aurora managed services ltd

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aurora managed services ltd Company Information

Share AURORA MANAGED SERVICES LTD

Company Number

06228885

Shareholders

corona corporate group ltd

Group Structure

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Industry

Renting and leasing of office machinery and equipment (including computers)

 +3

Registered Address

1-2 castle lane, london, SW1E 6DR

aurora managed services ltd Estimated Valuation

£54.3m

Pomanda estimates the enterprise value of AURORA MANAGED SERVICES LTD at £54.3m based on a Turnover of £36.1m and 1.51x industry multiple (adjusted for size and gross margin).

aurora managed services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AURORA MANAGED SERVICES LTD at £0 based on an EBITDA of £-5.9m and a 9.37x industry multiple (adjusted for size and gross margin).

aurora managed services ltd Estimated Valuation

£92.8m

Pomanda estimates the enterprise value of AURORA MANAGED SERVICES LTD at £92.8m based on Net Assets of £41.6m and 2.23x industry multiple (adjusted for liquidity).

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Aurora Managed Services Ltd Overview

Aurora Managed Services Ltd is a live company located in london, SW1E 6DR with a Companies House number of 06228885. It operates in the renting and leasing of office machinery and equipment (including computers) sector, SIC Code 77330. Founded in April 2007, it's largest shareholder is corona corporate group ltd with a 100% stake. Aurora Managed Services Ltd is a established, large sized company, Pomanda has estimated its turnover at £36.1m with declining growth in recent years.

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Aurora Managed Services Ltd Health Check

Pomanda's financial health check has awarded Aurora Managed Services Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 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

5 Weak

size

Size

annual sales of £36.1m, make it larger than the average company (£8.8m)

£36.1m - Aurora Managed Services Ltd

£8.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (5.7%)

-6% - Aurora Managed Services Ltd

5.7% - Industry AVG

production

Production

with a gross margin of 53.9%, this company has a lower cost of product (44%)

53.9% - Aurora Managed Services Ltd

44% - Industry AVG

profitability

Profitability

an operating margin of -17.6% make it less profitable than the average company (6.2%)

-17.6% - Aurora Managed Services Ltd

6.2% - Industry AVG

employees

Employees

with 253 employees, this is above the industry average (36)

253 - Aurora Managed Services Ltd

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £62.5k, the company has an equivalent pay structure (£61.6k)

£62.5k - Aurora Managed Services Ltd

£61.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.6k, this is less efficient (£197.3k)

£142.6k - Aurora Managed Services Ltd

£197.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is near the average (45 days)

43 days - Aurora Managed Services Ltd

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 51 days, this is slower than average (36 days)

51 days - Aurora Managed Services Ltd

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 41 days, this is more than average (19 days)

41 days - Aurora Managed Services Ltd

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)

2 weeks - Aurora Managed Services Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.2%, this is a lower level of debt than the average (62.7%)

26.2% - Aurora Managed Services Ltd

62.7% - Industry AVG

AURORA MANAGED SERVICES LTD financials

EXPORTms excel logo

Aurora Managed Services Ltd's latest turnover from March 2024 is £36.1 million and the company has net assets of £41.6 million. According to their latest financial statements, Aurora Managed Services Ltd has 253 employees and maintains cash reserves of £653.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover36,082,18852,715,01447,387,44442,791,50252,718,67928,629,07017,147,66713,072,59512,177,9859,377,0292,728,7121,320,019847,596871,354
Other Income Or Grants
Cost Of Sales16,624,09222,052,64119,103,80517,473,41321,027,10811,182,3356,391,5664,838,5534,644,4674,543,8831,610,448745,029485,563494,937
Gross Profit19,458,09630,662,37328,283,63925,318,08931,691,57117,446,73510,756,1018,234,0427,533,5184,833,1461,118,264574,990362,032376,417
Admin Expenses25,816,84825,128,75120,777,20815,039,88917,836,46612,187,8476,945,857-16,947,2094,920,1653,256,154867,382357,310306,040471,602-141,040
Operating Profit-6,358,7525,533,6227,506,43110,278,20013,855,1055,258,8883,810,24425,181,2512,613,3531,576,992250,882217,68055,992-95,185141,040
Interest Payable1,197120,7818,50410,65513,53140,83554,92550,990
Interest Receivable3,7763311,408539335217
Pre-Tax Profit-6,356,1735,412,8417,506,43110,269,69613,855,1055,248,2333,797,0442,140,4162,558,4281,526,002250,882219,08856,531-94,850141,257
Tax41,23572,59565,46841,164-228,056-511,777-673,510-344,023-384,827-430,733-56,050-52,581-14,698-39,552
Profit After Tax-6,314,9385,485,4367,571,89910,310,86013,627,0494,736,4563,123,5341,796,3932,173,6011,095,269194,832166,50741,833-94,850101,705
Dividends Paid1,235,0001,224,855270,000131,500
Retained Profit-6,314,9385,485,4367,571,89910,310,86013,627,0494,736,4563,123,534561,393948,746825,26963,332166,50741,833-94,850101,705
Employee Costs15,802,75216,587,78013,676,9989,485,47410,437,7066,974,9865,454,2584,228,5323,977,2522,529,649647,892356,199211,106242,896
Number Of Employees2532622302172281097666635815856
EBITDA*-5,923,1015,976,9947,830,30510,668,40714,315,7305,538,9474,046,32425,186,7022,621,0142,115,265527,540347,343115,130-94,382141,347

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets411,126498,584497,272672,4401,001,104459,8446,4019,7957,83341,99013,26914,1121,9172,4001,179
Intangible Assets493,477649,874787,310479,248232,686465,3732,761,3481,969,74660,998217,817126,535
Investments & Other1,649,1802,268,6472,761,3482,761,3482,761,3482,761,3482,761,3482,761,348
Debtors (Due After 1 year)
Total Fixed Assets2,553,7833,417,1054,045,9303,913,0363,762,4523,453,8783,233,1222,771,1432,769,1812,011,73674,267231,929128,4522,4001,179
Stock & work in progress1,907,1802,119,9101,693,7741,083,1411,969,0571,056,468463,449159,58382,753176,738
Trade Debtors4,307,3205,260,3903,835,8533,460,2947,500,8833,586,9851,328,968571,182288,065440,334139,884118,90672,290117,98585,258
Group Debtors44,380,62145,764,82842,750,84534,088,31822,660,11014,411,4964,666,5281,474,942727,500
Misc Debtors2,520,7063,796,4132,813,7271,784,0002,835,1171,692,955835,167287,573197,298258,0647,3781881,167287
Cash653,8673,275,2523,671,3758,686,4145,241,0102,643,0651,913,4203,512,2113,074,7251,112,262448,460394,944168,39747,22986,660
misc current assets
total current assets53,769,69460,216,79354,765,57449,102,16740,206,17723,390,9699,207,5324,530,5495,117,7832,714,898595,722514,038241,854165,214172,205
total assets56,323,47763,633,89858,811,50453,015,20343,968,62926,844,84712,440,6547,301,6927,886,9644,726,634669,989745,967370,306167,614173,384
Bank overdraft298,529351,390
Bank loan320,393
Trade Creditors 2,358,9913,207,5432,204,6222,963,4323,546,5742,876,927693,956351,618325,966489,143137,234529,772320,618159,75970,680
Group/Directors Accounts8,094,7798,111,1348,113,3508,075,0948,209,3718,589,0043,885,0662,046,0563,309,739
other short term finances
hp & lease commitments
other current liabilities3,387,8824,412,9316,014,7467,112,2887,351,3312,833,1542,179,7171,576,909974,0831,641,405253,228
total current liabilities13,841,65215,731,60816,332,71818,150,81419,107,27614,299,0856,758,7394,294,9764,908,3172,481,938390,462529,772320,618159,75970,680
loans448,335780,7541,139,900
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions894,473101,07456,542
total long term liabilities894,473101,07456,542448,335780,7541,139,900
total liabilities14,736,12515,731,60816,332,71818,251,88819,163,81814,299,0856,758,7394,743,3115,689,0713,621,838390,462529,772320,618159,75970,680
net assets41,587,35247,902,29042,478,78634,763,31524,804,81112,545,7625,681,9152,558,3812,197,8931,104,796279,527216,19549,6887,855102,704
total shareholders funds41,587,35247,902,29042,478,78634,763,31524,804,81112,545,7625,681,9152,558,3812,197,8931,104,796279,527216,19549,6887,855102,704
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit-6,358,7525,533,6227,506,43110,278,20013,855,1055,258,8883,810,24425,181,2512,613,3531,576,992250,882217,68055,992-95,185141,040
Depreciation270,953298,936323,874390,207227,93947,3723,3945,4517,66160,0745,8993,128988803307
Amortisation164,698144,436232,686232,687232,686478,199270,759126,53558,150
Tax41,23572,59565,46841,164-228,056-511,777-673,510-344,023-384,827-430,733-56,050-52,581-14,698-39,552
Stock-212,730426,136610,633-885,916912,589593,019303,86676,830-93,985176,738
Debtors-3,612,9845,421,20610,067,8136,336,50213,304,67412,860,7735,971,908-1,101,550534,4071,425,89828,16845,637-44,52832,44085,545
Creditors-848,5521,002,921-758,810-583,142669,6472,182,971342,33825,652-163,177489,143-392,538209,154160,85989,07970,680
Accruals and Deferred Income-1,025,049-1,601,815-1,097,542-239,0434,518,177653,437602,808602,826-667,3221,641,405253,228
Deferred Taxes & Provisions894,473-101,07444,53256,542
Cash flow from operations-3,035,280-396,647-4,740,0994,481,3325,114,777-5,590,214-1,957,81426,495,877965,2662,212,444304,012458,279305,819-37,74386,930
Investing Activities
capital expenditure-191,796-307,248-456,768-540,791-769,199-500,815-698,0592,753,935-765,106-2,550,009-118,996-233,140-185,190-2,024-1,486
Change in Investments-619,467-492,7012,761,348
cash flow from investments427,671185,453-456,768-540,791-769,199-500,815-698,059-7,413-765,106-2,550,009-118,996-233,140-185,190-2,024-1,486
Financing Activities
Bank loans-320,393320,393
Group/Directors Accounts-16,355-2,21638,256-134,277-379,6334,703,9381,839,010-1,263,6833,309,739
Other Short Term Loans
Long term loans-448,335-332,419-359,1461,139,900
Hire Purchase and Lease Commitments
other long term liabilities
share issue-61,932143,572-352,356-1,368,0002,127,391-200,905144,351279,5271999
interest2,579-120,781-8,504-10,655-13,200-40,835-54,925-50,9901,408539335217
cash flow from financing-13,776-184,929181,828-495,137-1,747,6336,820,6741,057,082-1,517,4493,040,0191,368,4371,4085393361,216
cash and cash equivalents
cash-2,621,385-396,123-5,015,0393,445,4042,597,945729,645-1,598,791437,4861,962,4631,112,26253,516226,547121,168-39,43186,660
overdraft-298,529-52,861351,390
change in cash-2,621,385-396,123-5,015,0393,445,4042,597,945729,645-1,598,791736,0152,015,324760,87253,516226,547121,168-39,43186,660

aurora managed services ltd 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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Aurora Managed Services Ltd Competitor Analysis

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Perform a competitor analysis for aurora managed services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in SW1E area or any other competitors across 12 key performance metrics.

aurora managed services ltd Ownership

AURORA MANAGED SERVICES LTD group structure

Aurora Managed Services Ltd has 1 subsidiary company.

Ultimate parent company

AURORA LUX HOLDCO SARL

#0151940

2 parents

AURORA MANAGED SERVICES LTD

06228885

1 subsidiary

AURORA MANAGED SERVICES LTD Shareholders

corona corporate group ltd 100%

aurora managed services ltd directors

Aurora Managed Services Ltd currently has 3 directors. The longest serving directors include Mr Andrew Moffitt (Nov 2020) and Mr Andrew Moffitt (Nov 2020).

officercountryagestartendrole
Mr Andrew MoffittEngland60 years Nov 2020- Director
Mr Andrew MoffittEngland60 years Nov 2020- Director
Mr Martin OxleyEngland55 years Nov 2021- Director

P&L

March 2024

turnover

36.1m

-32%

operating profit

-6.4m

-215%

gross margin

54%

-7.29%

turnover

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

Balance Sheet

March 2024

net assets

41.6m

-0.13%

total assets

56.3m

-0.11%

cash

653.9k

-0.8%

net assets

Total assets minus all liabilities

aurora managed services ltd company details

company number

06228885

Type

Private limited with Share Capital

industry

77330 - Renting and leasing of office machinery and equipment (including computers)

61900 - Other telecommunications activities

62090 - Other information technology and computer service activities

incorporation date

April 2007

age

18

incorporated

UK

ultimate parent company

AURORA LUX HOLDCO SARL

accounts

Full Accounts

last accounts submitted

March 2024

previous names

corona corporate solutions limited (March 2022)

corona copy solutions limited (August 2014)

accountant

-

auditor

GRANT THORNTON UK LLP

address

1-2 castle lane, london, SW1E 6DR

Bank

-

Legal Advisor

-

aurora managed services ltd 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 6 charges/mortgages relating to aurora managed services ltd. Currently there are 3 open charges and 3 have been satisfied in the past.

aurora managed services ltd 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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aurora managed services ltd Companies House Filings - See Documents

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