Pomanda estimates the enterprise value of AVANCE LIMITED at £367k based on a Turnover of £604.1k and 0.61x industry multiple (adjusted for size and gross margin).
avance limitedEstimated Valuation
£890.6k
Pomanda estimates the enterprise value of AVANCE LIMITED at £890.6k based on an EBITDA of £237.9k and a 3.74x industry multiple (adjusted for size and gross margin).
avance limitedEstimated Valuation
£140.7k
Pomanda estimates the enterprise value of AVANCE LIMITED at £140.7k based on Net Assets of £63.3k and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Avance LimitedOverview
Avance Limited is a live company located in waltham cross, EN8 9SH with a Companies House number of 04813988. It operates in the other accommodation sector, SIC Code 55900. Founded in June 2003, it's largest shareholder is
enitan idowu
with a 75% stake. Avance Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£604.1k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Avance Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £604.1k, make it smaller than the average company (£1.2m)
£604.1k - Avance Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.6%)
7% - Avance Limited
4.6% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (41.3%)
20.2% - Avance Limited
41.3% - Industry AVG
Profitability
an operating margin of 39.4% make it more profitable than the average company (6%)
39.4% - Avance Limited
6% - Industry AVG
Employees
with 8 employees, this is below the industry average (24)
8 - Avance Limited
24 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)
£29.6k - Avance Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £75.5k, this is equally as efficient (£65.9k)
£75.5k - Avance Limited
£65.9k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (22 days)
84 days - Avance Limited
22 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Avance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Avance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Avance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.9%, this is a higher level of debt than the average (39.3%)
74.9% - Avance Limited
39.3% - Industry AVG
AVANCE LIMITED financials
EXPORT
Avance Limited's latest turnover from June 2023 is estimated at £604.1 thousand and the company has net assets of £63.3 thousand. According to their latest financial statements, Avance Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
604,069
71,761
69,205
496,615
802,085
156,617
381,563
551,206
37,755
38,012
33,137
76,123
30,932
Other Income Or Grants
Cost Of Sales
482,025
58,940
56,827
403,385
647,509
122,639
292,636
421,060
29,138
29,251
25,401
57,560
22,616
Gross Profit
122,043
12,821
12,377
93,230
154,576
33,977
88,927
130,146
8,617
8,761
7,736
18,563
8,316
Admin Expenses
-115,812
63,024
160,262
120,571
37,370
134,081
134,377
-38,476
40,306
-81,408
32,111
-7,694
12,061
6,259
Operating Profit
237,855
-50,203
-147,885
-27,341
117,206
-100,104
-45,450
168,622
-40,306
90,025
-23,350
15,430
6,502
2,057
Interest Payable
206
206
Interest Receivable
72
232
159
134
170
170
37
38
10
9
Pre-Tax Profit
237,855
-50,203
-147,885
-27,341
117,278
-99,872
-45,291
168,756
-40,342
89,989
-23,313
15,468
6,512
2,067
Tax
-59,464
-22,283
-33,751
-18,898
-3,712
-1,693
-579
Profit After Tax
178,391
-50,203
-147,885
-27,341
94,995
-99,872
-45,291
135,005
-40,342
71,091
-23,313
11,756
4,819
1,488
Dividends Paid
Retained Profit
178,391
-50,203
-147,885
-27,341
94,995
-99,872
-45,291
135,005
-40,342
71,091
-23,313
11,756
4,819
1,488
Employee Costs
236,790
55,681
54,032
51,646
50,455
49,375
123,156
173,901
23,301
24,144
23,704
23,219
23,122
Number Of Employees
8
2
2
2
2
2
5
7
1
1
1
1
1
EBITDA*
237,855
-50,203
-147,885
-27,341
117,206
-93,840
-45,450
168,622
-40,306
90,025
-23,350
16,539
9,538
2,215
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
112,439
116,525
114,364
112,873
111,107
25,517
25,500
16,350
Intangible Assets
22,500
28,764
4,751
3,716
6,004
316
Investments & Other
5,767
5,767
15,500
Debtors (Due After 1 year)
Total Fixed Assets
112,439
122,292
120,131
112,873
111,107
22,500
28,764
41,017
25,500
16,350
4,751
3,716
6,004
316
Stock & work in progress
907
Trade Debtors
139,881
141,588
218,966
30,152
70,030
65,812
4,550
4,550
Group Debtors
Misc Debtors
Cash
19,109
73,725
53,676
68,050
14,954
304
3,707
misc current assets
10,772
1,069
total current assets
139,881
10,772
1,069
141,588
218,966
49,261
144,662
119,488
68,050
19,504
304
8,257
total assets
252,320
133,064
121,200
254,461
330,073
71,761
173,426
160,505
25,500
84,400
4,751
23,220
6,308
8,573
Bank overdraft
Bank loan
Trade Creditors
106,673
210,143
3,029
58,212
12,217
10,000
5,156
2,084
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
126,491
86,704
total current liabilities
126,491
86,704
106,673
210,143
3,029
58,212
12,217
10,000
5,156
2,084
loans
6,341
hp & lease commitments
Accruals and Deferred Income
other liabilities
189,022
121,666
99,386
64,793
9,594
5,000
provisions
total long term liabilities
189,022
121,666
99,386
64,793
9,594
6,341
5,000
total liabilities
189,022
248,157
186,090
171,466
219,737
3,029
58,212
18,558
10,000
5,156
7,084
net assets
63,298
-115,093
-64,890
82,995
110,336
68,732
115,214
160,505
25,500
65,842
-5,249
18,064
6,308
1,489
total shareholders funds
63,298
-115,093
-64,890
82,995
110,336
68,732
115,214
160,505
25,500
65,842
-5,249
18,064
6,308
1,489
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
237,855
-50,203
-147,885
-27,341
117,206
-100,104
-45,450
168,622
-40,306
90,025
-23,350
15,430
6,502
2,057
Depreciation
1,109
158
Amortisation
6,264
3,036
Tax
-59,464
-22,283
-33,751
-18,898
-3,712
-1,693
-579
Stock
-907
907
Debtors
139,881
-141,588
-77,378
188,814
-39,878
4,218
65,812
-4,550
4,550
-4,550
4,550
Creditors
-106,673
-103,470
207,114
-55,183
58,212
-12,217
2,217
4,844
5,156
-2,084
2,084
Accruals and Deferred Income
-126,491
39,787
86,704
Deferred Taxes & Provisions
Cash flow from operations
-87,981
-10,416
-26,266
-53,433
113,223
-108,238
7,637
69,059
-52,523
73,344
-13,956
13,433
10,311
-830
Investing Activities
capital expenditure
4,086
-2,161
-1,491
-1,766
-88,607
-3,247
-17
-9,150
-11,599
-1,035
1,179
-8,724
-474
Change in Investments
-5,767
5,767
-15,500
15,500
cash flow from investments
9,853
-2,161
-7,258
-1,766
-88,607
12,253
-15,517
-9,150
-11,599
-1,035
1,179
-8,724
-474
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-6,341
6,341
Hire Purchase and Lease Commitments
other long term liabilities
67,356
22,280
34,593
55,199
9,594
-5,000
5,000
share issue
-53,391
53,390
1
interest
72
232
159
134
-36
-36
37
38
10
9
cash flow from financing
67,356
22,280
34,593
55,199
-43,725
53,622
159
134
-6,377
6,305
37
38
-4,990
5,010
cash and cash equivalents
cash
-19,109
-54,616
20,049
53,676
-68,050
68,050
-14,954
14,650
-3,403
3,707
overdraft
change in cash
-19,109
-54,616
20,049
53,676
-68,050
68,050
-14,954
14,650
-3,403
3,707
avance 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 avance limited. Get real-time insights into avance limited's credit score, group structure and payment trends.
Perform a competitor analysis for avance limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in EN8 area or any other competitors across 12 key performance metrics.
avance limited Ownership
AVANCE LIMITED group structure
Avance Limited has no subsidiary companies.
Ultimate parent company
AVANCE LIMITED
04813988
AVANCE LIMITED Shareholders
The largest shareholders in Avance Limited include Enitan Idowu and Tanitoluwa Femi-Idowu.
enitan idowu
75%
tanitoluwa femi-idowu
25%
avance limited directors
Avance Limited currently has 1 director, Mrs Enitan Idowu serving since Jun 2003.
studio house delamare road, cheshunt, waltham cross, herts, EN8 9SH
Bank
-
Legal Advisor
-
avance 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 avance limited.
avance 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 AVANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
avance limitedCompanies House Filings - See Documents
