urban reserve (assetco) limited
urban reserve (assetco) limited Company Information
Company Number
11323479
Next Accounts
26 days late
Industry
Transmission of electricity
Shareholders
urban reserve finco limited
Group Structure
View All
Contact
Registered Address
3rd floor 1 dover street, london, W1S 4LD
Website
-urban reserve (assetco) limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN RESERVE (ASSETCO) LIMITED at £275.4m based on a Turnover of £67.8m and 4.06x industry multiple (adjusted for size and gross margin).
urban reserve (assetco) limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN RESERVE (ASSETCO) LIMITED at £625.4m based on an EBITDA of £53.8m and a 11.62x industry multiple (adjusted for size and gross margin).
urban reserve (assetco) limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN RESERVE (ASSETCO) LIMITED at £73.6m based on Net Assets of £26.7m and 2.76x industry multiple (adjusted for liquidity).
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Urban Reserve (assetco) Limited Overview
Urban Reserve (assetco) Limited is a live company located in london, W1S 4LD with a Companies House number of 11323479. It operates in the transmission of electricity sector, SIC Code 35120. Founded in April 2018, it's largest shareholder is urban reserve finco limited with a 100% stake. Urban Reserve (assetco) Limited is a young, large sized company, Pomanda has estimated its turnover at £67.8m with unknown growth in recent years.
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Urban Reserve (assetco) Limited Health Check
Pomanda's financial health check has awarded Urban Reserve (Assetco) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
1 Weak
Size
annual sales of £67.8m, make it larger than the average company (£9.2m)
£67.8m - Urban Reserve (assetco) Limited
£9.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Urban Reserve (assetco) Limited
- - Industry AVG
Production
with a gross margin of 82.8%, this company has a lower cost of product (54.4%)
82.8% - Urban Reserve (assetco) Limited
54.4% - Industry AVG
Profitability
an operating margin of 74.3% make it more profitable than the average company (40.7%)
74.3% - Urban Reserve (assetco) Limited
40.7% - Industry AVG
Employees
with 82 employees, this is above the industry average (23)
- Urban Reserve (assetco) Limited
23 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Urban Reserve (assetco) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £827.1k, this is equally as efficient (£831.7k)
- Urban Reserve (assetco) Limited
£831.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (21 days)
1 days - Urban Reserve (assetco) Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (22 days)
9 days - Urban Reserve (assetco) Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (13 days)
0 days - Urban Reserve (assetco) Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 203 weeks, this is more cash available to meet short term requirements (24 weeks)
203 weeks - Urban Reserve (assetco) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.4%, this is a lower level of debt than the average (96.9%)
75.4% - Urban Reserve (assetco) Limited
96.9% - Industry AVG
URBAN RESERVE (ASSETCO) LIMITED financials
Urban Reserve (Assetco) Limited's latest turnover from March 2023 is £67.8 million and the company has net assets of £26.7 million. According to their latest financial statements, we estimate that Urban Reserve (Assetco) Limited has 82 employees and maintains cash reserves of £28.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Apr 2019 | |
|---|---|---|---|---|---|
| Turnover | 67,821,532 | 13,667,609 | 999,549 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,661,303 | 5,066,859 | 220,329 | 0 | 0 |
| Gross Profit | 56,160,229 | 8,600,750 | 779,220 | 0 | 0 |
| Admin Expenses | 5,739,501 | 2,292,778 | |||
| Operating Profit | 50,420,728 | 6,307,972 | |||
| Interest Payable | 9,885,043 | 9,422,490 | 5,565,445 | 796,861 | 21,109 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 40,691,282 | -3,114,518 | -5,186,077 | -895,012 | -21,117 |
| Tax | -7,095,852 | 2,272,099 | 0 | 0 | 0 |
| Profit After Tax | 33,595,430 | -842,419 | -5,186,077 | -895,012 | -21,117 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 33,595,430 | -842,419 | -5,186,077 | -895,012 | -21,117 |
| Employee Costs | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||
| EBITDA* | 53,843,499 | 7,987,702 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 72,702,532 | 73,792,490 | 47,873,411 | 13,179,602 | 2,484,597 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 72,702,532 | 73,792,490 | 47,873,411 | 13,179,602 | 2,484,597 |
| Stock & work in progress | 10,964 | 0 | 0 | 0 | 0 |
| Trade Debtors | 296,229 | 970,851 | 324,810 | 0 | 0 |
| Group Debtors | 0 | 0 | 3,903,260 | 374,655 | 0 |
| Misc Debtors | 6,765,223 | 4,906,678 | 3,166,729 | 2,207,939 | 194,782 |
| Cash | 28,607,138 | 223,485 | 588,615 | 350,067 | 72,137 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 35,679,554 | 6,101,014 | 7,983,414 | 2,932,661 | 266,919 |
| total assets | 108,382,086 | 79,893,504 | 55,856,825 | 16,112,263 | 2,751,516 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 296,233 | 1,261,293 | 1,199,873 | 379,272 | 494,186 |
| Group/Directors Accounts | 202,883 | 112,495 | 767,980 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,805,644 | 1,223,716 | 516,197 | 1,050 | 0 |
| total current liabilities | 7,304,760 | 2,597,504 | 2,484,050 | 380,322 | 494,186 |
| loans | 74,383,931 | 84,240,624 | 59,474,980 | 16,648,069 | 2,278,446 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 42,589 | 0 | 0 | 0 | 0 |
| total long term liabilities | 74,426,520 | 84,240,624 | 59,474,980 | 16,648,069 | 2,278,446 |
| total liabilities | 81,731,280 | 86,838,128 | 61,959,030 | 17,028,391 | 2,772,632 |
| net assets | 26,650,806 | -6,944,624 | -6,102,205 | -916,128 | -21,116 |
| total shareholders funds | 26,650,806 | -6,944,624 | -6,102,205 | -916,128 | -21,116 |
| Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 50,420,728 | 6,307,972 | |||
| Depreciation | 3,422,771 | 1,679,730 | 182,390 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -7,095,852 | 2,272,099 | 0 | 0 | 0 |
| Stock | 10,964 | 0 | 0 | 0 | 0 |
| Debtors | 1,183,923 | -1,517,270 | 7,394,799 | 2,582,594 | 194,782 |
| Creditors | -965,060 | 61,420 | 1,199,873 | 379,272 | 494,186 |
| Accruals and Deferred Income | 5,581,928 | 707,519 | 516,197 | 1,050 | 0 |
| Deferred Taxes & Provisions | 42,589 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 50,212,217 | 12,546,010 | |||
| 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 | 90,388 | -655,485 | 767,980 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,856,693 | 24,765,644 | 59,474,980 | 16,648,069 | 2,278,446 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -9,885,043 | -9,422,490 | -5,565,445 | -796,861 | -21,109 |
| cash flow from financing | -19,651,348 | 14,687,669 | 53,761,387 | 15,830,092 | 2,257,338 |
| cash and cash equivalents | |||||
| cash | 28,383,653 | -365,130 | 588,615 | 350,067 | 72,137 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 28,383,653 | -365,130 | 588,615 | 350,067 | 72,137 |
urban reserve (assetco) limited Credit Report and Business Information
Urban Reserve (assetco) Limited Competitor Analysis
Perform a competitor analysis for urban reserve (assetco) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in W1S area or any other competitors across 12 key performance metrics.
urban reserve (assetco) limited Ownership
URBAN RESERVE (ASSETCO) LIMITED group structure
Urban Reserve (Assetco) Limited has no subsidiary companies.
Ultimate parent company
ASTERION INDUSTRIAL INFRA FUND I FCR
#0116510
2 parents
URBAN RESERVE (ASSETCO) LIMITED
11323479
urban reserve (assetco) limited directors
Urban Reserve (Assetco) Limited currently has 3 directors. The longest serving directors include Mr Mark Tarry (Jul 2020) and Mr Edward Sumption (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Tarry | England | 45 years | Jul 2020 | - | Director |
| Mr Edward Sumption | England | 36 years | Aug 2020 | - | Director |
| Mr Bruno Berardelli | England | 47 years | Mar 2023 | - | Director |
P&L
March 2023turnover
67.8m
+396%
operating profit
50.4m
+699%
gross margin
82.9%
+31.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
26.7m
-4.84%
total assets
108.4m
+0.36%
cash
28.6m
+127%
net assets
Total assets minus all liabilities
urban reserve (assetco) limited company details
company number
11323479
Type
Private limited with Share Capital
industry
35120 - Transmission of electricity
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
urban reserve (southern) limited (November 2018)
accountant
-
auditor
DELOITTE LLP
address
3rd floor 1 dover street, london, W1S 4LD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
urban reserve (assetco) 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 found 1 charges/mortgages relating to urban reserve (assetco) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
urban reserve (assetco) 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.
Click to start generating capital raising & share issue transactions for URBAN RESERVE (ASSETCO) LIMITED. This can take several minutes, an email will notify you when this has completed.
urban reserve (assetco) limited Companies House Filings - See Documents
| date | description | view/download |
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