pride accountancy services limited

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pride accountancy services limited Company Information

Share PRIDE ACCOUNTANCY SERVICES LIMITED

Company Number

04122525

Directors

Keith Whyle

Shareholders

keith david whyle

Group Structure

View All

Industry

Accounting, and auditing activities

 +1

Registered Address

polymer court, hope street, dudley, west midlands, DY2 8RS

pride accountancy services limited Estimated Valuation

£49k

Pomanda estimates the enterprise value of PRIDE ACCOUNTANCY SERVICES LIMITED at £49k based on a Turnover of £53.7k and 0.91x industry multiple (adjusted for size and gross margin).

pride accountancy services limited Estimated Valuation

£134.3k

Pomanda estimates the enterprise value of PRIDE ACCOUNTANCY SERVICES LIMITED at £134.3k based on an EBITDA of £22.3k and a 6.03x industry multiple (adjusted for size and gross margin).

pride accountancy services limited Estimated Valuation

£532.1k

Pomanda estimates the enterprise value of PRIDE ACCOUNTANCY SERVICES LIMITED at £532.1k based on Net Assets of £146.9k and 3.62x industry multiple (adjusted for liquidity).

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Pride Accountancy Services Limited Overview

Pride Accountancy Services Limited is a live company located in dudley, DY2 8RS with a Companies House number of 04122525. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2000, it's largest shareholder is keith david whyle with a 100% stake. Pride Accountancy Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £53.7k with low growth in recent years.

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Pride Accountancy Services Limited Health Check

Pomanda's financial health check has awarded Pride Accountancy Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £53.7k, make it smaller than the average company (£364.8k)

£53.7k - Pride Accountancy Services Limited

£364.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.8%)

3% - Pride Accountancy Services Limited

6.8% - Industry AVG

production

Production

with a gross margin of 89.3%, this company has a comparable cost of product (89.3%)

89.3% - Pride Accountancy Services Limited

89.3% - Industry AVG

profitability

Profitability

an operating margin of 41.5% make it more profitable than the average company (8.1%)

41.5% - Pride Accountancy Services Limited

8.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Pride Accountancy Services Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)

£46.6k - Pride Accountancy Services Limited

£46.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.7k, this is less efficient (£86.3k)

£53.7k - Pride Accountancy Services Limited

£86.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is earlier than average (79 days)

58 days - Pride Accountancy Services Limited

79 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Pride Accountancy Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Pride Accountancy Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 111 weeks, this is more cash available to meet short term requirements (28 weeks)

111 weeks - Pride Accountancy Services Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45.2%, this is a lower level of debt than the average (52.7%)

45.2% - Pride Accountancy Services Limited

52.7% - Industry AVG

PRIDE ACCOUNTANCY SERVICES LIMITED financials

EXPORTms excel logo

Pride Accountancy Services Limited's latest turnover from December 2023 is estimated at £53.7 thousand and the company has net assets of £146.9 thousand. According to their latest financial statements, Pride Accountancy Services Limited has 1 employee and maintains cash reserves of £259.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover53,73147,92252,01049,12173,12863,60583,771110,26294,993158,171132,587139,267139,422149,275
Other Income Or Grants
Cost Of Sales5,7416,0525,7055,5143,9874,56810,07811,94010,66917,97213,90514,94015,99814,450
Gross Profit47,99041,87046,30443,60769,14159,03773,69398,32284,324140,199118,682124,327123,423134,826
Admin Expenses25,71416,08931,61729,84550,99053,20673,07287,17888,143150,70997,952110,113114,832128,131-18,038
Operating Profit22,27625,78114,68713,76218,1515,83162111,144-3,819-10,51020,73014,2148,5916,69518,038
Interest Payable
Interest Receivable12,9987,7694981781,1881,043593259435355234226300256109
Pre-Tax Profit35,27533,54915,18513,94019,3386,8741,21511,403-3,384-10,15520,96414,4398,8916,95118,147
Tax-8,819-6,374-2,885-2,649-3,674-1,306-231-2,280-4,822-3,465-2,312-1,946-5,081
Profit After Tax26,45627,17512,30011,29115,6645,5689849,122-3,384-10,15516,14210,9746,5795,00513,066
Dividends Paid
Retained Profit26,45627,17512,30011,29115,6645,5689849,122-3,384-10,15516,14210,9746,5795,00513,066
Employee Costs46,59544,02636,71531,35337,49841,86077,40371,76776,62590,44489,58576,28282,746119,923
Number Of Employees11111122222223
EBITDA*22,27925,78414,69113,76718,1575,84063311,160-3,798-10,48220,76714,2638,6576,78318,155

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets471014192534466283111148197263351
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets471014192534466283111148197263351
Stock & work in progress
Trade Debtors8,6186,4629,2708,81216,05611,34410,06111,64513,03920,47316,30519,12119,46121,10910,592
Group Debtors
Misc Debtors6,936
Cash259,545235,627208,293190,114165,108151,620126,427110,93396,07177,76464,28629,26061,08658,73543,690
misc current assets
total current assets268,163242,089217,563198,926181,164162,964136,488122,578116,04698,23780,59148,38180,54779,84454,282
total assets268,167242,096217,573198,940181,183162,989136,522122,624116,10898,32080,70248,52980,74480,10754,633
Bank overdraft
Bank loan
Trade Creditors 56,60928,83612,80555,99461,93641,467
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities121,280121,665124,317117,984111,518108,98888,08975,17577,781
total current liabilities121,280121,665124,317117,984111,518108,98888,08975,17577,78156,60928,83612,80555,99461,93641,467
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities121,280121,665124,317117,984111,518108,98888,08975,17577,78156,60928,83612,80555,99461,93641,467
net assets146,887120,43193,25680,95669,66554,00148,43347,44938,32741,71151,86635,72424,75018,17113,166
total shareholders funds146,887120,43193,25680,95669,66554,00148,43347,44938,32741,71151,86635,72424,75018,17113,166
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit22,27625,78114,68713,76218,1515,83162111,144-3,819-10,51020,73014,2148,5916,69518,038
Depreciation3345691216212837496688117
Amortisation
Tax-8,819-6,374-2,885-2,649-3,674-1,306-231-2,280-4,822-3,465-2,312-1,946-5,081
Stock
Debtors2,156-2,808458-7,2444,7121,283-1,584-8,330-4984,168-2,816-340-1,64810,51710,592
Creditors-56,60927,77316,031-43,189-5,94220,46941,467
Accruals and Deferred Income-385-2,6526,3336,4662,53020,89912,914-2,60677,781
Deferred Taxes & Provisions
Cash flow from operations10,91919,56617,68124,82812,30124,15014,90014,60417,87213,12334,792-32,0512,05114,78943,949
Investing Activities
capital expenditure-468
Change in Investments
cash flow from investments-468
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest12,9987,7694981781,1881,043593259435355234226300256109
cash flow from financing12,9987,7694981781,1881,043593259435355234226300256209
cash and cash equivalents
cash23,91827,33418,17925,00613,48825,19315,49414,86218,30713,47835,026-31,8262,35115,04543,690
overdraft
change in cash23,91827,33418,17925,00613,48825,19315,49414,86218,30713,47835,026-31,8262,35115,04543,690

pride accountancy services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Pride Accountancy Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for pride accountancy services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DY2 area or any other competitors across 12 key performance metrics.

pride accountancy services limited Ownership

PRIDE ACCOUNTANCY SERVICES LIMITED group structure

Pride Accountancy Services Limited has no subsidiary companies.

Ultimate parent company

PRIDE ACCOUNTANCY SERVICES LIMITED

04122525

PRIDE ACCOUNTANCY SERVICES LIMITED Shareholders

keith david whyle 100%

pride accountancy services limited directors

Pride Accountancy Services Limited currently has 1 director, Mr Keith Whyle serving since Dec 2000.

officercountryagestartendrole
Mr Keith Whyle57 years Dec 2000- Director

P&L

December 2023

turnover

53.7k

+12%

operating profit

22.3k

0%

gross margin

89.4%

+2.22%

turnover

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

Balance Sheet

December 2023

net assets

146.9k

+0.22%

total assets

268.2k

+0.11%

cash

259.5k

+0.1%

net assets

Total assets minus all liabilities

pride accountancy services limited company details

company number

04122525

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

69203 - Tax consultancy

incorporation date

December 2000

age

25

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

polymer court, hope street, dudley, west midlands, DY2 8RS

Bank

-

Legal Advisor

-

pride accountancy 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 pride accountancy services limited.

pride accountancy 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.

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pride accountancy services limited Companies House Filings - See Documents

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