acrylicize limited

acrylicize limited Company Information

Share ACRYLICIZE LIMITED
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MatureMidRapid

Company Number

05042992

Industry

Artistic creation

 

Shareholders

paul arad

james burke

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Group Structure

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Contact

Registered Address

55 loudoun road, london, NW8 0DL

acrylicize limited Estimated Valuation

£9.6m

Pomanda estimates the enterprise value of ACRYLICIZE LIMITED at £9.6m based on a Turnover of £14.5m and 0.66x industry multiple (adjusted for size and gross margin).

acrylicize limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ACRYLICIZE LIMITED at £0 based on an EBITDA of £-452.8k and a 8.6x industry multiple (adjusted for size and gross margin).

acrylicize limited Estimated Valuation

£157.4k

Pomanda estimates the enterprise value of ACRYLICIZE LIMITED at £157.4k based on Net Assets of £123.2k and 1.28x industry multiple (adjusted for liquidity).

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Acrylicize Limited Overview

Acrylicize Limited is a live company located in london, NW8 0DL with a Companies House number of 05042992. It operates in the artistic creation sector, SIC Code 90030. Founded in February 2004, it's largest shareholder is paul arad with a 50% stake. Acrylicize Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.5m with rapid growth in recent years.

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Acrylicize Limited Health Check

Pomanda's financial health check has awarded Acrylicize 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

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £14.5m, make it larger than the average company (£317.2k)

£14.5m - Acrylicize Limited

£317.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (8.6%)

30% - Acrylicize Limited

8.6% - Industry AVG

production

Production

with a gross margin of 47.5%, this company has a comparable cost of product (47.5%)

47.5% - Acrylicize Limited

47.5% - Industry AVG

profitability

Profitability

an operating margin of -3.6% make it less profitable than the average company (2.2%)

-3.6% - Acrylicize Limited

2.2% - Industry AVG

employees

Employees

with 36 employees, this is above the industry average (6)

36 - Acrylicize Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)

£27.8k - Acrylicize Limited

£27.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £402.2k, this is more efficient (£71.6k)

£402.2k - Acrylicize Limited

£71.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is later than average (15 days)

31 days - Acrylicize Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is slower than average (20 days)

25 days - Acrylicize Limited

20 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acrylicize Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (114 weeks)

14 weeks - Acrylicize Limited

114 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (27.3%)

95.1% - Acrylicize Limited

27.3% - Industry AVG

ACRYLICIZE LIMITED financials

EXPORTms excel logo

Acrylicize Limited's latest turnover from March 2024 is estimated at £14.5 million and the company has net assets of £123.2 thousand. According to their latest financial statements, Acrylicize Limited has 36 employees and maintains cash reserves of £638.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover14,479,3528,054,38912,949,4036,521,0389,644,9517,675,9293,910,8834,624,0487,128,93710,066,0234,067,0642,018,0161,982,5851,039,156521,849
Other Income Or Grants000000000000000
Cost Of Sales7,603,0213,914,7575,368,9522,949,9563,910,8383,320,3911,682,8082,048,7343,340,7474,421,7651,651,630833,502848,697477,447206,164
Gross Profit6,876,3314,139,6327,580,4513,571,0825,734,1134,355,5382,228,0752,575,3143,788,1905,644,2572,415,4341,184,5141,133,888561,709315,686
Admin Expenses7,398,0914,499,1777,158,7183,340,2455,584,5844,507,2422,459,5492,204,9523,769,7085,287,7182,374,2821,151,7191,133,993596,814265,469
Operating Profit-521,760-359,545421,733230,837149,529-151,704-231,474370,36218,482356,53941,15232,795-105-35,10550,217
Interest Payable0002872870000000000
Interest Receivable35,24332,1515,1516628087,3294,7401,5051,307316967152314262
Pre-Tax Profit-486,517-327,394426,884231,212150,049-144,375-226,734371,86819,789356,85641,24832,866-53-34,79150,479
Tax00-81,108-43,930-28,50900-74,373-3,958-74,940-9,487-7,88800-14,134
Profit After Tax-486,517-327,394345,776187,282121,540-144,375-226,734297,49415,831281,91631,76124,978-53-34,79136,345
Dividends Paid000000000000000
Retained Profit-486,517-327,394345,776187,282121,540-144,375-226,734297,49415,831281,91631,76124,978-53-34,79136,345
Employee Costs1,002,5611,086,443805,326695,961592,851445,270473,905557,8982,376,5593,616,6691,474,828778,077757,405379,065206,936
Number Of Employees364131272418192292133542929158
EBITDA*-452,835-267,199434,939251,967180,119-112,724-196,883400,40845,930362,97047,12639,2522,224-32,63952,092

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets171,097227,34048,05940,11452,98677,596100,888103,126103,18025,72423,89225,8269,3189,8757,501
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets171,097227,34048,05940,11452,98677,596100,888103,126103,18025,72423,89225,8269,3189,8757,501
Stock & work in progress0035,6854,5866224,998198,32100000000
Trade Debtors1,264,663701,9521,295,979540,5461,031,601791,958377,696436,794447,120625,953265,493141,373143,23882,03139,622
Group Debtors000000000000000
Misc Debtors416,381756,678729,654319,280839,944579,531247,471177,56058,036000000
Cash638,676703,896809,086564,621759,216856,3681,098,091797,853406,277116,48910,00828,499020,918104,865
misc current assets000000000000000
total current assets2,319,7202,162,5262,870,4041,429,0332,631,3832,232,8551,921,5791,412,207911,433742,442275,501169,872143,238102,949144,487
total assets2,490,8172,389,8662,918,4631,469,1472,684,3692,310,4512,022,4671,515,3331,014,613768,166299,393195,698152,556112,824151,988
Bank overdraft00009,4090000000000
Bank loan000000000000000
Trade Creditors 530,398209,095474,636232,578455,448445,108361,019247,129241,119427,906241,049169,115147,569101,984100,557
Group/Directors Accounts39,657168,9000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,754,8251,353,2631,497,622637,6491,805,4291,570,1871,215,538614,619417,403000000
total current liabilities2,324,8801,731,2581,972,258870,2272,270,2862,015,2951,576,557861,748658,522427,906241,049169,115147,569101,984100,557
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000003,3849,18414,984
provisions42,77448,9289,1317,62210,06712,68019,05900000000
total long term liabilities42,77448,9289,1317,62210,06712,68019,059000003,3849,18414,984
total liabilities2,367,6541,780,1861,981,389877,8492,280,3532,027,9751,595,616861,748658,522427,906241,049169,115150,953111,168115,541
net assets123,163609,680937,074591,298404,016282,476426,851653,585356,091340,26058,34426,5831,6031,65636,447
total shareholders funds123,163609,680937,074591,298404,016282,476426,851653,585356,091340,26058,34426,5831,6031,65636,447
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-521,760-359,545421,733230,837149,529-151,704-231,474370,36218,482356,53941,15232,795-105-35,10550,217
Depreciation68,92592,34613,20621,13030,59038,98034,59130,04627,4486,4315,9746,4572,3292,4661,875
Amortisation000000000000000
Tax00-81,108-43,930-28,50900-74,373-3,958-74,940-9,487-7,88800-14,134
Stock0-35,68531,0993,964-4,376-193,323198,32100000000
Debtors222,414-567,0031,165,807-1,011,719500,056746,32210,813109,198-120,797360,460124,120-1,86561,20742,40939,622
Creditors321,303-265,541242,058-222,87010,34084,089113,8906,010-186,787186,85771,93421,54645,5851,427100,557
Accruals and Deferred Income401,562-144,359859,973-1,167,780235,242354,649600,919197,216417,403000000
Deferred Taxes & Provisions-6,15439,7971,509-2,445-2,613-6,37919,05900000000
Cash flow from operations41,462-34,614260,465-177,303-101,101-233,364327,851420,063393,385114,427-14,54754,775-13,398-73,62198,893
Investing Activities
capital expenditure-12,682-271,627-21,151-8,258-5,980-15,688-32,353-29,992-104,904-8,263-4,040-22,965-1,772-4,840-9,376
Change in Investments000000000000000
cash flow from investments-12,682-271,627-21,151-8,258-5,980-15,688-32,353-29,992-104,904-8,263-4,040-22,965-1,772-4,840-9,376
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-129,243168,9000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000000-3,384-5,800-5,80014,984
share issue00000000000200102
interest35,24332,1515,1513755217,3294,7401,5051,307316967152314262
cash flow from financing-94,000201,0515,1513755217,3294,7401,5051,30731696-3,311-5,748-5,48615,348
cash and cash equivalents
cash-65,220-105,190244,465-194,595-97,152-241,723300,238391,576289,788106,481-18,49128,499-20,918-83,947104,865
overdraft000-9,4099,4090000000000
change in cash-65,220-105,190244,465-185,186-106,561-241,723300,238391,576289,788106,481-18,49128,499-20,918-83,947104,865

acrylicize 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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Acrylicize Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for acrylicize limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in NW8 area or any other competitors across 12 key performance metrics.

acrylicize limited Ownership

ACRYLICIZE LIMITED group structure

Acrylicize Limited has no subsidiary companies.

Ultimate parent company

ACRYLICIZE LIMITED

05042992

ACRYLICIZE LIMITED Shareholders

paul arad 49.99%
james burke 49.99%
jodie arad 0.01%
anna burke 0.01%

acrylicize limited directors

Acrylicize Limited currently has 2 directors. The longest serving directors include Mr James Burke (Feb 2004) and Mr Paul Arad (Feb 2004).

officercountryagestartendrole
Mr James BurkeUnited Kingdom43 years Feb 2004- Director
Mr Paul AradUnited Kingdom44 years Feb 2004- Director

P&L

March 2024

turnover

14.5m

+80%

operating profit

-521.8k

0%

gross margin

47.5%

-7.6%

turnover

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

Balance Sheet

March 2024

net assets

123.2k

-0.8%

total assets

2.5m

+0.04%

cash

638.7k

-0.09%

net assets

Total assets minus all liabilities

acrylicize limited company details

company number

05042992

Type

Private limited with Share Capital

industry

90030 - Artistic creation

incorporation date

February 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

brill solutions limited (February 2004)

accountant

MGR SD LIMITED

auditor

-

address

55 loudoun road, london, NW8 0DL

Bank

-

Legal Advisor

-

acrylicize 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 3 charges/mortgages relating to acrylicize limited. Currently there are 2 open charges and 1 have been satisfied in the past.

acrylicize 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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acrylicize limited Companies House Filings - See Documents

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