avtar construction limited

avtar construction limited Company Information

Share AVTAR CONSTRUCTION LIMITED
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EstablishedMidHigh

Company Number

07166905

Industry

Construction of other civil engineering projects n.e.c.

 

Shareholders

perminder singh johal

kuldeep kaur johal

Group Structure

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Contact

Registered Address

unit 18 hobley drive, stratton,, hobley drive, swindon, wiltshire, SN3 4NS

avtar construction limited Estimated Valuation

£5.8m

Pomanda estimates the enterprise value of AVTAR CONSTRUCTION LIMITED at £5.8m based on a Turnover of £19.6m and 0.3x industry multiple (adjusted for size and gross margin).

avtar construction limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of AVTAR CONSTRUCTION LIMITED at £1.2m based on an EBITDA of £263.3k and a 4.43x industry multiple (adjusted for size and gross margin).

avtar construction limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of AVTAR CONSTRUCTION LIMITED at £1.3m based on Net Assets of £710k and 1.79x industry multiple (adjusted for liquidity).

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Avtar Construction Limited Overview

Avtar Construction Limited is a live company located in swindon, SN3 4NS with a Companies House number of 07166905. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in February 2010, it's largest shareholder is perminder singh johal with a 50% stake. Avtar Construction Limited is a established, mid sized company, Pomanda has estimated its turnover at £19.6m with high growth in recent years.

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Avtar Construction Limited Health Check

Pomanda's financial health check has awarded Avtar Construction Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £19.6m, make it larger than the average company (£14.2m)

£19.6m - Avtar Construction Limited

£14.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (9.7%)

19% - Avtar Construction Limited

9.7% - Industry AVG

production

Production

with a gross margin of 11.7%, this company has a higher cost of product (17.4%)

11.7% - Avtar Construction Limited

17.4% - Industry AVG

profitability

Profitability

an operating margin of 1.3% make it less profitable than the average company (5.8%)

1.3% - Avtar Construction Limited

5.8% - Industry AVG

employees

Employees

with 75 employees, this is above the industry average (52)

75 - Avtar Construction Limited

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.1k, the company has an equivalent pay structure (£51.2k)

£56.1k - Avtar Construction Limited

£51.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £261.3k, this is equally as efficient (£260.7k)

£261.3k - Avtar Construction Limited

£260.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is near the average (53 days)

61 days - Avtar Construction Limited

53 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Avtar Construction Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 6 days, this is in line with average (6 days)

6 days - Avtar Construction Limited

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (20 weeks)

0 weeks - Avtar Construction Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (59.6%)

84.9% - Avtar Construction Limited

59.6% - Industry AVG

AVTAR CONSTRUCTION LIMITED financials

EXPORTms excel logo

Avtar Construction Limited's latest turnover from February 2024 is £19.6 million and the company has net assets of £710 thousand. According to their latest financial statements, Avtar Construction Limited has 75 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Turnover19,597,37022,272,26918,263,30511,559,95114,422,74510,608,6599,658,8678,543,45012,387,29511,291,7083,724,5874,281,920741,425426,434
Other Income Or Grants00000000000000
Cost Of Sales17,310,94920,094,04816,512,54010,971,69711,959,8908,719,5327,744,1857,829,07811,667,68610,496,9023,038,8863,371,050583,459330,975
Gross Profit2,286,4212,178,2211,750,765588,2542,462,8551,889,1271,914,682714,372719,609794,806685,701910,870157,96695,459
Admin Expenses2,032,7441,682,4331,287,166504,1492,398,5161,863,8491,732,908504,945489,275440,566782,955801,10815,41840,001
Operating Profit253,677495,788463,59984,10564,33925,278181,774209,427230,334354,240-97,254109,762142,54855,458
Interest Payable10,68319,60523,9601,76887402,53419,35813,30010,7660000
Interest Receivable02041,7584315881,12236022451495744542070
Pre-Tax Profit242,994476,387441,39782,76864,05326,400179,600190,091217,079343,623-96,680110,216142,75555,458
Tax-67,714-98,324-94,062-17,673-12,170-5,016-34,124-39,932-46,102-74,4190-26,452-37,116-15,528
Profit After Tax175,280378,063347,33565,09551,88321,384145,476150,159170,977269,204-96,68083,764105,63939,930
Dividends Paid273,600365,050153,900000074,400182,90060,0000000
Retained Profit-98,32013,013193,43565,09551,88321,384145,47675,759-11,923209,204-96,68083,764105,63939,930
Employee Costs4,210,6003,339,6082,715,5132,498,3512,934,4512,270,0451,745,1461,824,6312,692,6272,596,814824,156947,022208,439135,800
Number Of Employees75605352675443365585232764
EBITDA*263,323514,527489,836108,46289,05246,448240,667284,072309,228404,316-75,975130,850149,65759,051

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Tangible Assets24,41134,05745,73460,42777,49698,441103,546185,346285,020295,11936,60149,58516,41414,375
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)524,3701,045,811880,6200000089,09191,4320000
Total Fixed Assets548,7811,079,868926,35460,42777,49698,441103,546185,346374,111386,55136,60149,58516,41414,375
Stock & work in progress327,271222,47685,635114,94051,30287,02054,04222,00049,281062,352045,06386,945
Trade Debtors3,303,6082,555,7062,297,2792,722,7562,764,2501,755,6661,823,9951,906,6672,231,4961,824,746571,771671,890113,54114,387
Group Debtors00000000000000
Misc Debtors515,833303,606240,684198,932234,294138,277149,41048,78641,695180,6390000
Cash2,540562,330570,817232,3101,636155,145143,95039212,890138,999130,59198,89582,77010
misc current assets00000000000000
total current assets4,149,2523,644,1183,194,4153,268,9383,051,4822,136,1082,171,3971,977,4922,535,3622,144,384764,714770,785241,374101,342
total assets4,698,0334,723,9864,120,7693,329,3653,128,9782,234,5492,274,9432,162,8382,909,4732,530,935801,315820,370257,788115,717
Bank overdraft000025,8820077,9830430000
Bank loan41,66735,618139,336122,5490000000000
Trade Creditors 0000001,476,2021,329,9002,096,4771,750,977658,867577,967105,56865,100
Group/Directors Accounts000000007,94200000
other short term finances00000000000000
hp & lease commitments01,0173,94912,10917,57215,30700111,07372,3040000
other current liabilities3,808,3143,693,2642,871,5372,405,1442,429,6961,594,874226,763266,159200,902193,1950000
total current liabilities3,849,9813,729,8993,014,8222,539,8022,473,1501,610,1811,702,9651,674,0422,416,3942,016,519658,867577,967105,56865,100
loans129,579177,294298,213170,6320000000000
hp & lease commitments009875,61916,56833,01100106,041116,1450000
Accruals and Deferred Income00000000000000
other liabilities000000045,934005,6806,5203,1047,568
provisions8,5148,51411,48111,48114,72418,70420,70937,06957,00456,3144,0156,4503,4473,019
total long term liabilities138,093185,808310,681187,73231,29251,71520,70983,003163,045172,4599,69512,9706,55110,587
total liabilities3,988,0743,915,7073,325,5032,727,5342,504,4421,661,8961,723,6741,757,0452,579,4392,188,978668,562590,937112,11975,687
net assets709,959808,279795,266601,831624,536572,653551,269405,793330,034341,957132,753229,433145,66940,030
total shareholders funds709,959808,279795,266601,831624,536572,653551,269405,793330,034341,957132,753229,433145,66940,030
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Operating Activities
Operating Profit253,677495,788463,59984,10564,33925,278181,774209,427230,334354,240-97,254109,762142,54855,458
Depreciation9,64618,73926,23724,35724,71321,17058,89374,64578,89450,07621,27921,0887,1093,593
Amortisation00000000000000
Tax-67,714-98,324-94,062-17,673-12,170-5,016-34,124-39,932-46,102-74,4190-26,452-37,116-15,528
Stock104,795136,841-29,30563,638-35,71832,97832,042-27,28149,281-62,35262,352-45,063-41,88286,945
Debtors438,688486,540496,895-76,8561,104,601-79,46217,952-406,829265,4651,525,046-100,119558,34999,15414,387
Creditors00000-1,476,202146,302-766,577345,5001,092,11080,900472,39940,46865,100
Accruals and Deferred Income115,050821,727466,393-24,552834,8221,368,111-39,39665,2577,707193,1950000
Deferred Taxes & Provisions0-2,9670-3,243-3,980-2,005-16,360-19,93569052,299-2,4353,0034283,019
Cash flow from operations-232,824611,582394,57776,212-161,159-22,180247,095-43,005302,277204,80740,25766,51496,16510,310
Investing Activities
capital expenditure0000-3,768-16,06522,90717,786-1,362-308,594-8,295-54,259-9,148-17,968
Change in Investments00000000000000
cash flow from investments0000-3,768-16,06522,90717,786-1,362-308,594-8,295-54,259-9,148-17,968
Financing Activities
Bank loans6,049-103,71816,787122,5490000000000
Group/Directors Accounts0000000-7,9427,94200000
Other Short Term Loans 00000000000000
Long term loans-47,715-120,919127,581170,6320000000000
Hire Purchase and Lease Commitments-1,017-3,919-12,792-16,412-14,17848,3180-217,11428,665188,4490000
other long term liabilities000000-45,93445,9340-5,680-8403,416-4,4647,568
share issue000-87,800000000000100
interest-10,683-19,401-22,202-1,337-2861,122-2,174-19,336-13,255-10,6175744542070
cash flow from financing-53,366-247,957109,374187,632-14,46449,440-48,108-198,45823,352172,152-2663,870-4,2577,668
cash and cash equivalents
cash-559,790-8,487338,507230,674-153,50911,195143,911-212,85173,8918,40831,69616,12582,76010
overdraft000-25,88225,8820-77,98377,983-43430000
change in cash-559,790-8,487338,507256,556-179,39111,195221,894-290,83473,9348,36531,69616,12582,76010

avtar construction 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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Avtar Construction Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for avtar construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SN3 area or any other competitors across 12 key performance metrics.

avtar construction limited Ownership

AVTAR CONSTRUCTION LIMITED group structure

Avtar Construction Limited has no subsidiary companies.

Ultimate parent company

AVTAR CONSTRUCTION LIMITED

07166905

AVTAR CONSTRUCTION LIMITED Shareholders

perminder singh johal 50%
kuldeep kaur johal 50%

avtar construction limited directors

Avtar Construction Limited currently has 4 directors. The longest serving directors include Mrs Kuldeep Johal (Feb 2010) and Mr Perminder Johal (Jul 2010).

officercountryagestartendrole
Mrs Kuldeep JohalEngland47 years Feb 2010- Director
Mr Perminder Johal49 years Jul 2010- Director
Mr Giancarlo CarpinelliEngland32 years Mar 2022- Director
Mr Pasquale MazzottaEngland30 years Mar 2022- Director

P&L

February 2024

turnover

19.6m

-12%

operating profit

253.7k

-49%

gross margin

11.7%

+19.29%

turnover

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

Balance Sheet

February 2024

net assets

710k

-0.12%

total assets

4.7m

-0.01%

cash

2.5k

-1%

net assets

Total assets minus all liabilities

avtar construction limited company details

company number

07166905

Type

Private limited with Share Capital

industry

42990 - Construction of other civil engineering projects n.e.c.

incorporation date

February 2010

age

14

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

UHY ROSS BROOKE

address

unit 18 hobley drive, stratton,, hobley drive, swindon, wiltshire, SN3 4NS

Bank

-

Legal Advisor

-

avtar construction 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 avtar construction limited. Currently there are 1 open charges and 1 have been satisfied in the past.

charges

avtar construction limited Companies House Filings - See Documents

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