abp packaging limited

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abp packaging limited Company Information

Share ABP PACKAGING LIMITED

Company Number

06583559

Shareholders

asmita patel

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

21 coopers drive, bexley park, dartford, kent, DA2 7WS

abp packaging limited Estimated Valuation

£5.2m

Pomanda estimates the enterprise value of ABP PACKAGING LIMITED at £5.2m based on a Turnover of £8m and 0.64x industry multiple (adjusted for size and gross margin).

abp packaging limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ABP PACKAGING LIMITED at £0 based on an EBITDA of £-8.5k and a 4.57x industry multiple (adjusted for size and gross margin).

abp packaging limited Estimated Valuation

£417.5k

Pomanda estimates the enterprise value of ABP PACKAGING LIMITED at £417.5k based on Net Assets of £176.4k and 2.37x industry multiple (adjusted for liquidity).

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Abp Packaging Limited Overview

Abp Packaging Limited is a live company located in dartford, DA2 7WS with a Companies House number of 06583559. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2008, it's largest shareholder is asmita patel with a 100% stake. Abp Packaging Limited is a established, mid sized company, Pomanda has estimated its turnover at £8m with declining growth in recent years.

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Abp Packaging Limited Health Check

Pomanda's financial health check has awarded Abp Packaging Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £8m, make it larger than the average company (£3.7m)

£8m - Abp Packaging Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (4.7%)

-24% - Abp Packaging Limited

4.7% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Abp Packaging Limited

37.9% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (6.2%)

-0.1% - Abp Packaging Limited

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Abp Packaging Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)

£48.4k - Abp Packaging Limited

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4m, this is more efficient (£154.4k)

£4m - Abp Packaging Limited

£154.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (41 days)

55 days - Abp Packaging Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 151 days, this is slower than average (33 days)

151 days - Abp Packaging Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 41 days, this is in line with average (34 days)

41 days - Abp Packaging Limited

34 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (24 weeks)

7 weeks - Abp Packaging Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 92.3%, this is a higher level of debt than the average (61.7%)

92.3% - Abp Packaging Limited

61.7% - Industry AVG

ABP PACKAGING LIMITED financials

EXPORTms excel logo

Abp Packaging Limited's latest turnover from June 2023 is estimated at £8 million and the company has net assets of £176.4 thousand. According to their latest financial statements, Abp Packaging Limited has 2 employees and maintains cash reserves of £284.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover8,011,25313,503,00711,437,10518,405,67118,327,60510,408,94212,617,39410,136,6009,548,05824,350,63724,176,30428,283,49927,417,4216,581,015
Other Income Or Grants00000000000000
Cost Of Sales4,973,7798,364,4027,228,67311,453,28011,532,39910,323,67412,430,42510,038,4209,393,88215,592,70315,470,13117,696,47216,629,1293,904,677
Gross Profit3,037,4745,138,6064,208,4326,952,3926,795,20685,268186,96998,180154,1768,757,9348,706,17310,587,02710,788,2922,676,338
Admin Expenses3,047,4655,021,1404,179,7306,897,2856,767,51558,13757,632315,91420,9068,719,1768,640,63810,516,80310,794,9922,665,939
Operating Profit-9,991117,46628,70255,10727,69127,131129,337-217,734133,27038,75865,53570,224-6,70010,399
Interest Payable3,8878,95410,5568,7834,6770002,97400000
Interest Receivable11,7263,3532104325319402,195123586379204450
Pre-Tax Profit-2,152111,86418,35746,36723,26727,150129,377-215,539133,39339,34465,91470,428-6,65510,399
Tax0-21,254-3,488-8,810-4,421-5,159-25,19143,108-26,679-8,262-15,160-16,9030-2,912
Profit After Tax-2,15290,61014,86937,55718,84621,991104,186-172,431106,71431,08250,75453,525-6,6557,487
Dividends Paid0000010,00090,000080,00000000
Retained Profit-2,15290,61014,86937,55718,84611,99114,186-172,43126,71431,08250,75453,525-6,6557,487
Employee Costs96,87591,41885,83384,47783,85078,79976,51913,92518,3756,901,4086,623,8777,818,9377,762,8651,897,033
Number Of Employees22222221118318021221553
EBITDA*-8,532117,46628,70255,10727,69127,131129,337-217,734133,27038,75865,53570,224-6,70010,399

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets56,8990000000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets56,8990000000000000
Stock & work in progress564,4071,201,3801,452,876619,354490,409256,4811,722,324913,202000000
Trade Debtors1,210,5742,276,0931,611,4193,310,5183,544,4082,483,0513,502,1363,318,9033,156,9883,094,3433,038,1133,673,6073,709,936911,705
Group Debtors000000053,000000000
Misc Debtors162,177120,71678,00089,725137,261234,37978,000186,21868,00000000
Cash284,830184,208352,21768,32917,40050,036140,023147,05355,030146,34788,22463,54918,0620
misc current assets00000000000000
total current assets2,221,9883,782,3973,494,5124,087,9264,189,4783,023,9475,442,4834,618,3763,280,0183,240,6903,126,3373,737,1563,727,998911,705
total assets2,278,8873,782,3973,494,5124,087,9264,189,4783,023,9475,442,4834,618,3763,280,0183,240,6903,126,3373,737,1563,727,998911,705
Bank overdraft070,673126,334169,752118,21120,362169,956163,52891,51600000
Bank loan00000000000000
Trade Creditors 2,059,4303,437,2443,140,9253,828,3153,994,9542,967,0985,226,3344,452,8212,984,4583,104,4963,021,2253,682,7983,727,165904,217
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities32,26295,94489,32716,80240,81319,83341,53011,55041,13600000
total current liabilities2,091,6923,603,8613,356,5864,014,8694,153,9783,007,2935,437,8204,627,8993,117,1103,104,4963,021,2253,682,7983,727,165904,217
loans0050,00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions10,8110000000000000
total long term liabilities10,811050,00000000000000
total liabilities2,102,5033,603,8613,406,5864,014,8694,153,9783,007,2935,437,8204,627,8993,117,1103,104,4963,021,2253,682,7983,727,165904,217
net assets176,384178,53687,92673,05735,50016,6544,663-9,523162,908136,194105,11254,3588337,488
total shareholders funds176,384178,53687,92673,05735,50016,6544,663-9,523162,908136,194105,11254,3588337,488
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-9,991117,46628,70255,10727,69127,131129,337-217,734133,27038,75865,53570,224-6,70010,399
Depreciation1,4590000000000000
Amortisation00000000000000
Tax0-21,254-3,488-8,810-4,421-5,159-25,19143,108-26,679-8,262-15,160-16,9030-2,912
Stock-636,973-251,496833,522128,945233,928-1,465,843809,122913,202000000
Debtors-1,024,058707,390-1,710,824-281,426964,239-862,70622,015333,133130,64556,230-635,494-36,3292,798,231911,705
Creditors-1,377,814296,319-687,390-166,6391,027,856-2,259,236773,5131,468,363-120,03883,271-661,573-44,3672,822,948904,217
Accruals and Deferred Income-63,6826,61772,525-24,01120,980-21,69729,980-29,58641,13600000
Deferred Taxes & Provisions10,8110000000000000
Cash flow from operations221,814-56,746287,6518,128-126,06169,58876,50217,816-102,95657,53724,29645,28318,017-1
Investing Activities
capital expenditure-58,3580000000000000
Change in Investments00000000000000
cash flow from investments-58,3580000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0-50,00050,00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000001
interest7,839-5,601-10,346-8,740-4,42419402,195-2,851586379204450
cash flow from financing7,839-55,60139,654-8,740-4,42419402,195-2,851586379204451
cash and cash equivalents
cash100,622-168,009283,88850,929-32,636-89,987-7,03092,023-91,31758,12324,67545,48718,0620
overdraft-70,673-55,661-43,41851,54197,849-149,5946,42872,01291,51600000
change in cash171,295-112,348327,306-612-130,48559,607-13,45820,011-182,83358,12324,67545,48718,0620

abp packaging 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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Abp Packaging Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for abp packaging limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in DA2 area or any other competitors across 12 key performance metrics.

abp packaging limited Ownership

ABP PACKAGING LIMITED group structure

Abp Packaging Limited has no subsidiary companies.

Ultimate parent company

ABP PACKAGING LIMITED

06583559

ABP PACKAGING LIMITED Shareholders

asmita patel 100%

abp packaging limited directors

Abp Packaging Limited currently has 2 directors. The longest serving directors include Mr Bhupendra Patel (Jun 2009) and Mrs Asmita Patel (Jun 2017).

officercountryagestartendrole
Mr Bhupendra Patel73 years Jun 2009- Director
Mrs Asmita Patel67 years Jun 2017- Director

P&L

June 2023

turnover

8m

-41%

operating profit

-10k

0%

gross margin

38%

-0.37%

turnover

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

Balance Sheet

June 2023

net assets

176.4k

-0.01%

total assets

2.3m

-0.4%

cash

284.8k

+0.55%

net assets

Total assets minus all liabilities

abp packaging limited company details

company number

06583559

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

May 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

21 coopers drive, bexley park, dartford, kent, DA2 7WS

Bank

-

Legal Advisor

-

abp packaging 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 abp packaging limited.

abp packaging 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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abp packaging limited Companies House Filings - See Documents

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