absolute africa (uk) ltd
absolute africa (uk) ltd Company Information
Company Number
06838950
Website
www.absoluteafrica.comRegistered Address
thomas harris 1929 shop, merton abbey mills, london, SW19 2RD
Industry
Travel agency activities
Telephone
02085404242
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
mrs jenifer clare osborn 100%
absolute africa (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE AFRICA (UK) LTD at £241.7k based on a Turnover of £675.4k and 0.36x industry multiple (adjusted for size and gross margin).
absolute africa (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE AFRICA (UK) LTD at £402.1k based on an EBITDA of £152.7k and a 2.63x industry multiple (adjusted for size and gross margin).
absolute africa (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of ABSOLUTE AFRICA (UK) LTD at £323.3k based on Net Assets of £114k and 2.84x industry multiple (adjusted for liquidity).
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Absolute Africa (uk) Ltd Overview
Absolute Africa (uk) Ltd is a live company located in london, SW19 2RD with a Companies House number of 06838950. It operates in the travel agency activities sector, SIC Code 79110. Founded in March 2009, it's largest shareholder is mrs jenifer clare osborn with a 100% stake. Absolute Africa (uk) Ltd is a established, small sized company, Pomanda has estimated its turnover at £675.4k with rapid growth in recent years.
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Absolute Africa (uk) Ltd Health Check
Pomanda's financial health check has awarded Absolute Africa (Uk) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £675.4k, make it smaller than the average company (£10.9m)
- Absolute Africa (uk) Ltd
£10.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (-3.4%)
- Absolute Africa (uk) Ltd
-3.4% - Industry AVG
Production
with a gross margin of 10.7%, this company has a higher cost of product (23.6%)
- Absolute Africa (uk) Ltd
23.6% - Industry AVG
Profitability
an operating margin of 22.6% make it more profitable than the average company (2.7%)
- Absolute Africa (uk) Ltd
2.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (36)
4 - Absolute Africa (uk) Ltd
36 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Absolute Africa (uk) Ltd
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £168.8k, this is less efficient (£232.2k)
- Absolute Africa (uk) Ltd
£232.2k - Industry AVG
Debtor Days
it gets paid by customers after 254 days, this is later than average (37 days)
- Absolute Africa (uk) Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 216 days, this is slower than average (41 days)
- Absolute Africa (uk) Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Absolute Africa (uk) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Absolute Africa (uk) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.9%, this is a similar level of debt than the average (83.8%)
75.9% - Absolute Africa (uk) Ltd
83.8% - Industry AVG
absolute africa (uk) ltd Credit Report and Business Information
Absolute Africa (uk) Ltd Competitor Analysis
Perform a competitor analysis for absolute africa (uk) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
absolute africa (uk) ltd Ownership
ABSOLUTE AFRICA (UK) LTD group structure
Absolute Africa (Uk) Ltd has no subsidiary companies.
Ultimate parent company
ABSOLUTE AFRICA (UK) LTD
06838950
absolute africa (uk) ltd directors
Absolute Africa (Uk) Ltd currently has 2 directors. The longest serving directors include Mrs Jenifer Osborn (Nee Cupit) (Mar 2009) and Mr David Osborn (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Jenifer Osborn (Nee Cupit) | United Kingdom | 64 years | Mar 2009 | - | Director |
| Mr David Osborn | United Kingdom | 78 years | May 2024 | - | Director |
ABSOLUTE AFRICA (UK) LTD financials
Absolute Africa (Uk) Ltd's latest turnover from June 2023 is estimated at £675.4 thousand and the company has net assets of £114 thousand. According to their latest financial statements, Absolute Africa (Uk) Ltd has 4 employees and maintains cash reserves of 0 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 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,254,799 | 978,213 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 0 | 0 | ||||||||||||
| Pre-Tax Profit | 61,937 | 51,716 | ||||||||||||
| Tax | -12,081 | -13,984 | ||||||||||||
| Profit After Tax | 49,856 | 37,732 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 49,856 | 37,732 | ||||||||||||
| Employee Costs | 12,853 | 11,238 | ||||||||||||
| Number Of Employees | 4 | 2 | 2 | 1 | 1 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 230 | 1,680 | 2,241 | 2,988 | 3,984 | 5,312 | 4,927 | 5,960 | 5,869 | 7,825 | 10,433 | 11,764 | 14,374 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 230 | 1,680 | 2,241 | 2,988 | 3,984 | 5,312 | 4,927 | 5,960 | 5,869 | 7,825 | 10,433 | 11,764 | 14,374 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 470,138 | 204,545 | 132,437 | 145,045 | 440,637 | 542,969 | 382,302 | 176,139 | 126,336 | 164,228 | 163,963 | 99,617 | 119,342 | 106,051 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,838 | 2,944 | 180 | 993 | 89,981 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131,082 | 8,811 | 5,767 | 30,851 | 22,049 | 14,975 | 37,188 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 69,332 | 84,219 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 472,976 | 207,489 | 132,617 | 146,038 | 530,618 | 612,301 | 466,521 | 307,221 | 135,147 | 169,995 | 194,814 | 121,666 | 134,317 | 143,239 |
| total assets | 472,976 | 207,719 | 134,297 | 148,279 | 533,606 | 616,285 | 471,833 | 312,148 | 141,107 | 175,864 | 202,639 | 132,099 | 146,081 | 157,613 |
| 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 | 356,975 | 206,086 | 116,416 | 144,167 | 62,184 | 48,086 | 11,137 | 303,593 | 140,285 | 175,069 | 197,480 | 128,800 | 145,114 | 156,947 |
| 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 | 356,975 | 206,086 | 116,416 | 144,167 | 62,184 | 48,086 | 11,137 | 303,593 | 140,285 | 175,069 | 197,480 | 128,800 | 145,114 | 156,947 |
| 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 | 1,975 | 2,125 | 2,245 | 3,425 | 401,627 | 513,626 | 432,287 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,975 | 2,125 | 33,245 | 3,425 | 401,627 | 513,626 | 432,287 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 358,950 | 208,211 | 149,661 | 147,592 | 463,811 | 561,712 | 443,424 | 303,593 | 140,285 | 175,069 | 197,480 | 128,800 | 145,114 | 156,947 |
| net assets | 114,026 | -492 | -15,364 | 687 | 69,795 | 54,573 | 28,409 | 8,555 | 822 | 795 | 5,159 | 3,299 | 967 | 666 |
| total shareholders funds | 114,026 | -492 | -15,364 | 687 | 69,795 | 54,573 | 28,409 | 8,555 | 822 | 795 | 5,159 | 3,299 | 967 | 666 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,770 | 2,239 | 1,986 | 1,956 | 2,608 | 3,478 | 3,921 | 3,593 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | -12,081 | -13,984 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 265,487 | 74,872 | -13,421 | -384,580 | -12,351 | 160,667 | 206,163 | 49,803 | -37,892 | 265 | 64,346 | -19,725 | 13,291 | 106,051 |
| Creditors | 150,889 | 89,670 | -27,751 | 81,983 | 14,098 | 36,949 | -292,456 | 163,308 | -34,784 | -22,411 | 68,680 | -16,314 | -11,833 | 156,947 |
| Accruals and Deferred Income | -150 | -120 | -1,180 | -398,202 | -111,999 | 81,339 | 432,287 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -31,000 | 31,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | ||||||||||||
| cash flow from financing | -30,002 | -29,999 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -131,082 | 122,271 | 3,044 | -25,084 | 8,802 | 7,074 | -22,213 | 37,188 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -131,082 | 122,271 | 3,044 | -25,084 | 8,802 | 7,074 | -22,213 | 37,188 |
P&L
June 2023turnover
675.4k
+423%
operating profit
152.7k
0%
gross margin
10.7%
+1.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
114k
-232.76%
total assets
473k
+1.28%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
absolute africa (uk) ltd company details
company number
06838950
Type
Private limited with Share Capital
industry
79110 - Travel agency activities
incorporation date
March 2009
age
15
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
thomas harris 1929 shop, merton abbey mills, london, SW19 2RD
last accounts submitted
June 2023
absolute africa (uk) 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 did not find charges/mortgages relating to absolute africa (uk) ltd.
absolute africa (uk) ltd Companies House Filings - See Documents
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