acheason chemist limited

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acheason chemist limited Company Information

Share ACHEASON CHEMIST LIMITED
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Company Number

05854313

Website

-

Registered Address

334 - 336 goswell road, london, EC1V 7RP

Industry

Dispensing chemist in specialised stores

 

Telephone

02085343154

Next Accounts Due

265 days late

Group Structure

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Directors

Natalie Acheampong11 Years

Marie Acheampong11 Years

View All

Shareholders

kofi otuo acheampong & marie acheampong & natalie sophia adwoa fosua acheampong 100%

acheason chemist limited Estimated Valuation

£642.6k

Pomanda estimates the enterprise value of ACHEASON CHEMIST LIMITED at £642.6k based on a Turnover of £2.6m and 0.25x industry multiple (adjusted for size and gross margin).

acheason chemist limited Estimated Valuation

£102k

Pomanda estimates the enterprise value of ACHEASON CHEMIST LIMITED at £102k based on an EBITDA of £30k and a 3.4x industry multiple (adjusted for size and gross margin).

acheason chemist limited Estimated Valuation

£703.8k

Pomanda estimates the enterprise value of ACHEASON CHEMIST LIMITED at £703.8k based on Net Assets of £310.3k and 2.27x industry multiple (adjusted for liquidity).

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Acheason Chemist Limited Overview

Acheason Chemist Limited is a live company located in london, EC1V 7RP with a Companies House number of 05854313. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in June 2006, it's largest shareholder is kofi otuo acheampong & marie acheampong & natalie sophia adwoa fosua acheampong with a 100% stake. Acheason Chemist Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.

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Acheason Chemist Limited Health Check

Pomanda's financial health check has awarded Acheason Chemist Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.6m, make it smaller than the average company (£11.6m)

£2.6m - Acheason Chemist Limited

£11.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.5%)

-3% - Acheason Chemist Limited

3.5% - Industry AVG

production

Production

with a gross margin of 27.9%, this company has a comparable cost of product (31.8%)

27.9% - Acheason Chemist Limited

31.8% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (5.9%)

1.1% - Acheason Chemist Limited

5.9% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (75)

16 - Acheason Chemist Limited

75 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.2k, the company has an equivalent pay structure (£20.2k)

£20.2k - Acheason Chemist Limited

£20.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £163.7k, this is more efficient (£128.1k)

£163.7k - Acheason Chemist Limited

£128.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 65 days, this is later than average (33 days)

65 days - Acheason Chemist Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 124 days, this is slower than average (71 days)

124 days - Acheason Chemist Limited

71 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acheason Chemist Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Acheason Chemist Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.7%, this is a similar level of debt than the average (68.5%)

67.7% - Acheason Chemist Limited

68.5% - Industry AVG

acheason chemist limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Acheason Chemist Limited Competitor Analysis

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Perform a competitor analysis for acheason chemist limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

acheason chemist limited Ownership

ACHEASON CHEMIST LIMITED group structure

Acheason Chemist Limited has no subsidiary companies.

Ultimate parent company

ACHEASON CHEMIST LIMITED

05854313

ACHEASON CHEMIST LIMITED Shareholders

kofi otuo acheampong & marie acheampong & natalie sophia adwoa fosua acheampong 100%

acheason chemist limited directors

Acheason Chemist Limited currently has 3 directors. The longest serving directors include Miss Natalie Acheampong (Dec 2012) and Miss Marie Acheampong (Dec 2012).

officercountryagestartendrole
Miss Natalie AcheampongEngland41 years Dec 2012- Director
Miss Marie AcheampongEngland45 years Dec 2012- Director
Mr Kofi AcheampongEngland48 years Dec 2012- Director

ACHEASON CHEMIST LIMITED financials

EXPORTms excel logo

Acheason Chemist Limited's latest turnover from November 2021 is estimated at £2.6 million and the company has net assets of £310.3 thousand. According to their latest financial statements, we estimate that Acheason Chemist Limited has 16 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2021Nov 2020Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover2,618,8952,470,8272,858,9802,929,0431,858,8181,793,7821,820,2791,256,781613,376714,757689,8310
Other Income Or Grants000000000000
Cost Of Sales1,887,1201,859,7792,136,5032,133,6321,332,7031,312,6521,320,887908,428450,075529,214513,9760
Gross Profit731,775611,048722,477795,412526,115481,130499,392348,353163,301185,543175,8550
Admin Expenses701,811257,897597,147690,306489,947444,789501,979330,871197,514148,828187,775-26,522
Operating Profit29,964353,151125,330105,10636,16836,341-2,58717,482-34,21336,715-11,92026,522
Interest Payable000000000000
Interest Receivable00023823140127325424010410380
Pre-Tax Profit29,964353,151125,330105,34436,39936,743-2,31417,736-33,97336,819-11,81726,601
Tax-5,693-67,099-23,813-20,015-7,280-7,3480-4,0790-9,5730-7,448
Profit After Tax24,271286,052101,51785,32929,11929,394-2,31413,657-33,97327,246-11,81719,153
Dividends Paid000000000000
Retained Profit24,271286,052101,51785,32929,11929,394-2,31413,657-33,97327,246-11,81719,153
Employee Costs323,671309,882369,925377,937230,001207,581225,620155,04367,41085,81184,5220
Number Of Employees1616202113121394550
EBITDA*29,964353,151125,330105,10645,93246,7356,06926,825-23,82348,45318,62657,250

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2021Nov 2020Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets491,843491,843499,883502,563506,136508,025502,814504,869508,012512,057493,480453,062
Intangible Assets000005,00010,00015,00020,00025,00030,00060,000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets491,843491,843499,883502,563506,136513,025512,814519,869528,012537,057523,480513,062
Stock & work in progress000021,96022,78839,65123,16924,98136,69140,80645,678
Trade Debtors469,705449,807500,149517,099374,168312,801306,466187,93950,62190,86285,59673,758
Group Debtors000000000000
Misc Debtors000000000000
Cash000095,37189,03971,44937,93563,64332,2229,25831,828
misc current assets000000000000
total current assets469,705449,807500,149517,099491,499424,628417,566249,043139,245159,775135,660151,264
total assets961,548941,6501,000,0321,019,662997,635937,653930,380768,912667,257696,832659,140664,326
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 642,974643,367722,836844,315903,743869,229887,753720,425487,455455,352416,686384,139
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities642,974643,367722,836844,315903,743869,229887,753720,425487,455455,352416,686384,139
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities8,25112,231019,55323,32726,97830,57534,121179,093206,798235,018260,934
provisions000000000000
total long term liabilities8,25112,23119,88519,55323,32726,97830,57534,121179,093206,798235,018260,934
total liabilities651,225655,598742,721863,868927,070896,207918,328754,546666,548662,150651,704645,073
net assets310,323286,052257,311155,79470,56541,44612,05214,36670934,6827,43619,253
total shareholders funds310,323286,052257,311155,79470,56541,44612,05214,36670934,6827,43619,253
Nov 2021Nov 2020Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit29,964353,151125,330105,10636,16836,341-2,58717,482-34,21336,715-11,92026,522
Depreciation00004,7645,3943,6564,3435,3906,738546728
Amortisation00005,0005,0005,0005,0005,0005,00030,00030,000
Tax-5,693-67,099-23,813-20,015-7,280-7,3480-4,0790-9,5730-7,448
Stock000-21,960-828-16,86316,482-1,812-11,710-4,115-4,87245,678
Debtors19,898449,807-16,950142,93161,3676,335118,527137,318-40,2415,26611,83873,758
Creditors-393643,367-121,479-59,42834,514-18,524167,328232,97032,10338,66632,547384,139
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations3,980479,612-3,012-95,30812,62731,39138,388120,21060,23176,39544,207314,505
Investing Activities
capital expenditure0-491,8432,6803,573-2,875-10,605-1,601-1,200-1,345-25,315-40,964-543,790
Change in Investments000000000000
cash flow from investments0-491,8432,6803,573-2,875-10,605-1,601-1,200-1,345-25,315-40,964-543,790
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities-3,98012,231-19,553-3,774-3,651-3,597-3,546-144,972-27,705-28,220-25,916260,934
share issue000-1000000000100
interest00023823140127325424010410380
cash flow from financing-3,98012,231-19,553-3,636-3,420-3,196-3,273-144,718-27,465-28,116-25,813261,114
cash and cash equivalents
cash000-95,3716,33217,59033,514-25,70831,42122,964-22,57031,828
overdraft000000000000
change in cash000-95,3716,33217,59033,514-25,70831,42122,964-22,57031,828

P&L

November 2021

turnover

2.6m

+6%

operating profit

30k

0%

gross margin

28%

+12.99%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2021

net assets

310.3k

+0.08%

total assets

961.5k

+0.02%

cash

0

0%

net assets

Total assets minus all liabilities

acheason chemist limited company details

company number

05854313

Type

Private limited with Share Capital

industry

47730 - Dispensing chemist in specialised stores

incorporation date

June 2006

age

18

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

334 - 336 goswell road, london, EC1V 7RP

last accounts submitted

November 2021

acheason chemist 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 found 1 charges/mortgages relating to acheason chemist limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

acheason chemist limited Companies House Filings - See Documents

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