Pomanda estimates the enterprise value of ABILITY HANDLING LIMITED at £1.5m based on a Turnover of £3.4m and 0.44x industry multiple (adjusted for size and gross margin).
ability handling limitedEstimated Valuation
£2.2m
Pomanda estimates the enterprise value of ABILITY HANDLING LIMITED at £2.2m based on an EBITDA of £629k and a 3.56x industry multiple (adjusted for size and gross margin).
ability handling limitedEstimated Valuation
£4.4m
Pomanda estimates the enterprise value of ABILITY HANDLING LIMITED at £4.4m based on Net Assets of £2.1m and 2.04x industry multiple (adjusted for liquidity).
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Ability Handling LimitedOverview
Ability Handling Limited is a live company located in nottingham, NG10 1AU with a Companies House number of 02704509. It operates in the repair of machinery sector, SIC Code 33120. Founded in April 1992, it's largest shareholder is
ghl liftrucks limited
with a 100% stake. Ability Handling Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Ability Handling Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£11.2m)
£3.4m - Ability Handling Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.1%)
1% - Ability Handling Limited
5.1% - Industry AVG
Production
with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)
32.6% - Ability Handling Limited
32.6% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (7.1%)
10.2% - Ability Handling Limited
7.1% - Industry AVG
Employees
with 27 employees, this is similar to the industry average (32)
27 - Ability Handling Limited
32 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
£47.1k - Ability Handling Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £125.7k, this is less efficient (£283.8k)
£125.7k - Ability Handling Limited
£283.8k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (55 days)
46 days - Ability Handling Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (42 days)
55 days - Ability Handling Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (65 days)
20 days - Ability Handling Limited
65 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 48 weeks, this is more cash available to meet short term requirements (12 weeks)
48 weeks - Ability Handling Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.4%, this is a lower level of debt than the average (59.1%)
21.4% - Ability Handling Limited
59.1% - Industry AVG
ABILITY HANDLING LIMITED financials
EXPORT
Ability Handling Limited's latest turnover from July 2023 is estimated at £3.4 million and the company has net assets of £2.1 million. According to their latest financial statements, Ability Handling Limited has 27 employees and maintains cash reserves of £499.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
3,393,963
3,088,721
3,169,586
3,289,710
3,076,804
3,340,252
2,667,294
1,666,133
1,876,508
1,804,544
1,565,892
1,360,226
1,704,651
1,669,400
Other Income Or Grants
Cost Of Sales
2,287,689
2,101,861
2,188,515
2,289,635
2,112,252
2,265,526
1,790,945
1,099,886
1,278,725
1,229,410
1,062,770
905,694
1,118,324
1,076,193
Gross Profit
1,106,274
986,860
981,071
1,000,075
964,552
1,074,726
876,349
566,247
597,784
575,134
503,122
454,533
586,326
593,207
Admin Expenses
759,843
743,491
644,439
831,438
748,720
941,460
748,798
485,040
589,876
428,315
365,334
299,325
385,616
601,525
-410,638
Operating Profit
346,431
243,369
336,632
168,637
215,832
133,266
127,551
81,207
7,908
146,819
137,788
155,208
200,710
-8,318
410,638
Interest Payable
1,813
1,525
Interest Receivable
25,232
7,073
671
679
4,309
1,480
240
733
747
782
993
944
828
620
231
Pre-Tax Profit
371,663
248,630
335,778
169,316
220,141
134,746
127,791
81,940
8,655
147,601
138,781
156,153
201,538
-7,698
410,869
Tax
-92,916
-47,240
-63,798
-32,170
-41,827
-25,602
-24,280
-16,388
-1,731
-30,996
-31,920
-37,477
-52,400
-115,043
Profit After Tax
278,747
201,390
271,980
137,146
178,314
109,144
103,511
65,552
6,924
116,605
106,861
118,676
149,138
-7,698
295,826
Dividends Paid
Retained Profit
278,747
201,390
271,980
137,146
178,314
109,144
103,511
65,552
6,924
116,605
106,861
118,676
149,138
-7,698
295,826
Employee Costs
1,271,774
1,270,984
1,232,116
1,296,913
1,229,362
1,332,544
1,112,417
344,382
346,650
300,294
253,731
254,592
318,559
338,546
Number Of Employees
27
28
29
30
28
31
28
9
9
8
7
7
9
10
EBITDA*
628,986
474,852
595,524
364,049
440,063
371,943
734,942
310,375
255,458
361,565
388,238
282,963
319,016
113,387
528,231
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
1,463,533
1,198,820
1,001,097
811,035
767,002
795,651
906,327
874,792
526,773
605,377
558,651
493,524
429,435
349,719
384,950
Intangible Assets
30,000
70,000
110,000
150,000
190,000
230,000
270,000
300,000
300,000
350,000
450,000
450,000
450,000
450,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,463,533
1,228,820
1,071,097
921,035
917,002
985,651
1,136,327
1,144,792
826,773
905,377
908,651
943,524
879,435
799,719
834,950
Stock & work in progress
131,618
127,698
236,811
98,759
123,629
122,202
83,894
53,655
44,984
37,152
25,160
36,830
44,093
60,792
61,000
Trade Debtors
432,548
362,227
380,323
401,370
371,763
397,909
402,037
374,613
425,213
412,713
288,475
241,929
348,399
291,037
230,626
Group Debtors
Misc Debtors
185,027
83,875
70,980
75,179
68,877
171,552
72,759
59,608
Cash
499,101
510,174
621,469
720,917
636,380
512,580
79,429
112,652
180,651
117,989
194,980
202,199
175,523
155,626
92,466
misc current assets
total current assets
1,248,294
1,083,974
1,309,583
1,296,225
1,200,649
1,204,243
638,119
600,528
650,848
567,854
508,615
480,958
568,015
507,455
384,092
total assets
2,711,827
2,312,794
2,380,680
2,217,260
2,117,651
2,189,894
1,774,446
1,745,320
1,477,621
1,473,231
1,417,266
1,424,482
1,447,450
1,307,174
1,219,042
Bank overdraft
50,000
Bank loan
Trade Creditors
350,182
276,347
378,801
373,761
407,963
526,795
230,174
271,967
358,429
327,112
376,749
394,408
434,518
483,294
363,277
Group/Directors Accounts
other short term finances
hp & lease commitments
38,349
32,590
55,982
58,868
63,844
135,356
109,096
60,224
other current liabilities
147,578
147,534
183,211
233,761
197,391
223,342
175,105
211,411
total current liabilities
536,109
456,471
667,994
666,390
669,198
885,493
514,375
543,602
358,429
327,112
376,749
394,408
434,518
483,294
363,277
loans
hp & lease commitments
40,935
2,829
35,419
91,596
64,061
72,528
74,369
73,706
Accruals and Deferred Income
other liabilities
2,665
123
25,286
79,273
141,537
167,332
230,305
276,126
332,858
366,709
377,712
474,130
575,664
535,750
559,937
provisions
total long term liabilities
43,600
2,952
60,705
170,869
205,598
239,860
304,674
349,832
332,858
366,709
377,712
474,130
575,664
535,750
559,937
total liabilities
579,709
459,423
728,699
837,259
874,796
1,125,353
819,049
893,434
691,287
693,821
754,461
868,538
1,010,182
1,019,044
923,214
net assets
2,132,118
1,853,371
1,651,981
1,380,001
1,242,855
1,064,541
955,397
851,886
786,334
779,410
662,805
555,944
437,268
288,130
295,828
total shareholders funds
2,132,118
1,853,371
1,651,981
1,380,001
1,242,855
1,064,541
955,397
851,886
786,334
779,410
662,805
555,944
437,268
288,130
295,828
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
346,431
243,369
336,632
168,637
215,832
133,266
127,551
81,207
7,908
146,819
137,788
155,208
200,710
-8,318
410,638
Depreciation
252,555
191,483
218,892
155,412
184,231
198,677
207,391
199,168
247,550
164,746
150,450
127,755
118,306
121,705
117,593
Amortisation
30,000
40,000
40,000
40,000
40,000
40,000
400,000
30,000
50,000
100,000
Tax
-92,916
-47,240
-63,798
-32,170
-41,827
-25,602
-24,280
-16,388
-1,731
-30,996
-31,920
-37,477
-52,400
-115,043
Stock
3,920
-109,113
138,052
-24,870
1,427
38,308
30,239
8,671
7,832
11,992
-11,670
-7,263
-16,699
-208
61,000
Debtors
171,473
-5,201
-25,246
35,909
-128,821
94,665
40,575
9,008
12,500
124,238
46,546
-106,470
57,362
60,411
230,626
Creditors
73,835
-102,454
5,040
-34,202
-118,832
296,621
-41,793
-86,462
31,317
-49,637
-17,659
-40,110
-48,776
120,017
363,277
Accruals and Deferred Income
44
-35,677
-50,550
36,370
-25,951
48,237
-36,306
211,411
Deferred Taxes & Provisions
Cash flow from operations
434,556
403,795
373,410
323,008
380,847
558,226
561,749
401,257
264,712
144,702
303,783
319,109
177,177
173,201
484,839
Investing Activities
capital expenditure
-517,268
-389,206
-408,954
-199,445
-155,582
-88,001
-598,926
-547,187
-168,946
-211,472
-215,577
-191,844
-198,022
-86,474
-952,543
Change in Investments
cash flow from investments
-517,268
-389,206
-408,954
-199,445
-155,582
-88,001
-598,926
-547,187
-168,946
-211,472
-215,577
-191,844
-198,022
-86,474
-952,543
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
43,865
-55,982
-59,063
22,559
-79,979
24,419
49,535
133,930
other long term liabilities
2,542
-25,163
-53,987
-62,264
-25,795
-62,973
-45,821
-56,732
-33,851
-11,003
-96,418
-101,534
39,914
-24,187
559,937
share issue
2
interest
25,232
5,260
-854
679
4,309
1,480
240
733
747
782
993
944
828
620
231
cash flow from financing
71,639
-75,885
-113,904
-39,026
-101,465
-37,074
3,954
77,931
-33,104
-10,221
-95,425
-100,590
40,742
-23,567
560,170
cash and cash equivalents
cash
-11,073
-111,295
-99,448
84,537
123,800
433,151
-33,223
-67,999
62,662
-76,991
-7,219
26,676
19,897
63,160
92,466
overdraft
-50,000
50,000
change in cash
-11,073
-61,295
-149,448
84,537
123,800
433,151
-33,223
-67,999
62,662
-76,991
-7,219
26,676
19,897
63,160
92,466
ability handling 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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ability handling limited Ownership
ABILITY HANDLING LIMITED group structure
Ability Handling Limited has no subsidiary companies.
The sole shareholder of Ability Handling Limited is Ghl Liftrucks Limited.
ghl liftrucks limited
100%
ability handling limited directors
Ability Handling Limited currently has 2 directors.
The longest serving directors include
Mr Steven Shakespeare (May 2024) and
Ms Jocelyn Morris (Nov 2024).
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
33120 - Repair of machinery
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
April 1992
age
33
incorporated
UK
ultimate parent company
APROLIS HOLDINGS SAS
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
HOLLIS & CO LIMITED
auditor
-
address
sheets stores industrial estate, field farm road, nottingham, NG10 1AU
Bank
-
Legal Advisor
-
ability handling 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 1 charges/mortgages relating to ability handling limited. Currently there are 0 open charges and 1 have been satisfied in the past.
ability handling 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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ability handling limitedCompanies House Filings - See Documents
