ado it limited
ado it limited Company Information
Company Number
09174174
Next Accounts
May 2025
Industry
Business and domestic software development
Directors
Shareholders
andrew derek owen
Group Structure
View All
Contact
Registered Address
parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
Website
http://streemin.co.ukado it limited Estimated Valuation
Pomanda estimates the enterprise value of ADO IT LIMITED at £96.4k based on a Turnover of £113.4k and 0.85x industry multiple (adjusted for size and gross margin).
ado it limited Estimated Valuation
Pomanda estimates the enterprise value of ADO IT LIMITED at £0 based on an EBITDA of £-7.9k and a 5.23x industry multiple (adjusted for size and gross margin).
ado it limited Estimated Valuation
Pomanda estimates the enterprise value of ADO IT LIMITED at £0 based on Net Assets of £-204.3k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ado It Limited Overview
Ado It Limited is a live company located in hove, BN3 2DJ with a Companies House number of 09174174. It operates in the business and domestic software development sector, SIC Code 62012. Founded in August 2014, it's largest shareholder is andrew derek owen with a 100% stake. Ado It Limited is a established, micro sized company, Pomanda has estimated its turnover at £113.4k with healthy growth in recent years.
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Ado It Limited Health Check
Pomanda's financial health check has awarded Ado It Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £113.4k, make it smaller than the average company (£3.5m)
- Ado It Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.7%)
- Ado It Limited
8.7% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
- Ado It Limited
71.7% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (3.8%)
- Ado It Limited
3.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Ado It Limited
31 - Industry AVG
Pay Structure
on an average salary of £66.5k, the company has an equivalent pay structure (£66.5k)
- Ado It Limited
£66.5k - Industry AVG
Efficiency
resulting in sales per employee of £113.4k, this is equally as efficient (£113.4k)
- Ado It Limited
£113.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ado It Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ado It Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ado It Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)
0 weeks - Ado It Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8920.5%, this is a higher level of debt than the average (60.7%)
8920.5% - Ado It Limited
60.7% - Industry AVG
ADO IT LIMITED financials
Ado It Limited's latest turnover from August 2023 is estimated at £113.4 thousand and the company has net assets of -£204.3 thousand. According to their latest financial statements, Ado It Limited has 1 employee and maintains cash reserves of £117 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,199 | 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 | 2,199 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 117 | 552 | 741 | 914 | 210 | 825 | 3,851 | 8,847 | 2,898 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 117 | 552 | 741 | 914 | 210 | 825 | 3,851 | 8,847 | 2,898 |
| total assets | 2,316 | 552 | 741 | 914 | 210 | 825 | 3,851 | 8,847 | 2,898 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47,480 |
| 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 | 206,599 | 195,827 | 192,810 | 186,740 | 166,830 | 143,330 | 121,830 | 76,470 | 0 |
| total current liabilities | 206,599 | 195,827 | 192,810 | 186,740 | 166,830 | 143,330 | 121,830 | 76,470 | 47,480 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 206,599 | 195,827 | 192,810 | 186,740 | 166,830 | 143,330 | 121,830 | 76,470 | 47,480 |
| net assets | -204,283 | -195,275 | -192,069 | -185,826 | -166,620 | -142,505 | -117,979 | -67,623 | -44,582 |
| total shareholders funds | -204,283 | -195,275 | -192,069 | -185,826 | -166,620 | -142,505 | -117,979 | -67,623 | -44,582 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -47,480 | 47,480 |
| Accruals and Deferred Income | 10,772 | 3,017 | 6,070 | 19,910 | 23,500 | 21,500 | 45,360 | 76,470 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -435 | -189 | -173 | 704 | -615 | -3,026 | -4,996 | 5,949 | 2,898 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -435 | -189 | -173 | 704 | -615 | -3,026 | -4,996 | 5,949 | 2,898 |
ado it limited Credit Report and Business Information
Ado It Limited Competitor Analysis
Perform a competitor analysis for ado it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BN3 area or any other competitors across 12 key performance metrics.
ado it limited Ownership
ADO IT LIMITED group structure
Ado It Limited has no subsidiary companies.
Ultimate parent company
ADO IT LIMITED
09174174
ado it limited directors
Ado It Limited currently has 1 director, Mr Andrew Owen serving since Aug 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Owen | 68 years | Aug 2014 | - | Director |
P&L
August 2023turnover
113.4k
+8%
operating profit
-9k
0%
gross margin
71.7%
-2.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-204.3k
+0.05%
total assets
2.3k
+3.2%
cash
117
-0.79%
net assets
Total assets minus all liabilities
Similar Companies
ado it limited company details
company number
09174174
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
PARKERS
auditor
-
address
parkers cornelius house, 178-180 church road, hove, east sussex, BN3 2DJ
Bank
-
Legal Advisor
-
ado it 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 ado it limited.
ado it 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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ado it limited Companies House Filings - See Documents
| date | description | view/download |
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