airforms limited
airforms limited Company Information
Company Number
10826638
Website
www.airforms.bizRegistered Address
forms house 74-82 rose lane, liverpool, merseyside, L18 8EE
Industry
Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
paul bracken 33.3%
paul scanlon 33.3%
View Allairforms limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFORMS LIMITED at £109.9k based on a Turnover of £339.6k and 0.32x industry multiple (adjusted for size and gross margin).
airforms limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFORMS LIMITED at £41.7k based on an EBITDA of £15k and a 2.78x industry multiple (adjusted for size and gross margin).
airforms limited Estimated Valuation
Pomanda estimates the enterprise value of AIRFORMS LIMITED at £76.8k based on Net Assets of £45.7k and 1.68x industry multiple (adjusted for liquidity).
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Airforms Limited Overview
Airforms Limited is a live company located in merseyside, L18 8EE with a Companies House number of 10826638. It operates in the printing n.e.c. sector, SIC Code 18129. Founded in June 2017, it's largest shareholder is paul bracken with a 33.3% stake. Airforms Limited is a young, micro sized company, Pomanda has estimated its turnover at £339.6k with healthy growth in recent years.
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Airforms Limited Health Check
Pomanda's financial health check has awarded Airforms Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £339.6k, make it smaller than the average company (£10.4m)
- Airforms Limited
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3%)
- Airforms Limited
3% - Industry AVG
Production
with a gross margin of 29.9%, this company has a comparable cost of product (29.9%)
- Airforms Limited
29.9% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (3.3%)
- Airforms Limited
3.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (61)
2 - Airforms Limited
61 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Airforms Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £169.8k, this is more efficient (£144.7k)
- Airforms Limited
£144.7k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (51 days)
- Airforms Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (59 days)
- Airforms Limited
59 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is more than average (24 days)
- Airforms Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (8 weeks)
10 weeks - Airforms Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (65%)
76% - Airforms Limited
65% - Industry AVG
AIRFORMS LIMITED financials
Airforms Limited's latest turnover from November 2023 is estimated at £339.6 thousand and the company has net assets of £45.7 thousand. According to their latest financial statements, Airforms Limited has 2 employees and maintains cash reserves of £26.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 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 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 586 | 733 | 917 | 1,146 | 1,432 | 323 |
| Intangible Assets | 60,000 | 75,000 | 90,000 | 105,000 | 120,000 | 135,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 60,586 | 75,733 | 90,917 | 106,146 | 121,432 | 135,323 |
| Stock & work in progress | 29,766 | 22,679 | 18,102 | 11,972 | 26,511 | 25,582 |
| Trade Debtors | 61,981 | 64,491 | 45,972 | 56,822 | 65,542 | 85,654 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,462 | 2,798 | 5,074 | 556 | 5,671 | 2,000 |
| Cash | 26,112 | 49,332 | 41,340 | 27,413 | 32,319 | 31,472 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 129,321 | 139,300 | 110,488 | 96,763 | 130,043 | 144,708 |
| total assets | 189,907 | 215,033 | 201,405 | 202,909 | 251,475 | 280,031 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,103 | 9,851 | 9,613 | 3,151 | 0 | 0 |
| Trade Creditors | 55,304 | 70,341 | 36,425 | 34,110 | 69,822 | 51,105 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 61,629 | 59,942 | 60,553 | 30,736 | 81,449 | 78,503 |
| total current liabilities | 127,036 | 140,134 | 106,591 | 67,997 | 151,271 | 129,608 |
| loans | 17,221 | 27,420 | 37,061 | 46,849 | 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 | 36,200 | 46,200 | 120,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,221 | 27,420 | 37,061 | 83,049 | 46,200 | 120,000 |
| total liabilities | 144,257 | 167,554 | 143,652 | 151,046 | 197,471 | 249,608 |
| net assets | 45,650 | 47,479 | 57,753 | 51,863 | 54,004 | 30,423 |
| total shareholders funds | 45,650 | 47,479 | 57,753 | 51,863 | 54,004 | 30,423 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 147 | 184 | 229 | 286 | 358 | 81 |
| Amortisation | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 |
| Tax | ||||||
| Stock | 7,087 | 4,577 | 6,130 | -14,539 | 929 | 25,582 |
| Debtors | 6,154 | 16,243 | -6,332 | -13,835 | -16,441 | 87,654 |
| Creditors | -15,037 | 33,916 | 2,315 | -35,712 | 18,717 | 51,105 |
| Accruals and Deferred Income | 1,687 | -611 | 29,817 | -50,713 | 2,946 | 78,503 |
| 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 | 252 | 238 | 6,462 | 3,151 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,199 | -9,641 | -9,788 | 46,849 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -36,200 | -10,000 | -73,800 | 120,000 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -23,220 | 7,992 | 13,927 | -4,906 | 847 | 31,472 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -23,220 | 7,992 | 13,927 | -4,906 | 847 | 31,472 |
airforms limited Credit Report and Business Information
Airforms Limited Competitor Analysis
Perform a competitor analysis for airforms limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in L18 area or any other competitors across 12 key performance metrics.
airforms limited Ownership
AIRFORMS LIMITED group structure
Airforms Limited has no subsidiary companies.
Ultimate parent company
AIRFORMS LIMITED
10826638
airforms limited directors
Airforms Limited currently has 3 directors. The longest serving directors include Mr Paul Scanlon (Jun 2017) and Mr Wilfred Desouza (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Scanlon | England | 66 years | Jun 2017 | - | Director |
| Mr Wilfred Desouza | 69 years | Jun 2017 | - | Director | |
| Mr Paul Bracken | England | 59 years | Jun 2017 | - | Director |
P&L
November 2023turnover
339.6k
+10%
operating profit
-162.4
0%
gross margin
30%
-4.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
45.7k
-0.04%
total assets
189.9k
-0.12%
cash
26.1k
-0.47%
net assets
Total assets minus all liabilities
airforms limited company details
company number
10826638
Type
Private limited with Share Capital
industry
18129 - Printing (other than printing of newspapers and printing on labels and tags) n.e.c.
incorporation date
June 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
mapp 2017 ltd (December 2017)
accountant
MONETTA LLP
auditor
-
address
forms house 74-82 rose lane, liverpool, merseyside, L18 8EE
Bank
-
Legal Advisor
-
airforms 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 airforms limited.
airforms limited Companies House Filings - See Documents
| date | description | view/download |
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