Pomanda estimates the enterprise value of ANSWERS IN RETIREMENT LIMITED at £1.1m based on a Turnover of £1.8m and 0.62x industry multiple (adjusted for size and gross margin).
answers in retirement limitedEstimated Valuation
£989k
Pomanda estimates the enterprise value of ANSWERS IN RETIREMENT LIMITED at £989k based on an EBITDA of £285k and a 3.47x industry multiple (adjusted for size and gross margin).
answers in retirement limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of ANSWERS IN RETIREMENT LIMITED at £2.5m based on Net Assets of £1.1m and 2.26x industry multiple (adjusted for liquidity).
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Answers In Retirement LimitedOverview
Answers In Retirement Limited is a live company located in gloucester, GL1 1UD with a Companies House number of 09991416. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in February 2016, it's largest shareholder is
equity release club holdings limited
with a 100% stake. Answers In Retirement Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Answers In Retirement Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
3 Weak
Size
annual sales of £1.8m, make it larger than the average company (£1.2m)
£1.8m - Answers In Retirement Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (7.6%)
51% - Answers In Retirement Limited
7.6% - Industry AVG
Production
with a gross margin of 34.8%, this company has a higher cost of product (67.9%)
34.8% - Answers In Retirement Limited
67.9% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (6%)
9.9% - Answers In Retirement Limited
6% - Industry AVG
Employees
with 10 employees, this is below the industry average (20)
10 - Answers In Retirement Limited
20 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
£35.9k - Answers In Retirement Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £176.7k, this is more efficient (£76.5k)
£176.7k - Answers In Retirement Limited
£76.5k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (35 days)
7 days - Answers In Retirement Limited
35 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Answers In Retirement Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Answers In Retirement Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 34 weeks, this is less cash available to meet short term requirements (68 weeks)
34 weeks - Answers In Retirement Limited
68 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.5%, this is a lower level of debt than the average (36.4%)
23.5% - Answers In Retirement Limited
36.4% - Industry AVG
ANSWERS IN RETIREMENT LIMITED financials
EXPORT
Answers In Retirement Limited's latest turnover from December 2023 is £1.8 million and the company has net assets of £1.1 million. According to their latest financial statements, we estimate that Answers In Retirement Limited has 10 employees and maintains cash reserves of £226 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Turnover
1,767,000
2,524,000
1,292,468
512,302
198,350
75,372
43,943
56,146
Other Income Or Grants
Cost Of Sales
1,151,342
1,641,830
820,463
323,863
11,119
49,919
29,189
36,346
Gross Profit
615,658
882,170
472,005
188,439
187,231
25,453
14,754
19,800
Admin Expenses
440,658
227,170
280,126
72,032
260,607
-47,825
-1,621
-15,319
Operating Profit
175,000
655,000
191,879
116,407
-73,376
73,278
16,375
35,119
Interest Payable
5,000
3,000
2,807
2,243
Interest Receivable
142
73
23
Pre-Tax Profit
170,000
652,000
189,072
114,164
-73,376
73,420
16,448
35,141
Tax
1,000
-49,000
-1,044
-25,963
33,016
-13,950
-3,125
-7,028
Profit After Tax
171,000
603,000
188,028
88,201
-40,360
59,470
13,323
28,113
Dividends Paid
Retained Profit
171,000
603,000
188,028
88,201
-40,360
59,470
13,323
28,113
Employee Costs
358,833
489,984
90,633
88,708
23,423
23,391
Number Of Employees
10
14
8
4
3
3
1
1
EBITDA*
285,000
771,000
248,783
154,215
-49,333
73,278
16,375
35,119
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Tangible Assets
43,314
104,075
3,656
81,469
31,014
Intangible Assets
97,000
207,000
153,948
177,697
94,992
Investments & Other
6,000
5,000
28,020
Debtors (Due After 1 year)
1,013
2,057
Total Fixed Assets
103,000
212,000
196,249
279,715
126,668
81,469
31,014
Stock & work in progress
Trade Debtors
35,000
10,000
6,209
7,022
10,000
13,175
18,575
Group Debtors
1,072,000
682,000
106,693
Misc Debtors
2,000
2,981
907
4,993
Cash
226,000
358,000
163,579
215,542
13,418
19,830
11,209
18,046
misc current assets
total current assets
1,333,000
1,052,000
273,253
222,658
25,433
29,830
24,384
36,621
total assets
1,436,000
1,264,000
469,502
502,373
152,101
111,299
55,398
36,621
Bank overdraft
Bank loan
Trade Creditors
977
3,836
16,872
Group/Directors Accounts
242,000
182,000
77,029
other short term finances
hp & lease commitments
40,000
65,000
39,506
57,193
other current liabilities
56,000
56,000
105,467
266,314
10,877
18,620
8,590
8,408
total current liabilities
338,000
303,000
145,950
327,343
104,778
18,620
8,590
8,408
loans
39,506
hp & lease commitments
34,000
Accruals and Deferred Income
other liabilities
provisions
4,996
5,272
total long term liabilities
34,000
39,506
4,996
5,272
total liabilities
338,000
337,000
145,950
366,849
104,778
23,616
13,862
8,408
net assets
1,098,000
927,000
323,552
135,524
47,323
87,683
41,536
28,213
total shareholders funds
1,098,000
927,000
323,552
135,524
47,323
87,683
41,536
28,213
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Mar 2018
Mar 2017
Operating Activities
Operating Profit
175,000
655,000
191,879
116,407
-73,376
73,278
16,375
35,119
Depreciation
1,059
1,267
879
Amortisation
110,000
116,000
55,845
36,541
23,164
Tax
1,000
-49,000
-1,044
-25,963
33,016
-13,950
-3,125
-7,028
Stock
Debtors
413,000
583,313
101,514
-2,842
2,015
-8,575
-5,400
18,575
Creditors
-977
-2,859
-13,036
16,872
Accruals and Deferred Income
-49,467
-160,847
255,437
-7,743
10,212
182
8,408
Deferred Taxes & Provisions
-4,996
4,996
5,272
Cash flow from operations
-127,000
88,243
-17,481
373,495
-14,199
83,111
24,104
17,924
Investing Activities
capital expenditure
-125,738
27,606
-220,932
-41,222
-81,469
-31,014
Change in Investments
1,000
5,000
-28,020
28,020
cash flow from investments
-1,000
-130,738
27,606
-192,912
-69,242
-81,469
-31,014
Financing Activities
Bank loans
Group/Directors Accounts
60,000
182,000
-77,029
77,029
Other Short Term Loans
Long term loans
-39,506
39,506
Hire Purchase and Lease Commitments
-59,000
59,494
-17,687
57,193
other long term liabilities
share issue
448
100
interest
-5,000
-3,000
-2,807
-2,243
142
73
23
cash flow from financing
-4,000
238,942
-60,000
17,427
77,029
142
73
123
cash and cash equivalents
cash
-132,000
194,421
-51,963
202,124
-6,412
1,784
-6,837
18,046
overdraft
change in cash
-132,000
194,421
-51,963
202,124
-6,412
1,784
-6,837
18,046
answers in retirement 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 answers in retirement limited. Get real-time insights into answers in retirement limited's credit score, group structure and payment trends.
Perform a competitor analysis for answers in retirement limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GL1 area or any other competitors across 12 key performance metrics.
answers in retirement limited Ownership
ANSWERS IN RETIREMENT LIMITED group structure
Answers In Retirement Limited has no subsidiary companies.
The sole shareholder of Answers In Retirement Limited is Equity Release Club Holdings Limited.
equity release club holdings limited
100%
answers in retirement limited directors
Answers In Retirement Limited currently has 3 directors.
The longest serving directors include
Mr Simon Thompson (May 2018) and
Mr Simon Drew (Apr 2021).
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 1 charges/mortgages relating to answers in retirement limited. Currently there are 1 open charges and 0 have been satisfied in the past.
answers in retirement 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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answers in retirement limitedCompanies House Filings - See Documents
