able 2 achieve limited

able 2 achieve limited Company Information

Share ABLE 2 ACHIEVE LIMITED
Live 
EstablishedMidHigh

Company Number

07111584

Industry

Other education n.e.c.

 

Shareholders

o4a limited

Group Structure

View All

Contact

Registered Address

23-25 princes street, yeovil, somerset, BA20 1EN

able 2 achieve limited Estimated Valuation

£5.9m

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

£573.2k

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

£821.8k

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

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £6.4m, make it larger than the average company (£481.6k)

£6.4m - Able 2 Achieve Limited

£481.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (7.4%)

18% - Able 2 Achieve Limited

7.4% - Industry AVG

production

Production

with a gross margin of 57.3%, this company has a comparable cost of product (57.3%)

57.3% - Able 2 Achieve Limited

57.3% - Industry AVG

profitability

Profitability

an operating margin of 1.6% make it less profitable than the average company (5%)

1.6% - Able 2 Achieve Limited

5% - Industry AVG

employees

Employees

with 89 employees, this is above the industry average (12)

89 - Able 2 Achieve Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)

£28.6k - Able 2 Achieve Limited

£28.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £72.2k, this is more efficient (£50.8k)

£72.2k - Able 2 Achieve Limited

£50.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is later than average (17 days)

33 days - Able 2 Achieve Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is slower than average (23 days)

27 days - Able 2 Achieve Limited

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Able 2 Achieve Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover6,429,6284,647,7473,961,2223,935,5354,994,9104,543,7464,355,4073,723,0983,592,2082,593,4711,916,0483,451,4001,094,233292,390
Other Income Or Grants00000000000000
Cost Of Sales2,747,4261,978,4171,768,3611,838,0022,318,7002,302,1302,203,8551,887,8181,779,4511,394,6471,037,0511,722,557535,107144,158
Gross Profit3,682,2022,669,3302,192,8612,097,5332,676,2102,241,6162,151,5521,835,2801,812,7581,198,824878,9981,728,843559,126148,232
Admin Expenses3,581,4022,580,3362,139,3451,817,3252,651,5732,250,9772,069,1061,790,2841,723,0921,002,690897,8091,765,314757,641240,901
Operating Profit100,80088,99453,516280,20824,637-9,36182,44644,99689,666196,134-18,811-36,471-198,515-92,669
Interest Payable01285063,5367,40712,04416,66820,90212,13700000
Interest Receivable6,1093,5191,0059961621418317813682616810
Pre-Tax Profit106,90992,38454,015276,77217,236-21,24365,91924,17677,708196,271-18,729-36,410-198,447-92,659
Tax-26,727-17,553-10,263-52,587-3,2750-12,525-4,835-15,541-41,2170000
Profit After Tax80,18274,83143,752224,18513,961-21,24353,39419,34162,166155,054-18,729-36,410-198,447-92,659
Dividends Paid00000000000000
Retained Profit80,18274,83143,752224,18513,961-21,24353,39419,34162,166155,054-18,729-36,410-198,447-92,659
Employee Costs2,548,2542,021,1621,957,4381,986,9902,902,9022,851,6072,717,0252,582,1302,577,9501,341,051980,0751,814,124570,717157,453
Number Of Employees89747577117117115113111564278257
EBITDA*111,575105,03470,034294,85029,440776108,01469,739105,843211,339-7,622-32,445-196,679-92,669

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets8,97919,75428,36735,3857,54212,99516,37138,64051,12236,24632,38710,2435,5090
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets8,97919,75428,36735,3857,54212,99516,37138,64051,12236,24632,38710,2435,5090
Stock & work in progress00000000000000
Trade Debtors582,122426,001322,130270,792309,128262,529258,171169,047149,707202,049135,176196,49742,07110,384
Group Debtors00000000000000
Misc Debtors13,66813,3929,1437,2067,36110,6365,55419,87143,97600000
Cash143,68189,04176,536191,4286,9914,62838,50417,75948,30822,92031,6721,17623,4083,964
misc current assets00000000000000
total current assets739,471528,434407,809469,426323,480277,793302,229206,677241,991224,969166,848197,67365,47914,348
total assets748,450548,188436,176504,811331,022290,788318,600245,317293,113261,215199,235207,91670,98814,348
Bank overdraft000000078,00078,00000000
Bank loan00000000000000
Trade Creditors 207,927110,475104,860161,835193,054163,81289,42630,33616,84091,972104,940535,430362,092107,005
Group/Directors Accounts00000000000000
other short term finances002,50710,00088,00078,00078,0000000000
hp & lease commitments00000000000000
other current liabilities181,045158,417124,344169,86198,10665,07568,03029,23131,86400000
total current liabilities388,972268,892231,711341,696379,160306,887235,456137,567126,70491,972104,940535,430362,092107,005
loans0002,50015,43261,432139,432217,432295,43200000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000000000360,432440,538000
provisions00000000000000
total long term liabilities0002,50015,43261,432139,432217,432295,432360,432440,538000
total liabilities388,972268,892231,711344,196394,592368,319374,888354,999422,136452,404545,478535,430362,092107,005
net assets359,478279,296204,465160,615-63,570-77,531-56,288-109,682-129,023-191,189-346,243-327,514-291,104-92,657
total shareholders funds359,478279,296204,465160,615-63,570-77,531-56,288-109,682-129,023-191,189-346,243-327,514-291,104-92,657
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit100,80088,99453,516280,20824,637-9,36182,44644,99689,666196,134-18,811-36,471-198,515-92,669
Depreciation10,77516,04016,51814,6424,80310,13725,56824,74316,17715,20511,1894,0261,8360
Amortisation00000000000000
Tax-26,727-17,553-10,263-52,587-3,2750-12,525-4,835-15,541-41,2170000
Stock00000000000000
Debtors156,397108,12053,275-38,49143,3249,44074,807-4,765-8,36666,873-61,321154,42631,68710,384
Creditors97,4525,615-56,975-31,21929,24274,38659,09013,496-75,132-12,968-430,490173,338255,087107,005
Accruals and Deferred Income22,62834,073-45,51771,75533,031-2,95538,799-2,63331,86400000
Deferred Taxes & Provisions00000000000000
Cash flow from operations48,53119,049-95,996321,29045,11462,767118,57180,53255,40090,281-376,791-13,53326,7213,952
Investing Activities
capital expenditure0-7,427-9,500-42,485650-6,761-3,299-12,261-31,053-19,064-33,333-8,760-7,3450
Change in Investments00000000000000
cash flow from investments0-7,427-9,500-42,485650-6,761-3,299-12,261-31,053-19,064-33,333-8,760-7,3450
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 0-2,507-7,493-78,00010,000078,0000000000
Long term loans00-2,500-12,932-46,000-78,000-78,000-78,000295,43200000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000-360,432-80,106440,538000
share issue009800000000002
interest6,1093,391499-3,437-7,401-11,882-16,527-20,819-11,95913682616810
cash flow from financing6,109884-9,396-94,369-43,401-89,882-16,527-98,819-76,959-79,970440,620616812
cash and cash equivalents
cash54,64012,505-114,892184,4372,363-33,87620,745-30,54925,388-8,75230,496-22,23219,4443,964
overdraft000000-78,000078,00000000
change in cash54,64012,505-114,892184,4372,363-33,87698,745-30,549-52,612-8,75230,496-22,23219,4443,964

able 2 achieve 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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Able 2 Achieve Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

o4a limited 100%

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).

officercountryagestartendrole
Mrs Marika ElliottEngland57 years Jun 2014- Director
Dr Stephane MeryEngland59 years Mar 2023- Director
Mr Shane ElliottEngland61 years Mar 2023- Director

P&L

March 2024

turnover

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 2024

net 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

None

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.

Click to start generating capital raising & share issue transactions for ABLE 2 ACHIEVE LIMITED. This can take several minutes, an email will notify you when this has completed.

able 2 achieve limited Companies House Filings - See Documents

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