Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £5.2m based on a Turnover of £6.4m and 0.81x industry multiple (adjusted for size and gross margin).
able 2 achieve limitedEstimated Valuation
£521.1k
Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £521.1k based on an EBITDA of £111.6k and a 4.67x industry multiple (adjusted for size and gross margin).
able 2 achieve limitedEstimated Valuation
£857.4k
Pomanda estimates the enterprise value of ABLE 2 ACHIEVE LIMITED at £857.4k based on Net Assets of £359.5k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Able 2 Achieve LimitedOverview
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.
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 Rating3.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £6.4m, make it larger than the average company (£472.6k)
£6.4m - Able 2 Achieve Limited
£472.6k - Industry AVG
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
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
an operating margin of 1.6% make it less profitable than the average company (4.8%)
1.6% - Able 2 Achieve Limited
4.8% - 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 £28.4k, the company has an equivalent pay structure (£28.4k)
£28.4k - Able 2 Achieve Limited
£28.4k - Industry AVG
Efficiency
resulting in sales per employee of £72.2k, this is more efficient (£50.9k)
£72.2k - Able 2 Achieve Limited
£50.9k - Industry AVG
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
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
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 (125 weeks)
19 weeks - Able 2 Achieve Limited
125 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
EXPORT
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
6,426,787
4,660,956
3,960,702
3,942,363
5,003,407
4,561,767
4,356,687
3,733,556
3,595,205
2,577,388
1,909,627
3,357,181
1,074,293
287,235
Other Income Or Grants
Cost Of Sales
2,747,618
1,984,040
1,751,662
1,844,675
2,329,720
2,324,148
2,186,587
1,849,469
1,738,846
1,345,469
1,025,357
1,664,771
523,777
140,638
Gross Profit
3,679,169
2,676,916
2,209,040
2,097,688
2,673,688
2,237,619
2,170,100
1,884,087
1,856,358
1,231,919
884,270
1,692,410
550,516
146,598
Admin Expenses
3,578,369
2,587,922
2,155,524
1,817,480
2,649,051
2,246,980
2,087,654
1,839,091
1,766,692
1,035,785
903,081
1,728,881
749,031
239,267
Operating Profit
100,800
88,994
53,516
280,208
24,637
-9,361
82,446
44,996
89,666
196,134
-18,811
-36,471
-198,515
-92,669
Interest Payable
128
506
3,536
7,407
12,044
16,668
20,902
12,137
Interest Receivable
6,109
3,519
1,005
99
6
162
141
83
178
136
82
61
68
10
Pre-Tax Profit
106,909
92,384
54,015
276,772
17,236
-21,243
65,919
24,176
77,708
196,271
-18,729
-36,410
-198,447
-92,659
Tax
-26,727
-17,553
-10,263
-52,587
-3,275
-12,525
-4,835
-15,541
-41,217
Profit After Tax
80,182
74,831
43,752
224,185
13,961
-21,243
53,394
19,341
62,166
155,054
-18,729
-36,410
-198,447
-92,659
Dividends Paid
Retained Profit
80,182
74,831
43,752
224,185
13,961
-21,243
53,394
19,341
62,166
155,054
-18,729
-36,410
-198,447
-92,659
Employee Costs
2,528,069
2,026,889
1,958,980
1,987,782
2,903,039
2,849,026
2,720,402
2,588,435
2,584,420
1,341,214
981,329
1,765,005
568,218
157,317
Number Of Employees
89
74
75
77
117
117
115
113
111
56
42
76
25
7
EBITDA*
111,575
105,034
70,034
294,850
29,440
776
108,014
69,739
105,843
211,339
-7,622
-32,445
-196,679
-92,669
* 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
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
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
Stock & work in progress
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
Misc Debtors
13,668
13,392
9,143
7,206
7,361
10,636
5,554
19,871
43,976
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
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
78,000
78,000
Bank loan
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
other short term finances
2,507
10,000
88,000
78,000
78,000
hp & lease commitments
other current liabilities
181,045
158,417
124,344
169,861
98,106
65,075
68,030
29,231
31,864
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
2,500
15,432
61,432
139,432
217,432
295,432
hp & lease commitments
Accruals and Deferred Income
other liabilities
360,432
440,538
provisions
total long term liabilities
2,500
15,432
61,432
139,432
217,432
295,432
360,432
440,538
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
100,800
88,994
53,516
280,208
24,637
-9,361
82,446
44,996
89,666
196,134
-18,811
-36,471
-198,515
-92,669
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
Amortisation
Tax
-26,727
-17,553
-10,263
-52,587
-3,275
-12,525
-4,835
-15,541
-41,217
Stock
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
Deferred Taxes & Provisions
Cash flow from operations
48,531
19,049
-95,996
321,290
45,114
62,767
118,571
80,532
55,400
90,281
-376,791
-13,533
26,721
3,952
Investing Activities
capital expenditure
-7,427
-9,500
-42,485
650
-6,761
-3,299
-12,261
-31,053
-19,064
-33,333
-8,760
-7,345
Change in Investments
cash flow from investments
-7,427
-9,500
-42,485
650
-6,761
-3,299
-12,261
-31,053
-19,064
-33,333
-8,760
-7,345
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-2,507
-7,493
-78,000
10,000
78,000
Long term loans
-2,500
-12,932
-46,000
-78,000
-78,000
-78,000
295,432
Hire Purchase and Lease Commitments
other long term liabilities
-360,432
-80,106
440,538
share issue
98
2
interest
6,109
3,391
499
-3,437
-7,401
-11,882
-16,527
-20,819
-11,959
136
82
61
68
10
cash flow from financing
6,109
884
-9,396
-94,369
-43,401
-89,882
-16,527
-98,819
-76,959
-79,970
440,620
61
68
12
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
-78,000
78,000
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
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for able 2 achieve limited. Get real-time insights into able 2 achieve limited's credit score, group structure and payment trends.
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
The sole shareholder of Able 2 Achieve Limited is O4A Limited.
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
Mr Shane Elliott (Mar 2023).
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 limitedCompanies House Filings - See Documents
