apr contracts ltd
apr contracts ltd Company Information
Company Number
09032818
Next Accounts
83 days late
Industry
Floor and wall covering
Shareholders
aaron snow
jason richard snow
Group Structure
View All
Contact
Registered Address
10 western road, romford, RM1 3JT
Website
aprcontracts.comapr contracts ltd Estimated Valuation
Pomanda estimates the enterprise value of APR CONTRACTS LTD at £522k based on a Turnover of £1.8m and 0.29x industry multiple (adjusted for size and gross margin).
apr contracts ltd Estimated Valuation
Pomanda estimates the enterprise value of APR CONTRACTS LTD at £291k based on an EBITDA of £98.3k and a 2.96x industry multiple (adjusted for size and gross margin).
apr contracts ltd Estimated Valuation
Pomanda estimates the enterprise value of APR CONTRACTS LTD at £285.7k based on Net Assets of £153.4k and 1.86x industry multiple (adjusted for liquidity).
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Apr Contracts Ltd Overview
Apr Contracts Ltd is a live company located in romford, RM1 3JT with a Companies House number of 09032818. It operates in the floor and wall covering sector, SIC Code 43330. Founded in May 2014, it's largest shareholder is aaron snow with a 50% stake. Apr Contracts Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Apr Contracts Ltd Health Check
Pomanda's financial health check has awarded Apr Contracts Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.8m, make it larger than the average company (£242.5k)
- Apr Contracts Ltd
£242.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2%)
- Apr Contracts Ltd
2% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (30.7%)
- Apr Contracts Ltd
30.7% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (8.5%)
- Apr Contracts Ltd
8.5% - Industry AVG
Employees
with 11 employees, this is above the industry average (3)
11 - Apr Contracts Ltd
3 - Industry AVG
Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- Apr Contracts Ltd
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £161.3k, this is more efficient (£125k)
- Apr Contracts Ltd
£125k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (57 days)
- Apr Contracts Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (32 days)
- Apr Contracts Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 64 days, this is more than average (16 days)
- Apr Contracts Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (30 weeks)
0 weeks - Apr Contracts Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.4%, this is a higher level of debt than the average (58.9%)
88.4% - Apr Contracts Ltd
58.9% - Industry AVG
APR CONTRACTS LTD financials
Apr Contracts Ltd's latest turnover from November 2022 is estimated at £1.8 million and the company has net assets of £153.4 thousand. According to their latest financial statements, Apr Contracts Ltd has 11 employees and maintains cash reserves of £5.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 11 | 9 | 9 | 10 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 146,902 | 155,863 | 166,044 | 160,205 | 157,005 | 126,525 | 1,787 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 146,902 | 155,863 | 166,044 | 160,205 | 157,005 | 126,525 | 1,787 | 0 |
| Stock & work in progress | 246,000 | 249,448 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 757,362 | 705,710 | 493,844 | 508,864 | 147,280 | 90,522 | 39,202 | 19,606 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 164,301 | 147,884 | 191,075 | 39,167 | 0 | 0 | 0 | 0 |
| Cash | 5,820 | 3,056 | 200 | 3,218 | 3,137 | 17 | 4,331 | 7,568 |
| misc current assets | 0 | 123,000 | 123,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,173,483 | 1,229,098 | 808,119 | 551,249 | 150,417 | 100,091 | 43,533 | 27,174 |
| total assets | 1,320,385 | 1,384,961 | 974,163 | 711,454 | 307,422 | 226,616 | 45,320 | 27,174 |
| Bank overdraft | 54,978 | 58,074 | 96,161 | 20,977 | 13,512 | 21,248 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 396,655 | 436,157 | 284,844 | 152,855 | 33,056 | 25,390 | 27,427 | 19,376 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 5,114 | 5,114 | 6,271 | 2,834 | 2,834 | 0 | 0 | 0 |
| other current liabilities | 531,720 | 553,489 | 250,221 | 126,914 | 95,893 | 0 | 0 | 0 |
| total current liabilities | 988,467 | 1,052,834 | 637,497 | 303,580 | 145,295 | 93,162 | 27,427 | 19,376 |
| loans | 169,870 | 217,614 | 275,969 | 269,577 | 79,323 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 3,510 | 6,463 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,206 | 6,305 | 10,130 | 0 | 0 | 115,550 | 0 | 0 |
| provisions | 5,470 | 6,714 | 8,157 | 9,101 | 8,242 | 0 | 357 | 0 |
| total long term liabilities | 178,546 | 230,633 | 294,256 | 282,188 | 94,028 | 117,749 | 357 | 0 |
| total liabilities | 1,167,013 | 1,283,467 | 931,753 | 585,768 | 239,323 | 210,911 | 27,784 | 19,376 |
| net assets | 153,372 | 101,494 | 42,410 | 125,686 | 68,099 | 15,705 | 17,536 | 7,798 |
| total shareholders funds | 153,372 | 101,494 | 42,410 | 125,686 | 68,099 | 15,705 | 17,536 | 7,798 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 11,903 | 13,879 | 15,094 | 13,301 | 12,171 | 447 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||
| Stock | -3,448 | 249,448 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 68,069 | 168,675 | 136,888 | 400,751 | 47,189 | 60,889 | 19,596 | 19,606 |
| Creditors | -39,502 | 151,313 | 131,989 | 119,799 | 7,666 | -2,037 | 8,051 | 19,376 |
| Accruals and Deferred Income | -21,769 | 303,268 | 123,307 | 31,021 | 95,893 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,244 | -1,443 | -944 | 859 | 8,242 | -357 | 357 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -47,744 | -58,355 | 6,392 | 190,254 | 79,323 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -1,157 | -73 | -2,953 | 9,297 | 0 | 0 | 0 |
| other long term liabilities | -3,099 | -3,825 | 10,130 | 0 | -115,550 | 115,550 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 2,764 | 2,856 | -3,018 | 81 | 3,120 | -4,314 | -3,237 | 7,568 |
| overdraft | -3,096 | -38,087 | 75,184 | 7,465 | -7,736 | 21,248 | 0 | 0 |
| change in cash | 5,860 | 40,943 | -78,202 | -7,384 | 10,856 | -25,562 | -3,237 | 7,568 |
apr contracts ltd Credit Report and Business Information
Apr Contracts Ltd Competitor Analysis
Perform a competitor analysis for apr contracts ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RM1 area or any other competitors across 12 key performance metrics.
apr contracts ltd Ownership
APR CONTRACTS LTD group structure
Apr Contracts Ltd has no subsidiary companies.
Ultimate parent company
APR CONTRACTS LTD
09032818
apr contracts ltd directors
Apr Contracts Ltd currently has 2 directors. The longest serving directors include Mr Jason Snow (May 2014) and Mr Aaron Snow (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Snow | 38 years | May 2014 | - | Director | |
| Mr Aaron Snow | England | 43 years | Apr 2019 | - | Director |
P&L
November 2022turnover
1.8m
+2%
operating profit
86.4k
0%
gross margin
21.3%
+0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
153.4k
+0.51%
total assets
1.3m
-0.05%
cash
5.8k
+0.9%
net assets
Total assets minus all liabilities
apr contracts ltd company details
company number
09032818
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2022
previous names
snow flooring ltd (January 2017)
perimeter cut flooring ltd (June 2015)
accountant
-
auditor
-
address
10 western road, romford, RM1 3JT
Bank
-
Legal Advisor
-
apr contracts 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 found 3 charges/mortgages relating to apr contracts ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
apr contracts ltd Companies House Filings - See Documents
| date | description | view/download |
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