ark corporate member (no.2) limited
ark corporate member (no.2) limited Company Information
Company Number
06430160
Website
-Registered Address
30 fenchurch avenue, london, EC3M 5AD
Industry
Non-life insurance
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
group ark insurance holdings ltd 100%
ark corporate member (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CORPORATE MEMBER (NO.2) LIMITED at £11.3k based on a Turnover of £19.7k and 0.57x industry multiple (adjusted for size and gross margin).
ark corporate member (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CORPORATE MEMBER (NO.2) LIMITED at £0 based on an EBITDA of £-423.8k and a 8.52x industry multiple (adjusted for size and gross margin).
ark corporate member (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK CORPORATE MEMBER (NO.2) LIMITED at £0 based on Net Assets of £-7.8m and 0.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ark Corporate Member (no.2) Limited Overview
Ark Corporate Member (no.2) Limited is a live company located in london, EC3M 5AD with a Companies House number of 06430160. It operates in the non-life insurance sector, SIC Code 65120. Founded in November 2007, it's largest shareholder is group ark insurance holdings ltd with a 100% stake. Ark Corporate Member (no.2) Limited is a established, micro sized company, Pomanda has estimated its turnover at £19.7k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ark Corporate Member (no.2) Limited Health Check
Pomanda's financial health check has awarded Ark Corporate Member (No.2) Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £19.7k, make it smaller than the average company (£2.6m)
£19.7k - Ark Corporate Member (no.2) Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ark Corporate Member (no.2) Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (99.4%)
100% - Ark Corporate Member (no.2) Limited
99.4% - Industry AVG
Profitability
an operating margin of -2154.5% make it less profitable than the average company (18%)
-2154.5% - Ark Corporate Member (no.2) Limited
18% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
- Ark Corporate Member (no.2) Limited
35 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ark Corporate Member (no.2) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £19.7k, this is less efficient (£171.7k)
- Ark Corporate Member (no.2) Limited
£171.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ark Corporate Member (no.2) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ark Corporate Member (no.2) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ark Corporate Member (no.2) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Ark Corporate Member (no.2) Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39728%, this is a higher level of debt than the average (82.3%)
39728% - Ark Corporate Member (no.2) Limited
82.3% - Industry AVG
ARK CORPORATE MEMBER (NO.2) LIMITED financials
Ark Corporate Member (No.2) Limited's latest turnover from December 2023 is £19.7 thousand and the company has net assets of -£7.8 million. According to their latest financial statements, we estimate that Ark Corporate Member (No.2) Limited has 1 employee and maintains cash reserves of £19.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,671 | 0 | 0 | 0 | 0 | 0 | 1,000,561 | 9,896,186 | 9,428,964 | 4,857,623 | 0 | 0 | 300,000 | 1,912,000 | 4,065,000 |
| Other Income Or Grants | 0 | 0 | |||||||||||||
| Cost Of Sales | 0 | 0 | |||||||||||||
| Gross Profit | 19,671 | 0 | |||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | 0 | ||||||||||||
| Pre-Tax Profit | -483,122 | 620,199 | -348,508 | -341,541 | 281,401 | 463,805 | -659,297 | 1,312,673 | 525,231 | -67,944 | -38,000 | -48,000 | -534,000 | -2,120,000 | -1,978,000 |
| Tax | 59,800 | -118,056 | -461,713 | 7,943 | -86,472 | -207,472 | -118,561 | 0 | 0 | 0 | 179,000 | -950,000 | -133,000 | -67,000 | 0 |
| Profit After Tax | -423,322 | 502,143 | -810,221 | -333,598 | 194,929 | 256,333 | -777,858 | 1,312,673 | 525,231 | -67,944 | 141,000 | -998,000 | -667,000 | -2,187,000 | -1,978,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -423,322 | 502,143 | -810,221 | -333,598 | 194,929 | 256,333 | -777,858 | 1,312,673 | 525,231 | -67,944 | 141,000 | -998,000 | -667,000 | -2,187,000 | -1,978,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 58,736,682 | 96,755,614 | 63,920,910 | 45,434,766 | 0 | 0 | 61,027,000 | 70,717,000 | 95,688,000 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 58,736,682 | 96,755,614 | 63,920,910 | 45,434,766 | 0 | 0 | 61,027,000 | 70,717,000 | 95,688,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 261,956 | 1,028,145 | 12,297,885 | 13,816,322 | 0 | 0 | 1,508,000 | 2,720,000 | 18,228,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 16,172 | 18,597 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 19,671 | 0 | 0 | 0 | 0 | 0 | 36,850 | 175,331 | 1,568,059 | 0 | 0 | 0 | 669,000 | 791,000 | 1,388,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 59,281 | 184,559 | 91,610 | 37,407 | 0 | 22,000 | 628,000 | 419,000 | 536,000 |
| total current assets | 19,671 | 16,172 | 18,598 | 622,187 | 497,582 | 181,914 | 2,933,590 | 3,215,165 | 14,316,360 | 14,438,507 | 551,000 | 590,000 | 4,782,000 | 6,532,000 | 22,516,000 |
| total assets | 19,671 | 16,172 | 18,598 | 622,187 | 497,582 | 181,914 | 61,670,272 | 99,970,778 | 78,237,270 | 59,873,273 | 551,000 | 590,000 | 65,809,000 | 77,249,000 | 118,204,000 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 38,275,254 | 53,847,278 | 44,812,581 | 36,271,471 | 0 | 0 | 1,676,000 | 1,614,000 | 2,258,000 |
| Group/Directors Accounts | 7,759,855 | 7,473,923 | 8,096,547 | 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 | 5,985,000 | 5,985,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 55,079 | 118,056 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,814,934 | 7,591,979 | 8,096,547 | 8,554,408 | 6,807,123 | 6,454,183 | 39,844,589 | 58,123,654 | 46,985,266 | 37,396,748 | 6,977,000 | 7,157,000 | 39,958,000 | 43,812,000 | 61,318,000 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 28,783,145 | 47,779,145 | 38,444,156 | 30,193,908 | 0 | 0 | 31,418,000 | 38,342,000 | 59,610,000 |
| total liabilities | 7,814,934 | 7,591,979 | 8,096,547 | 8,554,408 | 6,807,123 | 6,454,183 | 68,627,734 | 105,902,799 | 85,429,422 | 67,590,656 | 6,977,000 | 7,157,000 | 71,376,000 | 82,154,000 | 120,928,000 |
| net assets | -7,795,263 | -7,575,807 | -8,077,949 | -7,932,221 | -6,309,541 | -6,272,269 | -6,957,462 | -5,932,021 | -7,192,152 | -7,717,383 | -6,426,000 | -6,567,000 | -5,567,000 | -4,905,000 | -2,724,000 |
| total shareholders funds | -7,795,263 | -7,575,807 | -8,077,949 | -7,932,221 | -6,309,541 | -6,272,269 | -6,957,462 | -5,932,021 | -7,192,152 | -7,717,383 | -6,426,000 | -6,567,000 | -5,567,000 | -4,905,000 | -2,724,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | ||||||||||||
| Tax | 59,800 | -118,056 | -461,713 | 7,943 | -86,472 | -207,472 | -118,561 | 0 | 0 | 0 | 179,000 | -950,000 | -133,000 | -67,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,172 | -2,425 | 18,597 | 0 | 0 | -261,956 | -766,189 | -11,269,740 | -1,518,437 | 13,816,322 | 0 | -1,508,000 | -1,212,000 | -15,508,000 | 18,228,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -38,275,254 | -15,572,023 | 9,034,697 | 8,541,110 | 36,271,471 | 0 | -1,676,000 | 62,000 | -644,000 | 2,258,000 |
| Accruals and Deferred Income | -62,977 | 118,056 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 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 | 0 |
| Group/Directors Accounts | 285,933 | -622,625 | 8,096,547 | 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 | -5,985,000 | 0 | 5,985,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | ||||||||||||
| cash flow from financing | 489,798 | -622,625 | 8,761,040 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 19,671 | 0 | 0 | 0 | 0 | -36,850 | -138,481 | -1,392,728 | 1,568,059 | 0 | 0 | -669,000 | -122,000 | -597,000 | 1,388,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 19,671 | 0 | 0 | 0 | 0 | -36,850 | -138,481 | -1,392,728 | 1,568,059 | 0 | 0 | -669,000 | -122,000 | -597,000 | 1,388,000 |
ark corporate member (no.2) limited Credit Report and Business Information
Ark Corporate Member (no.2) Limited Competitor Analysis
Perform a competitor analysis for ark corporate member (no.2) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC3M area or any other competitors across 12 key performance metrics.
ark corporate member (no.2) limited Ownership
ARK CORPORATE MEMBER (NO.2) LIMITED group structure
Ark Corporate Member (No.2) Limited has no subsidiary companies.
Ultimate parent company
ARK INSURANCE HOLDINGS LTD
#0092550
GROUP ARK INSURANCE HOLDINGS LTD
#0058748
2 parents
ARK CORPORATE MEMBER (NO.2) LIMITED
06430160
ark corporate member (no.2) limited directors
Ark Corporate Member (No.2) Limited currently has 3 directors. The longest serving directors include Mr Neil Smith (Nov 2007) and Mr Neil Brothers (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Smith | United Kingdom | 53 years | Nov 2007 | - | Director |
| Mr Neil Brothers | 46 years | Nov 2016 | - | Director | |
| Mr Paul Dawson | 58 years | Jan 2021 | - | Director |
P&L
December 2023turnover
19.7k
0%
operating profit
-423.8k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-7.8m
+0.03%
total assets
19.7k
+0.22%
cash
19.7k
0%
net assets
Total assets minus all liabilities
ark corporate member (no.2) limited company details
company number
06430160
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
November 2007
age
17
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
30 fenchurch avenue, london, EC3M 5AD
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
ark corporate member (no.2) 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 found 25 charges/mortgages relating to ark corporate member (no.2) limited. Currently there are 22 open charges and 3 have been satisfied in the past.
ark corporate member (no.2) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
