ash wholesale limited
ash wholesale limited Company Information
Company Number
SC529017
Website
-Registered Address
klm, 1st floor 153 queen street, glasgow, G1 3BJ
Industry
Wholesale of meat and meat products
Telephone
01413548970
Next Accounts Due
April 2024
Group Structure
View All
Directors
Majid Hussain7 Years
Shareholders
majid hussain 100%
ash wholesale limited Estimated Valuation
The estimated valuation range for ash wholesale limited, derived from financial data as of March 2019 and the most recent industry multiples, is between £944.2k to £2.2m
ash wholesale limited Estimated Valuation
The estimated valuation range for ash wholesale limited, derived from financial data as of March 2019 and the most recent industry multiples, is between £944.2k to £2.2m
ash wholesale limited Estimated Valuation
The estimated valuation range for ash wholesale limited, derived from financial data as of March 2019 and the most recent industry multiples, is between £944.2k to £2.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Ash Wholesale Limited Overview
Ash Wholesale Limited is a dissolved company that was located in glasgow, G1 3BJ with a Companies House number of SC529017. It operated in the wholesale of meat and meat products sector, SIC Code 46320. Founded in March 2016, it's largest shareholder was majid hussain with a 100% stake. The last turnover for Ash Wholesale Limited was estimated at £3.6m.
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Ash Wholesale Limited Health Check
Pomanda's financial health check has awarded Ash Wholesale Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£16.2m)
£3.6m - Ash Wholesale Limited
£16.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ash Wholesale Limited
- - Industry AVG
Production
with a gross margin of 21.1%, this company has a lower cost of product (13.1%)
21.1% - Ash Wholesale Limited
13.1% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (1.9%)
12% - Ash Wholesale Limited
1.9% - Industry AVG
Employees
with 11 employees, this is below the industry average (45)
- Ash Wholesale Limited
45 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Ash Wholesale Limited
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £329.1k, this is equally as efficient (£355.3k)
- Ash Wholesale Limited
£355.3k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (32 days)
29 days - Ash Wholesale Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (29 days)
8 days - Ash Wholesale Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 34 days, this is more than average (15 days)
34 days - Ash Wholesale Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Ash Wholesale Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (62.2%)
26.5% - Ash Wholesale Limited
62.2% - Industry AVG
ash wholesale limited Credit Report and Business Information
Ash Wholesale Limited Competitor Analysis
Perform a competitor analysis for ash wholesale limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
ash wholesale limited Ownership
ASH WHOLESALE LIMITED group structure
Ash Wholesale Limited has no subsidiary companies.
Ultimate parent company
ASH WHOLESALE LIMITED
SC529017
ash wholesale limited directors
Ash Wholesale Limited currently has 1 director, Mr Majid Hussain serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Majid Hussain | United Kingdom | 36 years | Nov 2016 | - | Director |
ASH WHOLESALE LIMITED financials
Ash Wholesale Limited's latest turnover from March 2019 is £3.6 million and the company has net assets of £470.5 thousand. According to their latest financial statements, we estimate that Ash Wholesale Limited has 11 employees and maintains cash reserves of £8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|
| Turnover | 3,620,456 | 3,062,965 | 301,678 |
| Other Income Or Grants | 0 | 0 | 0 |
| Cost Of Sales | 2,857,046 | 2,641,529 | 244,802 |
| Gross Profit | 763,410 | 421,436 | 56,876 |
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | 439,939 | 101,625 | 43,534 |
| Tax | -86,628 | -19,309 | -8,707 |
| Profit After Tax | 353,311 | 82,316 | 34,827 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 353,311 | 82,316 | 34,827 |
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|
| Tangible Assets | 64,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 64,000 | 0 | 0 |
| Stock & work in progress | 273,625 | 109,500 | 32,500 |
| Trade Debtors | 294,322 | 25,332 | 125 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 8,016 | 1,621 | 10,910 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 575,963 | 136,453 | 43,535 |
| total assets | 639,963 | 136,453 | 43,535 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 63,571 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 105,937 | 19,309 | 8,707 |
| total current liabilities | 169,508 | 19,309 | 8,707 |
| 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 | 169,508 | 19,309 | 8,707 |
| net assets | 470,455 | 117,144 | 34,828 |
| total shareholders funds | 470,455 | 117,144 | 34,828 |
| Mar 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -86,628 | -19,309 | -8,707 |
| Stock | 164,125 | 77,000 | 32,500 |
| Debtors | 268,990 | 25,207 | 125 |
| Creditors | 63,571 | 0 | 0 |
| Accruals and Deferred Income | 86,628 | 10,602 | 8,707 |
| 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 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 1 |
| cash and cash equivalents | |||
| cash | 6,395 | -9,289 | 10,910 |
| overdraft | 0 | 0 | 0 |
| change in cash | 6,395 | -9,289 | 10,910 |
P&L
March 2019turnover
3.6m
+18%
operating profit
436.2k
0%
gross margin
21.1%
+53.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
470.5k
+3.02%
total assets
640k
+3.69%
cash
8k
+3.95%
net assets
Total assets minus all liabilities
ash wholesale limited company details
company number
SC529017
Type
Private limited with Share Capital
industry
46320 - Wholesale of meat and meat products
incorporation date
March 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
premium wholesale limited (December 2016)
incorporated
UK
address
klm, 1st floor 153 queen street, glasgow, G1 3BJ
last accounts submitted
March 2019
ash wholesale 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 ash wholesale limited.
ash wholesale limited Companies House Filings - See Documents
| date | description | view/download |
|---|
