accordway limited

Live MatureMicroDeclining

accordway limited Company Information

Share ACCORDWAY LIMITED

Company Number

03426363

Shareholders

accordway property holdings ltd

Group Structure

View All

Industry

Development of building projects

 

Registered Address

35 ballards lane, london, N3 1XW

Website

-

accordway limited Estimated Valuation

£77.6k

Pomanda estimates the enterprise value of ACCORDWAY LIMITED at £77.6k based on a Turnover of £162.1k and 0.48x industry multiple (adjusted for size and gross margin).

accordway limited Estimated Valuation

£818.2k

Pomanda estimates the enterprise value of ACCORDWAY LIMITED at £818.2k based on an EBITDA of £216.2k and a 3.78x industry multiple (adjusted for size and gross margin).

accordway limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of ACCORDWAY LIMITED at £3.3m based on Net Assets of £2.3m and 1.41x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Accordway Limited Overview

Accordway Limited is a live company located in london, N3 1XW with a Companies House number of 03426363. It operates in the development of building projects sector, SIC Code 41100. Founded in August 1997, it's largest shareholder is accordway property holdings ltd with a 100% stake. Accordway Limited is a mature, micro sized company, Pomanda has estimated its turnover at £162.1k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Accordway Limited Health Check

Pomanda's financial health check has awarded Accordway Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £162.1k, make it smaller than the average company (£2.2m)

£162.1k - Accordway Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (5.5%)

-24% - Accordway Limited

5.5% - Industry AVG

production

Production

with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)

26.3% - Accordway Limited

26.3% - Industry AVG

profitability

Profitability

an operating margin of 132.5% make it more profitable than the average company (7.4%)

132.5% - Accordway Limited

7.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Accordway Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)

£47.5k - Accordway Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £81k, this is less efficient (£272k)

£81k - Accordway Limited

£272k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (28 days)

1 days - Accordway Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (31 days)

18 days - Accordway Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Accordway Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - Accordway Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.5%, this is a lower level of debt than the average (73.4%)

53.5% - Accordway Limited

73.4% - Industry AVG

ACCORDWAY LIMITED financials

EXPORTms excel logo

Accordway Limited's latest turnover from January 2024 is estimated at £162.1 thousand and the company has net assets of £2.3 million. According to their latest financial statements, Accordway Limited has 2 employees and maintains cash reserves of £33 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover162,057193,986174,832364,719420,735650,034620,971797,549399,860171,39411,535,8009,946,7717,396,9725,395,0577,315,102
Other Income Or Grants
Cost Of Sales119,460143,918131,910270,685307,924466,273434,609550,000281,786122,9018,279,8897,110,0705,374,8643,934,5835,478,992
Gross Profit42,59850,06742,92294,034112,811183,760186,361247,550118,07448,4933,255,9112,836,7012,022,1081,460,4741,836,110
Admin Expenses-172,138-156,831-184,923-3,74041,880104,842258,437188,208-25,307-610,0783,103,1952,671,7641,923,0741,120,6081,190,238
Operating Profit214,736206,898227,84597,77470,93178,918-72,07659,342143,381658,571152,716164,93799,034339,866645,872
Interest Payable5763,3418,0765,178
Interest Receivable1,79694144302851,6961,1651411,2431,1862272911,09896234
Pre-Tax Profit216,532207,840227,88997,80471,21680,615-71,48756,143136,549654,578152,943165,228100,132340,828645,906
Tax-54,133-39,490-43,299-18,583-13,531-15,317-11,228-27,310-137,461-35,177-39,655-26,034-95,432-180,854
Profit After Tax162,399168,350184,59079,22157,68565,298-71,48744,914109,239517,117117,766125,57374,098245,396465,052
Dividends Paid
Retained Profit162,399168,350184,59079,22157,68565,298-71,48744,914109,239517,117117,766125,57374,098245,396465,052
Employee Costs94,92190,43088,08086,45285,84484,665125,466122,30980,84138,6111,524,2311,356,1071,125,726854,0281,062,061
Number Of Employees22222233214138322530
EBITDA*216,197208,724230,127100,62674,49783,236-67,07365,595151,196665,119153,832166,332100,778341,058654,337

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets5,8417,3029,12811,41014,26217,82820,01025,01331,26626,1944,770,9884,502,6063,438,5792,456,0122,024,710
Intangible Assets
Investments & Other4,783,0384,783,0384,783,0384,783,0384,663,0384,663,0384,663,0383,136,2223,136,2223,564,736
Debtors (Due After 1 year)
Total Fixed Assets4,788,8794,790,3404,792,1664,794,4484,677,3004,680,8664,683,0483,161,2353,167,4883,590,9304,770,9884,502,6063,438,5792,456,0122,024,710
Stock & work in progress
Trade Debtors6186,6644,1292,48849,04759,33848,88258,59753,29013,7062,5681,025210,493244,359545,374
Group Debtors1,0841,084
Misc Debtors218,653144,3478,95064,332127,8384,5977201,254498
Cash33,01035,40318,37416,97742,10733,944418,44647,52265,472431,87842,43848,21668,047371,19813,409
misc current assets
total current assets253,365187,49831,45383,797218,99297,879468,048107,373118,762446,08245,00649,241278,540615,557558,783
total assets5,042,2444,977,8384,823,6194,878,2454,896,2924,778,7455,151,0963,268,6083,286,2504,037,0124,815,9944,551,8473,717,1193,071,5692,583,493
Bank overdraft17,72172,60872,608
Bank loan
Trade Creditors 6,0359,5545,02073,88312,7575,35019,4203,039,1612,716,1301,712,8371,052,9161,010,129
Group/Directors Accounts984,220984,220984,220984,220984,220984,220984,220884,220884,700884,700
other short term finances
hp & lease commitments
other current liabilities1,645,6691,601,5461,501,6791,543,7942,100,5982,052,8152,487,668614,569597,8991,335,287
total current liabilities2,635,9242,595,3202,490,9192,601,8973,097,5753,037,0353,471,8881,516,5101,560,5572,312,0153,039,1612,716,1301,712,8371,052,9161,010,129
loans16,56886,711
hp & lease commitments
Accruals and Deferred Income
other liabilities61,009199,606318,138398,952195,606371,810666,034754,942419,080
provisions47,42447,96648,64451,44052,84354,78493,1848941,3401,254815167
total long term liabilities61,009199,606318,138446,37647,96648,64451,44052,84371,352179,895196,500373,150667,288755,757419,247
total liabilities2,696,9332,794,9262,809,0573,048,2733,145,5413,085,6793,523,3281,569,3531,631,9092,491,9103,235,6613,089,2802,380,1251,808,6731,429,376
net assets2,345,3112,182,9122,014,5621,829,9721,750,7511,693,0661,627,7681,699,2551,654,3411,545,1021,580,3331,462,5671,336,9941,262,8961,154,117
total shareholders funds2,345,3112,182,9122,014,5621,829,9721,750,7511,693,0661,627,7681,699,2551,654,3411,545,1021,580,3331,462,5671,336,9941,262,8961,154,117
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit214,736206,898227,84597,77470,93178,918-72,07659,342143,381658,571152,716164,93799,034339,866645,872
Depreciation1,4611,8262,2822,8523,5664,3185,0036,2537,8156,5481,1161,3951,7441,1928,465
Amortisation
Tax-54,133-39,490-43,299-18,583-13,531-15,317-11,228-27,310-137,461-35,177-39,655-26,034-95,432-180,854
Stock
Debtors68,260139,016-53,741-110,065112,95014,333-10,2496,56139,08611,6361,543-209,468-33,866-301,015545,374
Creditors-3,5194,534-68,86361,12612,757-5,350-14,070-3,019,741323,0311,003,293659,92142,7871,010,129
Accruals and Deferred Income44,12399,867-42,115-556,80447,783-434,8531,873,09916,670-737,3881,335,287
Deferred Taxes & Provisions-47,424-542-678-2,796-1,403-1,941-38,40092,290-44686439648167
Cash flow from operations134,408134,61982,167-304,1127,878-384,0631,814,87257,185-705,058-1,076,142439,6971,339,524768,970590,076938,405
Investing Activities
capital expenditure-2,136-12,8874,738,246-269,498-1,065,422-984,311-432,494-2,033,175
Change in Investments120,0001,526,816-428,5143,564,736
cash flow from investments-120,000-2,136-1,526,816415,6271,173,510-269,498-1,065,422-984,311-432,494-2,033,175
Financing Activities
Bank loans
Group/Directors Accounts100,000-480884,700
Other Short Term Loans
Long term loans-16,568-70,14386,711
Hire Purchase and Lease Commitments
other long term liabilities-138,597-118,532-80,814398,952-195,606-176,204-294,224-88,908335,862419,080
share issue-552,348-136,617689,065
interest1,79694144302851,696589-3,200-6,833-3,9922272911,09896234
cash flow from financing-136,801-117,591-80,770398,9822851,696100,589-20,248-76,976219,465-175,977-293,933-87,810200,2071,108,179
cash and cash equivalents
cash-2,39317,0291,397-25,1308,163-384,502370,924-17,950-366,406389,440-5,778-19,831-303,151357,78913,409
overdraft-17,721-54,88772,608
change in cash-2,39317,0291,397-25,1308,163-384,502388,64536,937-366,406316,832-5,778-19,831-303,151357,78913,409

accordway limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for accordway limited. Get real-time insights into accordway limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Accordway Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for accordway limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

accordway limited Ownership

ACCORDWAY LIMITED group structure

Accordway Limited has no subsidiary companies.

Ultimate parent company

1 parent

ACCORDWAY LIMITED

03426363

ACCORDWAY LIMITED Shareholders

accordway property holdings ltd 100%

accordway limited directors

Accordway Limited currently has 2 directors. The longest serving directors include Mr Roy Coffer (Sep 1997) and Mrs Joy Coffer (Jun 2003).

officercountryagestartendrole
Mr Roy CofferUnited Kingdom72 years Sep 1997- Director
Mrs Joy Coffer69 years Jun 2003- Director

P&L

January 2024

turnover

162.1k

-16%

operating profit

214.7k

0%

gross margin

26.3%

+1.84%

turnover

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

Balance Sheet

January 2024

net assets

2.3m

+0.07%

total assets

5m

+0.01%

cash

33k

-0.07%

net assets

Total assets minus all liabilities

accordway limited company details

company number

03426363

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

August 1997

age

28

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

accordway 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 7 charges/mortgages relating to accordway limited. Currently there are 5 open charges and 2 have been satisfied in the past.

accordway 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 ACCORDWAY LIMITED. This can take several minutes, an email will notify you when this has completed.

accordway limited Companies House Filings - See Documents

datedescriptionview/download