alternative use boston projects limited Company Information
Company Number
11013830
Next Accounts
Jul 2025
Industry
Production of electricity
Shareholders
alternative use boston projects holdings limited
Group Structure
View All
Contact
Registered Address
118 noak hill road, billericay, CM12 9UH
Website
www.alternativeuse.comalternative use boston projects limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE USE BOSTON PROJECTS LIMITED at £12.7m based on a Turnover of £7.7m and 1.65x industry multiple (adjusted for size and gross margin).
alternative use boston projects limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE USE BOSTON PROJECTS LIMITED at £0 based on an EBITDA of £-40.2k and a 5.07x industry multiple (adjusted for size and gross margin).
alternative use boston projects limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE USE BOSTON PROJECTS LIMITED at £0 based on Net Assets of £-204.1k and 2.7x industry multiple (adjusted for liquidity).
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Alternative Use Boston Projects Limited Overview
Alternative Use Boston Projects Limited is a live company located in billericay, CM12 9UH with a Companies House number of 11013830. It operates in the production of electricity sector, SIC Code 35110. Founded in October 2017, it's largest shareholder is alternative use boston projects holdings limited with a 100% stake. Alternative Use Boston Projects Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.7m with rapid growth in recent years.
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Alternative Use Boston Projects Limited Health Check
Pomanda's financial health check has awarded Alternative Use Boston Projects Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £7.7m, make it larger than the average company (£1.7m)
- Alternative Use Boston Projects Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 77%, show it is growing at a faster rate (9.3%)
- Alternative Use Boston Projects Limited
9.3% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)
- Alternative Use Boston Projects Limited
69.4% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (50.2%)
- Alternative Use Boston Projects Limited
50.2% - Industry AVG
Employees
with 4 employees, this is above the industry average (2)
4 - Alternative Use Boston Projects Limited
2 - Industry AVG
Pay Structure
on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)
- Alternative Use Boston Projects Limited
£72.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.9m, this is more efficient (£450.3k)
- Alternative Use Boston Projects Limited
£450.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Alternative Use Boston Projects Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 208 days, this is slower than average (21 days)
- Alternative Use Boston Projects Limited
21 days - Industry AVG
Stock Days
it holds stock equivalent to 862 days, this is more than average (15 days)
- Alternative Use Boston Projects Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Alternative Use Boston Projects Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (89.6%)
103.6% - Alternative Use Boston Projects Limited
89.6% - Industry AVG
ALTERNATIVE USE BOSTON PROJECTS LIMITED financials
Alternative Use Boston Projects Limited's latest turnover from October 2023 is estimated at £7.7 million and the company has net assets of -£204.1 thousand. According to their latest financial statements, Alternative Use Boston Projects Limited has 4 employees and maintains cash reserves of £20.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 4 | 4 | 3 | 3 | 2 | 3 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 1,520 | 2,788 | 6,712 | 8,466 | 10,897 | 8,268 |
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 | 1,520 | 2,788 | 6,712 | 8,466 | 10,897 | 8,268 |
Stock & work in progress | 5,573,767 | 3,851,267 | 2,920,656 | 1,797,597 | 1,359,178 | 532,756 |
Trade Debtors | 0 | 0 | 102,596 | 36,704 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 161,092 | 27,972 | 0 | 0 | 30,468 | 336,373 |
Cash | 20,401 | 2,436 | 77,472 | 21,140 | 175,559 | 820,101 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,755,260 | 3,881,675 | 3,100,724 | 1,855,441 | 1,565,205 | 1,689,230 |
total assets | 5,756,780 | 3,884,463 | 3,107,436 | 1,863,907 | 1,576,102 | 1,697,498 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,349,225 | 10,206 | 178,754 | 181,101 | 15,895 | 138,199 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 1,530,626 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 15,000 | 15,900 | 0 | 0 | 1,687,601 | 2,866 |
total current liabilities | 1,364,225 | 26,106 | 178,754 | 181,101 | 1,703,496 | 1,671,691 |
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 | 68,344 |
other liabilities | 4,596,677 | 4,031,222 | 3,072,900 | 1,828,437 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 4,596,677 | 4,031,222 | 3,072,900 | 1,828,437 | 0 | 68,344 |
total liabilities | 5,960,902 | 4,057,328 | 3,251,654 | 2,009,538 | 1,703,496 | 1,740,035 |
net assets | -204,122 | -172,865 | -144,218 | -145,631 | -127,394 | -42,537 |
total shareholders funds | -204,122 | -172,865 | -144,218 | -145,631 | -127,394 | -42,537 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 1,268 | 2,770 | 3,866 | 3,443 | 3,241 | 2,067 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||
Stock | 1,722,500 | 930,611 | 1,123,059 | 438,419 | 826,422 | 532,756 |
Debtors | 133,120 | -74,624 | 65,892 | 6,236 | -305,905 | 336,373 |
Creditors | 1,339,019 | -168,548 | -2,347 | 165,206 | -122,304 | 138,199 |
Accruals and Deferred Income | -900 | 15,900 | 0 | -1,687,601 | 1,616,391 | 71,210 |
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 | -1,530,626 | 1,530,626 |
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 | 565,455 | 958,322 | 1,244,463 | 1,828,437 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 17,965 | -75,036 | 56,332 | -154,419 | -644,542 | 820,101 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 17,965 | -75,036 | 56,332 | -154,419 | -644,542 | 820,101 |
alternative use boston projects limited Credit Report and Business Information
Alternative Use Boston Projects Limited Competitor Analysis
Perform a competitor analysis for alternative use boston projects limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in CM12 area or any other competitors across 12 key performance metrics.
alternative use boston projects limited Ownership
ALTERNATIVE USE BOSTON PROJECTS LIMITED group structure
Alternative Use Boston Projects Limited has no subsidiary companies.
Ultimate parent company
ALTERNATIVE USE BOSTON PROJECTS LIMITED
11013830
alternative use boston projects limited directors
Alternative Use Boston Projects Limited currently has 4 directors. The longest serving directors include Mr Jason Callen (Oct 2017) and Mr Jason Peakall (Dec 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jason Callen | England | 55 years | Oct 2017 | - | Director |
Mr Jason Peakall | England | 57 years | Dec 2017 | - | Director |
Mr Simon Williams | England | 57 years | Aug 2022 | - | Director |
Mrs Gillian Samouelle | England | 62 years | Oct 2023 | - | Director |
P&L
October 2023turnover
7.7m
+107%
operating profit
-41.5k
0%
gross margin
69.5%
+9.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-204.1k
+0.18%
total assets
5.8m
+0.48%
cash
20.4k
+7.37%
net assets
Total assets minus all liabilities
alternative use boston projects limited company details
company number
11013830
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
GIESS WALLIS CRISP LLP
auditor
-
address
118 noak hill road, billericay, CM12 9UH
Bank
-
Legal Advisor
-
alternative use boston projects 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 1 charges/mortgages relating to alternative use boston projects limited. Currently there are 1 open charges and 0 have been satisfied in the past.
alternative use boston projects 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.
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alternative use boston projects limited Companies House Filings - See Documents
date | description | view/download |
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