abk properties limited
abk properties limited Company Information
Company Number
06520610
Next Accounts
Mar 2025
Shareholders
salman khalique
mr arsalan balal khalique
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
175a hoe street, london, E17 3AP
Website
-abk properties limited Estimated Valuation
Pomanda estimates the enterprise value of ABK PROPERTIES LIMITED at £27m based on a Turnover of £10.4m and 2.59x industry multiple (adjusted for size and gross margin).
abk properties limited Estimated Valuation
Pomanda estimates the enterprise value of ABK PROPERTIES LIMITED at £0 based on an EBITDA of £-735.5k and a 5.48x industry multiple (adjusted for size and gross margin).
abk properties limited Estimated Valuation
Pomanda estimates the enterprise value of ABK PROPERTIES LIMITED at £3m based on Net Assets of £1.9m and 1.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Abk Properties Limited Overview
Abk Properties Limited is a live company located in london, E17 3AP with a Companies House number of 06520610. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2008, it's largest shareholder is salman khalique with a 33.3% stake. Abk Properties Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.4m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Abk Properties Limited Health Check
Pomanda's financial health check has awarded Abk Properties Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £10.4m, make it larger than the average company (£830.5k)
- Abk Properties Limited
£830.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2.4%)
- Abk Properties Limited
2.4% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (71.1%)
- Abk Properties Limited
71.1% - Industry AVG
Profitability
an operating margin of -7.1% make it less profitable than the average company (28.9%)
- Abk Properties Limited
28.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Abk Properties Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.9k, the company has an equivalent pay structure (£35.9k)
- Abk Properties Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £3.5m, this is more efficient (£183.8k)
- Abk Properties Limited
£183.8k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (25 days)
- Abk Properties Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 952 days, this is slower than average (32 days)
- Abk Properties Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 839 days, this is more than average (389 days)
- Abk Properties Limited
389 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (10 weeks)
4 weeks - Abk Properties Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.2%, this is a higher level of debt than the average (63%)
91.2% - Abk Properties Limited
63% - Industry AVG
ABK PROPERTIES LIMITED financials
Abk Properties Limited's latest turnover from June 2023 is estimated at £10.4 million and the company has net assets of £1.9 million. According to their latest financial statements, Abk Properties Limited has 3 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,026,494 | 9,388,997 | 8,738,176 | 3,011,958 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 5,645,021 | 8,349,663 | 7,644,858 | 2,849,962 | ||||||||||
| Gross Profit | 381,473 | 1,039,334 | 1,093,318 | 161,996 | ||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 289,615 | 191,070 | 204,364 | 54,396 | 44,165 | |||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 60,695 | 812,942 | 843,857 | 129,559 | -54,926 | -53,799 | ||||||||
| Tax | -11,532 | -160,556 | -168,771 | -25,912 | ||||||||||
| Profit After Tax | 49,163 | 652,386 | 675,086 | 103,647 | -54,926 | -53,799 | ||||||||
| Dividends Paid | 15,000 | |||||||||||||
| Retained Profit | 34,163 | 652,386 | 675,086 | 103,647 | -54,926 | -53,799 | ||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 4 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | ||||||||||||||
| Stock & work in progress | 17,397,030 | 16,470,844 | 13,822,524 | 19,503,812 | 17,507,683 | 18,517,977 | 5,291,250 | 5,367,862 | 6,211,033 | 4,097,540 | 1,915,149 | 2,559,990 | 1,102,990 | 1,053,446 |
| Trade Debtors | 2,504,328 | 6,676,214 | 3,680,166 | 3,335,547 | 3,175,740 | 944,800 | 706,800 | |||||||
| Group Debtors | 582,004 | 2,526,066 | 2,952,793 | 1,120,300 | ||||||||||
| Misc Debtors | ||||||||||||||
| Cash | 1,729,676 | 29,437 | 174,225 | 17,452 | 81,667 | 34,237 | 83,322 | 32,706 | 157,472 | 68,251 | 172,015 | 49 | ||
| misc current assets | ||||||||||||||
| total current assets | 21,631,034 | 23,176,495 | 17,676,915 | 22,856,811 | 20,765,090 | 19,134,218 | 7,900,638 | 8,353,361 | 7,488,805 | 5,110,591 | 2,793,964 | 2,560,039 | 1,102,990 | 1,053,446 |
| total assets | 21,631,034 | 23,176,495 | 17,676,915 | 22,856,811 | 20,765,090 | 19,134,218 | 7,900,638 | 8,353,361 | 7,488,805 | 5,110,591 | 2,793,964 | 2,560,039 | 1,102,990 | 1,053,446 |
| Bank overdraft | 1,146,731 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 19,735,301 | 20,589,251 | 14,442,917 | 21,159,816 | 18,936,145 | 5,085,250 | 2,794,356 | 2,819,598 | 1,251,671 | |||||
| Group/Directors Accounts | 17,340,566 | 6,281,740 | 7,378,633 | 7,332,027 | ||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 303,029 | 162,438 | 170,654 | 27,790 | 470 | |||||||||
| total current liabilities | 19,735,301 | 20,589,251 | 14,442,917 | 21,159,816 | 18,936,145 | 17,643,595 | 6,444,178 | 7,549,287 | 7,359,817 | 5,085,250 | 2,794,356 | 2,819,598 | 1,251,671 | 1,147,201 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 19,735,301 | 20,589,251 | 14,442,917 | 21,159,816 | 18,936,145 | 17,643,595 | 6,444,178 | 7,549,287 | 7,359,817 | 5,085,250 | 2,794,356 | 2,819,598 | 1,251,671 | 1,147,201 |
| net assets | 1,895,733 | 2,587,244 | 3,233,998 | 1,696,995 | 1,828,945 | 1,490,623 | 1,456,460 | 804,074 | 128,988 | 25,341 | -392 | -259,559 | -148,681 | -93,755 |
| total shareholders funds | 1,895,733 | 2,587,244 | 3,233,998 | 1,696,995 | 1,828,945 | 1,490,623 | 1,456,460 | 804,074 | 128,988 | 25,341 | -392 | -259,559 | -148,681 | -93,755 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -11,532 | -160,556 | -168,771 | -25,912 | ||||||||||
| Stock | 926,186 | 2,648,320 | -5,681,288 | 1,996,129 | -1,010,294 | 13,226,727 | -76,612 | -843,171 | 2,113,493 | 2,182,391 | -644,841 | 1,457,000 | 49,544 | 1,053,446 |
| Debtors | -4,171,886 | 2,996,048 | 344,619 | 159,807 | 2,593,736 | -1,944,062 | -426,727 | 1,832,493 | 175,500 | 238,000 | 706,800 | |||
| Creditors | -853,950 | 6,146,334 | -6,716,899 | 2,223,671 | 18,936,145 | -5,085,250 | 2,290,894 | -25,242 | 1,567,927 | 1,251,671 | ||||
| Accruals and Deferred Income | -303,029 | 140,591 | -8,216 | 142,864 | 27,790 | -470 | 470 | |||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -17,340,566 | 11,058,826 | -1,096,893 | 46,606 | 7,332,027 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -289,615 | -191,070 | -204,364 | -54,396 | -44,165 | |||||||||
| cash flow from financing | 10,769,211 | -1,287,963 | -157,758 | 7,332,027 | -54,396 | -84,121 | ||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,700,239 | -144,788 | 156,773 | -64,215 | 47,430 | -49,085 | 50,616 | -124,766 | 89,221 | -103,764 | 171,966 | 49 | ||
| overdraft | -1,146,731 | 1,146,731 | ||||||||||||
| change in cash | 1,700,239 | -144,788 | 156,773 | -64,215 | 47,430 | -49,085 | 50,616 | -124,766 | 89,221 | -103,764 | 171,966 | 49 | 1,146,731 | -1,146,731 |
abk properties limited Credit Report and Business Information
Abk Properties Limited Competitor Analysis
Perform a competitor analysis for abk properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in E17 area or any other competitors across 12 key performance metrics.
abk properties limited Ownership
ABK PROPERTIES LIMITED group structure
Abk Properties Limited has no subsidiary companies.
Ultimate parent company
ABK PROPERTIES LIMITED
06520610
abk properties limited directors
Abk Properties Limited currently has 3 directors. The longest serving directors include Mr Arsalan Khalique (Mar 2008) and Mr Salman Khalique (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arsalan Khalique | England | 51 years | Mar 2008 | - | Director |
| Mr Salman Khalique | 48 years | Jun 2012 | - | Director | |
| Armaghan Khalique | 55 years | Jun 2012 | - | Director |
P&L
June 2023turnover
10.4m
-43%
operating profit
-735.5k
0%
gross margin
27.5%
-2.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.9m
-0.27%
total assets
21.6m
-0.07%
cash
1.7m
+57.76%
net assets
Total assets minus all liabilities
abk properties limited company details
company number
06520610
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2008
age
17
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
175a hoe street, london, E17 3AP
Bank
-
Legal Advisor
-
abk properties 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 2 charges/mortgages relating to abk properties limited. Currently there are 2 open charges and 0 have been satisfied in the past.
abk properties 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.
Click to start generating capital raising & share issue transactions for ABK PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.
abk properties limited Companies House Filings - See Documents
| date | description | view/download |
|---|
