akins squared limited
akins squared limited Company Information
Company Number
11588575
Website
akins-squared.comRegistered Address
office 4, 219 kensington high street, kensington, london, W8 6BD
Industry
Motion picture, television and other theatrical casting
Telephone
447365967821
Next Accounts Due
June 2024
Group Structure
View All
Directors
Akinola Kongi5 Years
Shareholders
akinola kongi 100%
akins squared limited Estimated Valuation
Pomanda estimates the enterprise value of AKINS SQUARED LIMITED at £9.1k based on a Turnover of £28.8k and 0.31x industry multiple (adjusted for size and gross margin).
akins squared limited Estimated Valuation
Pomanda estimates the enterprise value of AKINS SQUARED LIMITED at £0 based on an EBITDA of £-43.9k and a 3.9x industry multiple (adjusted for size and gross margin).
akins squared limited Estimated Valuation
Pomanda estimates the enterprise value of AKINS SQUARED LIMITED at £0 based on Net Assets of £-167.8k and 2.6x industry multiple (adjusted for liquidity).
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Akins Squared Limited Overview
Akins Squared Limited is a live company located in kensington, W8 6BD with a Companies House number of 11588575. It operates in the motion picture, television and other theatrical casting activities sector, SIC Code 78101. Founded in September 2018, it's largest shareholder is akinola kongi with a 100% stake. Akins Squared Limited is a young, micro sized company, Pomanda has estimated its turnover at £28.8k with declining growth in recent years.
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Akins Squared Limited Health Check
Pomanda's financial health check has awarded Akins Squared Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £28.8k, make it smaller than the average company (£237.3k)
- Akins Squared Limited
£237.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -78%, show it is growing at a slower rate (-2.4%)
- Akins Squared Limited
-2.4% - Industry AVG
Production
with a gross margin of 16.6%, this company has a higher cost of product (53.7%)
- Akins Squared Limited
53.7% - Industry AVG
Profitability
an operating margin of -221% make it less profitable than the average company (22.2%)
- Akins Squared Limited
22.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (1)
1 - Akins Squared Limited
1 - Industry AVG
Pay Structure
on an average salary of £11.3k, the company has an equivalent pay structure (£11.3k)
- Akins Squared Limited
£11.3k - Industry AVG
Efficiency
resulting in sales per employee of £28.8k, this is less efficient (£148.2k)
- Akins Squared Limited
£148.2k - Industry AVG
Debtor Days
it gets paid by customers after 37 days, this is earlier than average (50 days)
- Akins Squared Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is slower than average (1 days)
- Akins Squared Limited
1 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Akins Squared Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Akins Squared Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 304%, this is a higher level of debt than the average (50.9%)
304% - Akins Squared Limited
50.9% - Industry AVG
akins squared limited Credit Report and Business Information
Akins Squared Limited Competitor Analysis
Perform a competitor analysis for akins squared limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
akins squared limited Ownership
AKINS SQUARED LIMITED group structure
Akins Squared Limited has no subsidiary companies.
Ultimate parent company
AKINS SQUARED LIMITED
11588575
akins squared limited directors
Akins Squared Limited currently has 1 director, Mr Akinola Kongi serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Akinola Kongi | United Kingdom | 58 years | Sep 2018 | - | Director |
AKINS SQUARED LIMITED financials
Akins Squared Limited's latest turnover from September 2022 is estimated at £28.8 thousand and the company has net assets of -£167.8 thousand. According to their latest financial statements, Akins Squared Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Tangible Assets | 79,231 | 89,039 | 109,134 | 134,060 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 4,850,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 79,231 | 89,039 | 109,134 | 4,984,060 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,983 | 16 | 15,289 | 14,334 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,983 | 16 | 15,289 | 14,334 |
| total assets | 82,214 | 89,055 | 124,423 | 4,998,394 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 367 | 193,082 | 186,459 | 194,503 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 367 | 193,082 | 186,459 | 194,503 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 249,599 | 0 | 10,000 | 10,000 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 249,599 | 0 | 10,000 | 10,000 |
| total liabilities | 249,966 | 193,082 | 196,459 | 204,503 |
| net assets | -167,752 | -104,027 | -72,036 | 4,793,891 |
| total shareholders funds | -167,752 | -104,027 | -72,036 | 4,793,891 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 19,808 | |||
| Amortisation | 0 | |||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 2,967 | -15,273 | 955 | 14,334 |
| Creditors | -192,715 | 6,623 | -8,044 | 194,503 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -4,850,000 | 4,850,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 249,599 | -10,000 | 0 | 10,000 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
P&L
September 2022turnover
28.8k
-100%
operating profit
-63.7k
0%
gross margin
16.7%
-57.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
-167.8k
+0.61%
total assets
82.2k
-0.08%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
akins squared limited company details
company number
11588575
Type
Private limited with Share Capital
industry
78101 - Motion picture, television and other theatrical casting
incorporation date
September 2018
age
6
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
office 4, 219 kensington high street, kensington, london, W8 6BD
last accounts submitted
September 2022
akins squared 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 akins squared limited.
akins squared limited Companies House Filings - See Documents
| date | description | view/download |
|---|
