al asset management (shetland) ltd
al asset management (shetland) ltd Company Information
Company Number
SC583198
Next Accounts
Sep 2025
Industry
Activities of head offices
Directors
Shareholders
alistair leslie
Group Structure
View All
Contact
Registered Address
new house hestingott, virkie, shetland, ZE3 9JR
Website
-al asset management (shetland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AL ASSET MANAGEMENT (SHETLAND) LTD at £1.8m based on a Turnover of £4.2m and 0.43x industry multiple (adjusted for size and gross margin).
al asset management (shetland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AL ASSET MANAGEMENT (SHETLAND) LTD at £1.5m based on an EBITDA of £466.7k and a 3.2x industry multiple (adjusted for size and gross margin).
al asset management (shetland) ltd Estimated Valuation
Pomanda estimates the enterprise value of AL ASSET MANAGEMENT (SHETLAND) LTD at £1.5m based on Net Assets of £695.3k and 2.13x industry multiple (adjusted for liquidity).
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Al Asset Management (shetland) Ltd Overview
Al Asset Management (shetland) Ltd is a live company located in shetland, ZE3 9JR with a Companies House number of SC583198. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2017, it's largest shareholder is alistair leslie with a 100% stake. Al Asset Management (shetland) Ltd is a young, small sized company, Pomanda has estimated its turnover at £4.2m with declining growth in recent years.
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Al Asset Management (shetland) Ltd Health Check
Pomanda's financial health check has awarded Al Asset Management (Shetland) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £4.2m, make it smaller than the average company (£20.4m)
- Al Asset Management (shetland) Ltd
£20.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7.4%)
- Al Asset Management (shetland) Ltd
7.4% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (33.6%)
- Al Asset Management (shetland) Ltd
33.6% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (5.9%)
- Al Asset Management (shetland) Ltd
5.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (111)
- Al Asset Management (shetland) Ltd
111 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
- Al Asset Management (shetland) Ltd
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £415.3k, this is more efficient (£205.7k)
- Al Asset Management (shetland) Ltd
£205.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (45 days)
- Al Asset Management (shetland) Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 303 days, this is slower than average (42 days)
- Al Asset Management (shetland) Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Al Asset Management (shetland) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Al Asset Management (shetland) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.1%, this is a higher level of debt than the average (55.6%)
80.1% - Al Asset Management (shetland) Ltd
55.6% - Industry AVG
AL ASSET MANAGEMENT (SHETLAND) LTD financials
Al Asset Management (Shetland) Ltd's latest turnover from December 2023 is estimated at £4.2 million and the company has net assets of £695.3 thousand. According to their latest financial statements, we estimate that Al Asset Management (Shetland) Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 |
| 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 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37 | 39 | 40 | 42 | 67 | 67 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 37 | 39 | 40 | 42 | 67 | 67 |
| total assets | 3,500,037 | 3,500,039 | 3,500,040 | 3,500,042 | 3,500,067 | 3,500,067 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,804,692 | 3,154,692 | 3,503,660 | 3,502,360 | 3,501,160 | 3,522,667 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,804,692 | 3,154,692 | 3,503,660 | 3,502,360 | 3,501,160 | 3,522,667 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 750 | 750 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 750 | 750 |
| total liabilities | 2,804,692 | 3,154,692 | 3,503,660 | 3,502,360 | 3,501,910 | 3,523,417 |
| net assets | 695,345 | 345,347 | -3,620 | -2,318 | -1,843 | -23,350 |
| total shareholders funds | 695,345 | 345,347 | -3,620 | -2,318 | -1,843 | -23,350 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2 | -1 | -2 | -25 | 0 | 67 |
| Creditors | -350,000 | -348,968 | 1,300 | 1,200 | -21,507 | 3,522,667 |
| Accruals and Deferred Income | 0 | 0 | 0 | -750 | 0 | 750 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
al asset management (shetland) ltd Credit Report and Business Information
Al Asset Management (shetland) Ltd Competitor Analysis
Perform a competitor analysis for al asset management (shetland) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in ZE3 area or any other competitors across 12 key performance metrics.
al asset management (shetland) ltd Ownership
AL ASSET MANAGEMENT (SHETLAND) LTD group structure
Al Asset Management (Shetland) Ltd has 1 subsidiary company.
Ultimate parent company
AL ASSET MANAGEMENT (SHETLAND) LTD
SC583198
1 subsidiary
al asset management (shetland) ltd directors
Al Asset Management (Shetland) Ltd currently has 1 director, Mr Alistair Leslie serving since Dec 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alistair Leslie | United Kingdom | 46 years | Dec 2017 | - | Director |
P&L
December 2023turnover
4.2m
-4%
operating profit
466.7k
0%
gross margin
18.9%
-0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
695.3k
+1.01%
total assets
3.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
al asset management (shetland) ltd company details
company number
SC583198
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
PFS & PARTNERS
auditor
-
address
new house hestingott, virkie, shetland, ZE3 9JR
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
al asset management (shetland) 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 did not find charges/mortgages relating to al asset management (shetland) ltd.
al asset management (shetland) 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.
Click to start generating capital raising & share issue transactions for AL ASSET MANAGEMENT (SHETLAND) LTD. This can take several minutes, an email will notify you when this has completed.
al asset management (shetland) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
