ardent products limited
ardent products limited Company Information
Company Number
05024903
Website
www.ardentproducts.comRegistered Address
apartment g9, ashgrove house, elland road, elland, HX5 9JB
Industry
Manufacture of electric lighting equipment
Telephone
08456520371
Next Accounts Due
October 2024
Group Structure
View All
Directors
Adetokunbo Adeniji20 Years
Shareholders
adetokunbo adedeji adeniji 100%
ardent products limited Estimated Valuation
Pomanda estimates the enterprise value of ARDENT PRODUCTS LIMITED at £86.1k based on a Turnover of £201.9k and 0.43x industry multiple (adjusted for size and gross margin).
ardent products limited Estimated Valuation
Pomanda estimates the enterprise value of ARDENT PRODUCTS LIMITED at £0 based on an EBITDA of £0 and a 3.06x industry multiple (adjusted for size and gross margin).
ardent products limited Estimated Valuation
Pomanda estimates the enterprise value of ARDENT PRODUCTS LIMITED at £0 based on Net Assets of £-149.2k and 2.09x industry multiple (adjusted for liquidity).
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Ardent Products Limited Overview
Ardent Products Limited is a dissolved company that was located in elland, HX5 9JB with a Companies House number of 05024903. It operated in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in January 2004, it's largest shareholder was adetokunbo adedeji adeniji with a 100% stake. The last turnover for Ardent Products Limited was estimated at £201.9k.
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Ardent Products Limited Health Check
Pomanda's financial health check has awarded Ardent Products Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £201.9k, make it smaller than the average company (£10.8m)
- Ardent Products Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a faster rate (-2.8%)
- Ardent Products Limited
-2.8% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (33.7%)
- Ardent Products Limited
33.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Ardent Products Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (62)
- Ardent Products Limited
62 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Ardent Products Limited
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £201.9k, this is more efficient (£171.1k)
- Ardent Products Limited
£171.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (59 days)
- Ardent Products Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 404 days, this is slower than average (36 days)
- Ardent Products Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ardent Products Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ardent Products Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 183.6%, this is a higher level of debt than the average (48.8%)
183.6% - Ardent Products Limited
48.8% - Industry AVG
ARDENT PRODUCTS LIMITED financials
Ardent Products Limited's latest turnover from March 2022 is estimated at £201.9 thousand and the company has net assets of -£149.2 thousand. According to their latest financial statements, we estimate that Ardent Products Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 178,424 | 178,424 | 178,424 | 178,424 | 178,424 | 178,424 | 40,350 | 40,350 | 40,350 | 40,350 | 0 | 0 | 40,350 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 138,074 | 138,074 | 138,074 | 138,074 | 0 | 0 | 138,074 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,551 | 0 | 0 | 0 |
| Total Fixed Assets | 178,425 | 178,425 | 178,425 | 178,425 | 178,425 | 178,425 | 178,425 | 178,425 | 178,424 | 183,975 | 0 | 0 | 178,425 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 | 0 | 0 | 3,116 |
| Trade Debtors | 1 | 1 | 1 | 2 | 8 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 6,835 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 38 | 0 | 1,024 | 0 | 0 | 40 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1 | 1 | 1 | 2 | 8 | 15 | 29 | 38 | 0 | 1,624 | 0 | 0 | 9,991 |
| total assets | 178,426 | 178,426 | 178,426 | 178,427 | 178,433 | 178,440 | 178,454 | 178,463 | 178,424 | 185,599 | 0 | 0 | 188,416 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 177,647 | 177,647 | 177,647 | 177,647 | 177,647 | 177,647 | 170,606 | 190,376 | 201,713 | 231,663 | 0 | 0 | 204,879 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 177,647 | 177,647 | 177,647 | 177,647 | 177,647 | 177,647 | 170,606 | 190,376 | 201,713 | 231,663 | 0 | 0 | 204,879 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 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 |
| other liabilities | 150,000 | 150,000 | 150,000 | 161,000 | 171,000 | 200,000 | 240,000 | 240,000 | 247,717 | 228,320 | 0 | 0 | 240,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 150,000 | 150,000 | 150,000 | 161,000 | 171,000 | 200,000 | 240,000 | 240,000 | 247,717 | 228,320 | 0 | 0 | 240,000 |
| total liabilities | 327,647 | 327,647 | 327,647 | 338,647 | 348,647 | 377,647 | 410,606 | 430,376 | 449,430 | 459,983 | 0 | 0 | 444,879 |
| net assets | -149,221 | -149,221 | -149,221 | -160,220 | -170,214 | -199,207 | -232,152 | -251,913 | -271,006 | -274,384 | 0 | 0 | -256,463 |
| total shareholders funds | -149,221 | -149,221 | -149,221 | -160,220 | -170,214 | -199,207 | -232,152 | -251,913 | -271,006 | -274,384 | 0 | 0 | -256,463 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -600 | 600 | 0 | -3,116 | 3,116 |
| Debtors | 0 | 0 | -1 | -6 | -7 | 15 | 0 | 0 | -5,551 | 5,551 | 0 | -6,835 | 6,835 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 7,041 | -19,770 | -11,337 | -29,950 | 231,663 | 0 | -204,879 | 204,879 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | -1 | 1 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -11,000 | -10,000 | -29,000 | -40,000 | 0 | -7,717 | 19,397 | 228,320 | 0 | -240,000 | 240,000 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -29 | -9 | 38 | -1,024 | 1,024 | 0 | -40 | 40 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -29 | -9 | 38 | -1,024 | 1,024 | 0 | -40 | 40 |
ardent products limited Credit Report and Business Information
Ardent Products Limited Competitor Analysis
Perform a competitor analysis for ardent products limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in HX5 area or any other competitors across 12 key performance metrics.
ardent products limited Ownership
ARDENT PRODUCTS LIMITED group structure
Ardent Products Limited has no subsidiary companies.
Ultimate parent company
ARDENT PRODUCTS LIMITED
05024903
ardent products limited directors
Ardent Products Limited currently has 1 director, Mr Adetokunbo Adeniji serving since Jan 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adetokunbo Adeniji | England | 55 years | Jan 2004 | - | Director |
P&L
March 2022turnover
201.9k
+4%
operating profit
0
0%
gross margin
20.7%
-3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-149.2k
0%
total assets
178.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
ardent products limited company details
company number
05024903
Type
Private limited with Share Capital
industry
27400 - Manufacture of electric lighting equipment
incorporation date
January 2004
age
20
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
ardent lighting limited (October 2004)
last accounts submitted
March 2022
address
apartment g9, ashgrove house, elland road, elland, HX5 9JB
accountant
-
auditor
-
ardent products 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 ardent products limited.
ardent products limited Companies House Filings - See Documents
| date | description | view/download |
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