Pomanda estimates the enterprise value of MICHAEL ABAKHAN LIMITED at £9.5m based on a Turnover of £15.1m and 0.63x industry multiple (adjusted for size and gross margin).
michael abakhan limitedEstimated Valuation
£3.8m
Pomanda estimates the enterprise value of MICHAEL ABAKHAN LIMITED at £3.8m based on an EBITDA of £621.2k and a 6.05x industry multiple (adjusted for size and gross margin).
michael abakhan limitedEstimated Valuation
£29.2m
Pomanda estimates the enterprise value of MICHAEL ABAKHAN LIMITED at £29.2m based on Net Assets of £9.6m and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Michael Abakhan LimitedOverview
Michael Abakhan Limited is a live company located in mostyn, CH8 9DX with a Companies House number of 00799559. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in April 1964, it's largest shareholder is
b. abakhan
with a 32.5% stake. Michael Abakhan Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£15.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Michael Abakhan Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
8 Strong
0 Regular
4 Weak
Size
annual sales of £15.1m, make it larger than the average company (£1.6m)
£15.1m - Michael Abakhan Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.6%)
-7% - Michael Abakhan Limited
8.6% - Industry AVG
Production
with a gross margin of 57.6%, this company has a lower cost of product (42.6%)
57.6% - Michael Abakhan Limited
42.6% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (5%)
1.6% - Michael Abakhan Limited
5% - Industry AVG
Employees
with 337 employees, this is above the industry average (38)
337 - Michael Abakhan Limited
38 - Industry AVG
Pay Structure
on an average salary of £14.2k, the company has a lower pay structure (£19.4k)
£14.2k - Michael Abakhan Limited
£19.4k - Industry AVG
Efficiency
resulting in sales per employee of £44.8k, this is less efficient (£88.7k)
£44.8k - Michael Abakhan Limited
£88.7k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (9 days)
2 days - Michael Abakhan Limited
9 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (32 days)
37 days - Michael Abakhan Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 285 days, this is more than average (84 days)
285 days - Michael Abakhan Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 47 weeks, this is more cash available to meet short term requirements (25 weeks)
47 weeks - Michael Abakhan Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.9%, this is a lower level of debt than the average (64%)
17.9% - Michael Abakhan Limited
64% - Industry AVG
MICHAEL ABAKHAN LIMITED financials
EXPORT
Michael Abakhan Limited's latest turnover from January 2024 is £15.1 million and the company has net assets of £9.6 million. According to their latest financial statements, Michael Abakhan Limited has 337 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
15,081,004
14,031,258
11,607,562
19,032,299
16,373,125
16,493,833
16,951,943
16,659,605
16,124,553
16,349,499
15,366,613
14,243,263
13,463,278
11,992,291
11,322,165
Other Income Or Grants
Cost Of Sales
6,391,077
6,110,843
4,751,956
7,741,431
7,146,892
7,205,150
7,606,793
7,843,006
7,209,398
7,151,294
7,067,807
6,177,615
6,023,433
5,420,437
5,339,672
Gross Profit
8,689,927
7,920,415
6,855,606
11,290,868
9,226,233
9,288,683
9,345,150
8,816,599
8,915,155
9,198,205
8,298,806
8,065,648
7,439,845
6,571,854
5,982,493
Admin Expenses
8,449,513
8,230,352
6,661,759
11,170,383
8,961,144
8,579,672
8,532,023
7,997,129
8,021,759
8,237,997
7,377,611
6,783,536
6,519,976
5,758,424
5,335,905
Operating Profit
240,414
-309,937
193,847
120,485
265,089
709,011
813,127
819,470
893,396
960,208
921,195
1,282,112
919,869
813,430
646,588
Interest Payable
44,614
38,854
41,768
59,423
41,093
46,944
71,471
75,312
71,583
60,880
11,541
10,727
15,885
20,496
41,099
Interest Receivable
137,989
70,413
37,302
83,541
1,860
955
236
88
42
73
442
595
593
Pre-Tax Profit
412,819
-290,032
217,142
49,306
242,356
726,615
785,587
702,056
771,942
899,401
910,096
1,271,980
904,564
792,934
605,489
Tax
-68,334
25,336
8,624
60,729
-39,920
-24,994
-98,171
-138,709
-124,696
-214,554
-123,519
-263,004
-168,346
-164,717
-101,215
Profit After Tax
344,485
-264,696
225,766
110,035
202,436
701,621
687,416
563,347
647,246
684,847
786,577
1,008,976
736,218
628,217
504,274
Dividends Paid
111,442
100,000
200,000
100,000
100,000
37,853
33,957
Retained Profit
171,948
-273,423
217,039
-28,404
169,771
406,416
302,800
420,052
352,103
538,068
534,961
745,077
536,279
481,336
371,176
Employee Costs
4,797,222
4,656,935
4,554,686
7,614,687
5,541,043
5,203,546
5,137,986
4,954,551
4,706,886
4,787,365
4,381,971
4,012,677
3,824,565
3,363,324
3,161,343
Number Of Employees
337
343
405
367
434
426
409
428
438
358
329
306
308
281
282
EBITDA*
621,172
69,708
585,228
688,884
612,336
1,057,815
1,218,649
1,213,530
1,224,555
1,327,740
1,239,851
1,579,415
1,170,982
1,038,748
860,400
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
4,842,112
5,150,963
5,265,738
5,529,888
5,473,329
5,593,726
5,845,089
5,847,565
5,750,304
6,789,004
6,292,403
4,226,952
4,311,828
3,854,155
4,019,016
Intangible Assets
Investments & Other
2,131,650
2,121,442
2,008,517
2,132,137
2,192,926
1,980,630
1,948,365
1,772,409
1,532,435
Debtors (Due After 1 year)
Total Fixed Assets
6,973,762
7,272,405
7,274,255
7,662,025
7,666,255
7,574,356
7,793,454
7,619,974
7,282,739
6,789,004
6,292,403
4,226,952
4,311,828
3,854,155
4,019,016
Stock & work in progress
5,002,358
5,100,427
5,168,185
4,883,936
5,677,009
5,762,514
5,909,276
5,728,238
5,923,854
5,871,129
5,725,579
4,903,018
4,385,408
4,007,783
3,301,752
Trade Debtors
112,886
36,011
51,600
100,773
179,188
141,512
245,119
159,427
103,985
83,327
116,610
103,877
73,149
105,273
118,724
Group Debtors
Misc Debtors
414,344
425,451
612,211
610,658
324,652
353,619
268,548
375,282
340,932
340,165
354,083
344,491
267,020
275,863
348,212
Cash
1,568,663
1,723,740
1,798,539
2,179,725
1,698,261
1,667,256
1,845,800
1,696,697
271,775
376,315
506,208
817,668
690,164
302,745
353,524
misc current assets
total current assets
7,098,251
7,285,629
7,630,535
7,775,092
7,879,110
7,924,901
8,268,743
7,959,644
6,640,546
6,670,936
6,702,480
6,169,054
5,415,741
4,691,664
4,122,212
total assets
14,072,013
14,558,034
14,904,790
15,437,117
15,545,365
15,499,257
16,062,197
15,579,618
13,923,285
13,459,940
12,994,883
10,396,006
9,727,569
8,545,819
8,141,228
Bank overdraft
155,464
250,386
434,875
420,825
66,217
127,924
317,514
156,125
208,279
93,765
115,342
Bank loan
970,956
658,587
1,331,572
344,825
302,716
214,969
218,204
82,429
133,708
169,539
172,547
Trade Creditors
664,306
1,022,557
447,330
625,803
582,535
609,424
689,326
598,174
826,308
620,574
1,896,353
870,859
750,126
879,842
1,037,927
Group/Directors Accounts
other short term finances
10,780
9,381
2,240
5,375
hp & lease commitments
7,571
6,289
9,719
8,233
other current liabilities
889,289
836,610
898,952
583,725
1,190,969
1,128,121
1,368,018
1,407,936
712,512
1,101,723
939,483
1,106,288
1,024,782
966,263
802,589
total current liabilities
1,709,059
2,109,553
1,781,157
1,641,133
2,744,460
2,396,132
3,398,297
2,350,935
1,909,993
2,070,565
3,379,125
2,221,990
2,126,614
2,117,642
2,128,405
loans
207,244
650,321
1,055,778
1,525,364
577,081
1,165,700
1,263,435
2,550,670
2,525,895
1,942,484
401,780
87,586
182,729
303,287
481,162
hp & lease commitments
2,240
7,615
2,196
8,485
3,431
Accruals and Deferred Income
other liabilities
provisions
598,550
577,037
643,472
576,563
290,885
294,511
290,357
336,324
393,028
116,834
57,115
57,778
46,868
16,540
11,638
total long term liabilities
805,794
1,227,358
1,699,250
2,101,927
867,966
1,460,211
1,553,792
2,886,994
2,918,923
2,061,558
466,510
147,560
238,082
323,258
492,800
total liabilities
2,514,853
3,336,911
3,480,407
3,743,060
3,612,426
3,856,343
4,952,089
5,237,929
4,828,916
4,132,123
3,845,635
2,369,550
2,364,696
2,440,900
2,621,205
net assets
9,641,470
9,303,506
9,563,814
9,669,207
9,935,170
9,663,634
9,263,115
8,727,701
7,741,287
7,976,577
7,764,231
6,941,802
6,370,589
5,352,846
4,900,418
total shareholders funds
9,641,470
9,303,506
9,563,814
9,669,207
9,935,170
9,663,634
9,263,115
8,727,701
7,741,287
7,976,577
7,764,231
6,941,802
6,370,589
5,352,846
4,900,418
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
240,414
-309,937
193,847
120,485
265,089
709,011
813,127
819,470
893,396
960,208
921,195
1,282,112
919,869
813,430
646,588
Depreciation
380,758
379,645
391,381
568,399
347,247
348,804
405,522
394,060
331,159
367,532
318,656
297,303
251,113
225,318
213,812
Amortisation
Tax
-68,334
25,336
8,624
60,729
-39,920
-24,994
-98,171
-138,709
-124,696
-214,554
-123,519
-263,004
-168,346
-164,717
-101,215
Stock
-98,069
-67,758
284,249
4,883,936
-85,505
-146,762
181,038
-195,616
52,725
145,550
822,561
517,610
377,625
706,031
3,301,752
Debtors
65,768
-202,349
-47,620
711,431
8,709
-18,536
-21,042
89,792
21,425
-47,201
22,325
108,199
-40,967
-85,800
466,936
Creditors
-358,251
575,227
-178,473
625,803
-26,889
-79,902
91,152
-228,134
205,734
-1,275,779
1,025,494
120,733
-129,716
-158,085
1,037,927
Accruals and Deferred Income
52,679
-62,342
315,227
583,725
62,848
-239,897
-39,918
695,424
-389,211
162,240
-166,805
81,506
58,519
163,674
802,589
Deferred Taxes & Provisions
21,513
-66,435
66,909
576,563
-3,626
4,154
-45,967
-56,704
276,194
59,719
-663
10,910
30,328
4,902
11,638
Cash flow from operations
301,080
811,601
560,886
-3,059,663
681,545
882,474
965,749
1,591,231
1,118,426
-38,983
1,129,472
903,751
625,109
264,291
-1,157,349
Investing Activities
capital expenditure
-343,334
-108,500
-255,495
-69,633
-1,318,469
-1,311,884
-2,260,241
-345,698
-219,835
-68,671
-178,451
Change in Investments
10,208
112,925
-123,620
2,132,137
212,296
32,265
175,956
239,974
1,532,435
cash flow from investments
-10,208
-112,925
123,620
-2,132,137
-555,630
-140,765
-431,451
-309,607
-2,850,904
-1,311,884
-2,260,241
-345,698
-219,835
-68,671
-178,451
Financing Activities
Bank loans
312,369
-672,985
986,747
42,109
87,747
-3,235
135,775
-51,279
-35,831
-3,008
172,547
Group/Directors Accounts
Other Short Term Loans
-10,780
10,780
-9,381
9,381
-2,240
-3,135
5,375
Long term loans
-443,077
-405,457
-469,586
1,525,364
-588,619
-97,735
-1,287,235
24,775
583,411
1,540,704
314,194
-95,143
-120,558
-177,875
481,162
Hire Purchase and Lease Commitments
-2,240
-12,946
6,701
-9,719
6,540
11,664
other long term liabilities
share issue
166,016
13,115
-322,432
9,697,611
101,765
-5,897
232,614
566,362
-587,393
-325,722
287,468
-173,864
481,464
-28,908
4,529,242
interest
93,375
31,559
-4,466
24,118
-39,233
-45,989
-71,235
-75,224
-71,541
-60,807
-11,099
-10,132
-15,292
-20,496
-41,099
cash flow from financing
-183,686
-360,783
-807,264
11,257,873
-213,718
-831,987
-129,728
555,782
6,849
1,143,369
733,039
-340,137
316,323
-218,623
5,141,852
cash and cash equivalents
cash
-155,077
-74,799
-381,186
2,179,725
31,005
-178,544
149,103
1,424,922
-104,540
-129,893
-311,460
127,504
387,419
-50,779
353,524
overdraft
-94,922
-184,489
14,050
420,825
-66,217
-61,707
-189,590
161,389
-52,154
114,514
-21,577
115,342
change in cash
-60,155
109,690
-395,236
1,758,900
31,005
-178,544
149,103
1,491,139
-42,833
59,697
-472,849
179,658
272,905
-29,202
238,182
michael abakhan limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for michael abakhan limited. Get real-time insights into michael abakhan limited's credit score, group structure and payment trends.
Perform a competitor analysis for michael abakhan limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in CH8 area or any other competitors across 12 key performance metrics.
michael abakhan limited Ownership
MICHAEL ABAKHAN LIMITED group structure
Michael Abakhan Limited has no subsidiary companies.
Ultimate parent company
MICHAEL ABAKHAN LIMITED
00799559
MICHAEL ABAKHAN LIMITED Shareholders
The largest shareholders in Michael Abakhan Limited include B. Abakhan and William Loudon Abakhan.
b. abakhan
32.53%
william loudon abakhan
32.53%
george abakhan
19.97%
simon powell
14.97%
michael abakhan limited directors
Michael Abakhan Limited currently has 5 directors.
The longest serving directors include
Mrs Susan Abakhan (Nov 1991) and
Mr George Abakhan (Nov 1991).
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 found 14 charges/mortgages relating to michael abakhan limited. Currently there are 12 open charges and 2 have been satisfied in the past.
michael abakhan 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.
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michael abakhan limitedCompanies House Filings - See Documents
