ace drainage & water solutions ltdEstimated Valuation
£507.9k
Pomanda estimates the enterprise value of ACE DRAINAGE & WATER SOLUTIONS LTD at £507.9k based on a Turnover of £1.1m and 0.46x industry multiple (adjusted for size and gross margin).
ace drainage & water solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ACE DRAINAGE & WATER SOLUTIONS LTD at £0 based on an EBITDA of £-6k and a 3.87x industry multiple (adjusted for size and gross margin).
ace drainage & water solutions ltdEstimated Valuation
£149.1k
Pomanda estimates the enterprise value of ACE DRAINAGE & WATER SOLUTIONS LTD at £149.1k based on Net Assets of £54k and 2.76x industry multiple (adjusted for liquidity).
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Ace Drainage & Water Solutions LtdOverview
Ace Drainage & Water Solutions Ltd is a live company located in brandon, IP27 0NZ with a Companies House number of 10623869. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in February 2017, it's largest shareholder is
edward reeves
with a 50% stake. Ace Drainage & Water Solutions Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£1.1m with
high
growth in recent years.
Pomanda's financial health check has awarded Ace Drainage & Water Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it larger than the average company (£371.7k)
£1.1m - Ace Drainage & Water Solutions Ltd
£371.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (11.2%)
18% - Ace Drainage & Water Solutions Ltd
11.2% - Industry AVG
Production
with a gross margin of 29.9%, this company has a comparable cost of product (29.9%)
29.9% - Ace Drainage & Water Solutions Ltd
29.9% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (5.9%)
-3.1% - Ace Drainage & Water Solutions Ltd
5.9% - Industry AVG
Employees
with 11 employees, this is above the industry average (4)
11 - Ace Drainage & Water Solutions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
£31.5k - Ace Drainage & Water Solutions Ltd
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £100.4k, this is equally as efficient (£115k)
£100.4k - Ace Drainage & Water Solutions Ltd
£115k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (51 days)
76 days - Ace Drainage & Water Solutions Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (46 days)
22 days - Ace Drainage & Water Solutions Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ace Drainage & Water Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (21 weeks)
6 weeks - Ace Drainage & Water Solutions Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (62.6%)
86.2% - Ace Drainage & Water Solutions Ltd
62.6% - Industry AVG
ACE DRAINAGE & WATER SOLUTIONS LTD financials
EXPORT
Ace Drainage & Water Solutions Ltd's latest turnover from February 2024 is estimated at £1.1 million and the company has net assets of £54 thousand. According to their latest financial statements, Ace Drainage & Water Solutions Ltd has 11 employees and maintains cash reserves of £30 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Turnover
1,104,889
970,246
848,535
674,286
571,524
446,815
522,543
Other Income Or Grants
Cost Of Sales
774,904
695,558
591,144
471,350
388,682
293,372
345,639
Gross Profit
329,986
274,688
257,391
202,936
182,843
153,443
176,904
Admin Expenses
364,189
256,558
168,581
224,536
166,949
190,753
109,698
Operating Profit
-34,203
18,130
88,810
-21,600
15,894
-37,310
67,206
Interest Payable
3,177
3,805
3,019
1,587
69
Interest Receivable
1,816
1,692
173
15
28
19
12
Pre-Tax Profit
-35,564
16,016
85,964
-23,172
15,853
-37,291
67,217
Tax
-3,043
-16,333
-3,012
-12,771
Profit After Tax
-35,564
12,973
69,631
-23,172
12,841
-37,291
54,446
Dividends Paid
Retained Profit
-35,564
12,973
69,631
-23,172
12,841
-37,291
54,446
Employee Costs
346,821
333,780
328,904
286,405
279,248
276,003
270,209
Number Of Employees
11
10
10
9
8
8
8
EBITDA*
-6,032
21,915
89,930
-16,443
22,002
-30,405
73,567
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Tangible Assets
90,155
16,774
6,355
11,819
16,676
29,567
30,393
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
90,155
16,774
6,355
11,819
16,676
29,567
30,393
Stock & work in progress
Trade Debtors
231,778
222,894
205,264
134,739
100,937
63,058
83,466
Group Debtors
Misc Debtors
39,263
19,450
8,035
6,754
207
4,352
2,641
Cash
29,974
39,201
45,376
23,909
7,026
511
4,666
misc current assets
total current assets
301,015
281,545
258,675
165,402
108,170
67,921
90,773
total assets
391,170
298,319
265,030
177,221
124,846
97,488
121,166
Bank overdraft
9,800
9,700
9,600
Bank loan
Trade Creditors
47,986
41,789
17,601
21,113
14,559
14,108
13,854
Group/Directors Accounts
11,333
10,145
10,442
13,248
12,097
8,421
2,920
other short term finances
hp & lease commitments
13,972
3,875
4,802
3,760
other current liabilities
149,022
120,469
116,326
83,690
59,260
43,760
32,358
total current liabilities
232,113
182,103
153,969
118,051
89,791
71,091
52,892
loans
13,479
23,501
33,299
50,000
2,045
hp & lease commitments
74,485
5,222
10,024
Accruals and Deferred Income
other liabilities
provisions
17,129
3,187
1,207
2,246
2,914
3,920
3,704
total long term liabilities
105,093
26,688
34,506
52,246
4,959
9,142
13,728
total liabilities
337,206
208,791
188,475
170,297
94,750
80,233
66,620
net assets
53,964
89,528
76,555
6,924
30,096
17,255
54,546
total shareholders funds
53,964
89,528
76,555
6,924
30,096
17,255
54,546
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Operating Activities
Operating Profit
-34,203
18,130
88,810
-21,600
15,894
-37,310
67,206
Depreciation
28,171
3,785
1,120
5,157
6,108
6,905
6,361
Amortisation
Tax
-3,043
-16,333
-3,012
-12,771
Stock
Debtors
28,697
29,045
71,806
40,349
33,734
-18,697
86,107
Creditors
6,197
24,188
-3,512
6,554
451
254
13,854
Accruals and Deferred Income
28,553
4,143
32,636
24,430
15,500
11,402
32,358
Deferred Taxes & Provisions
13,942
1,980
-1,039
-668
-1,006
216
3,704
Cash flow from operations
13,963
20,138
29,876
-26,476
201
164
24,605
Investing Activities
capital expenditure
-101,552
-14,204
4,344
-300
6,783
-6,079
-36,754
Change in Investments
cash flow from investments
-101,552
-14,204
4,344
-300
6,783
-6,079
-36,754
Financing Activities
Bank loans
Group/Directors Accounts
1,188
-297
-2,806
1,151
3,676
5,501
2,920
Other Short Term Loans
Long term loans
-10,022
-9,798
-16,701
47,955
2,045
Hire Purchase and Lease Commitments
88,457
-3,875
-6,149
-3,760
13,784
other long term liabilities
share issue
100
interest
-1,361
-2,113
-2,846
-1,572
-41
19
12
cash flow from financing
78,262
-12,208
-22,353
43,659
-469
1,760
16,816
cash and cash equivalents
cash
-9,227
-6,175
21,467
16,883
6,515
-4,155
4,666
overdraft
100
100
9,600
change in cash
-9,327
-6,275
11,867
16,883
6,515
-4,155
4,666
ace drainage & water solutions ltd 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 ace drainage & water solutions ltd. Get real-time insights into ace drainage & water solutions ltd's credit score, group structure and payment trends.
Ace Drainage & Water Solutions Ltd Competitor Analysis
Perform a competitor analysis for ace drainage & water solutions ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IP27 area or any other competitors across 12 key performance metrics.
ace drainage & water solutions ltd Ownership
ACE DRAINAGE & WATER SOLUTIONS LTD group structure
Ace Drainage & Water Solutions Ltd has no subsidiary companies.
Ultimate parent company
ACE DRAINAGE & WATER SOLUTIONS LTD
10623869
ACE DRAINAGE & WATER SOLUTIONS LTD Shareholders
The largest shareholders in Ace Drainage & Water Solutions Ltd include Edward Reeves and Mark Akintaro.
edward reeves
50%
mark akintaro
50%
ace drainage & water solutions ltd directors
Ace Drainage & Water Solutions Ltd currently has 2 directors.
The longest serving directors include
Mr Edward Reeves (Feb 2017) and
Mr Mark Akintaro (Feb 2017).
ace drainage & water solutions ltd company details
company number
10623869
Type
Private limited with Share Capital
industry
43220 - Plumbing, heat and air-conditioning installation
incorporation date
February 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
TWR ACCOUNTANTS
auditor
-
address
unit 12 wimbledon avenue, brandon, IP27 0NZ
Bank
-
Legal Advisor
-
ace drainage & water solutions ltd 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 did not find charges/mortgages relating to ace drainage & water solutions ltd.
ace drainage & water solutions ltd 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 ACE DRAINAGE & WATER SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
ace drainage & water solutions ltdCompanies House Filings - See Documents
