arthouse topco limited Company Information
Company Number
09802249
Next Accounts
Jan 2025
Industry
Floor and wall covering
Shareholders
nominee of northedge capital fund i lp
mark richard bates
View AllGroup Structure
View All
Contact
Registered Address
no 1 colmore square, birmingham, B4 6HQ
Website
www.arthouse.comarthouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of ARTHOUSE TOPCO LIMITED at £17m based on a Turnover of £23.6m and 0.72x industry multiple (adjusted for size and gross margin).
arthouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of ARTHOUSE TOPCO LIMITED at £6m based on an EBITDA of £1m and a 5.82x industry multiple (adjusted for size and gross margin).
arthouse topco limited Estimated Valuation
Pomanda estimates the enterprise value of ARTHOUSE TOPCO LIMITED at £4.1m based on Net Assets of £2.1m and 1.95x industry multiple (adjusted for liquidity).
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Arthouse Topco Limited Overview
Arthouse Topco Limited is a dissolved company that was located in birmingham, B4 6HQ with a Companies House number of 09802249. It operated in the floor and wall covering sector, SIC Code 43330. Founded in September 2015, it's largest shareholder was nominee of northedge capital fund i lp with a 70.2% stake. The last turnover for Arthouse Topco Limited was estimated at £23.6m.
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Arthouse Topco Limited Health Check
Pomanda's financial health check has awarded Arthouse Topco Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £23.6m, make it larger than the average company (£367.6k)
£23.6m - Arthouse Topco Limited
£367.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.9%)
10% - Arthouse Topco Limited
2.9% - Industry AVG
Production
with a gross margin of 39.9%, this company has a lower cost of product (28.4%)
39.9% - Arthouse Topco Limited
28.4% - Industry AVG
Profitability
an operating margin of -4.5% make it less profitable than the average company (8.4%)
-4.5% - Arthouse Topco Limited
8.4% - Industry AVG
Employees
with 63 employees, this is above the industry average (4)
63 - Arthouse Topco Limited
4 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has a higher pay structure (£29.6k)
£51.6k - Arthouse Topco Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £374.9k, this is more efficient (£153.9k)
£374.9k - Arthouse Topco Limited
£153.9k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (57 days)
71 days - Arthouse Topco Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (39 days)
95 days - Arthouse Topco Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is more than average (16 days)
114 days - Arthouse Topco Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (23 weeks)
2 weeks - Arthouse Topco Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.6%, this is a higher level of debt than the average (58%)
87.6% - Arthouse Topco Limited
58% - Industry AVG
ARTHOUSE TOPCO LIMITED financials
Arthouse Topco Limited's latest turnover from December 2020 is £23.6 million and the company has net assets of £2.1 million. According to their latest financial statements, Arthouse Topco Limited has 63 employees and maintains cash reserves of £371 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|
Turnover | 23,621,482 | 19,207,153 | 18,195,860 | 17,865,881 | 27,675,606 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 14,207,252 | 11,986,770 | 11,038,999 | 11,645,136 | 15,755,294 |
Gross Profit | 9,414,230 | 7,220,383 | 7,156,861 | 6,220,745 | 11,920,312 |
Admin Expenses | 10,485,278 | 9,401,257 | 8,297,370 | 10,029,556 | 10,239,356 |
Operating Profit | -1,071,048 | -2,180,874 | -1,140,509 | -3,808,811 | 1,680,956 |
Interest Payable | 1,826,919 | 1,992,883 | 1,957,023 | 1,579,527 | 2,044,098 |
Interest Receivable | 0 | 0 | 0 | 0 | 3,679 |
Pre-Tax Profit | -2,897,967 | -4,173,757 | -3,097,532 | -5,388,338 | -359,463 |
Tax | 64,777 | 196,228 | 196,632 | 243,680 | -18,482 |
Profit After Tax | -2,833,190 | -3,977,529 | -2,900,900 | -5,144,658 | -377,945 |
Dividends Paid | 0 | 0 | 0 | 0 | 350,000 |
Retained Profit | -2,833,190 | -3,977,529 | -2,900,900 | -5,144,658 | -727,945 |
Employee Costs | 3,248,305 | 3,000,158 | 2,537,212 | 2,893,883 | 3,779,105 |
Number Of Employees | 63 | 66 | 56 | 64 | 65 |
EBITDA* | 1,026,537 | -133,022 | 896,100 | -1,769,957 | 4,136,366 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|
Tangible Assets | 244,383 | 199,398 | 96,491 | 68,385 | 86,925 |
Intangible Assets | 6,645,102 | 8,626,545 | 10,607,988 | 12,589,431 | 14,570,874 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,889,485 | 8,825,943 | 10,704,479 | 12,657,816 | 14,657,799 |
Stock & work in progress | 4,464,458 | 3,235,684 | 3,290,883 | 2,855,050 | 3,661,685 |
Trade Debtors | 4,607,563 | 3,152,532 | 3,138,488 | 3,177,644 | 3,798,062 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 455,464 | 433,828 | 341,254 | 740,004 | 416,165 |
Cash | 370,977 | 60,751 | 584,484 | 40,615 | 2,062,635 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 9,898,462 | 6,882,795 | 7,355,109 | 6,813,313 | 9,938,547 |
total assets | 16,787,947 | 15,708,738 | 18,059,588 | 19,471,129 | 24,596,346 |
Bank overdraft | 0 | 1,090,294 | 0 | 509,025 | 0 |
Bank loan | 125,000 | 800,000 | 800,000 | 800,000 | 800,000 |
Trade Creditors | 3,700,162 | 3,551,275 | 4,002,172 | 2,709,517 | 2,805,969 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 15,645,785 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 4,449,155 | 1,823,563 | 1,530,786 | 1,734,952 | 2,336,584 |
total current liabilities | 8,274,317 | 22,910,917 | 6,332,958 | 5,753,494 | 5,942,553 |
loans | 6,076,886 | 4,460,850 | 19,258,081 | 18,169,062 | 17,727,732 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 349,736 | 449,392 | 603,418 | 783,193 | 1,015,958 |
total long term liabilities | 6,426,622 | 4,910,242 | 19,861,499 | 18,952,255 | 18,743,690 |
total liabilities | 14,700,939 | 27,821,159 | 26,194,457 | 24,705,749 | 24,686,243 |
net assets | 2,087,008 | -12,112,421 | -8,134,869 | -5,234,620 | -89,897 |
total shareholders funds | 2,087,008 | -12,112,421 | -8,134,869 | -5,234,620 | -89,897 |
Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | -1,071,048 | -2,180,874 | -1,140,509 | -3,808,811 | 1,680,956 |
Depreciation | 116,142 | 66,409 | 55,166 | 57,411 | 61,166 |
Amortisation | 1,981,443 | 1,981,443 | 1,981,443 | 1,981,443 | 2,394,244 |
Tax | 64,777 | 196,228 | 196,632 | 243,680 | -18,482 |
Stock | 1,228,774 | -55,199 | 435,833 | -806,635 | 3,661,685 |
Debtors | 1,476,667 | 106,618 | -437,906 | -296,579 | 4,214,227 |
Creditors | 148,887 | -450,897 | 1,292,655 | -96,452 | 2,805,969 |
Accruals and Deferred Income | 2,625,592 | 292,777 | -204,166 | -601,632 | 2,336,584 |
Deferred Taxes & Provisions | -99,656 | -154,026 | -179,775 | -232,765 | 1,015,958 |
Cash flow from operations | 1,060,696 | -300,359 | 2,003,519 | -1,353,912 | 2,400,483 |
Investing Activities | |||||
capital expenditure | 0 | 0 | -83,272 | -38,871 | -47,540 |
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | -83,272 | -38,871 | -47,540 |
Financing Activities | |||||
Bank loans | -675,000 | 0 | 0 | 0 | 800,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | -15,645,785 | 15,645,785 | 0 | 0 | 0 |
Long term loans | 1,616,036 | -14,797,231 | 1,089,019 | 441,330 | 17,727,732 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | -1,826,919 | -1,992,883 | -1,957,023 | -1,579,527 | -2,040,419 |
cash flow from financing | 500,951 | -1,144,352 | -867,353 | -1,138,262 | 17,125,361 |
cash and cash equivalents | |||||
cash | 310,226 | -523,733 | 543,869 | -2,022,020 | 2,062,635 |
overdraft | -1,090,294 | 1,090,294 | -509,025 | 509,025 | 0 |
change in cash | 1,400,520 | -1,614,027 | 1,052,894 | -2,531,045 | 2,062,635 |
arthouse topco limited Credit Report and Business Information
Arthouse Topco Limited Competitor Analysis
Perform a competitor analysis for arthouse topco limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in B 4 area or any other competitors across 12 key performance metrics.
arthouse topco limited Ownership
ARTHOUSE TOPCO LIMITED group structure
Arthouse Topco Limited has 1 subsidiary company.
arthouse topco limited directors
Arthouse Topco Limited currently has 4 directors. The longest serving directors include Ms Nicola McQuaid (Jun 2017) and Mr Mark Bates (Dec 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Nicola McQuaid | United Kingdom | 47 years | Jun 2017 | - | Director |
Mr Mark Bates | 66 years | Dec 2018 | - | Director | |
Ms Rebecca Shellard | England | 43 years | Jul 2020 | - | Director |
Ms Rebecca Shellard | England | 43 years | Jul 2020 | - | Director |
P&L
December 2020turnover
23.6m
+23%
operating profit
-1.1m
-51%
gross margin
39.9%
+6.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
2.1m
-1.17%
total assets
16.8m
+0.07%
cash
371k
+5.11%
net assets
Total assets minus all liabilities
arthouse topco limited company details
company number
09802249
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2020
previous names
project monet topco limited (October 2015)
accountant
-
auditor
BDO LLP
address
no 1 colmore square, birmingham, B4 6HQ
Bank
-
Legal Advisor
-
arthouse topco 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 4 charges/mortgages relating to arthouse topco limited. Currently there are 4 open charges and 0 have been satisfied in the past.
arthouse topco 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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arthouse topco limited Companies House Filings - See Documents
date | description | view/download |
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