alazen ltd

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alazen ltd Company Information

Share ALAZEN LTD

Company Number

08081420

Shareholders

paul andrew winstanley

nicholas douglas fisher

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Group Structure

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Industry

Security systems service activities

 +1

Registered Address

1 southby drive, fleet, GU51 3BE

alazen ltd Estimated Valuation

£116.9k

Pomanda estimates the enterprise value of ALAZEN LTD at £116.9k based on a Turnover of £211.4k and 0.55x industry multiple (adjusted for size and gross margin).

alazen ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ALAZEN LTD at £0 based on an EBITDA of £-105 and a 3.83x industry multiple (adjusted for size and gross margin).

alazen ltd Estimated Valuation

£292.6k

Pomanda estimates the enterprise value of ALAZEN LTD at £292.6k based on Net Assets of £128.8k and 2.27x industry multiple (adjusted for liquidity).

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Alazen Ltd Overview

Alazen Ltd is a live company located in fleet, GU51 3BE with a Companies House number of 08081420. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2012, it's largest shareholder is paul andrew winstanley with a 20% stake. Alazen Ltd is a established, micro sized company, Pomanda has estimated its turnover at £211.4k with low growth in recent years.

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Alazen Ltd Health Check

Pomanda's financial health check has awarded Alazen Ltd 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

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £211.4k, make it smaller than the average company (£3.7m)

£211.4k - Alazen Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (10.3%)

2% - Alazen Ltd

10.3% - Industry AVG

production

Production

with a gross margin of 34.8%, this company has a higher cost of product (55.5%)

34.8% - Alazen Ltd

55.5% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (4.7%)

0% - Alazen Ltd

4.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (32)

2 - Alazen Ltd

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.7k, the company has an equivalent pay structure (£54.7k)

£54.7k - Alazen Ltd

£54.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £105.7k, this is equally as efficient (£118k)

£105.7k - Alazen Ltd

£118k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Alazen Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 381 days, this is slower than average (45 days)

381 days - Alazen Ltd

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Alazen Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Alazen Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.8%, this is a lower level of debt than the average (61.9%)

52.8% - Alazen Ltd

61.9% - Industry AVG

ALAZEN LTD financials

EXPORTms excel logo

Alazen Ltd's latest turnover from June 2024 is estimated at £211.4 thousand and the company has net assets of £128.8 thousand. According to their latest financial statements, we estimate that Alazen Ltd has 2 employees and maintains cash reserves of £2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Turnover211,386187,548188,410196,72224,20325,26048,32061,113154,159458,15392,78078,712
Other Income Or Grants
Cost Of Sales137,910124,326124,365130,71916,10817,08332,02739,504100,750291,00858,83748,121
Gross Profit73,47763,22264,04566,0038,0948,17716,29321,60853,409167,14433,94330,591
Admin Expenses73,58263,32265,10268,83510,99110,08822,303-80,14123,251-15,509415,988376,611
Operating Profit-105-100-1,057-2,832-2,897-1,911-6,010101,74930,158182,653-382,045-346,020
Interest Payable
Interest Receivable1051003657931255112320215154
Pre-Tax Profit-1,021-2,827-2,890-1,818-5,885101,80030,281182,855-381,894-345,966
Tax-19,342-6,056-36,571
Profit After Tax-1,021-2,827-2,890-1,818-5,88582,45824,225146,284-381,894-345,966
Dividends Paid
Retained Profit-1,021-2,827-2,890-1,818-5,88582,45824,225146,284-381,894-345,966
Employee Costs109,483104,08199,25594,96345,72148,08047,89745,74587,564173,40444,10143,003
Number Of Employees222211112411
EBITDA*-105-100-1,057-2,832-2,897-1,911-6,010101,74930,516185,159-380,737-345,519

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Tangible Assets3582,864694
Intangible Assets270,864270,864270,864270,864270,864270,864270,864270,864272,614223,864
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets270,864270,864270,864270,864270,864270,864270,864270,864272,614224,2222,864694
Stock & work in progress
Trade Debtors1501507,1819,85232,213113,63317,25519,950
Group Debtors
Misc Debtors
Cash2,0072,0072,0073,8075,5848,47416,38033,6497,34942,00838,62521,677
misc current assets888888888888888888
total current assets2,0952,0952,0953,8955,8228,71223,64943,58939,650155,72955,88041,627
total assets272,959272,959272,959274,759276,686279,576294,513314,453312,264379,95158,74442,321
Bank overdraft
Bank loan
Trade Creditors 144,183144,183144,183144,962144,062144,062157,181171,236251,505343,417168,49430,162
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities144,183144,183144,183144,962144,062144,062157,181171,236251,505343,417168,49430,162
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities144,183144,183144,183144,962144,062144,062157,181171,236251,505343,417168,49430,162
net assets128,776128,776128,776129,797132,624135,514137,332143,21760,75936,534-109,75012,159
total shareholders funds128,776128,776128,776129,797132,624135,514137,332143,21760,75936,534-109,75012,159
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013
Operating Activities
Operating Profit-105-100-1,057-2,832-2,897-1,911-6,010101,74930,158182,653-382,045-346,020
Depreciation3582,5061,308501
Amortisation
Tax-19,342-6,056-36,571
Stock
Debtors-150-7,031-2,671-22,361-81,42096,378-2,69519,950
Creditors-779900-13,119-14,055-80,269-91,912174,923138,33230,162
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-105-100-1,836-1,782-2,897-7,999-17,39424,49913,968227,133-239,710-335,307
Investing Activities
capital expenditure1,750-48,750-223,864-3,478-1,195
Change in Investments
cash flow from investments1,750-48,750-223,864-3,478-1,195
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue259,985358,125
interest1051003657931255112320215154
cash flow from financing10510036579312551123202260,136358,179
cash and cash equivalents
cash-1,800-1,777-2,890-7,906-17,26926,300-34,6593,38316,94821,677
overdraft
change in cash-1,800-1,777-2,890-7,906-17,26926,300-34,6593,38316,94821,677

alazen 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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Alazen Ltd Competitor Analysis

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Perform a competitor analysis for alazen ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in GU51 area or any other competitors across 12 key performance metrics.

alazen ltd Ownership

ALAZEN LTD group structure

Alazen Ltd has 1 subsidiary company.

Ultimate parent company

ALAZEN LTD

08081420

1 subsidiary

ALAZEN LTD Shareholders

paul andrew winstanley 20.02%
nicholas douglas fisher 12.72%
mark malitskie 12.72%
keith winstanley 10.97%
roland appel 10.84%
jason fisher 6.3%
philip pepper 4.75%
nigel fisher 4.21%
mufada kamal 3.42%
peter hudson 3.21%

alazen ltd directors

Alazen Ltd currently has 3 directors. The longest serving directors include Mr Paul Winstanley (May 2012) and Mr Keith Winstanley (Feb 2013).

officercountryagestartendrole
Mr Paul WinstanleyUnited Kingdom59 years May 2012- Director
Mr Keith WinstanleyEngland63 years Feb 2013- Director
Mr Mufada KamalEngland65 years Sep 2013- Director

P&L

June 2024

turnover

211.4k

+13%

operating profit

-105.4

0%

gross margin

34.8%

+3.11%

turnover

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

Balance Sheet

June 2024

net assets

128.8k

0%

total assets

273k

0%

cash

2k

0%

net assets

Total assets minus all liabilities

alazen ltd company details

company number

08081420

Type

Private limited with Share Capital

industry

80200 - Security systems service activities

62012 - Business and domestic software development

incorporation date

May 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

June 2024

previous names

N/A

accountant

COOPERS & CO LTD

auditor

-

address

1 southby drive, fleet, GU51 3BE

Bank

-

Legal Advisor

-

alazen 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 alazen ltd.

alazen 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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alazen ltd Companies House Filings - See Documents

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