abingdon health plc
abingdon health plc Company Information
Company Number
06475379
Website
www.abingdonhealth.comRegistered Address
york biotech campus sand hutton, york, YO41 1LZ
Industry
Manufacture of other chemical products n.e.c.
Other research and experimental development on natural sciences and engineering
Telephone
01904406082
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
trustees of npif yhtv equity lp 25.6%
christopher hand 17.1%
View Allabingdon health plc Estimated Valuation
Pomanda estimates the enterprise value of ABINGDON HEALTH PLC at £4.4m based on a Turnover of £4m and 1.1x industry multiple (adjusted for size and gross margin).
abingdon health plc Estimated Valuation
Pomanda estimates the enterprise value of ABINGDON HEALTH PLC at £0 based on an EBITDA of £-2.9m and a 5.9x industry multiple (adjusted for size and gross margin).
abingdon health plc Estimated Valuation
Pomanda estimates the enterprise value of ABINGDON HEALTH PLC at £6.9m based on Net Assets of £3m and 2.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Abingdon Health Plc Overview
Abingdon Health Plc is a live company located in york, YO41 1LZ with a Companies House number of 06475379. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in January 2008, it's largest shareholder is trustees of npif yhtv equity lp with a 25.6% stake. Abingdon Health Plc is a established, small sized company, Pomanda has estimated its turnover at £4m with declining growth in recent years.
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Abingdon Health Plc Health Check
Pomanda's financial health check has awarded Abingdon Health Plc a 3.5 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £4m, make it smaller than the average company (£12.2m)
£4m - Abingdon Health Plc
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.6%)
-8% - Abingdon Health Plc
6.6% - Industry AVG
Production
with a gross margin of 51.3%, this company has a lower cost of product (38.9%)
51.3% - Abingdon Health Plc
38.9% - Industry AVG
Profitability
an operating margin of -88.3% make it less profitable than the average company (5%)
-88.3% - Abingdon Health Plc
5% - Industry AVG
Employees
with 82 employees, this is above the industry average (51)
82 - Abingdon Health Plc
51 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£54.1k)
£48.2k - Abingdon Health Plc
£54.1k - Industry AVG
Efficiency
resulting in sales per employee of £49.3k, this is less efficient (£218.7k)
£49.3k - Abingdon Health Plc
£218.7k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (53 days)
63 days - Abingdon Health Plc
53 days - Industry AVG
Creditor Days
its suppliers are paid after 205 days, this is slower than average (45 days)
205 days - Abingdon Health Plc
45 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is less than average (99 days)
60 days - Abingdon Health Plc
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (25 weeks)
79 weeks - Abingdon Health Plc
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a higher level of debt than the average (41.8%)
50.3% - Abingdon Health Plc
41.8% - Industry AVG
ABINGDON HEALTH PLC financials
Abingdon Health Plc's latest turnover from June 2023 is £4 million and the company has net assets of £3 million. According to their latest financial statements, Abingdon Health Plc has 82 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,045,000 | 2,835,000 | 11,618,000 | 5,235,000 | 2,277,293 | 2,268,446 | 1,390,642 | 1,118,050 | 1,180,720 | 1,868,744 | 782,814 | 78,008 | ||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 1,970,000 | 6,427,000 | 7,475,000 | 1,149,000 | 705,383 | 583,090 | 333,402 | 326,000 | 328,660 | 696,002 | 358,416 | 0 | ||
| Gross Profit | 2,075,000 | -3,592,000 | 4,143,000 | 4,086,000 | 1,571,910 | 1,685,356 | 1,057,240 | 792,050 | 852,060 | 1,172,742 | 424,398 | 78,008 | ||
| Admin Expenses | 5,648,000 | 17,936,000 | 10,863,000 | 7,398,000 | 2,967,341 | 6,359,100 | 3,459,606 | 3,248,915 | 3,515,768 | 2,268,824 | 1,707,349 | 20,638 | ||
| Operating Profit | -3,573,000 | -21,528,000 | -6,720,000 | -3,312,000 | -1,395,431 | -4,673,744 | -2,402,366 | -2,456,865 | -2,663,708 | -1,096,082 | -1,282,951 | 57,370 | ||
| Interest Payable | 72,000 | 69,000 | 234,000 | 65,000 | 22,430 | 4,347,644 | 1,336,507 | 355,845 | 37,883 | 5,409 | 3,649 | 10,887 | ||
| Interest Receivable | 89,000 | 4,000 | 0 | 2,000 | 3,476 | 8,677 | 25,014 | 25,177 | 28,666 | 20,212 | 15,483 | 750 | ||
| Pre-Tax Profit | -3,556,000 | -21,593,000 | -6,954,000 | -3,375,000 | -1,414,385 | 3,063,411 | -3,643,718 | -2,980,507 | -2,884,561 | -1,215,362 | -1,393,224 | 33,795 | ||
| Tax | 105,000 | 331,000 | -19,000 | 1,000 | 154,308 | 462,168 | 489,810 | 447,568 | 333,653 | 31,788 | 0 | 0 | ||
| Profit After Tax | -3,451,000 | -21,262,000 | -6,973,000 | -3,374,000 | -1,260,077 | 3,525,579 | -3,153,908 | -2,532,939 | -2,550,908 | -1,183,574 | -1,393,224 | 33,795 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -3,451,000 | -21,262,000 | -6,973,000 | -3,374,000 | -1,260,077 | 3,525,579 | -3,183,055 | -2,506,845 | -2,720,176 | -999,090 | -1,253,698 | 33,795 | ||
| Employee Costs | 3,955,000 | 5,536,000 | 8,992,000 | 2,788,000 | 2,254,087 | 4,890,944 | 2,771,392 | 2,233,959 | 1,567,752 | 1,220,364 | 740,616 | 10,894 | ||
| Number Of Employees | 82 | 130 | 151 | 51 | 44 | 50 | 48 | 45 | 40 | 32 | 19 | |||
| EBITDA* | -2,921,000 | -19,893,000 | -5,971,000 | 808,000 | -1,106,284 | -4,453,458 | -2,252,350 | -2,210,594 | -2,525,280 | -1,057,924 | -1,254,217 | 57,765 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,209,000 | 1,777,000 | 9,041,000 | 3,006,000 | 567,252 | 115,026 | 393,745 | 208,974 | 299,498 | 370,371 | 248,088 | 668 | 531 | 634 |
| Intangible Assets | 90,000 | 36,000 | 1,228,000 | 779,000 | 4,521,923 | 4,603,732 | 4,665,291 | 4,173,978 | 4,137,205 | 694,835 | 732,993 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 166,739 | 25,007 | 182,917 | 362,153 | 298,491 | 365,598 | 250,000 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 14,944 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,299,000 | 1,813,000 | 10,269,000 | 3,785,000 | 5,089,175 | 4,718,758 | 5,059,036 | 4,382,952 | 4,619,620 | 1,427,359 | 1,279,572 | 366,266 | 250,531 | 634 |
| Stock & work in progress | 329,000 | 534,000 | 7,888,000 | 779,000 | 406,414 | 389,166 | 256,071 | 134,571 | 155,601 | 127,754 | 125,586 | 0 | 0 | 0 |
| Trade Debtors | 699,000 | 6,676,000 | 9,099,000 | 246,000 | 422,518 | 96,006 | 362,180 | 147,816 | 106,707 | 235,248 | 112,675 | 16,602 | 4,317 | 98 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 286,400 | 267,200 | 248,000 | 0 | 0 | 0 |
| Misc Debtors | 448,000 | 1,168,000 | 879,000 | 1,629,000 | 337,418 | 738,346 | 702,397 | 696,930 | 536,146 | 162,838 | 235,675 | 6,322 | 0 | 0 |
| Cash | 3,236,000 | 2,397,000 | 4,977,000 | 4,388,000 | 866,152 | 476,909 | 2,034,293 | 1,726,543 | 1,161,139 | 921,038 | 1,221,231 | 65,689 | 46,047 | 44,494 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 188,741 | 305,600 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,762,000 | 10,958,000 | 22,958,000 | 7,183,000 | 2,239,093 | 1,700,427 | 3,543,682 | 3,011,460 | 2,245,993 | 1,714,078 | 1,943,167 | 88,613 | 50,364 | 44,592 |
| total assets | 6,061,000 | 12,771,000 | 33,227,000 | 10,968,000 | 7,328,268 | 6,419,185 | 8,602,718 | 7,394,412 | 6,865,613 | 3,141,437 | 3,222,739 | 454,879 | 300,895 | 45,226 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 402 | 0 | 0 | 0 |
| Bank loan | 0 | 115,000 | 125,000 | 3,318,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,111,000 | 2,471,000 | 4,196,000 | 1,125,000 | 431,106 | 215,652 | 238,346 | 186,695 | 152,623 | 64,663 | 105,817 | 0 | 9,102 | 11,058 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 13,000 | 0 | 0 | 3,182,811 | 1,195,628 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 87,000 | 150,000 | 227,000 | 221,000 | 106,639 | 3,701 | 3,344 | 18,921 | 54,589 | 51,467 | 0 | 0 | 0 | 0 |
| other current liabilities | 922,000 | 2,588,000 | 6,209,000 | 2,322,000 | 293,790 | 322,935 | 865,539 | 675,828 | 934,354 | 360,105 | 297,876 | 6,699 | 0 | 0 |
| total current liabilities | 2,120,000 | 5,324,000 | 10,757,000 | 6,986,000 | 844,535 | 542,288 | 1,107,229 | 4,064,255 | 2,337,194 | 476,235 | 404,095 | 6,699 | 9,102 | 11,058 |
| loans | 1,864,000 | 2,030,000 | 2,286,000 | 2,466,000 | 793,962 | 19,852 | 15,180,073 | 202,340 | 0 | 0 | 0 | 378,726 | 0 | 0 |
| hp & lease commitments | 224,000 | 580,000 | 776,000 | 1,004,000 | 396,981 | 9,926 | 15,388 | 0 | 18,920 | 73,510 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,744 | 85,492 | 553,000 | 683,000 | 0 | 384,590 | 179,192 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,164 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 932,000 | 1,015,000 | 1,143,000 | 1,233,000 | 396,981 | 9,926 | 7,611,148 | 283,166 | 104,412 | 626,510 | 683,000 | 378,726 | 384,590 | 179,192 |
| total liabilities | 3,052,000 | 6,339,000 | 11,900,000 | 8,219,000 | 1,241,516 | 552,214 | 8,718,377 | 4,347,421 | 2,441,606 | 1,102,745 | 1,087,095 | 385,425 | 393,692 | 190,250 |
| net assets | 3,009,000 | 6,432,000 | 21,327,000 | 2,749,000 | 6,086,752 | 5,866,971 | -115,659 | 3,046,991 | 4,424,007 | 2,038,692 | 2,043,617 | 69,454 | -92,797 | -145,024 |
| total shareholders funds | 3,009,000 | 6,432,000 | 21,327,000 | 2,749,000 | 6,086,752 | 5,866,971 | -115,659 | 3,046,991 | 4,424,007 | 2,038,692 | 2,043,617 | 69,454 | -92,797 | -145,024 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,573,000 | -21,528,000 | -6,720,000 | -3,312,000 | -1,395,431 | -4,673,744 | -2,402,366 | -2,456,865 | -2,663,708 | -1,096,082 | -1,282,951 | 57,370 | ||
| Depreciation | 644,000 | 1,516,000 | 707,000 | 222,000 | 150,003 | 188,725 | 84,799 | 147,619 | 137,721 | 37,453 | 28,734 | 395 | 625 | 674 |
| Amortisation | 8,000 | 119,000 | 42,000 | 3,898,000 | 139,144 | 31,561 | 65,217 | 98,652 | 707 | 705 | 0 | 0 | 0 | 0 |
| Tax | 105,000 | 331,000 | -19,000 | 1,000 | 154,308 | 462,168 | 489,810 | 447,568 | 333,653 | 31,788 | 0 | 0 | ||
| Stock | -205,000 | -7,354,000 | 7,109,000 | 372,586 | 17,248 | 389,166 | 121,500 | -21,030 | 27,847 | 2,168 | 125,586 | 0 | 0 | 0 |
| Debtors | -6,697,000 | -2,134,000 | 8,103,000 | 1,100,120 | -59,472 | 834,352 | 219,831 | -84,507 | 263,967 | 68,936 | 573,426 | 22,826 | 4,219 | 98 |
| Creditors | -1,360,000 | -1,725,000 | 3,071,000 | 693,894 | 215,454 | 215,652 | 51,651 | 34,072 | 87,960 | -41,154 | 105,817 | -11,058 | -1,956 | 11,058 |
| Accruals and Deferred Income | -1,666,000 | -3,621,000 | 3,887,000 | 2,028,210 | -29,145 | 322,935 | 189,711 | -258,526 | 574,249 | 62,229 | 291,177 | 6,699 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -8,164 | 8,164 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,060,000 | -15,420,000 | -14,244,000 | 2,058,398 | -723,443 | -4,676,221 | -1,870,673 | -1,873,779 | -1,821,232 | -1,076,165 | -1,556,235 | 30,580 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | -91,775 | -90,654 | -19,149 | -532 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 141,732 | -157,910 | -179,236 | 63,662 | -67,107 | 365,598 | 250,000 | 0 |
| cash flow from investments | 87,461 | -154,316 | 47,958 | -366,130 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -115,000 | -10,000 | -3,193,000 | 3,318,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -13,000 | 13,000 | 0 | -3,182,811 | 1,987,183 | 1,195,628 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -166,000 | -256,000 | -180,000 | 1,672,038 | 774,110 | 19,852 | 14,977,733 | 202,340 | 0 | 0 | -378,726 | 378,726 | 0 | 0 |
| Hire Purchase and Lease Commitments | -419,000 | -273,000 | -222,000 | 721,380 | 489,993 | 13,627 | -189 | -54,588 | -51,468 | 124,977 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -76,744 | -8,748 | -467,508 | -130,000 | 683,000 | -179,192 | 205,398 | 179,192 |
| share issue | ||||||||||||||
| interest | 17,000 | -65,000 | -234,000 | -63,000 | -18,954 | -4,338,967 | -1,311,493 | -330,668 | -9,217 | 14,803 | 11,834 | -10,137 | ||
| cash flow from financing | -655,000 | 5,763,000 | 21,722,000 | 5,671,666 | 2,738,007 | -1,964,096 | 10,426,901 | 2,925,348 | 5,772,926 | 1,003,945 | 3,543,969 | 370,080 | ||
| cash and cash equivalents | ||||||||||||||
| cash | 839,000 | -2,580,000 | 589,000 | 3,521,848 | 389,243 | 476,909 | 307,750 | 565,404 | 240,101 | -300,193 | 1,155,542 | 21,195 | 1,553 | 44,494 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -402 | 402 | 0 | 0 | 0 |
| change in cash | 839,000 | -2,580,000 | 589,000 | 3,521,848 | 389,243 | 476,909 | 307,750 | 565,404 | 240,101 | -299,791 | 1,155,140 | 21,195 | 1,553 | 44,494 |
abingdon health plc Credit Report and Business Information
Abingdon Health Plc Competitor Analysis
Perform a competitor analysis for abingdon health plc by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in YO41 area or any other competitors across 12 key performance metrics.
abingdon health plc Ownership
ABINGDON HEALTH PLC group structure
Abingdon Health Plc has 4 subsidiary companies.
Ultimate parent company
ABINGDON HEALTH PLC
06475379
4 subsidiaries
abingdon health plc directors
Abingdon Health Plc currently has 3 directors. The longest serving directors include Dr Christopher Hand (Jan 2008) and Mr Chris Yates (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Christopher Hand | United Kingdom | 63 years | Jan 2008 | - | Director |
| Mr Chris Yates | England | 50 years | Mar 2012 | - | Director |
| Mrs Mary Tavener | England | 62 years | Oct 2020 | - | Director |
P&L
June 2023turnover
4m
+43%
operating profit
-3.6m
-83%
gross margin
51.3%
-140.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
3m
-0.53%
total assets
6.1m
-0.53%
cash
3.2m
+0.35%
net assets
Total assets minus all liabilities
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abingdon health plc company details
company number
06475379
Type
Public limited with Share Capital
industry
20590 - Manufacture of other chemical products n.e.c.
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
January 2008
age
16
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
abingdon health ltd (November 2020)
accountant
-
auditor
BDO LLP
address
york biotech campus sand hutton, york, YO41 1LZ
Bank
BARCLAYS BANK PLC
Legal Advisor
SQUIRE PATTON BOGGS (UK) LLP
abingdon health plc 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 7 charges/mortgages relating to abingdon health plc. Currently there are 2 open charges and 5 have been satisfied in the past.
abingdon health plc Companies House Filings - See Documents
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