apple construction & building contractors ltd
apple construction & building contractors ltd Company Information
Company Number
09453596
Next Accounts
2 days late
Shareholders
the latter family settlement no2 2021
the latter family settlement no1 2021
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
unit 6 coleford road, sheffield, S9 5PH
Website
rightmixconcrete.co.ukapple construction & building contractors ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD at £47.5m based on a Turnover of £15.6m and 3.05x industry multiple (adjusted for size and gross margin).
apple construction & building contractors ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD at £13.1m based on an EBITDA of £2.1m and a 6.12x industry multiple (adjusted for size and gross margin).
apple construction & building contractors ltd Estimated Valuation
Pomanda estimates the enterprise value of APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD at £3.3m based on Net Assets of £1.9m and 1.76x industry multiple (adjusted for liquidity).
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Apple Construction & Building Contractors Ltd Overview
Apple Construction & Building Contractors Ltd is a live company located in sheffield, S9 5PH with a Companies House number of 09453596. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2015, it's largest shareholder is the latter family settlement no2 2021 with a 25.8% stake. Apple Construction & Building Contractors Ltd is a established, mid sized company, Pomanda has estimated its turnover at £15.6m with rapid growth in recent years.
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Apple Construction & Building Contractors Ltd Health Check
Pomanda's financial health check has awarded Apple Construction & Building Contractors Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £15.6m, make it larger than the average company (£830.9k)
£15.6m - Apple Construction & Building Contractors Ltd
£830.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 214%, show it is growing at a faster rate (2.3%)
- Apple Construction & Building Contractors Ltd
2.3% - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (72.5%)
23.1% - Apple Construction & Building Contractors Ltd
72.5% - Industry AVG
Profitability
an operating margin of 9.9% make it less profitable than the average company (26.6%)
9.9% - Apple Construction & Building Contractors Ltd
26.6% - Industry AVG
Employees
with 51 employees, this is above the industry average (4)
51 - Apple Construction & Building Contractors Ltd
4 - Industry AVG
Pay Structure
on an average salary of £14.7k, the company has a lower pay structure (£31.1k)
£14.7k - Apple Construction & Building Contractors Ltd
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £305.5k, this is more efficient (£177.7k)
£305.5k - Apple Construction & Building Contractors Ltd
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (33 days)
65 days - Apple Construction & Building Contractors Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (35 days)
74 days - Apple Construction & Building Contractors Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is less than average (54 days)
20 days - Apple Construction & Building Contractors Ltd
54 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Apple Construction & Building Contractors Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (67.1%)
77.8% - Apple Construction & Building Contractors Ltd
67.1% - Industry AVG
APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD financials
Apple Construction & Building Contractors Ltd's latest turnover from May 2023 is £15.6 million and the company has net assets of £1.9 million. According to their latest financial statements, Apple Construction & Building Contractors Ltd has 51 employees and maintains cash reserves of £398.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 15,582,302 | 12,526,047 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 11,989,242 | 9,496,774 | ||||||
| Gross Profit | 3,593,060 | 3,029,273 | ||||||
| Admin Expenses | 2,048,187 | 1,783,873 | ||||||
| Operating Profit | 1,544,873 | 1,245,400 | ||||||
| Interest Payable | 106,163 | 55,792 | ||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 1,438,710 | 1,189,608 | ||||||
| Tax | -270,227 | -345,430 | ||||||
| Profit After Tax | 1,168,483 | 844,178 | ||||||
| Dividends Paid | 543,710 | 572,135 | ||||||
| Retained Profit | 624,773 | 272,043 | ||||||
| Employee Costs | 749,785 | 639,947 | ||||||
| Number Of Employees | 51 | 48 | 6 | 6 | 6 | 6 | ||
| EBITDA* | 2,136,754 | 1,779,400 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,096,970 | 2,640,588 | ||||||
| Intangible Assets | 660 | 6,144 | ||||||
| Investments & Other | 1,182,815 | 1,182,815 | 557,500 | 557,500 | 557,500 | 557,500 | 1,000 | 1,000 |
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 4,280,445 | 3,829,547 | 557,500 | 557,500 | 557,500 | 557,500 | 1,000 | 1,000 |
| Stock & work in progress | 689,451 | 410,760 | ||||||
| Trade Debtors | 2,808,001 | 2,206,925 | 2,969 | 4,651 | 35 | |||
| Group Debtors | 100,000 | |||||||
| Misc Debtors | 261,595 | 330,068 | 403 | 393 | 226 | 245 | ||
| Cash | 398,174 | 1,659,627 | 93,089 | 59,439 | 32,122 | 34,312 | 99,134 | |
| misc current assets | ||||||||
| total current assets | 4,157,221 | 4,607,380 | 96,461 | 59,832 | 36,999 | 34,592 | 99,134 | 100,000 |
| total assets | 8,437,666 | 8,436,927 | 653,961 | 617,332 | 594,499 | 592,092 | 100,134 | 101,000 |
| Bank overdraft | ||||||||
| Bank loan | 117,738 | 266,153 | 32,919 | 32,300 | 26,944 | 29,621 | ||
| Trade Creditors | 2,433,072 | 1,929,724 | 180 | 4,500 | ||||
| Group/Directors Accounts | 154,014 | 154,014 | 166,115 | 164,999 | 4,014 | |||
| other short term finances | ||||||||
| hp & lease commitments | 573,891 | 617,212 | ||||||
| other current liabilities | 1,127,273 | 2,095,921 | 32,369 | 22,032 | 10,622 | 8,186 | 1,289 | |
| total current liabilities | 4,251,974 | 4,909,010 | 219,482 | 212,846 | 203,681 | 202,806 | 5,303 | |
| loans | 655,681 | 619,320 | 194,468 | 218,916 | 247,840 | 281,740 | ||
| hp & lease commitments | 910,185 | 1,005,820 | ||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 2,508 | 2,858 | ||||||
| provisions | 742,278 | 649,652 | ||||||
| total long term liabilities | 2,310,652 | 2,277,650 | 194,468 | 218,916 | 247,840 | 281,740 | ||
| total liabilities | 6,562,626 | 7,186,660 | 413,950 | 431,762 | 451,521 | 484,546 | 5,303 | |
| net assets | 1,875,040 | 1,250,267 | 240,011 | 185,570 | 142,978 | 107,546 | 94,831 | 101,000 |
| total shareholders funds | 1,875,040 | 1,250,267 | 240,011 | 185,570 | 142,978 | 107,546 | 94,831 | 101,000 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,544,873 | 1,245,400 | ||||||
| Depreciation | 586,397 | 534,000 | ||||||
| Amortisation | 5,484 | |||||||
| Tax | -270,227 | -345,430 | ||||||
| Stock | 278,691 | 410,760 | ||||||
| Debtors | 532,603 | 2,533,621 | 2,979 | -4,484 | 4,597 | 280 | -100,000 | 100,000 |
| Creditors | 503,348 | 1,929,544 | -4,320 | 4,500 | ||||
| Accruals and Deferred Income | -968,648 | 2,063,552 | 10,337 | 11,410 | 2,436 | 6,897 | 1,289 | |
| Deferred Taxes & Provisions | 92,626 | 649,652 | ||||||
| Cash flow from operations | 682,559 | 3,132,337 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 625,315 | 556,500 | 1,000 | |||||
| cash flow from investments | -625,315 | |||||||
| Financing Activities | ||||||||
| Bank loans | -148,415 | 233,234 | 619 | 5,356 | -2,677 | 29,621 | ||
| Group/Directors Accounts | -154,014 | -12,101 | 1,116 | 160,985 | 4,014 | |||
| Other Short Term Loans | ||||||||
| Long term loans | 36,361 | 424,852 | -24,448 | -28,924 | -33,900 | 281,740 | ||
| Hire Purchase and Lease Commitments | -138,956 | 1,623,032 | ||||||
| other long term liabilities | -350 | 2,858 | ||||||
| share issue | ||||||||
| interest | -106,163 | -55,792 | ||||||
| cash flow from financing | -357,523 | 2,812,383 | ||||||
| cash and cash equivalents | ||||||||
| cash | -1,261,453 | 1,566,538 | 33,650 | 27,317 | -2,190 | -64,822 | 99,134 | |
| overdraft | ||||||||
| change in cash | -1,261,453 | 1,566,538 | 33,650 | 27,317 | -2,190 | -64,822 | 99,134 |
apple construction & building contractors ltd Credit Report and Business Information
Apple Construction & Building Contractors Ltd Competitor Analysis
Perform a competitor analysis for apple construction & building contractors ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in S 9 area or any other competitors across 12 key performance metrics.
apple construction & building contractors ltd Ownership
APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD group structure
Apple Construction & Building Contractors Ltd has 1 subsidiary company.
Ultimate parent company
APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD
09453596
1 subsidiary
apple construction & building contractors ltd directors
Apple Construction & Building Contractors Ltd currently has 7 directors. The longest serving directors include Mr Anthony Flowers (Feb 2015) and Mr Matthew Latter (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Flowers | United Kingdom | 83 years | Feb 2015 | - | Director |
| Mr Matthew Latter | United Kingdom | 47 years | Apr 2016 | - | Director |
| Mrs Rosemary Latter | United Kingdom | 75 years | Apr 2016 | - | Director |
| Mr Richard Latter | United Kingdom | 78 years | Apr 2016 | - | Director |
| Mrs Julie Flowers | United Kingdom | 81 years | Apr 2016 | - | Director |
| Mrs Charlotte Latter | United Kingdom | 48 years | Apr 2016 | - | Director |
| Mr Matthew Latter | United Kingdom | 47 years | Apr 2016 | - | Director |
P&L
May 2023turnover
15.6m
+24%
operating profit
1.5m
+24%
gross margin
23.1%
-4.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1.9m
+0.5%
total assets
8.4m
0%
cash
398.2k
-0.76%
net assets
Total assets minus all liabilities
apple construction & building contractors ltd company details
company number
09453596
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
SHORTS
address
unit 6 coleford road, sheffield, S9 5PH
Bank
-
Legal Advisor
-
apple construction & building contractors 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 apple construction & building contractors ltd. Currently there are 3 open charges and 0 have been satisfied in the past.
apple construction & building contractors ltd 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.
Click to start generating capital raising & share issue transactions for APPLE CONSTRUCTION & BUILDING CONTRACTORS LTD. This can take several minutes, an email will notify you when this has completed.
apple construction & building contractors ltd Companies House Filings - See Documents
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