abacus partners ltd
abacus partners ltd Company Information
Group Structure
View All
Industry
Bookkeeping activities
+1Registered Address
unit a, abbotts wharf, 93 stainsby road, london, E14 6JL
Website
abacusllp.co.ukabacus partners ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS LTD at £29.9k based on a Turnover of £58.3k and 0.51x industry multiple (adjusted for size and gross margin).
abacus partners ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS LTD at £8.8k based on an EBITDA of £3.1k and a 2.85x industry multiple (adjusted for size and gross margin).
abacus partners ltd Estimated Valuation
Pomanda estimates the enterprise value of ABACUS PARTNERS LTD at £78.1k based on Net Assets of £19.6k and 3.97x industry multiple (adjusted for liquidity).
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Abacus Partners Ltd Overview
Abacus Partners Ltd is a live company located in london, E14 6JL with a Companies House number of 11187986. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in February 2018, it's largest shareholder is nur chowdhury with a 100% stake. Abacus Partners Ltd is a young, micro sized company, Pomanda has estimated its turnover at £58.3k with declining growth in recent years.
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Abacus Partners Ltd Health Check
Pomanda's financial health check has awarded Abacus Partners Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £58.3k, make it smaller than the average company (£139k)
- Abacus Partners Ltd
£139k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (6.3%)
- Abacus Partners Ltd
6.3% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (70.4%)
- Abacus Partners Ltd
70.4% - Industry AVG
Profitability
an operating margin of 5.3% make it as profitable than the average company (4.6%)
- Abacus Partners Ltd
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Abacus Partners Ltd
3 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- Abacus Partners Ltd
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £29.2k, this is less efficient (£71.3k)
- Abacus Partners Ltd
£71.3k - Industry AVG
Debtor Days
it gets paid by customers after 169 days, this is later than average (82 days)
- Abacus Partners Ltd
82 days - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (19 days)
- Abacus Partners Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abacus Partners Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Partners Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.7%, this is a lower level of debt than the average (65%)
27.7% - Abacus Partners Ltd
65% - Industry AVG
ABACUS PARTNERS LTD financials
Abacus Partners Ltd's latest turnover from March 2024 is estimated at £58.3 thousand and the company has net assets of £19.6 thousand. According to their latest financial statements, Abacus Partners Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | 27,158 | 30,377 | 20,016 | 59,511 | 11,584 | 13,328 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 27,158 | 30,377 | 20,016 | 59,511 | 11,584 | 13,328 |
| total assets | 27,158 | 30,377 | 20,016 | 59,511 | 11,584 | 13,328 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 7,513 | 13,057 | 2,501 | 28,076 | 2,009 | 2,703 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 7,513 | 13,057 | 2,501 | 28,076 | 2,009 | 2,703 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 1,000 | |||||
| other liabilities | 12,000 | |||||
| provisions | ||||||
| total long term liabilities | 12,000 | 1,000 | ||||
| total liabilities | 7,513 | 13,057 | 2,501 | 40,076 | 2,009 | 3,703 |
| net assets | 19,645 | 17,320 | 17,515 | 19,435 | 9,575 | 9,625 |
| total shareholders funds | 19,645 | 17,320 | 17,515 | 19,435 | 9,575 | 9,625 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -3,219 | 10,361 | -39,495 | 47,927 | -1,744 | 13,328 |
| Creditors | -5,544 | 10,556 | -25,575 | 26,067 | -694 | 2,703 |
| Accruals and Deferred Income | -1,000 | 1,000 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -12,000 | 12,000 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
abacus partners ltd Credit Report and Business Information
Abacus Partners Ltd Competitor Analysis
Perform a competitor analysis for abacus partners ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E14 area or any other competitors across 12 key performance metrics.
abacus partners ltd Ownership
ABACUS PARTNERS LTD group structure
Abacus Partners Ltd has no subsidiary companies.
Ultimate parent company
ABACUS PARTNERS LTD
11187986
abacus partners ltd directors
Abacus Partners Ltd currently has 1 director, Mr Nur Chowdhury serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nur Chowdhury | United Kingdom | 62 years | Feb 2018 | - | Director |
P&L
March 2024turnover
58.3k
-3%
operating profit
3.1k
0%
gross margin
25.9%
-29.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
19.6k
+0.13%
total assets
27.2k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
abacus partners ltd company details
company number
11187986
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69203 - Tax consultancy
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit a, abbotts wharf, 93 stainsby road, london, E14 6JL
Bank
-
Legal Advisor
-
abacus partners 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 abacus partners ltd.
abacus partners 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 ABACUS PARTNERS LTD. This can take several minutes, an email will notify you when this has completed.
abacus partners ltd Companies House Filings - See Documents
| date | description | view/download |
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