abbey funeral services limited

abbey funeral services limited Company Information

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Company Number

04476014

Industry

Funeral and related activities

 

Shareholders

christine elizabeth parker

elvin james parker

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Group Structure

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Contact

Registered Address

173 high street, tonbridge, kent, TN9 1BX

abbey funeral services limited Estimated Valuation

£607.6k

Pomanda estimates the enterprise value of ABBEY FUNERAL SERVICES LIMITED at £607.6k based on a Turnover of £1.1m and 0.57x industry multiple (adjusted for size and gross margin).

abbey funeral services limited Estimated Valuation

£74.4k

Pomanda estimates the enterprise value of ABBEY FUNERAL SERVICES LIMITED at £74.4k based on an EBITDA of £19.3k and a 3.86x industry multiple (adjusted for size and gross margin).

abbey funeral services limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of ABBEY FUNERAL SERVICES LIMITED at £1.3m based on Net Assets of £481.6k and 2.77x industry multiple (adjusted for liquidity).

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Abbey Funeral Services Limited Overview

Abbey Funeral Services Limited is a live company located in kent, TN9 1BX with a Companies House number of 04476014. It operates in the funeral and related activities sector, SIC Code 96030. Founded in July 2002, it's largest shareholder is christine elizabeth parker with a 45% stake. Abbey Funeral Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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Abbey Funeral Services Limited Health Check

Pomanda's financial health check has awarded Abbey Funeral Services Limited a 3.5 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 Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.1m)

£1.1m - Abbey Funeral Services Limited

£2.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.1%)

7% - Abbey Funeral Services Limited

4.1% - Industry AVG

production

Production

with a gross margin of 56.1%, this company has a comparable cost of product (56.1%)

56.1% - Abbey Funeral Services Limited

56.1% - Industry AVG

profitability

Profitability

an operating margin of -0.8% make it less profitable than the average company (11.2%)

-0.8% - Abbey Funeral Services Limited

11.2% - Industry AVG

employees

Employees

with 14 employees, this is below the industry average (28)

14 - Abbey Funeral Services Limited

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.2k, the company has an equivalent pay structure (£32.2k)

£32.2k - Abbey Funeral Services Limited

£32.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.9k, this is less efficient (£110k)

£75.9k - Abbey Funeral Services Limited

£110k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is near the average (21 days)

19 days - Abbey Funeral Services Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (29 days)

19 days - Abbey Funeral Services Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is more than average (6 days)

10 days - Abbey Funeral Services Limited

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (20 weeks)

72 weeks - Abbey Funeral Services Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.7%, this is a lower level of debt than the average (41.8%)

28.7% - Abbey Funeral Services Limited

41.8% - Industry AVG

ABBEY FUNERAL SERVICES LIMITED financials

EXPORTms excel logo

Abbey Funeral Services Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £481.6 thousand. According to their latest financial statements, Abbey Funeral Services Limited has 14 employees and maintains cash reserves of £241.9 thousand 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
Turnover1,063,2771,011,7581,297,703873,491697,830660,079778,531716,469698,299625,385244,488411,866303,304381,526356,260
Other Income Or Grants000000000000000
Cost Of Sales466,695445,644515,683362,811326,000310,356366,355341,079318,091292,283117,418204,147146,837181,558168,634
Gross Profit596,583566,114782,020510,680371,830349,723412,176375,390380,208333,101127,070207,718156,466199,968187,626
Admin Expenses605,271629,073693,462439,794396,778352,787269,257297,124360,512286,519113,821171,950143,664156,26332,138
Operating Profit-8,688-62,95988,55870,886-24,948-3,064142,91978,26619,69646,58213,24935,76812,80243,705155,488
Interest Payable000031041973608632000000
Interest Receivable12,81212,1682,3092622391,8401,08838053254261559043424885
Pre-Tax Profit4,124-50,79190,86771,148-25,019-1,643143,93578,03819,59647,12413,86436,35813,23643,953155,574
Tax-1,0310-17,265-13,51800-27,348-15,607-3,919-9,896-3,189-8,726-3,441-12,307-43,561
Profit After Tax3,093-50,79173,60257,630-25,019-1,643116,58762,43015,67737,22810,67527,6329,79531,646112,013
Dividends Paid000000000000000
Retained Profit3,093-50,79173,60257,630-25,019-1,643116,58762,43015,67737,22810,67527,6329,79531,646112,013
Employee Costs451,434419,780453,413450,883361,572360,502331,212328,057324,610202,19571,449143,33289,932137,997117,770
Number Of Employees141415151313121212836465
EBITDA*19,277-29,729125,849114,9965,957-3,064180,540109,62248,44663,99631,33862,71347,55978,481191,775

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets221,153118,01470,81558,56485,779111,484115,85279,43165,96628,01332,9275,77119,49834,83157,107
Intangible Assets006,25018,75031,25043,75056,25068,75081,25093,750106,250118,750131,250143,750156,250
Investments & Other000000000000000
Debtors (Due After 1 year)5,0005,0005,0005,0005,0005,0005,0005,00010,00010,0005,0005,000000
Total Fixed Assets226,153123,01482,06582,314122,029160,234177,102153,181157,216131,763144,177129,521150,748178,581213,357
Stock & work in progress13,28217,50913,8229,3473,2343,6553,0442,9682,3643,3602,1672,5612,7501,6502,750
Trade Debtors57,04960,30389,23744,83232,95226,63449,20145,32948,35858,71816,54136,57226,60638,47834,956
Group Debtors000000000000000
Misc Debtors137,193109,722131,905117,14951,99364,11582,52218,6573,586000000
Cash241,947246,137326,495289,217234,374244,289246,340188,948114,73698,151118,520127,525108,40865,20534,072
misc current assets000000000000000
total current assets449,471433,671561,459460,545322,553338,693381,107255,902169,044160,229137,228166,658137,764105,33371,778
total assets675,624556,685643,524542,859444,582498,927558,209409,083326,260291,992281,405296,179288,512283,914285,135
Bank overdraft0000010,1762,242019,448000000
Bank loan000000000000000
Trade Creditors 25,28218,46620,84711,0416,71613,35629,9339,49391052,56279,28472,58064,50864,62044,759
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities148,02449,47593,42476,16739,84550,84896,96791,49451,875000000
total current liabilities173,30667,941114,27187,20846,56174,380129,142100,98772,23352,56279,28472,58064,50864,62044,759
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000008,3619,4419,36041,51369,55074,635127,363
provisions20,76310,2820001,5074,38400000000
total long term liabilities20,76310,2820001,5074,38408,3619,4419,36041,51369,55074,635127,363
total liabilities194,06978,223114,27187,20846,56175,887133,526100,98780,59462,00388,644114,093134,058139,255172,122
net assets481,555478,462529,253455,651398,021423,040424,683308,096245,666229,989192,761182,086154,454144,659113,013
total shareholders funds481,555478,462529,253455,651398,021423,040424,683308,096245,666229,989192,761182,086154,454144,659113,013
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-8,688-62,95988,55870,886-24,948-3,064142,91978,26619,69646,58213,24935,76812,80243,705155,488
Depreciation27,96526,98024,79131,61030,905025,12118,85616,2504,9145,58914,44522,25722,27623,787
Amortisation06,25012,50012,5000012,50012,50012,50012,50012,50012,50012,50012,50012,500
Tax-1,0310-17,265-13,51800-27,348-15,607-3,919-9,896-3,189-8,726-3,441-12,307-43,561
Stock-4,2273,6874,4756,113-42161176604-9961,193-394-1891,100-1,1002,750
Debtors24,217-51,11759,16177,036-5,804-40,97467,7377,042-6,77447,177-20,03114,966-11,8723,52234,956
Creditors6,816-2,3819,8064,325-6,640-16,57720,4408,583-51,652-26,7226,7048,072-11219,86144,759
Accruals and Deferred Income98,549-43,94917,25736,322-11,003-46,1195,47339,61951,875000000
Deferred Taxes & Provisions10,48110,28200-1,507-2,8774,38400000000
Cash flow from operations114,102-18,34772,01158,976-6,968-28,274115,676134,57152,520-20,99255,27847,28254,77883,613155,267
Investing Activities
capital expenditure-131,104-74,179-37,042-4,3957,30016,868-61,542-32,321-54,2030-32,745-718-6,9240-249,644
Change in Investments000000000000000
cash flow from investments-131,104-74,179-37,042-4,3957,30016,868-61,542-32,321-54,2030-32,745-718-6,9240-249,644
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000-8,361-1,08081-32,153-28,037-5,085-52,728127,363
share issue000000000000001,000
interest12,81212,1682,309262-711,4211,015-228-10054261559043424885
cash flow from financing12,81212,1682,309262-711,4211,015-8,589-1,180623-31,538-27,447-4,651-52,480128,448
cash and cash equivalents
cash-4,190-80,35837,27854,843-9,915-2,05157,39274,21216,585-20,369-9,00519,11743,20331,13334,072
overdraft0000-10,1767,9342,242-19,44819,448000000
change in cash-4,190-80,35837,27854,843261-9,98555,15093,660-2,863-20,369-9,00519,11743,20331,13334,072

abbey funeral services 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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Abbey Funeral Services Limited Competitor Analysis

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Perform a competitor analysis for abbey funeral services limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in TN9 area or any other competitors across 12 key performance metrics.

abbey funeral services limited Ownership

ABBEY FUNERAL SERVICES LIMITED group structure

Abbey Funeral Services Limited has no subsidiary companies.

Ultimate parent company

ABBEY FUNERAL SERVICES LIMITED

04476014

ABBEY FUNERAL SERVICES LIMITED Shareholders

christine elizabeth parker 45%
elvin james parker 45%
joanne elizabeth prescott 10%

abbey funeral services limited directors

Abbey Funeral Services Limited currently has 3 directors. The longest serving directors include Mrs Christine Parker (Jul 2002) and Mr Elvin Parker (Jul 2002).

officercountryagestartendrole
Mrs Christine ParkerEngland78 years Jul 2002- Director
Mr Elvin ParkerUnited Kingdom84 years Jul 2002- Director
Ms Joanne PrescottEngland53 years Jul 2002- Director

P&L

March 2024

turnover

1.1m

+5%

operating profit

-8.7k

0%

gross margin

56.2%

+0.28%

turnover

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

Balance Sheet

March 2024

net assets

481.6k

+0.01%

total assets

675.6k

+0.21%

cash

241.9k

-0.02%

net assets

Total assets minus all liabilities

abbey funeral services limited company details

company number

04476014

Type

Private limited with Share Capital

industry

96030 - Funeral and related activities

incorporation date

July 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

173 high street, tonbridge, kent, TN9 1BX

Bank

-

Legal Advisor

-

abbey funeral services 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 abbey funeral services limited.

abbey funeral services 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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abbey funeral services limited Companies House Filings - See Documents

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