ab cleaning ltd
ab cleaning ltd Company Information
Company Number
10917329
Website
abcleaners.com.auRegistered Address
bahia house red lane, burton green, kenilworth, CV8 1PB
Industry
General cleaning of buildings
Telephone
-
Next Accounts Due
May 2025
Group Structure
View All
Directors
Amandip Bahia7 Years
Shareholders
amandip bahia 50%
parvinderjit kaur bahia 50%
ab cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CLEANING LTD at £92.2k based on a Turnover of £380k and 0.24x industry multiple (adjusted for size and gross margin).
ab cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CLEANING LTD at £0 based on an EBITDA of £-1.9k and a 2.26x industry multiple (adjusted for size and gross margin).
ab cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of AB CLEANING LTD at £163 based on Net Assets of £66 and 2.48x industry multiple (adjusted for liquidity).
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Ab Cleaning Ltd Overview
Ab Cleaning Ltd is a live company located in kenilworth, CV8 1PB with a Companies House number of 10917329. It operates in the general cleaning of buildings sector, SIC Code 81210. Founded in August 2017, it's largest shareholder is amandip bahia with a 50% stake. Ab Cleaning Ltd is a young, micro sized company, Pomanda has estimated its turnover at £380k with declining growth in recent years.
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Ab Cleaning Ltd Health Check
Pomanda's financial health check has awarded Ab Cleaning Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £380k, make it larger than the average company (£142.7k)
- Ab Cleaning Ltd
£142.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.9%)
- Ab Cleaning Ltd
5.9% - Industry AVG
Production
with a gross margin of 13.8%, this company has a higher cost of product (23.1%)
- Ab Cleaning Ltd
23.1% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (3.6%)
- Ab Cleaning Ltd
3.6% - Industry AVG
Employees
with 13 employees, this is above the industry average (10)
13 - Ab Cleaning Ltd
10 - Industry AVG
Pay Structure
on an average salary of £12.5k, the company has an equivalent pay structure (£12.5k)
- Ab Cleaning Ltd
£12.5k - Industry AVG
Efficiency
resulting in sales per employee of £29.2k, this is more efficient (£22.1k)
- Ab Cleaning Ltd
£22.1k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is near the average (46 days)
- Ab Cleaning Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (12 days)
- Ab Cleaning Ltd
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ab Cleaning Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ab Cleaning Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (63.4%)
99.9% - Ab Cleaning Ltd
63.4% - Industry AVG
AB CLEANING LTD financials
Ab Cleaning Ltd's latest turnover from August 2023 is estimated at £380 thousand and the company has net assets of £66. According to their latest financial statements, Ab Cleaning Ltd has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 13 | 13 | 14 | 19 | 19 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 42,506 | 45,632 | 48,791 | 51,988 | 55,235 | 57,479 |
| 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 | 42,506 | 45,632 | 48,791 | 51,988 | 55,235 | 57,479 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 40,239 | 66,238 | 123,794 | 89,115 | 77,071 | 39,581 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,239 | 66,238 | 123,794 | 89,115 | 77,071 | 39,581 |
| total assets | 82,745 | 111,870 | 172,585 | 141,103 | 132,306 | 97,060 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 82,679 | 109,921 | 172,368 | 139,463 | 132,129 | 96,629 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 82,679 | 109,921 | 172,368 | 139,463 | 132,129 | 96,629 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 82,679 | 109,921 | 172,368 | 139,463 | 132,129 | 96,629 |
| net assets | 66 | 1,949 | 217 | 1,640 | 177 | 431 |
| total shareholders funds | 66 | 1,949 | 217 | 1,640 | 177 | 431 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -25,999 | -57,556 | 34,679 | 12,044 | 37,490 | 39,581 |
| Creditors | -27,242 | -62,447 | 32,905 | 7,334 | 35,500 | 96,629 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
ab cleaning ltd Credit Report and Business Information
Ab Cleaning Ltd Competitor Analysis
Perform a competitor analysis for ab cleaning ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CV8 area or any other competitors across 12 key performance metrics.
ab cleaning ltd Ownership
AB CLEANING LTD group structure
Ab Cleaning Ltd has no subsidiary companies.
Ultimate parent company
AB CLEANING LTD
10917329
ab cleaning ltd directors
Ab Cleaning Ltd currently has 1 director, Mr Amandip Bahia serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amandip Bahia | England | 37 years | Aug 2017 | - | Director |
P&L
August 2023turnover
380k
-27%
operating profit
-1.9k
0%
gross margin
13.9%
-10.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
66
-0.97%
total assets
82.7k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
ab cleaning ltd company details
company number
10917329
Type
Private limited with Share Capital
industry
81210 - General cleaning of buildings
incorporation date
August 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
bahia house red lane, burton green, kenilworth, CV8 1PB
accountant
R PAU & CO LIMITED
auditor
-
ab cleaning 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 ab cleaning ltd.
ab cleaning ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
