acedent limited

acedent limited Company Information

Share ACEDENT LIMITED
Live 
MatureSmallDeclining

Company Number

04449365

Industry

Maintenance and repair of motor vehicles

 

Directors

Avtar Panesar

Shareholders

avneet panesar

avtar panesar

View All

Group Structure

View All

Contact

Registered Address

416 green lane, ilford, essex, IG3 9JX

acedent limited Estimated Valuation

£203.4k

Pomanda estimates the enterprise value of ACEDENT LIMITED at £203.4k based on a Turnover of £916.7k and 0.22x industry multiple (adjusted for size and gross margin).

acedent limited Estimated Valuation

£85.4k

Pomanda estimates the enterprise value of ACEDENT LIMITED at £85.4k based on an EBITDA of £30.1k and a 2.84x industry multiple (adjusted for size and gross margin).

acedent limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ACEDENT LIMITED at £0 based on Net Assets of £-396.4k and 2.93x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Acedent Limited Overview

Acedent Limited is a live company located in essex, IG3 9JX with a Companies House number of 04449365. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in May 2002, it's largest shareholder is avneet panesar with a 25% stake. Acedent Limited is a mature, small sized company, Pomanda has estimated its turnover at £916.7k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Acedent Limited Health Check

Pomanda's financial health check has awarded Acedent Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £916.7k, make it larger than the average company (£362.7k)

£916.7k - Acedent Limited

£362.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (7.9%)

-8% - Acedent Limited

7.9% - Industry AVG

production

Production

with a gross margin of 24.2%, this company has a higher cost of product (36.4%)

24.2% - Acedent Limited

36.4% - Industry AVG

profitability

Profitability

an operating margin of 3.3% make it less profitable than the average company (5.8%)

3.3% - Acedent Limited

5.8% - Industry AVG

employees

Employees

with 25 employees, this is above the industry average (5)

25 - Acedent Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)

£26.4k - Acedent Limited

£26.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £36.7k, this is less efficient (£95.9k)

£36.7k - Acedent Limited

£95.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is near the average (35 days)

31 days - Acedent Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 124 days, this is slower than average (38 days)

124 days - Acedent Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Acedent Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Acedent Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 329.5%, this is a higher level of debt than the average (67.2%)

329.5% - Acedent Limited

67.2% - Industry AVG

ACEDENT LIMITED financials

EXPORTms excel logo

Acedent Limited's latest turnover from November 2023 is estimated at £916.7 thousand and the company has net assets of -£396.4 thousand. According to their latest financial statements, Acedent Limited has 25 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover916,723962,3761,769,9851,192,3072,326,3333,031,2022,590,3791,573,4121,182,3381,656,535689,3411,858,2601,384,1621,548,3820
Other Income Or Grants000000000000000
Cost Of Sales694,569740,2101,365,594908,4001,743,3602,217,0261,858,5611,126,416872,0521,203,165491,5291,322,644980,2491,070,8570
Gross Profit222,154222,165404,391283,907582,973814,175731,818446,996310,286453,370197,812535,616403,913477,5240
Admin Expenses192,101324,907457,077587,104751,041806,647696,798390,261447,406254,741136,863714,799991,333472,912-1,133,559
Operating Profit30,053-102,742-52,686-303,197-168,0687,52835,02056,735-137,120198,62960,949-179,183-587,4204,6121,133,559
Interest Payable000000000000000
Interest Receivable00482271,33702632886107034516071,5882,2741,249
Pre-Tax Profit30,053-102,742-52,638-302,970-166,7317,52835,28457,024-136,510199,33261,400-178,576-585,8326,8861,134,808
Tax-7,5130000-1,430-6,704-11,4050-41,860-14,12200-1,928-317,746
Profit After Tax22,540-102,742-52,638-302,970-166,7316,09828,58045,619-136,510157,47247,278-178,576-585,8324,958817,062
Dividends Paid000000000000000
Retained Profit22,540-102,742-52,638-302,970-166,7316,09828,58045,619-136,510157,47247,278-178,576-585,8324,958817,062
Employee Costs660,229727,095671,931683,539881,121653,301560,197293,429186,313266,941105,863300,926219,801259,1230
Number Of Employees25312726322321117104129110
EBITDA*30,053-102,742-52,686-272,059-126,5517,52835,02056,735-117,113222,78660,949-179,183-575,95015,7391,148,394

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets93,908133,509115,27693,412124,55045,56024,64832,86543,82144,43159,80038,04234,40733,37744,504
Intangible Assets000000000000000
Investments & Other00000000007,5997,5997,5997,5997,599
Debtors (Due After 1 year)000000000000000
Total Fixed Assets93,908133,509115,27693,412124,55045,56024,64832,86543,82144,43167,39945,64142,00640,97652,103
Stock & work in progress000000000000000
Trade Debtors78,80673,638480,107206,151385,203701,224604,438324,016226,334332,01597,248311,823194,584293,747354,950
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00096,615356,45300105,393125,386118,520162,67417,638225,299409,970499,783
misc current assets000000000000146,122175,322149,752
total current assets78,80673,638480,107302,766741,656701,224604,438429,409351,720450,535259,922329,461566,005879,0391,004,485
total assets172,714207,147595,383396,178866,206746,784629,086462,274395,541494,966327,321375,102608,011920,0151,056,588
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 236,607238,800305,735293,533796,785540,635429,035290,703269,589232,504216,785317,390371,72397,895239,426
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities236,607238,800305,735293,533796,785540,635429,035290,703269,589232,504216,785317,390371,72397,895239,426
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities332,499387,279605,838366,09729,903000005,5460000
provisions000000000000000
total long term liabilities332,499387,279605,838366,09729,903000005,5460000
total liabilities569,106626,079911,573659,630826,688540,635429,035290,703269,589232,504222,331317,390371,72397,895239,426
net assets-396,392-418,932-316,190-263,45239,518206,149200,051171,571125,952262,462104,99057,712236,288822,120817,162
total shareholders funds-396,392-418,932-316,190-263,45239,518206,149200,051171,571125,952262,462104,99057,712236,288822,120817,162
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit30,053-102,742-52,686-303,197-168,0687,52835,02056,735-137,120198,62960,949-179,183-587,4204,6121,133,559
Depreciation00031,13841,51700020,00724,1570011,47011,12714,835
Amortisation000000000000000
Tax-7,5130000-1,430-6,704-11,4050-41,860-14,12200-1,928-317,746
Stock000000000000000
Debtors5,168-406,469273,956-179,052-316,02196,786280,42297,682-105,681234,767-214,575117,239-99,163-61,203354,950
Creditors-2,193-66,93512,202-503,252256,150111,600138,33221,11437,08515,719-100,605-54,333273,828-141,531239,426
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations15,179236,792-314,440-596,259445,62020,912-113,774-31,23825,653-38,122160,797-350,755-202,959-66,517715,124
Investing Activities
capital expenditure39,601-18,233-21,8640-120,507-20,9128,21710,956-19,397-8,788-21,758-3,635-12,5000-59,339
Change in Investments000000000-7,59900007,599
cash flow from investments39,601-18,233-21,8640-120,507-20,9128,21710,956-19,397-1,189-21,758-3,635-12,5000-66,938
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-54,780-218,559239,741336,19429,9030000-5,5465,5460000
share issue00-10001000-1000000000100
interest00482271,33702632886107034516071,5882,2741,249
cash flow from financing-54,780-218,559239,689336,42131,3400163288610-4,8435,9976071,5882,2741,349
cash and cash equivalents
cash00-96,615-259,838356,4530-105,393-19,9936,866-44,154145,036-207,661-184,671-89,813499,783
overdraft000000000000000
change in cash00-96,615-259,838356,4530-105,393-19,9936,866-44,154145,036-207,661-184,671-89,813499,783

acedent limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for acedent limited. Get real-time insights into acedent limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Acedent Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for acedent limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG3 area or any other competitors across 12 key performance metrics.

acedent limited Ownership

ACEDENT LIMITED group structure

Acedent Limited has no subsidiary companies.

Ultimate parent company

1 parent

ACEDENT LIMITED

04449365

ACEDENT LIMITED Shareholders

avneet panesar 25%
avtar panesar 25%
jasbir singh panesar 25%
rattan kaur panesar 25%

acedent limited directors

Acedent Limited currently has 1 director, Avtar Panesar serving since Mar 2005.

officercountryagestartendrole
Avtar Panesar45 years Mar 2005- Director

P&L

November 2023

turnover

916.7k

-5%

operating profit

30.1k

0%

gross margin

24.3%

+4.97%

turnover

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

Balance Sheet

November 2023

net assets

-396.4k

-0.05%

total assets

172.7k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

acedent limited company details

company number

04449365

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

May 2002

age

22

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

416 green lane, ilford, essex, IG3 9JX

Bank

-

Legal Advisor

-

acedent 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 did not find charges/mortgages relating to acedent limited.

charges

acedent limited Companies House Filings - See Documents

datedescriptionview/download