airbase uk interiors ltd
airbase uk interiors ltd Company Information
Company Number
12068803
Website
-Registered Address
2a, gatwick gate industrial estate, crawley, RH11 0TG
Industry
Manufacture of soft furnishings
Manufacture of other plastic products
Telephone
01293309000
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
rw aviation ltd 99.9%
rw aviation limited 0.1%
airbase uk interiors ltd Estimated Valuation
Pomanda estimates the enterprise value of AIRBASE UK INTERIORS LTD at £4m based on a Turnover of £8.4m and 0.48x industry multiple (adjusted for size and gross margin).
airbase uk interiors ltd Estimated Valuation
Pomanda estimates the enterprise value of AIRBASE UK INTERIORS LTD at £10.1m based on an EBITDA of £1.6m and a 6.2x industry multiple (adjusted for size and gross margin).
airbase uk interiors ltd Estimated Valuation
Pomanda estimates the enterprise value of AIRBASE UK INTERIORS LTD at £2.8m based on Net Assets of £1.8m and 1.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Airbase Uk Interiors Ltd Overview
Airbase Uk Interiors Ltd is a live company located in crawley, RH11 0TG with a Companies House number of 12068803. It operates in the manufacture of soft furnishings sector, SIC Code 13921. Founded in June 2019, it's largest shareholder is rw aviation ltd with a 99.9% stake. Airbase Uk Interiors Ltd is a young, mid sized company, Pomanda has estimated its turnover at £8.4m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Airbase Uk Interiors Ltd Health Check
Pomanda's financial health check has awarded Airbase Uk Interiors Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £8.4m, make it smaller than the average company (£15.7m)
£8.4m - Airbase Uk Interiors Ltd
£15.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (8.5%)
54% - Airbase Uk Interiors Ltd
8.5% - Industry AVG
Production
with a gross margin of 49.7%, this company has a lower cost of product (31.6%)
49.7% - Airbase Uk Interiors Ltd
31.6% - Industry AVG
Profitability
an operating margin of 18.6% make it more profitable than the average company (5%)
18.6% - Airbase Uk Interiors Ltd
5% - Industry AVG
Employees
with 63 employees, this is below the industry average (88)
63 - Airbase Uk Interiors Ltd
88 - Industry AVG
Pay Structure
on an average salary of £26.9k, the company has a lower pay structure (£37k)
£26.9k - Airbase Uk Interiors Ltd
£37k - Industry AVG
Efficiency
resulting in sales per employee of £133.6k, this is less efficient (£160.1k)
£133.6k - Airbase Uk Interiors Ltd
£160.1k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (53 days)
68 days - Airbase Uk Interiors Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (46 days)
29 days - Airbase Uk Interiors Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is in line with average (70 days)
59 days - Airbase Uk Interiors Ltd
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - Airbase Uk Interiors Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.1%, this is a higher level of debt than the average (43.5%)
53.1% - Airbase Uk Interiors Ltd
43.5% - Industry AVG
AIRBASE UK INTERIORS LTD financials
Airbase Uk Interiors Ltd's latest turnover from March 2024 is £8.4 million and the company has net assets of £1.8 million. According to their latest financial statements, Airbase Uk Interiors Ltd has 63 employees and maintains cash reserves of £11.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 8,418,435 | 3,998,920 | 2,297,346 | 1,031,026 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,231,845 | 1,935,874 | 921,065 | 400,779 | 0 |
| Gross Profit | 4,186,590 | 2,063,046 | 1,376,281 | 630,247 | 0 |
| Admin Expenses | 2,624,462 | 1,595,601 | 1,488,066 | 555,195 | 0 |
| Operating Profit | 1,562,128 | 467,445 | -111,785 | 75,052 | 0 |
| Interest Payable | 314,946 | 152,182 | 59,785 | 8,368 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,247,182 | 315,263 | -171,570 | 66,684 | 0 |
| Tax | 80,467 | -20,853 | 0 | 0 | 0 |
| Profit After Tax | 1,327,649 | 294,410 | -171,570 | 66,684 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,327,649 | 294,410 | -171,570 | 66,684 | 0 |
| Employee Costs | 1,695,364 | 1,163,756 | 0 | ||
| Number Of Employees | 63 | 56 | 48 | 47 | |
| EBITDA* | 1,625,900 | 578,212 | -74,817 | 86,636 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 454,260 | 418,836 | 482,916 | 507,924 | 0 |
| Intangible Assets | 139,125 | 140,850 | 140,245 | 137,044 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 593,385 | 559,686 | 623,161 | 644,968 | 0 |
| Stock & work in progress | 693,832 | 419,067 | 185,971 | 86,423 | 0 |
| Trade Debtors | 1,576,669 | 743,252 | 336,921 | 453,083 | 0 |
| Group Debtors | 647,528 | 4,372 | 0 | 0 | 0 |
| Misc Debtors | 372,054 | 314,462 | 242,359 | 149,511 | 1 |
| Cash | 11,708 | 42,900 | 6,419 | 121,581 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,301,791 | 1,524,053 | 771,670 | 810,598 | 1 |
| total assets | 3,895,176 | 2,083,739 | 1,394,831 | 1,455,566 | 1 |
| Bank overdraft | 10,000 | 10,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 340,071 | 208,666 | 291,853 | 9,421 | 0 |
| Group/Directors Accounts | 71,003 | 41,971 | 44,686 | 203,736 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 15,392 | 61,368 | 43,951 | 43,951 | 0 |
| other current liabilities | 1,506,483 | 1,035,915 | 610,582 | 698,408 | 0 |
| total current liabilities | 1,942,949 | 1,357,920 | 991,072 | 955,516 | 0 |
| loans | 15,834 | 28,333 | 92,769 | 50,000 | 0 |
| hp & lease commitments | 62,462 | 43,983 | 69,247 | 127,738 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 47,129 | 117,350 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 125,425 | 189,666 | 162,016 | 177,738 | 0 |
| total liabilities | 2,068,374 | 1,547,586 | 1,153,088 | 1,133,254 | 0 |
| net assets | 1,826,802 | 536,153 | 241,743 | 322,312 | 1 |
| total shareholders funds | 1,826,802 | 536,153 | 241,743 | 322,312 | 1 |
| Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 1,562,128 | 467,445 | -111,785 | 75,052 | 0 |
| Depreciation | 41,036 | 95,132 | 29,518 | 10,278 | 0 |
| Amortisation | 22,736 | 15,635 | 7,450 | 1,306 | 0 |
| Tax | 80,467 | -20,853 | 0 | 0 | 0 |
| Stock | 693,832 | 233,096 | 99,548 | 86,423 | 0 |
| Debtors | 2,596,251 | 482,806 | -23,314 | 602,593 | 1 |
| Creditors | 340,071 | -83,187 | 282,432 | 9,421 | 0 |
| Accruals and Deferred Income | 1,506,483 | 425,333 | -87,826 | 698,408 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 262,838 | 183,603 | 43,555 | 105,449 | -1 |
| 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 | 71,003 | -2,715 | -159,050 | 203,736 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 15,834 | -64,436 | 42,769 | 50,000 | 0 |
| Hire Purchase and Lease Commitments | 77,854 | -7,847 | -58,491 | 171,689 | 0 |
| other long term liabilities | 47,129 | 117,350 | 0 | 0 | 0 |
| share issue | |||||
| interest | -314,946 | -152,182 | -59,785 | -8,368 | 0 |
| cash flow from financing | 396,027 | -109,830 | -143,556 | 672,684 | 1 |
| cash and cash equivalents | |||||
| cash | 11,708 | 36,481 | -115,162 | 121,581 | 0 |
| overdraft | 10,000 | 10,000 | 0 | 0 | 0 |
| change in cash | 1,708 | 26,481 | -115,162 | 121,581 | 0 |
airbase uk interiors ltd Credit Report and Business Information
Airbase Uk Interiors Ltd Competitor Analysis
Perform a competitor analysis for airbase uk interiors ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in RH11 area or any other competitors across 12 key performance metrics.
airbase uk interiors ltd Ownership
AIRBASE UK INTERIORS LTD group structure
Airbase Uk Interiors Ltd has no subsidiary companies.
airbase uk interiors ltd directors
Airbase Uk Interiors Ltd currently has 4 directors. The longest serving directors include Mr Benjamin Russell (Aug 2020) and Mr Huw Jenkins (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Russell | United Kingdom | 43 years | Aug 2020 | - | Director |
| Mr Huw Jenkins | England | 43 years | Aug 2020 | - | Director |
| Mr Edward Dyer | England | 35 years | Aug 2020 | - | Director |
| Mr Christopher Williams | England | 42 years | Aug 2020 | - | Director |
P&L
March 2024turnover
8.4m
0%
operating profit
1.6m
0%
gross margin
49.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.8m
0%
total assets
3.9m
0%
cash
11.7k
0%
net assets
Total assets minus all liabilities
airbase uk interiors ltd company details
company number
12068803
Type
Private limited with Share Capital
industry
13960 - Manufacture of other technical and industrial textiles
13921 - Manufacture of soft furnishings
22290 - Manufacture of other plastic products
incorporation date
June 2019
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
em engineering recruitment ltd (August 2020)
splash it limited (January 2020)
accountant
THE HAMPDEN PARTNERSHIP LIMITED
auditor
-
address
2a, gatwick gate industrial estate, crawley, RH11 0TG
Bank
-
Legal Advisor
-
airbase uk interiors 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 found 5 charges/mortgages relating to airbase uk interiors ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
airbase uk interiors ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
