m.afolabi & co ltd.
m.afolabi & co ltd. Company Information
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
46 roden street, london, N7 6QL
Website
-m.afolabi & co ltd. Estimated Valuation
Pomanda estimates the enterprise value of M.AFOLABI & CO LTD. at £56.8k based on a Turnover of £79k and 0.72x industry multiple (adjusted for size and gross margin).
m.afolabi & co ltd. Estimated Valuation
Pomanda estimates the enterprise value of M.AFOLABI & CO LTD. at £65.3k based on an EBITDA of £14.2k and a 4.62x industry multiple (adjusted for size and gross margin).
m.afolabi & co ltd. Estimated Valuation
Pomanda estimates the enterprise value of M.AFOLABI & CO LTD. at £0 based on Net Assets of £-55.4k and 3.06x industry multiple (adjusted for liquidity).
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M.afolabi & Co Ltd. Overview
M.afolabi & Co Ltd. is a live company located in london, N7 6QL with a Companies House number of 08507114. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2013, it's largest shareholder is michael afolabi with a 100% stake. M.afolabi & Co Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £79k with healthy growth in recent years.
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M.afolabi & Co Ltd. Health Check
Pomanda's financial health check has awarded M.Afolabi & Co Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £79k, make it smaller than the average company (£189.9k)
- M.afolabi & Co Ltd.
£189.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (9%)
- M.afolabi & Co Ltd.
9% - Industry AVG
Production
with a gross margin of 52.3%, this company has a higher cost of product (95%)
- M.afolabi & Co Ltd.
95% - Industry AVG
Profitability
an operating margin of 17.9% make it more profitable than the average company (8.5%)
- M.afolabi & Co Ltd.
8.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - M.afolabi & Co Ltd.
3 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- M.afolabi & Co Ltd.
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £79k, this is equally as efficient (£80.4k)
- M.afolabi & Co Ltd.
£80.4k - Industry AVG
Debtor Days
it gets paid by customers after 189 days, this is later than average (75 days)
- M.afolabi & Co Ltd.
75 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (28 days)
- M.afolabi & Co Ltd.
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- M.afolabi & Co Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M.afolabi & Co Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 174.4%, this is a higher level of debt than the average (52.1%)
174.4% - M.afolabi & Co Ltd.
52.1% - Industry AVG
M.AFOLABI & CO LTD. financials
M.Afolabi & Co Ltd.'s latest turnover from April 2024 is estimated at £79 thousand and the company has net assets of -£55.4 thousand. According to their latest financial statements, M.Afolabi & Co Ltd. has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,514 | 43,261 | 32,128 | 2,216 | 656 | 840 | 722 | 962 | 1,283 | 1,710 | 652 |
| Intangible Assets | 18,075 | 36,150 | 54,225 | ||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 33,514 | 43,261 | 32,128 | 2,216 | 656 | 840 | 722 | 962 | 19,358 | 37,860 | 54,877 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 40,898 | 42,495 | 28,376 | 21,292 | 17,892 | 28,135 | 28,467 | 28,091 | 22,376 | 14,539 | 10,313 |
| Group Debtors | |||||||||||
| Misc Debtors | |||||||||||
| Cash | 1,927 | 6,410 | |||||||||
| misc current assets | |||||||||||
| total current assets | 40,898 | 42,495 | 28,376 | 21,292 | 17,892 | 28,135 | 28,467 | 28,091 | 22,376 | 16,466 | 16,723 |
| total assets | 74,412 | 85,756 | 60,504 | 23,508 | 18,548 | 28,975 | 29,189 | 29,053 | 41,734 | 54,326 | 71,600 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 14,596 | 27,192 | 10,016 | 14,532 | 27,704 | 51,853 | 47,770 | 36,314 | 29,467 | 17,443 | |
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 14,596 | 27,192 | 10,016 | 14,532 | 27,704 | 51,853 | 47,770 | 36,314 | 29,467 | 17,443 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 115,197 | 124,558 | 134,914 | 97,769 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 |
| provisions | |||||||||||
| total long term liabilities | 115,197 | 124,558 | 134,914 | 97,769 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 | 90,269 |
| total liabilities | 129,793 | 151,750 | 144,930 | 112,301 | 117,973 | 142,122 | 138,039 | 126,583 | 119,736 | 107,712 | 90,269 |
| net assets | -55,381 | -65,994 | -84,426 | -88,793 | -99,425 | -113,147 | -108,850 | -97,530 | -78,002 | -53,386 | -18,669 |
| total shareholders funds | -55,381 | -65,994 | -84,426 | -88,793 | -99,425 | -113,147 | -108,850 | -97,530 | -78,002 | -53,386 | -18,669 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 427 | 640 | 321 | ||||||||
| Amortisation | 18,075 | 18,075 | 18,075 | ||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | -1,597 | 14,119 | 7,084 | 3,400 | -10,243 | -332 | 376 | 5,715 | 7,837 | 4,226 | 10,313 |
| Creditors | -12,596 | 17,176 | -4,516 | -13,172 | -24,149 | 4,083 | 11,456 | 6,847 | 12,024 | 17,443 | |
| Accruals and Deferred Income | |||||||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -9,361 | -10,356 | 37,145 | 7,500 | 90,269 | ||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,927 | -4,483 | 6,410 | ||||||||
| overdraft | |||||||||||
| change in cash | -1,927 | -4,483 | 6,410 |
m.afolabi & co ltd. Credit Report and Business Information
M.afolabi & Co Ltd. Competitor Analysis
Perform a competitor analysis for m.afolabi & co ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.
m.afolabi & co ltd. Ownership
M.AFOLABI & CO LTD. group structure
M.Afolabi & Co Ltd. has no subsidiary companies.
Ultimate parent company
M.AFOLABI & CO LTD.
08507114
m.afolabi & co ltd. directors
M.Afolabi & Co Ltd. currently has 1 director, Mr Michael Afolabi serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Afolabi | England | 66 years | Apr 2013 | - | Director |
P&L
April 2024turnover
79k
-18%
operating profit
14.2k
0%
gross margin
52.3%
-0.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-55.4k
-0.16%
total assets
74.4k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
m.afolabi & co ltd. company details
company number
08507114
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
46 roden street, london, N7 6QL
Bank
-
Legal Advisor
-
m.afolabi & co 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 m.afolabi & co ltd..
m.afolabi & co 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 M.AFOLABI & CO LTD.. This can take several minutes, an email will notify you when this has completed.
m.afolabi & co ltd. Companies House Filings - See Documents
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