auriga holdings ltd
auriga holdings ltd Company Information
Company Number
03326486
Next Accounts
Dec 2024
Industry
Development of building projects
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
afnan bashir
anwar bashir
View AllGroup Structure
View All
Contact
Registered Address
137a high street north, london, E6 1HZ
Website
www.aurigaholdings.co.ukauriga holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of AURIGA HOLDINGS LTD at £81.7m based on a Turnover of £32m and 2.56x industry multiple (adjusted for size and gross margin).
auriga holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of AURIGA HOLDINGS LTD at £14.6m based on an EBITDA of £2m and a 7.47x industry multiple (adjusted for size and gross margin).
auriga holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of AURIGA HOLDINGS LTD at £11.8m based on Net Assets of £6.9m and 1.72x industry multiple (adjusted for liquidity).
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Auriga Holdings Ltd Overview
Auriga Holdings Ltd is a live company located in london, E6 1HZ with a Companies House number of 03326486. It operates in the development of building projects sector, SIC Code 41100. Founded in March 1997, it's largest shareholder is afnan bashir with a 33% stake. Auriga Holdings Ltd is a mature, large sized company, Pomanda has estimated its turnover at £32m with healthy growth in recent years.
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Auriga Holdings Ltd Health Check
Pomanda's financial health check has awarded Auriga Holdings Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £32m, make it larger than the average company (£5.9m)
£32m - Auriga Holdings Ltd
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.6%)
14% - Auriga Holdings Ltd
2.6% - Industry AVG
Production
with a gross margin of 29.5%, this company has a higher cost of product (49.9%)
29.5% - Auriga Holdings Ltd
49.9% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (22%)
0.4% - Auriga Holdings Ltd
22% - Industry AVG
Employees
with 565 employees, this is above the industry average (32)
565 - Auriga Holdings Ltd
32 - Industry AVG
Pay Structure
on an average salary of £15.5k, the company has a lower pay structure (£39.5k)
£15.5k - Auriga Holdings Ltd
£39.5k - Industry AVG
Efficiency
resulting in sales per employee of £56.6k, this is less efficient (£207.5k)
£56.6k - Auriga Holdings Ltd
£207.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (33 days)
2 days - Auriga Holdings Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (36 days)
26 days - Auriga Holdings Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (178 days)
3 days - Auriga Holdings Ltd
178 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (13 weeks)
25 weeks - Auriga Holdings Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.6%, this is a similar level of debt than the average (64.5%)
67.6% - Auriga Holdings Ltd
64.5% - Industry AVG
AURIGA HOLDINGS LTD financials
Auriga Holdings Ltd's latest turnover from March 2023 is £32 million and the company has net assets of £6.9 million. According to their latest financial statements, Auriga Holdings Ltd has 565 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 31,951,452 | 32,358,148 | 24,068,200 | 21,484,290 | 20,727,696 | 19,976,580 | 17,465,624 | 12,380,662 | 12,480,164 | 12,202,341 | 11,862,984 | 10,825,469 | 8,654,574 | 8,117,314 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 22,535,386 | 20,249,385 | 15,736,519 | 12,847,077 | 12,784,577 | 13,090,203 | 10,942,825 | 7,307,175 | 7,228,692 | 7,113,496 | 6,894,277 | 6,360,558 | 5,059,297 | 4,816,932 |
| Gross Profit | 9,416,066 | 12,108,763 | 8,331,681 | 8,637,213 | 7,943,119 | 6,886,377 | 6,522,799 | 5,073,487 | 5,251,472 | 5,088,845 | 4,968,707 | 4,464,911 | 3,595,277 | 3,300,382 |
| Admin Expenses | 9,287,950 | 7,861,077 | 5,045,805 | 7,258,121 | 7,113,144 | 7,649,335 | 6,055,543 | 3,992,320 | 4,020,398 | 3,893,054 | 3,853,266 | 3,304,149 | 2,562,102 | 2,454,328 |
| Operating Profit | 128,116 | 4,247,686 | 3,285,876 | 1,379,092 | 829,975 | -762,958 | 467,256 | 1,081,167 | 1,231,074 | 1,195,791 | 1,115,441 | 1,160,762 | 1,033,175 | 846,054 |
| Interest Payable | 506,489 | 346,119 | 362,597 | 456,122 | 511,737 | 417,624 | 425,557 | 161,499 | 168,804 | 170,297 | 180,701 | 205,304 | 191,775 | 205,390 |
| Interest Receivable | 1,971 | 275 | 520 | 0 | 0 | 0 | 11,254 | 0 | 0 | 7 | 5 | 378 | 28 | 532 |
| Pre-Tax Profit | -376,402 | 3,901,842 | 2,923,799 | 922,970 | 242,946 | -1,180,582 | 52,953 | 919,668 | 1,062,270 | 1,025,501 | 934,745 | 976,099 | 841,428 | 641,196 |
| Tax | -169,691 | -1,104,257 | -680,318 | -277,011 | -78,143 | -15,601 | -136,717 | -226,512 | -292,240 | -301,475 | -253,714 | -353,215 | -291,487 | -231,535 |
| Profit After Tax | -546,093 | 2,797,585 | 2,243,481 | 645,959 | 164,803 | -1,196,183 | -83,764 | 693,156 | 770,030 | 724,026 | 681,031 | 622,884 | 549,941 | 409,661 |
| Dividends Paid | 559,580 | 562,700 | 556,460 | 546,600 | 545,300 | 431,200 | 409,000 | 391,710 | 475,160 | 341,000 | 334,200 | 323,700 | 309,650 | 126,539 |
| Retained Profit | -1,105,673 | 2,231,446 | 1,687,561 | 103,358 | -378,560 | -1,628,131 | -497,872 | 277,623 | 294,870 | 357,493 | 323,275 | 284,867 | 240,291 | 283,122 |
| Employee Costs | 8,765,413 | 6,952,359 | 6,167,781 | 5,833,010 | 6,074,851 | 6,608,574 | 5,360,878 | 3,431,156 | 3,205,825 | 3,028,910 | 2,963,453 | 2,691,076 | 2,197,072 | 2,098,676 |
| Number Of Employees | 565 | 491 | 469 | 470 | 470 | 501 | 429 | 296 | 300 | 290 | 315 | 289 | 202 | 183 |
| EBITDA* | 1,955,737 | 6,004,528 | 5,084,904 | 3,149,791 | 2,560,834 | 924,321 | 1,964,229 | 1,936,412 | 2,147,949 | 2,173,535 | 2,167,999 | 1,978,672 | 1,727,237 | 1,454,478 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,766,994 | 12,256,094 | 11,360,621 | 10,181,210 | 10,815,188 | 11,711,296 | 10,328,738 | 6,892,327 | 7,031,387 | 6,439,919 | 6,740,670 | 6,260,893 | 5,366,688 | 5,546,098 |
| Intangible Assets | 4,264,469 | 4,656,334 | 5,198,652 | 5,823,427 | 6,451,654 | 7,066,742 | 7,756,112 | 2,485,604 | 2,829,148 | 3,171,946 | 3,514,744 | 3,600,578 | 968,841 | 1,106,108 |
| Investments & Other | 550,000 | 550,000 | 500,000 | 1,850,000 | 1,850,000 | 1,419,500 | 1,419,500 | 1,419,500 | 1,419,500 | 1,419,500 | 1,440,202 | 1,419,500 | 1,624,237 | 1,624,237 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17,581,463 | 17,462,428 | 17,059,273 | 17,854,637 | 19,116,842 | 20,197,538 | 19,504,350 | 10,797,431 | 11,280,035 | 11,031,365 | 11,695,616 | 11,280,971 | 7,959,766 | 8,276,443 |
| Stock & work in progress | 241,321 | 160,938 | 155,431 | 163,073 | 155,002 | 238,530 | 178,002 | 102,044 | 90,393 | 87,771 | 86,367 | 61,133 | 41,680 | 37,473 |
| Trade Debtors | 176,687 | 183,933 | 197,400 | 6,896 | 12,116 | 3,397 | 5,950 | 2,916 | 1,261 | 1,116 | 1,524 | 0 | 0 | 849 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 645,924 | 561,469 | 494,797 | 762,043 | 507,508 | 412,666 | 491,816 | 291,161 | 93,575 | 123,678 | 150,772 | 273,093 | 253,638 | 101,751 |
| Cash | 2,570,553 | 5,831,907 | 4,106,524 | 1,938,771 | 1,428,190 | 875,344 | 1,216,663 | 1,542,956 | 1,606,743 | 1,447,562 | 977,015 | 770,471 | 1,063,740 | 727,310 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,634,485 | 6,738,247 | 4,954,152 | 2,870,783 | 2,102,816 | 1,529,937 | 1,892,431 | 1,939,077 | 1,791,972 | 1,660,127 | 1,215,678 | 1,104,697 | 1,359,058 | 867,383 |
| total assets | 21,215,948 | 24,200,675 | 22,013,425 | 20,725,420 | 21,219,658 | 21,727,475 | 21,396,781 | 12,736,508 | 13,072,007 | 12,691,492 | 12,911,294 | 12,385,668 | 9,318,824 | 9,143,826 |
| Bank overdraft | 0 | 0 | 0 | 0 | 7,669 | 1,032,454 | 771,396 | 0 | 0 | 0 | 450,378 | 416,138 | 0 | 0 |
| Bank loan | 674,001 | 865,709 | 825,191 | 553,572 | 697,457 | 1,646,742 | 1,258,289 | 364,026 | 341,734 | 281,538 | 0 | 0 | 392,512 | 390,925 |
| Trade Creditors | 1,644,287 | 1,988,373 | 1,693,259 | 1,171,323 | 1,451,214 | 2,097,807 | 1,056,395 | 699,508 | 576,314 | 593,173 | 573,447 | 643,148 | 370,878 | 413,723 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,398 | 2,398 | 2,398 | 2,398 | 5,138 | 143,255 | 139,929 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,845,531 | 3,692,942 | 3,344,070 | 4,011,780 | 3,558,872 | 2,926,473 | 2,888,368 | 2,350,104 | 2,841,421 | 3,076,150 | 3,304,252 | 3,498,047 | 1,221,175 | 800,329 |
| total current liabilities | 5,166,217 | 6,549,422 | 5,864,918 | 5,739,073 | 5,720,350 | 7,846,731 | 6,114,377 | 3,413,638 | 3,759,469 | 3,950,861 | 4,328,077 | 4,557,333 | 1,984,565 | 1,604,977 |
| loans | 8,196,516 | 8,844,280 | 9,721,488 | 10,316,525 | 10,889,280 | 8,594,011 | 8,236,351 | 2,431,068 | 2,730,594 | 2,495,174 | 2,697,728 | 2,221,707 | 2,044,265 | 2,455,867 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 392,209 | 534,675 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 978,207 | 808,516 | 428,447 | 358,271 | 397,836 | 302,014 | 314,544 | 217,745 | 216,789 | 0 | 0 | 41,736 | 12,647 | 45,926 |
| total long term liabilities | 9,174,723 | 9,652,796 | 10,149,935 | 10,674,796 | 11,287,116 | 9,288,234 | 9,085,825 | 2,648,813 | 2,947,383 | 2,495,174 | 2,697,728 | 2,263,443 | 2,056,912 | 2,501,793 |
| total liabilities | 14,340,940 | 16,202,218 | 16,014,853 | 16,413,869 | 17,007,466 | 17,134,965 | 15,200,202 | 6,062,451 | 6,706,852 | 6,446,035 | 7,025,805 | 6,820,776 | 4,041,477 | 4,106,770 |
| net assets | 6,875,008 | 7,998,457 | 5,957,346 | 4,270,865 | 4,175,505 | 4,557,939 | 6,161,260 | 6,643,846 | 6,358,767 | 6,242,982 | 5,885,489 | 5,562,214 | 5,277,347 | 5,037,056 |
| total shareholders funds | 6,875,008 | 7,998,457 | 5,957,346 | 4,270,865 | 4,175,505 | 4,557,939 | 6,161,260 | 6,643,846 | 6,358,767 | 6,242,982 | 5,885,489 | 5,562,214 | 5,277,347 | 5,037,056 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 128,116 | 4,247,686 | 3,285,876 | 1,379,092 | 829,975 | -762,958 | 467,256 | 1,081,167 | 1,231,074 | 1,195,791 | 1,115,441 | 1,160,762 | 1,033,175 | 846,054 |
| Depreciation | 1,295,217 | 1,214,229 | 1,174,253 | 1,142,177 | 1,018,321 | 950,091 | 770,612 | 511,701 | 574,077 | 634,946 | 704,160 | 526,616 | 556,795 | 463,915 |
| Amortisation | 532,404 | 542,613 | 624,775 | 628,522 | 712,538 | 737,188 | 726,361 | 343,544 | 342,798 | 342,798 | 348,398 | 291,294 | 137,267 | 144,509 |
| Tax | -169,691 | -1,104,257 | -680,318 | -277,011 | -78,143 | -15,601 | -136,717 | -226,512 | -292,240 | -301,475 | -253,714 | -353,215 | -291,487 | -231,535 |
| Stock | 80,383 | 5,507 | -7,642 | 8,071 | -83,528 | 60,528 | 75,958 | 11,651 | 2,622 | 1,404 | 25,234 | 19,453 | 4,207 | 37,473 |
| Debtors | 77,209 | 53,205 | -76,742 | 249,315 | 103,561 | -81,703 | 203,689 | 199,241 | -29,958 | -27,502 | -120,797 | 19,455 | 151,038 | 102,600 |
| Creditors | -344,086 | 295,114 | 521,936 | -279,891 | -646,593 | 1,041,412 | 356,887 | 123,194 | -16,859 | 19,726 | -69,701 | 272,270 | -42,845 | 413,723 |
| Accruals and Deferred Income | -847,411 | 348,872 | -667,710 | 452,908 | 632,399 | 38,105 | 538,264 | -491,317 | -234,729 | -228,102 | -193,795 | 2,276,872 | 420,846 | 800,329 |
| Deferred Taxes & Provisions | 169,691 | 380,069 | 70,176 | -39,565 | 95,822 | -12,530 | 96,799 | 956 | 216,789 | 0 | -41,736 | 29,089 | -33,279 | 45,926 |
| Cash flow from operations | 606,648 | 5,865,614 | 4,413,372 | 2,748,846 | 2,544,286 | 1,996,882 | 2,539,815 | 1,131,841 | 1,848,246 | 1,689,782 | 1,704,616 | 4,164,780 | 1,625,227 | 2,342,848 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -2,380,528 | -8,879,572 | -272,971 | -1,165,545 | -334,195 | -1,303,214 | -1,958,852 | -379,832 | -1,727,254 |
| Change in Investments | 0 | 50,000 | -1,350,000 | 0 | 430,500 | 0 | 0 | 0 | 0 | -20,702 | 20,702 | -204,737 | 0 | 1,624,237 |
| cash flow from investments | 0 | -50,000 | 1,350,000 | 0 | -430,500 | -2,380,528 | -8,879,572 | -272,971 | -1,165,545 | -313,493 | -1,323,916 | -1,754,115 | -379,832 | -3,351,491 |
| Financing Activities | ||||||||||||||
| Bank loans | -191,708 | 40,518 | 271,619 | -143,885 | -949,285 | 388,453 | 894,263 | 22,292 | 60,196 | 281,538 | 0 | -392,512 | 1,587 | 390,925 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -647,764 | -877,208 | -595,037 | -572,755 | 2,295,269 | 357,660 | 5,805,283 | -299,526 | 235,420 | -202,554 | 476,021 | 177,442 | -411,602 | 2,455,867 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | -2,740 | -530,326 | -139,140 | 674,604 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -255 | 255 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -504,518 | -345,844 | -362,077 | -456,122 | -511,737 | -417,624 | -414,303 | -161,499 | -168,804 | -170,290 | -180,696 | -204,926 | -191,747 | -204,858 |
| cash flow from financing | -1,361,766 | -1,372,869 | -686,575 | -1,183,500 | 300,047 | 213,904 | 6,975,388 | -431,277 | -52,273 | -91,306 | 295,325 | -419,996 | -601,762 | 7,395,868 |
| cash and cash equivalents | ||||||||||||||
| cash | -3,261,354 | 1,725,383 | 2,167,753 | 510,581 | 552,846 | -341,319 | -326,293 | -63,787 | 159,181 | 470,547 | 206,544 | -293,269 | 336,430 | 727,310 |
| overdraft | 0 | 0 | 0 | -7,669 | -1,024,785 | 261,058 | 771,396 | 0 | 0 | -450,378 | 34,240 | 416,138 | 0 | 0 |
| change in cash | -3,261,354 | 1,725,383 | 2,167,753 | 518,250 | 1,577,631 | -602,377 | -1,097,689 | -63,787 | 159,181 | 920,925 | 172,304 | -709,407 | 336,430 | 727,310 |
auriga holdings ltd Credit Report and Business Information
Auriga Holdings Ltd Competitor Analysis
Perform a competitor analysis for auriga holdings ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in E 6 area or any other competitors across 12 key performance metrics.
auriga holdings ltd Ownership
AURIGA HOLDINGS LTD group structure
Auriga Holdings Ltd has 3 subsidiary companies.
Ultimate parent company
AURIGA HOLDINGS LTD
03326486
3 subsidiaries
auriga holdings ltd directors
Auriga Holdings Ltd currently has 3 directors. The longest serving directors include Mr Amjad Bashir (Dec 2000) and Mr Mohammed Bashir (Mar 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Amjad Bashir | 55 years | Dec 2000 | - | Director | |
| Mr Mohammed Bashir | United Kingdom | 50 years | Mar 2004 | - | Director |
| Mr Anwar Bashir | England | 56 years | Mar 2004 | - | Director |
P&L
March 2023turnover
32m
-1%
operating profit
128.1k
-97%
gross margin
29.5%
-21.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.9m
-0.14%
total assets
21.2m
-0.12%
cash
2.6m
-0.56%
net assets
Total assets minus all liabilities
auriga holdings ltd company details
company number
03326486
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
March 1997
age
27
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
auriga group holdings limited (September 2002)
accountant
-
auditor
BARNES ROFFE LLP
address
137a high street north, london, E6 1HZ
Bank
BANK OF IRELAND, BANK OF IRELAND, BANK OF IRELAND
Legal Advisor
-
auriga holdings ltd 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 23 charges/mortgages relating to auriga holdings ltd. Currently there are 9 open charges and 14 have been satisfied in the past.
auriga holdings ltd 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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auriga holdings ltd Companies House Filings - See Documents
| date | description | view/download |
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