able money ltd
able money ltd Company Information
Company Number
07465251
Next Accounts
Dec 2025
Directors
Shareholders
rajiv soni
sachin soni
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
17 warren road, ickenham, middlesex, UB10 8AA
Website
www.ablemoney.bizable money ltd Estimated Valuation
Pomanda estimates the enterprise value of ABLE MONEY LTD at £313.2k based on a Turnover of £379k and 0.83x industry multiple (adjusted for size and gross margin).
able money ltd Estimated Valuation
Pomanda estimates the enterprise value of ABLE MONEY LTD at £0 based on an EBITDA of £-6.4k and a 2.85x industry multiple (adjusted for size and gross margin).
able money ltd Estimated Valuation
Pomanda estimates the enterprise value of ABLE MONEY LTD at £72.4k based on Net Assets of £54k and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Able Money Ltd Overview
Able Money Ltd is a live company located in middlesex, UB10 8AA with a Companies House number of 07465251. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 2010, it's largest shareholder is rajiv soni with a 40% stake. Able Money Ltd is a established, micro sized company, Pomanda has estimated its turnover at £379k with declining growth in recent years.
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Able Money Ltd Health Check
Pomanda's financial health check has awarded Able Money Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £379k, make it smaller than the average company (£5.2m)
- Able Money Ltd
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.6%)
- Able Money Ltd
6.6% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (55.6%)
- Able Money Ltd
55.6% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (9.3%)
- Able Money Ltd
9.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (12)
5 - Able Money Ltd
12 - Industry AVG
Pay Structure
on an average salary of £80k, the company has an equivalent pay structure (£80k)
- Able Money Ltd
£80k - Industry AVG
Efficiency
resulting in sales per employee of £75.8k, this is less efficient (£217.9k)
- Able Money Ltd
£217.9k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (32 days)
- Able Money Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (41 days)
- Able Money Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Able Money Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Able Money Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (68.4%)
34.8% - Able Money Ltd
68.4% - Industry AVG
ABLE MONEY LTD financials
Able Money Ltd's latest turnover from March 2024 is estimated at £379 thousand and the company has net assets of £54 thousand. According to their latest financial statements, Able Money Ltd has 5 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | 193,771 | 152,517 | 159,505 | ||||||||||
| Admin Expenses | 143,123 | 114,641 | 100,453 | ||||||||||
| Operating Profit | 50,648 | 37,876 | 59,052 | ||||||||||
| Interest Payable | 0 | 0 | 0 | ||||||||||
| Interest Receivable | 264 | 347 | 720 | ||||||||||
| Pre-Tax Profit | 50,912 | 38,223 | 59,772 | ||||||||||
| Tax | -10,144 | -7,942 | -12,317 | ||||||||||
| Profit After Tax | 40,768 | 30,281 | 47,455 | ||||||||||
| Dividends Paid | 25,000 | 25,000 | 50,000 | ||||||||||
| Retained Profit | 15,768 | 5,281 | -2,545 | ||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 6 | 6 | 5 | 6 | 6 | ||||
| EBITDA* | 50,725 | 37,978 | 59,188 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,911 | 3,881 | 2,108 | 2,811 | 1,648 | 2,198 | 230 | 307 | 409 | 545 | 727 | 970 | 1,294 |
| Intangible Assets | 0 | 0 | 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 | 2,911 | 3,881 | 2,108 | 2,811 | 1,648 | 2,198 | 230 | 307 | 409 | 545 | 727 | 970 | 1,294 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 79,905 | 85,959 | 110,042 | 0 | 0 | 0 | 1,286 | 0 | 0 | 0 | 1,083 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 1,838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 118,385 | 105,274 | 103,712 | 110,636 | 106,089 | 115,938 | 119,990 | 81,357 | 62,082 | 19,951 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 79,905 | 85,959 | 110,042 | 118,385 | 107,112 | 103,712 | 111,922 | 106,089 | 115,938 | 119,990 | 82,440 | 62,082 | 19,951 |
| total assets | 82,816 | 89,840 | 112,150 | 121,196 | 108,760 | 105,910 | 112,152 | 106,396 | 116,347 | 120,535 | 83,167 | 63,052 | 21,245 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,802 | 9,433 | 26,598 | 0 | 0 | 0 | 0 | 21,956 | 37,188 | 38,831 | 37,338 | 23,430 | 8,251 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 28,432 | 8,760 | 8,129 | 11,944 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,802 | 9,433 | 26,598 | 28,432 | 8,760 | 8,129 | 11,944 | 21,956 | 37,188 | 38,831 | 37,338 | 23,430 | 8,251 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 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 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 10,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 10,000 |
| total liabilities | 28,802 | 29,433 | 46,598 | 48,432 | 28,760 | 28,129 | 31,944 | 41,956 | 57,188 | 58,831 | 57,338 | 43,430 | 18,251 |
| net assets | 54,014 | 60,407 | 65,552 | 72,764 | 80,000 | 77,781 | 80,208 | 64,440 | 59,159 | 61,704 | 25,829 | 19,622 | 2,994 |
| total shareholders funds | 54,014 | 60,407 | 65,552 | 72,764 | 80,000 | 77,781 | 80,208 | 64,440 | 59,159 | 61,704 | 25,829 | 19,622 | 2,994 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 50,648 | 37,876 | 59,052 | ||||||||||
| Depreciation | 703 | 937 | 550 | 732 | 77 | 102 | 136 | 182 | 243 | 324 | 431 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -10,144 | -7,942 | -12,317 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,054 | -24,083 | 110,042 | -1,838 | 1,838 | -1,286 | 1,286 | 0 | 0 | -1,083 | 1,083 | 0 | 0 |
| Creditors | -631 | -17,165 | 26,598 | 0 | 0 | 0 | -21,956 | -15,232 | -1,643 | 1,493 | 13,908 | 15,179 | 8,251 |
| Accruals and Deferred Income | 0 | 0 | -28,432 | 19,672 | 631 | -3,815 | 11,944 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 29,283 | 14,804 | 45,228 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 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 | 10,000 | 10,000 |
| share issue | |||||||||||||
| interest | 264 | 347 | 720 | ||||||||||
| cash flow from financing | 264 | 347 | 720 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | -118,385 | 13,111 | 1,562 | -6,924 | 4,547 | -9,849 | -4,052 | 38,633 | 19,275 | 42,131 | 19,951 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -118,385 | 13,111 | 1,562 | -6,924 | 4,547 | -9,849 | -4,052 | 38,633 | 19,275 | 42,131 | 19,951 |
able money ltd Credit Report and Business Information
Able Money Ltd Competitor Analysis
Perform a competitor analysis for able money ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in UB10 area or any other competitors across 12 key performance metrics.
able money ltd Ownership
ABLE MONEY LTD group structure
Able Money Ltd has no subsidiary companies.
Ultimate parent company
ABLE MONEY LTD
07465251
able money ltd directors
Able Money Ltd currently has 1 director, Mr Rajiv Soni serving since Dec 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rajiv Soni | England | 61 years | Dec 2010 | - | Director |
P&L
March 2024turnover
379k
+4%
operating profit
-6.4k
0%
gross margin
14.3%
-16.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
54k
-0.11%
total assets
82.8k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
able money ltd company details
company number
07465251
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
FINANCIAL ACCOUNTANTS LTD
auditor
-
address
17 warren road, ickenham, middlesex, UB10 8AA
Bank
-
Legal Advisor
-
able money 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 did not find charges/mortgages relating to able money ltd.
able money 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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able money ltd Companies House Filings - See Documents
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