1508 london limited
1508 london limited Company Information
Company Number
07068962
Website
www.1508london.comRegistered Address
7 howick place, 2nd floor, london, SW1P 1BB
Industry
Specialised design activities
Telephone
02078023800
Next Accounts Due
September 2024
Group Structure
View All
Directors
Siraj Dadabhoy8 Years
Shareholders
aion investments limited 86%
hamish brown 8%
View All1508 london limited Estimated Valuation
Pomanda estimates the enterprise value of 1508 LONDON LIMITED at £5.6m based on a Turnover of £10.9m and 0.51x industry multiple (adjusted for size and gross margin).
1508 london limited Estimated Valuation
Pomanda estimates the enterprise value of 1508 LONDON LIMITED at £10m based on an EBITDA of £2.2m and a 4.48x industry multiple (adjusted for size and gross margin).
1508 london limited Estimated Valuation
Pomanda estimates the enterprise value of 1508 LONDON LIMITED at £5.5m based on Net Assets of £2.6m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
1508 London Limited Overview
1508 London Limited is a live company located in london, SW1P 1BB with a Companies House number of 07068962. It operates in the specialised design activities sector, SIC Code 74100. Founded in November 2009, it's largest shareholder is aion investments limited with a 86% stake. 1508 London Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.9m with high growth in recent years.
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1508 London Limited Health Check
Pomanda's financial health check has awarded 1508 London Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £10.9m, make it larger than the average company (£306.1k)
£10.9m - 1508 London Limited
£306.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (1%)
- 1508 London Limited
1% - Industry AVG
Production
with a gross margin of 57.8%, this company has a comparable cost of product (49.7%)
57.8% - 1508 London Limited
49.7% - Industry AVG
Profitability
an operating margin of 20.1% make it more profitable than the average company (8.6%)
20.1% - 1508 London Limited
8.6% - Industry AVG
Employees
with 77 employees, this is above the industry average (5)
77 - 1508 London Limited
5 - Industry AVG
Pay Structure
on an average salary of £64.8k, the company has a higher pay structure (£37.6k)
£64.8k - 1508 London Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £141.2k, this is more efficient (£103.9k)
£141.2k - 1508 London Limited
£103.9k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (67 days)
86 days - 1508 London Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (49 days)
28 days - 1508 London Limited
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 1508 London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (28 weeks)
39 weeks - 1508 London Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59%, this is a similar level of debt than the average (57.9%)
59% - 1508 London Limited
57.9% - Industry AVG
1508 LONDON LIMITED financials
1508 London Limited's latest turnover from December 2022 is £10.9 million and the company has net assets of £2.6 million. According to their latest financial statements, 1508 London Limited has 77 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,875,006 | ||||||||||||
| Other Income Or Grants | 0 | ||||||||||||
| Cost Of Sales | 4,592,947 | ||||||||||||
| Gross Profit | 6,282,059 | ||||||||||||
| Admin Expenses | 4,100,314 | ||||||||||||
| Operating Profit | 2,181,745 | ||||||||||||
| Interest Payable | 50,117 | ||||||||||||
| Interest Receivable | 0 | ||||||||||||
| Pre-Tax Profit | 2,131,628 | ||||||||||||
| Tax | -341,565 | ||||||||||||
| Profit After Tax | 1,790,063 | ||||||||||||
| Dividends Paid | 0 | ||||||||||||
| Retained Profit | 1,790,063 | ||||||||||||
| Employee Costs | 4,992,643 | ||||||||||||
| Number Of Employees | 77 | 68 | 67 | 69 | 57 | 49 | 44 | 35 | |||||
| EBITDA* | 2,240,995 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 189,386 | 77,596 | 93,458 | 96,118 | 67,465 | 82,223 | 83,796 | 44,455 | 84,348 | 117,356 | 167,392 | 208,709 | 64,280 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 2,193 | 2,193 | 2,393 | 200 | 100 | 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 |
| Total Fixed Assets | 189,386 | 79,789 | 95,651 | 98,511 | 67,665 | 82,323 | 83,796 | 44,455 | 84,348 | 117,356 | 167,392 | 208,709 | 64,280 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,568,236 | 3,243,004 | 850,690 | 1,463,389 | 1,132,622 | 1,167,665 | 657,830 | 721,410 | 713,929 | 607,605 | 471,209 | 195,429 | 145,692 |
| Group Debtors | 0 | 161,408 | 81,789 | 42,680 | 3,009 | 720 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,095,570 | 331,150 | 720,345 | 483,857 | 197,453 | 110,800 | 912,653 | 172,885 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,517,518 | 1,797,378 | 1,261,460 | 1,508,813 | 1,416,836 | 1,848,736 | 1,880,117 | 1,154,940 | 1,212,491 | 238,843 | 207,793 | 195,840 | 232,063 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,181,324 | 5,532,940 | 2,914,284 | 3,498,739 | 2,749,920 | 3,127,921 | 3,450,600 | 2,049,235 | 1,926,420 | 846,448 | 679,002 | 391,269 | 377,755 |
| total assets | 6,370,710 | 5,612,729 | 3,009,935 | 3,597,250 | 2,817,585 | 3,210,244 | 3,534,396 | 2,093,690 | 2,010,768 | 963,804 | 846,394 | 599,978 | 442,035 |
| Bank overdraft | 0 | 860 | 601 | 360 | 90 | 270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 333,333 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 355,117 | 938,335 | 117,520 | 92,345 | 160,695 | 139,415 | 124,344 | 179,477 | 1,419,467 | 747,854 | 631,122 | 247,177 | 64,412 |
| Group/Directors Accounts | 0 | 0 | 0 | 114,518 | 317,262 | 534,792 | 795,862 | 2,130,122 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 2,635,494 | 1,815,814 | 1,171,827 | 1,894,103 | 1,662,819 | 2,281,097 | 3,817,752 | 1,477,155 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,323,944 | 3,005,009 | 1,289,948 | 2,101,326 | 2,140,866 | 2,955,574 | 4,737,958 | 3,786,754 | 1,419,467 | 747,854 | 631,122 | 247,177 | 64,412 |
| loans | 416,667 | 750,000 | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,463,102 | 2,733,132 | 2,323,064 | 1,946,457 | 919,578 |
| provisions | 17,362 | 18,172 | 14,883 | 16,340 | 11,469 | 0 | 0 | 0 | 6,275 | 10,869 | 0 | 0 | 0 |
| total long term liabilities | 434,029 | 768,172 | 14,883 | 16,340 | 11,469 | 0 | 0 | 0 | 2,469,377 | 2,744,001 | 2,323,064 | 1,946,457 | 919,578 |
| total liabilities | 3,757,973 | 3,773,181 | 1,304,831 | 2,117,666 | 2,152,335 | 2,955,574 | 4,737,958 | 3,786,754 | 3,888,844 | 3,491,855 | 2,954,186 | 2,193,634 | 983,990 |
| net assets | 2,612,737 | 1,839,548 | 1,705,104 | 1,479,584 | 665,250 | 254,670 | -1,203,562 | -1,693,064 | -1,878,076 | -2,528,051 | -2,107,792 | -1,593,656 | -541,955 |
| total shareholders funds | 2,612,737 | 1,839,548 | 1,705,104 | 1,479,584 | 665,250 | 254,670 | -1,203,562 | -1,693,064 | -1,878,076 | -2,528,051 | -2,107,792 | -1,593,656 | -541,955 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,181,745 | ||||||||||||
| Depreciation | 59,250 | 34,571 | 36,396 | 38,297 | 26,396 | 27,132 | 48,475 | 43,152 | 42,525 | 69,106 | 88,539 | 76,705 | 21,426 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -341,565 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -71,756 | 2,082,738 | -337,102 | 656,842 | 53,899 | -291,298 | 676,188 | 180,366 | 106,324 | 136,396 | 275,780 | 49,737 | 145,692 |
| Creditors | -583,218 | 820,815 | 25,175 | -68,350 | 21,280 | 15,071 | -55,133 | -1,239,990 | 671,613 | 116,732 | 383,945 | 182,765 | 64,412 |
| Accruals and Deferred Income | 819,680 | 643,987 | -722,276 | 231,284 | -618,278 | -1,536,655 | 2,340,597 | 1,477,155 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -810 | 3,289 | -1,457 | 4,871 | 11,469 | 0 | 0 | -6,275 | -4,594 | 10,869 | 0 | 0 | 0 |
| Cash flow from operations | 2,206,838 | ||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -2,193 | 0 | -200 | 2,193 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 83,333 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -114,518 | -202,744 | -217,530 | -261,070 | -1,334,260 | 2,130,122 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -333,333 | 750,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,463,102 | -270,030 | 410,068 | 376,607 | 1,026,879 | 919,578 |
| share issue | |||||||||||||
| interest | -50,117 | ||||||||||||
| cash flow from financing | -1,316,991 | ||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 720,140 | 535,918 | -247,353 | 91,977 | -431,900 | -31,381 | 725,177 | -57,551 | 973,648 | 31,050 | 11,953 | -36,223 | 232,063 |
| overdraft | -860 | 259 | 241 | 270 | -180 | 270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 721,000 | 535,659 | -247,594 | 91,707 | -431,720 | -31,651 | 725,177 | -57,551 | 973,648 | 31,050 | 11,953 | -36,223 | 232,063 |
1508 london limited Credit Report and Business Information
1508 London Limited Competitor Analysis
Perform a competitor analysis for 1508 london limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
1508 london limited Ownership
1508 LONDON LIMITED group structure
1508 London Limited has no subsidiary companies.
Ultimate parent company
AION INVESTMENTS LTD
#0128108
1 parent
1508 LONDON LIMITED
07068962
1508 london limited directors
1508 London Limited currently has 1 director, Mr Siraj Dadabhoy serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Siraj Dadabhoy | 57 years | Jul 2015 | - | Director |
P&L
December 2022turnover
10.9m
0%
operating profit
2.2m
0%
gross margin
57.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.6m
+0.42%
total assets
6.4m
+0.14%
cash
2.5m
+0.4%
net assets
Total assets minus all liabilities
1508 london limited company details
company number
07068962
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
November 2009
age
15
accounts
Group
ultimate parent company
previous names
temp top co limited (May 2010)
incorporated
UK
address
7 howick place, 2nd floor, london, SW1P 1BB
last accounts submitted
December 2022
1508 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 found 2 charges/mortgages relating to 1508 london limited. Currently there are 2 open charges and 0 have been satisfied in the past.
1508 london limited Companies House Filings - See Documents
| date | description | view/download |
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