area storage limited
area storage limited Company Information
Company Number
10887981
Website
www.areastorage.comRegistered Address
pembroke lodge 3 pembroke road, ruislip, HA4 8NQ
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
September 2024
Group Structure
View All
Directors
Mark Smith7 Years
Shareholders
mark smith 100%
area storage limited Estimated Valuation
Pomanda estimates the enterprise value of AREA STORAGE LIMITED at £202.4k based on a Turnover of £91.1k and 2.22x industry multiple (adjusted for size and gross margin).
area storage limited Estimated Valuation
Pomanda estimates the enterprise value of AREA STORAGE LIMITED at £3.7k based on an EBITDA of £798 and a 4.69x industry multiple (adjusted for size and gross margin).
area storage limited Estimated Valuation
Pomanda estimates the enterprise value of AREA STORAGE LIMITED at £0 based on Net Assets of £-4k and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Area Storage Limited Overview
Area Storage Limited is a dissolved company that was located in ruislip, HA4 8NQ with a Companies House number of 10887981. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2017, it's largest shareholder was mark smith with a 100% stake. The last turnover for Area Storage Limited was estimated at £91.1k.
Upgrade for unlimited company reports & a free credit check
Area Storage Limited Health Check
Pomanda's financial health check has awarded Area Storage Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £91.1k, make it smaller than the average company (£657.5k)
- Area Storage Limited
£657.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 120%, show it is growing at a faster rate (1.1%)
- Area Storage Limited
1.1% - Industry AVG
Production
with a gross margin of 27%, this company has a higher cost of product (70.2%)
- Area Storage Limited
70.2% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (36.2%)
- Area Storage Limited
36.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Area Storage Limited
4 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Area Storage Limited
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £91.1k, this is less efficient (£136.6k)
- Area Storage Limited
£136.6k - Industry AVG
Debtor Days
it gets paid by customers after 107 days, this is later than average (36 days)
- Area Storage Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 194 days, this is slower than average (43 days)
- Area Storage Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Area Storage Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Area Storage Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.8%, this is a higher level of debt than the average (66%)
112.8% - Area Storage Limited
66% - Industry AVG
AREA STORAGE LIMITED financials
Area Storage Limited's latest turnover from July 2021 is estimated at £91.1 thousand and the company has net assets of -£4 thousand. According to their latest financial statements, Area Storage Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|
| Tangible Assets | 4,583 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,583 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,819 | 21,488 | 7,120 | 905 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 26,819 | 21,488 | 7,120 | 905 |
| total assets | 31,402 | 21,488 | 7,120 | 905 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,410 | 26,143 | 15,641 | 17,414 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 35,410 | 26,143 | 15,641 | 17,414 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 35,410 | 26,143 | 15,641 | 17,414 |
| net assets | -4,008 | -4,655 | -8,521 | -16,509 |
| total shareholders funds | -4,008 | -4,655 | -8,521 | -16,509 |
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 5,331 | 14,368 | 6,215 | 905 |
| Creditors | 9,267 | 10,502 | -1,773 | 17,414 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
area storage limited Credit Report and Business Information
Area Storage Limited Competitor Analysis
Perform a competitor analysis for area storage limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in HA4 area or any other competitors across 12 key performance metrics.
area storage limited Ownership
AREA STORAGE LIMITED group structure
Area Storage Limited has no subsidiary companies.
Ultimate parent company
AREA STORAGE LIMITED
10887981
area storage limited directors
Area Storage Limited currently has 1 director, Mr Mark Smith serving since Jul 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Smith | United Kingdom | 61 years | Jul 2017 | - | Director |
P&L
July 2021turnover
91.1k
+9%
operating profit
798.8
0%
gross margin
27.1%
-7.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2021net assets
-4k
-0.14%
total assets
31.4k
+0.46%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
area storage limited company details
company number
10887981
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
July 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2021
address
pembroke lodge 3 pembroke road, ruislip, HA4 8NQ
accountant
-
auditor
-
area storage 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 area storage limited.
area storage limited Companies House Filings - See Documents
| date | description | view/download |
|---|
