artro ltd

2.5

artro ltd Company Information

Share ARTRO LTD
Dissolved 

Company Number

11309641

Registered Address

flat 2 43 horton road, london, E8 1DP

Industry

Computer consultancy activities

 

Telephone

-

Next Accounts Due

June 2024

Group Structure

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Directors

Clarissa Horilczenko6 Years

Shareholders

clarissa marie horilczenko 100%

artro ltd Estimated Valuation

£23.6k

Pomanda estimates the enterprise value of ARTRO LTD at £23.6k based on a Turnover of £52.8k and 0.45x industry multiple (adjusted for size and gross margin).

artro ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ARTRO LTD at £0 based on an EBITDA of £-6.4k and a 3.66x industry multiple (adjusted for size and gross margin).

artro ltd Estimated Valuation

£18.3k

Pomanda estimates the enterprise value of ARTRO LTD at £18.3k based on Net Assets of £8.7k and 2.11x industry multiple (adjusted for liquidity).

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Artro Ltd Overview

Artro Ltd is a dissolved company that was located in london, E8 1DP with a Companies House number of 11309641. It operated in the information technology consultancy activities sector, SIC Code 62020. Founded in April 2018, it's largest shareholder was clarissa marie horilczenko with a 100% stake. The last turnover for Artro Ltd was estimated at £52.8k.

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Artro Ltd Health Check

Pomanda's financial health check has awarded Artro Ltd a 3.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £27.5k, make it smaller than the average company (£171.5k)

£27.5k - Artro Ltd

£171.5k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Artro Ltd

- - Industry AVG

production

Production

with a gross margin of 29.7%, this company has a higher cost of product (52.9%)

29.7% - Artro Ltd

52.9% - Industry AVG

profitability

Profitability

an operating margin of -6.3% make it less profitable than the average company (8.1%)

-6.3% - Artro Ltd

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Artro Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £44k, the company has an equivalent pay structure (£44k)

£44k - Artro Ltd

£44k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.5k, this is less efficient (£110.4k)

£27.5k - Artro Ltd

£110.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (70 days)

30 days - Artro Ltd

70 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 180 days, this is slower than average (31 days)

180 days - Artro Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Artro Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 112 weeks, this is more cash available to meet short term requirements (23 weeks)

112 weeks - Artro Ltd

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (53.4%)

41.8% - Artro Ltd

53.4% - Industry AVG

artro ltd 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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Artro Ltd Competitor Analysis

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artro ltd Ownership

ARTRO LTD group structure

Artro Ltd has no subsidiary companies.

Ultimate parent company

ARTRO LTD

11309641

ARTRO LTD Shareholders

clarissa marie horilczenko 100%

artro ltd directors

Artro Ltd currently has 1 director, Miss Clarissa Horilczenko serving since Apr 2018.

officercountryagestartendrole
Miss Clarissa HorilczenkoUnited Kingdom50 years Apr 2018- Director

ARTRO LTD financials

EXPORTms excel logo

Artro Ltd's latest turnover from November 2020 is estimated at £52.8 thousand and the company has net assets of £8.7 thousand. According to their latest financial statements, Artro Ltd has 1 employee and maintains cash reserves of £19.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2020Apr 2020Apr 2019
Turnover52,76827,54760,204
Other Income Or Grants000
Cost Of Sales37,90819,35542,499
Gross Profit14,8608,19317,705
Admin Expenses21,2519,941-687
Operating Profit-6,391-1,74818,392
Interest Payable000
Interest Receivable181965
Pre-Tax Profit-6,373-1,72918,457
Tax00-3,507
Profit After Tax-6,373-1,72914,950
Dividends Paid000
Retained Profit-6,373-1,72914,950
Employee Costs43,36243,97151,429
Number Of Employees111
EBITDA*-6,391-1,74818,392

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2020Apr 2020Apr 2019
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress000
Trade Debtors02,27021,330
Group Debtors000
Misc Debtors000
Cash19,43320,60217,316
misc current assets000
total current assets19,43322,87238,646
total assets19,43322,87238,646
Bank overdraft000
Bank loan000
Trade Creditors 10,7569,55123,596
Group/Directors Accounts000
other short term finances000
hp & lease commitments000
other current liabilities000
total current liabilities10,7569,55123,596
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities10,7569,55123,596
net assets8,67713,32115,050
total shareholders funds8,67713,32115,050
Nov 2020Apr 2020Apr 2019
Operating Activities
Operating Profit-6,391-1,74818,392
Depreciation000
Amortisation000
Tax00-3,507
Stock000
Debtors-21,330-19,06021,330
Creditors-12,840-14,04523,596
Accruals and Deferred Income000
Deferred Taxes & Provisions000
Cash flow from operations2,0993,26717,151
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts000
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue00100
interest181965
cash flow from financing1819165
cash and cash equivalents
cash2,1173,28617,316
overdraft000
change in cash2,1173,28617,316

P&L

November 2020

turnover

52.8k

-12%

operating profit

-6.4k

0%

gross margin

28.2%

-4.24%

turnover

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

Balance Sheet

November 2020

net assets

8.7k

-0.42%

total assets

19.4k

-0.5%

cash

19.4k

+0.12%

net assets

Total assets minus all liabilities

artro ltd company details

company number

11309641

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

April 2018

age

6

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

flat 2 43 horton road, london, E8 1DP

last accounts submitted

November 2020

artro 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 artro ltd.

charges

artro ltd Companies House Filings - See Documents

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