akoya reitco limited
akoya reitco limited Company Information
Company Number
12231633
Next Accounts
Sep 2025
Shareholders
akoya general partner limited
Group Structure
View All
Industry
Activities of real estate investment trusts
Registered Address
55 baker street, london, W1U 7EU
Website
-akoya reitco limited Estimated Valuation
Pomanda estimates the enterprise value of AKOYA REITCO LIMITED at £56.3m based on a Turnover of £13.6m and 4.13x industry multiple (adjusted for size and gross margin).
akoya reitco limited Estimated Valuation
Pomanda estimates the enterprise value of AKOYA REITCO LIMITED at £0 based on an EBITDA of £-12.5m and a 9.35x industry multiple (adjusted for size and gross margin).
akoya reitco limited Estimated Valuation
Pomanda estimates the enterprise value of AKOYA REITCO LIMITED at £303m based on Net Assets of £172.7m and 1.76x industry multiple (adjusted for liquidity).
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Akoya Reitco Limited Overview
Akoya Reitco Limited is a live company located in london, W1U 7EU with a Companies House number of 12231633. It operates in the activities of real estate investment trusts sector, SIC Code 64306. Founded in September 2019, it's largest shareholder is akoya general partner limited with a 100% stake. Akoya Reitco Limited is a young, mid sized company, Pomanda has estimated its turnover at £13.6m with high growth in recent years.
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Akoya Reitco Limited Health Check
Pomanda's financial health check has awarded Akoya Reitco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £13.6m, make it larger than the average company (£2.9m)
£13.6m - Akoya Reitco Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6.7%)
23% - Akoya Reitco Limited
6.7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (80.6%)
100% - Akoya Reitco Limited
80.6% - Industry AVG
Profitability
an operating margin of -91.7% make it less profitable than the average company (9.1%)
-91.7% - Akoya Reitco Limited
9.1% - Industry AVG
Employees
with 29 employees, this is above the industry average (4)
- Akoya Reitco Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Akoya Reitco Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £470.5k, this is equally as efficient (£477k)
- Akoya Reitco Limited
£477k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (33 days)
59 days - Akoya Reitco Limited
33 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Akoya Reitco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Akoya Reitco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (17 weeks)
9 weeks - Akoya Reitco Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.8%, this is a higher level of debt than the average (41.3%)
59.8% - Akoya Reitco Limited
41.3% - Industry AVG
AKOYA REITCO LIMITED financials
Akoya Reitco Limited's latest turnover from December 2023 is £13.6 million and the company has net assets of £172.7 million. According to their latest financial statements, we estimate that Akoya Reitco Limited has 29 employees and maintains cash reserves of £13.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 13,644,389 | 14,039,970 | 9,121,259 | 7,419,284 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 0 | 0 | 0 |
| Gross Profit | 13,644,389 | 14,039,970 | 9,121,259 | 7,419,284 |
| Admin Expenses | 26,160,018 | 21,876,465 | -7,848,748 | 8,916,850 |
| Operating Profit | -12,515,629 | -7,836,495 | 16,970,007 | -1,497,566 |
| Interest Payable | 12,921,806 | 5,411,733 | 1,693,560 | 953,488 |
| Interest Receivable | 1,444,017 | 37 | 0 | 302 |
| Pre-Tax Profit | -25,022,926 | -11,492,286 | 15,276,447 | -2,450,752 |
| Tax | -485,096 | 22,749 | 131,192 | 274,470 |
| Profit After Tax | -25,508,022 | -11,469,537 | 15,407,639 | -2,176,282 |
| Dividends Paid | 0 | 5,046,212 | 0 | 0 |
| Retained Profit | -25,508,022 | -16,515,749 | 15,407,639 | -2,176,282 |
| Employee Costs | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | ||
| EBITDA* | -12,515,629 | -7,836,495 | 16,970,007 | -1,497,566 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 409,321,750 | 373,034,000 | 352,735,650 | 184,985,650 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 409,321,750 | 373,034,000 | 352,735,650 | 184,985,650 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,222,607 | 2,211,435 | 1,466,603 | 1,021,535 |
| Group Debtors | 0 | 23,994 | 43,940 | 0 |
| Misc Debtors | 2,768,145 | 2,186,303 | 1,162,304 | 5,215,312 |
| Cash | 13,467,716 | 24,183,425 | 5,327,259 | 5,269,707 |
| misc current assets | 2,024,397 | 3,053,905 | 0 | 0 |
| total current assets | 20,482,865 | 31,659,062 | 8,000,106 | 11,506,554 |
| total assets | 429,804,615 | 404,693,062 | 360,735,756 | 196,492,204 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,427,749 | 5,220,630 | 1,092,678 | 568,210 |
| Group/Directors Accounts | 4,098,090 | 4,097,116 | 66,133,326 | 5,376,219 |
| other short term finances | 53,074,655 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 9,951,317 | 8,701,263 | 5,095,334 | 3,461,620 |
| total current liabilities | 70,551,811 | 18,019,009 | 72,321,338 | 9,406,049 |
| loans | 186,587,615 | 207,754,763 | 124,881,267 | 108,173,397 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 186,587,615 | 207,754,763 | 124,881,267 | 108,173,397 |
| total liabilities | 257,139,426 | 225,773,772 | 197,202,605 | 117,579,446 |
| net assets | 172,665,189 | 178,919,290 | 163,533,151 | 78,912,758 |
| total shareholders funds | 172,665,189 | 178,919,290 | 163,533,151 | 78,912,758 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -12,515,629 | -7,836,495 | 16,970,007 | -1,497,566 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -485,096 | 22,749 | 131,192 | 274,470 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 569,020 | 1,748,885 | -3,564,000 | 6,236,847 |
| Creditors | -1,792,881 | 4,127,952 | 524,468 | 568,210 |
| Accruals and Deferred Income | 1,250,054 | 3,605,929 | 1,633,714 | 3,461,620 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -14,112,572 | -1,828,750 | 22,823,381 | -3,430,113 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | ||
| Change in Investments | 36,287,750 | 20,298,350 | 167,750,000 | 184,985,650 |
| cash flow from investments | -36,287,750 | -20,298,350 | ||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 974 | -62,036,210 | 60,757,107 | 5,376,219 |
| Other Short Term Loans | 53,074,655 | 0 | 0 | 0 |
| Long term loans | -21,167,148 | 82,873,496 | 16,707,870 | 108,173,397 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -11,477,789 | -5,411,696 | -1,693,560 | -953,186 |
| cash flow from financing | 39,684,613 | 47,327,478 | 144,984,171 | 193,685,470 |
| cash and cash equivalents | ||||
| cash | -10,715,709 | 18,856,166 | 57,552 | 5,269,707 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -10,715,709 | 18,856,166 | 57,552 | 5,269,707 |
akoya reitco limited Credit Report and Business Information
Akoya Reitco Limited Competitor Analysis
Perform a competitor analysis for akoya reitco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in W1U area or any other competitors across 12 key performance metrics.
akoya reitco limited Ownership
AKOYA REITCO LIMITED group structure
Akoya Reitco Limited has 3 subsidiary companies.
Ultimate parent company
2 parents
AKOYA REITCO LIMITED
12231633
3 subsidiaries
akoya reitco limited directors
Akoya Reitco Limited currently has 3 directors. The longest serving directors include Mr David Turner (Sep 2019) and Mr Norman Cahoon (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Turner | United Kingdom | 56 years | Sep 2019 | - | Director |
| Mr Norman Cahoon | United Kingdom | 45 years | Oct 2019 | - | Director |
| Mr Devesh Nigam | England | 37 years | Oct 2019 | - | Director |
P&L
December 2023turnover
13.6m
-3%
operating profit
-12.5m
+60%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
172.7m
-0.03%
total assets
429.8m
+0.06%
cash
13.5m
-0.44%
net assets
Total assets minus all liabilities
akoya reitco limited company details
company number
12231633
Type
Private limited with Share Capital
industry
64306 - Activities of real estate investment trusts
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
55 baker street, london, W1U 7EU
Bank
-
Legal Advisor
-
akoya reitco 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 akoya reitco limited.
akoya reitco limited 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.
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akoya reitco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
