atlantis gems limited
atlantis gems limited Company Information
Company Number
08761802
Website
https://atlantisgems.comRegistered Address
9 trotman walk, cirencester, gloucestershire, GL7 1RJ
Industry
Retail sale of watches and jewellery in specialised stores
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Brian Dolan10 Years
Shareholders
brian dolan 100%
atlantis gems limited Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIS GEMS LIMITED at £482.6k based on a Turnover of £1.2m and 0.4x industry multiple (adjusted for size and gross margin).
atlantis gems limited Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIS GEMS LIMITED at £319.3k based on an EBITDA of £95.4k and a 3.35x industry multiple (adjusted for size and gross margin).
atlantis gems limited Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIS GEMS LIMITED at £385.2k based on Net Assets of £127.4k and 3.02x industry multiple (adjusted for liquidity).
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Atlantis Gems Limited Overview
Atlantis Gems Limited is a live company located in gloucestershire, GL7 1RJ with a Companies House number of 08761802. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in November 2013, it's largest shareholder is brian dolan with a 100% stake. Atlantis Gems Limited is a established, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Atlantis Gems Limited Health Check
Pomanda's financial health check has awarded Atlantis Gems Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£6.3m)
- Atlantis Gems Limited
£6.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (11.6%)
- Atlantis Gems Limited
11.6% - Industry AVG
Production
with a gross margin of 34.6%, this company has a comparable cost of product (34.6%)
- Atlantis Gems Limited
34.6% - Industry AVG
Profitability
an operating margin of 7.7% make it as profitable than the average company (8.7%)
- Atlantis Gems Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Atlantis Gems Limited
20 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Atlantis Gems Limited
£30k - Industry AVG
Efficiency
resulting in sales per employee of £606.7k, this is more efficient (£208.4k)
- Atlantis Gems Limited
£208.4k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is later than average (17 days)
- Atlantis Gems Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (41 days)
- Atlantis Gems Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 191 days, this is in line with average (169 days)
- Atlantis Gems Limited
169 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (22 weeks)
5 weeks - Atlantis Gems Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.5%, this is a higher level of debt than the average (55.7%)
79.5% - Atlantis Gems Limited
55.7% - Industry AVG
ATLANTIS GEMS LIMITED financials
Atlantis Gems Limited's latest turnover from February 2023 is estimated at £1.2 million and the company has net assets of £127.4 thousand. According to their latest financial statements, Atlantis Gems Limited has 2 employees and maintains cash reserves of £46.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 977,683 | 696,041 | 567,139 | 432,257 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 786,453 | 540,590 | 467,020 | 314,399 | |||||
| Gross Profit | 191,230 | 155,451 | 100,119 | 117,858 | |||||
| Admin Expenses | 149,788 | 83,492 | 54,102 | 41,598 | |||||
| Operating Profit | 41,442 | 71,959 | 46,017 | 76,260 | |||||
| Interest Payable | 0 | 0 | 753 | 166 | |||||
| Interest Receivable | 0 | 4,826 | 0 | 0 | |||||
| Pre-Tax Profit | 41,442 | 76,785 | 45,264 | 76,094 | |||||
| Tax | -7,830 | -14,608 | -8,635 | -14,751 | |||||
| Profit After Tax | 33,612 | 62,177 | 36,629 | 61,343 | |||||
| Dividends Paid | 0 | 31,252 | 24,987 | 36,250 | |||||
| Retained Profit | 33,612 | 30,925 | 11,642 | 25,093 | |||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 3 | 2 | 2 | 2 | ||
| EBITDA* | 42,660 | 72,935 | 46,916 | 76,260 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,225 | 3,633 | 4,839 | 6,451 | 5,171 | 5,905 | 5,713 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,225 | 3,633 | 4,839 | 6,451 | 5,171 | 5,905 | 5,713 | 0 | 0 |
| Stock & work in progress | 417,641 | 338,100 | 271,655 | 329,740 | 258,484 | 157,486 | 57,043 | 63,855 | 0 |
| Trade Debtors | 153,181 | 201,215 | 200,511 | 215,765 | 222,678 | 83,193 | 115,041 | 1,227 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 270 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,962 | 862 | 0 | 864 | 855 | 1,605 | 1,467 | 0 | 0 |
| Cash | 46,375 | 18,635 | 35,603 | 24,482 | 21,720 | 38,630 | 19,024 | 11,053 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 620,159 | 558,812 | 507,769 | 570,851 | 504,007 | 280,914 | 192,575 | 76,135 | 0 |
| total assets | 622,384 | 562,445 | 512,608 | 577,302 | 509,178 | 286,819 | 198,288 | 76,135 | 0 |
| Bank overdraft | 38,878 | 216,937 | 0 | 0 | 7,505 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 197,738 | 227,398 | 392,241 | 368,608 | 318,793 | 200,341 | 144,432 | 78,183 | 0 |
| Group/Directors Accounts | 3,151 | 1 | 0 | 0 | 4,697 | 4,697 | 11,463 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 162,298 | 52,961 | 0 | 100,732 | 111,581 | 45,983 | 18,263 | 0 | 0 |
| total current liabilities | 402,065 | 497,297 | 392,241 | 469,340 | 442,576 | 251,021 | 174,158 | 78,183 | 0 |
| loans | 92,500 | 0 | 50,000 | 7,505 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 423 | 691 | 900 | 1,224 | 981 | 1,102 | 1,085 | 0 | 0 |
| total long term liabilities | 92,923 | 691 | 50,900 | 8,729 | 981 | 1,102 | 1,085 | 0 | 0 |
| total liabilities | 494,988 | 497,988 | 443,141 | 478,069 | 443,557 | 252,123 | 175,243 | 78,183 | 0 |
| net assets | 127,396 | 64,457 | 69,467 | 99,233 | 65,621 | 34,696 | 23,045 | -2,048 | 0 |
| total shareholders funds | 127,396 | 64,457 | 69,467 | 99,233 | 65,621 | 34,696 | 23,045 | -2,048 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 41,442 | 71,959 | 46,017 | 76,260 | |||||
| Depreciation | 1,537 | 1,204 | 1,218 | 976 | 899 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -7,830 | -14,608 | -8,635 | -14,751 | |||||
| Stock | 79,541 | 66,445 | -58,085 | 71,256 | 100,998 | 100,443 | 57,043 | 63,855 | 0 |
| Debtors | -45,934 | 1,566 | -16,118 | -7,174 | 139,005 | -31,710 | 116,508 | 1,227 | 0 |
| Creditors | -29,660 | -164,843 | 23,633 | 49,815 | 118,452 | 55,909 | 144,432 | 78,183 | 0 |
| Accruals and Deferred Income | 109,337 | 52,961 | -100,732 | -10,849 | 65,598 | 27,720 | 18,263 | 0 | 0 |
| Deferred Taxes & Provisions | -268 | -209 | -324 | 243 | -121 | 17 | 1,085 | 0 | 0 |
| Cash flow from operations | 9,957 | 2,253 | 53,194 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 3,150 | 1 | 0 | -4,697 | 0 | -6,766 | 11,463 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 92,500 | -50,000 | 42,495 | 7,505 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 4,826 | -753 | -166 | |||||
| cash flow from financing | 2,808 | 4,826 | -7,510 | 9,249 | |||||
| cash and cash equivalents | |||||||||
| cash | 27,740 | -16,968 | 11,121 | 2,762 | -16,910 | 19,606 | 19,024 | 11,053 | 0 |
| overdraft | -178,059 | 216,937 | 0 | -7,505 | 7,505 | 0 | 0 | 0 | 0 |
| change in cash | 205,799 | -233,905 | 11,121 | 10,267 | -24,415 | 19,606 | 19,024 | 11,053 | 0 |
atlantis gems limited Credit Report and Business Information
Atlantis Gems Limited Competitor Analysis
Perform a competitor analysis for atlantis gems limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GL7 area or any other competitors across 12 key performance metrics.
atlantis gems limited Ownership
ATLANTIS GEMS LIMITED group structure
Atlantis Gems Limited has no subsidiary companies.
Ultimate parent company
ATLANTIS GEMS LIMITED
08761802
atlantis gems limited directors
Atlantis Gems Limited currently has 1 director, Mr Brian Dolan serving since Nov 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Dolan | England | 60 years | Nov 2013 | - | Director |
P&L
February 2023turnover
1.2m
-35%
operating profit
93.8k
0%
gross margin
34.6%
+0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
127.4k
+0.98%
total assets
622.4k
+0.11%
cash
46.4k
+1.49%
net assets
Total assets minus all liabilities
atlantis gems limited company details
company number
08761802
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
November 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
9 trotman walk, cirencester, gloucestershire, GL7 1RJ
accountant
-
auditor
-
atlantis gems 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 1 charges/mortgages relating to atlantis gems limited. Currently there are 1 open charges and 0 have been satisfied in the past.
atlantis gems limited Companies House Filings - See Documents
| date | description | view/download |
|---|
