addict london limited

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addict london limited Company Information

Share ADDICT LONDON LIMITED

Company Number

11484749

Directors

Marc Wiles

Shareholders

marc alexander wiles

berenice robyn bridget scott

Group Structure

View All

Industry

Sound recording and music publishing activities

 

Registered Address

3 jesse terrace, reading, RG1 7RS

addict london limited Estimated Valuation

£43.9k

Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £43.9k based on a Turnover of £97.2k and 0.45x industry multiple (adjusted for size and gross margin).

addict london limited Estimated Valuation

£5.7k

Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £5.7k based on an EBITDA of £2.4k and a 2.42x industry multiple (adjusted for size and gross margin).

addict london limited Estimated Valuation

£9.3k

Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £9.3k based on Net Assets of £5.2k and 1.78x industry multiple (adjusted for liquidity).

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Addict London Limited Overview

Addict London Limited is a live company located in reading, RG1 7RS with a Companies House number of 11484749. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in July 2018, it's largest shareholder is marc alexander wiles with a 76% stake. Addict London Limited is a young, micro sized company, Pomanda has estimated its turnover at £97.2k with low growth in recent years.

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Addict London Limited Health Check

Pomanda's financial health check has awarded Addict London Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £97.2k, make it smaller than the average company (£454.5k)

£97.2k - Addict London Limited

£454.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10%)

3% - Addict London Limited

10% - Industry AVG

production

Production

with a gross margin of 43.8%, this company has a comparable cost of product (43.8%)

43.8% - Addict London Limited

43.8% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (8.1%)

2.4% - Addict London Limited

8.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Addict London Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Addict London Limited

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.6k, this is less efficient (£127k)

£48.6k - Addict London Limited

£127k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Addict London Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (39 days)

0 days - Addict London Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Addict London Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 145 weeks, this is more cash available to meet short term requirements (28 weeks)

145 weeks - Addict London Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (77.6%)

35.6% - Addict London Limited

77.6% - Industry AVG

ADDICT LONDON LIMITED financials

EXPORTms excel logo

Addict London Limited's latest turnover from July 2023 is estimated at £97.2 thousand and the company has net assets of £5.2 thousand. According to their latest financial statements, Addict London Limited has 2 employees and maintains cash reserves of £8.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Turnover97,205228,75095,23189,970121,811
Other Income Or Grants
Cost Of Sales54,593133,09755,39549,06566,222
Gross Profit42,61295,65339,83740,90555,590
Admin Expenses40,24795,58041,83041,12849,171
Operating Profit2,36573-1,993-2236,419
Interest Payable
Interest Receivable301536836
Pre-Tax Profit2,665126-1,987-2156,456
Tax-666-24-1,227
Profit After Tax1,999102-1,987-2155,229
Dividends Paid
Retained Profit1,999102-1,987-2155,229
Employee Costs70,83095,28884,27891,09092,044
Number Of Employees22222
EBITDA*2,36573-1,993-2236,419

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors24492516101
Cash8,0973,9284,5827,2069,663
misc current assets
total current assets8,1214,4205,0987,3079,663
total assets8,1214,4205,0987,3079,663
Bank overdraft
Bank loan
Trade Creditors 188811
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities2,8921,1911,0832,1924,316
total current liabilities2,8931,1911,9712,1934,317
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities17
provisions
total long term liabilities17
total liabilities2,8931,1911,9712,1934,334
net assets5,2283,2293,1275,1145,329
total shareholders funds5,2283,2293,1275,1145,329
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019
Operating Activities
Operating Profit2,36573-1,993-2236,419
Depreciation
Amortisation
Tax-666-24-1,227
Stock
Debtors-468-24415101
Creditors1-8888871
Accruals and Deferred Income1,701108-1,109-2,1244,316
Deferred Taxes & Provisions
Cash flow from operations3,869-707-2,630-2,4489,509
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-1717
share issue100
interest301536836
cash flow from financing301536-9153
cash and cash equivalents
cash4,169-654-2,624-2,4579,663
overdraft
change in cash4,169-654-2,624-2,4579,663

addict london limited 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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Addict London Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for addict london limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG1 area or any other competitors across 12 key performance metrics.

addict london limited Ownership

ADDICT LONDON LIMITED group structure

Addict London Limited has no subsidiary companies.

Ultimate parent company

ADDICT LONDON LIMITED

11484749

ADDICT LONDON LIMITED Shareholders

marc alexander wiles 76%
berenice robyn bridget scott 24%

addict london limited directors

Addict London Limited currently has 1 director, Mr Marc Wiles serving since Jul 2018.

officercountryagestartendrole
Mr Marc WilesUnited Kingdom60 years Jul 2018- Director

P&L

July 2023

turnover

97.2k

-58%

operating profit

2.4k

0%

gross margin

43.9%

+4.84%

turnover

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

Balance Sheet

July 2023

net assets

5.2k

+0.62%

total assets

8.1k

+0.84%

cash

8.1k

+1.06%

net assets

Total assets minus all liabilities

addict london limited company details

company number

11484749

Type

Private limited with Share Capital

industry

59200 - Sound recording and music publishing activities

incorporation date

July 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

MALCOLM J GREER

auditor

-

address

3 jesse terrace, reading, RG1 7RS

Bank

-

Legal Advisor

-

addict london 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 did not find charges/mortgages relating to addict london limited.

addict london 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.

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addict london limited Companies House Filings - See Documents

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