afrotrade limited
afrotrade limited Company Information
Company Number
06186929
Website
www.afrotradegroup.comRegistered Address
46 parham drive, gants hill, ilford, essex, IG2 6NB
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Emily Esho16 Years
Shareholders
emily esho 100%
afrotrade limited Estimated Valuation
Pomanda estimates the enterprise value of AFROTRADE LIMITED at £62.8k based on a Turnover of £74.3k and 0.85x industry multiple (adjusted for size and gross margin).
afrotrade limited Estimated Valuation
Pomanda estimates the enterprise value of AFROTRADE LIMITED at £9.3k based on an EBITDA of £2.7k and a 3.5x industry multiple (adjusted for size and gross margin).
afrotrade limited Estimated Valuation
Pomanda estimates the enterprise value of AFROTRADE LIMITED at £0 based on Net Assets of £-124k and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
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Afrotrade Limited Overview
Afrotrade Limited is a live company located in essex, IG2 6NB with a Companies House number of 06186929. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2007, it's largest shareholder is emily esho with a 100% stake. Afrotrade Limited is a established, micro sized company, Pomanda has estimated its turnover at £74.3k with declining growth in recent years.
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Afrotrade Limited Health Check
Pomanda's financial health check has awarded Afrotrade Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £74.3k, make it smaller than the average company (£4.1m)
- Afrotrade Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (4%)
- Afrotrade Limited
4% - Industry AVG
Production
with a gross margin of 22.3%, this company has a higher cost of product (62.7%)
- Afrotrade Limited
62.7% - Industry AVG
Profitability
an operating margin of 3.6% make it less profitable than the average company (11.5%)
- Afrotrade Limited
11.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Afrotrade Limited
13 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has an equivalent pay structure (£72.8k)
- Afrotrade Limited
£72.8k - Industry AVG
Efficiency
resulting in sales per employee of £74.3k, this is less efficient (£208.1k)
- Afrotrade Limited
£208.1k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (30 days)
- Afrotrade Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 617 days, this is slower than average (38 days)
- Afrotrade Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Afrotrade Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Afrotrade Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 360%, this is a higher level of debt than the average (56.7%)
360% - Afrotrade Limited
56.7% - Industry AVG
afrotrade limited Credit Report and Business Information
Afrotrade Limited Competitor Analysis
Perform a competitor analysis for afrotrade limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
afrotrade limited Ownership
AFROTRADE LIMITED group structure
Afrotrade Limited has no subsidiary companies.
Ultimate parent company
AFROTRADE LIMITED
06186929
afrotrade limited directors
Afrotrade Limited currently has 1 director, Ms Emily Esho serving since Dec 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Emily Esho | England | 47 years | Dec 2007 | - | Director |
AFROTRADE LIMITED financials
Afrotrade Limited's latest turnover from March 2023 is estimated at £74.3 thousand and the company has net assets of -£124 thousand. According to their latest financial statements, Afrotrade Limited has 1 employee and maintains cash reserves of 0 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 | ||||||||||||||
| 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 | 4 | 2 | 2 | ||||||||||
| EBITDA* |
* 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 | 38,526 | 38,751 | 39,138 | 39,621 | 40,437 | 41,253 | 41,354 | 3,170 | 2,226 | 1,868 | 2,491 | 2,322 | 991 | 1,321 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,000 | 37,000 | 37,000 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,000 | 37,000 | 0 | 0 | 0 | 37,000 | 37,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 759 | 759 | 15,090 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 38,526 | 38,751 | 39,138 | 39,621 | 40,437 | 41,253 | 41,354 | 40,929 | 39,985 | 53,958 | 39,491 | 39,322 | 37,991 | 38,321 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,170 | 83,691 | 21,190 | 289,159 | 316,755 | 60,340 | 58,466 | 0 | 0 | 0 | 12,540 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45,243 | 21,243 | 31,943 | 29,744 | 263 | 301 | 301 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,170 | 83,691 | 21,190 | 289,159 | 316,755 | 60,340 | 58,466 | 45,243 | 21,243 | 31,943 | 42,284 | 263 | 301 | 301 |
| total assets | 47,696 | 122,442 | 60,328 | 328,780 | 357,192 | 101,593 | 99,820 | 86,172 | 61,228 | 85,901 | 81,775 | 39,585 | 38,292 | 38,622 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 97,730 | 174,635 | 188,317 | 268,115 | 446,677 | 152,447 | 165,466 | 166,797 | 160,494 | 0 | 191,758 | 0 | 0 | 108,600 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 97,730 | 174,635 | 188,317 | 268,115 | 446,677 | 152,447 | 165,466 | 166,797 | 160,494 | 0 | 191,758 | 0 | 0 | 108,600 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 74,000 | 74,000 | 0 | 185,000 | 0 | 0 | 0 | 0 | 0 | 196,252 | 0 | 150,182 | 131,380 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 74,000 | 74,000 | 0 | 185,000 | 0 | 0 | 0 | 0 | 0 | 196,252 | 0 | 150,182 | 131,380 | 0 |
| total liabilities | 171,730 | 248,635 | 188,317 | 453,115 | 446,677 | 152,447 | 165,466 | 166,797 | 160,494 | 196,252 | 191,758 | 150,182 | 131,380 | 108,600 |
| net assets | -124,034 | -126,193 | -127,989 | -124,335 | -89,485 | -50,854 | -65,646 | -80,625 | -99,266 | -110,351 | -109,983 | -110,597 | -93,088 | -69,978 |
| total shareholders funds | -124,034 | -126,193 | -127,989 | -124,335 | -89,485 | -50,854 | -65,646 | -80,625 | -99,266 | -110,351 | -109,983 | -110,597 | -93,088 | -69,978 |
| 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 | ||||||||||||||
| Depreciation | 1,056 | 742 | 623 | 830 | 774 | 330 | 440 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -74,521 | 62,501 | -267,969 | -27,596 | 256,415 | 1,874 | 57,707 | 0 | -14,331 | 2,550 | 12,540 | 0 | 0 | 0 |
| Creditors | -76,905 | -13,682 | -79,798 | -178,562 | 294,230 | -13,019 | -1,331 | 6,303 | 160,494 | -191,758 | 191,758 | 0 | -108,600 | 108,600 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -37,000 | 0 | 37,000 | 0 | 0 | -37,000 | 0 | 37,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 74,000 | -185,000 | 185,000 | 0 | 0 | 0 | 0 | -196,252 | 196,252 | -150,182 | 18,802 | 131,380 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -45,243 | 24,000 | -10,700 | 2,199 | 29,481 | -38 | 0 | 301 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -45,243 | 24,000 | -10,700 | 2,199 | 29,481 | -38 | 0 | 301 |
P&L
March 2023turnover
74.3k
-78%
operating profit
2.7k
0%
gross margin
22.4%
-8.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-124k
-0.02%
total assets
47.7k
-0.61%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
afrotrade limited company details
company number
06186929
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2007
age
17
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
46 parham drive, gants hill, ilford, essex, IG2 6NB
last accounts submitted
March 2023
afrotrade 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 afrotrade limited.
afrotrade limited Companies House Filings - See Documents
| date | description | view/download |
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