Management of real estate on a fee or contract basis
Registered Address
140 aldersgate street, london, EC1A 4HY
Website
-
adriatic land 1 (gr3) limitedEstimated Valuation
£5m
Pomanda estimates the enterprise value of ADRIATIC LAND 1 (GR3) LIMITED at £5m based on a Turnover of £2.1m and 2.4x industry multiple (adjusted for size and gross margin).
adriatic land 1 (gr3) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ADRIATIC LAND 1 (GR3) LIMITED at £0 based on an EBITDA of £-9.5m and a 6.33x industry multiple (adjusted for size and gross margin).
adriatic land 1 (gr3) limitedEstimated Valuation
£3.7m
Pomanda estimates the enterprise value of ADRIATIC LAND 1 (GR3) LIMITED at £3.7m based on Net Assets of £2m and 1.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Adriatic Land 1 (gr3) LimitedOverview
Adriatic Land 1 (gr3) Limited is a live company located in london, EC1A 4HY with a Companies House number of 05489411. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in June 2005, it's largest shareholder is
abacus land 4 limited
with a 100% stake. Adriatic Land 1 (gr3) Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Adriatic Land 1 (Gr3) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.1m, make it larger than the average company (£414k)
£2.1m - Adriatic Land 1 (gr3) Limited
£414k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (6.1%)
-34% - Adriatic Land 1 (gr3) Limited
6.1% - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Adriatic Land 1 (gr3) Limited
58% - Industry AVG
Profitability
an operating margin of -452.2% make it less profitable than the average company (7.7%)
-452.2% - Adriatic Land 1 (gr3) Limited
7.7% - Industry AVG
Employees
with 21 employees, this is above the industry average (6)
21 - Adriatic Land 1 (gr3) Limited
6 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
£40k - Adriatic Land 1 (gr3) Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £99.9k, this is equally as efficient (£101.5k)
£99.9k - Adriatic Land 1 (gr3) Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (46 days)
155 days - Adriatic Land 1 (gr3) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 331 days, this is slower than average (30 days)
331 days - Adriatic Land 1 (gr3) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adriatic Land 1 (gr3) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (46 weeks)
1 weeks - Adriatic Land 1 (gr3) Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (60.2%)
95.3% - Adriatic Land 1 (gr3) Limited
60.2% - Industry AVG
ADRIATIC LAND 1 (GR3) LIMITED financials
EXPORT
Adriatic Land 1 (Gr3) Limited's latest turnover from March 2024 is £2.1 million and the company has net assets of £2 million. According to their latest financial statements, we estimate that Adriatic Land 1 (Gr3) Limited has 21 employees and maintains cash reserves of £655 thousand 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
Jul 2011
Jul 2010
Jul 2009
Turnover
2,098,000
1,181,000
12,319,000
7,177,000
1,485,000
1,596,000
1,426,000
4,741,000
1,932,000
777,000
839,000
1,253,000
599,028
916,554
951,435
837,258
Other Income Or Grants
Cost Of Sales
880,251
393,682
4,172,412
2,308,222
343,222
336,296
344,868
1,128,464
984,066
-3,000
5,000
599,000
300,066
467,958
275,917
121,737
Gross Profit
1,217,749
787,318
8,146,588
4,868,778
1,141,778
1,259,704
1,081,132
3,612,536
947,934
780,000
834,000
654,000
298,962
448,596
675,518
715,521
Admin Expenses
10,705,749
4,230,318
-3,749,412
-2,015,222
10,470,778
583,704
-207,868
-793,464
-644,066
-351,000
-6,667,000
-458,000
65,860
118,700
411,634
429,287
Operating Profit
-9,488,000
-3,443,000
11,896,000
6,884,000
-9,329,000
676,000
1,289,000
4,406,000
1,592,000
1,131,000
7,501,000
1,112,000
233,102
329,896
263,884
286,234
Interest Payable
2,170,000
2,083,000
2,025,000
1,968,000
1,906,000
1,917,000
1,877,000
258,000
262,000
264,000
263,000
233,000
164,396
587,311
258,490
270,610
Interest Receivable
1,000
4,000
1,000
1,000
3,000
2,000
1,000
640
8,038
Pre-Tax Profit
-11,658,000
-5,526,000
9,872,000
4,916,000
-11,235,000
-1,237,000
-587,000
4,148,000
1,331,000
870,000
7,240,000
880,000
142,896
-259,693
13,432
15,624
Tax
-158,000
31,000
-105,000
-36,000
-3,000
-41,000
-5,000
72,058
-46,913
-6,230
Profit After Tax
-11,816,000
-5,526,000
9,872,000
4,916,000
-11,204,000
-1,342,000
-587,000
4,112,000
1,331,000
867,000
7,199,000
875,000
142,896
-187,635
-33,481
9,394
Dividends Paid
Retained Profit
-11,816,000
-5,526,000
9,872,000
4,916,000
-11,204,000
-1,342,000
-587,000
4,112,000
1,331,000
867,000
7,199,000
875,000
142,896
-187,635
-33,481
9,394
Employee Costs
839,245
551,992
5,626,924
3,231,591
640,326
629,024
540,396
1,682,306
565,556
229,968
229,048
378,993
32,000
93,814
211,443
320,965
Number Of Employees
21
14
153
92
19
19
17
53
16
7
7
12
2
2
4
6
EBITDA*
-9,488,000
-3,443,000
11,896,000
6,884,000
-9,329,000
676,000
1,289,000
4,406,000
1,592,000
1,131,000
7,501,000
1,112,000
233,102
329,896
265,621
287,483
* 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
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
40,212,000
51,612,000
53,604,000
43,038,000
37,417,000
47,199,000
48,476,000
48,416,000
18,829,000
17,668,000
16,946,000
9,517,000
7,870,000
7,822,278
6,869,641
Intangible Assets
Investments & Other
40,212,000
51,612,000
53,604,000
43,038,000
37,417,000
47,199,000
48,476,000
48,416,000
18,829,000
17,668,000
16,946,000
9,517,000
9,037,000
837,000
837,000
837,000
Debtors (Due After 1 year)
Total Fixed Assets
40,212,000
51,612,000
53,604,000
43,038,000
37,417,000
47,199,000
48,476,000
48,416,000
18,829,000
17,668,000
16,946,000
9,517,000
9,037,000
8,707,000
8,659,278
7,706,641
Stock & work in progress
Trade Debtors
894,000
764,000
1,006,000
673,000
522,000
404,000
675,000
243,000
186,000
197,000
282,000
255,000
207,465
129,362
179,062
212,219
Group Debtors
57,000
121,102
93,110
40,953
148,913
Misc Debtors
1,223,000
477,000
171,000
172,000
98,000
419,000
313,000
53,000
372,000
297,000
292,000
275,000
419,214
69,636
81,179
306,635
Cash
655,000
550,000
468,000
809,000
922,000
1,297,000
1,248,000
1,657,000
682,000
583,000
524,000
80,000
57,389
22,213
11,421
23,230
misc current assets
total current assets
2,772,000
1,791,000
1,645,000
1,654,000
1,542,000
2,120,000
2,236,000
1,953,000
1,240,000
1,077,000
1,098,000
667,000
805,170
314,321
312,615
690,997
total assets
42,984,000
53,403,000
55,249,000
44,692,000
38,959,000
49,319,000
50,712,000
50,369,000
20,069,000
18,745,000
18,044,000
10,184,000
9,842,170
9,021,321
8,971,893
8,397,638
Bank overdraft
177,044
152,430
Bank loan
5,337,000
5,543,675
5,641,524
Trade Creditors
799,000
772,000
683,000
661,000
635,000
129,000
79,000
107,000
195,000
214,000
101,000
219,000
981
6,230
6,175
14,233
Group/Directors Accounts
625,495
453,136
122,651
180,442
other short term finances
18,712,000
hp & lease commitments
other current liabilities
29,105,000
27,538,000
23,761,000
22,944,000
21,961,000
21,345,000
21,207,000
1,314,000
838,000
748,000
962,000
892,000
810,515
427,723
315,885
600,383
total current liabilities
29,904,000
28,310,000
24,444,000
23,605,000
22,596,000
21,474,000
21,286,000
20,133,000
1,033,000
962,000
1,063,000
6,448,000
6,980,666
6,528,613
621,755
947,488
loans
11,059,000
11,256,000
11,442,000
11,596,000
11,788,000
12,066,000
12,305,000
12,528,000
5,440,000
5,518,000
5,583,000
5,582,165
4,983,652
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
44,323
total long term liabilities
11,059,000
11,256,000
11,442,000
11,596,000
11,788,000
12,066,000
12,305,000
12,528,000
5,440,000
5,518,000
5,583,000
5,626,488
4,983,652
total liabilities
40,963,000
39,566,000
35,886,000
35,201,000
34,384,000
33,540,000
33,591,000
32,661,000
6,473,000
6,480,000
6,646,000
6,448,000
6,980,666
6,528,613
6,248,243
5,931,140
net assets
2,021,000
13,837,000
19,363,000
9,491,000
4,575,000
15,779,000
17,121,000
17,708,000
13,596,000
12,265,000
11,398,000
3,736,000
2,861,504
2,492,708
2,723,650
2,466,498
total shareholders funds
2,021,000
13,837,000
19,363,000
9,491,000
4,575,000
15,779,000
17,121,000
17,708,000
13,596,000
12,265,000
11,398,000
3,736,000
2,861,504
2,492,708
2,723,650
2,466,498
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
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-9,488,000
-3,443,000
11,896,000
6,884,000
-9,329,000
676,000
1,289,000
4,406,000
1,592,000
1,131,000
7,501,000
1,112,000
233,102
329,896
263,884
286,234
Depreciation
1,737
1,249
Amortisation
Tax
-158,000
31,000
-105,000
-36,000
-3,000
-41,000
-5,000
72,058
-46,913
-6,230
Stock
Debtors
876,000
64,000
332,000
225,000
-203,000
-165,000
692,000
-262,000
64,000
-80,000
-13,000
-160,781
455,673
-9,086
-366,573
667,767
Creditors
27,000
89,000
22,000
26,000
506,000
50,000
-28,000
-88,000
-19,000
113,000
-118,000
218,019
-5,249
55
-8,058
14,233
Accruals and Deferred Income
1,567,000
3,777,000
817,000
983,000
616,000
138,000
19,893,000
476,000
90,000
-214,000
70,000
81,485
382,792
111,838
-284,498
600,383
Deferred Taxes & Provisions
-44,323
44,323
Cash flow from operations
-8,928,000
359,000
12,403,000
7,668,000
-7,973,000
924,000
20,462,000
5,020,000
1,599,000
1,107,000
7,425,000
1,567,285
154,972
478,610
337,048
228,102
Investing Activities
capital expenditure
11,400,000
1,992,000
-10,566,000
-5,621,000
9,782,000
1,277,000
-60,000
-29,587,000
-1,161,000
-722,000
-7,429,000
-9,517,000
7,870,000
-47,722
-954,374
-6,870,890
Change in Investments
-11,400,000
-1,992,000
10,566,000
5,621,000
-9,782,000
-1,277,000
60,000
29,587,000
1,161,000
722,000
7,429,000
480,000
8,200,000
837,000
cash flow from investments
22,800,000
3,984,000
-21,132,000
-11,242,000
19,564,000
2,554,000
-120,000
-59,174,000
-2,322,000
-1,444,000
-14,858,000
-9,997,000
-330,000
-47,722
-954,374
-7,707,890
Financing Activities
Bank loans
-5,337,000
-206,675
-97,849
5,641,524
Group/Directors Accounts
-625,495
172,359
330,485
-57,791
180,442
Other Short Term Loans
-18,712,000
18,712,000
Long term loans
-197,000
-186,000
-154,000
-192,000
-278,000
-239,000
-223,000
7,088,000
-78,000
-65,000
5,583,000
-5,582,165
598,513
4,983,652
Hire Purchase and Lease Commitments
other long term liabilities
share issue
463,000
-504
225,900
-43,307
290,633
2,457,104
interest
-2,170,000
-2,083,000
-2,024,000
-1,968,000
-1,906,000
-1,913,000
-1,876,000
-258,000
-261,000
-261,000
-261,000
-232,000
-163,756
-587,311
-250,452
-270,610
cash flow from financing
-2,367,000
-2,269,000
-2,178,000
-2,160,000
-2,184,000
-2,152,000
-20,811,000
25,542,000
-339,000
-326,000
448,000
-1,064,674
136,654
-240,774
580,903
7,350,588
cash and cash equivalents
cash
105,000
82,000
-341,000
-113,000
-375,000
49,000
-409,000
975,000
99,000
59,000
444,000
22,611
35,176
10,792
-11,809
23,230
overdraft
-177,044
24,614
152,430
change in cash
105,000
82,000
-341,000
-113,000
-375,000
49,000
-409,000
975,000
99,000
59,000
444,000
22,611
35,176
187,836
-36,423
-129,200
adriatic land 1 (gr3) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for adriatic land 1 (gr3) limited. Get real-time insights into adriatic land 1 (gr3) limited's credit score, group structure and payment trends.
Perform a competitor analysis for adriatic land 1 (gr3) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC1A area or any other competitors across 12 key performance metrics.
adriatic land 1 (gr3) limited Ownership
ADRIATIC LAND 1 (GR3) LIMITED group structure
Adriatic Land 1 (Gr3) Limited has 1 subsidiary company.
The sole shareholder of Adriatic Land 1 (Gr3) Limited is Abacus Land 4 Limited.
abacus land 4 limited
100%
adriatic land 1 (gr3) limited directors
Adriatic Land 1 (Gr3) Limited currently has 3 directors.
The longest serving directors include
Mr Adrian Jeffery (Apr 2019) and
Mr Sean Martin (Jul 2023).
68320 - Management of real estate on a fee or contract basis
incorporation date
June 2005
age
20
incorporated
UK
ultimate parent company
APEX GROUP FIDUCIARY SERVICES LTD
accounts
Full Accounts
last accounts submitted
March 2024
previous names
uk ground rent estates limited (October 2013)
accountant
-
auditor
DELOITTE LLP
address
140 aldersgate street, london, EC1A 4HY
Bank
-
Legal Advisor
-
adriatic land 1 (gr3) 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 adriatic land 1 (gr3) limited.
adriatic land 1 (gr3) 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 ADRIATIC LAND 1 (GR3) LIMITED. This can take several minutes, an email will notify you when this has completed.
adriatic land 1 (gr3) limitedCompanies House Filings - See Documents
