able 2 achieve limited Company Information
Company Number
07111584
Next Accounts
Dec 2025
Industry
Other education n.e.c.
Shareholders
o4a limited
Group Structure
View All
Contact
Registered Address
23-25 princes street, yeovil, somerset, BA20 1EN
Website
www.able2achieve.co.ukable 2 achieve limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £5.9m based on a Turnover of £6.4m and 0.92x industry multiple (adjusted for size and gross margin).
able 2 achieve limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £573.2k based on an EBITDA of £111.6k and a 5.14x industry multiple (adjusted for size and gross margin).
able 2 achieve limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £821.8k based on Net Assets of £359.5k and 2.29x industry multiple (adjusted for liquidity).
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Able 2 Achieve Limited Overview
Able 2 Achieve Limited is a live company located in somerset, BA20 1EN with a Companies House number of 07111584. It operates in the other education n.e.c. sector, SIC Code 85590. Founded in December 2009, it's largest shareholder is o4a limited with a 100% stake. Able 2 Achieve Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.4m with high growth in recent years.
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Able 2 Achieve Limited Health Check
Pomanda's financial health check has awarded Able 2 Achieve Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £6.4m, make it larger than the average company (£481.6k)
- Able 2 Achieve Limited
£481.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.4%)
- Able 2 Achieve Limited
7.4% - Industry AVG
Production
with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)
- Able 2 Achieve Limited
57.3% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (5%)
- Able 2 Achieve Limited
5% - Industry AVG
Employees
with 89 employees, this is above the industry average (12)
89 - Able 2 Achieve Limited
12 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
- Able 2 Achieve Limited
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £72.2k, this is more efficient (£50.8k)
- Able 2 Achieve Limited
£50.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (17 days)
- Able 2 Achieve Limited
17 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (23 days)
- Able 2 Achieve Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Able 2 Achieve Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is less cash available to meet short term requirements (126 weeks)
19 weeks - Able 2 Achieve Limited
126 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a higher level of debt than the average (21.3%)
52% - Able 2 Achieve Limited
21.3% - Industry AVG
ABLE 2 ACHIEVE LIMITED financials
Able 2 Achieve Limited's latest turnover from March 2024 is estimated at £6.4 million and the company has net assets of £359.5 thousand. According to their latest financial statements, Able 2 Achieve Limited has 89 employees and maintains cash reserves of £143.7 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 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 89 | 74 | 75 | 77 | 117 | 117 | 115 | 113 | 111 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,979 | 19,754 | 28,367 | 35,385 | 7,542 | 12,995 | 16,371 | 38,640 | 51,122 | 36,246 | 32,387 | 10,243 | 5,509 | 0 |
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 | 8,979 | 19,754 | 28,367 | 35,385 | 7,542 | 12,995 | 16,371 | 38,640 | 51,122 | 36,246 | 32,387 | 10,243 | 5,509 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 582,122 | 426,001 | 322,130 | 270,792 | 309,128 | 262,529 | 258,171 | 169,047 | 149,707 | 202,049 | 135,176 | 196,497 | 42,071 | 10,384 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 13,668 | 13,392 | 9,143 | 7,206 | 7,361 | 10,636 | 5,554 | 19,871 | 43,976 | 0 | 0 | 0 | 0 | 0 |
Cash | 143,681 | 89,041 | 76,536 | 191,428 | 6,991 | 4,628 | 38,504 | 17,759 | 48,308 | 22,920 | 31,672 | 1,176 | 23,408 | 3,964 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 739,471 | 528,434 | 407,809 | 469,426 | 323,480 | 277,793 | 302,229 | 206,677 | 241,991 | 224,969 | 166,848 | 197,673 | 65,479 | 14,348 |
total assets | 748,450 | 548,188 | 436,176 | 504,811 | 331,022 | 290,788 | 318,600 | 245,317 | 293,113 | 261,215 | 199,235 | 207,916 | 70,988 | 14,348 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,000 | 78,000 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 207,927 | 110,475 | 104,860 | 161,835 | 193,054 | 163,812 | 89,426 | 30,336 | 16,840 | 91,972 | 104,940 | 535,430 | 362,092 | 107,005 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 2,507 | 10,000 | 88,000 | 78,000 | 78,000 | 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 | 181,045 | 158,417 | 124,344 | 169,861 | 98,106 | 65,075 | 68,030 | 29,231 | 31,864 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 388,972 | 268,892 | 231,711 | 341,696 | 379,160 | 306,887 | 235,456 | 137,567 | 126,704 | 91,972 | 104,940 | 535,430 | 362,092 | 107,005 |
loans | 0 | 0 | 0 | 2,500 | 15,432 | 61,432 | 139,432 | 217,432 | 295,432 | 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 | 360,432 | 440,538 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 2,500 | 15,432 | 61,432 | 139,432 | 217,432 | 295,432 | 360,432 | 440,538 | 0 | 0 | 0 |
total liabilities | 388,972 | 268,892 | 231,711 | 344,196 | 394,592 | 368,319 | 374,888 | 354,999 | 422,136 | 452,404 | 545,478 | 535,430 | 362,092 | 107,005 |
net assets | 359,478 | 279,296 | 204,465 | 160,615 | -63,570 | -77,531 | -56,288 | -109,682 | -129,023 | -191,189 | -346,243 | -327,514 | -291,104 | -92,657 |
total shareholders funds | 359,478 | 279,296 | 204,465 | 160,615 | -63,570 | -77,531 | -56,288 | -109,682 | -129,023 | -191,189 | -346,243 | -327,514 | -291,104 | -92,657 |
Mar 2024 | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 10,775 | 16,040 | 16,518 | 14,642 | 4,803 | 10,137 | 25,568 | 24,743 | 16,177 | 15,205 | 11,189 | 4,026 | 1,836 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 156,397 | 108,120 | 53,275 | -38,491 | 43,324 | 9,440 | 74,807 | -4,765 | -8,366 | 66,873 | -61,321 | 154,426 | 31,687 | 10,384 |
Creditors | 97,452 | 5,615 | -56,975 | -31,219 | 29,242 | 74,386 | 59,090 | 13,496 | -75,132 | -12,968 | -430,490 | 173,338 | 255,087 | 107,005 |
Accruals and Deferred Income | 22,628 | 34,073 | -45,517 | 71,755 | 33,031 | -2,955 | 38,799 | -2,633 | 31,864 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 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 | 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 | -2,507 | -7,493 | -78,000 | 10,000 | 0 | 78,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | -2,500 | -12,932 | -46,000 | -78,000 | -78,000 | -78,000 | 295,432 | 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 | -360,432 | -80,106 | 440,538 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 54,640 | 12,505 | -114,892 | 184,437 | 2,363 | -33,876 | 20,745 | -30,549 | 25,388 | -8,752 | 30,496 | -22,232 | 19,444 | 3,964 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -78,000 | 0 | 78,000 | 0 | 0 | 0 | 0 | 0 |
change in cash | 54,640 | 12,505 | -114,892 | 184,437 | 2,363 | -33,876 | 98,745 | -30,549 | -52,612 | -8,752 | 30,496 | -22,232 | 19,444 | 3,964 |
able 2 achieve limited Credit Report and Business Information
Able 2 Achieve Limited Competitor Analysis
Perform a competitor analysis for able 2 achieve limited by selecting its closest rivals, whether from the EDUCATION sector, other mid companies, companies in BA20 area or any other competitors across 12 key performance metrics.
able 2 achieve limited Ownership
ABLE 2 ACHIEVE LIMITED group structure
Able 2 Achieve Limited has no subsidiary companies.
Ultimate parent company
ABLE 2 ACHIEVE LIMITED
07111584
able 2 achieve limited directors
Able 2 Achieve Limited currently has 3 directors. The longest serving directors include Mrs Marika Elliott (Jun 2014) and Dr Stephane Mery (Mar 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Marika Elliott | England | 57 years | Jun 2014 | - | Director |
Dr Stephane Mery | England | 59 years | Mar 2023 | - | Director |
Mr Shane Elliott | England | 61 years | Mar 2023 | - | Director |
P&L
March 2024turnover
6.4m
+38%
operating profit
100.8k
0%
gross margin
57.3%
-0.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
359.5k
+0.29%
total assets
748.5k
+0.37%
cash
143.7k
+0.61%
net assets
Total assets minus all liabilities
able 2 achieve limited company details
company number
07111584
Type
Private limited with Share Capital
industry
85590 - Other education n.e.c.
incorporation date
December 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
GILBIE ROBERTS LIMITED
auditor
-
address
23-25 princes street, yeovil, somerset, BA20 1EN
Bank
-
Legal Advisor
-
able 2 achieve 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 2 charges/mortgages relating to able 2 achieve limited. Currently there are 0 open charges and 2 have been satisfied in the past.
able 2 achieve 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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able 2 achieve limited Companies House Filings - See Documents
date | description | view/download |
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