Pomanda estimates the enterprise value of ABEL PROPERTIES LIMITED at £5.4m based on a Turnover of £1.3m and 4.08x industry multiple (adjusted for size and gross margin).
abel properties limitedEstimated Valuation
£5.6m
Pomanda estimates the enterprise value of ABEL PROPERTIES LIMITED at £5.6m based on an EBITDA of £775.4k and a 7.21x industry multiple (adjusted for size and gross margin).
abel properties limitedEstimated Valuation
£15.7m
Pomanda estimates the enterprise value of ABEL PROPERTIES LIMITED at £15.7m based on Net Assets of £9m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Abel Properties LimitedOverview
Abel Properties Limited is a live company located in thetford, IP25 6JB with a Companies House number of 00726838. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in June 1962, it's largest shareholder is
anthony noel abel
with a 48.7% stake. Abel Properties Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Abel Properties Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
1 Weak
Size
annual sales of £1.3m, make it in line with the average company (£1.3m)
£1.3m - Abel Properties Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (3.5%)
33% - Abel Properties Limited
3.5% - Industry AVG
Production
with a gross margin of 64.8%, this company has a comparable cost of product (64.8%)
64.8% - Abel Properties Limited
64.8% - Industry AVG
Profitability
an operating margin of 54.4% make it more profitable than the average company (17.8%)
54.4% - Abel Properties Limited
17.8% - Industry AVG
Employees
with 7 employees, this is above the industry average (5)
7 - Abel Properties Limited
5 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Abel Properties Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £189.7k, this is equally as efficient (£199.8k)
£189.7k - Abel Properties Limited
£199.8k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is near the average (20 days)
23 days - Abel Properties Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (30 days)
109 days - Abel Properties Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Abel Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Abel Properties Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (72.8%)
28.4% - Abel Properties Limited
72.8% - Industry AVG
ABEL PROPERTIES LIMITED financials
EXPORT
Abel Properties Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £9 million. According to their latest financial statements, we estimate that Abel Properties Limited has 7 employees and maintains cash reserves of £138.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
1,327,972
856,157
1,255,787
565,150
562,293
409,031
504,003
542,646
317,906
45,547,550
27,834,255
15,701,710
914,360
502,359
Other Income Or Grants
Cost Of Sales
467,436
267,119
360,621
158,468
169,132
110,558
136,622
136,536
100,838
18,337,325
10,797,801
4,730,045
256,771
152,211
Gross Profit
860,536
589,038
895,166
406,682
393,161
298,474
367,380
406,110
217,069
27,210,225
17,036,454
10,971,665
657,589
350,148
Admin Expenses
137,696
895,377
679,215
113,030
110,102
229,710
192,460
112,655
208,399
27,215,732
16,122,825
11,165,396
324,500
310,767
-4,930,830
Operating Profit
722,840
-306,339
215,951
293,652
283,059
68,764
174,920
293,455
8,670
-5,507
913,629
-193,731
333,089
39,381
4,930,830
Interest Payable
291,698
256,792
175,570
177,770
125,345
53,753
58,155
61,842
33,662
Interest Receivable
5,809
15,844
2,293
734
2,777
1,965
1,656
734
651
588
844
4,332
7,236
6,868
3,467
Pre-Tax Profit
436,951
-547,287
42,674
116,616
160,491
16,977
118,421
232,346
-24,342
-4,919
914,473
-189,399
340,326
46,249
4,934,297
Tax
-109,238
-8,108
-22,157
-30,493
-3,226
-22,500
-46,469
-210,329
-88,485
-12,950
-1,381,603
Profit After Tax
327,713
-547,287
34,566
94,459
129,998
13,751
95,921
185,877
-24,342
-4,919
704,144
-189,399
251,841
33,299
3,552,694
Dividends Paid
Retained Profit
327,713
-547,287
34,566
94,459
129,998
13,751
95,921
185,877
-24,342
-4,919
704,144
-189,399
251,841
33,299
3,552,694
Employee Costs
164,241
148,408
111,200
103,844
103,966
54,091
7,693,714
4,938,529
2,473,500
152,781
118,079
Number Of Employees
7
6
9
5
5
4
4
4
2
288
193
102
7
5
EBITDA*
775,448
-283,391
240,693
319,584
308,971
97,282
207,278
330,325
40,159
2,499
921,674
-185,623
339,911
39,539
4,930,830
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
461,993
197,234
215,035
223,198
219,623
238,539
267,057
299,415
274,581
60,339
56,827
60,652
45,840
474
Intangible Assets
Investments & Other
9,285,000
9,285,000
9,285,000
5,315,040
4,985,000
4,985,000
4,035,000
2,580,000
2,580,000
2,580,000
2,580,000
3,520,000
3,565,000
3,650,000
3,650,000
Debtors (Due After 1 year)
2,462,738
2,571,708
2,676,712
2,787,445
568,367
663,545
758,033
847,737
1,018,907
1,474,446
Total Fixed Assets
9,746,993
11,944,972
12,071,743
8,214,950
7,992,068
5,791,906
4,965,602
3,637,448
3,702,318
2,640,339
3,655,734
5,055,098
3,610,840
3,650,474
3,650,000
Stock & work in progress
Trade Debtors
86,268
64,292
114,903
29,275
26,923
28,100
38,002
38,375
27,135
3,301,851
2,326,086
1,376,481
61,251
26,438
2,206
Group Debtors
Misc Debtors
2,656,210
456,839
192,792
1,541,421
2,213,315
2,206,817
2,222,475
2,023,360
2,023,551
Cash
138,375
82,907
822,471
1,011,877
455,871
284,721
239,178
423,084
164,087
96,185
139,063
198,627
1,534,143
1,360,344
1,386,793
misc current assets
total current assets
2,880,853
604,038
1,130,166
2,582,573
2,696,109
2,519,638
2,499,655
2,484,819
2,214,773
3,398,036
2,465,149
1,575,108
1,595,394
1,386,782
1,388,999
total assets
12,627,846
12,549,010
13,201,909
10,797,523
10,688,177
8,311,544
7,465,257
6,122,267
5,917,091
6,038,375
6,120,883
6,630,206
5,206,234
5,037,256
5,038,999
Bank overdraft
89,027
Bank loan
2,536,747
112,244
108,161
103,946
97,693
100,062
97,308
92,840
Trade Creditors
140,013
63,080
29,437
102,098
21,286
21,676
17,597
147,475
16,863
1,144,573
201,289
348,013
196,327
194,190
219,189
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
178,603
208,610
181,062
201,270
144,727
112,122
127,246
49,166
99,888
total current liabilities
2,855,363
383,934
318,660
407,314
263,706
233,860
242,151
289,481
205,778
1,144,573
201,289
348,013
196,327
194,190
219,189
loans
2,536,747
2,648,991
2,757,152
2,869,743
646,430
748,867
850,355
946,733
hp & lease commitments
Accruals and Deferred Income
other liabilities
105,387
1,130,339
1,515,404
provisions
729,369
693,850
700,829
66,764
64,054
65,313
67,442
64,451
19,116
12,632
6,793
total long term liabilities
729,369
3,230,597
3,349,820
2,823,916
2,933,797
711,743
816,309
914,806
965,849
118,019
1,137,132
1,515,404
total liabilities
3,584,732
3,614,531
3,668,480
3,231,230
3,197,503
945,603
1,058,460
1,204,287
1,171,627
1,262,592
1,338,421
1,863,417
196,327
194,190
219,189
net assets
9,043,114
8,934,479
9,533,429
7,566,293
7,490,674
7,365,941
6,406,797
4,917,980
4,745,464
4,775,783
4,782,462
4,766,789
5,009,907
4,843,066
4,819,810
total shareholders funds
9,043,114
8,934,479
9,533,429
7,566,293
7,490,674
7,365,941
6,406,797
4,917,980
4,745,464
4,775,783
4,782,462
4,766,789
5,009,907
4,843,066
4,819,810
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
722,840
-306,339
215,951
293,652
283,059
68,764
174,920
293,455
8,670
-5,507
913,629
-193,731
333,089
39,381
4,930,830
Depreciation
52,608
22,948
24,742
25,932
25,912
28,518
32,358
36,870
31,489
8,006
8,045
8,108
6,822
158
Amortisation
Tax
-109,238
-8,108
-22,157
-30,493
-3,226
-22,500
-46,469
-210,329
-88,485
-12,950
-1,381,603
Stock
Debtors
-241,391
104,466
-1,368,005
-780,275
2,224,399
-120,738
104,254
-78,655
-403,428
-43,142
494,066
2,789,676
34,813
24,232
2,206
Creditors
76,933
33,643
-72,661
80,812
-390
4,079
-129,878
130,612
-1,127,710
943,284
-146,724
151,686
2,137
-24,999
219,189
Accruals and Deferred Income
-30,007
27,548
-20,208
56,543
32,605
-15,124
78,080
-50,722
99,888
Deferred Taxes & Provisions
35,519
-6,979
634,065
2,710
-1,259
-2,129
2,991
45,335
6,484
5,839
6,793
Cash flow from operations
990,046
-333,645
2,141,786
1,217,767
-1,914,965
201,620
31,717
487,736
-577,751
994,764
77,348
-2,823,613
218,750
-22,642
3,766,210
Investing Activities
capital expenditure
-317,367
-5,147
-16,579
-29,507
-6,996
-61,704
-245,731
-11,518
-4,220
-22,920
-52,188
-632
Change in Investments
3,969,960
330,040
950,000
1,455,000
-940,000
-45,000
-85,000
3,650,000
cash flow from investments
-317,367
-5,147
-3,986,539
-359,547
-6,996
-950,000
-1,455,000
-61,704
-245,731
-11,518
935,780
22,080
32,812
-632
-3,650,000
Financing Activities
Bank loans
2,424,503
4,083
4,215
6,253
-2,369
2,754
4,468
92,840
Group/Directors Accounts
Other Short Term Loans
Long term loans
-2,536,747
-112,244
-108,161
-112,591
2,223,313
-102,437
-101,488
-96,378
946,733
Hire Purchase and Lease Commitments
other long term liabilities
-105,387
-1,024,952
-385,065
1,515,404
share issue
-219,078
-51,663
1,932,570
-18,840
-5,265
945,393
1,392,896
-13,361
-5,977
-1,760
-688,471
-53,719
-85,000
-10,043
1,267,116
interest
-285,889
-240,948
-173,277
-177,036
-122,568
-51,788
-56,499
-61,108
-33,011
588
844
4,332
7,236
6,868
3,467
cash flow from financing
-617,211
-400,772
1,655,347
-302,214
2,093,111
793,922
1,239,377
-78,007
802,358
-1,026,124
-1,072,692
1,466,017
-77,764
-3,175
1,270,583
cash and cash equivalents
cash
55,468
-739,564
-189,406
556,006
171,150
45,543
-183,906
258,997
67,902
-42,878
-59,564
-1,335,516
173,799
-26,449
1,386,793
overdraft
-89,027
89,027
change in cash
55,468
-739,564
-189,406
556,006
171,150
45,543
-183,906
348,024
-21,125
-42,878
-59,564
-1,335,516
173,799
-26,449
1,386,793
abel properties limited 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 abel properties limited. Get real-time insights into abel properties limited's credit score, group structure and payment trends.
Perform a competitor analysis for abel properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in IP25 area or any other competitors across 12 key performance metrics.
abel properties limited Ownership
ABEL PROPERTIES LIMITED group structure
Abel Properties Limited has no subsidiary companies.
Ultimate parent company
ABEL PROPERTIES LIMITED
00726838
ABEL PROPERTIES LIMITED Shareholders
The largest shareholders in Abel Properties Limited include Anthony Noel Abel and Margaret Gwyneth Abel.
anthony noel abel
48.66%
margaret gwyneth abel
21.37%
rita joy abel
14.17%
penelope margaret bailey
5.27%
katherine amanda watson
5.27%
christopher anthony abel
5.26%
abel properties limited directors
Abel Properties Limited currently has 5 directors.
The longest serving directors include
Mr Anthony Abel (Jul 1992) and
Mrs Margaret Abel (May 2007).
68201 - Renting and operating of Housing Association real estate
incorporation date
June 1962
age
63
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
abel promotions limited (September 1997)
noton limited (August 1991)
See more
accountant
-
auditor
-
address
neaton business park (north), norwich road, thetford, norfolk, IP25 6JB
Bank
-
Legal Advisor
-
abel properties 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 15 charges/mortgages relating to abel properties limited. Currently there are 5 open charges and 10 have been satisfied in the past.
abel properties 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 ABEL PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
abel properties limitedCompanies House Filings - See Documents
