ashmech ltd
ashmech ltd Company Information
Company Number
10700906
Next Accounts
Jan 2025
Industry
Other business support service activities n.e.c.
Directors
Shareholders
peter simpson
Group Structure
View All
Contact
Registered Address
c/o aston shaw, the union building, norwich, norfolk, NR1 1BY
Website
-ashmech ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHMECH LTD at £13.7k based on a Turnover of £36.5k and 0.38x industry multiple (adjusted for size and gross margin).
ashmech ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHMECH LTD at £0 based on an EBITDA of £-19.9k and a 2.78x industry multiple (adjusted for size and gross margin).
ashmech ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHMECH LTD at £234 based on Net Assets of £100 and 2.35x industry multiple (adjusted for liquidity).
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Ashmech Ltd Overview
Ashmech Ltd is a dissolved company that was located in norwich, NR1 1BY with a Companies House number of 10700906. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2017, it's largest shareholder was peter simpson with a 100% stake. The last turnover for Ashmech Ltd was estimated at £36.5k.
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Ashmech Ltd Health Check
Pomanda's financial health check has awarded Ashmech Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £36.5k, make it smaller than the average company (£2.5m)
- Ashmech Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (2.1%)
- Ashmech Ltd
2.1% - Industry AVG
Production
with a gross margin of 16.2%, this company has a higher cost of product (38%)
- Ashmech Ltd
38% - Industry AVG
Profitability
an operating margin of -54.5% make it less profitable than the average company (6.5%)
- Ashmech Ltd
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (19)
1 - Ashmech Ltd
19 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
- Ashmech Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £36.5k, this is less efficient (£128k)
- Ashmech Ltd
£128k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (42 days)
- Ashmech Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (35 days)
- Ashmech Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ashmech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ashmech Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.6%, this is a higher level of debt than the average (61.3%)
98.6% - Ashmech Ltd
61.3% - Industry AVG
ASHMECH LTD financials
Ashmech Ltd's latest turnover from March 2022 is estimated at £36.5 thousand and the company has net assets of £100. According to their latest financial statements, Ashmech Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 263 | 363 | 470 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 263 | 363 | 470 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,000 | 30,869 | 110,272 | 18,409 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,000 | 30,869 | 110,272 | 18,409 | 100 |
| total assets | 7,263 | 31,232 | 110,742 | 18,409 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,163 | 11,220 | 80,156 | 17,933 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,163 | 11,220 | 80,156 | 17,933 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,163 | 11,220 | 80,156 | 17,933 | 0 |
| net assets | 100 | 20,012 | 30,586 | 476 | 100 |
| total shareholders funds | 100 | 20,012 | 30,586 | 476 | 100 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -23,869 | -79,403 | 91,863 | 18,309 | 100 |
| Creditors | -4,057 | -68,936 | 62,223 | 17,933 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
ashmech ltd Credit Report and Business Information
Ashmech Ltd Competitor Analysis
Perform a competitor analysis for ashmech ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in NR1 area or any other competitors across 12 key performance metrics.
ashmech ltd Ownership
ASHMECH LTD group structure
Ashmech Ltd has no subsidiary companies.
Ultimate parent company
ASHMECH LTD
10700906
ashmech ltd directors
Ashmech Ltd currently has 1 director, Mr Peter Simpson serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Simpson | United Kingdom | 63 years | Apr 2018 | - | Director |
P&L
March 2022turnover
36.5k
-57%
operating profit
-19.9k
0%
gross margin
16.3%
+4.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
100
-1%
total assets
7.3k
-0.77%
cash
0
0%
net assets
Total assets minus all liabilities
ashmech ltd company details
company number
10700906
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2022
previous names
white door enterprise ltd (March 2019)
accountant
-
auditor
-
address
c/o aston shaw, the union building, norwich, norfolk, NR1 1BY
Bank
-
Legal Advisor
-
ashmech 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 ashmech ltd.
ashmech 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 ASHMECH LTD. This can take several minutes, an email will notify you when this has completed.
ashmech ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
