advanced contracts solutions limited
advanced contracts solutions limited Company Information
Company Number
11716381
Website
www.advance.onlineRegistered Address
unit 20 darren drive, prince of wales industrial estat, newport, NP11 5AR
Industry
Electrical installation
Telephone
01244564564
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
advanced contracts solutions holdings limited 100%
advanced contracts solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CONTRACTS SOLUTIONS LIMITED at £379.1k based on a Turnover of £795.7k and 0.48x industry multiple (adjusted for size and gross margin).
advanced contracts solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CONTRACTS SOLUTIONS LIMITED at £0 based on an EBITDA of £-6.7k and a 5.21x industry multiple (adjusted for size and gross margin).
advanced contracts solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CONTRACTS SOLUTIONS LIMITED at £341.6k based on Net Assets of £155.6k and 2.2x industry multiple (adjusted for liquidity).
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Advanced Contracts Solutions Limited Overview
Advanced Contracts Solutions Limited is a live company located in newport, NP11 5AR with a Companies House number of 11716381. It operates in the electrical installation sector, SIC Code 43210. Founded in December 2018, it's largest shareholder is advanced contracts solutions holdings limited with a 100% stake. Advanced Contracts Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £795.7k with declining growth in recent years.
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Advanced Contracts Solutions Limited Health Check
Pomanda's financial health check has awarded Advanced Contracts Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £795.7k, make it in line with the average company (£838.8k)
- Advanced Contracts Solutions Limited
£838.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.4%)
- Advanced Contracts Solutions Limited
8.4% - Industry AVG
Production
with a gross margin of 25%, this company has a comparable cost of product (25%)
- Advanced Contracts Solutions Limited
25% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (6.6%)
- Advanced Contracts Solutions Limited
6.6% - Industry AVG
Employees
with 14 employees, this is similar to the industry average (12)
14 - Advanced Contracts Solutions Limited
12 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Advanced Contracts Solutions Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £56.8k, this is less efficient (£135.6k)
- Advanced Contracts Solutions Limited
£135.6k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (57 days)
- Advanced Contracts Solutions Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (42 days)
- Advanced Contracts Solutions Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advanced Contracts Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (23 weeks)
65 weeks - Advanced Contracts Solutions Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.8%, this is a lower level of debt than the average (61%)
48.8% - Advanced Contracts Solutions Limited
61% - Industry AVG
ADVANCED CONTRACTS SOLUTIONS LIMITED financials
Advanced Contracts Solutions Limited's latest turnover from November 2023 is estimated at £795.7 thousand and the company has net assets of £155.6 thousand. According to their latest financial statements, Advanced Contracts Solutions Limited has 14 employees and maintains cash reserves of £183.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 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 | 14 | 11 | 9 | 11 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 12,160 | 31,110 | 39,203 | 28,801 | 35,210 |
| 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 | 12,160 | 31,110 | 39,203 | 28,801 | 35,210 |
| Stock & work in progress | 0 | 0 | 0 | 62,540 | 62,540 |
| Trade Debtors | 83,110 | 141,059 | 462,892 | 92,193 | 167,401 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 25,511 | 26,637 | 710 | 22,094 | 28,247 |
| Cash | 183,134 | 184,746 | 0 | 209,713 | 82,984 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 291,755 | 352,442 | 463,602 | 386,540 | 341,172 |
| total assets | 303,915 | 383,552 | 502,805 | 415,341 | 376,382 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 52,282 | 50,581 | 186,495 | 44,575 | 60,833 |
| Group/Directors Accounts | 0 | 84,642 | 0 | 59,082 | 109,919 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 93,268 | 86,556 | 0 | 64,998 | 56,182 |
| total current liabilities | 145,550 | 221,779 | 186,495 | 168,655 | 226,934 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 1,065 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,798 | 5,911 | 7,449 | 5,472 | 6,690 |
| total long term liabilities | 2,798 | 5,911 | 8,514 | 5,472 | 6,690 |
| total liabilities | 148,348 | 227,690 | 195,009 | 174,127 | 233,624 |
| net assets | 155,567 | 155,862 | 307,796 | 241,214 | 142,758 |
| total shareholders funds | 155,567 | 155,862 | 307,796 | 241,214 | 142,758 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,820 | 9,601 | 11,739 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | -62,540 | 0 | 62,540 |
| Debtors | -59,075 | -295,906 | 349,315 | -81,361 | 195,648 |
| Creditors | 1,701 | -135,914 | 141,920 | -16,258 | 60,833 |
| Accruals and Deferred Income | 6,712 | 85,491 | -63,933 | 8,816 | 56,182 |
| Deferred Taxes & Provisions | -3,113 | -1,538 | 1,977 | -1,218 | 6,690 |
| 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 | -84,642 | 84,642 | -59,082 | -50,837 | 109,919 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -1,612 | 184,746 | -209,713 | 126,729 | 82,984 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,612 | 184,746 | -209,713 | 126,729 | 82,984 |
advanced contracts solutions limited Credit Report and Business Information
Advanced Contracts Solutions Limited Competitor Analysis
Perform a competitor analysis for advanced contracts solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NP11 area or any other competitors across 12 key performance metrics.
advanced contracts solutions limited Ownership
ADVANCED CONTRACTS SOLUTIONS LIMITED group structure
Advanced Contracts Solutions Limited has no subsidiary companies.
Ultimate parent company
1 parent
ADVANCED CONTRACTS SOLUTIONS LIMITED
11716381
advanced contracts solutions limited directors
Advanced Contracts Solutions Limited currently has 5 directors. The longest serving directors include Mr Brendan Cowell (Dec 2018) and Mr Robert Hurd (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendan Cowell | 36 years | Dec 2018 | - | Director | |
| Mr Robert Hurd | United Kingdom | 38 years | Feb 2023 | - | Director |
| Mr Adam Phillips | United Kingdom | 37 years | Feb 2023 | - | Director |
| Mr Matthew Hiscox | Wales | 46 years | Feb 2023 | - | Director |
| Mr Graham Hurd | United Kingdom | 41 years | Feb 2023 | - | Director |
P&L
November 2023turnover
795.7k
0%
operating profit
-9.5k
0%
gross margin
25.1%
+0.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
155.6k
0%
total assets
303.9k
-0.21%
cash
183.1k
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
advanced contracts solutions limited company details
company number
11716381
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
December 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
unit 20 darren drive, prince of wales industrial estat, newport, NP11 5AR
accountant
EVANS ENTWISTLE
auditor
-
advanced contracts solutions 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 advanced contracts solutions limited.
advanced contracts solutions limited Companies House Filings - See Documents
| date | description | view/download |
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