Construction of utility projects for electricity and telecommunications
Registered Address
8 jeffrey hill close, grimsargh, preston, PR2 5BS
Website
-
ablelec limitedEstimated Valuation
£13.6k
Pomanda estimates the enterprise value of ABLELEC LIMITED at £13.6k based on a Turnover of £81.5k and 0.17x industry multiple (adjusted for size and gross margin).
ablelec limitedEstimated Valuation
£2.5k
Pomanda estimates the enterprise value of ABLELEC LIMITED at £2.5k based on an EBITDA of £1.1k and a 2.33x industry multiple (adjusted for size and gross margin).
ablelec limitedEstimated Valuation
£27.4k
Pomanda estimates the enterprise value of ABLELEC LIMITED at £27.4k based on Net Assets of £13.8k and 1.98x industry multiple (adjusted for liquidity).
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Ablelec LimitedOverview
Ablelec Limited is a live company located in preston, PR2 5BS with a Companies House number of 04924346. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in October 2003, it's largest shareholder is
steven peter walmsley
with a 100% stake. Ablelec Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£81.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ablelec Limited a 2.5 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 Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £81.5k, make it smaller than the average company (£2.5m)
£81.5k - Ablelec Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (15.2%)
-2% - Ablelec Limited
15.2% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (31.8%)
16.6% - Ablelec Limited
31.8% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (10.9%)
1.3% - Ablelec Limited
10.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Ablelec Limited
16 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
£51.6k - Ablelec Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £81.5k, this is less efficient (£271.9k)
£81.5k - Ablelec Limited
£271.9k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (52 days)
39 days - Ablelec Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 179 days, this is slower than average (34 days)
179 days - Ablelec Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ablelec Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ablelec Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.8%, this is a lower level of debt than the average (78.8%)
70.8% - Ablelec Limited
78.8% - Industry AVG
ABLELEC LIMITED financials
EXPORT
Ablelec Limited's latest turnover from October 2023 is estimated at £81.5 thousand and the company has net assets of £13.8 thousand. According to their latest financial statements, Ablelec Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
81,548
90,492
90,803
87,310
79,968
44,904
65,389
37,444
32,362
12,340
8,794
3,040
22,412
22,268
Other Income Or Grants
Cost Of Sales
68,018
77,896
78,136
75,078
70,847
40,290
59,668
34,186
29,629
11,034
8,043
2,762
19,851
20,953
Gross Profit
13,530
12,596
12,667
12,232
9,121
4,614
5,721
3,258
2,733
1,307
752
278
2,560
1,315
Admin Expenses
12,458
12,494
9,982
11,267
8,388
-1,256
2,995
2,144
1,798
650
518
4,763
1,797
-3,844
-375
Operating Profit
1,072
102
2,685
965
733
5,870
2,726
1,114
935
657
234
-4,485
763
5,159
375
Interest Payable
Interest Receivable
1
5
11
6
Pre-Tax Profit
1,072
102
2,685
965
733
5,870
2,726
1,114
935
657
235
-4,480
774
5,165
375
Tax
-268
-19
-510
-183
-139
-1,115
-518
-223
-187
-138
-54
-201
-1,446
-105
Profit After Tax
804
83
2,175
782
594
4,755
2,208
891
748
519
181
-4,480
573
3,719
270
Dividends Paid
Retained Profit
804
83
2,175
782
594
4,755
2,208
891
748
519
181
-4,480
573
3,719
270
Employee Costs
51,607
51,881
51,635
55,386
52,028
44,332
50,988
46,777
52,152
45,950
41,922
39,470
39,332
40,847
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
1
1
1
EBITDA*
1,072
102
2,685
965
733
5,870
2,726
1,114
935
657
234
-4,446
763
5,159
375
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
38,564
38,564
38,564
37,785
24,947
24,947
24,947
8,547
8,547
666
157
702
196
245
307
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
38,564
38,564
38,564
37,785
24,947
24,947
24,947
8,547
8,547
666
157
702
196
245
307
Stock & work in progress
Trade Debtors
8,761
7,533
7,697
6,628
3,528
6,401
7,574
6,566
4,269
3,049
2,179
276
6,600
6,342
4,534
Group Debtors
Misc Debtors
Cash
286
1,840
2,496
84
misc current assets
total current assets
8,761
7,533
7,697
6,628
3,528
6,401
7,574
6,566
4,269
3,049
2,179
562
8,440
8,838
4,618
total assets
47,325
46,097
46,261
44,413
28,475
31,348
32,521
15,113
12,816
3,715
2,336
1,264
8,636
9,083
4,925
Bank overdraft
Bank loan
Trade Creditors
33,503
33,079
33,326
33,653
18,497
21,964
27,892
12,692
11,286
2,933
2,073
1,181
4,073
5,093
4,654
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
33,503
33,079
33,326
33,653
18,497
21,964
27,892
12,692
11,286
2,933
2,073
1,181
4,073
5,093
4,654
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
33,503
33,079
33,326
33,653
18,497
21,964
27,892
12,692
11,286
2,933
2,073
1,181
4,073
5,093
4,654
net assets
13,822
13,018
12,935
10,760
9,978
9,384
4,629
2,421
1,530
782
263
83
4,563
3,990
271
total shareholders funds
13,822
13,018
12,935
10,760
9,978
9,384
4,629
2,421
1,530
782
263
83
4,563
3,990
271
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
1,072
102
2,685
965
733
5,870
2,726
1,114
935
657
234
-4,485
763
5,159
375
Depreciation
39
Amortisation
Tax
-268
-19
-510
-183
-139
-1,115
-518
-223
-187
-138
-54
-201
-1,446
-105
Stock
Debtors
1,228
-164
1,069
3,100
-2,873
-1,173
1,008
2,297
1,220
870
1,903
-6,324
258
1,808
4,534
Creditors
424
-247
-327
15,156
-3,467
-5,928
15,200
1,406
8,353
860
892
-2,892
-1,020
439
4,654
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
779
12,838
16,400
7,881
509
-831
-1,014
-716
2,344
390
Investing Activities
capital expenditure
-779
-12,838
-16,400
-7,881
-509
545
-545
49
62
-307
Change in Investments
cash flow from investments
-779
-12,838
-16,400
-7,881
-509
545
-545
49
62
-307
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
1
5
11
6
cash flow from financing
5
11
6
1
cash and cash equivalents
cash
-286
-1,554
-656
2,412
84
overdraft
change in cash
-286
-1,554
-656
2,412
84
ablelec 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 ablelec limited. Get real-time insights into ablelec limited's credit score, group structure and payment trends.
Perform a competitor analysis for ablelec limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PR2 area or any other competitors across 12 key performance metrics.
ablelec limited Ownership
ABLELEC LIMITED group structure
Ablelec Limited has no subsidiary companies.
Ultimate parent company
ABLELEC LIMITED
04924346
ABLELEC LIMITED Shareholders
The sole shareholder of Ablelec Limited is Steven Peter Walmsley.
steven peter walmsley
100%
ablelec limited directors
Ablelec Limited currently has 1 director, Mr Steven Walmsley serving since Oct 2003.
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
October 2003
age
22
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
8 jeffrey hill close, grimsargh, preston, PR2 5BS
Bank
-
Legal Advisor
-
ablelec 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 ablelec limited.
ablelec 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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ablelec limitedCompanies House Filings - See Documents
