area london limited Company Information
Company Number
06261983
Next Accounts
Feb 2025
Industry
Retail sale of watches and jewellery in specialised stores
Directors
Shareholders
sandra esposito
Group Structure
View All
Contact
Registered Address
linen hall 162-168 regent street, room 252-254, london, W1B 5TB
Website
www.baribeauconstruction.comarea london limited Estimated Valuation
Pomanda estimates the enterprise value of AREA LONDON LIMITED at £17.2k based on a Turnover of £45k and 0.38x industry multiple (adjusted for size and gross margin).
area london limited Estimated Valuation
Pomanda estimates the enterprise value of AREA LONDON LIMITED at £0 based on an EBITDA of £-6.6k and a 3.06x industry multiple (adjusted for size and gross margin).
area london limited Estimated Valuation
Pomanda estimates the enterprise value of AREA LONDON LIMITED at £295k based on Net Assets of £111.5k and 2.65x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Area London Limited Overview
Area London Limited is a live company located in london, W1B 5TB with a Companies House number of 06261983. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in May 2007, it's largest shareholder is sandra esposito with a 100% stake. Area London Limited is a established, micro sized company, Pomanda has estimated its turnover at £45k with high growth in recent years.
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Area London Limited Health Check
Pomanda's financial health check has awarded Area London Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £45k, make it smaller than the average company (£10.1m)
- Area London Limited
£10.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (11.1%)
- Area London Limited
11.1% - Industry AVG
Production
with a gross margin of 34.5%, this company has a comparable cost of product (34.5%)
- Area London Limited
34.5% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (8.7%)
- Area London Limited
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
- Area London Limited
24 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Area London Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £45k, this is less efficient (£206.7k)
- Area London Limited
£206.7k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (15 days)
- Area London Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (38 days)
- Area London Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Area London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5655 weeks, this is more cash available to meet short term requirements (20 weeks)
5655 weeks - Area London Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (57.8%)
0.9% - Area London Limited
57.8% - Industry AVG
AREA LONDON LIMITED financials
Area London Limited's latest turnover from May 2023 is estimated at £45 thousand and the company has net assets of £111.5 thousand. According to their latest financial statements, we estimate that Area London Limited has 1 employee and maintains cash reserves of £108.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 435 | 0 | 0 | 218 | 70,595 | 71,029 | 69,944 | 68,447 | 68,881 | 68,000 | 68 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 835 | 835 | 835 | 0 | 0 | 10,000 | 10,000 | 10,000 | 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 | 0 | 0 | 835 | 1,270 | 835 | 0 | 218 | 80,595 | 81,029 | 79,944 | 68,447 | 68,881 | 68,000 | 68 |
Stock & work in progress | 0 | 0 | 26,000 | 26,000 | 47,390 | 95,390 | 122,616 | 80,770 | 217,580 | 2,716 | 112,728 | 0 | 14,000 | 21,000 |
Trade Debtors | 3,971 | 4,263 | 0 | 0 | 56,386 | 66,000 | 0 | 66,673 | 10,137 | 121,088 | 0 | 0 | 32 | 154 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 3,088 | 3,088 | 3,088 | 3,088 | 3,088 | 3,088 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 108,533 | 109,722 | 83,496 | 88,505 | 12,104 | 19,636 | 74,762 | 104,792 | 29,486 | 144,668 | 35,426 | 211,728 | 53,604 | 58,709 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 112,504 | 113,985 | 112,584 | 117,593 | 118,968 | 184,114 | 200,466 | 255,323 | 257,203 | 268,472 | 148,154 | 211,728 | 67,636 | 79,863 |
total assets | 112,504 | 113,985 | 113,419 | 118,863 | 119,803 | 184,114 | 200,684 | 335,918 | 338,232 | 348,416 | 216,601 | 280,609 | 135,636 | 79,931 |
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 | 998 | 800 | 0 | 0 | 2,040 | 0 | 24,278 | 142,189 | 175,267 | 188,732 | 98,012 | 183,696 | 45,472 | 61,380 |
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 | 421 | 692 | 63 | 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 | 0 | 0 | 800 | 2,152 | 2,159 | 4,209 | 73,965 | 11,126 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 998 | 800 | 800 | 2,152 | 4,620 | 4,901 | 98,306 | 153,315 | 175,267 | 188,732 | 98,012 | 183,696 | 45,472 | 61,380 |
loans | 0 | 0 | 0 | 0 | 0 | 66,165 | 0 | 72,861 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,861 | 72,861 | 68,000 | 68,000 | 68,000 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 66,165 | 0 | 72,861 | 72,861 | 72,861 | 68,000 | 68,000 | 68,000 | 0 |
total liabilities | 998 | 800 | 800 | 2,152 | 4,620 | 71,066 | 98,306 | 226,176 | 248,128 | 261,593 | 166,012 | 251,696 | 113,472 | 61,380 |
net assets | 111,506 | 113,185 | 112,619 | 116,711 | 115,183 | 113,048 | 102,378 | 109,742 | 90,104 | 86,823 | 50,589 | 28,913 | 22,164 | 18,551 |
total shareholders funds | 111,506 | 113,185 | 112,619 | 116,711 | 115,183 | 113,048 | 102,378 | 109,742 | 90,104 | 86,823 | 50,589 | 28,913 | 22,164 | 18,551 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 435 | 214 | 0 | 218 | 433 | 434 | 214 | 447 | 434 | 434 | 68 | 67 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | 0 | -26,000 | 0 | -21,390 | -48,000 | -27,226 | 41,846 | -136,810 | 214,864 | -110,012 | 112,728 | -14,000 | -7,000 | 21,000 |
Debtors | -292 | 1,175 | 0 | -56,386 | -9,614 | 66,000 | -66,673 | 59,624 | -110,951 | 121,088 | 0 | -32 | -122 | 154 |
Creditors | 198 | 800 | 0 | -2,040 | 2,040 | -24,278 | -117,911 | -33,078 | -13,465 | 90,720 | -85,684 | 138,224 | -15,908 | 61,380 |
Accruals and Deferred Income | 0 | -800 | -1,352 | -7 | -2,050 | -69,756 | 62,839 | 11,126 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | -835 | 0 | 0 | 835 | 0 | -10,000 | 0 | 0 | 10,000 | 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 | -421 | -271 | 629 | 63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | -66,165 | 66,165 | -72,861 | 72,861 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,861 | 0 | 4,861 | 0 | 0 | 68,000 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -1,189 | 26,226 | -5,009 | 76,401 | -7,532 | -55,126 | -30,030 | 75,306 | -115,182 | 109,242 | -176,302 | 158,124 | -5,105 | 58,709 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,189 | 26,226 | -5,009 | 76,401 | -7,532 | -55,126 | -30,030 | 75,306 | -115,182 | 109,242 | -176,302 | 158,124 | -5,105 | 58,709 |
area london limited Credit Report and Business Information
Area London Limited Competitor Analysis
Perform a competitor analysis for area london limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in W1B area or any other competitors across 12 key performance metrics.
area london limited Ownership
AREA LONDON LIMITED group structure
Area London Limited has no subsidiary companies.
Ultimate parent company
AREA LONDON LIMITED
06261983
area london limited directors
Area London Limited currently has 1 director, Ms Sandra Esposito serving since Feb 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Sandra Esposito | United Kingdom | 65 years | Feb 2020 | - | Director |
P&L
May 2023turnover
45k
-29%
operating profit
-6.6k
0%
gross margin
34.6%
+1.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
111.5k
-0.01%
total assets
112.5k
-0.01%
cash
108.5k
-0.01%
net assets
Total assets minus all liabilities
area london limited company details
company number
06261983
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
May 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
linen hall 162-168 regent street, room 252-254, london, W1B 5TB
Bank
-
Legal Advisor
-
area london 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 area london limited.
area london 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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area london limited Companies House Filings - See Documents
date | description | view/download |
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