artco (leeds) ltd

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artco (leeds) ltd Company Information

Share ARTCO (LEEDS) LTD

Company Number

09328863

Shareholders

jacqueline elizabeth watson

graham howard watson

Group Structure

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Industry

Retail sale in commercial art galleries

 

Registered Address

1 meanwood close, leeds, west yorkshire, LS7 2JL

artco (leeds) ltd Estimated Valuation

£163.5k

Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £163.5k based on a Turnover of £504.5k and 0.32x industry multiple (adjusted for size and gross margin).

artco (leeds) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £0 based on an EBITDA of £-14.5k and a 3.28x industry multiple (adjusted for size and gross margin).

artco (leeds) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ARTCO (LEEDS) LTD at £0 based on Net Assets of £-82.9k and 2.31x 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 jacqueline elizabeth watson with a 50% stake. Artco (leeds) Ltd is a established, small sized company, Pomanda has estimated its turnover at £504.5k 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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £504.5k, make it smaller than the average company (£11.4m)

£504.5k - Artco (leeds) Ltd

£11.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (3.1%)

17% - Artco (leeds) Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 29.4%, this company has a comparable cost of product (29.4%)

29.4% - Artco (leeds) Ltd

29.4% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (6.2%)

-2.9% - Artco (leeds) Ltd

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (11)

2 - Artco (leeds) Ltd

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £69.9k, the company has an equivalent pay structure (£69.9k)

£69.9k - Artco (leeds) Ltd

£69.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £252.3k, this is less efficient (£1.1m)

£252.3k - Artco (leeds) Ltd

£1.1m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (29 days)

0 days - Artco (leeds) Ltd

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (49 days)

2 days - Artco (leeds) Ltd

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 16 days, this is less than average (262 days)

16 days - Artco (leeds) Ltd

262 days - Industry AVG

cashbalance

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

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 491.6%, this is a higher level of debt than the average (64%)

491.6% - Artco (leeds) Ltd

64% - Industry AVG

ARTCO (LEEDS) LTD financials

EXPORTms excel logo

Artco (Leeds) Ltd's latest turnover from November 2023 is estimated at £504.5 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 HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover504,505358,751271,382311,290377,23790,688111,86472,26039,007
Other Income Or Grants
Cost Of Sales356,369266,448188,442209,303264,97161,41278,38751,11126,899
Gross Profit148,13692,30282,940101,987112,26729,27633,47721,14912,108
Admin Expenses162,898105,33282,27491,900100,08240,07560,41141,49128,253
Operating Profit-14,762-13,03066610,08712,185-10,799-26,934-20,342-16,145
Interest Payable
Interest Receivable2111689820
Pre-Tax Profit-14,551-12,86267410,09512,205-10,799-26,934-20,342-16,145
Tax-128-1,918-2,319
Profit After Tax-14,551-12,8625468,1779,886-10,799-26,934-20,342-16,145
Dividends Paid
Retained Profit-14,551-12,8625468,1779,886-10,799-26,934-20,342-16,145
Employee Costs139,869129,000105,929113,403118,02360,68470,68935,11522,782
Number Of Employees222221111
EBITDA*-14,511-12,7171,05710,51912,185-10,799-26,934-17,548-13,177

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets1,0041,2551,5681,9592,3914,9157,5549,61612,409
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,0041,2551,5681,9592,3914,9157,5549,61612,409
Stock & work in progress15,86817,95914,99110,7736,195
Trade Debtors7812,3632074753,9278,68413,18810,5199,150
Group Debtors
Misc Debtors
Cash3,5224,5216,70510,3775,386
misc current assets
total current assets20,17124,84321,90321,62515,5088,68413,18810,5199,150
total assets21,17526,09823,47123,58417,89913,59920,74220,13521,559
Bank overdraft
Bank loan
Trade Creditors 2,8793,3211,40667982010,17611,83216,9067,314
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities101,22091,15077,57678,96281,313
total current liabilities104,09994,47178,98279,64182,13310,17611,83216,9067,314
loans
hp & lease commitments
Accruals and Deferred Income1,000980980
other liabilities77,64371,33138,73629,410
provisions
total long term liabilities77,64372,33139,71630,390
total liabilities104,09994,47178,98279,64182,13387,81984,16356,62237,704
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 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit-14,762-13,03066610,08712,185-10,799-26,934-20,342-16,145
Depreciation2513133914322,7942,968
Amortisation
Tax-128-1,918-2,319
Stock-2,0912,9684,2184,5786,195
Debtors-1,5822,156-268-3,452-4,757-4,5042,6691,3699,150
Creditors-4421,915727-141-9,356-1,656-5,0749,5927,314
Accruals and Deferred Income10,07013,574-1,386-2,35181,313-1,00020980
Deferred Taxes & Provisions
Cash flow from operations-1,210-2,352-3,6804,98380,385-8,951-34,657-9,325-14,033
Investing Activities
capital expenditure2,5242,6392,062-1-15,377
Change in Investments
cash flow from investments2,5242,6392,062-1-15,377
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-77,6436,31232,5959,32629,410
share issue100
interest2111689820
cash flow from financing21116898-77,5236,31232,5959,32629,410
cash and cash equivalents
cash-999-2,184-3,6724,9915,386
overdraft
change in cash-999-2,184-3,6724,9915,386

artco (leeds) ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Artco (leeds) Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

jacqueline elizabeth watson 50%
graham howard watson 50%

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).

officercountryagestartendrole
Mrs Jacqueline WatsonEngland56 years Nov 2014- Director
Mr Graham WatsonEngland56 years Nov 2014- Director

P&L

November 2023

turnover

504.5k

+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 2023

net assets

-82.9k

+0.21%

total assets

21.2k

-0.19%

cash

3.5k

-0.22%

net assets

Total assets minus all liabilities

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

None

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

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