art84 ltd
art84 ltd Company Information
Company Number
07631964
Next Accounts
Feb 2025
Shareholders
ian whittaker & paul whittaker
Group Structure
View All
Industry
Public houses and bars
Registered Address
41 burscough street, ormskirk, L39 2EG
Website
-art84 ltd Estimated Valuation
Pomanda estimates the enterprise value of ART84 LTD at £42.7k based on a Turnover of £79.7k and 0.54x industry multiple (adjusted for size and gross margin).
art84 ltd Estimated Valuation
Pomanda estimates the enterprise value of ART84 LTD at £15.2k based on an EBITDA of £4.3k and a 3.52x industry multiple (adjusted for size and gross margin).
art84 ltd Estimated Valuation
Pomanda estimates the enterprise value of ART84 LTD at £6.3k based on Net Assets of £2.9k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Art84 Ltd Overview
Art84 Ltd is a live company located in ormskirk, L39 2EG with a Companies House number of 07631964. It operates in the public houses and bars sector, SIC Code 56302. Founded in May 2011, it's largest shareholder is ian whittaker & paul whittaker with a 100% stake. Art84 Ltd is a established, micro sized company, Pomanda has estimated its turnover at £79.7k with high growth in recent years.
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Art84 Ltd Health Check
Pomanda's financial health check has awarded Art84 Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £79.7k, make it smaller than the average company (£551k)
- Art84 Ltd
£551k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.9%)
- Art84 Ltd
2.9% - Industry AVG
Production
with a gross margin of 42.5%, this company has a higher cost of product (58.2%)
- Art84 Ltd
58.2% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (6.4%)
- Art84 Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Art84 Ltd
13 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Art84 Ltd
£15k - Industry AVG
Efficiency
resulting in sales per employee of £79.7k, this is more efficient (£48k)
- Art84 Ltd
£48k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (9 days)
- Art84 Ltd
9 days - Industry AVG
Creditor Days
its suppliers are paid after 198 days, this is slower than average (54 days)
- Art84 Ltd
54 days - Industry AVG
Stock Days
it holds stock equivalent to 30 days, this is more than average (17 days)
- Art84 Ltd
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (16 weeks)
4 weeks - Art84 Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (75.6%)
89.6% - Art84 Ltd
75.6% - Industry AVG
ART84 LTD financials
Art84 Ltd's latest turnover from May 2023 is estimated at £79.7 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, Art84 Ltd has 1 employee and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 48,483 | |||||||||||
| 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 | 1 | 2 | 3 | 3 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,706 | 3,215 | 3,520 | 4,012 | 4,265 | 4,947 | 4,875 | 553 | 580 | 330 | 440 | 550 |
| 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 | 4,706 | 3,215 | 3,520 | 4,012 | 4,265 | 4,947 | 4,875 | 553 | 580 | 330 | 440 | 550 |
| Stock & work in progress | 3,850 | 2,500 | 1,500 | 700 | 4,500 | 4,650 | 4,500 | 2,050 | 650 | 870 | 292 | 860 |
| Trade Debtors | 17,541 | 707 | 168 | 2,186 | 198 | 190 | 0 | 0 | 0 | 0 | 2,127 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 2,147 | 1,711 | 1,344 | 607 | 1,315 | 1,430 | 2,112 | 851 | 1,170 | 94 | 129 | 201 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,538 | 4,918 | 3,012 | 3,493 | 6,013 | 6,270 | 6,612 | 2,901 | 1,820 | 964 | 2,548 | 1,061 |
| total assets | 28,244 | 8,133 | 6,532 | 7,505 | 10,278 | 11,217 | 11,487 | 3,454 | 2,400 | 1,294 | 2,988 | 1,611 |
| 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 | 24,862 | 7,833 | 12,901 | 31,158 | 39,262 | 41,290 | 37,374 | 14,100 | 8,368 | 7,162 | 10,000 | 10,000 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 24,862 | 7,833 | 12,901 | 31,158 | 39,262 | 41,290 | 37,374 | 14,100 | 8,368 | 7,162 | 10,000 | 10,000 |
| 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 | 250 | 0 |
| provisions | 457 | 174 | 232 | 325 | 373 | 503 | 515 | 110 | 116 | 250 | 0 | 0 |
| total long term liabilities | 457 | 174 | 232 | 325 | 373 | 503 | 515 | 110 | 116 | 250 | 250 | 0 |
| total liabilities | 25,319 | 8,007 | 13,133 | 31,483 | 39,635 | 41,793 | 37,889 | 14,210 | 8,484 | 7,412 | 10,250 | 10,000 |
| net assets | 2,925 | 126 | -6,601 | -23,978 | -29,357 | -30,576 | -26,402 | -10,756 | -6,084 | -6,118 | -7,262 | -8,389 |
| total shareholders funds | 2,925 | 126 | -6,601 | -23,978 | -29,357 | -30,576 | -26,402 | -10,756 | -6,084 | -6,118 | -7,262 | -8,389 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 659 | 305 | 492 | 628 | 682 | 883 | 941 | 257 | 230 | 110 | 110 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 1,350 | 1,000 | 800 | -3,800 | -150 | 150 | 2,450 | 1,400 | -220 | 578 | -568 | 860 |
| Debtors | 16,834 | 539 | -2,018 | 1,988 | 8 | 190 | 0 | 0 | 0 | -2,127 | 2,127 | 0 |
| Creditors | 17,029 | -5,068 | -18,257 | -8,104 | -2,028 | 3,916 | 23,274 | 5,732 | 1,206 | -2,838 | 0 | 10,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 283 | -58 | -93 | -48 | -130 | -12 | 405 | -6 | -134 | 250 | 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 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| 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 | -250 | 250 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 436 | 367 | 737 | -708 | -115 | -682 | 1,261 | -319 | 1,076 | -35 | -72 | 201 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 436 | 367 | 737 | -708 | -115 | -682 | 1,261 | -319 | 1,076 | -35 | -72 | 201 |
art84 ltd Credit Report and Business Information
Art84 Ltd Competitor Analysis
Perform a competitor analysis for art84 ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in L39 area or any other competitors across 12 key performance metrics.
art84 ltd Ownership
ART84 LTD group structure
Art84 Ltd has no subsidiary companies.
Ultimate parent company
ART84 LTD
07631964
art84 ltd directors
Art84 Ltd currently has 2 directors. The longest serving directors include Mr Ian Whittaker (Jul 2014) and Mr Paul Whittaker (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Whittaker | England | 57 years | Jul 2014 | - | Director |
| Mr Paul Whittaker | England | 34 years | Jul 2014 | - | Director |
P&L
May 2023turnover
79.7k
+1043%
operating profit
3.6k
0%
gross margin
42.6%
+4.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.9k
+22.21%
total assets
28.2k
+2.47%
cash
2.1k
+0.25%
net assets
Total assets minus all liabilities
Similar Companies
art84 ltd company details
company number
07631964
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
DOUGLAS FAIRLESS PARTNERSHIP
auditor
-
address
41 burscough street, ormskirk, L39 2EG
Bank
-
Legal Advisor
-
art84 ltd 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 did not find charges/mortgages relating to art84 ltd.
art84 ltd 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.
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art84 ltd Companies House Filings - See Documents
| date | description | view/download |
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