argon telecom services limited
argon telecom services limited Company Information
Company Number
08960363
Website
argontelecom.comRegistered Address
suite 27 8 shepherd market, mayfair, london, W1J 7JY
Industry
Other telecommunications activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
David Barnes10 Years
Shareholders
quinticus associates limited 70.4%
david barnes 29.6%
argon telecom services limited Estimated Valuation
Pomanda estimates the enterprise value of ARGON TELECOM SERVICES LIMITED at £361.2k based on a Turnover of £509k and 0.71x industry multiple (adjusted for size and gross margin).
argon telecom services limited Estimated Valuation
Pomanda estimates the enterprise value of ARGON TELECOM SERVICES LIMITED at £0 based on an EBITDA of £0 and a 2.6x industry multiple (adjusted for size and gross margin).
argon telecom services limited Estimated Valuation
Pomanda estimates the enterprise value of ARGON TELECOM SERVICES LIMITED at £0 based on Net Assets of £-584.7k and 3.04x industry multiple (adjusted for liquidity).
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Argon Telecom Services Limited Overview
Argon Telecom Services Limited is a live company located in london, W1J 7JY with a Companies House number of 08960363. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in March 2014, it's largest shareholder is quinticus associates limited with a 70.4% stake. Argon Telecom Services Limited is a established, small sized company, Pomanda has estimated its turnover at £509k with declining growth in recent years.
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Argon Telecom Services Limited Health Check
Pomanda's financial health check has awarded Argon Telecom Services Limited a 2.5 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
3 Strong
1 Regular
5 Weak
Size
annual sales of £509k, make it smaller than the average company (£12m)
- Argon Telecom Services Limited
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.5%)
- Argon Telecom Services Limited
3.5% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (38.3%)
- Argon Telecom Services Limited
38.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Argon Telecom Services Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (51)
1 - Argon Telecom Services Limited
51 - Industry AVG
Pay Structure
on an average salary of £57.9k, the company has an equivalent pay structure (£57.9k)
- Argon Telecom Services Limited
£57.9k - Industry AVG
Efficiency
resulting in sales per employee of £509k, this is more efficient (£224.2k)
- Argon Telecom Services Limited
£224.2k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (40 days)
- Argon Telecom Services Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 511 days, this is slower than average (44 days)
- Argon Telecom Services Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Argon Telecom Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Argon Telecom Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1447.2%, this is a higher level of debt than the average (63.7%)
1447.2% - Argon Telecom Services Limited
63.7% - Industry AVG
ARGON TELECOM SERVICES LIMITED financials
Argon Telecom Services Limited's latest turnover from March 2023 is estimated at £509 thousand and the company has net assets of -£584.7 thousand. According to their latest financial statements, Argon Telecom Services Limited has 1 employee and maintains cash reserves of 0 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 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 43,400 | 43,400 | 43,400 | 52,987 | 0 | 901,621 | 377,292 | 311,634 | 151,311 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 33,289 | 25,346 | 37,210 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 8,181 | 10,409 | 1,112 | 83,557 | 13,233 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 43,400 | 43,400 | 43,400 | 52,987 | 41,470 | 937,376 | 415,614 | 395,191 | 164,544 |
| total assets | 43,400 | 43,400 | 43,400 | 52,987 | 41,470 | 937,376 | 415,614 | 395,191 | 164,544 |
| Bank overdraft | 0 | 0 | 0 | 0 | 39,168 | 15,651 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 577,992 | 577,992 | 577,979 | 602,216 | 0 | 587,019 | 118,747 | 389,627 | 162,434 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 585,734 | 468,988 | 287,016 | 0 | 0 |
| total current liabilities | 577,992 | 577,992 | 577,979 | 602,216 | 624,902 | 1,071,658 | 405,763 | 389,627 | 162,434 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 75 | 75 | 0 | 350 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 50,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,075 | 50,075 | 50,000 | 350 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 628,067 | 628,067 | 627,979 | 602,566 | 624,902 | 1,071,658 | 405,763 | 389,627 | 162,434 |
| net assets | -584,667 | -584,667 | -584,579 | -549,579 | -583,432 | -134,282 | 9,851 | 5,564 | 2,110 |
| total shareholders funds | -584,667 | -584,667 | -584,579 | -549,579 | -583,432 | -134,282 | 9,851 | 5,564 | 2,110 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -9,587 | 19,698 | -893,678 | 512,465 | 102,868 | 160,323 | 151,311 |
| Creditors | 0 | 13 | -24,237 | 602,216 | -587,019 | 468,272 | -270,880 | 227,193 | 162,434 |
| Accruals and Deferred Income | 0 | 75 | -350 | -585,384 | 116,746 | 181,972 | 287,016 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -8,181 | -2,228 | 9,297 | -82,445 | 70,324 | 13,233 |
| overdraft | 0 | 0 | 0 | -39,168 | 23,517 | 15,651 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 30,987 | -25,745 | -6,354 | -82,445 | 70,324 | 13,233 |
argon telecom services limited Credit Report and Business Information
Argon Telecom Services Limited Competitor Analysis
Perform a competitor analysis for argon telecom services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1J area or any other competitors across 12 key performance metrics.
argon telecom services limited Ownership
ARGON TELECOM SERVICES LIMITED group structure
Argon Telecom Services Limited has no subsidiary companies.
Ultimate parent company
ARGON TELECOM SERVICES LIMITED
08960363
argon telecom services limited directors
Argon Telecom Services Limited currently has 1 director, Mr David Barnes serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Barnes | United Kingdom | 60 years | Mar 2014 | - | Director |
P&L
March 2023turnover
509k
+2%
operating profit
0
0%
gross margin
19%
+7.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-584.7k
0%
total assets
43.4k
0%
cash
0
0%
net assets
Total assets minus all liabilities
argon telecom services limited company details
company number
08960363
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
palace telecoms limited (March 2014)
accountant
-
auditor
-
address
suite 27 8 shepherd market, mayfair, london, W1J 7JY
Bank
-
Legal Advisor
-
argon telecom services 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 argon telecom services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
argon telecom services limited Companies House Filings - See Documents
| date | description | view/download |
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