anikin ltd
anikin ltd Company Information
Company Number
11960313
Next Accounts
Sep 2025
Shareholders
octopus titan vct plc
brett michael o'farrell
View AllGroup Structure
View All
Industry
Manufacture of prepared pet foods
Registered Address
katkin club house, 8-10, warner street, london, EC1R 5HA
Website
-anikin ltd Estimated Valuation
Pomanda estimates the enterprise value of ANIKIN LTD at £13m based on a Turnover of £19.6m and 0.66x industry multiple (adjusted for size and gross margin).
anikin ltd Estimated Valuation
Pomanda estimates the enterprise value of ANIKIN LTD at £0 based on an EBITDA of £-9.4m and a 4.58x industry multiple (adjusted for size and gross margin).
anikin ltd Estimated Valuation
Pomanda estimates the enterprise value of ANIKIN LTD at £0 based on Net Assets of £-1.7m and 1.82x industry multiple (adjusted for liquidity).
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Anikin Ltd Overview
Anikin Ltd is a live company located in london, EC1R 5HA with a Companies House number of 11960313. It operates in the manufacture of prepared pet foods sector, SIC Code 10920. Founded in April 2019, it's largest shareholder is octopus titan vct plc with a 21.7% stake. Anikin Ltd is a young, mid sized company, Pomanda has estimated its turnover at £19.6m with rapid growth in recent years.
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Anikin Ltd Health Check
Pomanda's financial health check has awarded Anikin Ltd a 3 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 £19.6m, make it smaller than the average company (£34.7m)
£19.6m - Anikin Ltd
£34.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 156%, show it is growing at a faster rate (11.1%)
- Anikin Ltd
11.1% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (23.1%)
17.5% - Anikin Ltd
23.1% - Industry AVG
Profitability
an operating margin of -52.8% make it less profitable than the average company (2.3%)
-52.8% - Anikin Ltd
2.3% - Industry AVG
Employees
with 94 employees, this is similar to the industry average (91)
94 - Anikin Ltd
91 - Industry AVG
Pay Structure
on an average salary of £44.4k, the company has an equivalent pay structure (£39.3k)
£44.4k - Anikin Ltd
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £208.1k, this is less efficient (£304.2k)
£208.1k - Anikin Ltd
£304.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (40 days)
7 days - Anikin Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (49 days)
33 days - Anikin Ltd
49 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is less than average (54 days)
37 days - Anikin Ltd
54 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (8 weeks)
71 weeks - Anikin Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.2%, this is a higher level of debt than the average (51.6%)
111.2% - Anikin Ltd
51.6% - Industry AVG
ANIKIN LTD financials
Anikin Ltd's latest turnover from December 2023 is £19.6 million and the company has net assets of -£1.7 million. According to their latest financial statements, Anikin Ltd has 94 employees and maintains cash reserves of £6.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 19,557,902 | ||||
| Other Income Or Grants | |||||
| Cost Of Sales | 16,142,841 | ||||
| Gross Profit | 3,415,061 | ||||
| Admin Expenses | 13,746,199 | ||||
| Operating Profit | -10,331,138 | ||||
| Interest Payable | 461,328 | ||||
| Interest Receivable | 76 | ||||
| Pre-Tax Profit | -10,792,390 | ||||
| Tax | 887,138 | ||||
| Profit After Tax | -9,905,252 | ||||
| Dividends Paid | |||||
| Retained Profit | -9,905,252 | ||||
| Employee Costs | 4,176,693 | ||||
| Number Of Employees | 94 | 60 | 38 | 10 | 2 |
| EBITDA* | -9,431,318 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,157,147 | 5,137,923 | 130,675 | 133,062 | 115,238 |
| Intangible Assets | 29,080 | 44,881 | 53,203 | 34,953 | 17,924 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 4,186,227 | 5,182,804 | 183,878 | 168,015 | 133,162 |
| Stock & work in progress | 1,675,609 | 1,693,838 | 411,790 | 164,727 | 5,702 |
| Trade Debtors | 395,988 | 394,453 | 141,206 | 45,483 | 577 |
| Group Debtors | |||||
| Misc Debtors | 2,733,513 | 696,189 | 182,547 | 41,081 | 61,249 |
| Cash | 6,285,156 | 835,937 | 9,138,981 | 2,986,906 | 595,553 |
| misc current assets | |||||
| total current assets | 11,090,266 | 3,620,417 | 9,874,524 | 3,238,197 | 663,081 |
| total assets | 15,276,493 | 8,803,221 | 10,058,402 | 3,406,212 | 796,243 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 1,468,369 | 1,462,825 | 504,678 | 126,206 | 24,085 |
| Group/Directors Accounts | |||||
| other short term finances | 1,151,511 | ||||
| hp & lease commitments | 460,000 | ||||
| other current liabilities | 1,459,549 | 1,009,886 | 751,927 | 190,224 | 43,388 |
| total current liabilities | 4,539,429 | 2,472,711 | 1,256,605 | 316,430 | 67,473 |
| loans | 12,053,179 | ||||
| hp & lease commitments | 399,888 | ||||
| Accruals and Deferred Income | |||||
| other liabilities | 2,758,621 | 28,035 | 54,379 | ||
| provisions | |||||
| total long term liabilities | 12,453,067 | 2,758,621 | 28,035 | 54,379 | |
| total liabilities | 16,992,496 | 5,231,332 | 1,256,605 | 344,465 | 121,852 |
| net assets | -1,716,003 | 3,571,889 | 8,801,797 | 3,061,747 | 674,391 |
| total shareholders funds | -1,716,003 | 3,571,889 | 8,801,797 | 3,061,747 | 674,391 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -10,331,138 | ||||
| Depreciation | 882,924 | 89,258 | 51,217 | 36,576 | 4,870 |
| Amortisation | 16,896 | 16,520 | 12,275 | 7,946 | 196 |
| Tax | 887,138 | ||||
| Stock | -18,229 | 1,282,048 | 247,063 | 159,025 | 5,702 |
| Debtors | 2,038,859 | 766,889 | 237,189 | 24,738 | 61,826 |
| Creditors | 5,544 | 958,147 | 378,472 | 102,121 | 24,085 |
| Accruals and Deferred Income | 449,663 | 257,959 | 561,703 | 146,836 | 43,388 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | -10,109,603 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | 1,151,511 | ||||
| Long term loans | 12,053,179 | ||||
| Hire Purchase and Lease Commitments | 859,888 | ||||
| other long term liabilities | -2,758,621 | 2,758,621 | -28,035 | -26,344 | 54,379 |
| share issue | |||||
| interest | -461,252 | ||||
| cash flow from financing | 15,462,065 | ||||
| cash and cash equivalents | |||||
| cash | 5,449,219 | -8,303,044 | 6,152,075 | 2,391,353 | 595,553 |
| overdraft | |||||
| change in cash | 5,449,219 | -8,303,044 | 6,152,075 | 2,391,353 | 595,553 |
anikin ltd Credit Report and Business Information
Anikin Ltd Competitor Analysis
Perform a competitor analysis for anikin ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in EC1R area or any other competitors across 12 key performance metrics.
anikin ltd Ownership
ANIKIN LTD group structure
Anikin Ltd has no subsidiary companies.
Ultimate parent company
ANIKIN LTD
11960313
anikin ltd directors
Anikin Ltd currently has 8 directors. The longest serving directors include Mr Brett O'Farrell (Apr 2019) and Ms Nikki O'Farrell (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brett O'Farrell | England | 40 years | Apr 2019 | - | Director |
| Ms Nikki O'Farrell | England | 38 years | Jun 2019 | - | Director |
| Mr Edward Westcott | England | 42 years | Dec 2021 | - | Director |
| Mr Andrew Wynn | United Kingdom | 40 years | Dec 2021 | - | Director |
| Mr Andrew Wynn | United Kingdom | 40 years | Dec 2021 | - | Director |
| Mr Lopo Champalimaud | United Kingdom | 52 years | Dec 2021 | - | Director |
| Mr Justin Shmalberg | England | 42 years | Aug 2024 | - | Director |
| Mr Will Gibbs | England | 35 years | Nov 2024 | - | Director |
P&L
December 2023turnover
19.6m
0%
operating profit
-10.3m
0%
gross margin
17.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.7m
-1.48%
total assets
15.3m
+0.74%
cash
6.3m
+6.52%
net assets
Total assets minus all liabilities
anikin ltd company details
company number
11960313
Type
Private limited with Share Capital
industry
10920 - Manufacture of prepared pet foods
incorporation date
April 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRAVITA II LLP
address
katkin club house, 8-10, warner street, london, EC1R 5HA
Bank
-
Legal Advisor
-
anikin 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 2 charges/mortgages relating to anikin ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
anikin ltd 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 ANIKIN LTD. This can take several minutes, an email will notify you when this has completed.
anikin ltd Companies House Filings - See Documents
| date | description | view/download |
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