business italy ltd
business italy ltd Company Information
Company Number
11426938
Website
-Registered Address
harris and company, canfield place, london, NW6 3BT
Industry
Other publishing activities
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
new european media limited 100%
business italy ltd Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS ITALY LTD at £112k based on a Turnover of £239.8k and 0.47x industry multiple (adjusted for size and gross margin).
business italy ltd Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS ITALY LTD at £0 based on an EBITDA of £-2.6k and a 3.12x industry multiple (adjusted for size and gross margin).
business italy ltd Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS ITALY LTD at £0 based on Net Assets of £-52.4k and 1.89x industry multiple (adjusted for liquidity).
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Business Italy Ltd Overview
Business Italy Ltd is a live company located in london, NW6 3BT with a Companies House number of 11426938. It operates in the other publishing activities sector, SIC Code 58190. Founded in June 2018, it's largest shareholder is new european media limited with a 100% stake. Business Italy Ltd is a young, micro sized company, Pomanda has estimated its turnover at £239.8k with healthy growth in recent years.
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Business Italy Ltd Health Check
Pomanda's financial health check has awarded Business Italy Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £239.8k, make it smaller than the average company (£2.1m)
- Business Italy Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.9%)
- Business Italy Ltd
3.9% - Industry AVG
Production
with a gross margin of 60.1%, this company has a comparable cost of product (60.1%)
- Business Italy Ltd
60.1% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (8.6%)
- Business Italy Ltd
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (30)
2 - Business Italy Ltd
30 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Business Italy Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £119.9k, this is equally as efficient (£129.7k)
- Business Italy Ltd
£129.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Business Italy Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 198 days, this is slower than average (37 days)
- Business Italy Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Business Italy Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Business Italy Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1740.6%, this is a higher level of debt than the average (56.7%)
1740.6% - Business Italy Ltd
56.7% - Industry AVG
BUSINESS ITALY LTD financials
Business Italy Ltd's latest turnover from June 2023 is estimated at £239.8 thousand and the company has net assets of -£52.4 thousand. According to their latest financial statements, Business Italy Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 31,357 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,195 | 5,489 | 17,451 | 107,063 | 85,804 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,195 | 5,489 | 17,451 | 138,420 | 85,804 |
| total assets | 3,195 | 5,489 | 17,451 | 138,420 | 85,804 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 51,959 | 52,992 | 53,459 | 31,720 | 86,873 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,652 | 2,300 | 1,850 | 102,895 | 2,021 |
| total current liabilities | 55,611 | 55,292 | 55,309 | 134,615 | 88,894 |
| loans | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 55,611 | 55,292 | 55,309 | 134,615 | 88,894 |
| net assets | -52,416 | -49,803 | -37,858 | 3,805 | -3,090 |
| total shareholders funds | -52,416 | -49,803 | -37,858 | 3,805 | -3,090 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,294 | -11,962 | -120,969 | 52,616 | 85,804 |
| Creditors | -1,033 | -467 | 21,739 | -55,153 | 86,873 |
| Accruals and Deferred Income | 1,352 | 450 | -101,045 | 100,874 | 2,021 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
business italy ltd Credit Report and Business Information
Business Italy Ltd Competitor Analysis
Perform a competitor analysis for business italy ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NW6 area or any other competitors across 12 key performance metrics.
business italy ltd Ownership
BUSINESS ITALY LTD group structure
Business Italy Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
BUSINESS ITALY LTD
11426938
1 subsidiary
business italy ltd directors
Business Italy Ltd currently has 2 directors. The longest serving directors include Mr Gianluca Luciano (Dec 2021) and Mr Gianluca Luciano (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gianluca Luciano | England | 55 years | Dec 2021 | - | Director |
| Mr Gianluca Luciano | England | 55 years | Dec 2021 | - | Director |
P&L
June 2023turnover
239.8k
+1%
operating profit
-2.6k
0%
gross margin
60.1%
-1.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-52.4k
+0.05%
total assets
3.2k
-0.42%
cash
0
0%
net assets
Total assets minus all liabilities
business italy ltd company details
company number
11426938
Type
Private limited with Share Capital
industry
58190 - Other publishing activities
incorporation date
June 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
harris and company, canfield place, london, NW6 3BT
accountant
-
auditor
-
business italy 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 business italy ltd.
business italy ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
