agas foods ltd
agas foods ltd Company Information
Company Number
08040728
Next Accounts
Jan 2025
Industry
Other food service activities
Directors
Shareholders
sanmuka gnanam
harini gnanam
Group Structure
View All
Contact
Registered Address
124 southend arterial road, gidea park, romford, RM2 6PR
Website
agafoodltd.comagas foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AGAS FOODS LTD at £45.3k based on a Turnover of £111.7k and 0.41x industry multiple (adjusted for size and gross margin).
agas foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AGAS FOODS LTD at £26.2k based on an EBITDA of £7.1k and a 3.68x industry multiple (adjusted for size and gross margin).
agas foods ltd Estimated Valuation
Pomanda estimates the enterprise value of AGAS FOODS LTD at £20.6k based on Net Assets of £7.3k and 2.84x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Agas Foods Ltd Overview
Agas Foods Ltd is a live company located in romford, RM2 6PR with a Companies House number of 08040728. It operates in the other food services sector, SIC Code 56290. Founded in April 2012, it's largest shareholder is sanmuka gnanam with a 60% stake. Agas Foods Ltd is a established, micro sized company, Pomanda has estimated its turnover at £111.7k with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Agas Foods Ltd Health Check
Pomanda's financial health check has awarded Agas Foods Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £111.7k, make it smaller than the average company (£1.5m)
- Agas Foods Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.1%)
- Agas Foods Ltd
6.1% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (27.6%)
- Agas Foods Ltd
27.6% - Industry AVG
Profitability
an operating margin of 4.4% make it more profitable than the average company (3.1%)
- Agas Foods Ltd
3.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (16)
3 - Agas Foods Ltd
16 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)
- Agas Foods Ltd
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £37.2k, this is less efficient (£66k)
- Agas Foods Ltd
£66k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (31 days)
- Agas Foods Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (36 days)
- Agas Foods Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Agas Foods Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (21 weeks)
13 weeks - Agas Foods Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.9%, this is a higher level of debt than the average (69.5%)
79.9% - Agas Foods Ltd
69.5% - Industry AVG
AGAS FOODS LTD financials
Agas Foods Ltd's latest turnover from April 2023 is estimated at £111.7 thousand and the company has net assets of £7.3 thousand. According to their latest financial statements, Agas Foods Ltd has 3 employees and maintains cash reserves of £5.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,636 | 1,792 | 2,240 | 2,800 | 3,500 | 4,375 | 5,469 | 6,836 | 7,764 | 4,323 | 1,904 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 11,636 | 1,792 | 2,240 | 2,800 | 3,500 | 4,375 | 5,469 | 6,836 | 7,764 | 4,323 | 1,904 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,216 | 11,175 | 5,692 | 7,014 | 3,238 | 3,055 | 4,059 | 2,738 | 3,960 | 4,091 | 3,836 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 5,295 | 7,032 | 10,790 | 6,286 | 4,504 | 2,779 | 1,322 | 3,559 | 1,902 | 2,653 | 1,624 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 24,511 | 18,207 | 16,482 | 13,300 | 7,742 | 5,834 | 5,381 | 6,297 | 5,862 | 6,744 | 5,460 |
| total assets | 36,147 | 19,999 | 18,722 | 16,100 | 11,242 | 10,209 | 10,850 | 13,133 | 13,626 | 11,067 | 7,364 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,055 | 16,392 | 13,708 | 16,525 | 10,978 | 10,388 | 11,346 | 5,793 | 6,446 | 3,698 | 3,405 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 25 | 127 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 20,055 | 16,392 | 13,708 | 16,525 | 10,978 | 10,388 | 11,371 | 5,920 | 6,446 | 3,698 | 3,405 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 6,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,161 | 190 | 352 | 442 | 497 | 697 | 876 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,828 | 190 | 352 | 442 | 497 | 697 | 876 | 0 | 0 | 0 | 0 |
| total liabilities | 28,883 | 16,582 | 14,060 | 16,967 | 11,475 | 11,085 | 12,247 | 5,920 | 6,446 | 3,698 | 3,405 |
| net assets | 7,264 | 3,417 | 4,662 | -867 | -233 | -876 | -1,397 | 7,213 | 7,180 | 7,369 | 3,959 |
| total shareholders funds | 7,264 | 3,417 | 4,662 | -867 | -233 | -876 | -1,397 | 7,213 | 7,180 | 7,369 | 3,959 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 2,235 | 448 | 560 | 700 | 875 | 1,094 | 1,367 | 1,709 | 1,285 | 1,081 | 476 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,041 | 5,483 | -1,322 | 3,776 | 183 | -1,004 | 1,321 | -1,222 | -131 | 255 | 3,836 |
| Creditors | 3,663 | 2,684 | -2,817 | 5,547 | 590 | -958 | 5,553 | -653 | 2,748 | 293 | 3,405 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 1,971 | -162 | -90 | -55 | -200 | -179 | 876 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -25 | -102 | 127 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 6,667 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,737 | -3,758 | 4,504 | 1,782 | 1,725 | 1,457 | -2,237 | 1,657 | -751 | 1,029 | 1,624 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,737 | -3,758 | 4,504 | 1,782 | 1,725 | 1,457 | -2,237 | 1,657 | -751 | 1,029 | 1,624 |
agas foods ltd Credit Report and Business Information
Agas Foods Ltd Competitor Analysis
Perform a competitor analysis for agas foods ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in RM2 area or any other competitors across 12 key performance metrics.
agas foods ltd Ownership
AGAS FOODS LTD group structure
Agas Foods Ltd has no subsidiary companies.
Ultimate parent company
AGAS FOODS LTD
08040728
agas foods ltd directors
Agas Foods Ltd currently has 1 director, Mr Sanmuka Gnanam serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanmuka Gnanam | 61 years | May 2015 | - | Director |
P&L
April 2023turnover
111.7k
+52%
operating profit
4.9k
0%
gross margin
15.3%
+21.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
7.3k
+1.13%
total assets
36.1k
+0.81%
cash
5.3k
-0.25%
net assets
Total assets minus all liabilities
agas foods ltd company details
company number
08040728
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
April 2012
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
A T
auditor
-
address
124 southend arterial road, gidea park, romford, RM2 6PR
Bank
-
Legal Advisor
-
agas 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 agas foods ltd.
agas 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.
Click to start generating capital raising & share issue transactions for AGAS FOODS LTD. This can take several minutes, an email will notify you when this has completed.
agas foods ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
