adnc projects limited
adnc projects limited Company Information
Company Number
10356563
Next Accounts
Jun 2025
Shareholders
christopher emery
adam freibach
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
wellington house otley street, skipton, BD23 1EL
Website
www.adnc.co.ukadnc projects limited Estimated Valuation
Pomanda estimates the enterprise value of ADNC PROJECTS LIMITED at £1.1m based on a Turnover of £2.2m and 0.5x industry multiple (adjusted for size and gross margin).
adnc projects limited Estimated Valuation
Pomanda estimates the enterprise value of ADNC PROJECTS LIMITED at £1.1m based on an EBITDA of £288.5k and a 3.98x industry multiple (adjusted for size and gross margin).
adnc projects limited Estimated Valuation
Pomanda estimates the enterprise value of ADNC PROJECTS LIMITED at £645.4k based on Net Assets of £456.8k and 1.41x industry multiple (adjusted for liquidity).
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Adnc Projects Limited Overview
Adnc Projects Limited is a live company located in skipton, BD23 1EL with a Companies House number of 10356563. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2016, it's largest shareholder is christopher emery with a 30% stake. Adnc Projects Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with high growth in recent years.
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Adnc Projects Limited Health Check
Pomanda's financial health check has awarded Adnc Projects Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £2.2m, make it in line with the average company (£2.2m)
- Adnc Projects Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.5%)
- Adnc Projects Limited
3.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Adnc Projects Limited
26.4% - Industry AVG
Profitability
an operating margin of 12.4% make it more profitable than the average company (6.9%)
- Adnc Projects Limited
6.9% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Adnc Projects Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Adnc Projects Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is less efficient (£275.1k)
- Adnc Projects Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (28 days)
- Adnc Projects Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (30 days)
- Adnc Projects Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (161 days)
- Adnc Projects Limited
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (13 weeks)
51 weeks - Adnc Projects Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (72.8%)
45.4% - Adnc Projects Limited
72.8% - Industry AVG
ADNC PROJECTS LIMITED financials
Adnc Projects Limited's latest turnover from September 2023 is estimated at £2.2 million and the company has net assets of £456.8 thousand. According to their latest financial statements, Adnc Projects Limited has 10 employees and maintains cash reserves of £305.2 thousand 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 | |
|---|---|---|---|---|---|---|---|
| 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 | 10 | 7 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 107,725 | 79,203 | 57,862 | 30,898 | 46,068 | 48,960 | 60,942 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 107,725 | 79,203 | 57,862 | 30,898 | 46,068 | 48,960 | 60,942 |
| Stock & work in progress | 5,000 | 5,000 | 5,000 | ||||
| Trade Debtors | 331,829 | 396,041 | 138,287 | 163,774 | 217,042 | 102,534 | 79,111 |
| Group Debtors | |||||||
| Misc Debtors | 86,662 | 8,428 | 13,016 | 4,446 | 3,870 | ||
| Cash | 305,221 | 272,132 | 193,766 | ||||
| misc current assets | 2,657 | 2,033 | |||||
| total current assets | 728,712 | 681,601 | 350,069 | 168,220 | 220,912 | 105,191 | 81,144 |
| total assets | 836,437 | 760,804 | 407,931 | 199,118 | 266,980 | 154,151 | 142,086 |
| Bank overdraft | 9,000 | ||||||
| Bank loan | 9,000 | 9,000 | |||||
| Trade Creditors | 53,912 | 156,362 | 140,118 | 116,279 | 229,917 | 94,241 | 81,142 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | 13,167 | 5,504 | 6,208 | ||||
| other current liabilities | 233,012 | 283,436 | 111,992 | ||||
| total current liabilities | 309,091 | 454,302 | 267,318 | 116,279 | 229,917 | 94,241 | 81,142 |
| loans | 15,000 | 23,999 | 33,000 | ||||
| hp & lease commitments | 28,591 | 24,507 | 28,289 | ||||
| Accruals and Deferred Income | 1,000 | 11,750 | 9,500 | 4,000 | 2,156 | ||
| other liabilities | 51,777 | 10,429 | 14,918 | 20,199 | |||
| provisions | 27,000 | 14,000 | |||||
| total long term liabilities | 70,591 | 62,506 | 62,289 | 63,527 | 19,929 | 18,918 | 22,355 |
| total liabilities | 379,682 | 516,808 | 329,607 | 179,806 | 249,846 | 113,159 | 103,497 |
| net assets | 456,755 | 243,996 | 78,324 | 19,312 | 17,134 | 40,992 | 38,589 |
| total shareholders funds | 456,755 | 243,996 | 78,324 | 19,312 | 17,134 | 40,992 | 38,589 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 16,789 | 8,460 | |||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 5,000 | ||||||
| Debtors | 14,022 | 253,166 | -16,917 | -52,692 | 118,378 | 23,423 | 79,111 |
| Creditors | -102,450 | 16,244 | 23,839 | -113,638 | 135,676 | 13,099 | 81,142 |
| Accruals and Deferred Income | -50,424 | 170,444 | 101,242 | 2,250 | 5,500 | 1,844 | 2,156 |
| Deferred Taxes & Provisions | 13,000 | 14,000 | |||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 9,000 | ||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -8,999 | -9,001 | 33,000 | ||||
| Hire Purchase and Lease Commitments | 11,747 | -4,486 | 34,497 | ||||
| other long term liabilities | -51,777 | 41,348 | -4,489 | -5,281 | 20,199 | ||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 33,089 | 78,366 | 193,766 | ||||
| overdraft | -9,000 | 9,000 | |||||
| change in cash | 33,089 | 87,366 | 184,766 |
adnc projects limited Credit Report and Business Information
Adnc Projects Limited Competitor Analysis
Perform a competitor analysis for adnc projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BD23 area or any other competitors across 12 key performance metrics.
adnc projects limited Ownership
ADNC PROJECTS LIMITED group structure
Adnc Projects Limited has no subsidiary companies.
Ultimate parent company
ADNC PROJECTS LIMITED
10356563
adnc projects limited directors
Adnc Projects Limited currently has 3 directors. The longest serving directors include Mr Adam Freibach (Sep 2016) and Mr Christopher Emery (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Freibach | England | 43 years | Sep 2016 | - | Director |
| Mr Christopher Emery | United Kingdom | 41 years | Sep 2022 | - | Director |
| Mrs Ruth Freibach | England | 46 years | Feb 2025 | - | Director |
P&L
September 2023turnover
2.2m
-7%
operating profit
271.7k
0%
gross margin
26.4%
+4.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
456.8k
+0.87%
total assets
836.4k
+0.1%
cash
305.2k
+0.12%
net assets
Total assets minus all liabilities
adnc projects limited company details
company number
10356563
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
wellington house otley street, skipton, BD23 1EL
Bank
-
Legal Advisor
-
adnc projects 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 1 charges/mortgages relating to adnc projects limited. Currently there are 1 open charges and 0 have been satisfied in the past.
adnc projects 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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adnc projects limited Companies House Filings - See Documents
| date | description | view/download |
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