abee hire ltd

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abee hire ltd Company Information

Share ABEE HIRE LTD
Live 
EstablishedMidHigh

Company Number

07687773

Registered Address

first floor, 94 stamford hill, london, N16 6XS

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Telephone

02082034134

Next Accounts Due

124 days late

Group Structure

View All

Directors

Avrumi Hager12 Years

Etty Hager0 Years

Shareholders

avrumi hager 100%

abee hire ltd Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of ABEE HIRE LTD at £3.6m based on a Turnover of £9.6m and 0.38x industry multiple (adjusted for size and gross margin).

abee hire ltd Estimated Valuation

£547.2k

Pomanda estimates the enterprise value of ABEE HIRE LTD at £547.2k based on an EBITDA of £118.8k and a 4.61x industry multiple (adjusted for size and gross margin).

abee hire ltd Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ABEE HIRE LTD at £1.7m based on Net Assets of £891.4k and 1.94x industry multiple (adjusted for liquidity).

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Abee Hire Ltd Overview

Abee Hire Ltd is a live company located in london, N16 6XS with a Companies House number of 07687773. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in June 2011, it's largest shareholder is avrumi hager with a 100% stake. Abee Hire Ltd is a established, mid sized company, Pomanda has estimated its turnover at £9.6m with high growth in recent years.

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Abee Hire Ltd Health Check

Pomanda's financial health check has awarded Abee Hire Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £9.6m, make it larger than the average company (£4.6m)

£9.6m - Abee Hire Ltd

£4.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (2.3%)

20% - Abee Hire Ltd

2.3% - Industry AVG

production

Production

with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)

24.5% - Abee Hire Ltd

24.5% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (5.6%)

0.9% - Abee Hire Ltd

5.6% - Industry AVG

employees

Employees

with 9 employees, this is below the industry average (28)

9 - Abee Hire Ltd

28 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)

£43.1k - Abee Hire Ltd

£43.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£168.4k)

£1.1m - Abee Hire Ltd

£168.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (57 days)

73 days - Abee Hire Ltd

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 80 days, this is slower than average (40 days)

80 days - Abee Hire Ltd

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 26 days, this is more than average (10 days)

26 days - Abee Hire Ltd

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

0 weeks - Abee Hire Ltd

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.1%, this is a similar level of debt than the average (63.8%)

66.1% - Abee Hire Ltd

63.8% - Industry AVG

abee hire ltd 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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Abee Hire Ltd Competitor Analysis

BETA
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Perform a competitor analysis for abee hire ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

abee hire ltd Ownership

ABEE HIRE LTD group structure

Abee Hire Ltd has no subsidiary companies.

Ultimate parent company

ABEE HIRE LTD

07687773

ABEE HIRE LTD Shareholders

avrumi hager 100%

abee hire ltd directors

Abee Hire Ltd currently has 2 directors. The longest serving directors include Mr Avrumi Hager (Jul 2011) and Etty Hager (Sep 2023).

officercountryagestartendrole
Mr Avrumi HagerEngland40 years Jul 2011- Director
Etty HagerEngland39 years Sep 2023- Director

ABEE HIRE LTD financials

EXPORTms excel logo

Abee Hire Ltd's latest turnover from April 2022 is estimated at £9.6 million and the company has net assets of £891.4 thousand. According to their latest financial statements, Abee Hire Ltd has 9 employees and maintains cash reserves of £30.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Jul 2015Jun 2014Jun 2013Jun 2012
Turnover9,642,2028,867,6055,756,5865,649,5615,366,1226,295,9371,361,8661,210,1541,258,660406,599829,084
Other Income Or Grants00000000000
Cost Of Sales7,278,3546,848,3624,364,3534,250,3464,007,5024,644,2911,006,452911,278945,714299,980604,658
Gross Profit2,363,8492,019,2431,392,2331,399,2151,358,6201,651,646355,413298,876312,947106,619224,427
Admin Expenses2,275,2431,737,1241,130,4011,322,1521,261,5161,550,562317,335228,551270,22279,712206,299
Operating Profit88,606282,119261,83277,06397,104101,08438,07870,32542,72526,90718,128
Interest Payable00000000000
Interest Receivable2464326007437732918811728
Pre-Tax Profit88,852282,162261,85877,06397,104101,15838,45570,65442,91327,02318,157
Tax-16,882-53,611-49,753-14,642-18,450-19,220-7,691-14,131-9,012-6,215-4,358
Profit After Tax71,970228,551212,10562,42178,65481,93830,76456,52333,90120,80813,799
Dividends Paid00000000000
Retained Profit71,970228,551212,10562,42178,65481,93830,76456,52333,90120,80813,799
Employee Costs387,694330,759211,892211,6721,416,9251,574,380355,412313,089302,937110,826221,470
Number Of Employees9855343998836
EBITDA*118,816319,275261,83280,06397,104101,08439,90572,22044,33928,24718,128

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Jul 2015Jun 2014Jun 2013Jun 2012
Tangible Assets124,993155,203191,85126,50120,65119,65416,15516,36014,7558,2605,600
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets124,993155,203191,85126,50120,65119,65416,15516,36014,7558,2605,600
Stock & work in progress530,00040,000100,00000000000
Trade Debtors1,943,1562,333,7641,268,1791,268,042966,6671,099,528244,954199,780210,10562,507131,635
Group Debtors00000000000
Misc Debtors0091,97200000000
Cash30,82434,65951,49900059,15691,73139,90035,29011,333
misc current assets00000000000
total current assets2,503,9802,408,4231,511,6501,268,042966,6671,099,528304,110291,511250,00597,797142,968
total assets2,628,9732,563,6261,703,5011,294,543987,3181,119,182320,265307,871264,760106,057148,568
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 1,612,8491,438,0251,031,705911,230670,931881,449164,469182,839071,449134,768
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities100,940276,64776,37700000000
total current liabilities1,713,7891,714,6721,108,082911,230670,931881,449164,469182,839071,449134,768
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income029,4894,5054,5050000000
other liabilities00000000196,25100
provisions23,7490000000000
total long term liabilities23,74929,4894,5054,5050000196,25100
total liabilities1,737,5381,744,1611,112,587915,735670,931881,449164,469182,839196,25171,449134,768
net assets891,435819,465590,914378,808316,387237,733155,796125,03268,50934,60813,800
total shareholders funds891,435819,465590,914378,808316,387237,733155,796125,03268,50934,60813,800
Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Jul 2015Jun 2014Jun 2013Jun 2012
Operating Activities
Operating Profit88,606282,119261,83277,06397,104101,08438,07870,32542,72526,90718,128
Depreciation30,21037,15603,000001,8271,8951,6141,3400
Amortisation00000000000
Tax-16,882-53,611-49,753-14,642-18,450-19,220-7,691-14,131-9,012-6,215-4,358
Stock490,000-60,000100,00000000000
Debtors-390,608973,61392,109301,375-132,861854,57445,174-10,325147,598-69,128131,635
Creditors174,824406,320120,475240,299-210,518716,980-18,370182,839-71,449-63,319134,768
Accruals and Deferred Income-205,196225,25476,3774,5050000000
Deferred Taxes & Provisions23,7490000000000
Cash flow from operations-4,081-16,375216,8228,850997-55,730-31,330251,253-183,72027,84116,903
Investing Activities
capital expenditure0-508-165,350-8,850-997-3,499-1,622-3,500-8,109-4,000-5,600
Change in Investments00000000000
cash flow from investments0-508-165,350-8,850-997-3,499-1,622-3,500-8,109-4,000-5,600
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities0000000-196,251196,25100
share issue00100-100001
interest2464326007437732918811728
cash flow from financing24643270073377-195,922196,43911729
cash and cash equivalents
cash-3,835-16,84051,49900-59,156-32,57551,8314,61023,95711,333
overdraft00000000000
change in cash-3,835-16,84051,49900-59,156-32,57551,8314,61023,95711,333

P&L

April 2022

turnover

9.6m

+9%

operating profit

88.6k

0%

gross margin

24.6%

+7.66%

turnover

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

Balance Sheet

April 2022

net assets

891.4k

+0.09%

total assets

2.6m

+0.03%

cash

30.8k

-0.11%

net assets

Total assets minus all liabilities

abee hire ltd company details

company number

07687773

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

June 2011

age

13

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

first floor, 94 stamford hill, london, N16 6XS

last accounts submitted

April 2022

abee hire 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 abee hire ltd.

charges

abee hire ltd Companies House Filings - See Documents

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