Pomanda estimates the enterprise value of ASHWORTH SOLUTIONS LTD at £23.3k based on a Turnover of £36.1k and 0.65x industry multiple (adjusted for size and gross margin).
ashworth solutions ltdEstimated Valuation
£29.2k
Pomanda estimates the enterprise value of ASHWORTH SOLUTIONS LTD at £29.2k based on an EBITDA of £6.4k and a 4.55x industry multiple (adjusted for size and gross margin).
ashworth solutions ltdEstimated Valuation
£134.8k
Pomanda estimates the enterprise value of ASHWORTH SOLUTIONS LTD at £134.8k based on Net Assets of £59k and 2.29x industry multiple (adjusted for liquidity).
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Ashworth Solutions LtdOverview
Ashworth Solutions Ltd is a live company located in suffolk, CB9 8AD with a Companies House number of 05227856. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2004, it's largest shareholder is
david stewart mckinnon
with a 60% stake. Ashworth Solutions Ltd is a mature,
micro sized company, Pomanda has estimated its turnover at
£36.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ashworth Solutions Ltd a 3 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 Rating3out of 5
2 Strong
3 Regular
5 Weak
Size
annual sales of £36.1k, make it smaller than the average company (£2.1m)
£36.1k - Ashworth Solutions Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (10.6%)
-41% - Ashworth Solutions Ltd
10.6% - Industry AVG
Production
with a gross margin of 44.5%, this company has a comparable cost of product (44.5%)
44.5% - Ashworth Solutions Ltd
44.5% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (5.4%)
-5.9% - Ashworth Solutions Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Ashworth Solutions Ltd
14 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has an equivalent pay structure (£63.9k)
£63.9k - Ashworth Solutions Ltd
£63.9k - Industry AVG
Efficiency
resulting in sales per employee of £36.1k, this is less efficient (£135.2k)
£36.1k - Ashworth Solutions Ltd
£135.2k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (60 days)
60 days - Ashworth Solutions Ltd
60 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ashworth Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ashworth Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 291 weeks, this is more cash available to meet short term requirements (16 weeks)
291 weeks - Ashworth Solutions Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.7%, this is a lower level of debt than the average (56.2%)
16.7% - Ashworth Solutions Ltd
56.2% - Industry AVG
ASHWORTH SOLUTIONS LTD financials
EXPORT
Ashworth Solutions Ltd's latest turnover from October 2024 is estimated at £36.1 thousand and the company has net assets of £59 thousand. According to their latest financial statements, we estimate that Ashworth Solutions Ltd has 1 employee and maintains cash reserves of £29.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
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
36,078
59,041
215,218
171,918
104,053
115,541
87,968
142,878
8,283
92,049
69,278
42,747
3,217
3,284
Other Income Or Grants
Cost Of Sales
20,028
30,471
112,198
88,301
49,260
53,925
39,021
59,441
3,390
37,946
26,349
15,752
1,220
1,213
Gross Profit
16,049
28,570
103,020
83,617
54,794
61,616
48,947
83,437
4,892
54,103
42,929
26,995
1,997
2,071
Admin Expenses
18,196
35,074
101,205
72,489
39,784
78,587
48,187
72,681
-2,580
66,203
38,463
-6,371
2,349
3,487
22,862
-66,279
Operating Profit
-2,147
-6,504
1,815
11,128
15,010
-16,971
760
10,756
7,472
-12,100
4,466
33,366
-2,349
-1,490
-20,791
66,279
Interest Payable
Interest Receivable
1,661
2,006
971
46
36
289
352
108
107
239
246
170
114
123
177
109
Pre-Tax Profit
-486
-4,498
2,786
11,174
15,046
-16,682
1,112
10,864
7,579
-11,861
4,711
33,536
-2,235
-1,367
-20,614
66,388
Tax
-529
-2,123
-2,859
-211
-2,064
-1,516
-989
-7,713
-18,588
Profit After Tax
-486
-4,498
2,257
9,051
12,187
-16,682
901
8,800
6,063
-11,861
3,722
25,823
-2,235
-1,367
-20,614
47,799
Dividends Paid
Retained Profit
-486
-4,498
2,257
9,051
12,187
-16,682
901
8,800
6,063
-11,861
3,722
25,823
-2,235
-1,367
-20,614
47,799
Employee Costs
63,922
56,668
105,393
97,728
46,523
103,074
54,852
103,801
57,839
57,337
57,305
54,315
53,075
51,743
Number Of Employees
1
1
2
2
1
2
1
2
1
1
1
1
1
1
EBITDA*
6,407
-2,174
4,727
14,844
20,132
-12,325
4,183
14,991
10,396
-9,821
7,366
35,423
-1,930
-1,149
-19,349
68,213
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
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
34,210
30,445
12,175
11,928
14,662
18,311
9,958
12,560
16,795
6,805
9,042
11,359
865
1,024
1,365
6,111
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
34,210
30,445
12,175
11,928
14,662
18,311
9,958
12,560
16,795
6,805
9,042
11,359
865
1,024
1,365
6,111
Stock & work in progress
Trade Debtors
6,000
10,368
39,690
32,130
20,160
22,680
17,304
27,810
1,236
13,800
9,900
5,940
403
19,652
Group Debtors
Misc Debtors
830
2,080
2,334
Cash
29,716
36,736
39,677
46,655
45,252
26,272
50,865
43,042
43,642
41,901
53,597
44,656
23,484
22,157
27,090
43,521
misc current assets
total current assets
36,546
47,104
79,367
78,785
65,412
48,952
68,169
70,852
46,958
55,701
63,497
50,596
23,484
24,894
27,090
63,173
total assets
70,756
77,549
91,542
90,713
80,074
67,263
78,127
83,412
63,753
62,506
72,539
61,955
24,349
25,918
28,455
69,284
Bank overdraft
Bank loan
Trade Creditors
19,778
17,503
10,177
1,069
20,964
Group/Directors Accounts
666
other short term finances
hp & lease commitments
other current liabilities
5,296
12,318
25,285
26,760
24,652
23,335
19,104
24,796
12,964
total current liabilities
5,296
12,318
25,285
26,760
24,652
23,335
19,104
24,796
12,964
19,778
17,503
10,177
666
1,069
20,964
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
6,500
5,785
2,313
2,266
2,786
3,479
1,892
2,386
3,359
1,361
1,808
2,272
101
421
total long term liabilities
6,500
5,785
2,313
2,266
2,786
3,479
1,892
2,386
3,359
1,361
1,808
2,272
101
421
total liabilities
11,796
18,103
27,598
29,026
27,438
26,814
20,996
27,182
16,323
21,139
19,311
12,449
666
1,170
21,385
net assets
58,960
59,446
63,944
61,687
52,636
40,449
57,131
56,230
47,430
41,367
53,228
49,506
23,683
25,918
27,285
47,899
total shareholders funds
58,960
59,446
63,944
61,687
52,636
40,449
57,131
56,230
47,430
41,367
53,228
49,506
23,683
25,918
27,285
47,899
Oct 2024
Oct 2023
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
-2,147
-6,504
1,815
11,128
15,010
-16,971
760
10,756
7,472
-12,100
4,466
33,366
-2,349
-1,490
-20,791
66,279
Depreciation
8,554
4,330
2,912
3,716
5,122
4,646
3,423
4,235
2,924
2,279
2,900
2,057
419
341
1,442
1,934
Amortisation
Tax
-529
-2,123
-2,859
-211
-2,064
-1,516
-989
-7,713
-18,588
Stock
Debtors
-3,538
-29,322
7,560
11,970
-2,520
5,376
-10,506
24,494
-10,484
3,900
3,960
5,940
-2,737
2,737
-19,652
19,652
Creditors
-19,778
2,275
7,326
10,177
-1,069
-19,895
20,964
Accruals and Deferred Income
-7,022
-12,967
-1,475
2,108
1,317
4,231
-5,692
11,832
12,964
Deferred Taxes & Provisions
715
3,472
47
-520
-693
1,587
-494
-973
1,998
-447
-464
2,272
-101
-320
421
Cash flow from operations
3,638
17,653
-4,790
2,339
20,417
-11,883
8,292
-708
14,548
-11,893
9,279
34,219
807
-5,056
-19,912
51,358
Investing Activities
capital expenditure
-12,319
-22,600
-3,159
-982
-1,473
-12,999
-821
-12,914
-42
-583
-12,551
-260
3,304
-8,045
Change in Investments
cash flow from investments
-12,319
-22,600
-3,159
-982
-1,473
-12,999
-821
-12,914
-42
-583
-12,551
-260
3,304
-8,045
Financing Activities
Bank loans
Group/Directors Accounts
-666
666
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
1,661
2,006
971
46
36
289
352
108
107
239
246
170
114
123
177
109
cash flow from financing
1,661
2,006
971
46
36
289
352
108
107
239
246
-496
780
123
177
209
cash and cash equivalents
cash
-7,020
-2,941
-6,978
1,403
18,980
-24,593
7,823
-600
1,741
-11,696
8,941
21,172
1,327
-4,933
-16,431
43,521
overdraft
change in cash
-7,020
-2,941
-6,978
1,403
18,980
-24,593
7,823
-600
1,741
-11,696
8,941
21,172
1,327
-4,933
-16,431
43,521
ashworth solutions ltd 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 ashworth solutions ltd. Get real-time insights into ashworth solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ashworth solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CB9 area or any other competitors across 12 key performance metrics.
ashworth solutions ltd Ownership
ASHWORTH SOLUTIONS LTD group structure
Ashworth Solutions Ltd has no subsidiary companies.
Ultimate parent company
ASHWORTH SOLUTIONS LTD
05227856
ASHWORTH SOLUTIONS LTD Shareholders
The largest shareholders in Ashworth Solutions Ltd include David Stewart Mckinnon and James David Mckinnon.
david stewart mckinnon
60%
james david mckinnon
40%
ashworth solutions ltd directors
Ashworth Solutions Ltd currently has 1 director, Mr David McKinnon serving since Nov 2004.
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 ashworth solutions ltd.
ashworth solutions ltd 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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ashworth solutions ltdCompanies House Filings - See Documents
