addict london limited
addict london limited Company Information
Company Number
11484749
Website
start2stop.co.ukRegistered Address
3 jesse terrace, reading, RG1 7RS
Industry
Sound recording and music publishing activities
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Marc Wiles6 Years
Shareholders
marc alexander wiles 76%
berenice robyn bridget scott 24%
addict london limited Estimated Valuation
Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £62.5k based on a Turnover of £96.1k and 0.65x industry multiple (adjusted for size and gross margin).
addict london limited Estimated Valuation
Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £7.8k based on an EBITDA of £2.4k and a 3.32x industry multiple (adjusted for size and gross margin).
addict london limited Estimated Valuation
Pomanda estimates the enterprise value of ADDICT LONDON LIMITED at £2.6k based on Net Assets of £5.2k and 0.5x 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 £96.1k 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £96.1k, make it smaller than the average company (£414.7k)
- Addict London Limited
£414.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (10.2%)
- Addict London Limited
10.2% - Industry AVG
Production
with a gross margin of 45.6%, this company has a comparable cost of product (45.6%)
- Addict London Limited
45.6% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (8.5%)
- Addict London Limited
8.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Addict London Limited
3 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- Addict London Limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £48.1k, this is less efficient (£127k)
- Addict London Limited
£127k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Addict London Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (41 days)
- Addict London Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Addict London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 145 weeks, this is more cash available to meet short term requirements (30 weeks)
145 weeks - Addict London Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (76.7%)
35.6% - Addict London Limited
76.7% - Industry AVG
ADDICT LONDON LIMITED financials
Addict London Limited's latest turnover from July 2023 is estimated at £96.1 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 House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 24 | 492 | 516 | 101 | 0 |
| Cash | 8,097 | 3,928 | 4,582 | 7,206 | 9,663 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,121 | 4,420 | 5,098 | 7,307 | 9,663 |
| total assets | 8,121 | 4,420 | 5,098 | 7,307 | 9,663 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 0 | 888 | 1 | 1 |
| 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 | 2,892 | 1,191 | 1,083 | 2,192 | 4,316 |
| total current liabilities | 2,893 | 1,191 | 1,971 | 2,193 | 4,317 |
| 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 | 17 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 17 |
| total liabilities | 2,893 | 1,191 | 1,971 | 2,193 | 4,334 |
| net assets | 5,228 | 3,229 | 3,127 | 5,114 | 5,329 |
| total shareholders funds | 5,228 | 3,229 | 3,127 | 5,114 | 5,329 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 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 | -468 | -24 | 415 | 101 | 0 |
| Creditors | 1 | -888 | 887 | 0 | 1 |
| Accruals and Deferred Income | 1,701 | 108 | -1,109 | -2,124 | 4,316 |
| 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 | -17 | 17 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 4,169 | -654 | -2,624 | -2,457 | 9,663 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,169 | -654 | -2,624 | -2,457 | 9,663 |
addict london limited Credit Report and Business Information
Addict London Limited Competitor Analysis
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 directors
Addict London Limited currently has 1 director, Mr Marc Wiles serving since Jul 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Wiles | United Kingdom | 59 years | Jul 2018 | - | Director |
P&L
July 2023turnover
96.1k
-58%
operating profit
2.4k
0%
gross margin
45.7%
+8.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
5.2k
+0.62%
total assets
8.1k
+0.84%
cash
8.1k
+1.06%
net assets
Total assets minus all liabilities
Similar Companies
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
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
3 jesse terrace, reading, RG1 7RS
accountant
MALCOLM J GREER
auditor
-
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 Companies House Filings - See Documents
| date | description | view/download |
|---|
