taxaid uk
taxaid uk Company Information
Company Number
03374001
Next Accounts
Dec 2024
Industry
Tax consultancy
Shareholders
-
Group Structure
View All
Contact
Registered Address
30 monck street, london, SW1P 2AP
Website
http://taxaid.org.uktaxaid uk Estimated Valuation
Pomanda estimates the enterprise value of TAXAID UK at £1.5m based on a Turnover of £1.1m and 1.3x industry multiple (adjusted for size and gross margin).
taxaid uk Estimated Valuation
Pomanda estimates the enterprise value of TAXAID UK at £347.2k based on an EBITDA of £67.3k and a 5.16x industry multiple (adjusted for size and gross margin).
taxaid uk Estimated Valuation
Pomanda estimates the enterprise value of TAXAID UK at £1.1m based on Net Assets of £344.5k and 3.18x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Taxaid Uk Overview
Taxaid Uk is a live company located in london, SW1P 2AP with a Companies House number of 03374001. It operates in the tax consultancy sector, SIC Code 69203. Founded in May 1997, it's largest shareholder is unknown. Taxaid Uk is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Taxaid Uk Health Check
Pomanda's financial health check has awarded Taxaid Uk a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.1m, make it larger than the average company (£230.2k)
£1.1m - Taxaid Uk
£230.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.3%)
5% - Taxaid Uk
5.3% - Industry AVG
Production
with a gross margin of 82.4%, this company has a comparable cost of product (82.4%)
82.4% - Taxaid Uk
82.4% - Industry AVG
Profitability
an operating margin of 5.9% make it less profitable than the average company (10.6%)
5.9% - Taxaid Uk
10.6% - Industry AVG
Employees
with 10 employees, this is above the industry average (5)
10 - Taxaid Uk
5 - Industry AVG
Pay Structure
on an average salary of £56.3k, the company has a higher pay structure (£44.3k)
£56.3k - Taxaid Uk
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £112.8k, this is more efficient (£83.6k)
£112.8k - Taxaid Uk
£83.6k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is earlier than average (72 days)
48 days - Taxaid Uk
72 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (46 days)
1 days - Taxaid Uk
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Taxaid Uk
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 100 weeks, this is more cash available to meet short term requirements (33 weeks)
100 weeks - Taxaid Uk
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.2%, this is a lower level of debt than the average (41.8%)
27.2% - Taxaid Uk
41.8% - Industry AVG
TAXAID UK financials
Taxaid Uk's latest turnover from March 2023 is £1.1 million and the company has net assets of £344.5 thousand. According to their latest financial statements, Taxaid Uk has 10 employees and maintains cash reserves of £250.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,127,571 | 940,127 | 967,470 | 963,803 | 1,011,236 | 914,742 | 785,943 | 948,920 | 1,475,254 | 1,310,222 | 1,185,967 | 1,153,107 | 993,061 | 898,999 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 62,154 | 58,050 | 37,466 | -15,633 | 21,449 | 192 | -81,225 | -76,256 | 57,118 | 59,067 | -53,045 | 21,098 | 92 | 121,182 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 62,154 | 58,050 | 37,466 | -15,633 | 21,449 | 192 | -81,225 | -76,256 | 57,118 | 59,067 | -53,045 | 21,098 | 92 | 121,182 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 62,154 | 58,050 | 37,466 | -15,633 | 21,449 | 192 | -81,225 | -76,256 | 57,118 | 59,067 | -53,045 | 21,098 | 92 | 121,182 |
| Employee Costs | 562,858 | 483,498 | 530,360 | 537,098 | 518,097 | 486,844 | 505,454 | 621,525 | 769,527 | 600,551 | 536,271 | 470,716 | 391,089 | 283,105 |
| Number Of Employees | 10 | 10 | 11 | 11 | 11 | 10 | 11 | 13 | 19 | 14 | 10 | 10 | 9 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,581 | 1,757 | 2,419 | 4,680 | 6,267 | 1,311 | 4,226 | 9,495 | 21,408 | 28,424 | 28,319 | 29,460 | 33,235 | 28,634 |
| 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 | 1,581 | 1,757 | 2,419 | 4,680 | 6,267 | 1,311 | 4,226 | 9,495 | 21,408 | 28,424 | 28,319 | 29,460 | 33,235 | 28,634 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 150,621 | 70,621 | 70,000 | 20,000 | 0 | 30,000 | 0 | 0 | 104,690 | 60,047 | 44,399 | 50,465 | 57,981 | 66,217 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 70,954 | 69,335 | 102,767 | 69,064 | 25,950 | 59,971 | 40,138 | 26,386 | 32,729 | 46,075 | 35,939 | 48,936 | 49,598 | 31,947 |
| Cash | 250,251 | 242,535 | 154,448 | 241,897 | 249,487 | 164,151 | 268,900 | 274,046 | 238,560 | 195,460 | 193,992 | 278,359 | 177,504 | 159,435 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 471,826 | 382,491 | 327,215 | 330,961 | 275,437 | 254,122 | 309,038 | 300,432 | 375,979 | 301,582 | 274,330 | 377,760 | 285,083 | 257,599 |
| total assets | 473,407 | 384,248 | 329,634 | 335,641 | 281,704 | 255,433 | 313,264 | 309,927 | 397,387 | 330,006 | 302,649 | 407,220 | 318,318 | 286,233 |
| 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 | 1,057 | 35,531 | 11,325 | 19,686 | 3,918 | 2,357 | 953 | 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 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 | 127,869 | 66,390 | 94,032 | 129,144 | 75,342 | 72,081 | 131,508 | 47,899 | 59,103 | 48,840 | 80,550 | 132,076 | 64,272 | 32,279 |
| total current liabilities | 128,926 | 101,921 | 105,357 | 148,830 | 79,260 | 74,438 | 132,461 | 47,899 | 59,103 | 48,840 | 80,550 | 132,076 | 64,272 | 32,279 |
| 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 | 128,926 | 101,921 | 105,357 | 148,830 | 79,260 | 74,438 | 132,461 | 47,899 | 59,103 | 48,840 | 80,550 | 132,076 | 64,272 | 32,279 |
| net assets | 344,481 | 282,327 | 224,277 | 186,811 | 202,444 | 180,995 | 180,803 | 262,028 | 338,284 | 281,166 | 222,099 | 275,144 | 254,046 | 253,954 |
| total shareholders funds | 344,481 | 282,327 | 224,277 | 186,811 | 202,444 | 180,995 | 180,803 | 262,028 | 338,284 | 281,166 | 222,099 | 275,144 | 254,046 | 253,954 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 1,080 | 1,784 | 2,776 | 2,588 | 1,506 | 3,872 | 5,336 | 13,257 | 10,083 | 20,144 | 20,906 | 16,537 | 20,363 | 11,703 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 81,619 | -32,811 | 83,703 | 63,114 | -64,021 | 49,833 | 13,752 | -111,033 | 31,297 | 25,784 | -19,063 | -8,178 | 9,415 | 98,164 |
| Creditors | -34,474 | 24,206 | -8,361 | 15,768 | 1,561 | 1,404 | 953 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 61,479 | -27,642 | -35,112 | 53,802 | 3,261 | -59,427 | 83,609 | -11,204 | 10,263 | -31,710 | -51,526 | 67,804 | 31,993 | 32,279 |
| 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 | 0 | 0 | 0 | 0 | 0 | -1,376 | -67 | -1,344 | -3,067 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -1,376 | -67 | -1,344 | -3,067 | |||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132,772 |
| cash and cash equivalents | ||||||||||||||
| cash | 7,716 | 88,087 | -87,449 | -7,590 | 85,336 | -104,749 | -5,146 | 35,486 | 43,100 | 1,468 | -84,367 | 100,855 | 18,069 | 159,435 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,716 | 88,087 | -87,449 | -7,590 | 85,336 | -104,749 | -5,146 | 35,486 | 43,100 | 1,468 | -84,367 | 100,855 | 18,069 | 159,435 |
taxaid uk Credit Report and Business Information
Taxaid Uk Competitor Analysis
Perform a competitor analysis for taxaid uk by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SW1P area or any other competitors across 12 key performance metrics.
taxaid uk Ownership
TAXAID UK group structure
Taxaid Uk has no subsidiary companies.
Ultimate parent company
TAXAID UK
03374001
taxaid uk directors
Taxaid Uk currently has 8 directors. The longest serving directors include Mr Stephen Banyard (Oct 2012) and Mr Jonathan Peacock (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Banyard | England | 76 years | Oct 2012 | - | Director |
| Mr Jonathan Peacock | 60 years | Mar 2017 | - | Director | |
| Mr Kevin Nicholson | England | 62 years | Mar 2017 | - | Director |
| Mr Paul Morton | England | 64 years | May 2019 | - | Director |
| Mr Nicholas Edwards | England | 43 years | Nov 2021 | - | Director |
| Ms Emma Clarke | England | 45 years | Nov 2021 | - | Director |
| Miss Victoria Heard | 45 years | Nov 2021 | - | Director | |
| Mr Matthew Ellis | England | 59 years | Jul 2022 | - | Director |
P&L
March 2023turnover
1.1m
+20%
operating profit
66.3k
0%
gross margin
82.5%
+6.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
344.5k
+0.22%
total assets
473.4k
+0.23%
cash
250.3k
+0.03%
net assets
Total assets minus all liabilities
taxaid uk company details
company number
03374001
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
69203 - Tax consultancy
incorporation date
May 1997
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
THOMPSON JENNER LLP
address
30 monck street, london, SW1P 2AP
Bank
CAF BANK LIMITED
Legal Advisor
-
taxaid uk 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 taxaid uk.
taxaid uk Companies House Filings - See Documents
| date | description | view/download |
|---|
