abri group limited
abri group limited Company Information
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
collins house, bishopstoke road, eastleigh, hampshire, SO50 6AD
Website
-abri group limited Estimated Valuation
Pomanda estimates the enterprise value of ABRI GROUP LIMITED at £2.5b based on a Turnover of £223.4m and 11.29x industry multiple (adjusted for size and gross margin).
abri group limited Estimated Valuation
Pomanda estimates the enterprise value of ABRI GROUP LIMITED at £1.7b based on an EBITDA of £85.7m and a 19.61x industry multiple (adjusted for size and gross margin).
abri group limited Estimated Valuation
Pomanda estimates the enterprise value of ABRI GROUP LIMITED at £1.8b based on Net Assets of £1b and 1.79x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Abri Group Limited Overview
Abri Group Limited is a converted/closed company that was located in eastleigh, SO50 6AD with a Companies House number of 03482228. It operated in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in December 1997, it's largest shareholder was unknown. The last turnover for Abri Group Limited was estimated at £223.4m.
Upgrade for unlimited company reports & a free credit check
Abri Group Limited Health Check
Pomanda's financial health check has awarded Abri Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £223.4m, make it larger than the average company (£1.4m)
£223.4m - Abri Group Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (2.7%)
18% - Abri Group Limited
2.7% - Industry AVG
Production
with a gross margin of 88.4%, this company has a lower cost of product (72.3%)
88.4% - Abri Group Limited
72.3% - Industry AVG
Profitability
an operating margin of 26.6% make it more profitable than the average company (21.4%)
26.6% - Abri Group Limited
21.4% - Industry AVG
Employees
with 1225 employees, this is above the industry average (8)
1225 - Abri Group Limited
8 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has a higher pay structure (£31.4k)
£42.7k - Abri Group Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £182.3k, this is more efficient (£135.2k)
£182.3k - Abri Group Limited
£135.2k - Industry AVG
Debtor Days
it gets paid by customers after 163 days, this is later than average (16 days)
163 days - Abri Group Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 382 days, this is slower than average (38 days)
382 days - Abri Group Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (85 days)
19 days - Abri Group Limited
85 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 99 weeks, this is more cash available to meet short term requirements (25 weeks)
99 weeks - Abri Group Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57%, this is a similar level of debt than the average (62.9%)
57% - Abri Group Limited
62.9% - Industry AVG
ABRI GROUP LIMITED financials
Abri Group Limited's latest turnover from March 2020 is £223.4 million and the company has net assets of £1 billion. According to their latest financial statements, Abri Group Limited has 1,225 employees and maintains cash reserves of £237.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 223,368,000 | 231,643,000 | 161,676,000 | 137,270,000 | 143,160,000 | 141,142,000 | 131,477,000 | 122,331,000 | 110,045,000 | 104,507,000 | 102,774,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 25,905,000 | 33,713,000 | 25,023,000 | 6,260,000 | 4,586,000 | 5,480,000 | 8,923,000 | 42,281,000 | 5,613,000 | 3,998,000 | 5,852,000 |
| Gross Profit | 197,463,000 | 197,930,000 | 136,653,000 | 131,010,000 | 138,574,000 | 135,662,000 | 122,554,000 | 80,050,000 | 104,432,000 | 100,509,000 | 96,922,000 |
| Admin Expenses | 138,062,000 | 112,342,000 | 72,750,000 | 71,431,000 | 90,745,000 | 98,239,000 | 88,948,000 | 45,385,000 | 80,114,000 | 72,323,000 | 70,635,000 |
| Operating Profit | 59,401,000 | 85,588,000 | 63,903,000 | 59,579,000 | 47,829,000 | 37,423,000 | 33,606,000 | 34,665,000 | 24,318,000 | 28,186,000 | 26,287,000 |
| Interest Payable | 42,638,000 | 40,864,000 | 31,692,000 | 28,563,000 | 29,690,000 | 26,724,000 | 27,773,000 | 24,095,000 | 20,744,000 | 20,853,000 | 20,103,000 |
| Interest Receivable | 4,211,000 | 3,126,000 | 2,040,000 | 1,349,000 | 2,165,000 | 3,475,000 | 4,293,000 | 1,783,000 | 1,353,000 | 1,626,000 | 793,000 |
| Pre-Tax Profit | 20,622,000 | 47,344,000 | 35,475,000 | 34,677,000 | 21,568,000 | 12,512,000 | 11,482,000 | 14,145,000 | 6,119,000 | 10,238,000 | 8,456,000 |
| Tax | 799,000 | -272,000 | 121,000 | -91,000 | 803,000 | -72,000 | -70,000 | 306,000 | 6,679,000 | -277,000 | 121,000 |
| Profit After Tax | 21,421,000 | 47,072,000 | 35,596,000 | 34,586,000 | 22,371,000 | 12,440,000 | 11,412,000 | 14,451,000 | 12,798,000 | 9,961,000 | 8,577,000 |
| Dividends Paid | |||||||||||
| Retained Profit | 21,421,000 | 47,072,000 | 35,596,000 | 34,586,000 | 22,371,000 | 12,440,000 | 11,412,000 | 14,451,000 | 12,798,000 | 9,961,000 | 8,577,000 |
| Employee Costs | 52,289,000 | 44,963,000 | 31,784,000 | 33,573,000 | 42,613,000 | 43,926,000 | 41,201,000 | 39,117,000 | 34,884,000 | 29,671,000 | 30,027,000 |
| Number Of Employees | 1,225 | 1,147 | 749 | 863 | 1,074 | 1,166 | 1,092 | 1,083 | 1,196 | 952 | 945 |
| EBITDA* | 85,746,000 | 115,680,000 | 80,565,000 | 79,513,000 | 68,919,000 | 59,248,000 | 45,440,000 | 47,006,000 | 35,063,000 | 38,178,000 | 31,599,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 17,473,000 | 16,733,000 | 1,243,291,000 | 1,189,317,000 | 1,151,042,000 | 1,143,303,000 | 685,803,000 | 645,325,000 | 598,194,000 | 561,130,000 | 539,126,000 |
| Intangible Assets | 416,000 | 219,000 | |||||||||
| Investments & Other | 2,011,768,000 | 1,903,038,000 | 116,127,000 | 95,049,000 | 84,066,000 | 13,246,000 | 27,732,000 | 29,133,000 | 29,638,000 | 31,752,000 | |
| Debtors (Due After 1 year) | 1,789,000 | 1,622,000 | 1,502,000 | ||||||||
| Total Fixed Assets | 2,029,657,000 | 1,919,990,000 | 1,361,207,000 | 1,285,988,000 | 1,236,610,000 | 1,156,549,000 | 713,535,000 | 674,458,000 | 627,832,000 | 592,882,000 | 539,126,000 |
| Stock & work in progress | 1,401,000 | 916,000 | 395,000 | 362,000 | 304,000 | 295,000 | 207,000 | 140,000 | 171,000 | 143,000 | 215,000 |
| Trade Debtors | 100,083,000 | 1,237,000 | 1,920,000 | 1,832,000 | 4,694,000 | 2,582,000 | 22,130,000 | 19,438,000 | 14,649,000 | 3,856,000 | 4,282,000 |
| Group Debtors | |||||||||||
| Misc Debtors | 65,938,000 | 12,097,000 | 93,359,000 | 5,749,000 | 16,623,000 | 1,615,000 | 8,062,000 | 7,356,000 | |||
| Cash | 237,467,000 | 213,955,000 | 185,481,000 | 75,134,000 | 53,855,000 | 55,769,000 | 33,803,000 | 37,870,000 | 65,615,000 | 17,542,000 | 35,655,000 |
| misc current assets | 30,205,000 | 33,343,000 | 17,647,000 | 15,395,000 | 10,111,000 | 19,806,000 | 42,677,000 | 40,115,000 | 48,179,000 | 16,204,000 | 10,726,000 |
| total current assets | 369,156,000 | 315,389,000 | 217,540,000 | 186,082,000 | 74,713,000 | 95,075,000 | 100,432,000 | 97,563,000 | 128,614,000 | 45,807,000 | 58,234,000 |
| total assets | 2,398,813,000 | 2,235,379,000 | 1,578,747,000 | 1,472,070,000 | 1,311,323,000 | 1,251,624,000 | 813,967,000 | 772,021,000 | 756,446,000 | 638,689,000 | 597,360,000 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 27,155,000 | 5,469,000 | 8,946,000 | 14,898,000 | 9,926,000 | 8,929,000 | 7,104,000 | 6,025,000 | 4,587,000 | 9,964,000 | 2,308,000 |
| Group/Directors Accounts | |||||||||||
| other short term finances | 51,694,000 | 13,605,000 | 12,400,000 | 7,299,000 | 16,312,000 | 6,270,000 | 4,478,000 | 6,342,000 | 4,339,000 | 1,823,000 | 1,980,000 |
| hp & lease commitments | 67,000 | 67,000 | |||||||||
| other current liabilities | 45,258,000 | 39,225,000 | 22,391,000 | 25,970,000 | 24,318,000 | 29,967,000 | 28,292,000 | 29,555,000 | 13,798,000 | 11,183,000 | 28,491,000 |
| total current liabilities | 124,107,000 | 58,299,000 | 43,737,000 | 48,167,000 | 50,623,000 | 45,233,000 | 39,874,000 | 41,922,000 | 22,724,000 | 22,970,000 | 32,779,000 |
| loans | 1,152,563,000 | 1,080,753,000 | 818,402,000 | 765,151,000 | 607,801,000 | 623,688,000 | 621,995,000 | 594,305,000 | 613,197,000 | 495,797,000 | 462,948,000 |
| hp & lease commitments | 1,666,000 | 1,726,000 | |||||||||
| Accruals and Deferred Income | 262,000 | 256,000 | 241,000 | 228,000 | 184,000 | 196,000 | |||||
| other liabilities | 42,556,000 | 43,513,000 | 53,478,000 | 39,733,000 | 49,046,000 | 417,338,000 | 10,859,000 | 2,841,000 | 2,691,000 | 7,899,000 | 14,662,000 |
| provisions | 880,000 | 602,000 | 723,000 | 632,000 | 1,399,000 | 7,290,000 | 75,000 | ||||
| total long term liabilities | 1,242,351,000 | 1,192,398,000 | 904,217,000 | 834,617,000 | 682,295,000 | 1,075,673,000 | 656,136,000 | 621,669,000 | 624,027,000 | 516,758,000 | 486,724,000 |
| total liabilities | 1,366,458,000 | 1,250,697,000 | 947,954,000 | 882,784,000 | 732,918,000 | 1,120,906,000 | 696,010,000 | 663,591,000 | 646,751,000 | 539,728,000 | 519,503,000 |
| net assets | 1,032,355,000 | 984,682,000 | 630,793,000 | 589,286,000 | 578,405,000 | 130,718,000 | 117,957,000 | 108,430,000 | 109,695,000 | 98,961,000 | 77,857,000 |
| total shareholders funds | 1,032,355,000 | 984,682,000 | 630,793,000 | 589,286,000 | 578,405,000 | 130,718,000 | 117,957,000 | 108,430,000 | 109,695,000 | 98,961,000 | 77,857,000 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 59,401,000 | 85,588,000 | 63,903,000 | 59,579,000 | 47,829,000 | 37,423,000 | 33,606,000 | 34,665,000 | 24,318,000 | 28,186,000 | 26,287,000 |
| Depreciation | 26,277,000 | 25,230,000 | 16,662,000 | 15,471,000 | 16,998,000 | 17,528,000 | 11,834,000 | 12,341,000 | 10,745,000 | 9,992,000 | 5,312,000 |
| Amortisation | 68,000 | 4,862,000 | 4,463,000 | 4,092,000 | 4,297,000 | ||||||
| Tax | 799,000 | -272,000 | 121,000 | -91,000 | 803,000 | -72,000 | -70,000 | 306,000 | 6,679,000 | -277,000 | 121,000 |
| Stock | 485,000 | 521,000 | 33,000 | 58,000 | 9,000 | 88,000 | 67,000 | -31,000 | 28,000 | -72,000 | 215,000 |
| Debtors | 32,908,000 | 51,369,000 | -81,007,000 | 84,868,000 | -7,260,000 | -4,540,000 | 4,307,000 | 4,789,000 | 2,731,000 | 280,000 | 11,638,000 |
| Creditors | 21,686,000 | -3,477,000 | -5,952,000 | 4,972,000 | 997,000 | 1,825,000 | 1,079,000 | 1,438,000 | -5,377,000 | 7,656,000 | 2,308,000 |
| Accruals and Deferred Income | 6,033,000 | 16,834,000 | -3,579,000 | 1,652,000 | -5,911,000 | 1,681,000 | -1,248,000 | 15,770,000 | 2,659,000 | -17,320,000 | 28,687,000 |
| Deferred Taxes & Provisions | -880,000 | 278,000 | -121,000 | 91,000 | -767,000 | 1,399,000 | -7,290,000 | 7,215,000 | 75,000 | ||
| Cash flow from operations | 79,991,000 | 77,153,000 | 152,008,000 | 1,211,000 | 71,292,000 | 68,533,000 | 40,827,000 | 59,762,000 | 28,975,000 | 35,244,000 | 50,937,000 |
| Investing Activities | |||||||||||
| capital expenditure | -130,329,000 | -80,892,000 | -96,685,000 | -722,000 | -57,121,000 | -35,117,000 | -45,101,000 | -55,417,000 | -56,921,000 | -55,752,000 | -37,715,000 |
| Change in Investments | 108,730,000 | 1,786,911,000 | 21,078,000 | 10,983,000 | 70,820,000 | -14,486,000 | -1,401,000 | -505,000 | -2,114,000 | 31,752,000 | |
| cash flow from investments | -239,059,000 | -1,867,803,000 | -117,763,000 | -11,705,000 | -127,941,000 | -20,631,000 | -43,700,000 | -54,912,000 | -54,807,000 | -87,504,000 | -37,715,000 |
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | 38,089,000 | 1,205,000 | 5,101,000 | -9,013,000 | 10,042,000 | 1,792,000 | -1,864,000 | 2,003,000 | 2,516,000 | -157,000 | 1,980,000 |
| Long term loans | 71,810,000 | 262,351,000 | 53,251,000 | 157,350,000 | -15,887,000 | 1,693,000 | 27,690,000 | -18,892,000 | 117,400,000 | 32,849,000 | 462,948,000 |
| Hire Purchase and Lease Commitments | -1,733,000 | -60,000 | 1,793,000 | ||||||||
| other long term liabilities | -957,000 | -9,965,000 | 13,745,000 | -9,313,000 | -368,292,000 | 406,479,000 | 8,018,000 | 150,000 | -5,208,000 | -6,763,000 | 14,662,000 |
| share issue | |||||||||||
| interest | -38,427,000 | -37,738,000 | -29,652,000 | -27,214,000 | -27,525,000 | -23,249,000 | -23,480,000 | -22,312,000 | -19,391,000 | -19,227,000 | -19,310,000 |
| cash flow from financing | 96,767,000 | 522,670,000 | 48,356,000 | 86,372,000 | 23,594,000 | 388,829,000 | 8,479,000 | -54,767,000 | 93,253,000 | 17,845,000 | 529,560,000 |
| cash and cash equivalents | |||||||||||
| cash | 23,512,000 | 28,474,000 | 110,347,000 | 21,279,000 | -1,914,000 | 21,966,000 | -4,067,000 | -27,745,000 | 48,073,000 | -18,113,000 | 35,655,000 |
| overdraft | |||||||||||
| change in cash | 23,512,000 | 28,474,000 | 110,347,000 | 21,279,000 | -1,914,000 | 21,966,000 | -4,067,000 | -27,745,000 | 48,073,000 | -18,113,000 | 35,655,000 |
abri group limited Credit Report and Business Information
Abri Group Limited Competitor Analysis
Perform a competitor analysis for abri group limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in SO50 area or any other competitors across 12 key performance metrics.
abri group limited Ownership
ABRI GROUP LIMITED group structure
Abri Group Limited has 7 subsidiary companies.
Ultimate parent company
ABRI GROUP LIMITED
03482228
7 subsidiaries
abri group limited directors
Abri Group Limited currently has 8 directors. The longest serving directors include Mrs Mandy Clarke (Sep 2013) and Mr Simon Porter (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Mandy Clarke | England | 59 years | Sep 2013 | - | Director |
| Mr Simon Porter | United Kingdom | 67 years | Apr 2014 | - | Director |
| Mr John Orr | United Kingdom | 52 years | Oct 2018 | - | Director |
| Ms Jane Alderman | United Kingdom | 63 years | Feb 2019 | - | Director |
| Mr Ashley West | 81 years | Nov 2019 | - | Director | |
| Mrs Joanna Makinson | 41 years | Nov 2019 | - | Director | |
| Mr Wayne Morris | 72 years | Nov 2019 | - | Director | |
| Mrs Caroline Moore | England | 59 years | Nov 2019 | - | Director |
P&L
March 2020turnover
223.4m
-4%
operating profit
59.4m
-31%
gross margin
88.5%
+3.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
1b
+0.05%
total assets
2.4b
+0.07%
cash
237.5m
+0.11%
net assets
Total assets minus all liabilities
abri group limited company details
company number
03482228
Type
Private Ltd By Guarantee w/o Share Cap
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
December 1997
age
28
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2020
previous names
radian group limited (September 2020)
parkside housing group limited (December 2006)
accountant
-
auditor
BDO LLP
address
collins house, bishopstoke road, eastleigh, hampshire, SO50 6AD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
abri group 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 abri group limited. Currently there are 1 open charges and 0 have been satisfied in the past.
abri group 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 ABRI GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
abri group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
