af&o limited
af&o limited Company Information
Company Number
08987054
Next Accounts
Jan 2025
Industry
Other food service activities
Shareholders
adenrele michael adewole
kehinde olayiwola folami
Group Structure
View All
Contact
Registered Address
210 london road, southend-on-sea, essex, SS1 1PJ
Website
www.afofoods.co.ukaf&o limited Estimated Valuation
Pomanda estimates the enterprise value of AF&O LIMITED at £232.7k based on a Turnover of £566.5k and 0.41x industry multiple (adjusted for size and gross margin).
af&o limited Estimated Valuation
Pomanda estimates the enterprise value of AF&O LIMITED at £38.2k based on an EBITDA of £10.2k and a 3.73x industry multiple (adjusted for size and gross margin).
af&o limited Estimated Valuation
Pomanda estimates the enterprise value of AF&O LIMITED at £0 based on Net Assets of £-41k and 2.84x industry multiple (adjusted for liquidity).
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Af&o Limited Overview
Af&o Limited is a live company located in essex, SS1 1PJ with a Companies House number of 08987054. It operates in the other food services sector, SIC Code 56290. Founded in April 2014, it's largest shareholder is adenrele michael adewole with a 50% stake. Af&o Limited is a established, small sized company, Pomanda has estimated its turnover at £566.5k with high growth in recent years.
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Af&o Limited Health Check
Pomanda's financial health check has awarded Af&O Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £566.5k, make it smaller than the average company (£1.5m)
- Af&o Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (6.2%)
- Af&o Limited
6.2% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (27.6%)
- Af&o Limited
27.6% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (3.1%)
- Af&o Limited
3.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (16)
- Af&o Limited
16 - Industry AVG
Pay Structure
on an average salary of £21.5k, the company has an equivalent pay structure (£21.5k)
- Af&o Limited
£21.5k - Industry AVG
Efficiency
resulting in sales per employee of £141.6k, this is more efficient (£66k)
- Af&o Limited
£66k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (31 days)
- Af&o Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 94 days, this is slower than average (35 days)
- Af&o Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Af&o Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Af&o Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 149.2%, this is a higher level of debt than the average (69.6%)
149.2% - Af&o Limited
69.6% - Industry AVG
AF&O LIMITED financials
Af&O Limited's latest turnover from April 2023 is estimated at £566.5 thousand and the company has net assets of -£41 thousand. According to their latest financial statements, we estimate that Af&O Limited has 4 employees and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,965 | 3,616 | 4,410 | 4,928 | 5,037 | 6,143 | 6,742 | 7,646 | 9,325 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,965 | 3,616 | 4,410 | 4,928 | 5,037 | 6,143 | 6,742 | 7,646 | 9,325 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,992 |
| Trade Debtors | 80,382 | 16,376 | 24,568 | 40,458 | 29,847 | 38,834 | 16,415 | 11,541 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,326 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,382 | 16,376 | 24,568 | 40,458 | 29,847 | 38,834 | 16,415 | 11,541 | 5,318 |
| total assets | 83,347 | 19,992 | 28,978 | 45,386 | 34,884 | 44,977 | 23,157 | 19,187 | 14,643 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 124,353 | 68,680 | 79,832 | 89,061 | 80,850 | 74,549 | 51,562 | 40,655 | 39,865 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 124,353 | 68,680 | 79,832 | 89,061 | 80,850 | 74,549 | 51,562 | 40,655 | 39,865 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 124,353 | 68,680 | 79,832 | 89,061 | 80,850 | 74,549 | 51,562 | 40,655 | 39,865 |
| net assets | -41,006 | -48,688 | -50,854 | -43,675 | -45,966 | -29,572 | -28,405 | -21,468 | -25,222 |
| total shareholders funds | -41,006 | -48,688 | -50,854 | -43,675 | -45,966 | -29,572 | -28,405 | -21,468 | -25,222 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,331 | ||||||||
| Amortisation | 0 | ||||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,992 | 3,992 |
| Debtors | 64,006 | -8,192 | -15,890 | 10,611 | -8,987 | 22,419 | 4,874 | 11,541 | 0 |
| Creditors | 55,673 | -11,152 | -9,229 | 8,211 | 6,301 | 22,987 | 10,907 | 790 | 39,865 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,326 | 1,326 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,326 | 1,326 |
af&o limited Credit Report and Business Information
Af&o Limited Competitor Analysis
Perform a competitor analysis for af&o limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SS1 area or any other competitors across 12 key performance metrics.
af&o limited Ownership
AF&O LIMITED group structure
Af&O Limited has no subsidiary companies.
Ultimate parent company
AF&O LIMITED
08987054
af&o limited directors
Af&O Limited currently has 2 directors. The longest serving directors include Mr Adenrele Adewole (Apr 2014) and Kehinde Folami (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adenrele Adewole | 50 years | Apr 2014 | - | Director | |
| Kehinde Folami | United Kingdom | 54 years | Apr 2014 | - | Director |
P&L
April 2023turnover
566.5k
+204%
operating profit
10.2k
0%
gross margin
15.3%
+21.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-41k
-0.16%
total assets
83.3k
+3.17%
cash
0
0%
net assets
Total assets minus all liabilities
af&o limited company details
company number
08987054
Type
Private limited with Share Capital
industry
56290 - Other food service activities
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
210 london road, southend-on-sea, essex, SS1 1PJ
Bank
-
Legal Advisor
-
af&o 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&o limited.
af&o 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.
Click to start generating capital raising & share issue transactions for AF&O LIMITED. This can take several minutes, an email will notify you when this has completed.
af&o limited Companies House Filings - See Documents
| date | description | view/download |
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