advanced access limited

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advanced access limited Company Information

Share ADVANCED ACCESS LIMITED

Company Number

02983649

Shareholders

mr john eugene peddle

mrs angela mary king

Group Structure

View All

Industry

Security systems service activities

 

Registered Address

unit 11 & 12 eastgate business p, wentloog avenue, cardiff, CF3 2EY

advanced access limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of ADVANCED ACCESS LIMITED at £3.9m based on a Turnover of £6.7m and 0.58x industry multiple (adjusted for size and gross margin).

advanced access limited Estimated Valuation

£273.4k

Pomanda estimates the enterprise value of ADVANCED ACCESS LIMITED at £273.4k based on an EBITDA of £57.1k and a 4.79x industry multiple (adjusted for size and gross margin).

advanced access limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of ADVANCED ACCESS LIMITED at £2.9m based on Net Assets of £1.3m and 2.17x industry multiple (adjusted for liquidity).

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Advanced Access Limited Overview

Advanced Access Limited is a live company located in cardiff, CF3 2EY with a Companies House number of 02983649. It operates in the security systems service activities sector, SIC Code 80200. Founded in October 1994, it's largest shareholder is mr john eugene peddle with a 50% stake. Advanced Access Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.

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Advanced Access Limited Health Check

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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £6.7m, make it larger than the average company (£1.9m)

£6.7m - Advanced Access Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (8.9%)

8% - Advanced Access Limited

8.9% - Industry AVG

production

Production

with a gross margin of 37.3%, this company has a comparable cost of product (37.3%)

37.3% - Advanced Access Limited

37.3% - Industry AVG

profitability

Profitability

an operating margin of 0.7% make it less profitable than the average company (6.3%)

0.7% - Advanced Access Limited

6.3% - Industry AVG

employees

Employees

with 21 employees, this is similar to the industry average (22)

21 - Advanced Access Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)

£39.4k - Advanced Access Limited

£39.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £319.7k, this is more efficient (£108.8k)

£319.7k - Advanced Access Limited

£108.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 89 days, this is later than average (68 days)

89 days - Advanced Access Limited

68 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 155 days, this is slower than average (46 days)

155 days - Advanced Access Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 62 days, this is more than average (27 days)

62 days - Advanced Access Limited

27 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (10 weeks)

24 weeks - Advanced Access Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.7%, this is a lower level of debt than the average (67.5%)

60.7% - Advanced Access Limited

67.5% - Industry AVG

ADVANCED ACCESS LIMITED financials

EXPORTms excel logo

Advanced Access Limited's latest turnover from March 2024 is estimated at £6.7 million and the company has net assets of £1.3 million. According to their latest financial statements, Advanced Access Limited has 21 employees and maintains cash reserves of £981.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Dec 2010Dec 2009
Turnover6,714,1657,372,0876,527,4555,272,0235,294,2675,202,9884,589,3874,298,1504,373,1595,538,7344,615,0393,517,5073,778,5782,838,898
Other Income Or Grants
Cost Of Sales4,213,0344,664,8864,113,7463,417,5383,493,9733,321,2572,713,2082,526,5582,571,3253,199,5932,700,6162,012,0262,192,1251,607,995
Gross Profit2,501,1312,707,2012,413,7091,854,4851,800,2941,881,7311,876,1791,771,5921,801,8342,339,1411,914,4241,505,4811,586,4531,230,903
Admin Expenses2,452,1572,503,3632,293,5011,671,2671,633,6701,672,1371,686,6761,665,8511,722,0432,321,2271,847,8591,488,5861,412,0041,226,648-151,270
Operating Profit48,974203,838120,208183,218166,624209,594189,503105,74179,79117,91466,56516,895174,4494,255151,270
Interest Payable
Interest Receivable45,34333,8286,4797397085,3802,455679720712692413155830247
Pre-Tax Profit94,317237,667126,688183,957167,332214,974191,958106,42080,51118,62767,25717,308174,6045,085151,517
Tax-23,579-45,157-24,071-34,952-31,793-40,845-36,472-21,284-16,102-3,912-15,469-4,154-45,397-1,424-42,425
Profit After Tax70,738192,510102,617149,005135,539174,129155,48685,13664,40914,71551,78813,154129,2073,661109,092
Dividends Paid
Retained Profit70,738192,510102,617149,005135,539174,129155,48685,13664,40914,71551,78813,154129,2073,661109,092
Employee Costs826,783937,700887,063821,959851,331788,298711,905721,202756,7431,967,7421,532,2951,109,3271,219,330832,864
Number Of Employees2125252325222122246546333526
EBITDA*57,074213,975123,957187,270171,718213,999196,081113,78689,54734,42178,68631,124191,67419,046169,338

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Dec 2010Dec 2009
Tangible Assets32,25440,35414,73115,85519,90725,00122,02525,09733,14142,90750,21456,36067,15665,63776,642
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets32,25440,35414,73115,85519,90725,00122,02525,09733,14142,90750,21456,36067,15665,63776,642
Stock & work in progress723,877765,025570,380457,827422,737121,647121,482101,19985,098106,245107,463107,38998,51599,812115,976
Trade Debtors1,646,7721,665,6971,456,1791,154,6361,232,8981,258,3301,132,6541,077,2891,053,9571,166,316866,300645,284704,924544,250530,536
Group Debtors
Misc Debtors20,15174,020111,11938,53720,26518,60525,171197,149216,853
Cash981,212746,151845,773882,003595,836819,424615,319366,531176,748111,386173,570103,10361,955233,14898,657
misc current assets
total current assets3,372,0123,250,8932,983,4512,533,0032,271,7362,218,0061,894,6261,742,1681,532,6561,383,9471,147,333855,776865,394877,210745,169
total assets3,404,2663,291,2472,998,1822,548,8582,291,6432,243,0071,916,6511,767,2651,565,7971,426,8541,197,547912,136932,550942,847821,811
Bank overdraft
Bank loan
Trade Creditors 1,795,2591,759,7431,755,6841,393,9791,258,5661,332,5351,216,7781,187,9171,143,7181,210,002994,299759,873791,671819,301700,612
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities261,511259,314163,367178,140204,533216,448180,573215,991142,766
total current liabilities2,056,7702,019,0571,919,0511,572,1191,463,0991,548,9831,397,3511,403,9081,286,4841,210,002994,299759,873791,671819,301700,612
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions8,0633,4952,9463,1713,9815,0004,4053,9485,0406,9888,0998,90210,6729,79311,107
total long term liabilities8,0633,4952,9463,1713,9815,0004,4053,9485,0406,9888,0998,90210,6729,79311,107
total liabilities2,064,8332,022,5521,921,9971,575,2901,467,0801,553,9831,401,7561,407,8561,291,5241,216,9901,002,398768,775802,343829,094711,719
net assets1,339,4331,268,6951,076,185973,568824,563689,024514,895359,409274,273209,864195,149143,361130,207113,753110,092
total shareholders funds1,339,4331,268,6951,076,185973,568824,563689,024514,895359,409274,273209,864195,149143,361130,207113,753110,092
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Dec 2010Dec 2009
Operating Activities
Operating Profit48,974203,838120,208183,218166,624209,594189,503105,74179,79117,91466,56516,895174,4494,255151,270
Depreciation8,10010,1373,7494,0525,0944,4056,5788,0459,75616,50712,12114,22917,22514,79118,068
Amortisation
Tax-23,579-45,157-24,071-34,952-31,793-40,845-36,472-21,284-16,102-3,912-15,469-4,154-45,397-1,424-42,425
Stock-41,148194,645112,55335,090301,09016520,28316,101-21,147-1,218748,87498,515-16,164115,976
Debtors-72,794172,419374,125-59,990-23,772119,110-116,6133,628104,494300,016221,016-59,640704,92413,714530,536
Creditors35,5164,059361,705135,413-73,969115,75728,86144,199-66,284215,703234,426-31,798791,671118,689700,612
Accruals and Deferred Income2,19795,947-14,773-26,393-11,91535,875-35,41873,225142,766
Deferred Taxes & Provisions4,568549-225-810-1,019595457-1,092-1,948-1,111-803-1,77010,672-1,31411,107
Cash flow from operations189,718-97,691-40,085285,428-224,296206,106249,839189,10564,632-53,69775,75044,168145,181137,447192,120
Investing Activities
capital expenditure-35,760-2,625-7,381-3,506-110-9,200-5,975-3,433-84,381-3,786-94,710
Change in Investments
cash flow from investments-35,760-2,625-7,381-3,506-110-9,200-5,975-3,433-84,381-3,786-94,710
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,0001,000
interest45,34333,8286,4797397085,3802,455679720712692413155830247
cash flow from financing45,34333,8286,4797397085,3802,4556797207126924131,1558301,247
cash and cash equivalents
cash235,061-99,622-36,230286,167-223,588204,105248,788189,78365,362-62,18470,46741,14861,955134,49198,657
overdraft
change in cash235,061-99,622-36,230286,167-223,588204,105248,788189,78365,362-62,18470,46741,14861,955134,49198,657

advanced access 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 Access Limited Competitor Analysis

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Perform a competitor analysis for advanced access limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in CF3 area or any other competitors across 12 key performance metrics.

advanced access limited Ownership

ADVANCED ACCESS LIMITED group structure

Advanced Access Limited has no subsidiary companies.

Ultimate parent company

ADVANCED ACCESS LIMITED

02983649

ADVANCED ACCESS LIMITED Shareholders

mr john eugene peddle 50%
mrs angela mary king 50%

advanced access limited directors

Advanced Access Limited currently has 1 director, Mr Gareth Williams serving since Oct 2024.

officercountryagestartendrole
Mr Gareth WilliamsUnited Kingdom43 years Oct 2024- Director

P&L

March 2024

turnover

6.7m

-9%

operating profit

49k

0%

gross margin

37.3%

+1.44%

turnover

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

Balance Sheet

March 2024

net assets

1.3m

+0.06%

total assets

3.4m

+0.03%

cash

981.2k

+0.32%

net assets

Total assets minus all liabilities

advanced access limited company details

company number

02983649

Type

Private limited with Share Capital

industry

80200 - Security systems service activities

incorporation date

October 1994

age

31

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

evenspark limited (January 1995)

accountant

-

auditor

-

address

unit 11 & 12 eastgate business p, wentloog avenue, cardiff, CF3 2EY

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

advanced access 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 4 charges/mortgages relating to advanced access limited. Currently there are 0 open charges and 4 have been satisfied in the past.

advanced access 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.

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advanced access limited Companies House Filings - See Documents

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