altrove io ltd

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altrove io ltd Company Information

Share ALTROVE IO LTD

Company Number

09944571

Directors

Ozan Korkut

Shareholders

ozan korkut

Group Structure

View All

Industry

Specialised design activities

 

Registered Address

demsa accounts 565 green lanes, haringey, london, N8 0RL

altrove io ltd Estimated Valuation

£45.2k

Pomanda estimates the enterprise value of ALTROVE IO LTD at £45.2k based on a Turnover of £105.7k and 0.43x industry multiple (adjusted for size and gross margin).

altrove io ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ALTROVE IO LTD at £0 based on an EBITDA of £-3.8k and a 3.52x industry multiple (adjusted for size and gross margin).

altrove io ltd Estimated Valuation

£14.8k

Pomanda estimates the enterprise value of ALTROVE IO LTD at £14.8k based on Net Assets of £8k and 1.85x industry multiple (adjusted for liquidity).

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Altrove Io Ltd Overview

Altrove Io Ltd is a live company located in london, N8 0RL with a Companies House number of 09944571. It operates in the specialised design activities sector, SIC Code 74100. Founded in January 2016, it's largest shareholder is ozan korkut with a 100% stake. Altrove Io Ltd is a young, micro sized company, Pomanda has estimated its turnover at £105.7k with high growth in recent years.

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Altrove Io Ltd Health Check

Pomanda's financial health check has awarded Altrove Io Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £105.7k, make it smaller than the average company (£279.3k)

£105.7k - Altrove Io Ltd

£279.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (14.6%)

26% - Altrove Io Ltd

14.6% - Industry AVG

production

Production

with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)

48.4% - Altrove Io Ltd

48.4% - Industry AVG

profitability

Profitability

an operating margin of -5.2% make it less profitable than the average company (9.5%)

-5.2% - Altrove Io Ltd

9.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Altrove Io Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)

£33.2k - Altrove Io Ltd

£33.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £105.7k, this is equally as efficient (£105.7k)

£105.7k - Altrove Io Ltd

£105.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Altrove Io Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Altrove Io Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Altrove Io Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Altrove Io Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (56%)

2.9% - Altrove Io Ltd

56% - Industry AVG

ALTROVE IO LTD financials

EXPORTms excel logo

Altrove Io Ltd's latest turnover from October 2024 is estimated at £105.7 thousand and the company has net assets of £8 thousand. According to their latest financial statements, Altrove Io Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Turnover105,72761,86639,45052,79251,82132,45212,709
Other Income Or Grants
Cost Of Sales54,57031,93917,93022,09822,63814,9015,172
Gross Profit51,15729,92821,52030,69429,18317,5517,536
Admin Expenses56,67113,18322,08430,62129,02917,54486-1237,427
Operating Profit-5,51416,745-564731547-86123109
Interest Payable
Interest Receivable5824871715114892511
Pre-Tax Profit-5,51417,327-77901691214148120
Tax-4,332-17-32-23-1-28-24
Profit After Tax-5,51412,995-777313798312096
Dividends Paid
Retained Profit-5,51412,995-777313798312096
Employee Costs33,18726,69728,28632,48527,32235,36838,733
Number Of Employees1111111
EBITDA*-3,83717,729216232343243-63123109

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Tangible Assets6,7108,3873,1203,9007569451,181
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6,7108,3873,1203,9007569451,181
Stock & work in progress
Trade Debtors4,5526001,640
Group Debtors
Misc Debtors1,56032,1452929292522
Cash22,16821,08812,77917,53512,82311,0358,780
misc current assets12
total current assets1,56032,14526,72021,08812,80818,16412,85211,06010,454
total assets8,27040,53229,84024,98813,56419,10914,03311,06010,454
Bank overdraft
Bank loan
Trade Creditors 5555
Group/Directors Accounts800800
other short term finances
hp & lease commitments
other current liabilities23926,98229,28524,35613,00518,69213,7149,9449,458
total current liabilities23926,98729,29024,36113,01018,69213,71410,74410,258
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities23926,98729,29024,36113,01018,69213,71410,74410,258
net assets8,03113,545550627554417319316196
total shareholders funds8,03113,545550627554417319316196
Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit-5,51416,745-564731547-86123109
Depreciation1,67798478015918923623
Amortisation
Tax-4,332-17-32-23-1-28-24
Stock
Debtors-30,58527,5934,552-29-6006004-1,6371,662
Creditors-55
Accruals and Deferred Income-26,743-2,3034,92911,351-5,6874,9783,7704869,458
Deferred Taxes & Provisions
Cash flow from operations-16,49959311,595-4,7714,5983,7022,2187,881
Investing Activities
capital expenditure-6,251-3,303-1,204
Change in Investments
cash flow from investments-6,251-3,303-1,204
Financing Activities
Bank loans
Group/Directors Accounts-800800
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest5824871715114892511
cash flow from financing5824871715114-71125911
cash and cash equivalents
cash-22,1681,0808,309-4,7564,7121,7882,2558,780
overdraft
change in cash-22,1681,0808,309-4,7564,7121,7882,2558,780

altrove io 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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Altrove Io Ltd Competitor Analysis

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Perform a competitor analysis for altrove io ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 8 area or any other competitors across 12 key performance metrics.

altrove io ltd Ownership

ALTROVE IO LTD group structure

Altrove Io Ltd has no subsidiary companies.

Ultimate parent company

ALTROVE IO LTD

09944571

ALTROVE IO LTD Shareholders

ozan korkut 100%

altrove io ltd directors

Altrove Io Ltd currently has 1 director, Mr Ozan Korkut serving since Jan 2016.

officercountryagestartendrole
Mr Ozan KorkutEngland33 years Jan 2016- Director

P&L

October 2024

turnover

105.7k

+71%

operating profit

-5.5k

0%

gross margin

48.4%

+0.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2024

net assets

8k

-0.41%

total assets

8.3k

-0.8%

cash

0

0%

net assets

Total assets minus all liabilities

altrove io ltd company details

company number

09944571

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

January 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2024

previous names

bowlon creative ltd (December 2022)

accountant

-

auditor

-

address

demsa accounts 565 green lanes, haringey, london, N8 0RL

Bank

-

Legal Advisor

-

altrove io 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 altrove io ltd.

altrove io 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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altrove io ltd Companies House Filings - See Documents

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