affordable aluminium systems limited

affordable aluminium systems limited Company Information

Share AFFORDABLE ALUMINIUM SYSTEMS LIMITED
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EstablishedLargeHealthy

Company Number

05997067

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

affordable aluminium limited

Group Structure

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Contact

Registered Address

affordable business centre, beacon road, poulton-le-fylde, FY6 8JE

affordable aluminium systems limited Estimated Valuation

£95.5m

Pomanda estimates the enterprise value of AFFORDABLE ALUMINIUM SYSTEMS LIMITED at £95.5m based on a Turnover of £24.8m and 3.85x industry multiple (adjusted for size and gross margin).

affordable aluminium systems limited Estimated Valuation

£17.6m

Pomanda estimates the enterprise value of AFFORDABLE ALUMINIUM SYSTEMS LIMITED at £17.6m based on an EBITDA of £2.3m and a 7.62x industry multiple (adjusted for size and gross margin).

affordable aluminium systems limited Estimated Valuation

£8.3m

Pomanda estimates the enterprise value of AFFORDABLE ALUMINIUM SYSTEMS LIMITED at £8.3m based on Net Assets of £4.9m and 1.71x industry multiple (adjusted for liquidity).

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Affordable Aluminium Systems Limited Overview

Affordable Aluminium Systems Limited is a live company located in poulton-le-fylde, FY6 8JE with a Companies House number of 05997067. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2006, it's largest shareholder is affordable aluminium limited with a 100% stake. Affordable Aluminium Systems Limited is a established, large sized company, Pomanda has estimated its turnover at £24.8m with healthy growth in recent years.

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Affordable Aluminium Systems Limited Health Check

Pomanda's financial health check has awarded Affordable Aluminium Systems Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £24.8m, make it larger than the average company (£922.2k)

£24.8m - Affordable Aluminium Systems Limited

£922.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (4.9%)

12% - Affordable Aluminium Systems Limited

4.9% - Industry AVG

production

Production

with a gross margin of 27.9%, this company has a higher cost of product (75.6%)

27.9% - Affordable Aluminium Systems Limited

75.6% - Industry AVG

profitability

Profitability

an operating margin of 9.3% make it less profitable than the average company (29.7%)

9.3% - Affordable Aluminium Systems Limited

29.7% - Industry AVG

employees

Employees

with 139 employees, this is above the industry average (4)

139 - Affordable Aluminium Systems Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.5k, the company has a higher pay structure (£32.5k)

£42.5k - Affordable Aluminium Systems Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £178.3k, this is equally as efficient (£179.2k)

£178.3k - Affordable Aluminium Systems Limited

£179.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (30 days)

55 days - Affordable Aluminium Systems Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is close to average (38 days)

37 days - Affordable Aluminium Systems Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 83 days, this is more than average (53 days)

83 days - Affordable Aluminium Systems Limited

53 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (12 weeks)

15 weeks - Affordable Aluminium Systems Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (64%)

46.8% - Affordable Aluminium Systems Limited

64% - Industry AVG

AFFORDABLE ALUMINIUM SYSTEMS LIMITED financials

EXPORTms excel logo

Affordable Aluminium Systems Limited's latest turnover from March 2024 is £24.8 million and the company has net assets of £4.9 million. According to their latest financial statements, we estimate that Affordable Aluminium Systems Limited has 139 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover24,783,57223,903,54922,624,27317,749,77917,883,0246,668,8475,919,95412,964,42901,053,022928,149977,393789,365190,82014,400
Other Income Or Grants000000000000000
Cost Of Sales17,858,26117,994,69515,276,55312,079,19212,607,1481,776,8901,483,3023,268,2280363,491327,627336,042262,19365,0714,587
Gross Profit6,925,3115,908,8547,347,7205,670,5875,275,8764,891,9574,436,6529,696,2010689,531600,522641,351527,172125,7499,813
Admin Expenses4,609,4543,496,8433,277,3352,780,6212,758,3432,368,3831,950,2768,567,15518,313689,473600,474641,454527,198125,7629,822
Operating Profit2,315,8572,412,0114,070,3852,889,9662,517,5332,523,5742,486,3761,129,046-18,3135848-103-26-13-9
Interest Payable9,6717,9138,6912144,3300000000000
Interest Receivable35,196002382,3796,1102,6301504821304126139
Pre-Tax Profit2,341,3822,404,0984,061,6942,889,9902,515,5822,529,6842,489,0061,129,196-18,2657978-62000
Tax-641,433-370,919-547,623-455,744-498,152-480,640-472,911-225,8390-16-160000
Profit After Tax1,699,9492,033,1793,514,0712,434,2462,017,4302,049,0442,016,095903,357-18,2656362-62000
Dividends Paid4,450,00001,300,0004,028,7002,000,1800000000000
Retained Profit-2,750,0512,033,1792,214,071-1,594,45417,2502,049,0442,016,095903,357-18,2656362-62000
Employee Costs5,914,2475,279,9284,610,9573,615,7513,804,336189,197182,6472,711,5810184,225151,200168,926144,54746,95024,459
Number Of Employees139141156136128771060767621
EBITDA*2,315,8572,412,0114,070,3852,889,9662,517,5332,523,5742,486,3761,129,046-18,3135848-103-26-13-9

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress4,089,6233,980,7504,588,1503,667,0902,297,9842,345,490000370,000416,855416,855416,855416,855416,855
Trade Debtors3,745,9951,247,6901,941,347796,674827,040947,882807,9211,253,87400000202359
Group Debtors03,033,4541,051,4301,305,4784,028,9173,375,0501,826,766856,2200000000
Misc Debtors94,2253,53761,95261,952203,996239,3541,031,1010148000000
Cash1,224,6471,914,4341,298,1741,971,346739,200682,185947,215104,94015,3613,8284,5727,5039,0291,3683,646
misc current assets0000000000022621300
total current assets9,154,49010,179,8658,941,0537,802,5408,097,1377,589,9614,613,0032,215,03415,509373,828421,427424,584426,097418,425420,860
total assets9,154,49010,179,8658,941,0537,802,5408,097,1377,589,9614,613,0032,215,03415,509373,828421,427424,584426,097418,425420,860
Bank overdraft000000000000000
Bank loan50,00050,00050,00033,33300000000000
Trade Creditors 1,849,2331,670,5511,873,2772,752,0061,860,4441,074,2061,153,771953,3340373,5050331,511284,711186,1420
Group/Directors Accounts1,291,0085,499257,585546,780993,8461,083,83662,00000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,031,200720,7151,010,270880,404275,043481,365495,722376,28533,451000000
total current liabilities4,221,4412,446,7653,191,1324,212,5233,129,3332,639,4071,711,4931,329,61933,451373,5050331,511284,711186,1420
loans62,500112,500162,500216,66700000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000421,16792,875141,126232,023420,600
provisions000000000000000
total long term liabilities62,500112,500162,500216,667000000421,16792,875141,126232,023420,600
total liabilities4,283,9412,559,2653,353,6324,429,1903,129,3332,639,4071,711,4931,329,61933,451373,505421,167424,386425,837418,165420,600
net assets4,870,5497,620,6005,587,4213,373,3504,967,8044,950,5542,901,510885,415-17,942323260198260260260
total shareholders funds4,870,5497,620,6005,587,4213,373,3504,967,8044,950,5542,901,510885,415-17,942323260198260260260
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit2,315,8572,412,0114,070,3852,889,9662,517,5332,523,5742,486,3761,129,046-18,3135848-103-26-13-9
Depreciation000000000000000
Amortisation000000000000000
Tax-641,433-370,919-547,623-455,744-498,152-480,640-472,911-225,8390-16-160000
Stock108,873-607,400921,0601,369,106-47,5062,345,49000-370,000-46,8550000416,855
Debtors-444,4611,229,952890,625-2,895,849497,667896,4981,555,6942,109,946148000-202-157359
Creditors178,682-202,726-878,729891,562786,238-79,565200,437953,334-373,505373,505-331,51146,80098,569186,1420
Accruals and Deferred Income310,485-289,555129,866605,361-206,322-14,357119,437342,83433,451000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations2,499,179926,259962,2145,457,8882,149,136-1,292,976777,64589,42911,485420,402-331,47946,69798,745186,286-417,223
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans0016,66733,33300000000000
Group/Directors Accounts1,285,509-252,086-289,195-447,066-89,9901,021,83662,00000000000
Other Short Term Loans 000000000000000
Long term loans-50,000-50,000-54,167216,66700000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-421,167328,292-48,251-90,897-188,577420,600
share issue00000000000000260
interest25,525-7,913-8,69124-1,9516,1102,6301504821304126139
cash flow from financing1,261,034-309,999-335,386-197,042-91,9411,027,94664,63015048-421,146328,322-48,210-90,871-188,564420,869
cash and cash equivalents
cash-689,787616,260-673,1721,232,14657,015-265,030842,27589,57911,533-744-2,931-1,5267,661-2,2783,646
overdraft000000000000000
change in cash-689,787616,260-673,1721,232,14657,015-265,030842,27589,57911,533-744-2,931-1,5267,661-2,2783,646

affordable aluminium systems limited 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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Affordable Aluminium Systems Limited Competitor Analysis

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Perform a competitor analysis for affordable aluminium systems limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in FY6 area or any other competitors across 12 key performance metrics.

affordable aluminium systems limited Ownership

AFFORDABLE ALUMINIUM SYSTEMS LIMITED group structure

Affordable Aluminium Systems Limited has no subsidiary companies.

Ultimate parent company

2 parents

AFFORDABLE ALUMINIUM SYSTEMS LIMITED

05997067

AFFORDABLE ALUMINIUM SYSTEMS LIMITED Shareholders

affordable aluminium limited 100%

affordable aluminium systems limited directors

Affordable Aluminium Systems Limited currently has 7 directors. The longest serving directors include Mr Edward Gaughan (Nov 2006) and Mrs Karen Mageean (Feb 2017).

officercountryagestartendrole
Mr Edward GaughanEngland75 years Nov 2006- Director
Mrs Karen MageeanEngland60 years Feb 2017- Director
Mr Andrew HoopEngland58 years Feb 2017- Director
Mr Lawrence MyersEngland55 years Feb 2017- Director
Mr Michael GaughanEngland70 years Sep 2018- Director
Mr Simon YoulesEngland54 years Sep 2018- Director
Mr Steven FitzmauriceEngland48 years Sep 2018- Director

P&L

March 2024

turnover

24.8m

+4%

operating profit

2.3m

-4%

gross margin

28%

+13.04%

turnover

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

Balance Sheet

March 2024

net assets

4.9m

-0.36%

total assets

9.2m

-0.1%

cash

1.2m

-0.36%

net assets

Total assets minus all liabilities

affordable aluminium systems limited company details

company number

05997067

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2006

age

19

incorporated

UK

accounts

Full Accounts

last accounts submitted

March 2024

previous names

keystone lifestyle homes ltd (March 2015)

keystone luxury homes ltd (November 2006)

accountant

-

auditor

JS. AUDIT LIMITED

address

affordable business centre, beacon road, poulton-le-fylde, FY6 8JE

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

affordable aluminium systems 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 found 4 charges/mortgages relating to affordable aluminium systems limited. Currently there are 3 open charges and 1 have been satisfied in the past.

affordable aluminium systems 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 AFFORDABLE ALUMINIUM SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.

affordable aluminium systems limited Companies House Filings - See Documents

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