area europe limited
area europe limited Company Information
Company Number
11583265
Next Accounts
Jul 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Directors
Shareholders
fourfront group limited
Group Structure
View All
Contact
Registered Address
windsor two arthur road, windsor, SL4 1RS
Website
www.areasq.co.ukarea europe limited Estimated Valuation
Pomanda estimates the enterprise value of AREA EUROPE LIMITED at £1.9m based on a Turnover of £5.2m and 0.36x industry multiple (adjusted for size and gross margin).
area europe limited Estimated Valuation
Pomanda estimates the enterprise value of AREA EUROPE LIMITED at £0 based on an EBITDA of £-78.7k and a 3.37x industry multiple (adjusted for size and gross margin).
area europe limited Estimated Valuation
Pomanda estimates the enterprise value of AREA EUROPE LIMITED at £0 based on Net Assets of £-189.6k and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Area Europe Limited Overview
Area Europe Limited is a live company located in windsor, SL4 1RS with a Companies House number of 11583265. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 2018, it's largest shareholder is fourfront group limited with a 100% stake. Area Europe Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.2m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Area Europe Limited Health Check
Pomanda's financial health check has awarded Area Europe Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £5.2m, make it smaller than the average company (£6.9m)
- Area Europe Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.8%)
- Area Europe Limited
8.8% - Industry AVG
Production
with a gross margin of 14.3%, this company has a higher cost of product (24.8%)
- Area Europe Limited
24.8% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (6.1%)
- Area Europe Limited
6.1% - Industry AVG
Employees
with 13 employees, this is below the industry average (33)
- Area Europe Limited
33 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Area Europe Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £399.6k, this is more efficient (£189.7k)
- Area Europe Limited
£189.7k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (57 days)
- Area Europe Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (39 days)
- Area Europe Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 199 days, this is more than average (15 days)
- Area Europe Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (20 weeks)
11 weeks - Area Europe Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (60.9%)
103% - Area Europe Limited
60.9% - Industry AVG
AREA EUROPE LIMITED financials
Area Europe Limited's latest turnover from October 2023 is estimated at £5.2 million and the company has net assets of -£189.6 thousand. According to their latest financial statements, we estimate that Area Europe Limited has 13 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 0 | ||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 2,435,610 | 4,340 | 0 | 0 | 0 |
| Trade Debtors | 1,314,223 | 1,449,619 | 45,874 | 854,171 | 763,133 |
| Group Debtors | 873 | 639,631 | 4,002 | 160,741 | 243,784 |
| Misc Debtors | 1,145,101 | 1,280,977 | 260,024 | 877,784 | 365,209 |
| Cash | 1,503,783 | 1,023,391 | 331 | 344,229 | 230 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,399,590 | 4,397,958 | 310,231 | 2,236,925 | 1,372,356 |
| total assets | 6,399,590 | 4,397,958 | 310,231 | 2,236,925 | 1,372,356 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 409,430 | 516,341 | 40,196 | 610,340 | 352,674 |
| Group/Directors Accounts | 974,287 | 0 | 50,487 | 115,704 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,205,467 | 4,058,806 | 294,436 | 1,483,295 | 1,049,729 |
| total current liabilities | 6,589,184 | 4,575,147 | 385,119 | 2,209,339 | 1,402,403 |
| 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 | 6,589,184 | 4,575,147 | 385,119 | 2,209,339 | 1,402,403 |
| net assets | -189,594 | -177,189 | -74,888 | 27,586 | -30,047 |
| total shareholders funds | -189,594 | -177,189 | -74,888 | 27,586 | -30,047 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 2,431,270 | 4,340 | 0 | 0 | 0 |
| Debtors | -910,030 | 3,060,327 | -1,582,796 | 520,570 | 1,372,126 |
| Creditors | -106,911 | 476,145 | -570,144 | 257,666 | 352,674 |
| Accruals and Deferred Income | 1,146,661 | 3,764,370 | -1,188,859 | 433,566 | 1,049,729 |
| 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 | 974,287 | -50,487 | -65,217 | 115,704 | 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 | 480,392 | 1,023,060 | -343,898 | 343,999 | 230 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 480,392 | 1,023,060 | -343,898 | 343,999 | 230 |
area europe limited Credit Report and Business Information
Area Europe Limited Competitor Analysis
Perform a competitor analysis for area europe limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SL4 area or any other competitors across 12 key performance metrics.
area europe limited Ownership
AREA EUROPE LIMITED group structure
Area Europe Limited has no subsidiary companies.
Ultimate parent company
2 parents
AREA EUROPE LIMITED
11583265
area europe limited directors
Area Europe Limited currently has 1 director, Mr Gary Chandler serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Chandler | England | 55 years | Oct 2018 | - | Director |
P&L
October 2023turnover
5.2m
+30%
operating profit
-78.7k
0%
gross margin
14.3%
+3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-189.6k
+0.07%
total assets
6.4m
+0.46%
cash
1.5m
+0.47%
net assets
Total assets minus all liabilities
area europe limited company details
company number
11583265
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
September 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
windsor two arthur road, windsor, SL4 1RS
Bank
-
Legal Advisor
-
area europe 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 area europe limited.
area europe 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 AREA EUROPE LIMITED. This can take several minutes, an email will notify you when this has completed.
area europe limited Companies House Filings - See Documents
| date | description | view/download |
|---|
