Pomanda estimates the enterprise value of APPROVED BUILDING PRODUCTS LTD at £78.4k based on a Turnover of £259k and 0.3x industry multiple (adjusted for size and gross margin).
approved building products ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of APPROVED BUILDING PRODUCTS LTD at £0 based on an EBITDA of £-58.5k and a 3.16x industry multiple (adjusted for size and gross margin).
approved building products ltdEstimated Valuation
£19.2k
Pomanda estimates the enterprise value of APPROVED BUILDING PRODUCTS LTD at £19.2k based on Net Assets of £9.7k and 1.99x industry multiple (adjusted for liquidity).
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Approved Building Products LtdOverview
Approved Building Products Ltd is a live company located in leeds, LS1 2ND with a Companies House number of 12120777. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in July 2019, it's largest shareholder is
claire horn
with a 100% stake. Approved Building Products Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£259k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Approved Building Products Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £259k, make it smaller than the average company (£14.7m)
£259k - Approved Building Products Ltd
£14.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (10.1%)
68% - Approved Building Products Ltd
10.1% - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (27.4%)
22% - Approved Building Products Ltd
27.4% - Industry AVG
Profitability
an operating margin of -24.7% make it less profitable than the average company (6%)
-24.7% - Approved Building Products Ltd
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (33)
2 - Approved Building Products Ltd
33 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
£37.3k - Approved Building Products Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £129.5k, this is less efficient (£337.1k)
£129.5k - Approved Building Products Ltd
£337.1k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (48 days)
51 days - Approved Building Products Ltd
48 days - Industry AVG
Creditor Days
its suppliers are paid after 122 days, this is slower than average (46 days)
122 days - Approved Building Products Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (60 days)
9 days - Approved Building Products Ltd
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is more cash available to meet short term requirements (4 weeks)
28 weeks - Approved Building Products Ltd
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.7%, this is a higher level of debt than the average (57.4%)
89.7% - Approved Building Products Ltd
57.4% - Industry AVG
APPROVED BUILDING PRODUCTS LTD financials
EXPORT
Approved Building Products Ltd's latest turnover from July 2023 is estimated at £259 thousand and the company has net assets of £9.7 thousand. According to their latest financial statements, Approved Building Products Ltd has 2 employees and maintains cash reserves of £36.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Turnover
259,010
613,039
105,703
54,884
Other Income Or Grants
Cost Of Sales
202,095
476,999
83,565
43,735
Gross Profit
56,916
136,040
22,137
11,150
Admin Expenses
121,028
100,096
17,804
-37,643
Operating Profit
-64,112
35,944
4,333
48,793
Interest Payable
Interest Receivable
1,018
525
81
41
Pre-Tax Profit
-63,094
36,469
4,414
48,833
Tax
-6,929
-839
-9,278
Profit After Tax
-63,094
29,540
3,575
39,555
Dividends Paid
Retained Profit
-63,094
29,540
3,575
39,555
Employee Costs
74,610
73,109
35,411
34,752
Number Of Employees
2
2
1
1
EBITDA*
-58,453
37,553
4,395
48,856
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Tangible Assets
15,371
4,826
125
187
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,371
4,826
125
187
Stock & work in progress
5,227
21,845
18,396
3,672
Trade Debtors
36,656
181,803
16,376
342
Group Debtors
Misc Debtors
Cash
36,630
4,092
79,887
81,199
misc current assets
total current assets
78,513
207,740
114,659
85,213
total assets
93,884
212,566
114,784
85,400
Bank overdraft
Bank loan
Trade Creditors
67,801
117,997
48,637
45,745
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
67,801
117,997
48,637
45,745
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
13,333
20,834
22,917
provisions
3,074
965
total long term liabilities
16,407
21,799
22,917
total liabilities
84,208
139,796
71,554
45,745
net assets
9,676
72,770
43,230
39,655
total shareholders funds
9,676
72,770
43,230
39,655
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Operating Activities
Operating Profit
-64,112
35,944
4,333
48,793
Depreciation
5,659
1,609
62
63
Amortisation
Tax
-6,929
-839
-9,278
Stock
-16,618
3,449
14,724
3,672
Debtors
-145,147
165,427
16,034
342
Creditors
-50,196
69,360
2,892
45,745
Accruals and Deferred Income
Deferred Taxes & Provisions
2,109
965
Cash flow from operations
55,225
-67,927
-24,310
81,309
Investing Activities
capital expenditure
-16,204
-6,310
-250
Change in Investments
cash flow from investments
-16,204
-6,310
-250
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,501
-2,083
22,917
share issue
100
interest
1,018
525
81
41
cash flow from financing
-6,483
-1,558
22,998
141
cash and cash equivalents
cash
32,538
-75,795
-1,312
81,199
overdraft
change in cash
32,538
-75,795
-1,312
81,199
approved building products 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 approved building products ltd. Get real-time insights into approved building products ltd's credit score, group structure and payment trends.
Approved Building Products Ltd Competitor Analysis
Perform a competitor analysis for approved building products ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in LS1 area or any other competitors across 12 key performance metrics.
approved building products ltd Ownership
APPROVED BUILDING PRODUCTS LTD group structure
Approved Building Products Ltd has no subsidiary companies.
Ultimate parent company
APPROVED BUILDING PRODUCTS LTD
12120777
APPROVED BUILDING PRODUCTS LTD Shareholders
The sole shareholder of Approved Building Products Ltd is Claire Horn.
claire horn
100%
approved building products ltd directors
Approved Building Products Ltd currently has 2 directors.
The longest serving directors include
Mr Stephen Horn (Jul 2019) and
Mrs Claire Horn (Oct 2024).
46130 - Agents involved in the sale of timber and building materials
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
July 2023
previous names
applied building products ltd (July 2019)
accountant
-
auditor
-
address
st paul's house 23 park square, leeds, LS1 2ND
Bank
-
Legal Advisor
-
approved building products 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 approved building products ltd.
approved building products 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 APPROVED BUILDING PRODUCTS LTD. This can take several minutes, an email will notify you when this has completed.
approved building products ltdCompanies House Filings - See Documents
