trans adriatic express limited
trans adriatic express limited Company Information
Company Number
14134537
Next Accounts
Sep 2025
Shareholders
exa infrastructure adriatic uk limited
trans adriatic pipeline ag
Group Structure
View All
Industry
Other telecommunications activities
Registered Address
5th floor 40 strand, london, WC2N 5RW
Website
-trans adriatic express limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS ADRIATIC EXPRESS LIMITED at £233.1k based on a Turnover of £292.6k and 0.8x industry multiple (adjusted for size and gross margin).
trans adriatic express limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS ADRIATIC EXPRESS LIMITED at £0 based on an EBITDA of £-589.4k and a 3.36x industry multiple (adjusted for size and gross margin).
trans adriatic express limited Estimated Valuation
Pomanda estimates the enterprise value of TRANS ADRIATIC EXPRESS LIMITED at £169.9m based on Net Assets of £70.5m and 2.41x industry multiple (adjusted for liquidity).
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Trans Adriatic Express Limited Overview
Trans Adriatic Express Limited is a live company located in london, WC2N 5RW with a Companies House number of 14134537. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in May 2022, it's largest shareholder is exa infrastructure adriatic uk limited with a 60% stake. Trans Adriatic Express Limited is a startup, micro sized company, Pomanda has estimated its turnover at £292.6k with unknown growth in recent years.
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Trans Adriatic Express Limited Health Check
Pomanda's financial health check has awarded Trans Adriatic Express Limited 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 £292.6k, make it smaller than the average company (£14.1m)
£292.6k - Trans Adriatic Express Limited
£14.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Trans Adriatic Express Limited
- - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
39% - Trans Adriatic Express Limited
39% - Industry AVG
Profitability
an operating margin of -265.5% make it less profitable than the average company (4.2%)
-265.5% - Trans Adriatic Express Limited
4.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (54)
- Trans Adriatic Express Limited
54 - Industry AVG
Pay Structure
on an average salary of £66.3k, the company has an equivalent pay structure (£66.3k)
- Trans Adriatic Express Limited
£66.3k - Industry AVG
Efficiency
resulting in sales per employee of £146.3k, this is less efficient (£239.5k)
- Trans Adriatic Express Limited
£239.5k - Industry AVG
Debtor Days
it gets paid by customers after 367 days, this is later than average (40 days)
367 days - Trans Adriatic Express Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 2923 days, this is slower than average (43 days)
2923 days - Trans Adriatic Express Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Trans Adriatic Express Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 85 weeks, this is more cash available to meet short term requirements (8 weeks)
85 weeks - Trans Adriatic Express Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (65.7%)
2% - Trans Adriatic Express Limited
65.7% - Industry AVG
TRANS ADRIATIC EXPRESS LIMITED financials
Trans Adriatic Express Limited's latest turnover from December 2023 is £292.6 thousand and the company has net assets of £70.5 million. According to their latest financial statements, we estimate that Trans Adriatic Express Limited has 2 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Turnover | 292,598 | |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | -776,926 | -685,228 |
| Interest Payable | 3,334 | |
| Interest Receivable | ||
| Pre-Tax Profit | -967,823 | -685,228 |
| Tax | ||
| Profit After Tax | -967,823 | -685,228 |
| Dividends Paid | ||
| Retained Profit | -967,823 | -685,228 |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* | -589,363 | -685,228 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 47,745,081 | |
| Intangible Assets | ||
| Investments & Other | 19,325,609 | |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 67,070,690 | |
| Stock & work in progress | ||
| Trade Debtors | 294,265 | 72,107,369 |
| Group Debtors | ||
| Misc Debtors | 2,167,389 | |
| Cash | 2,351,617 | |
| misc current assets | ||
| total current assets | 4,813,271 | 72,107,369 |
| total assets | 71,883,961 | 72,107,369 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 1,429,643 | 685,228 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 1,429,643 | 685,228 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 1,429,643 | 685,228 |
| net assets | 70,454,318 | 71,422,141 |
| total shareholders funds | 70,454,318 | 71,422,141 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -776,926 | -685,228 |
| Depreciation | 187,563 | |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -69,645,716 | 72,107,369 |
| Creditors | 744,415 | 685,228 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | 69,800,768 | -72,107,369 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 19,325,609 | |
| 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 | ||
| share issue | ||
| interest | -3,334 | |
| cash flow from financing | -3,334 | 72,107,369 |
| cash and cash equivalents | ||
| cash | 2,351,617 | |
| overdraft | ||
| change in cash | 2,351,617 |
trans adriatic express limited Credit Report and Business Information
Trans Adriatic Express Limited Competitor Analysis
Perform a competitor analysis for trans adriatic express limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2N area or any other competitors across 12 key performance metrics.
trans adriatic express limited Ownership
TRANS ADRIATIC EXPRESS LIMITED group structure
Trans Adriatic Express Limited has no subsidiary companies.
Ultimate parent company
CUBE TELECOM EUROPE AGGREGATOR LLC
#0127425
2 parents
TRANS ADRIATIC EXPRESS LIMITED
14134537
trans adriatic express limited directors
Trans Adriatic Express Limited currently has 4 directors. The longest serving directors include Mr Pierluca Ferrari (May 2022) and Mr Anthony Mulgrove (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pierluca Ferrari | United Kingdom | 60 years | May 2022 | - | Director |
| Mr Anthony Mulgrove | United Kingdom | 60 years | May 2022 | - | Director |
| Mr Steven Roberts | United Kingdom | 52 years | Mar 2024 | - | Director |
| Ms Kate Hennessy | United Kingdom | 51 years | Jan 2025 | - | Director |
P&L
December 2023turnover
292.6k
0%
operating profit
-776.9k
+13%
gross margin
39%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
70.5m
-0.01%
total assets
71.9m
0%
cash
2.4m
0%
net assets
Total assets minus all liabilities
Similar Companies
trans adriatic express limited company details
company number
14134537
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
May 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
5th floor 40 strand, london, WC2N 5RW
Bank
-
Legal Advisor
-
trans adriatic express 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 did not find charges/mortgages relating to trans adriatic express limited.
trans adriatic express 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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trans adriatic express limited Companies House Filings - See Documents
| date | description | view/download |
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