Pomanda estimates the enterprise value of ABEL HOMES LIMITED at £14m based on a Turnover of £23.4m and 0.6x industry multiple (adjusted for size and gross margin).
abel homes limitedEstimated Valuation
£18.2m
Pomanda estimates the enterprise value of ABEL HOMES LIMITED at £18.2m based on an EBITDA of £2.9m and a 6.25x industry multiple (adjusted for size and gross margin).
abel homes limitedEstimated Valuation
£33.3m
Pomanda estimates the enterprise value of ABEL HOMES LIMITED at £33.3m based on Net Assets of £22.1m and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Abel Homes LimitedOverview
Abel Homes Limited is a live company located in thetford, IP25 6JB with a Companies House number of 02087224. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in January 1987, it's largest shareholder is
abel holdings (norfolk) ltd
with a 94.8% stake. Abel Homes Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£23.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Abel Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
0 Regular
4 Weak
Size
annual sales of £23.4m, make it larger than the average company (£12.1m)
£23.4m - Abel Homes Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (7.5%)
1% - Abel Homes Limited
7.5% - Industry AVG
Production
with a gross margin of 23.7%, this company has a lower cost of product (15.9%)
23.7% - Abel Homes Limited
15.9% - Industry AVG
Profitability
an operating margin of 11.3% make it more profitable than the average company (4.5%)
11.3% - Abel Homes Limited
4.5% - Industry AVG
Employees
with 41 employees, this is above the industry average (33)
41 - Abel Homes Limited
33 - Industry AVG
Pay Structure
on an average salary of £66.3k, the company has a higher pay structure (£55.1k)
£66.3k - Abel Homes Limited
£55.1k - Industry AVG
Efficiency
resulting in sales per employee of £571.1k, this is more efficient (£362.1k)
£571.1k - Abel Homes Limited
£362.1k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (46 days)
2 days - Abel Homes Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (39 days)
103 days - Abel Homes Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 569 days, this is more than average (19 days)
569 days - Abel Homes Limited
19 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (21 weeks)
10 weeks - Abel Homes Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.7%, this is a lower level of debt than the average (67.9%)
32.7% - Abel Homes Limited
67.9% - Industry AVG
ABEL HOMES LIMITED financials
EXPORT
Abel Homes Limited's latest turnover from December 2023 is £23.4 million and the company has net assets of £22.1 million. According to their latest financial statements, Abel Homes Limited has 41 employees and maintains cash reserves of £2.1 million 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
23,416,321
34,784,290
37,072,814
23,054,965
26,091,984
21,939,888
23,422,441
16,201,057
12,701,829
11,005,779
8,170,190
26,872,345
6,258,086
8,744,148
9,249,186
Other Income Or Grants
Cost Of Sales
17,868,061
26,479,620
28,509,859
17,555,034
19,785,538
15,866,886
18,195,141
11,875,524
9,788,206
8,878,344
6,759,512
23,426,965
5,024,644
7,379,094
8,864,201
Gross Profit
5,548,260
8,304,670
8,562,955
5,499,931
6,306,446
6,073,002
5,227,300
4,325,533
2,913,623
2,127,435
1,410,678
3,445,380
1,233,442
1,365,054
384,985
Admin Expenses
2,908,530
2,731,928
2,549,851
2,460,360
2,204,994
1,980,119
1,680,505
1,264,199
-28,906,458
1,058,845
973,200
3,435,222
609,467
648,961
691,954
Operating Profit
2,639,730
5,572,742
6,013,104
3,039,571
4,101,452
4,092,883
3,546,795
3,061,334
31,820,081
1,068,590
437,478
10,158
623,975
716,093
-306,969
Interest Payable
171,193
131,006
169,953
306,574
473,516
264,513
306,540
274,491
249,774
209,234
300,150
120,135
157,463
226,875
256,233
Interest Receivable
80,770
52,582
3,844
508
581
512
598
391
581
18,263
145
1,462
421
440
405
Pre-Tax Profit
2,549,307
5,494,318
5,846,995
2,733,505
3,628,517
3,828,882
3,240,853
2,787,234
1,570,888
877,619
137,473
-108,515
466,933
489,658
-562,797
Tax
-606,281
-1,067,225
-1,176,150
-556,870
-685,166
-724,999
-713,224
-501,078
-316,848
-189,750
-23,147
-97,169
-99,189
116,815
Profit After Tax
1,943,026
4,427,093
4,670,845
2,176,635
2,943,351
3,103,883
2,527,629
2,286,156
1,254,040
687,869
114,326
-108,515
369,764
390,469
-445,982
Dividends Paid
390,000
1,000,000
870,000
450,000
525,000
525,000
525,000
575,000
212,500
212,500
Retained Profit
1,553,026
3,427,093
3,800,845
1,726,635
2,418,351
2,578,883
2,002,629
1,711,156
1,041,540
475,369
114,326
-108,515
369,764
390,469
-445,982
Employee Costs
2,716,807
2,604,983
2,442,193
2,274,563
2,316,764
2,140,472
1,612,365
1,329,656
1,119,378
1,040,712
791,916
3,848,053
598,577
562,051
680,245
Number Of Employees
41
43
40
40
40
36
34
30
29
28
26
98
19
17
21
EBITDA*
2,912,137
5,807,978
6,251,460
3,249,874
4,318,806
4,295,245
3,702,290
3,192,585
31,929,936
1,169,979
506,321
90,021
701,822
786,366
-227,455
* 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
886,948
937,358
815,277
893,744
810,357
808,338
517,243
541,212
335,993
384,339
336,442
493,272
478,373
627,724
673,235
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
886,948
937,358
815,277
893,744
810,357
808,338
517,243
541,212
335,993
384,339
336,442
493,272
478,373
627,724
673,235
Stock & work in progress
27,883,426
16,185,596
21,920,208
22,170,665
20,009,832
17,214,055
13,796,773
14,242,981
9,350,014
5,256,362
6,729,865
6,459,349
5,717,011
6,424,534
7,794,116
Trade Debtors
133,138
182,394
130,905
472,399
78,603
122,758
94,755
159,346
87,789
72,292
48,652
109,531
46,599
134,275
16,285
Group Debtors
6,612
115,607
309,237
169,306
282,997
191,530
Misc Debtors
1,752,437
1,564,489
914,075
444,897
226,002
269,735
327,032
180,442
82,749
66,144
116,116
30,505
117,676
532,250
Cash
2,134,566
10,030,964
5,262,397
932,470
996,858
1,246,176
1,083,592
623,823
750,255
1,335,388
741,710
580,314
4,391
9,426
6,453
misc current assets
total current assets
31,903,567
27,963,443
28,227,585
24,020,431
21,311,295
18,859,336
15,417,759
15,515,829
10,440,113
7,013,183
7,827,873
7,149,194
5,798,506
6,685,911
8,349,104
total assets
32,790,515
28,900,801
29,042,862
24,914,175
22,121,652
19,667,674
15,935,002
16,057,041
10,776,106
7,397,522
8,164,315
7,642,466
6,276,879
7,313,635
9,022,339
Bank overdraft
406,250
212,154
934,928
1,390,752
3,278,749
4,741,180
Bank loan
852,121
1,884,863
2,305,716
463,300
3,226,300
Trade Creditors
5,049,465
4,212,111
8,024,452
6,686,933
4,168,906
3,795,622
3,093,532
3,553,118
2,515,936
1,271,211
1,136,989
4,326,672
466,572
396,537
681,083
Group/Directors Accounts
22,886
38,182
other short term finances
hp & lease commitments
166,759
110,513
128,427
46,167
90,364
100,347
34,247
33,093
18,704
39,273
43,835
8,355
40,457
other current liabilities
5,123,831
1,396,964
1,175,794
2,318,966
3,425,419
3,522,960
3,643,245
3,273,028
2,913,849
4,456,991
3,711,833
1,221,723
1,224,827
199,812
total current liabilities
10,340,055
5,719,588
9,328,673
9,052,066
7,684,689
8,271,050
8,678,773
6,897,421
5,854,739
5,979,629
5,827,585
4,326,672
5,384,763
5,371,768
8,888,832
loans
458,910
2,008,788
400,000
3,705,395
1,638,253
1,428,000
hp & lease commitments
208,159
61,878
25,392
28,582
7,352
65,981
26,443
60,690
18,704
10,109
Accruals and Deferred Income
other liabilities
2,462,738
2,571,708
2,876,712
2,787,116
568,367
663,545
1,232,216
847,737
1,426,781
2,540,678
provisions
187,332
204,654
172,239
112,810
66,215
54,469
46,105
43,812
29,026
34,378
20,507
8,485
total long term liabilities
395,491
2,729,270
2,769,339
3,018,104
3,319,593
2,697,605
1,136,093
5,042,113
2,515,016
53,082
1,447,288
2,540,678
8,485
1,428,000
10,109
total liabilities
10,735,546
8,448,858
12,098,012
12,070,170
11,004,282
10,968,655
9,814,866
11,939,534
8,369,755
6,032,711
7,274,873
6,867,350
5,393,248
6,799,768
8,898,941
net assets
22,054,969
20,451,943
16,944,850
12,844,005
11,117,370
8,699,019
6,120,136
4,117,507
2,406,351
1,364,811
889,442
775,116
883,631
513,867
123,398
total shareholders funds
22,054,969
20,451,943
16,944,850
12,844,005
11,117,370
8,699,019
6,120,136
4,117,507
2,406,351
1,364,811
889,442
775,116
883,631
513,867
123,398
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
2,639,730
5,572,742
6,013,104
3,039,571
4,101,452
4,092,883
3,546,795
3,061,334
31,820,081
1,068,590
437,478
10,158
623,975
716,093
-306,969
Depreciation
272,407
235,236
238,356
210,303
217,354
202,362
155,495
131,251
109,855
101,389
68,843
79,863
77,847
70,273
79,514
Amortisation
Tax
-606,281
-1,067,225
-1,176,150
-556,870
-685,166
-724,999
-713,224
-501,078
-316,848
-189,750
-23,147
-97,169
-99,189
116,815
Stock
11,697,830
-5,734,612
-250,457
2,160,833
2,795,777
3,417,282
-446,208
4,892,967
4,093,652
-1,473,503
270,516
742,338
-707,523
-1,369,582
7,794,116
Debtors
138,692
701,903
127,684
612,691
-94,500
-138,289
-111,631
309,181
-81,589
65,135
246,767
32,427
-174,847
-296,584
548,535
Creditors
837,354
-3,812,341
1,337,519
2,518,027
373,284
702,090
-459,586
1,037,182
1,244,725
134,222
-3,189,683
3,860,100
70,035
-284,546
681,083
Accruals and Deferred Income
3,726,867
221,170
-1,143,172
-1,106,453
-97,541
-120,285
370,217
359,179
-1,543,142
745,158
3,711,833
-1,221,723
-3,104
1,025,015
199,812
Deferred Taxes & Provisions
-17,322
32,415
59,429
46,595
11,746
8,364
2,293
14,786
-5,352
13,871
20,507
-8,485
8,485
Cash flow from operations
-4,983,767
6,214,706
5,451,859
1,377,649
1,219,852
881,422
3,459,829
-1,099,494
27,297,256
3,281,848
508,548
1,945,148
1,562,439
3,093,812
-7,572,396
Investing Activities
capital expenditure
-221,997
-357,317
-159,889
-293,690
-219,373
-493,457
-131,526
-336,470
-61,509
-149,286
87,987
-94,762
-51,517
-21,034
-29,545
Change in Investments
cash flow from investments
-221,997
-357,317
-159,889
-293,690
-219,373
-493,457
-131,526
-336,470
-61,509
-149,286
87,987
-94,762
-51,517
-21,034
-29,545
Financing Activities
Bank loans
-852,121
-1,032,742
1,884,863
-2,305,716
1,842,416
-2,763,000
3,226,300
Group/Directors Accounts
-22,886
-15,296
38,182
Other Short Term Loans
Long term loans
-458,910
-1,549,878
1,608,788
-3,305,395
2,067,142
1,638,253
-1,428,000
1,428,000
Hire Purchase and Lease Commitments
202,527
18,572
79,070
-22,967
-68,612
105,638
-33,093
75,079
-39,273
14,142
43,835
-8,355
-42,211
50,566
other long term liabilities
-2,462,738
-108,970
-305,004
89,596
2,218,749
-95,178
-568,671
384,479
847,737
-1,426,781
-1,113,897
2,540,678
share issue
50,000
80,000
300,000
569,380
interest
-90,423
-78,424
-166,109
-306,066
-472,935
-264,001
-305,942
-274,100
-249,193
-190,971
-300,005
-118,673
-157,042
-226,435
-255,828
cash flow from financing
-2,300,634
-88,822
-92,043
-698,347
-724,797
299,619
-2,343,534
2,290,782
2,197,524
-1,603,610
-1,370,067
116,289
249,019
-1,603,646
3,590,418
cash and cash equivalents
cash
-7,896,398
4,768,567
4,329,927
-64,388
-249,318
162,584
459,769
-126,432
-585,133
593,678
161,396
575,923
-5,035
2,973
6,453
overdraft
-406,250
194,096
-722,774
934,928
-1,390,752
-1,887,997
-1,462,431
4,741,180
change in cash
-7,896,398
4,768,567
4,329,927
-64,388
-249,318
162,584
459,769
279,818
-779,229
1,316,452
-773,532
1,966,675
1,882,962
1,465,404
-4,734,727
abel homes limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for abel homes limited. Get real-time insights into abel homes limited's credit score, group structure and payment trends.
Perform a competitor analysis for abel homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in IP25 area or any other competitors across 12 key performance metrics.
neaton business park (north), norwich road, thetford, norfolk, IP25 6JB
Bank
LLOYDS TSB BANK PLC
Legal Advisor
ASHTON LEGAL
abel homes 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 53 charges/mortgages relating to abel homes limited. Currently there are 9 open charges and 44 have been satisfied in the past.
abel homes 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.
Click to start generating capital raising & share issue transactions for ABEL HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
abel homes limitedCompanies House Filings - See Documents
