assurance programme solutions limited
assurance programme solutions limited Company Information
Company Number
09396736
Next Accounts
Aug 2025
Shareholders
david newland
mark blake
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
14a albany road, weymouth, dorset, DT4 9TH
Website
www.apsolutionsuk.comassurance programme solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE PROGRAMME SOLUTIONS LIMITED at £915.7k based on a Turnover of £1.8m and 0.5x industry multiple (adjusted for size and gross margin).
assurance programme solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE PROGRAMME SOLUTIONS LIMITED at £0 based on an EBITDA of £-59.3k and a 4.35x industry multiple (adjusted for size and gross margin).
assurance programme solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ASSURANCE PROGRAMME SOLUTIONS LIMITED at £640.9k based on Net Assets of £245.6k and 2.61x industry multiple (adjusted for liquidity).
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Assurance Programme Solutions Limited Overview
Assurance Programme Solutions Limited is a live company located in dorset, DT4 9TH with a Companies House number of 09396736. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2015, it's largest shareholder is david newland with a 50% stake. Assurance Programme Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with healthy growth in recent years.
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Assurance Programme Solutions Limited Health Check
Pomanda's financial health check has awarded Assurance Programme Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.8m, make it larger than the average company (£419.1k)
- Assurance Programme Solutions Limited
£419.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (7.7%)
- Assurance Programme Solutions Limited
7.7% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
- Assurance Programme Solutions Limited
60.9% - Industry AVG
Profitability
an operating margin of -3.5% make it less profitable than the average company (8%)
- Assurance Programme Solutions Limited
8% - Industry AVG
Employees
with 25 employees, this is above the industry average (5)
25 - Assurance Programme Solutions Limited
5 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Assurance Programme Solutions Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £72.6k, this is less efficient (£120.4k)
- Assurance Programme Solutions Limited
£120.4k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (66 days)
- Assurance Programme Solutions Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (27 days)
- Assurance Programme Solutions Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Assurance Programme Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (26 weeks)
35 weeks - Assurance Programme Solutions Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a higher level of debt than the average (54.6%)
61.3% - Assurance Programme Solutions Limited
54.6% - Industry AVG
ASSURANCE PROGRAMME SOLUTIONS LIMITED financials
Assurance Programme Solutions Limited's latest turnover from November 2023 is estimated at £1.8 million and the company has net assets of £245.6 thousand. According to their latest financial statements, Assurance Programme Solutions Limited has 25 employees and maintains cash reserves of £268.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 25 | 21 | 17 | 12 | 11 | 6 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 78,925 | 80,781 | 84,774 | 89,739 | 89,096 | 31,151 | 11,272 | ||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 78,925 | 80,781 | 84,774 | 89,739 | 89,096 | 31,151 | 11,272 | ||
| Stock & work in progress | |||||||||
| Trade Debtors | 286,756 | 304,749 | 362,007 | 314,560 | 465,081 | 378,997 | 680,425 | 35,961 | |
| Group Debtors | |||||||||
| Misc Debtors | 500 | 500 | 43,873 | 19,849 | 30,000 | ||||
| Cash | 268,273 | 279,626 | 116,222 | 132,686 | 134,338 | 253,503 | 91,341 | 120,675 | |
| misc current assets | |||||||||
| total current assets | 555,529 | 584,875 | 478,229 | 447,246 | 599,419 | 676,373 | 791,615 | 186,636 | |
| total assets | 634,454 | 665,656 | 563,003 | 536,985 | 688,515 | 707,524 | 802,887 | 186,636 | |
| Bank overdraft | 150,524 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 137,080 | 139,293 | 307,650 | 216,405 | 403,025 | 195,054 | 271,949 | ||
| Group/Directors Accounts | 31,145 | 18,601 | 100,760 | 107,620 | 109,960 | ||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 220,671 | 213,158 | 184,799 | 151,248 | 67,661 | ||||
| total current liabilities | 388,896 | 371,052 | 307,650 | 216,405 | 403,025 | 480,613 | 681,341 | 177,621 | |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 388,896 | 371,052 | 307,650 | 216,405 | 403,025 | 480,613 | 681,341 | 177,621 | |
| net assets | 245,558 | 294,604 | 255,353 | 320,580 | 285,490 | 226,911 | 121,546 | 9,015 | |
| total shareholders funds | 245,558 | 294,604 | 255,353 | 320,580 | 285,490 | 226,911 | 121,546 | 9,015 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 4,122 | 5,161 | 5,656 | 5,338 | 4,715 | 3,283 | 627 | ||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -17,993 | -56,758 | 47,447 | -150,521 | 42,211 | -277,404 | 634,313 | 65,961 | |
| Creditors | -2,213 | -168,357 | 91,245 | -186,620 | 207,971 | -76,895 | 271,949 | ||
| Accruals and Deferred Income | 7,513 | 213,158 | -184,799 | 33,551 | 83,587 | 67,661 | |||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 12,544 | 18,601 | -100,760 | -6,860 | -2,340 | 109,960 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -11,353 | 163,404 | -16,464 | -1,652 | -119,165 | 162,162 | -29,334 | 120,675 | |
| overdraft | -150,524 | 150,524 | |||||||
| change in cash | -11,353 | 163,404 | -16,464 | -1,652 | -119,165 | 312,686 | -179,858 | 120,675 |
assurance programme solutions limited Credit Report and Business Information
Assurance Programme Solutions Limited Competitor Analysis
Perform a competitor analysis for assurance programme solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DT4 area or any other competitors across 12 key performance metrics.
assurance programme solutions limited Ownership
ASSURANCE PROGRAMME SOLUTIONS LIMITED group structure
Assurance Programme Solutions Limited has no subsidiary companies.
Ultimate parent company
ASSURANCE PROGRAMME SOLUTIONS LIMITED
09396736
assurance programme solutions limited directors
Assurance Programme Solutions Limited currently has 2 directors. The longest serving directors include Mr David Newland (Apr 2015) and Mr Mark Blake (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Newland | United Kingdom | 44 years | Apr 2015 | - | Director |
| Mr Mark Blake | United Kingdom | 57 years | May 2015 | - | Director |
P&L
November 2023turnover
1.8m
+13%
operating profit
-63.4k
0%
gross margin
60.9%
+2.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
245.6k
-0.17%
total assets
634.5k
-0.05%
cash
268.3k
-0.04%
net assets
Total assets minus all liabilities
assurance programme solutions limited company details
company number
09396736
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
ADVOCO (SW) LTD
auditor
-
address
14a albany road, weymouth, dorset, DT4 9TH
Bank
-
Legal Advisor
-
assurance programme solutions 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 assurance programme solutions limited.
assurance programme solutions 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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assurance programme solutions limited Companies House Filings - See Documents
| date | description | view/download |
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