affair clothing ltd

3.5

affair clothing ltd Company Information

Share AFFAIR CLOTHING LTD
Live 
EstablishedSmallDeclining

Company Number

08125905

Registered Address

unit 1 36 park street, manchester, M3 1ET

Industry

Wholesale of clothing and footwear

 

Telephone

-

Next Accounts Due

April 2025

Group Structure

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Directors

Jawed Chowdhary11 Years

Shareholders

jawed ahmed chowdhary 100%

affair clothing ltd Estimated Valuation

£161.4k

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

£0

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

£4.4m

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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £569k, make it smaller than the average company (£16.5m)

£569k - Affair Clothing Ltd

£16.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (4.2%)

-20% - Affair Clothing Ltd

4.2% - Industry AVG

production

Production

with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)

30.9% - Affair Clothing Ltd

30.9% - Industry AVG

profitability

Profitability

an operating margin of -28.6% make it less profitable than the average company (4.1%)

-28.6% - Affair Clothing Ltd

4.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (47)

4 - Affair Clothing Ltd

47 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)

£37.7k - Affair Clothing Ltd

£37.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £142.3k, this is less efficient (£332.1k)

£142.3k - Affair Clothing Ltd

£332.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (42 days)

24 days - Affair Clothing Ltd

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is close to average (37 days)

38 days - Affair Clothing Ltd

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 187 days, this is more than average (135 days)

187 days - Affair Clothing Ltd

135 days - Industry AVG

cashbalance

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

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Affair Clothing Ltd Competitor Analysis

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competitor_analysis_table_img

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 Shareholders

jawed ahmed chowdhary 100%

affair clothing ltd directors

Affair Clothing Ltd currently has 1 director, Mr Jawed Chowdhary serving since Jul 2012.

officercountryagestartendrole
Mr Jawed Chowdhary56 years Jul 2012- Director

AFFAIR CLOTHING LTD financials

EXPORTms excel logo

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 HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Turnover569,0451,333,9401,519,5751,100,9682,493,1473,334,8423,420,2237,437,7858,389,0948,094,0508,525,450
Other Income Or Grants00000000000
Cost Of Sales393,009917,6581,063,317770,0241,755,5552,355,8762,410,4395,289,7295,892,0105,577,7145,879,181
Gross Profit176,036416,282456,258330,944737,593978,9671,009,7842,148,0562,497,0842,516,3362,646,269
Admin Expenses338,941312,439364,331286,756312,158-225,986216,1081,843,7732,618,2462,350,1672,544,395
Operating Profit-162,905103,84391,92744,188425,4351,204,953793,676304,283-121,162166,169101,874
Interest Payable12,89717,5637,62500000000
Interest Receivable61,23310,9799441,3039,8275,9521,2171,9693,2883,1521,672
Pre-Tax Profit-114,57097,25985,24645,490435,2621,210,905794,893306,253-117,874169,322103,547
Tax0-18,479-16,197-8,643-82,700-230,072-151,030-61,2500-35,558-23,816
Profit After Tax-114,57078,78069,04936,847352,562980,833643,863245,002-117,874133,76479,731
Dividends Paid00000000000
Retained Profit-114,57078,78069,04936,847352,562980,833643,863245,002-117,874133,76479,731
Employee Costs150,625184,793140,302169,717106,124100,815129,727870,666970,584922,132997,793
Number Of Employees454533427313134
EBITDA*-146,902127,214111,36359,300435,1371,207,165793,729304,283-121,162166,169101,874

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Tangible Assets496,221719,587723,286619,715576,778368,4542120000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets496,221719,587723,286619,715576,778368,4542120000
Stock & work in progress201,652310,150160,284382,321286,637260,872193,37891,14848,78300
Trade Debtors38,037223,854333,690132,468712,941904,0691,022,1961,417,1361,222,960643,750854,782
Group Debtors00000000000
Misc Debtors219,409514,015438,93679,65231,24312,3883,3490000
Cash1,124,3531,324,947431,6571,456,6661,148,4731,471,942908,84964,583723,190591,904668,973
misc current assets360,832294,8361,036,020000000465,1430
total current assets1,944,2832,667,8022,400,5872,051,1072,179,2942,649,2712,127,7721,572,8671,994,9331,700,7971,523,755
total assets2,440,5043,387,3893,123,8732,670,8222,756,0723,017,7252,127,9841,572,8671,994,9331,700,7971,523,755
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 41,357163,877174,263134,710242,541430,576419,9151,232,2431,899,3111,487,3011,444,023
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities11,159486,463275,832181,383195,649621,829723,5820000
total current liabilities52,516650,340450,095316,093438,1901,052,4051,143,4971,232,2431,899,3111,487,3011,444,023
loans0234,491250,00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities0234,491250,00000000000
total liabilities52,516884,831700,095316,093438,1901,052,4051,143,4971,232,2431,899,3111,487,3011,444,023
net assets2,387,9882,502,5582,423,7782,354,7292,317,8821,965,320984,487340,62495,622213,49679,732
total shareholders funds2,387,9882,502,5582,423,7782,354,7292,317,8821,965,320984,487340,62495,622213,49679,732
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013
Operating Activities
Operating Profit-162,905103,84391,92744,188425,4351,204,953793,676304,283-121,162166,169101,874
Depreciation16,00323,37119,43615,1129,7022,212530000
Amortisation00000000000
Tax0-18,479-16,197-8,643-82,700-230,072-151,030-61,2500-35,558-23,816
Stock-108,498149,866-222,03795,68425,76567,494102,23042,36548,78300
Debtors-480,423-34,757560,506-532,064-172,273-109,088-391,591194,176579,210-211,032854,782
Creditors-122,520-10,38639,553-107,831-188,03510,661-812,328-667,068412,01043,2781,444,023
Accruals and Deferred Income-475,304210,63194,449-14,266-426,180-101,753723,5820000
Deferred Taxes & Provisions00000000000
Cash flow from operations-155,805193,871-109,301364,940-115,270927,595843,314-660,576-337,145384,921667,299
Investing Activities
capital expenditure207,363-19,672-123,007-58,049-218,026-370,454-2650000
Change in Investments00000000000
cash flow from investments207,363-19,672-123,007-58,049-218,026-370,454-2650000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans-234,491-15,509250,00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue00000000001
interest48,336-6,584-6,6811,3039,8275,9521,2171,9693,2883,1521,672
cash flow from financing-186,155-22,093243,3191,3039,8275,9521,2171,9693,2883,1521,673
cash and cash equivalents
cash-200,594893,290-1,025,009308,193-323,469563,093844,266-658,607131,286-77,069668,973
overdraft00000000000
change in cash-200,594893,290-1,025,009308,193-323,469563,093844,266-658,607131,286-77,069668,973

P&L

July 2023

turnover

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 2023

net 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

None

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.

charges

affair clothing ltd Companies House Filings - See Documents

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