Pomanda estimates the enterprise value of 44AD ARTSPACE CIC at £65.9k based on a Turnover of £112k and 0.59x industry multiple (adjusted for size and gross margin).
44ad artspace cicEstimated Valuation
£24.5k
Pomanda estimates the enterprise value of 44AD ARTSPACE CIC at £24.5k based on an EBITDA of £3.9k and a 6.25x industry multiple (adjusted for size and gross margin).
44ad artspace cicEstimated Valuation
£0
Pomanda estimates the enterprise value of 44AD ARTSPACE CIC at £0 based on Net Assets of £-13.7k and 0.94x industry multiple (adjusted for liquidity).
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44ad Artspace CicOverview
44ad Artspace Cic is a live company located in bath, BA1 2RW with a Companies House number of 08218325. It operates in the operation of arts facilities sector, SIC Code 90040. Founded in September 2012, it's largest shareholder is
katherine o'brien
with a 100% stake. 44ad Artspace Cic is a established,
micro sized company, Pomanda has estimated its turnover at
£112k with
healthy
growth in recent years.
Pomanda's financial health check has awarded 44Ad Artspace Cic a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £112k, make it smaller than the average company (£544.7k)
£112k - 44ad Artspace Cic
£544.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.1%)
10% - 44ad Artspace Cic
7.1% - Industry AVG
Production
with a gross margin of 56.9%, this company has a comparable cost of product (56.9%)
56.9% - 44ad Artspace Cic
56.9% - Industry AVG
Profitability
an operating margin of 3.5% make it more profitable than the average company (1.1%)
3.5% - 44ad Artspace Cic
1.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - 44ad Artspace Cic
13 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.8k)
£20.8k - 44ad Artspace Cic
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £112k, this is more efficient (£53.2k)
£112k - 44ad Artspace Cic
£53.2k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is later than average (9 days)
19 days - 44ad Artspace Cic
9 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (40 days)
0 days - 44ad Artspace Cic
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 44ad Artspace Cic
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is less cash available to meet short term requirements (95 weeks)
17 weeks - 44ad Artspace Cic
95 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 184.7%, this is a higher level of debt than the average (21.3%)
184.7% - 44ad Artspace Cic
21.3% - Industry AVG
44AD ARTSPACE CIC financials
EXPORT
44Ad Artspace Cic's latest turnover from March 2024 is estimated at £112 thousand and the company has net assets of -£13.7 thousand. According to their latest financial statements, 44Ad Artspace Cic has 1 employee and maintains cash reserves of £10.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
112,038
122,769
68,979
84,379
148,487
64,787
57,187
56,529
93,229
23,942
36,307
36,691
Other Income Or Grants
Cost Of Sales
48,303
45,165
24,922
31,542
53,477
10,725
1,157
635
36,287
8,532
13,987
16,224
Gross Profit
63,734
77,604
44,057
52,837
95,010
54,062
56,030
55,894
56,943
15,411
22,319
20,468
Admin Expenses
59,818
84,475
49,028
58,912
95,035
54,934
56,037
57,516
56,344
12,625
24,140
18,272
Operating Profit
3,916
-6,871
-4,971
-6,075
-25
-872
-7
-1,622
599
2,786
-1,821
2,196
Interest Payable
Interest Receivable
585
462
56
8
12
14
7
9
25
23
18
10
Pre-Tax Profit
4,501
-6,409
-4,915
-6,067
-13
-858
-1,613
624
2,809
-1,803
2,205
Tax
-1,125
-3
199
-125
-590
-529
Profit After Tax
3,376
-6,409
-4,915
-6,067
-13
-858
-3
-1,414
499
2,219
-1,803
1,676
Dividends Paid
Retained Profit
3,376
-6,409
-4,915
-6,067
-13
-858
-3
-1,414
499
2,219
-1,803
1,676
Employee Costs
20,836
19,975
39,385
38,080
37,106
36,308
37,220
37,515
37,515
19,288
20,011
20,017
Number Of Employees
1
1
2
2
2
2
2
2
2
1
1
1
EBITDA*
3,916
-6,871
-4,952
-6,055
348
-374
559
-1,011
1,264
3,408
-1,656
2,263
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
19
39
412
910
926
1,537
2,202
385
550
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
19
39
412
910
926
1,537
2,202
385
550
Stock & work in progress
Trade Debtors
5,961
5,808
767
5,762
6,284
2,511
2,606
3,262
750
1,133
1,157
Group Debtors
Misc Debtors
110
606
105
134
296
2,857
1,324
307
134
Cash
10,121
12,162
9,573
5,434
10,395
14,073
7,731
5,211
4,396
5,692
3,395
3,825
misc current assets
total current assets
16,192
18,576
10,445
5,568
16,453
23,214
11,566
8,124
7,792
6,442
4,528
4,982
total assets
16,192
18,576
10,445
5,587
16,492
23,626
12,476
9,050
9,329
8,644
4,913
5,532
Bank overdraft
Bank loan
Trade Creditors
39
26,424
12,500
4,465
3,605
45
556
5,193
6,551
5,039
3,855
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
29,866
9,241
8,625
6,887
16,190
19,706
11,258
7,316
1,544
total current liabilities
29,905
35,665
21,125
11,352
16,190
23,311
11,303
7,872
6,737
6,551
5,039
3,855
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
29,905
35,665
21,125
11,352
16,190
23,311
11,303
7,872
6,737
6,551
5,039
3,855
net assets
-13,713
-17,089
-10,680
-5,765
302
315
1,173
1,178
2,592
2,093
-126
1,677
total shareholders funds
-13,713
-17,089
-10,680
-5,765
302
315
1,173
1,178
2,592
2,093
-126
1,677
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
3,916
-6,871
-4,971
-6,075
-25
-872
-7
-1,622
599
2,786
-1,821
2,196
Depreciation
19
20
373
498
566
611
665
622
165
67
Amortisation
Tax
-1,125
-3
199
-125
-590
-529
Stock
Debtors
-343
5,542
738
-5,924
-3,083
5,306
922
-483
2,646
-383
-24
1,157
Creditors
-26,385
13,924
8,035
4,465
-3,605
3,560
-511
-4,637
-1,358
1,512
1,184
3,855
Accruals and Deferred Income
20,625
616
1,738
-9,303
-3,516
8,448
3,942
5,772
1,544
Deferred Taxes & Provisions
Cash flow from operations
-2,626
2,127
4,083
-4,969
-3,690
6,328
3,065
806
-1,321
4,713
-448
4,432
Investing Activities
capital expenditure
-550
-2,439
-617
Change in Investments
cash flow from investments
-550
-2,439
-617
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-2
1
interest
585
462
56
8
12
14
7
9
25
23
18
10
cash flow from financing
585
462
56
8
12
14
5
9
25
23
18
11
cash and cash equivalents
cash
-2,041
2,589
4,139
-4,961
-3,678
6,342
2,520
815
-1,296
2,297
-430
3,825
overdraft
change in cash
-2,041
2,589
4,139
-4,961
-3,678
6,342
2,520
815
-1,296
2,297
-430
3,825
44ad artspace cic Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 44ad artspace cic. Get real-time insights into 44ad artspace cic's credit score, group structure and payment trends.
Perform a competitor analysis for 44ad artspace cic by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BA1 area or any other competitors across 12 key performance metrics.
44ad artspace cic Ownership
44AD ARTSPACE CIC group structure
44Ad Artspace Cic has no subsidiary companies.
Ultimate parent company
44AD ARTSPACE CIC
08218325
44AD ARTSPACE CIC Shareholders
The sole shareholder of 44Ad Artspace Cic is Katherine O'Brien.
katherine o'brien
100%
44ad artspace cic directors
44Ad Artspace Cic currently has 1 director, Ms Katherine O'Brien serving since Sep 2012.
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 44ad artspace cic.
44ad artspace cic 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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44ad artspace cicCompanies House Filings - See Documents
