Akshar Developments Ltd

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akshar developments ltd Company Information

Live

EstablishedSmallDeclining

Company Number

07418750

Next Accounts

Jul 2025

Industry

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

Directors

Dhawnitkumar Patel

Shareholders

dilip shah & meena shah

dhawnit patel & anna patel

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Group Structure

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Contact

Registered Address

9 churchill court, 58 station road, harrow, HA2 7SA

Website

akshar developments ltd Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of AKSHAR DEVELOPMENTS LTD at £8.1m based on a Turnover of £3.2m and 2.51x industry multiple (adjusted for size and gross margin).

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Akshar Developments Ltd is a live company located in harrow, HA2 7SA with a Companies House number of 07418750. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2010, it's largest shareholder is dilip shah & meena shah with a 25% stake. Akshar Developments Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.2m with declining growth in recent years.

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Pomanda's financial health check has awarded Akshar Developments Ltd 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 Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £3.2m, make it larger than the average company (£843.2k)

Growth

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

EXPORT

Akshar Developments Ltd's latest turnover from October 2023 is estimated at £3.2 million and the company has net assets of £252.7 thousand. According to their latest financial statements, Akshar Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011
Turnover	3,237,719	3,302,374	3,080,180	3,581,223	3,870,460	3,668,357	5,112,771	109,292	166,930	45,052	50,301	36,402	10,745
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,256,926	2,375,955	2,250,640	2,549,241	2,730,430	2,562,082	3,487,039	73,360	118,136	32,721	37,089	26,747	7,845
Gross Profit	980,794	926,419	829,540	1,031,982	1,140,031	1,106,275	1,625,731	35,933	48,795	12,331	13,212	9,655	2,899
Admin Expenses	938,711	889,468	794,415	998,609	1,108,451	1,078,095	1,573,527	-40,900	-26,770	-66,518	-63,679	-72,346	-4,953
Operating Profit	42,083	36,951	35,125	33,373	31,580	28,180	52,204	76,833	75,565	78,849	76,891	82,001	7,852
Interest Payable	0	0	0	0	0	0	25,155	51,101	54,741	56,243	57,655	59,039	29,869
Interest Receivable	0	0	0	0	0	0	7	10	18	39	38	13	3
Pre-Tax Profit	42,083	36,951	35,125	33,373	31,580	28,180	27,056	25,743	20,841	22,646	19,274	22,975	-22,014
Tax	-10,521	-7,021	-6,674	-6,341	-6,000	-5,354	-5,141	-5,148	-4,168	-4,756	-4,433	-5,514	0
Profit After Tax	31,562	29,930	28,451	27,032	25,580	22,826	21,915	20,594	16,673	17,890	14,841	17,461	-22,014
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	31,562	29,930	28,451	27,032	25,580	22,826	21,915	20,594	16,673	17,890	14,841	17,461	-22,014
Employee Costs	31,812	30,136	27,978	27,414	28,129	26,848	435,999	26,000	26,130	25,034	23,907	24,341	23,539
Number Of Employees	1	1	1	1	1	1	17	1	1	1	1	1	1
EBITDA*	42,083	36,951	35,125	33,373	31,580	28,180	52,204	76,833	75,565	78,849	76,891	82,001	7,852

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011
Tangible Assets	0	0	0	0	0	0	0	0	0	1,286,482	1,286,482	1,286,482	1,286,482
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	0	0	0	0	0	0	1,286,482	1,286,482	1,286,482	1,286,482
Stock & work in progress	0	0	0	0	0	0	0	1,286,482	1,286,482	0	0	0	0
Trade Debtors	1,306,125	1,303,180	1,301,116	1,299,485	1,296,143	1,293,947	1,292,665	0	0	0	0	0	100
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	5,728	2,608	4,477	11,195	4,081	1,280
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,306,125	1,303,180	1,301,116	1,299,485	1,296,143	1,293,947	1,292,665	1,292,210	1,289,090	4,477	11,195	4,081	1,380
total assets	1,306,125	1,303,180	1,301,116	1,299,485	1,296,143	1,293,947	1,292,665	1,292,210	1,289,090	1,290,959	1,297,677	1,290,563	1,287,862
Bank overdraft	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
Trade Creditors	48,836	46,210	44,688	43,858	41,533	41,806	40,239	39,854	36,868	36,160	42,656	33,442	31,731
Group/Directors Accounts	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
hp & lease commitments	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
total current liabilities	48,836	46,210	44,688	43,858	41,533	41,806	40,239	39,854	36,868	36,160	42,656	33,442	31,731
loans	0	0	0	0	0	0	0	804,971	830,271	854,073	876,469	897,538	919,045
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	1,004,548	1,035,791	1,065,179	1,092,829	1,118,844	1,141,955	1,165,066	381,840	377,000	372,448	368,164	364,036	359,000
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	1,004,548	1,035,791	1,065,179	1,092,829	1,118,844	1,141,955	1,165,066	1,186,811	1,207,271	1,226,521	1,244,633	1,261,574	1,278,045
total liabilities	1,053,384	1,082,001	1,109,867	1,136,687	1,160,377	1,183,761	1,205,305	1,226,665	1,244,139	1,262,681	1,287,289	1,295,016	1,309,776
net assets	252,741	221,179	191,249	162,798	135,766	110,186	87,360	65,545	44,951	28,278	10,388	-4,453	-21,914
total shareholders funds	252,741	221,179	191,249	162,798	135,766	110,186	87,360	65,545	44,951	28,278	10,388	-4,453	-21,914

	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011
Operating Activities
Operating Profit	42,083	36,951	35,125	33,373	31,580	28,180	52,204	76,833	75,565	78,849	76,891	82,001	7,852
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-10,521	-7,021	-6,674	-6,341	-6,000	-5,354	-5,141	-5,148	-4,168	-4,756	-4,433	-5,514	0
Stock	0	0	0	0	0	0	-1,286,482	0	1,286,482	0	0	0	0
Debtors	2,945	2,064	1,631	3,342	2,196	1,282	1,292,665	0	0	0	0	-100	100
Creditors	2,626	1,522	830	2,325	-273	1,567	385	2,986	708	-6,496	9,214	1,711	31,731
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	31,243	29,388	27,650	26,015	23,111	23,111	41,265	74,671	-1,214,377	67,597	81,672	78,298	39,483
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	1,286,482	0	0	0	-1,286,482
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	1,286,482	0	0	0	-1,286,482
Financing Activities
Bank loans	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
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	-804,971	-25,300	-23,802	-22,396	-21,069	-21,507	919,045
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-31,243	-29,388	-27,650	-26,015	-23,111	-23,111	783,226	4,840	4,552	4,284	4,128	5,036	359,000
share issue	0	0	0	0	0	0	-100	0	0	0	0	0	100
interest	0	0	0	0	0	0	-25,148	-51,091	-54,723	-56,204	-57,617	-59,026	-29,866
cash flow from financing	-31,243	-29,388	-27,650	-26,015	-23,111	-23,111	-46,993	-71,551	-73,973	-74,316	-74,558	-75,497	1,248,279
cash and cash equivalents
cash	0	0	0	0	0	0	-5,728	3,120	-1,869	-6,718	7,114	2,801	1,280
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-5,728	3,120	-1,869	-6,718	7,114	2,801	1,280

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for akshar developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in HA2 area or any other competitors across 12 key performance metrics.

AKSHAR DEVELOPMENTS LTD group structure

Akshar Developments Ltd has no subsidiary companies.

Ultimate parent company

AKSHAR DEVELOPMENTS LTD

07418750

AKSHAR DEVELOPMENTS LTD Shareholders

dilip shah & meena shah	25%
dhawnit patel & anna patel	25%
anant patel & bhavna patel & bimal patel & netra patel	25%
pankaj datta & prashila datta	25%

Akshar Developments Ltd currently has 1 director, Mr Dhawnitkumar Patel serving since Jul 2018.

officer	country	age	start	end	role
Mr Dhawnitkumar Patel	England	69 years	Jul 2018	-	Director

P&L

October 2023

turnover

3.2m

-2%

operating profit

42.1k

gross margin

30.3%

+7.98%

turnover

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

Balance Sheet

October 2023

net assets

252.7k

+0.14%

total assets

1.3m

cash

net assets

Total assets minus all liabilities

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company number

07418750

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

October 2010

ultimate parent company

None

previous names

N/A

address

9 churchill court, 58 station road, harrow, HA2 7SA

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 akshar developments ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

akshar developments ltd Company Information

akshar developments ltd Estimated Valuation

akshar developments ltd Estimated Valuation

akshar developments ltd Estimated Valuation

Akshar Developments Ltd Overview

Akshar Developments Ltd Health Check

AKSHAR DEVELOPMENTS LTD financials

akshar developments ltd Credit Report and Business Information

Akshar Developments Ltd Competitor Analysis

akshar developments ltd Ownership

akshar developments ltd directors

akshar developments ltd company details

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akshar developments ltd Companies House Filings - See Documents