ares network services ltd
ares network services ltd Company Information
Group Structure
View All
Industry
Construction of railways and underground railways
Registered Address
marshalls farmhouse, hollingbourne, maidstone, kent, ME17 1QL
Website
-ares network services ltd Estimated Valuation
Pomanda estimates the enterprise value of ARES NETWORK SERVICES LTD at £6.4k based on a Turnover of £41.4k and 0.16x industry multiple (adjusted for size and gross margin).
ares network services ltd Estimated Valuation
Pomanda estimates the enterprise value of ARES NETWORK SERVICES LTD at £20.1k based on an EBITDA of £8.8k and a 2.28x industry multiple (adjusted for size and gross margin).
ares network services ltd Estimated Valuation
Pomanda estimates the enterprise value of ARES NETWORK SERVICES LTD at £10.6k based on Net Assets of £6k and 1.77x industry multiple (adjusted for liquidity).
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Ares Network Services Ltd Overview
Ares Network Services Ltd is a live company located in maidstone, ME17 1QL with a Companies House number of 13029794. It operates in the construction of railways and underground railways sector, SIC Code 42120. Founded in November 2020, it's largest shareholder is terence amsbury with a 100% stake. Ares Network Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £41.4k with unknown growth in recent years.
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Ares Network Services Ltd Health Check
Pomanda's financial health check has awarded Ares Network Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £41.4k, make it smaller than the average company (£207.3k)
- Ares Network Services Ltd
£207.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ares Network Services Ltd
- - Industry AVG
Production
with a gross margin of 18.9%, this company has a comparable cost of product (18.9%)
- Ares Network Services Ltd
18.9% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (6.4%)
- Ares Network Services Ltd
6.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Ares Network Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Ares Network Services Ltd
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £41.4k, this is less efficient (£87.1k)
- Ares Network Services Ltd
£87.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (62 days)
- Ares Network Services Ltd
62 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ares Network Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ares Network Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (26 weeks)
2 weeks - Ares Network Services Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.8%, this is a higher level of debt than the average (62.7%)
75.8% - Ares Network Services Ltd
62.7% - Industry AVG
ARES NETWORK SERVICES LTD financials
Ares Network Services Ltd's latest turnover from November 2023 is estimated at £41.4 thousand and the company has net assets of £6 thousand. According to their latest financial statements, Ares Network Services Ltd has 1 employee and maintains cash reserves of £96 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Tangible Assets | 4,639 | ||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 4,639 | ||
| Stock & work in progress | |||
| Trade Debtors | 2,250 | ||
| Group Debtors | |||
| Misc Debtors | 17,820 | ||
| Cash | 96 | 1 | 1 |
| misc current assets | |||
| total current assets | 20,166 | 1 | 1 |
| total assets | 24,805 | 1 | 1 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 2,285 | ||
| total current liabilities | 2,285 | ||
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 16,524 | ||
| provisions | |||
| total long term liabilities | 16,524 | ||
| total liabilities | 18,809 | ||
| net assets | 5,996 | 1 | 1 |
| total shareholders funds | 5,996 | 1 | 1 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 819 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 20,070 | ||
| Creditors | |||
| Accruals and Deferred Income | 2,285 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 16,524 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 95 | 1 | |
| overdraft | |||
| change in cash | 95 | 1 |
ares network services ltd Credit Report and Business Information
Ares Network Services Ltd Competitor Analysis
Perform a competitor analysis for ares network services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in ME17 area or any other competitors across 12 key performance metrics.
ares network services ltd Ownership
ARES NETWORK SERVICES LTD group structure
Ares Network Services Ltd has no subsidiary companies.
Ultimate parent company
ARES NETWORK SERVICES LTD
13029794
ares network services ltd directors
Ares Network Services Ltd currently has 1 director, Mr Terence Amsbury serving since Jan 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terence Amsbury | England | 40 years | Jan 2022 | - | Director |
P&L
November 2023turnover
41.4k
0%
operating profit
8k
0%
gross margin
18.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
6k
+5995%
total assets
24.8k
+24804%
cash
96
+95%
net assets
Total assets minus all liabilities
Similar Companies
ares network services ltd company details
company number
13029794
Type
Private limited with Share Capital
industry
42120 - Construction of railways and underground railways
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
ares network systems ltd (November 2020)
zeroxol limited (November 2020)
accountant
-
auditor
-
address
marshalls farmhouse, hollingbourne, maidstone, kent, ME17 1QL
Bank
-
Legal Advisor
-
ares network services 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 ares network services ltd.
ares network services 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.
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ares network services ltd Companies House Filings - See Documents
| date | description | view/download |
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