aa textiles ltd
aa textiles ltd Company Information
Company Number
09876985
Website
-Registered Address
1 kenwood road, stockport, SK5 6PH
Industry
Wholesale of textiles
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Irfan Rahim1 Years
Shareholders
irfan shahid rahim 100%
aa textiles ltd Estimated Valuation
Pomanda estimates the enterprise value of AA TEXTILES LTD at £296.2k based on a Turnover of £1m and 0.29x industry multiple (adjusted for size and gross margin).
aa textiles ltd Estimated Valuation
Pomanda estimates the enterprise value of AA TEXTILES LTD at £0 based on an EBITDA of £-21.5k and a 3.92x industry multiple (adjusted for size and gross margin).
aa textiles ltd Estimated Valuation
Pomanda estimates the enterprise value of AA TEXTILES LTD at £0 based on Net Assets of £-8.5k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Aa Textiles Ltd Overview
Aa Textiles Ltd is a live company located in stockport, SK5 6PH with a Companies House number of 09876985. It operates in the wholesale of textiles sector, SIC Code 46410. Founded in November 2015, it's largest shareholder is irfan shahid rahim with a 100% stake. Aa Textiles Ltd is a young, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Aa Textiles Ltd Health Check
Pomanda's financial health check has awarded Aa Textiles Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £1m, make it smaller than the average company (£14.1m)
- Aa Textiles Ltd
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (3.9%)
- Aa Textiles Ltd
3.9% - Industry AVG
Production
with a gross margin of 29.1%, this company has a comparable cost of product (29.1%)
- Aa Textiles Ltd
29.1% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (4.3%)
- Aa Textiles Ltd
4.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (42)
5 - Aa Textiles Ltd
42 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Aa Textiles Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £204k, this is less efficient (£312.9k)
- Aa Textiles Ltd
£312.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (49 days)
- Aa Textiles Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (32 days)
- Aa Textiles Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 149 days, this is more than average (112 days)
- Aa Textiles Ltd
112 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (12 weeks)
7 weeks - Aa Textiles Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.9%, this is a higher level of debt than the average (62.2%)
101.9% - Aa Textiles Ltd
62.2% - Industry AVG
AA TEXTILES LTD financials
Aa Textiles Ltd's latest turnover from February 2023 is estimated at £1 million and the company has net assets of -£8.5 thousand. According to their latest financial statements, Aa Textiles Ltd has 5 employees and maintains cash reserves of £66.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 5 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,571 | 3,213 | 4,016 | 5,932 | 7,493 | 1,009 | 1,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,571 | 3,213 | 4,016 | 5,932 | 7,493 | 1,009 | 1,000 |
| Stock & work in progress | 295,929 | 433,600 | 80,500 | 29,500 | 30,450 | 23,520 | 2,350 |
| Trade Debtors | 73,165 | 52,033 | 287,857 | 398,322 | 20,502 | 56,828 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5,525 | 27,673 | 894 | 3,712 | 0 |
| Cash | 66,659 | 52,809 | 56,230 | 17,939 | 11,716 | 4,657 | 55,609 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 22,939 |
| total current assets | 435,753 | 538,442 | 430,112 | 473,434 | 63,562 | 88,717 | 80,898 |
| total assets | 438,324 | 541,655 | 434,128 | 479,366 | 71,055 | 89,726 | 81,898 |
| Bank overdraft | 62,923 | 83,631 | 100,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 204,404 | 217,558 | 157,379 | 363,507 | 4,529 | 0 | 0 |
| Group/Directors Accounts | 127,290 | 154,380 | 73,423 | 45,424 | 43,716 | 31,374 | 36,012 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 52,214 | 67,538 | 85,227 | 59,579 | 14,941 | 54,134 | 42,821 |
| total current liabilities | 446,831 | 523,107 | 416,029 | 468,510 | 63,186 | 85,508 | 78,833 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 446,831 | 523,107 | 416,029 | 468,510 | 63,186 | 85,508 | 78,833 |
| net assets | -8,507 | 18,548 | 18,099 | 10,856 | 7,869 | 4,218 | 3,065 |
| total shareholders funds | -8,507 | 18,548 | 18,099 | 10,856 | 7,869 | 4,218 | 3,065 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 642 | 803 | 1,916 | 1,893 | 1,453 | 231 | 70 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -137,671 | 353,100 | 51,000 | -950 | 6,930 | 21,170 | 2,350 |
| Debtors | 21,132 | -241,349 | -132,613 | 404,599 | -39,144 | 60,540 | 0 |
| Creditors | -13,154 | 60,179 | -206,128 | 358,978 | 4,529 | 0 | 0 |
| Accruals and Deferred Income | -15,324 | -17,689 | 25,648 | 44,638 | -39,193 | 11,313 | 42,821 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -27,090 | 80,957 | 27,999 | 1,708 | 12,342 | -4,638 | 36,012 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 13,850 | -3,421 | 38,291 | 6,223 | 7,059 | -50,952 | 55,609 |
| overdraft | -20,708 | -16,369 | 100,000 | 0 | 0 | 0 | 0 |
| change in cash | 34,558 | 12,948 | -61,709 | 6,223 | 7,059 | -50,952 | 55,609 |
aa textiles ltd Credit Report and Business Information
Aa Textiles Ltd Competitor Analysis
Perform a competitor analysis for aa textiles ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK5 area or any other competitors across 12 key performance metrics.
aa textiles ltd Ownership
AA TEXTILES LTD group structure
Aa Textiles Ltd has no subsidiary companies.
Ultimate parent company
AA TEXTILES LTD
09876985
aa textiles ltd directors
Aa Textiles Ltd currently has 1 director, Mr Irfan Rahim serving since Sep 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Irfan Rahim | England | 36 years | Sep 2023 | - | Director |
P&L
February 2023turnover
1m
-3%
operating profit
-22.1k
0%
gross margin
29.1%
+4.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-8.5k
-1.46%
total assets
438.3k
-0.19%
cash
66.7k
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
aa textiles ltd company details
company number
09876985
Type
Private limited with Share Capital
industry
46410 - Wholesale of textiles
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
1 kenwood road, stockport, SK5 6PH
Bank
-
Legal Advisor
-
aa textiles 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 aa textiles ltd.
aa textiles ltd Companies House Filings - See Documents
| date | description | view/download |
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