article 25

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article 25 Company Information

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Company Number

05608022

Shareholders

-

Group Structure

View All

Industry

Development of building projects

 

Registered Address

6th floor, one canada square, 6th floor, one canada square, london, E14 5AB

article 25 Estimated Valuation

£656.2k

Pomanda estimates the enterprise value of ARTICLE 25 at £656.2k based on a Turnover of £1.3m and 0.49x industry multiple (adjusted for size and gross margin).

article 25 Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of ARTICLE 25 at £1.1m based on an EBITDA of £276k and a 3.87x industry multiple (adjusted for size and gross margin).

article 25 Estimated Valuation

£364.9k

Pomanda estimates the enterprise value of ARTICLE 25 at £364.9k based on Net Assets of £258.3k and 1.41x industry multiple (adjusted for liquidity).

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Article 25 Overview

Article 25 is a live company located in london, E14 5AB with a Companies House number of 05608022. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2005, it's largest shareholder is unknown. Article 25 is a mature, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Article 25 Health Check

Pomanda's financial health check has awarded Article 25 a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£2.2m)

£1.3m - Article 25

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (3.4%)

21% - Article 25

3.4% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)

26.9% - Article 25

26.9% - Industry AVG

profitability

Profitability

an operating margin of 20.6% make it more profitable than the average company (7.2%)

20.6% - Article 25

7.2% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (6)

8 - Article 25

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.8k, the company has an equivalent pay structure (£47.1k)

£48.8k - Article 25

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £167.6k, this is less efficient (£269.6k)

£167.6k - Article 25

£269.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Article 25

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Article 25

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Article 25

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 91 weeks, this is more cash available to meet short term requirements (13 weeks)

91 weeks - Article 25

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54%, this is a lower level of debt than the average (73.4%)

54% - Article 25

73.4% - Industry AVG

ARTICLE 25 financials

EXPORTms excel logo

Article 25's latest turnover from August 2023 is £1.3 million and the company has net assets of £258.3 thousand. According to their latest financial statements, Article 25 has 8 employees and maintains cash reserves of £402.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,340,498752,893899,121765,314798,085866,561758,850611,7391,260,674355,656746,739451,376428,826374,623
Other Income Or Grants
Cost Of Sales979,833561,396684,127567,690575,630616,157526,466431,338897,107255,180529,042329,258315,061267,680
Gross Profit360,665191,497214,994197,624222,455250,404232,384180,401363,567100,476217,698122,118113,765106,943
Admin Expenses85,058213,386141,164166,261304,843318,037198,527184,406384,978131,85853,41334,105136,52031,457
Operating Profit275,607-21,88973,83031,363-82,388-67,63333,857-4,005-21,411-31,382164,28588,013-22,75575,486
Interest Payable2235777141
Interest Receivable920
Pre-Tax Profit208,208-24,57057,41022,250-83,336-66,90727,707-3,675-20,771-30,433165,20567,252-22,37754,504
Tax-37,997
Profit After Tax208,208-24,57057,41022,250-83,336-66,90727,707-3,675-20,771-30,433127,20867,252-22,37754,504
Dividends Paid
Retained Profit208,208-24,57057,41022,250-83,336-66,90727,707-3,675-20,771-30,433127,20867,252-22,37754,504
Employee Costs390,404356,821324,010276,532332,896255,934202,141174,468269,647258,457108,536236,603247,756202,312
Number Of Employees8776463352310102
EBITDA*276,032-21,03977,86436,238-76,881-65,04135,1841,126-19,791-29,221167,12691,799-21,65377,212

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets4251,2755,3097,6348,5524,1481,4754,8626,4828,52111,3623,3054,406
Intangible Assets
Investments & Other
Debtors (Due After 1 year)23,3385,206
Total Fixed Assets4251,2755,3097,6348,5524,1481,4754,8626,48231,85916,5683,3054,406
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors158,164137,05571,76338,2062,12317,87633,58826,62432,880166180
Cash402,77852,14199,11893,26848,08359,124134,555144,875119,271136,729242,802125,36265,37585,802
misc current assets
total current assets560,942189,196170,881131,47450,20677,000168,143171,499152,151136,895242,802125,36265,55585,802
total assets560,942189,621172,156136,78357,84085,552172,291172,974157,013143,377274,661141,93068,86090,208
Bank overdraft
Bank loan10,00010,000
Trade Creditors 102,28014,833
Group/Directors Accounts
other short term finances30,00010,00012,562
hp & lease commitments
other current liabilities219,34446,23249,19729,56722,8747,25027,08255,47235,8361,4299,0167,986
total current liabilities229,34486,23259,19742,12922,8747,25027,08255,47235,8361,429102,28014,8339,0167,986
loans73,33453,33377,43840,000
hp & lease commitments
Accruals and Deferred Income
other liabilities38,333
provisions
total long term liabilities73,33453,33338,33377,43840,000
total liabilities302,678139,56597,530119,56762,8747,25027,08255,47235,8361,429102,28014,8339,0167,986
net assets258,26450,05674,62617,216-5,03478,302145,209117,502121,177141,948172,381127,09759,84482,222
total shareholders funds258,26450,05674,62617,216-5,03478,302145,209117,502121,177141,948172,381127,09759,84482,222
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit275,607-21,88973,83031,363-82,388-67,63333,857-4,005-21,411-31,382164,28588,013-22,75575,486
Depreciation4258504,0344,8755,5072,5921,3275,1311,6202,1612,8413,7861,1021,726
Amortisation
Tax-37,997
Stock
Debtors21,10965,29233,55736,083-15,753-15,7126,964-6,25632,714-23,17218,1325,026180
Creditors-102,28087,44714,833
Accruals and Deferred Income173,112-2,96519,6306,69315,624-19,832-28,39019,63634,4071,429-9,0161,0307,986
Deferred Taxes & Provisions
Cash flow from operations428,035-89,29663,9376,848-45,504-69,161-17027,018-18,098-106,900198,44492,590-20,80385,198
Investing Activities
capital expenditure-1,744-122-11,843-1-6,132
Change in Investments
cash flow from investments-1,744-122-11,843-1-6,132
Financing Activities
Bank loans10,000
Group/Directors Accounts
Other Short Term Loans -30,00020,000-2,56212,562
Long term loans20,00153,333-77,43837,43840,000
Hire Purchase and Lease Commitments
other long term liabilities-38,33338,333
share issue-81,9241-127,718
interest-223920-57-77-141
cash flow from financing-9,99945,000-41,66750,00040,000-223-81,004-56-7827,577
cash and cash equivalents
cash350,637-46,9775,85045,185-11,041-75,431-10,32025,604-17,458-106,073117,44059,987-20,42785,802
overdraft
change in cash350,637-46,9775,85045,185-11,041-75,431-10,32025,604-17,458-106,073117,44059,987-20,42785,802

article 25 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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Article 25 Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for article 25 by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.

article 25 Ownership

ARTICLE 25 group structure

Article 25 has no subsidiary companies.

Ultimate parent company

ARTICLE 25

05608022

ARTICLE 25 Shareholders

--

article 25 directors

Article 25 currently has 8 directors. The longest serving directors include Mr Guy Grainger (Jul 2017) and Mr Damian Delahunty (Oct 2017).

officercountryagestartendrole
Mr Guy Grainger57 years Jul 2017- Director
Mr Damian DelahuntyUnited Kingdom48 years Oct 2017- Director
Ms Kelly ClarkEngland50 years May 2019- Director
Mrs Denise BennettsUnited Kingdom72 years Oct 2019- Director
Mr Philip HudsonUnited Kingdom66 years Apr 2020- Director
Ms Natalie ThingelstadUnited Kingdom49 years Apr 2020- Director
Mr Paul Clark62 years Oct 2023- Director
Mr Phil CoffeyUnited Kingdom49 years Jul 2024- Director

P&L

August 2023

turnover

1.3m

+78%

operating profit

275.6k

0%

gross margin

27%

+5.78%

turnover

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

Balance Sheet

August 2023

net assets

258.3k

+4.16%

total assets

560.9k

+1.96%

cash

402.8k

+6.72%

net assets

Total assets minus all liabilities

article 25 company details

company number

05608022

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

41100 - Development of building projects

incorporation date

October 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

August 2023

previous names

architects for aid (April 2008)

accountant

-

auditor

AZETS AUDIT SERVICES

address

6th floor, one canada square, 6th floor, one canada square, london, E14 5AB

Bank

CO-OPERATIVE BANK PLC

Legal Advisor

-

article 25 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 article 25.

article 25 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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article 25 Companies House Filings - See Documents

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