Assurance Resources Limited

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assurance resources limited Company Information

Live

EstablishedMicroDeclining

Company Number

06859290

Next Accounts

Dec 2024

Industry

Technical and vocational secondary education

Directors

Lisa Weaver

Robert Weaver

Shareholders

robert andrew weaver

lisa jane weaver

Group Structure

View All

Contact

Registered Address

paddocks barn alveston leys, alveston, stratford upon avon, CV37 7QN

Website

www.ari-usa.com

assurance resources limited Estimated Valuation

£236.8k

Pomanda estimates the enterprise value of ASSURANCE RESOURCES LIMITED at £236.8k based on Net Assets of £90.1k and 2.63x industry multiple (adjusted for liquidity).

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Assurance Resources Limited is a live company located in stratford upon avon, CV37 7QN with a Companies House number of 06859290. It operates in the technical and vocational secondary education sector, SIC Code 85320. Founded in March 2009, it's largest shareholder is robert andrew weaver with a 90% stake. Assurance Resources Limited is a established, micro sized company, Pomanda has estimated its turnover at £125.2k with declining growth in recent years.

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Pomanda's financial health check has awarded Assurance Resources Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £125.2k, make it smaller than the average company (£845.2k)

Growth

3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (4.1%)

EXPORT

Assurance Resources Limited's latest turnover from March 2023 is estimated at £125.2 thousand and the company has net assets of £90.1 thousand. According to their latest financial statements, Assurance Resources Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	125,154	421,111	368,817	403,131	326,670	286,662	214,758	68,688	60,314	30,879	24,521	12,538	17,982	30,741
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	86,592	296,392	261,265	291,315	229,834	200,684	146,479	49,403	40,660	20,236	16,420	8,419	11,140	19,382
Gross Profit	38,563	124,718	107,551	111,817	96,836	85,978	68,279	19,284	19,654	10,643	8,100	4,119	6,842	11,359
Admin Expenses	8,888	109,420	107,634	106,486	93,627	72,216	67,607	46,129	-6,148	9,345	-8,303	-7,008	1,683	-9,661
Operating Profit	29,675	15,298	-83	5,331	3,209	13,762	672	-26,845	25,802	1,298	16,403	11,127	5,159	21,020
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	37	227	269	245	220	161	136	65
Pre-Tax Profit	29,675	15,298	-83	5,331	3,209	13,762	709	-26,618	26,071	1,543	16,622	11,288	5,294	21,085
Tax	-5,638	-2,907	0	-1,013	-610	-2,615	-142	0	-5,475	-355	-3,989	-2,935	-1,482	-5,904
Profit After Tax	24,037	12,391	-83	4,318	2,599	11,147	567	-26,618	20,596	1,188	12,633	8,353	3,812	15,181
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	24,037	12,391	-83	4,318	2,599	11,147	567	-26,618	20,596	1,188	12,633	8,353	3,812	15,181
Employee Costs	29,373	170,426	140,421	138,800	113,651	114,771	81,552	26,876	27,067	25,502	25,500	25,534	25,421	26,333
Number Of Employees	1	6	5	5	4	4	3	1	1	1	1	1	1	1
EBITDA*	29,675	15,298	-83	5,331	3,209	13,762	672	-26,111	25,934	1,738	17,097	11,852	5,884	21,271

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	58,014	614	1,227	404	808	142	750	1,358	268	0	440	474	1,199	501
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	58,014	614	1,227	404	808	142	750	1,358	268	0	440	474	1,199	501
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	39,510	83,056	66,890	68,657	60,686	55,317	41,025	12,252	11,155	4,602	2,513	806	2,088	3,810
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	29,666	61,229	46,401	51,557	36,305	28,198	26,075
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	39,510	83,056	66,890	68,657	60,686	55,317	41,025	41,918	72,384	51,003	54,070	37,111	30,286	29,885
total assets	97,524	83,670	68,117	69,061	61,494	55,459	41,775	43,276	72,652	51,003	54,510	37,585	31,485	30,386
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	7,403	17,586	14,424	15,285	12,036	8,600	6,063	7,858	10,834	9,835	14,435	10,143	12,251	15,204
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	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	7,403	17,586	14,424	15,285	12,036	8,600	6,063	7,858	10,834	9,835	14,435	10,143	12,251	15,204
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	272	54	0	95	95	240	0
total long term liabilities	0	0	0	0	0	0	0	272	54	0	95	95	240	0
total liabilities	7,403	17,586	14,424	15,285	12,036	8,600	6,063	8,130	10,888	9,835	14,530	10,238	12,491	15,204
net assets	90,121	66,084	53,693	53,776	49,458	46,859	35,712	35,146	61,764	41,168	39,980	27,347	18,994	15,182
total shareholders funds	90,121	66,084	53,693	53,776	49,458	46,859	35,712	35,146	61,764	41,168	39,980	27,347	18,994	15,182

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	29,675	15,298	-83	5,331	3,209	13,762	672	-26,845	25,802	1,298	16,403	11,127	5,159	21,020
Depreciation	0	0	0	0	0	0	0	734	132	440	694	725	725	251
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-5,638	-2,907	0	-1,013	-610	-2,615	-142	0	-5,475	-355	-3,989	-2,935	-1,482	-5,904
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-43,546	16,166	-1,767	7,971	5,369	14,292	28,773	1,097	6,553	2,089	1,707	-1,282	-1,722	3,810
Creditors	-10,183	3,162	-861	3,249	3,436	2,537	-1,795	-2,976	999	-4,600	4,292	-2,108	-2,953	15,204
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	-272	218	54	-95	0	-145	240	0
Cash flow from operations	57,400	-613	823	-404	666	-608	-30,310	-29,966	14,959	-5,401	15,693	7,946	3,411	26,761
Investing Activities
capital expenditure	-57,400	613	-823	404	-666	608	608	-1,824	-400	0	-660	0	-1,423	-752
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-57,400	613	-823	404	-666	608	608	-1,824	-400	0	-660	0	-1,423	-752
Financing Activities
Bank loans	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-1	0	0	0	0	0	0	1
interest	0	0	0	0	0	0	37	227	269	245	220	161	136	65
cash flow from financing	0	0	0	0	0	0	36	227	269	245	220	161	136	66
cash and cash equivalents
cash	0	0	0	0	0	0	-29,666	-31,563	14,828	-5,156	15,252	8,107	2,123	26,075
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-29,666	-31,563	14,828	-5,156	15,252	8,107	2,123	26,075

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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ASSURANCE RESOURCES LIMITED group structure

Assurance Resources Limited has no subsidiary companies.

Ultimate parent company

ASSURANCE RESOURCES LIMITED

06859290

ASSURANCE RESOURCES LIMITED Shareholders

robert andrew weaver	90%
lisa jane weaver	10%

Assurance Resources Limited currently has 2 directors. The longest serving directors include Mrs Lisa Weaver (Mar 2009) and Mr Robert Weaver (Mar 2015).

officer	country	age	start	end	role
Mrs Lisa Weaver		53 years	Mar 2009	-	Director
Mr Robert Weaver	England	53 years	Mar 2015	-	Director

P&L

March 2023

turnover

125.2k

-70%

operating profit

29.7k

gross margin

30.9%

+4.04%

turnover

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

Balance Sheet

March 2023

net assets

90.1k

+0.36%

total assets

97.5k

+0.17%

cash

net assets

Total assets minus all liabilities

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company number

06859290

Type

Private limited with Share Capital

industry

85320 - Technical and vocational secondary education

incorporation date

March 2009

ultimate parent company

None

previous names

N/A

address

paddocks barn alveston leys, alveston, stratford upon avon, CV37 7QN

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 assurance resources limited.

assurance resources limited Company Information

assurance resources limited Estimated Valuation

assurance resources limited Estimated Valuation

assurance resources limited Estimated Valuation

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