sovereign house, 184 nottingham road, nottingham, NG7 7BA
Website
-
ajit finance ltdEstimated Valuation
£656.5k
Pomanda estimates the enterprise value of AJIT FINANCE LTD at £656.5k based on a Turnover of £806.7k and 0.81x industry multiple (adjusted for size and gross margin).
ajit finance ltdEstimated Valuation
£108.3k
Pomanda estimates the enterprise value of AJIT FINANCE LTD at £108.3k based on an EBITDA of £24.7k and a 4.38x industry multiple (adjusted for size and gross margin).
ajit finance ltdEstimated Valuation
£358.4k
Pomanda estimates the enterprise value of AJIT FINANCE LTD at £358.4k based on Net Assets of £148.6k and 2.41x industry multiple (adjusted for liquidity).
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Ajit Finance LtdOverview
Ajit Finance Ltd is a live company located in nottingham, NG7 7BA with a Companies House number of 12553684. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in April 2020, it's largest shareholder is
sanjeet johal
with a 12% stake. Ajit Finance Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£806.7k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Ajit Finance Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
5 Regular
4 Weak
Size
annual sales of £806.7k, make it in line with the average company (£925.3k)
£806.7k - Ajit Finance Ltd
£925.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 148%, show it is growing at a faster rate (9.6%)
148% - Ajit Finance Ltd
9.6% - Industry AVG
Production
with a gross margin of 41.4%, this company has a comparable cost of product (41.4%)
41.4% - Ajit Finance Ltd
41.4% - Industry AVG
Profitability
an operating margin of 3.1% make it less profitable than the average company (6%)
3.1% - Ajit Finance Ltd
6% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
9 - Ajit Finance Ltd
14 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
£31.8k - Ajit Finance Ltd
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £89.6k, this is equally as efficient (£90.1k)
£89.6k - Ajit Finance Ltd
£90.1k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is near the average (30 days)
30 days - Ajit Finance Ltd
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ajit Finance Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ajit Finance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (46 weeks)
1 weeks - Ajit Finance Ltd
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (43.6%)
89.1% - Ajit Finance Ltd
43.6% - Industry AVG
AJIT FINANCE LTD financials
EXPORT
Ajit Finance Ltd's latest turnover from April 2024 is estimated at £806.7 thousand and the company has net assets of £148.6 thousand. According to their latest financial statements, we estimate that Ajit Finance Ltd has 9 employees and maintains cash reserves of £35.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Turnover
806,734
1,635,689
424,846
52,633
Other Income Or Grants
Cost Of Sales
472,344
957,062
251,314
32,061
Gross Profit
334,389
678,627
173,532
20,572
Admin Expenses
309,684
569,700
95,121
25,958
Operating Profit
24,705
108,927
78,411
-5,386
Interest Payable
3,626
12,369
9,020
Interest Receivable
7,530
7,813
474
5
Pre-Tax Profit
32,235
113,115
66,516
-14,401
Tax
-8,059
-28,279
-12,638
Profit After Tax
24,176
84,836
53,878
-14,401
Dividends Paid
Retained Profit
24,176
84,836
53,878
-14,401
Employee Costs
286,244
581,274
174,986
27,653
Number Of Employees
9
19
6
1
EBITDA*
24,705
108,927
78,411
-5,386
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
67,560
141,465
38,780
2,815
Group Debtors
1,225,826
1,510,826
1,558,599
1,808,599
Misc Debtors
35,000
Cash
35,636
251,212
116,472
10,000
misc current assets
total current assets
1,364,022
1,903,503
1,713,851
1,821,414
total assets
1,364,022
1,903,503
1,713,851
1,821,414
Bank overdraft
Bank loan
Trade Creditors
15,716
Group/Directors Accounts
1,205,849
1,757,000
1,592,751
1,522,751
other short term finances
70,748
295,748
hp & lease commitments
other current liabilities
9,584
22,090
10,775
1,500
total current liabilities
1,215,433
1,779,090
1,674,274
1,835,715
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,215,433
1,779,090
1,674,274
1,835,715
net assets
148,589
124,413
39,577
-14,301
total shareholders funds
148,589
124,413
39,577
-14,301
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Operating Activities
Operating Profit
24,705
108,927
78,411
-5,386
Depreciation
Amortisation
Tax
-8,059
-28,279
-12,638
Stock
Debtors
-323,905
54,912
-214,035
1,811,414
Creditors
-15,716
15,716
Accruals and Deferred Income
-12,506
11,315
9,275
1,500
Deferred Taxes & Provisions
Cash flow from operations
328,045
37,051
273,367
-1,799,584
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-551,151
164,249
70,000
1,522,751
Other Short Term Loans
-70,748
-225,000
295,748
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
7,530
4,187
-11,895
-9,015
cash flow from financing
-543,621
97,688
-166,895
1,809,584
cash and cash equivalents
cash
-215,576
134,740
106,472
10,000
overdraft
change in cash
-215,576
134,740
106,472
10,000
ajit finance ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for ajit finance ltd. Get real-time insights into ajit finance ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ajit finance ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in NG7 area or any other competitors across 12 key performance metrics.
ajit finance ltd Ownership
AJIT FINANCE LTD group structure
Ajit Finance Ltd has no subsidiary companies.
Ultimate parent company
AJIT FINANCE LTD
12553684
AJIT FINANCE LTD Shareholders
The largest shareholders in Ajit Finance Ltd include Sanjeet Johal and Richard Johal.
sanjeet johal
12%
richard johal
12%
nicholas johal
12%
mohinder johal
12%
robert johal
12%
michael johal
12%
harjeet johal
12%
mandeep johal
12%
michael k. johal trust
2%
mohinder s. johal trust
2%
ajit finance ltd directors
Ajit Finance Ltd currently has 2 directors.
The longest serving directors include
Mr Sanjeet Johal (Apr 2020) and
Mr Robert Johal (Apr 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024
net assets
148.6k
+0.19%
total assets
1.4m
-0.28%
cash
35.6k
-0.86%
net assets
Total assets minus all liabilities
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ajit finance ltd company details
company number
12553684
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
April 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
sovereign house, 184 nottingham road, nottingham, NG7 7BA
Bank
-
Legal Advisor
-
ajit finance 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 ajit finance ltd.
ajit finance 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.
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ajit finance ltdCompanies House Filings - See Documents
