abbey roofing specialists limited
abbey roofing specialists limited Company Information
Company Number
NI010215
Next Accounts
Apr 2025
Shareholders
trevor smyth
david workman
Group Structure
View All
Industry
Roofing activities
Registered Address
32 shandon drive, bangor, co down, BT20 5HR
abbey roofing specialists limited Estimated Valuation
Pomanda estimates the enterprise value of ABBEY ROOFING SPECIALISTS LIMITED at £2.3m based on a Turnover of £3.9m and 0.59x industry multiple (adjusted for size and gross margin).
abbey roofing specialists limited Estimated Valuation
Pomanda estimates the enterprise value of ABBEY ROOFING SPECIALISTS LIMITED at £54.1k based on an EBITDA of £13.5k and a 4.02x industry multiple (adjusted for size and gross margin).
abbey roofing specialists limited Estimated Valuation
Pomanda estimates the enterprise value of ABBEY ROOFING SPECIALISTS LIMITED at £372.2k based on Net Assets of £157.3k and 2.37x industry multiple (adjusted for liquidity).
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Abbey Roofing Specialists Limited Overview
Abbey Roofing Specialists Limited is a dissolved company that was located in co down, BT20 5HR with a Companies House number of NI010215. It operated in the roofing activities sector, SIC Code 43910. Founded in May 1974, it's largest shareholder was trevor smyth with a 50% stake. The last turnover for Abbey Roofing Specialists Limited was estimated at £3.9m.
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Abbey Roofing Specialists Limited Health Check
Pomanda's financial health check has awarded Abbey Roofing Specialists Limited a 2 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 £3.9m, make it larger than the average company (£732k)
- Abbey Roofing Specialists Limited
£732k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (11.4%)
- Abbey Roofing Specialists Limited
11.4% - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Abbey Roofing Specialists Limited
26.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.6%)
- Abbey Roofing Specialists Limited
7.6% - Industry AVG
Employees
with 21 employees, this is below the industry average (27)
21 - Abbey Roofing Specialists Limited
27 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Abbey Roofing Specialists Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £187k, this is less efficient (£233.4k)
- Abbey Roofing Specialists Limited
£233.4k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (52 days)
- Abbey Roofing Specialists Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is slower than average (43 days)
- Abbey Roofing Specialists Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Abbey Roofing Specialists Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (22 weeks)
13 weeks - Abbey Roofing Specialists Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (64.2%)
89.1% - Abbey Roofing Specialists Limited
64.2% - Industry AVG
ABBEY ROOFING SPECIALISTS LIMITED financials
Abbey Roofing Specialists Limited's latest turnover from December 2016 is estimated at £3.9 million and the company has net assets of £157.3 thousand. According to their latest financial statements, Abbey Roofing Specialists Limited has 21 employees and maintains cash reserves of £336 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 2,220,558 | 2,638,088 | 3,940,468 | |||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 1,932,258 | 2,331,184 | 3,598,705 | |||||
| Gross Profit | 288,300 | 306,904 | 341,763 | |||||
| Admin Expenses | 278,867 | 251,272 | 389,465 | |||||
| Operating Profit | 9,433 | 55,632 | -47,702 | |||||
| Interest Payable | 1,681 | 1,840 | 2,300 | |||||
| Interest Receivable | 2,839 | 423 | 20 | |||||
| Pre-Tax Profit | 10,591 | 54,215 | -49,982 | |||||
| Tax | -2,129 | -13,032 | 12,196 | |||||
| Profit After Tax | 8,462 | 41,183 | -37,786 | |||||
| Dividends Paid | 45,006 | |||||||
| Retained Profit | -36,544 | 41,183 | -37,786 | |||||
| Employee Costs | 609,685 | 599,863 | 781,099 | |||||
| Number Of Employees | 21 | 22 | 25 | 25 | 30 | |||
| EBITDA* | 21,231 | 69,517 | -31,263 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 58,316 | 64,447 | 49,827 | 50,081 | 52,410 | 63,804 | 68,621 | 57,086 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 58,316 | 64,447 | 49,827 | 50,081 | 52,410 | 63,804 | 68,621 | 57,086 |
| Stock & work in progress | ||||||||
| Trade Debtors | 191,646 | 188,535 | 746,314 | 830,862 | 441,854 | 409,966 | 527,788 | 1,156,245 |
| Group Debtors | 9,769 | 5,875 | 9,721 | |||||
| Misc Debtors | 861,569 | 730,059 | 41,135 | 54,722 | 81,893 | |||
| Cash | 336,032 | 283,586 | 99,964 | 284,941 | 202,739 | 378,037 | 171,554 | 284,801 |
| misc current assets | ||||||||
| total current assets | 1,389,247 | 1,202,180 | 846,278 | 1,115,803 | 695,497 | 848,600 | 699,342 | 1,532,660 |
| total assets | 1,447,563 | 1,266,627 | 896,105 | 1,165,884 | 747,907 | 912,404 | 767,963 | 1,589,746 |
| Bank overdraft | 47,252 | 35,393 | 26,801 | 28,784 | ||||
| Bank loan | ||||||||
| Trade Creditors | 1,011,207 | 773,837 | 805,594 | 850,403 | 248,359 | 338,288 | 462,358 | 1,022,913 |
| Group/Directors Accounts | 41,750 | 41,750 | 72,782 | 72,782 | 84,068 | |||
| other short term finances | 27,578 | |||||||
| hp & lease commitments | ||||||||
| other current liabilities | 173,662 | 233,147 | 93,139 | 126,558 | 81,781 | |||
| total current liabilities | 1,273,871 | 1,084,127 | 805,594 | 850,403 | 441,081 | 566,412 | 462,358 | 1,216,340 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 16,429 | 19,427 | 9,697 | 5,520 | ||||
| provisions | 5,921 | 5,556 | 8,178 | 8,974 | 11,463 | |||
| total long term liabilities | 16,429 | 19,427 | 9,697 | 11,441 | 5,556 | 8,178 | 8,974 | 11,463 |
| total liabilities | 1,290,300 | 1,103,554 | 815,291 | 861,844 | 446,637 | 574,590 | 471,332 | 1,227,803 |
| net assets | 157,263 | 163,073 | 80,814 | 304,040 | 301,270 | 337,814 | 296,631 | 361,943 |
| total shareholders funds | 157,263 | 163,073 | 80,814 | 304,040 | 301,270 | 337,814 | 296,631 | 361,943 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 9,433 | 55,632 | -47,702 | |||||
| Depreciation | 17,471 | 12,885 | 12,248 | 10,162 | 11,798 | 13,885 | 14,273 | 16,439 |
| Amortisation | ||||||||
| Tax | -2,129 | -13,032 | 12,196 | |||||
| Stock | ||||||||
| Debtors | 134,621 | 172,280 | -84,548 | 338,104 | 22,195 | -57,225 | -720,071 | 1,247,859 |
| Creditors | 237,370 | -31,757 | -44,809 | 602,044 | -89,929 | -124,070 | -560,555 | 1,022,913 |
| Accruals and Deferred Income | -59,485 | 233,147 | -93,139 | -33,419 | 126,558 | -81,781 | 81,781 | |
| Deferred Taxes & Provisions | -5,921 | 365 | -2,622 | -796 | -2,489 | 11,463 | ||
| Cash flow from operations | -129,063 | 115,402 | -150,769 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 41,750 | -72,782 | 72,782 | -84,068 | 84,068 | |||
| Other Short Term Loans | -27,578 | 27,578 | ||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -2,998 | 9,730 | 4,177 | 5,520 | ||||
| share issue | ||||||||
| interest | 1,158 | -1,417 | -2,280 | |||||
| cash flow from financing | 1,158 | 71,365 | 509,095 | |||||
| cash and cash equivalents | ||||||||
| cash | 52,446 | 183,622 | -184,977 | 82,202 | -175,298 | 206,483 | -113,247 | 284,801 |
| overdraft | 11,859 | 35,393 | -26,801 | -1,983 | 28,784 | |||
| change in cash | 40,587 | 148,229 | -184,977 | 109,003 | -173,315 | 177,699 | -113,247 | 284,801 |
abbey roofing specialists limited Credit Report and Business Information
Abbey Roofing Specialists Limited Competitor Analysis
Perform a competitor analysis for abbey roofing specialists limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in BT20 area or any other competitors across 12 key performance metrics.
abbey roofing specialists limited Ownership
ABBEY ROOFING SPECIALISTS LIMITED group structure
Abbey Roofing Specialists Limited has no subsidiary companies.
Ultimate parent company
ABBEY ROOFING SPECIALISTS LIMITED
NI010215
abbey roofing specialists limited directors
Abbey Roofing Specialists Limited currently has 2 directors. The longest serving directors include Mr David Workman (Jan 1997) and Mr Trevor Smyth (Aug 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Workman | 57 years | Jan 1997 | - | Director | |
| Mr Trevor Smyth | 57 years | Aug 2009 | - | Director |
P&L
December 2016turnover
3.9m
+9%
operating profit
-4k
0%
gross margin
26.2%
-2.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
157.3k
-0.04%
total assets
1.4m
+0.14%
cash
336k
+0.18%
net assets
Total assets minus all liabilities
abbey roofing specialists limited company details
company number
NI010215
Type
Private limited with Share Capital
industry
43910 - Roofing activities
incorporation date
May 1974
age
51
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2016
previous names
N/A
accountant
-
auditor
-
address
32 shandon drive, bangor, co down, BT20 5HR
Bank
ULSTER BANK LTD
Legal Advisor
-
abbey roofing specialists 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 abbey roofing specialists limited.
abbey roofing specialists 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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abbey roofing specialists limited Companies House Filings - See Documents
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