abs computer systems ltd

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abs computer systems ltd Company Information

Share ABS COMPUTER SYSTEMS LTD

Company Number

02636259

Shareholders

james michael avey-hebditch

colin sutton

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Group Structure

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Industry

Other information technology and computer service activities

 +1

Registered Address

38 middlehill road, wimborne, dorset, BH21 2SE

abs computer systems ltd Estimated Valuation

£362.3k

Pomanda estimates the enterprise value of ABS COMPUTER SYSTEMS LTD at £362.3k based on a Turnover of £594.3k and 0.61x industry multiple (adjusted for size and gross margin).

abs computer systems ltd Estimated Valuation

£21.6k

Pomanda estimates the enterprise value of ABS COMPUTER SYSTEMS LTD at £21.6k based on an EBITDA of £6.1k and a 3.51x industry multiple (adjusted for size and gross margin).

abs computer systems ltd Estimated Valuation

£165.3k

Pomanda estimates the enterprise value of ABS COMPUTER SYSTEMS LTD at £165.3k based on Net Assets of £77.3k and 2.14x industry multiple (adjusted for liquidity).

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Abs Computer Systems Ltd Overview

Abs Computer Systems Ltd is a live company located in dorset, BH21 2SE with a Companies House number of 02636259. It operates in the other information technology service activities sector, SIC Code 62090. Founded in August 1991, it's largest shareholder is james michael avey-hebditch with a 50% stake. Abs Computer Systems Ltd is a mature, small sized company, Pomanda has estimated its turnover at £594.3k with high growth in recent years.

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Abs Computer Systems Ltd Health Check

Pomanda's financial health check has awarded Abs Computer Systems Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £594.3k, make it smaller than the average company (£6.9m)

£594.3k - Abs Computer Systems Ltd

£6.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.2%)

17% - Abs Computer Systems Ltd

8.2% - Industry AVG

production

Production

with a gross margin of 29.3%, this company has a higher cost of product (55.3%)

29.3% - Abs Computer Systems Ltd

55.3% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (4.1%)

1% - Abs Computer Systems Ltd

4.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (38)

4 - Abs Computer Systems Ltd

38 - Industry AVG

paystructure

Pay Structure

on an average salary of £71.7k, the company has an equivalent pay structure (£71.7k)

£71.7k - Abs Computer Systems Ltd

£71.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148.6k, this is equally as efficient (£171.5k)

£148.6k - Abs Computer Systems Ltd

£171.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 124 days, this is later than average (52 days)

124 days - Abs Computer Systems Ltd

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 122 days, this is slower than average (36 days)

122 days - Abs Computer Systems Ltd

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Abs Computer Systems Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Abs Computer Systems Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 64.5%, this is a similar level of debt than the average (60.2%)

64.5% - Abs Computer Systems Ltd

60.2% - Industry AVG

ABS COMPUTER SYSTEMS LTD financials

EXPORTms excel logo

Abs Computer Systems Ltd's latest turnover from March 2024 is estimated at £594.3 thousand and the company has net assets of £77.3 thousand. According to their latest financial statements, Abs Computer Systems Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover594,318491,723441,783374,033431,372251,586273,380295,607200,442170,690148,895156,552198,856183,355167,178
Other Income Or Grants
Cost Of Sales420,249348,346317,324267,783306,215178,583194,539205,868139,972118,306101,479107,986136,550125,047110,129
Gross Profit174,069143,378124,459106,250125,15773,00278,84089,73960,47052,38447,41648,56662,30658,30957,049
Admin Expenses167,921120,20396,14888,169106,19774,66591,08197,39464,61748,59641,83616,62958,41751,58569,796
Operating Profit6,14823,17528,31118,08118,960-1,663-12,241-7,655-4,1473,7885,58031,9373,8896,724-12,747
Interest Payable
Interest Receivable19887323
Pre-Tax Profit6,14823,17528,31118,08118,960-1,663-12,241-7,636-4,0593,8615,60331,9373,8896,724-12,747
Tax-1,537-4,403-5,379-3,435-3,602-811-1,289-7,665-1,011-1,883
Profit After Tax4,61118,77222,93214,64615,358-1,663-12,241-7,636-4,0593,0504,31424,2722,8784,841-12,747
Dividends Paid
Retained Profit4,61118,77222,93214,64615,358-1,663-12,241-7,636-4,0593,0504,31424,2722,8784,841-12,747
Employee Costs286,989277,437314,058286,994285,632276,801317,216308,15550,64648,82747,66346,60344,89643,73245,710
Number Of Employees445555661111111
EBITDA*6,14823,17528,31118,08118,960-1,663-12,241-7,655-6267,2397,68234,3896,40510,019-10,957

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets7,5854,3505,3303,6372,2852,6943,3205,0876,1018,3415,3897,1325,3407,4212,499
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7,5854,3505,3303,6372,2852,6943,3205,0876,1018,3415,3897,1325,3407,4212,499
Stock & work in progress11,0812,3185,1454,9262,7554,2961,580
Trade Debtors202,354178,720136,823110,208132,64951,14650,73257,88452,11345,68539,91543,14353,80349,14543,942
Group Debtors
Misc Debtors8,158334318322784783
Cash15,00720,0139,122
misc current assets366
total current assets210,512179,054137,141110,530133,43351,92951,09857,88478,20168,01654,18248,06956,55853,44145,522
total assets218,097183,404142,471114,167135,71854,62354,41862,97184,30276,35759,57155,20161,89860,86248,021
Bank overdraft
Bank loan
Trade Creditors 140,769110,68788,52660,01592,76740,62843,34840,51060,75348,74935,01334,95757,42667,76859,768
Group/Directors Accounts8,500
other short term finances
hp & lease commitments
other current liabilities
total current liabilities140,769110,68788,52660,01592,76740,62843,34840,51060,75348,74935,01334,95765,92667,76859,768
loans
hp & lease commitments
Accruals and Deferred Income23,13926,58412,9868,3987,548
other liabilities
provisions
total long term liabilities23,13926,58412,9868,3987,548
total liabilities140,769110,68788,52683,154119,35153,61451,74648,05860,75348,74935,01334,95765,92667,76859,768
net assets77,32872,71753,94531,01316,3671,0092,67214,91323,54927,60824,55820,244-4,028-6,906-11,747
total shareholders funds77,32872,71753,94531,01316,3671,0092,67214,91323,54927,60824,55820,244-4,028-6,906-11,747
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit6,14823,17528,31118,08118,960-1,663-12,241-7,655-4,1473,7885,58031,9373,8896,724-12,747
Depreciation3,5213,4512,1022,4522,5163,2951,790
Amortisation
Tax-1,537-4,403-5,379-3,435-3,602-811-1,289-7,665-1,011-1,883
Stock-11,0818,763-2,8272192,171-1,5412,7161,580
Debtors31,45841,91326,611-22,90381,5041,197-7,1525,7716,4285,770-3,228-10,6604,6585,20343,942
Creditors30,08222,16128,511-32,75252,139-2,7202,838-20,24312,00413,73656-22,469-10,3428,00059,768
Accruals and Deferred Income-23,139-3,44513,5984,5888507,548
Deferred Taxes & Provisions
Cash flow from operations3,235-9801,6931,352-409-992-1,401-15,040-3,81317,2219,45812,744-8,0658,2173,289
Investing Activities
capital expenditure-3,235980-1,693-1,3524096261,7671,014-1,281-6,403-359-4,244-435-8,217-4,289
Change in Investments
cash flow from investments-3,235980-1,693-1,3524096261,7671,014-1,281-6,403-359-4,244-435-8,217-4,289
Financing Activities
Bank loans
Group/Directors Accounts-8,5008,500
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,0001,000
interest19887323
cash flow from financing-981887323-8,5008,5001,000
cash and cash equivalents
cash-15,007-5,00610,8919,122
overdraft
change in cash-15,007-5,00610,8919,122

abs computer systems ltd 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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Abs Computer Systems Ltd Competitor Analysis

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Perform a competitor analysis for abs computer systems ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BH21 area or any other competitors across 12 key performance metrics.

abs computer systems ltd Ownership

ABS COMPUTER SYSTEMS LTD group structure

Abs Computer Systems Ltd has no subsidiary companies.

Ultimate parent company

ABS COMPUTER SYSTEMS LTD

02636259

ABS COMPUTER SYSTEMS LTD Shareholders

james michael avey-hebditch 50%
colin sutton 30%
amanda caroline avey-hebditch 20%

abs computer systems ltd directors

Abs Computer Systems Ltd currently has 2 directors. The longest serving directors include Mr Colin Sutton (Aug 1991) and Mr James Avey-Hebditch (Sep 1997).

officercountryagestartendrole
Mr Colin SuttonEngland76 years Aug 1991- Director
Mr James Avey-HebditchEngland56 years Sep 1997- Director

P&L

March 2024

turnover

594.3k

+21%

operating profit

6.1k

0%

gross margin

29.3%

+0.45%

turnover

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

Balance Sheet

March 2024

net assets

77.3k

+0.06%

total assets

218.1k

+0.19%

cash

0

0%

net assets

Total assets minus all liabilities

abs computer systems ltd company details

company number

02636259

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

63110 - Data processing, hosting and related activities

incorporation date

August 1991

age

34

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

a bs computer systems limited (April 2018)

speed 1860 limited (September 1991)

accountant

ENHANCE

auditor

-

address

38 middlehill road, wimborne, dorset, BH21 2SE

Bank

-

Legal Advisor

-

abs computer systems ltd 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 did not find charges/mortgages relating to abs computer systems ltd.

abs computer systems ltd 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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abs computer systems ltd Companies House Filings - See Documents

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