addison lee services limited
addison lee services limited Company Information
Company Number
07305923
Website
-Registered Address
the point 37 north wharf road, london, W2 1AF
Industry
Taxi operation
Telephone
02073878888
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
addison lee group limited 100%
addison lee services limited Estimated Valuation
Pomanda estimates the enterprise value of ADDISON LEE SERVICES LIMITED at £6.6m based on a Turnover of £11.8m and 0.56x industry multiple (adjusted for size and gross margin).
addison lee services limited Estimated Valuation
Pomanda estimates the enterprise value of ADDISON LEE SERVICES LIMITED at £0 based on an EBITDA of £-1.2m and a 4.88x industry multiple (adjusted for size and gross margin).
addison lee services limited Estimated Valuation
Pomanda estimates the enterprise value of ADDISON LEE SERVICES LIMITED at £0 based on Net Assets of £-5.4m and 2.8x industry multiple (adjusted for liquidity).
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Addison Lee Services Limited Overview
Addison Lee Services Limited is a live company located in london, W2 1AF with a Companies House number of 07305923. It operates in the taxi operation sector, SIC Code 49320. Founded in July 2010, it's largest shareholder is addison lee group limited with a 100% stake. Addison Lee Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £11.8m with declining growth in recent years.
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Addison Lee Services Limited Health Check
Pomanda's financial health check has awarded Addison Lee Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
5 Weak
Size
annual sales of £11.8m, make it larger than the average company (£484.8k)
£11.8m - Addison Lee Services Limited
£484.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (-0.9%)
-15% - Addison Lee Services Limited
-0.9% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (39.5%)
100% - Addison Lee Services Limited
39.5% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (5.4%)
-10.5% - Addison Lee Services Limited
5.4% - Industry AVG
Employees
with 199 employees, this is above the industry average (10)
199 - Addison Lee Services Limited
10 - Industry AVG
Pay Structure
on an average salary of £65.5k, the company has a higher pay structure (£25.1k)
£65.5k - Addison Lee Services Limited
£25.1k - Industry AVG
Efficiency
resulting in sales per employee of £59.3k, this is less efficient (£72.7k)
£59.3k - Addison Lee Services Limited
£72.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Addison Lee Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Addison Lee Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Addison Lee Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Addison Lee Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135100%, this is a higher level of debt than the average (74.7%)
135100% - Addison Lee Services Limited
74.7% - Industry AVG
addison lee services limited Credit Report and Business Information
Addison Lee Services Limited Competitor Analysis
Perform a competitor analysis for addison lee services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
addison lee services limited Ownership
ADDISON LEE SERVICES LIMITED group structure
Addison Lee Services Limited has no subsidiary companies.
Ultimate parent company
CHEYNE EUROPEAN STRATEGIC VALUE CREDIT
#0130729
2 parents
ADDISON LEE SERVICES LIMITED
07305923
addison lee services limited directors
Addison Lee Services Limited currently has 3 directors. The longest serving directors include Mr Patrick Gallagher (Mar 2020) and Mr Paul Suter (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Gallagher | Northern Ireland | 57 years | Mar 2020 | - | Director |
| Mr Paul Suter | England | 57 years | Mar 2020 | - | Director |
| Mr Liam Griffin | England | 51 years | Mar 2020 | - | Director |
ADDISON LEE SERVICES LIMITED financials
Addison Lee Services Limited's latest turnover from August 2022 is £11.8 million and the company has net assets of -£5.4 million. According to their latest financial statements, Addison Lee Services Limited has 199 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,805,000 | 12,782,000 | 17,552,000 | 19,185,000 | 20,000 | 4,000 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | -3,000 | 0 | ||||||
| Gross Profit | 11,805,000 | 12,782,000 | 17,552,000 | 19,185,000 | 23,000 | 4,000 | ||||||
| Admin Expenses | 13,042,000 | 15,306,000 | 20,116,000 | 18,272,000 | 19,000 | 0 | ||||||
| Operating Profit | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 4,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 4,000 | ||||||
| Pre-Tax Profit | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 8,000 | ||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Profit After Tax | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 8,000 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 8,000 | ||||||
| Employee Costs | 13,042,000 | 14,436,000 | 16,716,000 | 18,271,000 | 19,399,000 | 2,704,000 | ||||||
| Number Of Employees | 199 | 226 | 312 | 336 | 328 | 321 | ||||||
| EBITDA* | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 4,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 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 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 19,207,000 | 320,000 | 625,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 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 |
| total current assets | 4,000 | 4,000 | 4,000 | 19,211,000 | 324,000 | 629,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 4,000 | 4,000 | 4,000 | 19,211,000 | 324,000 | 629,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,404,000 | 2,920,000 | 1,629,000 | 18,272,000 | 297,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 1,247,000 | 14,000 | 14,000 | 15,000 | 621,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,404,000 | 4,167,000 | 1,643,000 | 18,286,000 | 312,000 | 621,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,404,000 | 4,167,000 | 1,643,000 | 18,286,000 | 312,000 | 621,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | -5,400,000 | -4,163,000 | -1,639,000 | 925,000 | 12,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | -5,400,000 | -4,163,000 | -1,639,000 | 925,000 | 12,000 | 8,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -1,237,000 | -2,524,000 | -2,564,000 | 913,000 | 4,000 | 4,000 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -19,207,000 | 18,887,000 | -305,000 | 629,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -1,247,000 | 1,233,000 | 0 | -1,000 | -606,000 | 621,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,484,000 | -1,291,000 | 16,643,000 | -17,975,000 | -297,000 | -4,000 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 2,484,000 | 1,291,000 | -16,643,000 | 17,975,000 | 297,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 4,000 | ||||||
| cash flow from financing | 2,484,000 | 1,291,000 | -16,643,000 | 17,975,000 | 297,000 | 4,000 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
August 2022turnover
11.8m
-8%
operating profit
-1.2m
-51%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
-5.4m
+0.3%
total assets
4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
addison lee services limited company details
company number
07305923
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
July 2010
age
14
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
addison lee gatwick cars limited (January 2017)
incorporated
UK
address
the point 37 north wharf road, london, W2 1AF
last accounts submitted
August 2022
addison lee services 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 addison lee services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
addison lee services limited Companies House Filings - See Documents
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