altuns limited

Live EstablishedMicroDeclining

altuns limited Company Information

Share ALTUNS LIMITED

Company Number

06663924

Directors

Ulku Altun

Shareholders

ulku altun

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

75 burwell road, london, E10 7QG

Website

-

altuns limited Estimated Valuation

£34.6k

Pomanda estimates the enterprise value of ALTUNS LIMITED at £34.6k based on a Turnover of £14.5k and 2.39x industry multiple (adjusted for size and gross margin).

altuns limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ALTUNS LIMITED at £0 based on an EBITDA of £-103.7k and a 4.66x industry multiple (adjusted for size and gross margin).

altuns limited Estimated Valuation

£630.4k

Pomanda estimates the enterprise value of ALTUNS LIMITED at £630.4k based on Net Assets of £361.1k and 1.75x industry multiple (adjusted for liquidity).

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Altuns Limited Overview

Altuns Limited is a live company located in london, E10 7QG with a Companies House number of 06663924. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2008, it's largest shareholder is ulku altun with a 100% stake. Altuns Limited is a established, micro sized company, Pomanda has estimated its turnover at £14.5k with declining growth in recent years.

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Altuns Limited Health Check

Pomanda's financial health check has awarded Altuns Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £14.5k, make it smaller than the average company (£847.4k)

£14.5k - Altuns Limited

£847.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -67%, show it is growing at a slower rate (2.9%)

-67% - Altuns Limited

2.9% - Industry AVG

production

Production

with a gross margin of 30.1%, this company has a higher cost of product (73%)

30.1% - Altuns Limited

73% - Industry AVG

profitability

Profitability

an operating margin of -715.5% make it less profitable than the average company (27.1%)

-715.5% - Altuns Limited

27.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Altuns Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Altuns Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £14.5k, this is less efficient (£180.3k)

£14.5k - Altuns Limited

£180.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 98 days, this is later than average (32 days)

98 days - Altuns Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 97 days, this is slower than average (35 days)

97 days - Altuns Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Altuns Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Altuns Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (67.7%)

43.1% - Altuns Limited

67.7% - Industry AVG

ALTUNS LIMITED financials

EXPORTms excel logo

Altuns Limited's latest turnover from October 2023 is estimated at £14.5 thousand and the company has net assets of £361.1 thousand. According to their latest financial statements, we estimate that Altuns Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover14,499382,877479,161391,9869,0145,002110,180116,51728,90020,37517
Other Income Or Grants
Cost Of Sales10,139272,529350,089280,2796,4063,54675,52278,52612
Gross Profit4,361110,348129,072111,7072,6081,45634,65837,99128,90020,3754
Admin Expenses108,10686,559123,79215,747-16,018-13,30126,222-367,4734,8626,72912,878-7,0645,905
Operating Profit-103,74523,7895,28095,96018,62614,7578,436405,46424,03813,646-12,8787,064-5,901
Interest Payable8,6539,024
Interest Receivable13
Pre-Tax Profit-103,74523,7895,28095,96018,62614,7578,436405,46515,3854,622-12,8757,064-5,901
Tax-4,520-1,003-18,232-3,539-2,804-1,603-81,093-1,320-1,695
Profit After Tax-103,74519,2694,27777,72815,08711,9536,833324,37214,0654,622-12,8755,369-5,901
Dividends Paid
Retained Profit-103,74519,2694,27777,72815,08711,9536,833324,37214,0654,622-12,8755,369-5,901
Employee Costs31,92030,54156,34754,82928,15526,85125,71526,20626,26825,01723,783
Number Of Employees11221111111
EBITDA*-103,74523,7895,28095,96018,62614,7578,436405,46424,03813,646-12,8787,064-5,901

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets630,000630,000630,000630,000520,000520,000520,000520,000206,867206,867206,867206,867206,867
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets630,000630,000630,000630,000520,000520,000520,000520,000206,867206,867206,867206,867206,867
Stock & work in progress
Trade Debtors3,929108,339103,212102,9511,8581,07027,70027,339
Group Debtors
Misc Debtors
Cash5731,4191,201138
misc current assets
total current assets3,929108,339103,212102,9511,8581,07027,70027,3395731,4191,201138
total assets633,929738,339733,212732,951521,858521,070547,700547,339207,440208,286208,068207,005206,867
Bank overdraft
Bank loan
Trade Creditors 2,71429913,5412,8054,4032,5602,32015
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,71429913,5412,8054,4032,5602,32015
loans
hp & lease commitments
Accruals and Deferred Income1,2001,200
other liabilities270,161273,241287,682291,697154,792169,827205,612213,927198,840216,071220,475206,537211,753
provisions
total long term liabilities270,161273,241287,682291,697154,792169,827206,812215,127198,840216,071220,475206,537211,753
total liabilities272,875273,540287,682291,698158,333172,632211,215217,687201,160216,071220,475206,537211,768
net assets361,054464,799445,530441,253363,525348,438336,485329,6526,280-7,785-12,407468-4,901
total shareholders funds361,054464,799445,530441,253363,525348,438336,485329,6526,280-7,785-12,407468-4,901
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-103,74523,7895,28095,96018,62614,7578,436405,46424,03813,646-12,8787,064-5,901
Depreciation
Amortisation
Tax-4,520-1,003-18,232-3,539-2,804-1,603-81,093-1,320-1,695
Stock
Debtors-104,4105,127261101,093788-26,63036127,339
Creditors2,415299-1-3,540736-1,5981,8432402,320-1515
Accruals and Deferred Income-1,2001,200
Deferred Taxes & Provisions
Cash flow from operations3,08014,4414,015-26,90515,03535,7858,315298,47225,03813,646-12,8785,354-5,886
Investing Activities
capital expenditure-110,000-313,133-206,867
Change in Investments
cash flow from investments-110,000-313,133-206,867
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-3,080-14,441-4,015136,905-15,035-35,785-8,31515,087-17,231-4,40413,938-5,216211,753
share issue-1,0001,000
interest1-8,653-9,0243
cash flow from financing-3,080-14,441-4,015136,905-15,035-35,785-8,31514,088-25,884-13,42813,941-5,216212,753
cash and cash equivalents
cash-573-8462181,063138
overdraft
change in cash-573-8462181,063138

altuns 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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Altuns Limited Competitor Analysis

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Perform a competitor analysis for altuns limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E10 area or any other competitors across 12 key performance metrics.

altuns limited Ownership

ALTUNS LIMITED group structure

Altuns Limited has no subsidiary companies.

Ultimate parent company

ALTUNS LIMITED

06663924

ALTUNS LIMITED Shareholders

ulku altun 100%

altuns limited directors

Altuns Limited currently has 1 director, Mr Ulku Altun serving since Jul 2018.

officercountryagestartendrole
Mr Ulku AltunUnited Kingdom37 years Jul 2018- Director

P&L

October 2023

turnover

14.5k

-96%

operating profit

-103.7k

0%

gross margin

30.1%

+4.35%

turnover

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

Balance Sheet

October 2023

net assets

361.1k

-0.22%

total assets

633.9k

-0.14%

cash

0

0%

net assets

Total assets minus all liabilities

altuns limited company details

company number

06663924

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

75 burwell road, london, E10 7QG

Bank

-

Legal Advisor

-

altuns 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 altuns limited. Currently there are 4 open charges and 1 have been satisfied in the past.

altuns 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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altuns limited Companies House Filings - See Documents

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