accord management services limited
accord management services limited Company Information
Company Number
02923741
Next Accounts
1064 days late
Shareholders
derrick armstrong
nicholas blackman
View AllGroup Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
c12 marquis court marquisway, team valley, gateshead, NE11 0RU
Website
www.accordjobs.comaccord management services limited Estimated Valuation
Pomanda estimates the enterprise value of ACCORD MANAGEMENT SERVICES LIMITED at £74.3k based on a Turnover of £580.4k and 0.13x industry multiple (adjusted for size and gross margin).
accord management services limited Estimated Valuation
Pomanda estimates the enterprise value of ACCORD MANAGEMENT SERVICES LIMITED at £0 based on an EBITDA of £-64.6k and a 2.1x industry multiple (adjusted for size and gross margin).
accord management services limited Estimated Valuation
Pomanda estimates the enterprise value of ACCORD MANAGEMENT SERVICES LIMITED at £26.7k based on Net Assets of £17.1k and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Accord Management Services Limited Overview
Accord Management Services Limited is a live company located in gateshead, NE11 0RU with a Companies House number of 02923741. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 1994, it's largest shareholder is derrick armstrong with a 45% stake. Accord Management Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £580.4k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Accord Management Services Limited Health Check
Pomanda's financial health check has awarded Accord Management Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £580.4k, make it smaller than the average company (£5.2m)
- Accord Management Services Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.6%)
- Accord Management Services Limited
3.6% - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (24.2%)
- Accord Management Services Limited
24.2% - Industry AVG
Profitability
an operating margin of -11.1% make it less profitable than the average company (2.7%)
- Accord Management Services Limited
2.7% - Industry AVG
Employees
with 7 employees, this is below the industry average (36)
7 - Accord Management Services Limited
36 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- Accord Management Services Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £82.9k, this is less efficient (£174.9k)
- Accord Management Services Limited
£174.9k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (45 days)
- Accord Management Services Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (10 days)
- Accord Management Services Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Accord Management Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Accord Management Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.6%, this is a higher level of debt than the average (69.5%)
82.6% - Accord Management Services Limited
69.5% - Industry AVG
ACCORD MANAGEMENT SERVICES LIMITED financials
Accord Management Services Limited's latest turnover from June 2020 is estimated at £580.4 thousand and the company has net assets of £17.1 thousand. According to their latest financial statements, Accord Management Services Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 447,585 | ||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | 121,629 | ||||||||||
| Tax | -25,000 | ||||||||||
| Profit After Tax | 96,629 | ||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | 96,629 | ||||||||||
| Employee Costs | 224,918 | ||||||||||
| Number Of Employees | 7 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 617 | 1,547 | 2,799 | 4,556 | 2,648 | 2,199 | |||||
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 617 | 1,547 | 2,799 | 4,556 | 2,648 | 2,199 | |||||
| Stock & work in progress | |||||||||||
| Trade Debtors | 97,038 | 109,303 | 105,644 | 123,970 | 40,627 | 202,264 | |||||
| Group Debtors | |||||||||||
| Misc Debtors | 729 | 11,024 | |||||||||
| Cash | 136,850 | 42,731 | |||||||||
| misc current assets | 15,623 | 22,185 | 15,866 | 10,613 | |||||||
| total current assets | 97,767 | 120,327 | 121,267 | 146,155 | 193,343 | 212,877 | 42,731 | ||||
| total assets | 98,384 | 121,874 | 124,066 | 150,711 | 195,991 | 215,076 | 42,731 | ||||
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 79,977 | 37,936 | 38,804 | 26,605 | 50,262 | 71,367 | |||||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | |||||||||||
| total current liabilities | 79,977 | 37,936 | 38,804 | 26,605 | 50,262 | 71,367 | |||||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | 1,270 | 2,230 | 795 | 625 | 2,216 | ||||||
| other liabilities | 47,000 | 42,651 | |||||||||
| provisions | |||||||||||
| total long term liabilities | 1,270 | 2,230 | 795 | 625 | 2,216 | 47,000 | 42,651 | ||||
| total liabilities | 81,247 | 40,166 | 39,599 | 27,230 | 52,478 | 118,367 | 42,651 | ||||
| net assets | 17,137 | 81,708 | 84,467 | 123,481 | 143,513 | 96,709 | 80 | ||||
| total shareholders funds | 17,137 | 81,708 | 84,467 | 123,481 | 143,513 | 96,709 | 80 |
| Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 506 | ||||||||||
| Amortisation | |||||||||||
| Tax | -25,000 | ||||||||||
| Stock | |||||||||||
| Debtors | -22,560 | 14,683 | -18,326 | 83,343 | -161,637 | 202,264 | |||||
| Creditors | 42,041 | -868 | 12,199 | -23,657 | -21,105 | 71,367 | |||||
| Accruals and Deferred Income | -960 | 1,435 | 170 | -1,591 | 2,216 | ||||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | -47,000 | 4,349 | 42,651 | ||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | 4,349 | 42,731 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | -136,850 | 136,850 | -42,731 | 42,731 | |||||||
| overdraft | |||||||||||
| change in cash | -136,850 | 136,850 | -42,731 | 42,731 |
accord management services limited Credit Report and Business Information
Accord Management Services Limited Competitor Analysis
Perform a competitor analysis for accord management services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in NE11 area or any other competitors across 12 key performance metrics.
accord management services limited Ownership
ACCORD MANAGEMENT SERVICES LIMITED group structure
Accord Management Services Limited has no subsidiary companies.
Ultimate parent company
ACCORD MANAGEMENT SERVICES LIMITED
02923741
accord management services limited directors
Accord Management Services Limited currently has 3 directors. The longest serving directors include Mr Derrick Armstrong (Apr 1994) and Mr Nicholas Blackman (Apr 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Derrick Armstrong | England | 59 years | Apr 1994 | - | Director |
| Mr Nicholas Blackman | France | 63 years | Apr 1994 | - | Director |
| Miss Samantha Riccoboni | 48 years | Jul 2015 | - | Director |
P&L
June 2020turnover
580.4k
+18%
operating profit
-64.6k
0%
gross margin
13.7%
+4.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
17.1k
-0.79%
total assets
98.4k
-0.19%
cash
0
0%
net assets
Total assets minus all liabilities
accord management services limited company details
company number
02923741
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
April 1994
age
31
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2020
previous names
N/A
accountant
-
auditor
-
address
c12 marquis court marquisway, team valley, gateshead, NE11 0RU
Bank
-
Legal Advisor
-
accord management services 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 accord management services limited.
accord management services limited 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.
Click to start generating capital raising & share issue transactions for ACCORD MANAGEMENT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
accord management services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
