afp reading limited

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afp reading limited Company Information

Share AFP READING LIMITED

Company Number

09307025

Directors

David Taylor

Shareholders

david taylor

sharon taylor

Group Structure

View All

Industry

Activities of mortgage finance companies

 

Registered Address

3 garth square, bracknell, RG42 2HA

Website

-

afp reading limited Estimated Valuation

£192.2k

Pomanda estimates the enterprise value of AFP READING LIMITED at £192.2k based on a Turnover of £242.6k and 0.79x industry multiple (adjusted for size and gross margin).

afp reading limited Estimated Valuation

£8

Pomanda estimates the enterprise value of AFP READING LIMITED at £8 based on an EBITDA of £2 and a 3.35x industry multiple (adjusted for size and gross margin).

afp reading limited Estimated Valuation

£52.6k

Pomanda estimates the enterprise value of AFP READING LIMITED at £52.6k based on Net Assets of £14.6k and 3.6x industry multiple (adjusted for liquidity).

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Afp Reading Limited Overview

Afp Reading Limited is a live company located in bracknell, RG42 2HA with a Companies House number of 09307025. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in November 2014, it's largest shareholder is david taylor with a 75% stake. Afp Reading Limited is a established, micro sized company, Pomanda has estimated its turnover at £242.6k with rapid growth in recent years.

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Afp Reading Limited Health Check

Pomanda's financial health check has awarded Afp Reading Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £242.6k, make it smaller than the average company (£5.2m)

£242.6k - Afp Reading Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (6.6%)

50% - Afp Reading Limited

6.6% - Industry AVG

production

Production

with a gross margin of 6.8%, this company has a higher cost of product (29%)

6.8% - Afp Reading Limited

29% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (15.6%)

0% - Afp Reading Limited

15.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (12)

1 - Afp Reading Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)

£49.4k - Afp Reading Limited

£49.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £242.6k, this is more efficient (£180k)

£242.6k - Afp Reading Limited

£180k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 118 days, this is later than average (19 days)

118 days - Afp Reading Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 103 days, this is slower than average (10 days)

103 days - Afp Reading Limited

10 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Afp Reading Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Afp Reading Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 81.5%, this is a lower level of debt than the average (92.3%)

81.5% - Afp Reading Limited

92.3% - Industry AVG

AFP READING LIMITED financials

EXPORTms excel logo

Afp Reading Limited's latest turnover from October 2023 is estimated at £242.6 thousand and the company has net assets of £14.6 thousand. According to their latest financial statements, we estimate that Afp Reading Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Turnover242,59677,06951,01271,72580,15461,21419,0156,66810,303
Other Income Or Grants
Cost Of Sales225,99467,03940,59360,45960,13045,20810,2603,2965,843
Gross Profit16,60210,03010,41911,26620,02416,0068,7553,3724,460
Admin Expenses16,59921,81425,87118,33735,56422,01651,3071,176-133,722
Operating Profit3-11,784-15,452-7,071-15,540-6,010-42,5522,196138,182
Interest Payable
Interest Receivable154332356
Pre-Tax Profit3-11,784-15,452-7,071-15,540-6,010-42,3982,528138,538
Tax-1-505-27,707
Profit After Tax2-11,784-15,452-7,071-15,540-6,010-42,3982,022110,830
Dividends Paid
Retained Profit2-11,784-15,452-7,071-15,540-6,010-42,3982,022110,830
Employee Costs49,41357,20340,42152,12546,05249,85042,43957,72444,219
Number Of Employees111111111
EBITDA*3-11,784-15,452-7,071-15,540-6,010-42,5524,792138,372

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Tangible Assets15,24518,33321,53122,048807759
Intangible Assets21,546
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets15,24518,33321,53122,04822,353759
Stock & work in progress
Trade Debtors78,97878,93778,93778,93778,93778,93780,32737215,837
Group Debtors
Misc Debtors
Cash123,103142,293
misc current assets
total current assets78,97878,93778,93778,93778,93778,93780,327123,475158,130
total assets78,97878,93778,93794,18297,270100,468102,375145,828158,889
Bank overdraft
Bank loan
Trade Creditors 64,37964,34052,54852,34948,36636,02431,92132,87648,059
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities64,37964,34052,54852,34948,36636,02431,92132,87648,059
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities8
provisions
total long term liabilities8
total liabilities64,37964,34052,55652,34948,36636,02431,92132,87648,059
net assets14,59914,59726,38141,83348,90464,44470,454112,952110,830
total shareholders funds14,59914,59726,38141,83348,90464,44470,454112,952110,830
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015
Operating Activities
Operating Profit3-11,784-15,452-7,071-15,540-6,010-42,5522,196138,182
Depreciation202190
Amortisation2,394
Tax-1-505-27,707
Stock
Debtors41-1,39079,955-15,46515,837
Creditors3911,7921993,98312,3424,103-955-15,18348,059
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations8-15,253-3,088-3,198-517-123,4624,569142,887
Investing Activities
capital expenditure15,2453,0883,198517305-24,190-949
Change in Investments
cash flow from investments15,2453,0883,198517305-24,190-949
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-88
share issue-100100
interest154332356
cash flow from financing-8854432356
cash and cash equivalents
cash-123,103-19,190142,293
overdraft
change in cash-123,103-19,190142,293

afp reading limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Afp Reading Limited Competitor Analysis

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Perform a competitor analysis for afp reading limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in RG42 area or any other competitors across 12 key performance metrics.

afp reading limited Ownership

AFP READING LIMITED group structure

Afp Reading Limited has no subsidiary companies.

Ultimate parent company

AFP READING LIMITED

09307025

AFP READING LIMITED Shareholders

david taylor 75%
sharon taylor 25%

afp reading limited directors

Afp Reading Limited currently has 1 director, Mr David Taylor serving since Nov 2017.

officercountryagestartendrole
Mr David Taylor61 years Nov 2017- Director

P&L

October 2023

turnover

242.6k

+215%

operating profit

2.7

0%

gross margin

6.9%

-47.42%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

14.6k

0%

total assets

79k

0%

cash

0

0%

net assets

Total assets minus all liabilities

afp reading limited company details

company number

09307025

Type

Private limited with Share Capital

industry

64922 - Activities of mortgage finance companies

incorporation date

November 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

3 garth square, bracknell, RG42 2HA

Bank

-

Legal Advisor

-

afp reading 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 afp reading limited.

afp reading 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.

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afp reading limited Companies House Filings - See Documents

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