acones limited
acones limited Company Information
Company Number
07047692
Website
www.aconesltd.comRegistered Address
3 thame business park centre, wenman road, thame, OX9 3XA
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01249720442
Next Accounts Due
950 days late
Group Structure
View All
Shareholders
chelsey bidco ltd 100%
acones limited Estimated Valuation
Pomanda estimates the enterprise value of ACONES LIMITED at £2.3m based on a Turnover of £6m and 0.38x industry multiple (adjusted for size and gross margin).
acones limited Estimated Valuation
Pomanda estimates the enterprise value of ACONES LIMITED at £2.4m based on an EBITDA of £574.5k and a 4.18x industry multiple (adjusted for size and gross margin).
acones limited Estimated Valuation
Pomanda estimates the enterprise value of ACONES LIMITED at £2.8m based on Net Assets of £1.1m and 2.61x industry multiple (adjusted for liquidity).
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Acones Limited Overview
Acones Limited is a live company located in thame, OX9 3XA with a Companies House number of 07047692. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in October 2009, it's largest shareholder is chelsey bidco ltd with a 100% stake. Acones Limited is a established, mid sized company, Pomanda has estimated its turnover at £6m with rapid growth in recent years.
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Acones Limited Health Check
Pomanda's financial health check has awarded Acones 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
5 Strong
1 Regular
5 Weak
Size
annual sales of £6m, make it larger than the average company (£4.3m)
£6m - Acones Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (5.4%)
- Acones Limited
5.4% - Industry AVG
Production
with a gross margin of 18.5%, this company has a higher cost of product (23.9%)
18.5% - Acones Limited
23.9% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (5.4%)
8.6% - Acones Limited
5.4% - Industry AVG
Employees
with 53 employees, this is above the industry average (36)
53 - Acones Limited
36 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£44.1k)
£44.4k - Acones Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is less efficient (£172.3k)
£112.8k - Acones Limited
£172.3k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (57 days)
84 days - Acones Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (39 days)
20 days - Acones Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Acones Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (16 weeks)
8 weeks - Acones Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.6%, this is a lower level of debt than the average (64%)
49.6% - Acones Limited
64% - Industry AVG
acones limited Credit Report and Business Information
Acones Limited Competitor Analysis
Perform a competitor analysis for acones limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
acones limited Ownership
ACONES LIMITED group structure
Acones Limited has no subsidiary companies.
Ultimate parent company
RAMUDDEN HOLDCO AB
#0116674
2 parents
ACONES LIMITED
07047692
acones limited directors
Acones Limited currently has 5 directors. The longest serving directors include Mr Steven Pope (Oct 2009) and Mr Matthew Morphet (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Pope | England | 48 years | Oct 2009 | - | Director |
| Mr Matthew Morphet | England | 52 years | Sep 2019 | - | Director |
| Miss Charlotte Bryant | England | 42 years | Sep 2019 | - | Director |
| Mr Timothy Cockayne | England | 45 years | Sep 2019 | - | Director |
| Mr Tim Cockayne | 45 years | Sep 2019 | - | Director |
ACONES LIMITED financials
Acones Limited's latest turnover from December 2019 is £6 million and the company has net assets of £1.1 million. According to their latest financial statements, Acones Limited has 53 employees and maintains cash reserves of £175.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,976,785 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 4,870,727 | |||||||||
| Gross Profit | 1,106,058 | |||||||||
| Admin Expenses | 594,584 | |||||||||
| Operating Profit | 511,474 | |||||||||
| Interest Payable | 2,032 | |||||||||
| Interest Receivable | 25 | |||||||||
| Pre-Tax Profit | 509,467 | |||||||||
| Tax | -120,414 | |||||||||
| Profit After Tax | 389,053 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | 389,053 | |||||||||
| Employee Costs | 2,352,072 | |||||||||
| Number Of Employees | 53 | 41 | 27 | 25 | ||||||
| EBITDA* | 574,519 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 205,572 | 204,033 | 130,243 | 161,349 | 93,433 | 32,418 | 7,781 | 3,970 | 1,221 | 1,628 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 205,572 | 204,033 | 130,243 | 161,349 | 93,433 | 32,418 | 7,781 | 3,970 | 1,221 | 1,628 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 14,672 | 11,896 | 11,896 | 0 |
| Trade Debtors | 1,376,996 | 903,106 | 509,521 | 307,973 | 573,906 | 514,251 | 150,496 | 151,683 | 45,188 | 85,972 |
| Group Debtors | 278,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 63,907 | 0 | 0 | 0 | 7,468 | 0 | 48 | 29,834 | 0 | 0 |
| Cash | 175,154 | 227,258 | 297,881 | 170,264 | 199,556 | 126,114 | 151,246 | 11,906 | 57,084 | 9,687 |
| misc current assets | 0 | 0 | 6,405 | 4,516 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,894,468 | 1,130,364 | 813,807 | 482,753 | 780,930 | 640,365 | 316,462 | 205,319 | 114,168 | 95,659 |
| total assets | 2,100,040 | 1,334,397 | 944,050 | 644,102 | 874,363 | 672,783 | 324,243 | 209,289 | 115,389 | 97,287 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 273,331 | 246,786 | 226,975 | 123,466 | 203,177 | 230,599 | 236,951 | 265,530 | 300,430 | 276,041 |
| Group/Directors Accounts | 170,770 | 30,810 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,086 | 5,894 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 564,438 | 349,992 | 242,299 | 176,939 | 349,577 | 321,605 | 270,904 | 174,447 | 0 | 0 |
| total current liabilities | 1,012,625 | 633,482 | 469,274 | 300,405 | 552,754 | 552,204 | 507,855 | 439,977 | 300,430 | 276,041 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 29,539 | 32,092 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,539 | 32,092 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,042,164 | 665,574 | 469,274 | 300,405 | 552,754 | 552,204 | 507,855 | 439,977 | 300,430 | 276,041 |
| net assets | 1,057,876 | 668,823 | 474,776 | 343,697 | 321,609 | 120,579 | -183,612 | -230,688 | -185,041 | -178,754 |
| total shareholders funds | 1,057,876 | 668,823 | 474,776 | 343,697 | 321,609 | 120,579 | -183,612 | -230,688 | -185,041 | -178,754 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 511,474 | |||||||||
| Depreciation | 63,045 | 46,376 | 42,106 | 46,357 | 16,028 | 3,979 | 1,915 | 501 | 407 | 669 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -120,414 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -14,672 | 2,776 | 0 | 11,896 | 0 |
| Debtors | 816,208 | 393,585 | 201,548 | -273,401 | 67,123 | 363,707 | -30,973 | 136,329 | -40,784 | 85,972 |
| Creditors | 26,545 | 19,811 | 103,509 | -79,711 | -27,422 | -6,352 | -28,579 | -34,900 | 24,389 | 276,041 |
| Accruals and Deferred Income | 214,446 | 107,693 | 65,360 | -172,638 | 27,972 | 50,701 | 96,457 | 174,447 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -121,112 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 139,960 | 30,810 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -4,361 | 37,986 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -2,007 | |||||||||
| cash flow from financing | 133,592 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -52,104 | -70,623 | 127,617 | -29,292 | 73,442 | -25,132 | 139,340 | -45,178 | 47,397 | 9,687 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -52,104 | -70,623 | 127,617 | -29,292 | 73,442 | -25,132 | 139,340 | -45,178 | 47,397 | 9,687 |
P&L
December 2019turnover
6m
0%
operating profit
511.5k
0%
gross margin
18.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
1.1m
+0.58%
total assets
2.1m
+0.57%
cash
175.2k
-0.23%
net assets
Total assets minus all liabilities
acones limited company details
company number
07047692
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 2009
age
15
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
3 thame business park centre, wenman road, thame, OX9 3XA
last accounts submitted
December 2019
acones 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 found 1 charges/mortgages relating to acones limited. Currently there are 0 open charges and 1 have been satisfied in the past.
acones limited Companies House Filings - See Documents
| date | description | view/download |
|---|
