ac drainage limited
ac drainage limited Company Information
Company Number
09282014
Website
www.sherbornedrainage.co.ukRegistered Address
1 meadow walk cowbit, spalding, pe126fn, PE12 6FN
Industry
Sewerage
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
craig morley 50%
aimi morley 50%
ac drainage limited Estimated Valuation
Pomanda estimates the enterprise value of AC DRAINAGE LIMITED at £2m based on a Turnover of £1.1m and 1.77x industry multiple (adjusted for size and gross margin).
ac drainage limited Estimated Valuation
Pomanda estimates the enterprise value of AC DRAINAGE LIMITED at £381.7k based on an EBITDA of £77.9k and a 4.9x industry multiple (adjusted for size and gross margin).
ac drainage limited Estimated Valuation
Pomanda estimates the enterprise value of AC DRAINAGE LIMITED at £211.5k based on Net Assets of £78.9k and 2.68x industry multiple (adjusted for liquidity).
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Ac Drainage Limited Overview
Ac Drainage Limited is a live company located in pe126fn, PE12 6FN with a Companies House number of 09282014. It operates in the sewerage sector, SIC Code 37000. Founded in October 2014, it's largest shareholder is craig morley with a 50% stake. Ac Drainage Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Ac Drainage Limited Health Check
Pomanda's financial health check has awarded Ac Drainage Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£12.3m)
- Ac Drainage Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (8.1%)
- Ac Drainage Limited
8.1% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (28.6%)
- Ac Drainage Limited
28.6% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (7%)
- Ac Drainage Limited
7% - Industry AVG
Employees
with 4 employees, this is below the industry average (97)
4 - Ac Drainage Limited
97 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Ac Drainage Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £284.6k, this is more efficient (£123.1k)
- Ac Drainage Limited
£123.1k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (56 days)
- Ac Drainage Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (35 days)
- Ac Drainage Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ac Drainage Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ac Drainage Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.3%, this is a higher level of debt than the average (65.5%)
79.3% - Ac Drainage Limited
65.5% - Industry AVG
AC DRAINAGE LIMITED financials
Ac Drainage Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of £78.9 thousand. According to their latest financial statements, Ac Drainage Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 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 | 4 | 4 | 3 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,798 | 33,998 | 45,331 | 60,440 | 80,587 | 38,917 | 51,889 | 19,262 | 22,913 |
| 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 | 25,798 | 33,998 | 45,331 | 60,440 | 80,587 | 38,917 | 51,889 | 19,262 | 22,913 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 354,533 | 183,858 | 198,279 | 172,991 | 115,355 | 99,511 | 100,555 | 134,552 | 31,959 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,690 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 354,533 | 183,858 | 198,279 | 172,991 | 115,355 | 99,511 | 100,555 | 134,552 | 84,649 |
| total assets | 380,331 | 217,856 | 243,610 | 233,431 | 195,942 | 138,428 | 152,444 | 153,814 | 107,562 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 273,933 | 174,957 | 153,157 | 109,361 | 156,680 | 67,310 | 78,782 | 83,535 | 78,644 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 273,933 | 174,957 | 153,157 | 109,361 | 156,680 | 67,310 | 78,782 | 83,535 | 78,644 |
| 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 | 27,546 | 22,464 | 71,854 | 93,887 | 16,360 | 20,360 | 49,671 | 11,298 | 16,505 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 27,546 | 22,464 | 71,854 | 93,887 | 16,360 | 20,360 | 49,671 | 11,298 | 16,505 |
| total liabilities | 301,479 | 197,421 | 225,011 | 203,248 | 173,040 | 87,670 | 128,453 | 94,833 | 95,149 |
| net assets | 78,852 | 20,435 | 18,599 | 30,183 | 22,902 | 50,758 | 23,991 | 58,981 | 12,413 |
| total shareholders funds | 78,852 | 20,435 | 18,599 | 30,183 | 22,902 | 50,758 | 23,991 | 58,981 | 12,413 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 7,604 | ||||||||
| Amortisation | 0 | ||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 170,675 | -14,421 | 25,288 | 57,636 | 15,844 | -1,044 | -33,997 | 102,593 | 31,959 |
| Creditors | 98,976 | 21,800 | 43,796 | -47,319 | 89,370 | -11,472 | -4,753 | 4,891 | 78,644 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 5,082 | -49,390 | -22,033 | 77,527 | -4,000 | -29,311 | 38,373 | -5,207 | 16,505 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -52,690 | 52,690 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -52,690 | 52,690 |
ac drainage limited Credit Report and Business Information
Ac Drainage Limited Competitor Analysis
Perform a competitor analysis for ac drainage limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other small companies, companies in PE12 area or any other competitors across 12 key performance metrics.
ac drainage limited Ownership
AC DRAINAGE LIMITED group structure
Ac Drainage Limited has no subsidiary companies.
Ultimate parent company
AC DRAINAGE LIMITED
09282014
ac drainage limited directors
Ac Drainage Limited currently has 2 directors. The longest serving directors include Mrs Aimi Morley (Oct 2014) and Mr Craig Morley (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Aimi Morley | England | 41 years | Oct 2014 | - | Director |
| Mr Craig Morley | England | 45 years | Oct 2014 | - | Director |
P&L
December 2023turnover
1.1m
+67%
operating profit
77.9k
0%
gross margin
22.6%
-4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
78.9k
+2.86%
total assets
380.3k
+0.75%
cash
0
0%
net assets
Total assets minus all liabilities
ac drainage limited company details
company number
09282014
Type
Private limited with Share Capital
industry
37000 - Sewerage
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1 meadow walk cowbit, spalding, pe126fn, PE12 6FN
Bank
-
Legal Advisor
-
ac drainage 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 ac drainage limited.
ac drainage limited Companies House Filings - See Documents
| date | description | view/download |
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