asg group limited
asg group limited Company Information
Company Number
00957576
Website
www.asg-group.co.ukRegistered Address
997 london road, derby, derbyshire, DE24 8PX
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
01332753333
Next Accounts Due
November 2024
Group Structure
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Shareholders
asg group associaties ltd 100%
asg group limited Estimated Valuation
Pomanda estimates the enterprise value of ASG GROUP LIMITED at £15.3m based on a Turnover of £19.3m and 0.79x industry multiple (adjusted for size and gross margin).
asg group limited Estimated Valuation
Pomanda estimates the enterprise value of ASG GROUP LIMITED at £7.4m based on an EBITDA of £1.4m and a 5.42x industry multiple (adjusted for size and gross margin).
asg group limited Estimated Valuation
Pomanda estimates the enterprise value of ASG GROUP LIMITED at £18.2m based on Net Assets of £9.1m and 1.99x industry multiple (adjusted for liquidity).
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Asg Group Limited Overview
Asg Group Limited is a live company located in derbyshire, DE24 8PX with a Companies House number of 00957576. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in July 1969, it's largest shareholder is asg group associaties ltd with a 100% stake. Asg Group Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.3m with healthy growth in recent years.
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Asg Group Limited Health Check
Pomanda's financial health check has awarded Asg Group 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
5 Strong
6 Regular
1 Weak
Size
annual sales of £19.3m, make it larger than the average company (£12.2m)
£19.3m - Asg Group Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.8%)
12% - Asg Group Limited
3.8% - Industry AVG
Production
with a gross margin of 23.2%, this company has a higher cost of product (29.5%)
23.2% - Asg Group Limited
29.5% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (6.5%)
5.4% - Asg Group Limited
6.5% - Industry AVG
Employees
with 119 employees, this is above the industry average (77)
119 - Asg Group Limited
77 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£38.3k)
£33.7k - Asg Group Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £162.6k, this is equally as efficient (£146.6k)
£162.6k - Asg Group Limited
£146.6k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is near the average (62 days)
56 days - Asg Group Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 47 days, this is close to average (49 days)
47 days - Asg Group Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 79 days, this is in line with average (72 days)
79 days - Asg Group Limited
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (13 weeks)
66 weeks - Asg Group Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (47.3%)
25.9% - Asg Group Limited
47.3% - Industry AVG
ASG GROUP LIMITED financials
Asg Group Limited's latest turnover from February 2023 is £19.3 million and the company has net assets of £9.1 million. According to their latest financial statements, Asg Group Limited has 119 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,349,979 | 18,539,292 | 13,812,931 | 13,954,408 | 11,668,910 | 11,063,504 | 12,570,303 | 13,389,439 | 12,728,171 | 11,798,512 | 12,581,927 | 13,479,386 | 12,348,573 | 4,706,127 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 14,865,872 | 13,558,128 | 10,363,266 | 10,802,172 | 8,883,051 | 8,689,600 | 9,796,852 | 10,313,673 | 10,275,116 | 9,616,738 | 10,141,089 | 11,221,569 | 10,277,623 | |
| Gross Profit | 4,484,107 | 4,981,164 | 3,449,665 | 3,152,236 | 2,785,859 | 2,373,904 | 2,773,451 | 3,075,766 | 2,453,055 | 2,181,774 | 2,440,838 | 2,257,817 | 2,070,950 | |
| Admin Expenses | 3,444,954 | 3,386,985 | 2,291,401 | 2,741,412 | 2,662,152 | 2,624,455 | 2,516,087 | 2,370,868 | 2,016,501 | 1,973,191 | 1,866,417 | 1,305,628 | 1,169,582 | |
| Operating Profit | 1,039,153 | 1,594,179 | 1,158,264 | 410,824 | 123,707 | -250,551 | 257,364 | 704,898 | 436,554 | 208,583 | 574,421 | 952,189 | 901,368 | -250,645 |
| Interest Payable | 6,908 | 0 | 0 | 0 | 324 | 2,281 | 4,632 | 7,559 | 10,901 | 9,977 | 8,998 | 10,639 | 9,201 | 11,802 |
| Interest Receivable | 2,996 | 317 | 524 | 1,396 | 1,142 | 322 | 1,528 | 5,634 | 2,578 | 2,709 | 4,283 | 3,289 | 1,956 | 1,999 |
| Pre-Tax Profit | 1,035,241 | 1,515,971 | 1,158,788 | 412,220 | 124,525 | -252,510 | 328,716 | 702,973 | -64,621 | 201,315 | 569,706 | 944,839 | 877,806 | 83,338 |
| Tax | -257,766 | -197,789 | -158,914 | 41,263 | 85,917 | 141,354 | 79,391 | 2,057 | 103,646 | 2,507 | 21,289 | -147,946 | -40,715 | 100,054 |
| Profit After Tax | 777,475 | 1,318,182 | 999,874 | 453,483 | 210,442 | -111,156 | 408,107 | 705,030 | 39,025 | 203,822 | 590,995 | 796,893 | 837,091 | 183,392 |
| Dividends Paid | 100,000 | 340,000 | 180,000 | 0 | 0 | 0 | 100,000 | 100,000 | 0 | 90,000 | 90,000 | 90,000 | 50,000 | 2,550,000 |
| Retained Profit | 677,475 | 978,182 | 819,874 | 453,483 | 210,442 | -111,156 | 308,107 | 605,030 | 39,025 | 113,822 | 500,995 | 706,893 | 787,091 | -2,366,608 |
| Employee Costs | 4,008,573 | 3,818,687 | 3,458,866 | 3,626,695 | 3,717,791 | 3,657,316 | 3,779,398 | 3,537,389 | 3,130,759 | 2,730,450 | 2,508,122 | 2,212,794 | 2,036,897 | 1,570,999 |
| Number Of Employees | 119 | 120 | 119 | 131 | 137 | 147 | 146 | 138 | 119 | 112 | 102 | 90 | 79 | 71 |
| EBITDA* | 1,365,771 | 2,083,240 | 1,465,192 | 744,068 | 431,074 | 141,807 | 662,380 | 1,135,294 | 737,585 | 602,464 | 963,478 | 962,675 | 1,135,703 | -7,159 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,674,423 | 1,523,317 | 1,537,913 | 879,905 | 1,046,294 | 1,312,372 | 1,560,304 | 1,772,043 | 1,981,741 | 2,265,593 | 1,816,650 | 1,697,271 | 1,161,080 | 1,246,191 |
| Intangible Assets | 164,178 | 198,040 | 256,797 | 295,984 | 72,739 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 222,522 | 222,522 | 22,522 | 22,522 | 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 | 0 |
| Total Fixed Assets | 2,061,123 | 1,943,879 | 1,817,232 | 1,198,411 | 1,119,033 | 1,312,372 | 1,560,304 | 1,772,043 | 1,981,741 | 2,265,593 | 1,816,650 | 1,697,271 | 1,161,080 | 1,246,191 |
| Stock & work in progress | 3,236,586 | 3,116,370 | 2,374,462 | 2,522,829 | 2,337,589 | 2,381,673 | 2,943,515 | 2,147,281 | 2,370,785 | 1,839,692 | 1,618,290 | 1,344,882 | 1,119,658 | 951,941 |
| Trade Debtors | 3,013,483 | 2,097,456 | 2,034,285 | 1,986,132 | 1,166,699 | 1,313,520 | 771,830 | 1,569,045 | 1,335,346 | 1,219,632 | 658,218 | 1,816,549 | 1,297,257 | 1,270,852 |
| Group Debtors | 776 | 1,404 | 454,464 | 524,309 | 403,690 | 342,140 | 290,362 | 128,828 | 94,998 | 55,583 | 19,415 | 20,399 | 15,126 | 10,113 |
| Misc Debtors | 483,090 | 432,755 | 163,905 | 406,512 | 1,207,102 | 483,276 | 355,671 | 477,731 | 327,569 | 628,419 | 207,197 | 366,140 | 127,926 | 185,519 |
| Cash | 3,536,040 | 3,764,400 | 3,483,450 | 1,980,343 | 1,540,871 | 1,584,946 | 1,909,391 | 1,748,701 | 1,800,891 | 1,249,743 | 2,292,353 | 2,164,931 | 2,049,061 | 733,381 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,269,975 | 9,412,385 | 8,510,566 | 7,420,125 | 6,655,951 | 6,105,555 | 6,270,769 | 6,071,586 | 5,929,589 | 4,993,069 | 4,795,473 | 5,712,901 | 4,609,028 | 3,151,806 |
| total assets | 12,331,098 | 11,356,264 | 10,327,798 | 8,618,536 | 7,774,984 | 7,417,927 | 7,831,073 | 7,843,629 | 7,911,330 | 7,258,662 | 6,612,123 | 7,410,172 | 5,770,108 | 4,397,997 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,918,953 | 1,488,433 | 1,657,753 | 1,282,478 | 1,042,011 | 754,671 | 997,570 | 1,015,900 | 1,451,314 | 1,030,320 | 893,306 | 1,631,584 | 970,205 | 715,828 |
| Group/Directors Accounts | 158,442 | 99,696 | 221,291 | 80,565 | 48,074 | 24,755 | 75,867 | 61,471 | 29,498 | 12,118 | 10,102 | 5,987 | 1,155 | 3,272 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 85,724 | 83,786 | 80,000 | 0 | 0 | 32,319 | 60,000 | 80,000 | 125,000 | 120,000 | 110,833 | 121,000 | 61,000 | 60,000 |
| other current liabilities | 589,617 | 818,810 | 394,060 | 574,221 | 449,030 | 568,005 | 469,467 | 689,314 | 838,608 | 541,853 | 341,706 | 743,045 | 686,740 | 294,272 |
| total current liabilities | 2,752,736 | 2,490,725 | 2,353,104 | 1,937,264 | 1,539,115 | 1,379,750 | 1,602,904 | 1,846,685 | 2,444,420 | 1,704,291 | 1,355,947 | 2,501,616 | 1,719,100 | 1,073,372 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 160,000 | 240,000 | 320,000 | 0 | 0 | 0 | 35,408 | 96,379 | 175,303 | 292,249 | 140,000 | 250,833 | 111,833 | 170,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 278,663 | 163,315 | 170,652 | 17,104 | 25,184 | 37,934 | 81,362 | 97,273 | 93,345 | 102,885 | 70,761 | 113,303 | 101,648 | 104,189 |
| total long term liabilities | 438,663 | 403,315 | 490,652 | 17,104 | 25,184 | 37,934 | 116,770 | 193,652 | 268,648 | 395,134 | 210,761 | 364,136 | 213,481 | 274,189 |
| total liabilities | 3,191,399 | 2,894,040 | 2,843,756 | 1,954,368 | 1,564,299 | 1,417,684 | 1,719,674 | 2,040,337 | 2,713,068 | 2,099,425 | 1,566,708 | 2,865,752 | 1,932,581 | 1,347,561 |
| net assets | 9,139,699 | 8,462,224 | 7,484,042 | 6,664,168 | 6,210,685 | 6,000,243 | 6,111,399 | 5,803,292 | 5,198,262 | 5,159,237 | 5,045,415 | 4,544,420 | 3,837,527 | 3,050,436 |
| total shareholders funds | 9,139,699 | 8,462,224 | 7,484,042 | 6,664,168 | 6,210,685 | 6,000,243 | 6,111,399 | 5,803,292 | 5,198,262 | 5,159,237 | 5,045,415 | 4,544,420 | 3,837,527 | 3,050,436 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,039,153 | 1,594,179 | 1,158,264 | 410,824 | 123,707 | -250,551 | 257,364 | 704,898 | 436,554 | 208,583 | 574,421 | 952,189 | 901,368 | -250,645 |
| Depreciation | 292,756 | 251,957 | 242,561 | 275,888 | 300,826 | 392,358 | 405,016 | 430,396 | 301,031 | 393,881 | 389,057 | 10,486 | 234,335 | 243,486 |
| Amortisation | 33,862 | 237,104 | 64,367 | 57,356 | 6,541 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -257,766 | -197,789 | -158,914 | 41,263 | 85,917 | 141,354 | 79,391 | 2,057 | 103,646 | 2,507 | 21,289 | -147,946 | -40,715 | 100,054 |
| Stock | 120,216 | 741,908 | -148,367 | 185,240 | -44,084 | -561,842 | 796,234 | -223,504 | 531,093 | 221,402 | 273,408 | 225,224 | 167,717 | 951,941 |
| Debtors | 965,734 | -121,039 | -264,299 | 139,462 | 638,555 | 721,073 | -757,741 | 417,691 | -145,721 | 1,018,804 | -1,318,258 | 762,779 | -26,175 | 1,466,484 |
| Creditors | 430,520 | -169,320 | 375,275 | 240,467 | 287,340 | -242,899 | -18,330 | -435,414 | 420,994 | 137,014 | -738,278 | 661,379 | 254,377 | 715,828 |
| Accruals and Deferred Income | -229,193 | 424,750 | -180,161 | 125,191 | -118,975 | 98,538 | -219,847 | -149,294 | 296,755 | 200,147 | -401,339 | 56,305 | 392,468 | 294,272 |
| Deferred Taxes & Provisions | 115,348 | -7,337 | 153,548 | -8,080 | -12,750 | -43,428 | -15,911 | 3,928 | -9,540 | 32,124 | -42,542 | 11,655 | -2,541 | 104,189 |
| Cash flow from operations | 338,730 | 1,512,675 | 2,067,606 | 818,207 | 78,135 | -63,859 | 449,190 | 362,384 | 1,164,068 | -265,950 | 847,458 | 556,065 | 1,597,750 | -1,211,241 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 200,000 | 0 | 22,522 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 58,746 | -121,595 | 140,726 | 32,491 | 23,319 | -51,112 | 14,396 | 31,973 | 17,380 | 2,016 | 4,115 | 4,832 | -2,117 | 3,272 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -78,062 | -76,214 | 400,000 | 0 | -32,319 | -63,089 | -80,971 | -123,924 | -111,946 | 161,416 | -121,000 | 199,000 | -57,167 | 230,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -3,912 | 317 | 524 | 1,396 | 818 | -1,959 | -3,104 | -1,925 | -8,323 | -7,268 | -4,715 | -7,350 | -7,245 | -9,803 |
| cash flow from financing | -23,228 | -197,492 | 541,250 | 33,887 | -8,182 | -116,160 | -69,679 | -93,876 | -102,889 | 156,164 | -121,600 | 196,482 | -66,529 | 5,640,513 |
| cash and cash equivalents | ||||||||||||||
| cash | -228,360 | 280,950 | 1,503,107 | 439,472 | -44,075 | -324,445 | 160,690 | -52,190 | 551,148 | -1,042,610 | 127,422 | 115,870 | 1,315,680 | 733,381 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -228,360 | 280,950 | 1,503,107 | 439,472 | -44,075 | -324,445 | 160,690 | -52,190 | 551,148 | -1,042,610 | 127,422 | 115,870 | 1,315,680 | 733,381 |
asg group limited Credit Report and Business Information
Asg Group Limited Competitor Analysis
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asg group limited Ownership
ASG GROUP LIMITED group structure
Asg Group Limited has 1 subsidiary company.
Ultimate parent company
1 parent
ASG GROUP LIMITED
00957576
1 subsidiary
asg group limited directors
Asg Group Limited currently has 4 directors. The longest serving directors include Mr James Allman (Apr 1992) and Mr Thomas Billings (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Allman | United Kingdom | 61 years | Apr 1992 | - | Director |
| Mr Thomas Billings | England | 44 years | Apr 2024 | - | Director |
| Mr Matthew Lee | United Kingdom | 31 years | Apr 2024 | - | Director |
| Mr Kevin McGuigan | England | 47 years | Apr 2024 | - | Director |
P&L
February 2023turnover
19.3m
+4%
operating profit
1m
-35%
gross margin
23.2%
-13.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
9.1m
+0.08%
total assets
12.3m
+0.09%
cash
3.5m
-0.06%
net assets
Total assets minus all liabilities
asg group limited company details
company number
00957576
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
July 1969
age
55
accounts
Full Accounts
ultimate parent company
previous names
a.s.g. (accessories) ltd (February 2001)
alan smith (garages) limited (October 1987)
incorporated
UK
address
997 london road, derby, derbyshire, DE24 8PX
last accounts submitted
February 2023
asg group 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 4 charges/mortgages relating to asg group limited. Currently there are 2 open charges and 2 have been satisfied in the past.
asg group limited Companies House Filings - See Documents
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