
Company Number
02720016
Next Accounts
Sep 2026
Shareholders
lee james gunby
carl thomas gunby
Group Structure
View All
Industry
Other personal service activities n.e.c.
+1Registered Address
alpha house 4 greek street, stockport, cheshire, SK3 8AB
Website
www.ableboard.co.ukPomanda 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).
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).
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).
Edit your figures and get a professional valuation report.
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.
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
1 Strong
4 Regular
7 Weak
Size
annual sales of £809.4k, make it smaller than the average company (£10.4m)
- Able Board Company Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.8%)
- Able Board Company Limited
8.8% - Industry AVG
Production
with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)
- Able Board Company Limited
32.6% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (4.6%)
- Able Board Company Limited
4.6% - Industry AVG
Employees
with 5 employees, this is below the industry average (26)
5 - Able Board Company Limited
26 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Able Board Company Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £161.9k, this is less efficient (£241.9k)
- Able Board Company Limited
£241.9k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (37 days)
- Able Board Company Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (36 days)
- Able Board Company Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is in line with average (48 days)
- Able Board Company Limited
48 days - Industry AVG
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
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'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 House, Pomanda Estimates
Dec 2024 | 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 | ||||||||||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | ||||||||||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | ||||||||||||||||
Tax | ||||||||||||||||
Profit After Tax | ||||||||||||||||
Dividends Paid | ||||||||||||||||
Retained Profit | ||||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024 | 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 | 32,568 | 22,892 | 24,611 | 2,235 | 3,576 | 2,550 | 6,528 | 22,103 | 37,678 | 44,117 | 60,307 | 845 | 1,689 | 1,309 | ||
Intangible Assets | 1,500 | 3,000 | 4,500 | 6,000 | 7,500 | 9,000 | ||||||||||
Investments & Other | ||||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||||
Total Fixed Assets | 32,568 | 22,892 | 24,611 | 2,235 | 3,576 | 2,550 | 6,528 | 22,103 | 37,678 | 44,117 | 61,807 | 3,000 | 4,500 | 6,845 | 9,189 | 10,309 |
Stock & work in progress | 74,807 | 89,976 | 82,024 | 107,217 | 66,020 | 53,124 | 60,505 | 57,754 | 56,646 | 34,130 | 41,063 | 40,304 | 29,080 | 31,572 | 16,940 | 27,103 |
Trade Debtors | 112,106 | 116,955 | 81,047 | 109,462 | 97,127 | 110,956 | 140,812 | 115,443 | 145,903 | 107,302 | 222,947 | 165,871 | 155,487 | 153,239 | 144,348 | 191,283 |
Group Debtors | ||||||||||||||||
Misc Debtors | 162,089 | 157,391 | 174,412 | 175,987 | 127,060 | 41,649 | 31,556 | 36,650 | 16,274 | 29,031 | ||||||
Cash | 26,147 | 8,694 | 2,312 | 12,359 | 6,314 | 29,263 | 24,025 | 22,545 | 14,549 | 18,473 | 35,871 | 20,166 | 9,469 | 6,852 | 16,759 | 29,426 |
misc current assets | ||||||||||||||||
total current assets | 375,149 | 373,016 | 339,795 | 405,025 | 296,521 | 234,992 | 256,898 | 232,392 | 233,372 | 188,936 | 299,881 | 226,341 | 194,036 | 191,663 | 178,047 | 247,812 |
total assets | 407,717 | 395,908 | 364,406 | 407,260 | 300,097 | 237,542 | 263,426 | 254,495 | 271,050 | 233,053 | 361,688 | 229,341 | 198,536 | 198,508 | 187,236 | 258,121 |
Bank overdraft | ||||||||||||||||
Bank loan | ||||||||||||||||
Trade Creditors | 56,143 | 55,608 | 64,038 | 142,093 | 119,023 | 102,380 | 126,152 | 118,326 | 123,728 | 101,246 | 268,479 | 178,330 | 170,862 | 164,768 | 129,819 | 157,759 |
Group/Directors Accounts | ||||||||||||||||
other short term finances | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
other current liabilities | 58,843 | 65,982 | 58,590 | 67,424 | 47,790 | 45,434 | 58,689 | 54,935 | 66,086 | 53,175 | ||||||
total current liabilities | 114,986 | 121,590 | 122,628 | 209,517 | 166,813 | 147,814 | 184,841 | 173,261 | 189,814 | 154,421 | 268,479 | 178,330 | 170,862 | 164,768 | 129,819 | 157,759 |
loans | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
Accruals and Deferred Income | ||||||||||||||||
other liabilities | 929 | 6,461 | 11,993 | 17,525 | 23,057 | |||||||||||
provisions | 6,204 | 4,880 | 4,676 | 425 | 679 | 434 | 1,110 | 3,758 | 7,536 | 8,823 | 12,061 | |||||
total long term liabilities | 6,204 | 4,880 | 4,676 | 425 | 679 | 434 | 2,039 | 10,219 | 19,529 | 26,348 | 35,118 | |||||
total liabilities | 121,190 | 126,470 | 127,304 | 209,942 | 167,492 | 148,248 | 186,880 | 183,480 | 209,343 | 180,769 | 303,597 | 178,330 | 170,862 | 164,768 | 129,819 | 157,759 |
net assets | 286,527 | 269,438 | 237,102 | 197,318 | 132,605 | 89,294 | 76,546 | 71,015 | 61,707 | 52,284 | 58,091 | 51,011 | 27,674 | 33,740 | 57,417 | 100,362 |
total shareholders funds | 286,527 | 269,438 | 237,102 | 197,318 | 132,605 | 89,294 | 76,546 | 71,015 | 61,707 | 52,284 | 58,091 | 51,011 | 27,674 | 33,740 | 57,417 | 100,362 |
Dec 2024 | 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 | ||||||||||||||||
Depreciation | 7,622 | 6,075 | 4,495 | 2,036 | 2,360 | 3,978 | 15,575 | 15,575 | 16,464 | 16,190 | 7,824 | 845 | 844 | 2,153 | 1,299 | |
Amortisation | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | ||||||||||
Tax | ||||||||||||||||
Stock | -15,169 | 7,952 | -25,193 | 41,197 | 12,896 | -7,381 | 2,751 | 1,108 | 22,516 | -6,933 | 759 | 11,224 | -2,492 | 14,632 | -10,163 | 27,103 |
Debtors | -151 | 18,887 | -29,990 | 61,262 | 71,582 | -19,763 | 20,275 | -10,084 | 25,844 | -86,614 | 57,076 | 10,384 | 2,248 | 8,891 | -46,935 | 191,283 |
Creditors | 535 | -8,430 | -78,055 | 23,070 | 16,643 | -23,772 | 7,826 | -5,402 | 22,482 | -167,233 | 90,149 | 7,468 | 6,094 | 34,949 | -27,940 | 157,759 |
Accruals and Deferred Income | -7,139 | 7,392 | -8,834 | 19,634 | 2,356 | -13,255 | 3,754 | -11,151 | 12,911 | 53,175 | ||||||
Deferred Taxes & Provisions | 1,324 | 204 | 4,251 | -254 | 245 | -676 | -2,648 | -3,778 | -1,287 | -3,238 | 12,061 | |||||
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | ||||||||||||||||
cash flow from investments | ||||||||||||||||
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 | -5,532 | 23,057 | ||||||||||
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | 17,453 | 6,382 | -10,047 | 6,045 | -22,949 | 5,238 | 1,480 | 7,996 | -3,924 | -17,398 | 15,705 | 10,697 | 2,617 | -9,907 | -12,667 | 29,426 |
overdraft | ||||||||||||||||
change in cash | 17,453 | 6,382 | -10,047 | 6,045 | -22,949 | 5,238 | 1,480 | 7,996 | -3,924 | -17,398 | 15,705 | 10,697 | 2,617 | -9,907 | -12,667 | 29,426 |
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 group structure
Able Board Company Limited has no subsidiary companies.
Ultimate parent company
ABLE BOARD COMPANY LIMITED
02720016
Able Board Company Limited currently has 2 directors. The longest serving directors include Mr Lee Gunby (Jun 1994) and Mr Carl Gunby (May 2006).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Lee Gunby | 55 years | Jun 1994 | - | Director | |
Mr Carl Gunby | 53 years | May 2006 | - | Director |
P&L
December 2024turnover
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 2024net assets
286.5k
+0.06%
total assets
407.7k
+0.03%
cash
26.1k
+2.01%
net assets
Total assets minus all liabilities
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
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
-
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.
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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