affair clothing ltd Company Information
Company Number
08125905
Website
loveaffairclothing.comRegistered Address
unit 1 36 park street, manchester, M3 1ET
Industry
Wholesale of clothing and footwear
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Jawed Chowdhary11 Years
Shareholders
jawed ahmed chowdhary 100%
affair clothing ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFAIR CLOTHING LTD at £161.4k based on a Turnover of £569k and 0.28x industry multiple (adjusted for size and gross margin).
affair clothing ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFAIR CLOTHING LTD at £0 based on an EBITDA of £-146.9k and a 3.49x industry multiple (adjusted for size and gross margin).
affair clothing ltd Estimated Valuation
Pomanda estimates the enterprise value of AFFAIR CLOTHING LTD at £4.4m based on Net Assets of £2.4m and 1.85x industry multiple (adjusted for liquidity).
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Affair Clothing Ltd Overview
Affair Clothing Ltd is a live company located in manchester, M3 1ET with a Companies House number of 08125905. It operates in the wholesale of clothing and footwear sector, SIC Code 46420. Founded in July 2012, it's largest shareholder is jawed ahmed chowdhary with a 100% stake. Affair Clothing Ltd is a established, small sized company, Pomanda has estimated its turnover at £569k with declining growth in recent years.
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Affair Clothing Ltd Health Check
Pomanda's financial health check has awarded Affair Clothing Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £569k, make it smaller than the average company (£16.5m)
- Affair Clothing Ltd
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (4.2%)
- Affair Clothing Ltd
4.2% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
- Affair Clothing Ltd
30.9% - Industry AVG
Profitability
an operating margin of -28.6% make it less profitable than the average company (4.1%)
- Affair Clothing Ltd
4.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (47)
4 - Affair Clothing Ltd
47 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
- Affair Clothing Ltd
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £142.3k, this is less efficient (£332.1k)
- Affair Clothing Ltd
£332.1k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (42 days)
- Affair Clothing Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (37 days)
- Affair Clothing Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 187 days, this is more than average (135 days)
- Affair Clothing Ltd
135 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1113 weeks, this is more cash available to meet short term requirements (10 weeks)
1113 weeks - Affair Clothing Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.2%, this is a lower level of debt than the average (59.9%)
2.2% - Affair Clothing Ltd
59.9% - Industry AVG
affair clothing ltd Credit Report and Business Information
Affair Clothing Ltd Competitor Analysis
Perform a competitor analysis for affair clothing ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
affair clothing ltd Ownership
AFFAIR CLOTHING LTD group structure
Affair Clothing Ltd has no subsidiary companies.
Ultimate parent company
AFFAIR CLOTHING LTD
08125905
affair clothing ltd directors
Affair Clothing Ltd currently has 1 director, Mr Jawed Chowdhary serving since Jul 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jawed Chowdhary | 56 years | Jul 2012 | - | Director |
AFFAIR CLOTHING LTD financials
Affair Clothing Ltd's latest turnover from July 2023 is estimated at £569 thousand and the company has net assets of £2.4 million. According to their latest financial statements, Affair Clothing Ltd has 4 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4 | 5 | 4 | 5 | 3 | 3 | 4 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 496,221 | 719,587 | 723,286 | 619,715 | 576,778 | 368,454 | 212 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 496,221 | 719,587 | 723,286 | 619,715 | 576,778 | 368,454 | 212 | 0 | 0 | 0 | 0 |
Stock & work in progress | 201,652 | 310,150 | 160,284 | 382,321 | 286,637 | 260,872 | 193,378 | 91,148 | 48,783 | 0 | 0 |
Trade Debtors | 38,037 | 223,854 | 333,690 | 132,468 | 712,941 | 904,069 | 1,022,196 | 1,417,136 | 1,222,960 | 643,750 | 854,782 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 219,409 | 514,015 | 438,936 | 79,652 | 31,243 | 12,388 | 3,349 | 0 | 0 | 0 | 0 |
Cash | 1,124,353 | 1,324,947 | 431,657 | 1,456,666 | 1,148,473 | 1,471,942 | 908,849 | 64,583 | 723,190 | 591,904 | 668,973 |
misc current assets | 360,832 | 294,836 | 1,036,020 | 0 | 0 | 0 | 0 | 0 | 0 | 465,143 | 0 |
total current assets | 1,944,283 | 2,667,802 | 2,400,587 | 2,051,107 | 2,179,294 | 2,649,271 | 2,127,772 | 1,572,867 | 1,994,933 | 1,700,797 | 1,523,755 |
total assets | 2,440,504 | 3,387,389 | 3,123,873 | 2,670,822 | 2,756,072 | 3,017,725 | 2,127,984 | 1,572,867 | 1,994,933 | 1,700,797 | 1,523,755 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 41,357 | 163,877 | 174,263 | 134,710 | 242,541 | 430,576 | 419,915 | 1,232,243 | 1,899,311 | 1,487,301 | 1,444,023 |
Group/Directors Accounts | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 11,159 | 486,463 | 275,832 | 181,383 | 195,649 | 621,829 | 723,582 | 0 | 0 | 0 | 0 |
total current liabilities | 52,516 | 650,340 | 450,095 | 316,093 | 438,190 | 1,052,405 | 1,143,497 | 1,232,243 | 1,899,311 | 1,487,301 | 1,444,023 |
loans | 0 | 234,491 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 234,491 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 52,516 | 884,831 | 700,095 | 316,093 | 438,190 | 1,052,405 | 1,143,497 | 1,232,243 | 1,899,311 | 1,487,301 | 1,444,023 |
net assets | 2,387,988 | 2,502,558 | 2,423,778 | 2,354,729 | 2,317,882 | 1,965,320 | 984,487 | 340,624 | 95,622 | 213,496 | 79,732 |
total shareholders funds | 2,387,988 | 2,502,558 | 2,423,778 | 2,354,729 | 2,317,882 | 1,965,320 | 984,487 | 340,624 | 95,622 | 213,496 | 79,732 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 16,003 | 23,371 | 19,436 | 15,112 | 9,702 | 2,212 | 53 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||
Stock | -108,498 | 149,866 | -222,037 | 95,684 | 25,765 | 67,494 | 102,230 | 42,365 | 48,783 | 0 | 0 |
Debtors | -480,423 | -34,757 | 560,506 | -532,064 | -172,273 | -109,088 | -391,591 | 194,176 | 579,210 | -211,032 | 854,782 |
Creditors | -122,520 | -10,386 | 39,553 | -107,831 | -188,035 | 10,661 | -812,328 | -667,068 | 412,010 | 43,278 | 1,444,023 |
Accruals and Deferred Income | -475,304 | 210,631 | 94,449 | -14,266 | -426,180 | -101,753 | 723,582 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 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 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 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 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -234,491 | -15,509 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 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 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | -200,594 | 893,290 | -1,025,009 | 308,193 | -323,469 | 563,093 | 844,266 | -658,607 | 131,286 | -77,069 | 668,973 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -200,594 | 893,290 | -1,025,009 | 308,193 | -323,469 | 563,093 | 844,266 | -658,607 | 131,286 | -77,069 | 668,973 |
P&L
July 2023turnover
569k
-57%
operating profit
-162.9k
0%
gross margin
31%
-0.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
2.4m
-0.05%
total assets
2.4m
-0.28%
cash
1.1m
-0.15%
net assets
Total assets minus all liabilities
affair clothing ltd company details
company number
08125905
Type
Private limited with Share Capital
industry
46420 - Wholesale of clothing and footwear
incorporation date
July 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 1 36 park street, manchester, M3 1ET
last accounts submitted
July 2023
affair clothing 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 found 1 charges/mortgages relating to affair clothing ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
affair clothing ltd Companies House Filings - See Documents
date | description | view/download |
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