acorn builders (pewsey) limited

acorn builders (pewsey) limited Company Information

Share ACORN BUILDERS (PEWSEY) LIMITED
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MatureMidHigh

Company Number

03695966

Industry

Construction of domestic buildings

 

Directors

Mark Baker

Kevin Franklin

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Shareholders

abp management services limited

Group Structure

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Contact

Registered Address

unit 18, salisbury road business park, pewsey, wiltshire, SN9 5PZ

acorn builders (pewsey) limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of ACORN BUILDERS (PEWSEY) LIMITED at £5.3m based on a Turnover of £9.8m and 0.54x industry multiple (adjusted for size and gross margin).

acorn builders (pewsey) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ACORN BUILDERS (PEWSEY) LIMITED at £0 based on an EBITDA of £-586.4k and a 4.26x industry multiple (adjusted for size and gross margin).

acorn builders (pewsey) limited Estimated Valuation

£3.2m

Pomanda estimates the enterprise value of ACORN BUILDERS (PEWSEY) LIMITED at £3.2m based on Net Assets of £2.4m and 1.35x industry multiple (adjusted for liquidity).

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Acorn Builders (pewsey) Limited Overview

Acorn Builders (pewsey) Limited is a live company located in pewsey, SN9 5PZ with a Companies House number of 03695966. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 1999, it's largest shareholder is abp management services limited with a 100% stake. Acorn Builders (pewsey) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £9.8m with high growth in recent years.

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Acorn Builders (pewsey) Limited Health Check

Pomanda's financial health check has awarded Acorn Builders (Pewsey) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £9.8m, make it larger than the average company (£435.3k)

£9.8m - Acorn Builders (pewsey) Limited

£435.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (9.8%)

20% - Acorn Builders (pewsey) Limited

9.8% - Industry AVG

production

Production

with a gross margin of 20.8%, this company has a comparable cost of product (20.8%)

20.8% - Acorn Builders (pewsey) Limited

20.8% - Industry AVG

profitability

Profitability

an operating margin of -8% make it less profitable than the average company (5.4%)

-8% - Acorn Builders (pewsey) Limited

5.4% - Industry AVG

employees

Employees

with 33 employees, this is above the industry average (3)

33 - Acorn Builders (pewsey) Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)

£41.9k - Acorn Builders (pewsey) Limited

£41.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £297.4k, this is more efficient (£191.3k)

£297.4k - Acorn Builders (pewsey) Limited

£191.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (27 days)

55 days - Acorn Builders (pewsey) Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is slower than average (30 days)

36 days - Acorn Builders (pewsey) Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 29 days, this is less than average (277 days)

29 days - Acorn Builders (pewsey) Limited

277 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (14 weeks)

26 weeks - Acorn Builders (pewsey) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (70.9%)

44% - Acorn Builders (pewsey) Limited

70.9% - Industry AVG

ACORN BUILDERS (PEWSEY) LIMITED financials

EXPORTms excel logo

Acorn Builders (Pewsey) Limited's latest turnover from January 2024 is estimated at £9.8 million and the company has net assets of £2.4 million. According to their latest financial statements, Acorn Builders (Pewsey) Limited has 33 employees and maintains cash reserves of £801.9 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
Turnover9,813,7407,698,7498,013,5365,622,69310,028,6677,232,5255,280,0275,984,4995,657,68613,424,2464,594,7665,977,4133,149,6152,471,2973,031,553
Other Income Or Grants000000000000000
Cost Of Sales7,777,6936,130,8066,502,7504,547,1107,997,8485,652,9924,066,7664,591,6324,404,25110,502,9633,620,3584,721,8382,500,7891,956,7152,392,687
Gross Profit2,036,0471,567,9431,510,7851,075,5832,030,8191,579,5331,213,2601,392,8671,253,4352,921,283974,4091,255,575648,826514,582638,866
Admin Expenses2,822,1422,812,1191,214,325252,482872,8961,347,955997,792887,412866,9812,378,954750,553975,573558,748471,303-98,087
Operating Profit-786,095-1,244,176296,460823,1011,157,923231,578215,468505,455386,454542,329223,856280,00290,07843,279736,953
Interest Payable47524,16631,58433,82930,81620,55516,2506,7234921233966919775590
Interest Receivable70,52275,7906,4982,27712,14010,4017,2503,6484,1331,9312,1671,7731,3141,082564
Pre-Tax Profit-716,048-1,192,552271,374791,5491,139,247221,425206,468502,380390,095544,137225,627281,08490,41543,803737,517
Tax00-51,561-150,394-216,457-42,071-39,229-100,476-78,019-114,269-51,894-67,460-23,508-12,265-206,505
Profit After Tax-716,048-1,192,552219,813641,155922,790179,354167,239401,904312,076429,868173,733213,62466,90731,538531,012
Dividends Paid000000000000000
Retained Profit-716,048-1,192,552219,813641,155922,790179,354167,239401,904312,076429,868173,733213,62466,90731,538531,012
Employee Costs1,381,3231,264,0921,514,1721,239,1431,157,4191,035,900869,000858,428572,6001,197,246450,878635,631388,811272,710317,502
Number Of Employees3330383329242222143112171189
EBITDA*-586,403-1,064,644456,881965,3151,293,637350,935281,559569,524466,789599,483277,273335,276101,93372,766766,485

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets1,200,4161,049,6731,134,373976,488943,177837,396823,957764,469579,271473,049435,810467,800451,348292,941307,179
Intangible Assets000000000000000
Investments & Other12,00012,000607,504595,803500500500500500500500500500500500
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,212,4161,061,6731,741,8771,572,291943,677837,896824,457764,969579,771473,549436,310468,300451,848293,441307,679
Stock & work in progress632,280599,363625,756476,610399,739721,940657,818181,710345,32767,130309,299145,853115,67481,48136,629
Trade Debtors1,501,5051,156,728999,741543,9001,693,430820,117693,741586,364576,4051,374,943279,927510,377271,103251,722293,334
Group Debtors8,00040,000604,000661,927600,0000000000000
Misc Debtors98,6502,40033,27526,575300211,93130068,6809,796000000
Cash801,9451,884,6102,446,2612,752,2641,802,0881,435,1781,338,4941,561,4981,356,785296,289476,126390,808318,333207,435225,546
misc current assets00000045,204176,23620,914303,978258,4051,0309901,0341,245
total current assets3,042,3803,683,1014,709,0334,461,2764,495,5573,189,1662,735,5572,574,4882,309,2272,042,3401,323,7571,048,068706,100541,672556,754
total assets4,254,7964,744,7746,450,9106,033,5675,439,2344,027,0623,560,0143,339,4572,888,9982,515,8891,760,0671,516,3681,157,948835,113864,433
Bank overdraft000000004,200000000
Bank loan000000000000000
Trade Creditors 771,048587,544554,499580,208417,465670,135435,480441,674400,527926,182610,876510,391370,685192,980249,189
Group/Directors Accounts10,55113,17824,3552,3199,2124,9294,4498,9852,319000000
other short term finances5,2993,143505,613505,086604,049309,027300,000200,0000000000
hp & lease commitments00011,08114,77541,56839,95248,19259,115000000
other current liabilities786,504779,935775,952664,352737,902265,691235,658267,394493,314000000
total current liabilities1,573,4021,383,8001,860,4191,763,0461,783,4031,291,3501,015,539966,245959,475926,182610,876510,391370,685192,980249,189
loans0000000010,94303,7878,39612,86617,2000
hp & lease commitments000011,08125,85626,79338,99619,799000000
Accruals and Deferred Income000000000000000
other liabilities00000000032,28632,41549,78929,65022,23747,986
provisions298,886262,418257,540163,511161,613134,808121,225103,76877,39847,42232,16640,01036,74325,57321,407
total long term liabilities298,886262,418257,540163,511172,694160,664148,018142,764108,14079,70868,36898,19579,25965,01069,393
total liabilities1,872,2881,646,2182,117,9591,926,5571,956,0971,452,0141,163,5571,109,0091,067,6151,005,890679,244608,586449,944257,990318,582
net assets2,382,5083,098,5564,332,9514,107,0103,483,1372,575,0482,396,4572,230,4481,821,3831,509,9991,080,823907,782708,004577,123545,851
total shareholders funds2,382,5083,098,5564,332,9514,107,0103,483,1372,575,0482,396,4572,230,4481,821,3831,509,9991,080,823907,782708,004577,123545,851
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-786,095-1,244,176296,460823,1011,157,923231,578215,468505,455386,454542,329223,856280,00290,07843,279736,953
Depreciation199,692179,532160,421142,214135,714119,35766,09164,06980,33557,15453,41755,27411,85529,48729,532
Amortisation000000000000000
Tax00-51,561-150,394-216,457-42,071-39,229-100,476-78,019-114,269-51,894-67,460-23,508-12,265-206,505
Stock32,917-26,393149,14676,871-322,20164,122476,108-163,617278,197-242,169163,44630,17934,19344,85236,629
Debtors409,027-437,888404,614-1,061,3281,261,682338,00738,99768,843-788,7421,095,016-230,450239,27419,381-41,612293,334
Creditors183,50433,045-25,709162,743-252,670234,655-6,19441,147-525,655315,306100,485139,706177,705-56,209249,189
Accruals and Deferred Income6,5693,983111,600-73,550472,21130,033-31,736-225,920493,314000000
Deferred Taxes & Provisions36,4684,87894,0291,89826,80513,58317,45726,37029,97615,256-7,8443,26711,1704,16621,407
Cash flow from operations-801,806-558,45731,4801,890,469384,045185,006-293,248405,419896,950-37,071385,024141,336213,7265,218500,613
Investing Activities
capital expenditure-350,435-94,832-318,306-175,525-241,495-132,796-125,579-249,267-186,557-94,393-21,427-71,726-170,262-15,249-336,711
Change in Investments0-595,50411,701595,3030000000000500
cash flow from investments-350,435500,672-330,007-770,828-241,495-132,796-125,579-249,267-186,557-94,393-21,427-71,726-170,262-15,249-337,211
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-2,627-11,17722,036-6,8934,283480-4,5366,6662,319000000
Other Short Term Loans 2,156-502,470527-98,963295,0229,027100,000200,0000000000
Long term loans0000000-10,94310,943-3,787-4,609-4,470-4,33417,2000
Hire Purchase and Lease Commitments00-11,081-14,775-41,568679-20,4438,27478,914000000
other long term liabilities00000000-32,286-129-17,37420,1397,413-25,74947,986
share issue0-41,8436,128-17,282-14,701-763-1,2307,161-692-692-692-13,84663,974-26614,839
interest70,04751,624-25,086-31,552-18,676-10,154-9,000-3,0753,6411,8081,7711,082337523564
cash flow from financing69,576-503,866-7,476-169,465224,360-73164,791208,08362,839-2,800-20,9042,90567,390-8,29263,389
cash and cash equivalents
cash-1,082,665-561,651-306,003950,176366,91096,684-223,004204,7131,060,496-179,83785,31872,475110,898-18,111225,546
overdraft0000000-4,2004,200000000
change in cash-1,082,665-561,651-306,003950,176366,91096,684-223,004208,9131,056,296-179,83785,31872,475110,898-18,111225,546

acorn builders (pewsey) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Acorn Builders (pewsey) Limited Competitor Analysis

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Perform a competitor analysis for acorn builders (pewsey) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SN9 area or any other competitors across 12 key performance metrics.

acorn builders (pewsey) limited Ownership

ACORN BUILDERS (PEWSEY) LIMITED group structure

Acorn Builders (Pewsey) Limited has 1 subsidiary company.

Ultimate parent company

1 parent

ACORN BUILDERS (PEWSEY) LIMITED

03695966

1 subsidiary

ACORN BUILDERS (PEWSEY) LIMITED Shareholders

abp management services limited 100%

acorn builders (pewsey) limited directors

Acorn Builders (Pewsey) Limited currently has 4 directors. The longest serving directors include Mr Mark Baker (Feb 1999) and Mr Kevin Franklin (Aug 1999).

officercountryagestartendrole
Mr Mark Baker55 years Feb 1999- Director
Mr Kevin Franklin65 years Aug 1999- Director
Mr Duncan Whitton57 years Oct 2012- Director
Mr Ross Butler38 years Feb 2019- Director

P&L

January 2024

turnover

9.8m

+27%

operating profit

-786.1k

0%

gross margin

20.8%

+1.87%

turnover

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

Balance Sheet

January 2024

net assets

2.4m

-0.23%

total assets

4.3m

-0.1%

cash

801.9k

-0.57%

net assets

Total assets minus all liabilities

acorn builders (pewsey) limited company details

company number

03695966

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

January 1999

age

26

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

manorcalm limited (February 1999)

accountant

NUMERIC ACCOUNTING

auditor

-

address

unit 18, salisbury road business park, pewsey, wiltshire, SN9 5PZ

Bank

-

Legal Advisor

-

acorn builders (pewsey) 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 2 charges/mortgages relating to acorn builders (pewsey) limited. Currently there are 0 open charges and 2 have been satisfied in the past.

acorn builders (pewsey) 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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acorn builders (pewsey) limited Companies House Filings - See Documents

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