ab2t limited
ab2t limited Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
unit 1b & 3g ,95 westburn drive, cambuslang, glasgow, G72 7NA
Website
ab2t.co.ukab2t limited Estimated Valuation
Pomanda estimates the enterprise value of AB2T LIMITED at £42.4k based on a Turnover of £84.2k and 0.5x industry multiple (adjusted for size and gross margin).
ab2t limited Estimated Valuation
Pomanda estimates the enterprise value of AB2T LIMITED at £0 based on an EBITDA of £-663 and a 3.28x industry multiple (adjusted for size and gross margin).
ab2t limited Estimated Valuation
Pomanda estimates the enterprise value of AB2T LIMITED at £0 based on Net Assets of £-663 and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ab2t Limited Overview
Ab2t Limited is a live company located in glasgow, G72 7NA with a Companies House number of SC706646. It operates in the driving school activities sector, SIC Code 85530. Founded in August 2021, it's largest shareholder is john murphy with a 100% stake. Ab2t Limited is a startup, micro sized company, Pomanda has estimated its turnover at £84.2k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ab2t Limited Health Check
Pomanda's financial health check has awarded Ab2T Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £84.2k, make it smaller than the average company (£2.3m)
- Ab2t Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ab2t Limited
- - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (38.2%)
- Ab2t Limited
38.2% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (5%)
- Ab2t Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Ab2t Limited
17 - Industry AVG
Pay Structure
on an average salary of £39k, the company has an equivalent pay structure (£39k)
- Ab2t Limited
£39k - Industry AVG
Efficiency
resulting in sales per employee of £84.2k, this is less efficient (£118.4k)
- Ab2t Limited
£118.4k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (44 days)
- Ab2t Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (28 days)
- Ab2t Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ab2t Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ab2t Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.8%, this is a higher level of debt than the average (56.5%)
102.8% - Ab2t Limited
56.5% - Industry AVG
AB2T LIMITED financials
Ab2T Limited's latest turnover from August 2023 is estimated at £84.2 thousand and the company has net assets of -£663. According to their latest financial statements, we estimate that Ab2T Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | |
|---|---|---|
| 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
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 100 | |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 100 | |
| Stock & work in progress | ||
| Trade Debtors | 22,648 | |
| Group Debtors | ||
| Misc Debtors | 700 | |
| Cash | ||
| misc current assets | ||
| total current assets | 23,348 | |
| total assets | 23,348 | 100 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 14,532 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 14,532 | |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 5,558 | |
| other liabilities | ||
| provisions | 3,921 | |
| total long term liabilities | 9,479 | |
| total liabilities | 24,011 | |
| net assets | -663 | 100 |
| total shareholders funds | -663 | 100 |
| Aug 2023 | Aug 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 23,348 | |
| Creditors | 14,532 | |
| Accruals and Deferred Income | 5,558 | |
| Deferred Taxes & Provisions | 3,921 | |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -100 | 100 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
ab2t limited Credit Report and Business Information
Ab2t Limited Competitor Analysis
Perform a competitor analysis for ab2t limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in G72 area or any other competitors across 12 key performance metrics.
ab2t limited Ownership
AB2T LIMITED group structure
Ab2T Limited has no subsidiary companies.
Ultimate parent company
AB2T LIMITED
SC706646
ab2t limited directors
Ab2T Limited currently has 1 director, Mr John Murphy serving since Aug 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Murphy | 63 years | Aug 2021 | - | Director |
P&L
August 2023turnover
84.2k
0%
operating profit
-663
0%
gross margin
25.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-663
-7.63%
total assets
23.3k
+232.48%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ab2t limited company details
company number
SC706646
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
85530 - Driving school activities
incorporation date
August 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
unit 1b & 3g ,95 westburn drive, cambuslang, glasgow, G72 7NA
Bank
-
Legal Advisor
-
ab2t 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 ab2t limited.
ab2t 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.
Click to start generating capital raising & share issue transactions for AB2T LIMITED. This can take several minutes, an email will notify you when this has completed.
ab2t limited Companies House Filings - See Documents
| date | description | view/download |
|---|
