absolute alignment limited

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absolute alignment limited Company Information

Share ABSOLUTE ALIGNMENT LIMITED

Company Number

07343140

Shareholders

christopher dear

Group Structure

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Industry

Retail trade of motor vehicle parts and accessories

 

Registered Address

the old coach house, 83a victoria road, farnborough, hampshire, GU14 7PP

absolute alignment limited Estimated Valuation

£595.7k

Pomanda estimates the enterprise value of ABSOLUTE ALIGNMENT LIMITED at £595.7k based on a Turnover of £2.1m and 0.28x industry multiple (adjusted for size and gross margin).

absolute alignment limited Estimated Valuation

£449.2k

Pomanda estimates the enterprise value of ABSOLUTE ALIGNMENT LIMITED at £449.2k based on an EBITDA of £128.6k and a 3.49x industry multiple (adjusted for size and gross margin).

absolute alignment limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of ABSOLUTE ALIGNMENT LIMITED at £1.1m based on Net Assets of £451.8k and 2.36x industry multiple (adjusted for liquidity).

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Absolute Alignment Limited Overview

Absolute Alignment Limited is a live company located in farnborough, GU14 7PP with a Companies House number of 07343140. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in August 2010, it's largest shareholder is christopher dear with a 100% stake. Absolute Alignment Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.

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Absolute Alignment Limited Health Check

Pomanda's financial health check has awarded Absolute Alignment Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

2 Strong

positive_score

8 Regular

positive_score

2 Weak

size

Size

annual sales of £2.1m, make it in line with the average company (£2.5m)

£2.1m - Absolute Alignment Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10.3%)

10% - Absolute Alignment Limited

10.3% - Industry AVG

production

Production

with a gross margin of 26.9%, this company has a comparable cost of product (26.9%)

26.9% - Absolute Alignment Limited

26.9% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it as profitable than the average company (4.6%)

3.9% - Absolute Alignment Limited

4.6% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (32)

12 - Absolute Alignment Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £31k, the company has an equivalent pay structure (£31k)

£31k - Absolute Alignment Limited

£31k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £174.8k, this is equally as efficient (£174k)

£174.8k - Absolute Alignment Limited

£174k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is later than average (36 days)

52 days - Absolute Alignment Limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 95 days, this is slower than average (48 days)

95 days - Absolute Alignment Limited

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 64 days, this is in line with average (62 days)

64 days - Absolute Alignment Limited

62 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (12 weeks)

20 weeks - Absolute Alignment Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.4%, this is a similar level of debt than the average (68%)

62.4% - Absolute Alignment Limited

68% - Industry AVG

ABSOLUTE ALIGNMENT LIMITED financials

EXPORTms excel logo

Absolute Alignment Limited's latest turnover from February 2024 is estimated at £2.1 million and the company has net assets of £451.8 thousand. According to their latest financial statements, Absolute Alignment Limited has 12 employees and maintains cash reserves of £233.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Aug 2012Aug 2011
Turnover2,097,9321,679,1961,457,1241,578,4201,494,1421,054,642784,061797,215242,737425,363
Other Income Or Grants
Cost Of Sales1,534,5451,181,246990,7851,100,608986,513686,330523,531542,926160,555286,864
Gross Profit563,387497,950466,340477,812507,629368,312260,530254,28982,183138,499
Admin Expenses481,487403,843392,469331,477354,607346,028274,825233,73974,912142,716
Operating Profit81,90094,10773,871146,335153,02222,284-14,29520,5507,271-4,217
Interest Payable19,02618,6448,0331,64815286
Interest Receivable16,91314,3791,7153151,2242802828
Pre-Tax Profit79,78889,84367,553145,001154,09422,478-14,29520,5507,299-4,189
Tax-19,947-17,070-12,835-27,550-29,278-4,271-4,110-1,460
Profit After Tax59,84172,77354,718117,451124,81618,207-14,29516,4405,839-4,189
Dividends Paid
Retained Profit59,84172,77354,718117,451124,81618,207-14,29516,4405,839-4,189
Employee Costs372,071286,014235,851260,444245,086157,723121,845118,12048,69174,045
Number Of Employees1210910965523
EBITDA*128,575134,312106,431165,986160,70522,284-14,29520,5507,271954

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Aug 2012Aug 2011
Tangible Assets369,616354,981367,31295,84459,25612,36917,01122,77922,7249,956
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets369,616354,981367,31295,84459,25612,36917,01122,77922,7249,956
Stock & work in progress272,097146,466246,985272,55747,99692,050
Trade Debtors298,902234,073192,889210,251268,029174,681116,804114,59514,43422,980
Group Debtors
Misc Debtors28,57322,78315,81648,35219,4844,7898,00418,454
Cash233,620410,688308,274377,891251,70074,66511,293
misc current assets3,0735,6502,916
total current assets833,192814,010763,964909,051587,209346,185119,877120,24525,35452,727
total assets1,202,8081,168,9911,131,2761,004,895646,465358,554136,888143,02448,07862,683
Bank overdraft22,09922,57821,2839,5871,9492,551
Bank loan
Trade Creditors 399,726442,727466,861542,812378,878241,692131,493117,42736,01866,871
Group/Directors Accounts56016140,71734,06056,168
other short term finances
hp & lease commitments8,133
other current liabilities159,584133,941126,98387,64874,41627,808
total current liabilities581,409599,806615,288680,764489,303336,352131,493117,42736,01866,871
loans138,346155,209173,80042,500
hp & lease commitments
Accruals and Deferred Income1,6001,5351,160
other liabilities5,9729,250
provisions31,24722,01122,99617,16210,144
total long term liabilities169,593177,220196,79659,66210,1441,6007,50710,410
total liabilities751,002777,026812,084740,426499,447336,352133,093124,93446,42866,871
net assets451,806391,965319,192264,469147,01822,2023,79518,0901,650-4,188
total shareholders funds451,806391,965319,192264,469147,01822,2023,79518,0901,650-4,188
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Aug 2012Aug 2011
Operating Activities
Operating Profit81,90094,10773,871146,335153,02222,284-14,29520,5507,271-4,217
Depreciation46,67540,20532,56019,6517,6835,171
Amortisation
Tax-19,947-17,070-12,835-27,550-29,278-4,271-4,110-1,460
Stock125,631-100,519-25,572224,561-44,05492,050
Debtors70,61948,151-49,898-28,910108,04362,6662,20992,157-18,99641,434
Creditors-43,001-24,134-75,951163,934137,186110,19914,06681,409-30,85366,871
Accruals and Deferred Income25,6436,95839,33513,23246,60826,208653751,160
Deferred Taxes & Provisions9,236-9855,8347,01810,144
Cash flow from operations-95,744151,449138,284126,969261,376-296-2,3736,067-4,88626,391
Investing Activities
capital expenditure-61,310-27,874-304,028-56,239-54,5704,6425,768-55-12,768-15,127
Change in Investments
cash flow from investments-61,310-27,874-304,028-56,239-54,5704,6425,768-55-12,768-15,127
Financing Activities
Bank loans
Group/Directors Accounts-560399-40,5566,657-22,10856,168
Other Short Term Loans
Long term loans-16,863-18,591131,30042,500
Hire Purchase and Lease Commitments-8,1338,133
other long term liabilities-5,972-3,2789,250
share issue5200-11
interest-2,113-4,265-6,318-1,3331,0721942828
cash flow from financing-19,536-22,45784,43147,824-29,16964,695-5,972-3,2789,27729
cash and cash equivalents
cash-177,068102,414-69,617126,191177,03574,665-11,29311,293
overdraft-4791,29511,6967,638-6022,551
change in cash-176,589101,119-81,313118,553177,63772,114-11,29311,293

absolute alignment 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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Absolute Alignment Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for absolute alignment limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in GU14 area or any other competitors across 12 key performance metrics.

absolute alignment limited Ownership

ABSOLUTE ALIGNMENT LIMITED group structure

Absolute Alignment Limited has no subsidiary companies.

Ultimate parent company

ABSOLUTE ALIGNMENT LIMITED

07343140

ABSOLUTE ALIGNMENT LIMITED Shareholders

christopher dear 100%

absolute alignment limited directors

Absolute Alignment Limited currently has 1 director, Mr Christopher Dear serving since Aug 2010.

officercountryagestartendrole
Mr Christopher Dear45 years Aug 2010- Director

P&L

February 2024

turnover

2.1m

+25%

operating profit

81.9k

0%

gross margin

26.9%

-9.44%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

451.8k

+0.15%

total assets

1.2m

+0.03%

cash

233.6k

-0.43%

net assets

Total assets minus all liabilities

absolute alignment limited company details

company number

07343140

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

August 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

JAYS ACCOUNTANTS & TAX ADVISORS LLP

auditor

-

address

the old coach house, 83a victoria road, farnborough, hampshire, GU14 7PP

Bank

-

Legal Advisor

-

absolute alignment 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 absolute alignment limited. Currently there are 2 open charges and 0 have been satisfied in the past.

absolute alignment 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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absolute alignment limited Companies House Filings - See Documents

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