abb recycling ltd

abb recycling ltd Company Information

Share ABB RECYCLING LTD
Dissolved 

Company Number

00810437

Industry

Wholesale of waste and scrap

 

Shareholders

gordon george stanley

Group Structure

View All

Contact

Registered Address

no 1 whitehall riverside, whitehall road, leeds, LS1 4BN

Website

-

abb recycling ltd Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of ABB RECYCLING LTD at £2.1m based on a Turnover of £6.4m and 0.32x industry multiple (adjusted for size and gross margin).

abb recycling ltd Estimated Valuation

£64.1k

Pomanda estimates the enterprise value of ABB RECYCLING LTD at £64.1k based on an EBITDA of £19.1k and a 3.35x industry multiple (adjusted for size and gross margin).

abb recycling ltd Estimated Valuation

£269.8k

Pomanda estimates the enterprise value of ABB RECYCLING LTD at £269.8k based on Net Assets of £135.1k and 2x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Abb Recycling Ltd Overview

Abb Recycling Ltd is a dissolved company that was located in leeds, LS1 4BN with a Companies House number of 00810437. It operated in the wholesale of waste and scrap sector, SIC Code 46770. Founded in June 1964, it's largest shareholder was gordon george stanley with a 100% stake. The last turnover for Abb Recycling Ltd was estimated at £6.4m.

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Abb Recycling Ltd Health Check

Pomanda's financial health check has awarded Abb Recycling Ltd a 2.5 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 Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £6.4m, make it smaller than the average company (£12.5m)

£6.4m - Abb Recycling Ltd

£12.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Abb Recycling Ltd

- - Industry AVG

production

Production

with a gross margin of 7.7%, this company has a higher cost of product (13.3%)

7.7% - Abb Recycling Ltd

13.3% - Industry AVG

profitability

Profitability

an operating margin of -0.3% make it less profitable than the average company (3.1%)

-0.3% - Abb Recycling Ltd

3.1% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (25)

7 - Abb Recycling Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Abb Recycling Ltd

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £916.8k, this is more efficient (£573.9k)

£916.8k - Abb Recycling Ltd

£573.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (39 days)

5 days - Abb Recycling Ltd

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (22 days)

58 days - Abb Recycling Ltd

22 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 51 days, this is more than average (22 days)

51 days - Abb Recycling Ltd

22 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)

1 weeks - Abb Recycling Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88%, this is a higher level of debt than the average (51.9%)

88% - Abb Recycling Ltd

51.9% - Industry AVG

ABB RECYCLING LTD financials

EXPORTms excel logo

Abb Recycling Ltd's latest turnover from June 2011 is estimated at £6.4 million and the company has net assets of £135.1 thousand. According to their latest financial statements, we estimate that Abb Recycling Ltd has 7 employees and maintains cash reserves of £30 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2011Jun 2010
Turnover6,417,5142,446,659
Other Income Or Grants00
Cost Of Sales5,926,5962,194,144
Gross Profit490,918252,515
Admin Expenses508,808104,368
Operating Profit-17,890148,147
Interest Payable00
Interest Receivable13661
Pre-Tax Profit-17,754148,208
Tax0-41,498
Profit After Tax-17,754106,710
Dividends Paid00
Retained Profit-17,754106,710
Employee Costs280,694137,379
Number Of Employees74
EBITDA*19,102183,303

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2011Jun 2010
Tangible Assets165,974160,466
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets165,974160,466
Stock & work in progress840,130212,000
Trade Debtors92,991372,277
Group Debtors00
Misc Debtors00
Cash30,02424,542
misc current assets00
total current assets963,145608,819
total assets1,129,119769,285
Bank overdraft00
Bank loan00
Trade Creditors 948,480603,326
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities9,8590
total current liabilities958,339603,326
loans00
hp & lease commitments00
Accruals and Deferred Income013,146
other liabilities26,3010
provisions9,4200
total long term liabilities35,72113,146
total liabilities994,060616,472
net assets135,059152,813
total shareholders funds135,059152,813
Jun 2011Jun 2010
Operating Activities
Operating Profit-17,890148,147
Depreciation36,99235,156
Amortisation00
Tax0-41,498
Stock628,130212,000
Debtors-279,286372,277
Creditors345,154603,326
Accruals and Deferred Income-3,28713,146
Deferred Taxes & Provisions9,4200
Cash flow from operations21,545174,000
Investing Activities
capital expenditure-42,500-195,622
Change in Investments00
cash flow from investments-42,500-195,622
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities26,3010
share issue046,103
interest13661
cash flow from financing26,43746,164
cash and cash equivalents
cash5,48224,542
overdraft00
change in cash5,48224,542

abb recycling ltd 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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Abb Recycling Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for abb recycling ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in LS1 area or any other competitors across 12 key performance metrics.

abb recycling ltd Ownership

ABB RECYCLING LTD group structure

Abb Recycling Ltd has no subsidiary companies.

Ultimate parent company

ABB RECYCLING LTD

00810437

ABB RECYCLING LTD Shareholders

gordon george stanley 100%

abb recycling ltd directors

Abb Recycling Ltd currently has 2 directors. The longest serving directors include Mr Peter Reddington (Jan 2003) and Mr Gordon Stanley (May 2006).

officercountryagestartendrole
Mr Peter Reddington69 years Jan 2003- Director
Mr Gordon StanleyUnited Kingdom57 years May 2006- Director

P&L

June 2011

turnover

6.4m

+162%

operating profit

-17.9k

0%

gross margin

7.7%

-25.88%

turnover

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

Balance Sheet

June 2011

net assets

135.1k

-0.12%

total assets

1.1m

+0.47%

cash

30k

+0.22%

net assets

Total assets minus all liabilities

abb recycling ltd company details

company number

00810437

Type

Private limited with Share Capital

industry

46770 - Wholesale of waste and scrap

incorporation date

June 1964

age

61

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

June 2011

previous names

blaydon metal company limited (November 2012)

accountant

-

auditor

-

address

no 1 whitehall riverside, whitehall road, leeds, LS1 4BN

Bank

BARCLAYS BANK PLC

Legal Advisor

-

abb recycling 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 found 2 charges/mortgages relating to abb recycling ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

abb recycling 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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abb recycling ltd Companies House Filings - See Documents

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