afh distribution limited
afh distribution limited Company Information
Company Number
09594197
Website
-Registered Address
5 station road, liphook, GU30 7DW
Industry
Wholesale of watches and jewellery
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
keith sheppard 50%
coswi limited 50%
afh distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AFH DISTRIBUTION LIMITED at £1.8m based on a Turnover of £6.7m and 0.27x industry multiple (adjusted for size and gross margin).
afh distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AFH DISTRIBUTION LIMITED at £105.9k based on an EBITDA of £33.4k and a 3.18x industry multiple (adjusted for size and gross margin).
afh distribution limited Estimated Valuation
Pomanda estimates the enterprise value of AFH DISTRIBUTION LIMITED at £382.3k based on Net Assets of £299.2k and 1.28x industry multiple (adjusted for liquidity).
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Afh Distribution Limited Overview
Afh Distribution Limited is a live company located in liphook, GU30 7DW with a Companies House number of 09594197. It operates in the wholesale of watches and jewellery sector, SIC Code 46480. Founded in May 2015, it's largest shareholder is keith sheppard with a 50% stake. Afh Distribution Limited is a young, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.
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Afh Distribution Limited Health Check
Pomanda's financial health check has awarded Afh Distribution Limited a 3.5 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
4 Strong
2 Regular
6 Weak
Size
annual sales of £6.7m, make it smaller than the average company (£13.6m)
- Afh Distribution Limited
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2%)
- Afh Distribution Limited
2% - Industry AVG
Production
with a gross margin of 33.9%, this company has a comparable cost of product (33.9%)
- Afh Distribution Limited
33.9% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4.8%)
- Afh Distribution Limited
4.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (35)
3 - Afh Distribution Limited
35 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Afh Distribution Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £2.2m, this is more efficient (£345.6k)
- Afh Distribution Limited
£345.6k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (33 days)
- Afh Distribution Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 133 days, this is slower than average (32 days)
- Afh Distribution Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is less than average (143 days)
- Afh Distribution Limited
143 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (16 weeks)
5 weeks - Afh Distribution Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.1%, this is a higher level of debt than the average (57.2%)
90.1% - Afh Distribution Limited
57.2% - Industry AVG
afh distribution limited Credit Report and Business Information
Afh Distribution Limited Competitor Analysis
Perform a competitor analysis for afh distribution limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
afh distribution limited Ownership
AFH DISTRIBUTION LIMITED group structure
Afh Distribution Limited has no subsidiary companies.
Ultimate parent company
COSWI LTD
#0092363
1 parent
AFH DISTRIBUTION LIMITED
09594197
afh distribution limited directors
Afh Distribution Limited currently has 2 directors. The longest serving directors include Mr Gerard Yip (May 2015) and Mr Theodore Sheppard (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard Yip | 63 years | May 2015 | - | Director | |
| Mr Theodore Sheppard | England | 38 years | Jul 2023 | - | Director |
AFH DISTRIBUTION LIMITED financials
Afh Distribution Limited's latest turnover from December 2022 is estimated at £6.7 million and the company has net assets of £299.2 thousand. According to their latest financial statements, Afh Distribution Limited has 3 employees and maintains cash reserves of £280.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 466,561 | 701,830 | 552,929 | 255,532 | 228,650 | 375,611 | 322,270 | 38,234 |
| Trade Debtors | 1,092,922 | 1,042,937 | 1,161,803 | 743,178 | 771,295 | 1,439,663 | 804,799 | 93,523 |
| Group Debtors | 276,134 | 296,405 | 196,355 | 180,883 | 47,807 | 0 | 0 | 0 |
| Misc Debtors | 911,146 | 705,824 | 182,096 | 100 | 100 | 100 | 100 | 1,745 |
| Cash | 280,128 | 356,756 | 389,632 | 495,027 | 883,158 | 1,306,414 | 271,701 | 369,429 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,026,891 | 3,103,752 | 2,482,815 | 1,674,720 | 1,931,010 | 3,121,788 | 1,398,870 | 502,931 |
| total assets | 3,026,891 | 3,103,752 | 2,482,815 | 1,674,720 | 1,931,010 | 3,121,788 | 1,398,870 | 502,931 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 9,999 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,615,676 | 2,121,211 | 1,622,861 | 973,771 | 741,164 | 1,807,010 | 611,831 | 73,728 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 187,935 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,077,061 | 671,981 | 568,255 | 455,264 | 971,256 | 939,311 | 711,660 | 375,737 |
| total current liabilities | 2,702,737 | 2,803,191 | 2,196,116 | 1,429,035 | 1,712,420 | 2,934,256 | 1,323,491 | 449,465 |
| loans | 25,000 | 34,400 | 45,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,000 | 34,400 | 45,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,727,737 | 2,837,591 | 2,241,116 | 1,429,035 | 1,712,420 | 2,934,256 | 1,323,491 | 449,465 |
| net assets | 299,154 | 266,161 | 241,699 | 245,685 | 218,590 | 187,532 | 75,379 | 53,466 |
| total shareholders funds | 299,154 | 266,161 | 241,699 | 245,685 | 218,590 | 187,532 | 75,379 | 53,466 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -235,269 | 148,901 | 297,397 | 26,882 | -146,961 | 53,341 | 284,036 | 38,234 |
| Debtors | 235,036 | 504,912 | 616,093 | 104,959 | -620,561 | 634,864 | 709,631 | 95,268 |
| Creditors | -505,535 | 498,350 | 649,090 | 232,607 | -1,065,846 | 1,195,179 | 538,103 | 73,728 |
| Accruals and Deferred Income | 405,080 | 103,726 | 112,991 | -515,992 | 31,945 | 227,651 | 335,923 | 375,737 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 1 | 4,999 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -187,935 | 187,935 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,400 | -10,600 | 45,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -76,628 | -32,876 | -105,395 | -388,131 | -423,256 | 1,034,713 | -97,728 | 369,429 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -76,628 | -32,876 | -105,395 | -388,131 | -423,256 | 1,034,713 | -97,728 | 369,429 |
P&L
December 2022turnover
6.7m
-17%
operating profit
33.4k
0%
gross margin
34%
-0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
299.2k
+0.12%
total assets
3m
-0.02%
cash
280.1k
-0.21%
net assets
Total assets minus all liabilities
Similar Companies
afh distribution limited company details
company number
09594197
Type
Private limited with Share Capital
industry
46480 - Wholesale of watches and jewellery
incorporation date
May 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
5 station road, liphook, GU30 7DW
last accounts submitted
December 2022
afh distribution 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 afh distribution limited.
afh distribution limited Companies House Filings - See Documents
| date | description | view/download |
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