access chemicals limited Company Information
Company Number
02994804
Website
www.accesschemicals.co.ukRegistered Address
access house, hedging lane wilnecote, tamworth, staffs, B77 5EX
Industry
Manufacture of other chemical products n.e.c.
Telephone
01827289000
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
barry leslie clarke 50%
lesley irene clarke 50%
access chemicals limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS CHEMICALS LIMITED at £499.9k based on a Turnover of £1.1m and 0.45x industry multiple (adjusted for size and gross margin).
access chemicals limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS CHEMICALS LIMITED at £423.8k based on an EBITDA of £129k and a 3.29x industry multiple (adjusted for size and gross margin).
access chemicals limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS CHEMICALS LIMITED at £1.4m based on Net Assets of £692.5k and 2.06x industry multiple (adjusted for liquidity).
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Access Chemicals Limited Overview
Access Chemicals Limited is a live company located in tamworth, B77 5EX with a Companies House number of 02994804. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in November 1994, it's largest shareholder is barry leslie clarke with a 50% stake. Access Chemicals Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
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Access Chemicals Limited Health Check
Pomanda's financial health check has awarded Access Chemicals Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£21.6m)
- Access Chemicals Limited
£21.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.8%)
- Access Chemicals Limited
7.8% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (29.5%)
- Access Chemicals Limited
29.5% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (6%)
- Access Chemicals Limited
6% - Industry AVG
Employees
with 9 employees, this is below the industry average (55)
9 - Access Chemicals Limited
55 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Access Chemicals Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £123.5k, this is less efficient (£361.9k)
- Access Chemicals Limited
£361.9k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (51 days)
- Access Chemicals Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (38 days)
- Access Chemicals Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (66 days)
- Access Chemicals Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (13 weeks)
72 weeks - Access Chemicals Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (38.2%)
24.3% - Access Chemicals Limited
38.2% - Industry AVG
ACCESS CHEMICALS LIMITED financials
Access Chemicals Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £692.5 thousand. According to their latest financial statements, Access Chemicals Limited has 9 employees and maintains cash reserves of £309.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
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 | 1,167,935 | 1,026,123 | 928,536 | 976,606 | 1,009,708 | 981,574 | 967,210 | 926,062 | 951,334 | 867,475 | |||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Cost Of Sales | 808,835 | 701,903 | 622,375 | 674,358 | 695,365 | 683,347 | 669,199 | 682,484 | 720,130 | 647,501 | |||||
Gross Profit | 359,100 | 324,220 | 306,161 | 302,248 | 314,343 | 298,227 | 298,011 | 243,578 | 231,204 | 219,974 | |||||
Admin Expenses | 303,976 | 287,354 | 273,164 | 247,440 | 276,462 | 223,931 | 219,321 | 192,625 | 183,149 | 187,070 | |||||
Operating Profit | 55,124 | 36,866 | 32,997 | 54,808 | 37,881 | 74,296 | 78,690 | 50,953 | 48,055 | 32,904 | |||||
Interest Payable | 3,026 | 4,048 | 1,620 | 6,557 | 5,991 | 8,236 | 13,195 | 9,779 | 11,298 | 10,125 | |||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Pre-Tax Profit | 52,098 | 32,818 | 31,377 | 48,251 | 31,980 | 66,060 | 65,495 | 41,174 | 36,757 | 22,779 | |||||
Tax | -9,960 | -6,636 | -6,534 | -9,821 | -6,693 | -13,397 | -13,230 | -8,306 | -7,895 | -4,933 | |||||
Profit After Tax | 42,138 | 26,182 | 24,843 | 38,430 | 25,287 | 52,663 | 52,265 | 32,868 | 28,862 | 17,846 | |||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46,239 | 0 | 0 | |||||
Retained Profit | 42,138 | 26,182 | 24,843 | 38,430 | 25,287 | 52,663 | 52,265 | -13,371 | 28,862 | 17,846 | |||||
Employee Costs | |||||||||||||||
Number Of Employees | 9 | 8 | 7 | 7 | 6 | 6 | |||||||||
EBITDA* | 57,739 | 39,397 | 34,669 | 56,775 | 40,608 | 77,018 | 81,717 | 54,690 | 51,070 | 36,451 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 0 | 0 | 384,007 | 385,583 | 387,449 | 389,657 | 389,702 | 384,833 | 386,505 | 388,472 | 390,787 | 393,509 | 396,536 | 392,442 | 395,457 |
Intangible Assets | 381,358 | 382,675 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 381,358 | 382,675 | 384,007 | 385,583 | 387,449 | 389,657 | 389,702 | 384,833 | 386,505 | 388,472 | 390,787 | 393,509 | 396,536 | 392,442 | 395,457 |
Stock & work in progress | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 12,000 | 12,000 | 12,000 | 15,000 | 19,000 | 21,000 | 21,000 | 20,000 | 20,150 |
Trade Debtors | 216,286 | 304,550 | 246,249 | 236,895 | 263,261 | 267,833 | 245,039 | 231,379 | 235,919 | 230,633 | 221,332 | 210,089 | 201,416 | 210,309 | 196,825 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 3,500 | 5,352 | 5,940 | 6,189 | 3,500 | 6,821 | 4,658 | 3,111 | 3,111 | 0 |
Cash | 309,885 | 138,778 | 81,233 | 124,131 | 68,215 | 86,087 | 94,451 | 96,008 | 77,423 | 52,290 | 30,610 | 15,211 | 2,239 | 350 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 264 | 0 | 0 | 0 |
total current assets | 533,171 | 450,328 | 334,482 | 368,026 | 338,476 | 374,420 | 356,842 | 345,327 | 331,531 | 301,423 | 277,763 | 251,222 | 227,766 | 233,770 | 216,975 |
total assets | 914,529 | 833,003 | 718,489 | 753,609 | 725,925 | 764,077 | 746,544 | 730,160 | 718,036 | 689,895 | 668,550 | 644,731 | 624,302 | 626,212 | 612,432 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,497 | 11,020 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 12,000 | 10,500 | 20,115 | 11,000 | 10,254 | 0 | 3,500 | 3,300 | 22,946 | 33,744 |
Trade Creditors | 222,073 | 244,724 | 155,484 | 191,151 | 182,186 | 144,372 | 144,851 | 135,987 | 115,717 | 140,117 | 176,496 | 144,316 | 178,499 | 176,176 | 177,963 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 11,600 | 13,523 | 11,179 | 15,444 | 301 | 0 | 0 | 574 | 4,303 | 10,955 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,163 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 31,142 | 31,779 | 31,213 | 42,529 | 32,548 | 0 | 35,197 | 28,976 | 18,159 | 6,171 |
total current liabilities | 222,073 | 244,724 | 155,484 | 191,151 | 182,186 | 199,114 | 200,653 | 198,494 | 184,690 | 183,220 | 176,496 | 183,013 | 211,349 | 238,081 | 241,016 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97,977 | 124,500 | 0 | 0 | 169,252 | 172,752 | 134,559 | 146,706 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 26,831 | 62,954 | 86,020 | 0 | 0 | 136,259 | 146,925 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 26,831 | 62,954 | 86,020 | 97,977 | 124,500 | 136,259 | 146,925 | 169,252 | 172,752 | 134,559 | 146,706 |
total liabilities | 222,073 | 244,724 | 155,484 | 191,151 | 209,017 | 262,068 | 286,673 | 296,471 | 309,190 | 319,479 | 323,421 | 352,265 | 384,101 | 372,640 | 387,722 |
net assets | 692,456 | 588,279 | 563,005 | 562,458 | 516,908 | 502,009 | 459,871 | 433,689 | 408,846 | 370,416 | 345,129 | 292,466 | 240,201 | 253,572 | 224,710 |
total shareholders funds | 692,456 | 588,279 | 563,005 | 562,458 | 516,908 | 502,009 | 459,871 | 433,689 | 408,846 | 370,416 | 345,129 | 292,466 | 240,201 | 253,572 | 224,710 |
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 | 55,124 | 36,866 | 32,997 | 54,808 | 37,881 | 74,296 | 78,690 | 50,953 | 48,055 | 32,904 | |||||
Depreciation | 1,332 | 1,576 | 1,866 | 2,208 | 2,615 | 2,531 | 1,672 | 1,967 | 2,727 | 2,722 | 3,027 | 3,737 | 3,015 | 3,547 | |
Amortisation | 1,317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -9,960 | -6,636 | -6,534 | -9,821 | -6,693 | -13,397 | -13,230 | -8,306 | -7,895 | -4,933 | |||||
Stock | 0 | 0 | 0 | 0 | 0 | -5,000 | 0 | 0 | -3,000 | -4,000 | -2,000 | 0 | 1,000 | -150 | 20,150 |
Debtors | -88,264 | 58,301 | 9,354 | -26,366 | -8,072 | 20,942 | 13,072 | -4,789 | 7,975 | 5,980 | 13,406 | 10,220 | -8,893 | 16,595 | 196,825 |
Creditors | -22,651 | 89,240 | -35,667 | 8,965 | 37,814 | -479 | 8,864 | 20,270 | -24,400 | -36,379 | 32,180 | -34,183 | 2,323 | -1,787 | 177,963 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -31,142 | -637 | 566 | -11,316 | 9,981 | 32,548 | -35,197 | 6,221 | 10,817 | 11,988 | 6,171 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 30,721 | 29,119 | 41,878 | 27,560 | 28,104 | 49,198 | 30,305 | 67,417 | 36,931 | -1,323 | |||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | -12,000 | 1,500 | -9,615 | 9,115 | 746 | 10,254 | -3,500 | 200 | -19,646 | -10,798 | 33,744 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -11,600 | -1,923 | 2,344 | -4,265 | 15,143 | 301 | 0 | -574 | -3,729 | -6,652 | 10,955 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -97,977 | -26,523 | 124,500 | 0 | -169,252 | -3,500 | 38,193 | -12,147 | 146,706 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,163 | 1,163 |
other long term liabilities | 0 | 0 | 0 | -26,831 | -36,123 | -23,066 | 86,020 | 0 | -136,259 | -10,666 | 146,925 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -3,026 | -4,048 | -1,620 | -6,557 | -5,991 | -8,236 | -13,195 | -9,779 | -11,298 | -10,125 | |||||
cash flow from financing | -26,515 | -23,276 | -23,293 | -2,427 | -6,102 | -34,063 | -17,069 | 5,039 | -42,058 | 389,307 | |||||
cash and cash equivalents | |||||||||||||||
cash | 171,107 | 57,545 | -42,898 | 55,916 | -17,872 | -8,364 | -1,557 | 18,585 | 25,133 | 21,680 | 15,399 | 12,972 | 1,889 | 350 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,497 | 5,477 | 11,020 |
change in cash | 171,107 | 57,545 | -42,898 | 55,916 | -17,872 | -8,364 | -1,557 | 18,585 | 25,133 | 21,680 | 15,399 | 12,972 | 18,386 | -5,127 | -11,020 |
access chemicals limited Credit Report and Business Information
Access Chemicals Limited Competitor Analysis
Perform a competitor analysis for access chemicals limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in B77 area or any other competitors across 12 key performance metrics.
access chemicals limited Ownership
ACCESS CHEMICALS LIMITED group structure
Access Chemicals Limited has no subsidiary companies.
Ultimate parent company
ACCESS CHEMICALS LIMITED
02994804
access chemicals limited directors
Access Chemicals Limited currently has 4 directors. The longest serving directors include Mr Barry Clarke (Nov 1994) and Mrs Lesley Clarke (Nov 1994).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Barry Clarke | 76 years | Nov 1994 | - | Director | |
Mrs Lesley Clarke | 74 years | Nov 1994 | - | Director | |
Mr Richard Clarke | 48 years | Jun 1997 | - | Director | |
Mr David Clarke | 43 years | Jan 2006 | - | Director |
P&L
December 2023turnover
1.1m
-1%
operating profit
127.7k
0%
gross margin
17.4%
+5.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
692.5k
+0.18%
total assets
914.5k
+0.1%
cash
309.9k
+1.23%
net assets
Total assets minus all liabilities
access chemicals limited company details
company number
02994804
Type
Private limited with Share Capital
industry
20590 - Manufacture of other chemical products n.e.c.
incorporation date
November 1994
age
30
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
access house, hedging lane wilnecote, tamworth, staffs, B77 5EX
Bank
-
Legal Advisor
-
access chemicals 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 access chemicals limited. Currently there are 0 open charges and 4 have been satisfied in the past.
access chemicals limited Companies House Filings - See Documents
date | description | view/download |
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