ade apartments limited
ade apartments limited Company Information
Company Number
10509301
Next Accounts
Jan 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
ad group ltd
Group Structure
View All
Contact
Registered Address
unit 3, vista place, ingworth road, poole, BH12 1JY
Website
-ade apartments limited Estimated Valuation
Pomanda estimates the enterprise value of ADE APARTMENTS LIMITED at £1.3m based on a Turnover of £545.4k and 2.31x industry multiple (adjusted for size and gross margin).
ade apartments limited Estimated Valuation
Pomanda estimates the enterprise value of ADE APARTMENTS LIMITED at £0 based on an EBITDA of £-11.1k and a 4.58x industry multiple (adjusted for size and gross margin).
ade apartments limited Estimated Valuation
Pomanda estimates the enterprise value of ADE APARTMENTS LIMITED at £0 based on Net Assets of £-11.1k and 1.71x industry multiple (adjusted for liquidity).
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Ade Apartments Limited Overview
Ade Apartments Limited is a dissolved company that was located in poole, BH12 1JY with a Companies House number of 10509301. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2016, it's largest shareholder was ad group ltd with a 100% stake. The last turnover for Ade Apartments Limited was estimated at £545.4k.
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Ade Apartments Limited Health Check
Pomanda's financial health check has awarded Ade Apartments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £545.4k, make it smaller than the average company (£763k)
- Ade Apartments Limited
£763k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (0.9%)
- Ade Apartments Limited
0.9% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (68.4%)
- Ade Apartments Limited
68.4% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (35.4%)
- Ade Apartments Limited
35.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Ade Apartments Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)
- Ade Apartments Limited
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £272.7k, this is more efficient (£155.5k)
- Ade Apartments Limited
£155.5k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (37 days)
- Ade Apartments Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (39 days)
- Ade Apartments Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ade Apartments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ade Apartments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (69.4%)
105.7% - Ade Apartments Limited
69.4% - Industry AVG
ADE APARTMENTS LIMITED financials
Ade Apartments Limited's latest turnover from December 2021 is estimated at £545.4 thousand and the company has net assets of -£11.1 thousand. According to their latest financial statements, Ade Apartments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 355,487 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 355,487 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 193,345 | 191,378 | 904,603 | 355,521 | 2 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 193,345 | 191,378 | 904,603 | 355,521 | 2 |
| total assets | 193,345 | 191,378 | 904,603 | 711,008 | 2 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 198,107 | 190,532 | 566,487 | 359,586 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 198,107 | 190,532 | 566,487 | 359,586 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,300 | 800 | 800 | 800 | 0 |
| other liabilities | 0 | 0 | 364,000 | 360,033 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,300 | 800 | 364,800 | 360,833 | 0 |
| total liabilities | 204,407 | 191,332 | 931,287 | 720,419 | 0 |
| net assets | -11,062 | 46 | -26,684 | -9,411 | 2 |
| total shareholders funds | -11,062 | 46 | -26,684 | -9,411 | 2 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,967 | -713,225 | 549,082 | 355,519 | 2 |
| Creditors | 7,575 | -375,955 | 206,901 | 359,586 | 0 |
| Accruals and Deferred Income | 5,500 | 0 | 0 | 800 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -364,000 | 3,967 | 360,033 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
ade apartments limited Credit Report and Business Information
Ade Apartments Limited Competitor Analysis
Perform a competitor analysis for ade apartments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in BH12 area or any other competitors across 12 key performance metrics.
ade apartments limited Ownership
ADE APARTMENTS LIMITED group structure
Ade Apartments Limited has no subsidiary companies.
ade apartments limited directors
Ade Apartments Limited currently has 2 directors. The longest serving directors include Mr Arpan Patel (Dec 2016) and Miss Dipan Patel (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arpan Patel | England | 42 years | Dec 2016 | - | Director |
| Miss Dipan Patel | England | 41 years | Mar 2018 | - | Director |
P&L
December 2021turnover
545.4k
-11%
operating profit
-11.1k
0%
gross margin
23.9%
-1.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-11.1k
-241.48%
total assets
193.3k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
ade apartments limited company details
company number
10509301
Type
Private limited with Share Capital
industry
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
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
-
address
unit 3, vista place, ingworth road, poole, BH12 1JY
Bank
-
Legal Advisor
-
ade apartments 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 did not find charges/mortgages relating to ade apartments limited.
ade apartments 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.
Click to start generating capital raising & share issue transactions for ADE APARTMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
ade apartments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
