online art limited Company Information
Company Number
07380206
Website
www.craftyarts.co.ukRegistered Address
22 rowan walk, hornchurch, RM11 2JA
Industry
Other retail sale in non-specialised stores
Telephone
02079935479
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
suleyman necati 100%
online art limited Estimated Valuation
Pomanda estimates the enterprise value of ONLINE ART LIMITED at £216.8k based on a Turnover of £565.4k and 0.38x industry multiple (adjusted for size and gross margin).
online art limited Estimated Valuation
Pomanda estimates the enterprise value of ONLINE ART LIMITED at £124.6k based on an EBITDA of £28.4k and a 4.39x industry multiple (adjusted for size and gross margin).
online art limited Estimated Valuation
Pomanda estimates the enterprise value of ONLINE ART LIMITED at £1.5m based on Net Assets of £417.6k and 3.59x industry multiple (adjusted for liquidity).
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Online Art Limited Overview
Online Art Limited is a live company located in hornchurch, RM11 2JA with a Companies House number of 07380206. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in September 2010, it's largest shareholder is suleyman necati with a 100% stake. Online Art Limited is a established, small sized company, Pomanda has estimated its turnover at £565.4k with declining growth in recent years.
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Online Art Limited Health Check
Pomanda's financial health check has awarded Online Art Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £565.4k, make it smaller than the average company (£1.8m)
- Online Art Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (4%)
- Online Art Limited
4% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Online Art Limited
43.1% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (5.5%)
- Online Art Limited
5.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (34)
8 - Online Art Limited
34 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Online Art Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £70.7k, this is less efficient (£92.3k)
- Online Art Limited
£92.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Online Art Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Online Art Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 153 days, this is more than average (87 days)
- Online Art Limited
87 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 141 weeks, this is more cash available to meet short term requirements (25 weeks)
141 weeks - Online Art Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.9%, this is a lower level of debt than the average (64.9%)
16.9% - Online Art Limited
64.9% - Industry AVG
online art limited Credit Report and Business Information
Online Art Limited Competitor Analysis
Perform a competitor analysis for online art limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
online art limited Ownership
ONLINE ART LIMITED group structure
Online Art Limited has no subsidiary companies.
Ultimate parent company
ONLINE ART LIMITED
07380206
online art limited directors
Online Art Limited currently has 2 directors. The longest serving directors include Mr Suleyman Necati (Sep 2010) and Mr Jayhun Necati (Mar 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Suleyman Necati | England | 69 years | Sep 2010 | - | Director |
Mr Jayhun Necati | England | 40 years | Mar 2013 | - | Director |
ONLINE ART LIMITED financials
Online Art Limited's latest turnover from September 2023 is estimated at £565.4 thousand and the company has net assets of £417.6 thousand. According to their latest financial statements, Online Art Limited has 8 employees and maintains cash reserves of £230 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | |||||||||||||
Gross Profit | |||||||||||||
Admin Expenses | |||||||||||||
Operating Profit | |||||||||||||
Interest Payable | |||||||||||||
Interest Receivable | |||||||||||||
Pre-Tax Profit | |||||||||||||
Tax | |||||||||||||
Profit After Tax | |||||||||||||
Dividends Paid | |||||||||||||
Retained Profit | |||||||||||||
Employee Costs | |||||||||||||
Number Of Employees | 8 | 8 | 8 | 9 | 8 | 17 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 963,093 | 963,093 | 963,093 | 904,381 | 864,086 | 864,086 | 864,086 | 864,086 | 864,086 | 0 | 0 | 0 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 16,760 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 16,760 | 963,093 | 963,093 | 963,093 | 904,381 | 864,086 | 864,086 | 864,086 | 864,086 | 864,086 | 0 | 0 | 0 |
Stock & work in progress | 135,632 | 684,450 | 742,947 | 810,293 | 1,051,118 | 900,557 | 602,275 | 399,084 | 458,000 | 465,000 | 494,547 | 427,264 | 435,338 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34,963 | 27,099 | 26,669 | 28,678 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 120,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 229,961 | 0 | 0 | 29,158 | 0 | 0 | 0 | 0 | 0 | 19,939 | 15,630 | 15,679 | 36,289 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 485,593 | 684,450 | 742,947 | 839,451 | 1,051,118 | 900,557 | 602,275 | 399,084 | 492,963 | 512,038 | 536,846 | 471,621 | 471,627 |
total assets | 502,353 | 1,647,543 | 1,706,040 | 1,802,544 | 1,955,499 | 1,764,643 | 1,466,361 | 1,263,170 | 1,357,049 | 1,376,124 | 536,846 | 471,621 | 471,627 |
Bank overdraft | 0 | 406,152 | 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 |
Trade Creditors | 0 | 246,660 | 691,365 | 791,070 | 989,839 | 1,125,881 | 794,198 | 849,336 | 891,546 | 858,152 | 504,204 | 442,774 | 471,898 |
Group/Directors Accounts | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 84,797 | 40,658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 84,797 | 693,470 | 691,365 | 791,070 | 989,839 | 1,125,881 | 794,198 | 849,336 | 891,546 | 858,152 | 504,204 | 442,774 | 471,898 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 545,364 | 576,983 | 590,615 | 574,911 | 268,811 | 321,618 | 379,589 | 432,396 | 485,204 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 545,364 | 576,983 | 590,615 | 574,911 | 268,811 | 321,618 | 379,589 | 432,396 | 485,204 | 0 | 0 | 0 |
total liabilities | 84,797 | 1,238,834 | 1,268,348 | 1,381,685 | 1,564,750 | 1,394,692 | 1,115,816 | 1,228,925 | 1,323,942 | 1,343,356 | 504,204 | 442,774 | 471,898 |
net assets | 417,556 | 408,709 | 437,692 | 420,859 | 390,749 | 369,951 | 350,545 | 34,245 | 33,107 | 32,768 | 32,642 | 28,847 | -271 |
total shareholders funds | 417,556 | 408,709 | 437,692 | 420,859 | 390,749 | 369,951 | 350,545 | 34,245 | 33,107 | 32,768 | 32,642 | 28,847 | -271 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||
Stock | -548,818 | -58,497 | -67,346 | -240,825 | 150,561 | 298,282 | 203,191 | -58,916 | -7,000 | -29,547 | 67,283 | -8,074 | 435,338 |
Debtors | 136,760 | 0 | 0 | 0 | 0 | 0 | 0 | -34,963 | 7,864 | 430 | -2,009 | 28,678 | 0 |
Creditors | -246,660 | -444,705 | -99,705 | -198,769 | -136,042 | 331,683 | -55,138 | -42,210 | 33,394 | 353,948 | 61,430 | -29,124 | 471,898 |
Accruals and Deferred Income | 44,139 | 40,658 | 0 | 0 | 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 |
Cash flow from operations | |||||||||||||
Investing Activities | |||||||||||||
capital expenditure | |||||||||||||
Change in Investments | 0 | 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 | 0 |
Group/Directors Accounts | 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 | 0 | 0 |
Long term loans | 0 | 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 | 0 |
other long term liabilities | -545,364 | -31,619 | -13,632 | 15,704 | 306,100 | -52,807 | -57,971 | -52,807 | -52,808 | 485,204 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 229,961 | 0 | -29,158 | 29,158 | 0 | 0 | 0 | 0 | -19,939 | 4,309 | -49 | -20,610 | 36,289 |
overdraft | -406,152 | 406,152 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 636,113 | -406,152 | -29,158 | 29,158 | 0 | 0 | 0 | 0 | -19,939 | 4,309 | -49 | -20,610 | 36,289 |
P&L
September 2023turnover
565.4k
-50%
operating profit
28.4k
0%
gross margin
43.1%
+3.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
417.6k
+0.02%
total assets
502.4k
-0.7%
cash
230k
0%
net assets
Total assets minus all liabilities
online art limited company details
company number
07380206
Type
Private limited with Share Capital
industry
47190 - Other retail sale in non-specialised stores
incorporation date
September 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
crafty arts limited (January 2024)
incorporated
UK
address
22 rowan walk, hornchurch, RM11 2JA
last accounts submitted
September 2023
online 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 found 5 charges/mortgages relating to online art limited. Currently there are 2 open charges and 3 have been satisfied in the past.
online art limited Companies House Filings - See Documents
date | description | view/download |
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