approach building contractors ltd

Dissolved 

approach building contractors ltd Company Information

Share APPROACH BUILDING CONTRACTORS LTD

Company Number

08337096

Shareholders

executors of felicity winstone

Group Structure

View All

Industry

Construction of domestic buildings

 

Registered Address

kingsbury house 468 church lane, london, NW9 8UA

Website

-

approach building contractors ltd Estimated Valuation

£71.9k

Pomanda estimates the enterprise value of APPROACH BUILDING CONTRACTORS LTD at £71.9k based on a Turnover of £184.6k and 0.39x industry multiple (adjusted for size and gross margin).

approach building contractors ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of APPROACH BUILDING CONTRACTORS LTD at £0 based on an EBITDA of £-2.8k and a 3.31x industry multiple (adjusted for size and gross margin).

approach building contractors ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of APPROACH BUILDING CONTRACTORS LTD at £0 based on Net Assets of £-6.3k and 1.39x industry multiple (adjusted for liquidity).

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Approach Building Contractors Ltd Overview

Approach Building Contractors Ltd is a dissolved company that was located in london, NW9 8UA with a Companies House number of 08337096. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2012, it's largest shareholder was executors of felicity winstone with a 100% stake. The last turnover for Approach Building Contractors Ltd was estimated at £184.6k.

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Approach Building Contractors Ltd Health Check

Pomanda's financial health check has awarded Approach Building Contractors Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

0 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £184.6k, make it smaller than the average company (£624k)

£184.6k - Approach Building Contractors Ltd

£624k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Approach Building Contractors Ltd

- - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a comparable cost of product (19.3%)

19.3% - Approach Building Contractors Ltd

19.3% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (6.3%)

-1.5% - Approach Building Contractors Ltd

6.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Approach Building Contractors Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)

£37.9k - Approach Building Contractors Ltd

£37.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.6k, this is equally as efficient (£209.6k)

£184.6k - Approach Building Contractors Ltd

£209.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is near the average (24 days)

22 days - Approach Building Contractors Ltd

24 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Approach Building Contractors Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Approach Building Contractors Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)

6 weeks - Approach Building Contractors Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 145.4%, this is a higher level of debt than the average (73.2%)

145.4% - Approach Building Contractors Ltd

73.2% - Industry AVG

APPROACH BUILDING CONTRACTORS LTD financials

EXPORTms excel logo

Approach Building Contractors Ltd's latest turnover from March 2020 is estimated at £184.6 thousand and the company has net assets of -£6.3 thousand. According to their latest financial statements, Approach Building Contractors Ltd has 1 employee and maintains cash reserves of £2.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover184,636286,08174,36088,589134,824
Other Income Or Grants
Cost Of Sales149,022225,08358,17669,498106,486
Gross Profit35,61460,99716,18319,09028,338
Admin Expenses38,38349,34922,5375,1525,54715,08427,294
Operating Profit-2,76911,648-6,354-5,152-5,5474,0061,044
Interest Payable
Interest Receivable13252016
Pre-Tax Profit-2,76811,648-6,351-5,150-5,5424,0271,060
Tax-2,213-846-244
Profit After Tax-2,7689,435-6,351-5,150-5,5423,181816
Dividends Paid
Retained Profit-2,7689,435-6,351-5,150-5,5423,181816
Employee Costs37,92883,55139,48738,67437,454
Number Of Employees12111
EBITDA*-2,76911,648-6,354-5,152-5,5474,0061,044

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors11,18823,5456187,7608,000
Group Debtors
Misc Debtors1,137
Cash2,6341,113981,7666,288
misc current assets
total current assets13,82223,5456181,1131,2359,52614,288
total assets13,82223,5456181,1131,2359,52614,288
Bank overdraft
Bank loan
Trade Creditors 27,15613,6645,42913,372
Group/Directors Accounts4,520
other short term finances
hp & lease commitments
other current liabilities20,1013,1882,680
total current liabilities20,10127,15613,6647,7082,6805,42913,372
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities20,10127,15613,6647,7082,6805,42913,372
net assets-6,279-3,611-13,046-6,595-1,4454,097916
total shareholders funds-6,279-3,611-13,046-6,595-1,4454,097916
Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit-2,76911,648-6,354-5,152-5,5474,0061,044
Depreciation
Amortisation
Tax-2,213-846-244
Stock
Debtors-12,35722,927618-1,137-6,623-2408,000
Creditors-27,15613,49213,664-5,429-7,94313,372
Accruals and Deferred Income20,101-3,1885082,680
Deferred Taxes & Provisions
Cash flow from operations2,5333,504-3,507-1,673-4,5436,172
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-4,5204,520
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100-100100
interest13252016
cash flow from financing101-4,6174,522520116
cash and cash equivalents
cash2,634-1,1131,015-1,668-4,5226,288
overdraft
change in cash2,634-1,1131,015-1,668-4,5226,288

approach building contractors 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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Approach Building Contractors Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for approach building contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in NW9 area or any other competitors across 12 key performance metrics.

approach building contractors ltd Ownership

APPROACH BUILDING CONTRACTORS LTD group structure

Approach Building Contractors Ltd has no subsidiary companies.

Ultimate parent company

APPROACH BUILDING CONTRACTORS LTD

08337096

APPROACH BUILDING CONTRACTORS LTD Shareholders

executors of felicity winstone 100%

approach building contractors ltd directors

Approach Building Contractors Ltd currently has 1 director, Mrs Felicity Winstone serving since Dec 2012.

officercountryagestartendrole
Mrs Felicity WinstoneEngland77 years Dec 2012- Director

P&L

March 2020

turnover

184.6k

-35%

operating profit

-2.8k

0%

gross margin

19.3%

-9.54%

turnover

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

Balance Sheet

March 2020

net assets

-6.3k

+0.74%

total assets

13.8k

-0.41%

cash

2.6k

0%

net assets

Total assets minus all liabilities

approach building contractors ltd company details

company number

08337096

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2020

previous names

tokeley building contractors ltd (November 2013)

accountant

DUBOFF & CO

auditor

-

address

kingsbury house 468 church lane, london, NW9 8UA

Bank

-

Legal Advisor

-

approach building contractors 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 approach building contractors ltd.

approach building contractors 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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approach building contractors ltd Companies House Filings - See Documents

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