absolute risk solutions (uk) limited
absolute risk solutions (uk) limited Company Information
Company Number
09414655
Next Accounts
Oct 2025
Directors
Shareholders
michael cumbers
lucinda cumbers
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
alpha 6 west road, ransomes europark, ipswich, IP3 9SX
absolute risk solutions (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE RISK SOLUTIONS (UK) LIMITED at £116.9k based on a Turnover of £294.4k and 0.4x industry multiple (adjusted for size and gross margin).
absolute risk solutions (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE RISK SOLUTIONS (UK) LIMITED at £0 based on an EBITDA of £-19.4k and a 2.9x industry multiple (adjusted for size and gross margin).
absolute risk solutions (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE RISK SOLUTIONS (UK) LIMITED at £151.2k based on Net Assets of £70.9k and 2.13x industry multiple (adjusted for liquidity).
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Absolute Risk Solutions (uk) Limited Overview
Absolute Risk Solutions (uk) Limited is a live company located in ipswich, IP3 9SX with a Companies House number of 09414655. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2015, it's largest shareholder is michael cumbers with a 65% stake. Absolute Risk Solutions (uk) Limited is a established, micro sized company, Pomanda has estimated its turnover at £294.4k with healthy growth in recent years.
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Absolute Risk Solutions (uk) Limited Health Check
Pomanda's financial health check has awarded Absolute Risk Solutions (Uk) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £294.4k, make it smaller than the average company (£4m)
- Absolute Risk Solutions (uk) Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.9%)
- Absolute Risk Solutions (uk) Limited
7.9% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (38.4%)
- Absolute Risk Solutions (uk) Limited
38.4% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (5.6%)
- Absolute Risk Solutions (uk) Limited
5.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (24)
2 - Absolute Risk Solutions (uk) Limited
24 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Absolute Risk Solutions (uk) Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £147.2k, this is equally as efficient (£153.8k)
- Absolute Risk Solutions (uk) Limited
£153.8k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (39 days)
- Absolute Risk Solutions (uk) Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (33 days)
- Absolute Risk Solutions (uk) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Absolute Risk Solutions (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Absolute Risk Solutions (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.9%, this is a lower level of debt than the average (60.4%)
39.9% - Absolute Risk Solutions (uk) Limited
60.4% - Industry AVG
ABSOLUTE RISK SOLUTIONS (UK) LIMITED financials
Absolute Risk Solutions (Uk) Limited's latest turnover from January 2024 is estimated at £294.4 thousand and the company has net assets of £70.9 thousand. According to their latest financial statements, Absolute Risk Solutions (Uk) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 2 | 2 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,063 | 9,981 | 12,709 | 2,565 | 2,007 | 2,280 | 2,387 | 779 | 1,090 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 8,063 | 9,981 | 12,709 | 2,565 | 2,007 | 2,280 | 2,387 | 779 | 1,090 |
| Stock & work in progress | |||||||||
| Trade Debtors | 109,756 | 169,353 | 107,194 | 94,958 | 75,068 | 85,036 | 67,576 | 61,810 | 39,304 |
| Group Debtors | |||||||||
| Misc Debtors | 57 | ||||||||
| Cash | |||||||||
| misc current assets | |||||||||
| total current assets | 109,756 | 169,353 | 107,194 | 94,958 | 75,125 | 85,036 | 67,576 | 61,810 | 39,304 |
| total assets | 117,819 | 179,334 | 119,903 | 97,523 | 77,132 | 87,316 | 69,963 | 62,589 | 40,394 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 46,955 | 89,113 | 58,621 | 52,837 | 55,137 | 48,920 | 60,511 | 56,214 | 39,975 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 46,955 | 89,113 | 58,621 | 52,837 | 55,137 | 48,920 | 60,511 | 56,214 | 39,975 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 20,000 | ||||||||
| provisions | 218 | ||||||||
| total long term liabilities | 20,000 | 218 | |||||||
| total liabilities | 46,955 | 89,113 | 58,621 | 52,837 | 55,137 | 68,920 | 60,511 | 56,214 | 40,193 |
| net assets | 70,864 | 90,221 | 61,282 | 44,686 | 21,995 | 18,396 | 9,452 | 6,375 | 201 |
| total shareholders funds | 70,864 | 90,221 | 61,282 | 44,686 | 21,995 | 18,396 | 9,452 | 6,375 | 201 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -59,597 | 62,159 | 12,236 | 19,833 | -9,911 | 17,460 | 5,766 | 22,506 | 39,304 |
| Creditors | -42,158 | 30,492 | 5,784 | -2,300 | 6,217 | -11,591 | 4,297 | 16,239 | 39,975 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | -218 | 218 | |||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -20,000 | 20,000 | |||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | |||||||||
| overdraft | |||||||||
| change in cash |
absolute risk solutions (uk) limited Credit Report and Business Information
Absolute Risk Solutions (uk) Limited Competitor Analysis
Perform a competitor analysis for absolute risk solutions (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in IP3 area or any other competitors across 12 key performance metrics.
absolute risk solutions (uk) limited Ownership
ABSOLUTE RISK SOLUTIONS (UK) LIMITED group structure
Absolute Risk Solutions (Uk) Limited has no subsidiary companies.
Ultimate parent company
ABSOLUTE RISK SOLUTIONS (UK) LIMITED
09414655
absolute risk solutions (uk) limited directors
Absolute Risk Solutions (Uk) Limited currently has 1 director, Mr Michael Cumbers serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Cumbers | England | 51 years | Apr 2015 | - | Director |
P&L
January 2024turnover
294.4k
-30%
operating profit
-19.4k
0%
gross margin
17.1%
-1.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
70.9k
-0.21%
total assets
117.8k
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
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absolute risk solutions (uk) limited company details
company number
09414655
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
alpha 6 west road, ransomes europark, ipswich, IP3 9SX
Bank
-
Legal Advisor
-
absolute risk solutions (uk) 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 absolute risk solutions (uk) limited.
absolute risk solutions (uk) 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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absolute risk solutions (uk) limited Companies House Filings - See Documents
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