akaal plastics ltd
akaal plastics ltd Company Information
Company Number
09250870
Next Accounts
1277 days late
Industry
Manufacture of other plastic products
Directors
Shareholders
kuldeep singh kooner
parmjeet kooner
View AllGroup Structure
View All
Contact
Registered Address
highfield court tollgate, chandlers ford, eastleigh, SO53 3TY
Website
-akaal plastics ltd Estimated Valuation
Pomanda estimates the enterprise value of AKAAL PLASTICS LTD at £1.2m based on a Turnover of £3m and 0.38x industry multiple (adjusted for size and gross margin).
akaal plastics ltd Estimated Valuation
Pomanda estimates the enterprise value of AKAAL PLASTICS LTD at £212.7k based on an EBITDA of £74.4k and a 2.86x industry multiple (adjusted for size and gross margin).
akaal plastics ltd Estimated Valuation
Pomanda estimates the enterprise value of AKAAL PLASTICS LTD at £857.6k based on Net Assets of £469.4k and 1.83x industry multiple (adjusted for liquidity).
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Akaal Plastics Ltd Overview
Akaal Plastics Ltd is a live company located in eastleigh, SO53 3TY with a Companies House number of 09250870. It operates in the manufacture of other plastic products sector, SIC Code 22290. Founded in October 2014, it's largest shareholder is kuldeep singh kooner with a 98% stake. Akaal Plastics Ltd is a established, small sized company, Pomanda has estimated its turnover at £3m with rapid growth in recent years.
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Akaal Plastics Ltd Health Check
Pomanda's financial health check has awarded Akaal Plastics Ltd 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 £3m, make it smaller than the average company (£13.6m)
- Akaal Plastics Ltd
£13.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 62%, show it is growing at a faster rate (5.5%)
- Akaal Plastics Ltd
5.5% - Industry AVG
Production
with a gross margin of 20%, this company has a higher cost of product (27.4%)
- Akaal Plastics Ltd
27.4% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5%)
- Akaal Plastics Ltd
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (106)
1 - Akaal Plastics Ltd
106 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- Akaal Plastics Ltd
£32k - Industry AVG
Efficiency
resulting in sales per employee of £3m, this is more efficient (£140.4k)
- Akaal Plastics Ltd
£140.4k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (57 days)
- Akaal Plastics Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 105 days, this is slower than average (47 days)
- Akaal Plastics Ltd
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Akaal Plastics Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Akaal Plastics Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.8%, this is a higher level of debt than the average (46.2%)
59.8% - Akaal Plastics Ltd
46.2% - Industry AVG
AKAAL PLASTICS LTD financials
Akaal Plastics Ltd's latest turnover from October 2019 is estimated at £3 million and the company has net assets of £469.4 thousand. According to their latest financial statements, Akaal Plastics Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 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
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|
| Tangible Assets | 58,398 | 65,527 | 72,656 | 80,677 | 69,098 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 892,646 | 784,243 | 0 | 0 |
| Total Fixed Assets | 58,398 | 958,173 | 856,899 | 80,677 | 69,098 |
| Stock & work in progress | 0 | 596,831 | 493,486 | 121,642 | 0 |
| Trade Debtors | 1,109,065 | 0 | 0 | 161,727 | 2,146 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 12,241 | 10,029 | 10,611 | 7,812 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,109,065 | 609,072 | 503,515 | 293,980 | 9,958 |
| total assets | 1,167,463 | 1,567,245 | 1,360,414 | 374,657 | 79,056 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 698,036 | 0 | 0 | 243,997 | 33,312 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 698,036 | 0 | 0 | 243,997 | 33,312 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 1,157,997 | 1,103,497 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 1,157,997 | 1,103,497 | 0 | 0 |
| total liabilities | 698,036 | 1,157,997 | 1,103,497 | 243,997 | 33,312 |
| net assets | 469,427 | 409,248 | 256,917 | 130,660 | 45,744 |
| total shareholders funds | 469,427 | 409,248 | 256,917 | 130,660 | 45,744 |
| Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 7,129 | 8,421 | 9,423 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | -596,831 | 103,345 | 371,844 | 121,642 | 0 |
| Debtors | 216,419 | 108,403 | 622,516 | 159,581 | 2,146 |
| Creditors | 698,036 | 0 | -243,997 | 210,685 | 33,312 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,157,997 | 54,500 | 1,103,497 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,241 | 2,212 | -582 | 2,799 | 7,812 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,241 | 2,212 | -582 | 2,799 | 7,812 |
akaal plastics ltd Credit Report and Business Information
Akaal Plastics Ltd Competitor Analysis
Perform a competitor analysis for akaal plastics ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SO53 area or any other competitors across 12 key performance metrics.
akaal plastics ltd Ownership
AKAAL PLASTICS LTD group structure
Akaal Plastics Ltd has no subsidiary companies.
Ultimate parent company
AKAAL PLASTICS LTD
09250870
akaal plastics ltd directors
Akaal Plastics Ltd currently has 1 director, Mr Kuldeep Kooner serving since Oct 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kuldeep Kooner | United Kingdom | 60 years | Oct 2014 | - | Director |
P&L
October 2019turnover
3m
+54%
operating profit
74.4k
0%
gross margin
20.1%
-3.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
469.4k
+0.15%
total assets
1.2m
-0.26%
cash
0
-1%
net assets
Total assets minus all liabilities
akaal plastics ltd company details
company number
09250870
Type
Private limited with Share Capital
industry
22290 - Manufacture of other plastic products
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2019
previous names
bksk holdings limited (December 2015)
accountant
-
auditor
-
address
highfield court tollgate, chandlers ford, eastleigh, SO53 3TY
Bank
-
Legal Advisor
-
akaal plastics 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 akaal plastics ltd.
akaal plastics 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.
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akaal plastics ltd Companies House Filings - See Documents
| date | description | view/download |
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