Absolute Warehouse Services Limited

POWER SEARCH PRICING

SOLUTIONS

absolute warehouse services limited Company Information

Live

EstablishedSmallDeclining

Company Number

07046373

Website

www.absolute.co.com

Registered Address

ricketts house, stourton business park, leeds, west yorkshire, LS10 1SL

Industry

Operation of warehousing and storage facilities for land transport activities of division 49

Telephone

08448117163

Next Accounts Due

September 2024

Group Structure

View All

Directors

Gary Wagstaff14 Years

Shareholders

gary wagstaff 100%

absolute warehouse services limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ABSOLUTE WAREHOUSE SERVICES LIMITED at £3.6m based on Net Assets of £1.8m and 2.01x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Absolute Warehouse Services Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Absolute Warehouse Services Limited is a live company located in leeds, LS10 1SL with a Companies House number of 07046373. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in October 2009, it's largest shareholder is gary wagstaff with a 100% stake. Absolute Warehouse Services Limited is a established, small sized company, Pomanda has estimated its turnover at £4.7m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Absolute Warehouse Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

1 Regular

7 Weak

Size

annual sales of £4.7m, make it smaller than the average company (£10.5m)

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.5%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for absolute warehouse services limited. Get real-time insights into absolute warehouse services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

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

ABSOLUTE WAREHOUSE SERVICES LIMITED group structure

Absolute Warehouse Services Limited has no subsidiary companies.

Ultimate parent company

ABSOLUTE WAREHOUSE SERVICES LIMITED

07046373

ABSOLUTE WAREHOUSE SERVICES LIMITED Shareholders

gary wagstaff

100%

Absolute Warehouse Services Limited currently has 1 director, Mr Gary Wagstaff serving since Oct 2009.

officer	country	age	start	end	role
Mr Gary Wagstaff	England	70 years	Oct 2009	-	Director

EXPORT

Absolute Warehouse Services Limited's latest turnover from December 2022 is estimated at £4.7 million and the company has net assets of £1.8 million. According to their latest financial statements, Absolute Warehouse Services Limited has 40 employees and maintains cash reserves of £365.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010
Turnover	4,668,314	5,020,638	5,150,007	4,720,463	4,097,453	4,295,479	4,545,156	1,128,152	1,739,018	910,502	2,430,448	1,736,237	506,365
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	3,773,904	4,099,306	4,182,242	3,908,730	3,395,369	3,426,808	3,623,126	913,325	1,425,959	736,233	1,947,084	1,411,203	397,662
Gross Profit	894,410	921,332	967,765	811,733	702,084	868,671	922,030	214,827	313,059	174,269	483,364	325,034	108,704
Admin Expenses	503,021	564,945	1,013,504	835,221	685,912	533,811	850,112	-482,088	119,319	6,517	429,507	239,350	57,275
Operating Profit	391,389	356,387	-45,739	-23,488	16,172	334,860	71,918	696,915	193,740	167,752	53,857	85,684	51,429
Interest Payable	31,076	11,128	7,374	13,509	5,350	0	0	0	11	11	0	0	0
Interest Receivable	8,656	205	29	234	775	557	141	303	237	162	98	19	3
Pre-Tax Profit	368,969	345,463	-53,083	-36,763	11,598	335,417	72,059	697,219	193,966	167,903	53,955	85,703	51,432
Tax	-70,104	-65,638	0	0	-2,204	-63,729	-14,412	-139,444	-40,733	-38,618	-12,949	-22,283	-14,401
Profit After Tax	298,865	279,825	-53,083	-36,763	9,394	271,688	57,647	557,775	153,233	129,285	41,006	63,420	37,031
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	298,865	279,825	-53,083	-36,763	9,394	271,688	57,647	557,775	153,233	129,285	41,006	63,420	37,031
Employee Costs	1,526,169	1,206,040	1,201,550	1,217,558	894,879	716,982	742,992	162,256	228,255	124,229	343,960	213,190	87,610
Number Of Employees	40	34	34	35	26	22	23	5	7	4	11	7	3
EBITDA*	493,198	467,215	72,883	120,529	146,752	464,062	145,294	774,929	285,930	226,665	91,361	120,489	83,857

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010
Tangible Assets	765,607	673,754	670,520	765,142	961,831	388,454	396,169	406,653	466,167	337,297	200,355	208,040	123,098
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	765,607	673,754	670,520	765,142	961,831	388,454	396,169	406,653	466,167	337,297	200,355	208,040	123,098
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	1,348,704	1,600,343	1,496,817	1,518,327	1,407,652	1,502,050	1,548,669	280,646	369,654	256,688	517,015	358,167	103,889
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	971,426	0	51,725	0	0	0
Cash	365,593	129,051	34,553	24,402	38,020	168,607	54,235	58,547	62,792	32,182	32,560	6,678	1,000
misc current assets	357,477	356,401	0	0	0	0	0	13,326	0	0	0	0	0
total current assets	2,071,774	2,085,795	1,531,370	1,542,729	1,445,672	1,670,657	1,602,904	1,323,945	432,446	340,595	549,575	364,845	104,889
total assets	2,837,381	2,759,549	2,201,890	2,307,871	2,407,503	2,059,111	1,999,073	1,730,598	898,613	677,892	749,930	572,885	227,987
Bank overdraft	0	0	0	0	0	0	0	0	0	353	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	263,363	416,444	674,494	340,528	219,991	353,662	702,242	175,913	394,840	53,034	584,340	456,104	189,956
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	113,668	85,253	0	106,263	62,586	0	0	0	0	0	0	0	0
hp & lease commitments	29,576	13,584	0	28,001	28,001	0	0	20,490	0	0	0	0	0
other current liabilities	310,731	386,719	0	339,604	233,938	0	0	349,574	0	286,388	0	0	0
total current liabilities	717,338	902,000	674,494	814,396	544,516	353,662	702,242	545,977	394,840	339,775	584,340	456,104	189,956
loans	184,464	270,848	0	135,505	95,922	0	0	0	0	0	0	0	0
hp & lease commitments	99,141	17,095	0	44,786	72,706	0	0	10,000	0	37,289	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	2,029	0	0	0	0	0
other liabilities	0	48,713	285,273	0	0	114,916	45,918	57,212	23,100	0	23,133	15,330	0
provisions	26,115	9,435	10,490	28,468	372,880	278,448	210,516	132,630	55,698	29,086	0	0	0
total long term liabilities	309,720	346,091	295,763	208,759	541,508	393,364	256,434	201,871	78,798	66,375	23,133	15,330	0
total liabilities	1,027,058	1,248,091	970,257	1,023,155	1,086,024	747,026	958,676	747,848	473,638	406,150	607,473	471,434	189,956
net assets	1,810,323	1,511,458	1,231,633	1,284,716	1,321,479	1,312,085	1,040,397	982,750	424,975	271,742	142,457	101,451	38,031
total shareholders funds	1,810,323	1,511,458	1,231,633	1,284,716	1,321,479	1,312,085	1,040,397	982,750	424,975	271,742	142,457	101,451	38,031

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010
Operating Activities
Operating Profit	391,389	356,387	-45,739	-23,488	16,172	334,860	71,918	696,915	193,740	167,752	53,857	85,684	51,429
Depreciation	101,809	110,828	118,622	144,017	130,580	129,202	73,376	78,014	92,190	58,913	37,504	34,805	32,428
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-70,104	-65,638	0	0	-2,204	-63,729	-14,412	-139,444	-40,733	-38,618	-12,949	-22,283	-14,401
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-251,639	103,526	-21,510	110,675	-94,398	-46,619	296,597	882,418	61,241	-208,602	158,848	254,278	103,889
Creditors	-153,081	-258,050	333,966	120,537	-133,671	-348,580	526,329	-218,927	341,806	-531,306	128,236	266,148	189,956
Accruals and Deferred Income	-75,988	386,719	-339,604	105,666	233,938	0	-351,603	351,603	-286,388	286,388	0	0	0
Deferred Taxes & Provisions	16,680	-1,055	-17,978	-344,412	94,432	67,932	77,886	76,932	26,612	29,086	0	0	0
Cash flow from operations	462,344	425,665	70,777	-108,355	433,645	166,304	86,897	-37,325	265,986	180,817	47,800	110,076	155,523
Investing Activities
capital expenditure	-193,662	-114,062	-24,000	52,672	-703,957	-121,487	-62,892	-18,500	-221,060	-195,855	-29,819	-119,747	-155,526
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-193,662	-114,062	-24,000	52,672	-703,957	-121,487	-62,892	-18,500	-221,060	-195,855	-29,819	-119,747	-155,526
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	28,415	85,253	-106,263	43,677	62,586	0	0	0	0	0	0	0	0
Long term loans	-86,384	270,848	-135,505	39,583	95,922	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	98,038	30,679	-72,787	-27,920	100,707	0	-30,490	30,490	-37,289	37,289	0	0	0
other long term liabilities	-48,713	-236,560	285,273	0	-114,916	68,998	-11,294	34,112	23,100	-23,133	7,803	15,330	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	1,000
interest	-22,420	-10,923	-7,345	-13,275	-4,575	557	141	303	226	151	98	19	3
cash flow from financing	-31,064	139,297	-36,627	42,065	139,724	69,555	-41,643	64,905	-13,963	14,307	7,901	15,349	1,003
cash and cash equivalents
cash	236,542	94,498	10,151	-13,618	-130,587	114,372	-4,312	-4,245	30,610	-378	25,882	5,678	1,000
overdraft	0	0	0	0	0	0	0	0	-353	353	0	0	0
change in cash	236,542	94,498	10,151	-13,618	-130,587	114,372	-4,312	-4,245	30,963	-731	25,882	5,678	1,000

P&L

December 2022

turnover

4.7m

-7%

operating profit

391.4k

gross margin

19.2%

+4.4%

turnover

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

Balance Sheet

December 2022

net assets

1.8m

+0.2%

total assets

2.8m

+0.03%

cash

365.6k

+1.83%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

4l's products limited

3.5

w. harrison & sons (carriers) limited

2.5

technical filtration systems limited

4.5

hallam express ltd

c & d express transport limited

company number

07046373

Type

Private limited with Share Capital

industry

52103 - Operation of warehousing and storage facilities for land transport activities of division 49

incorporation date

October 2009

age

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

address

ricketts house, stourton business park, leeds, west yorkshire, LS10 1SL

last accounts submitted

December 2022

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 2 charges/mortgages relating to absolute warehouse services limited. Currently there are 1 open charges and 1 have been satisfied in the past.

absolute warehouse services limited Company Information

absolute warehouse services limited Estimated Valuation

absolute warehouse services limited Estimated Valuation

absolute warehouse services limited Estimated Valuation

Absolute Warehouse Services Limited AI Business Plan

Absolute Warehouse Services Limited Overview

Absolute Warehouse Services Limited Health Check

absolute warehouse services limited Credit Report and Business Information

Absolute Warehouse Services Limited Competitor Analysis

absolute warehouse services limited Ownership

absolute warehouse services limited directors

ABSOLUTE WAREHOUSE SERVICES LIMITED financials

absolute warehouse services limited company details

absolute warehouse services limited Charges & Mortgages

absolute warehouse services limited Companies House Filings - See Documents