adam2020 ltd
adam2020 ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
+3Registered Address
collingwood buildings, 38 collingwood street, newcastle upon tyne, NE1 1JF
Website
adam2020.co.ukadam2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of ADAM2020 LTD at £215.7k based on a Turnover of £109.6k and 1.97x industry multiple (adjusted for size and gross margin).
adam2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of ADAM2020 LTD at £119.2k based on an EBITDA of £21.1k and a 5.65x industry multiple (adjusted for size and gross margin).
adam2020 ltd Estimated Valuation
Pomanda estimates the enterprise value of ADAM2020 LTD at £40.8k based on Net Assets of £21k and 1.94x industry multiple (adjusted for liquidity).
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Adam2020 Ltd Overview
Adam2020 Ltd is a live company located in newcastle upon tyne, NE1 1JF with a Companies House number of 12408352. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in January 2020, it's largest shareholder is adam rasheed with a 100% stake. Adam2020 Ltd is a young, micro sized company, Pomanda has estimated its turnover at £109.6k with rapid growth in recent years.
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Adam2020 Ltd Health Check
Pomanda's financial health check has awarded Adam2020 Ltd a 3.5 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 £109.6k, make it smaller than the average company (£2.5m)
- Adam2020 Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 298%, show it is growing at a faster rate (6.5%)
- Adam2020 Ltd
6.5% - Industry AVG
Production
with a gross margin of 59.6%, this company has a comparable cost of product (59.6%)
- Adam2020 Ltd
59.6% - Industry AVG
Profitability
an operating margin of 19.2% make it more profitable than the average company (15.1%)
- Adam2020 Ltd
15.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Adam2020 Ltd
15 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Adam2020 Ltd
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £109.6k, this is less efficient (£170.5k)
- Adam2020 Ltd
£170.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Adam2020 Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (32 days)
- Adam2020 Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Adam2020 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (12 weeks)
31 weeks - Adam2020 Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (62.8%)
99.3% - Adam2020 Ltd
62.8% - Industry AVG
ADAM2020 LTD financials
Adam2020 Ltd's latest turnover from January 2024 is estimated at £109.6 thousand and the company has net assets of £21 thousand. According to their latest financial statements, Adam2020 Ltd has 1 employee and maintains cash reserves of £5.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 2,790,666 | 1,424,774 | 1,424,774 | 1,424,774 |
| Debtors (Due After 1 year) | 0 | 11,100 | 14,119 | 0 |
| Total Fixed Assets | 2,790,666 | 1,435,874 | 1,438,893 | 1,424,774 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 5,901 | 16,148 | 13,288 | 18,487 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 5,901 | 16,148 | 13,288 | 18,487 |
| total assets | 2,796,567 | 1,452,022 | 1,452,181 | 1,443,261 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,200 | 1,000 | 1,000 | 500 |
| 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 | 8,502 | 4,804 | 5,444 | 230 |
| total current liabilities | 9,702 | 5,804 | 6,444 | 730 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 2,765,852 | 1,441,450 | 1,441,450 | 1,441,450 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,765,852 | 1,441,450 | 1,441,450 | 1,441,450 |
| total liabilities | 2,775,554 | 1,447,254 | 1,447,894 | 1,442,180 |
| net assets | 21,013 | 4,768 | 4,287 | 1,081 |
| total shareholders funds | 21,013 | 4,768 | 4,287 | 1,081 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -11,100 | -3,019 | 14,119 | 0 |
| Creditors | 200 | 0 | 500 | 500 |
| Accruals and Deferred Income | 3,698 | -640 | 5,214 | 230 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 1,365,892 | 0 | 0 | 1,424,774 |
| 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,324,402 | 0 | 0 | 1,441,450 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -10,247 | 2,860 | -5,199 | 18,487 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -10,247 | 2,860 | -5,199 | 18,487 |
adam2020 ltd Credit Report and Business Information
Adam2020 Ltd Competitor Analysis
Perform a competitor analysis for adam2020 ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
adam2020 ltd Ownership
ADAM2020 LTD group structure
Adam2020 Ltd has no subsidiary companies.
Ultimate parent company
ADAM2020 LTD
12408352
adam2020 ltd directors
Adam2020 Ltd currently has 1 director, Mr Adam Rasheed serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Rasheed | 49 years | Jan 2020 | - | Director |
P&L
January 2024turnover
109.6k
+5%
operating profit
21.1k
0%
gross margin
59.7%
-1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
21k
+3.41%
total assets
2.8m
+0.93%
cash
5.9k
-0.63%
net assets
Total assets minus all liabilities
adam2020 ltd company details
company number
12408352
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
62020 - Computer consultancy activities
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
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
MIAH AND CO
auditor
-
address
collingwood buildings, 38 collingwood street, newcastle upon tyne, NE1 1JF
Bank
-
Legal Advisor
-
adam2020 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 did not find charges/mortgages relating to adam2020 ltd.
adam2020 ltd 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 ADAM2020 LTD. This can take several minutes, an email will notify you when this has completed.
adam2020 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
