ashford prison services holdings limited

ashford prison services holdings limited Company Information

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Company Number

04334199

Industry

Justice and judicial activities

 

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Directors

Mark Priday

Stuart Carter

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Shareholders

dalmore capital (para 2) ltd

pfi custodial (holdings) ltd

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Group Structure

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Contact

Registered Address

1 park row, leeds, LS1 5AB

Website

-

ashford prison services holdings limited Estimated Valuation

£40.5m

Pomanda estimates the enterprise value of ASHFORD PRISON SERVICES HOLDINGS LIMITED at £40.5m based on a Turnover of £40.9m and 0.99x industry multiple (adjusted for size and gross margin).

ashford prison services holdings limited Estimated Valuation

£19m

Pomanda estimates the enterprise value of ASHFORD PRISON SERVICES HOLDINGS LIMITED at £19m based on an EBITDA of £3.8m and a 5.03x industry multiple (adjusted for size and gross margin).

ashford prison services holdings limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of ASHFORD PRISON SERVICES HOLDINGS LIMITED at £4.4m based on Net Assets of £2.4m and 1.85x industry multiple (adjusted for liquidity).

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Ashford Prison Services Holdings Limited Overview

Ashford Prison Services Holdings Limited is a live company located in leeds, LS1 5AB with a Companies House number of 04334199. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2001, it's largest shareholder is dalmore capital (para 2) ltd with a 51.7% stake. Ashford Prison Services Holdings Limited is a mature, large sized company, Pomanda has estimated its turnover at £40.9m with low growth in recent years.

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Ashford Prison Services Holdings Limited Health Check

Pomanda's financial health check has awarded Ashford Prison Services Holdings Limited a 3 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 Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £40.9m, make it larger than the average company (£10.5m)

£40.9m - Ashford Prison Services Holdings Limited

£10.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.9%)

4% - Ashford Prison Services Holdings Limited

7.9% - Industry AVG

production

Production

with a gross margin of 10.3%, this company has a higher cost of product (42.1%)

10.3% - Ashford Prison Services Holdings Limited

42.1% - Industry AVG

profitability

Profitability

an operating margin of 9.1% make it more profitable than the average company (4.3%)

9.1% - Ashford Prison Services Holdings Limited

4.3% - Industry AVG

employees

Employees

with 401 employees, this is above the industry average (70)

401 - Ashford Prison Services Holdings Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)

£39.8k - Ashford Prison Services Holdings Limited

£39.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £102k, this is less efficient (£130.9k)

£102k - Ashford Prison Services Holdings Limited

£130.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (30 days)

7 days - Ashford Prison Services Holdings Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (28 days)

16 days - Ashford Prison Services Holdings Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ashford Prison Services Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (55 weeks)

16 weeks - Ashford Prison Services Holdings Limited

55 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (48.7%)

93.2% - Ashford Prison Services Holdings Limited

48.7% - Industry AVG

ASHFORD PRISON SERVICES HOLDINGS LIMITED financials

EXPORTms excel logo

Ashford Prison Services Holdings Limited's latest turnover from March 2024 is £40.9 million and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Ashford Prison Services Holdings Limited has 401 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover40,893,00039,087,00034,769,00036,440,00033,375,00031,519,00029,806,00027,601,00026,034,00026,225,00025,503,00024,347,00023,243,00022,139,00019,255,000
Other Income Or Grants000000000000000
Cost Of Sales36,668,00035,144,00031,431,00032,322,00031,036,00029,235,00027,656,00025,490,00024,135,00024,455,00023,995,00022,916,00021,874,00020,741,00018,302,000
Gross Profit4,225,0003,943,0003,338,0004,118,0002,339,0002,284,0002,150,0002,111,0001,899,0001,770,0001,508,0001,431,0001,369,0001,398,000953,000
Admin Expenses511,000485,000456,000827,000447,000441,000427,000456,000429,000412,000271,000184,000368,000201,000200,000
Operating Profit3,714,0003,458,0002,882,0003,291,0001,892,0001,843,0001,723,0001,655,0001,470,0001,358,0001,237,0001,247,0001,001,0001,197,000753,000
Interest Payable1,806,0002,131,0002,462,0002,714,0002,836,0003,021,0003,226,0003,421,0003,588,0003,726,0003,883,0003,961,0004,055,0004,115,0004,161,000
Interest Receivable2,050,0002,159,0002,351,0002,561,0002,758,0002,896,0003,024,0003,144,0003,271,0003,354,0003,448,0003,537,0003,625,0003,679,0003,733,000
Pre-Tax Profit3,958,0003,486,0002,771,0003,138,0001,814,0001,718,0001,521,0001,378,0001,153,000986,000802,000823,000571,000761,000325,000
Tax-1,114,000-978,000-1,703,000-436,000-801,000-400,000-356,000-241,000-146,000-277,000-95,000-235,000-168,000-289,000-69,000
Profit After Tax2,844,0002,508,0001,068,0002,702,0001,013,0001,318,0001,165,0001,137,0001,007,000709,000707,000588,000403,000472,000256,000
Dividends Paid2,337,0001,254,0002,353,0004,388,0000150,000644,000602,000624,000538,000450,000750,000246,00000
Retained Profit507,0001,254,000-1,285,000-1,686,0001,013,0001,168,000521,000535,000383,000171,000257,000-162,000157,000472,000256,000
Employee Costs15,971,84015,318,86314,017,886000011,009,69111,759,99909,056,3869,449,4959,263,6518,639,8217,213,428
Number Of Employees401413395437399361337321376411315326297280233
EBITDA*3,781,0003,536,0002,972,0003,392,0002,004,0001,966,0001,858,0001,802,0001,627,0001,358,0001,237,0001,247,0001,001,0001,197,000753,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000000
Intangible Assets164,000231,000309,000399,000500,000612,000735,000870,0001,017,0001,174,0001,300,0001,300,000000
Investments & Other000000000000000
Debtors (Due After 1 year)20,790,00026,088,00030,221,00037,486,00039,025,00041,583,00044,070,00046,702,00049,369,00051,895,00052,199,00053,695,00054,938,00056,207,00057,386,000
Total Fixed Assets20,954,00026,319,00030,530,00037,885,00039,525,00042,195,00044,805,00047,572,00050,386,00053,069,00053,499,00054,995,00054,938,00056,207,00057,386,000
Stock & work in progress000000000000000
Trade Debtors865,00023,000122,000542,000609,0003,540,0003,248,0003,366,0003,256,0003,264,0003,083,0003,236,0003,080,0002,863,0002,430,000
Group Debtors00000000087,00000000
Misc Debtors9,511,0008,186,0009,028,0006,347,0007,565,0002,926,0002,546,0002,415,0002,238,0001,690,0001,674,0001,426,0001,404,0001,614,0001,394,000
Cash3,494,0005,343,0003,182,0003,544,0006,457,0004,572,0003,797,0003,855,0003,554,0002,810,0002,708,0002,988,0004,527,0004,157,0003,118,000
misc current assets000000000000000
total current assets13,870,00013,552,00012,332,00010,433,00014,631,00011,038,0009,591,0009,636,0009,048,0007,851,0007,465,0007,650,0009,011,0008,634,0006,942,000
total assets34,824,00039,871,00042,862,00048,318,00054,156,00053,233,00054,396,00057,208,00059,434,00060,920,00060,964,00062,645,00063,949,00064,841,00064,328,000
Bank overdraft000000000000000
Bank loan5,323,0004,636,0004,137,0003,485,00037,155,00039,426,0003,098,0002,767,0002,368,0001,939,0001,651,0001,463,0001,428,0001,187,000899,000
Trade Creditors 1,626,0003,458,00061,000890,000198,0008,00004,0000165,0000329,000152,000504,0001,000
Group/Directors Accounts610,000407,000407,0002,686,0003,304,0003,015,0002,996,0003,176,0003,107,0002,769,0002,737,0002,724,0002,299,0002,136,0001,854,000
other short term finances0224,0001,069,0001,664,00000000000000
hp & lease commitments000000000000000
other current liabilities3,709,0001,721,0003,911,000668,000751,0001,454,000965,0001,136,000995,000560,000577,000506,000570,000473,000607,000
total current liabilities11,268,00010,446,0009,585,0009,393,00041,408,00043,903,0007,059,0007,083,0006,470,0005,433,0004,965,0005,022,0004,449,0004,300,0003,361,000
loans17,772,00023,773,00030,018,00037,051,00011,070,00011,637,00052,029,00058,282,00049,479,00052,022,00054,271,00056,246,00058,194,00059,622,00060,809,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000001,120,000583,000012,806,00013,338,00000000
provisions3,407,0004,001,0004,549,0003,767,0003,317,000000001,102,0001,008,000775,000545,000256,000
total long term liabilities21,179,00027,774,00034,567,00040,818,00014,387,00012,757,00052,612,00058,282,00062,285,00065,360,00055,373,00057,254,00058,969,00060,167,00061,065,000
total liabilities32,447,00038,220,00044,152,00050,211,00055,795,00056,660,00059,671,00065,365,00068,755,00070,793,00060,338,00062,276,00063,418,00064,467,00064,426,000
net assets2,377,0001,651,000-1,290,000-1,893,000-1,639,000-3,427,000-5,275,000-8,157,000-9,321,000-9,873,000626,000369,000531,000374,000-98,000
total shareholders funds2,377,0001,651,000-1,290,000-1,893,000-1,639,000-3,427,000-5,275,000-8,157,000-9,321,000-9,873,000626,000369,000531,000374,000-98,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,714,0003,458,0002,882,0003,291,0001,892,0001,843,0001,723,0001,655,0001,470,0001,358,0001,237,0001,247,0001,001,0001,197,000753,000
Depreciation000000000000000
Amortisation67,00078,00090,000101,000112,000123,000135,000147,000157,000000000
Tax-1,114,000-978,000-1,703,000-436,000-801,000-400,000-356,000-241,000-146,000-277,000-95,000-235,000-168,000-289,000-69,000
Stock000000000000000
Debtors-3,131,000-5,074,000-5,004,000-2,824,000-850,000-1,815,000-2,619,000-2,380,000-2,073,000-20,000-1,401,000-1,065,000-1,262,000-526,00061,210,000
Creditors-1,832,0003,397,000-829,000692,000190,0008,000-4,0004,000-165,000165,000-329,000177,000-352,000503,0001,000
Accruals and Deferred Income1,988,000-2,190,0003,243,000-83,000-703,000489,000-171,000141,000435,000-17,00071,000-64,00097,000-134,000607,000
Deferred Taxes & Provisions-594,000-548,000782,000450,0003,317,0000000-1,102,00094,000233,000230,000289,000256,000
Cash flow from operations5,360,0008,291,0009,469,0006,839,0004,857,0003,878,0003,946,0004,086,0003,824,000147,0002,379,0002,423,0002,070,0002,092,000-59,662,000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans687,000499,000652,000-33,670,000-2,271,00036,328,000331,000399,000429,000288,000188,00035,000241,000288,000899,000
Group/Directors Accounts203,0000-2,279,000-618,000289,00019,000-180,00069,000338,00032,00013,000425,000163,000282,0001,854,000
Other Short Term Loans -224,000-845,000-595,0001,664,00000000000000
Long term loans-6,001,000-6,245,000-7,033,00025,981,000-567,000-40,392,000-6,253,0008,803,000-2,543,000-2,249,000-1,975,000-1,948,000-1,428,000-1,187,00060,809,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000-1,120,000537,000583,000-12,806,000-532,00013,338,00000000
share issue219,0001,687,0001,888,0001,432,000775,000680,0002,361,000629,000169,000-10,670,0000000-354,000
interest244,00028,000-111,000-153,000-78,000-125,000-202,000-277,000-317,000-372,000-435,000-424,000-430,000-436,000-428,000
cash flow from financing-4,872,000-4,876,000-7,478,000-5,364,000-2,972,000-2,953,000-3,360,000-3,183,000-2,456,000367,000-2,209,000-1,912,000-1,454,000-1,053,00062,780,000
cash and cash equivalents
cash-1,849,0002,161,000-362,000-2,913,0001,885,000775,000-58,000301,000744,000102,000-280,000-1,539,000370,0001,039,0003,118,000
overdraft000000000000000
change in cash-1,849,0002,161,000-362,000-2,913,0001,885,000775,000-58,000301,000744,000102,000-280,000-1,539,000370,0001,039,0003,118,000

ashford prison services holdings 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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Ashford Prison Services Holdings Limited Competitor Analysis

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Perform a competitor analysis for ashford prison services holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in LS1 area or any other competitors across 12 key performance metrics.

ashford prison services holdings limited Ownership

ASHFORD PRISON SERVICES HOLDINGS LIMITED group structure

Ashford Prison Services Holdings Limited has 1 subsidiary company.

Ultimate parent company

ASHFORD PRISON SERVICES HOLDINGS LIMITED

04334199

1 subsidiary

ASHFORD PRISON SERVICES HOLDINGS LIMITED Shareholders

dalmore capital (para 2) ltd 51.67%
pfi custodial (holdings) ltd 33.33%
sodexo investment services ltd 15%

ashford prison services holdings limited directors

Ashford Prison Services Holdings Limited currently has 5 directors. The longest serving directors include Mr Mark Priday (Mar 2004) and Mr Stuart Carter (Oct 2017).

officercountryagestartendrole
Mr Mark PridayEngland55 years Mar 2004- Director
Mr Stuart CarterEngland59 years Oct 2017- Director
Mr Jonathan Cowdell58 years Aug 2018- Director
Mr Kevin CunninghamUnited Kingdom43 years Sep 2020- Director
Mr Matthew TempletonEngland51 years Jun 2022- Director

P&L

March 2024

turnover

40.9m

+5%

operating profit

3.7m

+7%

gross margin

10.4%

+2.42%

turnover

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

Balance Sheet

March 2024

net assets

2.4m

+0.44%

total assets

34.8m

-0.13%

cash

3.5m

-0.35%

net assets

Total assets minus all liabilities

ashford prison services holdings limited company details

company number

04334199

Type

Private limited with Share Capital

industry

84230 - Justice and judicial activities

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

December 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

greycircle limited (January 2002)

accountant

-

auditor

JOHNSTON CARMICHAEL LLP

address

1 park row, leeds, LS1 5AB

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

ashford prison services holdings 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 ashford prison services holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.

ashford prison services holdings 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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ashford prison services holdings limited Companies House Filings - See Documents

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