aab customs limited

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aab customs limited Company Information

Share AAB CUSTOMS LIMITED

Company Number

11171480

Shareholders

aab business & tax advisory llp

Group Structure

View All

Industry

Tax consultancy

 

Registered Address

gresham house, 5-7, st pauls street, leeds, west yorkshire, LS1 2JG

aab customs limited Estimated Valuation

£535.3k

Pomanda estimates the enterprise value of AAB CUSTOMS LIMITED at £535.3k based on a Turnover of £765.9k and 0.7x industry multiple (adjusted for size and gross margin).

aab customs limited Estimated Valuation

£449.5k

Pomanda estimates the enterprise value of AAB CUSTOMS LIMITED at £449.5k based on an EBITDA of £94.1k and a 4.78x industry multiple (adjusted for size and gross margin).

aab customs limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of AAB CUSTOMS LIMITED at £1.7m based on Net Assets of £394.8k and 4.19x industry multiple (adjusted for liquidity).

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Aab Customs Limited Overview

Aab Customs Limited is a live company located in leeds, LS1 2JG with a Companies House number of 11171480. It operates in the tax consultancy sector, SIC Code 69203. Founded in January 2018, it's largest shareholder is aab business & tax advisory llp with a 100% stake. Aab Customs Limited is a young, small sized company, Pomanda has estimated its turnover at £765.9k with rapid growth in recent years.

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Aab Customs Limited Health Check

Pomanda's financial health check has awarded Aab Customs Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £765.9k, make it larger than the average company (£212k)

£765.9k - Aab Customs Limited

£212k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 156%, show it is growing at a faster rate (8.2%)

156% - Aab Customs Limited

8.2% - Industry AVG

production

Production

with a gross margin of 46.7%, this company has a higher cost of product (80.3%)

46.7% - Aab Customs Limited

80.3% - Industry AVG

profitability

Profitability

an operating margin of 12.3% make it more profitable than the average company (6.2%)

12.3% - Aab Customs Limited

6.2% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Aab Customs Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.9k, the company has an equivalent pay structure (£50.9k)

£50.9k - Aab Customs Limited

£50.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.7k, this is more efficient (£87.7k)

£127.7k - Aab Customs Limited

£87.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 236 days, this is later than average (108 days)

236 days - Aab Customs Limited

108 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - Aab Customs Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Aab Customs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (24 weeks)

9 weeks - Aab Customs Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 24.9%, this is a lower level of debt than the average (54.9%)

24.9% - Aab Customs Limited

54.9% - Industry AVG

AAB CUSTOMS LIMITED financials

EXPORTms excel logo

Aab Customs Limited's latest turnover from March 2024 is estimated at £765.9 thousand and the company has net assets of £394.8 thousand. According to their latest financial statements, we estimate that Aab Customs Limited has 6 employees and maintains cash reserves of £24.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Oct 2021Oct 2020Jan 2020Jan 2019
Turnover765,940234,36745,564185,469
Other Income Or Grants
Cost Of Sales408,595138,68627,24592,357
Gross Profit357,34695,68118,31993,112
Admin Expenses263,278-299,26432,2875,355
Operating Profit94,068394,945-13,96887,757
Interest Payable
Interest Receivable3,2932,1525216
Pre-Tax Profit97,361397,096-13,91687,773
Tax-24,340-75,448-16,677
Profit After Tax73,021321,648-13,91671,096
Dividends Paid
Retained Profit73,021321,648-13,91671,096
Employee Costs305,340338,44974,32549,473
Number Of Employees6722
EBITDA*94,068394,945-13,63587,757

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Oct 2021Oct 2020Jan 2020Jan 2019
Tangible Assets998
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets998
Stock & work in progress
Trade Debtors495,344108,06326,112167,696
Group Debtors
Misc Debtors6,067330,376767852
Cash24,214101,25172,57532,3531002
misc current assets
total current assets525,625539,69099,454200,9011002
total assets525,625539,690100,452200,9011002
Bank overdraft
Bank loan
Trade Creditors 17515,11999449,922
Group/Directors Accounts63,892150,39111,05511,933
other short term finances
hp & lease commitments
other current liabilities66,74052,38330,93367,850
total current liabilities130,807217,89342,982129,705
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions4949190
total long term liabilities4949190
total liabilities130,856217,94243,172129,705
net assets394,769321,74857,28071,1961002
total shareholders funds394,769321,74857,28071,1961002
Mar 2024Mar 2023Oct 2021Oct 2020Jan 2020Jan 2019
Operating Activities
Operating Profit94,068394,945-13,96887,757
Depreciation333
Amortisation
Tax-24,340-75,448-16,677
Stock
Debtors62,972438,439-141,669168,548
Creditors-14,94415,119-48,92849,922
Accruals and Deferred Income14,35752,383-36,91767,850
Deferred Taxes & Provisions49190
Cash flow from operations6,169-51,39142,37920,304
Investing Activities
capital expenditure-1,331
Change in Investments
cash flow from investments-1,331
Financing Activities
Bank loans
Group/Directors Accounts-86,499150,391-87811,933
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10098982
interest3,2932,1525216
cash flow from financing-83,206152,643-82612,047982
cash and cash equivalents
cash-77,037101,25140,22232,351982
overdraft
change in cash-77,037101,25140,22232,351982

aab customs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Aab Customs Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for aab customs limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.

aab customs limited Ownership

AAB CUSTOMS LIMITED group structure

Aab Customs Limited has no subsidiary companies.

Ultimate parent company

1 parent

AAB CUSTOMS LIMITED

11171480

AAB CUSTOMS LIMITED Shareholders

aab business & tax advisory llp 100%

aab customs limited directors

Aab Customs Limited currently has 5 directors. The longest serving directors include Mr Derek Mitchell (Dec 2022) and Mr Douglas Martin (Dec 2022).

officercountryagestartendrole
Mr Derek MitchellScotland46 years Dec 2022- Director
Mr Douglas MartinScotland44 years Dec 2022- Director
Mr Gavin HigginsUnited Kingdom47 years Sep 2024- Director
Mr John BeeversScotland56 years Sep 2024- Director
Ms Alison JonesScotland53 years Jan 2025- Director

P&L

March 2024

turnover

765.9k

+227%

operating profit

94.1k

0%

gross margin

46.7%

+14.28%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

394.8k

+0.23%

total assets

525.6k

-0.03%

cash

24.2k

-0.76%

net assets

Total assets minus all liabilities

aab customs limited company details

company number

11171480

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

January 2018

age

7

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

charlton house (customs compliance) limited (September 2022)

tchaudit limited (July 2018)

accountant

-

auditor

-

address

gresham house, 5-7, st pauls street, leeds, west yorkshire, LS1 2JG

Bank

-

Legal Advisor

-

aab customs 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 did not find charges/mortgages relating to aab customs limited.

aab customs 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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aab customs limited Companies House Filings - See Documents

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