abi acquisition 2 limited
abi acquisition 2 limited Company Information
Company Number
03011776
Next Accounts
192 days late
Shareholders
abi acquisition 1 ltd
honeywell group holding uk
Group Structure
View All
Industry
Activities of head offices
Registered Address
honeywell house, skimped hill lane, bracknell, berks, RG12 1EB
Website
-abi acquisition 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ABI ACQUISITION 2 LIMITED at £0 based on a Turnover of £0 and 0.49x industry multiple (adjusted for size and gross margin).
abi acquisition 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ABI ACQUISITION 2 LIMITED at £0 based on an EBITDA of £0 and a 3.89x industry multiple (adjusted for size and gross margin).
abi acquisition 2 limited Estimated Valuation
Pomanda estimates the enterprise value of ABI ACQUISITION 2 LIMITED at £0 based on Net Assets of £-27.3m and 2.11x industry multiple (adjusted for liquidity).
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Abi Acquisition 2 Limited Overview
Abi Acquisition 2 Limited is a live company located in bracknell, RG12 1EB with a Companies House number of 03011776. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 1995, it's largest shareholder is abi acquisition 1 ltd with a 100% stake. Abi Acquisition 2 Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Abi Acquisition 2 Limited Health Check
There is insufficient data available to calculate a health check for Abi Acquisition 2 Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (109)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
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- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2174.1%, this is a higher level of debt than the average (57.1%)
- - Abi Acquisition 2 Limited
- - Industry AVG
ABI ACQUISITION 2 LIMITED financials
Abi Acquisition 2 Limited's latest turnover from December 2022 is 0 and the company has net assets of -£27.3 million. According to their latest financial statements, we estimate that Abi Acquisition 2 Limited has 1 employee and maintains cash reserves of £59 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 594,000 | |||||||||||||
| Interest Payable | 215,000 | 102,000 | 118,000 | 156,000 | 140,000 | 125,000 | 188,000 | 197,000 | 194,000 | 191,000 | 189,000 | 187,000 | 183,000 | 209,000 |
| Interest Receivable | 31,000 | 14,000 | 13,000 | 22,000 | 20,000 | 31,000 | 84,000 | 88,000 | 88,000 | 86,000 | 85,000 | 83,000 | 82,000 | 2,167,000 |
| Pre-Tax Profit | -184,000 | -88,000 | -105,000 | -134,000 | -120,000 | -94,000 | -104,000 | -109,000 | -106,000 | -105,000 | -104,000 | 5,427,000 | -183,000 | 1,251,000 |
| Tax | ||||||||||||||
| Profit After Tax | -184,000 | -88,000 | -105,000 | -134,000 | -120,000 | -94,000 | -104,000 | -109,000 | -106,000 | -105,000 | -104,000 | 5,427,000 | -183,000 | 1,251,000 |
| Dividends Paid | ||||||||||||||
| Retained Profit | -184,000 | -88,000 | -105,000 | -134,000 | -120,000 | -94,000 | -104,000 | -109,000 | -106,000 | -105,000 | -104,000 | 5,427,000 | -183,000 | 1,251,000 |
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 4 | 4 | 4 | ||||||||||
| EBITDA* | 594,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 5,699,000 | 5,614,000 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 5,699,000 | 5,614,000 | ||||||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | ||||||||||||||
| Group Debtors | 1,258,000 | 1,226,000 | 1,213,000 | 1,259,000 | 1,237,000 | 1,217,000 | 6,045,000 | 5,961,000 | 5,873,000 | 5,785,000 | ||||
| Misc Debtors | ||||||||||||||
| Cash | 59,000 | 59,000 | 59,000 | |||||||||||
| misc current assets | ||||||||||||||
| total current assets | 1,317,000 | 1,285,000 | 1,272,000 | 1,259,000 | 1,237,000 | 1,217,000 | 6,045,000 | 5,961,000 | 5,873,000 | 5,785,000 | ||||
| total assets | 1,317,000 | 1,285,000 | 1,272,000 | 1,259,000 | 1,237,000 | 1,217,000 | 6,045,000 | 5,961,000 | 5,873,000 | 5,785,000 | 5,699,000 | 5,614,000 | ||
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | ||||||||||||||
| Group/Directors Accounts | 28,633,000 | 28,417,000 | 28,316,000 | 28,198,000 | 28,042,000 | 27,902,000 | 32,636,000 | 32,448,000 | 32,251,000 | 32,057,000 | 31,866,000 | 31,677,000 | 31,490,000 | 31,307,000 |
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | ||||||||||||||
| total current liabilities | 28,633,000 | 28,417,000 | 28,316,000 | 28,198,000 | 28,042,000 | 27,902,000 | 32,636,000 | 32,448,000 | 32,251,000 | 32,057,000 | 31,866,000 | 31,677,000 | 31,490,000 | 31,307,000 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 28,633,000 | 28,417,000 | 28,316,000 | 28,198,000 | 28,042,000 | 27,902,000 | 32,636,000 | 32,448,000 | 32,251,000 | 32,057,000 | 31,866,000 | 31,677,000 | 31,490,000 | 31,307,000 |
| net assets | -27,316,000 | -27,132,000 | -27,044,000 | -26,939,000 | -26,805,000 | -26,685,000 | -26,591,000 | -26,487,000 | -26,378,000 | -26,272,000 | -26,167,000 | -26,063,000 | -31,490,000 | -31,307,000 |
| total shareholders funds | -27,316,000 | -27,132,000 | -27,044,000 | -26,939,000 | -26,805,000 | -26,685,000 | -26,591,000 | -26,487,000 | -26,378,000 | -26,272,000 | -26,167,000 | -26,063,000 | -31,490,000 | -31,307,000 |
| 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 | 594,000 | |||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 32,000 | 13,000 | -46,000 | 22,000 | 20,000 | -4,828,000 | 84,000 | 88,000 | 88,000 | 5,785,000 | ||||
| Creditors | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -32,000 | -13,000 | 46,000 | -22,000 | -20,000 | 4,828,000 | -84,000 | -88,000 | -88,000 | -5,785,000 | 594,000 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -5,699,000 | 85,000 | 5,614,000 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 216,000 | 101,000 | 118,000 | 156,000 | 140,000 | -4,734,000 | 188,000 | 197,000 | 194,000 | 191,000 | 189,000 | 187,000 | 183,000 | 31,307,000 |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -184,000 | -88,000 | -105,000 | -134,000 | -120,000 | -94,000 | -104,000 | -109,000 | -106,000 | -105,000 | -104,000 | -104,000 | -101,000 | 1,958,000 |
| cash flow from financing | 32,000 | 13,000 | 13,000 | 22,000 | 20,000 | -4,828,000 | 84,000 | 88,000 | 88,000 | 86,000 | 85,000 | 83,000 | 82,000 | 707,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 59,000 | |||||||||||||
| overdraft | ||||||||||||||
| change in cash | 59,000 |
abi acquisition 2 limited Credit Report and Business Information
Abi Acquisition 2 Limited Competitor Analysis
Perform a competitor analysis for abi acquisition 2 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mature companies, companies in RG12 area or any other competitors across 12 key performance metrics.
abi acquisition 2 limited Ownership
ABI ACQUISITION 2 LIMITED group structure
Abi Acquisition 2 Limited has 1 subsidiary company.
Ultimate parent company
HONEYWELL INTERNATIONAL INC
#0030355
2 parents
ABI ACQUISITION 2 LIMITED
03011776
1 subsidiary
abi acquisition 2 limited directors
Abi Acquisition 2 Limited currently has 3 directors. The longest serving directors include Mr Ronan Clifford (Oct 2019) and Mr Ronan Clifford (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronan Clifford | 44 years | Oct 2019 | - | Director | |
| Mr Ronan Clifford | England | 44 years | Oct 2019 | - | Director |
| Mr George James | England | 35 years | Nov 2023 | - | Director |
P&L
December 2022turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-27.3m
+0.01%
total assets
1.3m
+0.02%
cash
59k
0%
net assets
Total assets minus all liabilities
abi acquisition 2 limited company details
company number
03011776
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 1995
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
abi acquisition 2 plc (May 2003)
risemove public limited company (June 1995)
accountant
-
auditor
DELOITTE LLP
address
honeywell house, skimped hill lane, bracknell, berks, RG12 1EB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
abi acquisition 2 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 abi acquisition 2 limited. Currently there are 0 open charges and 1 have been satisfied in the past.
abi acquisition 2 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 ABI ACQUISITION 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
abi acquisition 2 limited Companies House Filings - See Documents
| date | description | view/download |
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