Atrium Limited – Prospectbook

Prospect

Target status: x

Upload date: 03/05/2019

Last updated on: 13/11/2020

Who are the important people in the company?

• Ulysse Xavier Mathias Dormoy – Sales Director & Owner
Correspondence address: Craven House, 16 Northumberland Avenue, London, WC2N 5AP
Date of birth: February 1970
Nationality: British
Nature of control
Ownership of shares – More than 50% but less than 75%
Ownership of voting rights – More than 50% but less than 75%
Country of residence: United Kingdom

• Helen Mary Dormoy – Accountant Director
Correspondence address: Craven House, 16 Northumberland Avenue, London, WC2N 5AP
Date of birth: April 1970
Nationality: British
Country of residence: United Kingdom
Occupation: Accountant

What is the structure of the company?

• Statement of Capital (Share Capital)
Class of Shares: A ORDINARY
Currency: GBP
Number Allotted: 2000000
Aggregate nominal value: 20000

Class of Shares: B ORDINARY
Currency: GBP
Number Allotted: 500000
Aggregate nominal value: 5000

Class of Shares: C ORDINARY
Currency: GBP
Number Allotted: 121359
Aggregate nominal value: 1213.59

• Statement of Capital (Total)
Currency: GBP
Number Allotted: 2621359
Aggregate nominal value: 26213.59

• Full Details of Shareholders

Shareholding 1: 2000000 A Ordinary – shares held as at the date of this confirmation statement
Name: ATRIUM GROUP HOLDINGS LIMITED

Shareholding 2: 20000 transferred on 2019-03-11
1480000 transferred on 2019-03-12
0 A Ordinary – shares held as at the date of this confirmation statement
Name: ULYSSE XAVIER MATHIAS DORMOY

Shareholding 3: 520000 transferred on 2019-03-12
0 A Ordinary – shares held as at the date of this confirmation statement
Name: HELEN MARY DORMOY

Shareholding 4: 500000 B Ordinary – shares held as at the date of this confirmation statement
Name: MR SCOTT KELLY

What is the prospect’s strategy and ambitions?

Strategy

• The business retains its focus as a specialist lighting distributor.
• They have added a new supplier from China offering state of art luminaries of the highest quality in terms of manufacture, aiming not to be barred from budget sensitive projects where they cannot compete on the volume parts with the typical fittings they are known for.
• Atrium has been built around agility and adaptability.
• Financial forecasting: The pound sterling has already lost more than 18% of its value over the past couple of years against the currencies in which they purchase over 90% of their products. To compensate for this adverse state of affairs they shall have to continue applying all the means at our disposal to raise the level of their gross margin, a function best helped by the quality of the overall service they can offer and become more stringent with credit control.
• They monitor on a daily basis currency exchange fluctuations and indications of changes in relevant trends and forward buy when deemed appropriate.
• Competition: On the one hand fewer and fewer independent organisations have remained, whilst independents having been taken over by their major foreign suppliers, on the other hand, major players having shed staff especially over the las couple of years, a number of new “low-cost” entrants have appeared on the competition scene, having been formed by the distributors they used to be employed by. Due to the marketplace increased competition the company invests in its independence and the selection of high scale products and its long serving knowledgeable team dedicated to quality.

Who are the prospect's customers?

Clients profile

• Individual clients
• Architects
• Designers
• Engineers

Case studies

• Japan House
• 1 New Oxford Street
• The Department Store
• Sapient Razorfish
• Havas Media
• Fucina
• L’ Atelier
• Tate modern Shop
• Waterloo Place
• Petersham Nurseries

Customer Reviews

Eldridge London
“We specify products through Atrium for nearly all our projects, particularly those by Flos and have found their technical knowledge and breadth of fittings very good, and their pricing to be very competitive.”

www.houzz.co.uk

What does the prospect consider important for its customers?

Their main endeavour is to get the things right the first time, regardless of the effort required.
Delivering exceptional value to clients, architects, designers and engineers in a number of ways.

Who are the prospect's staff?

The average monthly number of persons (including directors) employed by the group and company during 2018 was 52 (2017: 51).

2017
Wages and Salaries: 2,734,928
Social security costs: 82,628
Pension costs: 78,568

Retirement benefits: Defined Contribution Plan

Employee Reviews

N/A

What are the prospect’s unique selling points (USPs)?

• 43 years of expertise in the industry
• The company brings a unique portfolio of products from some of world’s most renowned brands
• They are a recognised authority in lighting and its continuing evolution through close collaboration with leading experts and manufacturers
• They have the independence to provide the most professional and effective solutions without reliance on any single brand
• Their solutions can aid customers’ desire to deliver not only the best designed spaces but also the best lit environments that positively enhance health and wellbeing