accession social enterprise cicEstimated Valuation
£85.6k
Pomanda estimates the enterprise value of ACCESSION SOCIAL ENTERPRISE CIC at £85.6k based on a Turnover of £320.6k and 0.27x industry multiple (adjusted for size and gross margin).
accession social enterprise cicEstimated Valuation
£24.8k
Pomanda estimates the enterprise value of ACCESSION SOCIAL ENTERPRISE CIC at £24.8k based on an EBITDA of £8.3k and a 3x industry multiple (adjusted for size and gross margin).
accession social enterprise cicEstimated Valuation
£43.1k
Pomanda estimates the enterprise value of ACCESSION SOCIAL ENTERPRISE CIC at £43.1k based on Net Assets of £22k and 1.96x industry multiple (adjusted for liquidity).
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Accession Social Enterprise CicOverview
Accession Social Enterprise Cic is a dissolved company that was located in london, EC4R 9AN with a Companies House number of 07597347. It operated in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in April 2011, it's largest shareholder was
unknown.
The last turnover for Accession Social Enterprise Cic was estimated at £320.6k.
Pomanda's financial health check has awarded Accession Social Enterprise Cic a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £320.6k, make it in line with the average company (£335.6k)
£320.6k - Accession Social Enterprise Cic
£335.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (4.2%)
-26% - Accession Social Enterprise Cic
4.2% - Industry AVG
Production
with a gross margin of 32.5%, this company has a higher cost of product (42.6%)
32.5% - Accession Social Enterprise Cic
42.6% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (6.2%)
-1% - Accession Social Enterprise Cic
6.2% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (11)
9 - Accession Social Enterprise Cic
11 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has a higher pay structure (£21k)
£40.2k - Accession Social Enterprise Cic
£21k - Industry AVG
Efficiency
resulting in sales per employee of £35.6k, this is equally as efficient (£37k)
£35.6k - Accession Social Enterprise Cic
£37k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is later than average (18 days)
24 days - Accession Social Enterprise Cic
18 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (9 days)
36 days - Accession Social Enterprise Cic
9 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (17 days)
1 days - Accession Social Enterprise Cic
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is less cash available to meet short term requirements (221 weeks)
43 weeks - Accession Social Enterprise Cic
221 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.5%, this is a higher level of debt than the average (12.6%)
89.5% - Accession Social Enterprise Cic
12.6% - Industry AVG
ACCESSION SOCIAL ENTERPRISE CIC financials
EXPORT
Accession Social Enterprise Cic's latest turnover from April 2015 is £320.6 thousand and the company has net assets of £22 thousand. According to their latest financial statements, we estimate that Accession Social Enterprise Cic has 9 employees and maintains cash reserves of £150.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Turnover
320,552
247,293
54,349
798,603
Other Income Or Grants
Cost Of Sales
216,385
208,946
8,094
479,131
Gross Profit
104,167
38,347
46,255
319,472
Admin Expenses
107,437
33,430
22,560
316,689
Operating Profit
-3,270
4,917
23,695
2,783
Interest Payable
3,409
3,805
Interest Receivable
95
4
57
Pre-Tax Profit
-3,175
4,921
23,695
2,839
Tax
-6,223
3,749
-3,163
-681
Profit After Tax
-9,398
8,670
20,532
2,158
Dividends Paid
Retained Profit
-9,398
8,670
20,532
2,158
Employee Costs
361,361
116,709
43,764
473,284
Number Of Employees
9
7
2
22
EBITDA*
8,285
12,715
24,091
2,783
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Tangible Assets
28,185
33,679
8,051
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
28,185
33,679
8,051
Stock & work in progress
1,100
Trade Debtors
21,468
17,446
8,450
21,630
Group Debtors
Misc Debtors
7,727
7,930
2,400
Cash
150,469
246,031
125,775
22,677
misc current assets
total current assets
180,764
271,407
136,625
44,307
total assets
208,949
305,086
144,676
44,307
Bank overdraft
Bank loan
Trade Creditors
21,866
21,545
3,773
42,149
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
159,484
252,181
118,213
total current liabilities
181,350
273,726
121,986
42,149
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
5,637
total long term liabilities
5,637
total liabilities
186,987
273,726
121,986
42,149
net assets
21,962
31,360
22,690
2,158
total shareholders funds
21,962
31,360
22,690
2,158
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Operating Activities
Operating Profit
-3,270
4,917
23,695
2,783
Depreciation
11,555
7,798
396
Amortisation
Tax
-6,223
3,749
-3,163
-681
Stock
1,100
Debtors
3,819
14,526
-10,780
21,630
Creditors
321
17,772
-38,376
42,149
Accruals and Deferred Income
-92,697
133,968
118,213
Deferred Taxes & Provisions
5,637
Cash flow from operations
-89,596
153,678
111,545
22,621
Investing Activities
capital expenditure
-6,061
-33,426
-8,447
Change in Investments
cash flow from investments
-6,061
-33,426
-8,447
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
-3,314
-3,801
57
cash flow from financing
-3,314
-3,801
57
cash and cash equivalents
cash
-95,562
120,256
103,098
22,677
overdraft
change in cash
-95,562
120,256
103,098
22,677
accession social enterprise cic 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 accession social enterprise cic. Get real-time insights into accession social enterprise cic's credit score, group structure and payment trends.
Accession Social Enterprise Cic Competitor Analysis
Perform a competitor analysis for accession social enterprise cic by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other undefined companies, companies in EC4R area or any other competitors across 12 key performance metrics.
accession social enterprise cic Ownership
ACCESSION SOCIAL ENTERPRISE CIC group structure
Accession Social Enterprise Cic has no subsidiary companies.
Ultimate parent company
ACCESSION SOCIAL ENTERPRISE CIC
07597347
ACCESSION SOCIAL ENTERPRISE CIC Shareholders
The sole shareholder of Accession Social Enterprise Cic is -.
-
-
accession social enterprise cic directors
Accession Social Enterprise Cic currently has 5 directors.
The longest serving directors include
Ms Isabelle Milton (Aug 2014) and
Mr Dominic Giacon (Aug 2014).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
April 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2015
previous names
accession social enterprise (January 2015)
accountant
-
auditor
-
address
2nd floor regis house, 45 king william street, london, EC4R 9AN
Bank
-
Legal Advisor
-
accession social enterprise cic 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 accession social enterprise cic.
accession social enterprise cic 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 ACCESSION SOCIAL ENTERPRISE CIC. This can take several minutes, an email will notify you when this has completed.
accession social enterprise cicCompanies House Filings - See Documents
