amk homes ltd

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amk homes ltd Company Information

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Company Number

10599283

Website

-

Registered Address

unit a (ak sheetmetal ltd), saxon way,, hessle, HU13 9PB

Industry

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Mark Goodare7 Years

Keith Goodare7 Years

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Shareholders

keith goodare 33.3%

mark goodare 33.3%

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amk homes ltd Estimated Valuation

£580

Pomanda estimates the enterprise value of AMK HOMES LTD at £580 based on a Turnover of £1.1k and 0.54x industry multiple (adjusted for size and gross margin).

amk homes ltd Estimated Valuation

£479.9k

Pomanda estimates the enterprise value of AMK HOMES LTD at £479.9k based on an EBITDA of £116.6k and a 4.11x industry multiple (adjusted for size and gross margin).

amk homes ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of AMK HOMES LTD at £1.9m based on Net Assets of £825.7k and 2.31x industry multiple (adjusted for liquidity).

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Amk Homes Ltd Overview

Amk Homes Ltd is a live company located in hessle, HU13 9PB with a Companies House number of 10599283. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is keith goodare with a 33.3% stake. Amk Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £1.1k with declining growth in recent years.

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Amk Homes Ltd Health Check

Pomanda's financial health check has awarded Amk Homes Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.1k, make it smaller than the average company (£3.7m)

£1.1k - Amk Homes Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (3%)

-87% - Amk Homes Ltd

3% - Industry AVG

production

Production

with a gross margin of 38.9%, this company has a comparable cost of product (38.9%)

38.9% - Amk Homes Ltd

38.9% - Industry AVG

profitability

Profitability

an operating margin of 10922.1% make it more profitable than the average company (6.3%)

10922.1% - Amk Homes Ltd

6.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (25)

1 - Amk Homes Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)

£50.5k - Amk Homes Ltd

£50.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1k, this is less efficient (£157.8k)

£1.1k - Amk Homes Ltd

£157.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Amk Homes Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 89 days, this is slower than average (33 days)

89 days - Amk Homes Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Amk Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (24 weeks)

3 weeks - Amk Homes Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.4%, this is a similar level of debt than the average (63.6%)

62.4% - Amk Homes Ltd

63.6% - Industry AVG

amk homes 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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Amk Homes Ltd Competitor Analysis

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Perform a competitor analysis for amk homes ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

amk homes ltd Ownership

AMK HOMES LTD group structure

Amk Homes Ltd has no subsidiary companies.

Ultimate parent company

AMK HOMES LTD

10599283

AMK HOMES LTD Shareholders

keith goodare 33.33%
mark goodare 33.33%
andrew dodson 33.33%

amk homes ltd directors

Amk Homes Ltd currently has 3 directors. The longest serving directors include Mr Mark Goodare (Feb 2017) and Mr Keith Goodare (Feb 2017).

officercountryagestartendrole
Mr Mark Goodare39 years Feb 2017- Director
Mr Keith GoodareUnited Kingdom68 years Feb 2017- Director
Mr Andrew DodsonUnited Kingdom54 years Feb 2017- Director

AMK HOMES LTD financials

EXPORTms excel logo

Amk Homes Ltd's latest turnover from December 2022 is estimated at £1.1 thousand and the company has net assets of £825.7 thousand. According to their latest financial statements, we estimate that Amk Homes Ltd has 1 employee and maintains cash reserves of £27.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Turnover1,0680427,658445,53400
Other Income Or Grants000000
Cost Of Sales6530268,721278,13400
Gross Profit4150158,937167,39900
Admin Expenses-116,218-542,59966,563-326,001-18,058-3,648
Operating Profit116,633542,59992,374493,40018,0583,648
Interest Payable84,45855,64354,24341,97512,6830
Interest Receivable1,0491635519617215
Pre-Tax Profit33,223487,11938,186451,6215,5473,663
Tax-6,312-92,553-7,255-85,808-1,054-696
Profit After Tax26,911394,56630,931365,8134,4932,967
Dividends Paid000000
Retained Profit26,911394,56630,931365,8134,4932,967
Employee Costs50,5440138,194136,41000
Number Of Employees103300
EBITDA*116,633542,59992,374493,40018,0583,648

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Tangible Assets000000
Intangible Assets000000
Investments & Other2,164,5002,196,5001,671,1331,570,000749,793290,316
Debtors (Due After 1 year)000000
Total Fixed Assets2,164,5002,196,5001,671,1331,570,000749,793290,316
Stock & work in progress000000
Trade Debtors000000
Group Debtors000000
Misc Debtors4,1664,5194,61515,65641,000182
Cash27,09432,84697,36712,69139,6546,185
misc current assets000000
total current assets31,26037,365101,98228,34780,6546,367
total assets2,195,7602,233,8651,773,1151,598,347830,447296,683
Bank overdraft43,78040,54040,54037,34016,7000
Bank loan000000
Trade Creditors 16000000
Group/Directors Accounts279,133382,634182,63478,469261,000112,000
other short term finances000000
hp & lease commitments000000
other current liabilities31,88825,513199,764202,752186,184181,713
total current liabilities354,961448,687422,938318,561463,884293,713
loans864,270829,480870,020830,560359,1000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions150,845156,92575,95075,95000
total long term liabilities1,015,115986,405945,970906,510359,1000
total liabilities1,370,0761,435,0921,368,9081,225,071822,984293,713
net assets825,684798,773404,207373,2767,4632,970
total shareholders funds825,684798,773404,207373,2767,4632,970
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
Operating Activities
Operating Profit116,633542,59992,374493,40018,0583,648
Depreciation000000
Amortisation000000
Tax-6,312-92,553-7,255-85,808-1,054-696
Stock000000
Debtors-353-96-11,041-25,34440,818182
Creditors16000000
Accruals and Deferred Income6,375-174,251-2,98816,5684,471181,713
Deferred Taxes & Provisions-6,08080,975075,95000
Cash flow from operations111,129356,86693,172525,454-19,343184,483
Investing Activities
capital expenditure000000
Change in Investments-32,000525,367101,133820,207459,477290,316
cash flow from investments32,000-525,367-101,133-820,207-459,477-290,316
Financing Activities
Bank loans000000
Group/Directors Accounts-103,501200,000104,165-182,531149,000112,000
Other Short Term Loans 000000
Long term loans34,790-40,54039,460471,460359,1000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000003
interest-83,409-55,480-54,188-41,779-12,51115
cash flow from financing-152,120103,98089,437247,150495,589112,018
cash and cash equivalents
cash-5,752-64,52184,676-26,96333,4696,185
overdraft3,24003,20020,64016,7000
change in cash-8,992-64,52181,476-47,60316,7696,185

P&L

December 2022

turnover

1.1k

0%

operating profit

116.6k

0%

gross margin

38.9%

0%

turnover

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

Balance Sheet

December 2022

net assets

825.7k

+0.03%

total assets

2.2m

-0.02%

cash

27.1k

-0.18%

net assets

Total assets minus all liabilities

amk homes ltd company details

company number

10599283

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2017

age

7

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

unit a (ak sheetmetal ltd), saxon way,, hessle, HU13 9PB

last accounts submitted

December 2022

amk homes 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 8 charges/mortgages relating to amk homes ltd. Currently there are 8 open charges and 0 have been satisfied in the past.

charges

amk homes ltd Companies House Filings - See Documents

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