abacus partners ii limited
abacus partners ii limited Company Information
Company Number
09871244
Website
www.abacuspartners.co.ukRegistered Address
richmond house, lawnswood business park, leeds, LS16 6QY
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ritzema steytler 100%
abacus partners ii limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS II LIMITED at £2.6k based on a Turnover of £2.9k and 0.89x industry multiple (adjusted for size and gross margin).
abacus partners ii limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS II LIMITED at £0 based on an EBITDA of £-909 and a 3.45x industry multiple (adjusted for size and gross margin).
abacus partners ii limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS II LIMITED at £0 based on Net Assets of £-4.2k and 2.01x industry multiple (adjusted for liquidity).
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Abacus Partners Ii Limited Overview
Abacus Partners Ii Limited is a live company located in leeds, LS16 6QY with a Companies House number of 09871244. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2015, it's largest shareholder is ritzema steytler with a 100% stake. Abacus Partners Ii Limited is a young, micro sized company, Pomanda has estimated its turnover at £2.9k with declining growth in recent years.
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Abacus Partners Ii Limited Health Check
Pomanda's financial health check has awarded Abacus Partners Ii Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £2.9k, make it smaller than the average company (£4.4m)
- Abacus Partners Ii Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -69%, show it is growing at a slower rate (4.2%)
- Abacus Partners Ii Limited
4.2% - Industry AVG
Production
with a gross margin of 20.4%, this company has a higher cost of product (61%)
- Abacus Partners Ii Limited
61% - Industry AVG
Profitability
an operating margin of -31.7% make it less profitable than the average company (10.4%)
- Abacus Partners Ii Limited
10.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Abacus Partners Ii Limited
14 - Industry AVG
Pay Structure
on an average salary of £75.9k, the company has an equivalent pay structure (£75.9k)
- Abacus Partners Ii Limited
£75.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.9k, this is less efficient (£211.3k)
- Abacus Partners Ii Limited
£211.3k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (31 days)
- Abacus Partners Ii Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 762 days, this is slower than average (37 days)
- Abacus Partners Ii Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abacus Partners Ii Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Partners Ii Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 887.2%, this is a higher level of debt than the average (57.6%)
887.2% - Abacus Partners Ii Limited
57.6% - Industry AVG
ABACUS PARTNERS II LIMITED financials
Abacus Partners Ii Limited's latest turnover from September 2023 is estimated at £2.9 thousand and the company has net assets of -£4.2 thousand. According to their latest financial statements, we estimate that Abacus Partners Ii Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 538 | 136 | 0 | 31,400 | 870 | 738 | 9,672 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 299 | 4,207 | 374 | 2,078 | 29,656 | 7,392 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 538 | 136 | 299 | 35,607 | 1,244 | 2,816 | 39,328 | 7,392 |
| total assets | 538 | 136 | 299 | 35,607 | 1,244 | 2,816 | 39,328 | 7,392 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,773 | 3,462 | 2,763 | 37,289 | 1,614 | 1,434 | 3,306 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 1,344 | 526 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 15,154 | 4,782 |
| total current liabilities | 4,773 | 3,462 | 2,763 | 37,289 | 1,614 | 1,434 | 19,804 | 5,308 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,773 | 3,462 | 2,763 | 37,289 | 1,614 | 1,434 | 19,804 | 5,308 |
| net assets | -4,235 | -3,326 | -2,464 | -1,682 | -370 | 1,382 | 19,524 | 2,084 |
| total shareholders funds | -4,235 | -3,326 | -2,464 | -1,682 | -370 | 1,382 | 19,524 | 2,084 |
| Sep 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 402 | 136 | -31,400 | 30,530 | 132 | -8,934 | 9,672 | 0 |
| Creditors | 1,311 | 699 | -34,526 | 35,675 | 180 | -1,872 | 3,306 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -15,154 | 10,372 | 4,782 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -1,344 | 818 | 526 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | -299 | -3,908 | 3,833 | -1,704 | -27,578 | 22,264 | 7,392 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -299 | -3,908 | 3,833 | -1,704 | -27,578 | 22,264 | 7,392 |
abacus partners ii limited Credit Report and Business Information
Abacus Partners Ii Limited Competitor Analysis
Perform a competitor analysis for abacus partners ii limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in LS16 area or any other competitors across 12 key performance metrics.
abacus partners ii limited Ownership
ABACUS PARTNERS II LIMITED group structure
Abacus Partners Ii Limited has no subsidiary companies.
Ultimate parent company
ABACUS PARTNERS II LIMITED
09871244
abacus partners ii limited directors
Abacus Partners Ii Limited currently has 2 directors. The longest serving directors include Mr Ritzema Steytler (Nov 2015) and Mrs Anna Steytler (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ritzema Steytler | England | 54 years | Nov 2015 | - | Director |
| Mrs Anna Steytler | England | 52 years | Dec 2023 | - | Director |
P&L
September 2023turnover
2.9k
-94%
operating profit
-909
0%
gross margin
20.5%
-16.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-4.2k
+0.27%
total assets
538
+2.96%
cash
0
0%
net assets
Total assets minus all liabilities
abacus partners ii limited company details
company number
09871244
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
abacus capital partners limited (April 2016)
accountant
-
auditor
-
address
richmond house, lawnswood business park, leeds, LS16 6QY
Bank
-
Legal Advisor
-
abacus partners ii 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 abacus partners ii limited.
abacus partners ii limited Companies House Filings - See Documents
| date | description | view/download |
|---|
