office art limited

Dissolved 

office art limited Company Information

Share OFFICE ART LIMITED

Company Number

10648893

Shareholders

barrington loines

Group Structure

View All

Industry

Operation of arts facilities

 

Registered Address

46 tanners drive tanners drive, blakelands, milton keynes, bucks, MK14 5BN

office art limited Estimated Valuation

£2.6k

Pomanda estimates the enterprise value of OFFICE ART LIMITED at £2.6k based on a Turnover of £5.8k and 0.44x industry multiple (adjusted for size and gross margin).

office art limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OFFICE ART LIMITED at £0 based on an EBITDA of £-1.9k and a 5.39x industry multiple (adjusted for size and gross margin).

office art limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OFFICE ART LIMITED at £0 based on Net Assets of £-2k and 0.95x industry multiple (adjusted for liquidity).

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Office Art Limited Overview

Office Art Limited is a dissolved company that was located in milton keynes, MK14 5BN with a Companies House number of 10648893. It operated in the operation of arts facilities sector, SIC Code 90040. Founded in March 2017, it's largest shareholder was barrington loines with a 100% stake. The last turnover for Office Art Limited was estimated at £5.8k.

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Office Art Limited Health Check

Pomanda's financial health check has awarded Office Art Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £5.8k, make it smaller than the average company (£456.9k)

£5.8k - Office Art Limited

£456.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (-1.8%)

-28% - Office Art Limited

-1.8% - Industry AVG

production

Production

with a gross margin of 28.2%, this company has a higher cost of product (64.3%)

28.2% - Office Art Limited

64.3% - Industry AVG

profitability

Profitability

an operating margin of -33.4% make it less profitable than the average company (1.3%)

-33.4% - Office Art Limited

1.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Office Art Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)

£19.7k - Office Art Limited

£19.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.8k, this is less efficient (£47.5k)

£5.8k - Office Art Limited

£47.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is later than average (7 days)

87 days - Office Art Limited

7 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 299 days, this is slower than average (46 days)

299 days - Office Art Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Office Art Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Office Art Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 244.9%, this is a higher level of debt than the average (19.5%)

244.9% - Office Art Limited

19.5% - Industry AVG

OFFICE ART LIMITED financials

EXPORTms excel logo

Office Art Limited's latest turnover from March 2022 is £5.8 thousand and the company has net assets of -£2 thousand. According to their latest financial statements, we estimate that Office Art Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Feb 2020Feb 2019Feb 2018
Turnover5,7847,00083315,33128,019
Other Income Or Grants
Cost Of Sales4,1565,54563910,06217,943
Gross Profit1,6281,4551945,27010,075
Admin Expenses3,562-2,1492,4746,8708,982
Operating Profit-1,9343,604-2,280-1,6001,093
Interest Payable
Interest Receivable
Pre-Tax Profit-1,9342,919-2,280-1,6001,093
Tax-208
Profit After Tax-1,9342,919-2,280-1,600885
Dividends Paid
Retained Profit-1,9342,919-2,280-1,600885
Employee Costs19,69219,04018,48619,109
Number Of Employees11111
EBITDA*-1,9343,604-2,280-1,6001,093

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Feb 2020Feb 2019Feb 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors1,3919,5132631,3662,316
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets1,3919,5132631,3662,316
total assets1,3919,5132631,3662,316
Bank overdraft
Bank loan
Trade Creditors 3,4075,2401,7161,0511,431
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities3,4075,2401,7161,0511,431
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities4,3578271,030
provisions
total long term liabilities4,3578271,030
total liabilities3,4079,5972,5432,0811,431
net assets-2,016-84-2,280-715885
total shareholders funds-2,016-84-2,280-715885
Mar 2022Mar 2021Feb 2020Feb 2019Feb 2018
Operating Activities
Operating Profit-1,9343,604-2,280-1,6001,093
Depreciation
Amortisation
Tax-208
Stock
Debtors-8,1229,250-1,103-9502,316
Creditors-1,8333,524665-3801,431
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations4,355-2,122-512-1,030
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-4,3573,530-2031,030
share issue2-723715
interest
cash flow from financing-4,3552,8075121,030
cash and cash equivalents
cash
overdraft
change in cash

office art 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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Office Art Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for office art limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in MK14 area or any other competitors across 12 key performance metrics.

office art limited Ownership

OFFICE ART LIMITED group structure

Office Art Limited has no subsidiary companies.

Ultimate parent company

OFFICE ART LIMITED

10648893

OFFICE ART LIMITED Shareholders

barrington loines 100%

office art limited directors

Office Art Limited currently has 1 director, Mr Barrington Loines serving since Mar 2017.

officercountryagestartendrole
Mr Barrington LoinesUnited Kingdom64 years Mar 2017- Director

P&L

March 2022

turnover

5.8k

-17%

operating profit

-1.9k

0%

gross margin

28.2%

+35.47%

turnover

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

Balance Sheet

March 2022

net assets

-2k

+23%

total assets

1.4k

-0.85%

cash

0

0%

net assets

Total assets minus all liabilities

office art limited company details

company number

10648893

Type

Private limited with Share Capital

industry

90040 - Operation of arts facilities

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2022

previous names

N/A

accountant

-

auditor

-

address

46 tanners drive tanners drive, blakelands, milton keynes, bucks, MK14 5BN

Bank

-

Legal Advisor

-

office art 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 office art limited.

office art 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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office art limited Companies House Filings - See Documents

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