aftab ltd

Dissolved 

aftab ltd Company Information

Share AFTAB LTD

Company Number

10011125

Shareholders

parviz panjalizadeh-marseh

Group Structure

View All

Industry

Public houses and bars

 

Registered Address

c/o anderson brookes insolvency, 4th floor churchgate house, bolton, lancashire, BL1 1HL

Website

-

aftab ltd Estimated Valuation

£147.7k

Pomanda estimates the enterprise value of AFTAB LTD at £147.7k based on a Turnover of £237.4k and 0.62x industry multiple (adjusted for size and gross margin).

aftab ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AFTAB LTD at £0 based on an EBITDA of £-18.4k and a 4.09x industry multiple (adjusted for size and gross margin).

aftab ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of AFTAB LTD at £0 based on Net Assets of £-151.9k and 2.17x industry multiple (adjusted for liquidity).

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Aftab Ltd Overview

Aftab Ltd is a dissolved company that was located in bolton, BL1 1HL with a Companies House number of 10011125. It operated in the public houses and bars sector, SIC Code 56302. Founded in February 2016, it's largest shareholder was parviz panjalizadeh-marseh with a 100% stake. The last turnover for Aftab Ltd was estimated at £237.4k.

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Aftab Ltd Health Check

Pomanda's financial health check has awarded Aftab Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £237.4k, make it smaller than the average company (£527.1k)

£237.4k - Aftab Ltd

£527.1k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Aftab Ltd

- - Industry AVG

production

Production

with a gross margin of 58%, this company has a comparable cost of product (58%)

58% - Aftab Ltd

58% - Industry AVG

profitability

Profitability

an operating margin of -8.4% make it less profitable than the average company (4.8%)

-8.4% - Aftab Ltd

4.8% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (22)

6 - Aftab Ltd

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.7k, the company has an equivalent pay structure (£15.7k)

£15.7k - Aftab Ltd

£15.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £39.6k, this is less efficient (£50.5k)

£39.6k - Aftab Ltd

£50.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Aftab Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 126 days, this is slower than average (51 days)

126 days - Aftab Ltd

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (16 days)

4 days - Aftab Ltd

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)

7 weeks - Aftab Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 908.5%, this is a higher level of debt than the average (79.4%)

908.5% - Aftab Ltd

79.4% - Industry AVG

AFTAB LTD financials

EXPORTms excel logo

Aftab Ltd's latest turnover from March 2018 is estimated at £237.4 thousand and the company has net assets of -£151.9 thousand. According to their latest financial statements, Aftab Ltd has 6 employees and maintains cash reserves of £8.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2018Mar 2017
Turnover237,421290,466
Other Income Or Grants00
Cost Of Sales99,795121,910
Gross Profit137,626168,556
Admin Expenses157,515300,591
Operating Profit-19,889-132,035
Interest Payable126
Interest Receivable231
Pre-Tax Profit-19,878-132,040
Tax00
Profit After Tax-19,878-132,040
Dividends Paid00
Retained Profit-19,878-132,040
Employee Costs94,460100,066
Number Of Employees67
EBITDA*-18,377-130,848

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2018Mar 2017
Tangible Assets8,5668,305
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets8,5668,305
Stock & work in progress1,2001,250
Trade Debtors00
Group Debtors00
Misc Debtors80412,577
Cash8,221963
misc current assets00
total current assets10,22514,790
total assets18,79123,095
Bank overdraft184184
Bank loan00
Trade Creditors 34,50494,510
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities22,63428,085
total current liabilities57,322122,779
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities113,38732,356
provisions00
total long term liabilities113,38732,356
total liabilities170,709155,135
net assets-151,918-132,040
total shareholders funds-151,918-132,040
Mar 2018Mar 2017
Operating Activities
Operating Profit-19,889-132,035
Depreciation1,5121,187
Amortisation00
Tax00
Stock-501,250
Debtors-11,77312,577
Creditors-60,00694,510
Accruals and Deferred Income-5,45128,085
Deferred Taxes & Provisions00
Cash flow from operations-72,011-22,080
Investing Activities
capital expenditure-1,773-9,492
Change in Investments00
cash flow from investments-1,773-9,492
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities81,03132,356
share issue00
interest11-5
cash flow from financing81,04232,351
cash and cash equivalents
cash7,258963
overdraft0184
change in cash7,258779

aftab ltd 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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Aftab Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for aftab ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in BL1 area or any other competitors across 12 key performance metrics.

aftab ltd Ownership

AFTAB LTD group structure

Aftab Ltd has no subsidiary companies.

Ultimate parent company

AFTAB LTD

10011125

AFTAB LTD Shareholders

parviz panjalizadeh-marseh 100%

aftab ltd directors

Aftab Ltd currently has 1 director, Mr Parviz Panjalizadeh-Marseh serving since Mar 2019.

officercountryagestartendrole
Mr Parviz Panjalizadeh-MarsehEngland67 years Mar 2019- Director

P&L

March 2018

turnover

237.4k

-18%

operating profit

-19.9k

0%

gross margin

58%

-0.11%

turnover

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

Balance Sheet

March 2018

net assets

-151.9k

+0.15%

total assets

18.8k

-0.19%

cash

8.2k

+7.54%

net assets

Total assets minus all liabilities

aftab ltd company details

company number

10011125

Type

Private limited with Share Capital

industry

56302 - Public houses and bars

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2018

previous names

N/A

accountant

-

auditor

-

address

c/o anderson brookes insolvency, 4th floor churchgate house, bolton, lancashire, BL1 1HL

Bank

-

Legal Advisor

-

aftab 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 aftab ltd.

aftab 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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aftab ltd Companies House Filings - See Documents

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