area london limited

area london limited Company Information

Share AREA LONDON LIMITED
Live 
EstablishedMicroHigh

Company Number

06261983

Industry

Retail sale of watches and jewellery in specialised stores

 

Shareholders

sandra esposito

Group Structure

View All

Contact

Registered Address

linen hall 162-168 regent street, room 252-254, london, W1B 5TB

area london limited Estimated Valuation

£17.2k

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

£0

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

£295k

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).

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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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £45k, make it smaller than the average company (£10.1m)

£45k - Area London Limited

£10.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (11.1%)

20% - Area London Limited

11.1% - Industry AVG

production

Production

with a gross margin of 34.5%, this company has a comparable cost of product (34.5%)

34.5% - Area London Limited

34.5% - Industry AVG

profitability

Profitability

an operating margin of -14.6% make it less profitable than the average company (8.7%)

-14.6% - Area London Limited

8.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (24)

1 - Area London Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)

£35.2k - Area London Limited

£35.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £45k, this is less efficient (£206.7k)

£45k - Area London Limited

£206.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is later than average (15 days)

32 days - Area London Limited

15 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (38 days)

12 days - Area London Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Area London Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover44,99263,03625,63526,142307,989525,506108,2531,440,009557,3972,007,822329,392626,58057,85182,756
Other Income Or Grants00000000000000
Cost Of Sales29,45041,66816,88116,533193,625304,97462,800839,690327,3721,181,954195,890333,59230,32744,901
Gross Profit15,54221,3688,7549,609114,363220,53245,453600,319230,025825,869133,502292,98827,52437,854
Admin Expenses22,13221,63512,9327,760109,576205,42050,763573,739226,359780,453105,969284,77122,92212,237
Operating Profit-6,590-267-4,1781,8494,78715,112-5,31026,5803,66645,41627,5338,2174,60225,617
Interest Payable000132,2712,1752,2792,368000000
Interest Receivable4,9119668650119236224336435450618663281147
Pre-Tax Profit-1,679699-4,0921,8862,63613,173-7,36424,5484,10145,86628,1518,8804,88225,764
Tax0-1330-358-501-2,5030-4,909-820-9,632-6,475-2,131-1,269-7,214
Profit After Tax-1,679566-4,0921,5282,13510,670-7,36419,6383,28136,23421,6766,7493,61318,550
Dividends Paid00000000000000
Retained Profit-1,679566-4,0921,5282,13510,670-7,36419,6383,28136,23421,6766,7493,61318,550
Employee Costs35,17131,12326,78525,03153,449120,50323,638239,91298,758298,01149,939109,07227,83729,513
Number Of Employees1111251104112411
EBITDA*-6,590-267-3,7432,0634,78715,330-4,87727,0143,88045,86327,9678,6514,67025,684

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets0004350021870,59571,02969,94468,44768,88168,00068
Intangible Assets00000000000000
Investments & Other008358358350010,00010,00010,0000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets008351,270835021880,59581,02979,94468,44768,88168,00068
Stock & work in progress0026,00026,00047,39095,390122,61680,770217,5802,716112,728014,00021,000
Trade Debtors3,9714,2630056,38666,000066,67310,137121,0880032154
Group Debtors00000000000000
Misc Debtors003,0883,0883,0883,0883,0883,088000000
Cash108,533109,72283,49688,50512,10419,63674,762104,79229,486144,66835,426211,72853,60458,709
misc current assets00000000000000
total current assets112,504113,985112,584117,593118,968184,114200,466255,323257,203268,472148,154211,72867,63679,863
total assets112,504113,985113,419118,863119,803184,114200,684335,918338,232348,416216,601280,609135,63679,931
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 998800002,040024,278142,189175,267188,73298,012183,69645,47261,380
Group/Directors Accounts00000000000000
other short term finances0000421692630000000
hp & lease commitments00000000000000
other current liabilities008002,1522,1594,20973,96511,126000000
total current liabilities9988008002,1524,6204,90198,306153,315175,267188,73298,012183,69645,47261,380
loans0000066,165072,861000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0000000072,86172,86168,00068,00068,0000
provisions00000000000000
total long term liabilities0000066,165072,86172,86172,86168,00068,00068,0000
total liabilities9988008002,1524,62071,06698,306226,176248,128261,593166,012251,696113,47261,380
net assets111,506113,185112,619116,711115,183113,048102,378109,74290,10486,82350,58928,91322,16418,551
total shareholders funds111,506113,185112,619116,711115,183113,048102,378109,74290,10486,82350,58928,91322,16418,551
May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-6,590-267-4,1781,8494,78715,112-5,31026,5803,66645,41627,5338,2174,60225,617
Depreciation0043521402184334342144474344346867
Amortisation00000000000000
Tax0-1330-358-501-2,5030-4,909-820-9,632-6,475-2,131-1,269-7,214
Stock0-26,0000-21,390-48,000-27,22641,846-136,810214,864-110,012112,728-14,000-7,00021,000
Debtors-2921,1750-56,386-9,61466,000-66,67359,624-110,951121,0880-32-122154
Creditors1988000-2,0402,040-24,278-117,911-33,078-13,46590,720-85,684138,224-15,90861,380
Accruals and Deferred Income0-800-1,352-7-2,050-69,75662,83911,126000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-6,10024,425-5,09577,43461,890-119,981-35,12277,339-114,318115,875-176,920158,776-5,38558,696
Investing Activities
capital expenditure000-6490069,9440-1,299-1,9440-1,315-68,000-135
Change in Investments0-835008350-10,0000010,0000000
cash flow from investments08350-649-835079,9440-1,299-11,9440-1,315-68,000-135
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 000-421-271629630000000
Long term loans0000-66,16566,165-72,86172,861000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000-72,86104,8610068,0000
share issue00000000000001
interest4,9119668637-2,152-1,939-2,055-2,032435450618663281147
cash flow from financing4,91196686-384-68,58864,855-74,853-2,0324355,31161866368,281148
cash and cash equivalents
cash-1,18926,226-5,00976,401-7,532-55,126-30,03075,306-115,182109,242-176,302158,124-5,10558,709
overdraft00000000000000
change in cash-1,18926,226-5,00976,401-7,532-55,126-30,03075,306-115,182109,242-176,302158,124-5,10558,709

area london limited 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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Area London Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

sandra esposito 100%

area london limited directors

Area London Limited currently has 1 director, Ms Sandra Esposito serving since Feb 2020.

officercountryagestartendrole
Ms Sandra EspositoUnited Kingdom65 years Feb 2020- Director

P&L

May 2023

turnover

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 2023

net 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

None

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

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