air extreme ltd
air extreme ltd Company Information
Company Number
10017829
Website
air-extreme.comRegistered Address
unit 1 centurion court, lauder lane, barnstaple, devon, EX31 3TA
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
01271349806
Next Accounts Due
February 2025
Group Structure
View All
Directors
Christopher Milton6 Years
Shareholders
christopher milton 100%
air extreme ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR EXTREME LTD at £447.9k based on a Turnover of £601.6k and 0.74x industry multiple (adjusted for size and gross margin).
air extreme ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR EXTREME LTD at £54.1k based on an EBITDA of £19.7k and a 2.75x industry multiple (adjusted for size and gross margin).
air extreme ltd Estimated Valuation
Pomanda estimates the enterprise value of AIR EXTREME LTD at £88.3k based on Net Assets of £51.9k and 1.7x industry multiple (adjusted for liquidity).
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Air Extreme Ltd Overview
Air Extreme Ltd is a live company located in barnstaple, EX31 3TA with a Companies House number of 10017829. It operates in the other sports activities sector, SIC Code 93199. Founded in February 2016, it's largest shareholder is christopher milton with a 100% stake. Air Extreme Ltd is a young, small sized company, Pomanda has estimated its turnover at £601.6k with declining growth in recent years.
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Air Extreme Ltd Health Check
Pomanda's financial health check has awarded Air Extreme Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £601.6k, make it in line with the average company (£510.3k)
- Air Extreme Ltd
£510.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.7%)
- Air Extreme Ltd
5.7% - Industry AVG
Production
with a gross margin of 43.3%, this company has a comparable cost of product (43.3%)
- Air Extreme Ltd
43.3% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (1.8%)
- Air Extreme Ltd
1.8% - Industry AVG
Employees
with 18 employees, this is above the industry average (13)
18 - Air Extreme Ltd
13 - Industry AVG
Pay Structure
on an average salary of £25.3k, the company has an equivalent pay structure (£25.3k)
- Air Extreme Ltd
£25.3k - Industry AVG
Efficiency
resulting in sales per employee of £33.4k, this is less efficient (£62.8k)
- Air Extreme Ltd
£62.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Air Extreme Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Air Extreme Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is in line with average (13 days)
- Air Extreme Ltd
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is less cash available to meet short term requirements (76 weeks)
48 weeks - Air Extreme Ltd
76 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.1%, this is a higher level of debt than the average (37.3%)
78.1% - Air Extreme Ltd
37.3% - Industry AVG
AIR EXTREME LTD financials
Air Extreme Ltd's latest turnover from May 2023 is estimated at £601.6 thousand and the company has net assets of £51.9 thousand. According to their latest financial statements, Air Extreme Ltd has 18 employees and maintains cash reserves of £142.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 18 | 15 | 26 | 34 | 32 | 35 | 37 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,928 | 49,091 | 56,599 | 72,313 | 88,977 | 230,315 | 298,913 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 39,928 | 49,091 | 56,599 | 72,313 | 88,977 | 230,315 | 298,913 |
| Stock & work in progress | 12,000 | 10,250 | 7,950 | 10,950 | 12,700 | 16,675 | 34,849 |
| Trade Debtors | 0 | 236 | 1,440 | 1,440 | 0 | 0 | 16,530 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 43,160 | 0 | 0 | 4,000 | 19,492 | 19,000 | 19,000 |
| Cash | 142,398 | 204,987 | 89,710 | 50,106 | 13,642 | 17,334 | 15,844 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 197,558 | 215,473 | 99,100 | 66,496 | 45,834 | 53,009 | 86,223 |
| total assets | 237,486 | 264,564 | 155,699 | 138,809 | 134,811 | 283,324 | 385,136 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,994 | 9,747 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 141 | 38 | 9,956 | 10,825 | 32,873 | 26,859 | 37,291 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 21,582 | 33,030 | 85,581 | 216,026 | 220,429 | 129,753 | 95,754 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 20,157 | 119,324 | 90,067 |
| other current liabilities | 122,093 | 103,724 | 98,592 | 94,987 | 88,361 | 91,674 | 99,333 |
| total current liabilities | 153,810 | 146,539 | 194,129 | 321,838 | 361,820 | 367,610 | 322,445 |
| loans | 31,756 | 69,568 | 114,419 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 20,159 | 140,403 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,756 | 69,568 | 114,419 | 0 | 0 | 20,159 | 140,403 |
| total liabilities | 185,566 | 216,107 | 308,548 | 321,838 | 361,820 | 387,769 | 462,848 |
| net assets | 51,920 | 48,457 | -152,849 | -183,029 | -227,009 | -104,445 | -77,712 |
| total shareholders funds | 51,920 | 48,457 | -152,849 | -183,029 | -227,009 | -104,445 | -77,712 |
| May 2023 | May 2022 | May 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 13,635 | 13,670 | 16,909 | 30,366 | 141,338 | 85,152 | 97,496 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 1,750 | 2,300 | -3,000 | -1,750 | -3,975 | -18,174 | 34,849 |
| Debtors | 42,924 | -1,204 | -4,000 | -14,052 | 492 | -16,530 | 35,530 |
| Creditors | 103 | -9,918 | -869 | -22,048 | 6,014 | -10,432 | 37,291 |
| Accruals and Deferred Income | 18,369 | 5,132 | 3,605 | 6,626 | -3,313 | -7,659 | 99,333 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 247 | 9,747 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -11,448 | -52,551 | -130,445 | -4,403 | 90,676 | 33,999 | 95,754 |
| Long term loans | -37,812 | -44,851 | 114,419 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -20,157 | -119,326 | -90,987 | 230,470 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -62,589 | 115,277 | 39,604 | 36,464 | -3,692 | 1,490 | 15,844 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -62,589 | 115,277 | 39,604 | 36,464 | -3,692 | 1,490 | 15,844 |
air extreme ltd Credit Report and Business Information
Air Extreme Ltd Competitor Analysis
Perform a competitor analysis for air extreme ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in EX31 area or any other competitors across 12 key performance metrics.
air extreme ltd Ownership
AIR EXTREME LTD group structure
Air Extreme Ltd has no subsidiary companies.
Ultimate parent company
AIR EXTREME LTD
10017829
air extreme ltd directors
Air Extreme Ltd currently has 1 director, Mr Christopher Milton serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Milton | United Kingdom | 46 years | Feb 2018 | - | Director |
P&L
May 2023turnover
601.6k
+100%
operating profit
6k
0%
gross margin
43.4%
-10.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
51.9k
+0.07%
total assets
237.5k
-0.1%
cash
142.4k
-0.31%
net assets
Total assets minus all liabilities
air extreme ltd company details
company number
10017829
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
February 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
PGD ACCOUNTANTS
auditor
-
address
unit 1 centurion court, lauder lane, barnstaple, devon, EX31 3TA
Bank
-
Legal Advisor
-
air extreme 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 air extreme ltd.
air extreme ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
