ak property lettings limited
ak property lettings limited Company Information
Company Number
11604508
Next Accounts
Jul 2025
Industry
Buying and selling of own real estate
Residents property management
Directors
Shareholders
adrian kenworthy
Group Structure
View All
Contact
Registered Address
bonny catty farm, back eddisbury road, macclesfield, SK11 0AT
Website
-ak property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of AK PROPERTY LETTINGS LIMITED at £4.5k based on a Turnover of £1.8k and 2.45x industry multiple (adjusted for size and gross margin).
ak property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of AK PROPERTY LETTINGS LIMITED at £121.2k based on an EBITDA of £23.3k and a 5.2x industry multiple (adjusted for size and gross margin).
ak property lettings limited Estimated Valuation
Pomanda estimates the enterprise value of AK PROPERTY LETTINGS LIMITED at £145.7k based on Net Assets of £90.7k and 1.61x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ak Property Lettings Limited Overview
Ak Property Lettings Limited is a live company located in macclesfield, SK11 0AT with a Companies House number of 11604508. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2018, it's largest shareholder is adrian kenworthy with a 100% stake. Ak Property Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £1.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ak Property Lettings Limited Health Check
Pomanda's financial health check has awarded Ak Property Lettings Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.8k, make it smaller than the average company (£716.1k)
- Ak Property Lettings Limited
£716.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (3.6%)
- Ak Property Lettings Limited
3.6% - Industry AVG
Production
with a gross margin of 65.6%, this company has a comparable cost of product (65.6%)
- Ak Property Lettings Limited
65.6% - Industry AVG
Profitability
an operating margin of 1278.3% make it more profitable than the average company (16.8%)
- Ak Property Lettings Limited
16.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Ak Property Lettings Limited
5 - Industry AVG
Pay Structure
on an average salary of £34.3k, the company has an equivalent pay structure (£34.3k)
- Ak Property Lettings Limited
£34.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.8k, this is less efficient (£133.6k)
- Ak Property Lettings Limited
£133.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ak Property Lettings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 302 days, this is slower than average (32 days)
- Ak Property Lettings Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ak Property Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (35 weeks)
63 weeks - Ak Property Lettings Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.7%, this is a similar level of debt than the average (65.9%)
68.7% - Ak Property Lettings Limited
65.9% - Industry AVG
AK PROPERTY LETTINGS LIMITED financials
Ak Property Lettings Limited's latest turnover from October 2023 is estimated at £1.8 thousand and the company has net assets of £90.7 thousand. According to their latest financial statements, we estimate that Ak Property Lettings Limited has 1 employee and maintains cash reserves of £806 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 283,602 | 283,602 | 283,602 | 282,777 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 283,602 | 283,602 | 283,602 | 282,777 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 34,500 | 0 | 71,168 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,287 | 8,520 | 0 | 18,000 | 0 |
| Cash | 806 | 767 | 1,055 | 1,145 | 0 |
| misc current assets | 0 | 100 | 0 | 0 | 0 |
| total current assets | 6,093 | 9,387 | 35,555 | 19,145 | 71,168 |
| total assets | 289,695 | 292,989 | 319,157 | 301,922 | 71,168 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 520 | 400 | 400 | 1,500 | 14,332 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 141 | 30 | 8,867 | 2,252 | 0 |
| total current liabilities | 661 | 430 | 9,267 | 3,752 | 14,332 |
| loans | 198,347 | 202,474 | 195,747 | 231,732 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 10,968 | 1 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 198,347 | 202,474 | 206,715 | 231,733 | 0 |
| total liabilities | 199,008 | 202,904 | 215,982 | 235,485 | 14,332 |
| net assets | 90,687 | 90,085 | 103,175 | 66,437 | 56,836 |
| total shareholders funds | 90,687 | 90,085 | 103,175 | 66,437 | 56,836 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,233 | -25,980 | 16,500 | -53,168 | 71,168 |
| Creditors | 120 | 0 | -1,100 | -12,832 | 14,332 |
| Accruals and Deferred Income | 111 | -8,837 | 6,615 | 2,252 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -4,127 | 6,727 | -35,985 | 231,732 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -10,968 | 10,967 | 1 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 39 | -288 | -90 | 1,145 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 39 | -288 | -90 | 1,145 | 0 |
ak property lettings limited Credit Report and Business Information
Ak Property Lettings Limited Competitor Analysis
Perform a competitor analysis for ak property lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK11 area or any other competitors across 12 key performance metrics.
ak property lettings limited Ownership
AK PROPERTY LETTINGS LIMITED group structure
Ak Property Lettings Limited has no subsidiary companies.
Ultimate parent company
AK PROPERTY LETTINGS LIMITED
11604508
ak property lettings limited directors
Ak Property Lettings Limited currently has 1 director, Mr Adrian Kenworthy serving since Oct 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Kenworthy | United Kingdom | 52 years | Oct 2018 | - | Director |
P&L
October 2023turnover
1.8k
+38%
operating profit
23.3k
0%
gross margin
65.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
90.7k
+0.01%
total assets
289.7k
-0.01%
cash
806
+0.05%
net assets
Total assets minus all liabilities
ak property lettings limited company details
company number
11604508
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
98000 - Residents property management
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
bonny catty farm, back eddisbury road, macclesfield, SK11 0AT
Bank
-
Legal Advisor
-
ak property lettings 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 found 1 charges/mortgages relating to ak property lettings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ak property lettings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
