appreciate limited
appreciate limited Company Information
Company Number
01711939
Next Accounts
Dec 2024
Industry
Activities of head offices
Shareholders
paypoint plc
Group Structure
View All
Contact
Registered Address
valley rd, birkenhead, merseyside, CH41 7ED
Website
http://www.love2shop.co.ukappreciate limited Estimated Valuation
Pomanda estimates the enterprise value of APPRECIATE LIMITED at £12.6m based on a Turnover of £10m and 1.26x industry multiple (adjusted for size and gross margin).
appreciate limited Estimated Valuation
Pomanda estimates the enterprise value of APPRECIATE LIMITED at £36.8m based on an EBITDA of £3.9m and a 9.56x industry multiple (adjusted for size and gross margin).
appreciate limited Estimated Valuation
Pomanda estimates the enterprise value of APPRECIATE LIMITED at £25.5m based on Net Assets of £12.8m and 1.99x industry multiple (adjusted for liquidity).
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Appreciate Limited Overview
Appreciate Limited is a live company located in merseyside, CH41 7ED with a Companies House number of 01711939. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1983, it's largest shareholder is paypoint plc with a 100% stake. Appreciate Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10m with declining growth in recent years.
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Appreciate Limited Health Check
Pomanda's financial health check has awarded Appreciate 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
4 Strong
0 Regular
5 Weak
Size
annual sales of £10m, make it smaller than the average company (£19.8m)
£10m - Appreciate Limited
£19.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (4.3%)
-55% - Appreciate Limited
4.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (32.8%)
100% - Appreciate Limited
32.8% - Industry AVG
Profitability
an operating margin of 37.9% make it more profitable than the average company (5.9%)
37.9% - Appreciate Limited
5.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (116)
5 - Appreciate Limited
116 - Industry AVG
Pay Structure
on an average salary of £397.2k, the company has a higher pay structure (£45.4k)
£397.2k - Appreciate Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £2m, this is more efficient (£186.6k)
£2m - Appreciate Limited
£186.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Appreciate Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Appreciate Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Appreciate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (16 weeks)
34 weeks - Appreciate Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a higher level of debt than the average (57%)
64.6% - Appreciate Limited
57% - Industry AVG
APPRECIATE LIMITED financials
Appreciate Limited's latest turnover from March 2023 is £10 million and the company has net assets of £12.8 million. According to their latest financial statements, Appreciate Limited has 5 employees and maintains cash reserves of £15.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,000,000 | 123,265,000 | 106,805,000 | 112,724,000 | 110,394,000 | 111,054,000 | 310,927,000 | 302,545,000 | 293,329,000 | 269,563,000 | 278,984,000 | 279,025,000 | 279,938,000 | 263,186,000 |
| Other Income Or Grants | 0 | 0 | 0 | -124,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 91,832,000 | 82,469,000 | 79,778,000 | 79,117,000 | 79,628,000 | 280,758,000 | 274,060,000 | 265,966,000 | 245,928,000 | 255,291,000 | 257,283,000 | 259,819,000 | 246,752,000 |
| Gross Profit | 10,000,000 | 31,433,000 | 24,336,000 | 32,822,000 | 31,277,000 | 31,426,000 | 30,169,000 | 28,485,000 | 27,363,000 | 23,635,000 | 23,693,000 | 21,742,000 | 20,119,000 | 16,434,000 |
| Admin Expenses | 6,210,000 | 25,718,000 | 24,896,000 | 26,426,000 | 21,545,000 | 20,109,000 | 19,288,000 | 18,085,000 | 17,675,000 | 15,807,000 | 16,210,000 | 14,883,000 | 8,994,000 | 12,115,000 |
| Operating Profit | 3,790,000 | 5,715,000 | -560,000 | 6,396,000 | 9,732,000 | 11,317,000 | 10,881,000 | 10,400,000 | 9,688,000 | 7,828,000 | 7,483,000 | 6,859,000 | 11,125,000 | 4,319,000 |
| Interest Payable | 173,000 | 451,000 | 360,000 | 177,000 | 0 | 4,000 | 2,000 | 66,000 | 1,000 | 2,000 | 0 | 2,000 | 2,000 | 5,000 |
| Interest Receivable | 322,000 | 379,000 | 783,000 | 1,481,000 | 1,572,000 | 1,274,000 | 1,472,000 | 1,523,000 | 1,246,000 | 1,578,000 | 2,034,000 | 1,725,000 | 1,384,000 | 960,000 |
| Pre-Tax Profit | 3,939,000 | 5,643,000 | -137,000 | 7,700,000 | 11,304,000 | 12,587,000 | 12,351,000 | 11,857,000 | 10,933,000 | 9,404,000 | 9,517,000 | 8,582,000 | 12,507,000 | 5,274,000 |
| Tax | 615,000 | -1,251,000 | -138,000 | -2,189,000 | -2,422,000 | -2,399,000 | -2,452,000 | -2,169,000 | -2,434,000 | -2,124,000 | -1,933,000 | -2,066,000 | -2,993,000 | -1,734,000 |
| Profit After Tax | 4,554,000 | 4,392,000 | -275,000 | 5,511,000 | 8,882,000 | 10,188,000 | 9,899,000 | 9,688,000 | 8,499,000 | 7,280,000 | 7,584,000 | 6,516,000 | 9,514,000 | 3,540,000 |
| Dividends Paid | 0 | 0 | 1,863,000 | 5,963,000 | 5,668,000 | 5,370,000 | 5,052,000 | 4,380,000 | 4,198,000 | 0 | 3,380,000 | 2,856,000 | 1,453,000 | 0 |
| Retained Profit | 4,554,000 | 4,392,000 | -2,138,000 | -452,000 | 3,214,000 | 4,818,000 | 4,847,000 | 5,308,000 | 4,301,000 | 7,409,000 | 4,337,000 | 3,611,000 | 8,061,000 | 3,540,000 |
| Employee Costs | 1,986,000 | 1,970,000 | 1,942,000 | 15,899,000 | 15,502,000 | 14,050,000 | 13,544,000 | 12,768,000 | 12,313,000 | 10,695,000 | 10,582,000 | 10,630,000 | 10,388,000 | 7,927,000 |
| Number Of Employees | 5 | 303 | 382 | 353 | 329 | 339 | 306 | 304 | 286 | 283 | 278 | |||
| EBITDA* | 3,850,000 | 7,581,000 | 1,231,000 | 7,770,000 | 11,571,000 | 12,745,000 | 12,286,000 | 11,782,000 | 11,201,000 | 9,270,000 | 9,013,000 | 8,429,000 | 11,636,000 | 5,098,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,423,000 | 8,409,000 | 7,541,000 | 14,873,000 | 8,143,000 | 10,642,000 | 9,515,000 | 9,393,000 | 9,444,000 | 8,945,000 | 9,143,000 | 9,962,000 | 10,680,000 | 4,612,000 |
| Intangible Assets | 2,000 | 7,442,000 | 7,085,000 | 5,557,000 | 4,463,000 | 4,463,000 | 4,884,000 | 4,356,000 | 4,488,000 | 5,110,000 | 5,454,000 | 5,660,000 | 5,926,000 | 4,919,000 |
| Investments & Other | 11,216,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000 | 512,000 | 259,000 | 265,000 | 264,000 | 270,000 |
| Debtors (Due After 1 year) | 92,000 | 1,327,000 | 490,000 | 4,206,000 | 1,927,000 | 0 | 0 | 0 | 0 | 0 | 0 | 628,000 | 0 | 0 |
| Total Fixed Assets | 11,333,000 | 14,524,000 | 14,136,000 | 16,224,000 | 12,606,000 | 15,105,000 | 14,399,000 | 13,749,000 | 13,932,000 | 14,055,000 | 14,597,000 | 15,622,000 | 16,606,000 | 9,531,000 |
| Stock & work in progress | 0 | 5,201,000 | 3,638,000 | 2,840,000 | 4,574,000 | 3,808,000 | 2,632,000 | 2,182,000 | 3,186,000 | 1,557,000 | 1,419,000 | 1,941,000 | 1,325,000 | 878,000 |
| Trade Debtors | 0 | 6,877,000 | 5,725,000 | 5,817,000 | 9,439,000 | 7,204,000 | 6,501,000 | 6,233,000 | 6,654,000 | 5,378,000 | 3,864,000 | 3,582,000 | 3,597,000 | 2,378,000 |
| Group Debtors | 9,007,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 384,000 | 5,051,000 | 5,680,000 | 3,640,000 | 3,143,000 | 3,713,000 | 2,595,000 | 2,496,000 | 4,558,000 | 4,693,000 | 3,643,000 | 3,674,000 | 2,990,000 | 2,523,000 |
| Cash | 15,538,000 | 20,842,000 | 31,415,000 | 29,632,000 | 36,868,000 | 40,311,000 | 34,236,000 | 32,735,000 | 26,333,000 | 14,842,000 | 10,810,000 | 7,111,000 | 6,808,000 | 15,479,000 |
| misc current assets | 0 | 119,537,000 | 132,054,000 | 102,693,000 | 99,451,000 | 87,192,000 | 83,218,000 | 75,719,000 | 66,267,000 | 58,014,000 | 48,813,000 | 48,982,000 | 39,607,000 | 22,182,000 |
| total current assets | 24,929,000 | 158,253,000 | 179,250,000 | 148,041,000 | 153,475,000 | 142,228,000 | 129,182,000 | 119,365,000 | 106,998,000 | 84,484,000 | 68,549,000 | 65,290,000 | 54,327,000 | 43,440,000 |
| total assets | 36,262,000 | 172,777,000 | 193,386,000 | 164,265,000 | 166,081,000 | 157,333,000 | 143,581,000 | 133,114,000 | 120,930,000 | 98,539,000 | 83,146,000 | 80,912,000 | 70,933,000 | 52,971,000 |
| Bank overdraft | 0 | 660,000 | 0 | 0 | 2,305,000 | 6,068,000 | 0 | 3,918,000 | 3,095,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 334,000 | 52,036,000 | 52,776,000 | 57,150,000 | 61,191,000 | 62,475,000 | 60,846,000 | 56,049,000 | 51,972,000 | 47,046,000 | 42,504,000 | 55,804,000 | 47,701,000 | 42,810,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 17,060,000 | 0 | 0 | 0 | 13,982,000 | 13,161,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,097,000 | 97,460,000 | 121,409,000 | 66,455,000 | 85,322,000 | 74,765,000 | 69,192,000 | 50,859,000 | 49,962,000 | 53,802,000 | 51,397,000 | 38,854,000 | 40,551,000 | 35,710,000 |
| total current liabilities | 23,431,000 | 150,156,000 | 174,185,000 | 140,665,000 | 148,818,000 | 143,308,000 | 130,038,000 | 124,808,000 | 118,190,000 | 100,848,000 | 93,901,000 | 94,658,000 | 88,252,000 | 78,520,000 |
| loans | 0 | 9,000,000 | 9,332,000 | 8,264,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 4,500,000 | 4,666,000 | 4,132,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1,221,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 132,000 | 56,000 | 2,242,000 | 1,106,000 | 0 | 2,236,000 | 3,762,000 | 5,814,000 | 588,000 | 782,000 | 3,810,000 | 4,282,000 | 7,698,000 |
| total long term liabilities | 0 | 4,566,000 | 4,694,000 | 5,253,000 | 553,000 | 0 | 1,118,000 | 1,881,000 | 2,907,000 | 1,515,000 | 391,000 | 1,905,000 | 2,141,000 | 3,849,000 |
| total liabilities | 23,431,000 | 154,722,000 | 178,879,000 | 145,918,000 | 149,371,000 | 143,308,000 | 131,156,000 | 126,689,000 | 121,097,000 | 102,363,000 | 94,292,000 | 96,563,000 | 90,393,000 | 82,369,000 |
| net assets | 12,831,000 | 18,055,000 | 14,507,000 | 18,347,000 | 16,710,000 | 14,025,000 | 12,425,000 | 6,425,000 | -167,000 | -3,824,000 | -11,146,000 | -15,651,000 | -19,460,000 | -29,398,000 |
| total shareholders funds | 12,831,000 | 18,055,000 | 14,507,000 | 18,347,000 | 16,710,000 | 14,025,000 | 12,425,000 | 6,425,000 | -167,000 | -3,824,000 | -11,146,000 | -15,651,000 | -19,460,000 | -29,398,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,790,000 | 5,715,000 | -560,000 | 6,396,000 | 9,732,000 | 11,317,000 | 10,881,000 | 10,400,000 | 9,688,000 | 7,828,000 | 7,483,000 | 6,859,000 | 11,125,000 | 4,319,000 |
| Depreciation | 53,000 | 1,027,000 | 938,000 | 511,000 | 1,839,000 | 663,000 | 681,000 | 667,000 | 679,000 | 661,000 | 651,000 | 594,000 | 466,000 | 491,000 |
| Amortisation | 7,000 | 839,000 | 853,000 | 863,000 | 0 | 765,000 | 724,000 | 715,000 | 834,000 | 781,000 | 879,000 | 976,000 | 45,000 | 288,000 |
| Tax | 615,000 | -1,251,000 | -138,000 | -2,189,000 | -2,422,000 | -2,399,000 | -2,452,000 | -2,169,000 | -2,434,000 | -2,124,000 | -1,933,000 | -2,066,000 | -2,993,000 | -1,734,000 |
| Stock | -5,201,000 | 1,563,000 | 798,000 | -1,734,000 | 766,000 | 1,176,000 | 450,000 | -1,004,000 | 1,629,000 | 138,000 | -522,000 | 616,000 | 447,000 | 878,000 |
| Debtors | -3,772,000 | 1,360,000 | -1,768,000 | -846,000 | 3,592,000 | 1,821,000 | 367,000 | -2,483,000 | 1,141,000 | 2,564,000 | -377,000 | 1,297,000 | 1,686,000 | 4,901,000 |
| Creditors | -51,702,000 | -740,000 | -4,374,000 | -4,041,000 | -1,284,000 | 1,629,000 | 4,797,000 | 4,077,000 | 4,926,000 | 4,542,000 | -13,300,000 | 8,103,000 | 4,891,000 | 42,810,000 |
| Accruals and Deferred Income | -74,363,000 | -23,949,000 | 54,954,000 | -18,867,000 | 10,557,000 | 5,573,000 | 18,333,000 | 897,000 | -3,840,000 | 2,405,000 | 12,543,000 | -1,697,000 | 4,841,000 | 35,710,000 |
| Deferred Taxes & Provisions | -132,000 | 76,000 | -2,186,000 | 1,136,000 | 1,106,000 | -2,236,000 | -1,526,000 | -2,052,000 | 5,226,000 | -194,000 | -3,028,000 | -472,000 | -3,416,000 | 7,698,000 |
| Cash flow from operations | -112,759,000 | -21,206,000 | 50,457,000 | -13,611,000 | 15,170,000 | 12,315,000 | 30,621,000 | 16,022,000 | 12,309,000 | 11,197,000 | 4,194,000 | 10,384,000 | 12,826,000 | 83,803,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 11,216,000 | 0 | 0 | 0 | 0 | 0 | 0 | -8,000 | -504,000 | 253,000 | -6,000 | 1,000 | -6,000 | 270,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -17,060,000 | 17,060,000 | 0 | 0 | -13,982,000 | 821,000 | 13,161,000 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,000,000 | -332,000 | 1,068,000 | 8,264,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,500,000 | -166,000 | 534,000 | 4,132,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,221,000 | 1,221,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 149,000 | -72,000 | 423,000 | 1,304,000 | 1,572,000 | 1,270,000 | 1,470,000 | 1,457,000 | 1,245,000 | 1,576,000 | 2,034,000 | 1,723,000 | 1,382,000 | 955,000 |
| cash flow from financing | -23,129,000 | -1,414,000 | -16,737,000 | 32,849,000 | 1,043,000 | -1,948,000 | -11,359,000 | 3,562,000 | 12,541,000 | 2,710,000 | 2,202,000 | 1,921,000 | 3,259,000 | -31,983,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -5,304,000 | -10,573,000 | 1,783,000 | -7,236,000 | -3,443,000 | 6,075,000 | 1,501,000 | 6,402,000 | 11,491,000 | 4,032,000 | 3,699,000 | 303,000 | -8,671,000 | 15,479,000 |
| overdraft | -660,000 | 660,000 | 0 | -2,305,000 | -3,763,000 | 6,068,000 | -3,918,000 | 823,000 | 3,095,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,644,000 | -11,233,000 | 1,783,000 | -4,931,000 | 320,000 | 7,000 | 5,419,000 | 5,579,000 | 8,396,000 | 4,032,000 | 3,699,000 | 303,000 | -8,671,000 | 15,479,000 |
appreciate limited Credit Report and Business Information
Appreciate Limited Competitor Analysis
Perform a competitor analysis for appreciate limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in CH41 area or any other competitors across 12 key performance metrics.
appreciate limited Ownership
APPRECIATE LIMITED group structure
Appreciate Limited has 27 subsidiary companies.
Ultimate parent company
1 parent
APPRECIATE LIMITED
01711939
27 subsidiaries
appreciate limited directors
Appreciate Limited currently has 3 directors. The longest serving directors include Mrs Sally Cabrini (Sep 2019) and Mr Julian Coghlan (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sally Cabrini | 60 years | Sep 2019 | - | Director | |
| Mr Julian Coghlan | 55 years | Sep 2022 | - | Director | |
| Mr David Harding | 50 years | Apr 2024 | - | Director |
P&L
March 2023turnover
10m
-92%
operating profit
3.8m
-34%
gross margin
100%
+292.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
12.8m
-0.29%
total assets
36.3m
-0.79%
cash
15.5m
-0.25%
net assets
Total assets minus all liabilities
appreciate limited company details
company number
01711939
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
April 1983
age
41
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
appreciate group plc (March 2023)
park group plc (November 2019)
See moreaccountant
-
auditor
BDO LLP
address
valley rd, birkenhead, merseyside, CH41 7ED
Bank
BARCLAYS BANK PLC
Legal Advisor
-
appreciate 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 appreciate limited. Currently there are 0 open charges and 4 have been satisfied in the past.
appreciate 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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appreciate limited Companies House Filings - See Documents
| date | description | view/download |
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