ashir jewellery limited
ashir jewellery limited Company Information
Company Number
10667375
Next Accounts
50 days late
Shareholders
indraprasad rai
ashokkumar rai
Group Structure
View All
Industry
Retail sale of watches and jewellery in specialised stores
Registered Address
43 union street, aldershot, GU11 1EP
Website
www.ashirjewellery.co.ukashir jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of ASHIR JEWELLERY LIMITED at £277.8k based on a Turnover of £696.6k and 0.4x industry multiple (adjusted for size and gross margin).
ashir jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of ASHIR JEWELLERY LIMITED at £143.7k based on an EBITDA of £43.9k and a 3.27x industry multiple (adjusted for size and gross margin).
ashir jewellery limited Estimated Valuation
Pomanda estimates the enterprise value of ASHIR JEWELLERY LIMITED at £97.2k based on Net Assets of £37.9k and 2.57x industry multiple (adjusted for liquidity).
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Ashir Jewellery Limited Overview
Ashir Jewellery Limited is a live company located in aldershot, GU11 1EP with a Companies House number of 10667375. It operates in the retail sale of watches and jewellery in specialised stores sector, SIC Code 47770. Founded in March 2017, it's largest shareholder is indraprasad rai with a 68% stake. Ashir Jewellery Limited is a young, small sized company, Pomanda has estimated its turnover at £696.6k with rapid growth in recent years.
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Ashir Jewellery Limited Health Check
Pomanda's financial health check has awarded Ashir Jewellery Limited 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £696.6k, make it smaller than the average company (£9.2m)
- Ashir Jewellery Limited
£9.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (10.4%)
- Ashir Jewellery Limited
10.4% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
- Ashir Jewellery Limited
34.7% - Industry AVG
Profitability
an operating margin of 6.3% make it less profitable than the average company (8.5%)
- Ashir Jewellery Limited
8.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (26)
5 - Ashir Jewellery Limited
26 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Ashir Jewellery Limited
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £139.3k, this is less efficient (£208.4k)
- Ashir Jewellery Limited
£208.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ashir Jewellery Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ashir Jewellery Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 126 days, this is less than average (193 days)
- Ashir Jewellery Limited
193 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (19 weeks)
4 weeks - Ashir Jewellery Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.3%, this is a higher level of debt than the average (63.9%)
79.3% - Ashir Jewellery Limited
63.9% - Industry AVG
ASHIR JEWELLERY LIMITED financials
Ashir Jewellery Limited's latest turnover from March 2023 is estimated at £696.6 thousand and the company has net assets of £37.9 thousand. According to their latest financial statements, Ashir Jewellery Limited has 5 employees and maintains cash reserves of £8.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 4 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 3,678 | 7,357 | 11,036 | 14,715 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2 | 2 | 3,678 | 7,357 | 11,036 | 14,715 |
| Stock & work in progress | 158,200 | 90,000 | 99,500 | 94,500 | 80,250 | 42,352 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,659 | 0 | 0 | 0 | 2,272 | 1,336 |
| Cash | 8,493 | 20,305 | 24,492 | 15,233 | 6,029 | 19,875 |
| misc current assets | 0 | 0 | 2,248 | 1,684 | 0 | 0 |
| total current assets | 183,352 | 110,305 | 126,240 | 111,417 | 88,551 | 63,563 |
| total assets | 183,354 | 110,307 | 129,918 | 118,774 | 99,587 | 78,278 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 2,467 | 12,699 | 12,699 | 1,932 | 0 |
| Group/Directors Accounts | 0 | 0 | 83,931 | 108,881 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 106,573 | 52,321 | 3,122 | 3,241 | 159,792 | 117,069 |
| total current liabilities | 106,573 | 54,788 | 99,752 | 124,821 | 161,724 | 117,069 |
| loans | 38,867 | 50,000 | 50,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,867 | 50,000 | 50,000 | 0 | 0 | 0 |
| total liabilities | 145,440 | 104,788 | 149,752 | 124,821 | 161,724 | 117,069 |
| net assets | 37,914 | 5,519 | -19,834 | -6,047 | -62,137 | -38,791 |
| total shareholders funds | 37,914 | 5,519 | -19,834 | -6,047 | -62,137 | -38,791 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 3,676 | 3,679 | 3,679 | 3,679 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 68,200 | -9,500 | 5,000 | 14,250 | 37,898 | 42,352 |
| Debtors | 16,659 | 0 | 0 | -2,272 | 936 | 1,336 |
| Creditors | -2,467 | -10,232 | 0 | 10,767 | 1,932 | 0 |
| Accruals and Deferred Income | 54,252 | 49,199 | -119 | -156,551 | 42,723 | 117,069 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -83,931 | -24,950 | 108,881 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -11,133 | 0 | 50,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -11,812 | -4,187 | 9,259 | 9,204 | -13,846 | 19,875 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -11,812 | -4,187 | 9,259 | 9,204 | -13,846 | 19,875 |
ashir jewellery limited Credit Report and Business Information
Ashir Jewellery Limited Competitor Analysis
Perform a competitor analysis for ashir jewellery 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 GU11 area or any other competitors across 12 key performance metrics.
ashir jewellery limited Ownership
ASHIR JEWELLERY LIMITED group structure
Ashir Jewellery Limited has no subsidiary companies.
Ultimate parent company
ASHIR JEWELLERY LIMITED
10667375
ashir jewellery limited directors
Ashir Jewellery Limited currently has 2 directors. The longest serving directors include Mr Ashokkumar Rai (Mar 2017) and Mr Indraprasad Rai (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashokkumar Rai | England | 62 years | Mar 2017 | - | Director |
| Mr Indraprasad Rai | England | 59 years | Mar 2017 | - | Director |
P&L
March 2023turnover
696.6k
+65%
operating profit
43.9k
0%
gross margin
34.7%
-0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
37.9k
+5.87%
total assets
183.4k
+0.66%
cash
8.5k
-0.58%
net assets
Total assets minus all liabilities
Similar Companies
ashir jewellery limited company details
company number
10667375
Type
Private limited with Share Capital
industry
47770 - Retail sale of watches and jewellery in specialised stores
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
43 union street, aldershot, GU11 1EP
Bank
-
Legal Advisor
-
ashir jewellery 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 did not find charges/mortgages relating to ashir jewellery limited.
ashir jewellery limited 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.
Click to start generating capital raising & share issue transactions for ASHIR JEWELLERY LIMITED. This can take several minutes, an email will notify you when this has completed.
ashir jewellery limited Companies House Filings - See Documents
| date | description | view/download |
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