ah asset solutions limited
ah asset solutions limited Company Information
Company Number
SC582691
Website
-Registered Address
272 bath street, glasgow, G2 4JR
Industry
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Nicholas Abram6 Years
Shareholders
nicholas abram 81.8%
nigel naden 18.2%
ah asset solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AH ASSET SOLUTIONS LIMITED at £60.9k based on a Turnover of £217.2k and 0.28x industry multiple (adjusted for size and gross margin).
ah asset solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AH ASSET SOLUTIONS LIMITED at £619.7k based on an EBITDA of £198.1k and a 3.13x industry multiple (adjusted for size and gross margin).
ah asset solutions limited Estimated Valuation
Pomanda estimates the enterprise value of AH ASSET SOLUTIONS LIMITED at £296.6k based on Net Assets of £507k and 0.59x industry multiple (adjusted for liquidity).
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Ah Asset Solutions Limited Overview
Ah Asset Solutions Limited is a live company located in glasgow, G2 4JR with a Companies House number of SC582691. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft sector, SIC Code 46140. Founded in November 2017, it's largest shareholder is nicholas abram with a 81.8% stake. Ah Asset Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £217.2k with healthy growth in recent years.
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Ah Asset Solutions Limited Health Check
Pomanda's financial health check has awarded Ah Asset Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £217.2k, make it smaller than the average company (£15.7m)
- Ah Asset Solutions Limited
£15.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.5%)
- Ah Asset Solutions Limited
5.5% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (25.6%)
- Ah Asset Solutions Limited
25.6% - Industry AVG
Profitability
an operating margin of 91% make it more profitable than the average company (5.3%)
- Ah Asset Solutions Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
1 - Ah Asset Solutions Limited
34 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Ah Asset Solutions Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £217.2k, this is less efficient (£330.7k)
- Ah Asset Solutions Limited
£330.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (52 days)
- Ah Asset Solutions Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (41 days)
- Ah Asset Solutions Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ah Asset Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 122 weeks, this is more cash available to meet short term requirements (10 weeks)
122 weeks - Ah Asset Solutions Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (63.6%)
40.6% - Ah Asset Solutions Limited
63.6% - Industry AVG
AH ASSET SOLUTIONS LIMITED financials
Ah Asset Solutions Limited's latest turnover from November 2023 is estimated at £217.2 thousand and the company has net assets of £507 thousand. According to their latest financial statements, Ah Asset Solutions Limited has 1 employee and maintains cash reserves of £817.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,515 | 328 | 623 | 791 | 1,095 | 277 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,515 | 328 | 623 | 791 | 1,095 | 277 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,788 | 26,842 | 348,585 | 30,623 | 0 | 350 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,226 | 29,556 | 40,039 | 4,990 | 7,164 | 5 |
| Cash | 817,560 | 431,098 | 641,220 | 95,483 | 35,163 | 149,817 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 850,574 | 487,496 | 1,029,844 | 131,096 | 42,327 | 150,172 |
| total assets | 854,089 | 487,824 | 1,030,467 | 131,887 | 43,422 | 150,449 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 32,850 | 40,569 | 0 | 3,806 | 0 | 110,025 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 313,381 | 111,814 | 589,874 | 40,352 | 14,481 | 40,515 |
| total current liabilities | 346,231 | 152,383 | 589,874 | 44,158 | 14,481 | 150,540 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 879 | 82 | 118 | 150 | 208 | 0 |
| total long term liabilities | 879 | 82 | 118 | 150 | 208 | 0 |
| total liabilities | 347,110 | 152,465 | 589,992 | 44,308 | 14,689 | 150,540 |
| net assets | 506,979 | 335,359 | 440,475 | 87,579 | 28,733 | -91 |
| total shareholders funds | 506,979 | 335,359 | 440,475 | 87,579 | 28,733 | -91 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 452 | 295 | 168 | 304 | 152 | 40 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -23,384 | -332,226 | 353,011 | 28,449 | 6,809 | 355 |
| Creditors | -7,719 | 40,569 | -3,806 | 3,806 | -110,025 | 110,025 |
| Accruals and Deferred Income | 201,567 | -478,060 | 549,522 | 25,871 | -26,034 | 40,515 |
| Deferred Taxes & Provisions | 797 | -36 | -32 | -58 | 208 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 386,462 | -210,122 | 545,737 | 60,320 | -114,654 | 149,817 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 386,462 | -210,122 | 545,737 | 60,320 | -114,654 | 149,817 |
ah asset solutions limited Credit Report and Business Information
Ah Asset Solutions Limited Competitor Analysis
Perform a competitor analysis for ah asset solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
ah asset solutions limited Ownership
AH ASSET SOLUTIONS LIMITED group structure
Ah Asset Solutions Limited has no subsidiary companies.
Ultimate parent company
AH ASSET SOLUTIONS LIMITED
SC582691
ah asset solutions limited directors
Ah Asset Solutions Limited currently has 1 director, Mr Nicholas Abram serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Abram | United Kingdom | 54 years | Nov 2017 | - | Director |
P&L
November 2023turnover
217.2k
-19%
operating profit
197.6k
0%
gross margin
25.6%
+7.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
507k
+0.51%
total assets
854.1k
+0.75%
cash
817.6k
+0.9%
net assets
Total assets minus all liabilities
Similar Companies
ah asset solutions limited company details
company number
SC582691
Type
Private limited with Share Capital
industry
46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft
incorporation date
November 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
272 bath street, glasgow, G2 4JR
accountant
BENNETT BROOKS & CO LTD
auditor
-
ah asset solutions 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 ah asset solutions limited.
ah asset solutions limited Companies House Filings - See Documents
| date | description | view/download |
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