ak 10 ltd

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ak 10 ltd Company Information

Share AK 10 LTD

Company Number

07607292

Directors

Aun Than

Shareholders

l.m. leong

aun kok than

Group Structure

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Industry

Management consultancy activities (other than financial management)

 

Registered Address

chiltern chambers, st peters avenue, reading, berkshire, RG4 7DH

ak 10 ltd Estimated Valuation

£56.1k

Pomanda estimates the enterprise value of AK 10 LTD at £56.1k based on a Turnover of £116.9k and 0.48x industry multiple (adjusted for size and gross margin).

ak 10 ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AK 10 LTD at £0 based on an EBITDA of £-18.1k and a 4.14x industry multiple (adjusted for size and gross margin).

ak 10 ltd Estimated Valuation

£60.7k

Pomanda estimates the enterprise value of AK 10 LTD at £60.7k based on Net Assets of £23.2k and 2.61x industry multiple (adjusted for liquidity).

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Ak 10 Ltd Overview

Ak 10 Ltd is a live company located in reading, RG4 7DH with a Companies House number of 07607292. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2011, it's largest shareholder is l.m. leong with a 50% stake. Ak 10 Ltd is a established, micro sized company, Pomanda has estimated its turnover at £116.9k with rapid growth in recent years.

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Ak 10 Ltd Health Check

Pomanda's financial health check has awarded Ak 10 Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £116.9k, make it smaller than the average company (£433.3k)

£116.9k - Ak 10 Ltd

£433.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (10.6%)

41% - Ak 10 Ltd

10.6% - Industry AVG

production

Production

with a gross margin of 58%, this company has a comparable cost of product (58%)

58% - Ak 10 Ltd

58% - Industry AVG

profitability

Profitability

an operating margin of -19% make it less profitable than the average company (8.5%)

-19% - Ak 10 Ltd

8.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Ak 10 Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £49k, the company has an equivalent pay structure (£49k)

£49k - Ak 10 Ltd

£49k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £116.9k, this is equally as efficient (£116.9k)

£116.9k - Ak 10 Ltd

£116.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Ak 10 Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Ak 10 Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ak 10 Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 309 weeks, this is more cash available to meet short term requirements (27 weeks)

309 weeks - Ak 10 Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.4%, this is a lower level of debt than the average (52.9%)

7.4% - Ak 10 Ltd

52.9% - Industry AVG

AK 10 LTD financials

EXPORTms excel logo

Ak 10 Ltd's latest turnover from March 2024 is estimated at £116.9 thousand and the company has net assets of £23.2 thousand. According to their latest financial statements, Ak 10 Ltd has 1 employee and maintains cash reserves of £11 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover116,919117,872108,67042,118109,594121,124294,017325,561378,6854,86237,68943,32596,200
Other Income Or Grants
Cost Of Sales49,12849,84743,95116,28440,38941,34496,618108,402132,9961,77713,25913,94329,578
Gross Profit67,79068,02464,71825,83469,20679,779197,398217,159245,6903,08424,43129,38266,622
Admin Expenses90,02287,62588,82740,74075,53738,331196,705218,935250,54914,47134,728-6,064-23,330
Operating Profit-22,232-19,601-24,109-14,906-6,33141,448693-1,776-4,859-11,387-10,29735,44689,952
Interest Payable
Interest Receivable9881,3843525989434200398466949
Pre-Tax Profit-21,244-18,217-23,757-14,847-6,24241,883693-1,776-4,659-10,989-9,83136,39589,952
Tax-7,958-132-7,279-17,991
Profit After Tax-21,244-18,217-23,757-14,847-6,24233,925561-1,776-4,659-10,989-9,83129,11671,961
Dividends Paid755
Retained Profit-21,244-18,217-23,757-14,847-6,24233,925561-1,776-4,659-10,989-9,83128,36171,961
Employee Costs49,04845,95245,30741,92541,74850,295138,656143,816196,58149,49850,59850,49549,188
Number Of Employees1111113341111
EBITDA*-18,083-14,097-16,933-5,3737,40041,448693-1,776-4,859-11,159-9,91735,95390,238

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets12,80216,95121,95729,13337,4871,1201,4005847309121,1401,5201,144
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets12,80216,95121,95729,13337,4871,1201,4005847309121,1401,5201,144
Stock & work in progress
Trade Debtors2,00075,87373,80376,6936,902
Group Debtors
Misc Debtors1,2873,8383,8012,0833,6635,000
Cash11,01126,63038,49955,25761,949115,82180,08078,922107,467100,011
misc current assets
total current assets12,29830,46842,30059,34065,612115,82175,87373,80376,69380,08090,824107,467100,011
total assets25,10047,41964,25788,473103,099116,94177,27374,38777,42380,99291,964108,987101,155
Bank overdraft
Bank loan
Trade Creditors 3,6451,3202,5801,2601,243
Group/Directors Accounts42247208627406622
other short term finances
hp & lease commitments
other current liabilities1,8102,6801,3401,3801,3808,7648,35928,963
total current liabilities1,8522,9271,5482,0071,7869,3863,6451,3202,5801,2601,2438,35928,963
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions228228304229
total long term liabilities228228304229
total liabilities1,8522,9271,5482,0071,7869,3863,6451,3202,5801,4881,4718,66329,192
net assets23,24844,49262,70986,466101,313107,55573,62873,06774,84379,50490,493100,32471,963
total shareholders funds23,24844,49262,70986,466101,313107,55573,62873,06774,84379,50490,493100,32471,963
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit-22,232-19,601-24,109-14,906-6,33141,448693-1,776-4,859-11,387-10,29735,44689,952
Depreciation4,1495,5047,1769,53313,731228380507286
Amortisation
Tax-7,958-132-7,279-17,991
Stock
Debtors-2,55137-2824203,663-75,8732,070-2,89076,693-11,90211,902
Creditors-3,6452,325-1,2601,320171,243
Accruals and Deferred Income-8701,340-40-7,3848,764-8,359-20,60428,963
Deferred Taxes & Provisions-228-7675229
Cash flow from operations-16,402-12,794-16,691-5,793-3,647114,482816-146-80,460760-29,0118,145101,439
Investing Activities
capital expenditure-498-1,179-50,098280-816146182-883-1,430
Change in Investments
cash flow from investments-498-1,179-50,098280-816146182-883-1,430
Financing Activities
Bank loans
Group/Directors Accounts-20539-419221-216622
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2-22
interest9881,3843525989434200398466949
cash flow from financing7831,423-67280-1271,0581983984669492
cash and cash equivalents
cash-15,619-11,869-16,758-6,692-53,872115,821-80,0801,158-28,5457,456100,011
overdraft
change in cash-15,619-11,869-16,758-6,692-53,872115,821-80,0801,158-28,5457,456100,011

ak 10 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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Ak 10 Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for ak 10 ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RG4 area or any other competitors across 12 key performance metrics.

ak 10 ltd Ownership

AK 10 LTD group structure

Ak 10 Ltd has no subsidiary companies.

Ultimate parent company

AK 10 LTD

07607292

AK 10 LTD Shareholders

l.m. leong 50%
aun kok than 50%

ak 10 ltd directors

Ak 10 Ltd currently has 1 director, Mr Aun Than serving since Apr 2011.

officercountryagestartendrole
Mr Aun ThanUnited Kingdom72 years Apr 2011- Director

P&L

March 2024

turnover

116.9k

-1%

operating profit

-22.2k

0%

gross margin

58%

+0.47%

turnover

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

Balance Sheet

March 2024

net assets

23.2k

-0.48%

total assets

25.1k

-0.47%

cash

11k

-0.59%

net assets

Total assets minus all liabilities

ak 10 ltd company details

company number

07607292

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

April 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

ASSETS LIMITED

auditor

-

address

chiltern chambers, st peters avenue, reading, berkshire, RG4 7DH

Bank

-

Legal Advisor

-

ak 10 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 ak 10 ltd.

ak 10 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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ak 10 ltd Companies House Filings - See Documents

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