atlantida development ltd
atlantida development ltd Company Information
Company Number
10959172
Next Accounts
120 days late
Industry
Development of building projects
Directors
Shareholders
alexey veshchikov
Group Structure
View All
Contact
Registered Address
146 nether street, london, N3 1PG
Website
-atlantida development ltd Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIDA DEVELOPMENT LTD at £3.9m based on a Turnover of £6.6m and 0.58x industry multiple (adjusted for size and gross margin).
atlantida development ltd Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIDA DEVELOPMENT LTD at £0 based on an EBITDA of £-1.6m and a 4.23x industry multiple (adjusted for size and gross margin).
atlantida development ltd Estimated Valuation
Pomanda estimates the enterprise value of ATLANTIDA DEVELOPMENT LTD at £0 based on Net Assets of £-1.6m and 1.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Atlantida Development Ltd Overview
Atlantida Development Ltd is a live company located in london, N3 1PG with a Companies House number of 10959172. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2017, it's largest shareholder is alexey veshchikov with a 100% stake. Atlantida Development Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.6m with rapid growth in recent years.
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Atlantida Development Ltd Health Check
Pomanda's financial health check has awarded Atlantida Development Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £6.6m, make it larger than the average company (£2.2m)
- Atlantida Development Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 141%, show it is growing at a faster rate (1.8%)
- Atlantida Development Ltd
1.8% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Atlantida Development Ltd
26.6% - Industry AVG
Profitability
an operating margin of -24.6% make it less profitable than the average company (9.8%)
- Atlantida Development Ltd
9.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (7)
4 - Atlantida Development Ltd
7 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Atlantida Development Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£278.5k)
- Atlantida Development Ltd
£278.5k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (30 days)
- Atlantida Development Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (30 days)
- Atlantida Development Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Atlantida Development Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (13 weeks)
16 weeks - Atlantida Development Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 209.4%, this is a higher level of debt than the average (74.2%)
209.4% - Atlantida Development Ltd
74.2% - Industry AVG
ATLANTIDA DEVELOPMENT LTD financials
Atlantida Development Ltd's latest turnover from December 2022 is estimated at £6.6 million and the company has net assets of -£1.6 million. According to their latest financial statements, Atlantida Development Ltd has 4 employees and maintains cash reserves of £127.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 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 | 4 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 95,398 | 138,215 | 97,953 | 25,047 | 32,225 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 4,000 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 99,398 | 138,215 | 97,953 | 25,047 | 32,225 |
| Stock & work in progress | 0 | 371,186 | 0 | 0 | 0 |
| Trade Debtors | 1,234,894 | 1,097,994 | 658,692 | 31,000 | 357,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 39,193 | 100,094 | 0 | 0 | 0 |
| Cash | 127,701 | 8,742 | 344,158 | 7,076 | 22,268 |
| misc current assets | 579 | 0 | 0 | 36,888 | 0 |
| total current assets | 1,402,367 | 1,578,016 | 1,002,850 | 74,964 | 379,410 |
| total assets | 1,501,765 | 1,716,231 | 1,100,803 | 100,011 | 411,635 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 266,993 | 159,937 | 163,106 | 13,106 | 345,500 |
| Group/Directors Accounts | 0 | 1,122 | 1,122 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 124,985 | 40,321 | 223,853 | 2,380 | 0 |
| total current liabilities | 391,978 | 201,380 | 388,081 | 15,486 | 345,500 |
| loans | 352,166 | 0 | 20,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,401,047 | 1,521,789 | 496,899 | 491,179 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,753,213 | 1,521,789 | 516,899 | 491,179 | 0 |
| total liabilities | 3,145,191 | 1,723,169 | 904,980 | 506,665 | 345,500 |
| net assets | -1,643,426 | -6,938 | 195,823 | -406,654 | 66,135 |
| total shareholders funds | -1,643,426 | -6,938 | 195,823 | -406,654 | 66,135 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 44,065 | 44,064 | 27,199 | 7,178 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -371,186 | 371,186 | 0 | 0 | 0 |
| Debtors | 79,999 | 539,396 | 627,692 | -326,142 | 357,142 |
| Creditors | 107,056 | -3,169 | 150,000 | -332,394 | 345,500 |
| Accruals and Deferred Income | 84,664 | -183,532 | 221,473 | 2,380 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,122 | 0 | 1,122 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 352,166 | -20,000 | 20,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 879,258 | 1,024,890 | 5,720 | 491,179 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 118,959 | -335,416 | 337,082 | -15,192 | 22,268 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 118,959 | -335,416 | 337,082 | -15,192 | 22,268 |
atlantida development ltd Credit Report and Business Information
Atlantida Development Ltd Competitor Analysis
Perform a competitor analysis for atlantida development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in N 3 area or any other competitors across 12 key performance metrics.
atlantida development ltd Ownership
ATLANTIDA DEVELOPMENT LTD group structure
Atlantida Development Ltd has no subsidiary companies.
Ultimate parent company
ATLANTIDA DEVELOPMENT LTD
10959172
atlantida development ltd directors
Atlantida Development Ltd currently has 1 director, Mrs Alena Kanapelkina serving since Mar 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Alena Kanapelkina | 36 years | Mar 2024 | - | Director |
P&L
December 2022turnover
6.6m
+40%
operating profit
-1.6m
0%
gross margin
26.7%
+5.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-1.6m
+235.87%
total assets
1.5m
-0.12%
cash
127.7k
+13.61%
net assets
Total assets minus all liabilities
atlantida development ltd company details
company number
10959172
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
Q ACCOUNTANTS LTD
auditor
-
address
146 nether street, london, N3 1PG
Bank
-
Legal Advisor
-
atlantida development ltd 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 atlantida development ltd.
atlantida development ltd 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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atlantida development ltd Companies House Filings - See Documents
| date | description | view/download |
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