artemis adjusting limited

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artemis adjusting limited Company Information

Share ARTEMIS ADJUSTING LIMITED

Company Number

10560954

Directors

Stuart Trood

Jack Davies

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Shareholders

artemis group holdings limited

Group Structure

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Industry

Other activities auxiliary to insurance and pension funding

 

Registered Address

3 harrowden road, northampton, NN4 7EB

artemis adjusting limited Estimated Valuation

£9.1m

Pomanda estimates the enterprise value of ARTEMIS ADJUSTING LIMITED at £9.1m based on a Turnover of £8.8m and 1.03x industry multiple (adjusted for size and gross margin).

artemis adjusting limited Estimated Valuation

£9.4m

Pomanda estimates the enterprise value of ARTEMIS ADJUSTING LIMITED at £9.4m based on an EBITDA of £1.6m and a 5.92x industry multiple (adjusted for size and gross margin).

artemis adjusting limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of ARTEMIS ADJUSTING LIMITED at £4.4m based on Net Assets of £2.1m and 2.1x industry multiple (adjusted for liquidity).

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Artemis Adjusting Limited Overview

Artemis Adjusting Limited is a live company located in northampton, NN4 7EB with a Companies House number of 10560954. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in January 2017, it's largest shareholder is artemis group holdings limited with a 100% stake. Artemis Adjusting Limited is a young, mid sized company, Pomanda has estimated its turnover at £8.8m with rapid growth in recent years.

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Artemis Adjusting Limited Health Check

Pomanda's financial health check has awarded Artemis Adjusting Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

1 Weak

size

Size

annual sales of £8.8m, make it larger than the average company (£1.9m)

£8.8m - Artemis Adjusting Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 82%, show it is growing at a faster rate (8.7%)

82% - Artemis Adjusting Limited

8.7% - Industry AVG

production

Production

with a gross margin of 100%, this company has a comparable cost of product (100%)

100% - Artemis Adjusting Limited

100% - Industry AVG

profitability

Profitability

an operating margin of 17.6% make it more profitable than the average company (10.4%)

17.6% - Artemis Adjusting Limited

10.4% - Industry AVG

employees

Employees

with 72 employees, this is above the industry average (9)

72 - Artemis Adjusting Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.2k, the company has an equivalent pay structure (£63.2k)

£63.2k - Artemis Adjusting Limited

£63.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £122.5k, this is equally as efficient (£124k)

£122.5k - Artemis Adjusting Limited

£124k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (48 days)

48 days - Artemis Adjusting Limited

48 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Artemis Adjusting Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Artemis Adjusting Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (40 weeks)

11 weeks - Artemis Adjusting Limited

40 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (54.8%)

46.2% - Artemis Adjusting Limited

54.8% - Industry AVG

ARTEMIS ADJUSTING LIMITED financials

EXPORTms excel logo

Artemis Adjusting Limited's latest turnover from September 2024 is estimated at £8.8 million and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Artemis Adjusting Limited has 72 employees and maintains cash reserves of £414.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Jan 2019Jan 2018
Turnover8,819,4586,140,4492,029,1791,458,438761,542992,283593,617130,576
Other Income Or Grants00000000
Cost Of Sales00000000
Gross Profit8,819,4586,140,4492,029,1791,458,438761,542992,283593,617130,576
Admin Expenses7,265,0325,078,3251,966,4211,391,209741,904965,655586,059134,763
Operating Profit1,554,4261,062,12462,75867,22919,63826,6287,558-4,187
Interest Payable00000000
Interest Receivable14,9025,4806505337000
Pre-Tax Profit1,569,3281,067,60463,40767,28119,67526,6287,558-4,187
Tax-392,332-266,901-12,047-12,783-3,738-5,059-1,4360
Profit After Tax1,176,996800,70351,36054,49815,93721,5696,122-4,187
Dividends Paid00000000
Retained Profit1,176,996800,70351,36054,49815,93721,5696,122-4,187
Employee Costs4,549,5392,910,824104,54495,339147,37893,984188,29189,030
Number Of Employees7252223242
EBITDA*1,594,6351,096,50276,51467,22919,63826,6287,558-4,187

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Jan 2019Jan 2018
Tangible Assets235,70789,37880,5680001,9542,278
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets235,70789,37880,5680001,9542,278
Stock & work in progress1,020,125651,789282,265216,550168,267000
Trade Debtors1,165,630830,541627,557449,339240,341301,890122,29810,160
Group Debtors508,831524,947529,317618,366385,328000
Misc Debtors589,689529,803422,45425,07858,443000
Cash414,922181,16027,60830,13774,967000
misc current assets00000000
total current assets3,699,1972,718,2401,889,2011,339,470927,346301,890122,29810,160
total assets3,934,9042,807,6181,969,7691,339,470927,346301,890124,25212,438
Bank overdraft00000000
Bank loan00000000
Trade Creditors 902,853751,501746,203532,562385,606172,00856,91216,625
Group/Directors Accounts00283,890480,351148,196000
other short term finances00000000
hp & lease commitments27,40727,40727,40712,62110,463000
other current liabilities868,8081,010,748643,079140,317225,491000
total current liabilities1,799,0681,789,6561,700,5791,165,851769,756172,00856,91216,625
loans00000000
hp & lease commitments6,55944,71672,1249,86918,338000
Accruals and Deferred Income00000000
other liabilities12,30133,26657,78975,833105,833112,50065,4050
provisions00000000
total long term liabilities18,86077,982129,91385,702124,171112,50065,4050
total liabilities1,817,9281,867,6381,830,4921,251,553893,927284,508122,31716,625
net assets2,116,976939,980139,27787,91733,41917,3821,935-4,187
total shareholders funds2,116,976939,980139,27787,91733,41917,3821,935-4,187
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Jan 2019Jan 2018
Operating Activities
Operating Profit1,554,4261,062,12462,75867,22919,63826,6287,558-4,187
Depreciation40,20934,37813,75600000
Amortisation00000000
Tax-392,332-266,901-12,047-12,783-3,738-5,059-1,4360
Stock368,336369,52465,71548,283168,267000
Debtors378,859305,963486,545408,671382,222291,730112,13810,160
Creditors151,3525,298213,641146,956213,598155,38340,28716,625
Accruals and Deferred Income-141,940367,669502,762-85,174225,491000
Deferred Taxes & Provisions00000000
Cash flow from operations464,520527,081228,610-340,726-95,500-114,778-65,7292,278
Investing Activities
capital expenditure-186,538-43,188-94,324002,278324-2,278
Change in Investments00000000
cash flow from investments-186,538-43,188-94,324002,278324-2,278
Financing Activities
Bank loans00000000
Group/Directors Accounts0-283,890-196,461332,155148,196000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments-38,157-27,40877,041-6,31128,801000
other long term liabilities-20,965-24,523-18,044-30,000-6,667112,50065,4050
share issue0000100000
interest14,9025,4806505337000
cash flow from financing-44,220-330,341-136,814295,897170,467112,50065,4050
cash and cash equivalents
cash233,762153,552-2,529-44,83074,967000
overdraft00000000
change in cash233,762153,552-2,529-44,83074,967000

artemis adjusting limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Artemis Adjusting Limited Competitor Analysis

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Perform a competitor analysis for artemis adjusting limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NN4 area or any other competitors across 12 key performance metrics.

artemis adjusting limited Ownership

ARTEMIS ADJUSTING LIMITED group structure

Artemis Adjusting Limited has no subsidiary companies.

Ultimate parent company

1 parent

ARTEMIS ADJUSTING LIMITED

10560954

ARTEMIS ADJUSTING LIMITED Shareholders

artemis group holdings limited 100%

artemis adjusting limited directors

Artemis Adjusting Limited currently has 4 directors. The longest serving directors include Mr Stuart Trood (Aug 2019) and Mr Jack Davies (Oct 2019).

officercountryagestartendrole
Mr Stuart TroodEngland57 years Aug 2019- Director
Mr Jack DaviesUnited Kingdom32 years Oct 2019- Director
Mrs Julia HewettUnited Kingdom62 years Feb 2023- Director
Mr Mark LivingstoneUnited Kingdom58 years Feb 2023- Director

P&L

September 2024

turnover

8.8m

+44%

operating profit

1.6m

0%

gross margin

100%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2024

net assets

2.1m

+1.25%

total assets

3.9m

+0.4%

cash

414.9k

+1.29%

net assets

Total assets minus all liabilities

artemis adjusting limited company details

company number

10560954

Type

Private limited with Share Capital

industry

66290 - Other activities auxiliary to insurance and pension funding

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

lsr adjusting limited (September 2019)

accountant

HARRIS & CO

auditor

-

address

3 harrowden road, northampton, NN4 7EB

Bank

-

Legal Advisor

-

artemis adjusting 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 artemis adjusting limited. Currently there are 0 open charges and 1 have been satisfied in the past.

artemis adjusting 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 ARTEMIS ADJUSTING LIMITED. This can take several minutes, an email will notify you when this has completed.

artemis adjusting limited Companies House Filings - See Documents

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