asian african foods ltd

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asian african foods ltd Company Information

Share ASIAN AFRICAN FOODS LTD

Company Number

07669123

Shareholders

santhirasegaram ketheeswaran

Group Structure

View All

Industry

Non-specialised wholesale of food, beverages and tobacco

 +2

Registered Address

704-708 uxbridge road, hayes, middlesex, UB4 0RX

Website

-

asian african foods ltd Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of ASIAN AFRICAN FOODS LTD at £1.3m based on a Turnover of £4.1m and 0.31x industry multiple (adjusted for size and gross margin).

asian african foods ltd Estimated Valuation

£246.3k

Pomanda estimates the enterprise value of ASIAN AFRICAN FOODS LTD at £246.3k based on an EBITDA of £63.8k and a 3.86x industry multiple (adjusted for size and gross margin).

asian african foods ltd Estimated Valuation

£791.5k

Pomanda estimates the enterprise value of ASIAN AFRICAN FOODS LTD at £791.5k based on Net Assets of £357.7k and 2.21x industry multiple (adjusted for liquidity).

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Asian African Foods Ltd Overview

Asian African Foods Ltd is a live company located in middlesex, UB4 0RX with a Companies House number of 07669123. It operates in the agents involved in the sale of food, beverages and tobacco sector, SIC Code 46170. Founded in June 2011, it's largest shareholder is santhirasegaram ketheeswaran with a 100% stake. Asian African Foods Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.1m with healthy growth in recent years.

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Asian African Foods Ltd Health Check

Pomanda's financial health check has awarded Asian African Foods Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £4.1m, make it smaller than the average company (£17m)

£4.1m - Asian African Foods Ltd

£17m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.7%)

5% - Asian African Foods Ltd

6.7% - Industry AVG

production

Production

with a gross margin of 20%, this company has a comparable cost of product (20%)

20% - Asian African Foods Ltd

20% - Industry AVG

profitability

Profitability

an operating margin of 0.9% make it less profitable than the average company (2.9%)

0.9% - Asian African Foods Ltd

2.9% - Industry AVG

employees

Employees

with 21 employees, this is below the industry average (40)

21 - Asian African Foods Ltd

40 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Asian African Foods Ltd

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £196.6k, this is less efficient (£407.5k)

£196.6k - Asian African Foods Ltd

£407.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Asian African Foods Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Asian African Foods Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 14 days, this is less than average (29 days)

14 days - Asian African Foods Ltd

29 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)

1 weeks - Asian African Foods Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.4%, this is a lower level of debt than the average (61.3%)

31.4% - Asian African Foods Ltd

61.3% - Industry AVG

ASIAN AFRICAN FOODS LTD financials

EXPORTms excel logo

Asian African Foods Ltd's latest turnover from December 2023 is estimated at £4.1 million and the company has net assets of £357.7 thousand. According to their latest financial statements, Asian African Foods Ltd has 21 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Turnover4,128,4552,975,2404,866,7873,516,5352,655,1603,352,5581,231,5733,109,9751,439,9251,898,6301,937,5101,483,180
Other Income Or Grants
Cost Of Sales3,301,5482,380,7483,908,5562,815,4102,108,2132,704,261999,7782,499,1001,165,1211,554,5821,578,5981,208,650
Gross Profit826,907594,492958,231701,126546,946648,297231,795610,875274,804344,048358,912274,530
Admin Expenses788,691739,9641,111,767664,338528,154639,289232,184617,515233,159182,43877,467-37,121
Operating Profit38,216-145,472-153,53636,78818,7929,008-389-6,64041,645161,610281,445311,651
Interest Payable14,25015,6847,5511,77211
Interest Receivable4967294391821971771318321211610685
Pre-Tax Profit24,461-160,427-160,64835,19818,9899,184-258-6,55741,858161,727281,551311,736
Tax-6,115-6,688-3,608-1,745-8,371-33,963-64,757-74,817
Profit After Tax18,346-160,427-160,64828,51015,3817,439-258-6,55733,486127,764216,794236,919
Dividends Paid
Retained Profit18,346-160,427-160,64828,51015,3817,439-258-6,55733,486127,764216,794236,919
Employee Costs696,029469,467679,063377,782690,336890,10957,431671,835180,362234,307228,472178,049
Number Of Employees2115211223302257997
EBITDA*63,809-115,363-119,28677,08166,19762,29755,81751,98397,379227,180314,488349,380

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Tangible Assets160,024185,617213,826243,332283,625316,974333,497347,203315,826371,560187,244213,795
Intangible Assets
Investments & Other
Debtors (Due After 1 year)10,5009,000
Total Fixed Assets170,524194,617213,826243,332283,625316,974333,497347,203315,826371,560187,244213,795
Stock & work in progress135,000120,000299,000295,199295,200295,750310,250312,500305,000268,000235,000222,500
Trade Debtors4,289
Group Debtors162,500150,000150,000
Misc Debtors31,09139,21048,2803,64147,8001,595
Cash3,52115,36226,290324,98838,25414,31332,78219,60746,86638,1028,40633,867
misc current assets18,86827,80027,80027,80027,80027,80027,800185,93114,510
total current assets350,980324,572523,570651,628381,254339,458370,832359,907379,666333,902429,337275,166
total assets521,504519,189737,396894,960664,879656,432704,329707,110695,492705,462616,581488,961
Bank overdraft40,00040,00019729,05619
Bank loan40,000
Trade Creditors 5,7222,2541,60120,26221,301122,985161,868251,942
Group/Directors Accounts24,3183,00026,45713,7156,3629,0181,1621,99787
other short term finances
hp & lease commitments
other current liabilities32,77030,11927,57920,76720,82728,55492,41875,44558,141
total current liabilities97,08873,11994,23363,53832,91139,84595,18197,70479,529122,985161,868251,942
loans66,667106,667143,33329,056
hp & lease commitments
Accruals and Deferred Income
other liabilities141,888
provisions
total long term liabilities66,667106,667143,333170,944
total liabilities163,755179,786237,566234,48232,91139,84595,18197,70479,529122,985161,868251,942
net assets357,749339,403499,830660,478631,968616,587609,148609,406615,963582,477454,713237,019
total shareholders funds357,749339,403499,830660,478631,968616,587609,148609,406615,963582,477454,713237,019
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
Operating Activities
Operating Profit38,216-145,472-153,53636,78818,7929,008-389-6,64041,645161,610281,445311,651
Depreciation25,59330,10934,25040,29347,40553,28956,20658,62355,73465,57033,04337,729
Amortisation
Tax-6,115-6,688-3,608-1,745-8,371-33,963-64,757-74,817
Stock15,000-179,0003,801-1-550-14,500-2,2507,50037,00033,00012,500222,500
Debtors5,881-70194,639-44,15946,2051,595-4,2894,289
Creditors-5,7223,468653-18,661-1,039-101,684-38,883-90,074251,942
Accruals and Deferred Income2,6512,5406,812-60-7,727-63,86416,97317,30458,141
Deferred Taxes & Provisions
Cash flow from operations39,46466,247-310,914108,77112,67510,24656,37960,7488,465121,334151,446299,716
Investing Activities
capital expenditure-1,900-4,744-14,056-36,766-42,500-90,000-249,886-6,492-251,524
Change in Investments
cash flow from investments-1,900-4,744-14,056-36,766-42,500-90,000-249,886-6,492-251,524
Financing Activities
Bank loans-40,00040,000
Group/Directors Accounts21,318-23,45712,7427,353-2,6567,856-8351,91087
Other Short Term Loans
Long term loans-40,000-36,666114,27729,056
Hire Purchase and Lease Commitments
other long term liabilities-141,888141,888
share issue900100
interest-13,754-14,955-7,112-1,5901961761318321211610685
cash flow from financing-32,436-115,07818,019176,707-2,4608,032-7041,9932991161,006185
cash and cash equivalents
cash-11,841-10,928-298,698286,73423,941-18,46913,175-27,2598,76429,696-25,46133,867
overdraft39,803-28,85929,056-1919
change in cash-11,841-50,731-269,839257,67823,960-18,48813,175-27,2598,76429,696-25,46133,867

asian african foods 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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Asian African Foods Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for asian african foods ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in UB4 area or any other competitors across 12 key performance metrics.

asian african foods ltd Ownership

ASIAN AFRICAN FOODS LTD group structure

Asian African Foods Ltd has no subsidiary companies.

Ultimate parent company

ASIAN AFRICAN FOODS LTD

07669123

ASIAN AFRICAN FOODS LTD Shareholders

santhirasegaram ketheeswaran 100%

asian african foods ltd directors

Asian African Foods Ltd currently has 1 director, Mr Ashok Balasubramanian serving since Apr 2023.

officercountryagestartendrole
Mr Ashok BalasubramanianEngland55 years Apr 2023- Director

P&L

December 2023

turnover

4.1m

+39%

operating profit

38.2k

0%

gross margin

20.1%

+0.24%

turnover

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

Balance Sheet

December 2023

net assets

357.7k

+0.05%

total assets

521.5k

0%

cash

3.5k

-0.77%

net assets

Total assets minus all liabilities

asian african foods ltd company details

company number

07669123

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

46390 - Non-specialised wholesale of food, beverages and tobacco

46170 - Agents involved in the sale of food, beverages and tobacco

incorporation date

June 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

asian wallmart limited (September 2011)

accountant

BBK PARTNERSHIP

auditor

-

address

704-708 uxbridge road, hayes, middlesex, UB4 0RX

Bank

-

Legal Advisor

-

asian african foods 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 asian african foods ltd.

asian african foods 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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asian african foods ltd Companies House Filings - See Documents

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