akv group ltd
akv group ltd Company Information
Company Number
09540612
Next Accounts
Sep 2025
Shareholders
kevin michael everitt
terena everitt
View AllGroup Structure
View All
Industry
Activities of production holding companies
Registered Address
the old forge site, hackworth industrial park, shildon, co. durham, DL4 1HF
Website
www.akvltd.comakv group ltd Estimated Valuation
Pomanda estimates the enterprise value of AKV GROUP LTD at £27.4m based on a Turnover of £18.7m and 1.46x industry multiple (adjusted for size and gross margin).
akv group ltd Estimated Valuation
Pomanda estimates the enterprise value of AKV GROUP LTD at £16.7m based on an EBITDA of £2.8m and a 6x industry multiple (adjusted for size and gross margin).
akv group ltd Estimated Valuation
Pomanda estimates the enterprise value of AKV GROUP LTD at £15.7m based on Net Assets of £10.1m and 1.55x industry multiple (adjusted for liquidity).
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Akv Group Ltd Overview
Akv Group Ltd is a live company located in shildon, DL4 1HF with a Companies House number of 09540612. It operates in the activities of production holding companies sector, SIC Code 64202. Founded in April 2015, it's largest shareholder is kevin michael everitt with a 25.5% stake. Akv Group Ltd is a established, mid sized company, Pomanda has estimated its turnover at £18.7m with healthy growth in recent years.
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Akv Group Ltd Health Check
Pomanda's financial health check has awarded Akv Group Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £18.7m, make it in line with the average company (£19.9m)
£18.7m - Akv Group Ltd
£19.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.7%)
11% - Akv Group Ltd
9.7% - Industry AVG
Production
with a gross margin of 31.3%, this company has a comparable cost of product (32.7%)
31.3% - Akv Group Ltd
32.7% - Industry AVG
Profitability
an operating margin of 11.7% make it more profitable than the average company (6.1%)
11.7% - Akv Group Ltd
6.1% - Industry AVG
Employees
with 70 employees, this is below the industry average (118)
70 - Akv Group Ltd
118 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£41.4k)
£45.6k - Akv Group Ltd
£41.4k - Industry AVG
Efficiency
resulting in sales per employee of £267.8k, this is more efficient (£173.6k)
£267.8k - Akv Group Ltd
£173.6k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (52 days)
66 days - Akv Group Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (48 days)
81 days - Akv Group Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (68 days)
19 days - Akv Group Ltd
68 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 79 weeks, this is more cash available to meet short term requirements (13 weeks)
79 weeks - Akv Group Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.5%, this is a lower level of debt than the average (55.7%)
31.5% - Akv Group Ltd
55.7% - Industry AVG
AKV GROUP LTD financials
Akv Group Ltd's latest turnover from December 2023 is £18.7 million and the company has net assets of £10.1 million. According to their latest financial statements, Akv Group Ltd has 70 employees and maintains cash reserves of £6.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,747,620 | 21,200,252 | 19,416,428 | 13,777,771 | 14,146,257 | 12,543,147 | 12,204,888 | 10,651,676 | 5,101,305 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 12,885,152 | 15,191,473 | 13,850,538 | 10,100,938 | 10,534,529 | 9,606,229 | 9,115,826 | 8,321,981 | 3,857,648 |
| Gross Profit | 5,862,468 | 6,008,779 | 5,565,890 | 3,676,833 | 3,611,728 | 2,936,918 | 3,089,062 | 2,329,695 | 1,243,657 |
| Admin Expenses | 3,674,042 | 3,424,429 | 2,890,417 | 2,803,028 | 2,900,388 | 2,654,530 | -253,254 | 2,027,264 | 1,099,269 |
| Operating Profit | 2,188,426 | 2,584,350 | 2,675,473 | 873,805 | 711,340 | 282,388 | 3,342,316 | 302,431 | 144,388 |
| Interest Payable | 30,721 | 82,149 | 39,840 | 60,633 | 55,879 | 56,752 | 48,742 | 82,015 | 54,316 |
| Interest Receivable | 152,050 | 28,167 | 1,791 | 3,132 | 531 | 527 | 3 | 14 | 7 |
| Pre-Tax Profit | 2,309,755 | 2,530,368 | 2,637,424 | 816,304 | 655,992 | 226,163 | 3,293,577 | 220,430 | 90,079 |
| Tax | -753,399 | -504,448 | -390,006 | -122,025 | -29,977 | -37,058 | -77,373 | 36,664 | -58,480 |
| Profit After Tax | 1,556,356 | 2,025,920 | 2,247,418 | 694,279 | 626,015 | 189,105 | 3,216,204 | 257,094 | 31,599 |
| Dividends Paid | 345,246 | 597,500 | 175,000 | 175,000 | 175,000 | 125,000 | 100,000 | 196,400 | |
| Retained Profit | 1,211,110 | 1,428,420 | 2,072,418 | 519,279 | 451,015 | 64,105 | 3,116,204 | -126,980 | -41,056 |
| Employee Costs | 3,189,035 | 3,000,422 | 2,862,522 | 2,772,763 | 2,523,342 | 2,353,455 | 2,223,538 | 2,050,997 | 1,032,954 |
| Number Of Employees | 70 | 72 | 72 | 74 | 70 | 70 | 66 | 68 | 37 |
| EBITDA* | 2,789,582 | 3,062,323 | 3,274,429 | 1,438,071 | 1,264,950 | 810,592 | 3,841,769 | 839,170 | 456,633 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 823,218 | 846,293 | 1,055,774 | 1,153,648 | 1,200,990 | 881,445 | 792,312 | 2,991,335 | 2,900,642 |
| Intangible Assets | 574,252 | 959,626 | 1,345,000 | 1,730,374 | 2,116,990 | 2,502,897 | 2,889,159 | 3,262,629 | 3,650,254 |
| Investments & Other | 2,300,000 | 2,300,000 | 2,300,000 | 2,300,000 | 2,300,000 | 2,300,000 | 2,300,000 | ||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,697,470 | 4,105,919 | 4,700,774 | 5,184,022 | 5,617,980 | 5,684,342 | 5,981,471 | 6,253,964 | 6,550,896 |
| Stock & work in progress | 674,595 | 828,321 | 1,408,765 | 978,745 | 548,573 | 314,990 | 480,732 | 1,863,950 | 2,209,171 |
| Trade Debtors | 3,395,387 | 4,296,507 | 4,589,830 | 2,763,409 | 3,497,728 | 2,899,406 | 2,878,764 | 2,353,966 | 1,965,250 |
| Group Debtors | |||||||||
| Misc Debtors | 310,150 | 130,138 | 40,915 | 40,337 | 308,267 | 1,362,472 | 1,176,200 | 936,323 | 898,682 |
| Cash | 6,726,879 | 6,789,742 | 4,233,073 | 3,156,419 | 814,246 | 115,088 | 49,688 | 45,369 | 38,814 |
| misc current assets | |||||||||
| total current assets | 11,107,011 | 12,044,708 | 10,272,583 | 6,938,910 | 5,168,814 | 4,691,956 | 4,585,384 | 5,199,608 | 5,111,917 |
| total assets | 14,804,481 | 16,150,627 | 14,973,357 | 12,122,932 | 10,786,794 | 10,376,298 | 10,566,855 | 11,453,572 | 11,662,813 |
| Bank overdraft | |||||||||
| Bank loan | 418,989 | 183,333 | 183,333 | 100,000 | 100,000 | 100,000 | 1,373,867 | 129,680 | |
| Trade Creditors | 2,894,008 | 3,350,912 | 3,594,699 | 3,019,730 | 2,565,706 | 2,250,368 | 2,314,921 | 2,207,533 | 1,712,372 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 59,172 | 184,872 | 342,886 | 176,078 | 200,479 | 227,630 | 104,794 | 91,371 | 70,221 |
| other current liabilities | 1,473,892 | 2,152,949 | 1,748,859 | 1,198,754 | 1,308,011 | 1,502,107 | 1,990,274 | 446,152 | 1,292,250 |
| total current liabilities | 4,427,072 | 6,107,722 | 5,869,777 | 4,577,895 | 4,174,196 | 4,080,105 | 4,509,989 | 4,118,923 | 3,204,523 |
| loans | 875,000 | 1,259,822 | 1,450,075 | 1,126,070 | 1,228,684 | 1,329,624 | 803,945 | 1,933,798 | |
| hp & lease commitments | 27,475 | 344,594 | 363,245 | 421,829 | 155,279 | 193,133 | 153,459 | ||
| Accruals and Deferred Income | 26,019 | 34,407 | 42,795 | 51,183 | 59,571 | ||||
| other liabilities | |||||||||
| provisions | 213,419 | 242,500 | 346,773 | 325,801 | 191,976 | 157,000 | 139,000 | 82,232 | 108,000 |
| total long term liabilities | 240,894 | 1,117,500 | 1,606,595 | 2,120,470 | 1,707,310 | 1,841,920 | 1,666,698 | 1,130,493 | 2,254,828 |
| total liabilities | 4,667,966 | 7,225,222 | 7,476,372 | 6,698,365 | 5,881,506 | 5,922,025 | 6,176,687 | 5,249,416 | 5,459,351 |
| net assets | 10,136,515 | 8,925,405 | 7,496,985 | 5,424,567 | 4,905,288 | 4,454,273 | 4,390,168 | 5,831,964 | 5,958,944 |
| total shareholders funds | 10,136,515 | 8,925,405 | 7,496,985 | 5,424,567 | 4,905,288 | 4,454,273 | 4,390,168 | 5,831,964 | 5,958,944 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,188,426 | 2,584,350 | 2,675,473 | 873,805 | 711,340 | 282,388 | 3,342,316 | 302,431 | 144,388 |
| Depreciation | 215,782 | 92,599 | 213,582 | 178,493 | 167,703 | 141,942 | 118,975 | 149,114 | 86,245 |
| Amortisation | 385,374 | 385,374 | 385,374 | 385,773 | 385,907 | 386,262 | 380,478 | 387,625 | 226,000 |
| Tax | -753,399 | -504,448 | -390,006 | -122,025 | -29,977 | -37,058 | -77,373 | 36,664 | -58,480 |
| Stock | -153,726 | -580,444 | 430,020 | 430,172 | 233,583 | -165,742 | -1,383,218 | -345,221 | 2,209,171 |
| Debtors | -721,108 | -204,100 | 1,826,999 | -1,002,249 | -455,883 | 206,914 | 764,675 | 426,357 | 2,863,932 |
| Creditors | -456,904 | -243,787 | 574,969 | 454,024 | 315,338 | -64,553 | 107,388 | 495,161 | 1,712,372 |
| Accruals and Deferred Income | -679,057 | 404,090 | 550,105 | -135,276 | -202,484 | -496,555 | 1,535,734 | -854,486 | 1,351,821 |
| Deferred Taxes & Provisions | -29,081 | -104,273 | 20,972 | 133,825 | 34,976 | 18,000 | 56,768 | -25,768 | 108,000 |
| Cash flow from operations | 1,745,975 | 3,398,449 | 1,773,450 | 2,340,696 | 1,605,103 | 189,254 | 6,082,829 | 409,605 | -1,502,757 |
| Investing Activities | |||||||||
| capital expenditure | -223,075 | -200,323 | -87,604 | -34,476 | |||||
| Change in Investments | 2,300,000 | ||||||||
| cash flow from investments | -223,075 | -2,500,323 | -87,604 | -34,476 | |||||
| Financing Activities | |||||||||
| Bank loans | -418,989 | 235,656 | 83,333 | -1,273,867 | 1,244,187 | 129,680 | |||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | -875,000 | -384,822 | -190,253 | 324,005 | -102,614 | -100,940 | 525,679 | -1,129,853 | 1,933,798 |
| Hire Purchase and Lease Commitments | -98,225 | -158,014 | -177,786 | -43,052 | -85,735 | 389,386 | -24,431 | 60,824 | 223,680 |
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 121,329 | -53,982 | -38,049 | -57,501 | -55,348 | -56,225 | -48,739 | -82,001 | -54,309 |
| cash flow from financing | -1,270,885 | -361,162 | -406,088 | 306,785 | -243,697 | 232,221 | -5,379,358 | 93,157 | 8,232,849 |
| cash and cash equivalents | |||||||||
| cash | -62,863 | 2,556,669 | 1,076,654 | 2,342,173 | 699,158 | 65,400 | 4,319 | 6,555 | 38,814 |
| overdraft | |||||||||
| change in cash | -62,863 | 2,556,669 | 1,076,654 | 2,342,173 | 699,158 | 65,400 | 4,319 | 6,555 | 38,814 |
akv group ltd Credit Report and Business Information
Akv Group Ltd Competitor Analysis
Perform a competitor analysis for akv group ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in DL4 area or any other competitors across 12 key performance metrics.
akv group ltd Ownership
AKV GROUP LTD group structure
Akv Group Ltd has 2 subsidiary companies.
Ultimate parent company
AKV GROUP LTD
09540612
2 subsidiaries
akv group ltd directors
Akv Group Ltd currently has 3 directors. The longest serving directors include Mr Karl Everitt (Apr 2015) and Mr Kevin Everitt (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Karl Everitt | 40 years | Apr 2015 | - | Director | |
| Mr Kevin Everitt | United Kingdom | 66 years | Apr 2015 | - | Director |
| Mr Lee Hammond | United Kingdom | 46 years | Mar 2017 | - | Director |
P&L
December 2023turnover
18.7m
-12%
operating profit
2.2m
-15%
gross margin
31.3%
+10.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.1m
+0.14%
total assets
14.8m
-0.08%
cash
6.7m
-0.01%
net assets
Total assets minus all liabilities
akv group ltd company details
company number
09540612
Type
Private limited with Share Capital
industry
64202 - Activities of production holding companies
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WALTONS BUSINESS ADVISERS LIMITED
address
the old forge site, hackworth industrial park, shildon, co. durham, DL4 1HF
Bank
-
Legal Advisor
-
akv group 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 found 3 charges/mortgages relating to akv group ltd. Currently there are 0 open charges and 3 have been satisfied in the past.
akv group 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 AKV GROUP LTD. This can take several minutes, an email will notify you when this has completed.
akv group ltd Companies House Filings - See Documents
| date | description | view/download |
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