ark retail (midlands) limited
ark retail (midlands) limited Company Information
Company Number
09589138
Website
-Registered Address
10 bronze barrow close, wigston, leicestershire, LE18 3RZ
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
amit natwarlal badiani 50%
mrs indira natwarlal badiani 50%
ark retail (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK RETAIL (MIDLANDS) LIMITED at £150.4k based on a Turnover of £613.4k and 0.25x industry multiple (adjusted for size and gross margin).
ark retail (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK RETAIL (MIDLANDS) LIMITED at £0 based on an EBITDA of £-160 and a 2.8x industry multiple (adjusted for size and gross margin).
ark retail (midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of ARK RETAIL (MIDLANDS) LIMITED at £94 based on Net Assets of £35 and 2.69x industry multiple (adjusted for liquidity).
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Ark Retail (midlands) Limited Overview
Ark Retail (midlands) Limited is a live company located in leicestershire, LE18 3RZ with a Companies House number of 09589138. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in May 2015, it's largest shareholder is amit natwarlal badiani with a 50% stake. Ark Retail (midlands) Limited is a young, small sized company, Pomanda has estimated its turnover at £613.4k with declining growth in recent years.
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Ark Retail (midlands) Limited Health Check
Pomanda's financial health check has awarded Ark Retail (Midlands) Limited 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 £613.4k, make it smaller than the average company (£1.1m)
- Ark Retail (midlands) Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.2%)
- Ark Retail (midlands) Limited
6.2% - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (22.9%)
- Ark Retail (midlands) Limited
22.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.9%)
- Ark Retail (midlands) Limited
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Ark Retail (midlands) Limited
13 - Industry AVG
Pay Structure
on an average salary of £15k, the company has an equivalent pay structure (£15k)
- Ark Retail (midlands) Limited
£15k - Industry AVG
Efficiency
resulting in sales per employee of £306.7k, this is more efficient (£112.4k)
- Ark Retail (midlands) Limited
£112.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
- Ark Retail (midlands) Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (25 days)
- Ark Retail (midlands) Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ark Retail (midlands) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ark Retail (midlands) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (68.4%)
100% - Ark Retail (midlands) Limited
68.4% - Industry AVG
ARK RETAIL (MIDLANDS) LIMITED financials
Ark Retail (Midlands) Limited's latest turnover from May 2023 is estimated at £613.4 thousand and the company has net assets of £35. According to their latest financial statements, Ark Retail (Midlands) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 6 | 6 | 6 | 10 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 192,268 | 201,466 | 211,472 | 222,429 | 229,884 | 241,965 | 256,672 | 271,395 |
| Intangible Assets | 0 | 0 | 0 | 0 | 104,000 | 110,500 | 117,000 | 123,500 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 192,268 | 201,466 | 211,472 | 222,429 | 333,884 | 352,465 | 373,672 | 394,895 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 61,329 | 78,859 | 59,129 | 87,163 |
| Trade Debtors | 1,162 | 824 | 2,113 | 38,709 | 2,194 | 2,351 | 0 | 21,174 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 65 | 63 | 0 | 0 | 17,629 | 9,501 | 14,617 | 0 |
| Cash | 0 | 0 | 0 | 0 | 2,659 | 3,529 | 13,160 | 28,298 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,227 | 887 | 2,113 | 38,709 | 83,811 | 94,240 | 86,906 | 136,635 |
| total assets | 193,495 | 202,353 | 213,585 | 261,138 | 417,695 | 446,705 | 460,578 | 531,530 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 36,269 | 36,269 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 190,721 | 198,932 | 213,557 | 251,935 | 20,193 | 23,198 | 27,637 | 360,688 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 394,941 | 279,484 | 260,544 | 0 |
| total current liabilities | 190,721 | 198,932 | 213,557 | 251,935 | 415,134 | 338,951 | 324,450 | 360,688 |
| loans | 0 | 0 | 0 | 0 | 0 | 104,109 | 135,726 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,739 | 3,226 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 167,750 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,739 | 3,226 | 0 | 0 | 0 | 104,109 | 135,726 | 167,750 |
| total liabilities | 193,460 | 202,158 | 213,557 | 251,935 | 415,134 | 443,060 | 460,176 | 528,438 |
| net assets | 35 | 195 | 28 | 9,203 | 2,561 | 3,645 | 402 | 3,092 |
| total shareholders funds | 35 | 195 | 28 | 9,203 | 2,561 | 3,645 | 402 | 3,092 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 13,390 | 14,707 | 16,223 | 18,270 | ||||
| Amortisation | 6,500 | 6,500 | 6,500 | 6,500 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | -61,329 | -17,530 | 19,730 | -28,034 | 87,163 |
| Debtors | 340 | -1,226 | -36,596 | 18,886 | 7,971 | -2,765 | -6,557 | 21,174 |
| Creditors | -8,211 | -14,625 | -38,378 | 231,742 | -3,005 | -4,439 | -333,051 | 360,688 |
| Accruals and Deferred Income | -487 | 3,226 | 0 | -394,941 | 115,457 | 18,940 | 260,544 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -104,109 | -31,617 | 135,726 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -167,750 | 167,750 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | -2,659 | -870 | -9,631 | -15,138 | 28,298 |
| overdraft | 0 | 0 | 0 | 0 | -36,269 | 0 | 36,269 | 0 |
| change in cash | 0 | 0 | 0 | -2,659 | 35,399 | -9,631 | -51,407 | 28,298 |
ark retail (midlands) limited Credit Report and Business Information
Ark Retail (midlands) Limited Competitor Analysis
Perform a competitor analysis for ark retail (midlands) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LE18 area or any other competitors across 12 key performance metrics.
ark retail (midlands) limited Ownership
ARK RETAIL (MIDLANDS) LIMITED group structure
Ark Retail (Midlands) Limited has no subsidiary companies.
Ultimate parent company
ARK RETAIL (MIDLANDS) LIMITED
09589138
ark retail (midlands) limited directors
Ark Retail (Midlands) Limited currently has 2 directors. The longest serving directors include Mr Natwarlal Badiani (May 2015) and Mr Amit Badiani (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Natwarlal Badiani | United Kingdom | 83 years | May 2015 | - | Director |
| Mr Amit Badiani | England | 51 years | Sep 2015 | - | Director |
P&L
May 2023turnover
613.4k
+2%
operating profit
-160
0%
gross margin
15.9%
-4.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
35
-0.82%
total assets
193.5k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ark retail (midlands) limited company details
company number
09589138
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
May 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
10 bronze barrow close, wigston, leicestershire, LE18 3RZ
accountant
-
auditor
-
ark retail (midlands) 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 found 2 charges/mortgages relating to ark retail (midlands) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
ark retail (midlands) limited Companies House Filings - See Documents
| date | description | view/download |
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