ada associates uk limited
ada associates uk limited Company Information
Company Number
05949387
Website
www.ada1.co.ukRegistered Address
578 hertford road, edmonton, london, london, N9 8AH
Industry
Tax consultancy
Bookkeeping activities
Telephone
02088198212
Next Accounts Due
110 days late
Group Structure
View All
Directors
Derman Karakoc6 Years
Shareholders
derman karakoc 100%
ada associates uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADA ASSOCIATES UK LIMITED at £361.1k based on a Turnover of £330.2k and 1.09x industry multiple (adjusted for size and gross margin).
ada associates uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADA ASSOCIATES UK LIMITED at £52.9k based on an EBITDA of £11.4k and a 4.62x industry multiple (adjusted for size and gross margin).
ada associates uk limited Estimated Valuation
Pomanda estimates the enterprise value of ADA ASSOCIATES UK LIMITED at £605 based on Net Assets of £162 and 3.74x industry multiple (adjusted for liquidity).
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Ada Associates Uk Limited Overview
Ada Associates Uk Limited is a live company located in london, N9 8AH with a Companies House number of 05949387. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in September 2006, it's largest shareholder is derman karakoc with a 100% stake. Ada Associates Uk Limited is a established, micro sized company, Pomanda has estimated its turnover at £330.2k with rapid growth in recent years.
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Ada Associates Uk Limited Health Check
Pomanda's financial health check has awarded Ada Associates Uk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £330.2k, make it larger than the average company (£167.6k)
- Ada Associates Uk Limited
£167.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 110%, show it is growing at a faster rate (4.1%)
- Ada Associates Uk Limited
4.1% - Industry AVG
Production
with a gross margin of 73.6%, this company has a comparable cost of product (73.6%)
- Ada Associates Uk Limited
73.6% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (10.9%)
- Ada Associates Uk Limited
10.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - Ada Associates Uk Limited
3 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
- Ada Associates Uk Limited
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £66k, this is equally as efficient (£66k)
- Ada Associates Uk Limited
£66k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ada Associates Uk Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ada Associates Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ada Associates Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is average cash available to meet short term requirements (47 weeks)
54 weeks - Ada Associates Uk Limited
47 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (52.6%)
99.7% - Ada Associates Uk Limited
52.6% - Industry AVG
ADA ASSOCIATES UK LIMITED financials
Ada Associates Uk Limited's latest turnover from September 2022 is estimated at £330.2 thousand and the company has net assets of £162. According to their latest financial statements, Ada Associates Uk Limited has 5 employees and maintains cash reserves of £4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,870 | 51,776 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 2,069 | 4,126 | ||||||||||||
| Interest Payable | 961 | 719 | ||||||||||||
| Interest Receivable | 0 | |||||||||||||
| Pre-Tax Profit | 6,365 | 4,126 | ||||||||||||
| Tax | -1,403 | -778 | ||||||||||||
| Profit After Tax | 4,962 | 3,348 | ||||||||||||
| Dividends Paid | 4,950 | 1,900 | ||||||||||||
| Retained Profit | 12 | 1,448 | ||||||||||||
| Employee Costs | 24,557 | 18,828 | ||||||||||||
| Number Of Employees | 5 | 4 | 4 | |||||||||||
| EBITDA* | 3,612 | 5,452 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,857 | 54,977 | 10,703 | 2,317 | 0 | 0 | 1,621 | 3,398 | 4,148 | 6,479 | 8,810 | 11,141 | 6,674 | 6,769 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,857 | 54,977 | 10,703 | 2,317 | 0 | 0 | 1,621 | 3,398 | 4,148 | 6,479 | 8,810 | 11,141 | 6,674 | 6,769 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 8,398 | 1,761 | 1,417 | 1,417 | 750 | 3,544 | 1,663 | 2,592 | 1,084 | 2,800 | 1,460 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 14,452 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,043 | 1,832 | 2,613 | 960 | 1,437 | 1,295 | 971 | 2,462 | 6,079 | 2,734 | 500 | 634 | 1,447 | 2,141 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,043 | 1,832 | 17,065 | 9,358 | 3,198 | 2,712 | 2,388 | 3,212 | 9,623 | 4,397 | 3,092 | 1,718 | 4,247 | 3,601 |
| total assets | 48,900 | 56,809 | 27,768 | 11,675 | 3,198 | 2,712 | 4,009 | 6,610 | 13,771 | 10,876 | 11,902 | 12,859 | 10,921 | 10,370 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 2,347 | 7,313 | 14,266 | 17,577 | 0 | 2,909 | 3,858 | 5,547 | 0 | 0 |
| Group/Directors Accounts | 0 | 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 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,826 | 16,992 | 1,347 | 6,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,836 | 3,619 |
| total current liabilities | 3,826 | 16,992 | 1,347 | 6,620 | 2,347 | 7,313 | 14,266 | 17,577 | 0 | 2,909 | 3,858 | 5,547 | 5,836 | 3,619 |
| loans | 20,912 | 24,183 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 24,000 | 15,000 | 25,000 | 0 | 0 | 0 | 3,000 | 3,481 | 13,274 | 0 | 0 | 0 | 0 | 1,800 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 44,912 | 39,183 | 25,000 | 0 | 0 | 0 | 3,000 | 3,481 | 13,274 | 0 | 0 | 0 | 0 | 1,800 |
| total liabilities | 48,738 | 56,175 | 26,347 | 6,620 | 2,347 | 7,313 | 17,266 | 21,058 | 13,274 | 2,909 | 3,858 | 5,547 | 5,836 | 5,419 |
| net assets | 162 | 634 | 1,421 | 5,055 | 851 | -4,601 | -13,257 | -14,448 | 497 | 7,967 | 8,044 | 7,312 | 5,085 | 4,951 |
| total shareholders funds | 162 | 634 | 1,421 | 5,055 | 851 | -4,601 | -13,257 | -14,448 | 497 | 7,967 | 8,044 | 7,312 | 5,085 | 4,951 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,069 | 4,126 | ||||||||||||
| Depreciation | 10,120 | 10,120 | 1,961 | 409 | 0 | 1,621 | 2,429 | 2,331 | 2,331 | 2,331 | 2,331 | 2,331 | 1,543 | 1,326 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,403 | -778 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -14,452 | 6,054 | 6,637 | 344 | 0 | 667 | -2,794 | 1,881 | -929 | 1,508 | -1,716 | 1,340 | 1,460 |
| Creditors | 0 | 0 | 0 | -2,347 | -4,966 | -6,953 | -3,311 | 17,577 | -2,909 | -949 | -1,689 | 5,547 | 0 | 0 |
| Accruals and Deferred Income | -13,166 | 15,645 | -5,273 | 6,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,836 | 2,217 | 3,619 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,086 | 6,833 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,271 | 24,183 | 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 | 0 |
| other long term liabilities | 9,000 | -10,000 | 25,000 | 0 | 0 | -3,000 | -481 | -9,793 | 13,274 | 0 | 0 | 0 | -1,800 | 1,800 |
| share issue | ||||||||||||||
| interest | -961 | |||||||||||||
| cash flow from financing | -2,639 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,211 | -781 | 1,653 | -477 | 142 | 324 | -1,491 | -3,617 | 3,345 | 2,234 | -134 | -813 | -694 | 2,141 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,211 | -781 | 1,653 | -477 | 142 | 324 | -1,491 | -3,617 | 3,345 | 2,234 | -134 | -813 | -694 | 2,141 |
ada associates uk limited Credit Report and Business Information
Ada Associates Uk Limited Competitor Analysis
Perform a competitor analysis for ada associates uk limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 9 area or any other competitors across 12 key performance metrics.
ada associates uk limited Ownership
ADA ASSOCIATES UK LIMITED group structure
Ada Associates Uk Limited has no subsidiary companies.
Ultimate parent company
ADA ASSOCIATES UK LIMITED
05949387
ada associates uk limited directors
Ada Associates Uk Limited currently has 1 director, Mr Derman Karakoc serving since May 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derman Karakoc | England | 33 years | May 2018 | - | Director |
P&L
September 2022turnover
330.2k
+53%
operating profit
1.3k
0%
gross margin
73.7%
-14.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
162
-0.74%
total assets
48.9k
-0.14%
cash
4k
+1.21%
net assets
Total assets minus all liabilities
ada associates uk limited company details
company number
05949387
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
69202 - Bookkeeping activities
incorporation date
September 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2022
previous names
N/A
accountant
-
auditor
-
address
578 hertford road, edmonton, london, london, N9 8AH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
ada associates uk 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 ada associates uk limited.
ada associates uk limited Companies House Filings - See Documents
| date | description | view/download |
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