asset networks limited
asset networks limited Company Information
Company Number
03842621
Next Accounts
3 days late
Shareholders
asset networks holdings limited
Group Structure
View All
Industry
Other education n.e.c.
Registered Address
1 pride point drive, pride park, derby, DE24 8BX
Website
ap-networks.comasset networks limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET NETWORKS LIMITED at £570.2k based on a Turnover of £884.1k and 0.64x industry multiple (adjusted for size and gross margin).
asset networks limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET NETWORKS LIMITED at £596k based on an EBITDA of £160.1k and a 3.72x industry multiple (adjusted for size and gross margin).
asset networks limited Estimated Valuation
Pomanda estimates the enterprise value of ASSET NETWORKS LIMITED at £1.3m based on Net Assets of £562.3k and 2.38x industry multiple (adjusted for liquidity).
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Asset Networks Limited Overview
Asset Networks Limited is a live company located in derby, DE24 8BX with a Companies House number of 03842621. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in September 1999, it's largest shareholder is asset networks holdings limited with a 100% stake. Asset Networks Limited is a mature, small sized company, Pomanda has estimated its turnover at £884.1k with high growth in recent years.
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Asset Networks Limited Health Check
Pomanda's financial health check has awarded Asset Networks Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £884.1k, make it larger than the average company (£476.9k)
£884.1k - Asset Networks Limited
£476.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.3%)
15% - Asset Networks Limited
4.3% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (57.2%)
47.1% - Asset Networks Limited
57.2% - Industry AVG
Profitability
an operating margin of 16.4% make it more profitable than the average company (5.7%)
16.4% - Asset Networks Limited
5.7% - Industry AVG
Employees
with 23 employees, this is above the industry average (12)
23 - Asset Networks Limited
12 - Industry AVG
Pay Structure
on an average salary of £28.4k, the company has an equivalent pay structure (£28.4k)
- Asset Networks Limited
£28.4k - Industry AVG
Efficiency
resulting in sales per employee of £38.4k, this is less efficient (£50.7k)
£38.4k - Asset Networks Limited
£50.7k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (18 days)
14 days - Asset Networks Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (24 days)
8 days - Asset Networks Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Asset Networks Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (116 weeks)
1 weeks - Asset Networks Limited
116 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.1%, this is a higher level of debt than the average (24.2%)
45.1% - Asset Networks Limited
24.2% - Industry AVG
ASSET NETWORKS LIMITED financials
Asset Networks Limited's latest turnover from June 2023 is £884.1 thousand and the company has net assets of £562.3 thousand. According to their latest financial statements, Asset Networks Limited has 23 employees and maintains cash reserves of £11.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Mar 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 884,063 | 853,352 | 738,812 | 575,480 | 891,524 | 949,575 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 467,823 | 445,582 | 484,740 | 269,943 | 55,079 | 118,035 | |||||||||
| Gross Profit | 416,240 | 407,770 | 254,072 | 305,537 | 836,445 | 831,540 | |||||||||
| Admin Expenses | 174,063 | 301,414 | 942,958 | 820,105 | |||||||||||
| Operating Profit | 80,009 | 4,123 | -106,513 | 11,435 | |||||||||||
| Interest Payable | 39 | 22,380 | 23,573 | ||||||||||||
| Interest Receivable | 3,216 | 3,061 | |||||||||||||
| Pre-Tax Profit | 143,925 | 208,328 | 79,970 | 4,123 | -125,677 | -9,077 | |||||||||
| Tax | -33,965 | -31,469 | -17,678 | -3,310 | -14,842 | -5,721 | |||||||||
| Profit After Tax | 109,960 | 176,859 | 62,292 | 813 | -140,519 | -14,798 | |||||||||
| Dividends Paid | 56,100 | ||||||||||||||
| Retained Profit | 109,960 | 176,859 | 62,292 | 813 | -196,619 | -14,798 | |||||||||
| Employee Costs | 541,325 | 482,034 | |||||||||||||
| Number Of Employees | 23 | 23 | 21 | 27 | 30 | 30 | 30 | 35 | 35 | ||||||
| EBITDA* | 88,240 | 12,391 | -88,860 | 29,926 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Mar 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 318,568 | 28,012 | 25,278 | 16,826 | 7,542 | 691,307 | 709,798 | 738,096 | 762,092 | 789,040 | 29,051 | 2,964 | 3,953 | 282,248 | 301,750 |
| Intangible Assets | 370 | ||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 318,568 | 28,012 | 25,278 | 17,196 | 7,542 | 691,307 | 709,798 | 738,096 | 762,092 | 789,040 | 29,051 | 2,964 | 3,953 | 282,248 | 301,750 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 35,816 | 71,347 | 56,734 | 67,906 | 44,638 | 319,779 | 134,841 | 189,952 | 177,881 | 181,667 | 243,560 | 100,962 | |||
| Group Debtors | 623,554 | 453,793 | 278,777 | 223,717 | 102,254 | ||||||||||
| Misc Debtors | 35,015 | 64,281 | 30,627 | 70,192 | 131,204 | 307,508 | 257,424 | 184,753 | 4,502 | ||||||
| Cash | 11,692 | 66,999 | 26,496 | 10,782 | 130,389 | 68,755 | 123,631 | 149,751 | 31,713 | 273,215 | 103,978 | 56,988 | 101,342 | 70,143 | 86,875 |
| misc current assets | |||||||||||||||
| total current assets | 706,077 | 585,073 | 335,900 | 304,691 | 332,940 | 432,997 | 448,961 | 379,142 | 351,492 | 408,056 | 293,930 | 234,869 | 283,009 | 313,703 | 294,593 |
| total assets | 1,024,645 | 613,085 | 361,178 | 321,887 | 340,482 | 1,124,304 | 1,158,759 | 1,117,238 | 1,113,584 | 1,197,096 | 322,981 | 237,833 | 286,962 | 595,951 | 596,343 |
| Bank overdraft | 678,989 | ||||||||||||||
| Bank loan | 636,189 | 656,956 | |||||||||||||
| Trade Creditors | 11,016 | 7,324 | 9,701 | 58,934 | 782,170 | 865,715 | 154,097 | 148,170 | 187,855 | 531,794 | |||||
| Group/Directors Accounts | 281,410 | 8,629 | 555,382 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 9,265 | ||||||||||||||
| other current liabilities | 145,984 | 140,341 | 71,527 | 50,385 | 128,727 | 79,741 | 78,631 | 70,889 | 60,080 | ||||||
| total current liabilities | 438,410 | 156,294 | 81,228 | 109,319 | 128,727 | 715,930 | 735,587 | 759,143 | 782,170 | 865,715 | 154,097 | 148,170 | 187,855 | 531,794 | 615,462 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 15,089 | ||||||||||||||
| provisions | 8,868 | 5,072 | 5,090 | ||||||||||||
| total long term liabilities | 23,957 | 5,072 | 5,090 | ||||||||||||
| total liabilities | 462,367 | 161,366 | 86,318 | 109,319 | 128,727 | 715,930 | 735,587 | 759,143 | 782,170 | 865,715 | 154,097 | 148,170 | 187,855 | 531,794 | 615,462 |
| net assets | 562,278 | 451,719 | 274,860 | 212,568 | 211,755 | 408,374 | 423,172 | 358,095 | 331,414 | 331,381 | 168,884 | 89,663 | 99,107 | 64,157 | -19,119 |
| total shareholders funds | 562,278 | 451,719 | 274,860 | 212,568 | 211,755 | 408,374 | 423,172 | 358,095 | 331,414 | 331,381 | 168,884 | 89,663 | 99,107 | 64,157 | -19,119 |
| Jun 2023 | Jun 2022 | Jun 2021 | Mar 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 80,009 | 4,123 | -106,513 | 11,435 | |||||||||||
| Depreciation | 15,471 | 9,559 | 8,231 | 8,268 | 17,653 | 18,491 | 23,996 | 26,948 | 30,883 | 9,687 | 989 | 1,318 | 19,502 | 19,209 | |
| Amortisation | |||||||||||||||
| Tax | -33,965 | -31,469 | -17,678 | -3,310 | -14,842 | -5,721 | |||||||||
| Stock | |||||||||||||||
| Debtors | 176,311 | 208,670 | 15,495 | 91,358 | -161,691 | 38,912 | 95,939 | -90,388 | 184,938 | -55,111 | 12,071 | -3,786 | -61,893 | 35,842 | 207,718 |
| Creditors | 3,692 | -2,377 | -49,233 | 58,934 | -782,170 | -83,545 | 711,618 | 5,927 | -39,685 | -343,939 | 531,794 | ||||
| Accruals and Deferred Income | 5,643 | 68,814 | 21,142 | -78,342 | 48,986 | 1,110 | 7,742 | 70,889 | -60,080 | 60,080 | |||||
| Deferred Taxes & Provisions | 3,796 | -18 | 5,090 | ||||||||||||
| Cash flow from operations | 32,066 | -101,685 | 106,975 | -13,597 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -636,189 | -20,767 | 656,956 | ||||||||||||
| Group/Directors Accounts | 272,781 | 8,629 | -555,382 | 555,382 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -9,265 | 9,265 | |||||||||||||
| other long term liabilities | 15,089 | ||||||||||||||
| share issue | |||||||||||||||
| interest | -39 | -19,164 | -20,512 | ||||||||||||
| cash flow from financing | 288,469 | 8,629 | -39 | -655,353 | -41,279 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -55,307 | 40,503 | 15,714 | -119,607 | 61,634 | -54,876 | -26,120 | 118,038 | -241,502 | 169,237 | 46,990 | -44,354 | 31,199 | -16,732 | 86,875 |
| overdraft | -678,989 | 678,989 | |||||||||||||
| change in cash | -55,307 | 40,503 | 15,714 | -119,607 | 61,634 | -54,876 | 652,869 | -560,951 | -241,502 | 169,237 | 46,990 | -44,354 | 31,199 | -16,732 | 86,875 |
asset networks limited Credit Report and Business Information
Asset Networks Limited Competitor Analysis
Perform a competitor analysis for asset networks limited by selecting its closest rivals, whether from the EDUCATION sector, other small companies, companies in DE24 area or any other competitors across 12 key performance metrics.
asset networks limited Ownership
ASSET NETWORKS LIMITED group structure
Asset Networks Limited has no subsidiary companies.
Ultimate parent company
OAKLEY EY EDUCATION LUX SPV SARL
#0142953
2 parents
ASSET NETWORKS LIMITED
03842621
asset networks limited directors
Asset Networks Limited currently has 5 directors. The longest serving directors include Mr Dominic Harrison (Jun 2021) and Ms Clare Wilson (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dominic Harrison | England | 62 years | Jun 2021 | - | Director |
| Ms Clare Wilson | England | 51 years | Jun 2021 | - | Director |
| Mr Stephen Booty | England | 70 years | Jun 2021 | - | Director |
| Ms Lisa Barter-Ng | Scotland | 53 years | Jan 2025 | - | Director |
| Mr Christopher Coxhead | Scotland | 42 years | Jan 2025 | - | Director |
P&L
June 2023turnover
884.1k
+4%
operating profit
144.6k
0%
gross margin
47.1%
-1.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
562.3k
+0.24%
total assets
1m
+0.67%
cash
11.7k
-0.83%
net assets
Total assets minus all liabilities
asset networks limited company details
company number
03842621
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
September 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
1 pride point drive, pride park, derby, DE24 8BX
Bank
-
Legal Advisor
-
asset networks 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 6 charges/mortgages relating to asset networks limited. Currently there are 0 open charges and 6 have been satisfied in the past.
asset networks 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.
Click to start generating capital raising & share issue transactions for ASSET NETWORKS LIMITED. This can take several minutes, an email will notify you when this has completed.
asset networks limited Companies House Filings - See Documents
| date | description | view/download |
|---|
