abs properties (london) limited
abs properties (london) limited Company Information
Company Number
04908802
Website
-Registered Address
1a manston avenue, norwood green, southall, middx, UB2 4HE
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
sahib singh sooch 20%
sardara singh bains 16.7%
View Allabs properties (london) limited Estimated Valuation
Pomanda estimates the enterprise value of ABS PROPERTIES (LONDON) LIMITED at £599.2k based on a Turnover of £271.3k and 2.21x industry multiple (adjusted for size and gross margin).
abs properties (london) limited Estimated Valuation
Pomanda estimates the enterprise value of ABS PROPERTIES (LONDON) LIMITED at £0 based on an EBITDA of £-65.3k and a 4.84x industry multiple (adjusted for size and gross margin).
abs properties (london) limited Estimated Valuation
Pomanda estimates the enterprise value of ABS PROPERTIES (LONDON) LIMITED at £316k based on Net Assets of £197.2k and 1.6x industry multiple (adjusted for liquidity).
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Abs Properties (london) Limited Overview
Abs Properties (london) Limited is a live company located in middx, UB2 4HE with a Companies House number of 04908802. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2003, it's largest shareholder is sahib singh sooch with a 20% stake. Abs Properties (london) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £271.3k with rapid growth in recent years.
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Abs Properties (london) Limited Health Check
Pomanda's financial health check has awarded Abs Properties (London) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £271.3k, make it smaller than the average company (£714.6k)
- Abs Properties (london) Limited
£714.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (1.2%)
- Abs Properties (london) Limited
1.2% - Industry AVG
Production
with a gross margin of 27.3%, this company has a higher cost of product (71.1%)
- Abs Properties (london) Limited
71.1% - Industry AVG
Profitability
an operating margin of -24% make it less profitable than the average company (43.6%)
- Abs Properties (london) Limited
43.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Abs Properties (london) Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Abs Properties (london) Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £271.3k, this is more efficient (£159.5k)
- Abs Properties (london) Limited
£159.5k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (34 days)
- Abs Properties (london) Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (37 days)
- Abs Properties (london) Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abs Properties (london) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abs Properties (london) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (66.8%)
84.9% - Abs Properties (london) Limited
66.8% - Industry AVG
ABS PROPERTIES (LONDON) LIMITED financials
Abs Properties (London) Limited's latest turnover from September 2022 is estimated at £271.3 thousand and the company has net assets of £197.2 thousand. According to their latest financial statements, we estimate that Abs Properties (London) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 111,951 | 101,100 | 103,500 | |||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 0 | 0 | ||||||||||||
| Gross Profit | 101,100 | 103,500 | ||||||||||||
| Admin Expenses | 30,361 | 102,131 | ||||||||||||
| Operating Profit | 70,739 | 1,369 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 5 | |||||||||||
| Pre-Tax Profit | 70,905 | 70,739 | 1,373 | |||||||||||
| Tax | -16,751 | -7,652 | 0 | |||||||||||
| Profit After Tax | 54,154 | 63,087 | 1,373 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | 54,154 | 63,087 | 1,373 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 70,739 | 1,369 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,225,189 | 1,587,620 | 1,800,411 | 1,800,411 | 1,800,411 | 1,800,411 | 1,800,411 | 1,760,311 | 1,760,311 | 1,754,545 | 1,754,545 | 1,754,545 | 1,754,545 | 1,754,545 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,225,189 | 1,587,620 | 1,800,411 | 1,800,411 | 1,800,411 | 1,800,411 | 1,800,411 | 1,760,311 | 1,760,311 | 1,754,545 | 1,754,545 | 1,754,545 | 1,754,545 | 1,754,545 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 77,809 | 81,395 | 6,086 | 9,899 | 135,287 | 134,231 | 113,456 | 340,029 | 344,529 | 349,744 | 354,244 | 358,505 | 358,456 | 352,483 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 9,155 | 11,037 | 4,685 | 7,974 | 4,949 | 5,304 | 40,924 | 12,620 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 77,809 | 81,395 | 6,086 | 9,899 | 135,287 | 134,231 | 122,611 | 351,066 | 349,214 | 357,718 | 359,193 | 363,809 | 399,380 | 365,103 |
| total assets | 1,302,998 | 1,669,015 | 1,806,497 | 1,810,310 | 1,935,698 | 1,934,642 | 1,923,022 | 2,111,377 | 2,109,525 | 2,112,263 | 2,113,738 | 2,118,354 | 2,153,925 | 2,119,648 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,861 | 63,928 | 7,336 | 22,452 | 17,031 | 45,909 | 22,177 | 37,900 | 33,802 | 26,850 | 12,688 | 16,972 | 4,335 | 3,570 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,393 | 1,393 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,652 | 0 |
| total current liabilities | 14,861 | 63,928 | 7,336 | 22,452 | 17,031 | 45,909 | 22,177 | 37,900 | 33,802 | 26,850 | 12,688 | 16,972 | 13,380 | 4,963 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,111,729 | 2,148,956 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 6,070 | 3,798 | 3,798 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,084,827 | 1,338,797 | 1,549,283 | 1,516,283 | 1,518,957 | 1,516,164 | 1,582,430 | 1,804,888 | 1,862,874 | 1,917,861 | 1,985,346 | 2,022,151 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,090,897 | 1,342,595 | 1,553,081 | 1,516,283 | 1,518,957 | 1,516,164 | 1,582,430 | 1,804,888 | 1,862,874 | 1,917,861 | 1,985,346 | 2,022,151 | 2,111,729 | 2,148,956 |
| total liabilities | 1,105,758 | 1,406,523 | 1,560,417 | 1,538,735 | 1,535,988 | 1,562,073 | 1,604,607 | 1,842,788 | 1,896,676 | 1,944,711 | 1,998,034 | 2,039,123 | 2,125,109 | 2,153,919 |
| net assets | 197,240 | 262,492 | 246,080 | 271,575 | 399,710 | 372,569 | 318,415 | 268,589 | 212,849 | 167,552 | 115,704 | 79,231 | 28,816 | -34,271 |
| total shareholders funds | 197,240 | 262,492 | 246,080 | 271,575 | 399,710 | 372,569 | 318,415 | 268,589 | 212,849 | 167,552 | 115,704 | 79,231 | 28,816 | -34,271 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 70,739 | 1,369 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | -16,751 | -7,652 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,586 | 75,309 | -3,813 | -125,388 | 1,056 | 20,775 | -226,573 | -4,500 | -5,215 | -4,500 | -4,261 | 49 | 5,973 | 352,483 |
| Creditors | -49,067 | 56,592 | -15,116 | 5,421 | -28,878 | 23,732 | -15,723 | 4,098 | 6,952 | 14,162 | -4,284 | 12,637 | 765 | 3,570 |
| Accruals and Deferred Income | 2,272 | 0 | 3,798 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7,652 | 7,652 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 65,531 | -347,544 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,393 | 0 | 1,393 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,111,729 | -37,227 | 2,148,956 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -253,970 | -210,486 | 33,000 | -2,674 | 2,793 | -66,266 | -222,458 | -57,986 | -54,987 | -67,485 | -36,805 | 2,022,151 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 5 | |||||||||||
| cash flow from financing | -66,266 | -37,227 | 2,114,710 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -9,155 | -1,882 | 6,352 | -3,289 | 3,025 | -355 | -35,620 | 28,304 | 12,620 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -9,155 | -1,882 | 6,352 | -3,289 | 3,025 | -355 | -35,620 | 28,304 | 12,620 |
abs properties (london) limited Credit Report and Business Information
Abs Properties (london) Limited Competitor Analysis
Perform a competitor analysis for abs properties (london) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
abs properties (london) limited Ownership
ABS PROPERTIES (LONDON) LIMITED group structure
Abs Properties (London) Limited has no subsidiary companies.
Ultimate parent company
ABS PROPERTIES (LONDON) LIMITED
04908802
abs properties (london) limited directors
Abs Properties (London) Limited currently has 3 directors. The longest serving directors include Mr Kamalroop Sooch (Sep 2003) and Sardara Bains (Sep 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kamalroop Sooch | England | 55 years | Sep 2003 | - | Director |
| Sardara Bains | 77 years | Sep 2003 | - | Director | |
| Mr Gur Attwal | England | 27 years | Jun 2023 | - | Director |
P&L
September 2022turnover
271.3k
-7%
operating profit
-65.3k
0%
gross margin
27.4%
+3.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
197.2k
-0.25%
total assets
1.3m
-0.22%
cash
0
0%
net assets
Total assets minus all liabilities
abs properties (london) limited company details
company number
04908802
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2003
age
21
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
1a manston avenue, norwood green, southall, middx, UB2 4HE
last accounts submitted
September 2022
abs properties (london) 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 22 charges/mortgages relating to abs properties (london) limited. Currently there are 22 open charges and 0 have been satisfied in the past.
abs properties (london) limited Companies House Filings - See Documents
| date | description | view/download |
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