london artfarm limited

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london artfarm limited Company Information

Share LONDON ARTFARM LIMITED

Company Number

12363019

Shareholders

artfarm limited

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

6 grosvenor street, london, W1K 4PZ

Website

-

london artfarm limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of LONDON ARTFARM LIMITED at £3.5m based on a Turnover of £1m and 3.35x industry multiple (adjusted for size and gross margin).

london artfarm limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON ARTFARM LIMITED at £0 based on an EBITDA of £-790.5k and a 6.55x industry multiple (adjusted for size and gross margin).

london artfarm limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON ARTFARM LIMITED at £0 based on Net Assets of £-1.2m and 1.75x industry multiple (adjusted for liquidity).

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London Artfarm Limited Overview

London Artfarm Limited is a live company located in london, W1K 4PZ with a Companies House number of 12363019. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2019, it's largest shareholder is artfarm limited with a 100% stake. London Artfarm Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with unknown growth in recent years.

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London Artfarm Limited Health Check

Pomanda's financial health check has awarded London Artfarm Limited a 1.5 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 Rating1.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it in line with the average company (£1.1m)

£1m - London Artfarm Limited

£1.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - London Artfarm Limited

- - Industry AVG

production

Production

with a gross margin of 71%, this company has a comparable cost of product (71%)

71% - London Artfarm Limited

71% - Industry AVG

profitability

Profitability

an operating margin of -168.8% make it less profitable than the average company (21.6%)

-168.8% - London Artfarm Limited

21.6% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - London Artfarm Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - London Artfarm Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £172k, this is less efficient (£202.7k)

£172k - London Artfarm Limited

£202.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is later than average (33 days)

40 days - London Artfarm Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 243 days, this is slower than average (34 days)

243 days - London Artfarm Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 278 days, this is more than average (53 days)

278 days - London Artfarm Limited

53 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - London Artfarm Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 109.2%, this is a higher level of debt than the average (71.6%)

109.2% - London Artfarm Limited

71.6% - Industry AVG

LONDON ARTFARM LIMITED financials

EXPORTms excel logo

London Artfarm Limited's latest turnover from December 2023 is estimated at £1 million and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that London Artfarm Limited has 6 employees and maintains cash reserves of £183.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover1,031,9041,629,157
Other Income Or Grants
Cost Of Sales299,542478,217
Gross Profit732,3621,150,941
Admin Expenses2,474,5103,300,480214,4691,782
Operating Profit-1,742,148-2,149,539-214,469-1,782
Interest Payable41,34613,2846,688
Interest Receivable8,8062,68611,8238,130
Pre-Tax Profit-1,733,342-2,188,199-215,930-340
Tax
Profit After Tax-1,733,342-2,188,199-215,930-340
Dividends Paid
Retained Profit-1,733,342-2,188,199-215,930-340
Employee Costs198,737282,839
Number Of Employees6933
EBITDA*-790,499-2,149,539-214,469-1,782

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets11,387,27211,762,3271,813,677462,391
Intangible Assets8,9069,903
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,396,17811,772,2301,813,677462,391
Stock & work in progress228,474159,271
Trade Debtors115,576206,674
Group Debtors217,565230,850155,073581,320
Misc Debtors499,0861,130,7663,193,8961,886,025
Cash183,756151,6961,7885,552
misc current assets
total current assets1,244,4571,879,2573,350,7572,472,897
total assets12,640,63513,651,4875,164,4342,935,288
Bank overdraft
Bank loan
Trade Creditors 199,737196,415133,1452,940
Group/Directors Accounts9,258,2768,058,406139,453
other short term finances
hp & lease commitments
other current liabilities4,350,7744,831,4764,237,5722,500,000
total current liabilities13,808,78713,086,2974,510,1702,502,940
loans870,434432,588
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities870,434432,588
total liabilities13,808,78713,086,2975,380,6042,935,528
net assets-1,168,152565,190-216,170-240
total shareholders funds-1,168,152565,190-216,170-240
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-1,742,148-2,149,539-214,469-1,782
Depreciation950,652
Amortisation997
Tax
Stock69,203159,271
Debtors-736,063-1,780,679881,6242,467,345
Creditors3,32263,270130,2052,940
Accruals and Deferred Income-480,702593,9041,737,5722,500,000
Deferred Taxes & Provisions
Cash flow from operations-601,019129,043771,68433,813
Investing Activities
capital expenditure-575,597-9,958,553-1,351,286-462,391
Change in Investments
cash flow from investments-575,597-9,958,553-1,351,286-462,391
Financing Activities
Bank loans
Group/Directors Accounts1,199,8707,918,953139,453
Other Short Term Loans
Long term loans-870,434437,846432,588
Hire Purchase and Lease Commitments
other long term liabilities
share issue2,969,559100
interest8,806-38,660-1,4611,442
cash flow from financing1,208,6769,979,418575,838434,130
cash and cash equivalents
cash32,060149,908-3,7645,552
overdraft
change in cash32,060149,908-3,7645,552

london artfarm 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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London Artfarm Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for london artfarm limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in W1K area or any other competitors across 12 key performance metrics.

london artfarm limited Ownership

LONDON ARTFARM LIMITED group structure

London Artfarm Limited has no subsidiary companies.

Ultimate parent company

ELIDALBO AG

#0113504

2 parents

LONDON ARTFARM LIMITED

12363019

LONDON ARTFARM LIMITED Shareholders

artfarm limited 100%

london artfarm limited directors

London Artfarm Limited currently has 2 directors. The longest serving directors include Mr Jonathon Cornaby (Dec 2019) and Ms Annabel Emmott (Jan 2025).

officercountryagestartendrole
Mr Jonathon CornabyEngland54 years Dec 2019- Director
Ms Annabel EmmottEngland38 years Jan 2025- Director

P&L

December 2023

turnover

1m

-37%

operating profit

-1.7m

0%

gross margin

71%

+0.46%

turnover

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

Balance Sheet

December 2023

net assets

-1.2m

-3.07%

total assets

12.6m

-0.07%

cash

183.8k

+0.21%

net assets

Total assets minus all liabilities

london artfarm limited company details

company number

12363019

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2019

age

6

incorporated

UK

ultimate parent company

ELIDALBO AG

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

HW FISHER LLP

auditor

-

address

6 grosvenor street, london, W1K 4PZ

Bank

-

Legal Advisor

-

london artfarm 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 found 2 charges/mortgages relating to london artfarm limited. Currently there are 1 open charges and 1 have been satisfied in the past.

london artfarm 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 LONDON ARTFARM LIMITED. This can take several minutes, an email will notify you when this has completed.

london artfarm limited Companies House Filings - See Documents

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