avnek limited
avnek limited Company Information
Company Number
13035750
Website
-Registered Address
28 gibb lane, bromsgrove, birmingham, B61 0JP
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
189 days late
Group Structure
View All
Shareholders
tanmeet kaur singh 50%
gurpreet singh 50%
avnek limited Estimated Valuation
Pomanda estimates the enterprise value of AVNEK LIMITED at £17.3k based on a Turnover of £89.7k and 0.19x industry multiple (adjusted for size and gross margin).
avnek limited Estimated Valuation
Pomanda estimates the enterprise value of AVNEK LIMITED at £0 based on an EBITDA of £-6k and a 2.5x industry multiple (adjusted for size and gross margin).
avnek limited Estimated Valuation
Pomanda estimates the enterprise value of AVNEK LIMITED at £0 based on Net Assets of £-6k and 2.66x industry multiple (adjusted for liquidity).
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Avnek Limited Overview
Avnek Limited is a live company located in birmingham, B61 0JP with a Companies House number of 13035750. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 2020, it's largest shareholder is tanmeet kaur singh with a 50% stake. Avnek Limited is a startup, micro sized company, Pomanda has estimated its turnover at £89.7k with unknown growth in recent years.
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Avnek Limited Health Check
Pomanda's financial health check has awarded Avnek Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £89.7k, make it smaller than the average company (£808.7k)
- Avnek Limited
£808.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Avnek Limited
- - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (22.3%)
- Avnek Limited
22.3% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (3.7%)
- Avnek Limited
3.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Avnek Limited
14 - Industry AVG
Pay Structure
on an average salary of £14.9k, the company has an equivalent pay structure (£14.9k)
- Avnek Limited
£14.9k - Industry AVG
Efficiency
resulting in sales per employee of £44.9k, this is less efficient (£105.9k)
- Avnek Limited
£105.9k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (7 days)
- Avnek Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (26 days)
- Avnek Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Avnek Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Avnek Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 217.8%, this is a higher level of debt than the average (68.2%)
217.8% - Avnek Limited
68.2% - Industry AVG
AVNEK LIMITED financials
Avnek Limited's latest turnover from March 2022 is estimated at £89.7 thousand and the company has net assets of -£6 thousand. According to their latest financial statements, Avnek Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | |
|---|---|
| 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 100 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 100 |
| Stock & work in progress | 0 |
| Trade Debtors | 5,000 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 5,000 |
| total assets | 5,100 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 11,109 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 11,109 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 11,109 |
| net assets | -6,009 |
| total shareholders funds | -6,009 |
| Mar 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 0 |
| Debtors | 5,000 |
| Creditors | 11,109 |
| Accruals and Deferred Income | 0 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 100 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
avnek limited Credit Report and Business Information
Avnek Limited Competitor Analysis
Perform a competitor analysis for avnek limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
avnek limited Ownership
AVNEK LIMITED group structure
Avnek Limited has no subsidiary companies.
Ultimate parent company
AVNEK LIMITED
13035750
avnek limited directors
Avnek Limited currently has 2 directors. The longest serving directors include Mrs Tanmeet Singh (Nov 2020) and Mr Gurpreet Singh (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Tanmeet Singh | United Kingdom | 34 years | Nov 2020 | - | Director |
| Mr Gurpreet Singh | England | 37 years | Nov 2020 | - | Director |
P&L
March 2022turnover
89.7k
0%
operating profit
-6k
0%
gross margin
15.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-6k
0%
total assets
5.1k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
avnek limited company details
company number
13035750
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
November 2020
age
4
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
28 gibb lane, bromsgrove, birmingham, B61 0JP
last accounts submitted
March 2022
avnek 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 avnek limited.
avnek limited Companies House Filings - See Documents
| date | description | view/download |
|---|
