access training (wales) limited
access training (wales) limited Company Information
Company Number
04915118
Website
www.accesstraininguk.co.ukRegistered Address
pembroke house charter court, swansea enterprise park, swansea, SA7 9FS
Industry
Other education n.e.c.
Telephone
01732869914
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ian david bennett 45.9%
mark andrew underdown 33%
View Allaccess training (wales) limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS TRAINING (WALES) LIMITED at £15.4m based on a Turnover of £12m and 1.28x industry multiple (adjusted for size and gross margin).
access training (wales) limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS TRAINING (WALES) LIMITED at £17.8m based on an EBITDA of £2.8m and a 6.26x industry multiple (adjusted for size and gross margin).
access training (wales) limited Estimated Valuation
Pomanda estimates the enterprise value of ACCESS TRAINING (WALES) LIMITED at £10m based on Net Assets of £4.4m and 2.27x industry multiple (adjusted for liquidity).
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Access Training (wales) Limited Overview
Access Training (wales) Limited is a live company located in swansea, SA7 9FS with a Companies House number of 04915118. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in September 2003, it's largest shareholder is ian david bennett with a 45.9% stake. Access Training (wales) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12m with rapid growth in recent years.
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Access Training (wales) Limited Health Check
Pomanda's financial health check has awarded Access Training (Wales) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £12m, make it larger than the average company (£500.1k)
£12m - Access Training (wales) Limited
£500.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 60%, show it is growing at a faster rate (6.3%)
- Access Training (wales) Limited
6.3% - Industry AVG
Production
with a gross margin of 87.4%, this company has a lower cost of product (55.7%)
87.4% - Access Training (wales) Limited
55.7% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (5%)
23.4% - Access Training (wales) Limited
5% - Industry AVG
Employees
with 68 employees, this is above the industry average (13)
68 - Access Training (wales) Limited
13 - Industry AVG
Pay Structure
on an average salary of £51.1k, the company has a higher pay structure (£29.5k)
£51.1k - Access Training (wales) Limited
£29.5k - Industry AVG
Efficiency
resulting in sales per employee of £176.8k, this is more efficient (£53.2k)
£176.8k - Access Training (wales) Limited
£53.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Access Training (wales) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (24 days)
138 days - Access Training (wales) Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Access Training (wales) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is less cash available to meet short term requirements (114 weeks)
56 weeks - Access Training (wales) Limited
114 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.1%, this is a higher level of debt than the average (23.8%)
52.1% - Access Training (wales) Limited
23.8% - Industry AVG
ACCESS TRAINING (WALES) LIMITED financials
Access Training (Wales) Limited's latest turnover from December 2023 is £12 million and the company has net assets of £4.4 million. According to their latest financial statements, Access Training (Wales) Limited has 68 employees and maintains cash reserves of £5.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,023,240 | 8,530,625 | 9,815,989 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 1,514,630 | 973,255 | 1,130,521 | ||||||||||||
| Gross Profit | 10,508,610 | 7,557,370 | 8,685,468 | ||||||||||||
| Admin Expenses | 7,691,577 | 5,605,678 | 5,083,141 | ||||||||||||
| Operating Profit | 2,817,033 | 1,951,692 | 3,602,327 | ||||||||||||
| Interest Payable | 11,327 | 22,054 | 9,571 | ||||||||||||
| Interest Receivable | 9,889 | 6,281 | 0 | ||||||||||||
| Pre-Tax Profit | 2,961,056 | 1,779,829 | 3,321,979 | ||||||||||||
| Tax | -677,328 | -485,368 | -900,412 | ||||||||||||
| Profit After Tax | 2,283,728 | 1,294,461 | 2,421,567 | ||||||||||||
| Dividends Paid | 401,520 | 501,101 | 280,742 | ||||||||||||
| Retained Profit | 1,882,208 | 793,360 | 2,140,825 | ||||||||||||
| Employee Costs | 3,472,468 | 2,852,339 | 2,842,297 | ||||||||||||
| Number Of Employees | 68 | 68 | 68 | 71 | 75 | 78 | 90 | 84 | |||||||
| EBITDA* | 2,835,135 | 1,968,677 | 3,610,438 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 38,472 | 58,976 | 18,469 | 15,821 | 7,421 | 8,227 | 102 | 4,319 | 9,590 | 21,574 | 20,502 | 27,530 | 30,912 | 37,556 | 48,547 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 52 | 52 | 52 | 52 | 52 | 52 | 52 | 2 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 38,472 | 58,976 | 18,469 | 15,873 | 7,473 | 8,279 | 154 | 4,371 | 9,642 | 21,626 | 20,504 | 27,530 | 30,912 | 37,556 | 48,547 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 808,059 | 857,397 | 282,445 | 257,728 | 311,802 | 401,674 | 238,877 | 122,266 | 97,383 |
| Trade Debtors | 0 | 1,200 | 0 | 104,107 | 2,135,515 | 1,689,881 | 3,660 | 3,596 | 21,826 | 943,614 | 218,958 | 147,929 | 75,265 | 170,426 | 146,121 |
| Group Debtors | 0 | 0 | 0 | 2,880 | 2,880 | 4,380 | 38,775 | 556,535 | 138,844 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,023,809 | 2,504,936 | 1,769,793 | 80,379 | 431,623 | 213,823 | 428,494 | 452,343 | 786,161 | 0 | 0 | 0 | 73,224 | 0 | 0 |
| Cash | 5,140,374 | 3,871,181 | 4,043,011 | 1,938,153 | 29,033 | 153,472 | 128,786 | 270,768 | 233,452 | 87,194 | 223,374 | 268,296 | 87,786 | 30,626 | 33,938 |
| misc current assets | 0 | 52 | 52 | 0 | 0 | 0 | 0 | 26,287 | 3,711 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,164,183 | 6,377,369 | 5,812,856 | 2,125,519 | 2,599,051 | 2,061,556 | 1,407,774 | 2,166,926 | 1,466,439 | 1,288,536 | 754,134 | 817,899 | 475,152 | 323,318 | 277,442 |
| total assets | 9,202,655 | 6,436,345 | 5,831,325 | 2,141,392 | 2,606,524 | 2,069,835 | 1,407,928 | 2,171,297 | 1,476,081 | 1,310,162 | 774,638 | 845,429 | 506,064 | 360,874 | 325,989 |
| Bank overdraft | 0 | 38,608 | 94,508 | 90,845 | 225,256 | 159,000 | 16,131 | 942 | 13,749 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 573,924 | 379,639 | 237,270 | 339,889 | 721,331 | 483,258 | 429,639 | 409,547 | 186,726 | 668,568 | 353,388 | 337,843 | 404,853 | 318,250 | 340,604 |
| Group/Directors Accounts | 0 | 34,049 | 0 | 287,403 | 381,108 | 465,087 | 74,735 | 353,783 | 243,272 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,826 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,659 | 17,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,120,477 | 3,218,726 | 3,159,443 | 1,195,954 | 393,785 | 313,717 | 315,026 | 458,861 | 385,460 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,708,060 | 3,688,689 | 3,491,221 | 1,914,091 | 1,721,480 | 1,421,062 | 835,531 | 1,223,133 | 859,033 | 668,568 | 353,388 | 337,843 | 404,853 | 318,250 | 340,604 |
| loans | 0 | 128,759 | 178,920 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 11,484 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 131,596 | 388,727 | 491,388 | 403,389 | 342,576 | 935,380 | 555,362 | 624,216 | 403,380 | 500,629 | 0 | 0 | 0 |
| provisions | 89,628 | 84,654 | 300,189 | 0 | 0 | 0 | 0 | 365 | 953 | 3,138 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 89,628 | 224,897 | 610,705 | 638,727 | 491,388 | 403,389 | 342,576 | 935,745 | 556,315 | 627,354 | 403,380 | 500,629 | 0 | 0 | 0 |
| total liabilities | 4,797,688 | 3,913,586 | 4,101,926 | 2,552,818 | 2,212,868 | 1,824,451 | 1,178,107 | 2,158,878 | 1,415,348 | 1,295,922 | 756,768 | 838,472 | 404,853 | 318,250 | 340,604 |
| net assets | 4,404,967 | 2,522,759 | 1,729,399 | -411,426 | 393,656 | 245,384 | 229,821 | 12,419 | 60,733 | 14,240 | 17,870 | 6,957 | 101,211 | 42,624 | -14,615 |
| total shareholders funds | 4,404,967 | 2,522,759 | 1,729,399 | -411,426 | 393,656 | 245,384 | 229,821 | 12,419 | 60,733 | 14,240 | 17,870 | 6,957 | 101,211 | 42,624 | -14,615 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,817,033 | 1,951,692 | 3,602,327 | ||||||||||||
| Depreciation | 18,102 | 16,985 | 8,111 | 2,657 | 2,657 | 650 | 4,217 | 5,271 | 11,984 | 8,302 | 7,028 | 7,818 | 6,646 | 11,603 | 10,764 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -677,328 | -485,368 | -900,412 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -808,059 | -49,338 | 574,952 | 24,717 | -54,074 | -89,872 | 162,797 | 116,611 | 24,883 | 97,383 |
| Debtors | 1,517,673 | 736,343 | 1,582,427 | -2,382,652 | 661,934 | 1,437,155 | -541,545 | 65,643 | 3,217 | 724,656 | 71,029 | -560 | -21,937 | 24,305 | 146,121 |
| Creditors | 194,285 | 142,369 | -102,619 | -381,442 | 238,073 | 53,619 | 20,092 | 222,821 | -481,842 | 315,180 | 15,545 | -67,010 | 86,603 | -22,354 | 340,604 |
| Accruals and Deferred Income | 901,751 | 59,283 | 1,963,489 | 802,169 | 80,068 | -1,309 | -143,835 | 73,401 | 385,460 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 4,974 | -215,535 | 300,189 | 0 | 0 | 0 | -365 | -588 | -2,185 | 3,138 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,741,144 | 733,083 | 3,288,658 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 0 | -52 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 2 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 52 | ||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -34,049 | 34,049 | -287,403 | -93,705 | -83,979 | 390,352 | -279,048 | 110,511 | 243,272 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,826 | 29,826 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -128,759 | -50,161 | -71,080 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -15,492 | 29,151 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -131,596 | -257,131 | -102,661 | 87,999 | 60,813 | -592,804 | 380,018 | -68,854 | 220,836 | -97,249 | 500,629 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -1,438 | -15,773 | -9,571 | ||||||||||||
| cash flow from financing | -179,738 | -134,330 | -625,185 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,269,193 | -171,830 | 2,104,858 | 1,909,120 | -124,439 | 24,686 | -141,982 | 37,316 | 146,258 | -136,180 | -44,922 | 180,510 | 57,160 | -3,312 | 33,938 |
| overdraft | -38,608 | -55,900 | 3,663 | -134,411 | 66,256 | 142,869 | 15,189 | -12,807 | 13,749 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,307,801 | -115,930 | 2,101,195 | 2,043,531 | -190,695 | -118,183 | -157,171 | 50,123 | 132,509 | -136,180 | -44,922 | 180,510 | 57,160 | -3,312 | 33,938 |
access training (wales) limited Credit Report and Business Information
Access Training (wales) Limited Competitor Analysis
Perform a competitor analysis for access training (wales) limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in SA7 area or any other competitors across 12 key performance metrics.
access training (wales) limited Ownership
ACCESS TRAINING (WALES) LIMITED group structure
Access Training (Wales) Limited has 1 subsidiary company.
Ultimate parent company
ACCESS TRAINING (WALES) LIMITED
04915118
1 subsidiary
access training (wales) limited directors
Access Training (Wales) Limited currently has 4 directors. The longest serving directors include Mr Mark Underdown (Mar 2009) and Mr Ian Bennett (Mar 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Underdown | United Kingdom | 55 years | Mar 2009 | - | Director |
| Mr Ian Bennett | Wales | 47 years | Mar 2009 | - | Director |
| Mrs Catherine Underdown | United Kingdom | 56 years | Jan 2020 | - | Director |
| Mrs Leonor Bennett | Wales | 46 years | Jan 2020 | - | Director |
P&L
December 2023turnover
12m
+41%
operating profit
2.8m
+44%
gross margin
87.5%
-1.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4m
+0.75%
total assets
9.2m
+0.43%
cash
5.1m
+0.33%
net assets
Total assets minus all liabilities
access training (wales) limited company details
company number
04915118
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
September 2003
age
21
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
J MARK EVANS LIMITED
address
pembroke house charter court, swansea enterprise park, swansea, SA7 9FS
Bank
-
Legal Advisor
-
access training (wales) 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 access training (wales) limited.
access training (wales) limited Companies House Filings - See Documents
| date | description | view/download |
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