abstract ideas limited
abstract ideas limited Company Information
Company Number
05172106
Next Accounts
Dec 2025
Shareholders
ms amrita ramlochan
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
24 birchgrove house, strand drive, richmond, TW9 4DN
Website
-abstract ideas limited Estimated Valuation
Pomanda estimates the enterprise value of ABSTRACT IDEAS LIMITED at £320.1k based on a Turnover of £588.1k and 0.54x industry multiple (adjusted for size and gross margin).
abstract ideas limited Estimated Valuation
Pomanda estimates the enterprise value of ABSTRACT IDEAS LIMITED at £0 based on an EBITDA of £-547 and a 3.72x industry multiple (adjusted for size and gross margin).
abstract ideas limited Estimated Valuation
Pomanda estimates the enterprise value of ABSTRACT IDEAS LIMITED at £0 based on Net Assets of £-9.5k and 2.26x industry multiple (adjusted for liquidity).
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Abstract Ideas Limited Overview
Abstract Ideas Limited is a live company located in richmond, TW9 4DN with a Companies House number of 05172106. It operates in the other information technology service activities sector, SIC Code 62090. Founded in July 2004, it's largest shareholder is ms amrita ramlochan with a 100% stake. Abstract Ideas Limited is a mature, small sized company, Pomanda has estimated its turnover at £588.1k with healthy growth in recent years.
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Abstract Ideas Limited Health Check
Pomanda's financial health check has awarded Abstract Ideas Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £588.1k, make it smaller than the average company (£7.5m)
- Abstract Ideas Limited
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9%)
- Abstract Ideas Limited
9% - Industry AVG
Production
with a gross margin of 24.3%, this company has a higher cost of product (48.1%)
- Abstract Ideas Limited
48.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4%)
- Abstract Ideas Limited
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (42)
- Abstract Ideas Limited
42 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Abstract Ideas Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £294k, this is more efficient (£177.1k)
- Abstract Ideas Limited
£177.1k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (51 days)
- Abstract Ideas Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (35 days)
- Abstract Ideas Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abstract Ideas Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abstract Ideas Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.2%, this is a higher level of debt than the average (62.8%)
106.2% - Abstract Ideas Limited
62.8% - Industry AVG
ABSTRACT IDEAS LIMITED financials
Abstract Ideas Limited's latest turnover from March 2024 is estimated at £588.1 thousand and the company has net assets of -£9.5 thousand. According to their latest financial statements, we estimate that Abstract Ideas Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,905 | 24,825 | 26,451 | 25,645 | 22,625 | 23,575 | 19,532 | ||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 22,905 | 24,825 | 26,451 | 25,645 | 22,625 | 23,575 | 19,532 | ||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 22,905 | 24,825 | 26,451 | 25,645 | 22,625 | 23,575 | 19,532 | ||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 8,056 | 10,201 | 7,955 | 9,484 | 6,527 | 9,493 | 6,826 | ||||||||
| Tax | -1,668 | -2,112 | -1,267 | -1,910 | -1,336 | -2,063 | -1,290 | ||||||||
| Profit After Tax | 6,388 | 8,089 | 6,688 | 7,574 | 5,191 | 7,430 | 5,536 | ||||||||
| Dividends Paid | 6,000 | 6,000 | 5,000 | 8,500 | 7,000 | 15,200 | 4,000 | ||||||||
| Retained Profit | 388 | 2,089 | 1,688 | -926 | -1,809 | -7,770 | 1,536 | ||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 23,285 | 25,300 | 27,045 | 25,869 | 22,998 | 24,173 | 20,189 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 254 | 318 | 398 | 497 | 621 | 776 | 970 | 1,215 | 1,519 | 1,899 | 2,374 | 894 | 1,117 | 1,490 | 2,088 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 254 | 318 | 398 | 497 | 621 | 776 | 970 | 1,215 | 1,519 | 1,899 | 2,374 | 894 | 1,117 | 1,490 | 2,088 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 154,388 | 154,690 | 150,693 | 140,098 | 132,344 | 119,704 | 100,709 | 77,818 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 54,465 | 31,621 | 6,967 | 207 | 1 | 1,973 | 15,878 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 154,388 | 154,690 | 150,693 | 140,098 | 132,344 | 119,704 | 100,709 | 77,818 | 54,465 | 31,621 | 6,967 | 207 | 1 | 1,973 | 15,878 |
| total assets | 154,642 | 155,008 | 151,091 | 140,595 | 132,965 | 120,480 | 101,679 | 79,033 | 55,984 | 33,520 | 9,341 | 1,101 | 1,118 | 3,463 | 17,966 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 164,191 | 164,010 | 156,011 | 144,768 | 137,036 | 123,863 | 104,175 | 78,922 | 1,378 | 1,328 | 1,299 | 1,234 | 1,085 | 984 | 780 |
| Group/Directors Accounts | 51,267 | 28,797 | 7,581 | 451 | 265 | 175 | 7,885 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,668 | 2,112 | 1,267 | 1,910 | 1,336 | 2,063 | 1,290 | ||||||||
| total current liabilities | 164,191 | 164,010 | 156,011 | 144,768 | 137,036 | 123,863 | 104,175 | 78,922 | 54,313 | 32,237 | 10,147 | 3,595 | 2,686 | 3,222 | 9,955 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 164,191 | 164,010 | 156,011 | 144,768 | 137,036 | 123,863 | 104,175 | 78,922 | 54,313 | 32,237 | 10,147 | 3,595 | 2,686 | 3,222 | 9,955 |
| net assets | -9,549 | -9,002 | -4,920 | -4,173 | -4,071 | -3,383 | -2,496 | 111 | 1,671 | 1,283 | -806 | -2,494 | -1,568 | 241 | 8,011 |
| total shareholders funds | -9,549 | -9,002 | -4,920 | -4,173 | -4,071 | -3,383 | -2,496 | 111 | 1,671 | 1,283 | -806 | -2,494 | -1,568 | 241 | 8,011 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 22,905 | 24,825 | 26,451 | 25,645 | 22,625 | 23,575 | 19,532 | ||||||||
| Depreciation | 380 | 475 | 594 | 224 | 373 | 598 | 657 | ||||||||
| Amortisation | |||||||||||||||
| Tax | -1,668 | -2,112 | -1,267 | -1,910 | -1,336 | -2,063 | -1,290 | ||||||||
| Stock | |||||||||||||||
| Debtors | -302 | 3,997 | 10,595 | 7,754 | 12,640 | 18,995 | 22,891 | 77,818 | |||||||
| Creditors | 181 | 7,999 | 11,243 | 7,732 | 13,173 | 19,688 | 25,253 | 77,544 | 50 | 29 | 65 | 149 | 101 | 204 | 780 |
| Accruals and Deferred Income | -1,668 | -444 | 845 | -643 | 574 | -727 | 773 | 1,290 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 21,223 | 24,062 | 25,200 | 24,682 | 21,036 | 23,087 | 20,969 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -51,267 | 22,470 | 21,216 | 7,130 | 186 | 90 | -7,710 | 7,885 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 22,470 | 21,216 | 7,130 | 186 | 90 | -7,710 | 14,360 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -54,465 | 22,844 | 24,654 | 6,760 | 206 | -1,972 | -13,905 | 15,878 | |||||||
| overdraft | |||||||||||||||
| change in cash | -54,465 | 22,844 | 24,654 | 6,760 | 206 | -1,972 | -13,905 | 15,878 |
abstract ideas limited Credit Report and Business Information
Abstract Ideas Limited Competitor Analysis
Perform a competitor analysis for abstract ideas limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in TW9 area or any other competitors across 12 key performance metrics.
abstract ideas limited Ownership
ABSTRACT IDEAS LIMITED group structure
Abstract Ideas Limited has no subsidiary companies.
Ultimate parent company
ABSTRACT IDEAS LIMITED
05172106
abstract ideas limited directors
Abstract Ideas Limited currently has 2 directors. The longest serving directors include Miss Amrita Ramlochan (Jul 2004) and Mr John Healy (Jan 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Amrita Ramlochan | England | 47 years | Jul 2004 | - | Director |
| Mr John Healy | England | 76 years | Jan 2005 | - | Director |
P&L
March 2024turnover
588.1k
+8%
operating profit
-547
0%
gross margin
24.4%
-3.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-9.5k
+0.06%
total assets
154.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
abstract ideas limited company details
company number
05172106
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
July 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
24 birchgrove house, strand drive, richmond, TW9 4DN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
abstract ideas 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 abstract ideas limited.
abstract ideas 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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abstract ideas limited Companies House Filings - See Documents
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