akb residential ltd
akb residential ltd Company Information
Company Number
09006295
Next Accounts
Jan 2025
Industry
Construction of domestic buildings
Development of building projects
Directors
Shareholders
mr nigel john andrew
Group Structure
View All
Contact
Registered Address
40 grosvenor road, norwich, NR2 2PZ
Website
akb-res.comakb residential ltd Estimated Valuation
Pomanda estimates the enterprise value of AKB RESIDENTIAL LTD at £170.6k based on a Turnover of £509.8k and 0.33x industry multiple (adjusted for size and gross margin).
akb residential ltd Estimated Valuation
Pomanda estimates the enterprise value of AKB RESIDENTIAL LTD at £0 based on an EBITDA of £-33.6k and a 2.52x industry multiple (adjusted for size and gross margin).
akb residential ltd Estimated Valuation
Pomanda estimates the enterprise value of AKB RESIDENTIAL LTD at £193.8k based on Net Assets of £142.2k and 1.36x industry multiple (adjusted for liquidity).
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Akb Residential Ltd Overview
Akb Residential Ltd is a live company located in norwich, NR2 2PZ with a Companies House number of 09006295. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2014, it's largest shareholder is mr nigel john andrew with a 100% stake. Akb Residential Ltd is a established, small sized company, Pomanda has estimated its turnover at £509.8k with healthy growth in recent years.
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Akb Residential Ltd Health Check
Pomanda's financial health check has awarded Akb Residential Ltd a 3 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 £509.8k, make it smaller than the average company (£1.3m)
- Akb Residential Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.8%)
- Akb Residential Ltd
4.8% - Industry AVG
Production
with a gross margin of 10.4%, this company has a higher cost of product (23.6%)
- Akb Residential Ltd
23.6% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (7%)
- Akb Residential Ltd
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Akb Residential Ltd
5 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
- Akb Residential Ltd
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £509.8k, this is more efficient (£243.3k)
- Akb Residential Ltd
£243.3k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (28 days)
- Akb Residential Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (30 days)
- Akb Residential Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Akb Residential Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Akb Residential Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.9%, this is a lower level of debt than the average (71.5%)
24.9% - Akb Residential Ltd
71.5% - Industry AVG
AKB RESIDENTIAL LTD financials
Akb Residential Ltd's latest turnover from April 2023 is estimated at £509.8 thousand and the company has net assets of £142.2 thousand. According to their latest financial statements, we estimate that Akb Residential Ltd has 1 employee 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 | 1 | 1 | 1 | 1 | 1 | 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 | 2,753 | 3,220 | 2,756 | 2,045 | 1,993 | 2,299 | 2,532 | 1,048 | 1,348 |
| 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 | 2,753 | 3,220 | 2,756 | 2,045 | 1,993 | 2,299 | 2,532 | 1,048 | 1,348 |
| Stock & work in progress | 0 | 0 | 0 | 2,597,527 | 1,065,536 | 1,522,109 | 657,401 | 528,313 | 488,576 |
| Trade Debtors | 186,256 | 253,144 | 0 | 0 | 490,625 | 675,000 | 0 | 0 | 2,808 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 160 | 0 | 3,434 | 17,938 | 4,490 | 8,509 | 28,609 | 5,112 | 0 |
| Cash | 0 | 0 | 709,839 | 74,626 | 354,987 | 8,935 | 98,202 | 486,167 | 3,630 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 186,416 | 253,144 | 713,273 | 2,690,091 | 1,915,638 | 2,214,553 | 784,212 | 1,019,592 | 495,014 |
| total assets | 189,169 | 256,364 | 716,029 | 2,692,136 | 1,917,631 | 2,216,852 | 786,744 | 1,020,640 | 496,362 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 7,906 | 1,718,156 | 254,373 | 649,906 | 275,362 | 72,363 | 0 |
| Trade Creditors | 22,134 | 22,660 | 112,281 | 99,122 | 32,808 | 83,093 | 38,499 | 21,972 | 504,308 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 199,637 | 742,197 | 1,429,406 | 1,356,213 | 431,765 | 779,640 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 62,290 | 16,630 | 35,064 | 21,892 | 11,672 | 43,660 | 0 |
| total current liabilities | 22,134 | 22,660 | 382,114 | 2,576,105 | 1,751,651 | 2,111,104 | 757,298 | 917,635 | 504,308 |
| loans | 0 | 0 | 42,094 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,435 | 25,518 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 22,435 | 32,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,870 | 57,905 | 42,094 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 47,004 | 80,565 | 424,208 | 2,576,105 | 1,751,651 | 2,111,104 | 757,298 | 917,635 | 504,308 |
| net assets | 142,165 | 175,799 | 291,821 | 116,031 | 165,980 | 105,748 | 29,446 | 103,005 | -7,946 |
| total shareholders funds | 142,165 | 175,799 | 291,821 | 116,031 | 165,980 | 105,748 | 29,446 | 103,005 | -7,946 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,025 | 1,318 | 947 | 1,015 | 874 | 746 | 300 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | -2,597,527 | 1,531,991 | -456,573 | 864,708 | 129,088 | 39,737 | 488,576 |
| Debtors | -66,728 | 249,710 | -14,504 | -477,177 | -188,394 | 654,900 | 23,497 | 2,304 | 2,808 |
| Creditors | -526 | -89,621 | 13,159 | 66,314 | -50,285 | 44,594 | 16,527 | -482,336 | 504,308 |
| Accruals and Deferred Income | -23,083 | -36,772 | 45,660 | -18,434 | 13,172 | 10,220 | -31,988 | 43,660 | 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 | -7,906 | -1,710,250 | 1,463,783 | -395,533 | 374,544 | 202,999 | 72,363 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -199,637 | -542,560 | -687,209 | 73,193 | 924,448 | -347,875 | 779,640 | 0 |
| Long term loans | 0 | -42,094 | 42,094 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -9,952 | 32,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -709,839 | 635,213 | -280,361 | 346,052 | -89,267 | -387,965 | 482,537 | 3,630 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -709,839 | 635,213 | -280,361 | 346,052 | -89,267 | -387,965 | 482,537 | 3,630 |
akb residential ltd Credit Report and Business Information
Akb Residential Ltd Competitor Analysis
Perform a competitor analysis for akb residential ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR2 area or any other competitors across 12 key performance metrics.
akb residential ltd Ownership
AKB RESIDENTIAL LTD group structure
Akb Residential Ltd has no subsidiary companies.
Ultimate parent company
AKB RESIDENTIAL LTD
09006295
akb residential ltd directors
Akb Residential Ltd currently has 1 director, Mr Nigel Andrew serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Andrew | England | 64 years | Apr 2014 | - | Director |
P&L
April 2023turnover
509.8k
-2%
operating profit
-33.6k
0%
gross margin
10.4%
+0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
142.2k
-0.19%
total assets
189.2k
-0.26%
cash
0
0%
net assets
Total assets minus all liabilities
akb residential ltd company details
company number
09006295
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41100 - Development of building projects
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
akb dvelopments ltd (May 2014)
accountant
PACIFIC LIMITED
auditor
-
address
40 grosvenor road, norwich, NR2 2PZ
Bank
-
Legal Advisor
-
akb residential 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 akb residential ltd.
akb residential 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 AKB RESIDENTIAL LTD. This can take several minutes, an email will notify you when this has completed.
akb residential ltd Companies House Filings - See Documents
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