Axhet Limited

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axhet limited Company Information

Live

EstablishedSmallDeclining

Company Number

08114622

Next Accounts

Mar 2025

Industry

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

Directors

Akshay Desai

Hetalben Desai

Shareholders

akshay kumar desai

hetalben desai

Group Structure

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Contact

Registered Address

6th floor amp house, dingwall road, croydon, CR0 2LX

Website

axhet limited Estimated Valuation

£208.8k

Pomanda estimates the enterprise value of AXHET LIMITED at £208.8k based on a Turnover of £843.1k and 0.25x industry multiple (adjusted for size and gross margin).

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Axhet Limited is a live company located in croydon, CR0 2LX with a Companies House number of 08114622. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in June 2012, it's largest shareholder is akshay kumar desai with a 50% stake. Axhet Limited is a established, small sized company, Pomanda has estimated its turnover at £843.1k with declining growth in recent years.

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Pomanda's financial health check has awarded Axhet 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

Health Rating2.5out of 5

2 Strong

2 Regular

6 Weak

Size

annual sales of £843.1k, make it smaller than the average company (£1.1m)

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (6.2%)

EXPORT

Axhet Limited's latest turnover from June 2023 is estimated at £843.1 thousand and the company has net assets of £69.2 thousand. According to their latest financial statements, Axhet Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013
Turnover	843,147	737,266	788,126	1,084,871	1,463,152	1,407,092	1,659,345	873,766	694,297	724,505	685,489
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	709,825	615,684	672,316	904,392	1,233,175	1,189,001	1,378,588	731,675	581,224	609,930	575,634
Gross Profit	133,322	121,582	115,810	180,478	229,977	218,091	280,757	142,091	113,073	114,574	109,854
Admin Expenses	118,873	104,666	95,162	162,303	225,878	216,190	292,295	136,446	105,225	109,638	103,191
Operating Profit	14,449	16,916	20,648	18,175	4,099	1,901	-11,538	5,645	7,848	4,936	6,663
Interest Payable	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	5	20	18	8	0
Pre-Tax Profit	14,449	16,916	20,648	18,175	4,099	1,901	-11,533	5,665	7,866	4,944	6,664
Tax	-3,612	-3,214	-3,923	-3,453	-779	-361	0	-1,133	-1,573	-1,038	-1,533
Profit After Tax	10,837	13,702	16,725	14,722	3,320	1,540	-11,533	4,532	6,293	3,906	5,131
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	10,837	13,702	16,725	14,722	3,320	1,540	-11,533	4,532	6,293	3,906	5,131
Employee Costs	45,533	44,917	43,044	41,989	125,296	112,115	143,071	79,158	64,958	65,479	62,567
Number Of Employees	3	3	3	3	9	8	11	6	5	5	5
EBITDA*	14,449	16,916	20,648	18,175	4,099	1,901	-11,538	5,645	7,848	4,936	6,663

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	125,300	110,200	95,000	87,500
Trade Debtors	217,538	200,051	216,980	237,114	159,420	155,735	142,165	11,062	11,140	12,515	12,616
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	5,750	5,750	6,362	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	3,826	4,022	3,092	116
misc current assets	0	0	0	0	6,362	4,375	4,375	0	0	0	0
total current assets	217,538	205,801	222,730	243,476	165,782	160,110	146,540	140,188	125,362	110,607	100,232
total assets	217,538	205,801	222,730	243,476	165,782	160,110	146,540	140,188	125,362	110,607	100,232
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	109,617	103,198	128,359	165,365	152,093	149,741	137,711	119,326	109,032	100,570	94,101
Group/Directors Accounts	0	0	0	0	0	0	0	0	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	109,617	103,198	128,359	165,365	152,093	149,741	137,711	119,326	109,032	100,570	94,101
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	245	210	200	200	500	500	500	0	0	0	0
other liabilities	38,501	44,055	49,535	50,000	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	38,746	44,265	49,735	50,200	500	500	500	0	0	0	0
total liabilities	148,363	147,463	178,094	215,565	152,593	150,241	138,211	119,326	109,032	100,570	94,101
net assets	69,175	58,338	44,636	27,911	13,189	9,869	8,329	20,862	16,330	10,037	6,131
total shareholders funds	69,175	58,338	44,636	27,911	13,189	9,869	8,329	20,862	16,330	10,037	6,131

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013
Operating Activities
Operating Profit	14,449	16,916	20,648	18,175	4,099	1,901	-11,538	5,645	7,848	4,936	6,663
Depreciation	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,612	-3,214	-3,923	-3,453	-779	-361	0	-1,133	-1,573	-1,038	-1,533
Stock	0	0	0	0	0	0	-125,300	15,100	15,200	7,500	87,500
Debtors	11,737	-16,929	-20,746	84,056	3,685	13,570	131,103	-78	-1,375	-101	12,616
Creditors	6,419	-25,161	-37,006	13,272	2,352	12,030	18,385	10,294	8,462	6,469	94,101
Accruals and Deferred Income	35	10	0	-300	0	0	500	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	5,554	5,480	465	-56,362	1,987	0	1,544	-216	912	2,968	-885
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	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	-5,554	-5,480	-465	50,000	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-1,000	0	0	0	1,000
interest	0	0	0	0	0	0	5	20	18	8	0
cash flow from financing	-5,554	-5,480	-465	50,000	0	0	-995	20	18	8	1,000
cash and cash equivalents
cash	0	0	0	0	0	0	-3,826	-196	930	2,976	116
overdraft	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-3,826	-196	930	2,976	116

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for axhet limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in CR0 area or any other competitors across 12 key performance metrics.

AXHET LIMITED group structure

Axhet Limited has no subsidiary companies.

Ultimate parent company

AXHET LIMITED

08114622

AXHET LIMITED Shareholders

akshay kumar desai	50%
hetalben desai	50%

Axhet Limited currently has 2 directors. The longest serving directors include Akshay Desai (Jun 2012) and Mrs Hetalben Desai (Jun 2012).

officer	country	age	start	end	role
Akshay Desai	United Kingdom	51 years	Jun 2012	-	Director
Mrs Hetalben Desai	England	46 years	Jun 2012	-	Director

P&L

June 2023

turnover

843.1k

+14%

operating profit

14.4k

gross margin

15.9%

-4.11%

turnover

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

Balance Sheet

June 2023

net assets

69.2k

+0.19%

total assets

217.5k

+0.06%

cash

net assets

Total assets minus all liabilities

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company number

08114622

Type

Private limited with Share Capital

industry

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

incorporation date

June 2012

ultimate parent company

None

previous names

N/A

address

6th floor amp house, dingwall road, croydon, CR0 2LX

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 1 charges/mortgages relating to axhet limited. Currently there are 1 open charges and 0 have been satisfied in the past.

axhet limited Company Information

axhet limited Estimated Valuation

axhet limited Estimated Valuation

axhet limited Estimated Valuation

Axhet Limited Overview

Axhet Limited Health Check

AXHET LIMITED financials

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