accounting executive solutions limited
accounting executive solutions limited Company Information
Company Number
03739263
Website
-Registered Address
56 longmoor road, halesowen, west midlands, B63 1AW
Industry
Accounting, and auditing activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
anne elizabeth smith 50%
nigel royston smith 50%
accounting executive solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTING EXECUTIVE SOLUTIONS LIMITED at £63k based on a Turnover of £39.1k and 1.61x industry multiple (adjusted for size and gross margin).
accounting executive solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTING EXECUTIVE SOLUTIONS LIMITED at £179.3k based on an EBITDA of £19.6k and a 9.13x industry multiple (adjusted for size and gross margin).
accounting executive solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTING EXECUTIVE SOLUTIONS LIMITED at £50.5k based on Net Assets of £16.7k and 3.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Accounting Executive Solutions Limited Overview
Accounting Executive Solutions Limited is a live company located in west midlands, B63 1AW with a Companies House number of 03739263. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 1999, it's largest shareholder is anne elizabeth smith with a 50% stake. Accounting Executive Solutions Limited is a mature, micro sized company, Pomanda has estimated its turnover at £39.1k with declining growth in recent years.
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Accounting Executive Solutions Limited Health Check
Pomanda's financial health check has awarded Accounting Executive Solutions Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £39.1k, make it smaller than the average company (£138.5k)
- Accounting Executive Solutions Limited
£138.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.8%)
- Accounting Executive Solutions Limited
5.8% - Industry AVG
Production
with a gross margin of 202.8%, this company has a lower cost of product (69%)
- Accounting Executive Solutions Limited
69% - Industry AVG
Profitability
an operating margin of 50.2% make it more profitable than the average company (16.6%)
- Accounting Executive Solutions Limited
16.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Accounting Executive Solutions Limited
3 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)
- Accounting Executive Solutions Limited
£19.8k - Industry AVG
Efficiency
resulting in sales per employee of £19.5k, this is less efficient (£69.5k)
- Accounting Executive Solutions Limited
£69.5k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is earlier than average (97 days)
- Accounting Executive Solutions Limited
97 days - Industry AVG
Creditor Days
its suppliers are paid after 851 days, this is slower than average (26 days)
- Accounting Executive Solutions Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Accounting Executive Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (27 weeks)
62 weeks - Accounting Executive Solutions Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.4%, this is a higher level of debt than the average (57.1%)
74.4% - Accounting Executive Solutions Limited
57.1% - Industry AVG
ACCOUNTING EXECUTIVE SOLUTIONS LIMITED financials
Accounting Executive Solutions Limited's latest turnover from March 2023 is estimated at £39.1 thousand and the company has net assets of £16.7 thousand. According to their latest financial statements, Accounting Executive Solutions Limited has 2 employees and maintains cash reserves of £58.7 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 | 75,538 | 75,651 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 1,541 | 0 | ||||||||||||
| Gross Profit | 79,278 | 89,115 | 60,502 | 60,573 | 66,585 | 65,435 | 83,525 | 76,935 | 73,997 | 75,651 | ||||
| Admin Expenses | 59,642 | 53,657 | 45,775 | 46,260 | 51,795 | 53,262 | 63,727 | 54,527 | 45,847 | 46,754 | ||||
| Operating Profit | 19,636 | 35,458 | 14,727 | 14,313 | 14,790 | 12,173 | 19,798 | 22,408 | 28,150 | 28,897 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 701 | 60 | 360 | 735 | 428 | 691 | 1,035 | 811 | 73 | 580 | ||||
| Pre-Tax Profit | 20,337 | 35,518 | 15,087 | 15,048 | 15,218 | 12,864 | 20,833 | 23,219 | 28,223 | 29,477 | ||||
| Tax | -4,200 | -6,980 | -2,958 | -3,041 | -3,194 | -2,696 | -4,540 | -5,000 | -6,508 | -6,895 | ||||
| Profit After Tax | 16,137 | 28,538 | 12,129 | 12,007 | 12,024 | 10,168 | 16,293 | 18,219 | 21,715 | 22,582 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,600 | 22,400 | ||||
| Retained Profit | 16,137 | 28,538 | 12,129 | 12,007 | 12,024 | 10,168 | 16,293 | 18,219 | 115 | 182 | ||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | 19,636 | 35,458 | 14,727 | 14,313 | 14,790 | 12,173 | 19,798 | 22,408 | 28,304 | 29,147 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,480 | 3,705 | 0 | 0 | 691 | 2,282 | 2,282 | 3,604 | 5,338 | 2,252 | 4,500 | 3,906 | 3,477 | 3,313 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 572 |
| Cash | 58,661 | 55,345 | 45,610 | 41,082 | 47,986 | 53,173 | 80,440 | 79,278 | 70,618 | 69,742 | 58,833 | 50,295 | 50,678 | 51,784 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,141 | 59,050 | 45,610 | 41,082 | 48,677 | 55,455 | 82,722 | 82,882 | 75,956 | 71,994 | 63,333 | 54,201 | 54,155 | 55,669 |
| total assets | 65,141 | 59,050 | 45,610 | 41,082 | 48,677 | 55,455 | 82,722 | 82,882 | 75,956 | 71,994 | 63,333 | 54,201 | 54,155 | 55,823 |
| 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 | 48,479 | 42,525 | 29,081 | 24,682 | 32,284 | 39,086 | 66,521 | 1,272 | 3,231 | 3,534 | 1,987 | 784 | 1,235 | 1,744 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65,702 | 57,036 | 52,891 | 45,822 | 37,979 | 37,577 | 38,851 |
| total current liabilities | 48,479 | 42,525 | 29,081 | 24,682 | 32,284 | 39,086 | 66,521 | 66,974 | 60,267 | 56,425 | 47,809 | 38,763 | 38,812 | 40,595 |
| 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 | 48,479 | 42,525 | 29,081 | 24,682 | 32,284 | 39,086 | 66,521 | 66,974 | 60,267 | 56,425 | 47,809 | 38,763 | 38,812 | 40,595 |
| net assets | 16,662 | 16,525 | 16,529 | 16,400 | 16,393 | 16,369 | 16,201 | 15,908 | 15,689 | 15,569 | 15,524 | 15,438 | 15,343 | 15,228 |
| total shareholders funds | 16,662 | 16,525 | 16,529 | 16,400 | 16,393 | 16,369 | 16,201 | 15,908 | 15,689 | 15,569 | 15,524 | 15,438 | 15,343 | 15,228 |
| 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 | 19,636 | 35,458 | 14,727 | 14,313 | 14,790 | 12,173 | 19,798 | 22,408 | 28,150 | 28,897 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154 | 250 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,200 | -6,980 | -2,958 | -3,041 | -3,194 | -2,696 | -4,540 | -5,000 | -6,508 | -6,895 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,775 | 3,705 | 0 | -691 | -1,591 | 0 | -1,322 | -1,734 | 3,086 | -2,248 | 594 | 429 | -408 | 3,885 |
| Creditors | 5,954 | 13,444 | 4,399 | -7,602 | -6,802 | -27,435 | 65,249 | -1,959 | -303 | 1,547 | 1,203 | -451 | -509 | 1,744 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -65,702 | 8,666 | 4,145 | 7,069 | 7,843 | 402 | -1,274 | 38,851 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 18,615 | 38,217 | 16,168 | 4,361 | 6,385 | -17,958 | 16,127 | 25,849 | 20,421 | 58,962 | ||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 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 | 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 | 701 | 60 | 360 | 735 | 428 | 691 | 1,035 | 811 | 73 | 580 | ||||
| cash flow from financing | -15,299 | -28,482 | -11,640 | -11,265 | -11,572 | -9,309 | -14,965 | -17,189 | 73 | 15,626 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | 3,316 | 9,735 | 4,528 | -6,904 | -5,187 | -27,267 | 1,162 | 8,660 | 876 | 10,909 | 8,538 | -383 | -1,106 | 51,784 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,316 | 9,735 | 4,528 | -6,904 | -5,187 | -27,267 | 1,162 | 8,660 | 876 | 10,909 | 8,538 | -383 | -1,106 | 51,784 |
accounting executive solutions limited Credit Report and Business Information
Accounting Executive Solutions Limited Competitor Analysis
Perform a competitor analysis for accounting executive solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B63 area or any other competitors across 12 key performance metrics.
accounting executive solutions limited Ownership
ACCOUNTING EXECUTIVE SOLUTIONS LIMITED group structure
Accounting Executive Solutions Limited has no subsidiary companies.
Ultimate parent company
ACCOUNTING EXECUTIVE SOLUTIONS LIMITED
03739263
accounting executive solutions limited directors
Accounting Executive Solutions Limited currently has 2 directors. The longest serving directors include Ms Anne Smith (Mar 1999) and Mr Nigel Smith (Mar 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Anne Smith | 63 years | Mar 1999 | - | Director | |
| Mr Nigel Smith | 66 years | Mar 1999 | - | Director |
P&L
March 2023turnover
39.1k
+8%
operating profit
19.6k
-45%
gross margin
202.9%
-17.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
16.7k
+0.01%
total assets
65.1k
+0.1%
cash
58.7k
+0.06%
net assets
Total assets minus all liabilities
accounting executive solutions limited company details
company number
03739263
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
March 1999
age
25
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
56 longmoor road, halesowen, west midlands, B63 1AW
Bank
-
Legal Advisor
-
accounting executive solutions 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 accounting executive solutions limited.
accounting executive solutions limited Companies House Filings - See Documents
| date | description | view/download |
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