Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
23 woodside road, oadby, leicester, LE2 4SE
Website
-
aavaar homes ltdEstimated Valuation
£2.4m
Pomanda estimates the enterprise value of AAVAAR HOMES LTD at £2.4m based on a Turnover of £1m and 2.34x industry multiple (adjusted for size and gross margin).
aavaar homes ltdEstimated Valuation
£59.1k
Pomanda estimates the enterprise value of AAVAAR HOMES LTD at £59.1k based on an EBITDA of £12.9k and a 4.57x industry multiple (adjusted for size and gross margin).
aavaar homes ltdEstimated Valuation
£15.8k
Pomanda estimates the enterprise value of AAVAAR HOMES LTD at £15.8k based on Net Assets of £9.4k and 1.68x industry multiple (adjusted for liquidity).
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Aavaar Homes LtdOverview
Aavaar Homes Ltd is a live company located in leicester, LE2 4SE with a Companies House number of 13697620. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2021, it's largest shareholder is
rakesh patel
with a 50% stake. Aavaar Homes Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£1m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Aavaar Homes Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £1m, make it in line with the average company (£845k)
£1m - Aavaar Homes Ltd
£845k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Aavaar Homes Ltd
- - Industry AVG
Production
with a gross margin of 30.3%, this company has a higher cost of product (73.1%)
30.3% - Aavaar Homes Ltd
73.1% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (27%)
1.3% - Aavaar Homes Ltd
27% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Aavaar Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
£31.9k - Aavaar Homes Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £334.8k, this is more efficient (£180.2k)
£334.8k - Aavaar Homes Ltd
£180.2k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (32 days)
104 days - Aavaar Homes Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (35 days)
6 days - Aavaar Homes Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aavaar Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Aavaar Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (67.7%)
99.3% - Aavaar Homes Ltd
67.7% - Industry AVG
AAVAAR HOMES LTD financials
EXPORT
Aavaar Homes Ltd's latest turnover from October 2023 is estimated at £1 million and the company has net assets of £9.4 thousand. According to their latest financial statements, we estimate that Aavaar Homes Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Turnover
1,004,346
1,225,254
Other Income Or Grants
Cost Of Sales
700,474
870,608
Gross Profit
303,872
354,646
Admin Expenses
290,935
354,965
Operating Profit
12,937
-319
Interest Payable
Interest Receivable
Pre-Tax Profit
12,937
-319
Tax
-3,234
Profit After Tax
9,703
-319
Dividends Paid
Retained Profit
9,703
-319
Employee Costs
95,760
91,919
Number Of Employees
3
3
EBITDA*
12,937
-319
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Tangible Assets
984,832
916,432
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
984,832
916,432
Stock & work in progress
Trade Debtors
286,881
345,200
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
286,881
345,200
total assets
1,271,713
1,261,632
Bank overdraft
Bank loan
Trade Creditors
12,329
11,951
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
12,329
11,951
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,250,000
1,250,000
provisions
total long term liabilities
1,250,000
1,250,000
total liabilities
1,262,329
1,261,951
net assets
9,384
-319
total shareholders funds
9,384
-319
Oct 2023
Oct 2022
Operating Activities
Operating Profit
12,937
-319
Depreciation
Amortisation
Tax
-3,234
Stock
Debtors
-58,319
345,200
Creditors
378
11,951
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
68,400
-333,568
Investing Activities
capital expenditure
-68,400
-916,432
Change in Investments
cash flow from investments
-68,400
-916,432
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,250,000
share issue
interest
cash flow from financing
1,250,000
cash and cash equivalents
cash
overdraft
change in cash
aavaar homes 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 aavaar homes ltd. Get real-time insights into aavaar homes ltd's credit score, group structure and payment trends.
Perform a competitor analysis for aavaar homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LE2 area or any other competitors across 12 key performance metrics.
aavaar homes ltd Ownership
AAVAAR HOMES LTD group structure
Aavaar Homes Ltd has no subsidiary companies.
Ultimate parent company
AAVAAR HOMES LTD
13697620
AAVAAR HOMES LTD Shareholders
The largest shareholders in Aavaar Homes Ltd include Rakesh Patel and Aarti Patel.
rakesh patel
50%
aarti patel
50%
aavaar homes ltd directors
Aavaar Homes Ltd currently has 1 director, Mr Rakesh Patel serving since Oct 2021.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023
net assets
9.4k
-30.42%
total assets
1.3m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
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aavaar homes ltd company details
company number
13697620
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
23 woodside road, oadby, leicester, LE2 4SE
Bank
-
Legal Advisor
-
aavaar homes 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 aavaar homes ltd.
aavaar homes 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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aavaar homes ltdCompanies House Filings - See Documents
