absta ventures group ltd
absta ventures group ltd Company Information
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
the movements house, hertford road, barking, IG11 8DY
Website
-absta ventures group ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSTA VENTURES GROUP LTD at £44.5k based on a Turnover of £80.7k and 0.55x industry multiple (adjusted for size and gross margin).
absta ventures group ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSTA VENTURES GROUP LTD at £19.1k based on an EBITDA of £4.5k and a 4.22x industry multiple (adjusted for size and gross margin).
absta ventures group ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSTA VENTURES GROUP LTD at £11.4k based on Net Assets of £4.3k and 2.68x industry multiple (adjusted for liquidity).
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Absta Ventures Group Ltd Overview
Absta Ventures Group Ltd is a live company located in barking, IG11 8DY with a Companies House number of 11295954. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2018, it's largest shareholder is gareth jones with a 100% stake. Absta Ventures Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £80.7k with high growth in recent years.
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Absta Ventures Group Ltd Health Check
Pomanda's financial health check has awarded Absta Ventures Group Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £80.7k, make it smaller than the average company (£407.7k)
- Absta Ventures Group Ltd
£407.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.2%)
- Absta Ventures Group Ltd
6.2% - Industry AVG
Production
with a gross margin of 59%, this company has a comparable cost of product (59%)
- Absta Ventures Group Ltd
59% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (8.5%)
- Absta Ventures Group Ltd
8.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Absta Ventures Group Ltd
5 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Absta Ventures Group Ltd
£48k - Industry AVG
Efficiency
resulting in sales per employee of £80.7k, this is less efficient (£119.4k)
- Absta Ventures Group Ltd
£119.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Absta Ventures Group Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (27 days)
- Absta Ventures Group Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Absta Ventures Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (26 weeks)
34 weeks - Absta Ventures Group Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (55.4%)
93% - Absta Ventures Group Ltd
55.4% - Industry AVG
ABSTA VENTURES GROUP LTD financials
Absta Ventures Group Ltd's latest turnover from April 2023 is estimated at £80.7 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Absta Ventures Group Ltd has 1 employee and maintains cash reserves of £8.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 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 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,473 | 200 | 1,227 | 2,053 | 1,875 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,473 | 200 | 1,227 | 2,053 | 1,875 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 8,484 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 49,433 | 40,383 | 42,481 | 0 | 0 |
| Cash | 8,920 | 20,185 | 18,379 | 41,404 | 78,817 |
| misc current assets | 0 | 0 | 241 | 0 | 0 |
| total current assets | 58,353 | 60,568 | 61,101 | 49,888 | 78,817 |
| total assets | 60,826 | 60,768 | 62,328 | 51,941 | 80,692 |
| Bank overdraft | 1,320 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,383 | 2,965 | 2,990 | 16,803 | 27,594 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,594 | 3,650 | 120 | 0 | 0 |
| total current liabilities | 13,297 | 6,615 | 3,110 | 16,803 | 27,594 |
| loans | 43,269 | 48,651 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 50,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,269 | 48,651 | 50,000 | 0 | 0 |
| total liabilities | 56,566 | 55,266 | 53,110 | 16,803 | 27,594 |
| net assets | 4,260 | 5,502 | 9,218 | 35,138 | 53,098 |
| total shareholders funds | 4,260 | 5,502 | 9,218 | 35,138 | 53,098 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,598 | 1,027 | 826 | 826 | 625 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 9,050 | -2,098 | 33,997 | 8,484 | 0 |
| Creditors | 1,418 | -25 | -13,813 | -10,791 | 27,594 |
| Accruals and Deferred Income | 3,944 | 3,530 | 120 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,382 | 48,651 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -50,000 | 50,000 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -11,265 | 1,806 | -23,025 | -37,413 | 78,817 |
| overdraft | 1,320 | 0 | 0 | 0 | 0 |
| change in cash | -12,585 | 1,806 | -23,025 | -37,413 | 78,817 |
absta ventures group ltd Credit Report and Business Information
Absta Ventures Group Ltd Competitor Analysis
Perform a competitor analysis for absta ventures group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG11 area or any other competitors across 12 key performance metrics.
absta ventures group ltd Ownership
ABSTA VENTURES GROUP LTD group structure
Absta Ventures Group Ltd has no subsidiary companies.
Ultimate parent company
ABSTA VENTURES GROUP LTD
11295954
absta ventures group ltd directors
Absta Ventures Group Ltd currently has 1 director, Mr Gareth Jones serving since Jan 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Jones | 52 years | Jan 2024 | - | Director |
P&L
April 2023turnover
80.7k
+11%
operating profit
2.9k
0%
gross margin
59%
-3.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
4.3k
-0.23%
total assets
60.8k
0%
cash
8.9k
-0.56%
net assets
Total assets minus all liabilities
absta ventures group ltd company details
company number
11295954
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
the movements house, hertford road, barking, IG11 8DY
Bank
-
Legal Advisor
-
absta ventures group 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 absta ventures group ltd.
absta ventures group 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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absta ventures group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
