pias digital limited

pias digital limited Company Information

Share PIAS DIGITAL LIMITED
Live 
EstablishedSmallDeclining

Company Number

08311184

Industry

Artistic creation

 

Shareholders

lgs2 sprl

Group Structure

View All

Contact

Registered Address

1 bevington path, london, SE1 3PW

pias digital limited Estimated Valuation

£276.6k

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

£3.6m

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

£0

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).

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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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £587.5k, make it larger than the average company (£353k)

£587.5k - Pias Digital Limited

£353k - Industry AVG

growth

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

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

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

Employees

with 8 employees, this is above the industry average (6)

8 - Pias Digital Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £28k, the company has an equivalent pay structure (£28k)

£28k - Pias Digital Limited

£28k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £73.4k, this is equally as efficient (£79.7k)

£73.4k - Pias Digital Limited

£79.7k - Industry AVG

debtordays

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

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Pias Digital Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pias Digital Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover587,458442,627701,104731,879693,938819,311807,820757,226846,525484,279
Other Income Or Grants0000000000
Cost Of Sales327,287260,523247,185168,335145,231135,658157,502132,493113,831130,109
Gross Profit260,171182,104453,919563,544548,707683,653650,318624,733732,694354,170
Admin Expenses-301,0861,066,114895,936989,430973,6011,210,672478,596526,564586,850281,685
Operating Profit561,257-884,010-442,017-425,886-424,894-527,019171,72298,169145,84472,485
Interest Payable225,391137,99300000000
Interest Receivable0000000000
Pre-Tax Profit455,380-777,204-441,387-417,370-424,894-527,019171,72298,169145,84455,840
Tax0-106,800000-35,134-52,323-34,771-35,2770
Profit After Tax455,380-884,004-441,387-417,370-424,894-562,153119,39963,398110,56755,840
Dividends Paid0000000000
Retained Profit455,380-884,004-441,387-417,370-424,894-562,153119,39963,398110,56755,840
Employee Costs224,022195,28582,495107,972134,61278,760306,6710214,131190,307
Number Of Employees8734534966
EBITDA*561,257-884,010-442,017-425,886-424,894-527,019171,72298,169145,84472,485

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets0000000000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)172,427162,99300000000
Total Fixed Assets172,427162,99300000000
Stock & work in progress0000000000
Trade Debtors1,246,9441,256,3481,121,2871,580,971506,3412,052,1121,425,3731,542,7681,196,3301,269,195
Group Debtors29,537,26437,246,80239,561,635120,165,31695,528,878130,404,874105,182,53768,066,22939,695,91819,534,946
Misc Debtors3,679,8233,547,0763,188,1503,010,1264,132,9053,142,5282,731,5572,262,8392,875,1731,194,541
Cash51,5022,2172,2731,257,0101,013,940150,661243,683969,4972,64013,850
misc current assets0000000000
total current assets34,515,53342,052,44343,873,345126,013,423101,182,064135,750,175109,583,15072,841,33343,770,06122,012,532
total assets34,687,96042,215,43643,873,345126,013,423101,182,064135,750,175109,583,15072,841,33343,770,06122,012,532
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 000292,727258,260000021,052
Group/Directors Accounts35,053,17243,565,90544,402,729126,451,948100,606,215134,379,377107,536,11071,266,18942,409,91221,870,373
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities1,559,9121,030,035967,116323,861955,3321,583,6471,697,7361,345,2391,193,64265,167
total current liabilities36,613,08444,595,94045,369,845127,068,536101,819,807135,963,024109,233,84672,611,42843,603,55421,956,592
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities36,613,08444,595,94045,369,845127,068,536101,819,807135,963,024109,233,84672,611,42843,603,55421,956,592
net assets-1,925,124-2,380,504-1,496,500-1,055,113-637,743-212,849349,304229,905166,50755,940
total shareholders funds-1,925,124-2,380,504-1,496,500-1,055,113-637,743-212,849349,304229,905166,50755,940
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit561,257-884,010-442,017-425,886-424,894-527,019171,72298,169145,84472,485
Depreciation0000000000
Amortisation0000000000
Tax0-106,800000-35,134-52,323-34,771-35,2770
Stock0000000000
Debtors-7,576,761-1,657,853-80,885,34124,588,289-35,431,39026,260,04737,467,63128,104,41521,768,73921,998,682
Creditors00-292,72734,467258,260000-21,05221,052
Accruals and Deferred Income529,87762,919643,255-631,471-628,315-114,089352,497151,5971,128,47565,167
Deferred Taxes & Provisions0000000000
Cash flow from operations8,667,895729,96280,793,852-25,611,17934,636,441-26,936,289-36,995,735-27,889,420-20,550,749-21,839,978
Investing Activities
capital expenditure0000000000
Change in Investments0000000000
cash flow from investments0000000000
Financing Activities
Bank loans0000000000
Group/Directors Accounts-8,512,733-836,824-82,049,21925,845,733-33,773,16226,843,26736,269,92128,856,27720,539,53921,870,373
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000000100
interest-225,391-137,99300000000
cash flow from financing-8,738,124-974,817-82,049,21925,845,733-33,773,16226,843,26736,269,92128,856,27720,539,53921,870,473
cash and cash equivalents
cash49,285-56-1,254,737243,070863,279-93,022-725,814966,857-11,21013,850
overdraft0000000000
change in cash49,285-56-1,254,737243,070863,279-93,022-725,814966,857-11,21013,850

pias digital limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pias Digital Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

lgs2 sprl 100%

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).

officercountryagestartendrole
Mr Nicholas Hartley64 years Nov 2012- Director
Mr Kenneth GatesEngland62 years Nov 2012- Director
Mr Adrian PopeUnited Kingdom53 years Nov 2012- Director

P&L

December 2022

turnover

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 2022

net 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

LGS 2 SPRL

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.

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pias digital limited Companies House Filings - See Documents

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