ekita ltd
ekita ltd Company Information
Company Number
12530808
Website
-Registered Address
16 handforth grove, manchester, M13 0UH
Industry
Residents property management
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
tariq razzaq 50%
kashif akhtar 50%
ekita ltd Estimated Valuation
Pomanda estimates the enterprise value of EKITA LTD at £511.1k based on a Turnover of £308.1k and 1.66x industry multiple (adjusted for size and gross margin).
ekita ltd Estimated Valuation
Pomanda estimates the enterprise value of EKITA LTD at £0 based on an EBITDA of £-18.4k and a 1.09x industry multiple (adjusted for size and gross margin).
ekita ltd Estimated Valuation
Pomanda estimates the enterprise value of EKITA LTD at £0 based on Net Assets of £-37.3k and 1.79x industry multiple (adjusted for liquidity).
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Ekita Ltd Overview
Ekita Ltd is a live company located in manchester, M13 0UH with a Companies House number of 12530808. It operates in the residents property management sector, SIC Code 98000. Founded in March 2020, it's largest shareholder is tariq razzaq with a 50% stake. Ekita Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £308.1k with unknown growth in recent years.
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Ekita Ltd Health Check
Pomanda's financial health check has awarded Ekita Ltd a 3 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 £308.1k, make it larger than the average company (£151k)
- Ekita Ltd
£151k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ekita Ltd
- - Industry AVG
Production
with a gross margin of 35%, this company has a higher cost of product (76.7%)
- Ekita Ltd
76.7% - Industry AVG
Profitability
an operating margin of -6% make it less profitable than the average company (9.4%)
- Ekita Ltd
9.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Ekita Ltd
6 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Ekita Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £102.7k, this is more efficient (£66.2k)
- Ekita Ltd
£66.2k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (32 days)
- Ekita Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 943 days, this is slower than average (30 days)
- Ekita Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ekita Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ekita Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107.8%, this is a higher level of debt than the average (53.8%)
107.8% - Ekita Ltd
53.8% - Industry AVG
EKITA LTD financials
Ekita Ltd's latest turnover from March 2023 is estimated at £308.1 thousand and the company has net assets of -£37.3 thousand. According to their latest financial statements, we estimate that Ekita Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 476,010 | 195,751 | 57,155 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 476,010 | 195,751 | 57,155 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 4,304 | 2,038 | 6,216 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 4,304 | 2,038 | 6,216 |
| total assets | 480,314 | 197,789 | 63,371 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 517,611 | 216,657 | 66,433 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 517,611 | 216,657 | 66,433 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 517,611 | 216,657 | 66,433 |
| net assets | -37,297 | -18,868 | -3,062 |
| total shareholders funds | -37,297 | -18,868 | -3,062 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 2,266 | -4,178 | 6,216 |
| Creditors | 300,954 | 150,224 | 66,433 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
ekita ltd Credit Report and Business Information
Ekita Ltd Competitor Analysis
Perform a competitor analysis for ekita ltd by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other micro companies, companies in M13 area or any other competitors across 12 key performance metrics.
ekita ltd Ownership
EKITA LTD group structure
Ekita Ltd has no subsidiary companies.
Ultimate parent company
EKITA LTD
12530808
ekita ltd directors
Ekita Ltd currently has 2 directors. The longest serving directors include Mr Tariq Razzaq (Mar 2020) and Mr Kashif Akhtar (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tariq Razzaq | 46 years | Mar 2020 | - | Director | |
| Mr Kashif Akhtar | United Kingdom | 49 years | Mar 2020 | - | Director |
P&L
March 2023turnover
308.1k
+232%
operating profit
-18.4k
0%
gross margin
35.1%
+8.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-37.3k
+0.98%
total assets
480.3k
+1.43%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ekita ltd company details
company number
12530808
Type
Private limited with Share Capital
industry
98000 - Residents property management
incorporation date
March 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
16 handforth grove, manchester, M13 0UH
Bank
-
Legal Advisor
-
ekita 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 ekita ltd.
ekita ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
