ardtole developments limited
ardtole developments limited Company Information
Company Number
NI638241
Next Accounts
1338 days late
Industry
Non-specialised wholesale trade
Other telecommunications activities
Directors
Shareholders
eduards astasenkovs
Group Structure
View All
Contact
Registered Address
12 stirling road, belfast, BT6 9LX
Website
-ardtole developments limited Estimated Valuation
Pomanda estimates the enterprise value of ARDTOLE DEVELOPMENTS LIMITED at £45k based on a Turnover of £103.4k and 0.43x industry multiple (adjusted for size and gross margin).
ardtole developments limited Estimated Valuation
Pomanda estimates the enterprise value of ARDTOLE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-100.4k and a 2.88x industry multiple (adjusted for size and gross margin).
ardtole developments limited Estimated Valuation
Pomanda estimates the enterprise value of ARDTOLE DEVELOPMENTS LIMITED at £26.8k based on Net Assets of £10.2k and 2.64x industry multiple (adjusted for liquidity).
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Ardtole Developments Limited Overview
Ardtole Developments Limited is a live company located in belfast, BT6 9LX with a Companies House number of NI638241. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 2016, it's largest shareholder is eduards astasenkovs with a 100% stake. Ardtole Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £103.4k with unknown growth in recent years.
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Ardtole Developments Limited Health Check
Pomanda's financial health check has awarded Ardtole Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £103.4k, make it smaller than the average company (£10.9m)
- Ardtole Developments Limited
£10.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ardtole Developments Limited
- - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (33.5%)
- Ardtole Developments Limited
33.5% - Industry AVG
Profitability
an operating margin of -97.1% make it less profitable than the average company (4.5%)
- Ardtole Developments Limited
4.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (47)
1 - Ardtole Developments Limited
47 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Ardtole Developments Limited
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £103.4k, this is less efficient (£263.6k)
- Ardtole Developments Limited
£263.6k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (49 days)
- Ardtole Developments Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is quicker than average (41 days)
- Ardtole Developments Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ardtole Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ardtole Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.4%, this is a similar level of debt than the average (61.6%)
62.4% - Ardtole Developments Limited
61.6% - Industry AVG
ARDTOLE DEVELOPMENTS LIMITED financials
Ardtole Developments Limited's latest turnover from May 2019 is estimated at £103.4 thousand and the company has net assets of £10.2 thousand. According to their latest financial statements, Ardtole Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | May 2018 | May 2017 | |
|---|---|---|---|
| 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
| May 2019 | May 2018 | May 2017 | |
|---|---|---|---|
| Tangible Assets | 1,000 | 62,433 | 72,634 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 1,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 2,000 | 62,433 | 72,634 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 25,000 | 457,686 | 213,976 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 25,000 | 457,686 | 213,976 |
| total assets | 27,000 | 520,119 | 286,610 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 8,425 | 409,524 | 243,506 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 8,425 | 409,524 | 243,506 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 8,425 | 0 | 0 |
| total long term liabilities | 8,425 | 0 | 0 |
| total liabilities | 16,850 | 409,524 | 243,506 |
| net assets | 10,150 | 110,595 | 43,104 |
| total shareholders funds | 10,150 | 110,595 | 43,104 |
| May 2019 | May 2018 | May 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -432,686 | 243,710 | 213,976 |
| Creditors | -401,099 | 166,018 | 243,506 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 8,425 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 1,000 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
ardtole developments limited Credit Report and Business Information
Ardtole Developments Limited Competitor Analysis
Perform a competitor analysis for ardtole developments limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BT6 area or any other competitors across 12 key performance metrics.
ardtole developments limited Ownership
ARDTOLE DEVELOPMENTS LIMITED group structure
Ardtole Developments Limited has no subsidiary companies.
Ultimate parent company
ARDTOLE DEVELOPMENTS LIMITED
NI638241
ardtole developments limited directors
Ardtole Developments Limited currently has 1 director, Mr Eduards Astasenkovs serving since Jun 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eduards Astasenkovs | England | 47 years | Jun 2019 | - | Director |
P&L
May 2019turnover
103.4k
-94%
operating profit
-100.4k
0%
gross margin
18.8%
+0.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
10.2k
-0.91%
total assets
27k
-0.95%
cash
0
0%
net assets
Total assets minus all liabilities
ardtole developments limited company details
company number
NI638241
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
61900 - Other telecommunications activities
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2019
previous names
N/A
accountant
-
auditor
-
address
12 stirling road, belfast, BT6 9LX
Bank
-
Legal Advisor
-
ardtole developments 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 ardtole developments limited.
ardtole developments 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.
Click to start generating capital raising & share issue transactions for ARDTOLE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
ardtole developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
