abbot hire limited
abbot hire limited Company Information
Company Number
06504913
Next Accounts
Nov 2025
Shareholders
angela hug williams
karl benjamin hug williams
Group Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
the mill, kingsteingnton road, newton abbot, devon, TQ12 2QA
Website
www.abbothirelimited.comabbot hire limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOT HIRE LIMITED at £122.5k based on a Turnover of £286.7k and 0.43x industry multiple (adjusted for size and gross margin).
abbot hire limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOT HIRE LIMITED at £8.6k based on an EBITDA of £3.7k and a 2.33x industry multiple (adjusted for size and gross margin).
abbot hire limited Estimated Valuation
Pomanda estimates the enterprise value of ABBOT HIRE LIMITED at £0 based on Net Assets of £-150k and 2.15x industry multiple (adjusted for liquidity).
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Abbot Hire Limited Overview
Abbot Hire Limited is a live company located in devon, TQ12 2QA with a Companies House number of 06504913. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in February 2008, it's largest shareholder is angela hug williams with a 50% stake. Abbot Hire Limited is a established, micro sized company, Pomanda has estimated its turnover at £286.7k with high growth in recent years.
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Abbot Hire Limited Health Check
Pomanda's financial health check has awarded Abbot Hire Limited a 2 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £286.7k, make it smaller than the average company (£12.2m)
- Abbot Hire Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (10.4%)
- Abbot Hire Limited
10.4% - Industry AVG
Production
with a gross margin of 20.5%, this company has a higher cost of product (34.8%)
- Abbot Hire Limited
34.8% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (12.2%)
- Abbot Hire Limited
12.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (59)
3 - Abbot Hire Limited
59 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Abbot Hire Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £95.6k, this is less efficient (£222k)
- Abbot Hire Limited
£222k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (59 days)
- Abbot Hire Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (46 days)
- Abbot Hire Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abbot Hire Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abbot Hire Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 350%, this is a higher level of debt than the average (55.7%)
350% - Abbot Hire Limited
55.7% - Industry AVG
ABBOT HIRE LIMITED financials
Abbot Hire Limited's latest turnover from February 2024 is estimated at £286.7 thousand and the company has net assets of -£150 thousand. According to their latest financial statements, Abbot Hire Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 73,353 | 93,086 | 80,753 | 65,391 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 7,979 | 8,891 | 8,368 | 8,421 | |||||||||||
| Gross Profit | 65,374 | 84,195 | 72,385 | 56,970 | |||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -15,813 | -9,014 | -16,379 | -36,960 | |||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -15,813 | -9,014 | -16,379 | -36,960 | |||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -15,813 | -9,014 | -16,379 | -36,960 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,000 | 27,280 | 35,492 | 43,096 | 41,234 | 34,821 | 31,639 | 22,039 | 12,169 | 13,620 | 16,002 | 21,336 | 27,402 | 33,952 | 42,344 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 25,000 | 27,280 | 35,492 | 43,096 | 41,234 | 34,821 | 31,639 | 22,039 | 12,169 | 13,620 | 16,002 | 21,336 | 27,402 | 33,952 | 42,344 |
| Stock & work in progress | 36,400 | 36,400 | 30,400 | 28,500 | 28,500 | 26,277 | 20,985 | 13,435 | 11,184 | 1,339 | 1,339 | ||||
| Trade Debtors | 35,000 | 37,507 | 8,281 | 16,275 | 9,850 | 7,234 | 15,742 | 20,490 | 44,612 | 52,749 | 19,863 | 10,985 | 9,698 | 2,874 | 3,311 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 50 | 4,769 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 5,182 | 5,065 | ||||
| misc current assets | |||||||||||||||
| total current assets | 35,000 | 37,507 | 44,731 | 57,444 | 40,300 | 35,784 | 44,292 | 46,817 | 44,612 | 52,749 | 40,898 | 24,470 | 20,932 | 9,395 | 9,715 |
| total assets | 60,000 | 64,787 | 80,223 | 100,540 | 81,534 | 70,605 | 75,931 | 68,856 | 56,781 | 66,369 | 56,900 | 45,806 | 48,334 | 43,347 | 52,059 |
| Bank overdraft | 4,558 | 7,148 | 6,752 | 4,415 | 3,093 | 4,379 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 100,000 | 100,987 | 94,826 | 16,913 | 15,314 | 12,814 | 10,314 | 11,771 | 83,084 | 91,986 | 90,679 | 11,440 | 7,601 | 11,337 | 7,595 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 85,094 | 90,258 | 73,225 | 74,235 | 74,974 | 65,576 | 54,844 | 41,486 | 37,561 | ||||||
| total current liabilities | 100,000 | 100,987 | 94,826 | 102,007 | 110,130 | 93,187 | 91,301 | 91,160 | 83,084 | 91,986 | 90,679 | 80,109 | 66,824 | 52,823 | 45,156 |
| loans | 100,000 | 100,000 | 100,000 | 100,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 110,000 | 116,570 | 121,451 | 125,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | ||||
| provisions | |||||||||||||||
| total long term liabilities | 110,000 | 116,570 | 121,451 | 125,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| total liabilities | 210,000 | 217,557 | 216,277 | 227,007 | 210,130 | 193,187 | 191,301 | 191,160 | 183,084 | 191,986 | 190,679 | 180,109 | 166,824 | 152,823 | 145,156 |
| net assets | -150,000 | -152,770 | -136,054 | -126,467 | -128,596 | -122,582 | -115,370 | -122,304 | -126,303 | -125,617 | -133,779 | -134,303 | -118,490 | -109,476 | -93,097 |
| total shareholders funds | -150,000 | -152,770 | -136,054 | -126,467 | -128,596 | -122,582 | -115,370 | -122,304 | -126,303 | -125,617 | -133,779 | -134,303 | -118,490 | -109,476 | -93,097 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 7,604 | 10,138 | 6,270 | 6,571 | 10,547 | 5,334 | 7,112 | 9,134 | 11,317 | 14,115 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -36,400 | 6,000 | 1,900 | 2,223 | 26,277 | -20,985 | 7,550 | 2,251 | 9,845 | 1,339 | |||||
| Debtors | -2,507 | 29,226 | -7,994 | 6,425 | 2,616 | -8,508 | -4,748 | -24,122 | -8,137 | 32,886 | 8,878 | 1,287 | 6,824 | -437 | 3,311 |
| Creditors | -987 | 6,161 | 77,913 | 1,599 | 2,500 | 2,500 | -1,457 | -71,313 | -8,902 | 1,307 | 79,239 | 3,839 | -3,736 | 3,742 | 7,595 |
| Accruals and Deferred Income | -85,094 | -5,164 | 17,033 | -1,010 | -739 | 74,974 | -65,576 | 10,732 | 13,358 | 3,925 | 37,561 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -100,000 | 100,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -6,570 | -4,881 | -3,549 | 25,000 | 100,000 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 43,863 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -50 | -4,719 | 4,719 | 50 | -50 | -5,132 | 117 | 5,065 | |||||||
| overdraft | -4,558 | -2,590 | 396 | 2,337 | 4,415 | -3,093 | -1,286 | 4,379 | |||||||
| change in cash | -50 | -4,719 | 9,277 | 2,590 | -396 | -2,337 | -4,365 | -50 | 3,093 | 1,286 | -9,511 | 117 | 5,065 |
abbot hire limited Credit Report and Business Information
Abbot Hire Limited Competitor Analysis
Perform a competitor analysis for abbot hire limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in TQ12 area or any other competitors across 12 key performance metrics.
abbot hire limited Ownership
ABBOT HIRE LIMITED group structure
Abbot Hire Limited has no subsidiary companies.
Ultimate parent company
ABBOT HIRE LIMITED
06504913
abbot hire limited directors
Abbot Hire Limited currently has 2 directors. The longest serving directors include Ms Angela Hug Williams (Feb 2008) and Mr Karl Hug Williams (Feb 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Angela Hug Williams | England | 45 years | Feb 2008 | - | Director |
| Mr Karl Hug Williams | England | 49 years | Feb 2008 | - | Director |
P&L
February 2024turnover
286.7k
+3%
operating profit
3.7k
0%
gross margin
20.6%
+1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-150k
-0.02%
total assets
60k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
abbot hire limited company details
company number
06504913
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
February 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
the mill, kingsteingnton road, newton abbot, devon, TQ12 2QA
Bank
-
Legal Advisor
-
abbot hire 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 abbot hire limited.
abbot hire 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.
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abbot hire limited Companies House Filings - See Documents
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