ash group (uk) limited
ash group (uk) limited Company Information
Company Number
10090444
Website
alansskips.co.ukRegistered Address
the mill morton, oswestry, shropshire, SY10 8BH
Industry
Collection of non-hazardous waste
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
laf holdings limited 75%
darcy george investments ltd 15%
View Allash group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ASH GROUP (UK) LIMITED at £96.2m based on a Turnover of £45m and 2.14x industry multiple (adjusted for size and gross margin).
ash group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ASH GROUP (UK) LIMITED at £167m based on an EBITDA of £11.4m and a 14.69x industry multiple (adjusted for size and gross margin).
ash group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of ASH GROUP (UK) LIMITED at £61.5m based on Net Assets of £20.4m and 3.02x industry multiple (adjusted for liquidity).
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Ash Group (uk) Limited Overview
Ash Group (uk) Limited is a live company located in shropshire, SY10 8BH with a Companies House number of 10090444. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in March 2016, it's largest shareholder is laf holdings limited with a 75% stake. Ash Group (uk) Limited is a young, large sized company, Pomanda has estimated its turnover at £45m with healthy growth in recent years.
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Ash Group (uk) Limited Health Check
Pomanda's financial health check has awarded Ash Group (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £45m, make it larger than the average company (£14.9m)
£45m - Ash Group (uk) Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.5%)
12% - Ash Group (uk) Limited
7.5% - Industry AVG
Production
with a gross margin of 43.6%, this company has a lower cost of product (23.7%)
43.6% - Ash Group (uk) Limited
23.7% - Industry AVG
Profitability
an operating margin of 18.1% make it more profitable than the average company (5.2%)
18.1% - Ash Group (uk) Limited
5.2% - Industry AVG
Employees
with 268 employees, this is above the industry average (62)
268 - Ash Group (uk) Limited
62 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£36k)
£41.6k - Ash Group (uk) Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £167.9k, this is equally as efficient (£151k)
£167.9k - Ash Group (uk) Limited
£151k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (44 days)
29 days - Ash Group (uk) Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (37 days)
45 days - Ash Group (uk) Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is more than average (4 days)
7 days - Ash Group (uk) Limited
4 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (20 weeks)
35 weeks - Ash Group (uk) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.3%, this is a lower level of debt than the average (61.6%)
38.3% - Ash Group (uk) Limited
61.6% - Industry AVG
ash group (uk) limited Credit Report and Business Information
Ash Group (uk) Limited Competitor Analysis
Perform a competitor analysis for ash group (uk) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ash group (uk) limited Ownership
ASH GROUP (UK) LIMITED group structure
Ash Group (Uk) Limited has 21 subsidiary companies.
Ultimate parent company
1 parent
ASH GROUP (UK) LIMITED
10090444
21 subsidiaries
ash group (uk) limited directors
Ash Group (Uk) Limited currently has 3 directors. The longest serving directors include Mr Neil Hassall (Mar 2016) and Mr Stephen Kynaston (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Hassall | United Kingdom | 48 years | Mar 2016 | - | Director |
| Mr Stephen Kynaston | United Kingdom | 64 years | Apr 2017 | - | Director |
| Mr Jonathan Fray | England | 50 years | Apr 2018 | - | Director |
ASH GROUP (UK) LIMITED financials
Ash Group (Uk) Limited's latest turnover from March 2023 is £45 million and the company has net assets of £20.4 million. According to their latest financial statements, Ash Group (Uk) Limited has 268 employees and maintains cash reserves of £5.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 44,993,997 | 38,956,929 | 31,622,136 | 32,055,022 | 29,473,598 | 26,593,039 | 24,467,671 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 25,372,310 | 22,009,006 | 17,929,922 | 19,303,311 | 18,411,934 | 17,132,938 | 15,872,439 |
| Gross Profit | 19,621,687 | 16,947,923 | 13,692,214 | 12,751,711 | 11,061,664 | 9,460,101 | 8,595,232 |
| Admin Expenses | 11,499,865 | 9,784,209 | 8,085,890 | 8,803,767 | 7,867,504 | 5,267,560 | 5,732,361 |
| Operating Profit | 8,121,822 | 7,163,714 | 5,606,324 | 3,947,944 | 3,194,160 | 4,192,541 | 2,862,871 |
| Interest Payable | 193,519 | 247,174 | 245,982 | 278,870 | 206,124 | 235,105 | 219,708 |
| Interest Receivable | 4,133 | 3,741 | 2,553 | 95 | 282 | 795 | 143 |
| Pre-Tax Profit | 7,932,436 | 6,920,281 | 5,362,895 | 3,669,169 | 2,988,318 | 3,958,231 | 2,643,306 |
| Tax | -1,711,484 | -1,344,112 | -1,091,921 | -645,849 | -555,548 | -752,161 | -559,287 |
| Profit After Tax | 6,220,952 | 5,576,169 | 4,270,974 | 3,023,320 | 2,432,770 | 3,206,070 | 2,084,019 |
| Dividends Paid | 2,400,000 | 2,400,000 | 0 | 276,000 | 280,000 | 0 | 520,000 |
| Retained Profit | 2,870,201 | 2,483,325 | 3,704,953 | 2,330,865 | 1,860,549 | 2,796,107 | 1,359,284 |
| Employee Costs | 11,160,100 | 9,382,308 | 7,630,637 | 8,316,809 | 7,696,973 | 6,461,319 | 6,153,870 |
| Number Of Employees | 268 | 249 | 230 | 248 | 236 | 209 | 188 |
| EBITDA* | 11,371,066 | 10,257,501 | 8,623,897 | 6,926,216 | 5,727,516 | 24,919,234 | 5,053,523 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 23,645,282 | 22,341,191 | 23,008,005 | 21,389,302 | 15,119,148 | 12,336,777 | 11,039,649 |
| Intangible Assets | 164,966 | 225,550 | 360,589 | 413,284 | 524,709 | 639,150 | 761,677 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 |
| Total Fixed Assets | 23,810,248 | 22,566,741 | 23,386,594 | 21,820,586 | 15,661,857 | 12,993,927 | 11,819,326 |
| Stock & work in progress | 523,153 | 517,855 | 271,597 | 416,546 | 226,845 | 327,848 | 289,455 |
| Trade Debtors | 3,606,379 | 3,266,823 | 2,988,076 | 2,706,274 | 2,821,222 | 2,880,174 | 2,472,860 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 501,153 | 662,884 | 377,516 | 436,857 | 420,770 | 530,696 | 301,373 |
| Cash | 5,623,216 | 4,925,628 | 4,456,796 | 3,827,697 | 1,811,348 | 1,943,142 | 1,051,886 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,253,901 | 9,373,190 | 8,093,985 | 7,387,374 | 5,280,185 | 5,681,860 | 4,115,574 |
| total assets | 34,064,149 | 31,939,931 | 31,480,579 | 29,207,960 | 20,942,042 | 18,675,787 | 15,934,900 |
| Bank overdraft | 110,910 | 307,660 | 975,502 | 2,521,881 | 217,147 | 225,303 | 311,268 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,154,548 | 3,274,872 | 2,250,953 | 2,788,518 | 2,316,673 | 2,519,780 | 2,166,053 |
| Group/Directors Accounts | 908,957 | 694,118 | 452,265 | 391,197 | 283,324 | 195,258 | 100,000 |
| other short term finances | 109,113 | 105,935 | 102,850 | 99,554 | 117,506 | 94,666 | 91,909 |
| hp & lease commitments | 1,713,582 | 1,931,914 | 2,448,506 | 1,766,456 | 1,693,943 | 1,406,650 | 1,583,922 |
| other current liabilities | 2,215,303 | 2,244,480 | 2,713,882 | 3,950,202 | 2,218,219 | 2,510,670 | 2,448,941 |
| total current liabilities | 8,212,413 | 8,558,979 | 8,943,958 | 11,517,808 | 6,846,812 | 6,952,327 | 6,702,093 |
| loans | 1,057,277 | 1,596,416 | 2,041,248 | 2,941,022 | 1,784,263 | 2,089,956 | 2,152,928 |
| hp & lease commitments | 2,698,124 | 3,188,960 | 4,885,870 | 2,970,318 | 3,279,475 | 2,754,782 | 3,197,227 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,079,164 | 519,621 | 29,717 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,834,565 | 5,304,997 | 6,956,835 | 5,911,340 | 5,063,738 | 4,844,738 | 5,350,155 |
| total liabilities | 13,046,978 | 13,863,976 | 15,900,793 | 17,429,148 | 11,910,550 | 11,797,065 | 12,052,248 |
| net assets | 20,404,898 | 17,534,697 | 15,051,372 | 11,346,419 | 8,739,554 | 6,599,005 | 3,633,552 |
| total shareholders funds | 20,404,898 | 17,534,697 | 15,051,372 | 11,346,419 | 8,739,554 | 6,599,005 | 3,633,552 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 8,121,822 | 7,163,714 | 5,606,324 | 3,947,944 | 3,194,160 | 4,192,541 | 2,862,871 |
| Depreciation | 3,188,660 | 2,977,395 | 2,946,231 | 2,802,922 | 2,418,915 | 20,604,166 | 2,035,707 |
| Amortisation | 60,584 | 116,392 | 71,342 | 175,350 | 114,441 | 122,527 | 154,945 |
| Tax | -1,711,484 | -1,344,112 | -1,091,921 | -645,849 | -555,548 | -752,161 | -559,287 |
| Stock | 5,298 | 246,258 | -144,949 | 189,701 | -101,003 | 38,393 | 289,455 |
| Debtors | 177,825 | 546,115 | 222,461 | -98,861 | -168,878 | 636,637 | 2,792,233 |
| Creditors | -120,324 | 1,023,919 | -537,565 | 471,845 | -203,107 | 353,727 | 2,166,053 |
| Accruals and Deferred Income | -29,177 | -469,402 | -1,236,320 | 1,731,983 | -292,451 | 61,729 | 2,448,941 |
| Deferred Taxes & Provisions | 559,543 | 489,904 | 29,717 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 9,886,501 | 9,165,437 | 5,710,296 | 8,393,355 | 4,946,291 | 23,907,499 | 6,027,542 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -1,674,159 | -2,778,297 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -1,674,159 | -2,778,297 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 214,839 | 241,853 | 61,068 | 107,873 | 88,066 | 95,258 | 100,000 |
| Other Short Term Loans | 3,178 | 3,085 | 3,296 | -17,952 | 22,840 | 2,757 | 91,909 |
| Long term loans | -539,139 | -444,832 | -899,774 | 1,156,759 | -305,693 | -62,972 | 2,152,928 |
| Hire Purchase and Lease Commitments | -709,168 | -2,213,502 | 2,597,602 | -236,644 | 811,986 | -619,717 | 4,781,149 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -189,386 | -243,433 | -243,429 | -278,775 | -205,842 | -234,310 | -219,565 |
| cash flow from financing | -1,219,676 | -2,656,829 | 1,518,763 | 1,007,261 | 691,357 | -649,638 | 9,180,689 |
| cash and cash equivalents | |||||||
| cash | 697,588 | 468,832 | 629,099 | 2,016,349 | -131,794 | 891,256 | 1,051,886 |
| overdraft | -196,750 | -667,842 | -1,546,379 | 2,304,734 | -8,156 | -85,965 | 311,268 |
| change in cash | 894,338 | 1,136,674 | 2,175,478 | -288,385 | -123,638 | 977,221 | 740,618 |
P&L
March 2023turnover
45m
+15%
operating profit
8.1m
+13%
gross margin
43.7%
+0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
20.4m
+0.16%
total assets
34.1m
+0.07%
cash
5.6m
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
ash group (uk) limited company details
company number
10090444
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
incorporation date
March 2016
age
8
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
the mill morton, oswestry, shropshire, SY10 8BH
last accounts submitted
March 2023
ash group (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 found 3 charges/mortgages relating to ash group (uk) limited. Currently there are 3 open charges and 0 have been satisfied in the past.
ash group (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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