artco (leeds) ltd
artco (leeds) ltd Company Information
Company Number
09328863
Next Accounts
Aug 2025
Shareholders
graham howard watson
jacqueline elizabeth watson
Group Structure
View All
Industry
Retail sale in commercial art galleries
Registered Address
1 meanwood close, leeds, west yorkshire, LS7 2JL
Website
www.artcoframing.co.ukartco (leeds) ltd Estimated Valuation
Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £159.5k based on a Turnover of £504.2k and 0.32x industry multiple (adjusted for size and gross margin).
artco (leeds) ltd Estimated Valuation
Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £0 based on an EBITDA of £-14.5k and a 3.23x industry multiple (adjusted for size and gross margin).
artco (leeds) ltd Estimated Valuation
Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £0 based on Net Assets of £-82.9k and 2.34x industry multiple (adjusted for liquidity).
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Artco (leeds) Ltd Overview
Artco (leeds) Ltd is a live company located in west yorkshire, LS7 2JL with a Companies House number of 09328863. It operates in the retail sale in commercial art galleries sector, SIC Code 47781. Founded in November 2014, it's largest shareholder is graham howard watson with a 50% stake. Artco (leeds) Ltd is a established, small sized company, Pomanda has estimated its turnover at £504.2k with high growth in recent years.
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Artco (leeds) Ltd Health Check
Pomanda's financial health check has awarded Artco (Leeds) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £504.2k, make it smaller than the average company (£12m)
- Artco (leeds) Ltd
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.1%)
- Artco (leeds) Ltd
3.1% - Industry AVG
Production
with a gross margin of 29.4%, this company has a comparable cost of product (29.4%)
- Artco (leeds) Ltd
29.4% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (6.2%)
- Artco (leeds) Ltd
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Artco (leeds) Ltd
12 - Industry AVG
Pay Structure
on an average salary of £71.9k, the company has an equivalent pay structure (£71.9k)
- Artco (leeds) Ltd
£71.9k - Industry AVG
Efficiency
resulting in sales per employee of £252.1k, this is less efficient (£1.1m)
- Artco (leeds) Ltd
£1.1m - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (30 days)
- Artco (leeds) Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (49 days)
- Artco (leeds) Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 16 days, this is less than average (262 days)
- Artco (leeds) Ltd
262 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (19 weeks)
1 weeks - Artco (leeds) Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 491.6%, this is a higher level of debt than the average (62.8%)
491.6% - Artco (leeds) Ltd
62.8% - Industry AVG
ARTCO (LEEDS) LTD financials
Artco (Leeds) Ltd's latest turnover from November 2023 is estimated at £504.2 thousand and the company has net assets of -£82.9 thousand. According to their latest financial statements, Artco (Leeds) Ltd has 2 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 72,260 | 39,007 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | -20,342 | -16,145 | |||||||
| Tax | 0 | 0 | |||||||
| Profit After Tax | -20,342 | -16,145 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | -20,342 | -16,145 | |||||||
| Employee Costs | 35,115 | 22,782 | |||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,004 | 1,255 | 1,568 | 1,959 | 2,391 | 4,915 | 7,554 | 9,616 | 12,409 |
| 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 | 1,004 | 1,255 | 1,568 | 1,959 | 2,391 | 4,915 | 7,554 | 9,616 | 12,409 |
| Stock & work in progress | 15,868 | 17,959 | 14,991 | 10,773 | 6,195 | 0 | 0 | 0 | 0 |
| Trade Debtors | 781 | 2,363 | 207 | 475 | 3,927 | 8,684 | 13,188 | 10,519 | 9,150 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,522 | 4,521 | 6,705 | 10,377 | 5,386 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,171 | 24,843 | 21,903 | 21,625 | 15,508 | 8,684 | 13,188 | 10,519 | 9,150 |
| total assets | 21,175 | 26,098 | 23,471 | 23,584 | 17,899 | 13,599 | 20,742 | 20,135 | 21,559 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,879 | 3,321 | 1,406 | 679 | 820 | 10,176 | 11,832 | 16,906 | 7,314 |
| 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 | 101,220 | 91,150 | 77,576 | 78,962 | 81,313 | 0 | 0 | 0 | 0 |
| total current liabilities | 104,099 | 94,471 | 78,982 | 79,641 | 82,133 | 10,176 | 11,832 | 16,906 | 7,314 |
| 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 | 1,000 | 980 | 980 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 77,643 | 71,331 | 38,736 | 29,410 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 77,643 | 72,331 | 39,716 | 30,390 |
| total liabilities | 104,099 | 94,471 | 78,982 | 79,641 | 82,133 | 87,819 | 84,163 | 56,622 | 37,704 |
| net assets | -82,924 | -68,373 | -55,511 | -56,057 | -64,234 | -74,220 | -63,421 | -36,487 | -16,145 |
| total shareholders funds | -82,924 | -68,373 | -55,511 | -56,057 | -64,234 | -74,220 | -63,421 | -36,487 | -16,145 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 251 | 313 | 391 | 432 | 2,794 | 2,968 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | |||||||
| Stock | -2,091 | 2,968 | 4,218 | 4,578 | 6,195 | 0 | 0 | 0 | 0 |
| Debtors | -1,582 | 2,156 | -268 | -3,452 | -4,757 | -4,504 | 2,669 | 1,369 | 9,150 |
| Creditors | -442 | 1,915 | 727 | -141 | -9,356 | -1,656 | -5,074 | 9,592 | 7,314 |
| Accruals and Deferred Income | 10,070 | 13,574 | -1,386 | -2,351 | 81,313 | -1,000 | 20 | 0 | 980 |
| 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 | -77,643 | 6,312 | 32,595 | 9,326 | 29,410 |
| share issue | |||||||||
| interest | 0 | 0 | |||||||
| cash flow from financing | 9,326 | 29,410 | |||||||
| cash and cash equivalents | |||||||||
| cash | -999 | -2,184 | -3,672 | 4,991 | 5,386 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -999 | -2,184 | -3,672 | 4,991 | 5,386 | 0 | 0 | 0 | 0 |
artco (leeds) ltd Credit Report and Business Information
Artco (leeds) Ltd Competitor Analysis
Perform a competitor analysis for artco (leeds) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LS7 area or any other competitors across 12 key performance metrics.
artco (leeds) ltd Ownership
ARTCO (LEEDS) LTD group structure
Artco (Leeds) Ltd has no subsidiary companies.
Ultimate parent company
ARTCO (LEEDS) LTD
09328863
artco (leeds) ltd directors
Artco (Leeds) Ltd currently has 2 directors. The longest serving directors include Mrs Jacqueline Watson (Nov 2014) and Mr Graham Watson (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jacqueline Watson | England | 56 years | Nov 2014 | - | Director |
| Mr Graham Watson | England | 56 years | Nov 2014 | - | Director |
P&L
November 2023turnover
504.2k
+41%
operating profit
-14.8k
0%
gross margin
29.4%
+14.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-82.9k
+0.21%
total assets
21.2k
-0.19%
cash
3.5k
-0.22%
net assets
Total assets minus all liabilities
Similar Companies
artco (leeds) ltd company details
company number
09328863
Type
Private limited with Share Capital
industry
47781 - Retail sale in commercial art galleries
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
CFA TAX LIMITED
auditor
-
address
1 meanwood close, leeds, west yorkshire, LS7 2JL
Bank
SANTANDER
Legal Advisor
-
artco (leeds) ltd 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 artco (leeds) ltd.
artco (leeds) ltd 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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artco (leeds) ltd Companies House Filings - See Documents
| date | description | view/download |
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