unit 16 limited
unit 16 limited Company Information
Company Number
10741669
Next Accounts
11 days late
Shareholders
samuel james william ascroft
antonia elisabeth ascroft
Group Structure
View All
Industry
Operation of warehousing and storage facilities for land transport activities of division 49
Registered Address
5 ribblesdale place, preston, lancashire, PR1 8BZ
Website
-unit 16 limited Estimated Valuation
Pomanda estimates the enterprise value of UNIT 16 LIMITED at £77.3k based on a Turnover of £133.8k and 0.58x industry multiple (adjusted for size and gross margin).
unit 16 limited Estimated Valuation
Pomanda estimates the enterprise value of UNIT 16 LIMITED at £973.3k based on an EBITDA of £296.6k and a 3.28x industry multiple (adjusted for size and gross margin).
unit 16 limited Estimated Valuation
Pomanda estimates the enterprise value of UNIT 16 LIMITED at £2.1m based on Net Assets of £908.6k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Unit 16 Limited Overview
Unit 16 Limited is a live company located in lancashire, PR1 8BZ with a Companies House number of 10741669. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in April 2017, it's largest shareholder is samuel james william ascroft with a 50% stake. Unit 16 Limited is a young, micro sized company, Pomanda has estimated its turnover at £133.8k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Unit 16 Limited Health Check
Pomanda's financial health check has awarded Unit 16 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £133.8k, make it smaller than the average company (£9.2m)
- Unit 16 Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.7%)
- Unit 16 Limited
5.7% - Industry AVG
Production
with a gross margin of 37.5%, this company has a comparable cost of product (37.5%)
- Unit 16 Limited
37.5% - Industry AVG
Profitability
an operating margin of 221.3% make it more profitable than the average company (7%)
- Unit 16 Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (52)
2 - Unit 16 Limited
52 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Unit 16 Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £66.9k, this is less efficient (£151.8k)
- Unit 16 Limited
£151.8k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (49 days)
- Unit 16 Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (39 days)
- Unit 16 Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Unit 16 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Unit 16 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.4%, this is a higher level of debt than the average (54.9%)
72.4% - Unit 16 Limited
54.9% - Industry AVG
UNIT 16 LIMITED financials
Unit 16 Limited's latest turnover from April 2023 is estimated at £133.8 thousand and the company has net assets of £908.6 thousand. According to their latest financial statements, Unit 16 Limited has 2 employees and maintains cash reserves of £48.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,109 | 2,449 | 2,881 | 3,389 | 3,987 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,211,369 | 3,211,369 | 3,211,369 | 483,849 | 483,849 | 483,849 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,214,478 | 3,213,818 | 3,214,250 | 487,238 | 487,836 | 483,849 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 11,399 | 6,562 | 8,800 | 8,800 | 24,000 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 12,350 | 12,500 | 7,870 | 0 | 0 | 0 |
| Cash | 48,781 | 47,797 | 19,265 | 24,631 | 21,538 | 38,752 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 72,530 | 66,859 | 35,935 | 33,431 | 45,538 | 38,752 |
| total assets | 3,287,008 | 3,280,677 | 3,250,185 | 520,669 | 533,374 | 522,601 |
| Bank overdraft | 6,030 | 5,880 | 512 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,150 | 521 | 7,723 | 184 | 4,300 | 84 |
| 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 | 2,352,570 | 2,562,844 | 2,827,658 | 302,799 | 406,327 | 467,714 |
| total current liabilities | 2,359,750 | 2,569,245 | 2,835,893 | 302,983 | 410,627 | 467,798 |
| loans | 17,861 | 23,904 | 30,238 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 780 | 470 | 550 | 640 | 760 | 0 |
| total long term liabilities | 18,641 | 24,374 | 30,788 | 640 | 760 | 0 |
| total liabilities | 2,378,391 | 2,593,619 | 2,866,681 | 303,623 | 411,387 | 467,798 |
| net assets | 908,617 | 687,058 | 383,504 | 217,046 | 121,987 | 54,803 |
| total shareholders funds | 908,617 | 687,058 | 383,504 | 217,046 | 121,987 | 54,803 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 450 | 432 | 508 | 598 | 324 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,687 | 2,392 | 7,870 | -15,200 | 24,000 | 0 |
| Creditors | 629 | -7,202 | 7,539 | -4,116 | 4,216 | 84 |
| Accruals and Deferred Income | -210,274 | -264,814 | 2,524,859 | -103,528 | -61,387 | 467,714 |
| Deferred Taxes & Provisions | 310 | -80 | -90 | -120 | 760 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 2,727,520 | 0 | 0 | 483,849 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 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 | -6,043 | -6,334 | 30,238 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 984 | 28,532 | -5,366 | 3,093 | -17,214 | 38,752 |
| overdraft | 150 | 5,368 | 512 | 0 | 0 | 0 |
| change in cash | 834 | 23,164 | -5,878 | 3,093 | -17,214 | 38,752 |
unit 16 limited Credit Report and Business Information
Unit 16 Limited Competitor Analysis
Perform a competitor analysis for unit 16 limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in PR1 area or any other competitors across 12 key performance metrics.
unit 16 limited Ownership
UNIT 16 LIMITED group structure
Unit 16 Limited has no subsidiary companies.
Ultimate parent company
UNIT 16 LIMITED
10741669
unit 16 limited directors
Unit 16 Limited currently has 2 directors. The longest serving directors include Mr Samuel Ascroft (Apr 2017) and Ms Antonia Ascroft (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samuel Ascroft | United Kingdom | 34 years | Apr 2017 | - | Director |
| Ms Antonia Ascroft | 39 years | Apr 2017 | - | Director |
P&L
April 2023turnover
133.8k
+21%
operating profit
296.1k
0%
gross margin
37.6%
+8.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
908.6k
+0.32%
total assets
3.3m
0%
cash
48.8k
+0.02%
net assets
Total assets minus all liabilities
unit 16 limited company details
company number
10741669
Type
Private limited with Share Capital
industry
52103 - Operation of warehousing and storage facilities for land transport activities of division 49
incorporation date
April 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
5 ribblesdale place, preston, lancashire, PR1 8BZ
Bank
-
Legal Advisor
-
unit 16 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 unit 16 limited.
unit 16 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 UNIT 16 LIMITED. This can take several minutes, an email will notify you when this has completed.
unit 16 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
