ardco limited
ardco limited Company Information
Company Number
08432614
Next Accounts
Jun 2025
Directors
Shareholders
sven bennie gray
executors of reginald riton davis
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
zellig reception zellig, gibb street, birmingham, B9 4AT
Website
sunmachinery.comardco limited Estimated Valuation
Pomanda estimates the enterprise value of ARDCO LIMITED at £2.6m based on a Turnover of £2.7m and 0.97x industry multiple (adjusted for size and gross margin).
ardco limited Estimated Valuation
Pomanda estimates the enterprise value of ARDCO LIMITED at £16.7k based on an EBITDA of £4.3k and a 3.88x industry multiple (adjusted for size and gross margin).
ardco limited Estimated Valuation
Pomanda estimates the enterprise value of ARDCO LIMITED at £0 based on Net Assets of £-1.2m and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ardco Limited Overview
Ardco Limited is a live company located in birmingham, B9 4AT with a Companies House number of 08432614. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2013, it's largest shareholder is sven bennie gray with a 100% stake. Ardco Limited is a established, small sized company, Pomanda has estimated its turnover at £2.7m with healthy growth in recent years.
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Ardco Limited Health Check
Pomanda's financial health check has awarded Ardco Limited a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.7m, make it smaller than the average company (£5.2m)
- Ardco Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (4%)
- Ardco Limited
4% - Industry AVG
Production
with a gross margin of 44.1%, this company has a higher cost of product (63.8%)
- Ardco Limited
63.8% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (8.3%)
- Ardco Limited
8.3% - Industry AVG
Employees
with 23 employees, this is below the industry average (80)
- Ardco Limited
80 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£22.7k)
- Ardco Limited
£22.7k - Industry AVG
Efficiency
resulting in sales per employee of £117.6k, this is more efficient (£68.4k)
- Ardco Limited
£68.4k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is later than average (8 days)
- Ardco Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 643 days, this is slower than average (47 days)
- Ardco Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ardco Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ardco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 176.1%, this is a higher level of debt than the average (74.6%)
176.1% - Ardco Limited
74.6% - Industry AVG
ARDCO LIMITED financials
Ardco Limited's latest turnover from September 2023 is estimated at £2.7 million and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that Ardco Limited has 23 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 616,475 | 706,086 | ||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 310,104 | 391,666 | ||||||||
| Gross Profit | 306,371 | 314,420 | ||||||||
| Admin Expenses | 564,915 | 500,051 | ||||||||
| Operating Profit | -258,544 | -185,631 | ||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | -258,544 | -185,631 | ||||||||
| Tax | ||||||||||
| Profit After Tax | -258,544 | -185,631 | ||||||||
| Dividends Paid | ||||||||||
| Retained Profit | -258,544 | -185,631 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 10 | 10 | 18 | ||||||
| EBITDA* | -141,882 | -143,666 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,385,985 | 1,395,701 | 1,395,559 | 1,417,745 | 1,426,550 | 1,446,771 | 1,458,651 | 1,473,955 | 1,493,927 | 1,511,787 |
| Intangible Assets | 116,662 | 136,105 | 155,549 | 174,992 | ||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,385,985 | 1,395,701 | 1,395,559 | 1,417,745 | 1,426,550 | 1,446,771 | 1,575,313 | 1,610,060 | 1,649,476 | 1,686,779 |
| Stock & work in progress | 10,119 | 10,119 | 10,119 | 10,119 | 13,835 | |||||
| Trade Debtors | 123,952 | 98,294 | 92,367 | 87,075 | 69,872 | 3,543 | 9,288 | 37,447 | 36,128 | |
| Group Debtors | ||||||||||
| Misc Debtors | 4,984 | 25,170 | 4,392 | 4,137 | 23,970 | 67,779 | 23,002 | |||
| Cash | 4,357 | 13,450 | 7,378 | 11,281 | 12,486 | |||||
| misc current assets | 9,291 | |||||||||
| total current assets | 128,936 | 123,464 | 96,759 | 91,212 | 79,163 | 41,989 | 91,348 | 49,787 | 58,847 | 62,449 |
| total assets | 1,514,921 | 1,519,165 | 1,492,318 | 1,508,957 | 1,505,713 | 1,488,760 | 1,666,661 | 1,659,847 | 1,708,323 | 1,749,228 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 2,665,784 | 2,674,904 | 2,650,706 | 2,638,124 | 2,620,710 | 87,196 | 133,797 | 95,895 | 2,258,993 | 2,024,529 |
| Group/Directors Accounts | 2,399,387 | 2,257,503 | 2,120,665 | |||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 45,731 | 60,371 | 42,666 | |||||||
| total current liabilities | 2,665,784 | 2,674,904 | 2,650,706 | 2,638,124 | 2,620,710 | 2,532,314 | 2,451,671 | 2,259,226 | 2,258,993 | 2,024,529 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 1,652 | 3,455 | 2,200 | |||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 1,652 | 3,455 | 2,200 | |||||||
| total liabilities | 2,667,436 | 2,674,904 | 2,654,161 | 2,638,124 | 2,622,910 | 2,532,314 | 2,451,671 | 2,259,226 | 2,258,993 | 2,024,529 |
| net assets | -1,152,515 | -1,155,739 | -1,161,843 | -1,129,167 | -1,117,197 | -1,043,554 | -785,010 | -599,379 | -550,670 | -275,301 |
| total shareholders funds | -1,152,515 | -1,155,739 | -1,161,843 | -1,129,167 | -1,117,197 | -1,043,554 | -785,010 | -599,379 | -550,670 | -275,301 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -258,544 | -185,631 | ||||||||
| Depreciation | 22,522 | 23,282 | 24,799 | 11,256 | ||||||
| Amortisation | 116,662 | 19,443 | 19,444 | 19,443 | 19,444 | |||||
| Tax | ||||||||||
| Stock | -10,119 | -3,716 | 13,835 | |||||||
| Debtors | 5,472 | 26,705 | 5,547 | 21,340 | 42,359 | -40,266 | 35,489 | -5,157 | 1,319 | 36,128 |
| Creditors | -9,120 | 24,198 | 12,582 | 17,414 | 2,533,514 | -46,601 | 37,902 | -2,163,098 | 234,464 | 2,024,529 |
| Accruals and Deferred Income | 1,652 | -3,455 | 3,455 | -2,200 | -43,531 | -14,640 | 17,705 | 42,666 | ||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -123,548 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -2,399,387 | 141,884 | 136,838 | 2,120,665 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | 141,884 | 136,838 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -4,357 | -9,093 | 6,072 | -3,903 | -1,205 | 12,486 | ||||
| overdraft | ||||||||||
| change in cash | -4,357 | -9,093 | 6,072 | -3,903 | -1,205 | 12,486 |
ardco limited Credit Report and Business Information
Ardco Limited Competitor Analysis
Perform a competitor analysis for ardco limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in B 9 area or any other competitors across 12 key performance metrics.
ardco limited Ownership
ARDCO LIMITED group structure
Ardco Limited has no subsidiary companies.
Ultimate parent company
ARDCO LIMITED
08432614
ardco limited directors
Ardco Limited currently has 1 director, Mr Sven Gray serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sven Gray | 89 years | May 2013 | - | Director |
P&L
September 2023turnover
2.7m
+56%
operating profit
4.3k
0%
gross margin
44.2%
+10.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-1.2m
0%
total assets
1.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ardco limited company details
company number
08432614
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
zellig reception zellig, gibb street, birmingham, B9 4AT
Bank
-
Legal Advisor
-
ardco 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 did not find charges/mortgages relating to ardco limited.
ardco 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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ardco limited Companies House Filings - See Documents
| date | description | view/download |
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