absko limited

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absko limited Company Information

Share ABSKO LIMITED

Company Number

04250196

Shareholders

michael beskine

Group Structure

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Industry

Development of building projects

 +1

Registered Address

58 chetwynd road, suit 47, london, NW5 1DJ

absko limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of ABSKO LIMITED at £1.1m based on a Turnover of £817k and 1.39x industry multiple (adjusted for size and gross margin).

absko limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ABSKO LIMITED at £0 based on an EBITDA of £-115.4k and a 3.7x industry multiple (adjusted for size and gross margin).

absko limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of ABSKO LIMITED at £2.1m based on Net Assets of £1.3m and 1.58x industry multiple (adjusted for liquidity).

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Absko Limited Overview

Absko Limited is a live company located in london, NW5 1DJ with a Companies House number of 04250196. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2001, it's largest shareholder is michael beskine with a 100% stake. Absko Limited is a mature, small sized company, Pomanda has estimated its turnover at £817k with declining growth in recent years.

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Absko Limited Health Check

Pomanda's financial health check has awarded Absko Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £817k, make it smaller than the average company (£1.6m)

£817k - Absko Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.1%)

-18% - Absko Limited

5.1% - Industry AVG

production

Production

with a gross margin of 20.5%, this company has a higher cost of product (49.5%)

20.5% - Absko Limited

49.5% - Industry AVG

profitability

Profitability

an operating margin of -14.1% make it less profitable than the average company (16.4%)

-14.1% - Absko Limited

16.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Absko Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Absko Limited

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £817k, this is more efficient (£229.1k)

£817k - Absko Limited

£229.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 166 days, this is later than average (30 days)

166 days - Absko Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (34 days)

55 days - Absko Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Absko Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Absko Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (70.9%)

33.8% - Absko Limited

70.9% - Industry AVG

ABSKO LIMITED financials

EXPORTms excel logo

Absko Limited's latest turnover from January 2024 is estimated at £817 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Absko Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover816,972540,042512,8441,495,7232,802,6322,206,3273,972,9072,563,054918,5281,613,0574,268,7064,231,9813,616,0554,005,819
Other Income Or Grants
Cost Of Sales649,188436,787417,8571,210,3762,266,3461,760,8903,148,5661,981,650732,5511,306,4073,497,2373,472,0642,950,5603,214,141
Gross Profit167,784103,25594,987285,347536,286445,437824,341581,404185,977306,650771,469759,917665,495791,678
Admin Expenses283,13670,712-153,980143,980381,322267,284440,871446,078-306,088264,481665,314659,794594,398747,489-547,771
Operating Profit-115,35232,543248,967141,367154,964178,153383,470135,326492,06542,169106,155100,12371,09744,189547,771
Interest Payable28,23159,02630,795
Interest Receivable1735126286265
Pre-Tax Profit-115,35232,543248,967141,367154,964178,153383,470135,344492,10042,295106,44272,15712,07213,394547,771
Tax-6,183-47,304-26,860-29,443-33,849-72,859-27,069-98,420-8,882-24,482-17,318-3,139-3,750-153,376
Profit After Tax-115,35226,360201,663114,507125,521144,304310,611108,275393,68033,41381,96054,8398,9339,644394,395
Dividends Paid
Retained Profit-115,35226,360201,663114,507125,521144,304310,611108,275393,68033,41381,96054,8398,9339,644394,395
Employee Costs40,01138,08437,01535,24235,601174,293339,073232,19466,723124,926300,714302,273263,299261,910
Number Of Employees11111510724101099
EBITDA*-115,35232,543248,967141,367154,964178,153383,470135,326492,53142,613106,155100,12371,09744,189547,771

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets1,606,4502,207,3302,209,4324,450,4544,397,5484,444,1164,512,5744,653,2531,885,0631,884,7161,884,2301,883,198
Intangible Assets
Investments & Other172,850172,850172,850
Debtors (Due After 1 year)
Total Fixed Assets1,606,4502,207,3302,209,4324,450,4544,397,5484,444,1164,512,5744,653,2531,885,0631,884,7161,884,2301,883,198172,850172,850172,850
Stock & work in progress
Trade Debtors372,149218,877209,39735,82696,90473,590619,64899,1561,647957,710957,7101,278,6111,361,8511,523,212
Group Debtors
Misc Debtors
Cash13,92141,8508,495106,042
misc current assets7,500
total current assets372,149218,877209,39735,82696,90473,590627,14899,15615,56841,850966,2051,063,7521,278,6111,361,8511,523,212
total assets1,978,5992,426,2072,418,8294,486,2804,494,4524,517,7065,139,7224,752,4091,900,6311,926,5662,850,4352,946,9501,451,4611,534,7011,696,062
Bank overdraft
Bank loan
Trade Creditors 97,902215,634215,8662,494,4313,412,0612,347,5343,013,8343,325,4941,156,192848,5841,674,9121,727,05885,531115,19560,972
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities97,902215,634215,8662,494,4313,412,0612,347,5343,013,8343,325,4941,156,192848,5841,674,9121,727,05885,531115,19560,972
loans868,647947,530
hp & lease commitments
Accruals and Deferred Income5,700
other liabilities571,128785,652804,402794,9511,213,3021,313,322919,260349,759493,798624,752751,08183,31166,9371,239,695
provisions
total long term liabilities571,128785,652804,402794,9511,213,3021,313,322924,960349,759493,798624,752751,081951,9581,014,4671,239,695
total liabilities669,0301,001,2861,020,2683,289,3823,412,0613,560,8364,327,1564,250,4541,505,9511,342,3822,299,6642,478,1391,037,4891,129,6621,300,667
net assets1,309,5691,424,9211,398,5611,196,8981,082,391956,870812,566501,955394,680584,184550,771468,811413,972405,039395,395
total shareholders funds1,309,5691,424,9211,398,5611,196,8981,082,391956,870812,566501,955394,680584,184550,771468,811413,972405,039395,395
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-115,35232,543248,967141,367154,964178,153383,470135,326492,06542,169106,155100,12371,09744,189547,771
Depreciation466444
Amortisation
Tax-6,183-47,304-26,860-29,443-33,849-72,859-27,069-98,420-8,882-24,482-17,318-3,139-3,750-153,376
Stock
Debtors153,2729,480173,571-61,07823,314-546,058520,49297,5091,647-957,710-320,901-83,240-161,3611,523,212
Creditors-117,732-232-2,278,565-917,6301,064,527-666,300-311,6602,169,3021,156,192-826,328-52,1461,641,527-29,66454,22360,972
Accruals and Deferred Income-5,7005,700
Deferred Taxes & Provisions
Cash flow from operations-386,35616,648-2,250,473-742,0451,166,73424,062-527,2412,185,7501,548,656165,11329,5272,045,233121,534256,023-1,067,845
Investing Activities
capital expenditure600,8802,1022,241,022-52,90646,56868,458140,679-2,768,190-1,885,529-930-1,032-1,883,198
Change in Investments-172,850172,850
cash flow from investments600,8802,1022,241,022-52,90646,56868,458140,679-2,768,190-1,885,529-930-1,032-1,710,348-172,850
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-868,647-78,883947,530
Hire Purchase and Lease Commitments
other long term liabilities-214,524-18,7509,451794,951-1,213,302-100,020394,062569,501349,759-130,954-126,329667,77016,374-1,172,7581,239,695
share issue-1,0001,0001,000
interest1735126286-27,966-59,026-30,795
cash flow from financing-214,524-18,7509,451794,951-1,213,302-100,020394,062568,518350,794-130,828-126,043-228,843-121,535-256,0231,240,695
cash and cash equivalents
cash-13,92113,92133,355-97,547106,042
overdraft
change in cash-13,92113,92133,355-97,547106,042

absko limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Absko Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for absko limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NW5 area or any other competitors across 12 key performance metrics.

absko limited Ownership

ABSKO LIMITED group structure

Absko Limited has no subsidiary companies.

Ultimate parent company

ABSKO LIMITED

04250196

ABSKO LIMITED Shareholders

michael beskine 100%

absko limited directors

Absko Limited currently has 1 director, Mr Michael Beskine serving since Jul 2001.

officercountryagestartendrole
Mr Michael BeskineEngland67 years Jul 2001- Director

P&L

January 2024

turnover

817k

+51%

operating profit

-115.4k

0%

gross margin

20.6%

+7.41%

turnover

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

Balance Sheet

January 2024

net assets

1.3m

-0.08%

total assets

2m

-0.18%

cash

0

0%

net assets

Total assets minus all liabilities

absko limited company details

company number

04250196

Type

Private limited with Share Capital

industry

41100 - Development of building projects

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

July 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

58 chetwynd road, suit 47, london, NW5 1DJ

Bank

-

Legal Advisor

-

absko 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 13 charges/mortgages relating to absko limited. Currently there are 1 open charges and 12 have been satisfied in the past.

absko 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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absko limited Companies House Filings - See Documents

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