aks stores ltd
aks stores ltd Company Information
Company Number
08612343
Website
www.aksonline.co.ukRegistered Address
demsa accounts 565 green lanes, haringey, london, N8 0RL
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Kemal Taramis11 Years
Shareholders
kemal taramis 100%
aks stores ltd Estimated Valuation
Pomanda estimates the enterprise value of AKS STORES LTD at £103.4k based on a Turnover of £351.4k and 0.29x industry multiple (adjusted for size and gross margin).
aks stores ltd Estimated Valuation
Pomanda estimates the enterprise value of AKS STORES LTD at £0 based on an EBITDA of £-11.7k and a 3.43x industry multiple (adjusted for size and gross margin).
aks stores ltd Estimated Valuation
Pomanda estimates the enterprise value of AKS STORES LTD at £0 based on Net Assets of £-68.9k and 2.75x industry multiple (adjusted for liquidity).
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Aks Stores Ltd Overview
Aks Stores Ltd is a live company located in london, N8 0RL with a Companies House number of 08612343. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in July 2013, it's largest shareholder is kemal taramis with a 100% stake. Aks Stores Ltd is a established, micro sized company, Pomanda has estimated its turnover at £351.4k with declining growth in recent years.
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Aks Stores Ltd Health Check
Pomanda's financial health check has awarded Aks Stores Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £351.4k, make it smaller than the average company (£966.9k)
- Aks Stores Ltd
£966.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.2%)
- Aks Stores Ltd
6.2% - Industry AVG
Production
with a gross margin of 23.2%, this company has a comparable cost of product (23.2%)
- Aks Stores Ltd
23.2% - Industry AVG
Profitability
an operating margin of -3.4% make it less profitable than the average company (2.9%)
- Aks Stores Ltd
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Aks Stores Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15.1k, the company has an equivalent pay structure (£15.1k)
- Aks Stores Ltd
£15.1k - Industry AVG
Efficiency
resulting in sales per employee of £117.1k, this is equally as efficient (£112.1k)
- Aks Stores Ltd
£112.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Aks Stores Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (25 days)
- Aks Stores Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (22 days)
- Aks Stores Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (19 weeks)
2 weeks - Aks Stores Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 244.9%, this is a higher level of debt than the average (69%)
244.9% - Aks Stores Ltd
69% - Industry AVG
AKS STORES LTD financials
Aks Stores Ltd's latest turnover from April 2023 is estimated at £351.4 thousand and the company has net assets of -£68.9 thousand. According to their latest financial statements, Aks Stores Ltd has 3 employees and maintains cash reserves of £4.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 3 | 3 | 3 | 3 | 4 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,292 | 1,616 | 2,019 | 2,523 | 3,155 | 3,943 | 4,860 | 3,869 | 4,836 | 6,046 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1,092 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,292 | 1,616 | 2,019 | 2,523 | 3,155 | 3,943 | 5,952 | 3,869 | 4,836 | 6,046 |
| Stock & work in progress | 41,730 | 40,500 | 36,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 26,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,551 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 334 | 334 | 1,950 | 5,611 | 5,435 | 1,788 | 1,620 | 0 |
| Cash | 4,514 | 8,790 | 7,053 | 2,176 | 6,923 | 16,059 | 2,737 | 2,512 | 4,197 | 4,171 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,431 | 0 | 0 |
| total current assets | 46,244 | 49,290 | 43,387 | 33,510 | 39,873 | 52,670 | 39,172 | 38,731 | 36,817 | 43,722 |
| total assets | 47,536 | 50,906 | 45,406 | 36,033 | 43,028 | 56,613 | 45,124 | 42,600 | 41,653 | 49,768 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,071 | 0 | 0 | 0 | 8,115 | 10,134 | 6,602 | 0 | 1,347 | 58,311 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 950 | 0 | 0 | 66,494 | 0 | 0 |
| other short term finances | 45,752 | 49,087 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 56,595 | 54,067 | 48,822 | 117,953 | 98,951 | 96,881 | 97,727 | 10,168 | 61,075 | 0 |
| total current liabilities | 116,418 | 103,154 | 98,822 | 117,953 | 108,016 | 107,015 | 104,329 | 76,662 | 62,422 | 58,311 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 116,418 | 103,154 | 98,822 | 117,953 | 108,016 | 107,015 | 104,329 | 76,662 | 62,422 | 58,311 |
| net assets | -68,882 | -52,248 | -53,416 | -81,920 | -64,988 | -50,402 | -59,205 | -34,062 | -20,769 | -8,543 |
| total shareholders funds | -68,882 | -52,248 | -53,416 | -81,920 | -64,988 | -50,402 | -59,205 | -34,062 | -20,769 | -8,543 |
| 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 | 324 | 403 | 504 | 632 | 917 | 1,215 | 967 | 1,210 | 587 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 1,230 | 4,500 | 5,000 | 0 | 0 | 0 | 0 | 0 | 5,000 | 26,000 |
| Debtors | 0 | -334 | 0 | -1,616 | -3,661 | 176 | 3,647 | 168 | -11,931 | 13,551 |
| Creditors | 14,071 | 0 | 0 | -8,115 | -2,019 | 3,532 | 6,602 | -1,347 | -56,964 | 58,311 |
| Accruals and Deferred Income | 2,528 | 5,245 | -69,131 | 19,002 | 2,070 | -846 | 87,559 | -50,907 | 61,075 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -1,092 | 1,092 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -950 | 950 | 0 | -66,494 | 66,494 | 0 | 0 |
| Other Short Term Loans | -3,335 | -913 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -4,276 | 1,737 | 4,877 | -4,747 | -9,136 | 13,322 | 225 | -1,685 | 26 | 4,171 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,276 | 1,737 | 4,877 | -4,747 | -9,136 | 13,322 | 225 | -1,685 | 26 | 4,171 |
aks stores ltd Credit Report and Business Information
Aks Stores Ltd Competitor Analysis
Perform a competitor analysis for aks stores ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in N 8 area or any other competitors across 12 key performance metrics.
aks stores ltd Ownership
AKS STORES LTD group structure
Aks Stores Ltd has no subsidiary companies.
Ultimate parent company
AKS STORES LTD
08612343
aks stores ltd directors
Aks Stores Ltd currently has 1 director, Mr Kemal Taramis serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kemal Taramis | England | 38 years | Jul 2013 | - | Director |
P&L
April 2023turnover
351.4k
-18%
operating profit
-12.1k
0%
gross margin
23.2%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-68.9k
+0.32%
total assets
47.5k
-0.07%
cash
4.5k
-0.49%
net assets
Total assets minus all liabilities
aks stores ltd company details
company number
08612343
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
demsa accounts 565 green lanes, haringey, london, N8 0RL
Bank
-
Legal Advisor
-
aks stores 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 aks stores ltd.
aks stores ltd Companies House Filings - See Documents
| date | description | view/download |
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