Pomanda estimates the enterprise value of ABLE OFFICE FURNITURE LIMITED at £229.1k based on a Turnover of £718.1k and 0.32x industry multiple (adjusted for size and gross margin).
able office furniture limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ABLE OFFICE FURNITURE LIMITED at £0 based on an EBITDA of £-73.1k and a 3.09x industry multiple (adjusted for size and gross margin).
able office furniture limitedEstimated Valuation
£333.2k
Pomanda estimates the enterprise value of ABLE OFFICE FURNITURE LIMITED at £333.2k based on Net Assets of £210.4k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Able Office Furniture LimitedOverview
Able Office Furniture Limited is a live company located in tredegar, NP22 3AA with a Companies House number of 05263073. It operates in the manufacture of office and shop furniture sector, SIC Code 31010. Founded in October 2004, it's largest shareholder is
paul jackson
with a 100% stake. Able Office Furniture Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£718.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Able Office Furniture Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £718.1k, make it smaller than the average company (£14.1m)
£718.1k - Able Office Furniture Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.1%)
-7% - Able Office Furniture Limited
8.1% - Industry AVG
Production
with a gross margin of 31.7%, this company has a comparable cost of product (31.7%)
31.7% - Able Office Furniture Limited
31.7% - Industry AVG
Profitability
an operating margin of -12.1% make it less profitable than the average company (3.6%)
-12.1% - Able Office Furniture Limited
3.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (84)
6 - Able Office Furniture Limited
84 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
£41.7k - Able Office Furniture Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is less efficient (£165.9k)
£119.7k - Able Office Furniture Limited
£165.9k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (49 days)
65 days - Able Office Furniture Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (40 days)
25 days - Able Office Furniture Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 73 days, this is more than average (53 days)
73 days - Able Office Furniture Limited
53 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is less cash available to meet short term requirements (18 weeks)
13 weeks - Able Office Furniture Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (42.5%)
35.8% - Able Office Furniture Limited
42.5% - Industry AVG
ABLE OFFICE FURNITURE LIMITED financials
EXPORT
Able Office Furniture Limited's latest turnover from August 2024 is estimated at £718.1 thousand and the company has net assets of £210.4 thousand. According to their latest financial statements, Able Office Furniture Limited has 6 employees and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
718,121
720,767
637,823
890,917
501,455
945,846
768,275
836,794
765,367
556,309
812,331
692,540
747,885
699,013
602,988
Other Income Or Grants
Cost Of Sales
490,315
504,879
439,098
636,527
339,450
642,018
531,845
552,289
499,790
378,220
559,849
488,484
519,615
488,152
415,232
Gross Profit
227,807
215,888
198,725
254,390
162,004
303,828
236,430
284,505
265,578
178,089
252,482
204,056
228,269
210,861
187,756
Admin Expenses
314,495
221,706
175,737
240,805
203,517
290,396
229,076
219,258
255,472
120,409
190,784
167,995
151,586
205,966
145,031
154,751
Operating Profit
-86,688
-5,818
22,988
13,585
-41,513
13,432
7,354
65,247
10,106
57,680
61,698
36,061
76,683
4,895
42,725
-154,751
Interest Payable
195
324
109
394
394
297
297
Interest Receivable
4,892
7,774
1,456
63
88
831
1,030
287
238
269
26
53
107
146
161
77
Pre-Tax Profit
-81,796
1,956
24,444
13,648
-41,620
13,938
8,275
65,140
9,950
57,651
61,427
36,114
76,789
5,041
42,886
-154,674
Tax
-489
-4,644
-2,593
-2,648
-1,572
-12,377
-1,990
-11,530
-12,900
-8,306
-18,429
-1,311
-12,008
Profit After Tax
-81,796
1,467
19,800
11,055
-41,620
11,290
6,703
52,763
7,960
46,121
48,527
27,808
58,360
3,730
30,878
-154,674
Dividends Paid
Retained Profit
-81,796
1,467
19,800
11,055
-41,620
11,290
6,703
52,763
7,960
46,121
48,527
27,808
58,360
3,730
30,878
-154,674
Employee Costs
250,394
241,101
233,791
257,041
220,515
210,884
242,608
247,264
243,010
129,520
188,426
186,249
187,153
189,141
187,416
Number Of Employees
6
6
6
7
6
6
7
7
7
4
6
6
6
6
6
EBITDA*
-73,094
1,072
36,720
15,602
-39,808
14,983
8,653
72,118
16,831
64,576
68,767
42,072
82,593
10,674
48,558
-153,112
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
33,646
74,462
27,584
38,214
35,825
36,306
34,676
33,375
13,837
18,483
22,482
6,971
12,982
15,354
20,410
8,405
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
33,646
74,462
27,584
38,214
35,825
36,306
34,676
33,375
13,837
18,483
22,482
6,971
12,982
15,354
20,410
8,405
Stock & work in progress
98,622
79,675
83,091
89,062
81,862
84,756
82,641
78,732
71,587
51,584
59,649
48,857
43,693
46,686
40,439
39,608
Trade Debtors
128,514
138,390
129,298
201,216
69,580
217,363
160,821
181,113
165,941
127,022
191,029
159,773
157,267
128,919
125,600
87,069
Group Debtors
Misc Debtors
37,104
20,603
9,140
3,240
5,427
1,280
1,930
1,080
1,480
Cash
29,862
165,807
130,364
36,087
89,378
86,233
135,241
139,389
89,922
100,512
6,923
3,276
18,059
24,648
33,602
30,787
misc current assets
total current assets
294,102
404,475
351,893
329,605
246,247
389,632
380,633
400,314
328,930
279,118
257,601
211,906
219,019
200,253
199,641
157,464
total assets
327,748
478,937
379,477
367,819
282,072
425,938
415,309
433,689
342,767
297,601
280,083
218,877
232,001
215,607
220,051
165,869
Bank overdraft
6,392
3,220
12,612
Bank loan
Trade Creditors
33,589
37,400
39,390
71,072
8,941
79,800
66,458
61,637
45,760
74,840
94,311
90,775
131,707
170,322
102,978
97,966
Group/Directors Accounts
71,797
60,577
other short term finances
9,143
hp & lease commitments
other current liabilities
83,776
149,358
49,375
25,835
13,274
35,952
49,155
78,307
53,674
total current liabilities
117,365
186,758
88,765
96,907
22,215
122,144
118,833
139,944
112,046
74,840
103,454
90,775
131,707
170,322
174,775
158,543
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,317
6,289
10,261
3,351
7,072
provisions
total long term liabilities
2,317
6,289
10,261
3,351
7,072
total liabilities
117,365
186,758
88,765
96,907
22,215
124,461
125,122
150,205
112,046
74,840
103,454
90,775
131,707
173,673
181,847
158,543
net assets
210,383
292,179
290,712
270,912
259,857
301,477
290,187
283,484
230,721
222,761
176,629
128,102
100,294
41,934
38,204
7,326
total shareholders funds
210,383
292,179
290,712
270,912
259,857
301,477
290,187
283,484
230,721
222,761
176,629
128,102
100,294
41,934
38,204
7,326
Aug 2024
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
-86,688
-5,818
22,988
13,585
-41,513
13,432
7,354
65,247
10,106
57,680
61,698
36,061
76,683
4,895
42,725
-154,751
Depreciation
13,594
6,890
13,732
2,017
1,705
1,551
1,299
6,871
6,725
6,896
7,069
6,011
5,910
5,779
5,833
1,639
Amortisation
Tax
-489
-4,644
-2,593
-2,648
-1,572
-12,377
-1,990
-11,530
-12,900
-8,306
-18,429
-1,311
-12,008
Stock
18,947
-3,416
-5,971
7,200
-2,894
2,115
3,909
7,145
20,003
-8,065
10,792
5,164
-2,993
6,247
831
39,608
Debtors
6,625
20,555
-66,018
129,449
-143,636
55,892
-19,442
14,772
40,399
-64,007
31,256
2,506
28,348
3,319
38,531
87,069
Creditors
-3,811
-1,990
-31,682
62,131
-70,859
13,342
4,821
15,877
-29,080
-19,471
3,536
-40,932
-38,615
67,344
5,012
97,966
Accruals and Deferred Income
-65,582
99,983
23,540
12,561
-22,678
-13,203
-29,152
24,633
53,674
Deferred Taxes & Provisions
Cash flow from operations
-168,059
81,437
95,923
-48,948
13,185
-45,533
-1,717
78,334
-20,967
105,647
17,355
-14,836
194
67,141
2,200
-181,823
Investing Activities
capital expenditure
27,222
-53,768
-3,102
-4,406
-1,224
-3,181
-2,600
-26,409
-2,079
-2,897
-22,580
-3,538
-723
-17,838
-10,044
Change in Investments
cash flow from investments
27,222
-53,768
-3,102
-4,406
-1,224
-3,181
-2,600
-26,409
-2,079
-2,897
-22,580
-3,538
-723
-17,838
-10,044
Financing Activities
Bank loans
Group/Directors Accounts
-71,797
11,220
60,577
Other Short Term Loans
-9,143
9,143
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-2,317
-3,972
-3,972
10,261
-3,351
-3,721
7,072
share issue
11
162,000
interest
4,892
7,774
1,456
63
-107
507
921
-107
-156
-28
-271
53
107
146
161
77
cash flow from financing
4,892
7,774
1,456
63
-2,424
-3,465
-3,051
10,154
-156
-9,160
8,872
53
-3,244
-75,372
18,453
222,654
cash and cash equivalents
cash
-135,945
35,443
94,277
-53,291
3,145
-49,008
-4,148
49,467
-10,590
93,589
3,647
-14,783
-6,589
-8,954
2,815
30,787
overdraft
-6,392
3,172
3,220
-12,612
12,612
change in cash
-135,945
35,443
94,277
-53,291
9,537
-52,180
-7,368
62,079
-23,202
93,589
3,647
-14,783
-6,589
-8,954
2,815
30,787
able office furniture 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 able office furniture limited. Get real-time insights into able office furniture limited's credit score, group structure and payment trends.
Perform a competitor analysis for able office furniture limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in NP22 area or any other competitors across 12 key performance metrics.
able office furniture limited Ownership
ABLE OFFICE FURNITURE LIMITED group structure
Able Office Furniture Limited has no subsidiary companies.
Ultimate parent company
ABLE OFFICE FURNITURE LIMITED
05263073
ABLE OFFICE FURNITURE LIMITED Shareholders
The largest shareholders in Able Office Furniture Limited include Paul Jackson and Jacqueline Jackson.
paul jackson
99.99%
jacqueline jackson
0%
joanna jackson
0%
richard jackson
0%
laura jackson
0%
simon payne
0%
able office furniture limited directors
Able Office Furniture Limited currently has 2 directors.
The longest serving directors include
Mr Paul Jackson (Oct 2004) and
Ms Jacqueline Jackson (Jan 2013).
unit 8, tafarnaubach industrial estate, tredegar, NP22 3AA
Bank
-
Legal Advisor
-
able office furniture 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 able office furniture limited.
able office furniture 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 ABLE OFFICE FURNITURE LIMITED. This can take several minutes, an email will notify you when this has completed.
able office furniture limitedCompanies House Filings - See Documents
