a.b. 2000 ltd.

Live MatureMidDeclining

a.b. 2000 ltd. Company Information

Share A.B. 2000 LTD.

Company Number

SC155832

Shareholders

quattro group limited

Group Structure

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Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Registered Address

95 westburn drive, cambuslang, glasgow, south lanarkshire, G72 7NA

a.b. 2000 ltd. Estimated Valuation

£5.5m

Pomanda estimates the enterprise value of A.B. 2000 LTD. at £5.5m based on a Turnover of £11.9m and 0.46x industry multiple (adjusted for size and gross margin).

a.b. 2000 ltd. Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of A.B. 2000 LTD. at £3.4m based on an EBITDA of £794.4k and a 4.33x industry multiple (adjusted for size and gross margin).

a.b. 2000 ltd. Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of A.B. 2000 LTD. at £1.9m based on Net Assets of £839.2k and 2.21x industry multiple (adjusted for liquidity).

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A.b. 2000 Ltd. Overview

A.b. 2000 Ltd. is a live company located in south lanarkshire, G72 7NA with a Companies House number of SC155832. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in February 1995, it's largest shareholder is quattro group limited with a 100% stake. A.b. 2000 Ltd. is a mature, mid sized company, Pomanda has estimated its turnover at £11.9m with declining growth in recent years.

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A.b. 2000 Ltd. Health Check

Pomanda's financial health check has awarded A.B. 2000 Ltd. 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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £11.9m, make it larger than the average company (£6.2m)

£11.9m - A.b. 2000 Ltd.

£6.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (8.9%)

-8% - A.b. 2000 Ltd.

8.9% - Industry AVG

production

Production

with a gross margin of 19.7%, this company has a higher cost of product (25.2%)

19.7% - A.b. 2000 Ltd.

25.2% - Industry AVG

profitability

Profitability

an operating margin of -12.3% make it less profitable than the average company (6%)

-12.3% - A.b. 2000 Ltd.

6% - Industry AVG

employees

Employees

with 142 employees, this is above the industry average (31)

142 - A.b. 2000 Ltd.

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.4k, the company has an equivalent pay structure (£47.5k)

£46.4k - A.b. 2000 Ltd.

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £83.6k, this is less efficient (£188.7k)

£83.6k - A.b. 2000 Ltd.

£188.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is near the average (57 days)

49 days - A.b. 2000 Ltd.

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (38 days)

38 days - A.b. 2000 Ltd.

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (15 days)

1 days - A.b. 2000 Ltd.

15 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)

0 weeks - A.b. 2000 Ltd.

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.1%, this is a higher level of debt than the average (60.6%)

95.1% - A.b. 2000 Ltd.

60.6% - Industry AVG

A.B. 2000 LTD. financials

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A.B. 2000 Ltd.'s latest turnover from November 2023 is £11.9 million and the company has net assets of £839.2 thousand. According to their latest financial statements, A.B. 2000 Ltd. has 142 employees and maintains cash reserves of £76.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover11,877,76715,814,54617,733,77215,147,07221,794,76723,279,16728,501,05129,520,97025,580,56921,486,48516,486,28213,993,12716,024,34710,834,9369,148,396
Other Income Or Grants000000000000000
Cost Of Sales9,534,14812,400,06713,229,87112,610,70813,867,94314,361,20416,820,12117,361,74514,864,84412,865,7189,840,9669,022,89310,846,1107,042,6745,501,948
Gross Profit2,343,6193,414,4794,503,9012,536,3647,926,8248,917,96311,680,93012,159,22510,715,7258,620,7676,645,3164,970,2345,178,2373,792,2623,646,448
Admin Expenses3,809,7035,239,7754,048,8404,654,4327,186,3767,128,9158,690,1328,073,0126,635,8835,781,0374,909,0414,206,4753,328,8893,138,7453,618,466
Operating Profit-1,466,084-1,825,296455,061-2,118,068740,4481,789,0482,990,7984,086,2134,079,8422,839,7301,736,275763,7591,849,348653,51727,982
Interest Payable899,114687,900414,512496,060547,632627,397514,591535,620361,264347,847257,640204,943226,639263,675359,743
Interest Receivable000000942,4921912173,6361740228
Pre-Tax Profit-2,365,198-2,513,19640,549-2,614,128192,8161,161,6512,476,3013,553,0853,718,7692,491,8851,478,652562,4521,622,883389,842-331,533
Tax554,6591,023,934-418,454401,438-88,172-242,496-595,012-623,996-756,145-432,400-280,329-143,792-104,865-114,30088,055
Profit After Tax-1,810,539-1,489,262-377,905-2,212,690104,644919,1551,881,2892,929,0892,962,6242,059,4851,198,323418,6601,518,018275,542-243,478
Dividends Paid0000010,000,0000500,0001,000,000545,000418,000168,000318,000100,0000
Retained Profit-1,810,539-1,489,262-377,905-2,212,690104,644-9,080,8451,881,2892,429,0891,962,6241,514,485780,323250,6601,200,018175,542-243,478
Employee Costs6,591,7048,519,2929,282,9319,625,87411,033,24211,014,54813,089,40213,253,36010,854,8909,027,7447,584,1536,766,1896,706,5725,617,4584,772,685
Number Of Employees142183218251250270287306257217200195176155130
EBITDA*794,4361,040,2353,793,8841,718,3365,012,6986,234,5619,105,7499,889,7337,909,4106,664,2984,737,6373,395,8553,989,2482,691,8002,379,053

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets9,136,81115,663,10517,114,34221,264,31422,506,15926,522,93229,738,97630,430,08925,167,52224,068,03117,338,50814,871,51312,430,59910,526,11211,833,367
Intangible Assets42,29147,29152,29157,29162,29167,29189,393194,78481,45886,45891,4580000
Investments & Other379,130379,130379,130773,075773,075960,02500000350,000000
Debtors (Due After 1 year)1,917,6791,917,6790000000000000
Total Fixed Assets11,475,91118,007,20517,545,76322,094,68023,341,52527,550,24829,828,36930,624,87325,248,98024,154,48917,429,96615,221,51312,430,59910,526,11211,833,367
Stock & work in progress28,92031,5261,2861,2861,2861,286199,24053,21924,32735,76884,823204,97952,76933,3030
Trade Debtors1,605,4532,200,7972,494,8363,750,5043,842,0455,401,4675,348,3425,938,2935,289,7304,519,3284,376,7382,752,3542,642,0131,860,1811,507,484
Group Debtors0718,1321,323,3583,527,1781,365,315355,356000000000
Misc Debtors3,988,0961,226,8601,311,0351,018,7681,855,686427,213474,826666,5211,004,840408,644113,163178,09458,83428,464329,890
Cash76,582278,769789,395669,862373,006199,506181,77686,449498,7871,759145270952,84320257
misc current assets000000000000000
total current assets5,699,0514,456,0845,919,9108,967,5987,437,3386,384,8286,204,1846,744,4826,817,6844,965,4994,574,8693,135,6973,706,4591,922,1501,837,431
total assets17,174,96222,463,28923,465,67331,062,27830,778,86333,935,07636,032,55337,369,35532,066,66429,119,98822,004,83518,357,21016,137,05812,448,26213,670,798
Bank overdraft0000001,423,184436,09101,508,2661,118,406515,1970273,977830,855
Bank loan000000000000000
Trade Creditors 993,6261,666,646780,2151,446,4011,000,1941,128,5391,084,8371,505,4321,183,7201,041,087905,5971,015,0301,228,538553,730433,483
Group/Directors Accounts3,585,060759,333759,3331,446,5471,446,547016,492833,693926,027730,226467,551267,343350,254164,545102,141
other short term finances000000000000000
hp & lease commitments0000006,740,5697,131,0425,675,8155,183,6103,637,1952,919,1582,195,1741,977,0542,120,759
other current liabilities517,952798,3351,117,7081,526,4602,349,4742,524,1221,606,7042,210,0992,519,0011,242,3691,486,317929,4291,149,292749,874799,955
total current liabilities5,096,6383,224,3142,657,2564,419,4084,796,2153,652,66110,871,78612,116,35710,304,5639,705,5587,615,0665,646,1574,923,2583,719,1804,287,193
loans9,353,29014,148,74314,567,62320,806,20917,870,56122,245,612000000000
hp & lease commitments0000007,264,43910,186,5709,469,2529,179,7515,624,8104,722,9133,448,9091,939,9952,625,773
Accruals and Deferred Income000000000000000
other liabilities000000000055,00037,500000
provisions1,885,8612,440,5202,101,8201,319,7821,382,5181,411,8781,547,9601,427,5971,358,3821,262,8361,180,0731,218,6111,283,5221,507,7361,652,023
total long term liabilities11,239,15116,589,26316,669,44322,125,99119,253,07923,657,4908,812,39911,614,16710,827,63410,442,5876,859,8835,979,0244,732,4313,447,7314,277,796
total liabilities16,335,78919,813,57719,326,69926,545,39924,049,29427,310,15119,684,18523,730,52421,132,19720,148,14514,474,94911,625,1819,655,6897,166,9118,564,989
net assets839,1732,649,7124,138,9744,516,8796,729,5696,624,92516,348,36813,638,83110,934,4678,971,8437,529,8866,732,0296,481,3695,281,3515,105,809
total shareholders funds839,1732,649,7124,138,9744,516,8796,729,5696,624,92516,348,36813,638,83110,934,4678,971,8437,529,8866,732,0296,481,3695,281,3515,105,809
Nov 2023Nov 2022Nov 2021Nov 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-1,466,084-1,825,296455,061-2,118,068740,4481,789,0482,990,7984,086,2134,079,8422,839,7301,736,275763,7591,849,348653,51727,982
Depreciation2,255,5202,860,5313,333,8233,831,4044,267,2504,441,3466,098,0715,768,9383,824,5683,819,5682,996,3622,632,0962,139,9002,038,2832,351,071
Amortisation5,0005,0005,0005,0005,0004,16716,88034,5825,0005,0005,0000000
Tax554,6591,023,934-418,454401,438-88,172-242,496-595,012-623,996-756,145-432,400-280,329-143,792-104,865-114,30088,055
Stock-2,60630,240000-51,933146,02128,892-11,441-49,055-120,156152,21019,46633,3030
Debtors1,447,760934,239-3,167,2211,233,404879,010-420,778-781,646310,2441,366,598438,0711,559,453229,601812,20251,2711,837,374
Creditors-673,020886,431-666,186446,207-128,345-376,893-420,595321,712142,633135,490-109,433-213,508674,808120,247433,483
Accruals and Deferred Income-280,383-319,373-408,752-823,014-174,648314,023-603,395-308,9021,276,632-243,948556,888-219,863399,418-50,081799,955
Deferred Taxes & Provisions-554,659338,700782,038-62,736-29,360-15,719120,36369,21595,54682,763-38,538-64,911-224,214-144,2871,652,023
Cash flow from operations-1,604,1212,005,4486,249,751446,8273,713,1636,386,1878,242,7359,008,6267,312,9195,817,1873,426,9282,371,9703,902,7272,418,8053,515,195
Investing Activities
capital expenditure00000-937,175-3,776,171-10,320,884-5,100,629-10,239,397-4,996,691-5,307,938-3,765,709-614,764-763,278
Change in Investments00-393,9450-186,950960,0250000-350,000350,000000
cash flow from investments00393,9450186,950-1,897,200-3,776,171-10,320,884-5,100,629-10,239,397-4,646,691-5,657,938-3,765,709-614,764-763,278
Financing Activities
Bank loans000000000000000
Group/Directors Accounts2,825,7270-687,21401,446,547-833,693-817,201-92,334195,801262,675200,208-82,911185,70962,404102,141
Other Short Term Loans 000000000000000
Long term loans-4,795,453-418,880-6,238,5862,935,648-4,375,05122,245,612000000000
Hire Purchase and Lease Commitments00000-17,317,612-3,312,6042,172,545781,7065,101,3561,619,9341,997,9881,727,034-829,4834,746,532
other long term liabilities000000000-55,00017,50037,500000
share issue000002,066,939828,248275,2750-72,52817,5340005,349,287
interest-899,114-687,900-414,512-496,060-547,632-627,397-514,497-533,128-361,073-347,845-257,623-201,307-226,465-263,675-359,515
cash flow from financing-2,868,840-1,106,780-7,340,3122,439,588-3,476,1365,533,849-3,816,0541,822,358616,4344,888,6581,597,5531,751,2701,686,278-1,030,7549,838,445
cash and cash equivalents
cash-202,187-510,626119,533296,856173,500113,05795,327-412,338497,0281,614-125-952,573952,64114557
overdraft00000-436,091987,093436,091-1,508,266389,860603,209515,197-273,977-556,878830,855
change in cash-202,187-510,626119,533296,856173,500549,148-891,766-848,4292,005,294-388,246-603,334-1,467,7701,226,618557,023-830,798

a.b. 2000 ltd. 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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A.b. 2000 Ltd. Competitor Analysis

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Perform a competitor analysis for a.b. 2000 ltd. by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in G72 area or any other competitors across 12 key performance metrics.

a.b. 2000 ltd. Ownership

A.B. 2000 LTD. group structure

A.B. 2000 Ltd. has 4 subsidiary companies.

A.B. 2000 LTD. Shareholders

quattro group limited 100%

a.b. 2000 ltd. directors

A.B. 2000 Ltd. currently has 2 directors. The longest serving directors include Mr Adam Richardson (May 2018) and Mr John Murphy (May 2018).

officercountryagestartendrole
Mr Adam RichardsonEngland66 years May 2018- Director
Mr John Murphy63 years May 2018- Director

P&L

November 2023

turnover

11.9m

-25%

operating profit

-1.5m

-20%

gross margin

19.8%

-8.61%

turnover

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

Balance Sheet

November 2023

net assets

839.2k

-0.68%

total assets

17.2m

-0.24%

cash

76.6k

-0.73%

net assets

Total assets minus all liabilities

a.b. 2000 ltd. company details

company number

SC155832

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

February 1995

age

30

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

November 2023

previous names

porthigh limited (March 1995)

accountant

-

auditor

MOORE KINGSTON SMITH LLP

address

95 westburn drive, cambuslang, glasgow, south lanarkshire, G72 7NA

Bank

BANK OF SCOTLAND

Legal Advisor

-

a.b. 2000 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 found 4 charges/mortgages relating to a.b. 2000 ltd.. Currently there are 2 open charges and 2 have been satisfied in the past.

a.b. 2000 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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a.b. 2000 ltd. Companies House Filings - See Documents

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