acc (west) 1 limited
acc (west) 1 limited Company Information
Company Number
10483804
Next Accounts
Sep 2025
Shareholders
albion care communities (west) ltd
michael parsons
View AllGroup Structure
View All
Industry
Residential care activities for the elderly and disabled
Registered Address
1 benjamin street, london, EC1M 5QL
Website
albioncarecommunities.co.ukacc (west) 1 limited Estimated Valuation
Pomanda estimates the enterprise value of ACC (WEST) 1 LIMITED at £9.3m based on a Turnover of £10.6m and 0.88x industry multiple (adjusted for size and gross margin).
acc (west) 1 limited Estimated Valuation
Pomanda estimates the enterprise value of ACC (WEST) 1 LIMITED at £20.8m based on an EBITDA of £2.9m and a 7.11x industry multiple (adjusted for size and gross margin).
acc (west) 1 limited Estimated Valuation
Pomanda estimates the enterprise value of ACC (WEST) 1 LIMITED at £37.6m based on Net Assets of £12.9m and 2.93x industry multiple (adjusted for liquidity).
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Acc (west) 1 Limited Overview
Acc (west) 1 Limited is a live company located in london, EC1M 5QL with a Companies House number of 10483804. It operates in the residential care activities for the elderly and disabled sector, SIC Code 87300. Founded in November 2016, it's largest shareholder is albion care communities (west) ltd with a 57.7% stake. Acc (west) 1 Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.6m with rapid growth in recent years.
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Acc (west) 1 Limited Health Check
Pomanda's financial health check has awarded Acc (West) 1 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £10.6m, make it larger than the average company (£2.7m)
£10.6m - Acc (west) 1 Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (6.1%)
31% - Acc (west) 1 Limited
6.1% - Industry AVG
Production
with a gross margin of 33.8%, this company has a comparable cost of product (38.7%)
33.8% - Acc (west) 1 Limited
38.7% - Industry AVG
Profitability
an operating margin of 18.2% make it more profitable than the average company (11%)
18.2% - Acc (west) 1 Limited
11% - Industry AVG
Employees
with 245 employees, this is above the industry average (63)
245 - Acc (west) 1 Limited
63 - Industry AVG
Pay Structure
on an average salary of £23.9k, the company has an equivalent pay structure (£23.9k)
- Acc (west) 1 Limited
£23.9k - Industry AVG
Efficiency
resulting in sales per employee of £43.4k, this is equally as efficient (£41.5k)
£43.4k - Acc (west) 1 Limited
£41.5k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (16 days)
6 days - Acc (west) 1 Limited
16 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Acc (west) 1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Acc (west) 1 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (36 weeks)
5 weeks - Acc (west) 1 Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.8%, this is a higher level of debt than the average (45.1%)
74.8% - Acc (west) 1 Limited
45.1% - Industry AVG
ACC (WEST) 1 LIMITED financials
Acc (West) 1 Limited's latest turnover from December 2023 is £10.6 million and the company has net assets of £12.9 million. According to their latest financial statements, Acc (West) 1 Limited has 245 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 10,627,078 | 9,021,909 | 6,208,866 | 4,779,628 | 1,655,597 | ||
| Other Income Or Grants | |||||||
| Cost Of Sales | 7,038,758 | 6,288,167 | 4,773,043 | 2,353,569 | 2,353,424 | ||
| Gross Profit | 3,588,320 | 2,733,742 | 1,435,823 | 2,426,059 | -697,827 | ||
| Admin Expenses | 1,658,390 | 1,680,673 | 595,113 | 2,766,992 | 993,297 | ||
| Operating Profit | 1,929,930 | 1,053,069 | 840,710 | -340,933 | -1,691,124 | ||
| Interest Payable | 2,426,801 | 2,867,024 | 2,224,651 | 2,040,672 | 2,443,761 | ||
| Interest Receivable | 155,358 | 138,712 | 123,851 | 76,334 | 930,696 | ||
| Pre-Tax Profit | -341,513 | -1,675,243 | -1,260,090 | -2,305,271 | -3,204,189 | ||
| Tax | -113,447 | ||||||
| Profit After Tax | -454,960 | -1,675,243 | -1,260,090 | -2,305,271 | -3,204,189 | ||
| Dividends Paid | |||||||
| Retained Profit | -454,960 | -1,675,243 | -1,260,090 | -2,305,271 | -3,204,189 | ||
| Employee Costs | |||||||
| Number Of Employees | 245 | 225 | 162 | 125 | 125 | 4 | 4 |
| EBITDA* | 2,926,041 | 2,032,070 | 1,858,320 | 421,545 | -1,691,124 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,374,049 | 47,543,696 | 47,200,230 | 42,615,719 | 35,991,134 | ||
| Intangible Assets | |||||||
| Investments & Other | 494,180 | 494,180 | 494,180 | 364,482 | 4,875,789 | 2,174,928 | |
| Debtors (Due After 1 year) | 1,304,643 | 1,155,929 | 711,780 | 9,880,109 | 3,608,960 | ||
| Total Fixed Assets | 46,868,229 | 49,342,519 | 48,850,339 | 43,691,981 | 35,991,134 | 14,755,898 | 5,783,888 |
| Stock & work in progress | |||||||
| Trade Debtors | 186,922 | 186,724 | 307,150 | 312,248 | 62,206 | ||
| Group Debtors | 1,460,000 | 1 | |||||
| Misc Debtors | 972,611 | 921,604 | 905,998 | 894,714 | 921,806 | 1,884,310 | 10,355,590 |
| Cash | 1,550,267 | 828,207 | 422,369 | 935,937 | 664,991 | 2,917 | 20,775 |
| misc current assets | |||||||
| total current assets | 4,169,800 | 1,936,535 | 1,635,517 | 2,142,900 | 1,649,003 | 1,887,227 | 10,376,365 |
| total assets | 51,038,029 | 51,279,054 | 50,485,856 | 45,834,881 | 37,640,137 | 16,643,125 | 16,160,253 |
| Bank overdraft | |||||||
| Bank loan | 11,795,074 | 224,000 | 6,358,036 | 893,145 | 427,298 | 164,005 | |
| Trade Creditors | |||||||
| Group/Directors Accounts | 17,647 | ||||||
| other short term finances | |||||||
| hp & lease commitments | 39,031 | 29,742 | 37,519 | 85,848 | 31,158 | ||
| other current liabilities | 2,000,711 | 1,732,640 | 1,106,276 | 1,040,412 | 724,287 | 54,694 | 6,140 |
| total current liabilities | 13,834,816 | 1,986,382 | 7,501,831 | 2,019,405 | 1,182,743 | 54,694 | 187,792 |
| loans | 16,761,487 | 28,134,971 | 21,371,992 | 26,662,429 | 23,947,717 | 17,394,114 | 16,439,152 |
| hp & lease commitments | 32,522 | 75,624 | 53,421 | 130,030 | |||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 7,577,372 | 7,786,425 | 7,554,127 | 4,746,199 | 3,126,097 | ||
| total long term liabilities | 24,338,859 | 35,953,918 | 29,001,743 | 31,462,049 | 27,203,844 | 17,394,114 | 16,439,152 |
| total liabilities | 38,173,675 | 37,940,300 | 36,503,574 | 33,481,454 | 28,386,587 | 17,448,808 | 16,626,944 |
| net assets | 12,864,354 | 13,338,754 | 13,982,282 | 12,353,427 | 9,253,550 | -805,683 | -466,691 |
| total shareholders funds | 12,864,354 | 13,338,754 | 13,982,282 | 12,353,427 | 9,253,550 | -805,683 | -466,691 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,929,930 | 1,053,069 | 840,710 | -340,933 | -1,691,124 | ||
| Depreciation | 996,111 | 979,001 | 1,017,610 | 762,478 | |||
| Amortisation | |||||||
| Tax | -113,447 | ||||||
| Stock | |||||||
| Debtors | 206,562 | 43,894 | 450,334 | 934,731 | -10,780,407 | -2,200,131 | 13,964,550 |
| Creditors | |||||||
| Accruals and Deferred Income | 268,071 | 626,364 | 65,864 | 316,125 | 669,593 | 48,554 | 6,140 |
| Deferred Taxes & Provisions | -209,053 | 232,298 | 2,807,928 | 1,620,102 | 3,126,097 | ||
| Cash flow from operations | 2,665,050 | 2,846,838 | 4,281,778 | 1,423,041 | 12,884,973 | ||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 129,698 | 364,482 | -4,875,789 | 2,700,861 | 2,174,928 | ||
| cash flow from investments | -129,698 | -364,482 | 4,875,789 | ||||
| Financing Activities | |||||||
| Bank loans | 11,571,074 | -6,134,036 | 5,464,891 | 465,847 | 427,298 | -164,005 | 164,005 |
| Group/Directors Accounts | -17,647 | 17,647 | |||||
| Other Short Term Loans | |||||||
| Long term loans | -11,373,484 | 6,762,979 | -5,290,437 | 2,714,712 | 6,553,603 | 954,962 | 16,439,152 |
| Hire Purchase and Lease Commitments | -23,233 | -50,879 | -26,126 | -21,919 | 161,188 | ||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -2,271,443 | -2,728,312 | -2,100,800 | -1,964,338 | -1,513,065 | ||
| cash flow from financing | -2,116,526 | -1,118,533 | 936,473 | 6,599,450 | 18,892,446 | ||
| cash and cash equivalents | |||||||
| cash | 722,060 | 405,838 | -513,568 | 270,946 | 662,074 | -17,858 | 20,775 |
| overdraft | |||||||
| change in cash | 722,060 | 405,838 | -513,568 | 270,946 | 662,074 | -17,858 | 20,775 |
acc (west) 1 limited Credit Report and Business Information
Acc (west) 1 Limited Competitor Analysis
Perform a competitor analysis for acc (west) 1 limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in EC1M area or any other competitors across 12 key performance metrics.
acc (west) 1 limited Ownership
ACC (WEST) 1 LIMITED group structure
Acc (West) 1 Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
ACC (WEST) 1 LIMITED
10483804
3 subsidiaries
acc (west) 1 limited directors
Acc (West) 1 Limited currently has 4 directors. The longest serving directors include Mr Emil Gigov (Nov 2016) and Mr Oliver Sargent (Jul 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Emil Gigov | England | 55 years | Nov 2016 | - | Director |
| Mr Oliver Sargent | England | 48 years | Jul 2017 | - | Director |
| Mr David Gudgin | England | 53 years | Jul 2017 | - | Director |
| Mr Michael Parsons | England | 74 years | Jul 2017 | - | Director |
P&L
December 2023turnover
10.6m
+18%
operating profit
1.9m
+83%
gross margin
33.8%
+11.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.9m
-0.04%
total assets
51m
0%
cash
1.6m
+0.87%
net assets
Total assets minus all liabilities
acc (west) 1 limited company details
company number
10483804
Type
Private limited with Share Capital
industry
87300 - Residential care activities for the elderly and disabled
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PKF LITTLEJOHN LLP
address
1 benjamin street, london, EC1M 5QL
Bank
-
Legal Advisor
-
acc (west) 1 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 2 charges/mortgages relating to acc (west) 1 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
acc (west) 1 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.
Click to start generating capital raising & share issue transactions for ACC (WEST) 1 LIMITED. This can take several minutes, an email will notify you when this has completed.
acc (west) 1 limited Companies House Filings - See Documents
| date | description | view/download |
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