Pomanda estimates the enterprise value of ABSOLUTE WORKSPACE LIMITED at £3.6m based on a Turnover of £4.1m and 0.87x industry multiple (adjusted for size and gross margin).
absolute workspace limitedEstimated Valuation
£26.2k
Pomanda estimates the enterprise value of ABSOLUTE WORKSPACE LIMITED at £26.2k based on an EBITDA of £5.6k and a 4.67x industry multiple (adjusted for size and gross margin).
absolute workspace limitedEstimated Valuation
£156.4k
Pomanda estimates the enterprise value of ABSOLUTE WORKSPACE LIMITED at £156.4k based on Net Assets of £64.8k and 2.41x industry multiple (adjusted for liquidity).
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Absolute Workspace LimitedOverview
Absolute Workspace Limited is a live company located in london, W1U 1EU with a Companies House number of 06995515. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2009, it's largest shareholder is
steven john syme
with a 100% stake. Absolute Workspace Limited is a established,
small sized company, Pomanda has estimated its turnover at
£4.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Absolute Workspace Limited a 4 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 Rating4out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £4.1m, make it larger than the average company (£848.9k)
£4.1m - Absolute Workspace Limited
£848.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.2%)
13% - Absolute Workspace Limited
8.2% - Industry AVG
Production
with a gross margin of 40.2%, this company has a comparable cost of product (40.2%)
40.2% - Absolute Workspace Limited
40.2% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (5.7%)
0.1% - Absolute Workspace Limited
5.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (14)
5 - Absolute Workspace Limited
14 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
£29k - Absolute Workspace Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £821.9k, this is more efficient (£73.6k)
£821.9k - Absolute Workspace Limited
£73.6k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is later than average (28 days)
60 days - Absolute Workspace Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (37 days)
85 days - Absolute Workspace Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (32 days)
4 days - Absolute Workspace Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (56 weeks)
7 weeks - Absolute Workspace Limited
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.7%, this is a higher level of debt than the average (38.2%)
95.7% - Absolute Workspace Limited
38.2% - Industry AVG
ABSOLUTE WORKSPACE LIMITED financials
EXPORT
Absolute Workspace Limited's latest turnover from March 2024 is estimated at £4.1 million and the company has net assets of £64.8 thousand. According to their latest financial statements, Absolute Workspace Limited has 5 employees and maintains cash reserves of £127.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Turnover
4,109,490
2,419,800
3,226,773
2,813,139
1,985,406
2,547,893
4,226,843
3,816,074
3,399,832
3,364,229
2,516,448
5,547,840
2,352,674
183,344
Other Income Or Grants
Cost Of Sales
2,456,051
1,433,335
1,932,004
1,723,664
1,193,471
1,526,431
2,565,971
2,250,218
2,009,076
2,009,425
1,470,227
3,179,711
1,344,255
102,399
Gross Profit
1,653,439
986,465
1,294,769
1,089,474
791,935
1,021,463
1,660,872
1,565,856
1,390,756
1,354,804
1,046,221
2,368,129
1,008,419
80,945
Admin Expenses
1,651,571
977,232
645,724
1,254,426
772,460
1,343,115
1,699,445
1,759,143
1,217,437
1,353,878
1,056,125
2,370,667
924,136
118,661
Operating Profit
1,868
9,233
649,045
-164,952
19,475
-321,652
-38,573
-193,287
173,319
926
-9,904
-2,538
84,283
-37,716
Interest Payable
3,426
3,900
4,051
2,353
405
448
49
51
Interest Receivable
4,054
9,020
1,491
46
46
20
13
1,025
1,057
446
108
136
52
17
Pre-Tax Profit
2,496
14,353
646,485
-167,259
19,116
-322,080
-38,560
-192,311
174,325
1,372
-9,796
-2,402
84,335
-37,699
Tax
-624
-2,727
-122,832
-3,632
-34,865
-288
-21,927
Profit After Tax
1,872
11,626
523,653
-167,259
15,484
-322,080
-38,560
-192,311
139,460
1,084
-9,796
-2,402
62,408
-37,699
Dividends Paid
Retained Profit
1,872
11,626
523,653
-167,259
15,484
-322,080
-38,560
-192,311
139,460
1,084
-9,796
-2,402
62,408
-37,699
Employee Costs
145,220
113,049
108,543
127,115
149,250
148,779
167,832
195,132
1,057,520
1,034,391
798,594
1,730,351
735,849
78,300
Number Of Employees
5
4
4
5
6
6
7
7
37
37
29
63
27
3
EBITDA*
5,609
22,300
656,541
-155,950
36,253
-296,710
-35,006
-189,538
202,462
19,289
7,343
11,003
91,000
-36,666
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Tangible Assets
189,578
27,543
19,227
9,600
14,102
34,157
53,354
70,550
84,995
36,770
46,881
32,468
16,299
2,100
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
189,578
27,543
19,227
9,600
14,102
34,157
53,354
70,550
84,995
36,770
46,881
32,468
16,299
2,100
Stock & work in progress
33,500
19,725
19,725
22,375
37,375
37,375
37,375
22,000
10,000
20,000
19,500
17,189
Trade Debtors
684,359
463,354
642,851
456,847
309,554
367,712
727,889
601,645
357,125
282,038
614,791
279,386
20,000
Group Debtors
Misc Debtors
459,888
328,335
41,920
6,180
134,203
77,154
225,294
358,605
923,354
78,500
58,000
300,000
Cash
127,683
26,755
397,709
91,819
5,200
572,831
247,101
175,509
2,866
40,338
14,058
6,831
misc current assets
total current assets
1,305,430
838,169
1,102,205
485,402
572,951
482,241
995,758
1,555,081
1,180,455
631,134
362,404
972,318
293,444
26,831
total assets
1,495,008
865,712
1,121,432
495,002
587,053
516,398
1,049,112
1,625,631
1,265,450
667,904
409,285
1,004,786
309,743
28,931
Bank overdraft
2,000
27,135
13,273
Bank loan
Trade Creditors
573,105
110,775
153,970
413,368
297,391
576,800
619,904
916,927
858,542
612,647
348,897
942,371
244,926
26,522
Group/Directors Accounts
other short term finances
1,554
hp & lease commitments
5,131
other current liabilities
353,850
284,387
873,226
476,806
594,710
246,857
418,590
693,742
195,192
total current liabilities
934,086
395,162
1,027,196
917,309
892,101
836,930
1,038,494
1,610,669
1,055,288
612,647
348,897
942,371
244,926
26,522
loans
25,705
33,205
42,890
50,000
hp & lease commitments
7,207
Accruals and Deferred Income
other liabilities
447,449
374,373
provisions
15,717
9,070
14,110
16,999
1,554
7,769
total long term liabilities
496,078
407,578
42,890
50,000
9,070
14,110
16,999
1,554
7,769
total liabilities
1,430,164
802,740
1,070,086
967,309
892,101
836,930
1,047,564
1,624,779
1,072,287
614,201
356,666
942,371
244,926
26,522
net assets
64,844
62,972
51,346
-472,307
-305,048
-320,532
1,548
852
193,163
53,703
52,619
62,415
64,817
2,409
total shareholders funds
64,844
62,972
51,346
-472,307
-305,048
-320,532
1,548
852
193,163
53,703
52,619
62,415
64,817
2,409
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Operating Activities
Operating Profit
1,868
9,233
649,045
-164,952
19,475
-321,652
-38,573
-193,287
173,319
926
-9,904
-2,538
84,283
-37,716
Depreciation
3,741
13,067
7,496
9,002
16,778
24,942
3,567
3,749
29,143
18,363
17,247
13,541
6,717
1,050
Amortisation
Tax
-624
-2,727
-122,832
-3,632
-34,865
-288
-21,927
Stock
13,775
-2,650
-15,000
37,375
12,000
-10,000
500
2,311
17,189
Debtors
352,558
106,918
221,744
19,270
-1,109
-508,317
953,183
36,896
487,729
95,587
-574,753
635,405
259,386
20,000
Creditors
462,330
-43,195
-259,398
115,977
-279,409
-43,104
619,904
58,385
245,895
263,750
-593,474
697,445
218,404
26,522
Accruals and Deferred Income
69,463
-588,839
396,420
-117,904
347,853
-171,733
418,590
498,550
195,192
Deferred Taxes & Provisions
15,717
-9,070
9,070
-2,889
15,445
-6,215
7,769
Cash flow from operations
186,162
-719,379
451,637
-162,147
102,174
-12,300
22,000
315,612
146,400
180,449
-5,920
55,854
28,091
-30,144
Investing Activities
capital expenditure
-165,776
-21,383
-17,123
-4,500
3,277
-5,745
-56,921
10,696
-77,368
-8,252
-31,660
-29,710
-20,916
-3,150
Change in Investments
cash flow from investments
-165,776
-21,383
-17,123
-4,500
3,277
-5,745
-56,921
10,696
-77,368
-8,252
-31,660
-29,710
-20,916
-3,150
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-1,554
1,554
Long term loans
-7,500
-9,685
-7,110
50,000
Hire Purchase and Lease Commitments
12,338
other long term liabilities
73,076
374,373
share issue
40,108
40,108
interest
628
5,120
-2,560
-2,307
-359
-428
13
976
1,006
446
108
136
52
17
cash flow from financing
78,542
369,808
-9,670
47,693
-359
-428
40,121
-578
2,560
446
108
136
52
40,125
cash and cash equivalents
cash
100,928
-370,954
397,709
-91,819
91,819
-5,200
5,200
325,730
71,592
172,643
-37,472
26,280
7,227
6,831
overdraft
2,000
-27,135
27,135
-13,273
13,273
change in cash
98,928
-370,954
424,844
-118,954
105,092
-18,473
5,200
325,730
71,592
172,643
-37,472
26,280
7,227
6,831
absolute workspace limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for absolute workspace limited. Get real-time insights into absolute workspace limited's credit score, group structure and payment trends.
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absolute workspace limited Ownership
ABSOLUTE WORKSPACE LIMITED group structure
Absolute Workspace Limited has 2 subsidiary companies.
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 2 charges/mortgages relating to absolute workspace limited. Currently there are 2 open charges and 0 have been satisfied in the past.
absolute workspace limited Capital Raised & Share Issues BETA
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absolute workspace limitedCompanies House Filings - See Documents
