the london art house limited

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the london art house limited Company Information

Share THE LONDON ART HOUSE LIMITED

Company Number

04374626

Shareholders

ms heather margot sunderland

Group Structure

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Industry

Letting and operating of conference and exhibition centres

 

Registered Address

quadrant house, floor 6, 4 thomas more square, london, E1W 1YW

the london art house limited Estimated Valuation

£480.9k

Pomanda estimates the enterprise value of THE LONDON ART HOUSE LIMITED at £480.9k based on a Turnover of £246.2k and 1.95x industry multiple (adjusted for size and gross margin).

the london art house limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE LONDON ART HOUSE LIMITED at £0 based on an EBITDA of £-28.3k and a 4.46x industry multiple (adjusted for size and gross margin).

the london art house limited Estimated Valuation

£0

Pomanda estimates the enterprise value of THE LONDON ART HOUSE LIMITED at £0 based on Net Assets of £-776.2k and 2.66x industry multiple (adjusted for liquidity).

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The London Art House Limited Overview

The London Art House Limited is a live company located in london, E1W 1YW with a Companies House number of 04374626. It operates in the letting and operating of conference and exhibition centres sector, SIC Code 68202. Founded in February 2002, it's largest shareholder is ms heather margot sunderland with a 100% stake. The London Art House Limited is a mature, micro sized company, Pomanda has estimated its turnover at £246.2k with rapid growth in recent years.

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The London Art House Limited Health Check

Pomanda's financial health check has awarded The London Art House Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £246.2k, make it smaller than the average company (£758.9k)

£246.2k - The London Art House Limited

£758.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (4.7%)

51% - The London Art House Limited

4.7% - Industry AVG

production

Production

with a gross margin of 54.4%, this company has a comparable cost of product (54.4%)

54.4% - The London Art House Limited

54.4% - Industry AVG

profitability

Profitability

an operating margin of -14.3% make it less profitable than the average company (5.6%)

-14.3% - The London Art House Limited

5.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (13)

2 - The London Art House Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)

£31.4k - The London Art House Limited

£31.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £123.1k, this is more efficient (£100.9k)

£123.1k - The London Art House Limited

£100.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (34 days)

48 days - The London Art House Limited

34 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (30 days)

62 days - The London Art House Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (18 days)

3 days - The London Art House Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (41 weeks)

0 weeks - The London Art House Limited

41 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1001.5%, this is a higher level of debt than the average (52.7%)

1001.5% - The London Art House Limited

52.7% - Industry AVG

THE LONDON ART HOUSE LIMITED financials

EXPORTms excel logo

The London Art House Limited's latest turnover from August 2023 is estimated at £246.2 thousand and the company has net assets of -£776.2 thousand. According to their latest financial statements, The London Art House Limited has 2 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover246,19490,69292,59271,387394,774180,50854,43991,513126,8741,442,5141,765,8032,241,4931,629,7081,003,126
Other Income Or Grants
Cost Of Sales112,30637,40752,17126,549135,19363,96624,95840,07949,763597,622810,4891,027,514781,789506,933
Gross Profit133,88953,28540,42244,838259,581116,54229,48151,43477,112844,893955,3141,213,979847,919496,192
Admin Expenses168,98774,18257,67892,712280,288168,723119,59385,276145,260846,602940,2321,197,8061,030,831652,85561,354
Operating Profit-35,098-20,897-17,256-47,874-20,707-52,181-90,112-33,842-68,148-1,70915,08216,173-182,912-156,663-61,354
Interest Payable4304471,7413,9464,8752,670
Interest Receivable1,268413236782128171725204139139
Pre-Tax Profit-33,830-20,484-17,254-47,871-20,640-52,099-90,100-34,263-68,578-1,69215,10814,453-186,855-161,399-63,884
Tax-3,475-3,469
Profit After Tax-33,830-20,484-17,254-47,871-20,640-52,099-90,100-34,263-68,578-1,69211,63310,984-186,855-161,399-63,884
Dividends Paid
Retained Profit-33,830-20,484-17,254-47,871-20,640-52,099-90,100-34,263-68,578-1,69211,63310,984-186,855-161,399-63,884
Employee Costs62,87853,69251,10049,15550,92348,66249,28048,38079,070398,326564,850720,179472,157328,282
Number Of Employees2222222231622301816
EBITDA*-28,283-12,634-8,921-35,203-9,413-39,087-74,736-15,922-49,04120,49640,84644,801-152,911-127,302-28,025

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets39,61945,02553,28870,58468,86975,32887,298102,674108,279125,832148,037173,801181,643166,382188,865
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets39,61945,02553,28870,58468,86975,32887,298102,674108,279125,832148,037173,801181,643166,382188,865
Stock & work in progress1,0001,0001,0001,0001,0001,0001,0001,0008,0008,0008,0008,00018,93912,50012,500
Trade Debtors32,6331,96652,54124,5799188,8926,840157,096111,901106,47765,36870,86262,237
Group Debtors
Misc Debtors11,6085525525,50390,47836,62234,62045,50375,2067,771
Cash1,24647,0761343,1052,10415,7476,2363,2143,4543,1543,5306,6521,42710855,669
misc current assets
total current assets46,48748,6281,68611,574146,12377,94842,77458,60993,500168,250123,431121,12993,50583,470130,406
total assets86,10693,65354,97482,158214,992153,276130,072161,283201,779294,082271,468294,930275,148249,852319,271
Bank overdraft13,754
Bank loan
Trade Creditors 19,35035,38025,48315,50559,10213,3731,8224,94454674,481635,889656,698633,615407,178300,912
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities842,988800,675751,409771,317812,683776,056712,304650,293647,662
total current liabilities862,338836,055776,892786,822871,785789,429714,126655,237661,470674,481635,889656,698633,615407,178300,912
loans53,57167,85782,143
hp & lease commitments
Accruals and Deferred Income
other liabilities10,71425,00039,286
provisions
total long term liabilities10,71425,00039,28653,57167,85782,143
total liabilities862,338836,055776,892786,822871,785789,429714,126655,237661,470685,195660,889695,984687,186475,035383,055
net assets-776,232-742,402-721,918-704,664-656,793-636,153-584,054-493,954-459,691-391,113-389,421-401,054-412,038-225,183-63,784
total shareholders funds-776,232-742,402-721,918-704,664-656,793-636,153-584,054-493,954-459,691-391,113-389,421-401,054-412,038-225,183-63,784
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit-35,098-20,897-17,256-47,874-20,707-52,181-90,112-33,842-68,148-1,70915,08216,173-182,912-156,663-61,354
Depreciation6,8158,2638,33512,67111,29413,09415,37617,92019,10722,20525,76428,62830,00129,36133,329
Amortisation
Tax-3,475-3,469
Stock-7,000-10,9396,43912,500
Debtors43,689-6,917-135,55081,81825,663-18,857-27,651-75,05045,1955,42433,3382,2778,62562,237
Creditors-16,0309,8979,978-43,59745,72911,551-3,1224,890-674,42738,592-20,80923,083226,437106,266300,912
Accruals and Deferred Income42,31349,266-19,908-41,36636,62763,75262,0112,631647,662
Deferred Taxes & Provisions
Cash flow from operations-45,68946,529-11,93415,384-8,87510,5533,01026,250-75613,89311,13842,01664,810-29,661198,150
Investing Activities
capital expenditure-1,4098,961-14,386-4,835-1,124-12,315-1,554-20,786-45,262-6,878-222,194
Change in Investments
cash flow from investments-1,4098,961-14,386-4,835-1,124-12,315-1,554-20,786-45,262-6,878-222,194
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-53,571-14,286-14,28682,143
Hire Purchase and Lease Commitments
other long term liabilities-10,714-14,286-14,28639,286
share issue100
interest1,26841323678212-422-4301725-1,721-3,942-4,736-2,531
cash flow from financing1,26841323678212-422-11,144-14,269-14,261-16,006-18,228-19,02279,712
cash and cash equivalents
cash-45,83046,942-2,9711,001-13,6439,5113,022-240300-376-3,1225,2251,319-55,56155,669
overdraft-13,75413,754
change in cash-45,83046,942-2,9711,001-13,6439,5113,02213,514-13,454-376-3,1225,2251,319-55,56155,669

the london art house 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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The London Art House Limited Competitor Analysis

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Perform a competitor analysis for the london art house limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.

the london art house limited Ownership

THE LONDON ART HOUSE LIMITED group structure

The London Art House Limited has no subsidiary companies.

Ultimate parent company

THE LONDON ART HOUSE LIMITED

04374626

THE LONDON ART HOUSE LIMITED Shareholders

ms heather margot sunderland 100%

the london art house limited directors

The London Art House Limited currently has 2 directors. The longest serving directors include Mr Graeme Blench (Feb 2002) and Dr Heather Sunderland (Feb 2002).

officercountryagestartendrole
Mr Graeme BlenchUnited Kingdom75 years Feb 2002- Director
Dr Heather SunderlandUnited Kingdom69 years Feb 2002- Director

P&L

August 2023

turnover

246.2k

+171%

operating profit

-35.1k

0%

gross margin

54.4%

-7.44%

turnover

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

Balance Sheet

August 2023

net assets

-776.2k

+0.05%

total assets

86.1k

-0.08%

cash

1.2k

-0.97%

net assets

Total assets minus all liabilities

the london art house limited company details

company number

04374626

Type

Private limited with Share Capital

industry

68202 - Letting and operating of conference and exhibition centres

incorporation date

February 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

UHY HACKER YOUNG

auditor

-

address

quadrant house, floor 6, 4 thomas more square, london, E1W 1YW

Bank

-

Legal Advisor

-

the london art house 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 the london art house limited. Currently there are 1 open charges and 0 have been satisfied in the past.

the london art house 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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the london art house limited Companies House Filings - See Documents

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