asd limited

asd limited Company Information

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Company Number

01370600

Industry

Wholesale of metals and metal ores

 

Shareholders

klockner metals uk holding ltd

Group Structure

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Contact

Registered Address

valley farm road, stourton, leeds, LS10 1SD

asd limited Estimated Valuation

£139.7m

Pomanda estimates the enterprise value of ASD LIMITED at £139.7m based on a Turnover of £192m and 0.73x industry multiple (adjusted for size and gross margin).

asd limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ASD LIMITED at £0 based on an EBITDA of £-5.5m and a 8.03x industry multiple (adjusted for size and gross margin).

asd limited Estimated Valuation

£121.7m

Pomanda estimates the enterprise value of ASD LIMITED at £121.7m based on Net Assets of £77.7m and 1.57x industry multiple (adjusted for liquidity).

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Asd Limited Overview

Asd Limited is a live company located in leeds, LS10 1SD with a Companies House number of 01370600. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in May 1978, it's largest shareholder is klockner metals uk holding ltd with a 100% stake. Asd Limited is a mature, mega sized company, Pomanda has estimated its turnover at £192m with healthy growth in recent years.

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Asd Limited Health Check

Pomanda's financial health check has awarded Asd Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £192m, make it larger than the average company (£29.8m)

£192m - Asd Limited

£29.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (14.8%)

7% - Asd Limited

14.8% - Industry AVG

production

Production

with a gross margin of 22.4%, this company has a lower cost of product (15.7%)

22.4% - Asd Limited

15.7% - Industry AVG

profitability

Profitability

an operating margin of -7.4% make it less profitable than the average company (4.9%)

-7.4% - Asd Limited

4.9% - Industry AVG

employees

Employees

with 541 employees, this is above the industry average (31)

541 - Asd Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.6k, the company has an equivalent pay structure (£50.3k)

£47.6k - Asd Limited

£50.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £354.9k, this is less efficient (£895.2k)

£354.9k - Asd Limited

£895.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is near the average (63 days)

59 days - Asd Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (46 days)

78 days - Asd Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 87 days, this is more than average (72 days)

87 days - Asd Limited

72 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is average cash available to meet short term requirements (8 weeks)

7 weeks - Asd Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.8%, this is a similar level of debt than the average (53.8%)

53.8% - Asd Limited

53.8% - Industry AVG

ASD LIMITED financials

EXPORTms excel logo

Asd Limited's latest turnover from December 2023 is £192 million and the company has net assets of £77.7 million. According to their latest financial statements, Asd Limited has 541 employees and maintains cash reserves of £9.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover191,978,000252,236,000243,407,000158,602,000212,689,000244,471,000232,461,000206,064,000221,497,000279,914,000232,254,000255,465,000310,717,000243,160,000196,808,000
Other Income Or Grants000000000000000
Cost Of Sales149,041,000188,047,000170,314,000116,996,000163,159,000197,927,000179,668,000153,085,000175,715,000222,466,000185,803,000209,131,000252,801,000199,259,000176,095,000
Gross Profit42,937,00064,189,00073,093,00041,606,00049,530,00046,544,00052,793,00052,979,00045,782,00057,448,00046,451,00046,334,00057,916,00043,901,00020,713,000
Admin Expenses57,088,00059,877,00059,155,00050,591,00057,094,00055,353,00053,565,00055,215,00060,924,00057,709,00043,106,00047,905,00051,744,00039,888,00038,817,000
Operating Profit-14,151,0004,312,00013,938,000-8,985,000-7,564,000-8,809,000-772,000-2,236,000-15,142,000-261,0003,345,000-1,571,0006,172,0004,013,000-18,104,000
Interest Payable2,358,0001,606,0001,494,0001,956,0002,666,0002,371,0002,194,0002,641,0003,329,0003,177,0002,847,0002,913,0002,828,0001,724,0002,234,000
Interest Receivable1,825,000837,000624,000451,000766,000293,000618,000456,000695,0001,116,000835,0001,370,0001,677,0001,187,0001,467,000
Pre-Tax Profit-14,684,0003,547,00013,092,000-10,490,00021,855,000-10,887,000-2,348,000-4,421,000-17,776,000-2,322,0001,333,000-3,114,0005,021,0003,476,000-18,871,000
Tax-5,673,000-126,0000487,000-486,00010,00042,00017,000-508,000-644,000102,000887,000-983,0001,983,0001,781,000
Profit After Tax-20,357,0003,421,00013,092,000-10,003,00021,369,000-10,877,000-2,306,000-4,404,000-18,284,000-2,966,0001,435,000-2,227,0004,038,0005,459,000-17,090,000
Dividends Paid000000000000000
Retained Profit-20,357,0003,421,00013,092,000-10,003,00021,369,000-10,877,000-2,306,000-4,404,000-18,284,000-2,966,0001,435,000-2,227,0004,038,0005,459,000-17,090,000
Employee Costs25,730,00029,792,00027,126,00022,625,00024,931,00024,192,00025,279,00025,955,00030,004,00025,967,00021,260,00021,997,00024,942,00020,159,00018,153,000
Number Of Employees541597583613666679694687757785794713802657651
EBITDA*-5,510,00012,282,00021,448,000-851,00037,000-6,053,0002,349,000-1,387,000-11,928,0003,061,0006,246,000875,0008,319,0005,506,000-16,476,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets68,249,00061,457,00056,336,00049,170,00038,563,00023,070,00025,005,00025,238,00025,781,00019,309,00019,302,00019,258,00019,111,00014,595,00015,851,000
Intangible Assets44,00044,00096,00064,00039,000154,000513,000875,000511,000363,00000000
Investments & Other21,686,00021,709,00034,060,000000000000000
Debtors (Due After 1 year)000000000000022,745,00022,142,000
Total Fixed Assets89,979,00083,210,00090,492,00049,234,00038,602,00023,224,00025,518,00026,113,00026,292,00019,672,00019,302,00019,258,00019,111,00037,340,00037,993,000
Stock & work in progress35,646,00052,173,00051,153,00031,530,00038,148,00036,575,00040,257,00032,405,00028,652,00039,973,00040,388,00029,783,00034,097,00030,020,00026,082,000
Trade Debtors31,465,00038,757,00046,174,00033,088,00036,416,00050,558,00049,523,00045,072,00035,836,00056,750,00064,194,00050,193,00056,296,00039,015,00027,413,000
Group Debtors348,0008,391,00010,484,00020,975,00018,801,00038,693,00037,041,00040,008,00054,226,00038,141,0005,965,0003,823,0005,421,0007,069,0004,676,000
Misc Debtors1,277,0001,787,0002,512,0001,833,0002,911,0008,074,0009,885,0007,180,0006,339,0007,865,0007,594,0005,305,0005,136,0004,680,0002,339,000
Cash9,481,00011,637,00010,362,00017,185,00040,635,0007,503,000763,0001,439,000011,058,00035,999,0009,804,0002,204,0008,0003,535,000
misc current assets000000000000000
total current assets78,217,000112,745,000120,685,000104,611,000136,911,000141,403,000137,469,000126,104,000125,053,000153,787,000154,140,00098,908,000103,154,00080,792,00064,045,000
total assets168,196,000195,955,000211,177,000153,845,000175,513,000164,627,000162,987,000152,217,000151,345,000173,459,000173,442,000118,166,000122,265,000118,132,000102,038,000
Bank overdraft00024,000,00030,000,00030,000,00030,000,00030,000,00035,044,00040,000,00040,005,00020,000,00004,760,0000
Bank loan000000000000000
Trade Creditors 32,195,00042,179,00038,537,00035,259,00038,155,00052,724,00060,029,00045,189,00038,259,00054,232,00060,219,00043,485,00038,696,00041,664,00036,114,000
Group/Directors Accounts21,764,00030,654,00036,041,0001,338,00027,354,00037,672,00026,855,00025,161,00033,196,00031,490,00021,745,00013,165,00035,833,00025,823,00027,325,000
other short term finances000000000000000
hp & lease commitments3,981,0003,647,0003,181,0004,521,0003,972,0000000000000
other current liabilities7,327,0009,579,00012,514,0009,370,0005,568,0007,513,0008,089,0008,256,0005,162,0006,028,0006,158,0007,605,00010,243,00012,470,0009,363,000
total current liabilities65,267,00086,059,00090,273,00074,488,000105,049,000127,909,000124,973,000108,606,000111,661,000131,750,000128,127,00084,255,00084,772,00084,717,00072,802,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities14,601,0009,039,0009,774,00012,303,00014,164,0000000000000
provisions10,614,0002,526,0004,245,0002,476,0002,268,0001,322,0001,444,0002,082,0001,997,0001,113,0001,425,0001,421,00052,0000428,000
total long term liabilities25,215,00011,565,00014,194,00032,343,00033,614,00014,027,00024,293,00029,290,00020,051,00019,226,00010,157,00011,158,0001,013,0001,081,0001,529,000
total liabilities90,482,00097,624,000104,467,000106,831,000138,663,000141,936,000149,266,000137,896,000131,712,000150,976,000138,284,00095,413,00085,785,00085,798,00074,331,000
net assets77,714,00098,331,000106,710,00047,014,00036,850,00022,691,00013,721,00014,321,00019,633,00022,483,00035,158,00022,753,00036,480,00032,334,00027,707,000
total shareholders funds77,714,00098,331,000106,710,00047,014,00036,850,00022,691,00013,721,00014,321,00019,633,00022,483,00035,158,00022,753,00036,480,00032,334,00027,707,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-14,151,0004,312,00013,938,000-8,985,000-7,564,000-8,809,000-772,000-2,236,000-15,142,000-261,0003,345,000-1,571,0006,172,0004,013,000-18,104,000
Depreciation8,587,0007,898,0007,510,0008,095,0007,485,0002,337,0002,555,000228,0002,905,0002,949,0002,901,0002,446,0002,147,0001,493,0001,628,000
Amortisation54,00072,000039,000116,000419,000566,000621,000309,000373,00000000
Tax-5,673,000-126,0000487,000-486,00010,00042,00017,000-508,000-644,000102,000887,000-983,0001,983,0001,781,000
Stock-16,527,0001,020,00019,623,000-6,618,0001,573,000-3,682,0007,852,0003,753,000-11,321,000-415,00010,605,000-4,314,0004,077,0003,938,00026,082,000
Debtors-15,845,000-10,235,0003,274,000-2,232,000-39,197,000876,0004,189,000-4,141,000-6,355,00025,003,00018,432,000-7,532,000-6,656,00016,939,00056,570,000
Creditors-9,984,0003,642,0003,278,000-2,896,000-14,569,000-7,305,00014,840,0006,930,000-15,973,000-5,987,00016,734,0004,789,000-2,968,0005,550,00036,114,000
Accruals and Deferred Income-2,252,000-2,935,0003,144,0003,802,000-1,945,000-576,000-167,0003,094,000-866,000-130,000-1,447,000-2,638,000-2,227,0003,107,0009,363,000
Deferred Taxes & Provisions8,088,000-1,719,0001,769,000208,000946,000-122,000-638,00085,000884,000-312,0004,0001,369,00052,000-428,000428,000
Cash flow from operations17,041,00020,359,0006,742,0009,600,00021,607,000-11,240,0004,385,0009,127,000-10,715,000-28,600,000-7,398,00017,128,0004,772,000-5,159,000-51,442,000
Investing Activities
capital expenditure-15,433,000-13,039,000-14,708,000-18,766,000-22,979,000-462,000-2,526,000-670,000-9,834,000-3,692,000-2,945,000-2,593,000-6,663,000-237,000-17,479,000
Change in Investments-23,000-12,351,00034,060,000000000000000
cash flow from investments-15,410,000-688,000-48,768,000-18,766,000-22,979,000-462,000-2,526,000-670,000-9,834,000-3,692,000-2,945,000-2,593,000-6,663,000-237,000-17,479,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-8,890,000-5,387,00034,703,000-26,016,000-10,318,00010,817,0001,694,000-8,035,0001,706,0009,745,0008,580,000-22,668,00010,010,000-1,502,00027,325,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments334,000466,000-1,340,000549,0003,972,0000000000000
other long term liabilities5,562,000-735,000-2,529,000-1,861,00014,164,0000000000000
share issue-260,000-11,800,00046,604,00020,167,000-7,210,00019,847,0001,706,000-908,00015,434,000-9,709,00010,970,000-11,500,000108,000-832,00044,797,000
interest-533,000-769,000-870,000-1,505,000-1,900,000-2,078,000-1,576,000-2,185,000-2,634,000-2,061,000-2,012,000-1,543,000-1,151,000-537,000-767,000
cash flow from financing-3,787,000-18,225,00076,568,000-8,666,000-1,292,00028,586,0001,824,000-11,128,00014,506,000-2,025,00017,538,000-35,711,0008,967,000-2,871,00071,355,000
cash and cash equivalents
cash-2,156,0001,275,000-6,823,000-23,450,00033,132,0006,740,000-676,0001,439,000-11,058,000-24,941,00026,195,0007,600,0002,196,000-3,527,0003,535,000
overdraft00-24,000,000-6,000,000000-5,044,000-4,956,000-5,00020,005,00020,000,000-4,760,0004,760,0000
change in cash-2,156,0001,275,00017,177,000-17,450,00033,132,0006,740,000-676,0006,483,000-6,102,000-24,936,0006,190,000-12,400,0006,956,000-8,287,0003,535,000

asd 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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Asd Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for asd limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in LS10 area or any other competitors across 12 key performance metrics.

asd limited Ownership

ASD LIMITED group structure

Asd Limited has 4 subsidiary companies.

ASD LIMITED Shareholders

klockner metals uk holding ltd 100%

asd limited directors

Asd Limited currently has 4 directors. The longest serving directors include Mr Barrie Salter (Sep 2015) and Mr Peter Whiting (Apr 2019).

officercountryagestartendrole
Mr Barrie Salter54 years Sep 2015- Director
Mr Peter WhitingEngland67 years Apr 2019- Director
Mr Robert Brien52 years Jun 2021- Director
Mrs Helen ShawEngland44 years Nov 2022- Director

P&L

December 2023

turnover

192m

-24%

operating profit

-14.2m

-428%

gross margin

22.4%

-12.11%

turnover

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

Balance Sheet

December 2023

net assets

77.7m

-0.21%

total assets

168.2m

-0.14%

cash

9.5m

-0.19%

net assets

Total assets minus all liabilities

asd limited company details

company number

01370600

Type

Private limited with Share Capital

industry

46720 - Wholesale of metals and metal ores

incorporation date

May 1978

age

46

incorporated

UK

ultimate parent company

HIERROS ANON SA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

asd plc (March 2005)

associated steel distributors public limited company (May 1986)

See more

accountant

-

auditor

RODL & PARTNER LIMITED

address

valley farm road, stourton, leeds, LS10 1SD

Bank

BARCLAYS BANK PLC

Legal Advisor

-

asd 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 32 charges/mortgages relating to asd limited. Currently there are 1 open charges and 31 have been satisfied in the past.

charges

asd limited Companies House Filings - See Documents

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