askari secure ltd

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askari secure ltd Company Information

Share ASKARI SECURE LTD

Company Number

06957128

Shareholders

simon brittain

simon david newton

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

13 palace street, london, SW1E 5HX

askari secure ltd Estimated Valuation

£842.2k

Pomanda estimates the enterprise value of ASKARI SECURE LTD at £842.2k based on a Turnover of £1.5m and 0.56x industry multiple (adjusted for size and gross margin).

askari secure ltd Estimated Valuation

£383.9k

Pomanda estimates the enterprise value of ASKARI SECURE LTD at £383.9k based on an EBITDA of £93.8k and a 4.09x industry multiple (adjusted for size and gross margin).

askari secure ltd Estimated Valuation

£600.5k

Pomanda estimates the enterprise value of ASKARI SECURE LTD at £600.5k based on Net Assets of £281.5k and 2.13x industry multiple (adjusted for liquidity).

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Askari Secure Ltd Overview

Askari Secure Ltd is a live company located in london, SW1E 5HX with a Companies House number of 06957128. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2009, it's largest shareholder is simon brittain with a 50% stake. Askari Secure Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.

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Askari Secure Ltd Health Check

Pomanda's financial health check has awarded Askari Secure Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£3.9m)

£1.5m - Askari Secure Ltd

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (5.3%)

53% - Askari Secure Ltd

5.3% - Industry AVG

production

Production

with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)

37.9% - Askari Secure Ltd

37.9% - Industry AVG

profitability

Profitability

an operating margin of 6.1% make it as profitable than the average company (6.1%)

6.1% - Askari Secure Ltd

6.1% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (24)

3 - Askari Secure Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Askari Secure Ltd

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £502.1k, this is more efficient (£154.6k)

£502.1k - Askari Secure Ltd

£154.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 84 days, this is later than average (41 days)

84 days - Askari Secure Ltd

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (33 days)

23 days - Askari Secure Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Askari Secure Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (24 weeks)

42 weeks - Askari Secure Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.4%, this is a similar level of debt than the average (61.5%)

57.4% - Askari Secure Ltd

61.5% - Industry AVG

ASKARI SECURE LTD financials

EXPORTms excel logo

Askari Secure Ltd's latest turnover from September 2023 is estimated at £1.5 million and the company has net assets of £281.5 thousand. According to their latest financial statements, Askari Secure Ltd has 3 employees and maintains cash reserves of £294 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Turnover1,506,353896,308770,280422,728847,960745,855591,855348,504192,773121,037136,206259,990118,191220,730
Other Income Or Grants
Cost Of Sales935,735555,468485,964263,692532,034467,522365,714216,214122,07677,81387,814163,11972,464132,171
Gross Profit570,618340,839284,316159,036315,926278,332226,141132,29070,69743,22448,39296,87245,72888,559
Admin Expenses478,633270,961284,255193,971267,918313,439185,78797,36550,28626,68620,73167,51838,13138,275
Operating Profit91,98569,87861-34,93548,008-35,10740,35434,92520,41116,53827,66129,3547,59750,284
Interest Payable4,1543,7811,525
Interest Receivable15,1014,9851591641,02178527527549446940723017096
Pre-Tax Profit102,93271,081-1,305-34,77149,030-34,32240,62835,20020,90517,00828,06929,5847,76850,381
Tax-25,733-13,505-9,316-7,719-7,040-4,181-3,572-6,456-7,100-2,020-14,107
Profit After Tax77,19957,576-1,305-34,77139,714-34,32232,90928,16016,72413,43621,61322,4845,74836,274
Dividends Paid
Retained Profit77,19957,576-1,305-34,77139,714-34,32232,90928,16016,72413,43621,61322,4845,74836,274
Employee Costs145,412137,462129,192125,72783,00078,54875,91176,07075,60337,61974,02873,57036,27470,826
Number Of Employees33332222212212
EBITDA*93,82071,067983-34,20848,927-33,20341,35435,72521,36116,77227,97329,5357,83850,605

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Tangible Assets3,0761,7142,9032,5761,7022,6212,9972,3952,846702936542723964
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3,0761,7142,9032,5761,7022,6212,9972,3952,846702936542723964
Stock & work in progress86,61925,04014,65420,06815,9395,13139,62413,335
Trade Debtors347,840207,359177,01776,800210,172187,181102,12170,08921,42711,6606,22235,9514,35627,429
Group Debtors
Misc Debtors15,24221,91212,2449,14521,7786,7955,134
Cash293,989281,274161,835155,800172,76599,559109,776109,928110,40487,048100,69362,29729,59538,453
misc current assets
total current assets657,071510,545351,096241,745404,715286,740305,311210,191146,485118,776122,854103,37973,57579,217
total assets660,147512,259353,999244,321406,417289,361308,308212,586149,331119,478123,790103,92174,29880,181
Bank overdraft10,7258,3348,333
Bank loan
Trade Creditors 61,47335,26823,8359,47425,12119,81517,00032,95219,82337,57139,31532,17643,807
Group/Directors Accounts1,56021,3588,8869,14617,400498318
other short term finances
hp & lease commitments
other current liabilities282,631209,299123,96277,143180,733125,424130,00351,047
total current liabilities356,389274,259165,01695,763223,254145,737130,32168,04732,95219,82337,57139,31532,17643,807
loans21,45033,33441,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions769326552489323498539
total long term liabilities22,21933,66042,219489323498539
total liabilities378,608307,919207,23596,252223,577146,235130,86068,04732,95219,82337,57139,31532,17643,807
net assets281,539204,340146,764148,069182,840143,126177,448144,539116,37999,65586,21964,60642,12236,374
total shareholders funds281,539204,340146,764148,069182,840143,126177,448144,539116,37999,65586,21964,60642,12236,374
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010
Operating Activities
Operating Profit91,98569,87861-34,93548,008-35,10740,35434,92520,41116,53827,66129,3547,59750,284
Depreciation1,8351,1899227279191,9041,000800950234312181241321
Amortisation
Tax-25,733-13,505-9,316-7,719-7,040-4,181-3,572-6,456-7,100-2,020-14,107
Stock-86,61961,57910,386-5,4144,12910,808-34,49326,28913,335
Debtors133,81140,010103,316-146,00544,76978,26533,69353,7969,7675,438-29,72931,595-23,07327,429
Creditors26,20511,43314,361-15,6475,30619,815-17,000-15,95213,129-17,748-1,7447,139-11,63143,807
Accruals and Deferred Income73,33285,33746,819-103,59055,309-4,57978,95651,047
Deferred Taxes & Provisions443-22663166-175-41539
Cash flow from operations34,256114,096-41,090-7,27455,282-9,654858-40225,956-14,11538,69432,472-9,02939,541
Investing Activities
capital expenditure-3,197-1,249-1,601-1,528-1,602-349-3,094-706-1,285
Change in Investments
cash flow from investments-3,197-1,249-1,601-1,528-1,602-349-3,094-706-1,285
Financing Activities
Bank loans
Group/Directors Accounts-19,79812,472-260-8,25416,902180318
Other Short Term Loans
Long term loans-11,884-8,33341,667
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest10,9471,204-1,3661641,02178527527549446940723017096
cash flow from financing-20,7355,34340,041-8,09017,923965593275494469407230170196
cash and cash equivalents
cash12,715119,4396,035-16,96573,206-10,217-152-47623,356-13,64538,39632,702-8,85838,453
overdraft2,39118,333
change in cash10,324119,438-2,298-16,96573,206-10,217-152-47623,356-13,64538,39632,702-8,85838,453

askari secure ltd 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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Askari Secure Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for askari secure ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SW1E area or any other competitors across 12 key performance metrics.

askari secure ltd Ownership

ASKARI SECURE LTD group structure

Askari Secure Ltd has no subsidiary companies.

Ultimate parent company

ASKARI SECURE LTD

06957128

ASKARI SECURE LTD Shareholders

simon brittain 50%
simon david newton 50%

askari secure ltd directors

Askari Secure Ltd currently has 2 directors. The longest serving directors include Mr Simon Brittain (Jul 2009) and Mr Simon Newton (Oct 2009).

officercountryagestartendrole
Mr Simon Brittain53 years Jul 2009- Director
Mr Simon NewtonEngland46 years Oct 2009- Director

P&L

September 2023

turnover

1.5m

+68%

operating profit

92k

0%

gross margin

37.9%

-0.38%

turnover

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

Balance Sheet

September 2023

net assets

281.5k

+0.38%

total assets

660.1k

+0.29%

cash

294k

+0.05%

net assets

Total assets minus all liabilities

askari secure ltd company details

company number

06957128

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

13 palace street, london, SW1E 5HX

Bank

-

Legal Advisor

-

askari secure 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 askari secure ltd.

askari secure ltd 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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askari secure ltd Companies House Filings - See Documents

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