project 3 ventures limited
project 3 ventures limited Company Information
Company Number
12394684
Next Accounts
Sep 2025
Industry
Web portals
Shareholders
dominic mills
karamjeet mills
View AllGroup Structure
View All
Contact
Registered Address
101 new cavendish street, 1st floor south, london, W1W 6XH
Website
-project 3 ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT 3 VENTURES LIMITED at £1.6m based on a Turnover of £1.9m and 0.83x industry multiple (adjusted for size and gross margin).
project 3 ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT 3 VENTURES LIMITED at £0 based on an EBITDA of £-479.3k and a 4.16x industry multiple (adjusted for size and gross margin).
project 3 ventures limited Estimated Valuation
Pomanda estimates the enterprise value of PROJECT 3 VENTURES LIMITED at £0 based on Net Assets of £-229.3k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Project 3 Ventures Limited Overview
Project 3 Ventures Limited is a live company located in london, W1W 6XH with a Companies House number of 12394684. It operates in the web portals sector, SIC Code 63120. Founded in January 2020, it's largest shareholder is dominic mills with a 32.3% stake. Project 3 Ventures Limited is a young, small sized company, Pomanda has estimated its turnover at £1.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Project 3 Ventures Limited Health Check
Pomanda's financial health check has awarded Project 3 Ventures Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£3.5m)
- Project 3 Ventures Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (9.9%)
- Project 3 Ventures Limited
9.9% - Industry AVG
Production
with a gross margin of 53.6%, this company has a comparable cost of product (53.6%)
- Project 3 Ventures Limited
53.6% - Industry AVG
Profitability
an operating margin of -25.4% make it less profitable than the average company (2.9%)
- Project 3 Ventures Limited
2.9% - Industry AVG
Employees
with 15 employees, this is below the industry average (25)
15 - Project 3 Ventures Limited
25 - Industry AVG
Pay Structure
on an average salary of £58.8k, the company has an equivalent pay structure (£58.8k)
- Project 3 Ventures Limited
£58.8k - Industry AVG
Efficiency
resulting in sales per employee of £126.6k, this is less efficient (£158.9k)
- Project 3 Ventures Limited
£158.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Project 3 Ventures Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 98 days, this is slower than average (37 days)
- Project 3 Ventures Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Project 3 Ventures Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (14 weeks)
49 weeks - Project 3 Ventures Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 144%, this is a higher level of debt than the average (65.4%)
144% - Project 3 Ventures Limited
65.4% - Industry AVG
PROJECT 3 VENTURES LIMITED financials
Project 3 Ventures Limited's latest turnover from December 2023 is estimated at £1.9 million and the company has net assets of -£229.3 thousand. According to their latest financial statements, Project 3 Ventures Limited has 15 employees and maintains cash reserves of £513 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| 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 | 15 | 10 | 9 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 4,220 | 6,996 | 3,468 | 0 |
| Intangible Assets | 0 | 0 | 167,029 | 90,192 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,220 | 6,996 | 170,497 | 90,192 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,822 | 99,094 | 47,989 | 69,918 |
| Cash | 512,965 | 326,305 | 400,281 | 113,916 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 516,787 | 425,399 | 448,270 | 183,834 |
| total assets | 521,007 | 432,395 | 618,767 | 274,026 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 236,978 | 38,214 | 8,649 | 5,319 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 302,726 | 391,957 | 140,516 | 35,890 |
| total current liabilities | 539,704 | 430,171 | 149,165 | 41,209 |
| loans | 210,564 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 210,564 | 0 | 0 | 0 |
| total liabilities | 750,268 | 430,171 | 149,165 | 41,209 |
| net assets | -229,261 | 2,224 | 469,602 | 232,817 |
| total shareholders funds | -229,261 | 2,224 | 469,602 | 232,817 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 3,268 | 2,377 | 329 | 0 |
| Amortisation | 0 | 0 | 18,337 | 45,096 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -95,272 | 51,105 | -21,929 | 69,918 |
| Creditors | 198,764 | 29,565 | 3,330 | 5,319 |
| Accruals and Deferred Income | -89,231 | 251,441 | 104,626 | 35,890 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 210,564 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 186,660 | -73,976 | 286,365 | 113,916 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 186,660 | -73,976 | 286,365 | 113,916 |
project 3 ventures limited Credit Report and Business Information
Project 3 Ventures Limited Competitor Analysis
Perform a competitor analysis for project 3 ventures limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
project 3 ventures limited Ownership
PROJECT 3 VENTURES LIMITED group structure
Project 3 Ventures Limited has no subsidiary companies.
Ultimate parent company
PROJECT 3 VENTURES LIMITED
12394684
project 3 ventures limited directors
Project 3 Ventures Limited currently has 6 directors. The longest serving directors include Mr Jonathan Simmons (Jan 2020) and Mr Dominic Mills (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Simmons | England | 50 years | Jan 2020 | - | Director |
| Mr Dominic Mills | England | 49 years | Jan 2020 | - | Director |
| Ms Anna Kissin | England | 61 years | Jan 2020 | - | Director |
| Karamjeet Mills | United Kingdom | 52 years | Feb 2020 | - | Director |
| Ms Sarah Simmons | United Kingdom | 47 years | Feb 2020 | - | Director |
| Mr Marc Parnell | 58 years | Oct 2023 | - | Director |
P&L
December 2023turnover
1.9m
+133%
operating profit
-482.6k
0%
gross margin
53.6%
-15.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-229.3k
-104.08%
total assets
521k
+0.2%
cash
513k
+0.57%
net assets
Total assets minus all liabilities
Similar Companies
project 3 ventures limited company details
company number
12394684
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
101 new cavendish street, 1st floor south, london, W1W 6XH
Bank
-
Legal Advisor
-
project 3 ventures 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 1 charges/mortgages relating to project 3 ventures limited. Currently there are 1 open charges and 0 have been satisfied in the past.
project 3 ventures 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 PROJECT 3 VENTURES LIMITED. This can take several minutes, an email will notify you when this has completed.
project 3 ventures limited Companies House Filings - See Documents
| date | description | view/download |
|---|
