af realisations 2015 limited
af realisations 2015 limited Company Information
Company Number
02541767
Website
-Registered Address
cvr global llp, three brindley place, birmingham, B1 2JB
Industry
Manufacture of other furniture
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
satpal singh sagoo 50%
satnam sagoo 50%
af realisations 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of AF REALISATIONS 2015 LIMITED at £539.2k based on a Turnover of £1.9m and 0.29x industry multiple (adjusted for size and gross margin).
af realisations 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of AF REALISATIONS 2015 LIMITED at £0 based on an EBITDA of £-85.6k and a 3.35x industry multiple (adjusted for size and gross margin).
af realisations 2015 limited Estimated Valuation
Pomanda estimates the enterprise value of AF REALISATIONS 2015 LIMITED at £0 based on Net Assets of £-25.7k and 1.77x industry multiple (adjusted for liquidity).
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Af Realisations 2015 Limited Overview
Af Realisations 2015 Limited is a dissolved company that was located in birmingham, B1 2JB with a Companies House number of 02541767. It operated in the manufacture of other furniture sector, SIC Code 31090. Founded in September 1990, it's largest shareholder was satpal singh sagoo with a 50% stake. The last turnover for Af Realisations 2015 Limited was estimated at £1.9m.
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Af Realisations 2015 Limited Health Check
Pomanda's financial health check has awarded Af Realisations 2015 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£6.6m)
- Af Realisations 2015 Limited
£6.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (0.6%)
- Af Realisations 2015 Limited
0.6% - Industry AVG
Production
with a gross margin of 26%, this company has a comparable cost of product (32.1%)
- Af Realisations 2015 Limited
32.1% - Industry AVG
Profitability
an operating margin of -6.5% make it less profitable than the average company (3%)
- Af Realisations 2015 Limited
3% - Industry AVG
Employees
with 13 employees, this is below the industry average (107)
- Af Realisations 2015 Limited
107 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
- Af Realisations 2015 Limited
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £143.8k, this is more efficient (£101.2k)
- Af Realisations 2015 Limited
£101.2k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (45 days)
- Af Realisations 2015 Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 216 days, this is slower than average (45 days)
- Af Realisations 2015 Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 84 days, this is more than average (40 days)
- Af Realisations 2015 Limited
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Af Realisations 2015 Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.2%, this is a higher level of debt than the average (70.1%)
103.2% - Af Realisations 2015 Limited
70.1% - Industry AVG
af realisations 2015 limited Credit Report and Business Information
Af Realisations 2015 Limited Competitor Analysis
Perform a competitor analysis for af realisations 2015 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
af realisations 2015 limited Ownership
AF REALISATIONS 2015 LIMITED group structure
Af Realisations 2015 Limited has no subsidiary companies.
Ultimate parent company
AF REALISATIONS 2015 LIMITED
02541767
af realisations 2015 limited directors
Af Realisations 2015 Limited currently has 3 directors. The longest serving directors include Mr Satnam Sagoo (Nov 2010) and Mr Colin Cooke (Mar 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Satnam Sagoo | United Kingdom | 51 years | Nov 2010 | - | Director |
| Mr Colin Cooke | England | 69 years | Mar 2014 | - | Director |
| Mr Satpal Sagoo | United Kingdom | 50 years | Oct 2014 | - | Director |
AF REALISATIONS 2015 LIMITED financials
Af Realisations 2015 Limited's latest turnover from February 2014 is estimated at £1.9 million and the company has net assets of -£25.7 thousand. According to their latest financial statements, we estimate that Af Realisations 2015 Limited has 13 employees and maintains cash reserves of £39.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2014 | Feb 2013 | Dec 2012 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| 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
| Feb 2014 | Feb 2013 | Dec 2012 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 206,605 | 242,258 | 282,911 | 282,911 | 834,901 | 913,227 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 206,605 | 242,258 | 282,911 | 282,911 | 834,901 | 913,227 |
| Stock & work in progress | 321,476 | 393,247 | 385,199 | 412,144 | 403,828 | 586,638 |
| Trade Debtors | 228,411 | 86,340 | 130,965 | 66,874 | 113,844 | 568,249 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 39,913 | 41,577 | 81,053 | 55,152 | 72,320 | 2,830 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 589,800 | 521,164 | 597,217 | 534,170 | 589,992 | 1,157,717 |
| total assets | 796,405 | 763,422 | 880,128 | 817,081 | 1,424,893 | 2,070,944 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 822,063 | 667,998 | 661,447 | 711,329 | 1,126,535 | 1,575,013 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 822,063 | 667,998 | 661,447 | 711,329 | 1,126,535 | 1,575,013 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 13,503 | 22,096 | 24,990 | 268,722 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 13,503 | 22,096 | 24,990 | 268,722 |
| total liabilities | 822,063 | 667,998 | 674,950 | 733,425 | 1,151,525 | 1,843,735 |
| net assets | -25,658 | 95,424 | 205,178 | 83,656 | 273,368 | 227,209 |
| total shareholders funds | -25,658 | 95,424 | 205,178 | 83,656 | 273,368 | 227,209 |
| Feb 2014 | Feb 2013 | Dec 2012 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 35,653 | 40,653 | 34,036 | 78,327 | 326,982 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -71,771 | 8,048 | -18,629 | 8,316 | -182,810 | 586,638 |
| Debtors | 142,071 | -44,625 | 17,121 | -46,970 | -454,405 | 568,249 |
| Creditors | 154,065 | 6,551 | -465,088 | -415,206 | -448,478 | 1,575,013 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -13,503 | -11,487 | -2,894 | -243,732 | 268,722 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -1,664 | -39,476 | 8,733 | -17,168 | 69,490 | 2,830 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,664 | -39,476 | 8,733 | -17,168 | 69,490 | 2,830 |
P&L
February 2014turnover
1.9m
+29%
operating profit
-121.3k
0%
gross margin
26.1%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2014net assets
-25.7k
-1.27%
total assets
796.4k
+0.04%
cash
39.9k
-0.04%
net assets
Total assets minus all liabilities
af realisations 2015 limited company details
company number
02541767
Type
Private limited with Share Capital
industry
31090 - Manufacture of other furniture
incorporation date
September 1990
age
34
accounts
Total Exemption Small
ultimate parent company
previous names
ashcraft furniture limited (July 2015)
ashcraft routed components limited (July 1997)
incorporated
UK
address
cvr global llp, three brindley place, birmingham, B1 2JB
last accounts submitted
February 2014
af realisations 2015 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 found 5 charges/mortgages relating to af realisations 2015 limited. Currently there are 2 open charges and 3 have been satisfied in the past.
af realisations 2015 limited Companies House Filings - See Documents
| date | description | view/download |
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