adria 2 limited
adria 2 limited Company Information
Company Number
NI633659
Next Accounts
Jun 2025
Industry
Preparation and spinning of textile fibres
Directors
Shareholders
adrian noskwith
Group Structure
View All
Contact
Registered Address
unit 2 9 derry road, strabane, co. tyrone, BT82 8DT
Website
-adria 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIA 2 LIMITED at £551k based on a Turnover of £2.4m and 0.23x industry multiple (adjusted for size and gross margin).
adria 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIA 2 LIMITED at £0 based on an EBITDA of £-94.5k and a 2.77x industry multiple (adjusted for size and gross margin).
adria 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ADRIA 2 LIMITED at £0 based on Net Assets of £-1.1m and 1.76x industry multiple (adjusted for liquidity).
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Adria 2 Limited Overview
Adria 2 Limited is a live company located in co. tyrone, BT82 8DT with a Companies House number of NI633659. It operates in the preparation and spinning of textile fibres sector, SIC Code 13100. Founded in September 2015, it's largest shareholder is adrian noskwith with a 100% stake. Adria 2 Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with declining growth in recent years.
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Adria 2 Limited Health Check
Pomanda's financial health check has awarded Adria 2 Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£11.7m)
- Adria 2 Limited
£11.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (1.7%)
- Adria 2 Limited
1.7% - Industry AVG
Production
with a gross margin of 15.6%, this company has a higher cost of product (23%)
- Adria 2 Limited
23% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (4.2%)
- Adria 2 Limited
4.2% - Industry AVG
Employees
with 5 employees, this is below the industry average (77)
5 - Adria 2 Limited
77 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Adria 2 Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £474.1k, this is more efficient (£129.6k)
- Adria 2 Limited
£129.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (54 days)
- Adria 2 Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 231 days, this is slower than average (32 days)
- Adria 2 Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Adria 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Adria 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 820%, this is a higher level of debt than the average (41.9%)
820% - Adria 2 Limited
41.9% - Industry AVG
ADRIA 2 LIMITED financials
Adria 2 Limited's latest turnover from September 2023 is estimated at £2.4 million and the company has net assets of -£1.1 million. According to their latest financial statements, Adria 2 Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 6 | 7 | 6 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 127,115 | 158,893 | 198,755 | 248,717 | 309,152 | 91,472 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 127,115 | 158,893 | 198,755 | 248,717 | 309,152 | 91,472 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,967 | 18,793 | 27,077 | 52,659 | 148,879 | 313,981 | 23,456 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,992 | 1,992 | 1,992 | 2,079 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,089 | 0 | 0 |
| total current assets | 28,959 | 20,785 | 29,069 | 54,738 | 148,879 | 315,070 | 23,456 | 0 |
| total assets | 156,074 | 179,678 | 227,824 | 303,455 | 458,031 | 406,542 | 23,456 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,267,512 | 1,196,597 | 1,114,656 | 1,086,531 | 1,063,162 | 736,983 | 332,245 | 91,978 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,267,512 | 1,196,597 | 1,114,656 | 1,086,531 | 1,063,162 | 736,983 | 332,245 | 91,978 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,658 | 4,658 | 4,058 | 3,782 | 0 | 53,507 | 0 | 0 |
| other liabilities | 7,651 | 7,651 | 35,000 | 30,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,309 | 12,309 | 39,058 | 33,782 | 0 | 53,507 | 0 | 0 |
| total liabilities | 1,279,821 | 1,208,906 | 1,153,714 | 1,120,313 | 1,063,162 | 790,490 | 332,245 | 91,978 |
| net assets | -1,123,747 | -1,029,228 | -925,890 | -816,858 | -605,131 | -383,948 | -308,789 | -91,978 |
| total shareholders funds | -1,123,747 | -1,029,228 | -925,890 | -816,858 | -605,131 | -383,948 | -308,789 | -91,978 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,174 | -8,284 | -25,669 | -94,141 | -165,102 | 290,525 | 23,456 | 0 |
| Creditors | 70,915 | 81,941 | 28,125 | 23,369 | 326,179 | 404,738 | 240,267 | 91,978 |
| Accruals and Deferred Income | 0 | 600 | 276 | 3,782 | -53,507 | 53,507 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -27,349 | 5,000 | 30,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
adria 2 limited Credit Report and Business Information
Adria 2 Limited Competitor Analysis
Perform a competitor analysis for adria 2 limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BT82 area or any other competitors across 12 key performance metrics.
adria 2 limited Ownership
ADRIA 2 LIMITED group structure
Adria 2 Limited has no subsidiary companies.
Ultimate parent company
ADRIA 2 LIMITED
NI633659
adria 2 limited directors
Adria 2 Limited currently has 1 director, Mr Adrian Noskwith serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Noskwith | England | 65 years | Sep 2015 | - | Director |
P&L
September 2023turnover
2.4m
+22%
operating profit
-94.5k
0%
gross margin
15.6%
+4.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-1.1m
+0.09%
total assets
156.1k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
adria 2 limited company details
company number
NI633659
Type
Private limited with Share Capital
industry
13100 - Preparation and spinning of textile fibres
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
POOLE & CO
auditor
-
address
unit 2 9 derry road, strabane, co. tyrone, BT82 8DT
Bank
-
Legal Advisor
-
adria 2 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 adria 2 limited.
adria 2 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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adria 2 limited Companies House Filings - See Documents
| date | description | view/download |
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