avakas developments limited
avakas developments limited Company Information
Company Number
07438018
Next Accounts
Sep 2025
Shareholders
exodus fund holding ltd
Group Structure
View All
Industry
Development of building projects
+1Registered Address
unit 7 mulberry place, pinnell road, eltham, london, SE9 6AR
Website
http://officeboom.comavakas developments limited Estimated Valuation
Pomanda estimates the enterprise value of AVAKAS DEVELOPMENTS LIMITED at £191.6k based on a Turnover of £100.7k and 1.9x industry multiple (adjusted for size and gross margin).
avakas developments limited Estimated Valuation
Pomanda estimates the enterprise value of AVAKAS DEVELOPMENTS LIMITED at £63.8k based on an EBITDA of £12.6k and a 5.07x industry multiple (adjusted for size and gross margin).
avakas developments limited Estimated Valuation
Pomanda estimates the enterprise value of AVAKAS DEVELOPMENTS LIMITED at £0 based on Net Assets of £-243.6k and 1.58x industry multiple (adjusted for liquidity).
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Avakas Developments Limited Overview
Avakas Developments Limited is a live company located in eltham, SE9 6AR with a Companies House number of 07438018. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2010, it's largest shareholder is exodus fund holding ltd with a 100% stake. Avakas Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £100.7k with declining growth in recent years.
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Avakas Developments Limited Health Check
Pomanda's financial health check has awarded Avakas Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
6 Weak
Size
annual sales of £100.7k, make it smaller than the average company (£1.8m)
- Avakas Developments Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.2%)
- Avakas Developments Limited
4.2% - Industry AVG
Production
with a gross margin of 49%, this company has a comparable cost of product (49%)
- Avakas Developments Limited
49% - Industry AVG
Profitability
an operating margin of 12.5% make it as profitable than the average company (14.2%)
- Avakas Developments Limited
14.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Avakas Developments Limited
5 - Industry AVG
Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Avakas Developments Limited
£40.6k - Industry AVG
Efficiency
resulting in sales per employee of £100.7k, this is less efficient (£246.4k)
- Avakas Developments Limited
£246.4k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is near the average (31 days)
- Avakas Developments Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 217 days, this is slower than average (32 days)
- Avakas Developments Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (105 days)
- Avakas Developments Limited
105 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Avakas Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 817.4%, this is a higher level of debt than the average (72.6%)
817.4% - Avakas Developments Limited
72.6% - Industry AVG
AVAKAS DEVELOPMENTS LIMITED financials
Avakas Developments Limited's latest turnover from December 2023 is estimated at £100.7 thousand and the company has net assets of -£243.6 thousand. According to their latest financial statements, we estimate that Avakas Developments Limited has 1 employee and maintains cash reserves of £11.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Feb 2014 | Feb 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | |||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Feb 2014 | Feb 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 246 | 480 | 703 | 3,172,372 | 1,098,518 | 1,473,165 | 797,425 | ||||||
| Intangible Assets | |||||||||||||
| Investments & Other | 13 | 13 | 13 | 13 | 15 | 24 | 36 | 2,684,036 | 9,528,999 | 12,279,223 | 11,141,756 | 5,152,591 | 2,165,000 |
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 13 | 13 | 13 | 13 | 15 | 24 | 282 | 2,684,516 | 9,529,702 | 15,451,595 | 12,240,274 | 6,625,756 | 2,962,425 |
| Stock & work in progress | 100 | 272,542 | 314,285 | 1,115,262 | 1,354,617 | 6,415,550 | 5,786,066 | 5,737,668 | 5,200,657 | ||||
| Trade Debtors | 8,602 | 8,704 | 24,591 | 5,151 | 11,086 | 3,773 | 231,477 | 195,653 | 14,605 | 1,075 | |||
| Group Debtors | |||||||||||||
| Misc Debtors | 13,636 | 12,750 | 911,175 | 1,128,041 | 1,166,723 | 1,167,411 | 2,039,599 | 940,551 | 18,314 | ||||
| Cash | 11,603 | 46,908 | 63,652 | 28,017 | 185,579 | 102,110 | 219,374 | 17,990 | 265,564 | 5,261 | 149,493 | 11,217 | 250,749 |
| misc current assets | |||||||||||||
| total current assets | 33,941 | 340,904 | 1,313,703 | 2,276,471 | 2,718,005 | 7,688,844 | 8,045,039 | 6,696,209 | 5,484,535 | 236,738 | 345,146 | 25,822 | 251,824 |
| total assets | 33,954 | 340,917 | 1,313,716 | 2,276,484 | 2,718,020 | 7,688,868 | 8,045,321 | 9,380,725 | 15,014,237 | 15,688,333 | 12,585,420 | 6,651,578 | 3,214,249 |
| Bank overdraft | 1,972,277 | 651,723 | 206,727 | 156,000 | |||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 30,541 | 20,305 | 6,451 | 5,088 | 442 | 16,789 | 8,691 | 161,790 | 102,307 | 3,168,691 | 2,376,487 | 2,502,324 | 1,045,300 |
| Group/Directors Accounts | |||||||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 246,999 | 574,797 | 2,894,715 | 5,019,742 | 1,634,766 | 2,750,136 | 2,108,476 | 2,757,795 | 3,148,057 | ||||
| total current liabilities | 277,540 | 595,102 | 2,901,166 | 5,024,830 | 1,635,208 | 4,739,202 | 2,768,890 | 3,126,312 | 3,406,364 | 3,168,691 | 2,376,487 | 2,502,324 | 1,045,300 |
| loans | 858,890 | 3,292,560 | 6,947,641 | ||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 3,200,000 | 3,650,000 | 3,250,000 | 3,391,508 | 4,545,000 | 10,552,777 | 7,559,342 | 3,468,226 | 1,747,104 | ||||
| provisions | 25,000 | ||||||||||||
| total long term liabilities | 3,200,000 | 3,650,000 | 4,108,890 | 6,684,068 | 11,517,641 | 10,552,777 | 7,559,342 | 3,468,226 | 1,747,104 | ||||
| total liabilities | 277,540 | 595,102 | 2,901,166 | 5,024,830 | 4,835,208 | 8,389,202 | 6,877,780 | 9,810,380 | 14,924,005 | 13,721,468 | 9,935,829 | 5,970,550 | 2,792,404 |
| net assets | -243,586 | -254,185 | -1,587,450 | -2,748,346 | -2,117,188 | -700,334 | 1,167,541 | -429,655 | 90,232 | 1,966,865 | 2,649,591 | 681,028 | 421,845 |
| total shareholders funds | -243,586 | -254,185 | -1,587,450 | -2,748,346 | -2,117,188 | -700,334 | 1,167,541 | -429,655 | 90,232 | 1,966,865 | 2,649,591 | 681,028 | 421,845 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Feb 2015 | Feb 2014 | Feb 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 246 | 234 | 223 | 234 | 222 | 222 | 223 | 222 | |||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | -272,442 | -41,743 | -800,977 | -239,355 | -5,060,933 | 629,484 | 48,398 | 537,011 | 5,200,657 | ||||
| Debtors | 784 | -914,312 | -197,426 | -44,617 | 6,625 | -868,415 | 1,099,048 | 922,237 | -177,339 | 35,824 | 181,048 | 13,530 | 1,075 |
| Creditors | 10,236 | 13,854 | 1,363 | 4,646 | -16,347 | 8,098 | -153,099 | 59,483 | -2,274,180 | 792,204 | -125,837 | 1,457,024 | 1,045,300 |
| Accruals and Deferred Income | -327,798 | -2,319,918 | -2,125,027 | 3,384,976 | -1,115,370 | 641,660 | -649,319 | -390,262 | 3,148,057 | ||||
| Deferred Taxes & Provisions | -25,000 | 25,000 | |||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -2 | -9 | -12 | -2,684,000 | -6,844,963 | -1,612,757 | 1,137,467 | 5,989,165 | 2,987,591 | 2,165,000 | |||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -858,890 | -2,433,670 | -3,655,081 | 6,947,641 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | -3,200,000 | -450,000 | 400,000 | -141,508 | -1,153,492 | -3,014,342 | 2,993,435 | 4,091,116 | 1,721,122 | 1,747,104 | |||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -35,305 | -16,744 | 35,635 | -157,562 | 83,469 | -117,264 | 201,384 | -247,574 | 116,071 | -144,232 | 138,276 | -239,532 | 250,749 |
| overdraft | -1,972,277 | 1,320,554 | 444,996 | 50,727 | 156,000 | ||||||||
| change in cash | -35,305 | -16,744 | 35,635 | -157,562 | 2,055,746 | -1,437,818 | -243,612 | -298,301 | -39,929 | -144,232 | 138,276 | -239,532 | 250,749 |
avakas developments limited Credit Report and Business Information
Avakas Developments Limited Competitor Analysis
Perform a competitor analysis for avakas developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SE9 area or any other competitors across 12 key performance metrics.
avakas developments limited Ownership
AVAKAS DEVELOPMENTS LIMITED group structure
Avakas Developments Limited has 8 subsidiary companies.
Ultimate parent company
EXODUS FUND HOLDING LTD
#0102594
1 parent
AVAKAS DEVELOPMENTS LIMITED
07438018
8 subsidiaries
avakas developments limited directors
Avakas Developments Limited currently has 2 directors. The longest serving directors include Mr James Tyler (Nov 2010) and Mr Gavin McLean (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Tyler | England | 53 years | Nov 2010 | - | Director |
| Mr Gavin McLean | United Kingdom | 57 years | Aug 2021 | - | Director |
P&L
December 2023turnover
100.7k
-33%
operating profit
12.6k
0%
gross margin
49.1%
+0.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-243.6k
-0.04%
total assets
34k
-0.9%
cash
11.6k
-0.75%
net assets
Total assets minus all liabilities
avakas developments limited company details
company number
07438018
Type
Private limited with Share Capital
industry
41100 - Development of building projects
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
November 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
NICHOLS & CO (ACCOUNTANCY) LIMITED
auditor
-
address
unit 7 mulberry place, pinnell road, eltham, london, SE9 6AR
Bank
-
Legal Advisor
-
avakas developments 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 44 charges/mortgages relating to avakas developments limited. Currently there are 32 open charges and 12 have been satisfied in the past.
avakas developments 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.
Click to start generating capital raising & share issue transactions for AVAKAS DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
avakas developments limited Companies House Filings - See Documents
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