able board company limited

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able board company limited Company Information

Share ABLE BOARD COMPANY LIMITED

Company Number

02720016

Shareholders

lee james gunby

carl thomas gunby

Group Structure

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Industry

Other personal service activities n.e.c.

 +1

Registered Address

alpha house 4 greek street, stockport, cheshire, SK3 8AB

able board company limited Estimated Valuation

£432.7k

Pomanda estimates the enterprise value of ABLE BOARD COMPANY LIMITED at £432.7k based on a Turnover of £809.4k and 0.53x industry multiple (adjusted for size and gross margin).

able board company limited Estimated Valuation

£122.4k

Pomanda estimates the enterprise value of ABLE BOARD COMPANY LIMITED at £122.4k based on an EBITDA of £29.5k and a 4.14x industry multiple (adjusted for size and gross margin).

able board company limited Estimated Valuation

£571.2k

Pomanda estimates the enterprise value of ABLE BOARD COMPANY LIMITED at £571.2k based on Net Assets of £286.5k and 1.99x industry multiple (adjusted for liquidity).

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Able Board Company Limited Overview

Able Board Company Limited is a live company located in cheshire, SK3 8AB with a Companies House number of 02720016. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in June 1992, it's largest shareholder is lee james gunby with a 54% stake. Able Board Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £809.4k with declining growth in recent years.

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Able Board Company Limited Health Check

Pomanda's financial health check has awarded Able Board Company Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £809.4k, make it smaller than the average company (£10.4m)

£809.4k - Able Board Company Limited

£10.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.8%)

-3% - Able Board Company Limited

8.8% - Industry AVG

production

Production

with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)

32.6% - Able Board Company Limited

32.6% - Industry AVG

profitability

Profitability

an operating margin of 2.7% make it less profitable than the average company (4.6%)

2.7% - Able Board Company Limited

4.6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (26)

5 - Able Board Company Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)

£38.6k - Able Board Company Limited

£38.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £161.9k, this is less efficient (£241.9k)

£161.9k - Able Board Company Limited

£241.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is later than average (37 days)

50 days - Able Board Company Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is close to average (36 days)

37 days - Able Board Company Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 50 days, this is in line with average (48 days)

50 days - Able Board Company Limited

48 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (30 weeks)

11 weeks - Able Board Company Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.7%, this is a lower level of debt than the average (42.8%)

29.7% - Able Board Company Limited

42.8% - Industry AVG

ABLE BOARD COMPANY LIMITED financials

EXPORTms excel logo

Able Board Company Limited's latest turnover from December 2024 is estimated at £809.4 thousand and the company has net assets of £286.5 thousand. According to their latest financial statements, Able Board Company Limited has 5 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover809,380830,405692,739880,290762,900771,467898,763795,946900,530733,1571,296,053954,296878,340846,649738,965
Other Income Or Grants
Cost Of Sales545,178553,022462,664589,929515,520522,243613,724538,555601,922490,052871,671634,918583,038561,023483,104
Gross Profit264,202277,384230,074290,362247,380249,225285,039257,391298,608243,105424,382319,378295,302285,625255,862
Admin Expenses242,288234,558181,215210,493193,927233,687278,385245,992286,871249,048415,560289,144301,409309,361298,922-139,151
Operating Profit21,91442,82648,85979,86953,45315,5386,65411,39911,737-5,9438,82230,234-6,107-23,736-43,060139,151
Interest Payable
Interest Receivable8712892572318200175934113614074415911574
Pre-Tax Profit22,78543,11549,11679,89353,47015,7386,82811,49111,779-5,8078,96230,308-6,066-23,677-42,945139,225
Tax-5,696-10,779-9,332-15,180-10,159-2,990-1,297-2,183-2,356-1,882-6,971-38,983
Profit After Tax17,08932,33639,78464,71343,31112,7485,5319,3089,423-5,8077,08023,337-6,066-23,677-42,945100,242
Dividends Paid
Retained Profit17,08932,33639,78464,71343,31112,7485,5319,3089,423-5,8077,08023,337-6,066-23,677-42,945100,242
Employee Costs192,844195,076185,258214,625201,388198,880193,873187,971187,176187,716302,455238,765206,204204,056167,895
Number Of Employees5556666666108776
EBITDA*29,53648,90153,35481,90555,81319,51622,22926,97428,20110,24718,14631,734-3,762-21,392-39,407141,950

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets32,56822,89224,6112,2353,5762,5506,52822,10337,67844,11760,3078451,6891,309
Intangible Assets1,5003,0004,5006,0007,5009,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets32,56822,89224,6112,2353,5762,5506,52822,10337,67844,11761,8073,0004,5006,8459,18910,309
Stock & work in progress74,80789,97682,024107,21766,02053,12460,50557,75456,64634,13041,06340,30429,08031,57216,94027,103
Trade Debtors112,106116,95581,047109,46297,127110,956140,812115,443145,903107,302222,947165,871155,487153,239144,348191,283
Group Debtors
Misc Debtors162,089157,391174,412175,987127,06041,64931,55636,65016,27429,031
Cash26,1478,6942,31212,3596,31429,26324,02522,54514,54918,47335,87120,1669,4696,85216,75929,426
misc current assets
total current assets375,149373,016339,795405,025296,521234,992256,898232,392233,372188,936299,881226,341194,036191,663178,047247,812
total assets407,717395,908364,406407,260300,097237,542263,426254,495271,050233,053361,688229,341198,536198,508187,236258,121
Bank overdraft
Bank loan
Trade Creditors 56,14355,60864,038142,093119,023102,380126,152118,326123,728101,246268,479178,330170,862164,768129,819157,759
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities58,84365,98258,59067,42447,79045,43458,68954,93566,08653,175
total current liabilities114,986121,590122,628209,517166,813147,814184,841173,261189,814154,421268,479178,330170,862164,768129,819157,759
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities9296,46111,99317,52523,057
provisions6,2044,8804,6764256794341,1103,7587,5368,82312,061
total long term liabilities6,2044,8804,6764256794342,03910,21919,52926,34835,118
total liabilities121,190126,470127,304209,942167,492148,248186,880183,480209,343180,769303,597178,330170,862164,768129,819157,759
net assets286,527269,438237,102197,318132,60589,29476,54671,01561,70752,28458,09151,01127,67433,74057,417100,362
total shareholders funds286,527269,438237,102197,318132,60589,29476,54671,01561,70752,28458,09151,01127,67433,74057,417100,362
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit21,91442,82648,85979,86953,45315,5386,65411,39911,737-5,9438,82230,234-6,107-23,736-43,060139,151
Depreciation7,6226,0754,4952,0362,3603,97815,57515,57516,46416,1907,8248458442,1531,299
Amortisation1,5001,5001,5001,5001,5001,500
Tax-5,696-10,779-9,332-15,180-10,159-2,990-1,297-2,183-2,356-1,882-6,971-38,983
Stock-15,1697,952-25,19341,19712,896-7,3812,7511,10822,516-6,93375911,224-2,49214,632-10,16327,103
Debtors-15118,887-29,99061,26271,582-19,76320,275-10,08425,844-86,61457,07610,3842,2488,891-46,935191,283
Creditors535-8,430-78,05523,07016,643-23,7727,826-5,40222,482-167,23390,1497,4686,09434,949-27,940157,759
Accruals and Deferred Income-7,1397,392-8,83419,6342,356-13,2553,754-11,15112,91153,175
Deferred Taxes & Provisions1,3242044,251-254245-676-2,648-3,778-1,287-3,23812,061
Cash flow from operations33,88010,44916,5676,716-19,5805,9676,83813,43611,591-13,50260,63910,6232,576-9,966-10,24942,340
Investing Activities
capital expenditure-17,298-4,356-26,871-695-3,386-10,0251,500-68,131-2,533-13,108
Change in Investments
cash flow from investments-17,298-4,356-26,871-695-3,386-10,0251,500-68,131-2,533-13,108
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-929-5,532-5,532-5,532-5,53223,057
share issue120
interest8712892572318200175934113614074415911574
cash flow from financing8712892572318-729-5,357-5,439-5,491-5,39623,197744159115194
cash and cash equivalents
cash17,4536,382-10,0476,045-22,9495,2381,4807,996-3,924-17,39815,70510,6972,617-9,907-12,66729,426
overdraft
change in cash17,4536,382-10,0476,045-22,9495,2381,4807,996-3,924-17,39815,70510,6972,617-9,907-12,66729,426

able board company 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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Able Board Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for able board company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK3 area or any other competitors across 12 key performance metrics.

able board company limited Ownership

ABLE BOARD COMPANY LIMITED group structure

Able Board Company Limited has no subsidiary companies.

Ultimate parent company

ABLE BOARD COMPANY LIMITED

02720016

ABLE BOARD COMPANY LIMITED Shareholders

lee james gunby 54%
carl thomas gunby 46%

able board company limited directors

Able Board Company Limited currently has 2 directors. The longest serving directors include Mr Lee Gunby (Jun 1994) and Mr Carl Gunby (May 2006).

officercountryagestartendrole
Mr Lee Gunby55 years Jun 1994- Director
Mr Carl Gunby53 years May 2006- Director

P&L

December 2024

turnover

809.4k

-3%

operating profit

21.9k

0%

gross margin

32.7%

-2.28%

turnover

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

Balance Sheet

December 2024

net assets

286.5k

+0.06%

total assets

407.7k

+0.03%

cash

26.1k

+2.01%

net assets

Total assets minus all liabilities

able board company limited company details

company number

02720016

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

46730 - Wholesale of wood, construction materials and sanitary equipment

incorporation date

June 1992

age

33

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2024

previous names

charles ford limited (January 1993)

accountant

-

auditor

-

address

alpha house 4 greek street, stockport, cheshire, SK3 8AB

Bank

-

Legal Advisor

-

able board company 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 able board company limited. Currently there are 1 open charges and 0 have been satisfied in the past.

able board company 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 ABLE BOARD COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

able board company limited Companies House Filings - See Documents

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