certax accounting limited
certax accounting limited Company Information
Company Number
03786454
Next Accounts
Apr 2025
Shareholders
a & j h limited
star & ace limited
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
maynard house 40 clarence road, chesterfield, derbyshire, S40 1LQ
Website
www.certax.co.ukcertax accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CERTAX ACCOUNTING LIMITED at £210.3k based on a Turnover of £417.3k and 0.5x industry multiple (adjusted for size and gross margin).
certax accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CERTAX ACCOUNTING LIMITED at £273.4k based on an EBITDA of £68.6k and a 3.99x industry multiple (adjusted for size and gross margin).
certax accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CERTAX ACCOUNTING LIMITED at £154.6k based on Net Assets of £73.4k and 2.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Certax Accounting Limited Overview
Certax Accounting Limited is a live company located in derbyshire, S40 1LQ with a Companies House number of 03786454. It operates in the activities of head offices sector, SIC Code 70100. Founded in June 1999, it's largest shareholder is a & j h limited with a 24.8% stake. Certax Accounting Limited is a mature, micro sized company, Pomanda has estimated its turnover at £417.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Certax Accounting Limited Health Check
Pomanda's financial health check has awarded Certax Accounting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £417.3k, make it smaller than the average company (£19.7m)
- Certax Accounting Limited
£19.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (5.4%)
- Certax Accounting Limited
5.4% - Industry AVG
Production
with a gross margin of 33.1%, this company has a comparable cost of product (33.1%)
- Certax Accounting Limited
33.1% - Industry AVG
Profitability
an operating margin of 16.3% make it more profitable than the average company (5.8%)
- Certax Accounting Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (110)
2 - Certax Accounting Limited
110 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Certax Accounting Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £208.6k, this is equally as efficient (£197k)
- Certax Accounting Limited
£197k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (45 days)
- Certax Accounting Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (44 days)
- Certax Accounting Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Certax Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 64 weeks, this is more cash available to meet short term requirements (16 weeks)
64 weeks - Certax Accounting Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62%, this is a higher level of debt than the average (56.1%)
62% - Certax Accounting Limited
56.1% - Industry AVG
CERTAX ACCOUNTING LIMITED financials
Certax Accounting Limited's latest turnover from July 2023 is estimated at £417.3 thousand and the company has net assets of £73.4 thousand. According to their latest financial statements, Certax Accounting Limited has 2 employees and maintains cash reserves of £106.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 2 | 3 | 3 | 2 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,503 | 2,003 | 1 | 18,069 | 22,586 | 27,421 | 32,256 | 38,006 | 45,749 | 55,949 | 62,056 | 73,006 | 56,237 | 18,988 |
| Intangible Assets | 5,543 | 7,843 | 10,143 | 12,443 | ||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,503 | 2,003 | 1 | 18,069 | 22,586 | 27,421 | 32,256 | 38,006 | 45,749 | 55,949 | 67,599 | 80,849 | 66,380 | 31,431 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 85,402 | 70,687 | 67,471 | 327,689 | 270,737 | 52,118 | 45,659 | 233,055 | 162,829 | 199,190 | 45,614 | 57,640 | 101,662 | 99,712 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 187 | 3,089 | 295,863 | |||||||||||
| Cash | 106,217 | 51,500 | 66,802 | 236,360 | 266,410 | 225,314 | 275,483 | 372,430 | 415,202 | |||||
| misc current assets | ||||||||||||||
| total current assets | 191,806 | 125,276 | 430,136 | 327,689 | 270,737 | 288,478 | 312,069 | 233,055 | 162,829 | 199,190 | 270,928 | 333,123 | 474,092 | 514,914 |
| total assets | 193,309 | 127,279 | 430,137 | 345,758 | 293,323 | 315,899 | 344,325 | 271,061 | 208,578 | 255,139 | 338,527 | 413,972 | 540,472 | 546,345 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 16,892 | 11,732 | 10,785 | 49,937 | 52,812 | 3,223 | 4,611 | 66,302 | 43,906 | 55,048 | 63,431 | 88,207 | 94,394 | 153,727 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 68,862 | 48,788 | 50,850 | 66,383 | 72,802 | |||||||||
| total current liabilities | 85,754 | 60,520 | 61,635 | 49,937 | 52,812 | 69,606 | 77,413 | 66,302 | 43,906 | 55,048 | 63,431 | 88,207 | 94,394 | 153,727 |
| loans | 34,166 | 44,166 | 50,000 | |||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 34,166 | 44,166 | 50,000 | |||||||||||
| total liabilities | 119,920 | 104,686 | 111,635 | 49,937 | 52,812 | 69,606 | 77,413 | 66,302 | 43,906 | 55,048 | 63,431 | 88,207 | 94,394 | 153,727 |
| net assets | 73,389 | 22,593 | 318,502 | 295,821 | 240,511 | 246,293 | 266,912 | 204,759 | 164,672 | 200,091 | 275,096 | 325,765 | 446,078 | 392,618 |
| total shareholders funds | 73,389 | 22,593 | 318,502 | 295,821 | 240,511 | 246,293 | 266,912 | 204,759 | 164,672 | 200,091 | 275,096 | 325,765 | 446,078 | 392,618 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 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 | 500 | 4,835 | 10,950 | 8,700 | 3,663 | 3,353 | ||||||||
| Amortisation | 2,300 | 2,300 | 2,300 | 1,555 | ||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 11,813 | -289,558 | 35,645 | 56,952 | 218,619 | 6,459 | -187,396 | 70,226 | -36,361 | 153,576 | -12,026 | -44,022 | 1,950 | 99,712 |
| Creditors | 5,160 | 947 | -39,152 | -2,875 | 49,589 | -1,388 | -61,691 | 22,396 | -11,142 | -8,383 | -24,776 | -6,187 | -59,333 | 153,727 |
| Accruals and Deferred Income | 20,074 | -2,062 | 50,850 | -66,383 | -6,419 | 72,802 | ||||||||
| 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 | -10,000 | -5,834 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 54,717 | -15,302 | 66,802 | -236,360 | -30,050 | 266,410 | -225,314 | -50,169 | -96,947 | -42,772 | 415,202 | |||
| overdraft | ||||||||||||||
| change in cash | 54,717 | -15,302 | 66,802 | -236,360 | -30,050 | 266,410 | -225,314 | -50,169 | -96,947 | -42,772 | 415,202 |
certax accounting limited Credit Report and Business Information
Certax Accounting Limited Competitor Analysis
Perform a competitor analysis for certax accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in S40 area or any other competitors across 12 key performance metrics.
certax accounting limited Ownership
CERTAX ACCOUNTING LIMITED group structure
Certax Accounting Limited has no subsidiary companies.
Ultimate parent company
CERTAX ACCOUNTING LIMITED
03786454
certax accounting limited directors
Certax Accounting Limited currently has 5 directors. The longest serving directors include Mr Keith Bradshaw (Jun 1999) and Mr Andrew Herring (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Bradshaw | England | 67 years | Jun 1999 | - | Director |
| Mr Andrew Herring | England | 35 years | Feb 2020 | - | Director |
| Mr Ashfaq Ahmad | United Kingdom | 59 years | Aug 2020 | - | Director |
| Mr Ishtiaq Ahmad | England | 54 years | Aug 2020 | - | Director |
| Mr Cengiz Yildiz | England | 51 years | Aug 2020 | - | Director |
P&L
July 2023turnover
417.3k
+2%
operating profit
68.1k
0%
gross margin
33.2%
+0.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
73.4k
+2.25%
total assets
193.3k
+0.52%
cash
106.2k
+1.06%
net assets
Total assets minus all liabilities
Similar Companies
certax accounting limited company details
company number
03786454
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
June 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
cert tax accounting limited (August 1999)
accountant
-
auditor
-
address
maynard house 40 clarence road, chesterfield, derbyshire, S40 1LQ
Bank
-
Legal Advisor
-
certax accounting 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 certax accounting limited.
certax accounting 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 CERTAX ACCOUNTING LIMITED. This can take several minutes, an email will notify you when this has completed.
certax accounting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
