Pomanda estimates the enterprise value of APPROVED PERFORMANCE UK LTD at £92.1k based on a Turnover of £167.5k and 0.55x industry multiple (adjusted for size and gross margin).
approved performance uk ltdEstimated Valuation
£20.5k
Pomanda estimates the enterprise value of APPROVED PERFORMANCE UK LTD at £20.5k based on an EBITDA of £5.1k and a 4.02x industry multiple (adjusted for size and gross margin).
approved performance uk ltdEstimated Valuation
£467.1k
Pomanda estimates the enterprise value of APPROVED PERFORMANCE UK LTD at £467.1k based on Net Assets of £219k and 2.13x industry multiple (adjusted for liquidity).
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Approved Performance Uk LtdOverview
Approved Performance Uk Ltd is a live company located in warwickshire, CV11 6XB with a Companies House number of 10729189. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2017, it's largest shareholder is
luke yeomans
with a 70% stake. Approved Performance Uk Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£167.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Approved Performance Uk Ltd a 1.5 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
Health Rating1.5out of 5
1 Strong
3 Regular
8 Weak
Size
annual sales of £167.5k, make it smaller than the average company (£3.7m)
£167.5k - Approved Performance Uk Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (5.1%)
-11% - Approved Performance Uk Ltd
5.1% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Approved Performance Uk Ltd
38.2% - Industry AVG
Profitability
an operating margin of -5.5% make it less profitable than the average company (6.1%)
-5.5% - Approved Performance Uk Ltd
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Approved Performance Uk Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
£48.2k - Approved Performance Uk Ltd
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £83.7k, this is less efficient (£152.6k)
£83.7k - Approved Performance Uk Ltd
£152.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (40 days)
0 days - Approved Performance Uk Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (33 days)
1 days - Approved Performance Uk Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 563 days, this is more than average (33 days)
563 days - Approved Performance Uk Ltd
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 20 weeks, this is less cash available to meet short term requirements (25 weeks)
20 weeks - Approved Performance Uk Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.7%, this is a similar level of debt than the average (61.4%)
63.7% - Approved Performance Uk Ltd
61.4% - Industry AVG
APPROVED PERFORMANCE UK LTD financials
EXPORT
Approved Performance Uk Ltd's latest turnover from August 2023 is estimated at £167.5 thousand and the company has net assets of £219 thousand. According to their latest financial statements, Approved Performance Uk Ltd has 2 employees and maintains cash reserves of £136 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Turnover
167,489
214,701
247,710
236,825
195,344
530,386
213,131
Other Income Or Grants
Cost Of Sales
103,493
132,712
156,247
146,717
121,907
330,711
131,712
Gross Profit
63,996
81,989
91,464
90,108
73,437
199,675
81,419
Admin Expenses
73,280
30,443
-40,204
27,912
48,907
188,845
81,767
Operating Profit
-9,284
51,546
131,668
62,196
24,530
10,830
-348
Interest Payable
3,656
3,294
2,974
1,525
Interest Receivable
7,621
2,599
164
105
130
112
26
Pre-Tax Profit
-5,319
50,851
128,858
60,777
24,660
10,942
-322
Tax
-9,662
-24,483
-11,548
-4,685
-2,079
Profit After Tax
-5,319
41,189
104,375
49,229
19,975
8,863
-322
Dividends Paid
Retained Profit
-5,319
41,189
104,375
49,229
19,975
8,863
-322
Employee Costs
96,381
91,219
85,596
83,203
41,320
39,173
75,951
Number Of Employees
2
2
2
2
1
1
2
EBITDA*
5,100
51,546
133,441
64,569
27,732
15,026
296
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Tangible Assets
56,088
70,472
4,148
7,406
9,779
12,681
5,525
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
56,088
70,472
4,148
7,406
9,779
12,681
5,525
Stock & work in progress
159,700
236,918
309,300
166,900
251,445
259,995
130,125
Trade Debtors
228
1,908
4,726
9,947
1,035
25,400
Group Debtors
Misc Debtors
251,636
32,219
13,136
6,699
9,288
13,166
5,500
Cash
135,952
154,371
142,639
185,575
25,334
9,380
20,469
misc current assets
total current assets
547,516
425,416
469,801
369,121
287,102
282,541
181,494
total assets
603,604
495,888
473,949
376,527
296,881
295,222
187,019
Bank overdraft
2,500
Bank loan
10,000
10,000
10,000
Trade Creditors
524
3,112
1,631
14,598
2,702
1,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
342,791
213,667
241,698
230,184
261,663
282,681
182,341
total current liabilities
353,315
226,779
253,329
247,282
264,365
282,681
183,341
loans
17,499
27,500
37,500
47,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
13,800
17,300
total long term liabilities
31,299
44,800
37,500
47,500
total liabilities
384,614
271,579
290,829
294,782
264,365
282,681
183,341
net assets
218,990
224,309
183,120
81,745
32,516
12,541
3,678
total shareholders funds
218,990
224,309
183,120
81,745
32,516
12,541
3,678
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Operating Activities
Operating Profit
-9,284
51,546
131,668
62,196
24,530
10,830
-348
Depreciation
14,384
1,773
2,373
3,202
4,196
644
Amortisation
Tax
-9,662
-24,483
-11,548
-4,685
-2,079
Stock
-77,218
-72,382
142,400
-84,545
-8,550
129,870
130,125
Debtors
217,737
16,265
1,216
6,323
-2,843
-17,734
30,900
Creditors
-2,588
1,481
-12,967
11,896
2,702
-1,000
1,000
Accruals and Deferred Income
129,124
-28,031
11,514
-31,479
-21,018
100,340
182,341
Deferred Taxes & Provisions
-3,500
17,300
Cash flow from operations
-12,383
88,751
-36,111
111,660
16,124
151
22,612
Investing Activities
capital expenditure
-66,324
1,485
-300
-11,352
-6,169
Change in Investments
cash flow from investments
-66,324
1,485
-300
-11,352
-6,169
Financing Activities
Bank loans
10,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,001
-10,000
-10,000
47,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-3,000
4,000
interest
3,965
-695
-2,810
-1,420
130
112
26
cash flow from financing
-6,036
-10,695
-5,810
46,080
130
112
4,026
cash and cash equivalents
cash
-18,419
11,732
-42,936
160,241
15,954
-11,089
20,469
overdraft
-2,500
2,500
change in cash
-18,419
11,732
-40,436
157,741
15,954
-11,089
20,469
approved performance uk 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 approved performance uk ltd. Get real-time insights into approved performance uk ltd's credit score, group structure and payment trends.
Perform a competitor analysis for approved performance uk ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV11 area or any other competitors across 12 key performance metrics.
approved performance uk ltd Ownership
APPROVED PERFORMANCE UK LTD group structure
Approved Performance Uk Ltd has no subsidiary companies.
Ultimate parent company
APPROVED PERFORMANCE UK LTD
10729189
APPROVED PERFORMANCE UK LTD Shareholders
The largest shareholders in Approved Performance Uk Ltd include Luke Yeomans and Geoffrey Charles Wilson.
luke yeomans
70%
geoffrey charles wilson
30%
approved performance uk ltd directors
Approved Performance Uk Ltd currently has 2 directors.
The longest serving directors include
Mr Luke Yeomans (Apr 2017) and
Mr Geoffrey Wilson (Jun 2017).
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 1 charges/mortgages relating to approved performance uk ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
approved performance uk 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.
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approved performance uk ltdCompanies House Filings - See Documents
