Abel Brothers Ltd
Registered name: ABEL BROTHERS LTD
Abel Brothers Ltd made £4.4m revenue and £742k profit in the year to 30 Apr 2023.
Abel Brothers Ltd’s revenue grew 21% to £4.4m in the year to 30 Apr 2023, with £742k profit and 21 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in London; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £3.6m | £4.4m |
| Cost of sales | £2.4m | £3m |
| Gross profit | £1.3m | £1.5m |
| Operating profit | £829k | £910k |
| Profit before tax | £829k | £910k |
| Profit after tax | £675k | £742k |
| Profit (best available) | £675k | £742k |
| Employees (average) | 18 | 21 |
| Ratios | ||
| Profit margin | 18.6% | 16.8% |
| Gross margin | 34.5% | 33% |
| Revenue per employee | £202k | £210k |
| Profit per employee | £37.5k | £35.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲21.4% |
| Profit growth | — | ▲9.9% |
| Headcount growth | — | ▲16.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £373k | £312k |
| Net assets | £2.3m | £3m |
| Fixed assets | £873k | £1.3m |
| Current assets | £1.6m | £2m |
| Debtors | £675k | £891k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 33%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £210k
- Revenue ÷ average employees.
- Profit per employee
- £35.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.2%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲33%
- Now £3m
- Cash at bank
- ▼16%
- Now £312k
- Headcount
- ▲17%
- Now 21
- Deferred income
- —
- Now —
- Fixed assets
- ▲45%
- Now £1.3m
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- Dekarta LtdLondon · Agents involved in the sale of a variety of goods
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- Revenue
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- Huggables LimitedLayton Square Blackpool · Agents involved in the sale of a variety of goods
- Revenue
- £2.6m
- Profit
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- Montrex LtdLondon · Agents involved in the sale of a variety of goods
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2023 (profit £742k), from the Companies House accounts bulk data published Jan 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.