ashtrad retail ltd
ashtrad retail ltd Company Information
Company Number
10429408
Next Accounts
Jan 2025
Industry
Retail sale of newspapers and stationery in specialised stores
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Shareholders
ashtrad holdings ltd
Group Structure
View All
Contact
Registered Address
364-368 cranbrook road, ilford, IG2 6HY
Website
www.ashteadinteriors.comashtrad retail ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHTRAD RETAIL LTD at £171.6k based on a Turnover of £629.4k and 0.27x industry multiple (adjusted for size and gross margin).
ashtrad retail ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHTRAD RETAIL LTD at £859k based on an EBITDA of £282k and a 3.05x industry multiple (adjusted for size and gross margin).
ashtrad retail ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHTRAD RETAIL LTD at £4.3m based on Net Assets of £1.1m and 3.96x industry multiple (adjusted for liquidity).
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Ashtrad Retail Ltd Overview
Ashtrad Retail Ltd is a live company located in ilford, IG2 6HY with a Companies House number of 10429408. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2016, it's largest shareholder is ashtrad holdings ltd with a 100% stake. Ashtrad Retail Ltd is a young, small sized company, Pomanda has estimated its turnover at £629.4k with healthy growth in recent years.
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Ashtrad Retail Ltd Health Check
Pomanda's financial health check has awarded Ashtrad Retail Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £629.4k, make it in line with the average company (£708.3k)
- Ashtrad Retail Ltd
£708.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (1.6%)
- Ashtrad Retail Ltd
1.6% - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
- Ashtrad Retail Ltd
31.5% - Industry AVG
Profitability
an operating margin of 39.5% make it more profitable than the average company (4.6%)
- Ashtrad Retail Ltd
4.6% - Industry AVG
Employees
with 15 employees, this is above the industry average (10)
15 - Ashtrad Retail Ltd
10 - Industry AVG
Pay Structure
on an average salary of £16.3k, the company has an equivalent pay structure (£16.3k)
- Ashtrad Retail Ltd
£16.3k - Industry AVG
Efficiency
resulting in sales per employee of £42k, this is less efficient (£101.5k)
- Ashtrad Retail Ltd
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (23 days)
- Ashtrad Retail Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (39 days)
- Ashtrad Retail Ltd
39 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is more than average (35 days)
- Ashtrad Retail Ltd
35 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (20 weeks)
36 weeks - Ashtrad Retail Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.1%, this is a lower level of debt than the average (67.3%)
33.1% - Ashtrad Retail Ltd
67.3% - Industry AVG
ASHTRAD RETAIL LTD financials
Ashtrad Retail Ltd's latest turnover from April 2023 is estimated at £629.4 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Ashtrad Retail Ltd has 15 employees and maintains cash reserves of £310.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 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 | 15 | 18 | 8 | 11 | 9 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 100,452 | 44,789 | 20,740 | 19,494 | 25,992 | 34,656 | 0 |
| 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 | 100,452 | 44,789 | 20,740 | 19,494 | 25,992 | 34,656 | 0 |
| Stock & work in progress | 65,000 | 75,000 | 55,000 | 47,500 | 37,583 | 25,000 | 0 |
| Trade Debtors | 25,152 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,111,966 | 1,028,177 | 710,957 | 387,300 | 404,437 | 0 | 0 |
| Cash | 310,629 | 273,078 | 645,764 | 700,056 | 455,503 | 580,812 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,512,747 | 1,376,255 | 1,411,721 | 1,134,856 | 897,523 | 605,812 | 100 |
| total assets | 1,613,199 | 1,421,044 | 1,432,461 | 1,154,350 | 923,515 | 640,468 | 100 |
| Bank overdraft | 11,160 | 11,160 | 50,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,018 | 34,254 | 33,346 | 13,622 | 29,087 | 24,299 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 11,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 389,077 | 453,588 | 511,774 | 531,165 | 477,120 | 386,648 | 0 |
| total current liabilities | 441,385 | 499,002 | 595,120 | 544,787 | 506,207 | 410,947 | 0 |
| loans | 24,673 | 34,673 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 67,239 | 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 | 91,912 | 34,673 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 533,297 | 533,675 | 595,120 | 544,787 | 506,207 | 410,947 | 0 |
| net assets | 1,079,902 | 887,369 | 837,341 | 609,563 | 417,308 | 229,521 | 100 |
| total shareholders funds | 1,079,902 | 887,369 | 837,341 | 609,563 | 417,308 | 229,521 | 100 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 33,483 | 14,929 | 6,914 | 6,498 | 8,664 | 11,552 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -10,000 | 20,000 | 7,500 | 9,917 | 12,583 | 25,000 | 0 |
| Debtors | 108,941 | 317,220 | 323,657 | -17,137 | 404,437 | 0 | 0 |
| Creditors | -4,236 | 908 | 19,724 | -15,465 | 4,788 | 24,299 | 0 |
| Accruals and Deferred Income | -64,511 | -58,186 | -19,391 | 54,045 | 90,472 | 386,648 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | 34,673 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 78,369 | 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 | 37,551 | -372,686 | -54,292 | 244,553 | -125,309 | 580,712 | 100 |
| overdraft | 0 | -38,840 | 50,000 | 0 | 0 | 0 | 0 |
| change in cash | 37,551 | -333,846 | -104,292 | 244,553 | -125,309 | 580,712 | 100 |
ashtrad retail ltd Credit Report and Business Information
Ashtrad Retail Ltd Competitor Analysis
Perform a competitor analysis for ashtrad retail 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 IG2 area or any other competitors across 12 key performance metrics.
ashtrad retail ltd Ownership
ASHTRAD RETAIL LTD group structure
Ashtrad Retail Ltd has no subsidiary companies.
ashtrad retail ltd directors
Ashtrad Retail Ltd currently has 4 directors. The longest serving directors include Mr Darshan Ashier (Oct 2016) and Mrs Nalinaben Ashier (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Darshan Ashier | United Kingdom | 38 years | Oct 2016 | - | Director |
| Mrs Nalinaben Ashier | England | 64 years | Oct 2016 | - | Director |
| Mr Divyakant Ashier | England | 37 years | Oct 2016 | - | Director |
| Mr Vandan Ashier | England | 34 years | Nov 2022 | - | Director |
P&L
April 2023turnover
629.4k
-15%
operating profit
248.5k
0%
gross margin
31.5%
+20.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1m
+0.22%
total assets
1.6m
+0.14%
cash
310.6k
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
ashtrad retail ltd company details
company number
10429408
Type
Private limited with Share Capital
industry
47620 - Retail sale of newspapers and stationery in specialised stores
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
PRESTONS
auditor
-
address
364-368 cranbrook road, ilford, IG2 6HY
Bank
-
Legal Advisor
-
ashtrad retail 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 ashtrad retail ltd.
ashtrad retail ltd Companies House Filings - See Documents
| date | description | view/download |
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