urn management limited
urn management limited Company Information
Company Number
10559019
Website
-Registered Address
durham workspace abbey road, pity me, durham, DH1 5JZ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Andrew Ward7 Years
Shareholders
andrew john ward 100%
urn management limited Estimated Valuation
Pomanda estimates the enterprise value of URN MANAGEMENT LIMITED at £527.5k based on a Turnover of £170k and 3.1x industry multiple (adjusted for size and gross margin).
urn management limited Estimated Valuation
Pomanda estimates the enterprise value of URN MANAGEMENT LIMITED at £1.3m based on an EBITDA of £187.9k and a 7.09x industry multiple (adjusted for size and gross margin).
urn management limited Estimated Valuation
Pomanda estimates the enterprise value of URN MANAGEMENT LIMITED at £1.1m based on Net Assets of £697.7k and 1.62x industry multiple (adjusted for liquidity).
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Urn Management Limited Overview
Urn Management Limited is a live company located in durham, DH1 5JZ with a Companies House number of 10559019. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2017, it's largest shareholder is andrew john ward with a 100% stake. Urn Management Limited is a young, micro sized company, Pomanda has estimated its turnover at £170k with declining growth in recent years.
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Urn Management Limited Health Check
Pomanda's financial health check has awarded Urn Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £170k, make it smaller than the average company (£797.5k)
- Urn Management Limited
£797.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -60%, show it is growing at a slower rate (1.9%)
- Urn Management Limited
1.9% - Industry AVG
Production
with a gross margin of 75%, this company has a comparable cost of product (75%)
- Urn Management Limited
75% - Industry AVG
Profitability
an operating margin of 101.7% make it more profitable than the average company (36.7%)
- Urn Management Limited
36.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Urn Management Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Urn Management Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £170k, this is equally as efficient (£170k)
- Urn Management Limited
£170k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Urn Management Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Urn Management Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Urn Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - Urn Management Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.6%, this is a higher level of debt than the average (63%)
87.6% - Urn Management Limited
63% - Industry AVG
URN MANAGEMENT LIMITED financials
Urn Management Limited's latest turnover from March 2023 is estimated at £170 thousand and the company has net assets of £697.7 thousand. According to their latest financial statements, Urn Management Limited has 1 employee and maintains cash reserves of £134.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 58,750 | 73,750 | 88,750 | 103,750 | 3,099,202 | 3,122,534 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,558,750 | 3,573,750 | 3,588,750 | 3,603,750 | 3,099,202 | 3,122,534 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 8,801 | 33,659 | 280,551 | 138,186 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,942,040 | 1,890,868 | 1,281,992 | 2,554 | 0 | 0 |
| Cash | 134,389 | 214,411 | 1,063,286 | 1,941,453 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,076,429 | 2,105,279 | 2,354,079 | 1,977,666 | 280,551 | 138,186 |
| total assets | 5,635,179 | 5,679,029 | 5,942,829 | 5,581,416 | 3,379,753 | 3,260,720 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 66,600 | 66,549 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 2,839,858 | 3,223,007 | 3,228,428 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,018,375 | 2,991,139 | 3,198,467 | 0 | 0 | 0 |
| total current liabilities | 3,084,975 | 3,057,688 | 3,198,467 | 2,839,858 | 3,223,007 | 3,228,428 |
| loans | 1,702,223 | 1,768,993 | 1,902,092 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 12,320 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,934,677 | 0 | 0 |
| provisions | 150,235 | 150,235 | 117,028 | 100,166 | 0 | 0 |
| total long term liabilities | 1,852,458 | 1,919,228 | 2,019,120 | 2,047,163 | 0 | 0 |
| total liabilities | 4,937,433 | 4,976,916 | 5,217,587 | 4,887,021 | 3,223,007 | 3,228,428 |
| net assets | 697,746 | 702,113 | 725,242 | 694,395 | 156,746 | 32,292 |
| total shareholders funds | 697,746 | 702,113 | 725,242 | 694,395 | 156,746 | 32,292 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 15,000 | 15,000 | 15,000 | 15,000 | ||
| Amortisation | 0 | 0 | 0 | 7,640 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 51,172 | 600,075 | 1,254,580 | -244,338 | 142,365 | 138,186 |
| Creditors | 0 | 0 | -2,839,858 | -383,149 | -5,421 | 3,228,428 |
| Accruals and Deferred Income | 27,236 | -207,328 | 3,186,147 | 12,320 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 33,207 | 16,862 | 100,166 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 3,500,000 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 51 | 66,549 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -66,770 | -133,099 | 1,902,092 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,934,677 | 1,934,677 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -80,022 | -848,875 | -878,167 | 1,941,453 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -80,022 | -848,875 | -878,167 | 1,941,453 | 0 | 0 |
urn management limited Credit Report and Business Information
Urn Management Limited Competitor Analysis
Perform a competitor analysis for urn management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DH1 area or any other competitors across 12 key performance metrics.
urn management limited Ownership
URN MANAGEMENT LIMITED group structure
Urn Management Limited has no subsidiary companies.
Ultimate parent company
URN MANAGEMENT LIMITED
10559019
urn management limited directors
Urn Management Limited currently has 1 director, Mr Andrew Ward serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Ward | United Kingdom | 51 years | Jan 2017 | - | Director |
P&L
March 2023turnover
170k
+18%
operating profit
172.9k
0%
gross margin
75.1%
+0.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
697.7k
-0.01%
total assets
5.6m
-0.01%
cash
134.4k
-0.37%
net assets
Total assets minus all liabilities
urn management limited company details
company number
10559019
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
January 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
durham workspace abbey road, pity me, durham, DH1 5JZ
accountant
EHT TAX ACCOUNTANTS LIMITED
auditor
-
urn management 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 4 charges/mortgages relating to urn management limited. Currently there are 3 open charges and 1 have been satisfied in the past.
urn management limited Companies House Filings - See Documents
| date | description | view/download |
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