altus solutions limited
altus solutions limited Company Information
Company Number
NI610073
Website
altussolutions.co.ukRegistered Address
1-3 arthur street, belfast, co antrim, BT1 4GA
Industry
Roofing activities
Telephone
01513571966
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
-0%
altus solutions limited Estimated Valuation
The estimated valuation range for altus solutions limited, derived from financial data as of November 2016 and the most recent industry multiples, is between £199.4k to £885.5k
altus solutions limited Estimated Valuation
The estimated valuation range for altus solutions limited, derived from financial data as of November 2016 and the most recent industry multiples, is between £199.4k to £885.5k
altus solutions limited Estimated Valuation
The estimated valuation range for altus solutions limited, derived from financial data as of November 2016 and the most recent industry multiples, is between £199.4k to £885.5k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Altus Solutions Limited Overview
Altus Solutions Limited is a dissolved company that was located in co antrim, BT1 4GA with a Companies House number of NI610073. It operated in the roofing activities sector, SIC Code 43910. Founded in November 2011, it's largest shareholder was unknown. The last turnover for Altus Solutions Limited was estimated at £2.1m.
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Altus Solutions Limited Health Check
Pomanda's financial health check has awarded Altus Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £2.1m, make it larger than the average company (£513.3k)
- Altus Solutions Limited
£513.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 117%, show it is growing at a faster rate (12%)
- Altus Solutions Limited
12% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (26.3%)
- Altus Solutions Limited
26.3% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (7.6%)
- Altus Solutions Limited
7.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (26)
- Altus Solutions Limited
26 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Altus Solutions Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £352.3k, this is more efficient (£233.4k)
- Altus Solutions Limited
£233.4k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (47 days)
- Altus Solutions Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 115 days, this is slower than average (43 days)
- Altus Solutions Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (9 days)
- Altus Solutions Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
0 weeks - Altus Solutions Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.7%, this is a higher level of debt than the average (64.4%)
87.7% - Altus Solutions Limited
64.4% - Industry AVG
altus solutions limited Credit Report and Business Information
Altus Solutions Limited Competitor Analysis
Perform a competitor analysis for altus solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
altus solutions limited Ownership
ALTUS SOLUTIONS LIMITED group structure
Altus Solutions Limited has no subsidiary companies.
Ultimate parent company
ALTUS SOLUTIONS LIMITED
NI610073
altus solutions limited directors
Altus Solutions Limited currently has 2 directors. The longest serving directors include Mr Aidan Durkin (Nov 2011) and Mr Mark Colbert (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aidan Durkin | United Kingdom | 61 years | Nov 2011 | - | Director |
| Mr Mark Colbert | United Kingdom | 59 years | Jul 2014 | - | Director |
ALTUS SOLUTIONS LIMITED financials
Altus Solutions Limited's latest turnover from November 2016 is estimated at £2.1 million and the company has net assets of £76.3 thousand. According to their latest financial statements, we estimate that Altus Solutions Limited has 6 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|
| Tangible Assets | 13,718 | 11,796 | 12,046 | 6,375 | 4,500 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,718 | 11,796 | 12,046 | 6,375 | 4,500 |
| Stock & work in progress | 305,516 | 338,177 | 98,976 | 0 | 0 |
| Trade Debtors | 299,407 | 158,385 | 84,585 | 56,327 | 39,456 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,475 | 30,015 | 22,240 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 606,398 | 526,577 | 205,801 | 56,327 | 39,456 |
| total assets | 620,116 | 538,373 | 217,847 | 62,702 | 43,956 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 543,857 | 504,406 | 188,819 | 50,343 | 37,717 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 543,857 | 504,406 | 188,819 | 50,343 | 37,717 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 543,857 | 504,406 | 188,819 | 50,343 | 37,717 |
| net assets | 76,259 | 33,967 | 29,028 | 12,359 | 6,239 |
| total shareholders funds | 76,259 | 33,967 | 29,028 | 12,359 | 6,239 |
| Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 7,578 | 5,500 | 5,391 | 2,625 | 1,500 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -32,661 | 239,201 | 98,976 | 0 | 0 |
| Debtors | 141,022 | 73,800 | 28,258 | 16,871 | 39,456 |
| Creditors | 39,451 | 315,587 | 138,476 | 12,626 | 37,717 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -28,540 | 7,775 | 22,240 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -28,540 | 7,775 | 22,240 | 0 | 0 |
P&L
November 2016turnover
2.1m
+27%
operating profit
52.8k
0%
gross margin
19.1%
-3.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2016net assets
76.3k
+1.25%
total assets
620.1k
+0.15%
cash
1.5k
-0.95%
net assets
Total assets minus all liabilities
altus solutions limited company details
company number
NI610073
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
November 2011
age
13
accounts
Total Exemption Small
ultimate parent company
previous names
outside leisure services.com limited (July 2012)
incorporated
UK
address
1-3 arthur street, belfast, co antrim, BT1 4GA
last accounts submitted
November 2016
altus solutions 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 altus solutions limited.
altus solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
