allneeds group limited
allneeds group limited Company Information
Company Number
07442862
Website
https://www.abcdepot.co.ukRegistered Address
allneeds house, unit 4, travellers lane, hatfield, AL9 7HF
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02083499987
Next Accounts Due
December 2024
Group Structure
View All
Directors
Vinod Patel13 Years
Shareholders
prakash patel 25.3%
vinod patel 25.3%
View Allallneeds group limited Estimated Valuation
Pomanda estimates the enterprise value of ALLNEEDS GROUP LIMITED at £45.6m based on a Turnover of £27.4m and 1.67x industry multiple (adjusted for size and gross margin).
allneeds group limited Estimated Valuation
Pomanda estimates the enterprise value of ALLNEEDS GROUP LIMITED at £5.4m based on an EBITDA of £939.3k and a 5.74x industry multiple (adjusted for size and gross margin).
allneeds group limited Estimated Valuation
Pomanda estimates the enterprise value of ALLNEEDS GROUP LIMITED at £11.1m based on Net Assets of £6.5m and 1.7x industry multiple (adjusted for liquidity).
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Allneeds Group Limited Overview
Allneeds Group Limited is a live company located in hatfield, AL9 7HF with a Companies House number of 07442862. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in November 2010, it's largest shareholder is prakash patel with a 25.2% stake. Allneeds Group Limited is a established, large sized company, Pomanda has estimated its turnover at £27.4m with low growth in recent years.
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Allneeds Group Limited Health Check
Pomanda's financial health check has awarded Allneeds Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £27.4m, make it larger than the average company (£12.4m)
£27.4m - Allneeds Group Limited
£12.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.1%)
2% - Allneeds Group Limited
5.1% - Industry AVG
Production
with a gross margin of 19.4%, this company has a higher cost of product (41.4%)
19.4% - Allneeds Group Limited
41.4% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (16.2%)
2.9% - Allneeds Group Limited
16.2% - Industry AVG
Employees
with 69 employees, this is above the industry average (33)
69 - Allneeds Group Limited
33 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£37.2k)
£42.3k - Allneeds Group Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £396.9k, this is more efficient (£306.1k)
£396.9k - Allneeds Group Limited
£306.1k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (46 days)
41 days - Allneeds Group Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (40 days)
65 days - Allneeds Group Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (71 days)
21 days - Allneeds Group Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is average cash available to meet short term requirements (13 weeks)
16 weeks - Allneeds Group Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.5%, this is a similar level of debt than the average (54.8%)
58.5% - Allneeds Group Limited
54.8% - Industry AVG
ALLNEEDS GROUP LIMITED financials
Allneeds Group Limited's latest turnover from March 2023 is £27.4 million and the company has net assets of £6.5 million. According to their latest financial statements, Allneeds Group Limited has 69 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,386,516 | 27,340,449 | 26,549,547 | 25,653,081 | 25,416,233 | 22,080,197 | 21,085,508 | 28,807,465 | 32,300,823 | 22,530,206 | 15,199,374 | 12,051,509 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,068,608 | 21,651,317 | 19,652,830 | 20,325,925 | 21,521,800 | 18,352,153 | 17,273,935 | 23,731,651 | 27,457,753 | 19,348,145 | 11,916,924 | 10,387,563 |
| Gross Profit | 5,317,908 | 5,689,132 | 6,896,717 | 5,327,156 | 3,894,433 | 3,728,044 | 3,811,573 | 5,075,814 | 4,843,070 | 3,182,061 | 3,282,450 | 1,663,946 |
| Admin Expenses | 4,516,310 | 6,035,443 | 5,466,915 | 4,720,142 | 3,324,257 | 2,925,134 | 3,011,788 | 2,994,588 | 2,585,063 | 2,203,407 | 2,008,454 | 999,527 |
| Operating Profit | 801,598 | -346,311 | 1,429,802 | 607,014 | 570,176 | 802,910 | 799,785 | 2,081,226 | 2,258,007 | 978,654 | 1,273,996 | 664,419 |
| Interest Payable | 86,034 | 60,146 | 26,854 | 14,816 | 53,099 | 60,738 | 89,941 | 43,679 | 72,342 | 65,760 | 60,690 | 6,243 |
| Interest Receivable | 294,247 | 298,356 | 303,947 | 304,180 | 21,340 | 119 | 6,368 | 1,379 | 522 | 5,093 | 18,346 | 1,393 |
| Pre-Tax Profit | 1,009,811 | -108,101 | 1,706,895 | 896,378 | 538,417 | 742,291 | 716,212 | 2,038,926 | 2,186,187 | 917,987 | 1,231,652 | 659,569 |
| Tax | -260,305 | -423,723 | -172,872 | -139,265 | -129,197 | -166,610 | -213,349 | -435,677 | -468,892 | -210,947 | -321,315 | -184,006 |
| Profit After Tax | 749,506 | -531,824 | 1,534,023 | 757,113 | 409,220 | 575,681 | 502,863 | 1,603,249 | 1,717,295 | 707,040 | 910,337 | 475,563 |
| Dividends Paid | 200,000 | 200,000 | 200,000 | 200,000 | 300,000 | 100,000 | 200,000 | 500,000 | 100,000 | 100,000 | 50,000 | 0 |
| Retained Profit | 549,506 | -731,824 | 1,334,023 | 557,113 | 109,220 | 475,681 | 302,863 | 1,103,249 | 1,617,295 | 607,040 | 860,337 | 475,563 |
| Employee Costs | 2,921,152 | 3,300,111 | 3,048,590 | 2,888,798 | 2,799,209 | 3,116,105 | 2,885,827 | 2,673,119 | 2,581,473 | 1,981,065 | 1,379,334 | 469,864 |
| Number Of Employees | 69 | 62 | 60 | 60 | 73 | 70 | 87 | 85 | 78 | 76 | 57 | |
| EBITDA* | 939,266 | -172,798 | 1,641,108 | 813,913 | 585,280 | 1,017,264 | 1,008,297 | 2,245,939 | 2,375,236 | 1,046,099 | 1,317,800 | 692,557 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,399,315 | 1,509,427 | 1,686,683 | 1,766,886 | 1,720,957 | 1,807,250 | 1,806,923 | 1,509,144 | 1,778,000 | 1,321,717 | 1,213,361 | 1,172,269 |
| Intangible Assets | 135,770 | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,535,085 | 1,509,427 | 1,686,683 | 1,766,886 | 1,720,957 | 1,807,250 | 1,806,923 | 1,509,144 | 1,778,000 | 1,321,717 | 1,213,361 | 1,172,269 |
| Stock & work in progress | 1,326,615 | 1,617,509 | 1,030,993 | 1,010,389 | 1,026,758 | 1,048,159 | 856,228 | 597,851 | 891,685 | 811,862 | 609,587 | 205,014 |
| Trade Debtors | 3,133,961 | 5,415,273 | 6,181,807 | 5,842,959 | 6,101,743 | 5,799,313 | 4,120,431 | 4,928,198 | 5,512,399 | 3,653,608 | 3,256,135 | 2,978,893 |
| Group Debtors | 0 | 0 | 101,636 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,431,308 | 10,597,431 | 4,330,527 | 4,114,890 | 1,930,931 | 1,787,800 | 2,792,411 | 1,439,354 | 1,578,044 | 550,359 | 547,374 | 981,517 |
| Cash | 2,331,562 | 1,398,055 | 938,020 | 1,123,534 | 1,439,785 | 1,411,838 | 1,546,049 | 1,749,106 | 956,794 | 1,316,674 | 928,276 | 827,247 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,223,446 | 19,028,268 | 12,582,983 | 12,091,772 | 10,499,217 | 10,047,110 | 9,315,119 | 8,714,509 | 8,938,922 | 6,332,503 | 5,341,372 | 4,992,671 |
| total assets | 15,758,531 | 20,537,695 | 14,269,666 | 13,858,658 | 12,220,174 | 11,854,360 | 11,122,042 | 10,223,653 | 10,716,922 | 7,654,220 | 6,554,733 | 6,164,940 |
| Bank overdraft | 0 | 0 | 0 | 0 | 22,842 | 2,812 | 3 | 52 | 0 | 86,332 | 71,943 | 0 |
| Bank loan | 390,531 | 2,886,730 | 0 | 0 | 350,000 | 86,332 | 86,332 | 86,332 | 86,332 | 0 | 0 | 0 |
| Trade Creditors | 3,987,575 | 3,537,486 | 4,187,810 | 3,687,032 | 2,658,696 | 2,140,379 | 1,731,241 | 1,477,057 | 2,862,644 | 2,487,628 | 1,910,452 | 2,833,147 |
| Group/Directors Accounts | 0 | 0 | 618,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 1,129,309 | 1,494,760 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 56,858 | 98,038 | 0 | 0 | 164,384 | 192,302 | 156,761 | 67,575 | 88,223 | 11,845 | 0 | 0 |
| other current liabilities | 2,926,627 | 5,977,229 | 1,276,446 | 1,431,664 | 2,527,354 | 2,220,849 | 2,250,867 | 1,922,392 | 2,004,374 | 1,178,394 | 1,266,046 | 824,806 |
| total current liabilities | 7,361,591 | 12,499,483 | 7,211,952 | 6,613,456 | 5,723,276 | 4,642,674 | 4,225,204 | 3,553,408 | 5,041,573 | 3,764,199 | 3,248,441 | 3,657,953 |
| loans | 1,736,563 | 1,889,296 | 209,914 | 330,474 | 0 | 777,008 | 863,340 | 949,672 | 1,036,004 | 1,122,336 | 1,223,057 | 0 |
| hp & lease commitments | 44,792 | 49,019 | 0 | 0 | 138,948 | 178,264 | 259,845 | 269,200 | 264,766 | 68,251 | 0 | 0 |
| Accruals and Deferred Income | 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 | 1,295,000 |
| provisions | 68,783 | 102,601 | 118,681 | 69,636 | 69,971 | 77,655 | 70,575 | 51,158 | 77,613 | 19,763 | 10,808 | 0 |
| total long term liabilities | 1,850,138 | 2,040,916 | 328,595 | 400,110 | 208,919 | 1,032,927 | 1,193,760 | 1,270,030 | 1,378,383 | 1,210,350 | 1,233,865 | 1,295,000 |
| total liabilities | 9,211,729 | 14,540,399 | 7,540,547 | 7,013,566 | 5,932,195 | 5,675,601 | 5,418,964 | 4,823,438 | 6,419,956 | 4,974,549 | 4,482,306 | 4,952,953 |
| net assets | 6,546,802 | 5,997,296 | 6,729,119 | 6,845,092 | 6,287,979 | 6,178,759 | 5,703,078 | 5,400,215 | 4,296,966 | 2,679,671 | 2,072,427 | 1,211,987 |
| total shareholders funds | 6,546,802 | 5,997,296 | 6,729,119 | 6,845,092 | 6,287,979 | 6,178,759 | 5,703,078 | 5,400,215 | 4,296,966 | 2,679,671 | 2,072,427 | 1,211,987 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 801,598 | -346,311 | 1,429,802 | 607,014 | 570,176 | 802,910 | 799,785 | 2,081,226 | 2,258,007 | 978,654 | 1,273,996 | 664,419 |
| Depreciation | 134,538 | 173,513 | 211,306 | 206,899 | 15,104 | 214,354 | 208,512 | 164,713 | 117,229 | 67,445 | 43,804 | 28,138 |
| Amortisation | 3,130 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -260,305 | -423,723 | -172,872 | -139,265 | -129,197 | -166,610 | -213,349 | -435,677 | -468,892 | -210,947 | -321,315 | -184,006 |
| Stock | -290,894 | 586,516 | 20,604 | -16,369 | -21,401 | 191,931 | 258,377 | -293,834 | 79,823 | 202,275 | 404,573 | 205,014 |
| Debtors | -5,447,435 | 5,398,734 | 656,121 | 1,925,175 | 445,561 | 674,271 | 545,290 | -722,891 | 2,886,476 | 400,458 | -156,901 | 3,960,410 |
| Creditors | 450,089 | -650,324 | 500,778 | 1,028,336 | 518,317 | 409,138 | 254,184 | -1,385,587 | 375,016 | 577,176 | -922,695 | 2,833,147 |
| Accruals and Deferred Income | -3,050,602 | 4,700,783 | -155,218 | -1,095,690 | 306,505 | -30,018 | 328,475 | -81,982 | 825,980 | -87,652 | 441,240 | 824,806 |
| Deferred Taxes & Provisions | -33,818 | -16,080 | 49,045 | -335 | -7,684 | 7,080 | 19,417 | -26,455 | 57,850 | 8,955 | 10,808 | 0 |
| Cash flow from operations | 3,782,959 | -2,547,392 | 1,186,116 | -1,301,847 | 849,061 | 370,652 | 593,357 | 1,332,963 | 198,891 | 730,898 | 278,166 | 1,080 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -103,462 | -214,681 | -506,290 | -101,771 | -573,512 | -176,263 | -85,204 | -1,197,848 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -103,462 | -214,681 | -506,290 | -101,771 | -573,512 | -176,263 | -85,204 | -1,197,848 |
| Financing Activities | ||||||||||||
| Bank loans | -2,496,199 | 2,886,730 | 0 | -350,000 | 263,668 | 0 | 0 | 0 | 86,332 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -618,387 | 618,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -1,129,309 | -365,451 | 1,494,760 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -152,733 | 1,679,382 | -120,560 | 330,474 | -777,008 | -86,332 | -86,332 | -86,332 | -86,332 | -100,721 | 1,223,057 | 0 |
| Hire Purchase and Lease Commitments | -45,407 | 147,057 | 0 | -303,332 | -67,234 | -46,040 | 79,831 | -16,214 | 272,893 | 80,096 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,295,000 | 1,295,000 |
| share issue | ||||||||||||
| interest | 208,213 | 238,210 | 277,093 | 289,364 | -31,759 | -60,619 | -83,573 | -42,300 | -71,820 | -60,667 | -42,344 | -4,850 |
| cash flow from financing | -2,486,126 | 3,203,684 | -1,040,527 | 1,461,266 | -612,333 | -192,991 | -90,074 | -144,846 | 201,073 | -81,088 | -114,184 | 2,026,574 |
| cash and cash equivalents | ||||||||||||
| cash | 933,507 | 460,035 | -185,514 | -316,251 | 27,947 | -134,211 | -203,057 | 792,312 | -359,880 | 388,398 | 101,029 | 827,247 |
| overdraft | 0 | 0 | 0 | -22,842 | 20,030 | 2,809 | -49 | 52 | -86,332 | 14,389 | 71,943 | 0 |
| change in cash | 933,507 | 460,035 | -185,514 | -293,409 | 7,917 | -137,020 | -203,008 | 792,260 | -273,548 | 374,009 | 29,086 | 827,247 |
allneeds group limited Credit Report and Business Information
Allneeds Group Limited Competitor Analysis
Perform a competitor analysis for allneeds group limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in AL9 area or any other competitors across 12 key performance metrics.
allneeds group limited Ownership
ALLNEEDS GROUP LIMITED group structure
Allneeds Group Limited has 4 subsidiary companies.
Ultimate parent company
ALLNEEDS GROUP LIMITED
07442862
4 subsidiaries
allneeds group limited directors
Allneeds Group Limited currently has 1 director, Mr Vinod Patel serving since Nov 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Vinod Patel | United Kingdom | 54 years | Nov 2010 | - | Director |
P&L
March 2023turnover
27.4m
0%
operating profit
801.6k
-331%
gross margin
19.5%
-6.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.5m
+0.09%
total assets
15.8m
-0.23%
cash
2.3m
+0.67%
net assets
Total assets minus all liabilities
Similar Companies
allneeds group limited company details
company number
07442862
Type
Private limited with Share Capital
industry
46730 - Wholesale of wood, construction materials and sanitary equipment
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 2010
age
14
accounts
Group
ultimate parent company
previous names
allneeds building and construction depot holdings limited (February 2015)
incorporated
UK
address
allneeds house, unit 4, travellers lane, hatfield, AL9 7HF
last accounts submitted
March 2023
allneeds group 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 4 charges/mortgages relating to allneeds group limited. Currently there are 2 open charges and 2 have been satisfied in the past.
allneeds group limited Companies House Filings - See Documents
| date | description | view/download |
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