ac & ic fraser & son limited

ac & ic fraser & son limited Company Information

Share AC & IC FRASER & SON LIMITED
Live 
MatureMidHigh

Company Number

SC216589

Industry

Retail sale of automotive fuel in specialised stores

 

Directors

Iris Fraser

Allan Fraser

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Shareholders

alistair campbell fraser

iris campbell fraser

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Group Structure

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Contact

Registered Address

glendhu, garve road, ullapool, IV26 2SX

ac & ic fraser & son limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of AC & IC FRASER & SON LIMITED at £1.6m based on a Turnover of £5.6m and 0.28x industry multiple (adjusted for size and gross margin).

ac & ic fraser & son limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of AC & IC FRASER & SON LIMITED at £1.2m based on an EBITDA of £407.4k and a 2.89x industry multiple (adjusted for size and gross margin).

ac & ic fraser & son limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of AC & IC FRASER & SON LIMITED at £3.4m based on Net Assets of £1.6m and 2.08x industry multiple (adjusted for liquidity).

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Ac & Ic Fraser & Son Limited Overview

Ac & Ic Fraser & Son Limited is a live company located in ullapool, IV26 2SX with a Companies House number of SC216589. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in March 2001, it's largest shareholder is alistair campbell fraser with a 40% stake. Ac & Ic Fraser & Son Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.6m with high growth in recent years.

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Ac & Ic Fraser & Son Limited Health Check

Pomanda's financial health check has awarded Ac & Ic Fraser & Son Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £5.6m, make it smaller than the average company (£30m)

£5.6m - Ac & Ic Fraser & Son Limited

£30m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (12.4%)

18% - Ac & Ic Fraser & Son Limited

12.4% - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (13.4%)

9.8% - Ac & Ic Fraser & Son Limited

13.4% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it as profitable than the average company (4.2%)

4.3% - Ac & Ic Fraser & Son Limited

4.2% - Industry AVG

employees

Employees

with 29 employees, this is below the industry average (70)

29 - Ac & Ic Fraser & Son Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)

£19.8k - Ac & Ic Fraser & Son Limited

£19.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £193.5k, this is less efficient (£386.7k)

£193.5k - Ac & Ic Fraser & Son Limited

£386.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 15 days, this is later than average (4 days)

15 days - Ac & Ic Fraser & Son Limited

4 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is slower than average (20 days)

36 days - Ac & Ic Fraser & Son Limited

20 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 11 days, this is more than average (8 days)

11 days - Ac & Ic Fraser & Son Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 86 weeks, this is more cash available to meet short term requirements (30 weeks)

86 weeks - Ac & Ic Fraser & Son Limited

30 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.3%, this is a lower level of debt than the average (42.9%)

30.3% - Ac & Ic Fraser & Son Limited

42.9% - Industry AVG

AC & IC FRASER & SON LIMITED financials

EXPORTms excel logo

Ac & Ic Fraser & Son Limited's latest turnover from March 2024 is estimated at £5.6 million and the company has net assets of £1.6 million. According to their latest financial statements, Ac & Ic Fraser & Son Limited has 29 employees and maintains cash reserves of £835.9 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
Turnover5,610,0815,470,2954,050,9293,432,3714,296,1023,814,1193,688,0012,766,9424,222,0314,370,8714,339,4894,168,0474,497,3124,270,8784,302,373
Other Income Or Grants000000000000000
Cost Of Sales5,059,1865,014,3503,674,8213,136,8123,998,9153,548,2783,426,5522,562,6463,944,5744,122,1804,119,4483,967,1414,271,3504,054,1774,066,901
Gross Profit550,894455,944376,108295,560297,187265,841261,450204,296277,457248,690220,041200,905225,962216,701235,473
Admin Expenses310,433-27,694120,067270,41476,874113,383163,55195,887153,216250,730198,539177,174175,955255,858-37,413
Operating Profit240,461483,638256,04125,146220,313152,45897,899108,409124,241-2,04021,50223,73150,007-39,157272,886
Interest Payable1,0272,0431,8087290001,1561,202000000
Interest Receivable42,13425,8153,0793643051,699900395490119639013717778
Pre-Tax Profit281,568507,410257,31224,781220,617154,15798,799107,648123,529-1,92121,56523,82150,145-38,980272,964
Tax-70,392-96,408-48,889-4,708-41,917-29,290-18,772-21,529-24,7060-4,960-5,717-13,0380-76,430
Profit After Tax211,176411,002208,42320,073178,700124,86780,02786,11898,823-1,92116,60518,10437,107-38,980196,534
Dividends Paid000000000000000
Retained Profit211,176411,002208,42320,073178,700124,86780,02786,11898,823-1,92116,60518,10437,107-38,980196,534
Employee Costs575,574398,348403,357369,740412,312329,578395,396198,888133,918102,92283,59291,24288,652107,545111,050
Number Of Employees29232424282225139766677
EBITDA*407,424597,923366,717123,791287,739218,432158,456166,362173,94136,92263,50780,827113,94418,807321,675

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,125,6691,015,2891,014,813888,611692,663707,946585,040491,328285,874261,308298,438296,366350,300360,700373,888
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,125,6691,015,2891,014,813888,611692,663707,946585,040491,328285,874261,308298,438296,366350,300360,700373,888
Stock & work in progress156,881162,332135,948130,648168,662132,30796,114104,86385,26099,62977,85982,19094,93187,121108,053
Trade Debtors242,562257,610161,62283,13398,788100,809119,388109,140225,371209,363236,632226,728256,155236,678232,687
Group Debtors000000000000000
Misc Debtors000000000000000
Cash835,906769,207445,630375,442352,695256,376196,635163,213152,90143,1264,39820,85415,23339,65331,105
misc current assets000000000000000
total current assets1,235,3491,189,149743,200589,223620,145489,492412,137377,216463,532352,118318,889329,772366,319363,452371,845
total assets2,361,0182,204,4381,758,0131,477,8341,312,8081,197,438997,177868,544749,406613,426617,327626,138716,619724,152745,733
Bank overdraft0000000036,999000000
Bank loan000000000000000
Trade Creditors 502,785517,910411,292315,909303,751313,629333,320254,556236,756261,342242,138244,484304,389346,957313,657
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities502,785517,910411,292315,909303,751313,629333,320254,556273,755261,342242,138244,484304,389346,957313,657
loans8,05710,20229,66623,89500000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities102,169166,777244,332277,591182,649239,501142,764171,052134,972118,566136,246161,231202,423208,645218,705
provisions101,24973,96748,14344,28230,32426,92428,57630,44614,3075,9699,4737,55815,04610,89616,737
total long term liabilities211,475250,946322,141345,768212,973266,425171,340201,498149,279124,535145,719168,789217,469219,541235,442
total liabilities714,260768,856733,433661,677516,724580,054504,660456,054423,034385,877387,857413,273521,858566,498549,099
net assets1,646,7581,435,5821,024,580816,157796,084617,384492,517412,490326,372227,549229,470212,865194,761157,654196,634
total shareholders funds1,646,7581,435,5821,024,580816,157796,084617,384492,517412,490326,372227,549229,470212,865194,761157,654196,634
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit240,461483,638256,04125,146220,313152,45897,899108,409124,241-2,04021,50223,73150,007-39,157272,886
Depreciation166,963114,285110,67698,64567,4262,28260,55757,95349,70038,96242,00557,09663,93757,96448,789
Amortisation0000063,692000000000
Tax-70,392-96,408-48,889-4,708-41,917-29,290-18,772-21,529-24,7060-4,960-5,717-13,0380-76,430
Stock-5,45126,3845,300-38,01436,35536,193-8,74919,603-14,36921,770-4,331-12,7417,810-20,932108,053
Debtors-15,04895,98878,489-15,655-2,021-18,57910,248-116,23116,008-27,2699,904-29,42719,4773,991232,687
Creditors-15,125106,61895,38312,158-9,878-19,69178,76417,800-24,58619,204-2,346-59,905-42,56833,300313,657
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions27,28225,8243,86113,9583,400-1,652-1,87016,1398,338-3,5041,915-7,4884,150-5,84116,737
Cash flow from operations369,688511,585333,283198,868205,010150,185215,079275,400131,34858,12152,54349,88535,20163,207234,899
Investing Activities
capital expenditure-277,343-114,761-236,878-294,593-52,143-188,880-154,269-263,407-74,266-1,832-44,077-3,162-53,537-44,776-422,677
Change in Investments000000000000000
cash flow from investments-277,343-114,761-236,878-294,593-52,143-188,880-154,269-263,407-74,266-1,832-44,077-3,162-53,537-44,776-422,677
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-2,145-19,4645,77123,89500000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-64,608-77,555-33,25994,942-56,85296,737-28,28836,08016,406-17,680-24,985-41,192-6,222-10,060218,705
share issue00000000000000100
interest41,10723,7721,271-3653051,699900-761-712119639013717778
cash flow from financing-25,646-73,247-26,217118,472-56,54798,436-27,38835,31915,694-17,561-24,922-41,102-6,085-9,883218,883
cash and cash equivalents
cash66,699323,57770,18822,74796,31959,74133,42210,312109,77538,728-16,4565,621-24,4208,54831,105
overdraft0000000-36,99936,999000000
change in cash66,699323,57770,18822,74796,31959,74133,42247,31172,77638,728-16,4565,621-24,4208,54831,105

ac & ic fraser & son 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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Ac & Ic Fraser & Son Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ac & ic fraser & son limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in IV26 area or any other competitors across 12 key performance metrics.

ac & ic fraser & son limited Ownership

AC & IC FRASER & SON LIMITED group structure

Ac & Ic Fraser & Son Limited has no subsidiary companies.

Ultimate parent company

AC & IC FRASER & SON LIMITED

SC216589

AC & IC FRASER & SON LIMITED Shareholders

alistair campbell fraser 40%
iris campbell fraser 40%
alan fraser 20%

ac & ic fraser & son limited directors

Ac & Ic Fraser & Son Limited currently has 3 directors. The longest serving directors include Mrs Iris Fraser (Mar 2001) and Mr Allan Fraser (Mar 2001).

officercountryagestartendrole
Mrs Iris FraserScotland70 years Mar 2001- Director
Mr Allan Fraser49 years Mar 2001- Director
Mr Alistair FraserScotland73 years Mar 2001- Director

P&L

March 2024

turnover

5.6m

+3%

operating profit

240.5k

0%

gross margin

9.9%

+17.81%

turnover

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

Balance Sheet

March 2024

net assets

1.6m

+0.15%

total assets

2.4m

+0.07%

cash

835.9k

+0.09%

net assets

Total assets minus all liabilities

ac & ic fraser & son limited company details

company number

SC216589

Type

Private limited with Share Capital

industry

47300 - Retail sale of automotive fuel in specialised stores

incorporation date

March 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

MACKAY & CO

auditor

-

address

glendhu, garve road, ullapool, IV26 2SX

Bank

-

Legal Advisor

-

ac & ic fraser & son 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 3 charges/mortgages relating to ac & ic fraser & son limited. Currently there are 3 open charges and 0 have been satisfied in the past.

ac & ic fraser & son 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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ac & ic fraser & son limited Companies House Filings - See Documents

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