abbey14 limited

abbey14 limited Company Information

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EstablishedMicroDeclining

Company Number

08024711

Industry

Residential care activities for the elderly and disabled

 

Shareholders

sivanithy rajaratnam

sinthujah kirishnabala

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Group Structure

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Contact

Registered Address

abbey house, 455 hillcross avenue, sutton, s, SM4 4BZ

Website

-

abbey14 limited Estimated Valuation

£302.9k

Pomanda estimates the enterprise value of ABBEY14 LIMITED at £302.9k based on a Turnover of £358.5k and 0.84x industry multiple (adjusted for size and gross margin).

abbey14 limited Estimated Valuation

£276k

Pomanda estimates the enterprise value of ABBEY14 LIMITED at £276k based on an EBITDA of £45.2k and a 6.11x industry multiple (adjusted for size and gross margin).

abbey14 limited Estimated Valuation

£568k

Pomanda estimates the enterprise value of ABBEY14 LIMITED at £568k based on Net Assets of £168.8k and 3.37x industry multiple (adjusted for liquidity).

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Abbey14 Limited Overview

Abbey14 Limited is a live company located in sutton, SM4 4BZ with a Companies House number of 08024711. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in April 2012, it's largest shareholder is sivanithy rajaratnam with a 70% stake. Abbey14 Limited is a established, micro sized company, Pomanda has estimated its turnover at £358.5k with declining growth in recent years.

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Abbey14 Limited Health Check

Pomanda's financial health check has awarded Abbey14 Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £358.5k, make it smaller than the average company (£3.1m)

£358.5k - Abbey14 Limited

£3.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.5%)

-6% - Abbey14 Limited

4.5% - Industry AVG

production

Production

with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)

38.1% - Abbey14 Limited

38.1% - Industry AVG

profitability

Profitability

an operating margin of 2.6% make it less profitable than the average company (10.9%)

2.6% - Abbey14 Limited

10.9% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (74)

12 - Abbey14 Limited

74 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.4k, the company has an equivalent pay structure (£22.4k)

£22.4k - Abbey14 Limited

£22.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £29.9k, this is less efficient (£37.1k)

£29.9k - Abbey14 Limited

£37.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Abbey14 Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (14 days)

2 days - Abbey14 Limited

14 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is more than average (0 days)

2 days - Abbey14 Limited

0 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 (21 weeks)

0 weeks - Abbey14 Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.1%, this is a higher level of debt than the average (49.3%)

67.1% - Abbey14 Limited

49.3% - Industry AVG

ABBEY14 LIMITED financials

EXPORTms excel logo

Abbey14 Limited's latest turnover from March 2023 is estimated at £358.5 thousand and the company has net assets of £168.8 thousand. According to their latest financial statements, Abbey14 Limited has 12 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Apr 2013
Turnover358,502354,673330,433432,771435,884273,494274,268195,678582,334852,661347,940
Other Income Or Grants00000000000
Cost Of Sales221,952221,715208,121264,944263,014164,182163,659117,206341,916494,996202,599
Gross Profit136,550132,958122,312167,826172,870109,313110,61078,471240,417357,665145,340
Admin Expenses127,133159,606139,425151,822111,539-27,09787,59363,902261,634332,476141,353
Operating Profit9,417-26,648-17,11316,00461,331136,41023,01714,569-21,21725,1893,987
Interest Payable00000000000
Interest Receivable158162323473972438215
Pre-Tax Profit9,575-26,632-17,09016,02761,378136,44923,02414,593-21,17925,2103,992
Tax-1,81900-3,045-11,662-25,925-4,605-2,9180-5,798-918
Profit After Tax7,756-26,632-17,09012,98249,716110,52418,41911,674-21,17919,4123,074
Dividends Paid00000000000
Retained Profit7,756-26,632-17,09012,98249,716110,52418,41911,674-21,17919,4123,074
Employee Costs268,444250,481237,501322,351288,389171,917164,291125,489338,629495,764206,601
Number Of Employees121212171610108223314
EBITDA*45,1646,64310,30035,75361,331159,59332,76223,425-17,61025,9753,987

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Apr 2013
Tangible Assets162,848151,659132,38289,96889,556105,60338,97835,42314,4293,1460
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)10,00010,00010,00010,00010,00010,00010,00010,00011,27300
Total Fixed Assets172,848161,659142,38299,96899,556115,60348,97845,42325,7023,1460
Stock & work in progress1,6001,8002,0002,0002,0002,0002,0002,0002,0002,0002,000
Trade Debtors00000000042,23517,665
Group Debtors335,386335,386172,346173,345181,171132,24740,81324,000000
Misc Debtors896,10410,970024,000000000
Cash3,5613,87538445,44399811,4534,1761,0228,5256,4942,103
misc current assets00000000000
total current assets340,636347,165185,700220,788208,169145,70046,98927,02210,52550,72921,768
total assets513,484508,824328,082320,756307,725261,30395,96772,44536,22753,87521,768
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 1,4476,4001,3061,6669,7665,9786,78764534,82031,2891,937
Group/Directors Accounts97,935127,83505113,93931,19400000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities228,012196,439124,64898,44086,72263,50151,73258,7190016,657
total current liabilities327,394330,674125,954100,617100,427100,67358,51959,36434,82031,28918,594
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions17,33417,15014,49615,41715,55818,6065,9480000
total long term liabilities17,33417,15014,49615,41715,55818,6065,9480000
total liabilities344,728347,824140,450116,034115,985119,27964,46759,36434,82031,28918,594
net assets168,756161,000187,632204,722191,740142,02431,50013,0811,40722,5863,174
total shareholders funds168,756161,000187,632204,722191,740142,02431,50013,0811,40722,5863,174
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Apr 2013
Operating Activities
Operating Profit9,417-26,648-17,11316,00461,331136,41023,01714,569-21,21725,1893,987
Depreciation35,74733,29127,41319,749023,1839,7458,8563,6077860
Amortisation00000000000
Tax-1,81900-3,045-11,662-25,925-4,605-2,9180-5,798-918
Stock-200-200000000002,000
Debtors-6,015158,1749,971-31,82672,92491,43416,81322,727-30,96224,57017,665
Creditors-4,9535,094-360-8,1003,788-8096,142-34,1753,53129,3521,937
Accruals and Deferred Income31,57371,79126,20811,71823,22111,769-6,98758,7190-16,65716,657
Deferred Taxes & Provisions1842,654-921-141-3,04812,6585,9480000
Cash flow from operations76,364-71,79225,25668,01170665,85216,44722,32416,8838,3021,998
Investing Activities
capital expenditure-46,936-52,568-69,827-20,16116,047-89,808-13,300-29,850-14,890-3,9320
Change in Investments00000000000
cash flow from investments-46,936-52,568-69,827-20,16116,047-89,808-13,300-29,850-14,890-3,9320
Financing Activities
Bank loans00000000000
Group/Directors Accounts-29,900127,835-511-3,428-27,25531,19400000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000000000100
interest158162323473972438215
cash flow from financing-29,742127,851-488-3,405-27,20831,2337243821105
cash and cash equivalents
cash-3143,491-45,05944,445-10,4557,2773,154-7,5032,0314,3912,103
overdraft00000000000
change in cash-3143,491-45,05944,445-10,4557,2773,154-7,5032,0314,3912,103

abbey14 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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Abbey14 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for abbey14 limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in SM4 area or any other competitors across 12 key performance metrics.

abbey14 limited Ownership

ABBEY14 LIMITED group structure

Abbey14 Limited has no subsidiary companies.

Ultimate parent company

ABBEY14 LIMITED

08024711

ABBEY14 LIMITED Shareholders

sivanithy rajaratnam 70%
sinthujah kirishnabala 10%
thushjah krishnabala 10%
krishnakaran krishnabala 10%

abbey14 limited directors

Abbey14 Limited currently has 2 directors. The longest serving directors include Mrs Sivanithy Rajaratnam (Apr 2012) and Miss Thushjah Krishnabala (May 2020).

officercountryagestartendrole
Mrs Sivanithy RajaratnamUnited Kingdom54 years Apr 2012- Director
Miss Thushjah Krishnabala27 years May 2020- Director

P&L

March 2023

turnover

358.5k

+1%

operating profit

9.4k

0%

gross margin

38.1%

+1.6%

turnover

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

Balance Sheet

March 2023

net assets

168.8k

+0.05%

total assets

513.5k

+0.01%

cash

3.6k

-0.08%

net assets

Total assets minus all liabilities

abbey14 limited company details

company number

08024711

Type

Private limited with Share Capital

industry

87300 - Residential care activities for the elderly and disabled

incorporation date

April 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

VPP ACCOUNTANCY

auditor

-

address

abbey house, 455 hillcross avenue, sutton, s, SM4 4BZ

Bank

-

Legal Advisor

-

abbey14 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 did not find charges/mortgages relating to abbey14 limited.

charges

abbey14 limited Companies House Filings - See Documents

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