Pomanda estimates the enterprise value of ARTECH LIGHTING LIMITED at £2.4m based on a Turnover of £4.7m and 0.51x industry multiple (adjusted for size and gross margin).
artech lighting limitedEstimated Valuation
£596.3k
Pomanda estimates the enterprise value of ARTECH LIGHTING LIMITED at £596.3k based on an EBITDA of £154.1k and a 3.87x industry multiple (adjusted for size and gross margin).
artech lighting limitedEstimated Valuation
£2.4m
Pomanda estimates the enterprise value of ARTECH LIGHTING LIMITED at £2.4m based on Net Assets of £1.4m and 1.71x industry multiple (adjusted for liquidity).
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Artech Lighting LimitedOverview
Artech Lighting Limited is a live company located in durham city, DH7 8RJ with a Companies House number of 08410254. It operates in the manufacture of electric lighting equipment sector, SIC Code 27400. Founded in February 2013, it's largest shareholder is
stuart hylton
with a 33.3% stake. Artech Lighting Limited is a established,
small sized company, Pomanda has estimated its turnover at
£4.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Artech Lighting Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £4.7m, make it smaller than the average company (£12.1m)
£4.7m - Artech Lighting Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (7.5%)
52% - Artech Lighting Limited
7.5% - Industry AVG
Production
with a gross margin of 35.3%, this company has a comparable cost of product (35.3%)
35.3% - Artech Lighting Limited
35.3% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.9%)
2.1% - Artech Lighting Limited
5.9% - Industry AVG
Employees
with 25 employees, this is below the industry average (61)
25 - Artech Lighting Limited
61 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
£47.6k - Artech Lighting Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £189.8k, this is equally as efficient (£200.3k)
£189.8k - Artech Lighting Limited
£200.3k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (48 days)
77 days - Artech Lighting Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (36 days)
30 days - Artech Lighting Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 77 days, this is less than average (100 days)
77 days - Artech Lighting Limited
100 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is more cash available to meet short term requirements (10 weeks)
34 weeks - Artech Lighting Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.7%, this is a lower level of debt than the average (48%)
38.7% - Artech Lighting Limited
48% - Industry AVG
ARTECH LIGHTING LIMITED financials
EXPORT
Artech Lighting Limited's latest turnover from April 2024 is estimated at £4.7 million and the company has net assets of £1.4 million. According to their latest financial statements, Artech Lighting Limited has 25 employees and maintains cash reserves of £490.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Turnover
4,746,117
3,042,522
2,697,554
1,339,149
1,143,768
579,900
Other Income Or Grants
Cost Of Sales
3,070,251
2,002,788
1,855,416
939,168
772,880
383,881
Gross Profit
1,675,866
1,039,734
842,138
399,981
370,888
196,019
Admin Expenses
1,577,472
-326,576
605,030
221,126
136,369
391,546
-17,215
Operating Profit
98,394
1,366,310
237,108
178,855
234,519
-195,527
17,215
Interest Payable
18,000
22,550
18,563
9,150
Interest Receivable
32,535
17,591
682
705
660
46
Pre-Tax Profit
112,929
1,361,351
219,227
170,410
235,179
-195,482
17,215
Tax
-28,232
-340,338
-41,653
-32,378
-44,684
-3,271
Profit After Tax
84,697
1,021,013
177,574
138,032
190,495
-195,482
13,944
Dividends Paid
Retained Profit
84,697
1,021,013
177,574
138,032
190,495
-195,482
13,944
Employee Costs
1,190,758
924,940
664,095
465,494
216,765
123,804
Number Of Employees
25
21
15
12
5
3
EBITDA*
154,120
1,419,262
258,152
186,904
239,803
-194,646
17,215
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Tangible Assets
142,478
186,999
214,110
32,375
28,531
7,527
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
142,478
186,999
214,110
32,375
28,531
7,527
Stock & work in progress
650,047
668,054
558,585
324,331
160,686
31,018
Trade Debtors
1,001,710
637,075
573,437
283,076
259,529
158,798
Group Debtors
Misc Debtors
49,339
45,615
82,663
65,698
133,692
14,103
14,049
Cash
490,846
748,579
79,219
102,663
1,307,244
12,132
misc current assets
total current assets
2,191,942
2,099,323
1,293,904
775,768
1,861,151
216,051
14,049
total assets
2,334,420
2,286,322
1,508,014
808,143
1,889,682
223,578
14,049
Bank overdraft
60,000
60,000
60,000
55,000
Bank loan
Trade Creditors
253,586
190,524
369,746
104,784
181,544
83,955
Group/Directors Accounts
21,793
26,635
343,289
200,887
1,687,722
240,444
other short term finances
hp & lease commitments
23,122
21,553
19,985
other current liabilities
381,378
376,569
42,537
49,224
11,351
80,609
total current liabilities
739,879
675,281
835,557
409,895
1,880,617
405,008
loans
70,000
130,000
190,000
245,000
hp & lease commitments
48,701
71,823
93,376
Accruals and Deferred Income
9,839
16,784
23,729
other liabilities
provisions
35,620
46,750
40,681
6,151
total long term liabilities
164,160
265,357
347,786
251,151
total liabilities
904,039
940,638
1,183,343
661,046
1,880,617
405,008
net assets
1,430,381
1,345,684
324,671
147,097
9,065
-181,430
14,049
total shareholders funds
1,430,381
1,345,684
324,671
147,097
9,065
-181,430
14,049
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Operating Activities
Operating Profit
98,394
1,366,310
237,108
178,855
234,519
-195,527
17,215
Depreciation
55,726
52,952
21,044
8,049
5,284
881
Amortisation
Tax
-28,232
-340,338
-41,653
-32,378
-44,684
-3,271
Stock
-18,007
109,469
234,254
163,645
129,668
31,018
Debtors
368,359
26,590
307,326
-44,447
220,320
158,852
14,049
Creditors
63,062
-179,222
264,962
-76,760
97,589
83,955
Accruals and Deferred Income
-2,136
327,087
17,042
37,873
-69,258
80,609
Deferred Taxes & Provisions
-11,130
6,069
34,530
6,151
Cash flow from operations
-174,668
1,096,799
-8,547
2,592
-126,538
-219,952
-105
Investing Activities
capital expenditure
-11,205
-25,841
-202,779
-11,893
-26,288
-8,408
Change in Investments
cash flow from investments
-11,205
-25,841
-202,779
-11,893
-26,288
-8,408
Financing Activities
Bank loans
Group/Directors Accounts
-4,842
-316,654
142,402
-1,486,835
1,447,278
240,444
Other Short Term Loans
Long term loans
-60,000
-60,000
-55,000
245,000
Hire Purchase and Lease Commitments
-21,553
-19,985
113,361
other long term liabilities
share issue
3
105
interest
14,535
-4,959
-17,881
-8,445
660
46
cash flow from financing
-71,860
-401,598
182,882
-1,250,280
1,447,938
240,493
105
cash and cash equivalents
cash
-257,733
669,360
-23,444
-1,204,581
1,295,112
12,132
overdraft
5,000
55,000
change in cash
-257,733
669,360
-28,444
-1,259,581
1,295,112
12,132
artech lighting limited 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 artech lighting limited. Get real-time insights into artech lighting limited's credit score, group structure and payment trends.
Perform a competitor analysis for artech lighting limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in DH7 area or any other competitors across 12 key performance metrics.
artech lighting limited Ownership
ARTECH LIGHTING LIMITED group structure
Artech Lighting Limited has no subsidiary companies.
Ultimate parent company
ARTECH LIGHTING LIMITED
08410254
ARTECH LIGHTING LIMITED Shareholders
The largest shareholders in Artech Lighting Limited include Stuart Hylton and Richard David Lewis.
stuart hylton
33.33%
richard david lewis
22.07%
anthony james lewis
22.07%
gemma victoria lewis
21.6%
david francis lewis
0.47%
james michael lewis
0.47%
artech lighting limited directors
Artech Lighting Limited currently has 3 directors.
The longest serving directors include
Mr David Lewis (Feb 2013) and
Mr James Lewis (Feb 2013).
27400 - Manufacture of electric lighting equipment
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
CLIVE OWEN LLP
auditor
-
address
st john's road, meadowfield industrial estate, durham city, DH7 8RJ
Bank
-
Legal Advisor
-
artech lighting 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 2 charges/mortgages relating to artech lighting limited. Currently there are 2 open charges and 0 have been satisfied in the past.
artech lighting 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 ARTECH LIGHTING LIMITED. This can take several minutes, an email will notify you when this has completed.
artech lighting limitedCompanies House Filings - See Documents
