pias digital limited Company Information
Company Number
08311184
Next Accounts
104 days late
Industry
Artistic creation
Shareholders
lgs2 sprl
Group Structure
View All
Contact
Registered Address
1 bevington path, london, SE1 3PW
Website
www.pias.compias digital limited Estimated Valuation
Pomanda estimates the enterprise value of PIAS DIGITAL LIMITED at £276.6k based on a Turnover of £587.5k and 0.47x industry multiple (adjusted for size and gross margin).
pias digital limited Estimated Valuation
Pomanda estimates the enterprise value of PIAS DIGITAL LIMITED at £3.6m based on an EBITDA of £561.3k and a 6.42x industry multiple (adjusted for size and gross margin).
pias digital limited Estimated Valuation
Pomanda estimates the enterprise value of PIAS DIGITAL LIMITED at £0 based on Net Assets of £-1.9m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Pias Digital Limited Overview
Pias Digital Limited is a live company located in london, SE1 3PW with a Companies House number of 08311184. It operates in the artistic creation sector, SIC Code 90030. Founded in November 2012, it's largest shareholder is lgs2 sprl with a 100% stake. Pias Digital Limited is a established, small sized company, Pomanda has estimated its turnover at £587.5k with declining growth in recent years.
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Pias Digital Limited Health Check
Pomanda's financial health check has awarded Pias Digital Limited a 3 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
2 Regular
5 Weak
Size
annual sales of £587.5k, make it larger than the average company (£353k)
£587.5k - Pias Digital Limited
£353k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (3.9%)
-7% - Pias Digital Limited
3.9% - Industry AVG
Production
with a gross margin of 44.3%, this company has a higher cost of product (57.3%)
44.3% - Pias Digital Limited
57.3% - Industry AVG
Profitability
an operating margin of 95.5% make it more profitable than the average company (8.6%)
95.5% - Pias Digital Limited
8.6% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
- Pias Digital Limited
6 - Industry AVG
Pay Structure
on an average salary of £28k, the company has an equivalent pay structure (£28k)
- Pias Digital Limited
£28k - Industry AVG
Efficiency
resulting in sales per employee of £73.4k, this is equally as efficient (£79.7k)
- Pias Digital Limited
£79.7k - Industry AVG
Debtor Days
it gets paid by customers after 774 days, this is later than average (17 days)
774 days - Pias Digital Limited
17 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Pias Digital Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pias Digital Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (80 weeks)
0 weeks - Pias Digital Limited
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.6%, this is a higher level of debt than the average (40.9%)
105.6% - Pias Digital Limited
40.9% - Industry AVG
PIAS DIGITAL LIMITED financials
Pias Digital Limited's latest turnover from December 2022 is £587.5 thousand and the company has net assets of -£1.9 million. According to their latest financial statements, we estimate that Pias Digital Limited has 8 employees and maintains cash reserves of £51.5 thousand 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 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | 587,458 | 442,627 | 701,104 | 731,879 | 693,938 | 819,311 | 807,820 | 757,226 | 846,525 | 484,279 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 327,287 | 260,523 | 247,185 | 168,335 | 145,231 | 135,658 | 157,502 | 132,493 | 113,831 | 130,109 |
Gross Profit | 260,171 | 182,104 | 453,919 | 563,544 | 548,707 | 683,653 | 650,318 | 624,733 | 732,694 | 354,170 |
Admin Expenses | 973,601 | 1,210,672 | 478,596 | 526,564 | 586,850 | |||||
Operating Profit | -424,894 | -527,019 | 171,722 | 98,169 | 145,844 | |||||
Interest Payable | 225,391 | 137,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 455,380 | -777,204 | -441,387 | -417,370 | -424,894 | -527,019 | 171,722 | 98,169 | 145,844 | 55,840 |
Tax | 0 | -106,800 | 0 | 0 | 0 | -35,134 | -52,323 | -34,771 | -35,277 | 0 |
Profit After Tax | 455,380 | -884,004 | -441,387 | -417,370 | -424,894 | -562,153 | 119,399 | 63,398 | 110,567 | 55,840 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 455,380 | -884,004 | -441,387 | -417,370 | -424,894 | -562,153 | 119,399 | 63,398 | 110,567 | 55,840 |
Employee Costs | 306,671 | 0 | 214,131 | 190,307 | ||||||
Number Of Employees | 3 | 4 | 5 | 3 | 4 | 6 | 6 | |||
EBITDA* | -424,894 | -527,019 | 171,722 | 98,169 | 145,844 |
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 172,427 | 162,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 172,427 | 162,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,246,944 | 1,256,348 | 1,121,287 | 1,580,971 | 506,341 | 2,052,112 | 1,425,373 | 1,542,768 | 1,196,330 | 1,269,195 |
Group Debtors | 29,537,264 | 37,246,802 | 39,561,635 | 120,165,316 | 95,528,878 | 130,404,874 | 105,182,537 | 68,066,229 | 39,695,918 | 19,534,946 |
Misc Debtors | 3,679,823 | 3,547,076 | 3,188,150 | 3,010,126 | 4,132,905 | 3,142,528 | 2,731,557 | 2,262,839 | 2,875,173 | 1,194,541 |
Cash | 51,502 | 2,217 | 2,273 | 1,257,010 | 1,013,940 | 150,661 | 243,683 | 969,497 | 2,640 | 13,850 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 34,515,533 | 42,052,443 | 43,873,345 | 126,013,423 | 101,182,064 | 135,750,175 | 109,583,150 | 72,841,333 | 43,770,061 | 22,012,532 |
total assets | 34,687,960 | 42,215,436 | 43,873,345 | 126,013,423 | 101,182,064 | 135,750,175 | 109,583,150 | 72,841,333 | 43,770,061 | 22,012,532 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 292,727 | 258,260 | 0 | 0 | 0 | 0 | 21,052 |
Group/Directors Accounts | 35,053,172 | 43,565,905 | 44,402,729 | 126,451,948 | 100,606,215 | 134,379,377 | 107,536,110 | 71,266,189 | 42,409,912 | 21,870,373 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,559,912 | 1,030,035 | 967,116 | 323,861 | 955,332 | 1,583,647 | 1,697,736 | 1,345,239 | 1,193,642 | 65,167 |
total current liabilities | 36,613,084 | 44,595,940 | 45,369,845 | 127,068,536 | 101,819,807 | 135,963,024 | 109,233,846 | 72,611,428 | 43,603,554 | 21,956,592 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 36,613,084 | 44,595,940 | 45,369,845 | 127,068,536 | 101,819,807 | 135,963,024 | 109,233,846 | 72,611,428 | 43,603,554 | 21,956,592 |
net assets | -1,925,124 | -2,380,504 | -1,496,500 | -1,055,113 | -637,743 | -212,849 | 349,304 | 229,905 | 166,507 | 55,940 |
total shareholders funds | -1,925,124 | -2,380,504 | -1,496,500 | -1,055,113 | -637,743 | -212,849 | 349,304 | 229,905 | 166,507 | 55,940 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | -424,894 | -527,019 | 171,722 | 98,169 | 145,844 | |||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | -106,800 | 0 | 0 | 0 | -35,134 | -52,323 | -34,771 | -35,277 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -7,576,761 | -1,657,853 | -80,885,341 | 24,588,289 | -35,431,390 | 26,260,047 | 37,467,631 | 28,104,415 | 21,768,739 | 21,998,682 |
Creditors | 0 | 0 | -292,727 | 34,467 | 258,260 | 0 | 0 | 0 | -21,052 | 21,052 |
Accruals and Deferred Income | 529,877 | 62,919 | 643,255 | -631,471 | -628,315 | -114,089 | 352,497 | 151,597 | 1,128,475 | 65,167 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 34,636,441 | -26,936,289 | -36,995,735 | -27,889,420 | -20,550,749 | |||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 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 |
Group/Directors Accounts | -8,512,733 | -836,824 | -82,049,219 | 25,845,733 | -33,773,162 | 26,843,267 | 36,269,921 | 28,856,277 | 20,539,539 | 21,870,373 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||
interest | -225,391 | -137,993 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | -8,738,124 | -974,817 | -82,049,219 | 25,845,733 | -33,773,162 | 26,843,267 | 36,269,921 | 28,856,277 | 20,539,539 | 21,870,473 |
cash and cash equivalents | ||||||||||
cash | 49,285 | -56 | -1,254,737 | 243,070 | 863,279 | -93,022 | -725,814 | 966,857 | -11,210 | 13,850 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 49,285 | -56 | -1,254,737 | 243,070 | 863,279 | -93,022 | -725,814 | 966,857 | -11,210 | 13,850 |
pias digital limited Credit Report and Business Information
Pias Digital Limited Competitor Analysis
Perform a competitor analysis for pias digital limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.
pias digital limited Ownership
PIAS DIGITAL LIMITED group structure
Pias Digital Limited has no subsidiary companies.
Ultimate parent company
LGS 2 SPRL
#0030021
1 parent
PIAS DIGITAL LIMITED
08311184
pias digital limited directors
Pias Digital Limited currently has 3 directors. The longest serving directors include Mr Nicholas Hartley (Nov 2012) and Mr Kenneth Gates (Nov 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nicholas Hartley | 64 years | Nov 2012 | - | Director | |
Mr Kenneth Gates | England | 62 years | Nov 2012 | - | Director |
Mr Adrian Pope | United Kingdom | 53 years | Nov 2012 | - | Director |
P&L
December 2022turnover
587.5k
+33%
operating profit
561.3k
0%
gross margin
44.3%
+7.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.9m
-0.19%
total assets
34.7m
-0.18%
cash
51.5k
+22.23%
net assets
Total assets minus all liabilities
pias digital limited company details
company number
08311184
Type
Private limited with Share Capital
industry
90030 - Artistic creation
incorporation date
November 2012
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
1 bevington path, london, SE1 3PW
Bank
COUTTS & CO
Legal Advisor
-
pias digital 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 pias digital limited. Currently there are 2 open charges and 3 have been satisfied in the past.
pias digital limited 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.
Click to start generating capital raising & share issue transactions for PIAS DIGITAL LIMITED. This can take several minutes, an email will notify you when this has completed.
pias digital limited Companies House Filings - See Documents
date | description | view/download |
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