abs services uk limited

Dissolved 

abs services uk limited Company Information

Share ABS SERVICES UK LIMITED

Company Number

09866764

Shareholders

davinder singh hayre

Group Structure

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Industry

Construction of commercial buildings

 +1

Registered Address

73-75 aston road north, birmingham, B6 4DA

abs services uk limited Estimated Valuation

£211k

Pomanda estimates the enterprise value of ABS SERVICES UK LIMITED at £211k based on a Turnover of £646.7k and 0.33x industry multiple (adjusted for size and gross margin).

abs services uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ABS SERVICES UK LIMITED at £0 based on an EBITDA of £-56.4k and a 3.15x industry multiple (adjusted for size and gross margin).

abs services uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ABS SERVICES UK LIMITED at £0 based on Net Assets of £-126.8k and 1.43x industry multiple (adjusted for liquidity).

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Abs Services Uk Limited Overview

Abs Services Uk Limited is a dissolved company that was located in birmingham, B6 4DA with a Companies House number of 09866764. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in November 2015, it's largest shareholder was davinder singh hayre with a 100% stake. The last turnover for Abs Services Uk Limited was estimated at £646.7k.

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Abs Services Uk Limited Health Check

Pomanda's financial health check has awarded Abs Services Uk Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £646.7k, make it smaller than the average company (£4.4m)

£646.7k - Abs Services Uk Limited

£4.4m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Abs Services Uk Limited

- - Industry AVG

production

Production

with a gross margin of 17.1%, this company has a comparable cost of product (17.1%)

17.1% - Abs Services Uk Limited

17.1% - Industry AVG

profitability

Profitability

an operating margin of -9.1% make it less profitable than the average company (4.8%)

-9.1% - Abs Services Uk Limited

4.8% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (17)

6 - Abs Services Uk Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.4k, the company has an equivalent pay structure (£42.4k)

£42.4k - Abs Services Uk Limited

£42.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £107.8k, this is less efficient (£223.7k)

£107.8k - Abs Services Uk Limited

£223.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is earlier than average (32 days)

23 days - Abs Services Uk Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (34 days)

30 days - Abs Services Uk Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Abs Services Uk Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (22 weeks)

2 weeks - Abs Services Uk Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 289.4%, this is a higher level of debt than the average (71%)

289.4% - Abs Services Uk Limited

71% - Industry AVG

ABS SERVICES UK LIMITED financials

EXPORTms excel logo

Abs Services Uk Limited's latest turnover from February 2021 is estimated at £646.7 thousand and the company has net assets of -£126.8 thousand. According to their latest financial statements, Abs Services Uk Limited has 6 employees and maintains cash reserves of £8.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2021Feb 2020Feb 2019Oct 2017Oct 2016
Turnover646,668462,677247,939260,6804,132
Other Income Or Grants
Cost Of Sales536,199376,786200,260209,0063,318
Gross Profit110,46985,89047,67951,673814
Admin Expenses169,187127,86172,52848,1573,577
Operating Profit-58,718-41,971-24,8493,516-2,763
Interest Payable1,266542824
Interest Receivable72314
Pre-Tax Profit-59,977-42,002-24,8773,506-2,763
Tax-666
Profit After Tax-59,977-42,002-24,8772,840-2,763
Dividends Paid
Retained Profit-59,977-42,002-24,8772,840-2,763
Employee Costs254,379132,49090,170123,58241,184
Number Of Employees63231
EBITDA*-56,400-40,448-24,2623,689-2,763

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2021Feb 2020Feb 2019Oct 2017Oct 2016
Tangible Assets8,6116,0901,6132,427
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets8,6116,0901,6132,427
Stock & work in progress3,2515831,984
Trade Debtors41,71932,96821,880500
Group Debtors
Misc Debtors8,154100
Cash8,4496,1766410,703171
misc current assets
total current assets58,32239,14425,29511,2862,655
total assets66,93345,23426,90813,7132,655
Bank overdraft760760760
Bank loan844
Trade Creditors 45,20245,99420,0004,720302
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities107,72765,25930,8418,0565,016
total current liabilities153,689112,01351,68513,5365,318
loans40,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities40,000
total liabilities193,689112,01351,68513,5365,318
net assets-126,756-66,779-24,777177-2,663
total shareholders funds-126,756-66,779-24,777177-2,663
Feb 2021Feb 2020Feb 2019Oct 2017Oct 2016
Operating Activities
Operating Profit-58,718-41,971-24,8493,516-2,763
Depreciation2,3181,523587173
Amortisation
Tax-666
Stock-3,2513,251-1,4011,984
Debtors16,90510,98821,980-500500
Creditors-79225,99420,0004,418302
Accruals and Deferred Income42,46834,41830,8413,0405,016
Deferred Taxes & Provisions
Cash flow from operations-31,62912,2271,34812,38271
Investing Activities
capital expenditure-4,839-6,000-2,200-2,600
Change in Investments
cash flow from investments-4,839-6,000-2,200-2,600
Financing Activities
Bank loans-844844
Group/Directors Accounts
Other Short Term Loans
Long term loans40,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100100
interest-1,259-31-28-10
cash flow from financing38,741-875916-10100
cash and cash equivalents
cash2,2736,1126410,532171
overdraft760760
change in cash2,2735,352649,772171

abs services uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for abs services uk limited. Get real-time insights into abs services uk limited's credit score, group structure and payment trends.

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Abs Services Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for abs services uk limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in B 6 area or any other competitors across 12 key performance metrics.

abs services uk limited Ownership

ABS SERVICES UK LIMITED group structure

Abs Services Uk Limited has no subsidiary companies.

Ultimate parent company

ABS SERVICES UK LIMITED

09866764

ABS SERVICES UK LIMITED Shareholders

davinder singh hayre 100%

abs services uk limited directors

Abs Services Uk Limited currently has 1 director, Mr Davinder Hayre serving since Nov 2015.

officercountryagestartendrole
Mr Davinder HayreUnited Kingdom62 years Nov 2015- Director

P&L

February 2021

turnover

646.7k

+40%

operating profit

-58.7k

0%

gross margin

17.1%

-7.98%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2021

net assets

-126.8k

+0.9%

total assets

66.9k

+0.48%

cash

8.4k

+0.37%

net assets

Total assets minus all liabilities

abs services uk limited company details

company number

09866764

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

41202 - Construction of domestic buildings

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2021

previous names

N/A

accountant

SKN SERVICES LTD

auditor

-

address

73-75 aston road north, birmingham, B6 4DA

Bank

-

Legal Advisor

-

abs services 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 abs services uk limited.

abs services 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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abs services uk limited Companies House Filings - See Documents

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