avask global compliance ltd
avask global compliance ltd Company Information
Company Number
08334523
Website
www.avaskrichmond.co.ukRegistered Address
5 kew road, parkshot house, richmond, surrey, TW9 2PR
Industry
Accounting, and auditing activities
Telephone
02080900970
Next Accounts Due
9 days late
Group Structure
View All
Shareholders
angelos katsaris 35%
vuyisile melanie katsaris 35%
View Allavask global compliance ltd Estimated Valuation
Pomanda estimates the enterprise value of AVASK GLOBAL COMPLIANCE LTD at £27.2m based on a Turnover of £20.2m and 1.34x industry multiple (adjusted for size and gross margin).
avask global compliance ltd Estimated Valuation
Pomanda estimates the enterprise value of AVASK GLOBAL COMPLIANCE LTD at £35.5m based on an EBITDA of £4.7m and a 7.56x industry multiple (adjusted for size and gross margin).
avask global compliance ltd Estimated Valuation
Pomanda estimates the enterprise value of AVASK GLOBAL COMPLIANCE LTD at £20.5m based on Net Assets of £6.6m and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Avask Global Compliance Ltd Overview
Avask Global Compliance Ltd is a live company located in richmond, TW9 2PR with a Companies House number of 08334523. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2012, it's largest shareholder is angelos katsaris with a 35% stake. Avask Global Compliance Ltd is a established, large sized company, Pomanda has estimated its turnover at £20.2m with rapid growth in recent years.
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Avask Global Compliance Ltd Health Check
Pomanda's financial health check has awarded Avask Global Compliance Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
1 Weak
Size
annual sales of £20.2m, make it larger than the average company (£163.1k)
£20.2m - Avask Global Compliance Ltd
£163.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 85%, show it is growing at a faster rate (5%)
- Avask Global Compliance Ltd
5% - Industry AVG
Production
with a gross margin of 69.9%, this company has a comparable cost of product (66.9%)
69.9% - Avask Global Compliance Ltd
66.9% - Industry AVG
Profitability
an operating margin of 22.1% make it more profitable than the average company (13.7%)
22.1% - Avask Global Compliance Ltd
13.7% - Industry AVG
Employees
with 222 employees, this is above the industry average (3)
222 - Avask Global Compliance Ltd
3 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has a higher pay structure (£23.8k)
£37.3k - Avask Global Compliance Ltd
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £91.1k, this is more efficient (£69.4k)
£91.1k - Avask Global Compliance Ltd
£69.4k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is earlier than average (97 days)
63 days - Avask Global Compliance Ltd
97 days - Industry AVG
Creditor Days
its suppliers are paid after 178 days, this is slower than average (26 days)
178 days - Avask Global Compliance Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Avask Global Compliance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (21 weeks)
35 weeks - Avask Global Compliance Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.1%, this is a similar level of debt than the average (61.3%)
65.1% - Avask Global Compliance Ltd
61.3% - Industry AVG
AVASK GLOBAL COMPLIANCE LTD financials
Avask Global Compliance Ltd's latest turnover from December 2022 is £20.2 million and the company has net assets of £6.6 million. According to their latest financial statements, Avask Global Compliance Ltd has 222 employees and maintains cash reserves of £9.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,223,398 | 14,626,299 | 20,280,372 | 11,679,091 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 6,097,451 | 6,768,014 | 11,042,704 | 6,295,669 | ||||||
| Gross Profit | 14,125,947 | 7,858,285 | 9,237,668 | 5,383,422 | ||||||
| Admin Expenses | 9,659,789 | 5,731,447 | 6,670,092 | 2,408,290 | ||||||
| Operating Profit | 4,466,158 | 2,126,838 | 2,567,576 | 2,975,132 | ||||||
| Interest Payable | 22,015 | 31,872 | 35,579 | 61,621 | ||||||
| Interest Receivable | 454,085 | 71,042 | 0 | 0 | ||||||
| Pre-Tax Profit | 5,240,199 | 2,166,008 | 2,703,177 | 3,053,095 | ||||||
| Tax | -1,195,479 | -132,944 | -466,219 | -309,963 | ||||||
| Profit After Tax | 4,044,720 | 2,033,064 | 2,236,958 | 2,743,132 | ||||||
| Dividends Paid | 2,338,400 | 529,600 | 387,243 | 626,270 | ||||||
| Retained Profit | 1,633,460 | 1,395,834 | 1,605,641 | 1,948,428 | ||||||
| Employee Costs | 8,271,411 | 4,429,282 | 3,651,738 | 2,570,006 | ||||||
| Number Of Employees | 222 | 166 | 121 | 91 | 33 | 25 | 16 | 12 | ||
| EBITDA* | 4,691,058 | 2,247,139 | 2,732,584 | 3,054,763 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 539,758 | 463,259 | 416,081 | 452,714 | 104,126 | 69,140 | 20,186 | 10,052 | 12,465 | 6,151 |
| Intangible Assets | 1,729,213 | 1,167,669 | 837,580 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 568,864 | 4,123,537 | 3,697,505 | 2,016,383 | 1,191,375 | 555,000 | 5,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 231,913 | 210,979 | 210,979 | 0 | 18,600 | 23,400 | 0 | 0 | 2,705 | 0 |
| Total Fixed Assets | 3,069,748 | 5,965,444 | 5,162,145 | 2,469,097 | 1,314,101 | 647,540 | 25,186 | 10,052 | 15,170 | 6,151 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,510,203 | 2,600,495 | 1,724,477 | 5,192,967 | 907,482 | 117,608 | 123,349 | 16,282 | 0 | 0 |
| Group Debtors | 372,093 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,990,176 | 2,721,600 | 2,732,753 | 4,227,170 | 25,031 | 37,645 | 0 | 0 | 0 | 0 |
| Cash | 9,080,931 | 10,929,519 | 9,590,562 | 5,505,012 | 1,173,477 | 559,766 | 195,166 | 51,069 | 37,528 | 8,988 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 17,953,403 | 16,251,614 | 14,047,792 | 14,925,149 | 2,105,990 | 715,019 | 318,515 | 67,351 | 37,528 | 8,988 |
| total assets | 21,023,151 | 22,217,058 | 19,209,937 | 17,394,246 | 3,420,091 | 1,362,559 | 343,701 | 77,403 | 52,698 | 15,139 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 48,528 | 56,870 | 72,743 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,990,206 | 1,508,298 | 638,755 | 465,338 | 2,315,053 | 388,207 | 132,166 | 45,327 | 19,962 | 1,863 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 105,903 | 132,182 | 132,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,078,306 | 14,187,857 | 13,387,916 | 13,891,199 | 333,944 | 196,581 | 0 | 0 | 0 | 0 |
| total current liabilities | 13,174,415 | 15,876,865 | 14,215,723 | 14,429,280 | 2,648,997 | 584,788 | 132,166 | 45,327 | 19,962 | 1,863 |
| loans | 0 | 751,923 | 877,521 | 711,754 | 40,009 | 72,009 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 34,184 | 52,068 | 66,049 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 256,131 | 0 | 0 | 0 | 0 | 0 | 72,009 | 21,584 | 21,584 | 12,900 |
| provisions | 246,630 | 52,656 | 72,570 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 502,761 | 804,579 | 950,091 | 745,938 | 92,077 | 138,058 | 72,009 | 21,584 | 21,584 | 12,900 |
| total liabilities | 13,677,176 | 16,681,444 | 15,165,814 | 15,175,218 | 2,741,074 | 722,846 | 204,175 | 66,911 | 41,546 | 14,763 |
| net assets | 6,610,723 | 4,918,185 | 3,520,455 | 2,219,028 | 679,017 | 639,713 | 139,526 | 10,492 | 11,152 | 376 |
| total shareholders funds | 6,610,723 | 4,918,185 | 3,520,455 | 2,219,028 | 679,017 | 639,713 | 139,526 | 10,492 | 11,152 | 376 |
| Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 4,466,158 | 2,126,838 | 2,567,576 | 2,975,132 | ||||||
| Depreciation | 119,643 | 87,514 | 128,286 | 79,631 | 24,894 | 18,359 | 5,116 | 4,668 | 3,241 | 1,537 |
| Amortisation | 105,257 | 32,787 | 36,722 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,195,479 | -132,944 | -466,219 | -309,963 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,571,311 | -3,887,063 | -4,751,928 | 8,469,024 | 772,460 | 55,304 | 107,067 | 13,577 | 2,705 | 0 |
| Creditors | 1,481,908 | 1,042,960 | 173,417 | -1,849,715 | 1,926,846 | 256,041 | 86,839 | 25,365 | 18,099 | 1,863 |
| Accruals and Deferred Income | -4,109,551 | 296,658 | -503,283 | 13,557,255 | 137,363 | 196,581 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 193,974 | 52,656 | 72,570 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -2,509,401 | 7,393,532 | 6,760,997 | 5,983,316 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||
| Change in Investments | -3,554,673 | 2,107,154 | 1,681,122 | 825,008 | 636,375 | 550,000 | 5,000 | 0 | 0 | 0 |
| cash flow from investments | 3,554,673 | -2,107,154 | -1,681,122 | -825,008 | ||||||
| Financing Activities | ||||||||||
| Bank loans | -48,528 | -24,215 | -15,873 | 72,743 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -26,279 | 132,182 | 132,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -751,923 | 40,169 | 165,767 | 671,745 | -32,000 | 72,009 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -34,184 | -34,184 | -17,884 | -13,981 | 66,049 | 0 | 0 | 0 | 0 |
| other long term liabilities | 256,131 | 0 | 0 | 0 | 0 | -72,009 | 50,425 | 0 | 8,684 | 12,900 |
| share issue | ||||||||||
| interest | 432,070 | 39,170 | -35,579 | -61,621 | ||||||
| cash flow from financing | -79,451 | 1,456,445 | -91,901 | 256,566 | ||||||
| cash and cash equivalents | ||||||||||
| cash | -1,848,588 | 5,424,507 | 4,085,550 | 4,331,535 | 613,711 | 364,600 | 144,097 | 13,541 | 28,540 | 8,988 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,848,588 | 5,424,507 | 4,085,550 | 4,331,535 | 613,711 | 364,600 | 144,097 | 13,541 | 28,540 | 8,988 |
avask global compliance ltd Credit Report and Business Information
Avask Global Compliance Ltd Competitor Analysis
Perform a competitor analysis for avask global compliance ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in TW9 area or any other competitors across 12 key performance metrics.
avask global compliance ltd Ownership
AVASK GLOBAL COMPLIANCE LTD group structure
Avask Global Compliance Ltd has 3 subsidiary companies.
Ultimate parent company
AVASK GLOBAL COMPLIANCE LTD
08334523
3 subsidiaries
avask global compliance ltd directors
Avask Global Compliance Ltd currently has 2 directors. The longest serving directors include Ms Vuyisile Katsaris (Dec 2012) and Dr Angelos Katsaris (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Vuyisile Katsaris | United Kingdom | 47 years | Dec 2012 | - | Director |
| Dr Angelos Katsaris | England | 40 years | Apr 2014 | - | Director |
P&L
December 2022turnover
20.2m
+38%
operating profit
4.5m
+110%
gross margin
69.9%
+30.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.6m
+0.34%
total assets
21m
-0.05%
cash
9.1m
-0.17%
net assets
Total assets minus all liabilities
avask global compliance ltd company details
company number
08334523
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
December 2012
age
12
incorporated
UK
accounts
Group
ultimate parent company
previous names
avask accounting & business consultants ltd. (September 2024)
avask accounting & recruitment services ltd (January 2013)
last accounts submitted
December 2022
address
5 kew road, parkshot house, richmond, surrey, TW9 2PR
accountant
-
auditor
RSM UK AUDIT LLP
avask global compliance 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 avask global compliance ltd.
avask global compliance ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
