,750 | 46,099 | 0 | 0 | 0 | 0 |
| Tax | -214,000 | -643,000 | -75,000 | 262,000 | 1,125,000 | 23,000 | 53,000 | 562,000 | -604,000 | -156,563 | 36,726 | -116,070 | -25,115 | ||
| Stock | 112,000 | 48,000 | -192,000 | -192,000 | 192,000 | 5,000 | -3,000 | -28,000 | 37,000 | 5,197 | -22,131 | 14,188 | 1,633 | 4,199 | 2,111 |
| Debtors | 6,875,000 | -4,327,000 | 5,065,000 | -6,695,000 | 5,545,000 | 6,847,000 | 2,676,000 | -2,478,000 | 8,763,000 | 113,473 | -299,084 | 1,025,434 | -389,970 | 639,931 | 1,823,238 |
| Creditors | 69,413,000 | -899,000 | -1,705,000 | -1,562,000 | 2,720,000 | -1,054,000 | 947,000 | 509,000 | 2,235,000 | 199,840 | 441,296 | 136,043 | -1,760,302 | 401,854 | 1,854,684 |
| Accruals and Deferred Income | -24,168,000 | 7,021,000 | 2,015,000 | 7,453,000 | 4,947,000 | 3,217,000 | 632,000 | -2,353,000 | 8,689,000 | 508,474 | 890,909 | -65,505 | 1,343,748 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -41,000 | 33,000 | -164,000 | -448,000 | 620,000 | 6,878 | 994 | -11,826 | 16,507 | 0 | 0 |
| Cash flow from operations | 44,554,000 | 14,407,000 | -3,009,000 | 13,079,000 | 8,832,000 | 683,000 | 2,027,000 | 2,730,000 | 7,695,000 | 2,287,463 | 2,620,833 | 55,208 | 597,240 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | -2,962,000 | -2,420,000 | 804,000 | -95,240 | -228,076 | -51,887 | -78,441 | ||||||
| Change in Investments | -20,641,000 | 23,017,000 | 90,437,000 | 90,437,000 | 0 | 0 | 0 | 0 | 0 | -30,000 | 30,000 | -179,885 | 179,885 | 0 | 0 |
| cash flow from investments | 0 | 0 | -2,962,000 | -2,420,000 | 804,000 | -65,240 | -258,076 | 127,998 | -258,326 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | -2,000,000 | -2,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | -146,318 | 107,500 | 133,333 | 0 | 0 | 0 |
| Group/Directors Accounts | -43,188,000 | -39,510,000 | 82,698,000 | 14,126,000 | -169,000 | 169,000 | 0 | 0 | 0 | -52,046 | 52,046 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -8,630,000 | -8,630,000 | 5,147,000 | 3,477,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -44,630,000 | 2,456,000 | 2,870,000 | 22,360,000 | 1,981,000 | 2,746,000 | 14,673,000 | -94,197 | -128,026 | 154,023 | -81,800 | -100,000 | 250,000 |
| Hire Purchase and Lease Commitments | -357,000 | -157,000 | 456,000 | 480,000 | -184,000 | -204,000 | 50,000 | 4,000 | 392,000 | -8,743 | 156 | -53,660 | 74,935 | 0 | 0 |
| other long term liabilities | 551,000 | -6,109,000 | 6,109,000 | 7,554,000 | -678,000 | 678,000 | 0 | -1,800,000 | 1,800,000 | 332,776 | 13,010 | 0 | -581,588 | 26,894 | 554,694 |
| share issue | |||||||||||||||
| interest | 173,000 | -572,000 | -3,993,000 | -5,218,000 | -5,000,000 | -3,217,000 | -1,757,000 | -3,609,000 | -1,365,000 | -27,502 | -50,518 | -97,928 | -87,414 | ||
| cash flow from financing | -44,434,000 | 10,367,000 | 60,114,000 | 46,003,000 | 20,413,000 | 23,237,000 | 277,000 | -2,656,000 | 16,194,000 | 3,970 | -5,832 | 135,768 | -675,867 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 506,000 | -2,139,000 | -7,124,000 | -7,805,000 | 5,635,000 | 1,846,000 | 315,000 | -508,000 | 2,330,000 | 60,861 | 7,912 | -100 | 100 | 0 | 500 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -247,056 | 301,340 | -137,074 | 374,563 | 0 | 0 |
| change in cash | 506,000 | -2,139,000 | -7,124,000 | -7,805,000 | 5,635,000 | 1,846,000 | 315,000 | -508,000 | 2,330,000 | 307,917 | -293,428 | 136,974 | -374,463 | 0 | 500 |
advania uk limited Credit Report and Business Information
Advania Uk Limited Competitor Analysis
Perform a competitor analysis for advania uk limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in M27 area or any other competitors across 12 key performance metrics.
advania uk limited Ownership
ADVANIA UK LIMITED group structure
Advania Uk Limited has 9 subsidiary companies.
Ultimate parent company
ADVANIA AB
#0151268
2 parents
ADVANIA UK LIMITED
03645998
9 subsidiaries
advania uk limited directors
Advania Uk Limited currently has 8 directors. The longest serving directors include Mr Andrew Insley (Feb 2018) and Mr Geoffrey Yates-Kneen (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Insley | United Kingdom | 45 years | Feb 2018 | - | Director |
| Mr Geoffrey Yates-Kneen | United Kingdom | 54 years | Nov 2018 | - | Director |
| Mr Colin Brown | England | 62 years | Mar 2022 | - | Director |
| Mr Mikael Noaksson | England | 50 years | Feb 2023 | - | Director |
| Mr Henrik Foyn-Laukvik | England | 36 years | Feb 2023 | - | Director |
| Hege Store | England | 55 years | Feb 2023 | - | Director |
| Lilja Skuladottir | England | 51 years | Feb 2023 | - | Director |
| Gestur Gestsson | England | 56 years | Feb 2023 | - | Director |
P&L
December 2023turnover
96.1m
+18%
operating profit
5.2m
+50%
gross margin
41.1%
-1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
90.9m
+0.04%
total assets
163.6m
+0.04%
cash
861k
+1.43%
net assets
Total assets minus all liabilities
advania uk limited company details
company number
03645998
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
October 1998
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
content+cloud limited (November 2023)
i.t.lab limited (October 2020)
See moreaccountant
-
auditor
RSM UK AUDIT LLP
address
lowry mill lees street, swinton, manchester, M27 6DB
Bank
-
Legal Advisor
-
advania uk 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 15 charges/mortgages relating to advania uk limited. Currently there are 2 open charges and 13 have been satisfied in the past.
advania uk limited Companies House Filings - See Documents
| date | description | view/download |
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