affordable contractors north west ltd
affordable contractors north west ltd Company Information
Company Number
11727611
Website
-Registered Address
61 warrington road, wigan, WN2 5PH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Directors
Lee Moffitt5 Years
Shareholders
lee moffitt 100%
affordable contractors north west ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFORDABLE CONTRACTORS NORTH WEST LTD at £214.3k based on a Turnover of £96.4k and 2.22x industry multiple (adjusted for size and gross margin).
affordable contractors north west ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFORDABLE CONTRACTORS NORTH WEST LTD at £101.4k based on an EBITDA of £20k and a 5.08x industry multiple (adjusted for size and gross margin).
affordable contractors north west ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFORDABLE CONTRACTORS NORTH WEST LTD at £0 based on Net Assets of £-17.3k and 1.62x industry multiple (adjusted for liquidity).
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Affordable Contractors North West Ltd Overview
Affordable Contractors North West Ltd is a live company located in wigan, WN2 5PH with a Companies House number of 11727611. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2018, it's largest shareholder is lee moffitt with a 100% stake. Affordable Contractors North West Ltd is a young, micro sized company, Pomanda has estimated its turnover at £96.4k with declining growth in recent years.
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Affordable Contractors North West Ltd Health Check
Pomanda's financial health check has awarded Affordable Contractors North West Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
9 Weak
Size
annual sales of £96.4k, make it smaller than the average company (£994.7k)
- Affordable Contractors North West Ltd
£994.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (3.3%)
- Affordable Contractors North West Ltd
3.3% - Industry AVG
Production
with a gross margin of 31%, this company has a higher cost of product (74%)
- Affordable Contractors North West Ltd
74% - Industry AVG
Profitability
an operating margin of 20.3% make it less profitable than the average company (25.8%)
- Affordable Contractors North West Ltd
25.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Affordable Contractors North West Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Affordable Contractors North West Ltd
£33k - Industry AVG
Efficiency
resulting in sales per employee of £96.4k, this is less efficient (£199k)
- Affordable Contractors North West Ltd
£199k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (32 days)
- Affordable Contractors North West Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 753 days, this is slower than average (35 days)
- Affordable Contractors North West Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Affordable Contractors North West Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Affordable Contractors North West Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.3%, this is a higher level of debt than the average (69.4%)
102.3% - Affordable Contractors North West Ltd
69.4% - Industry AVG
AFFORDABLE CONTRACTORS NORTH WEST LTD financials
Affordable Contractors North West Ltd's latest turnover from December 2023 is estimated at £96.4 thousand and the company has net assets of -£17.3 thousand. According to their latest financial statements, we estimate that Affordable Contractors North West Ltd has 1 employee and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 733 | 1,173 | 1,613 | 290,503 | 163,763 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 727,864 | 606,529 | 445,582 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 728,597 | 607,702 | 447,195 | 290,503 | 163,763 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 15,497 | 15,917 | 48,699 | 43,755 | 601 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 9,971 | 31,447 | 10,002 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,468 | 47,364 | 58,701 | 43,755 | 601 |
| total assets | 754,065 | 655,066 | 505,896 | 334,258 | 164,364 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 137,380 | 114,712 | 115,499 | 106,808 | 103,179 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 137,380 | 114,712 | 115,499 | 106,808 | 103,179 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 633,954 | 573,055 | 421,853 | 236,135 | 61,330 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 633,954 | 573,055 | 421,853 | 236,135 | 61,330 |
| total liabilities | 771,334 | 687,767 | 537,352 | 342,943 | 164,509 |
| net assets | -17,269 | -32,701 | -31,456 | -8,685 | -145 |
| total shareholders funds | -17,269 | -32,701 | -31,456 | -8,685 | -145 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 440 | 440 | 147 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -420 | -32,782 | 4,944 | 43,154 | 601 |
| Creditors | 22,668 | -787 | 8,691 | 3,629 | 103,179 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 121,335 | 160,947 | 445,582 | 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 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 60,899 | 151,202 | 185,718 | 174,805 | 61,330 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -21,476 | 21,445 | 10,002 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -21,476 | 21,445 | 10,002 | 0 | 0 |
affordable contractors north west ltd Credit Report and Business Information
Affordable Contractors North West Ltd Competitor Analysis
Perform a competitor analysis for affordable contractors north west ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WN2 area or any other competitors across 12 key performance metrics.
affordable contractors north west ltd Ownership
AFFORDABLE CONTRACTORS NORTH WEST LTD group structure
Affordable Contractors North West Ltd has no subsidiary companies.
Ultimate parent company
AFFORDABLE CONTRACTORS NORTH WEST LTD
11727611
affordable contractors north west ltd directors
Affordable Contractors North West Ltd currently has 1 director, Mr Lee Moffitt serving since Dec 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Moffitt | England | 56 years | Dec 2018 | - | Director |
P&L
December 2023turnover
96.4k
+2%
operating profit
19.5k
0%
gross margin
31.1%
+24.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-17.3k
-0.47%
total assets
754.1k
+0.15%
cash
10k
-0.68%
net assets
Total assets minus all liabilities
affordable contractors north west ltd company details
company number
11727611
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
E M ACCOUNTANCY LIMITED
auditor
-
address
61 warrington road, wigan, WN2 5PH
Bank
-
Legal Advisor
-
affordable contractors north west 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 found 14 charges/mortgages relating to affordable contractors north west ltd. Currently there are 12 open charges and 2 have been satisfied in the past.
affordable contractors north west ltd Companies House Filings - See Documents
| date | description | view/download |
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