afar limited
afar limited Company Information
Company Number
11907448
Website
www.afarex.co.ukRegistered Address
43 rushford street, manchester, M12 4WY
Industry
Take away food shops and mobile food stands
Telephone
441315529988
Next Accounts Due
1022 days late
Group Structure
View All
Directors
Rana Liaqat5 Years
Shareholders
rana affan liaqat 100%
afar limited Estimated Valuation
Pomanda estimates the enterprise value of AFAR LIMITED at £8.2k based on a Turnover of £14.1k and 0.58x industry multiple (adjusted for size and gross margin).
afar limited Estimated Valuation
Pomanda estimates the enterprise value of AFAR LIMITED at £30 based on an EBITDA of £7 and a 4.13x industry multiple (adjusted for size and gross margin).
afar limited Estimated Valuation
Pomanda estimates the enterprise value of AFAR LIMITED at £14 based on Net Assets of £6 and 2.38x industry multiple (adjusted for liquidity).
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Afar Limited Overview
Afar Limited is a live company located in manchester, M12 4WY with a Companies House number of 11907448. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in March 2019, it's largest shareholder is rana affan liaqat with a 100% stake. Afar Limited is a young, micro sized company, Pomanda has estimated its turnover at £14.1k with unknown growth in recent years.
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Afar Limited Health Check
Pomanda's financial health check has awarded Afar 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
1 Regular
6 Weak
Size
annual sales of £14.1k, make it smaller than the average company (£166.8k)
- Afar Limited
£166.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Afar Limited
- - Industry AVG
Production
with a gross margin of 33.6%, this company has a higher cost of product (58.4%)
- Afar Limited
58.4% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.8%)
- Afar Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Afar Limited
7 - Industry AVG
Pay Structure
on an average salary of £10.3k, the company has an equivalent pay structure (£10.3k)
- Afar Limited
£10.3k - Industry AVG
Efficiency
resulting in sales per employee of £14.1k, this is less efficient (£36.4k)
- Afar Limited
£36.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (13 days)
- Afar Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 109 days, this is slower than average (23 days)
- Afar Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Afar Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Afar Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (87.9%)
99.8% - Afar Limited
87.9% - Industry AVG
AFAR LIMITED financials
Afar Limited's latest turnover from March 2020 is estimated at £14.1 thousand and the company has net assets of £6. According to their latest financial statements, Afar Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | |
|---|---|
| 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
| Mar 2020 | |
|---|---|
| Tangible Assets | 2,800 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 2,800 |
| Stock & work in progress | 0 |
| Trade Debtors | 7 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 7 |
| total assets | 2,807 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 2,801 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 2,801 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 2,801 |
| net assets | 6 |
| total shareholders funds | 6 |
| Mar 2020 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 7 |
| Creditors | 2,801 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
afar limited Credit Report and Business Information
Afar Limited Competitor Analysis
Perform a competitor analysis for afar limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in M12 area or any other competitors across 12 key performance metrics.
afar limited Ownership
AFAR LIMITED group structure
Afar Limited has no subsidiary companies.
Ultimate parent company
AFAR LIMITED
11907448
afar limited directors
Afar Limited currently has 1 director, Mr Rana Liaqat serving since Mar 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rana Liaqat | England | 33 years | Mar 2019 | - | Director |
P&L
March 2020turnover
14.1k
0%
operating profit
7.4
0%
gross margin
33.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
6
0%
total assets
2.8k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
afar limited company details
company number
11907448
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
March 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
43 rushford street, manchester, M12 4WY
Bank
-
Legal Advisor
-
afar 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 afar limited.
afar limited Companies House Filings - See Documents
| date | description | view/download |
|---|
