altham limited

altham limited Company Information

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Company Number

04636244

Industry

Wholesale of textiles

 

Shareholders

mr nigel keith altham

pamela mander

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Group Structure

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Contact

Registered Address

the straw barn, upton end farm business park, me, hitchin, hertfordshire, SG5 3PF

altham limited Estimated Valuation

£83.4k

Pomanda estimates the enterprise value of ALTHAM LIMITED at £83.4k based on a Turnover of £303.4k and 0.28x industry multiple (adjusted for size and gross margin).

altham limited Estimated Valuation

£1.5k

Pomanda estimates the enterprise value of ALTHAM LIMITED at £1.5k based on an EBITDA of £341 and a 4.25x industry multiple (adjusted for size and gross margin).

altham limited Estimated Valuation

£15.5k

Pomanda estimates the enterprise value of ALTHAM LIMITED at £15.5k based on Net Assets of £11.1k and 1.4x industry multiple (adjusted for liquidity).

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Altham Limited Overview

Altham Limited is a live company located in hitchin, SG5 3PF with a Companies House number of 04636244. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in January 2003, it's largest shareholder is mr nigel keith altham with a 34% stake. Altham Limited is a mature, micro sized company, Pomanda has estimated its turnover at £303.4k with healthy growth in recent years.

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Altham Limited Health Check

Pomanda's financial health check has awarded Altham Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £303.4k, make it smaller than the average company (£16.6m)

£303.4k - Altham Limited

£16.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (5.7%)

12% - Altham Limited

5.7% - Industry AVG

production

Production

with a gross margin of 29%, this company has a comparable cost of product (29%)

29% - Altham Limited

29% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (3.3%)

0.1% - Altham Limited

3.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (47)

2 - Altham Limited

47 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)

£42.3k - Altham Limited

£42.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £151.7k, this is less efficient (£320.9k)

£151.7k - Altham Limited

£320.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Altham Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Altham Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (121 days)

2 days - Altham Limited

121 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 618 weeks, this is more cash available to meet short term requirements (6 weeks)

618 weeks - Altham Limited

6 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.2%, this is a lower level of debt than the average (55.2%)

48.2% - Altham Limited

55.2% - Industry AVG

ALTHAM LIMITED financials

EXPORTms excel logo

Altham Limited's latest turnover from January 2024 is estimated at £303.4 thousand and the company has net assets of £11.1 thousand. According to their latest financial statements, Altham Limited has 2 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover303,408595,032518,616218,423573,877716,888261,814082,15976,02350,55245,98433,84634,822
Other Income Or Grants000000000000000
Cost Of Sales215,556428,506375,351160,050420,197512,356194,068061,43457,07738,24034,51425,31725,860
Gross Profit87,852166,526143,26558,373153,67924,53267,746020,72518,94612,31111,4698,5298,962
Admin Expenses87,511167,312127,11461,034153,225-1,5382,04663,58463719,40619,07213,23415,6887,6038,346
Operating Profit341-78616,151-2,6614541,5402,4864,162-6371,319-126-923-4,219926616
Interest Payable1,12595062530500000000000
Interest Receivable26029626841301758943441
Pre-Tax Profit-524-1,44015,552-2,9584951,5702,5024,168-6291,328-122-920-4,215931617
Tax00-2,9550-94-298-475-8330-279000-261-173
Profit After Tax-524-1,44012,597-2,9584011,2722,0273,334-6291,049-122-920-4,215670444
Dividends Paid000000000000000
Retained Profit-524-1,44012,597-2,9584011,2722,0273,334-6291,049-122-920-4,215670444
Employee Costs84,62783,80373,68672,91174,06235,22334,42370,703032,73532,40432,18332,32828,72929,433
Number Of Employees222221120111111
EBITDA*341-78616,151-2,6614541,5402,4864,162-6371,319-126-923-4,219926616

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other0004,9574,9574,9574,9574,9574,9574,9574,9570000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets0004,9574,9574,9574,9574,9574,9574,9574,9570000
Stock & work in progress1,60900000000000000
Trade Debtors0000002,70000005,2145,2145,2145,214
Group Debtors000000000000000
Misc Debtors15,65215,65215,6520715716000000000
Cash3,8086,07910,84310,2215,6895,1592,9723,7545822,6028338122711,410295
misc current assets3373380000001000000
total current assets21,40622,06926,49510,2216,4045,8755,6723,7545832,6028336,0265,4856,6245,509
total assets21,40622,06926,49515,17811,36110,83210,6298,7115,5407,5595,7906,0265,4856,6245,509
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00010101010,5539,8339,9818,4865,4104,965
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3204593,4454,7247,9507,8218,8918,9999,163000000
total current liabilities3204593,4454,7257,9507,8228,8919,0009,16310,5539,8339,9818,4865,4104,965
loans10,00010,00010,00010,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities10,00010,00010,00010,00000000000000
total liabilities10,32010,45913,44514,7257,9507,8228,8919,0009,16310,5539,8339,9818,4865,4104,965
net assets11,08611,61013,0504533,4113,0101,738-289-3,623-2,994-4,043-3,955-3,0011,214544
total shareholders funds11,08611,61013,0504533,4113,0101,738-289-3,623-2,994-4,043-3,955-3,0011,214544
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit341-78616,151-2,6614541,5402,4864,162-6371,319-126-923-4,219926616
Depreciation000000000000000
Amortisation000000000000000
Tax00-2,9550-94-298-475-8330-279000-261-173
Stock1,60900000000000000
Debtors0015,652-715-1-1,9842,700000-5,2140005,214
Creditors00-11-11-11-10,553720-1481,4953,0764454,965
Accruals and Deferred Income-139-2,986-1,279-3,226129-1,070-108-1649,163000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-1,407-3,772-3,736-5,1714892,157-7983,166-2,0271,7604,940572-1,1431,110194
Investing Activities
capital expenditure000000000000000
Change in Investments00-4,95700000004,9570000
cash flow from investments004,9570000000-4,9570000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans00010,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000034-3400100
interest-865-654-599-29741301758943441
cash flow from financing-865-654-5999,70341301758938-3144101
cash and cash equivalents
cash-2,271-4,7646224,5325302,187-7823,172-2,0201,76921541-1,1391,115295
overdraft000000000000000
change in cash-2,271-4,7646224,5325302,187-7823,172-2,0201,76921541-1,1391,115295

altham 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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Altham Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for altham limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in SG5 area or any other competitors across 12 key performance metrics.

altham limited Ownership

ALTHAM LIMITED group structure

Altham Limited has no subsidiary companies.

Ultimate parent company

ALTHAM LIMITED

04636244

ALTHAM LIMITED Shareholders

mr nigel keith altham 34%
pamela mander 33%
nigel keith altham & pamela mander 33%

altham limited directors

Altham Limited currently has 2 directors. The longest serving directors include Ms Pamela Mander (Jan 2003) and Mr Nigel Altham (Feb 2003).

officercountryagestartendrole
Ms Pamela Mander64 years Jan 2003- Director
Mr Nigel Altham59 years Feb 2003- Director

P&L

January 2024

turnover

303.4k

-49%

operating profit

341.5

0%

gross margin

29%

+3.46%

turnover

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

Balance Sheet

January 2024

net assets

11.1k

-0.05%

total assets

21.4k

-0.03%

cash

3.8k

-0.37%

net assets

Total assets minus all liabilities

altham limited company details

company number

04636244

Type

Private limited with Share Capital

industry

46410 - Wholesale of textiles

incorporation date

January 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

PREMIER ACCOUNTANCY

auditor

-

address

the straw barn, upton end farm business park, me, hitchin, hertfordshire, SG5 3PF

Bank

-

Legal Advisor

-

altham 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 altham limited.

altham 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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altham limited Companies House Filings - See Documents

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