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abacus fashions limited

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abacus fashions limited Company Information

company number

02771151

incorporation date

December 1992

registered address

222-224 HIGH ROAD, ILFORD, IG1 1QF

telephone

02085141595

net assets

885,510

turnover (est)

£6,984,796

map

£3.8m

This is Pomanda's estimated valuation of ABACUS FASHIONS LIMITED based on a Turnover of £7m and 0.54x industry multiple (adjusted for size and gross margin).

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Industry Breakdown

100% Retail sale of clothing in specialised stores

The Industry Breakdown is vital for the calculation of Valuations, Pomanda Estimates and Similar Companies. Create a customised breakdown that accurately reflects the business operations.

Industry Turnover Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.

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Balance Sheet  May 2020

net assets

885.5k

+0.12%

total assets

1.9m

+0.03%

cash

213.4k

-0.52%

net assets

Total assets minus all liabilities

Profit & Loss  May 2020

turnover

7m

0%

operating profit

115k

0%

gross margin

48.1%

+1.09%

turnover

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

abacus fashions 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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abacus fashions limited interested in funding or investment

Funding Interest

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abacus fashions limited Ownership

group structure

Ultimate parent company

ABACUS FASHIONS LIMITED

02771151

ajay velji malde 99.97%
chetna velji malde 0.02%
julia barry 0.02%

abacus fashions limited directors

officercountryagestartendrole
Mr Ajay Malde62 years Mar 1993- Director

ABACUS FASHIONS LIMITED financials

Data source: Companies HousePomanda Estimates

May 2020May 2019May 2018May 2017May 2016
Turnover6,984,7964,662,6991,754,4732,019,4902,160,129
Cost Of Sales3,629,1002,446,730882,7561,057,0571,112,829
Gross Profit3,355,6962,215,969871,717962,4331,047,300
Admin Expenses3,240,6602,107,094803,445926,5481,062,332
Operating Profit115,036108,87568,27235,885-15,032
Interest Payable00000
Interest Receivable2,4642,183557105296
Pre-Tax Profit117,500111,05868,82835,990-14,736
Tax-21,150-21,101-13,077-6,8380
Profit After Tax96,35089,95755,75129,152-14,736
Dividends Paid00000
Retained Profit96,35089,95755,75129,152-14,736
Employee Costs371,736325,313328,949286,010417,500
Number Of Employees1515151421
EBITDA*142,171118,58575,60444,032-4,228

* Earnings Before Interest, Tax, Depreciation and Amortisation

abacus fashions limited company details

company number

02771151

Type

Private limited with Share Capital

industry

47710 - Retail sale of clothing in specialised stores

incorporation date

December 1992

age

29

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

222-224 HIGH ROAD, ILFORD, IG1 1QF

last accounts submitted

May 2020