
Company Number
09949429
Next Accounts
Aug 2025
Shareholders
john sutcliffe
mark steven woodrow
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
121 beechwood road, halifax, west yorkshire, HX2 9BS
Website
-Pomanda estimates the enterprise value of ABACUS PROPERTIES HALIFAX NO 2 LTD at £3.8m based on a Turnover of £1.6m and 2.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ABACUS PROPERTIES HALIFAX NO 2 LTD at £0 based on an EBITDA of £-40.1k and a 4.66x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ABACUS PROPERTIES HALIFAX NO 2 LTD at £1m based on Net Assets of £623.8k and 1.68x industry multiple (adjusted for liquidity).
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Abacus Properties Halifax No 2 Ltd is a live company located in west yorkshire, HX2 9BS with a Companies House number of 09949429. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2016, it's largest shareholder is john sutcliffe with a 41.7% stake. Abacus Properties Halifax No 2 Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.
Pomanda's financial health check has awarded Abacus Properties Halifax No 2 Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it larger than the average company (£848.4k)
- Abacus Properties Halifax No 2 Ltd
£848.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 62%, show it is growing at a faster rate (2.9%)
- Abacus Properties Halifax No 2 Ltd
2.9% - Industry AVG
Production
with a gross margin of 30.5%, this company has a higher cost of product (73%)
- Abacus Properties Halifax No 2 Ltd
73% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (27%)
- Abacus Properties Halifax No 2 Ltd
27% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Abacus Properties Halifax No 2 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.1k, the company has an equivalent pay structure (£32.1k)
- Abacus Properties Halifax No 2 Ltd
£32.1k - Industry AVG
Efficiency
resulting in sales per employee of £800.1k, this is more efficient (£180.9k)
- Abacus Properties Halifax No 2 Ltd
£180.9k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (32 days)
- Abacus Properties Halifax No 2 Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Abacus Properties Halifax No 2 Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abacus Properties Halifax No 2 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Properties Halifax No 2 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.1%, this is a lower level of debt than the average (67.9%)
0.1% - Abacus Properties Halifax No 2 Ltd
67.9% - Industry AVG
Abacus Properties Halifax No 2 Ltd's latest turnover from November 2023 is estimated at £1.6 million and the company has net assets of £623.8 thousand. According to their latest financial statements, Abacus Properties Halifax No 2 Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2018 | May 2017 | May 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 | 2 | 2 | 2 | 2 | 2 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2018 | May 2017 | May 2016 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 858,548 | 858,548 | 858,548 | 858,548 | 391,431 | 391,431 | |||
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | 858,548 | 858,548 | 858,548 | 858,548 | 391,431 | 391,431 | |||
Stock & work in progress | |||||||||
Trade Debtors | 618,455 | 929,882 | 45,083 | 82,292 | 64,354 | 38,348 | 48,070 | 28,720 | 100 |
Group Debtors | |||||||||
Misc Debtors | 6,000 | ||||||||
Cash | |||||||||
misc current assets | |||||||||
total current assets | 624,455 | 929,882 | 45,083 | 82,292 | 64,354 | 38,348 | 48,070 | 28,720 | 100 |
total assets | 624,455 | 929,882 | 903,631 | 940,840 | 922,902 | 896,896 | 439,501 | 420,151 | 100 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 612 | 265,939 | 406,275 | 416,924 | 400,453 | 404,580 | 398,890 | 398,975 | |
Group/Directors Accounts | |||||||||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | |||||||||
total current liabilities | 612 | 265,939 | 406,275 | 416,924 | 400,453 | 404,580 | 398,890 | 398,975 | |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | |||||||||
other liabilities | 406,127 | 425,115 | 457,161 | 457,161 | |||||
provisions | |||||||||
total long term liabilities | 406,127 | 425,115 | 457,161 | 457,161 | |||||
total liabilities | 612 | 265,939 | 812,402 | 842,039 | 857,614 | 861,741 | 398,890 | 398,975 | |
net assets | 623,843 | 663,943 | 91,229 | 98,801 | 65,288 | 35,155 | 40,611 | 21,176 | 100 |
total shareholders funds | 623,843 | 663,943 | 91,229 | 98,801 | 65,288 | 35,155 | 40,611 | 21,176 | 100 |
Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2018 | May 2017 | May 2016 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | |||||||||
Amortisation | |||||||||
Tax | |||||||||
Stock | |||||||||
Debtors | -305,427 | 884,799 | -37,209 | 17,938 | 26,006 | 9,628 | 19,350 | 28,620 | 100 |
Creditors | -265,327 | -140,336 | -10,649 | 16,471 | -4,127 | 5,605 | -85 | 398,975 | |
Accruals and Deferred Income | |||||||||
Deferred Taxes & Provisions | |||||||||
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 | -406,127 | -18,988 | -32,046 | 457,161 | |||||
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | |||||||||
overdraft | |||||||||
change in cash |
Perform a competitor analysis for abacus properties halifax no 2 ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HX2 area or any other competitors across 12 key performance metrics.
ABACUS PROPERTIES HALIFAX NO 2 LTD group structure
Abacus Properties Halifax No 2 Ltd has no subsidiary companies.
Ultimate parent company
ABACUS PROPERTIES HALIFAX NO 2 LTD
09949429
Abacus Properties Halifax No 2 Ltd currently has 4 directors. The longest serving directors include Mr Mark Woodrow (Jan 2016) and Mr John Sutcliffe (Jan 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Woodrow | United Kingdom | 59 years | Jan 2016 | - | Director |
Mr John Sutcliffe | United Kingdom | 56 years | Jan 2016 | - | Director |
Mrs Rachel Sutcliffe | England | 54 years | Feb 2019 | - | Director |
Mrs Amanda Woodrow | England | 46 years | Feb 2019 | - | Director |
P&L
November 2023turnover
1.6m
-35%
operating profit
-40.1k
0%
gross margin
30.6%
+5.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
623.8k
-0.06%
total assets
624.5k
-0.33%
cash
0
0%
net assets
Total assets minus all liabilities
company number
09949429
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
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
121 beechwood road, halifax, west yorkshire, HX2 9BS
Bank
-
Legal Advisor
-
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 properties halifax no 2 ltd.
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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