abley letchford partnership limited

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abley letchford partnership limited Company Information

Share ABLEY LETCHFORD PARTNERSHIP LIMITED

Company Number

08903427

Shareholders

abley letchford group ltd

Group Structure

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Industry

Engineering related scientific and technical consulting activities

 

Registered Address

3 tealgate, charnham park, hungerford, berkshire, RG17 0YT

abley letchford partnership limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of ABLEY LETCHFORD PARTNERSHIP LIMITED at £1m based on a Turnover of £2.4m and 0.43x industry multiple (adjusted for size and gross margin).

abley letchford partnership limited Estimated Valuation

£712.4k

Pomanda estimates the enterprise value of ABLEY LETCHFORD PARTNERSHIP LIMITED at £712.4k based on an EBITDA of £199.3k and a 3.57x industry multiple (adjusted for size and gross margin).

abley letchford partnership limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ABLEY LETCHFORD PARTNERSHIP LIMITED at £1.7m based on Net Assets of £768k and 2.22x industry multiple (adjusted for liquidity).

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Abley Letchford Partnership Limited Overview

Abley Letchford Partnership Limited is a live company located in hungerford, RG17 0YT with a Companies House number of 08903427. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in February 2014, it's largest shareholder is abley letchford group ltd with a 100% stake. Abley Letchford Partnership Limited is a established, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.

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Abley Letchford Partnership Limited Health Check

Pomanda's financial health check has awarded Abley Letchford Partnership Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £2.4m, make it larger than the average company (£2m)

£2.4m - Abley Letchford Partnership Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (7.2%)

15% - Abley Letchford Partnership Limited

7.2% - Industry AVG

production

Production

with a gross margin of 32.9%, this company has a comparable cost of product (32.9%)

32.9% - Abley Letchford Partnership Limited

32.9% - Industry AVG

profitability

Profitability

an operating margin of 7.4% make it more profitable than the average company (6.2%)

7.4% - Abley Letchford Partnership Limited

6.2% - Industry AVG

employees

Employees

with 26 employees, this is above the industry average (18)

26 - Abley Letchford Partnership Limited

18 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Abley Letchford Partnership Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.6k, this is equally as efficient (£101.3k)

£90.6k - Abley Letchford Partnership Limited

£101.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 96 days, this is later than average (74 days)

96 days - Abley Letchford Partnership Limited

74 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (21 days)

10 days - Abley Letchford Partnership Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Abley Letchford Partnership Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (13 weeks)

48 weeks - Abley Letchford Partnership Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.4%, this is a lower level of debt than the average (54.7%)

36.4% - Abley Letchford Partnership Limited

54.7% - Industry AVG

ABLEY LETCHFORD PARTNERSHIP LIMITED financials

EXPORTms excel logo

Abley Letchford Partnership Limited's latest turnover from December 2023 is estimated at £2.4 million and the company has net assets of £768 thousand. According to their latest financial statements, Abley Letchford Partnership Limited has 26 employees and maintains cash reserves of £396.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015
Turnover2,355,1161,955,8011,215,8661,544,5341,097,0231,131,3951,231,036840,919802,324342,415
Other Income Or Grants
Cost Of Sales1,580,0731,319,711797,1711,012,659703,817736,054757,335507,373498,840198,425
Gross Profit775,042636,091418,696531,876393,207395,342473,701333,546303,484143,989
Admin Expenses601,084547,453296,003284,714399,719574,971385,505132,08768,43855,700
Operating Profit173,95888,638122,693247,162-6,512-179,62988,196201,459235,04688,289
Interest Payable4631,9031,391
Interest Receivable20,23117,3331,1592191,1822,0051,619446139152
Pre-Tax Profit194,189105,970123,852246,917-7,233-179,01589,815201,905235,18588,441
Tax-48,547-20,134-23,532-46,914-17,065-40,381-47,037-18,573
Profit After Tax145,64285,836100,320200,003-7,233-179,01572,750161,524188,14869,868
Dividends Paid
Retained Profit145,64285,836100,320200,003-7,233-179,01572,750161,524188,14869,868
Employee Costs1,377,8701,104,204975,350800,323888,048728,966649,897447,771350,458194,905
Number Of Employees26211816181413974
EBITDA*199,306105,148149,321279,28126,187-147,885101,597205,455237,86389,586

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015
Tangible Assets72,22351,01120,39034,59962,300120,03080,0948,6167,2004,978
Intangible Assets2024727421,085289505722
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets72,22351,01120,39034,80162,772120,77281,1798,9057,7055,700
Stock & work in progress
Trade Debtors624,196473,436274,755344,028194,255241,854288,693232,365247,14257,195
Group Debtors
Misc Debtors114,937100,80979,42761,33277,06637,86136,57313,2736,565
Cash396,531374,192616,249310,653126,645188,609346,070301,44455,67260,735
misc current assets
total current assets1,135,664948,437970,431716,013397,966468,324671,336547,082309,379117,930
total assets1,207,887999,448990,821750,814460,738589,096752,515555,987317,084123,630
Bank overdraft
Bank loan
Trade Creditors 44,125106,85037,400103,94139,13682,073104,34412,5366,86152,620
Group/Directors Accounts41,47921,6822,700
other short term finances15,19141,207
hp & lease commitments7,891
other current liabilities377,821261,071412,386203,913158,638153,165171,054170,314117,832
total current liabilities421,946367,921449,786307,854212,965284,336316,877204,532127,39352,620
loans
hp & lease commitments36,070
Accruals and Deferred Income
other liabilities
provisions17,9649,1924,5366,78111,59725,28113,2141,7811,5411,140
total long term liabilities17,9649,1924,5366,78111,59761,35113,2141,7811,5411,140
total liabilities439,910377,113454,322314,635224,562345,687330,091206,313128,93453,760
net assets767,977622,335536,499436,179236,176243,409422,424349,674188,15069,870
total shareholders funds767,977622,335536,499436,179236,176243,409422,424349,674188,15069,870
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Feb 2015
Operating Activities
Operating Profit173,95888,638122,693247,162-6,512-179,62988,196201,459235,04688,289
Depreciation25,34816,51026,42631,84932,42931,40113,1173,7802,6001,153
Amortisation202270270343284216217144
Tax-48,547-20,134-23,532-46,914-17,065-40,381-47,037-18,573
Stock
Debtors164,888220,063-51,178134,039-8,394-45,55179,628-8,069253,70757,195
Creditors-62,72569,450-66,54164,805-42,937-22,27191,8085,6756,86152,620
Accruals and Deferred Income116,750-151,315208,47345,2755,473-17,88974052,482117,832
Deferred Taxes & Provisions8,7724,656-2,245-4,816-13,68412,06711,4332401,5411,140
Cash flow from operations48,668-212,258316,654203,592-16,567-130,427108,885231,54063,35367,578
Investing Activities
capital expenditure-46,560-47,131-12,217-4,14825,301-71,337-85,675-5,196-10,522-6,997
Change in Investments
cash flow from investments-46,560-47,131-12,217-4,14825,301-71,337-85,675-5,196-10,522-6,997
Financing Activities
Bank loans
Group/Directors Accounts-41,47919,79718,9822,700
Other Short Term Loans -15,191-26,01641,207
Long term loans
Hire Purchase and Lease Commitments-43,96143,961
other long term liabilities
share issue22
interest20,23117,3331,159-244-7216141,619446139152
cash flow from financing20,23117,3331,159-15,435-70,69844,30321,41619,4282,841154
cash and cash equivalents
cash22,339-242,057305,596184,008-61,964-157,46144,626245,77255,67260,735
overdraft
change in cash22,339-242,057305,596184,008-61,964-157,46144,626245,77255,67260,735

abley letchford partnership 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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Abley Letchford Partnership Limited Competitor Analysis

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Perform a competitor analysis for abley letchford partnership limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in RG17 area or any other competitors across 12 key performance metrics.

abley letchford partnership limited Ownership

ABLEY LETCHFORD PARTNERSHIP LIMITED group structure

Abley Letchford Partnership Limited has no subsidiary companies.

Ultimate parent company

ABLEY LETCHFORD PARTNERSHIP LIMITED

08903427

ABLEY LETCHFORD PARTNERSHIP LIMITED Shareholders

abley letchford group ltd 100%

abley letchford partnership limited directors

Abley Letchford Partnership Limited currently has 2 directors. The longest serving directors include Mr Leigh Abley (Feb 2014) and Mr Shaun Letchford (Feb 2014).

officercountryagestartendrole
Mr Leigh AbleyEngland52 years Feb 2014- Director
Mr Shaun Letchford56 years Feb 2014- Director

P&L

December 2023

turnover

2.4m

+20%

operating profit

174k

0%

gross margin

33%

+1.19%

turnover

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

Balance Sheet

December 2023

net assets

768k

+0.23%

total assets

1.2m

+0.21%

cash

396.5k

+0.06%

net assets

Total assets minus all liabilities

abley letchford partnership limited company details

company number

08903427

Type

Private limited with Share Capital

industry

71122 - Engineering related scientific and technical consulting activities

incorporation date

February 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

3 tealgate, charnham park, hungerford, berkshire, RG17 0YT

Bank

-

Legal Advisor

-

abley letchford partnership 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 abley letchford partnership limited.

abley letchford partnership 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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abley letchford partnership limited Companies House Filings - See Documents

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