Pomanda estimates the enterprise value of ABERCORN FUNERAL SERVICES LIMITED at £535.5k based on a Turnover of £826.4k and 0.65x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ABERCORN FUNERAL SERVICES LIMITED at £0 based on an EBITDA of £-80k and a 4.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ABERCORN FUNERAL SERVICES LIMITED at £116.9k based on Net Assets of £40.1k and 2.92x industry multiple (adjusted for liquidity).
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Abercorn Funeral Services LimitedOverview
Abercorn Funeral Services Limited is a live company located in midlothian, EH8 7BN with a Companies House number of SC037223. It operates in the funeral and related activities sector, SIC Code 96030. Founded in February 1962, it's largest shareholder is
family funeral group limited
with a 100% stake. Abercorn Funeral Services Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£826.4k with
high
growth in recent years.
Pomanda's financial health check has awarded Abercorn Funeral Services Limited 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
Health Rating3out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £826.4k, make it smaller than the average company (£1.8m)
£826.4k - Abercorn Funeral Services Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.2%)
16% - Abercorn Funeral Services Limited
4.2% - Industry AVG
Production
with a gross margin of 62.8%, this company has a comparable cost of product (62.8%)
62.8% - Abercorn Funeral Services Limited
62.8% - Industry AVG
Profitability
an operating margin of -12.4% make it less profitable than the average company (13.1%)
-12.4% - Abercorn Funeral Services Limited
13.1% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (13)
13 - Abercorn Funeral Services Limited
13 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
£32.6k - Abercorn Funeral Services Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £63.6k, this is less efficient (£123.5k)
£63.6k - Abercorn Funeral Services Limited
£123.5k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (21 days)
11 days - Abercorn Funeral Services Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (27 days)
7 days - Abercorn Funeral Services Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (7 days)
22 days - Abercorn Funeral Services Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 168 weeks, this is more cash available to meet short term requirements (18 weeks)
168 weeks - Abercorn Funeral Services Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a higher level of debt than the average (46.1%)
86.5% - Abercorn Funeral Services Limited
46.1% - Industry AVG
ABERCORN FUNERAL SERVICES LIMITED financials
EXPORT
Abercorn Funeral Services Limited's latest turnover from December 2023 is estimated at £826.4 thousand and the company has net assets of £40.1 thousand. According to their latest financial statements, Abercorn Funeral Services Limited has 13 employees and maintains cash reserves of £143.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
826,356
905,553
693,570
603,770
529,335
565,253
578,454
310,715
53,575
40,275
35,680
129,892
15,489
106,784
209,543
Other Income Or Grants
Cost Of Sales
307,121
317,677
250,040
238,945
232,947
257,126
259,822
141,759
23,467
18,998
17,313
66,369
7,603
50,561
95,489
Gross Profit
519,234
587,876
443,529
364,825
296,388
308,126
318,631
168,955
30,108
21,277
18,367
63,523
7,886
56,223
114,054
Admin Expenses
621,900
707,246
431,398
356,316
320,154
316,609
314,319
154,029
16,561
50,631
-11,520
41,411
-7,757
427
5,264
Operating Profit
-102,666
-119,370
12,131
8,509
-23,766
-8,483
4,312
14,926
13,547
-29,354
29,887
22,112
15,643
55,796
108,790
Interest Payable
2,460
Interest Receivable
7,425
4,776
341
139
1,187
1,239
733
302
468
436
447
415
363
308
151
Pre-Tax Profit
-97,701
-114,594
12,472
8,648
-22,579
-7,244
5,044
15,229
14,015
-28,918
30,334
22,528
16,005
56,104
108,942
Tax
-2,370
-1,643
-958
-3,046
-2,803
-6,977
-5,407
-4,161
-15,709
-30,504
Profit After Tax
-97,701
-114,594
10,102
7,005
-22,579
-7,244
4,086
12,183
11,212
-28,918
23,357
17,121
11,844
40,395
78,438
Dividends Paid
Retained Profit
-97,701
-114,594
10,102
7,005
-22,579
-7,244
4,086
12,183
11,212
-28,918
23,357
17,121
11,844
40,395
78,438
Employee Costs
423,256
275,886
180,000
166,432
164,422
165,606
159,768
190,592
26,477
24,398
23,176
47,283
22,483
43,267
70,662
Number Of Employees
13
9
6
6
6
6
6
7
1
1
1
2
1
2
3
EBITDA*
-79,958
-105,255
23,879
25,322
-17,691
-846
13,728
28,185
20,638
-19,161
44,588
40,375
24,605
66,222
113,675
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
103,887
244,251
140,262
151,240
127,090
130,615
134,572
142,759
131,086
138,177
148,370
157,067
134,341
136,177
116,794
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
103,887
244,251
140,262
151,240
127,090
130,615
134,572
142,759
131,086
138,177
148,370
157,067
134,341
136,177
116,794
Stock & work in progress
18,927
18,927
18,927
19,012
19,182
18,209
18,249
18,343
18,424
18,424
18,424
Trade Debtors
25,477
709
2,500
1,612
214
1
Group Debtors
Misc Debtors
1,051
26,128
8,858
26,255
32,188
39,711
38,629
50,956
59,262
60,715
63,692
64,503
Cash
143,090
139,771
139,656
133,150
144,633
171,880
158,578
134,447
107,525
79,561
94,824
83,848
82,303
62,722
60,478
misc current assets
4,000
4,000
16,370
16,370
16,370
16,370
16,370
16,370
16,370
16,370
16,370
16,370
16,370
16,370
total current assets
192,545
188,826
174,953
168,532
180,185
215,317
219,452
202,057
184,530
154,596
180,788
159,480
159,389
142,784
141,351
total assets
296,432
433,077
315,215
319,772
307,275
345,932
354,024
344,816
315,616
292,773
329,158
316,547
293,730
278,961
258,145
Bank overdraft
Bank loan
Trade Creditors
6,547
3,914
4,386
14,141
20,957
20,380
21,261
30,710
Group/Directors Accounts
100,231
other short term finances
hp & lease commitments
425
4,667
other current liabilities
37,671
33,176
6,296
12,001
2,783
21,948
17,541
4,909
12,069
total current liabilities
44,218
137,321
6,296
12,001
2,783
21,948
17,966
9,576
12,069
4,386
14,141
20,957
20,380
21,261
30,710
loans
43,735
hp & lease commitments
3,889
Accruals and Deferred Income
141,290
127,221
133,295
140,532
147,130
143,435
147,612
145,289
134,744
130,796
126,841
127,438
127,319
123,513
133,643
other liabilities
1,667
5,000
provisions
27,088
30,733
3,268
4,985
2,113
2,721
3,374
5,076
total long term liabilities
212,113
157,954
136,563
145,517
149,243
146,156
150,986
154,254
134,744
130,796
128,508
132,438
127,319
123,513
133,643
total liabilities
256,331
295,275
142,859
157,518
152,026
168,104
168,952
163,830
146,813
135,182
142,649
153,395
147,699
144,774
164,353
net assets
40,101
137,802
172,356
162,254
155,249
177,828
185,072
180,986
168,803
157,591
186,509
163,152
146,031
134,187
93,792
total shareholders funds
40,101
137,802
172,356
162,254
155,249
177,828
185,072
180,986
168,803
157,591
186,509
163,152
146,031
134,187
93,792
Dec 2023
Dec 2022
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-102,666
-119,370
12,131
8,509
-23,766
-8,483
4,312
14,926
13,547
-29,354
29,887
22,112
15,643
55,796
108,790
Depreciation
22,708
14,115
11,748
16,813
6,075
7,637
9,416
13,259
7,091
10,193
14,701
18,263
8,962
10,426
4,885
Amortisation
Tax
-2,370
-1,643
-958
-3,046
-2,803
-6,977
-5,407
-4,161
-15,709
-30,504
Stock
-85
-85
-170
973
-40
-94
-81
18,424
Debtors
400
26,128
-8,858
-17,397
-6,642
-9,314
1,970
-10,929
-8,092
-1,454
-2,976
-811
64,503
Creditors
2,633
3,914
-4,386
-9,755
-6,816
577
-881
-9,449
30,710
Accruals and Deferred Income
18,564
7,864
-12,942
2,620
-15,470
230
14,955
3,385
16,017
3,955
-597
119
3,806
-10,130
133,643
Deferred Taxes & Provisions
-3,645
25,748
-1,717
2,872
-608
-653
-1,702
5,076
Cash flow from operations
-62,806
-93,772
6,935
29,341
-25,884
16,168
32,759
42,995
27,496
-14,032
19,866
37,118
26,345
31,745
183,021
Investing Activities
capital expenditure
117,656
-107,126
-770
-40,963
-2,550
-3,680
-1,229
-24,932
-6,004
-40,989
-7,126
-29,809
-121,679
Change in Investments
cash flow from investments
117,656
-107,126
-770
-40,963
-2,550
-3,680
-1,229
-24,932
-6,004
-40,989
-7,126
-29,809
-121,679
Financing Activities
Bank loans
Group/Directors Accounts
-100,231
100,231
Other Short Term Loans
Long term loans
43,735
Hire Purchase and Lease Commitments
-425
-8,131
8,556
other long term liabilities
-1,667
-3,333
5,000
share issue
90,142
15,354
interest
4,965
4,776
341
139
1,187
1,239
733
302
468
436
447
415
363
308
151
cash flow from financing
-51,531
195,149
341
139
1,187
814
-7,398
8,858
468
-1,231
-2,886
5,415
363
308
15,505
cash and cash equivalents
cash
3,319
6,621
6,506
-11,483
-27,247
13,302
24,131
26,922
27,964
-15,263
10,976
1,545
19,581
2,244
60,478
overdraft
change in cash
3,319
6,621
6,506
-11,483
-27,247
13,302
24,131
26,922
27,964
-15,263
10,976
1,545
19,581
2,244
60,478
abercorn funeral services limited 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 abercorn funeral services limited. Get real-time insights into abercorn funeral services limited's credit score, group structure and payment trends.
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abercorn funeral services limited Ownership
ABERCORN FUNERAL SERVICES LIMITED group structure
Abercorn Funeral Services Limited has no subsidiary companies.
The sole shareholder of Abercorn Funeral Services Limited is Family Funeral Group Limited.
family funeral group limited
100%
abercorn funeral services limited directors
Abercorn Funeral Services Limited currently has 3 directors.
The longest serving directors include
Mr George Morris (Jun 2022) and
Mr Paul Brown (Jun 2022).
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 abercorn funeral services limited.
abercorn funeral services 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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abercorn funeral services limitedCompanies House Filings - See Documents
