simon oldfield contemporary art limited

3.5

simon oldfield contemporary art limited Company Information

Share SIMON OLDFIELD CONTEMPORARY ART LIMITED
Live 
EstablishedSmallRapid

Company Number

06662965

Registered Address

white hall, 9-11 bloomsbury square, london, WC1A 2LP

Industry

Retail sale in commercial art galleries

 

Telephone

02074040884

Next Accounts Due

November 2024

Group Structure

View All

Directors

Simon Oldfield16 Years

Shareholders

simon oldfield 90%

timothy julian 10%

simon oldfield contemporary art limited Estimated Valuation

£258.5k

Pomanda estimates the enterprise value of SIMON OLDFIELD CONTEMPORARY ART LIMITED at £258.5k based on a Turnover of £937.8k and 0.28x industry multiple (adjusted for size and gross margin).

simon oldfield contemporary art limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of SIMON OLDFIELD CONTEMPORARY ART LIMITED at £1.1m based on an EBITDA of £351k and a 3.1x industry multiple (adjusted for size and gross margin).

simon oldfield contemporary art limited Estimated Valuation

£475.9k

Pomanda estimates the enterprise value of SIMON OLDFIELD CONTEMPORARY ART LIMITED at £475.9k based on Net Assets of £284.3k and 1.67x industry multiple (adjusted for liquidity).

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Simon Oldfield Contemporary Art Limited Overview

Simon Oldfield Contemporary Art Limited is a live company located in london, WC1A 2LP with a Companies House number of 06662965. It operates in the retail sale in commercial art galleries sector, SIC Code 47781. Founded in August 2008, it's largest shareholder is simon oldfield with a 90% stake. Simon Oldfield Contemporary Art Limited is a established, small sized company, Pomanda has estimated its turnover at £937.8k with rapid growth in recent years.

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Simon Oldfield Contemporary Art Limited Health Check

Pomanda's financial health check has awarded Simon Oldfield Contemporary Art Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £937.8k, make it smaller than the average company (£2.3m)

£937.8k - Simon Oldfield Contemporary Art Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (2.2%)

53% - Simon Oldfield Contemporary Art Limited

2.2% - Industry AVG

production

Production

with a gross margin of 19.4%, this company has a higher cost of product (27.1%)

19.4% - Simon Oldfield Contemporary Art Limited

27.1% - Industry AVG

profitability

Profitability

an operating margin of 37.4% make it more profitable than the average company (5.9%)

37.4% - Simon Oldfield Contemporary Art Limited

5.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - Simon Oldfield Contemporary Art Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £62.4k, the company has an equivalent pay structure (£62.4k)

£62.4k - Simon Oldfield Contemporary Art Limited

£62.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £468.9k, this is less efficient (£562k)

£468.9k - Simon Oldfield Contemporary Art Limited

£562k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 195 days, this is later than average (23 days)

195 days - Simon Oldfield Contemporary Art Limited

23 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 109 days, this is slower than average (41 days)

109 days - Simon Oldfield Contemporary Art Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Simon Oldfield Contemporary Art Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Simon Oldfield Contemporary Art Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.4%, this is a lower level of debt than the average (65.3%)

44.4% - Simon Oldfield Contemporary Art Limited

65.3% - Industry AVG

SIMON OLDFIELD CONTEMPORARY ART LIMITED financials

EXPORTms excel logo

Simon Oldfield Contemporary Art Limited's latest turnover from February 2023 is estimated at £937.8 thousand and the company has net assets of £284.3 thousand. According to their latest financial statements, Simon Oldfield Contemporary Art Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover937,833580,016263,056271,491563,823749,947135,032111,755173,21440,94128,02415,95521,4350
Other Income Or Grants00000000000000
Cost Of Sales756,128450,154207,568213,902459,541609,045108,42891,033139,91632,72222,74612,70517,1300
Gross Profit181,704129,86355,48857,589104,281140,90226,60420,72233,2988,2185,2783,2514,3060
Admin Expenses-169,300-42,295-28,35651,420108,514146,32838,40131,86632,9757,00522,177-7,1326,579-393
Operating Profit351,004172,15883,8446,169-4,233-5,426-11,797-11,1443231,213-16,89910,383-2,273393
Interest Payable00000000000000
Interest Receivable00000132243343661459
Pre-Tax Profit351,004172,15883,8446,169-4,233-5,425-11,794-11,1223661,247-16,86310,445-2,228403
Tax-66,691-32,710-15,930-1,1720000-77-2870-2,7160-113
Profit After Tax284,313139,44867,9144,997-4,233-5,425-11,794-11,122289960-16,8637,729-2,228290
Dividends Paid00000000000000
Retained Profit284,313139,44867,9144,997-4,233-5,425-11,794-11,122289960-16,8637,729-2,228290
Employee Costs124,76250,06354,34456,23160,68463,35265,28164,10959,83562,74161,44161,68359,7390
Number Of Employees21111111111110
EBITDA*351,004172,15883,8446,169-4,233-5,426-11,563-10,8317401,519-16,82410,399-2,273393

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets8,0975,8467,4352973965277049381,2501,6664734800
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets8,0975,8467,4352973965277049381,2501,6664734800
Stock & work in progress000000137,367137,367137,3679,3754,9756,4756,4750
Trade Debtors503,264424,435132,862104,981138,070139,1911441,8275,5666,3453,9183,0791,0523,001
Group Debtors00000000000000
Misc Debtors00000000000000
Cash0000007781,3927,5779,5794,04310,24614,2243,753
misc current assets00000000000000
total current assets503,264424,435132,862104,981138,070139,191138,289140,586150,51025,29912,93619,80021,7516,754
total assets511,361430,281140,297105,278138,466139,718138,993141,524151,76026,96513,40919,84821,7516,754
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 227,048260,31988,413142,678180,863177,882171,731162,468161,58237,07624,48014,05623,6886,463
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities227,048260,31988,413142,678180,863177,882171,731162,468161,58237,07624,48014,05623,6886,463
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities0021,37000000000000
provisions00000000000000
total long term liabilities0021,37000000000000
total liabilities227,048260,319109,783142,678180,863177,882171,731162,468161,58237,07624,48014,05623,6886,463
net assets284,313169,96230,514-37,400-42,397-38,164-32,738-20,944-9,822-10,111-11,0715,792-1,937291
total shareholders funds284,313169,96230,514-37,400-42,397-38,164-32,738-20,944-9,822-10,111-11,0715,792-1,937291
Feb 2023Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit351,004172,15883,8446,169-4,233-5,426-11,797-11,1443231,213-16,89910,383-2,273393
Depreciation000000234313417306751600
Amortisation00000000000000
Tax-66,691-32,710-15,930-1,1720000-77-2870-2,7160-113
Stock00000-137,36700127,9924,400-1,50006,4750
Debtors503,264291,57327,881-33,089-1,121139,047-1,683-3,739-7792,4278392,027-1,9493,001
Creditors227,048171,906-54,265-38,1852,9816,1519,263886124,50612,59610,424-9,63217,2256,463
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations8,09719,781-14,232-99-131-955-617-6,206-2,0447,001-5,739-3,97610,4263,742
Investing Activities
capital expenditure-8,0971,589-7,138991311770-1-1-1,499-500-6400
Change in Investments00000000000000
cash flow from investments-8,0971,589-7,138991311770-1-1-1,499-500-6400
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0-21,37021,37000000000000
share issue00000-100000001
interest00000132243343661459
cash flow from financing0-21,37021,370000322433436614510
cash and cash equivalents
cash00000-778-614-6,185-2,0025,536-6,203-3,97810,4713,753
overdraft00000000000000
change in cash00000-778-614-6,185-2,0025,536-6,203-3,97810,4713,753

simon oldfield contemporary art 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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Simon Oldfield Contemporary Art Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for simon oldfield contemporary art limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WC1A area or any other competitors across 12 key performance metrics.

simon oldfield contemporary art limited Ownership

SIMON OLDFIELD CONTEMPORARY ART LIMITED group structure

Simon Oldfield Contemporary Art Limited has no subsidiary companies.

Ultimate parent company

SIMON OLDFIELD CONTEMPORARY ART LIMITED

06662965

SIMON OLDFIELD CONTEMPORARY ART LIMITED Shareholders

simon oldfield 90%
timothy julian 10%

simon oldfield contemporary art limited directors

Simon Oldfield Contemporary Art Limited currently has 1 director, Mr Simon Oldfield serving since Aug 2008.

officercountryagestartendrole
Mr Simon OldfieldEngland45 years Aug 2008- Director

P&L

February 2023

turnover

937.8k

0%

operating profit

351k

0%

gross margin

19.4%

0%

turnover

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

Balance Sheet

February 2023

net assets

284.3k

0%

total assets

511.4k

0%

cash

0

0%

net assets

Total assets minus all liabilities

simon oldfield contemporary art limited company details

company number

06662965

Type

Private limited with Share Capital

industry

47781 - Retail sale in commercial art galleries

incorporation date

August 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2023

previous names

N/A

accountant

-

auditor

-

address

white hall, 9-11 bloomsbury square, london, WC1A 2LP

Bank

-

Legal Advisor

-

simon oldfield contemporary art 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 simon oldfield contemporary art limited.

charges

simon oldfield contemporary art limited Companies House Filings - See Documents

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