
Company Number
10269216
Next Accounts
3 days late
Shareholders
ashley gopee
Group Structure
View All
Industry
Architectural activities
+2Registered Address
18 ridge park, purley, CR8 3PN
Website
artstudio23.co.ukPomanda estimates the enterprise value of STUDIO TWENTY THREE LIMITED at £210.7k based on a Turnover of £122.5k and 1.72x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of STUDIO TWENTY THREE LIMITED at £8.1k based on an EBITDA of £1.8k and a 4.38x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of STUDIO TWENTY THREE LIMITED at £64.1k based on Net Assets of £29.5k and 2.17x industry multiple (adjusted for liquidity).
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Studio Twenty Three Limited is a live company located in purley, CR8 3PN with a Companies House number of 10269216. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2016, it's largest shareholder is ashley gopee with a 100% stake. Studio Twenty Three Limited is a young, micro sized company, Pomanda has estimated its turnover at £122.5k with rapid growth in recent years.
Pomanda's financial health check has awarded Studio Twenty Three Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £122.5k, make it smaller than the average company (£769.8k)
- Studio Twenty Three Limited
£769.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 61%, show it is growing at a faster rate (2.8%)
- Studio Twenty Three Limited
2.8% - Industry AVG
Production
with a gross margin of 31.1%, this company has a higher cost of product (63.7%)
- Studio Twenty Three Limited
63.7% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (20%)
- Studio Twenty Three Limited
20% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Studio Twenty Three Limited
6 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Studio Twenty Three Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £122.5k, this is less efficient (£148k)
- Studio Twenty Three Limited
£148k - Industry AVG
Debtor Days
it gets paid by customers after 145 days, this is later than average (47 days)
- Studio Twenty Three Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (31 days)
- Studio Twenty Three Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Studio Twenty Three Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Studio Twenty Three Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.8%, this is a lower level of debt than the average (61.5%)
39.8% - Studio Twenty Three Limited
61.5% - Industry AVG
Studio Twenty Three Limited's latest turnover from July 2023 is estimated at £122.5 thousand and the company has net assets of £29.5 thousand. According to their latest financial statements, Studio Twenty Three Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 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 | 1 | 1 | 1 | 1 | 1 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | |||||||
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | |||||||
Stock & work in progress | |||||||
Trade Debtors | 48,966 | 46,608 | 15,189 | 5,890 | 2,857 | 12,385 | 3,558 |
Group Debtors | |||||||
Misc Debtors | |||||||
Cash | |||||||
misc current assets | |||||||
total current assets | 48,966 | 46,608 | 15,189 | 5,890 | 2,857 | 12,385 | 3,558 |
total assets | 48,966 | 46,608 | 15,189 | 5,890 | 2,857 | 12,385 | 3,558 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 18,717 | 17,844 | 2,700 | 3,207 | 461 | 10,877 | |
Group/Directors Accounts | |||||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | |||||||
total current liabilities | 18,717 | 17,844 | 2,700 | 3,207 | 461 | 10,877 | |
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | 750 | 650 | 650 | 350 | 350 | 350 | 350 |
other liabilities | 2,855 | ||||||
provisions | |||||||
total long term liabilities | 750 | 650 | 650 | 350 | 350 | 350 | 3,205 |
total liabilities | 19,467 | 18,494 | 3,350 | 3,557 | 811 | 11,227 | 3,205 |
net assets | 29,499 | 28,114 | 11,839 | 2,333 | 2,046 | 1,158 | 353 |
total shareholders funds | 29,499 | 28,114 | 11,839 | 2,333 | 2,046 | 1,158 | 353 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | |||||||
Debtors | 2,358 | 31,419 | 9,299 | 3,033 | -9,528 | 8,827 | 3,558 |
Creditors | 873 | 15,144 | -507 | 2,746 | -10,416 | 10,877 | |
Accruals and Deferred Income | 100 | 300 | 350 | ||||
Deferred Taxes & Provisions | |||||||
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | |||||||
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | |||||||
Other Short Term Loans | |||||||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | -2,855 | 2,855 | |||||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | |||||||
overdraft | |||||||
change in cash |
Perform a competitor analysis for studio twenty three limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CR8 area or any other competitors across 12 key performance metrics.
STUDIO TWENTY THREE LIMITED group structure
Studio Twenty Three Limited has no subsidiary companies.
Ultimate parent company
STUDIO TWENTY THREE LIMITED
10269216
Studio Twenty Three Limited currently has 2 directors. The longest serving directors include Mr Ashley Gopee (Jul 2016) and Miss Aisha Nottage (Feb 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ashley Gopee | England | 31 years | Jul 2016 | - | Director |
Miss Aisha Nottage | England | 31 years | Feb 2023 | - | Director |
P&L
July 2023turnover
122.5k
+7%
operating profit
1.8k
0%
gross margin
31.2%
+2.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
29.5k
+0.05%
total assets
49k
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
company number
10269216
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
71111 - Architectural activities
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
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
RRB
auditor
-
address
18 ridge park, purley, CR8 3PN
Bank
-
Legal Advisor
-
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 studio twenty three limited.
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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