abbey england limited

abbey england limited Company Information

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MatureMidDeclining

Company Number

01638775

Industry

Non-specialised wholesale trade

 

Shareholders

richard brown

margaret phillips

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Group Structure

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Contact

Registered Address

abbey house, haig road, parkgate, haig road, knutsford, WA16 8DX

abbey england limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ABBEY ENGLAND LIMITED at £2.9m based on a Turnover of £7.5m and 0.39x industry multiple (adjusted for size and gross margin).

abbey england limited Estimated Valuation

£9.6m

Pomanda estimates the enterprise value of ABBEY ENGLAND LIMITED at £9.6m based on an EBITDA of £2.1m and a 4.49x industry multiple (adjusted for size and gross margin).

abbey england limited Estimated Valuation

£6.3m

Pomanda estimates the enterprise value of ABBEY ENGLAND LIMITED at £6.3m based on Net Assets of £2.3m and 2.75x industry multiple (adjusted for liquidity).

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Abbey England Limited Overview

Abbey England Limited is a live company located in knutsford, WA16 8DX with a Companies House number of 01638775. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 1982, it's largest shareholder is richard brown with a 20% stake. Abbey England Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.5m with declining growth in recent years.

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Abbey England Limited Health Check

Pomanda's financial health check has awarded Abbey England Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £7.5m, make it smaller than the average company (£15.4m)

£7.5m - Abbey England Limited

£15.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.1%)

-2% - Abbey England Limited

8.1% - Industry AVG

production

Production

with a gross margin of 27.4%, this company has a comparable cost of product (27.4%)

27.4% - Abbey England Limited

27.4% - Industry AVG

profitability

Profitability

an operating margin of 26.8% make it more profitable than the average company (5%)

26.8% - Abbey England Limited

5% - Industry AVG

employees

Employees

with 49 employees, this is above the industry average (37)

49 - Abbey England Limited

37 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Abbey England Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £152.4k, this is less efficient (£374k)

£152.4k - Abbey England Limited

£374k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is earlier than average (51 days)

26 days - Abbey England Limited

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 26 days, this is quicker than average (32 days)

26 days - Abbey England Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 113 days, this is more than average (71 days)

113 days - Abbey England Limited

71 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (16 weeks)

16 weeks - Abbey England Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.8%, this is a lower level of debt than the average (45.5%)

26.8% - Abbey England Limited

45.5% - Industry AVG

ABBEY ENGLAND LIMITED financials

EXPORTms excel logo

Abbey England Limited's latest turnover from March 2024 is estimated at £7.5 million and the company has net assets of £2.3 million. According to their latest financial statements, Abbey England Limited has 49 employees and maintains cash reserves of £266.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover7,468,2557,506,1697,882,1337,758,3667,936,9057,839,7257,471,4027,112,0337,059,8676,122,8115,335,9925,286,4745,764,5894,805,6190
Other Income Or Grants000000000000000
Cost Of Sales5,424,5925,415,5545,706,1225,653,7125,764,7615,742,5485,427,0995,101,1255,060,3734,417,8573,837,6143,794,3074,162,3353,443,2820
Gross Profit2,043,6632,090,6152,176,0102,104,6542,172,1442,097,1782,044,3032,010,9081,999,4931,704,9541,498,3771,492,1661,602,2531,362,3370
Admin Expenses44,3342,038,3451,894,0972,758,7992,149,3081,980,6781,824,9331,836,2811,879,0981,740,6391,391,2281,344,7761,679,4871,124,885-2,043,732
Operating Profit1,999,32952,270281,913-654,14522,836116,500219,370174,627120,395-35,685107,149147,390-77,234237,4522,043,732
Interest Payable82647,69127,48018,50614,58710,2827,5338,9806,1112,61611,92114,3367,8918,6705,809
Interest Receivable6,9871,207630253339388186515113915443191910
Pre-Tax Profit2,005,4915,786255,063-672,3988,588106,605212,023165,698114,335-38,16195,382133,097-85,106228,8012,037,932
Tax-501,373-1,099-48,4620-1,632-20,255-40,284-33,139-22,8670-21,938-31,9430-64,064-570,621
Profit After Tax1,504,1184,687206,601-672,3986,95686,350171,739132,55891,468-38,16173,444101,154-85,106164,7371,467,311
Dividends Paid000000000000000
Retained Profit1,504,1184,687206,601-672,3986,95686,350171,739132,55891,468-38,16173,444101,154-85,106164,7371,467,311
Employee Costs2,178,5052,230,6742,134,1112,226,5512,226,5512,104,3551,984,7141,765,0191,715,050706,498638,346630,378689,379612,0450
Number Of Employees49535359595755505021191921190
EBITDA*2,136,918166,382374,685-590,32888,077189,253311,167248,627189,34827,997165,896227,80322,456307,9622,097,417

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets434,192958,876990,922519,670544,330579,816648,230609,454600,816550,613552,045552,916576,992528,888544,954
Intangible Assets28,90593,476145,133100,57900000013,95327,90764,75790,810130,199
Investments & Other1,0021,0021,0021,0021,0021,0021,0011,0011,0011,0011,0011,001200
Debtors (Due After 1 year)0299,987319,130339,6740000014,50017,50020,750000
Total Fixed Assets464,0991,353,3411,456,187960,925545,332580,818649,231610,455601,817566,114584,499602,574641,751619,698675,153
Stock & work in progress1,679,9251,818,9341,792,0481,617,5201,920,1621,882,6271,818,1601,791,4161,681,0511,730,0001,590,0531,628,0001,584,5251,368,4711,227,772
Trade Debtors547,955525,799668,316569,509640,366659,814711,412653,307665,658753,044676,935722,977754,756733,109658,207
Group Debtors000000000000000
Misc Debtors170,81758,57455,70267,594286,912315,19028,00057,65517,051000000
Cash266,18437,68431,307473,03933,86056,50446,87227,72313,0217,50448,27113,3233,8313,8313,831
misc current assets000000000000000
total current assets2,664,8812,440,9912,547,3732,727,6622,881,3002,914,1352,604,4442,530,1012,376,7812,490,5482,315,2592,364,3002,343,1122,105,4111,889,810
total assets3,128,9803,794,3324,003,5603,688,5873,426,6323,494,9533,253,6753,140,5562,978,5983,056,6622,899,7582,966,8742,984,8632,725,1092,564,963
Bank overdraft14,680184,009140,50465,469132,984172,222132,44399,338135,70409,000205,56267,74388,018178,750
Bank loan000000000000000
Trade Creditors 395,772376,197503,917549,679402,126488,440467,041580,778539,8491,117,771907,307754,9301,008,944652,812610,370
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments4,7434,3610000000000000
other current liabilities399,183346,503381,397430,222391,461524,134412,885400,149274,465000000
total current liabilities814,378911,0701,025,8181,045,370926,5711,184,7961,012,3691,080,265950,0181,117,771916,307960,4921,076,687740,830789,120
loans0287,422392,088281,311126,99700052,329071,48680,75887,03100
hp & lease commitments1,2367,1160000000000000
Accruals and Deferred Income000000000000000
other liabilities23,84866,74866,74849,96759,94100050,000111,92450,000138,085133,815335,103293,264
provisions025,23626,85326,48728,47332,46349,96240,68639,20431,38828,22527,24328,18815,12813,268
total long term liabilities25,084386,522485,689357,765215,41132,46349,96240,686141,533143,312149,711246,086249,034350,231306,532
total liabilities839,4621,297,5921,511,5071,403,1351,141,9821,217,2591,062,3311,120,9511,091,5511,261,0831,066,0181,206,5781,325,7211,091,0611,095,652
net assets2,289,5182,496,7402,492,0532,285,4522,284,6502,277,6942,191,3442,019,6051,887,0471,795,5791,833,7401,760,2961,659,1421,634,0481,469,311
total shareholders funds2,289,5182,496,7402,492,0532,285,4522,284,6502,277,6942,191,3442,019,6051,887,0471,795,5791,833,7401,760,2961,659,1421,634,0481,469,311
Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,999,32952,270281,913-654,14522,836116,500219,370174,627120,395-35,685107,149147,390-77,234237,4522,043,732
Depreciation73,01862,45560,79063,81765,24172,75391,79774,00068,95349,72944,79343,56353,63331,12128,637
Amortisation64,57151,65731,98200000013,95313,95436,85046,05739,38925,048
Tax-501,373-1,099-48,4620-1,632-20,255-40,284-33,139-22,8670-21,938-31,9430-64,064-570,621
Stock1,679,92526,886174,528-302,64237,53564,46726,744110,365-48,949139,947-37,94743,475216,054140,6991,227,772
Debtors718,772-158,78866,37149,499-47,726235,59228,45028,253-84,83573,109-49,292-11,02921,64774,902658,207
Creditors395,772-127,720-45,762147,553-86,31421,399-113,73740,929-577,922210,464152,377-254,014356,13242,442610,370
Accruals and Deferred Income399,183-34,894-48,82538,761-132,673111,24912,736125,684274,465000000
Deferred Taxes & Provisions0-1,617366-1,986-3,990-17,4999,2761,4827,8163,163982-94513,0601,86013,268
Cash flow from operations31,803132,954-8,897-152,857-126,341-15,912123,964244,9654,62428,568384,556-91,545153,94772,599264,455
Investing Activities
capital expenditure-600,686-30,409-608,578-139,736-29,755-4,339-130,573-82,638-119,156-48,297-43,922-19,487-121,741-15,055-728,838
Change in Investments1,0020000100000999200
cash flow from investments-601,688-30,409-608,578-139,736-29,755-4,340-130,573-82,638-119,156-48,297-43,922-20,486-121,743-15,055-728,838
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans0-104,666110,777154,314126,99700-52,32952,329-71,486-9,272-6,27387,03100
Hire Purchase and Lease Commitments5,97911,4770000000000000
other long term liabilities23,848016,781-9,97459,94100-50,000-61,92461,924-88,0854,270-201,28841,839293,264
share issue785,40000673,20000000000110,20002,000
interest6,161-46,484-26,850-18,253-14,248-9,894-7,347-8,929-6,060-2,477-11,767-14,293-7,872-8,651-5,799
cash flow from financing821,388-139,673100,708799,287172,690-9,894-7,347-111,258-15,655-12,039-109,124-16,296-11,92933,188289,465
cash and cash equivalents
cash266,1846,377-441,732439,179-22,6449,63219,14914,7025,517-40,76734,9489,492003,831
overdraft14,68043,50575,035-67,515-39,23839,77933,105-36,366135,704-9,000-196,562137,819-20,275-90,732178,750
change in cash251,504-37,128-516,767506,69416,594-30,147-13,95651,068-130,187-31,767231,510-128,32720,27590,732-174,919

abbey england 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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Abbey England Limited Competitor Analysis

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Perform a competitor analysis for abbey england limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WA16 area or any other competitors across 12 key performance metrics.

abbey england limited Ownership

ABBEY ENGLAND LIMITED group structure

Abbey England Limited has 3 subsidiary companies.

ABBEY ENGLAND LIMITED Shareholders

richard brown 20%
margaret phillips 20%
ellananne pickering 18.18%
yvonne brown 10%
m.l. brown 6%
m.j. brown 5.45%
r. pickering 5.45%
p phillips 5.45%
j. kane 5.45%
ellenanne pickering 1.82%

abbey england limited directors

Abbey England Limited currently has 5 directors. The longest serving directors include Mrs Margaret Phillips (Dec 1991) and Mr Richard Brown (Jan 1995).

officercountryagestartendrole
Mrs Margaret Phillips68 years Dec 1991- Director
Mr Richard Brown63 years Jan 1995- Director
Mr Peter Phillips69 years Apr 2011- Director
Mr Richard PickeringEngland59 years Apr 2011- Director
Mr Gregory BrownEngland35 years Dec 2019- Director

P&L

March 2024

turnover

7.5m

0%

operating profit

2m

0%

gross margin

27.4%

0%

turnover

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

Balance Sheet

March 2024

net assets

2.3m

0%

total assets

3.1m

0%

cash

266.2k

0%

net assets

Total assets minus all liabilities

abbey england limited company details

company number

01638775

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

May 1982

age

43

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

abbey saddlery & crafts limited (April 2011)

cordvine limited (August 1982)

accountant

PERCY WESTHEAD & COMPANY

auditor

-

address

abbey house, haig road, parkgate, haig road, knutsford, WA16 8DX

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

abbey england 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 6 charges/mortgages relating to abbey england limited. Currently there are 4 open charges and 2 have been satisfied in the past.

abbey england 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.

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abbey england limited Companies House Filings - See Documents

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