asian express mk ltd
asian express mk ltd Company Information
Company Number
12227863
Next Accounts
Jun 2025
Industry
Take away food shops and mobile food stands
Directors
Shareholders
james cheung
albert wong
View AllGroup Structure
View All
Contact
Registered Address
5 summerson road, milton keynes, MK6 1LE
Website
-asian express mk ltd Estimated Valuation
Pomanda estimates the enterprise value of ASIAN EXPRESS MK LTD at £88.9k based on a Turnover of £134.7k and 0.66x industry multiple (adjusted for size and gross margin).
asian express mk ltd Estimated Valuation
Pomanda estimates the enterprise value of ASIAN EXPRESS MK LTD at £0 based on an EBITDA of £-3.5k and a 3.94x industry multiple (adjusted for size and gross margin).
asian express mk ltd Estimated Valuation
Pomanda estimates the enterprise value of ASIAN EXPRESS MK LTD at £0 based on Net Assets of £-2.1k and 2.68x industry multiple (adjusted for liquidity).
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Asian Express Mk Ltd Overview
Asian Express Mk Ltd is a live company located in milton keynes, MK6 1LE with a Companies House number of 12227863. It operates in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in September 2019, it's largest shareholder is james cheung with a 50% stake. Asian Express Mk Ltd is a young, micro sized company, Pomanda has estimated its turnover at £134.7k with declining growth in recent years.
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Asian Express Mk Ltd Health Check
Pomanda's financial health check has awarded Asian Express Mk Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
5 Weak
Size
annual sales of £134.7k, make it in line with the average company (£148.2k)
- Asian Express Mk Ltd
£148.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (7.5%)
- Asian Express Mk Ltd
7.5% - Industry AVG
Production
with a gross margin of 28.2%, this company has a higher cost of product (49.3%)
- Asian Express Mk Ltd
49.3% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (2.3%)
- Asian Express Mk Ltd
2.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Asian Express Mk Ltd
4 - Industry AVG
Pay Structure
on an average salary of £11.6k, the company has an equivalent pay structure (£11.6k)
- Asian Express Mk Ltd
£11.6k - Industry AVG
Efficiency
resulting in sales per employee of £33.7k, this is equally as efficient (£39.4k)
- Asian Express Mk Ltd
£39.4k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is later than average (19 days)
- Asian Express Mk Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (20 days)
- Asian Express Mk Ltd
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Asian Express Mk Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Asian Express Mk Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.3%, this is a higher level of debt than the average (85.3%)
106.3% - Asian Express Mk Ltd
85.3% - Industry AVG
ASIAN EXPRESS MK LTD financials
Asian Express Mk Ltd's latest turnover from September 2023 is estimated at £134.7 thousand and the company has net assets of -£2.1 thousand. According to their latest financial statements, Asian Express Mk Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 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 | 4 | 5 | 6 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Tangible Assets | 14,561 | 15,290 | 16,100 | 17,000 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 14,561 | 15,290 | 16,100 | 17,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,057 | 26,106 | 75,742 | 36,451 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 19,057 | 26,106 | 75,742 | 36,451 |
| total assets | 33,618 | 41,396 | 91,842 | 53,451 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,027 | 39,333 | 87,486 | 51,724 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 35,027 | 39,333 | 87,486 | 51,724 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 700 | 700 | 700 | 700 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 700 | 700 | 700 | 700 |
| total liabilities | 35,727 | 40,033 | 88,186 | 52,424 |
| net assets | -2,109 | 1,363 | 3,656 | 1,027 |
| total shareholders funds | -2,109 | 1,363 | 3,656 | 1,027 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -7,049 | -49,636 | 39,291 | 36,451 |
| Creditors | -4,306 | -48,153 | 35,762 | 51,724 |
| Accruals and Deferred Income | 0 | 0 | 0 | 700 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
asian express mk ltd Credit Report and Business Information
Asian Express Mk Ltd Competitor Analysis
Perform a competitor analysis for asian express mk ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in MK6 area or any other competitors across 12 key performance metrics.
asian express mk ltd Ownership
ASIAN EXPRESS MK LTD group structure
Asian Express Mk Ltd has no subsidiary companies.
Ultimate parent company
ASIAN EXPRESS MK LTD
12227863
asian express mk ltd directors
Asian Express Mk Ltd currently has 1 director, Mr Hussen Ali serving since Oct 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hussen Ali | United Kingdom | 42 years | Oct 2024 | - | Director |
P&L
September 2023turnover
134.7k
-22%
operating profit
-3.5k
0%
gross margin
28.3%
-18.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-2.1k
-2.55%
total assets
33.6k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
asian express mk ltd company details
company number
12227863
Type
Private limited with Share Capital
industry
56103 - Take away food shops and mobile food stands
incorporation date
September 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
5 summerson road, milton keynes, MK6 1LE
Bank
-
Legal Advisor
-
asian express mk 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 did not find charges/mortgages relating to asian express mk ltd.
asian express mk 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 ASIAN EXPRESS MK LTD. This can take several minutes, an email will notify you when this has completed.
asian express mk ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
