airradio limited
airradio limited Company Information
Company Number
06792964
Website
ttg-group.comRegistered Address
field house uttoxeter old road, derby, DE1 1NH
Industry
Non-trading company
Telephone
01332375596
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
ttg global solutions limited 100%
airradio limited Estimated Valuation
Pomanda estimates the enterprise value of AIRRADIO LIMITED at £215.2k based on a Turnover of £436.5k and 0.49x industry multiple (adjusted for size and gross margin).
airradio limited Estimated Valuation
Pomanda estimates the enterprise value of AIRRADIO LIMITED at £15.7k based on an EBITDA of £3.9k and a 4.03x industry multiple (adjusted for size and gross margin).
airradio limited Estimated Valuation
Pomanda estimates the enterprise value of AIRRADIO LIMITED at £814.3k based on Net Assets of £377k and 2.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Airradio Limited Overview
Airradio Limited is a live company located in derby, DE1 1NH with a Companies House number of 06792964. It operates in the non-trading company sector, SIC Code 74990. Founded in January 2009, it's largest shareholder is ttg global solutions limited with a 100% stake. Airradio Limited is a established, micro sized company, Pomanda has estimated its turnover at £436.5k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Airradio Limited Health Check
Pomanda's financial health check has awarded Airradio Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £436.5k, make it smaller than the average company (£3.6m)
- Airradio Limited
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Airradio Limited
- - Industry AVG
Production
with a gross margin of 35.2%, this company has a comparable cost of product (35.2%)
- Airradio Limited
35.2% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (5%)
- Airradio Limited
5% - Industry AVG
Employees
with 3 employees, this is below the industry average (41)
3 - Airradio Limited
41 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
- Airradio Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £145.5k, this is equally as efficient (£145.5k)
- Airradio Limited
£145.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Airradio Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Airradio Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Airradio Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2322 weeks, this is more cash available to meet short term requirements (39 weeks)
2322 weeks - Airradio Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (42.9%)
0.8% - Airradio Limited
42.9% - Industry AVG
AIRRADIO LIMITED financials
Airradio Limited's latest turnover from October 2023 is estimated at £436.5 thousand and the company has net assets of £377 thousand. According to their latest financial statements, Airradio Limited has 3 employees and maintains cash reserves of £134 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 19,300,000 | 21,500,000 | 23,900,000 | 34,100,000 | 69,300,000 | 54,100,000 | 54,000,000 | 49,300,000 | 44,800,000 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 11,300,000 | 13,800,000 | 15,000,000 | 22,200,000 | 44,400,000 | 30,200,000 | 29,400,000 | 26,800,000 | 25,300,000 | |||||
| Gross Profit | 8,000,000 | 7,700,000 | 8,900,000 | 11,900,000 | 24,900,000 | 23,900,000 | 24,600,000 | 22,500,000 | 19,500,000 | |||||
| Admin Expenses | 5,900,000 | 10,300,000 | 13,000,000 | 13,900,000 | 29,400,000 | 20,800,000 | 20,400,000 | 19,100,000 | 16,100,000 | |||||
| Operating Profit | -54,000 | 2,100,000 | -2,600,000 | -4,100,000 | -2,000,000 | -4,500,000 | 3,100,000 | 4,200,000 | 3,400,000 | 3,400,000 | ||||
| Interest Payable | 0 | 700,000 | 600,000 | 600,000 | 2,400,000 | 5,000,000 | 3,100,000 | 3,000,000 | 3,000,000 | 3,000,000 | ||||
| Interest Receivable | 9,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | -45,000 | -2,800,000 | -3,200,000 | -12,600,000 | -4,400,000 | -9,500,000 | 0 | 1,200,000 | 400,000 | 400,000 | ||||
| Tax | -13,000 | -900,000 | -200,000 | 0 | 400,000 | 700,000 | 300,000 | -600,000 | -100,000 | -300,000 | ||||
| Profit After Tax | -58,000 | -3,700,000 | -3,400,000 | -12,600,000 | -4,000,000 | -8,800,000 | 300,000 | 600,000 | 300,000 | 100,000 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -58,000 | -3,700,000 | -3,400,000 | -12,600,000 | -4,000,000 | -8,800,000 | 300,000 | 600,000 | 300,000 | 100,000 | ||||
| Employee Costs | 0 | 7,300,000 | 8,100,000 | 9,800,000 | 13,600,000 | 26,100,000 | 18,900,000 | 19,400,000 | 17,200,000 | 14,100,000 | ||||
| Number Of Employees | 3 | 3 | 3 | 126 | 144 | 164 | 238 | 316 | 344 | 337 | 327 | 301 | ||
| EBITDA* | -54,000 | 3,700,000 | -400,000 | -1,200,000 | 100,000 | -1,000,000 | 5,500,000 | 6,600,000 | 6,000,000 | 6,800,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 2,000,000 | 2,200,000 | 2,700,000 | 3,100,000 | 3,700,000 | 4,600,000 | 4,600,000 | 4,600,000 | 4,900,000 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1,100,000 | 3,100,000 | 4,500,000 | 14,800,000 | 17,000,000 | 21,200,000 | 23,100,000 | 22,200,000 | 20,600,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 400,000 | 1,300,000 | 1,500,000 | 1,500,000 | 1,000,000 | 1,400,000 | 1,500,000 | 1,500,000 | 1,200,000 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 3,500,000 | 6,600,000 | 8,700,000 | 19,400,000 | 21,700,000 | 27,200,000 | 29,200,000 | 28,300,000 | 26,700,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 2,400,000 | 2,600,000 | 4,000,000 | 4,300,000 | 4,200,000 | 4,300,000 | 4,600,000 | 3,500,000 | 4,300,000 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 3,600,000 | 3,300,000 | 5,000,000 | 5,500,000 | 8,500,000 | 8,800,000 | 10,200,000 | 11,500,000 | 8,400,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 215,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 246,000 | 235,000 | 224,000 | 0 | 900,000 | 1,600,000 | 1,400,000 | 2,500,000 | 2,300,000 | 5,900,000 | 3,700,000 | 2,500,000 | 4,700,000 | 0 |
| Cash | 134,000 | 137,000 | 391,000 | 396,000 | 1,300,000 | 1,500,000 | 1,600,000 | 3,100,000 | 2,500,000 | 1,600,000 | 3,200,000 | 1,900,000 | 3,500,000 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 380,000 | 372,000 | 615,000 | 611,000 | 8,200,000 | 9,000,000 | 12,000,000 | 15,400,000 | 17,500,000 | 20,600,000 | 21,700,000 | 19,400,000 | 20,900,000 | 0 |
| total assets | 380,000 | 372,000 | 615,000 | 611,000 | 11,700,000 | 15,600,000 | 20,700,000 | 34,800,000 | 39,200,000 | 47,800,000 | 50,900,000 | 47,700,000 | 47,600,000 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 100,000 | 100,000 | 0 | 0 | 0 | 1,000,000 | 1,100,000 | 1,000,000 | 700,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 600,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1,600,000 | 2,000,000 | 3,100,000 | 2,800,000 | 4,300,000 | 4,400,000 | 4,100,000 | 3,300,000 | 4,700,000 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,000 | 3,000 | 3,000 | 6,000 | 3,800,000 | 3,900,000 | 4,700,000 | 6,000,000 | 6,300,000 | 5,900,000 | 6,000,000 | 6,900,000 | 6,200,000 | 0 |
| total current liabilities | 3,000 | 3,000 | 3,000 | 6,000 | 5,500,000 | 6,000,000 | 7,800,000 | 9,000,000 | 11,200,000 | 11,300,000 | 11,200,000 | 11,200,000 | 12,600,000 | 0 |
| loans | 0 | 0 | 0 | 0 | 22,600,000 | 22,000,000 | 21,500,000 | 23,700,000 | 37,600,000 | 34,300,000 | 34,700,000 | 33,100,000 | 32,000,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,100,000 | 1,900,000 | 1,300,000 | 900,000 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 22,600,000 | 22,000,000 | 21,500,000 | 23,700,000 | 37,600,000 | 35,400,000 | 36,600,000 | 34,400,000 | 32,900,000 | 0 |
| total liabilities | 3,000 | 3,000 | 3,000 | 6,000 | 28,100,000 | 28,000,000 | 29,300,000 | 32,700,000 | 48,800,000 | 46,700,000 | 47,800,000 | 45,600,000 | 45,500,000 | 0 |
| net assets | 377,000 | 369,000 | 612,000 | 605,000 | -16,400,000 | -12,400,000 | -8,600,000 | 2,100,000 | -9,600,000 | 1,100,000 | 3,100,000 | 2,100,000 | 2,100,000 | 0 |
| total shareholders funds | 377,000 | 369,000 | 612,000 | 605,000 | -16,400,000 | -12,400,000 | -8,600,000 | 2,100,000 | -9,600,000 | 1,100,000 | 3,100,000 | 2,100,000 | 2,100,000 | 0 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -54,000 | 2,100,000 | -2,600,000 | -4,100,000 | -2,000,000 | -4,500,000 | 3,100,000 | 4,200,000 | 3,400,000 | 3,400,000 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 500,000 | 700,000 | 800,000 | 900,000 | 1,600,000 | 1,100,000 | 1,100,000 | 1,300,000 | 1,600,000 | |
| Amortisation | 0 | 0 | 0 | 0 | 1,100,000 | 1,500,000 | 2,100,000 | 1,200,000 | 1,900,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,800,000 | |
| Tax | -13,000 | -900,000 | -200,000 | 0 | 400,000 | 700,000 | 300,000 | -600,000 | -100,000 | -300,000 | ||||
| Stock | 0 | 0 | 0 | -2,400,000 | -200,000 | -1,400,000 | -300,000 | 100,000 | -100,000 | -300,000 | 1,100,000 | -800,000 | 4,300,000 | 0 |
| Debtors | 11,000 | 11,000 | 9,000 | -4,685,000 | -1,300,000 | -1,700,000 | -1,600,000 | -2,300,000 | -4,300,000 | 700,000 | -100,000 | 1,200,000 | 14,300,000 | 0 |
| Creditors | 0 | 0 | 0 | -1,600,000 | -400,000 | -1,100,000 | 300,000 | -1,500,000 | -100,000 | 300,000 | 800,000 | -1,400,000 | 4,700,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | -3,000 | -3,794,000 | -100,000 | -800,000 | -1,300,000 | -300,000 | 400,000 | -100,000 | -900,000 | 700,000 | 6,200,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,100,000 | -800,000 | 600,000 | 400,000 | 900,000 | 0 |
| Cash flow from operations | 1,624,000 | 3,800,000 | 600,000 | -300,000 | 900,000 | 3,300,000 | 4,800,000 | 5,500,000 | 5,200,000 | -300,000 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | -900,000 | -600,000 | -1,700,000 | 1,700,000 | -3,600,000 | -3,300,000 | -4,000,000 | -3,900,000 | -2,300,000 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -900,000 | -600,000 | -1,700,000 | 1,700,000 | -3,600,000 | -3,300,000 | -4,000,000 | -3,900,000 | -2,300,000 | |||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -200,000 | -400,000 | 600,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,000,000 | 1,000,000 | 0 |
| Long term loans | 0 | 0 | 0 | -22,600,000 | 600,000 | 500,000 | -2,200,000 | -13,900,000 | 3,300,000 | -400,000 | 1,600,000 | 1,100,000 | 32,000,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 9,000 | -700,000 | -600,000 | -600,000 | -2,400,000 | -5,000,000 | -3,100,000 | -3,000,000 | -3,000,000 | -3,000,000 | ||||
| cash flow from financing | -5,528,000 | -400,000 | -500,000 | -1,100,000 | -1,000,000 | -3,000,000 | -5,800,000 | -1,000,000 | -3,200,000 | 32,000,000 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,000 | -254,000 | -5,000 | -904,000 | -200,000 | -100,000 | -1,500,000 | 600,000 | 900,000 | -1,600,000 | 1,300,000 | -1,600,000 | 3,500,000 | 0 |
| overdraft | 0 | 0 | 0 | -100,000 | 0 | 100,000 | 0 | 0 | -1,000,000 | -100,000 | 100,000 | 300,000 | 700,000 | 0 |
| change in cash | -3,000 | -254,000 | -5,000 | -804,000 | -200,000 | -200,000 | -1,500,000 | 600,000 | 1,900,000 | -1,500,000 | 1,200,000 | -1,900,000 | 2,800,000 | 0 |
airradio limited Credit Report and Business Information
Airradio Limited Competitor Analysis
Perform a competitor analysis for airradio limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DE1 area or any other competitors across 12 key performance metrics.
airradio limited Ownership
AIRRADIO LIMITED group structure
Airradio Limited has 1 subsidiary company.
Ultimate parent company
1 parent
AIRRADIO LIMITED
06792964
1 subsidiary
airradio limited directors
Airradio Limited currently has 3 directors. The longest serving directors include Mr Philip Williams (Apr 2010) and Mr Michael Norfield (Apr 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Williams | United Kingdom | 56 years | Apr 2010 | - | Director |
| Mr Michael Norfield | United Kingdom | 61 years | Apr 2010 | - | Director |
| Mr Peter Burridge | 68 years | Dec 2015 | - | Director |
P&L
October 2023turnover
436.5k
+6%
operating profit
3.9k
0%
gross margin
35.3%
+4.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
377k
+0.02%
total assets
380k
+0.02%
cash
134k
-0.02%
net assets
Total assets minus all liabilities
airradio limited company details
company number
06792964
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
January 2009
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
October 2023
previous names
ttg global limited (October 2021)
siatel limited (June 2011)
accountant
PKF SMITH COOPER AUDIT LIMITED
auditor
-
address
field house uttoxeter old road, derby, DE1 1NH
Bank
HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
airradio 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 3 charges/mortgages relating to airradio limited. Currently there are 2 open charges and 1 have been satisfied in the past.
airradio limited Companies House Filings - See Documents
| date | description | view/download |
|---|
