altitude assets limited
altitude assets limited Company Information
Company Number
09565121
Next Accounts
Sep 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
can yavuzarslan
kerem yavuzarslan
Group Structure
View All
Contact
Registered Address
834 hertford road, enfield, EN3 6UE
Website
www.altitudeassets.comaltitude assets limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE ASSETS LIMITED at £3.2m based on a Turnover of £1.3m and 2.41x industry multiple (adjusted for size and gross margin).
altitude assets limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE ASSETS LIMITED at £104k based on an EBITDA of £21k and a 4.96x industry multiple (adjusted for size and gross margin).
altitude assets limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE ASSETS LIMITED at £579.1k based on Net Assets of £333.4k and 1.74x industry multiple (adjusted for liquidity).
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Altitude Assets Limited Overview
Altitude Assets Limited is a live company located in enfield, EN3 6UE with a Companies House number of 09565121. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2015, it's largest shareholder is can yavuzarslan with a 75% stake. Altitude Assets Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Altitude Assets Limited Health Check
Pomanda's financial health check has awarded Altitude Assets Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.3m, make it larger than the average company (£1.1m)
- Altitude Assets Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (3.6%)
- Altitude Assets Limited
3.6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (70.8%)
- Altitude Assets Limited
70.8% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (21.8%)
- Altitude Assets Limited
21.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Altitude Assets Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Altitude Assets Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £444k, this is more efficient (£201.2k)
- Altitude Assets Limited
£201.2k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (33 days)
- Altitude Assets Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 1255 days, this is slower than average (35 days)
- Altitude Assets Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Altitude Assets Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Altitude Assets Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (71.2%)
94.4% - Altitude Assets Limited
71.2% - Industry AVG
ALTITUDE ASSETS LIMITED financials
Altitude Assets Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £333.4 thousand. According to their latest financial statements, we estimate that Altitude Assets Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,960,308 | 4,700,784 | 4,124,204 | 3,318,234 | 3,247,682 | 3,133,063 | 3,057,605 | 2,570,917 | 2,111,512 |
| 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 | 5,960,308 | 4,700,784 | 4,124,204 | 3,318,234 | 3,247,682 | 3,133,063 | 3,057,605 | 2,570,917 | 2,111,512 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 40,763 | 52,551 | 642,117 | 971,208 | 259,640 | 334,411 | 24,223 | 487,626 | 184,555 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 362 | 3,580 | 0 |
| total current assets | 40,763 | 52,551 | 642,117 | 971,208 | 259,640 | 334,411 | 24,585 | 491,206 | 184,555 |
| total assets | 6,001,071 | 4,753,335 | 4,766,321 | 4,289,442 | 3,507,322 | 3,467,474 | 3,082,190 | 3,062,123 | 2,296,067 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,381,532 | 2,117,724 | 2,216,146 | 2,992,487 | 2,203,235 | 117,051 | 50,266 | 31,123 | 12,535 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,381,532 | 2,117,724 | 2,216,146 | 2,992,487 | 2,203,235 | 117,051 | 50,266 | 31,123 | 12,535 |
| 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 | 1,800 | 1,800 | 1,800 | 1,815 | 1,695 | 1,455 | 1,215 | 1,215 | 0 |
| other liabilities | 2,284,363 | 2,316,163 | 2,324,928 | 1,176,332 | 1,227,680 | 3,329,508 | 3,057,155 | 3,019,244 | 2,274,875 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,286,163 | 2,317,963 | 2,326,728 | 1,178,147 | 1,229,375 | 3,330,963 | 3,058,370 | 3,020,459 | 2,274,875 |
| total liabilities | 5,667,695 | 4,435,687 | 4,542,874 | 4,170,634 | 3,432,610 | 3,448,014 | 3,108,636 | 3,051,582 | 2,287,410 |
| net assets | 333,376 | 317,648 | 223,447 | 118,808 | 74,712 | 19,460 | -26,446 | 10,541 | 8,657 |
| total shareholders funds | 333,376 | 317,648 | 223,447 | 118,808 | 74,712 | 19,460 | -26,446 | 10,541 | 8,657 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -11,788 | -589,566 | -329,091 | 711,568 | -74,771 | 310,188 | -463,403 | 303,071 | 184,555 |
| Creditors | 1,263,808 | -98,422 | -776,341 | 789,252 | 2,086,184 | 66,785 | 19,143 | 18,588 | 12,535 |
| Accruals and Deferred Income | 0 | 0 | -15 | 120 | 240 | 240 | 0 | 1,215 | 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 | -31,800 | -8,765 | 1,148,596 | -51,348 | -2,101,828 | 272,353 | 37,911 | 744,369 | 2,274,875 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
altitude assets limited Credit Report and Business Information
Altitude Assets Limited Competitor Analysis
Perform a competitor analysis for altitude assets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in EN3 area or any other competitors across 12 key performance metrics.
altitude assets limited Ownership
ALTITUDE ASSETS LIMITED group structure
Altitude Assets Limited has 1 subsidiary company.
altitude assets limited directors
Altitude Assets Limited currently has 2 directors. The longest serving directors include Mr Kerem Yavuzarslan (Apr 2015) and Mr Can Yavuzarslan (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kerem Yavuzarslan | England | 63 years | Apr 2015 | - | Director |
| Mr Can Yavuzarslan | England | 32 years | Apr 2015 | - | Director |
P&L
December 2023turnover
1.3m
+44%
operating profit
21k
0%
gross margin
26.2%
+5.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
333.4k
+0.05%
total assets
6m
+0.26%
cash
0
0%
net assets
Total assets minus all liabilities
altitude assets limited company details
company number
09565121
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
834 hertford road, enfield, EN3 6UE
Bank
-
Legal Advisor
-
altitude assets 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 7 charges/mortgages relating to altitude assets limited. Currently there are 4 open charges and 3 have been satisfied in the past.
altitude assets 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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altitude assets limited Companies House Filings - See Documents
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