adriatic land 6 (gr1) limited
adriatic land 6 (gr1) limited Company Information
Company Number
08467539
Next Accounts
22 days late
Industry
Buying and selling of own real estate
Shareholders
adriatic land 6 limited
Group Structure
View All
Contact
Registered Address
6th floor, 125 london wall, london, EC2Y 5AS
Website
bellway.co.ukadriatic land 6 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 6 (GR1) LIMITED at £3.3m based on a Turnover of £1.1m and 2.96x industry multiple (adjusted for size and gross margin).
adriatic land 6 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 6 (GR1) LIMITED at £0 based on an EBITDA of £-6.2m and a 6.1x industry multiple (adjusted for size and gross margin).
adriatic land 6 (gr1) limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIATIC LAND 6 (GR1) LIMITED at £3.9m based on Net Assets of £2.5m and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Adriatic Land 6 (gr1) Limited Overview
Adriatic Land 6 (gr1) Limited is a live company located in london, EC2Y 5AS with a Companies House number of 08467539. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2013, it's largest shareholder is adriatic land 6 limited with a 100% stake. Adriatic Land 6 (gr1) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Adriatic Land 6 (gr1) Limited Health Check
Pomanda's financial health check has awarded Adriatic Land 6 (Gr1) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£905.4k)
£1.1m - Adriatic Land 6 (gr1) Limited
£905.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.1%)
- Adriatic Land 6 (gr1) Limited
2.1% - Industry AVG
Production
with a gross margin of 66.5%, this company has a comparable cost of product (66.5%)
66.5% - Adriatic Land 6 (gr1) Limited
66.5% - Industry AVG
Profitability
an operating margin of -560.9% make it less profitable than the average company (35%)
-560.9% - Adriatic Land 6 (gr1) Limited
35% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
- Adriatic Land 6 (gr1) Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Adriatic Land 6 (gr1) Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £184.8k, this is equally as efficient (£199.8k)
- Adriatic Land 6 (gr1) Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (26 days)
34 days - Adriatic Land 6 (gr1) Limited
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Adriatic Land 6 (gr1) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adriatic Land 6 (gr1) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Adriatic Land 6 (gr1) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.7%, this is a higher level of debt than the average (63.7%)
94.7% - Adriatic Land 6 (gr1) Limited
63.7% - Industry AVG
ADRIATIC LAND 6 (GR1) LIMITED financials
Adriatic Land 6 (Gr1) Limited's latest turnover from March 2023 is £1.1 million and the company has net assets of £2.5 million. According to their latest financial statements, we estimate that Adriatic Land 6 (Gr1) Limited has 6 employees and maintains cash reserves of £150 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,109,000 | 15,241,000 | 8,550,000 | 1,108,000 | 1,577,000 | 1,090,000 | 8,014,000 | |||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -6,220,000 | 14,640,000 | 8,235,000 | -6,005,000 | 1,035,000 | -1,588,000 | 7,455,000 | |||
| Interest Payable | 2,693,000 | 2,592,000 | 2,494,000 | 2,370,000 | 2,327,000 | 2,189,000 | 348,000 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 3,000 | 1,000 | 0 | |||
| Pre-Tax Profit | -8,913,000 | 12,048,000 | 5,741,000 | -8,375,000 | -1,289,000 | -3,776,000 | 7,107,000 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | -8,913,000 | 12,048,000 | 5,741,000 | -8,375,000 | -1,289,000 | -3,776,000 | 7,107,000 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -8,913,000 | 12,048,000 | 5,741,000 | -8,375,000 | -1,289,000 | -3,776,000 | 7,107,000 | |||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | -6,220,000 | 14,640,000 | 8,235,000 | -6,005,000 | 1,035,000 | -1,588,000 | 7,455,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,757,000 | 55,113,000 | 41,535,000 | 34,347,000 | 41,471,000 | 41,925,000 | 44,506,000 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 47,757,000 | 55,113,000 | 41,535,000 | 34,347,000 | 41,471,000 | 41,925,000 | 44,506,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 47,757,000 | 55,113,000 | 41,535,000 | 34,347,000 | 41,471,000 | 41,925,000 | 44,506,000 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 106,000 | 129,000 | 153,000 | 83,000 | 71,000 | 431,000 | 234,000 | 0 | 0 | 0 |
| Group Debtors | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 68,000 | 69,000 | 84,000 | 35,000 | 728,000 | 28,000 | 26,000 | 0 | 0 | 0 |
| Cash | 150,000 | 127,000 | 139,000 | 285,000 | 366,000 | 97,000 | 34,000 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 325,000 | 326,000 | 377,000 | 404,000 | 1,166,000 | 557,000 | 294,000 | 0 | 0 | 0 |
| total assets | 48,082,000 | 55,439,000 | 41,912,000 | 34,751,000 | 42,637,000 | 42,482,000 | 44,800,000 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 32,153,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 437,000 | 30,793,000 | 29,085,000 | 27,467,000 | 26,775,000 | 25,191,000 | 23,606,000 | 0 | 0 | 0 |
| total current liabilities | 32,590,000 | 30,793,000 | 29,085,000 | 27,467,000 | 26,775,000 | 25,191,000 | 23,610,000 | 0 | 0 | 0 |
| loans | 12,949,000 | 13,190,000 | 13,419,000 | 13,617,000 | 13,820,000 | 13,960,000 | 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 | 14,083,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,949,000 | 13,190,000 | 13,419,000 | 13,617,000 | 13,820,000 | 13,960,000 | 14,083,000 | 0 | 0 | 0 |
| total liabilities | 45,539,000 | 43,983,000 | 42,504,000 | 41,084,000 | 40,595,000 | 39,151,000 | 37,693,000 | 0 | 0 | 0 |
| net assets | 2,543,000 | 11,456,000 | -592,000 | -6,333,000 | 2,042,000 | 3,331,000 | 7,107,000 | 0 | 0 | 0 |
| total shareholders funds | 2,543,000 | 11,456,000 | -592,000 | -6,333,000 | 2,042,000 | 3,331,000 | 7,107,000 | 0 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -6,220,000 | 14,640,000 | 8,235,000 | -6,005,000 | 1,035,000 | -1,588,000 | 7,455,000 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,000 | -39,000 | 119,000 | -681,000 | 340,000 | 200,000 | 260,000 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -4,000 | 4,000 | 0 | 0 | 0 |
| Accruals and Deferred Income | -30,356,000 | 1,708,000 | 1,618,000 | 692,000 | 1,584,000 | 1,585,000 | 23,606,000 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -36,552,000 | 16,387,000 | 9,734,000 | -4,632,000 | 2,279,000 | -207,000 | ||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -7,356,000 | 13,578,000 | 7,188,000 | -7,124,000 | -454,000 | -2,581,000 | 44,506,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 32,153,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -241,000 | -229,000 | -198,000 | -203,000 | -140,000 | 13,960,000 | 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 | -14,083,000 | 14,083,000 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -2,693,000 | -2,592,000 | -2,494,000 | -2,370,000 | -2,324,000 | -2,188,000 | -348,000 | |||
| cash flow from financing | 29,219,000 | -2,821,000 | -2,692,000 | -2,573,000 | -2,464,000 | -2,311,000 | 13,735,000 | |||
| cash and cash equivalents | ||||||||||
| cash | 23,000 | -12,000 | -146,000 | -81,000 | 269,000 | 63,000 | 34,000 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 23,000 | -12,000 | -146,000 | -81,000 | 269,000 | 63,000 | 34,000 | 0 | 0 | 0 |
adriatic land 6 (gr1) limited Credit Report and Business Information
Adriatic Land 6 (gr1) Limited Competitor Analysis
Perform a competitor analysis for adriatic land 6 (gr1) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
adriatic land 6 (gr1) limited Ownership
ADRIATIC LAND 6 (GR1) LIMITED group structure
Adriatic Land 6 (Gr1) Limited has no subsidiary companies.
Ultimate parent company
PROMENADE FINANCE DESIGNATED ACTIVITY CO
IE591802
ADRIATIC LAND 6 LTD
#0109977
2 parents
ADRIATIC LAND 6 (GR1) LIMITED
08467539
adriatic land 6 (gr1) limited directors
Adriatic Land 6 (Gr1) Limited currently has 3 directors. The longest serving directors include Mr Adrian Jeffery (Apr 2019) and Ms Davinia Smith (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Jeffery | United Kingdom | 47 years | Apr 2019 | - | Director |
| Ms Davinia Smith | England | 46 years | Jul 2023 | - | Director |
| Mr Sean Martin | England | 59 years | Jul 2023 | - | Director |
P&L
March 2023turnover
1.1m
-93%
operating profit
-6.2m
-142%
gross margin
66.5%
+1.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.5m
-0.78%
total assets
48.1m
-0.13%
cash
150k
+0.18%
net assets
Total assets minus all liabilities
adriatic land 6 (gr1) limited company details
company number
08467539
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
seaton gr spv 5 limited (February 2017)
accountant
-
auditor
DELOITTE LLP
address
6th floor, 125 london wall, london, EC2Y 5AS
Bank
-
Legal Advisor
-
adriatic land 6 (gr1) 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 adriatic land 6 (gr1) limited.
adriatic land 6 (gr1) 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 ADRIATIC LAND 6 (GR1) LIMITED. This can take several minutes, an email will notify you when this has completed.
adriatic land 6 (gr1) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
