abs hospitality limited
abs hospitality limited Company Information
Company Number
08043414
Next Accounts
Feb 2025
Shareholders
harry koranteng
christian thompson
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
6 greenwich quay clarence road, clarence road, london, SE8 3EY
Website
-abs hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ABS HOSPITALITY LIMITED at £25.8k based on a Turnover of £63.5k and 0.41x industry multiple (adjusted for size and gross margin).
abs hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ABS HOSPITALITY LIMITED at £0 based on an EBITDA of £0 and a 2.92x industry multiple (adjusted for size and gross margin).
abs hospitality limited Estimated Valuation
Pomanda estimates the enterprise value of ABS HOSPITALITY LIMITED at £0 based on Net Assets of £-3.2k and 2.3x industry multiple (adjusted for liquidity).
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Abs Hospitality Limited Overview
Abs Hospitality Limited is a live company located in london, SE8 3EY with a Companies House number of 08043414. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2012, it's largest shareholder is harry koranteng with a 50% stake. Abs Hospitality Limited is a established, micro sized company, Pomanda has estimated its turnover at £63.5k with unknown growth in recent years.
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Abs Hospitality Limited Health Check
Pomanda's financial health check has awarded Abs Hospitality Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £63.5k, make it smaller than the average company (£3.7m)
- Abs Hospitality Limited
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Abs Hospitality Limited
- - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (38.1%)
- Abs Hospitality Limited
38.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Abs Hospitality Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Abs Hospitality Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Abs Hospitality Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £63.5k, this is less efficient (£153.8k)
- Abs Hospitality Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (41 days)
- Abs Hospitality Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 128 days, this is slower than average (33 days)
- Abs Hospitality Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abs Hospitality Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abs Hospitality Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 121.1%, this is a higher level of debt than the average (62.3%)
121.1% - Abs Hospitality Limited
62.3% - Industry AVG
ABS HOSPITALITY LIMITED financials
Abs Hospitality Limited's latest turnover from May 2023 is estimated at £63.6 thousand and the company has net assets of -£3.2 thousand. According to their latest financial statements, we estimate that Abs Hospitality Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 7 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,239 | 15,239 | 10,182 | 28,760 | 124,797 | 96,680 | 103,967 | 61,025 | 51,560 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 625 | 23,899 | 2,820 | 0 | 0 | 0 |
| Cash | 0 | 0 | 18,666 | 21,564 | 16,989 | 46,350 | 53,928 | 40,207 | 68,226 |
| misc current assets | 0 | 0 | 5,246 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,239 | 15,239 | 34,094 | 50,949 | 165,685 | 145,850 | 157,895 | 101,232 | 119,786 |
| total assets | 15,239 | 15,239 | 34,094 | 50,949 | 165,685 | 145,850 | 157,895 | 101,232 | 119,786 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,453 | 18,453 | 0 | 0 | 0 | 0 | 116,542 | 62,290 | 80,634 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 40,995 | 147,396 | 112,931 | 0 | 0 | 0 |
| total current liabilities | 18,453 | 18,453 | 26,087 | 40,995 | 147,396 | 112,931 | 116,542 | 62,290 | 80,634 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,453 | 18,453 | 26,087 | 40,995 | 147,396 | 112,931 | 116,542 | 62,290 | 80,634 |
| net assets | -3,214 | -3,214 | 8,007 | 9,954 | 18,289 | 32,919 | 41,353 | 38,942 | 39,152 |
| total shareholders funds | -3,214 | -3,214 | 8,007 | 9,954 | 18,289 | 32,919 | 41,353 | 38,942 | 39,152 |
| May 2023 | May 2022 | May 2019 | May 2018 | May 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 15,239 | -19,203 | -119,311 | 49,196 | -4,467 | 42,942 | 9,465 | 51,560 |
| Creditors | 0 | 18,453 | 0 | 0 | 0 | -116,542 | 54,252 | -18,344 | 80,634 |
| Accruals and Deferred Income | 0 | 0 | -40,995 | -106,401 | 34,465 | 112,931 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | -2,898 | 4,575 | -29,361 | -7,578 | 13,721 | -28,019 | 68,226 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -2,898 | 4,575 | -29,361 | -7,578 | 13,721 | -28,019 | 68,226 |
abs hospitality limited Credit Report and Business Information
Abs Hospitality Limited Competitor Analysis
Perform a competitor analysis for abs hospitality limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SE8 area or any other competitors across 12 key performance metrics.
abs hospitality limited Ownership
ABS HOSPITALITY LIMITED group structure
Abs Hospitality Limited has no subsidiary companies.
Ultimate parent company
ABS HOSPITALITY LIMITED
08043414
abs hospitality limited directors
Abs Hospitality Limited currently has 2 directors. The longest serving directors include Mr Harry Koranteng (Apr 2012) and Mr Christian Thompson (Apr 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harry Koranteng | United Kingdom | 63 years | Apr 2012 | - | Director |
| Mr Christian Thompson | 56 years | Apr 2012 | - | Director |
P&L
May 2023turnover
63.5k
+5%
operating profit
0
0%
gross margin
17.6%
+5.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-3.2k
0%
total assets
15.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
abs hospitality limited company details
company number
08043414
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
6 greenwich quay clarence road, clarence road, london, SE8 3EY
Bank
-
Legal Advisor
-
abs hospitality 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 abs hospitality limited.
abs hospitality limited 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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abs hospitality limited Companies House Filings - See Documents
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