avg bargains limited
avg bargains limited Company Information
Group Structure
View All
Industry
Wholesale of other intermediate products
Registered Address
11 mermaid house abinger grove, london, SE8 5ST
Website
-avg bargains limited Estimated Valuation
Pomanda estimates the enterprise value of AVG BARGAINS LIMITED at £377.2k based on a Turnover of £1.4m and 0.27x industry multiple (adjusted for size and gross margin).
avg bargains limited Estimated Valuation
Pomanda estimates the enterprise value of AVG BARGAINS LIMITED at £2.8m based on an EBITDA of £1.1m and a 2.61x industry multiple (adjusted for size and gross margin).
avg bargains limited Estimated Valuation
Pomanda estimates the enterprise value of AVG BARGAINS LIMITED at £9.3m based on Net Assets of £4.4m and 2.11x industry multiple (adjusted for liquidity).
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Avg Bargains Limited Overview
Avg Bargains Limited is a dissolved company that was located in london, SE8 5ST with a Companies House number of 09050663. It operated in the wholesale of other intermediate products sector, SIC Code 46760. Founded in May 2014, it's largest shareholder was kiran kumar with a 100% stake. The last turnover for Avg Bargains Limited was estimated at £1.4m.
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Avg Bargains Limited Health Check
Pomanda's financial health check has awarded Avg Bargains Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£14.9m)
- Avg Bargains Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (4.5%)
- Avg Bargains Limited
4.5% - Industry AVG
Production
with a gross margin of 15.7%, this company has a higher cost of product (23.1%)
- Avg Bargains Limited
23.1% - Industry AVG
Profitability
an operating margin of 77.4% make it more profitable than the average company (3.7%)
- Avg Bargains Limited
3.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (29)
- Avg Bargains Limited
29 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
- Avg Bargains Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £465.5k, this is more efficient (£383.3k)
- Avg Bargains Limited
£383.3k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (63 days)
- Avg Bargains Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (38 days)
- Avg Bargains Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 217 days, this is more than average (62 days)
- Avg Bargains Limited
62 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (12 weeks)
58 weeks - Avg Bargains Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.4%, this is a lower level of debt than the average (52.2%)
9.4% - Avg Bargains Limited
52.2% - Industry AVG
AVG BARGAINS LIMITED financials
Avg Bargains Limited's latest turnover from May 2019 is estimated at £1.4 million and the company has net assets of £4.4 million. According to their latest financial statements, we estimate that Avg Bargains Limited has 3 employees and maintains cash reserves of £515.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2019 | May 2018 | May 2017 | May 2016 | May 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,489,708 | 2,689,226 | 2,104,892 | 1,321,451 | 1,166,027 |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 3,489,708 | 2,689,226 | 2,104,892 | 1,321,451 | 1,166,027 |
| Stock & work in progress | 701,274 | 642,123 | 540,162 | 294,009 | 132,819 |
| Trade Debtors | 169,201 | 139,803 | 110,152 | 87,100 | |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | 515,400 | 445,284 | 428,737 | 341,180 | 250,816 |
| misc current assets | |||||
| total current assets | 1,385,875 | 1,227,210 | 1,079,051 | 722,289 | 383,635 |
| total assets | 4,875,583 | 3,916,436 | 3,183,943 | 2,043,740 | 1,549,662 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 459,780 | 379,556 | 315,048 | 125,720 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 459,780 | 379,556 | 315,048 | 125,720 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 459,780 | 379,556 | 315,048 | 125,720 | |
| net assets | 4,415,803 | 3,536,880 | 2,868,895 | 1,918,020 | 1,549,662 |
| total shareholders funds | 4,415,803 | 3,536,880 | 2,868,895 | 1,918,020 | 1,549,662 |
| May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 59,151 | 101,961 | 246,153 | 161,190 | 132,819 |
| Debtors | 29,398 | 29,651 | 23,052 | 87,100 | |
| Creditors | 80,224 | 64,508 | 189,328 | 125,720 | |
| 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 | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 70,116 | 16,547 | 87,557 | 90,364 | 250,816 |
| overdraft | |||||
| change in cash | 70,116 | 16,547 | 87,557 | 90,364 | 250,816 |
avg bargains limited Credit Report and Business Information
Avg Bargains Limited Competitor Analysis
Perform a competitor analysis for avg bargains limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in SE8 area or any other competitors across 12 key performance metrics.
avg bargains limited Ownership
AVG BARGAINS LIMITED group structure
Avg Bargains Limited has no subsidiary companies.
Ultimate parent company
AVG BARGAINS LIMITED
09050663
avg bargains limited directors
Avg Bargains Limited currently has 1 director, Mr Kiran Kumar serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kiran Kumar | England | 46 years | May 2014 | - | Director |
P&L
May 2019turnover
1.4m
+23%
operating profit
1.1m
0%
gross margin
15.8%
-8.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2019net assets
4.4m
+0.25%
total assets
4.9m
+0.24%
cash
515.4k
+0.16%
net assets
Total assets minus all liabilities
avg bargains limited company details
company number
09050663
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2019
previous names
N/A
accountant
-
auditor
-
address
11 mermaid house abinger grove, london, SE8 5ST
Bank
-
Legal Advisor
-
avg bargains 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 avg bargains limited.
avg bargains 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 AVG BARGAINS LIMITED. This can take several minutes, an email will notify you when this has completed.
avg bargains limited Companies House Filings - See Documents
| date | description | view/download |
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