avocet 66 limited

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avocet 66 limited Company Information

Share AVOCET 66 LIMITED

Company Number

10810125

Shareholders

dr jonathan simon milner & roza gournaris-milner

jonathan simon milner

Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

66 lincoln's inn fields, london, WC2A 3LH

Website

-

avocet 66 limited Estimated Valuation

£472.8k

Pomanda estimates the enterprise value of AVOCET 66 LIMITED at £472.8k based on a Turnover of £426.3k and 1.11x industry multiple (adjusted for size and gross margin).

avocet 66 limited Estimated Valuation

£23.3m

Pomanda estimates the enterprise value of AVOCET 66 LIMITED at £23.3m based on an EBITDA of £5.8m and a 4.02x industry multiple (adjusted for size and gross margin).

avocet 66 limited Estimated Valuation

£6m

Pomanda estimates the enterprise value of AVOCET 66 LIMITED at £6m based on Net Assets of £4.9m and 1.23x industry multiple (adjusted for liquidity).

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Avocet 66 Limited Overview

Avocet 66 Limited is a live company located in london, WC2A 3LH with a Companies House number of 10810125. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2017, it's largest shareholder is dr jonathan simon milner & roza gournaris-milner with a 99.8% stake. Avocet 66 Limited is a young, micro sized company, Pomanda has estimated its turnover at £426.3k with healthy growth in recent years.

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Avocet 66 Limited Health Check

Pomanda's financial health check has awarded Avocet 66 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £426.3k, make it smaller than the average company (£5.1m)

£426.3k - Avocet 66 Limited

£5.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.8%)

4% - Avocet 66 Limited

6.8% - Industry AVG

production

Production

with a gross margin of 56.1%, this company has a comparable cost of product (56.1%)

56.1% - Avocet 66 Limited

56.1% - Industry AVG

profitability

Profitability

an operating margin of 1357.1% make it more profitable than the average company (9.4%)

1357.1% - Avocet 66 Limited

9.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (12)

2 - Avocet 66 Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.4k, the company has an equivalent pay structure (£79.4k)

£79.4k - Avocet 66 Limited

£79.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £213.2k, this is equally as efficient (£213.2k)

£213.2k - Avocet 66 Limited

£213.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Avocet 66 Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Avocet 66 Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Avocet 66 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 (28 weeks)

11 weeks - Avocet 66 Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.8%, this is a similar level of debt than the average (69.3%)

62.8% - Avocet 66 Limited

69.3% - Industry AVG

AVOCET 66 LIMITED financials

EXPORTms excel logo

Avocet 66 Limited's latest turnover from March 2024 is estimated at £426.3 thousand and the company has net assets of £4.9 million. According to their latest financial statements, Avocet 66 Limited has 2 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover426,344399,181412,815374,657388,858386,623384,830
Other Income Or Grants
Cost Of Sales187,163166,192163,010148,790150,096154,077153,963
Gross Profit239,181232,989249,806225,867238,762232,546230,867
Admin Expenses-5,546,8882,216,521319,235-1,795,674101,275920,403-1,605,184
Operating Profit5,786,069-1,983,532-69,4292,021,541137,487-687,8571,836,051
Interest Payable151323151
Interest Receivable47,6431,093527101112613113
Pre-Tax Profit5,833,712-1,982,439-68,9022,021,642137,448-687,5671,836,014
Tax-1,458,428-384,112-26,115-348,843
Profit After Tax4,375,284-1,982,439-68,9021,637,530111,333-687,5671,487,171
Dividends Paid
Retained Profit4,375,284-1,982,439-68,9021,637,530111,333-687,5671,487,171
Employee Costs158,784147,793146,454137,311138,327136,665131,636
Number Of Employees2222222
EBITDA*5,786,069-1,983,532-69,4292,021,541137,487-687,8571,836,051

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets
Intangible Assets
Investments & Other7,194,0759,154,6989,194,3577,555,1047,502,2258,189,653
Debtors (Due After 1 year)
Total Fixed Assets7,194,0759,154,6989,194,3577,555,1047,502,2258,189,653
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors22,606
Cash1,807,6697,31044,14396,358105,828118,18845,389
misc current assets11,297,339
total current assets13,105,0087,31044,14396,358105,828118,18867,995
total assets13,105,0087,201,3859,198,8419,290,7157,660,9327,620,4138,257,648
Bank overdraft4,9364,634
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities8,096,0786,703,2566,718,2736,741,2456,748,9926,814,8706,764,840
total current liabilities8,096,0786,703,2566,718,2736,741,2456,748,9926,819,8066,769,474
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions135,517
total long term liabilities135,517
total liabilities8,231,5956,703,2566,718,2736,741,2456,748,9926,819,8066,769,474
net assets4,873,413498,1292,480,5682,549,470911,940800,6071,488,174
total shareholders funds4,873,413498,1292,480,5682,549,470911,940800,6071,488,174
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit5,786,069-1,983,532-69,4292,021,541137,487-687,8571,836,051
Depreciation
Amortisation
Tax-1,458,428-384,112-26,115-348,843
Stock
Debtors-22,60622,606
Creditors
Accruals and Deferred Income1,392,822-15,017-22,972-7,747-65,87850,0306,764,840
Deferred Taxes & Provisions135,517
Cash flow from operations5,855,980-1,998,549-92,4011,629,68245,494-615,2218,229,442
Investing Activities
capital expenditure
Change in Investments-7,194,075-1,960,623-39,6591,639,25352,879-687,4288,189,653
cash flow from investments7,194,0751,960,62339,659-1,639,253-52,879687,428-8,189,653
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,003
interest47,6431,093527101-39290-38
cash flow from financing47,6431,093527101-39290965
cash and cash equivalents
cash1,800,359-36,833-52,215-9,470-12,36072,79945,389
overdraft-4,9363024,634
change in cash1,800,359-36,833-52,215-9,470-7,42472,49740,755

avocet 66 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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Avocet 66 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for avocet 66 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.

avocet 66 limited Ownership

AVOCET 66 LIMITED group structure

Avocet 66 Limited has no subsidiary companies.

Ultimate parent company

AVOCET 66 LIMITED

10810125

AVOCET 66 LIMITED Shareholders

dr jonathan simon milner & roza gournaris-milner 99.8%
jonathan simon milner 0.2%

avocet 66 limited directors

Avocet 66 Limited currently has 2 directors. The longest serving directors include Mrs Roza Gounari (Jun 2017) and Dr Jonathan Milner (Jun 2017).

officercountryagestartendrole
Mrs Roza GounariUnited Kingdom56 years Jun 2017- Director
Dr Jonathan MilnerUnited Kingdom60 years Jun 2017- Director

P&L

March 2024

turnover

426.3k

+7%

operating profit

5.8m

0%

gross margin

56.2%

-3.88%

turnover

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

Balance Sheet

March 2024

net assets

4.9m

+8.78%

total assets

13.1m

+0.82%

cash

1.8m

+246.29%

net assets

Total assets minus all liabilities

avocet 66 limited company details

company number

10810125

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

June 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

66 lincoln's inn fields, london, WC2A 3LH

Bank

-

Legal Advisor

-

avocet 66 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 avocet 66 limited.

avocet 66 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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avocet 66 limited Companies House Filings - See Documents

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