Pomanda estimates the enterprise value of APPROACHLINE LIMITED at £84.7k based on a Turnover of £154.7k and 0.55x industry multiple (adjusted for size and gross margin).
approachline limitedEstimated Valuation
£47.2k
Pomanda estimates the enterprise value of APPROACHLINE LIMITED at £47.2k based on an EBITDA of £11.8k and a 4.01x industry multiple (adjusted for size and gross margin).
approachline limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of APPROACHLINE LIMITED at £1.4m based on Net Assets of £638.8k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Approachline LimitedOverview
Approachline Limited is a live company located in london, EC2A 4BA with a Companies House number of 02867336. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 1993, it's largest shareholder is
colin john butcher
with a 100% stake. Approachline Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£154.7k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Approachline Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
4 Regular
3 Weak
Size
annual sales of £154.7k, make it smaller than the average company (£3.8m)
£154.7k - Approachline Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.5%)
5% - Approachline Limited
5.5% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
37.9% - Approachline Limited
37.9% - Industry AVG
Profitability
an operating margin of 7.6% make it more profitable than the average company (5.9%)
7.6% - Approachline Limited
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Approachline Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
£48.9k - Approachline Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £154.7k, this is equally as efficient (£154.7k)
£154.7k - Approachline Limited
£154.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Approachline Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Approachline Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Approachline Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (24 weeks)
2 weeks - Approachline Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.7%, this is a lower level of debt than the average (61.5%)
51.7% - Approachline Limited
61.5% - Industry AVG
APPROACHLINE LIMITED financials
EXPORT
Approachline Limited's latest turnover from November 2023 is estimated at £154.7 thousand and the company has net assets of £638.8 thousand. According to their latest financial statements, Approachline Limited has 1 employee and maintains cash reserves of £3.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Turnover
154,689
77,054
127,119
134,286
134,518
128,544
24,775
9
148,327
145,780
128,914
104,166
98,608
Other Income Or Grants
Cost Of Sales
95,996
47,492
80,089
83,698
84,414
79,075
15,271
6
94,840
93,729
80,613
64,090
58,976
Gross Profit
58,693
29,562
47,029
50,588
50,104
49,468
9,504
3
53,488
52,051
48,301
40,076
39,631
Admin Expenses
46,906
20,020
78,721
704,567
-20,056
30,658
-720,258
55,259
-13,592
46,801
46,052
44,779
34,202
33,299
-136,854
Operating Profit
11,787
9,542
-31,692
-653,979
20,056
19,446
769,726
-45,755
13,595
6,687
5,999
3,522
5,874
6,332
136,854
Interest Payable
12,948
10,538
6,070
4,990
5,947
6,701
7,189
7,592
4,120
Interest Receivable
273
250
11
6
2
3
2
2
3
4
11
14
13
9
3
Pre-Tax Profit
-888
-746
-37,751
-658,963
14,111
12,748
762,540
-53,346
9,478
6,691
6,009
3,536
5,886
6,342
136,857
Tax
-2,681
-2,422
-144,883
-1,895
-1,405
-1,382
-849
-1,530
-1,776
-38,320
Profit After Tax
-888
-746
-37,751
-658,963
11,430
10,326
617,657
-53,346
7,582
5,286
4,627
2,687
4,356
4,566
98,537
Dividends Paid
Retained Profit
-888
-746
-37,751
-658,963
11,430
10,326
617,657
-53,346
7,582
5,286
4,627
2,687
4,356
4,566
98,537
Employee Costs
48,936
45,804
43,139
42,012
39,421
38,089
38,181
38,037
75,564
74,547
36,926
36,311
35,401
Number Of Employees
1
1
1
1
1
1
1
1
2
2
1
1
1
EBITDA*
11,787
9,542
-31,692
-653,979
20,056
19,446
769,726
-43,105
16,245
9,337
8,648
6,172
8,524
8,982
139,504
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Tangible Assets
295,435
298,085
300,735
303,384
306,034
308,684
311,333
Intangible Assets
Investments & Other
900,000
900,000
900,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
Debtors (Due After 1 year)
Total Fixed Assets
900,000
900,000
900,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
295,435
298,085
300,735
303,384
306,034
308,684
311,333
Stock & work in progress
Trade Debtors
2,851
1
837
892
1,511
1,588
3,450
5,175
Group Debtors
Misc Debtors
417,450
420,428
417,758
56
Cash
3,726
6,670
10,022
12,693
98
322
384
300
990
249
1,221
2,996
2,526
2,645
1,057
misc current assets
total current assets
421,176
427,098
427,780
12,693
98
322
384
3,151
1,047
1,086
2,113
4,507
4,114
6,095
6,232
total assets
1,321,176
1,327,098
1,327,780
1,012,693
1,000,098
1,000,322
1,000,384
1,003,151
296,482
299,171
302,848
307,891
310,148
314,779
317,565
Bank overdraft
2,002
1,952
1,922
11,737
Bank loan
Trade Creditors
1,405
51,955
50,240
47,083
38,436
35,073
43,600
Group/Directors Accounts
19,750
other short term finances
hp & lease commitments
other current liabilities
68,321
69,953
69,297
45,541
41,040
41,841
20,990
43,620
41,959
total current liabilities
70,323
73,310
71,219
57,278
41,040
41,841
40,740
43,620
41,959
51,955
50,240
47,083
38,436
35,073
43,600
loans
112,096
114,143
116,170
69,202
82,676
93,529
105,018
116,167
126,782
hp & lease commitments
Accruals and Deferred Income
other liabilities
500,000
500,000
500,000
127,057
137,735
150,562
164,153
176,503
175,328
provisions
162,574
162,574
162,574
162,574
100,175
total long term liabilities
612,096
614,143
616,170
231,776
245,250
256,103
267,592
216,342
126,782
127,057
137,735
150,562
164,153
176,503
175,328
total liabilities
682,419
687,453
687,389
289,054
286,290
297,944
308,332
259,962
168,741
179,012
187,975
197,645
202,589
211,576
218,928
net assets
638,757
639,645
640,391
723,639
713,808
702,378
692,052
743,189
127,741
120,159
114,873
110,246
107,559
103,203
98,637
total shareholders funds
638,757
639,645
640,391
723,639
713,808
702,378
692,052
743,189
127,741
120,159
114,873
110,246
107,559
103,203
98,637
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Nov 2010
Nov 2009
Operating Activities
Operating Profit
11,787
9,542
-31,692
-653,979
20,056
19,446
769,726
-45,755
13,595
6,687
5,999
3,522
5,874
6,332
136,854
Depreciation
2,650
2,650
2,650
2,649
2,650
2,650
2,650
2,650
Amortisation
Tax
-2,681
-2,422
-144,883
-1,895
-1,405
-1,382
-849
-1,530
-1,776
-38,320
Stock
Debtors
-2,978
2,670
417,758
-2,851
2,794
-780
-55
-619
-77
-1,862
-1,725
5,175
Creditors
-1,405
1,405
-51,955
1,715
3,157
8,647
3,363
-8,527
43,600
Accruals and Deferred Income
-1,632
656
23,756
4,501
-801
20,851
-22,630
1,661
41,959
Deferred Taxes & Provisions
-162,574
62,399
100,175
Cash flow from operations
11,728
8,933
-588,268
-649,478
16,574
37,875
667,463
55,937
5,134
9,702
11,042
14,047
12,219
404
139,609
Investing Activities
capital expenditure
292,785
-1
-313,983
Change in Investments
-100,000
1,000,000
cash flow from investments
100,000
-707,215
-1
-313,983
Financing Activities
Bank loans
Group/Directors Accounts
-19,750
19,750
Other Short Term Loans
Long term loans
-2,047
-2,027
46,968
-13,474
-10,853
-11,489
-11,149
-10,615
126,782
Hire Purchase and Lease Commitments
other long term liabilities
500,000
-127,057
-10,678
-12,827
-13,591
-12,350
1,175
175,328
share issue
-45,497
668,794
-668,794
668,794
100
interest
-12,675
-10,288
-6,059
-4,984
-5,945
-6,698
-7,187
-7,590
-4,117
4
11
14
13
9
3
cash flow from financing
-14,722
-12,315
495,412
650,336
-16,798
-37,937
-667,380
650,589
-4,392
-10,674
-12,816
-13,577
-12,337
1,184
175,431
cash and cash equivalents
cash
-2,944
-3,352
-2,671
12,595
-224
-62
84
-690
741
-972
-1,775
470
-119
1,588
1,057
overdraft
50
30
-9,815
11,737
change in cash
-2,994
-3,382
7,144
858
-224
-62
84
-690
741
-972
-1,775
470
-119
1,588
1,057
approachline limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for approachline limited. Get real-time insights into approachline limited's credit score, group structure and payment trends.
Perform a competitor analysis for approachline limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
approachline limited Ownership
APPROACHLINE LIMITED group structure
Approachline Limited has no subsidiary companies.
Ultimate parent company
APPROACHLINE LIMITED
02867336
APPROACHLINE LIMITED Shareholders
The sole shareholder of Approachline Limited is Colin John Butcher.
colin john butcher
100%
approachline limited directors
Approachline Limited currently has 1 director, Mr Colin Butcher serving since Nov 1994.
82990 - Other business support service activities n.e.c.
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
RAMON LEE LTD
auditor
-
address
93 tabernacle street, london, EC2A 4BA
Bank
HSBC BANK PLC
Legal Advisor
-
approachline 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 2 charges/mortgages relating to approachline limited. Currently there are 1 open charges and 1 have been satisfied in the past.
approachline 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 APPROACHLINE LIMITED. This can take several minutes, an email will notify you when this has completed.
approachline limitedCompanies House Filings - See Documents
