Pomanda estimates the enterprise value of 308 ABILITY LTD at £369.2k based on a Turnover of £117.2k and 3.15x industry multiple (adjusted for size and gross margin).
308 ability ltdEstimated Valuation
£102.8k
Pomanda estimates the enterprise value of 308 ABILITY LTD at £102.8k based on an EBITDA of £16.8k and a 6.13x industry multiple (adjusted for size and gross margin).
308 ability ltdEstimated Valuation
£70.6k
Pomanda estimates the enterprise value of 308 ABILITY LTD at £70.6k based on Net Assets of £41.9k and 1.68x industry multiple (adjusted for liquidity).
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308 Ability LtdOverview
308 Ability Ltd is a live company located in elland, HX5 0RY with a Companies House number of 11518973. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2018, it's largest shareholder is
forever partnerships ltd
with a 100% stake. 308 Ability Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£117.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded 308 Ability Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £117.2k, make it smaller than the average company (£713.1k)
£117.2k - 308 Ability Ltd
£713.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (1.2%)
-14% - 308 Ability Ltd
1.2% - Industry AVG
Production
with a gross margin of 72.3%, this company has a comparable cost of product (72.3%)
72.3% - 308 Ability Ltd
72.3% - Industry AVG
Profitability
an operating margin of 14% make it less profitable than the average company (45%)
14% - 308 Ability Ltd
45% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - 308 Ability Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.1k, the company has an equivalent pay structure (£30.1k)
£30.1k - 308 Ability Ltd
£30.1k - Industry AVG
Efficiency
resulting in sales per employee of £117.2k, this is less efficient (£158.1k)
£117.2k - 308 Ability Ltd
£158.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - 308 Ability Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 273 days, this is slower than average (38 days)
273 days - 308 Ability Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 308 Ability Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - 308 Ability Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.4%, this is a higher level of debt than the average (66.2%)
79.4% - 308 Ability Ltd
66.2% - Industry AVG
308 ABILITY LTD financials
EXPORT
308 Ability Ltd's latest turnover from August 2022 is estimated at £117.2 thousand and the company has net assets of £41.9 thousand. According to their latest financial statements, 308 Ability Ltd has 1 employee and maintains cash reserves of £3.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Turnover
117,241
221,025
340,685
183,581
Other Income Or Grants
Cost Of Sales
32,429
64,765
95,432
55,206
Gross Profit
84,812
156,259
245,254
128,375
Admin Expenses
68,381
155,129
180,789
146,875
Operating Profit
16,431
1,130
64,465
-18,500
Interest Payable
3,384
3,002
1,525
Interest Receivable
864
60
12
Pre-Tax Profit
13,911
-1,813
62,952
-18,500
Tax
-2,643
-11,961
Profit After Tax
11,268
-1,813
50,991
-18,500
Dividends Paid
Retained Profit
11,268
-1,813
50,991
-18,500
Employee Costs
30,131
27,261
54,518
55,332
Number Of Employees
1
1
2
2
EBITDA*
16,769
1,552
64,994
-17,504
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Tangible Assets
8,992
9,330
9,752
2,640
Intangible Assets
3,020
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,992
9,330
9,752
5,660
Stock & work in progress
Trade Debtors
40,536
Group Debtors
Misc Debtors
190,923
185,866
170,659
132,079
Cash
3,622
95,119
24,189
53
misc current assets
total current assets
194,545
280,985
235,384
132,132
total assets
203,537
290,315
245,136
137,792
Bank overdraft
9,788
9,547
Bank loan
Trade Creditors
24,344
133,456
45,171
5,190
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
98,277
77,647
117,353
151,100
total current liabilities
132,409
220,650
162,524
156,290
loans
29,097
38,885
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
83
100
119
total long term liabilities
29,180
38,985
50,119
total liabilities
161,589
259,635
212,643
156,290
net assets
41,948
30,680
32,493
-18,498
total shareholders funds
41,948
30,680
32,493
-18,498
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Operating Activities
Operating Profit
16,431
1,130
64,465
-18,500
Depreciation
338
422
528
660
Amortisation
1
336
Tax
-2,643
-11,961
Stock
Debtors
5,057
-25,329
79,116
132,079
Creditors
-109,112
88,285
39,981
5,190
Accruals and Deferred Income
20,630
-39,706
-33,747
151,100
Deferred Taxes & Provisions
-17
-19
119
Cash flow from operations
-79,430
75,441
-19,730
6,707
Investing Activities
capital expenditure
-4,621
-6,656
Change in Investments
cash flow from investments
-4,621
-6,656
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,788
-11,115
50,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
-2,520
-2,942
-1,513
cash flow from financing
-12,308
-14,057
48,487
2
cash and cash equivalents
cash
-91,497
70,930
24,136
53
overdraft
241
9,547
change in cash
-91,738
61,383
24,136
53
308 ability ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 308 ability ltd. Get real-time insights into 308 ability ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 308 ability ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HX5 area or any other competitors across 12 key performance metrics.
308 ability ltd Ownership
308 ABILITY LTD group structure
308 Ability Ltd has no subsidiary companies.
Ultimate parent company
308 ABILITY LTD
11518973
308 ABILITY LTD Shareholders
The sole shareholder of 308 Ability Ltd is Forever Partnerships Ltd.
forever partnerships ltd
100%
308 ability ltd directors
308 Ability Ltd currently has 1 director, Mr Robin Gadsby serving since Jan 2019.
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 308 ability ltd.
308 ability 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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308 ability ltdCompanies House Filings - See Documents
