abel magnets limited Company Information
Company Number
03671776
Next Accounts
Dec 2025
Shareholders
mark brookes
john alan brookes
View AllGroup 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.comabel magnets limited Estimated Valuation
Pomanda estimates the enterprise value of ABEL MAGNETS LIMITED at £1.3m based on a Turnover of £1.9m and 0.68x industry multiple (adjusted for size and gross margin).
abel magnets limited Estimated Valuation
Pomanda estimates the enterprise value of ABEL MAGNETS LIMITED at £145.7k based on an EBITDA of £31.9k and a 4.57x industry multiple (adjusted for size and gross margin).
abel magnets limited Estimated Valuation
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).
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Abel Magnets Limited Overview
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.
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Abel Magnets Limited Health 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


4 Strong

2 Regular

6 Weak

Size
annual sales of £1.9m, make it smaller than the average company (£13.7m)
- Abel Magnets Limited
£13.7m - Industry AVG

Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.6%)
- Abel Magnets Limited
8.6% - Industry AVG

Production
with a gross margin of 30.4%, this company has a comparable cost of product (30.4%)
- Abel Magnets Limited
30.4% - Industry AVG

Profitability
an operating margin of 1% make it less profitable than the average company (6.6%)
- Abel Magnets Limited
6.6% - Industry AVG

Employees
with 9 employees, this is below the industry average (70)
9 - Abel Magnets Limited
70 - Industry AVG

Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Abel Magnets Limited
£42.3k - Industry AVG

Efficiency
resulting in sales per employee of £213.3k, this is more efficient (£175.5k)
- Abel Magnets Limited
£175.5k - Industry AVG

Debtor Days
it gets paid by customers after 87 days, this is later than average (53 days)
- Abel Magnets Limited
53 days - Industry AVG

Creditor Days
its suppliers are paid after 29 days, this is quicker than average (42 days)
- Abel Magnets Limited
42 days - Industry AVG

Stock Days
it holds stock equivalent to 109 days, this is more than average (66 days)
- Abel Magnets Limited
66 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (14 weeks)
103 weeks - Abel Magnets Limited
14 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 20.2%, this is a lower level of debt than the average (46.5%)
20.2% - Abel Magnets Limited
46.5% - Industry AVG
ABEL MAGNETS LIMITED financials

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 | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 9 | 9 | 9 | 8 | 8 | 8 | 7 | 7 | |||||||
EBITDA* |
* 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 | |||||||||||||||
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 | |||||||||||||||
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 | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
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 | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
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 |
abel magnets limited Credit Report and Business Information
Abel Magnets Limited Competitor Analysis

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 Ownership
ABEL MAGNETS LIMITED group structure
Abel Magnets Limited has no subsidiary companies.
Ultimate parent company
ABEL MAGNETS LIMITED
03671776
abel magnets limited directors
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 2024turnover
1.9m
+27%
operating profit
18.5k
0%
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 2024net assets
1.2m
+0.03%
total assets
1.5m
+0.08%
cash
591.5k
+0.06%
net assets
Total assets minus all liabilities
abel magnets limited company details
company number
03671776
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
November 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
HENRY BRAMALL & CO LIMITED
auditor
-
address
c/o henry bramall & co ltd, unit 8, acorn business park, sheffield, S8 0TB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
abel magnets 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 abel magnets limited. Currently there are 1 open charges and 0 have been satisfied in the past.
abel magnets 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.
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abel magnets limited Companies House Filings - See Documents
date | description | view/download |
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