afm wealth limited

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afm wealth limited Company Information

Share AFM WEALTH LIMITED

Company Number

12348752

Directors

Spencer Watt

Hayley Broad

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Shareholders

mark eaton

spencer robert watt

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Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

the bull yard, r/o 75 high street, ashford, kent, TN24 8SN

Website

-

afm wealth limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AFM WEALTH LIMITED at £0 based on a Turnover of £0 and 1.31x industry multiple (adjusted for size and gross margin).

afm wealth limited Estimated Valuation

£5.1m

Pomanda estimates the enterprise value of AFM WEALTH LIMITED at £5.1m based on an EBITDA of £1.1m and a 4.51x industry multiple (adjusted for size and gross margin).

afm wealth limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of AFM WEALTH LIMITED at £2.6m based on Net Assets of £1.9m and 1.34x industry multiple (adjusted for liquidity).

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Afm Wealth Limited Overview

Afm Wealth Limited is a live company located in ashford, TN24 8SN with a Companies House number of 12348752. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in December 2019, it's largest shareholder is mark eaton with a 46.4% stake. Afm Wealth Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Afm Wealth Limited Health Check

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Health Rating0out of 5
positive_score

0 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

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growth

Growth

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production

Production

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profitability

Profitability

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employees

Employees

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paystructure

Pay Structure

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efficiency

Efficiency

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debtordays

Debtor Days

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creditordays

Creditor Days

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stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)

- - Afm Wealth Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (68.8%)

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AFM WEALTH LIMITED financials

EXPORTms excel logo

Afm Wealth Limited's latest turnover from January 2024 is estimated at 0 and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Afm Wealth Limited has no employees and maintains cash reserves of £46.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021
Turnover255,991
Other Income Or Grants
Cost Of Sales111,004
Gross Profit144,987
Admin Expenses-658,766-67,693-70,288-43,493
Operating Profit658,766212,68070,28843,493
Interest Payable529,071222,52056,90530,582
Interest Receivable10,00010,0891,807602
Pre-Tax Profit139,69524915,19013,512
Tax-34,924-47-2,886-2,567
Profit After Tax104,77120212,30410,945
Dividends Paid
Retained Profit104,77120212,30410,945
Employee Costs148,104
Number Of Employees2
EBITDA*1,137,384319,417168,28843,493

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021
Tangible Assets
Intangible Assets5,087,4651,477,095882,000
Investments & Other10,068,52110,209,8066,567,0132,691,524
Debtors (Due After 1 year)
Total Fixed Assets15,155,98611,686,9017,449,0132,691,524
Stock & work in progress
Trade Debtors22,800
Group Debtors147,793147,793138,51646,500
Misc Debtors
Cash46,185334,756241,7401,204,016
misc current assets
total current assets193,978505,349380,2561,250,516
total assets15,349,96412,192,2507,829,2693,942,040
Bank overdraft
Bank loan396,000396,000192,578184,298
Trade Creditors
Group/Directors Accounts1,902,7241,314,897
other short term finances
hp & lease commitments
other current liabilities1,278,0601,965,4691,166,463
total current liabilities3,576,7843,676,3661,359,041184,298
loans5,143,3353,470,378625,669818,402
hp & lease commitments
Accruals and Deferred Income
other liabilities4,681,5233,201,9554,001,2101,108,295
provisions
total long term liabilities9,824,8586,672,3334,626,8791,926,697
total liabilities13,401,64210,348,6995,985,9202,110,995
net assets1,948,3221,843,5511,843,3491,831,045
total shareholders funds1,948,3221,843,5511,843,3491,831,045
Jan 2024Jan 2023Jan 2022Jan 2021
Operating Activities
Operating Profit658,766212,68070,28843,493
Depreciation
Amortisation478,618106,73798,000
Tax-34,924-47-2,886-2,567
Stock
Debtors-22,80032,07792,01646,500
Creditors
Accruals and Deferred Income-687,409799,0061,166,463
Deferred Taxes & Provisions
Cash flow from operations437,8511,086,2991,239,849-5,574
Investing Activities
capital expenditure-4,088,988-701,832-980,000
Change in Investments-141,2853,642,7933,875,4892,691,524
cash flow from investments-3,947,703-4,344,625-4,855,489-2,691,524
Financing Activities
Bank loans203,4228,280184,298
Group/Directors Accounts587,8271,314,897
Other Short Term Loans
Long term loans1,672,9572,844,709-192,733818,402
Hire Purchase and Lease Commitments
other long term liabilities1,479,568-799,2552,892,9151,108,295
share issue1,820,100
interest-519,071-212,431-55,098-29,980
cash flow from financing3,221,2813,351,3422,653,3643,901,115
cash and cash equivalents
cash-288,57193,016-962,2761,204,016
overdraft
change in cash-288,57193,016-962,2761,204,016

afm wealth limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Afm Wealth Limited Competitor Analysis

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Perform a competitor analysis for afm wealth limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in TN24 area or any other competitors across 12 key performance metrics.

afm wealth limited Ownership

AFM WEALTH LIMITED Shareholders

mark eaton 46.35%
spencer robert watt 46.35%
hayley victoria broad 7.13%
philip nigel hughes 0.16%

afm wealth limited directors

Afm Wealth Limited currently has 4 directors. The longest serving directors include Mr Spencer Watt (Dec 2019) and Mrs Hayley Broad (Dec 2019).

officercountryagestartendrole
Mr Spencer WattUnited Kingdom55 years Dec 2019- Director
Mrs Hayley BroadUnited Kingdom46 years Dec 2019- Director
Mr Mark EatonEngland60 years Dec 2019- Director
Mr Philip HughesUnited Kingdom59 years Feb 2020- Director

P&L

January 2024

turnover

0

-100%

operating profit

658.8k

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

1.9m

+0.06%

total assets

15.3m

+0.26%

cash

46.2k

-0.86%

net assets

Total assets minus all liabilities

afm wealth limited company details

company number

12348752

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

December 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

January 2024

previous names

N/A

accountant

HARRISON HILL CASTLE & CO

auditor

-

address

the bull yard, r/o 75 high street, ashford, kent, TN24 8SN

Bank

-

Legal Advisor

-

afm wealth 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 4 charges/mortgages relating to afm wealth limited. Currently there are 2 open charges and 2 have been satisfied in the past.

afm wealth 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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afm wealth limited Companies House Filings - See Documents

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