afriqiyah airways limited

Dissolved 

afriqiyah airways limited Company Information

Share AFRIQIYAH AIRWAYS LIMITED

Company Number

05421173

Directors

Esmail Sadawi

Shareholders

ukuejubola victor

Group Structure

View All

Industry

Scheduled passenger air transport

 

Registered Address

room 431 london gatwick airport, gatwick, RH6 0DW

Website

-

afriqiyah airways limited Estimated Valuation

£216.5k

Pomanda estimates the enterprise value of AFRIQIYAH AIRWAYS LIMITED at £216.5k based on a Turnover of £891k and 0.24x industry multiple (adjusted for size and gross margin).

afriqiyah airways limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AFRIQIYAH AIRWAYS LIMITED at £0 based on an EBITDA of £-34.1k and a 1.57x industry multiple (adjusted for size and gross margin).

afriqiyah airways limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AFRIQIYAH AIRWAYS LIMITED at £0 based on Net Assets of £-886.9k and 2.53x industry multiple (adjusted for liquidity).

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Afriqiyah Airways Limited Overview

Afriqiyah Airways Limited is a dissolved company that was located in gatwick, RH6 0DW with a Companies House number of 05421173. It operated in the scheduled passenger air transport sector, SIC Code 51101. Founded in April 2005, it's largest shareholder was ukuejubola victor with a 100% stake. The last turnover for Afriqiyah Airways Limited was estimated at £891k.

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Afriqiyah Airways Limited Health Check

Pomanda's financial health check has awarded Afriqiyah Airways Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £891k, make it smaller than the average company (£31m)

£891k - Afriqiyah Airways Limited

£31m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (-0.9%)

-15% - Afriqiyah Airways Limited

-0.9% - Industry AVG

production

Production

with a gross margin of 2.7%, this company has a higher cost of product (9.2%)

2.7% - Afriqiyah Airways Limited

9.2% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (0.3%)

-3.8% - Afriqiyah Airways Limited

0.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (186)

1 - Afriqiyah Airways Limited

186 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.3k, the company has an equivalent pay structure (£49.3k)

£49.3k - Afriqiyah Airways Limited

£49.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £891k, this is more efficient (£202.5k)

£891k - Afriqiyah Airways Limited

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (30 days)

0 days - Afriqiyah Airways Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 373 days, this is slower than average (43 days)

373 days - Afriqiyah Airways Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Afriqiyah Airways Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Afriqiyah Airways Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 165880.2%, this is a higher level of debt than the average (74.9%)

165880.2% - Afriqiyah Airways Limited

74.9% - Industry AVG

AFRIQIYAH AIRWAYS LIMITED financials

EXPORTms excel logo

Afriqiyah Airways Limited's latest turnover from March 2023 is estimated at £891 thousand and the company has net assets of -£886.9 thousand. According to their latest financial statements, Afriqiyah Airways Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover890,985616,599638,4601,440,135990,0641,096,0601,293,65172,430246,922340,875100,877188,467824,409530,312
Other Income Or Grants
Cost Of Sales867,087712,923717,4991,419,858988,8241,075,0351,258,02270,398234,096317,59292,156170,547751,709494,710
Gross Profit23,899-96,323-79,03920,2771,24121,02635,6292,03212,82523,2838,72217,92072,70035,602
Admin Expenses57,998-48,992-36,48577,73554,56647,178-1,420,524395,127512,641110,09069,606413,70980,527387,290
Operating Profit-34,099-47,331-42,554-57,458-53,325-26,1521,456,153-393,095-499,816-86,807-60,884-395,789-7,827-351,688
Interest Payable3939
Interest Receivable649611,705873590733143
Pre-Tax Profit-34,099-47,331-42,554-57,458-53,325-26,1521,456,218-392,134-498,111-85,934-60,923-395,238-7,094-351,545
Tax-291,243
Profit After Tax-34,099-47,331-42,554-57,458-53,325-26,1521,164,974-392,134-498,111-85,934-60,923-395,238-7,094-351,545
Dividends Paid
Retained Profit-34,099-47,331-42,554-57,458-53,325-26,1521,164,974-392,134-498,111-85,934-60,923-395,238-7,094-351,545
Employee Costs49,32244,41844,08547,25044,693173,867214,73642,77380,82678,34338,96837,841199,483121,981
Number Of Employees11111451221153
EBITDA*-34,099-47,331-42,554-57,458-53,325-26,1521,456,153-393,095-499,816-86,807-57,631-393,801-5,839-349,690

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets1661661663335003,2535,2417,229
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1661661663335003,2535,2417,229
Stock & work in progress
Trade Debtors5356885932,64518,4397,9576,22838,53135,34817,36745,46233,484
Group Debtors
Misc Debtors
Cash51,361332,881349,136235,87657,384
misc current assets
total current assets5356885932,64518,4397,95757,589371,412384,48417,367281,33890,868
total assets5358547591662,97818,9397,95757,589371,412384,48420,620286,57998,097
Bank overdraft1,198
Bank loan
Trade Creditors 886,609852,829805,403762,256708,460671,096633,96219,60016,53961,80819,02076,413286,755237,670
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities886,609852,829805,403762,256708,460671,096633,96219,60016,53961,80819,02077,611286,755237,670
loans
hp & lease commitments
Accruals and Deferred Income850
other liabilities608,968533,7183,210795,580696,686358,263211,772
provisions850850850
total long term liabilities850850850850608,968533,7183,210795,580696,686358,263211,772
total liabilities887,459853,679806,253763,106708,460671,096633,962628,568550,25765,018814,600774,297645,018449,442
net assets-886,924-852,825-805,494-762,940-705,482-652,157-626,005-570,979-178,845319,466-814,600-753,677-358,439-351,345
total shareholders funds-886,924-852,825-805,494-762,940-705,482-652,157-626,005-570,979-178,845319,466-814,600-753,677-358,439-351,345
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-34,099-47,331-42,554-57,458-53,325-26,1521,456,153-393,095-499,816-86,807-60,884-395,789-7,827-351,688
Depreciation3,2531,9881,9881,998
Amortisation
Tax-291,243
Stock
Debtors-15395593-2,645-15,79410,4821,729-32,3033,18335,348-17,367-28,09511,97833,484
Creditors33,78047,42643,14753,79637,36437,134614,3623,061-45,26942,788-57,393-210,34249,085237,670
Accruals and Deferred Income-850850
Deferred Taxes & Provisions850
Cash flow from operations-166-167-1675001,777,543-357,731-548,268-79,367-97,657-576,04831,268-145,504
Investing Activities
capital expenditure166167167-500-9,227
Change in Investments
cash flow from investments166167167-500-9,227
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-608,96875,250530,508-792,37098,894338,423146,491211,772
share issue-1,220,000-2001,220,000200
interest649611,705873-39551733143
cash flow from financing-1,828,90476,211532,013428,50398,855338,974147,224212,115
cash and cash equivalents
cash-51,361-281,520-16,255349,136-235,876178,49257,384
overdraft-1,1981,198
change in cash-51,361-281,520-16,255349,1361,198-237,074178,49257,384

afriqiyah airways limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Afriqiyah Airways Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for afriqiyah airways limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in RH6 area or any other competitors across 12 key performance metrics.

afriqiyah airways limited Ownership

AFRIQIYAH AIRWAYS LIMITED group structure

Afriqiyah Airways Limited has no subsidiary companies.

Ultimate parent company

AFRIQIYAH AIRWAYS LIMITED

05421173

AFRIQIYAH AIRWAYS LIMITED Shareholders

ukuejubola victor 100%

afriqiyah airways limited directors

Afriqiyah Airways Limited currently has 1 director, Mr Esmail Sadawi serving since Apr 2024.

officercountryagestartendrole
Mr Esmail SadawiEngland45 years Apr 2024- Director

P&L

March 2023

turnover

891k

+44%

operating profit

-34.1k

0%

gross margin

2.7%

-117.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-886.9k

+0.04%

total assets

535

-0.37%

cash

0

0%

net assets

Total assets minus all liabilities

afriqiyah airways limited company details

company number

05421173

Type

Private limited with Share Capital

industry

51101 - Scheduled passenger air transport

incorporation date

April 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

room 431 london gatwick airport, gatwick, RH6 0DW

Bank

BARCLAYS BANK PLC

Legal Advisor

-

afriqiyah airways 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 afriqiyah airways limited.

afriqiyah airways 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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afriqiyah airways limited Companies House Filings - See Documents

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