aspin construction group limited
aspin construction group limited Company Information
Company Number
04293636
Next Accounts
Mar 2025
Shareholders
sandton credit solutions master fund iv lp
graeme castle
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
nexus house boundary way, hemel hempstead industrial estat, hemel hempstead, HP2 7SJ
Website
aspingroup.comaspin construction group limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIN CONSTRUCTION GROUP LIMITED at £25.7m based on a Turnover of £45.8m and 0.56x industry multiple (adjusted for size and gross margin).
aspin construction group limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIN CONSTRUCTION GROUP LIMITED at £0 based on an EBITDA of £-6.7m and a 4.31x industry multiple (adjusted for size and gross margin).
aspin construction group limited Estimated Valuation
Pomanda estimates the enterprise value of ASPIN CONSTRUCTION GROUP LIMITED at £0 based on Net Assets of £-1.2m and 2.14x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aspin Construction Group Limited Overview
Aspin Construction Group Limited is a dissolved company that was located in hemel hempstead, HP2 7SJ with a Companies House number of 04293636. It operated in the activities of head offices sector, SIC Code 70100. Founded in September 2001, it's largest shareholder was sandton credit solutions master fund iv lp with a 77.5% stake. The last turnover for Aspin Construction Group Limited was estimated at £45.8m.
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Aspin Construction Group Limited Health Check
Pomanda's financial health check has awarded Aspin Construction Group Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £45.8m, make it larger than the average company (£17.6m)
£45.8m - Aspin Construction Group Limited
£17.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.8%)
7% - Aspin Construction Group Limited
4.8% - Industry AVG
Production
with a gross margin of 1.8%, this company has a higher cost of product (32.1%)
1.8% - Aspin Construction Group Limited
32.1% - Industry AVG
Profitability
an operating margin of -20.3% make it less profitable than the average company (5%)
-20.3% - Aspin Construction Group Limited
5% - Industry AVG
Employees
with 255 employees, this is above the industry average (115)
255 - Aspin Construction Group Limited
115 - Industry AVG
Pay Structure
on an average salary of £70.4k, the company has a higher pay structure (£39.6k)
£70.4k - Aspin Construction Group Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £179.8k, this is equally as efficient (£162.8k)
£179.8k - Aspin Construction Group Limited
£162.8k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (48 days)
42 days - Aspin Construction Group Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (47 days)
26 days - Aspin Construction Group Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (42 days)
8 days - Aspin Construction Group Limited
42 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aspin Construction Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.6%, this is a higher level of debt than the average (62.2%)
109.6% - Aspin Construction Group Limited
62.2% - Industry AVG
ASPIN CONSTRUCTION GROUP LIMITED financials
Aspin Construction Group Limited's latest turnover from January 2018 is £45.8 million and the company has net assets of -£1.2 million. According to their latest financial statements, Aspin Construction Group Limited has 255 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2018 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 45,848,000 | 43,694,000 | 37,776,000 | 28,784,192 | 15,408,371 | 11,684,917 | 14,436,918 | 9,740,891 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 45,031,000 | 34,705,000 | 28,792,000 | 23,056,584 | 11,808,524 | 9,985,541 | 12,617,668 | 8,816,178 |
| Gross Profit | 817,000 | 8,989,000 | 8,984,000 | 5,727,608 | 3,599,847 | 1,699,376 | 1,819,250 | 924,713 |
| Admin Expenses | 10,141,000 | 7,018,000 | 3,595,000 | 2,697,972 | 1,334,866 | 868,387 | 1,496,458 | 1,128,447 |
| Operating Profit | -9,324,000 | 1,971,000 | 5,389,000 | 3,029,636 | 2,264,981 | 830,989 | 322,792 | -203,734 |
| Interest Payable | 459,000 | 213,000 | 151,000 | 96,630 | 64,037 | 61,852 | 177,564 | 63,835 |
| Interest Receivable | ||||||||
| Pre-Tax Profit | -9,783,000 | 1,758,000 | 5,238,000 | 2,933,006 | 2,200,944 | 769,137 | 145,228 | -267,569 |
| Tax | 144,000 | 397,000 | -1,162,000 | -711,423 | -486,831 | -170,638 | -24,212 | 24,656 |
| Profit After Tax | -9,639,000 | 2,155,000 | 4,076,000 | 2,221,583 | 1,714,113 | 598,499 | 121,016 | -242,913 |
| Dividends Paid | 2,226,000 | 603,899 | 102,260 | 200,000 | 54,974 | |||
| Retained Profit | -9,639,000 | 2,155,000 | 1,850,000 | 1,617,684 | 1,611,853 | 398,499 | 121,016 | -297,887 |
| Employee Costs | 17,959,000 | 11,425,000 | 7,727,000 | 5,926,916 | 3,506,578 | 2,603,256 | 3,732,700 | 3,124,740 |
| Number Of Employees | 255 | 249 | 188 | 131 | 97 | 71 | 74 | 82 |
| EBITDA* | -6,734,000 | 3,717,000 | 1,223,924,000 | 3,765,246 | 2,755,734 | 5,856,541 | 1,067,023 | 234,654 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2018 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,494,000 | 6,569,000 | 5,495,000 | 3,531,215 | 2,317,878 | 1,574,744 | 1,958,061 | 2,352,891 |
| Intangible Assets | 77,000 | 136,000 | 143,000 | 101,305 | 192,466 | |||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 5,571,000 | 6,705,000 | 5,638,000 | 3,632,520 | 2,510,344 | 1,574,744 | 1,958,061 | 2,352,891 |
| Stock & work in progress | 1,078,000 | 1,806,000 | 1,578,000 | 1,109,750 | 718,274 | 121,282 | 121,757 | 179,868 |
| Trade Debtors | 5,332,000 | 10,091,000 | 8,321,000 | 3,520,225 | 4,203,930 | 1,606,656 | 2,371,583 | 2,177,892 |
| Group Debtors | 522,000 | 276,000 | ||||||
| Misc Debtors | 702,000 | 1,478,000 | 612,000 | 2,819,179 | 1,021,547 | 523,086 | 330,054 | 657,396 |
| Cash | 2,017,000 | 2,942,000 | 974,024 | 1,455,791 | 652,801 | 739 | 21,039 | |
| misc current assets | ||||||||
| total current assets | 7,112,000 | 15,914,000 | 13,729,000 | 8,423,178 | 7,399,542 | 2,903,825 | 2,824,133 | 3,036,195 |
| total assets | 12,683,000 | 22,619,000 | 19,367,000 | 12,055,698 | 9,909,886 | 4,478,569 | 4,782,194 | 5,389,086 |
| Bank overdraft | 2,838,000 | 331,244 | 200,469 | |||||
| Bank loan | ||||||||
| Trade Creditors | 3,250,000 | 4,098,000 | 5,206,000 | 2,699,105 | 3,621,054 | 1,236,698 | 1,644,122 | 2,029,309 |
| Group/Directors Accounts | ||||||||
| other short term finances | 750,000 | |||||||
| hp & lease commitments | 1,608,000 | 1,942,000 | 1,504,000 | 890,995 | 676,489 | 367,187 | 441,659 | 490,984 |
| other current liabilities | 3,167,000 | 4,214,000 | 3,183,000 | 2,282,679 | 1,620,663 | 956,308 | 557,844 | 964,410 |
| total current liabilities | 11,613,000 | 10,254,000 | 9,893,000 | 5,872,779 | 5,918,206 | 2,560,193 | 2,974,869 | 3,685,172 |
| loans | 133,000 | |||||||
| hp & lease commitments | 2,150,000 | 3,762,000 | 2,990,000 | 1,537,326 | 879,434 | 557,600 | 779,886 | 944,793 |
| Accruals and Deferred Income | ||||||||
| other liabilities | 143,650 | |||||||
| provisions | 177,000 | 213,000 | 123,421 | 64,109 | 68,142 | 133,304 | 109,092 | |
| total long term liabilities | 2,283,000 | 3,939,000 | 3,203,000 | 1,660,747 | 1,087,193 | 625,742 | 913,190 | 1,053,885 |
| total liabilities | 13,896,000 | 14,193,000 | 13,096,000 | 7,533,526 | 7,005,399 | 3,185,935 | 3,888,059 | 4,739,057 |
| net assets | -1,213,000 | 8,426,000 | 6,271,000 | 4,522,172 | 2,904,487 | 1,292,634 | 894,135 | 650,029 |
| total shareholders funds | -1,213,000 | 8,426,000 | 6,271,000 | 4,522,172 | 2,904,487 | 1,292,634 | 894,135 | 650,029 |
| Jan 2018 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -9,324,000 | 1,971,000 | 5,389,000 | 3,029,636 | 2,264,981 | 830,989 | 322,792 | -203,734 |
| Depreciation | 2,529,000 | 1,729,000 | 1,179,365,000 | 710,284 | 490,753 | 5,025,552 | 744,231 | 438,388 |
| Amortisation | 61,000 | 17,000 | 39,170,000 | 25,326 | ||||
| Tax | 144,000 | 397,000 | -1,162,000 | -711,423 | -486,831 | -170,638 | -24,212 | 24,656 |
| Stock | 1,078,000 | 228,000 | 468,250 | 391,476 | 596,992 | -475 | -58,111 | 179,868 |
| Debtors | 6,034,000 | 2,882,000 | 2,869,596 | 1,113,927 | 3,095,735 | -571,895 | -133,651 | 2,835,288 |
| Creditors | 3,250,000 | -1,108,000 | 2,506,895 | -921,949 | 2,384,356 | -407,424 | -385,187 | 2,029,309 |
| Accruals and Deferred Income | 3,167,000 | 1,031,000 | 900,321 | 662,016 | 664,355 | 398,464 | -406,566 | 964,410 |
| Deferred Taxes & Provisions | -36,000 | 89,579 | 59,312 | -4,033 | -65,162 | 24,212 | 109,092 | |
| Cash flow from operations | -7,285,000 | 891,000 | 1,222,920,949 | 1,347,799 | 6,184,151 | 467,032 | 346,965 | |
| Investing Activities | ||||||||
| capital expenditure | 220,000 | 21,000 | 7,000 | -1,887,038 | -230,386 | 231,720 | 327,961 | -294,746 |
| Change in Investments | ||||||||
| cash flow from investments | 220,000 | 21,000 | 7,000 | -1,887,038 | -230,386 | 231,720 | 327,961 | -294,746 |
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | 750,000 | |||||||
| Long term loans | 133,000 | |||||||
| Hire Purchase and Lease Commitments | 3,758,000 | 1,210,000 | 2,065,679 | 872,398 | 631,136 | -296,758 | -214,232 | 1,435,777 |
| other long term liabilities | -143,650 | 143,650 | ||||||
| share issue | ||||||||
| interest | -459,000 | -213,000 | -151,000 | -96,630 | -64,037 | -61,852 | -177,564 | -63,835 |
| cash flow from financing | 12,608,000 | 997,000 | 1,813,507 | 632,119 | 710,749 | -358,610 | -268,706 | 2,319,858 |
| cash and cash equivalents | ||||||||
| cash | -925,000 | 1,967,976 | -481,767 | 802,990 | 652,062 | -20,300 | 21,039 | |
| overdraft | 2,838,000 | -331,244 | 130,775 | 200,469 | ||||
| change in cash | -2,838,000 | -925,000 | 1,967,976 | -481,767 | 802,990 | 983,306 | -151,075 | -179,430 |
aspin construction group limited Credit Report and Business Information
Aspin Construction Group Limited Competitor Analysis
Perform a competitor analysis for aspin construction group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in HP2 area or any other competitors across 12 key performance metrics.
aspin construction group limited Ownership
ASPIN CONSTRUCTION GROUP LIMITED group structure
Aspin Construction Group Limited has 7 subsidiary companies.
Ultimate parent company
ASPIN CONSTRUCTION GROUP LIMITED
04293636
7 subsidiaries
aspin construction group limited directors
Aspin Construction Group Limited currently has 3 directors. The longest serving directors include Mr Matt Meehan (Feb 2018) and Mr Dimitri Korvyakov (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matt Meehan | England | 67 years | Feb 2018 | - | Director |
| Mr Dimitri Korvyakov | England | 49 years | Feb 2018 | - | Director |
| Mr Thomas Wood | United States | 53 years | Feb 2018 | - | Director |
P&L
January 2018turnover
45.8m
0%
operating profit
-9.3m
0%
gross margin
1.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2018net assets
-1.2m
0%
total assets
12.7m
0%
cash
0
0%
net assets
Total assets minus all liabilities
aspin construction group limited company details
company number
04293636
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2018
previous names
aspin group limited (October 2017)
aspin group plc (February 2015)
See moreaccountant
-
auditor
-
address
nexus house boundary way, hemel hempstead industrial estat, hemel hempstead, HP2 7SJ
Bank
-
Legal Advisor
-
aspin construction 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 4 charges/mortgages relating to aspin construction group limited. Currently there are 2 open charges and 2 have been satisfied in the past.
aspin construction 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 ASPIN CONSTRUCTION GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
aspin construction group limited Companies House Filings - See Documents
| date | description | view/download |
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