addsecurity ltd
addsecurity ltd Company Information
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
54 brownell place, ealing, london, W7 3AZ
Website
-addsecurity ltd Estimated Valuation
Pomanda estimates the enterprise value of ADDSECURITY LTD at £48.7k based on a Turnover of £94.2k and 0.52x industry multiple (adjusted for size and gross margin).
addsecurity ltd Estimated Valuation
Pomanda estimates the enterprise value of ADDSECURITY LTD at £5.5k based on an EBITDA of £1.6k and a 3.52x industry multiple (adjusted for size and gross margin).
addsecurity ltd Estimated Valuation
Pomanda estimates the enterprise value of ADDSECURITY LTD at £4k based on Net Assets of £1.8k and 2.25x industry multiple (adjusted for liquidity).
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Addsecurity Ltd Overview
Addsecurity Ltd is a dissolved company that was located in london, W7 3AZ with a Companies House number of 10991196. It operated in the other information technology service activities sector, SIC Code 62090. Founded in October 2017, it's largest shareholder was alan downey with a 100% stake. The last turnover for Addsecurity Ltd was estimated at £94.2k.
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Addsecurity Ltd Health Check
Pomanda's financial health check has awarded Addsecurity Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £94.2k, make it smaller than the average company (£4.8m)
- Addsecurity Ltd
£4.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Addsecurity Ltd
- - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (50.7%)
- Addsecurity Ltd
50.7% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (4.5%)
- Addsecurity Ltd
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (33)
1 - Addsecurity Ltd
33 - Industry AVG
Pay Structure
on an average salary of £60k, the company has an equivalent pay structure (£60k)
- Addsecurity Ltd
£60k - Industry AVG
Efficiency
resulting in sales per employee of £94.2k, this is less efficient (£153.6k)
- Addsecurity Ltd
£153.6k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is later than average (55 days)
- Addsecurity Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (38 days)
- Addsecurity Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Addsecurity Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Addsecurity Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (61.8%)
93.8% - Addsecurity Ltd
61.8% - Industry AVG
ADDSECURITY LTD financials
Addsecurity Ltd's latest turnover from October 2020 is estimated at £94.2 thousand and the company has net assets of £1.8 thousand. According to their latest financial statements, Addsecurity Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2020 | Oct 2019 | Oct 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
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 28,611 | 26,524 | 18,795 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 28,611 | 26,524 | 18,795 |
| total assets | 28,611 | 26,524 | 18,795 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 26,840 | 26,012 | 16,244 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 26,840 | 26,012 | 16,244 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 26,840 | 26,012 | 16,244 |
| net assets | 1,771 | 512 | 2,551 |
| total shareholders funds | 1,771 | 512 | 2,551 |
| Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 2,087 | 7,729 | 18,795 |
| Creditors | 828 | 9,768 | 16,244 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| 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 | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
addsecurity ltd Credit Report and Business Information
Addsecurity Ltd Competitor Analysis
Perform a competitor analysis for addsecurity ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other undefined companies, companies in W 7 area or any other competitors across 12 key performance metrics.
addsecurity ltd Ownership
ADDSECURITY LTD group structure
Addsecurity Ltd has no subsidiary companies.
Ultimate parent company
ADDSECURITY LTD
10991196
addsecurity ltd directors
Addsecurity Ltd currently has 2 directors. The longest serving directors include Mr Alan Downey (Oct 2017) and Ms Fiona Cassidy (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Downey | United Kingdom | 70 years | Oct 2017 | - | Director |
| Ms Fiona Cassidy | United Kingdom | 62 years | Oct 2018 | - | Director |
P&L
October 2020turnover
94.2k
+4%
operating profit
1.6k
0%
gross margin
23.9%
-0.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2020net assets
1.8k
+2.46%
total assets
28.6k
+0.08%
cash
0
0%
net assets
Total assets minus all liabilities
addsecurity ltd company details
company number
10991196
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2020
previous names
N/A
accountant
-
auditor
-
address
54 brownell place, ealing, london, W7 3AZ
Bank
-
Legal Advisor
-
addsecurity 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 addsecurity ltd.
addsecurity 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.
Click to start generating capital raising & share issue transactions for ADDSECURITY LTD. This can take several minutes, an email will notify you when this has completed.
addsecurity ltd Companies House Filings - See Documents
| date | description | view/download |
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