ammanford recycling limited
ammanford recycling limited Company Information
Company Number
10303550
Next Accounts
52 days late
Industry
Wholesale of waste and scrap
Shareholders
richard safadi
Group Structure
View All
Contact
Registered Address
the old wagon works shands road, ammanford, SA18 3QU
ammanford recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AMMANFORD RECYCLING LIMITED at £2.5m based on a Turnover of £6.8m and 0.38x industry multiple (adjusted for size and gross margin).
ammanford recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AMMANFORD RECYCLING LIMITED at £1.6m based on an EBITDA of £402.6k and a 4.09x industry multiple (adjusted for size and gross margin).
ammanford recycling limited Estimated Valuation
Pomanda estimates the enterprise value of AMMANFORD RECYCLING LIMITED at £1.3m based on Net Assets of £630.2k and 2x industry multiple (adjusted for liquidity).
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Ammanford Recycling Limited Overview
Ammanford Recycling Limited is a live company located in ammanford, SA18 3QU with a Companies House number of 10303550. It operates in the wholesale of waste and scrap sector, SIC Code 46770. Founded in July 2016, it's largest shareholder is richard safadi with a 100% stake. Ammanford Recycling Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.8m with rapid growth in recent years.
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Ammanford Recycling Limited Health Check
Pomanda's financial health check has awarded Ammanford Recycling Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
5 Weak
Size
annual sales of £6.8m, make it smaller than the average company (£19.6m)
- Ammanford Recycling Limited
£19.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (7.9%)
- Ammanford Recycling Limited
7.9% - Industry AVG
Production
with a gross margin of 14.9%, this company has a comparable cost of product (14.9%)
- Ammanford Recycling Limited
14.9% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (4.9%)
- Ammanford Recycling Limited
4.9% - Industry AVG
Employees
with 22 employees, this is similar to the industry average (21)
22 - Ammanford Recycling Limited
21 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Ammanford Recycling Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £307.6k, this is less efficient (£932.5k)
- Ammanford Recycling Limited
£932.5k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (35 days)
- Ammanford Recycling Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is close to average (22 days)
- Ammanford Recycling Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 24 days, this is in line with average (29 days)
- Ammanford Recycling Limited
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (22 weeks)
14 weeks - Ammanford Recycling Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.9%, this is a higher level of debt than the average (48.6%)
72.9% - Ammanford Recycling Limited
48.6% - Industry AVG
AMMANFORD RECYCLING LIMITED financials
Ammanford Recycling Limited's latest turnover from December 2022 is estimated at £6.8 million and the company has net assets of £630.2 thousand. According to their latest financial statements, Ammanford Recycling Limited has 22 employees and maintains cash reserves of £398.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| 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 | 22 | 20 | 20 | 13 | 12 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,160,108 | 923,648 | 679,272 | 382,637 | 310,357 | 246,118 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,160,108 | 923,648 | 679,272 | 382,637 | 310,357 | 246,118 |
| Stock & work in progress | 391,950 | 201,950 | 500,000 | 253,900 | 600,000 | 0 |
| Trade Debtors | 106,889 | 268,564 | 215,064 | 10,803 | 321,883 | 28,024 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 270,612 | 280,268 | 169,289 | 59,307 | 0 | 0 |
| Cash | 398,708 | 149,538 | 194,480 | 88,349 | 69,686 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 75,000 |
| total current assets | 1,168,159 | 900,320 | 1,078,833 | 412,359 | 991,569 | 103,024 |
| total assets | 2,328,267 | 1,823,968 | 1,758,105 | 794,996 | 1,301,926 | 349,142 |
| Bank overdraft | 118,810 | 152,505 | 154,198 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 326,368 | 265,595 | 924,623 | 226,231 | 1,167,543 | 179,415 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 140,680 | 123,034 | 54,453 | 61,057 | 0 | 0 |
| other current liabilities | 834,320 | 511,206 | 186,856 | 270,550 | 0 | 0 |
| total current liabilities | 1,420,178 | 1,052,340 | 1,320,130 | 557,838 | 1,167,543 | 179,415 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 94,818 | 69,200 | 68,754 | 31,069 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 4,450 |
| other liabilities | 0 | 0 | 0 | 0 | 80,500 | 165,943 |
| provisions | 183,032 | 143,575 | 54,908 | 38,007 | 0 | 0 |
| total long term liabilities | 277,850 | 212,775 | 123,662 | 69,076 | 80,500 | 170,393 |
| total liabilities | 1,698,028 | 1,265,115 | 1,443,792 | 626,914 | 1,248,043 | 349,808 |
| net assets | 630,239 | 558,853 | 314,313 | 168,082 | 53,883 | -666 |
| total shareholders funds | 630,239 | 558,853 | 314,313 | 168,082 | 53,883 | -666 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 311,160 | 245,562 | 136,296 | 123,626 | 67,697 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 190,000 | -298,050 | 246,100 | -346,100 | 600,000 | 0 |
| Debtors | -171,331 | 164,479 | 314,243 | -251,773 | 293,859 | 28,024 |
| Creditors | 60,773 | -659,028 | 698,392 | -941,312 | 988,128 | 179,415 |
| Accruals and Deferred Income | 323,114 | 324,350 | -83,694 | 270,550 | -4,450 | 4,450 |
| Deferred Taxes & Provisions | 39,457 | 88,667 | 16,901 | 38,007 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 43,264 | 69,027 | 31,081 | 92,126 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -80,500 | -85,443 | 165,943 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 249,170 | -44,942 | 106,131 | 18,663 | 69,686 | 0 |
| overdraft | -33,695 | -1,693 | 154,198 | 0 | 0 | 0 |
| change in cash | 282,865 | -43,249 | -48,067 | 18,663 | 69,686 | 0 |
ammanford recycling limited Credit Report and Business Information
Ammanford Recycling Limited Competitor Analysis
Perform a competitor analysis for ammanford recycling limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SA18 area or any other competitors across 12 key performance metrics.
ammanford recycling limited Ownership
AMMANFORD RECYCLING LIMITED group structure
Ammanford Recycling Limited has no subsidiary companies.
Ultimate parent company
AMMANFORD RECYCLING LIMITED
10303550
ammanford recycling limited directors
Ammanford Recycling Limited currently has 2 directors. The longest serving directors include Mr Adrian Stewart (Sep 2016) and Mr Richard Safadi (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Stewart | United Kingdom | 58 years | Sep 2016 | - | Director |
| Mr Richard Safadi | Wales | 55 years | Mar 2018 | - | Director |
P&L
December 2022turnover
6.8m
+28%
operating profit
91.4k
0%
gross margin
15%
+13.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
630.2k
+0.13%
total assets
2.3m
+0.28%
cash
398.7k
+1.67%
net assets
Total assets minus all liabilities
ammanford recycling limited company details
company number
10303550
Type
Private limited with Share Capital
industry
46770 - Wholesale of waste and scrap
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
the old wagon works shands road, ammanford, SA18 3QU
Bank
-
Legal Advisor
-
ammanford recycling 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 ammanford recycling limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ammanford recycling limited Companies House Filings - See Documents
| date | description | view/download |
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