advance service group limited
advance service group limited Company Information
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
6th & 7th floor bark street, bolton, BL1 2AX
Website
www.asgbg.comadvance service group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SERVICE GROUP LIMITED at £165.6k based on a Turnover of £422.3k and 0.39x industry multiple (adjusted for size and gross margin).
advance service group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SERVICE GROUP LIMITED at £0 based on an EBITDA of £-58.6k and a 3.68x industry multiple (adjusted for size and gross margin).
advance service group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCE SERVICE GROUP LIMITED at £0 based on Net Assets of £-98.4k and 2.21x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Advance Service Group Limited Overview
Advance Service Group Limited is a dissolved company that was located in bolton, BL1 2AX with a Companies House number of 09647713. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in June 2015, it's largest shareholder was david edgar with a 100% stake. The last turnover for Advance Service Group Limited was estimated at £422.3k.
Upgrade for unlimited company reports & a free credit check
Advance Service Group Limited Health Check
Pomanda's financial health check has awarded Advance Service Group Limited a 2 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
3 Regular
6 Weak
Size
annual sales of £422.3k, make it smaller than the average company (£4m)
- Advance Service Group Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5%)
- Advance Service Group Limited
5% - Industry AVG
Production
with a gross margin of 24.3%, this company has a comparable cost of product (24.3%)
- Advance Service Group Limited
24.3% - Industry AVG
Profitability
an operating margin of -16.5% make it less profitable than the average company (5.3%)
- Advance Service Group Limited
5.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (30)
8 - Advance Service Group Limited
30 - Industry AVG
Pay Structure
on an average salary of £42.5k, the company has an equivalent pay structure (£42.5k)
- Advance Service Group Limited
£42.5k - Industry AVG
Efficiency
resulting in sales per employee of £52.8k, this is less efficient (£157.4k)
- Advance Service Group Limited
£157.4k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (56 days)
- Advance Service Group Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (38 days)
- Advance Service Group Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advance Service Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (18 weeks)
5 weeks - Advance Service Group Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 204.4%, this is a higher level of debt than the average (62.4%)
204.4% - Advance Service Group Limited
62.4% - Industry AVG
ADVANCE SERVICE GROUP LIMITED financials
Advance Service Group Limited's latest turnover from June 2020 is estimated at £422.3 thousand and the company has net assets of -£98.4 thousand. According to their latest financial statements, Advance Service Group Limited has 8 employees and maintains cash reserves of £19.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | 8 | 9 | 10 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 32,048 | 42,729 | 20,643 | 11,294 | 0 |
| Intangible Assets | 1,417 | 1,890 | 2,520 | 3,360 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 33,465 | 44,619 | 23,163 | 14,654 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 14,016 | 28,905 | 38,957 | 79,942 | 10,000 |
| Group Debtors | 12,011 | 14,900 | 15,900 | 0 | 0 |
| Misc Debtors | 15,404 | 54,714 | 44,326 | 1,871 | 0 |
| Cash | 19,327 | 35,640 | 54,911 | 35,632 | 112 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 60,758 | 134,159 | 154,094 | 117,445 | 10,112 |
| total assets | 94,223 | 178,778 | 177,257 | 132,099 | 10,112 |
| Bank overdraft | 77,634 | 42,347 | 3,597 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 32,483 | 51,845 | 78,004 | 6,569 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 76,157 | 101,132 | 86,405 | 51,002 | 4,325 |
| total current liabilities | 186,274 | 195,324 | 168,006 | 57,571 | 4,325 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 6,358 | 8,477 | 4,401 | 2,931 | 0 |
| total long term liabilities | 6,358 | 8,477 | 4,401 | 2,931 | 0 |
| total liabilities | 192,632 | 203,801 | 172,407 | 60,502 | 4,325 |
| net assets | -98,409 | -25,023 | 4,850 | 71,597 | 5,787 |
| total shareholders funds | -98,409 | -25,023 | 4,850 | 71,597 | 5,787 |
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 10,681 | 14,242 | 6,881 | 3,765 | 0 |
| Amortisation | 473 | 630 | 840 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -57,088 | -664 | 17,370 | 71,813 | 10,000 |
| Creditors | -19,362 | -26,159 | 71,435 | 6,569 | 0 |
| Accruals and Deferred Income | -24,975 | 14,727 | 35,403 | 46,677 | 4,325 |
| Deferred Taxes & Provisions | -2,119 | 4,076 | 1,470 | 2,931 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -16,313 | -19,271 | 19,279 | 35,520 | 112 |
| overdraft | 35,287 | 38,750 | 3,597 | 0 | 0 |
| change in cash | -51,600 | -58,021 | 15,682 | 35,520 | 112 |
advance service group limited Credit Report and Business Information
Advance Service Group Limited Competitor Analysis
Perform a competitor analysis for advance service group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in BL1 area or any other competitors across 12 key performance metrics.
advance service group limited Ownership
ADVANCE SERVICE GROUP LIMITED group structure
Advance Service Group Limited has no subsidiary companies.
Ultimate parent company
ADVANCE SERVICE GROUP LIMITED
09647713
advance service group limited directors
Advance Service Group Limited currently has 1 director, Mr David Edgar serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Edgar | 48 years | Jun 2015 | - | Director |
P&L
June 2020turnover
422.3k
-24%
operating profit
-69.8k
0%
gross margin
24.4%
-3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
-98.4k
+2.93%
total assets
94.2k
-0.47%
cash
19.3k
-0.46%
net assets
Total assets minus all liabilities
advance service group limited company details
company number
09647713
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2020
previous names
N/A
accountant
BUTLERS CHARTERED ACCOUNTANTS
auditor
-
address
6th & 7th floor bark street, bolton, BL1 2AX
Bank
-
Legal Advisor
-
advance service group 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 advance service group limited.
advance service group 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.
Click to start generating capital raising & share issue transactions for ADVANCE SERVICE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
advance service group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
