abec (group) ltd
abec (group) ltd Company Information
Company Number
13152619
Next Accounts
Dec 2025
Shareholders
matthew morrall
paul morrall
View AllGroup Structure
View All
Industry
Activities of construction holding companies
Registered Address
7 miller court severn drive, tewkesbury business park, tewkesbury, gloucestershire, GL20 8DN
Website
abec.co.ukabec (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEC (GROUP) LTD at £27.1m based on a Turnover of £18.1m and 1.49x industry multiple (adjusted for size and gross margin).
abec (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEC (GROUP) LTD at £7.9m based on an EBITDA of £1.2m and a 6.49x industry multiple (adjusted for size and gross margin).
abec (group) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABEC (GROUP) LTD at £3.9m based on Net Assets of £2.2m and 1.73x industry multiple (adjusted for liquidity).
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Abec (group) Ltd Overview
Abec (group) Ltd is a live company located in tewkesbury, GL20 8DN with a Companies House number of 13152619. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in January 2021, it's largest shareholder is matthew morrall with a 62.7% stake. Abec (group) Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £18.1m with unknown growth in recent years.
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Abec (group) Ltd Health Check
Pomanda's financial health check has awarded Abec (Group) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £18.1m, make it smaller than the average company (£24.8m)
£18.1m - Abec (group) Ltd
£24.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Abec (group) Ltd
- - Industry AVG
Production
with a gross margin of 19.7%, this company has a comparable cost of product (17%)
19.7% - Abec (group) Ltd
17% - Industry AVG
Profitability
an operating margin of 5.9% make it more profitable than the average company (4.5%)
5.9% - Abec (group) Ltd
4.5% - Industry AVG
Employees
with 47 employees, this is below the industry average (80)
47 - Abec (group) Ltd
80 - Industry AVG
Pay Structure
on an average salary of £71.7k, the company has a higher pay structure (£53.4k)
£71.7k - Abec (group) Ltd
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £386.1k, this is equally as efficient (£341.5k)
£386.1k - Abec (group) Ltd
£341.5k - Industry AVG
Debtor Days
it gets paid by customers after 114 days, this is later than average (51 days)
114 days - Abec (group) Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (42 days)
131 days - Abec (group) Ltd
42 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (14 days)
5 days - Abec (group) Ltd
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (21 weeks)
9 weeks - Abec (group) Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.2%, this is a higher level of debt than the average (61.8%)
71.2% - Abec (group) Ltd
61.8% - Industry AVG
ABEC (GROUP) LTD financials
Abec (Group) Ltd's latest turnover from March 2024 is £18.1 million and the company has net assets of £2.2 million. According to their latest financial statements, Abec (Group) Ltd has 47 employees and maintains cash reserves of £925.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Turnover | 18,146,186 | 13,038,815 | |
| Other Income Or Grants | |||
| Cost Of Sales | 14,567,938 | 9,764,942 | |
| Gross Profit | 3,578,248 | 3,273,873 | |
| Admin Expenses | 2,514,065 | 1,790,886 | |
| Operating Profit | 1,064,183 | 1,482,987 | |
| Interest Payable | 20,539 | 11,431 | |
| Interest Receivable | 26,693 | ||
| Pre-Tax Profit | 1,043,644 | 1,498,249 | |
| Tax | -167,855 | -169,158 | |
| Profit After Tax | 875,789 | 1,329,091 | |
| Dividends Paid | |||
| Retained Profit | 875,789 | 1,329,091 | |
| Employee Costs | 3,370,359 | 3,597,853 | |
| Number Of Employees | 47 | 47 | 2 |
| EBITDA* | 1,217,243 | 1,601,250 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | 91,793 | 83,724 | |
| Intangible Assets | 816,743 | 933,421 | |
| Investments & Other | 1,468,657 | ||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 908,536 | 1,017,145 | 1,468,657 |
| Stock & work in progress | 224,369 | 567,511 | |
| Trade Debtors | 5,703,549 | 4,300,265 | |
| Group Debtors | 82,689 | ||
| Misc Debtors | |||
| Cash | 925,304 | 650,189 | |
| misc current assets | |||
| total current assets | 6,853,222 | 5,517,965 | 82,689 |
| total assets | 7,761,758 | 6,535,110 | 1,551,346 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 5,257,285 | 3,754,261 | |
| Group/Directors Accounts | 1 | ||
| other short term finances | 82,689 | ||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 5,257,285 | 3,754,261 | 82,690 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 263,940 | 195,544 | |
| provisions | 3,291 | 936 | |
| total long term liabilities | 267,231 | 196,480 | |
| total liabilities | 5,524,516 | 3,950,741 | 82,690 |
| net assets | 2,237,242 | 2,584,369 | 1,468,656 |
| total shareholders funds | 2,237,242 | 2,584,369 | 1,468,656 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 1,064,183 | 1,482,987 | |
| Depreciation | 36,382 | 1,585 | |
| Amortisation | 116,678 | 116,678 | |
| Tax | -167,855 | -169,158 | |
| Stock | -343,142 | 567,511 | |
| Debtors | 1,403,284 | 4,217,576 | 82,689 |
| Creditors | 1,503,024 | 3,754,261 | |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | 2,355 | 936 | |
| Cash flow from operations | 1,494,625 | 402,202 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -1,468,657 | 1,468,657 | |
| cash flow from investments | 1,468,657 | ||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -1 | 1 | |
| Other Short Term Loans | -82,689 | 82,689 | |
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 68,396 | 195,544 | |
| share issue | |||
| interest | -20,539 | 15,262 | |
| cash flow from financing | -1,175,059 | -85,262 | |
| cash and cash equivalents | |||
| cash | 275,115 | 650,189 | |
| overdraft | |||
| change in cash | 275,115 | 650,189 |
abec (group) ltd Credit Report and Business Information
Abec (group) Ltd Competitor Analysis
Perform a competitor analysis for abec (group) ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in GL20 area or any other competitors across 12 key performance metrics.
abec (group) ltd Ownership
ABEC (GROUP) LTD group structure
Abec (Group) Ltd has 1 subsidiary company.
abec (group) ltd directors
Abec (Group) Ltd currently has 3 directors. The longest serving directors include Mr Matthew Litten (Jan 2021) and Mr Matthew Morrall (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Litten | United Kingdom | 34 years | Jan 2021 | - | Director |
| Mr Matthew Morrall | United Kingdom | 50 years | Jan 2021 | - | Director |
| Mr Andrew Shaw | 45 years | Jan 2025 | - | Director |
P&L
March 2024turnover
18.1m
+39%
operating profit
1.1m
-28%
gross margin
19.8%
-21.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.2m
-0.13%
total assets
7.8m
+0.19%
cash
925.3k
+0.42%
net assets
Total assets minus all liabilities
Similar Companies
abec (group) ltd company details
company number
13152619
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
January 2021
age
4
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
HAZLEWOODS LLP
address
7 miller court severn drive, tewkesbury business park, tewkesbury, gloucestershire, GL20 8DN
Bank
-
Legal Advisor
-
abec (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 abec (group) ltd.
abec (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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abec (group) ltd Companies House Filings - See Documents
| date | description | view/download |
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