af rentals limited
af rentals limited Company Information
Company Number
08366059
Next Accounts
Jan 2025
Industry
Renting and leasing of cars and light motor vehicles
Directors
Shareholders
anthony edward frost
Group Structure
View All
Contact
Registered Address
238 conway road, mochdre, colwyn bay, LL28 5AA
Website
-af rentals limited Estimated Valuation
Pomanda estimates the enterprise value of AF RENTALS LIMITED at £2.9m based on a Turnover of £2.6m and 1.11x industry multiple (adjusted for size and gross margin).
af rentals limited Estimated Valuation
Pomanda estimates the enterprise value of AF RENTALS LIMITED at £885.2k based on an EBITDA of £232.9k and a 3.8x industry multiple (adjusted for size and gross margin).
af rentals limited Estimated Valuation
Pomanda estimates the enterprise value of AF RENTALS LIMITED at £228.6k based on Net Assets of £92.7k and 2.47x industry multiple (adjusted for liquidity).
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Af Rentals Limited Overview
Af Rentals Limited is a dissolved company that was located in colwyn bay, LL28 5AA with a Companies House number of 08366059. It operated in the renting and leasing of cars and light motor vehicles sector, SIC Code 77110. Founded in January 2013, it's largest shareholder was anthony edward frost with a 100% stake. The last turnover for Af Rentals Limited was estimated at £2.6m.
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Af Rentals Limited Health Check
Pomanda's financial health check has awarded Af Rentals Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£6.9m)
- Af Rentals Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 116%, show it is growing at a faster rate (6.7%)
- Af Rentals Limited
6.7% - Industry AVG
Production
with a gross margin of 52%, this company has a lower cost of product (28.3%)
- Af Rentals Limited
28.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (9.9%)
- Af Rentals Limited
9.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (52)
- Af Rentals Limited
52 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has a lower pay structure (£32.8k)
- Af Rentals Limited
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £516k, this is more efficient (£234.7k)
- Af Rentals Limited
£234.7k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (38 days)
- Af Rentals Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 201 days, this is slower than average (36 days)
- Af Rentals Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Af Rentals Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (4 weeks)
0 weeks - Af Rentals Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.7%, this is a higher level of debt than the average (77.7%)
92.7% - Af Rentals Limited
77.7% - Industry AVG
AF RENTALS LIMITED financials
Af Rentals Limited's latest turnover from March 2018 is estimated at £2.6 million and the company has net assets of £92.7 thousand. According to their latest financial statements, we estimate that Af Rentals Limited has 5 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | 1,341,757 | 1,208,005 | |||
| Admin Expenses | 1,330,072 | 1,203,801 | |||
| Operating Profit | 11,685 | 4,204 | |||
| Interest Payable | 0 | 0 | |||
| Interest Receivable | 0 | 0 | |||
| Pre-Tax Profit | 11,685 | 4,204 | |||
| Tax | 0 | 0 | |||
| Profit After Tax | 11,685 | 4,204 | |||
| Dividends Paid | 0 | 0 | |||
| Retained Profit | 11,685 | 4,204 | |||
| Employee Costs | 87,482 | 82,017 | |||
| Number Of Employees | 4 | ||||
| EBITDA* | 232,888 | 122,813 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,073,238 | 796,609 | 273,627 | 51,823 | 42,492 |
| Intangible Assets | 10,833 | 12,833 | 14,833 | 16,833 | 18,833 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,084,071 | 809,442 | 288,460 | 68,656 | 61,325 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 187,121 | 135,592 | 115,161 | 59,609 | 45,787 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 35,056 | 0 | 0 |
| Cash | 2,666 | 37,712 | 561 | 3,275 | 8,953 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 189,787 | 173,304 | 150,778 | 62,884 | 54,740 |
| total assets | 1,273,858 | 982,746 | 439,238 | 131,540 | 116,065 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,181,175 | 901,748 | 158,697 | 71,622 | 62,096 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,181,175 | 901,748 | 158,697 | 71,622 | 62,096 |
| loans | 0 | 0 | 26,320 | 38,984 | 44,847 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 232,759 | 27,072 | 31,358 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 259,079 | 66,056 | 76,205 |
| total liabilities | 1,181,175 | 901,748 | 417,776 | 137,678 | 138,301 |
| net assets | 92,683 | 80,998 | 21,462 | -6,138 | -22,236 |
| total shareholders funds | 92,683 | 80,998 | 21,462 | -6,138 | -22,236 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 11,685 | 4,204 | |||
| Depreciation | 219,203 | 116,609 | 91,209 | 16,230 | 7,255 |
| Amortisation | 2,000 | 2,000 | 2,000 | 2,000 | 1,167 |
| Tax | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 51,529 | -14,625 | 90,608 | 13,822 | 45,787 |
| Creditors | 279,427 | 743,051 | 87,075 | 9,526 | 62,096 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 460,786 | 880,489 | |||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -26,320 | -12,664 | -5,863 | 44,847 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -232,759 | 205,687 | -4,286 | 31,358 |
| share issue | |||||
| interest | 0 | 0 | |||
| cash flow from financing | 0 | -203,747 | |||
| cash and cash equivalents | |||||
| cash | -35,046 | 37,151 | -2,714 | -5,678 | 8,953 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -35,046 | 37,151 | -2,714 | -5,678 | 8,953 |
af rentals limited Credit Report and Business Information
Af Rentals Limited Competitor Analysis
Perform a competitor analysis for af rentals limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in LL28 area or any other competitors across 12 key performance metrics.
af rentals limited Ownership
AF RENTALS LIMITED group structure
Af Rentals Limited has no subsidiary companies.
Ultimate parent company
AF RENTALS LIMITED
08366059
af rentals limited directors
Af Rentals Limited currently has 1 director, Mr Anthony Frost serving since Jan 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Frost | Wales | 42 years | Jan 2013 | - | Director |
P&L
March 2018turnover
2.6m
+61%
operating profit
11.7k
+178%
gross margin
52.1%
-30.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
92.7k
+0.14%
total assets
1.3m
+0.3%
cash
2.7k
-0.93%
net assets
Total assets minus all liabilities
af rentals limited company details
company number
08366059
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
238 conway road, mochdre, colwyn bay, LL28 5AA
Bank
-
Legal Advisor
-
af rentals limited 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 af rentals limited.
af rentals limited 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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af rentals limited Companies House Filings - See Documents
| date | description | view/download |
|---|
