adriatic land 9 (gr1) limited
adriatic land 9 (gr1) limited Company Information
Company Number
06869709
Next Accounts
22 days late
Industry
Buying and selling of own real estate
Shareholders
adriatic land 9 limited
Group Structure
View All
Contact
Registered Address
6th floor, 125 london wall, london, EC2Y 5AS
Website
https://www.bellway.co.ukadriatic land 9 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 9 (GR1) LIMITED at £1.4m based on a Turnover of £487k and 2.91x industry multiple (adjusted for size and gross margin).
adriatic land 9 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 9 (GR1) LIMITED at £0 based on an EBITDA of £-879k and a 6.01x industry multiple (adjusted for size and gross margin).
adriatic land 9 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 9 (GR1) LIMITED at £16.2m based on Net Assets of £10.5m and 1.55x industry multiple (adjusted for liquidity).
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Adriatic Land 9 (gr1) Limited Overview
Adriatic Land 9 (gr1) Limited is a live company located in london, EC2Y 5AS with a Companies House number of 06869709. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2009, it's largest shareholder is adriatic land 9 limited with a 100% stake. Adriatic Land 9 (gr1) Limited is a established, micro sized company, Pomanda has estimated its turnover at £487k with declining growth in recent years.
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Adriatic Land 9 (gr1) Limited Health Check
Pomanda's financial health check has awarded Adriatic Land 9 (Gr1) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £487k, make it smaller than the average company (£905.4k)
£487k - Adriatic Land 9 (gr1) Limited
£905.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (2.1%)
-44% - Adriatic Land 9 (gr1) Limited
2.1% - Industry AVG
Production
with a gross margin of 66.5%, this company has a comparable cost of product (66.5%)
66.5% - Adriatic Land 9 (gr1) Limited
66.5% - Industry AVG
Profitability
an operating margin of -180.5% make it less profitable than the average company (35%)
-180.5% - Adriatic Land 9 (gr1) Limited
35% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Adriatic Land 9 (gr1) Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Adriatic Land 9 (gr1) Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £162.3k, this is less efficient (£199.8k)
- Adriatic Land 9 (gr1) Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (26 days)
39 days - Adriatic Land 9 (gr1) Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (31 days)
6 days - Adriatic Land 9 (gr1) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adriatic Land 9 (gr1) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Adriatic Land 9 (gr1) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.5%, this is a similar level of debt than the average (63.7%)
62.5% - Adriatic Land 9 (gr1) Limited
63.7% - Industry AVG
ADRIATIC LAND 9 (GR1) LIMITED financials
Adriatic Land 9 (Gr1) Limited's latest turnover from March 2023 is £487 thousand and the company has net assets of £10.5 million. According to their latest financial statements, we estimate that Adriatic Land 9 (Gr1) Limited has 3 employees and maintains cash reserves of £40 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 487,000 | 8,930,000 | 3,813,000 | 2,755,000 | 129,000 | |||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -879,000 | 8,817,000 | 3,748,000 | 2,681,000 | 101,000 | |||||||||
| Interest Payable | 1,014,000 | 974,000 | 945,000 | 826,000 | 220,000 | |||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | -1,893,000 | 7,843,000 | 2,803,000 | 1,855,000 | -119,000 | |||||||||
| Tax | 0 | 0 | 0 | -19,000 | 0 | |||||||||
| Profit After Tax | -1,893,000 | 7,843,000 | 2,803,000 | 1,836,000 | -119,000 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -1,893,000 | 7,843,000 | 2,803,000 | 1,836,000 | -119,000 | |||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | -879,000 | 8,817,000 | 3,748,000 | 2,681,000 | 101,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,798,000 | 29,048,000 | 20,591,000 | 17,227,000 | 14,954,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 27,798,000 | 29,048,000 | 20,591,000 | 17,227,000 | 14,954,000 | 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 |
| Total Fixed Assets | 27,798,000 | 29,048,000 | 20,591,000 | 17,227,000 | 14,954,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 53,000 | 58,000 | 51,000 | 48,000 | 334,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 30,000 | 31,000 | 44,000 | 21,000 | 620,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 40,000 | 27,000 | 23,000 | 256,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 123,000 | 116,000 | 118,000 | 325,000 | 954,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 27,921,000 | 29,164,000 | 20,709,000 | 17,552,000 | 15,908,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 3,000 | 4,000 | 2,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 15,675,000 | 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 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,848,000 | 11,109,000 | 10,405,000 | 9,962,000 | 352,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,851,000 | 11,113,000 | 10,407,000 | 9,966,000 | 16,027,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 5,600,000 | 5,688,000 | 5,782,000 | 5,869,000 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 5,600,000 | 5,688,000 | 5,782,000 | 5,869,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 17,451,000 | 16,801,000 | 16,189,000 | 15,835,000 | 16,027,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 10,470,000 | 12,363,000 | 4,520,000 | 1,717,000 | -119,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 10,470,000 | 12,363,000 | 4,520,000 | 1,717,000 | -119,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -879,000 | 8,817,000 | 3,748,000 | 2,681,000 | 101,000 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | ||||||||||
| Tax | 0 | 0 | 0 | -19,000 | 0 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,000 | -6,000 | 26,000 | -885,000 | 954,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -1,000 | 2,000 | -2,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 739,000 | 704,000 | 443,000 | 9,610,000 | 352,000 | 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 |
| Cash flow from operations | -135,000 | 9,529,000 | 4,163,000 | 13,161,000 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -1,250,000 | 8,457,000 | 3,364,000 | 2,273,000 | 14,954,000 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | -15,675,000 | 15,675,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -88,000 | -94,000 | -87,000 | 5,869,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,014,000 | -974,000 | -945,000 | -826,000 | -220,000 | |||||||||
| cash flow from financing | -1,102,000 | -1,068,000 | -1,032,000 | -10,632,000 | 15,455,000 | |||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 13,000 | 4,000 | -233,000 | 256,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,000 | 4,000 | -233,000 | 256,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
adriatic land 9 (gr1) limited Credit Report and Business Information
Adriatic Land 9 (gr1) Limited Competitor Analysis
Perform a competitor analysis for adriatic land 9 (gr1) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
adriatic land 9 (gr1) limited Ownership
ADRIATIC LAND 9 (GR1) LIMITED group structure
Adriatic Land 9 (Gr1) Limited has no subsidiary companies.
Ultimate parent company
PROMENADE FINANCE DESIGNATED ACTIVITY CO
IE591802
ADRIATIC LAND 9 LTD
#0119391
2 parents
ADRIATIC LAND 9 (GR1) LIMITED
06869709
adriatic land 9 (gr1) limited directors
Adriatic Land 9 (Gr1) Limited currently has 3 directors. The longest serving directors include Mr Adrian Jeffery (Apr 2019) and Ms Davinia Smith (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Jeffery | United Kingdom | 47 years | Apr 2019 | - | Director |
| Ms Davinia Smith | England | 46 years | Jul 2023 | - | Director |
| Mr Sean Martin | England | 59 years | Jul 2023 | - | Director |
P&L
March 2023turnover
487k
-95%
operating profit
-879k
-110%
gross margin
66.5%
+1.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
10.5m
-0.15%
total assets
27.9m
-0.04%
cash
40k
+0.48%
net assets
Total assets minus all liabilities
adriatic land 9 (gr1) limited company details
company number
06869709
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2009
age
16
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
seaton gr spv 7 limited (January 2019)
bellway v limited (April 2014)
accountant
-
auditor
DELOITTE LLP
address
6th floor, 125 london wall, london, EC2Y 5AS
Bank
-
Legal Advisor
-
adriatic land 9 (gr1) 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 1 charges/mortgages relating to adriatic land 9 (gr1) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
adriatic land 9 (gr1) 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.
Click to start generating capital raising & share issue transactions for ADRIATIC LAND 9 (GR1) LIMITED. This can take several minutes, an email will notify you when this has completed.
adriatic land 9 (gr1) limited Companies House Filings - See Documents
| date | description | view/download |
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