ap lifting gear company ltd.
ap lifting gear company ltd. Company Information
Company Number
07337550
Next Accounts
May 2025
Industry
Wholesale of other intermediate products
Directors
Shareholders
a. yarnold
w.d. yarnold
Group Structure
View All
Contact
Registered Address
92 northfield road, dudley, west midlands dy29jq, DY2 9JQ
Website
www.aplifting.comap lifting gear company ltd. Estimated Valuation
Pomanda estimates the enterprise value of AP LIFTING GEAR COMPANY LTD. at £5.4m based on a Turnover of £12.3m and 0.44x industry multiple (adjusted for size and gross margin).
ap lifting gear company ltd. Estimated Valuation
Pomanda estimates the enterprise value of AP LIFTING GEAR COMPANY LTD. at £768.3k based on an EBITDA of £189.1k and a 4.06x industry multiple (adjusted for size and gross margin).
ap lifting gear company ltd. Estimated Valuation
Pomanda estimates the enterprise value of AP LIFTING GEAR COMPANY LTD. at £9m based on Net Assets of £4.3m and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ap Lifting Gear Company Ltd. Overview
Ap Lifting Gear Company Ltd. is a live company located in west midlands dy29jq, DY2 9JQ with a Companies House number of 07337550. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in August 2010, it's largest shareholder is a. yarnold with a 50% stake. Ap Lifting Gear Company Ltd. is a established, mid sized company, Pomanda has estimated its turnover at £12.3m with declining growth in recent years.
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Ap Lifting Gear Company Ltd. Health Check
Pomanda's financial health check has awarded Ap Lifting Gear Company Ltd. a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
6 Weak
Size
annual sales of £12.3m, make it smaller than the average company (£17.5m)
- Ap Lifting Gear Company Ltd.
£17.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.2%)
- Ap Lifting Gear Company Ltd.
6.2% - Industry AVG
Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Ap Lifting Gear Company Ltd.
25% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (6.5%)
- Ap Lifting Gear Company Ltd.
6.5% - Industry AVG
Employees
with 35 employees, this is similar to the industry average (35)
35 - Ap Lifting Gear Company Ltd.
35 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
- Ap Lifting Gear Company Ltd.
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £350k, this is equally as efficient (£398.3k)
- Ap Lifting Gear Company Ltd.
£398.3k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (56 days)
- Ap Lifting Gear Company Ltd.
56 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is close to average (27 days)
- Ap Lifting Gear Company Ltd.
27 days - Industry AVG
Stock Days
it holds stock equivalent to 305 days, this is more than average (77 days)
- Ap Lifting Gear Company Ltd.
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Ap Lifting Gear Company Ltd.
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a higher level of debt than the average (46.8%)
60.1% - Ap Lifting Gear Company Ltd.
46.8% - Industry AVG
AP LIFTING GEAR COMPANY LTD. financials
Ap Lifting Gear Company Ltd.'s latest turnover from August 2023 is estimated at £12.3 million and the company has net assets of £4.3 million. According to their latest financial statements, Ap Lifting Gear Company Ltd. has 35 employees and maintains cash reserves of £16.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,178,032 | 7,858,054 | 8,000,803 | 8,702,637 | 8,944,955 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 5,021,680 | 5,610,563 | 5,575,462 | 6,192,546 | 5,835,864 | ||||||||
| Gross Profit | 2,156,352 | 2,247,491 | 2,425,341 | 2,510,091 | 3,109,091 | ||||||||
| Admin Expenses | 1,677,863 | 1,690,805 | 1,494,478 | 1,384,188 | 1,287,288 | ||||||||
| Operating Profit | 478,489 | 556,686 | 930,863 | 1,125,903 | 1,821,803 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | 278,489 | 556,686 | 930,863 | 1,125,903 | 1,821,803 | ||||||||
| Tax | -80,224 | -114,576 | -210,499 | -280,916 | -500,390 | ||||||||
| Profit After Tax | 198,265 | 442,110 | 720,364 | 844,987 | 1,321,413 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | ||||||||
| Retained Profit | 198,265 | 442,110 | 720,364 | 844,987 | 1,321,413 | ||||||||
| Employee Costs | 837,301 | 748,545 | 719,960 | 692,882 | 719,814 | ||||||||
| Number Of Employees | 35 | 40 | 40 | 40 | 38 | 39 | 40 | 42 | 39 | 37 | 36 | 37 | 37 |
| EBITDA* | 516,123 | 603,257 | 974,578 | 1,148,608 | 1,840,466 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,505,495 | 1,515,897 | 1,024,741 | 988,808 | 1,004,836 | 1,009,792 | 1,007,804 | 1,028,193 | 1,056,945 | 1,085,569 | 1,075,956 | 70,039 | 74,657 |
| Intangible Assets | 110,500 | 123,500 | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,615,995 | 1,639,397 | 1,024,741 | 988,808 | 1,004,836 | 1,009,792 | 1,007,804 | 1,028,193 | 1,056,945 | 1,085,569 | 1,075,956 | 70,039 | 74,657 |
| Stock & work in progress | 7,697,053 | 8,190,535 | 6,636,542 | 7,280,343 | 7,782,947 | 7,361,521 | 7,203,389 | 6,966,561 | 7,606,073 | 7,105,951 | 6,027,053 | 5,918,048 | 4,752,251 |
| Trade Debtors | 960,699 | 974,470 | 904,568 | 835,347 | 1,098,600 | 1,012,124 | 1,613,110 | 1,274,856 | 1,622,308 | 1,920,430 | 2,236,718 | 1,983,712 | 2,228,597 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,452 |
| Misc Debtors | 372,640 | 198,603 | 636,099 | 564,845 | 305,781 | 62,793 | 49,396 | 18,845 | 28,902 | 38,938 | 34,181 | 30,450 | 20,603 |
| Cash | 16,304 | 25,301 | 953,413 | 230,447 | 8,864 | 10,083 | 65,712 | 176,912 | 5,608 | 127,551 | 680,129 | 340,499 | 450,493 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,046,696 | 9,388,909 | 9,130,622 | 8,910,982 | 9,196,192 | 8,446,521 | 8,931,607 | 8,437,174 | 9,262,891 | 9,192,870 | 8,978,081 | 8,272,709 | 7,466,396 |
| total assets | 10,662,691 | 11,028,306 | 10,155,363 | 9,899,790 | 10,201,028 | 9,456,313 | 9,939,411 | 9,465,367 | 10,319,836 | 10,278,439 | 10,054,037 | 8,342,748 | 7,541,053 |
| Bank overdraft | 205,319 | 737,686 | 0 | 0 | 407,187 | 361,355 | 411,757 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97,158 | 409,480 | 97,158 | 54,396 | 0 | 0 |
| Trade Creditors | 698,564 | 803,444 | 766,833 | 571,984 | 589,889 | 150,830 | 461,455 | 306,983 | 489,962 | 586,269 | 530,833 | 719,362 | 566,967 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,471,619 | 5,505,040 | 5,913,986 | 5,257,261 | 4,757,511 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 8,147 | 8,147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,902,686 | 4,843,164 | 5,204,129 | 5,694,082 | 5,690,068 | 5,572,076 | 5,512,133 | 5,468,635 | 215,173 | 477,982 | 245,391 | 198,725 | 894,162 |
| total current liabilities | 5,814,716 | 6,392,441 | 5,970,962 | 6,266,066 | 6,687,144 | 6,084,261 | 6,385,345 | 5,872,776 | 6,586,234 | 6,666,449 | 6,744,606 | 6,175,348 | 6,218,640 |
| loans | 572,206 | 406,015 | 0 | 0 | 0 | 0 | 0 | 83,691 | 187,250 | 282,116 | 421,667 | 0 | 0 |
| hp & lease commitments | 0 | 8,148 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 17,700 | 0 | 0 | 0 | 0 | 0 | 10,020 | 18,213 | 18,213 | 0 | 0 | 0 | 0 |
| total long term liabilities | 589,906 | 414,163 | 0 | 0 | 0 | 0 | 10,020 | 101,904 | 205,463 | 282,116 | 421,667 | 0 | 0 |
| total liabilities | 6,404,622 | 6,806,604 | 5,970,962 | 6,266,066 | 6,687,144 | 6,084,261 | 6,395,365 | 5,974,680 | 6,791,697 | 6,948,565 | 7,166,273 | 6,175,348 | 6,218,640 |
| net assets | 4,258,069 | 4,221,702 | 4,184,401 | 3,633,724 | 3,513,884 | 3,372,052 | 3,544,046 | 3,490,687 | 3,528,139 | 3,329,874 | 2,887,764 | 2,167,400 | 1,322,413 |
| total shareholders funds | 4,258,069 | 4,221,702 | 4,184,401 | 3,633,724 | 3,513,884 | 3,372,052 | 3,544,046 | 3,490,687 | 3,528,139 | 3,329,874 | 2,887,764 | 2,167,400 | 1,322,413 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 478,489 | 556,686 | 930,863 | 1,125,903 | 1,821,803 | ||||||||
| Depreciation | 20,603 | 20,944 | 16,160 | 16,028 | 21,204 | 22,297 | 23,889 | 28,752 | 37,634 | 46,571 | 43,715 | 22,705 | 18,663 |
| Amortisation | 13,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -80,224 | -114,576 | -210,499 | -280,916 | -500,390 | ||||||||
| Stock | -493,482 | 1,553,993 | -643,801 | -502,604 | 421,426 | 158,132 | 236,828 | -639,512 | 500,122 | 1,078,898 | 109,005 | 1,165,797 | 4,752,251 |
| Debtors | 160,266 | -367,594 | 140,475 | -4,189 | 329,464 | -587,589 | 368,805 | -357,509 | -308,158 | -311,531 | 256,737 | -249,490 | 2,263,652 |
| Creditors | -104,880 | 36,611 | 194,849 | -17,905 | 439,059 | -310,625 | 154,472 | -182,979 | -96,307 | 55,436 | -188,529 | 152,395 | 566,967 |
| Accruals and Deferred Income | 59,522 | -360,965 | -489,953 | 4,014 | 117,992 | 59,943 | 43,498 | 5,253,462 | -262,809 | 232,591 | 46,666 | -695,437 | 894,162 |
| Deferred Taxes & Provisions | 17,700 | 0 | 0 | 0 | 0 | -10,020 | -8,193 | 0 | 18,213 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -96,968 | 9,341 | 256,474 | -591,657 | -4,214,698 | ||||||||
| Investing Activities | |||||||||||||
| capital expenditure | -9,010 | -57,824 | -1,049,632 | -18,087 | -93,320 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -9,010 | -57,824 | -1,049,632 | -18,087 | -93,320 | ||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -97,158 | -312,322 | 312,322 | 42,762 | 54,396 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,471,619 | -33,421 | -408,946 | 656,725 | 499,750 | 4,757,511 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 166,191 | 406,015 | 0 | 0 | 0 | 0 | -83,691 | -103,559 | -94,866 | -139,551 | 421,667 | 0 | 0 |
| Hire Purchase and Lease Commitments | -8,148 | 16,295 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | ||||||||
| cash flow from financing | 184,035 | -505,735 | 1,132,788 | 499,750 | 4,758,511 | ||||||||
| cash and cash equivalents | |||||||||||||
| cash | -8,997 | -928,112 | 722,966 | 221,583 | -1,219 | -55,629 | -111,200 | 171,304 | -121,943 | -552,578 | 339,630 | -109,994 | 450,493 |
| overdraft | -532,367 | 737,686 | 0 | -407,187 | 45,832 | -50,402 | 411,757 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 523,370 | -1,665,798 | 722,966 | 628,770 | -47,051 | -5,227 | -522,957 | 171,304 | -121,943 | -552,578 | 339,630 | -109,994 | 450,493 |
ap lifting gear company ltd. Credit Report and Business Information
Ap Lifting Gear Company Ltd. Competitor Analysis
Perform a competitor analysis for ap lifting gear company ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in DY2 area or any other competitors across 12 key performance metrics.
ap lifting gear company ltd. Ownership
AP LIFTING GEAR COMPANY LTD. group structure
Ap Lifting Gear Company Ltd. has no subsidiary companies.
Ultimate parent company
AP LIFTING GEAR COMPANY LTD.
07337550
ap lifting gear company ltd. directors
Ap Lifting Gear Company Ltd. currently has 1 director, Mr Arthur Yarnold serving since Aug 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arthur Yarnold | England | 68 years | Aug 2010 | - | Director |
P&L
August 2023turnover
12.3m
-10%
operating profit
155.5k
0%
gross margin
25.1%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
4.3m
+0.01%
total assets
10.7m
-0.03%
cash
16.3k
-0.36%
net assets
Total assets minus all liabilities
ap lifting gear company ltd. company details
company number
07337550
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
August 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
August 2023
previous names
N/A
accountant
MURAS BAKER JONES LTD
auditor
-
address
92 northfield road, dudley, west midlands dy29jq, DY2 9JQ
Bank
-
Legal Advisor
-
ap lifting gear company ltd. 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 3 charges/mortgages relating to ap lifting gear company ltd.. Currently there are 3 open charges and 0 have been satisfied in the past.
ap lifting gear company ltd. 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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ap lifting gear company ltd. Companies House Filings - See Documents
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