ardic uk ltd
ardic uk ltd Company Information
Company Number
09757279
Website
www.ardic.co.ukRegistered Address
293 green lanes, palmers green, london, N13 4XS
Industry
Manufacture of other electrical equipment
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Asim Ardic9 Years
Shareholders
asim ardic 100%
ardic uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARDIC UK LTD at £291.8k based on a Turnover of £526.9k and 0.55x industry multiple (adjusted for size and gross margin).
ardic uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARDIC UK LTD at £212.7k based on an EBITDA of £51.3k and a 4.15x industry multiple (adjusted for size and gross margin).
ardic uk ltd Estimated Valuation
Pomanda estimates the enterprise value of ARDIC UK LTD at £0 based on Net Assets of £-25.6k and 2.05x industry multiple (adjusted for liquidity).
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Ardic Uk Ltd Overview
Ardic Uk Ltd is a live company located in london, N13 4XS with a Companies House number of 09757279. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in September 2015, it's largest shareholder is asim ardic with a 100% stake. Ardic Uk Ltd is a young, small sized company, Pomanda has estimated its turnover at £526.9k with high growth in recent years.
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Ardic Uk Ltd Health Check
Pomanda's financial health check has awarded Ardic Uk Ltd a 3.5 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 £526.9k, make it smaller than the average company (£12.8m)
- Ardic Uk Ltd
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.5%)
- Ardic Uk Ltd
4.5% - Industry AVG
Production
with a gross margin of 21.8%, this company has a higher cost of product (34.1%)
- Ardic Uk Ltd
34.1% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (6.9%)
- Ardic Uk Ltd
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (75)
1 - Ardic Uk Ltd
75 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Ardic Uk Ltd
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £526.9k, this is more efficient (£171.2k)
- Ardic Uk Ltd
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 130 days, this is later than average (66 days)
- Ardic Uk Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 189 days, this is slower than average (47 days)
- Ardic Uk Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ardic Uk Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ardic Uk Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113.6%, this is a higher level of debt than the average (42.6%)
113.6% - Ardic Uk Ltd
42.6% - Industry AVG
ARDIC UK LTD financials
Ardic Uk Ltd's latest turnover from September 2023 is estimated at £526.9 thousand and the company has net assets of -£25.6 thousand. According to their latest financial statements, Ardic Uk Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 633 | 844 | 1,125 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 633 | 844 | 1,125 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 188,775 | 168,220 | 128,752 | 58,063 | 81,209 | 131,052 | 152,791 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 188,775 | 168,220 | 128,752 | 58,063 | 81,209 | 131,052 | 152,791 | 140 |
| total assets | 188,775 | 168,220 | 128,752 | 58,063 | 81,842 | 131,896 | 153,916 | 140 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 214,395 | 232,325 | 225,700 | 182,114 | 257,222 | 221,934 | 175,534 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600 |
| total current liabilities | 214,395 | 232,325 | 225,700 | 182,114 | 257,222 | 221,934 | 175,534 | 600 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 214,395 | 232,325 | 225,700 | 182,114 | 257,222 | 221,934 | 175,534 | 600 |
| net assets | -25,620 | -64,105 | -96,948 | -124,051 | -175,380 | -90,038 | -21,618 | -460 |
| total shareholders funds | -25,620 | -64,105 | -96,948 | -124,051 | -175,380 | -90,038 | -21,618 | -460 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 20,555 | 39,468 | 70,689 | -23,146 | -49,843 | -21,739 | 152,651 | 140 |
| Creditors | -17,930 | 6,625 | 43,586 | -75,108 | 35,288 | 46,400 | 175,534 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -600 | 600 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ardic uk ltd Credit Report and Business Information
Ardic Uk Ltd Competitor Analysis
Perform a competitor analysis for ardic uk ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in N13 area or any other competitors across 12 key performance metrics.
ardic uk ltd Ownership
ARDIC UK LTD group structure
Ardic Uk Ltd has no subsidiary companies.
Ultimate parent company
ARDIC UK LTD
09757279
ardic uk ltd directors
Ardic Uk Ltd currently has 1 director, Mr Asim Ardic serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Asim Ardic | England | 64 years | Sep 2015 | - | Director |
P&L
September 2023turnover
526.9k
+4%
operating profit
51.3k
0%
gross margin
21.9%
-9.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-25.6k
-0.6%
total assets
188.8k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
ardic uk ltd company details
company number
09757279
Type
Private limited with Share Capital
industry
27900 - Manufacture of other electrical equipment
incorporation date
September 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
293 green lanes, palmers green, london, N13 4XS
accountant
-
auditor
-
ardic uk 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 ardic uk ltd.
ardic uk ltd Companies House Filings - See Documents
| date | description | view/download |
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