Pomanda estimates the enterprise value of ADDERSTONE ASSET MANAGEMENT LIMITED at £4m based on a Turnover of £1.7m and 2.38x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ADDERSTONE ASSET MANAGEMENT LIMITED at £0 based on an EBITDA of £-251.4k and a 6.27x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ADDERSTONE ASSET MANAGEMENT LIMITED at £94.3k based on Net Assets of £51.9k and 1.82x industry multiple (adjusted for liquidity).
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Adderstone Asset Management LimitedOverview
Adderstone Asset Management Limited is a live company located in newcastle upon tyne, NE2 3AE with a Companies House number of 13288723. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in March 2021, it's largest shareholder is
adderstone 1993 limited
with a 100% stake. Adderstone Asset Management Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Adderstone Asset Management 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 Rating1.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £1.7m, make it larger than the average company (£414k)
£1.7m - Adderstone Asset Management Limited
£414k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Adderstone Asset Management Limited
- - Industry AVG
Production
with a gross margin of 58%, this company has a comparable cost of product (58%)
58% - Adderstone Asset Management Limited
58% - Industry AVG
Profitability
an operating margin of -18.2% make it less profitable than the average company (7.7%)
-18.2% - Adderstone Asset Management Limited
7.7% - Industry AVG
Employees
with 25 employees, this is above the industry average (6)
25 - Adderstone Asset Management Limited
6 - Industry AVG
Pay Structure
on an average salary of £40k, the company has an equivalent pay structure (£40k)
£40k - Adderstone Asset Management Limited
£40k - Industry AVG
Efficiency
resulting in sales per employee of £66.7k, this is less efficient (£101.5k)
£66.7k - Adderstone Asset Management Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (46 days)
58 days - Adderstone Asset Management Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (30 days)
21 days - Adderstone Asset Management Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Adderstone Asset Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (46 weeks)
4 weeks - Adderstone Asset Management Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.2%, this is a higher level of debt than the average (60.2%)
97.2% - Adderstone Asset Management Limited
60.2% - Industry AVG
ADDERSTONE ASSET MANAGEMENT LIMITED financials
EXPORT
Adderstone Asset Management Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £51.9 thousand. According to their latest financial statements, Adderstone Asset Management Limited has 25 employees and maintains cash reserves of £172 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
1,668,267
3,758,352
2,103,086
Other Income Or Grants
Cost Of Sales
699,949
1,480,345
850,636
Gross Profit
968,318
2,278,007
1,252,450
Admin Expenses
1,272,679
660,380
261,279
Operating Profit
-304,361
1,617,627
991,171
Interest Payable
Interest Receivable
11,104
Pre-Tax Profit
-293,257
1,617,627
991,171
Tax
-303,419
-60,226
Profit After Tax
-293,257
1,314,208
930,945
Dividends Paid
1,900,000
Retained Profit
-293,257
-585,792
930,945
Employee Costs
999,101
1,143,412
588,436
Number Of Employees
25
29
16
EBITDA*
-251,441
1,667,542
1,024,817
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
23,882
67,699
68,311
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
23,882
67,699
68,311
Stock & work in progress
Trade Debtors
267,490
441,471
632,461
Group Debtors
494,087
420,536
235,426
Misc Debtors
896,476
33,034
62,663
Cash
172,016
251,007
459,710
misc current assets
total current assets
1,830,069
1,146,048
1,390,260
total assets
1,853,951
1,213,747
1,458,571
Bank overdraft
Bank loan
Trade Creditors
40,474
88,349
329,946
Group/Directors Accounts
1,148,569
321,384
other short term finances
hp & lease commitments
other current liabilities
613,011
458,860
197,679
total current liabilities
1,802,054
868,593
527,625
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,802,054
868,593
527,625
net assets
51,897
345,154
930,946
total shareholders funds
51,897
345,154
930,946
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-304,361
1,617,627
991,171
Depreciation
52,920
49,915
33,646
Amortisation
Tax
-303,419
-60,226
Stock
Debtors
763,012
-35,509
930,550
Creditors
-47,875
-241,597
329,946
Accruals and Deferred Income
154,151
261,181
197,679
Deferred Taxes & Provisions
Cash flow from operations
-908,177
1,419,216
561,666
Investing Activities
capital expenditure
-9,103
-49,303
-101,957
Change in Investments
cash flow from investments
-9,103
-49,303
-101,957
Financing Activities
Bank loans
Group/Directors Accounts
827,185
321,384
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
11,104
cash flow from financing
838,289
321,384
1
cash and cash equivalents
cash
-78,991
-208,703
459,710
overdraft
change in cash
-78,991
-208,703
459,710
adderstone asset management limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for adderstone asset management limited. Get real-time insights into adderstone asset management limited's credit score, group structure and payment trends.
Perform a competitor analysis for adderstone asset management limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.
adderstone asset management limited Ownership
ADDERSTONE ASSET MANAGEMENT LIMITED group structure
Adderstone Asset Management Limited has no subsidiary companies.
The sole shareholder of Adderstone Asset Management Limited is Adderstone 1993 Limited.
adderstone 1993 limited
100%
adderstone asset management limited directors
Adderstone Asset Management Limited currently has 5 directors.
The longest serving directors include
Dr Ian Baggett (Mar 2021) and
Mr Michael Shipley (Sep 2021).
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 adderstone asset management limited.
adderstone asset management 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.
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adderstone asset management limitedCompanies House Filings - See Documents
