absalyon limited

absalyon limited Company Information

Share ABSALYON LIMITED
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Company Number

NI056672

Industry

Construction of commercial buildings

 

Directors

David Wilson

Shareholders

mr david wilson

Group Structure

View All

Contact

Registered Address

34 dufferin avenue, bangor, county down, BT20 3AA

Website

-

absalyon limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of ABSALYON LIMITED at £1.7m based on a Turnover of £4.7m and 0.37x industry multiple (adjusted for size and gross margin).

absalyon limited Estimated Valuation

£4.5k

Pomanda estimates the enterprise value of ABSALYON LIMITED at £4.5k based on an EBITDA of £1.3k and a 3.4x industry multiple (adjusted for size and gross margin).

absalyon limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ABSALYON LIMITED at £0 based on Net Assets of £-442.5k and 1.49x industry multiple (adjusted for liquidity).

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Absalyon Limited Overview

Absalyon Limited is a live company located in county down, BT20 3AA with a Companies House number of NI056672. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in September 2005, it's largest shareholder is mr david wilson with a 100% stake. Absalyon Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.7m with declining growth in recent years.

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Absalyon Limited Health Check

Pomanda's financial health check has awarded Absalyon Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £4.7m, make it smaller than the average company (£11.3m)

£4.7m - Absalyon Limited

£11.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (9%)

-10% - Absalyon Limited

9% - Industry AVG

production

Production

with a gross margin of 16%, this company has a comparable cost of product (16%)

16% - Absalyon Limited

16% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.5%)

0% - Absalyon Limited

4.5% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (32)

15 - Absalyon Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.9k, the company has an equivalent pay structure (£54.9k)

£54.9k - Absalyon Limited

£54.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £314.5k, this is equally as efficient (£336.5k)

£314.5k - Absalyon Limited

£336.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (46 days)

6 days - Absalyon Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 93 days, this is slower than average (39 days)

93 days - Absalyon Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 41 days, this is more than average (15 days)

41 days - Absalyon Limited

15 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)

1 weeks - Absalyon Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 143.4%, this is a higher level of debt than the average (68.2%)

143.4% - Absalyon Limited

68.2% - Industry AVG

ABSALYON LIMITED financials

EXPORTms excel logo

Absalyon Limited's latest turnover from March 2024 is estimated at £4.7 million and the company has net assets of -£442.5 thousand. According to their latest financial statements, we estimate that Absalyon Limited has 15 employees and maintains cash reserves of £32.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover4,717,5164,697,1745,903,8766,450,4796,172,1265,604,7035,730,7175,766,6488,044,2348,091,6638,009,2028,386,8017,779,8937,442,0629,764,988
Other Income Or Grants000000000000000
Cost Of Sales3,964,7753,972,0654,987,6865,501,2285,198,5854,704,5714,823,7164,832,8056,869,2836,922,6906,883,1587,218,6056,638,4576,227,3718,188,000
Gross Profit752,740725,109916,190949,251973,541900,132907,001933,8431,174,9501,168,9731,126,0441,168,1961,141,4371,214,6911,576,988
Admin Expenses751,423698,091882,971914,279948,801896,734898,931925,0561,156,4061,151,2001,124,4781,165,5981,172,0231,769,1411,583,477
Operating Profit1,31727,01833,21934,97224,7403,3988,0708,78718,54417,7731,5662,598-30,586-554,450-6,489
Interest Payable000000000000000
Interest Receivable2,1431,0400000012116153121
Pre-Tax Profit3,46028,05833,21934,97224,7403,3988,0708,78818,54617,7731,5682,604-30,571-554,419-6,468
Tax-865-5,331-6,312-6,645-4,701-646-1,533-1,757-3,709-3,732-361-625000
Profit After Tax2,59522,72726,90728,32720,0392,7526,5377,03014,83714,0411,2071,979-30,571-554,419-6,468
Dividends Paid000000000000000
Retained Profit2,59522,72726,90728,32720,0392,7526,5377,03014,83714,0411,2071,979-30,571-554,419-6,468
Employee Costs822,853739,9931,014,2311,104,232979,143812,799796,458852,3561,060,8571,019,5821,104,7491,196,2671,174,3191,231,9341,634,948
Number Of Employees151420232017171925252831313345
EBITDA*1,31727,01833,21934,97224,7403,3988,0708,78718,54417,7731,5662,598-30,586-554,450-6,489

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00450,021450,021450,021450,021450,021450,021450,021450,021450,0210000
Intangible Assets000000000000000
Investments & Other450,021450,021000000000450,021450,02100
Debtors (Due After 1 year)000000000000000
Total Fixed Assets450,021450,021450,021450,021450,021450,021450,021450,021450,021450,021450,021450,021450,02100
Stock & work in progress450,000450,000000000472,200472,200472,200472,200469,200450,000991,483
Trade Debtors88,00088,000564,928539,199509,737484,317483,710479,3660000000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash32,71548,9290000007761312262792,0054,0398,269
misc current assets000000000000000
total current assets570,715586,929564,928539,199509,737484,317483,710479,366472,976472,331472,426472,479471,205454,039999,752
total assets1,020,7361,036,9501,014,949989,220959,758934,338933,731929,387922,997922,352922,447922,500921,226454,039999,752
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,012,4701,031,3081,032,0311,033,2091,032,1041,026,7231,028,8981,031,1511,032,3891,046,5811,060,7171,061,9771,062,6821,014,9241,006,218
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities1,012,4701,031,3081,032,0311,033,2091,032,1041,026,7231,028,8981,031,1511,032,3891,046,5811,060,7171,061,9771,062,6821,014,9241,006,218
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income7447157207206906906606000000000
other liabilities450,000450,000450,000450,000450,000450,000450,000450,000450,000450,000450,000450,000450,00000
provisions000000000000000
total long term liabilities450,744450,715450,720450,720450,690450,690450,660450,600450,000450,000450,000450,000450,00000
total liabilities1,463,2141,482,0231,482,7511,483,9291,482,7941,477,4131,479,5581,481,7511,482,3891,496,5811,510,7171,511,9771,512,6821,014,9241,006,218
net assets-442,478-445,073-467,802-494,709-523,036-543,075-545,827-552,364-559,392-574,229-588,270-589,477-591,456-560,885-6,466
total shareholders funds-442,478-445,073-467,802-494,709-523,036-543,075-545,827-552,364-559,392-574,229-588,270-589,477-591,456-560,885-6,466
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,31727,01833,21934,97224,7403,3988,0708,78718,54417,7731,5662,598-30,586-554,450-6,489
Depreciation000000000000000
Amortisation000000000000000
Tax-865-5,331-6,312-6,645-4,701-646-1,533-1,757-3,709-3,732-361-625000
Stock0450,00000000-472,2000003,00019,200-541,483991,483
Debtors0-476,92825,72929,46225,4206074,344479,3660000000
Creditors-18,838-723-1,1781,1055,381-2,175-2,253-1,238-14,192-14,136-1,260-70547,7588,7061,006,218
Accruals and Deferred Income29-5030030606000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-18,35747,88700000-774643-95-55-1,732-2,028-4,2618,246
Investing Activities
capital expenditure0450,02100000000-450,0210000
Change in Investments0450,02100000000-450,0210450,02100
cash flow from investments000000000000-450,02100
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000450,00000
share issue0200000-20000002
interest2,1431,0400000012116153121
cash flow from financing2,1431,04200000-12116450,0153123
cash and cash equivalents
cash-16,21448,92900000-776645-95-53-1,726-2,034-4,2308,269
overdraft000000000000000
change in cash-16,21448,92900000-776645-95-53-1,726-2,034-4,2308,269

absalyon limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Absalyon Limited Competitor Analysis

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Perform a competitor analysis for absalyon limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT20 area or any other competitors across 12 key performance metrics.

absalyon limited Ownership

ABSALYON LIMITED group structure

Absalyon Limited has no subsidiary companies.

Ultimate parent company

ABSALYON LIMITED

NI056672

ABSALYON LIMITED Shareholders

mr david wilson 100%

absalyon limited directors

Absalyon Limited currently has 1 director, Mr David Wilson serving since Feb 2017.

officercountryagestartendrole
Mr David WilsonNorthern Ireland60 years Feb 2017- Director

P&L

March 2024

turnover

4.7m

0%

operating profit

1.3k

0%

gross margin

16%

+3.36%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-442.5k

-0.01%

total assets

1m

-0.02%

cash

32.7k

-0.33%

net assets

Total assets minus all liabilities

absalyon limited company details

company number

NI056672

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

September 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

hillsborough golf & leisure ltd (October 2012)

accountant

HAMILTON MORRIS WAUGH

auditor

-

address

34 dufferin avenue, bangor, county down, BT20 3AA

Bank

-

Legal Advisor

-

absalyon 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 found 4 charges/mortgages relating to absalyon limited. Currently there are 3 open charges and 1 have been satisfied in the past.

absalyon 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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absalyon limited Companies House Filings - See Documents

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