n-able property services ltd

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n-able property services ltd Company Information

Share N-ABLE PROPERTY SERVICES LTD

Company Number

05624733

Directors

Danny Innes

Colette McHugh

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Shareholders

n-able holdings limited

Group Structure

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Industry

Development of building projects

 

Registered Address

spring lodge 172 chester road, helsby, cheshire, WA6 0AR

n-able property services ltd Estimated Valuation

£199.6k

Pomanda estimates the enterprise value of N-ABLE PROPERTY SERVICES LTD at £199.6k based on a Turnover of £420.9k and 0.47x industry multiple (adjusted for size and gross margin).

n-able property services ltd Estimated Valuation

£314.7k

Pomanda estimates the enterprise value of N-ABLE PROPERTY SERVICES LTD at £314.7k based on an EBITDA of £83.9k and a 3.75x industry multiple (adjusted for size and gross margin).

n-able property services ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of N-ABLE PROPERTY SERVICES LTD at £1.8m based on Net Assets of £1.3m and 1.41x industry multiple (adjusted for liquidity).

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N-able Property Services Ltd Overview

N-able Property Services Ltd is a live company located in cheshire, WA6 0AR with a Companies House number of 05624733. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2005, it's largest shareholder is n-able holdings limited with a 100% stake. N-able Property Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £420.9k with declining growth in recent years.

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N-able Property Services Ltd Health Check

Pomanda's financial health check has awarded N-Able Property Services Ltd a 4 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 Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £420.9k, make it smaller than the average company (£2.3m)

£420.9k - N-able Property Services Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6%)

-3% - N-able Property Services Ltd

6% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - N-able Property Services Ltd

26.4% - Industry AVG

profitability

Profitability

an operating margin of 19.1% make it more profitable than the average company (7.5%)

19.1% - N-able Property Services Ltd

7.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (6)

3 - N-able Property Services Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - N-able Property Services Ltd

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £140.3k, this is less efficient (£274.9k)

£140.3k - N-able Property Services Ltd

£274.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is later than average (27 days)

34 days - N-able Property Services Ltd

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (31 days)

4 days - N-able Property Services Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - N-able Property Services Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (11 weeks)

39 weeks - N-able Property Services Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (73.7%)

35.7% - N-able Property Services Ltd

73.7% - Industry AVG

N-ABLE PROPERTY SERVICES LTD financials

EXPORTms excel logo

N-Able Property Services Ltd's latest turnover from March 2024 is estimated at £420.9 thousand and the company has net assets of £1.3 million. According to their latest financial statements, N-Able Property Services Ltd has 3 employees and maintains cash reserves of £541 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover420,909552,078562,472464,126883,0236,187,6296,614,1516,933,8286,793,3815,732,9275,062,0725,128,7174,657,8356,143,5586,473,050
Other Income Or Grants
Cost Of Sales309,702409,040424,332349,901644,3971,197,5381,580,8101,345,3191,184,845941,219918,6591,030,504902,7021,331,4141,039,280
Gross Profit111,207143,038138,141114,225238,6264,990,0915,033,3415,588,5095,608,5364,791,7084,143,4134,098,2133,755,1334,812,1445,433,770
Admin Expenses30,96241,710-329,143-46,7832,812,0994,479,9414,721,2175,285,2465,264,6584,103,3023,655,9163,671,3483,851,6704,459,6355,296,206
Operating Profit80,245101,328467,284161,008-2,573,473510,150312,124303,263343,878688,406487,497426,865-96,537352,509137,564
Interest Payable1,2728,2636,7104,10012,30013,36016,97523,32619,26318,90838,438
Interest Receivable24,27510,5001,3892022771263222676169541056606
Pre-Tax Profit104,520110,557460,411154,500-2,573,196510,150312,250299,485331,604675,122470,691403,593-115,790326,25792,332
Tax-26,130-21,006-87,478-29,355-126,947-89,801-45,875-128,064-77,125-39,950-55,536-9,870-54,6844,394
Profit After Tax78,39089,551372,933125,145-2,573,196383,203222,449253,610203,540597,997430,741348,057-125,660271,57396,726
Dividends Paid267,00022,050
Retained Profit78,39089,551372,933125,145-2,573,196382,451232,145253,610203,540330,997408,691348,057-125,660271,57396,726
Employee Costs144,828138,064133,496130,427173,7992,854,8083,289,0683,471,7711,004,235768,306698,984713,741698,542985,8261,011,604
Number Of Employees3333467788425201920202930
EBITDA*83,926104,018469,858161,298-2,573,086700,557484,799584,831641,448853,417638,960582,07559,993510,651325,506

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets11,0428,0717,7218701,16081,15274,452101,120128,358159,279136,488122,367139,216148,413205,429
Intangible Assets148,942297,883354,905575,139842,877942,3131,041,7491,141,1851,240,5211,339,957
Investments & Other1,284,0011,284,0011,284,0011,284,0011,284,00114,54815,300105,78894,11567,155
Debtors (Due After 1 year)
Total Fixed Assets1,295,0431,292,0721,291,7221,284,8711,285,161244,642387,635561,813797,6121,069,3111,078,8011,164,1161,280,4011,388,9341,545,386
Stock & work in progress
Trade Debtors40,09571,21572,41556,080109,7271,988,6491,885,1201,790,8411,886,1451,560,0421,421,3941,185,6411,240,7591,131,1681,545,810
Group Debtors49,000100,0001,727,9401,518,2441,356,2541,028,695744,896764,261551,115191,694
Misc Debtors59,52358,13959,5079,3695,473111,901163,213165,454126,15384,97777,33756,213106,665333,653142,405
Cash540,996383,772110,359260,108143,806411,092188,008192,23936,528347,788162,373224,92260,745164,22964,883
misc current assets
total current assets689,614613,126242,281325,557259,0064,239,5823,754,5853,504,7883,077,5212,737,7032,425,3652,017,8911,599,8631,629,0501,753,098
total assets1,984,6571,905,1981,534,0031,610,4281,544,1674,484,2244,142,2204,066,6013,875,1333,807,0143,504,1663,182,0072,880,2643,017,9843,298,484
Bank overdraft24,98017,293
Bank loan24,817220,000
Trade Creditors 3,9943,10213,82310,85122,360503,098456,511520,531385,982429,464357,046258,197466,373378,413480,684
Group/Directors Accounts661,348667,932360,897616,434863,41976,50094,500124,00099399380,998213,318592,612
other short term finances
hp & lease commitments8,33914,16716,7217,66519,442
other current liabilities40,72035,18725,10628,01848,353674,658676,605627,269728,544620,000616,667599,584443,717561,835540,232
total current liabilities706,062706,221424,643875,303934,1321,254,2561,227,6161,271,8001,114,5261,050,457983,045952,946951,7911,161,2311,650,263
loans
hp & lease commitments8,33922,5052,55510,124
Accruals and Deferred Income
other liabilities36,00036,00036,000160,000192,661330,928439,220472,523295,242350,714
provisions2,7611,5331,46716522010,9578,04412,1226,211
total long term liabilities2,7611,5331,46716522046,95744,04448,122166,211192,661330,928447,559495,028297,797360,838
total liabilities708,823707,754426,110875,468934,3521,301,2131,271,6601,319,9221,280,7371,243,1181,313,9731,400,5051,446,8191,459,0282,011,101
net assets1,275,8341,197,4441,107,893734,960609,8153,183,0112,870,5602,746,6792,594,3962,563,8962,137,3241,732,5641,380,4161,480,1131,185,570
total shareholders funds1,275,8341,197,4441,107,893734,960609,8153,183,0112,870,5602,746,6792,594,3962,563,8962,137,3241,732,5641,380,4161,480,1131,185,570
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit80,245101,328467,284161,008-2,573,473510,150312,124303,263343,878688,406487,497426,865-96,537352,509137,564
Depreciation3,6812,6902,57429038741,46654,37361,33479,83265,57552,02755,77457,09458,70688,506
Amortisation148,941118,302220,234217,73899,43699,43699,43699,43699,43699,436
Tax-26,130-21,006-87,478-29,355-126,947-89,801-45,875-128,064-77,125-39,950-55,536-9,870-54,6844,394
Stock
Debtors-80,73697,43266,473-49,751-3,713,290261,913254,028271,556651,078126,923470,023253,85174,297-223,3941,688,215
Creditors892-10,7212,972-11,509-480,73846,587-64,020134,549-43,48272,41898,849-208,17687,960-102,271480,684
Accruals and Deferred Income5,53310,081-2,912-20,335-626,305-1,94749,336-101,275108,5443,33317,083155,867-118,11821,603540,232
Deferred Taxes & Provisions1,228661,302-55-10,7372,913-4,0785,9116,211
Cash flow from operations146,185-14,994317,269149,79522,424359,250122,208306,585-66,421725,120244,919220,379-54,332598,693-337,399
Investing Activities
capital expenditure-6,652-3,040-9,425228,547-48,166-88,985-34,0961,089-88,366-66,148-38,925-47,997-1,690-1,733,328
Change in Investments1,269,453-752-90,48811,67326,96067,155
cash flow from investments-6,652-3,040-9,425-1,040,906-47,4141,503-45,769-25,871-155,521-66,148-38,925-47,997-1,690-1,733,328
Financing Activities
Bank loans-24,817-195,183220,000
Group/Directors Accounts-6,584307,035-255,537-246,985786,919-18,000-29,500124,000-993-80,00580,998-213,318-379,294592,612
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-8,339-14,167-16,72029,006-19,34629,566
other long term liabilities-36,000-124,000-32,661-138,267-108,292-33,303177,281-55,472350,714
share issue-70,000-108,264-101,327-173,04095,575-3,9314,09125,96322,9701,088,844
interest24,2759,228-6,874-6,508277126-3,778-12,274-13,284-16,806-23,272-19,253-18,852-37,832
cash flow from financing17,691291,446-457,594-33,493751,196-88,000-137,638-105,105-218,968-64,315-223,20111,794-321-449,9942,023,904
cash and cash equivalents
cash157,224273,413-149,749116,302-267,286223,084-4,231155,711-311,260185,415-62,549164,177-103,48499,34664,883
overdraft-24,98024,980-17,29317,293
change in cash157,224273,413-149,749116,302-267,286223,084-4,231155,711-311,260185,415-62,549189,157-128,464116,63947,590

n-able property services ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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N-able Property Services Ltd Competitor Analysis

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Perform a competitor analysis for n-able property services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WA6 area or any other competitors across 12 key performance metrics.

n-able property services ltd Ownership

N-ABLE PROPERTY SERVICES LTD group structure

N-Able Property Services Ltd has 3 subsidiary companies.

Ultimate parent company

1 parent

N-ABLE PROPERTY SERVICES LTD

05624733

3 subsidiaries

N-ABLE PROPERTY SERVICES LTD Shareholders

n-able holdings limited 100%

n-able property services ltd directors

N-Able Property Services Ltd currently has 5 directors. The longest serving directors include Mr Danny Innes (Oct 2007) and Ms Colette McHugh (Dec 2010).

officercountryagestartendrole
Mr Danny InnesEngland59 years Oct 2007- Director
Ms Colette McHughEngland63 years Dec 2010- Director
Mr Francis HerlihyEngland59 years Jan 2025- Director
Mr Alasdair RyderScotland63 years Jan 2025- Director
Dr George TuckwellEngland51 years Jan 2025- Director

P&L

March 2024

turnover

420.9k

-24%

operating profit

80.2k

0%

gross margin

26.5%

+1.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.3m

+0.07%

total assets

2m

+0.04%

cash

541k

+0.41%

net assets

Total assets minus all liabilities

n-able property services ltd company details

company number

05624733

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 2005

age

20

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

stoneacre uk limited (January 2008)

accountant

-

auditor

CLEMENCE HOAR CUMMINGS

address

spring lodge 172 chester road, helsby, cheshire, WA6 0AR

Bank

-

Legal Advisor

-

n-able property services ltd 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 1 charges/mortgages relating to n-able property services ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

n-able property services 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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n-able property services ltd Companies House Filings - See Documents

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