advanced 2000 limited

advanced 2000 limited Company Information

Share ADVANCED 2000 LIMITED
Live 
MatureSmallDeclining

Company Number

02923186

Industry

Plumbing, heat and air-conditioning installation

 

Shareholders

marcus james edwards

Group Structure

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Contact

Registered Address

135c garth road, morden, surrey, SM4 4LF

advanced 2000 limited Estimated Valuation

£528.6k

Pomanda estimates the enterprise value of ADVANCED 2000 LIMITED at £528.6k based on a Turnover of £1m and 0.51x industry multiple (adjusted for size and gross margin).

advanced 2000 limited Estimated Valuation

£4m

Pomanda estimates the enterprise value of ADVANCED 2000 LIMITED at £4m based on an EBITDA of £780.4k and a 5.06x industry multiple (adjusted for size and gross margin).

advanced 2000 limited Estimated Valuation

£11.4m

Pomanda estimates the enterprise value of ADVANCED 2000 LIMITED at £11.4m based on Net Assets of £3.9m and 2.93x industry multiple (adjusted for liquidity).

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Advanced 2000 Limited Overview

Advanced 2000 Limited is a live company located in surrey, SM4 4LF with a Companies House number of 02923186. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in April 1994, it's largest shareholder is marcus james edwards with a 100% stake. Advanced 2000 Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.

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Advanced 2000 Limited Health Check

Pomanda's financial health check has awarded Advanced 2000 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1m, make it larger than the average company (£332.8k)

£1m - Advanced 2000 Limited

£332.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (5.8%)

-27% - Advanced 2000 Limited

5.8% - Industry AVG

production

Production

with a gross margin of 27.9%, this company has a comparable cost of product (27.9%)

27.9% - Advanced 2000 Limited

27.9% - Industry AVG

profitability

Profitability

an operating margin of 70.2% make it more profitable than the average company (5.9%)

70.2% - Advanced 2000 Limited

5.9% - Industry AVG

employees

Employees

with 13 employees, this is above the industry average (4)

13 - Advanced 2000 Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)

£31.5k - Advanced 2000 Limited

£31.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.5k, this is less efficient (£115.9k)

£80.5k - Advanced 2000 Limited

£115.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is near the average (54 days)

51 days - Advanced 2000 Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (47 days)

78 days - Advanced 2000 Limited

47 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 14 days, this is more than average (11 days)

14 days - Advanced 2000 Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 362 weeks, this is more cash available to meet short term requirements (20 weeks)

362 weeks - Advanced 2000 Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 13.8%, this is a lower level of debt than the average (62.6%)

13.8% - Advanced 2000 Limited

62.6% - Industry AVG

ADVANCED 2000 LIMITED financials

EXPORTms excel logo

Advanced 2000 Limited's latest turnover from July 2023 is estimated at £1 million and the company has net assets of £3.9 million. According to their latest financial statements, Advanced 2000 Limited has 13 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover1,046,1264,689,3904,534,1992,691,1512,685,6086,531,9964,920,2937,702,4793,610,1144,057,2322,838,8795,014,8133,630,4983,225,7340
Other Income Or Grants000000000000000
Cost Of Sales754,6253,275,7743,235,8971,868,5781,757,1944,320,6213,159,5664,922,7482,316,8352,555,7051,757,4543,048,1432,235,7391,890,3160
Gross Profit291,5011,413,6151,298,302822,573928,4152,211,3751,760,7272,779,7311,293,2781,501,5271,081,4251,966,6701,394,7591,335,4170
Admin Expenses-443,3272,275,1471,572,776751,572291,4871,407,149813,7971,599,497588,9741,375,9941,134,1411,777,1911,262,1001,348,675-712,993
Operating Profit734,828-861,532-274,47471,001636,928804,226946,9301,180,234704,304125,533-52,716189,479132,659-13,258712,993
Interest Payable0002012220000000000
Interest Receivable148,53624,6342,9353,71521,4298,9172,7923,7813,0291,4084635097251,295974
Pre-Tax Profit883,364-836,898-271,53974,515658,135813,143949,7221,184,015707,333126,941-52,253189,988133,384-11,963713,967
Tax-220,84100-14,158-125,046-154,497-180,447-236,803-141,466-26,6580-45,597-34,6800-199,911
Profit After Tax662,523-836,898-271,53960,357533,089658,646769,275947,212565,866100,283-52,253144,39198,704-11,963514,056
Dividends Paid000000000000000
Retained Profit662,523-836,898-271,53960,357533,089658,646769,275947,212565,866100,283-52,253144,39198,704-11,963514,056
Employee Costs408,984432,512461,509460,950430,323482,028479,3292,359,743943,4541,043,035758,7891,338,9721,145,063995,1550
Number Of Employees13141414131415652730213933310
EBITDA*780,449-840,669-246,80189,532654,436836,646996,9611,206,217723,832151,101-30,019210,743154,837-1,458727,421

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets133,77859,30979,67255,03373,56467,757144,93071,11254,59574,12367,12459,68264,11534,19242,367
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets133,77859,30979,67255,03373,56467,757144,93071,11254,59574,12367,12459,68264,11534,19242,367
Stock & work in progress30,980372,6147,0007,000135,021600,453258,728356,19399,07485,671163,36475,432222,81186,27049,560
Trade Debtors146,7841,169,9031,705,276780,878648,0201,466,2131,068,8431,517,753792,416760,654470,879975,884517,665545,655284,687
Group Debtors000000000000000
Misc Debtors91,447140,443313,949186,786203,901168,808783,269410,65984,71773,510145,5680000
Cash4,100,4871,840,9432,100,5063,769,2143,660,6342,053,6791,513,182720,689791,535420,017143,18741,983161,506128,307389,588
misc current assets000000000000000
total current assets4,369,6983,523,9034,126,7314,743,8784,647,5764,125,3253,624,0223,005,2941,767,7421,339,852922,9981,093,299901,982760,232723,835
total assets4,503,4763,583,2124,206,4034,798,9114,721,1404,193,0823,768,9523,076,4061,822,3371,413,975990,1221,152,981966,097794,424766,202
Bank overdraft00006,5800000000000
Bank loan000000000000000
Trade Creditors 163,099272,54941,68032,101139,258242,280291,506300,485118,000435,904197,319398,457350,747292,231252,046
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments0000012,95312,9533,5716,9308,2527,7110000
other current liabilities425,08380,06893,361428,547293,896182,878354,233455,188323,886151,25474,3060000
total current liabilities588,182352,617135,041460,648439,734438,111658,692759,244448,816595,410279,336398,457350,747292,231252,046
loans000000000000000
hp & lease commitments000007,78019,53303,57110,5016,6103,745000
Accruals and Deferred Income000000000000000
other liabilities0000000000007,83100
provisions33,44511,26915,13810,50014,00012,87415,05610,76610,76614,74611,1415,4916,62200
total long term liabilities33,44511,26915,13810,50014,00020,65434,58910,76614,33725,24717,7519,23614,45300
total liabilities621,627363,886150,179471,148453,734458,765693,281770,010463,153620,657297,087407,693365,200292,231252,046
net assets3,881,8493,219,3264,056,2244,327,7634,267,4063,734,3173,075,6712,306,3961,359,184793,318693,035745,288600,897502,193514,156
total shareholders funds3,881,8493,219,3264,056,2244,327,7634,267,4063,734,3173,075,6712,306,3961,359,184793,318693,035745,288600,897502,193514,156
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit734,828-861,532-274,47471,001636,928804,226946,9301,180,234704,304125,533-52,716189,479132,659-13,258712,993
Depreciation45,62120,86327,67318,53117,50832,42050,03125,98319,52825,56822,69721,26422,17811,80014,428
Amortisation000000000000000
Tax-220,84100-14,158-125,046-154,497-180,447-236,803-141,466-26,6580-45,597-34,6800-199,911
Stock-341,634365,6140-128,021-465,432341,725-97,465257,11913,403-77,69387,932-147,379136,54136,71049,560
Debtors-1,072,115-708,8791,051,561115,743-619,272-380,919-76,3001,051,27942,969217,717-359,437458,219-27,990260,968284,687
Creditors-109,450230,8699,579-107,157-103,022-49,226-8,979182,485-317,904238,585-201,13847,71058,51640,185252,046
Accruals and Deferred Income345,015-13,293-335,186134,651111,018-171,355-100,955131,302172,63276,94874,3060000
Deferred Taxes & Provisions22,176-3,8694,638-3,5001,126-2,1824,2900-3,9803,6055,650-1,1316,62200
Cash flow from operations2,231,098-283,697-1,619,331111,6461,623,216498,580884,635-25,197376,742303,557120,304-99,11576,744-258,951445,309
Investing Activities
capital expenditure-120,090-500-52,3120-23,31544,753-123,849-42,5000-32,567-30,139-16,831-52,101-3,625-56,795
Change in Investments000000000000000
cash flow from investments-120,090-500-52,3120-23,31544,753-123,849-42,5000-32,567-30,139-16,831-52,101-3,625-56,795
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments0000-20,733-11,75328,915-6,930-8,2524,43210,5763,745000
other long term liabilities00000000000-7,8317,83100
share issue00000000000000100
interest148,53624,6342,9353,51421,2078,9172,7923,7813,0291,4084635097251,295974
cash flow from financing148,53624,6342,9353,514474-2,83631,707-3,149-5,2235,84011,039-3,5778,5561,2951,074
cash and cash equivalents
cash2,259,544-259,563-1,668,708108,5801,606,955540,497792,493-70,846371,518276,830101,204-119,52333,199-261,281389,588
overdraft000-6,5806,5800000000000
change in cash2,259,544-259,563-1,668,708115,1601,600,375540,497792,493-70,846371,518276,830101,204-119,52333,199-261,281389,588

advanced 2000 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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Advanced 2000 Limited Competitor Analysis

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Perform a competitor analysis for advanced 2000 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SM4 area or any other competitors across 12 key performance metrics.

advanced 2000 limited Ownership

ADVANCED 2000 LIMITED group structure

Advanced 2000 Limited has no subsidiary companies.

Ultimate parent company

ADVANCED 2000 LIMITED

02923186

ADVANCED 2000 LIMITED Shareholders

marcus james edwards 100%

advanced 2000 limited directors

Advanced 2000 Limited currently has 1 director, Mr Marcus Edwards serving since Apr 1994.

officercountryagestartendrole
Mr Marcus Edwards60 years Apr 1994- Director

P&L

July 2023

turnover

1m

-78%

operating profit

734.8k

0%

gross margin

27.9%

-7.56%

turnover

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

Balance Sheet

July 2023

net assets

3.9m

+0.21%

total assets

4.5m

+0.26%

cash

4.1m

+1.23%

net assets

Total assets minus all liabilities

advanced 2000 limited company details

company number

02923186

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

April 1994

age

30

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

GIESS WALLIS CRISP LLP

auditor

-

address

135c garth road, morden, surrey, SM4 4LF

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

advanced 2000 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 advanced 2000 limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

advanced 2000 limited Companies House Filings - See Documents

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