london 1st accounting services limited

Live MatureMicroDeclining

london 1st accounting services limited Company Information

Share LONDON 1ST ACCOUNTING SERVICES LIMITED

Company Number

03543431

Directors

David Stewart

Shareholders

david stewart

jay hansen

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

dns house 382 kenton road, harrow, middlesex, HA3 8DP

london 1st accounting services limited Estimated Valuation

£3.1k

Pomanda estimates the enterprise value of LONDON 1ST ACCOUNTING SERVICES LIMITED at £3.1k based on a Turnover of £4.1k and 0.76x industry multiple (adjusted for size and gross margin).

london 1st accounting services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON 1ST ACCOUNTING SERVICES LIMITED at £0 based on an EBITDA of £0 and a 4.91x industry multiple (adjusted for size and gross margin).

london 1st accounting services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LONDON 1ST ACCOUNTING SERVICES LIMITED at £0 based on Net Assets of £-24.3k and 3.02x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

London 1st Accounting Services Limited Overview

London 1st Accounting Services Limited is a live company located in middlesex, HA3 8DP with a Companies House number of 03543431. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 1998, it's largest shareholder is david stewart with a 50% stake. London 1st Accounting Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £4.1k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

London 1st Accounting Services Limited Health Check

Pomanda's financial health check has awarded London 1St Accounting Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £4.1k, make it smaller than the average company (£212.3k)

£4.1k - London 1st Accounting Services Limited

£212.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (6.9%)

-30% - London 1st Accounting Services Limited

6.9% - Industry AVG

production

Production

with a gross margin of 49.5%, this company has a higher cost of product (95.1%)

49.5% - London 1st Accounting Services Limited

95.1% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - London 1st Accounting Services Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - London 1st Accounting Services Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - London 1st Accounting Services Limited

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.1k, this is less efficient (£79.3k)

£4.1k - London 1st Accounting Services Limited

£79.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - London 1st Accounting Services Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4298 days, this is slower than average (24 days)

4298 days - London 1st Accounting Services Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - London 1st Accounting Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - London 1st Accounting Services Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - London 1st Accounting Services Limited

- - Industry AVG

LONDON 1ST ACCOUNTING SERVICES LIMITED financials

EXPORTms excel logo

London 1St Accounting Services Limited's latest turnover from October 2023 is estimated at £4.1 thousand and the company has net assets of -£24.3 thousand. According to their latest financial statements, we estimate that London 1St Accounting Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover4,0867,16515,33612,10815,67023,99556,78875,36930,003205,977161,532103,022294,900310,497452,487
Other Income Or Grants000000000000000
Cost Of Sales2,0633,3966,8295,2716,5149,92218,63630,21513,84178,76756,30840,219109,769117,9470
Gross Profit2,0223,7708,5086,8379,15614,07338,15245,15316,161127,211105,22362,803185,131192,5490
Admin Expenses2,0223,94810,87514,95313,63924,68740,12541,29620,042123,312105,607110,034186,653220,391-56,460
Operating Profit0-178-2,367-8,116-4,483-10,614-1,9733,857-3,8813,899-384-47,231-1,522-27,84256,460
Interest Payable00001111000000000
Interest Receivable00013131914170265323201273255670
Pre-Tax Profit0-178-2,367-8,103-4,363-10,534-1,9323,928-3,6164,222-183-46,958-1,267-27,77556,460
Tax0000000-7850-8870000-11,532
Profit After Tax0-178-2,367-8,103-4,363-10,534-1,9323,142-3,6163,335-183-46,958-1,267-27,77544,928
Dividends Paid0000000000000073,467
Retained Profit0-178-2,367-8,103-4,363-10,534-1,9323,142-3,6163,335-183-46,958-1,267-27,775-28,539
Employee Costs35,39532,89632,26328,24233,63531,02727,30527,78931,99960,34855,47952,033103,58096,1220
Number Of Employees111111111222440
EBITDA*0-178-2,367-8,116-4,483-10,614-1,9733,857-3,8813,899-384-46,170-1,204-27,40758,009

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets0000041,1220000014097271,161
Intangible Assets000000000000070,0000
Investments & Other000000000000000
Debtors (Due After 1 year)000025,829040,10940,04841,211000000
Total Fixed Assets000025,82941,12240,10940,04841,21100140970,7271,161
Stock & work in progress0000000000070,0000070,000
Trade Debtors001785,5327,34011,13122,18326,8669,00648,31141,63724,23970,14571,31859,465
Group Debtors000000000000000
Misc Debtors0000444002,21000000048,683
Cash000025,8589,00315,32917,27739,03467,13962,06518,39890,77511,15315,547
misc current assets00000096800000000
total current assets001785,53233,64220,13438,48046,35348,040115,450103,702112,637160,92082,471193,695
total assets001785,53259,47161,25678,58986,40189,251115,450103,702112,638161,329153,198194,856
Bank overdraft00000327000000000
Bank loan000000000000000
Trade Creditors 24,29824,29813,27816,26599710,7499,7166,31689,114111,697103,284112,037113,770104,3726,820
Group/Directors Accounts0000006,48614,75300000051,479
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000016,286016,32262,05300000059,956
total current liabilities24,29824,29813,27816,26517,28314,70532,52483,12289,114111,697103,284112,037113,770104,372118,255
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0011,02011,02055,738044,71800000000
provisions000000000000000
total long term liabilities0011,02011,02055,73855,73844,71800000000
total liabilities24,29824,29824,29827,28573,02170,44377,24283,12289,114111,697103,284112,037113,770104,372118,255
net assets-24,298-24,298-24,120-21,753-13,550-9,1871,3473,2791373,75341860147,55948,82676,601
total shareholders funds-24,298-24,298-24,120-21,753-13,550-9,1871,3473,2791373,75341860147,55948,82676,601
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit0-178-2,367-8,116-4,483-10,614-1,9733,857-3,8813,899-384-47,231-1,522-27,84256,460
Depreciation000000000001,0613184351,549
Amortisation000000000000000
Tax0000000-7850-8870000-11,532
Stock0000000000-70,00070,0000-70,00070,000
Debtors0-178-5,354-28,08122,482-51,161-6,83218,9071,9066,67417,398-45,906-1,173-36,830108,148
Creditors011,020-2,98715,268-9,7521,0333,400-82,798-22,5838,413-8,753-1,7339,39897,5526,820
Accruals and Deferred Income000-16,28616,286-16,322-45,73162,05300000-59,95659,956
Deferred Taxes & Provisions000000000000000
Cash flow from operations011,020018,947-20,43125,258-37,472-36,580-28,3704,75143,465-71,9979,367117,019-64,895
Investing Activities
capital expenditure000041,122-41,12200001-65370,000-70,001-2,710
Change in Investments000000000000000
cash flow from investments000041,122-41,12200001-65370,000-70,001-2,710
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00000-6,486-8,26714,75300000-51,47951,479
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0-11,0200-44,71855,738-44,71844,71800000000
share issue000-1000000000000105,140
interest00013120804170265323201273255670
cash flow from financing0-11,0200-44,80555,858-51,12436,49214,823265323201273255-51,412156,619
cash and cash equivalents
cash000-25,85816,855-6,326-1,948-21,757-28,1055,07443,667-72,37779,622-4,39415,547
overdraft0000-327327000000000
change in cash000-25,85817,182-6,653-1,948-21,757-28,1055,07443,667-72,37779,622-4,39415,547

london 1st accounting services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for london 1st accounting services limited. Get real-time insights into london 1st accounting services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

London 1st Accounting Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for london 1st accounting services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.

london 1st accounting services limited Ownership

LONDON 1ST ACCOUNTING SERVICES LIMITED group structure

London 1St Accounting Services Limited has 1 subsidiary company.

Ultimate parent company

LONDON 1ST ACCOUNTING SERVICES LIMITED

03543431

1 subsidiary

LONDON 1ST ACCOUNTING SERVICES LIMITED Shareholders

david stewart 50%
jay hansen 50%

london 1st accounting services limited directors

London 1St Accounting Services Limited currently has 1 director, Mr David Stewart serving since Jun 1998.

officercountryagestartendrole
Mr David StewartUnited Kingdom55 years Jun 1998- Director

P&L

October 2023

turnover

4.1k

-43%

operating profit

0

0%

gross margin

49.5%

-5.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

-24.3k

0%

total assets

0

0%

cash

0

0%

net assets

Total assets minus all liabilities

london 1st accounting services limited company details

company number

03543431

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

gatvol enterprises limited (December 1999)

accountant

IST ACCOUNTANCY AND BOOKKEEPING SERVICES LTD

auditor

-

address

dns house 382 kenton road, harrow, middlesex, HA3 8DP

Bank

HSBC BANK PLC

Legal Advisor

-

london 1st accounting 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 london 1st accounting services limited.

london 1st accounting 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 LONDON 1ST ACCOUNTING SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.

london 1st accounting services limited Companies House Filings - See Documents

datedescriptionview/download