Able Instruments And Controls Limited

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able instruments and controls limited Company Information

Live

MatureMidDeclining

Company Number

01851002

Next Accounts

Sep 2025

Industry

Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Directors

Michael Shortall

Richard Sygrove

Shareholders

halwell trading ltd

Group Structure

View All

Contact

Registered Address

cutbush park danehill, lower earley, reading, berks, RG6 4UT

Website

www.able.co.uk

able instruments and controls limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of ABLE INSTRUMENTS AND CONTROLS LIMITED at £4.5m based on Net Assets of £2.2m and 2.05x industry multiple (adjusted for liquidity).

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Able Instruments And Controls Limited is a live company located in reading, RG6 4UT with a Companies House number of 01851002. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in September 1984, it's largest shareholder is halwell trading ltd with a 100% stake. Able Instruments And Controls Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.3m with declining growth in recent years.

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Pomanda's financial health check has awarded Able Instruments And Controls Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

3 Strong

6 Regular

3 Weak

Size

annual sales of £6.3m, make it smaller than the average company (£15.5m)

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.3%)

EXPORT

Able Instruments And Controls Limited's latest turnover from December 2023 is estimated at £6.3 million and the company has net assets of £2.2 million. According to their latest financial statements, Able Instruments And Controls Limited has 33 employees and maintains cash reserves of £825.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Turnover	6,256,698	8,045,411	5,174,707	8,757,320	10,917,586	7,974,251	10,323,696	7,608,147	7,583,109	9,585,381	10,032,008	13,300,006	9,943,999	6,881,221	8,465,774
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	4,521,860	5,881,842	3,882,781	4,938,837	5,918,022	6,115,135	7,744,560	3,807,936	3,612,347	5,040,987	5,291,541	7,617,144	5,896,813	3,549,227	4,807,597
Gross Profit	1,734,839	2,163,569	1,291,926	3,818,483	4,999,564	1,859,116	2,579,137	3,800,211	3,970,762	4,544,394	4,740,467	5,682,862	4,047,186	3,331,994	3,658,177
Admin Expenses	1,364,771	5,380,559	2,875,288	2,728,683	3,639,299	-575,759	1,233,065	2,989,273	3,302,297	3,636,707	3,729,569	3,235,073	3,190,499	2,728,936	2,560,248
Operating Profit	370,068	-3,216,990	-1,583,362	1,089,800	1,360,265	2,434,875	1,346,072	810,938	668,465	907,687	1,010,898	2,447,789	856,687	603,058	1,097,929
Interest Payable	166,209	71,499	4,729	20,432	16,059	54,766	73,803	33,674	49,013	39,706	66,300	75,554	79,758	136,346	50,954
Interest Receivable	49,476	38,317	2,544	34,066	132,375	9,842	3,027	59,661	44,571	48,882	19,425	1,257	16,475	25,391	23,774
Pre-Tax Profit	253,335	-3,250,172	-1,585,547	1,093,434	1,357,591	2,389,951	1,275,296	676,076	585,541	916,863	964,023	2,373,080	792,802	492,103	1,070,123
Tax	-63,334	0	0	-84,350	-158,763	-454,091	-242,306	-65,940	-32,302	-60,187	-17,626	-565,674	-199,985	-122,460	-325,037
Profit After Tax	190,001	-3,250,172	-1,585,547	1,009,084	1,198,828	1,935,860	1,032,990	610,136	553,239	856,676	946,397	1,807,406	592,817	369,643	745,086
Dividends Paid	0	0	0	0	0	0	0	0	0	105,000	95,000	80,000	60,000	1,060,000	2,161,650
Retained Profit	190,001	-3,250,172	-1,585,547	1,009,084	1,198,828	1,935,860	1,032,990	610,136	553,239	751,676	851,397	1,727,406	532,817	-690,357	-1,416,564
Employee Costs	1,642,910	1,651,923	1,848,127	1,863,372	2,232,236	2,103,855	2,071,025	1,944,058	2,176,569	1,968,206	1,938,975	2,029,047	2,115,887	1,670,532	1,665,718
Number Of Employees	33	34	40	40	45	45	46	44	47	48	48	44	43	44	46
EBITDA*	556,726	-3,060,152	-1,460,212	1,271,192	1,546,135	2,623,973	1,524,145	1,062,331	918,693	1,126,628	1,231,629	2,468,613	1,028,697	757,818	1,258,413

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Tangible Assets	3,150,739	3,318,567	3,179,584	4,130,842	4,126,508	4,250,346	4,386,156	4,155,932	4,169,768	4,099,360	3,388,614	3,468,787	1,975,327	1,495,856	1,545,114
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	227,828	319,487	410,669	571,518	650,000	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	3,150,739	3,318,567	3,179,584	4,130,842	4,126,508	4,478,174	4,705,643	4,566,601	4,741,286	4,749,360	3,388,614	3,468,787	1,975,327	1,495,856	1,545,114
Stock & work in progress	638,903	664,963	704,071	771,685	1,083,320	742,300	1,845,534	1,071,532	1,102,225	835,694	1,554,740	1,199,649	972,026	712,739	1,030,234
Trade Debtors	815,205	1,059,932	156,907	795,920	1,317,244	709,306	1,342,382	628,159	1,395,539	935,650	1,456,138	1,882,730	2,082,262	785,165	1,091,643
Group Debtors	412,124	412,124	412,124	322,124	245,881	404,080	371,153	327,942	245,881	245,881	245,881	245,881	245,881	245,881	245,881
Misc Debtors	38,624	56,169	1,168,994	2,100,118	5,355,874	5,200,314	3,932,218	3,379,898	2,158,438	783,924	243,582	107,810	435,880	185,828	181,985
Cash	825,809	1,059,003	1,130,547	904,743	2,812,043	2,240,085	384,388	826,289	1,001,315	2,051,684	2,345,910	2,584,533	2,459,498	1,942,888	2,020,710
misc current assets	0	0	0	0	10,000	10,000	10,000	10,000	10,000	10,000	25,987	24,023	24,551	26,189	27,383
total current assets	2,730,665	3,252,191	3,572,643	4,894,590	10,824,362	9,306,085	7,885,675	6,243,820	5,913,398	4,862,833	5,872,238	6,044,626	6,220,098	3,898,690	4,597,836
total assets	5,881,404	6,570,758	6,752,227	9,025,432	14,950,870	13,784,259	12,591,318	10,810,421	10,654,684	9,612,193	9,260,852	9,513,413	8,195,425	5,394,546	6,142,950
Bank overdraft	0	0	0	0	0	0	8,797	1,344	84,725	0	31,834	203,088	68,249	288,149	34,154
Bank loan	43,639	41,348	7,159	67,049	87,808	288,863	81,540	283,203	0	65,076	36,581	35,311	34,785	33,492	32,626
Trade Creditors	612,609	1,267,656	840,507	1,177,533	2,268,996	1,390,387	1,715,780	1,617,972	1,369,214	940,103	1,852,554	1,706,863	2,570,623	702,219	1,104,080
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	37,793	480,388	325,697	602,330	1,507,938
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	90,892	84,225	24,025	0	0	0	0	0	0	0	0	0	0	44,550	58,922
other current liabilities	1,225,113	1,363,015	428,596	680,930	563,422	1,118,086	935,520	533,872	1,095,154	1,012,494	1,181,953	1,793,347	2,020,292	1,047,886	958,628
total current liabilities	1,972,253	2,756,244	1,300,287	1,925,512	2,920,226	2,797,336	2,741,637	2,436,391	2,549,093	2,017,673	3,140,715	4,218,997	5,019,646	2,718,626	3,696,348
loans	1,413,104	1,456,743	0	77,127	136,703	227,604	1,015,894	880,071	1,161,918	1,232,853	1,322,596	1,359,535	962,520	1,397,553	431,513
hp & lease commitments	99,778	178,250	46,271	0	0	0	0	0	0	0	0	0	0	0	44,801
Accruals and Deferred Income	0	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	0
provisions	204,249	177,502	153,478	166,804	209,789	213,995	224,323	225,789	239,975	120,384	128,372	117,109	122,893	110,009	111,573
total long term liabilities	1,717,131	1,812,495	199,749	243,931	346,492	441,599	1,240,217	1,105,860	1,401,893	1,353,237	1,450,968	1,476,644	1,085,413	1,507,562	587,887
total liabilities	3,689,384	4,568,739	1,500,036	2,169,443	3,266,718	3,238,935	3,981,854	3,542,251	3,950,986	3,370,910	4,591,683	5,695,641	6,105,059	4,226,188	4,284,235
net assets	2,192,020	2,002,019	5,252,191	6,855,989	11,684,152	10,545,324	8,609,464	7,268,170	6,703,698	6,241,283	4,669,169	3,817,772	2,090,366	1,168,358	1,858,715
total shareholders funds	2,192,020	2,002,019	5,252,191	6,855,989	11,684,152	10,545,324	8,609,464	7,268,170	6,703,698	6,241,283	4,669,169	3,817,772	2,090,366	1,168,358	1,858,715

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009
Operating Activities
Operating Profit	370,068	-3,216,990	-1,583,362	1,089,800	1,360,265	2,434,875	1,346,072	810,938	668,465	907,687	1,010,898	2,447,789	856,687	603,058	1,097,929
Depreciation	186,658	156,838	123,150	181,392	185,870	189,098	178,073	251,393	250,228	218,941	220,731	20,824	172,010	154,760	160,484
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-63,334	0	0	-84,350	-158,763	-454,091	-242,306	-65,940	-32,302	-60,187	-17,626	-565,674	-199,985	-122,460	-325,037
Stock	-26,060	-39,108	-67,614	-311,635	341,020	-1,103,234	774,002	-30,693	266,531	-719,046	355,091	227,623	259,287	-317,495	1,030,234
Debtors	-262,272	-209,800	-1,480,137	-3,700,837	605,299	667,947	1,309,754	536,141	1,834,403	19,854	-290,820	-527,602	1,547,149	-302,635	1,519,509
Creditors	-655,047	427,149	-337,026	-1,091,463	878,609	-325,393	97,808	248,758	429,111	-912,451	145,691	-863,760	1,868,404	-401,861	1,104,080
Accruals and Deferred Income	-137,902	934,419	-252,334	117,508	-554,664	182,566	401,648	-561,282	82,660	-169,459	-611,394	-226,945	972,406	89,258	958,628
Deferred Taxes & Provisions	26,747	24,024	-13,326	-42,985	-4,206	-10,328	-1,466	-14,186	119,591	-7,988	11,263	-5,784	12,884	-1,564	111,573
Cash flow from operations	15,522	-1,425,652	-515,147	4,182,374	760,792	2,452,014	-303,927	164,233	-583,181	675,735	695,292	1,106,429	1,875,970	941,321	557,914
Investing Activities
capital expenditure	-18,830	-295,821	828,108	-185,726	-62,032	-53,288	-408,297	-237,557	-320,636	-929,687	-140,558	-1,514,284	-651,481	-105,502	-1,705,598
Change in Investments	0	0	0	0	-227,828	-91,659	-91,182	-160,849	-78,482	650,000	0	0	0	0	0
cash flow from investments	-18,830	-295,821	828,108	-185,726	165,796	38,371	-317,115	-76,708	-242,154	-1,579,687	-140,558	-1,514,284	-651,481	-105,502	-1,705,598
Financing Activities
Bank loans	2,291	34,189	-59,890	-20,759	-201,055	207,323	-201,663	283,203	-65,076	28,495	1,270	526	1,293	866	32,626
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	-37,793	-442,595	154,691	-276,633	-905,608	1,507,938
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-43,639	1,456,743	-77,127	-59,576	-90,901	-788,290	135,823	-281,847	-70,935	-89,743	-36,939	397,015	-435,033	966,040	431,513
Hire Purchase and Lease Commitments	-71,805	192,179	70,296	0	0	0	0	0	0	0	0	0	-44,550	-59,173	103,723
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	-18,251	-5,837,247	-60,000	0	308,304	-45,664	-90,824	820,438	0	0	389,191	0	3,275,279
interest	-116,733	-33,182	-2,185	13,634	116,316	-44,924	-70,776	25,987	-4,442	9,176	-46,875	-74,297	-63,283	-110,955	-27,180
cash flow from financing	-229,886	1,649,929	-87,157	-5,903,948	-235,640	-625,891	171,688	-18,321	-231,277	730,573	-525,139	477,935	-429,015	-108,830	5,323,899
cash and cash equivalents
cash	-233,194	-71,544	225,804	-1,907,300	571,958	1,855,697	-441,901	-175,026	-1,050,369	-294,226	-238,623	125,035	516,610	-77,822	2,020,710
overdraft	0	0	0	0	0	-8,797	7,453	-83,381	84,725	-31,834	-171,254	134,839	-219,900	253,995	34,154
change in cash	-233,194	-71,544	225,804	-1,907,300	571,958	1,864,494	-449,354	-91,645	-1,135,094	-262,392	-67,369	-9,804	736,510	-331,817	1,986,556

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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ABLE INSTRUMENTS AND CONTROLS LIMITED group structure

Able Instruments And Controls Limited has no subsidiary companies.

Ultimate parent company

HALWELL TRADING LIMITED

04335360

1 parent

ABLE INSTRUMENTS AND CONTROLS LIMITED

01851002

ABLE INSTRUMENTS AND CONTROLS LIMITED Shareholders

halwell trading ltd

100%

Able Instruments And Controls Limited currently has 2 directors. The longest serving directors include Mr Michael Shortall (Mar 1992) and Mr Richard Sygrove (Jul 2020).

officer	country	age	start	end	role
Mr Michael Shortall		72 years	Mar 1992	-	Director
Mr Richard Sygrove	United Kingdom	55 years	Jul 2020	-	Director

P&L

December 2023

turnover

6.3m

-22%

operating profit

370.1k

gross margin

27.8%

+3.11%

turnover

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

Balance Sheet

December 2023

net assets

2.2m

+0.09%

total assets

5.9m

-0.1%

cash

825.8k

-0.22%

net assets

Total assets minus all liabilities

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company number

01851002

Type

Private limited with Share Capital

industry

46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft

incorporation date

September 1984

ultimate parent company

HALWELL TRADING LIMITED

previous names

kimberfield enterprises limited (December 1984)

address

cutbush park danehill, lower earley, reading, berks, RG6 4UT

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 19 charges/mortgages relating to able instruments and controls limited. Currently there are 10 open charges and 9 have been satisfied in the past.

able instruments and controls limited Company Information

able instruments and controls limited Estimated Valuation

able instruments and controls limited Estimated Valuation

able instruments and controls limited Estimated Valuation

Able Instruments And Controls Limited Overview

Able Instruments And Controls Limited Health Check

ABLE INSTRUMENTS AND CONTROLS LIMITED financials

able instruments and controls limited Credit Report and Business Information

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able instruments and controls limited Ownership

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