able piling & construction limited
able piling & construction limited Company Information
Company Number
13759816
Next Accounts
Sep 2025
Shareholders
franki foundations uk limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
unit 2, sharlands industrial estate, fareham, hampshire, PO14 1RD
Website
-able piling & construction limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE PILING & CONSTRUCTION LIMITED at £450.6k based on a Turnover of £1.1m and 0.41x industry multiple (adjusted for size and gross margin).
able piling & construction limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE PILING & CONSTRUCTION LIMITED at £0 based on an EBITDA of £-112.7k and a 3.81x industry multiple (adjusted for size and gross margin).
able piling & construction limited Estimated Valuation
Pomanda estimates the enterprise value of ABLE PILING & CONSTRUCTION LIMITED at £0 based on Net Assets of £-218.3k and 2.21x industry multiple (adjusted for liquidity).
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Able Piling & Construction Limited Overview
Able Piling & Construction Limited is a live company located in fareham, PO14 1RD with a Companies House number of 13759816. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2021, it's largest shareholder is franki foundations uk limited with a 100% stake. Able Piling & Construction Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.1m with unknown growth in recent years.
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Able Piling & Construction Limited Health Check
Pomanda's financial health check has awarded Able Piling & Construction Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£8.4m)
- Able Piling & Construction Limited
£8.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Able Piling & Construction Limited
- - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Able Piling & Construction Limited
24.5% - Industry AVG
Profitability
an operating margin of -11.5% make it less profitable than the average company (6.1%)
- Able Piling & Construction Limited
6.1% - Industry AVG
Employees
with 15 employees, this is below the industry average (36)
15 - Able Piling & Construction Limited
36 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Able Piling & Construction Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £74k, this is less efficient (£203.3k)
- Able Piling & Construction Limited
£203.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (56 days)
- Able Piling & Construction Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is quicker than average (37 days)
- Able Piling & Construction Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (17 days)
- Able Piling & Construction Limited
17 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (20 weeks)
5 weeks - Able Piling & Construction Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 129.1%, this is a higher level of debt than the average (60.9%)
129.1% - Able Piling & Construction Limited
60.9% - Industry AVG
ABLE PILING & CONSTRUCTION LIMITED financials
Able Piling & Construction Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of -£218.3 thousand. According to their latest financial statements, Able Piling & Construction Limited has 15 employees and maintains cash reserves of £90.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | |
|---|---|---|
| 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 | 15 | 15 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 128,603 | 142,567 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 128,603 | 142,567 |
| Stock & work in progress | 23,649 | |
| Trade Debtors | 98,568 | 121,126 |
| Group Debtors | 402,465 | 328 |
| Misc Debtors | 6,325 | 28,205 |
| Cash | 90,361 | 46,239 |
| misc current assets | ||
| total current assets | 621,368 | 195,898 |
| total assets | 749,971 | 338,465 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 69,984 | 29,470 |
| Group/Directors Accounts | 718,036 | 270,165 |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 148,841 | 98,027 |
| total current liabilities | 936,861 | 397,662 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 31,451 | 34,561 |
| total long term liabilities | 31,451 | 34,561 |
| total liabilities | 968,312 | 432,223 |
| net assets | -218,341 | -93,758 |
| total shareholders funds | -218,341 | -93,758 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 15,421 | |
| Amortisation | ||
| Tax | ||
| Stock | 23,649 | |
| Debtors | 357,699 | 149,659 |
| Creditors | 40,514 | 29,470 |
| Accruals and Deferred Income | 50,814 | 98,027 |
| Deferred Taxes & Provisions | -3,110 | 34,561 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | 447,871 | 270,165 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 44,122 | 46,239 |
| overdraft | ||
| change in cash | 44,122 | 46,239 |
able piling & construction limited Credit Report and Business Information
Able Piling & Construction Limited Competitor Analysis
Perform a competitor analysis for able piling & construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO14 area or any other competitors across 12 key performance metrics.
able piling & construction limited Ownership
ABLE PILING & CONSTRUCTION LIMITED group structure
Able Piling & Construction Limited has no subsidiary companies.
Ultimate parent company
BESIX GROUP SA
#0069934
2 parents
ABLE PILING & CONSTRUCTION LIMITED
13759816
able piling & construction limited directors
Able Piling & Construction Limited currently has 5 directors. The longest serving directors include Mr Craig MacKlin (Nov 2021) and Mr Craig MacKlin (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig MacKlin | United Kingdom | 49 years | Nov 2021 | - | Director |
| Mr Craig MacKlin | United Kingdom | 49 years | Nov 2021 | - | Director |
| Mr Amar Ahmad | England | 43 years | Feb 2023 | - | Director |
| Mrs Naomi Waite | England | 39 years | Jun 2023 | - | Director |
| Mr Jonathan Chaloner | England | 37 years | Feb 2024 | - | Director |
P&L
December 2023turnover
1.1m
+2%
operating profit
-128.2k
0%
gross margin
24.6%
-1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-218.3k
+1.33%
total assets
750k
+1.22%
cash
90.4k
+0.95%
net assets
Total assets minus all liabilities
Similar Companies
able piling & construction limited company details
company number
13759816
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
November 2021
age
4
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
able piling limited (September 2022)
accountant
MENZIES LLP
auditor
-
address
unit 2, sharlands industrial estate, fareham, hampshire, PO14 1RD
Bank
-
Legal Advisor
-
able piling & construction 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 able piling & construction limited.
able piling & construction limited 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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able piling & construction limited Companies House Filings - See Documents
| date | description | view/download |
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