akon developments limited
akon developments limited Company Information
Company Number
NI028849
Website
-Registered Address
93 tummery road, dromore, co tyrone, BT78 3LJ
Industry
Non-trading company
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Shareholders
kevin o'neill 50%
romicom ltd 50%
akon developments limited Estimated Valuation
Pomanda estimates the enterprise value of AKON DEVELOPMENTS LIMITED at £99.7k based on a Turnover of £282.6k and 0.35x industry multiple (adjusted for size and gross margin).
akon developments limited Estimated Valuation
Pomanda estimates the enterprise value of AKON DEVELOPMENTS LIMITED at £0 based on an EBITDA of £0 and a 3.01x industry multiple (adjusted for size and gross margin).
akon developments limited Estimated Valuation
Pomanda estimates the enterprise value of AKON DEVELOPMENTS LIMITED at £50.3k based on Net Assets of £22.5k and 2.23x industry multiple (adjusted for liquidity).
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Akon Developments Limited Overview
Akon Developments Limited is a live company located in co tyrone, BT78 3LJ with a Companies House number of NI028849. It operates in the non-trading company sector, SIC Code 74990. Founded in October 1994, it's largest shareholder is kevin o'neill with a 50% stake. Akon Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £282.6k with declining growth in recent years.
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Akon Developments Limited Health Check
Pomanda's financial health check has awarded Akon Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
5 Weak
Size
annual sales of £282.6k, make it smaller than the average company (£3.3m)
- Akon Developments Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (2.7%)
- Akon Developments Limited
2.7% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (33.6%)
- Akon Developments Limited
33.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Akon Developments Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
- Akon Developments Limited
40 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Akon Developments Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £282.6k, this is more efficient (£137.7k)
- Akon Developments Limited
£137.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Akon Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (42 days)
- Akon Developments Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Akon Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Akon Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.2%, this is a higher level of debt than the average (47.7%)
78.2% - Akon Developments Limited
47.7% - Industry AVG
akon developments limited Credit Report and Business Information
Akon Developments Limited Competitor Analysis
Perform a competitor analysis for akon developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
akon developments limited Ownership
AKON DEVELOPMENTS LIMITED group structure
Akon Developments Limited has no subsidiary companies.
Ultimate parent company
AKON DEVELOPMENTS LIMITED
NI028849
akon developments limited directors
Akon Developments Limited currently has 2 directors. The longest serving directors include Mr Adrian O'Neill (Oct 1994) and Mr Kevin O'Neill (Oct 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian O'Neill | 58 years | Oct 1994 | - | Director | |
| Mr Kevin O'Neill | 65 years | Oct 1994 | - | Director |
AKON DEVELOPMENTS LIMITED financials
Akon Developments Limited's latest turnover from November 2022 is estimated at £282.6 thousand and the company has net assets of £22.5 thousand. According to their latest financial statements, we estimate that Akon Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 103,500 | 103,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 103,500 | 103,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 0 |
| Trade Debtors | 0 | 0 | 103,500 | 103,500 | 103,500 | 103,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 0 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 0 |
| total assets | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 103,500 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 80,973 | 0 |
| net assets | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 0 |
| total shareholders funds | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 22,527 | 0 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -103,500 | 0 | 0 | 0 | 0 | 0 | 0 | 103,500 | 0 |
| Debtors | 0 | -103,500 | 0 | 0 | 0 | 103,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80,973 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
November 2022turnover
282.6k
-2%
operating profit
0
0%
gross margin
17.3%
+8.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
22.5k
0%
total assets
103.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
akon developments limited company details
company number
NI028849
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
October 1994
age
30
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
93 tummery road, dromore, co tyrone, BT78 3LJ
last accounts submitted
November 2022
akon developments 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 1 charges/mortgages relating to akon developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
akon developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
