ainscough industrial services limited
ainscough industrial services limited Company Information
Company Number
08447836
Next Accounts
Feb 2025
Shareholders
matthew martin ainscough
deborah ainscough
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
vanguard house bradley lane, standish, wigan, lancashire, WN6 0XF
ainscough industrial services limited Estimated Valuation
Pomanda estimates the enterprise value of AINSCOUGH INDUSTRIAL SERVICES LIMITED at £19m based on a Turnover of £25.5m and 0.74x industry multiple (adjusted for size and gross margin).
ainscough industrial services limited Estimated Valuation
Pomanda estimates the enterprise value of AINSCOUGH INDUSTRIAL SERVICES LIMITED at £12.4m based on an EBITDA of £2.2m and a 5.72x industry multiple (adjusted for size and gross margin).
ainscough industrial services limited Estimated Valuation
Pomanda estimates the enterprise value of AINSCOUGH INDUSTRIAL SERVICES LIMITED at £9.6m based on Net Assets of £4.5m and 2.14x industry multiple (adjusted for liquidity).
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Ainscough Industrial Services Limited Overview
Ainscough Industrial Services Limited is a live company located in wigan, WN6 0XF with a Companies House number of 08447836. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2013, it's largest shareholder is matthew martin ainscough with a 81% stake. Ainscough Industrial Services Limited is a established, large sized company, Pomanda has estimated its turnover at £25.5m with high growth in recent years.
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Ainscough Industrial Services Limited Health Check
Pomanda's financial health check has awarded Ainscough Industrial Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £25.5m, make it larger than the average company (£19.5m)
£25.5m - Ainscough Industrial Services Limited
£19.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.1%)
15% - Ainscough Industrial Services Limited
5.1% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (33.4%)
27.1% - Ainscough Industrial Services Limited
33.4% - Industry AVG
Profitability
an operating margin of 4% make it less profitable than the average company (5.9%)
4% - Ainscough Industrial Services Limited
5.9% - Industry AVG
Employees
with 187 employees, this is above the industry average (109)
187 - Ainscough Industrial Services Limited
109 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has an equivalent pay structure (£47.4k)
£54.4k - Ainscough Industrial Services Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £136.5k, this is less efficient (£196k)
£136.5k - Ainscough Industrial Services Limited
£196k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (46 days)
90 days - Ainscough Industrial Services Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (44 days)
20 days - Ainscough Industrial Services Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ainscough Industrial Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Ainscough Industrial Services Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.1%, this is a higher level of debt than the average (56.3%)
80.1% - Ainscough Industrial Services Limited
56.3% - Industry AVG
AINSCOUGH INDUSTRIAL SERVICES LIMITED financials
Ainscough Industrial Services Limited's latest turnover from May 2023 is £25.5 million and the company has net assets of £4.5 million. According to their latest financial statements, Ainscough Industrial Services Limited has 187 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,521,178 | 28,362,209 | 27,219,844 | 16,616,061 | 22,190,117 | 24,770,297 | 33,654,121 | 29,869,754 | 42,030,733 | 19,879,927 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 18,617,884 | 21,392,843 | 20,366,720 | 12,160,459 | 15,281,502 | 17,928,785 | 25,392,650 | 21,705,342 | 32,615,878 | 15,579,224 |
| Gross Profit | 6,903,294 | 6,969,366 | 6,853,124 | 4,455,602 | 6,908,615 | 6,841,512 | 8,261,471 | 8,164,412 | 9,414,855 | 4,300,703 |
| Admin Expenses | 5,883,052 | 5,616,428 | 4,555,617 | 5,031,132 | 6,238,408 | 7,492,969 | 7,696,267 | 8,909,747 | 7,909,378 | 4,096,812 |
| Operating Profit | 1,020,242 | 1,352,938 | 2,297,507 | -575,530 | 670,207 | -651,457 | 565,204 | -745,335 | 1,505,477 | 203,891 |
| Interest Payable | 450,641 | 122,896 | 93,208 | 55,907 | 70,399 | 70,911 | 129,691 | 166,088 | 92,419 | 72,566 |
| Interest Receivable | 8,477 | 11,639 | 5,779 | 3,504 | 7,787 | 380 | 0 | 29 | 359 | 23,033 |
| Pre-Tax Profit | 578,078 | 1,241,681 | 2,210,078 | -627,933 | 607,595 | -721,988 | 435,513 | -911,394 | 1,413,417 | 154,358 |
| Tax | 64,236 | -231,287 | -598,115 | -34,415 | -184,232 | 40,497 | -137,182 | 225,296 | -517,397 | 39,358 |
| Profit After Tax | 642,314 | 1,010,394 | 1,611,963 | -662,348 | 423,363 | -681,491 | 298,331 | -686,098 | 896,020 | 193,716 |
| Dividends Paid | 330,807 | 657,940 | 243,413 | 287,561 | 252,669 | 50,000 | 0 | 1,258,000 | 246,000 | 171,610 |
| Retained Profit | 226,954 | 188,106 | 1,245,484 | -905,960 | 170,694 | -715,905 | 241,929 | -1,924,426 | 655,343 | 421,845 |
| Employee Costs | 10,179,786 | 9,827,472 | 8,690,568 | 7,082,637 | 7,677,283 | 9,261,660 | 10,723,745 | 11,379,360 | 10,421,819 | 7,880,763 |
| Number Of Employees | 187 | 184 | 178 | 132 | 151 | 208 | 229 | 251 | 241 | 207 |
| EBITDA* | 2,176,916 | 2,177,589 | 2,978,513 | 203,856 | 1,366,360 | 141,584 | 1,425,768 | 168,302 | 2,441,782 | 318,905 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,438,893 | 5,050,057 | 4,346,721 | 4,119,079 | 4,401,229 | 4,142,830 | 4,513,960 | 4,714,801 | 2,683,968 | 2,780,582 |
| Intangible Assets | 38,429 | 318,805 | 599,181 | 879,557 | 1,257,128 | 1,541,943 | 1,841,758 | 2,401,573 | 2,728,054 | 2,698,618 |
| Investments & Other | 0 | 0 | 0 | 43,949 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,477,322 | 5,368,862 | 4,945,902 | 5,042,585 | 5,658,357 | 5,684,773 | 6,355,718 | 7,116,374 | 5,412,022 | 5,479,200 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 124,460 | 160,482 | 295,983 | 456,194 | 144,194 |
| Trade Debtors | 6,309,248 | 8,019,162 | 7,509,675 | 2,444,028 | 3,507,412 | 5,470,646 | 6,946,412 | 6,356,093 | 8,396,223 | 6,651,424 |
| Group Debtors | 656,963 | 471,388 | 235,272 | 98,264 | 6,991 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,854,562 | 739,187 | 841,511 | 889,028 | 830,102 | 886,913 | 862,703 | 668,601 | 1,243,704 | 1,333,266 |
| Cash | 3,624 | 3,732 | 3,736 | 3,809 | 4,051 | 4,983 | 3,788 | 7,043 | 196,378 | 5,687 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,824,397 | 9,233,469 | 8,590,194 | 3,435,129 | 4,348,556 | 6,487,002 | 7,973,385 | 7,327,720 | 10,292,499 | 8,134,571 |
| total assets | 23,301,719 | 14,602,331 | 13,536,096 | 8,477,714 | 10,006,913 | 12,171,775 | 14,329,103 | 14,444,094 | 15,704,521 | 13,613,771 |
| Bank overdraft | 262,472 | 240,719 | 187,752 | 27,558 | 29,560 | 1,279,024 | 885,807 | 835,872 | 0 | 762,069 |
| Bank loan | 0 | 0 | 0 | 148,948 | 241,151 | 0 | 0 | 0 | 213,627 | 0 |
| Trade Creditors | 1,041,194 | 1,273,699 | 1,623,476 | 805,514 | 1,481,033 | 2,051,260 | 2,267,654 | 2,139,739 | 2,903,617 | 2,045,981 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 21,358 | 197,171 | 0 | 0 |
| other short term finances | 2,914,742 | 2,550,217 | 1,987,773 | 1,409,614 | 1,294,421 | 1,437,670 | 2,152,541 | 2,259,279 | 1,307,556 | 866,000 |
| hp & lease commitments | 1,467,443 | 500,120 | 234,046 | 137,935 | 221,798 | 104,539 | 193,373 | 226,457 | 248,663 | 254,949 |
| other current liabilities | 3,256,304 | 3,839,951 | 3,986,160 | 2,115,735 | 1,836,633 | 2,585,056 | 3,151,136 | 2,342,329 | 3,777,870 | 3,514,211 |
| total current liabilities | 8,942,155 | 8,404,706 | 8,019,207 | 4,645,304 | 5,104,596 | 7,457,549 | 8,671,869 | 8,000,847 | 8,451,333 | 7,443,210 |
| loans | 661,868 | 752,057 | 820,996 | 969,792 | 1,101,117 | 1,665,131 | 1,802,647 | 2,845,665 | 1,627,950 | 1,051,611 |
| hp & lease commitments | 7,943,420 | 723,306 | 412,700 | 211,609 | 278,646 | 171,146 | 191,678 | 253,553 | 278,256 | 455,405 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,116,990 | 771,551 | 626,046 | 333,359 | 298,944 | 152,858 | 206,327 | 185,778 | 244,633 | 106,076 |
| total long term liabilities | 9,722,278 | 2,246,914 | 1,859,742 | 1,514,760 | 1,678,707 | 1,989,135 | 2,200,652 | 3,284,996 | 2,150,839 | 1,613,092 |
| total liabilities | 18,664,433 | 10,651,620 | 9,878,949 | 6,160,064 | 6,783,303 | 9,446,684 | 10,872,521 | 11,285,843 | 10,602,172 | 9,056,302 |
| net assets | 4,461,826 | 3,766,136 | 3,578,030 | 2,317,650 | 3,223,610 | 2,573,646 | 3,289,551 | 3,047,622 | 4,972,048 | 4,421,845 |
| total shareholders funds | 4,461,826 | 3,766,136 | 3,578,030 | 2,317,650 | 3,223,610 | 2,573,646 | 3,289,551 | 3,047,622 | 4,972,048 | 4,421,845 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,020,242 | 1,352,938 | 2,297,507 | -575,530 | 670,207 | -651,457 | 565,204 | -745,335 | 1,505,477 | 203,891 |
| Depreciation | 876,298 | 544,275 | 400,630 | 401,815 | 396,338 | 493,226 | 567,417 | 587,156 | 609,824 | 9,874 |
| Amortisation | 280,376 | 280,376 | 280,376 | 377,571 | 299,815 | 299,815 | 293,147 | 326,481 | 326,481 | 105,140 |
| Tax | 64,236 | -231,287 | -598,115 | -34,415 | -184,232 | 40,497 | -137,182 | 225,296 | -517,397 | 39,358 |
| Stock | 0 | 0 | 0 | 0 | -124,460 | -36,022 | -135,501 | -160,211 | 312,000 | 144,194 |
| Debtors | -408,964 | 643,279 | 5,155,138 | -913,185 | -2,013,054 | -1,451,556 | 784,421 | -2,615,233 | 1,655,237 | 7,984,690 |
| Creditors | -232,505 | -349,777 | 817,962 | -675,519 | -570,227 | -216,394 | 127,915 | -763,878 | 857,636 | 2,045,981 |
| Accruals and Deferred Income | -583,647 | -146,209 | 1,870,425 | 279,102 | -748,423 | -566,080 | 808,807 | -1,435,541 | 263,659 | 3,514,211 |
| Deferred Taxes & Provisions | 345,439 | 145,505 | 292,687 | 34,415 | 146,086 | -53,469 | 20,549 | -58,855 | 138,557 | 106,076 |
| Cash flow from operations | 2,179,403 | 952,542 | 206,334 | 720,624 | 2,147,078 | 833,716 | 1,596,937 | 910,768 | 1,217,000 | -2,104,353 |
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -108,970 | -226,503 | -2,534,444 | -1,930,696 | -137,371 |
| Change in Investments | 0 | 0 | -43,949 | 43,949 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 43,949 | -43,949 | 0 | -108,970 | -226,503 | -2,534,444 | -1,930,696 | -137,371 |
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | -148,948 | -92,203 | 241,151 | 0 | 0 | -213,627 | 213,627 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -21,358 | -175,813 | 197,171 | 0 | 0 |
| Other Short Term Loans | 364,525 | 562,444 | 578,159 | 115,193 | -143,249 | -714,871 | -106,738 | 951,723 | 441,556 | 866,000 |
| Long term loans | -90,189 | -68,939 | -148,796 | -131,325 | -564,014 | -137,516 | -1,043,018 | 1,217,715 | 576,339 | 1,051,611 |
| Hire Purchase and Lease Commitments | 8,187,437 | 576,680 | 297,202 | -150,900 | 224,759 | -109,366 | -94,959 | -46,909 | -183,435 | 710,354 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -442,164 | -111,257 | -87,429 | -52,403 | -62,612 | -70,531 | -129,691 | -166,059 | -92,060 | -49,533 |
| cash flow from financing | 8,488,345 | 958,928 | 505,084 | -311,638 | 175,305 | -1,053,642 | -1,550,219 | 1,940,014 | 850,887 | 6,578,432 |
| cash and cash equivalents | ||||||||||
| cash | -108 | -4 | -73 | -242 | -932 | 1,195 | -3,255 | -189,335 | 190,691 | 5,687 |
| overdraft | 21,753 | 52,967 | 160,194 | -2,002 | -1,249,464 | 393,217 | 49,935 | 835,872 | -762,069 | 762,069 |
| change in cash | -21,861 | -52,971 | -160,267 | 1,760 | 1,248,532 | -392,022 | -53,190 | -1,025,207 | 952,760 | -756,382 |
ainscough industrial services limited Credit Report and Business Information
Ainscough Industrial Services Limited Competitor Analysis
Perform a competitor analysis for ainscough industrial services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WN6 area or any other competitors across 12 key performance metrics.
ainscough industrial services limited Ownership
AINSCOUGH INDUSTRIAL SERVICES LIMITED group structure
Ainscough Industrial Services Limited has 8 subsidiary companies.
Ultimate parent company
AINSCOUGH INDUSTRIAL SERVICES LIMITED
08447836
8 subsidiaries
ainscough industrial services limited directors
Ainscough Industrial Services Limited currently has 4 directors. The longest serving directors include Mr Matthew Ainscough (Mar 2013) and Mr David Cheers (May 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Ainscough | England | 46 years | Mar 2013 | - | Director |
| Mr David Cheers | 58 years | May 2013 | - | Director | |
| Mr Stephen Edge | England | 51 years | Sep 2014 | - | Director |
| Mr Robert McLemon | 61 years | Jul 2015 | - | Director |
P&L
May 2023turnover
25.5m
-10%
operating profit
1m
-25%
gross margin
27.1%
+10.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.5m
+0.18%
total assets
23.3m
+0.6%
cash
3.6k
-0.03%
net assets
Total assets minus all liabilities
ainscough industrial services limited company details
company number
08447836
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2023
previous names
ainscough industrial group limited (August 2015)
accountant
-
auditor
FAIRHURST
address
vanguard house bradley lane, standish, wigan, lancashire, WN6 0XF
Bank
HSBC BANK PLC
Legal Advisor
CLARKE WILLMOTT
ainscough industrial services 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 ainscough industrial services limited.
ainscough industrial services limited Capital Raised & Share Issues BETA
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ainscough industrial services limited Companies House Filings - See Documents
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