building 78a, m a c c business park, campbeltown, PA28 6NU
Website
-
altarange ltdEstimated Valuation
£427.8k
Pomanda estimates the enterprise value of ALTARANGE LTD at £427.8k based on a Turnover of £449.2k and 0.95x industry multiple (adjusted for size and gross margin).
altarange ltdEstimated Valuation
£279.9k
Pomanda estimates the enterprise value of ALTARANGE LTD at £279.9k based on an EBITDA of £76.2k and a 3.68x industry multiple (adjusted for size and gross margin).
altarange ltdEstimated Valuation
£103.1k
Pomanda estimates the enterprise value of ALTARANGE LTD at £103.1k based on Net Assets of £39.7k and 2.6x industry multiple (adjusted for liquidity).
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Altarange LtdOverview
Altarange Ltd is a live company located in campbeltown, PA28 6NU with a Companies House number of SC674636. It operates in the satellite telecommunications activities sector, SIC Code 61300. Founded in September 2020, it's largest shareholder is
greyspace holdings limited
with a 50% stake. Altarange Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£449.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Altarange Ltd 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
Health Rating3.5out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £449.2k, make it smaller than the average company (£9.3m)
£449.2k - Altarange Ltd
£9.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Altarange Ltd
- - Industry AVG
Production
with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)
32.9% - Altarange Ltd
32.9% - Industry AVG
Profitability
an operating margin of 10.6% make it more profitable than the average company (4.2%)
10.6% - Altarange Ltd
4.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (32)
7 - Altarange Ltd
32 - Industry AVG
Pay Structure
on an average salary of £64.9k, the company has an equivalent pay structure (£64.9k)
£64.9k - Altarange Ltd
£64.9k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£205.4k)
£64.2k - Altarange Ltd
£205.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (50 days)
1 days - Altarange Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (49 days)
15 days - Altarange Ltd
49 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Altarange Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is more cash available to meet short term requirements (10 weeks)
18 weeks - Altarange Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (66.9%)
76.8% - Altarange Ltd
66.9% - Industry AVG
ALTARANGE LTD financials
EXPORT
Altarange Ltd's latest turnover from September 2023 is estimated at £449.2 thousand and the company has net assets of £39.7 thousand. According to their latest financial statements, Altarange Ltd has 7 employees and maintains cash reserves of £47.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Turnover
449,232
854,772
199,380
Other Income Or Grants
Cost Of Sales
301,591
568,361
127,564
Gross Profit
147,641
286,411
71,816
Admin Expenses
99,909
269,299
83,638
Operating Profit
47,732
17,112
-11,822
Interest Payable
Interest Receivable
1,930
412
5
Pre-Tax Profit
49,661
17,525
-11,817
Tax
-12,415
-3,330
Profit After Tax
37,246
14,195
-11,817
Dividends Paid
Retained Profit
37,246
14,195
-11,817
Employee Costs
454,448
443,955
58,925
Number Of Employees
7
7
1
EBITDA*
76,151
59,016
19,340
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Tangible Assets
27,716
52,643
62,325
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
27,716
52,643
62,325
Stock & work in progress
Trade Debtors
2,376
Group Debtors
Misc Debtors
93,283
80,945
9,409
Cash
47,536
25,979
10,683
misc current assets
total current assets
143,195
106,924
20,092
total assets
170,911
159,567
82,417
Bank overdraft
Bank loan
Trade Creditors
12,553
11,317
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
117,813
141,298
77,467
total current liabilities
130,366
152,615
77,467
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
3,653
16,667
provisions
821
821
total long term liabilities
821
4,474
16,667
total liabilities
131,187
157,089
94,134
net assets
39,724
2,478
-11,717
total shareholders funds
39,724
2,478
-11,717
Sep 2023
Sep 2022
Sep 2021
Operating Activities
Operating Profit
47,732
17,112
-11,822
Depreciation
28,419
41,904
31,162
Amortisation
Tax
-12,415
-3,330
Stock
Debtors
14,714
71,536
9,409
Creditors
1,236
11,317
Accruals and Deferred Income
-23,485
63,831
77,467
Deferred Taxes & Provisions
821
Cash flow from operations
26,773
60,119
87,398
Investing Activities
capital expenditure
-3,492
-32,222
-93,487
Change in Investments
cash flow from investments
-3,492
-32,222
-93,487
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-3,653
-13,014
16,667
share issue
100
interest
1,930
412
5
cash flow from financing
-1,723
-12,602
16,772
cash and cash equivalents
cash
21,557
15,296
10,683
overdraft
change in cash
21,557
15,296
10,683
altarange ltd 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 altarange ltd. Get real-time insights into altarange ltd's credit score, group structure and payment trends.
Perform a competitor analysis for altarange ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in PA28 area or any other competitors across 12 key performance metrics.
altarange ltd Ownership
ALTARANGE LTD group structure
Altarange Ltd has no subsidiary companies.
Ultimate parent company
ALTARANGE LTD
SC674636
ALTARANGE LTD Shareholders
The largest shareholders in Altarange Ltd include Greyspace Holdings Limited and Adriaan Schutte.
greyspace holdings limited
50%
adriaan schutte
25%
debbie schutte
25%
altarange ltd directors
Altarange Ltd currently has 4 directors.
The longest serving directors include
Mr Andrew Grey (Sep 2020) and
Mr Andrew Grey (Sep 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
39.7k
+15.03%
total assets
170.9k
+0.07%
cash
47.5k
+0.83%
net assets
Total assets minus all liabilities
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Similar companies unavailable for this selection
altarange ltd company details
company number
SC674636
Type
Private limited with Share Capital
industry
61300 - Satellite telecommunications activities
61200 - Wireless telecommunications activities
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
building 78a, m a c c business park, campbeltown, PA28 6NU
Bank
-
Legal Advisor
-
altarange ltd 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 altarange ltd.
altarange ltd 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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altarange ltdCompanies House Filings - See Documents
