abc garratt lane limited
abc garratt lane limited Company Information
Company Number
03378638
Next Accounts
Jan 2025
Industry
Other personal service activities n.e.c.
Shareholders
abc self storage ltd
Group Structure
View All
Contact
Registered Address
the silverworks, 67-71 northwood street, birmingham, west midlands, B3 1TX
Website
www.abcselfstore.co.ukabc garratt lane limited Estimated Valuation
Pomanda estimates the enterprise value of ABC GARRATT LANE LIMITED at £547.7k based on a Turnover of £1m and 0.54x industry multiple (adjusted for size and gross margin).
abc garratt lane limited Estimated Valuation
Pomanda estimates the enterprise value of ABC GARRATT LANE LIMITED at £5.6m based on an EBITDA of £1.7m and a 3.18x industry multiple (adjusted for size and gross margin).
abc garratt lane limited Estimated Valuation
Pomanda estimates the enterprise value of ABC GARRATT LANE LIMITED at £2.3m based on Net Assets of £1m and 2.27x industry multiple (adjusted for liquidity).
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Abc Garratt Lane Limited Overview
Abc Garratt Lane Limited is a dissolved company that was located in birmingham, B3 1TX with a Companies House number of 03378638. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 1997, it's largest shareholder was abc self storage ltd with a 100% stake. The last turnover for Abc Garratt Lane Limited was estimated at £1m.
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Abc Garratt Lane Limited Health Check
Pomanda's financial health check has awarded Abc Garratt Lane 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
5 Strong
3 Regular
3 Weak
Size
annual sales of £1m, make it in line with the average company (£897k)
- Abc Garratt Lane Limited
£897k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (4.1%)
- Abc Garratt Lane Limited
4.1% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (39.4%)
- Abc Garratt Lane Limited
39.4% - Industry AVG
Profitability
an operating margin of 167.4% make it more profitable than the average company (6.2%)
- Abc Garratt Lane Limited
6.2% - Industry AVG
Employees
with 7 employees, this is below the industry average (16)
7 - Abc Garratt Lane Limited
16 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Abc Garratt Lane Limited
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £145k, this is more efficient (£84.5k)
- Abc Garratt Lane Limited
£84.5k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (31 days)
- Abc Garratt Lane Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 436 days, this is slower than average (39 days)
- Abc Garratt Lane Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abc Garratt Lane Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 98 weeks, this is more cash available to meet short term requirements (36 weeks)
98 weeks - Abc Garratt Lane Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.7%, this is a similar level of debt than the average (48.8%)
48.7% - Abc Garratt Lane Limited
48.8% - Industry AVG
ABC GARRATT LANE LIMITED financials
Abc Garratt Lane Limited's latest turnover from December 2018 is estimated at £1 million and the company has net assets of £1 million. According to their latest financial statements, Abc Garratt Lane Limited has 7 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 757,990 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 0 | |||||||||
| Gross Profit | 757,990 | |||||||||
| Admin Expenses | 847,728 | |||||||||
| Operating Profit | -89,738 | |||||||||
| Interest Payable | 0 | |||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | -89,738 | |||||||||
| Tax | 16,511 | |||||||||
| Profit After Tax | -73,227 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | -73,227 | |||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 7 | 6 | 6 | 7 | ||||||
| EBITDA* | -27,811 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 61,947 | 114,002 | 198,994 | 238,419 | 225,664 | 278,770 | 331,475 | 384,861 | 440,021 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 61,947 | 114,002 | 198,994 | 238,419 | 225,664 | 278,770 | 331,475 | 384,861 | 440,021 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 150,044 | 83,021 | 91,376 | 124,328 | 92,942 | 63,791 | 119,129 | 110,287 | 112,001 | 90,636 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 37,645 | 35,612 | 0 | 0 | 0 |
| Cash | 1,863,671 | 106,586 | 212,545 | 208,877 | 204,688 | 256,815 | 200 | 37,977 | 85 | 85 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,013,715 | 189,607 | 303,921 | 333,205 | 297,630 | 358,251 | 154,941 | 148,264 | 112,086 | 90,721 |
| total assets | 2,013,715 | 251,554 | 417,923 | 532,199 | 536,049 | 583,915 | 433,711 | 479,739 | 496,947 | 530,742 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 15,454 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 981,392 | 346,807 | 507,359 | 607,989 | 515,727 | 41,399 | 42,082 | 1,084,759 | 1,099,940 | 1,215,104 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 200,000 | 600,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 290,095 | 246,754 | 0 | 0 | 0 |
| total current liabilities | 981,392 | 346,807 | 507,359 | 607,989 | 515,727 | 531,494 | 904,290 | 1,084,759 | 1,099,940 | 1,215,104 |
| loans | 0 | 0 | 0 | 0 | 435,218 | 500,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 253,362 | 302,433 | 349,508 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,761 | 7,664 | 10,741 | 17,446 | 10,869 | 10,869 | 0 | 15,991 | 926 |
| total long term liabilities | 0 | 255,123 | 310,097 | 360,249 | 452,664 | 510,869 | 10,869 | 0 | 15,991 | 926 |
| total liabilities | 981,392 | 601,930 | 817,456 | 968,238 | 968,391 | 1,042,363 | 915,159 | 1,084,759 | 1,115,931 | 1,216,030 |
| net assets | 1,032,323 | -350,376 | -399,533 | -436,039 | -432,342 | -458,448 | -481,448 | -605,020 | -618,984 | -685,288 |
| total shareholders funds | 1,032,323 | -350,376 | -399,533 | -436,039 | -432,342 | -458,448 | -481,448 | -605,020 | -618,984 | -685,288 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -89,738 | |||||||||
| Depreciation | 48,471 | 56,186 | 89,672 | 89,877 | 52,478 | 56,880 | 58,414 | 59,513 | 61,306 | 61,927 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 16,511 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 67,023 | -8,355 | -32,952 | 31,386 | -8,494 | -53,305 | 44,454 | -1,714 | 21,365 | 90,636 |
| Creditors | 634,585 | -160,552 | -100,630 | 92,262 | 474,328 | -683 | -1,042,677 | -15,181 | -115,164 | 1,215,104 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -290,095 | 43,341 | 246,754 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,761 | -5,903 | -3,077 | -6,705 | 6,577 | 0 | 10,869 | -15,991 | 15,065 | 926 |
| Cash flow from operations | 1,114,094 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -200,000 | -400,000 | 600,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -435,218 | -64,782 | 500,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -253,362 | -49,071 | -47,075 | 349,508 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 1,757,085 | -105,959 | 3,668 | 4,189 | -52,127 | 256,615 | -37,777 | 37,892 | 0 | 85 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -15,454 | 15,454 | 0 | 0 | 0 |
| change in cash | 1,757,085 | -105,959 | 3,668 | 4,189 | -52,127 | 272,069 | -53,231 | 37,892 | 0 | 85 |
abc garratt lane limited Credit Report and Business Information
Abc Garratt Lane Limited Competitor Analysis
Perform a competitor analysis for abc garratt lane limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
abc garratt lane limited Ownership
ABC GARRATT LANE LIMITED group structure
Abc Garratt Lane Limited has no subsidiary companies.
Ultimate parent company
AYNSGARTH LTD
#0036216
ABC SELF STORAGE LTD
#0102231
2 parents
ABC GARRATT LANE LIMITED
03378638
abc garratt lane limited directors
Abc Garratt Lane Limited currently has 2 directors. The longest serving directors include Mr John Milton (May 1997) and Mr David Milton (May 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Milton | 61 years | May 1997 | - | Director | |
| Mr David Milton | 59 years | May 1997 | - | Director |
P&L
December 2018turnover
1m
+115%
operating profit
1.7m
0%
gross margin
19.1%
-3.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
1m
-3.95%
total assets
2m
+7.01%
cash
1.9m
+16.49%
net assets
Total assets minus all liabilities
abc garratt lane limited company details
company number
03378638
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 1997
age
28
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2018
previous names
abc garrett lane limited (June 1997)
accountant
-
auditor
-
address
the silverworks, 67-71 northwood street, birmingham, west midlands, B3 1TX
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
abc garratt lane 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 did not find charges/mortgages relating to abc garratt lane limited.
abc garratt lane 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 ABC GARRATT LANE LIMITED. This can take several minutes, an email will notify you when this has completed.
abc garratt lane limited Companies House Filings - See Documents
| date | description | view/download |
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