Abel Magnets Limited

POWER SEARCH PRICING

SOLUTIONS

abel magnets limited Company Information

Company Number

03671776

Next Accounts

Dec 2025

Directors

Paul Satinoff

Mark Brookes

View All

Shareholders

mark brookes

john alan brookes

View All

Group Structure

View All

Industry

Other manufacturing n.e.c.

Registered Address

c/o henry bramall & co ltd, unit 8, acorn business park, sheffield, S8 0TB

Website

www.abelmagnets.com

abel magnets limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of ABEL MAGNETS LIMITED at £2.6m based on Net Assets of £1.2m and 2.14x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Abel Magnets Limited is a live company located in sheffield, S8 0TB with a Companies House number of 03671776. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in November 1998, it's largest shareholder is mark brookes with a 46.7% stake. Abel Magnets Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Abel Magnets Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

2 Regular

6 Weak

Size

annual sales of £1.9m, make it smaller than the average company (£13.7m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.6%)

EXPORT

Abel Magnets Limited's latest turnover from March 2024 is estimated at £1.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Abel Magnets Limited has 9 employees and maintains cash reserves of £591.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	1,919,999	1,506,682	1,614,994	1,181,795	1,022,777	1,089,504	853,966	969,011	1,805,142	1,533,154	1,484,116	1,226,515	1,573,966	1,571,346	1,548,583
Other Income Or Grants
Cost Of Sales	1,335,877	1,056,668	1,133,050	847,127	721,148	756,264	587,915	655,089	1,221,022	1,046,808	1,004,773	834,430	1,061,925	1,058,692	1,039,664
Gross Profit	584,122	450,014	481,944	334,669	301,630	333,241	266,051	313,922	584,120	486,346	479,344	392,085	512,041	512,654	508,920
Admin Expenses	565,636	404,696	336,734	185,847	233,090	308,812	266,272	316,540	634,914	606,585	542,598	432,612	525,339	541,753	-1,039,105
Operating Profit	18,486	45,318	145,210	148,822	68,540	24,429	-221	-2,618	-50,794	-120,239	-63,254	-40,527	-13,298	-29,099	1,548,025
Interest Payable
Interest Receivable	30,192	26,854	5,347	646	536	3,832	2,493	1,109	2,368	2,599	2,650	2,616	2,452	2,643	1,417
Pre-Tax Profit	48,679	72,173	150,557	149,468	69,075	28,262	2,272	-1,509	-48,426	-117,640	-60,604	-37,911	-10,846	-26,456	1,549,442
Tax	-12,170	-13,713	-28,606	-28,399	-13,124	-5,370	-432								-433,844
Profit After Tax	36,509	58,460	121,951	121,069	55,951	22,892	1,840	-1,509	-48,426	-117,640	-60,604	-37,911	-10,846	-26,456	1,115,598
Dividends Paid
Retained Profit	36,509	58,460	121,951	121,069	55,951	22,892	1,840	-1,509	-48,426	-117,640	-60,604	-37,911	-10,846	-26,456	1,115,598
Employee Costs	380,347	359,737	343,921	293,159	293,142	288,543	244,826	236,707	463,787	360,018	347,608	314,714	376,795	396,189	414,147
Number Of Employees	9	9	9	8	8	8	7	7	14	11	11	10	12	13	14
EBITDA*	31,859	57,191	150,033	152,567	73,083	36,939	15,260	16,286	-30,311	-93,616	-35,195	-14,755	11,797	-1,081	1,568,946

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	57,340	55,713	53,591	17,812	21,557	26,100	35,340	43,871	62,776	83,258	97,656	107,790	92,090	104,254	117,935
Intangible Assets											6,000	12,000	18,000	24,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	57,340	55,713	53,591	17,812	21,557	26,100	35,340	43,871	62,776	83,258	103,656	119,790	110,090	128,254	117,935
Stock & work in progress	400,996	445,464	284,651	263,049	243,081	249,316	212,064	251,372	238,410	221,604	189,704	199,244	229,382	237,428	202,434
Trade Debtors	461,335	346,287	413,609	267,173	217,774	234,432	184,275	213,096	377,903	298,841	355,648	281,745	387,241	379,816	372,772
Group Debtors
Misc Debtors	33,691	27,560	20,645	17,300	18,036	17,730	13,998	13,185
Cash	591,547	558,634	705,104	720,684	570,639	500,586	521,362	475,761	411,691	535,535	504,087	555,871	490,443	490,421	566,818
misc current assets
total current assets	1,487,569	1,377,945	1,424,009	1,268,206	1,049,530	1,002,064	931,699	953,414	1,028,004	1,055,980	1,049,439	1,036,860	1,107,066	1,107,665	1,142,024
total assets	1,544,909	1,433,658	1,477,600	1,286,018	1,071,087	1,028,164	967,039	997,285	1,090,780	1,139,238	1,153,095	1,156,650	1,217,156	1,235,919	1,259,959
Bank overdraft
Bank loan
Trade Creditors	106,429	42,811	107,938	64,114	41,095	69,510	39,868	58,954	272,906	271,463	167,448	109,423	132,527	138,381	135,415
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	191,035	177,338	212,034	205,946	134,967	119,183	110,194	123,764
total current liabilities	297,464	220,149	319,972	270,060	176,062	188,693	150,062	182,718	272,906	271,463	167,448	109,423	132,527	138,381	135,415
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities	10,632	13,130	15,408
provisions	3,935	4,010	4,311		136	533	931	361	2,159	3,634	3,866	4,842	4,333	6,396	6,946
total long term liabilities	14,567	17,140	19,719		136	533	931	361	2,159	3,634	3,866	4,842	4,333	6,396	6,946
total liabilities	312,031	237,289	339,691	270,060	176,198	189,226	150,993	183,079	275,065	275,097	171,314	114,265	136,860	144,777	142,361
net assets	1,232,878	1,196,369	1,137,909	1,015,958	894,889	838,938	816,046	814,206	815,715	864,141	981,781	1,042,385	1,080,296	1,091,142	1,117,598
total shareholders funds	1,232,878	1,196,369	1,137,909	1,015,958	894,889	838,938	816,046	814,206	815,715	864,141	981,781	1,042,385	1,080,296	1,091,142	1,117,598

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	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	18,486	45,318	145,210	148,822	68,540	24,429	-221	-2,618	-50,794	-120,239	-63,254	-40,527	-13,298	-29,099	1,548,025
Depreciation	13,373	11,873	4,823	3,745	4,543	12,510	15,481	18,904	20,483	20,623	22,059	19,772	19,095	21,971	20,921
Amortisation										6,000	6,000	6,000	6,000	6,047
Tax	-12,170	-13,713	-28,606	-28,399	-13,124	-5,370	-432								-433,844
Stock	-44,468	160,813	21,602	19,968	-6,235	37,252	-39,308	12,962	16,806	31,900	-9,540	-30,138	-8,046	34,994	202,434
Debtors	121,179	-60,407	149,781	48,663	-16,352	53,889	-28,008	-151,622	79,062	-56,807	73,903	-105,496	7,425	7,044	372,772
Creditors	63,618	-65,127	43,824	23,019	-28,415	29,642	-19,086	-213,952	1,443	104,015	58,025	-23,104	-5,854	2,966	135,415
Accruals and Deferred Income	13,697	-34,696	6,088	70,979	15,784	8,989	-13,570	123,764
Deferred Taxes & Provisions	-75	-301	4,311	-136	-397	-398	570	-1,798	-1,475	-232	-976	509	-2,063	-550	6,946
Cash flow from operations	20,218	-157,052	4,267	149,399	69,518	-21,339	50,058	62,960	-126,211	35,074	-42,509	98,284	4,501	-40,703	702,257
Investing Activities
capital expenditure	-15,000	-13,995	-40,602			-3,270	-6,950	1	-1	-6,225	-11,925	-35,472	-6,931	-38,337	-138,856
Change in Investments
cash flow from investments	-15,000	-13,995	-40,602			-3,270	-6,950	1	-1	-6,225	-11,925	-35,472	-6,931	-38,337	-138,856
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	-2,498	-2,278	15,408
share issue															2,000
interest	30,192	26,854	5,347	646	536	3,832	2,493	1,109	2,368	2,599	2,650	2,616	2,452	2,643	1,417
cash flow from financing	27,694	24,576	20,755	646	536	3,832	2,493	1,109	2,368	2,599	2,650	2,616	2,452	2,643	3,417
cash and cash equivalents
cash	32,913	-146,470	-15,580	150,045	70,053	-20,776	45,601	64,070	-123,844	31,448	-51,784	65,428	22	-76,397	566,818
overdraft
change in cash	32,913	-146,470	-15,580	150,045	70,053	-20,776	45,601	64,070	-123,844	31,448	-51,784	65,428	22	-76,397	566,818

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for abel magnets limited. Get real-time insights into abel magnets 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

Perform a competitor analysis for abel magnets limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in S 8 area or any other competitors across 12 key performance metrics.

ABEL MAGNETS LIMITED group structure

Abel Magnets Limited has no subsidiary companies.

Ultimate parent company

ABEL MAGNETS LIMITED

03671776

ABEL MAGNETS LIMITED Shareholders

mark brookes	46.67%
john alan brookes	20%
michael vessey	15%
david vessey	15%
john lucius arthur cary	1.67%
joanna pamela cary	1.67%

Abel Magnets Limited currently has 4 directors. The longest serving directors include Mr Paul Satinoff (Nov 1998) and Mr Mark Brookes (Jun 1999).

officer	country	age	start	end	role
Mr Paul Satinoff	England	79 years	Nov 1998	-	Director
Mr Mark Brookes	England	51 years	Jun 1999	-	Director
Mr John Brookes	England	79 years	Jul 2003	-	Director
Mr Nathan Dodsworth	England	56 years	Jun 2021	-	Director

P&L

March 2024

turnover

1.9m

+27%

operating profit

18.5k

gross margin

30.5%

+1.86%

turnover

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

Balance Sheet

March 2024

net assets

1.2m

+0.03%

total assets

1.5m

+0.08%

cash

591.5k

+0.06%

net assets

Total assets minus all liabilities

Similar Companies

wild-olive ltd

1.5

w.e.c. (leeds) ltd

dem window solutions limited

4.5

cedar labels limited

3.5

j foster construction ltd

company number

03671776

Type

Private limited with Share Capital

industry

32990 - Other manufacturing n.e.c.

incorporation date

November 1998

ultimate parent company

None

previous names

N/A

address

c/o henry bramall & co ltd, unit 8, acorn business park, sheffield, S8 0TB

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 abel magnets limited. Currently there are 1 open charges and 0 have been satisfied in the past.

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

abel magnets limited Company Information

abel magnets limited Estimated Valuation

abel magnets limited Estimated Valuation

abel magnets limited Estimated Valuation

Abel Magnets Limited Overview

Abel Magnets Limited Health Check

ABEL MAGNETS LIMITED financials

abel magnets limited Credit Report and Business Information

Abel Magnets Limited Competitor Analysis

abel magnets limited Ownership

abel magnets limited directors

abel magnets limited company details

abel magnets limited Charges & Mortgages

abel magnets limited Capital Raised & Share Issues BETA

abel magnets limited Companies House Filings - See Documents