galloways accounting (horsham) limited

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galloways accounting (horsham) limited Company Information

Share GALLOWAYS ACCOUNTING (HORSHAM) LIMITED

Company Number

04701434

Shareholders

galloways accounting holdings limited

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

first floor ridgeland house, 15 carfax, horsham, west sussex, RH12 1DY

galloways accounting (horsham) limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of GALLOWAYS ACCOUNTING (HORSHAM) LIMITED at £2m based on a Turnover of £2.7m and 0.75x industry multiple (adjusted for size and gross margin).

galloways accounting (horsham) limited Estimated Valuation

£5m

Pomanda estimates the enterprise value of GALLOWAYS ACCOUNTING (HORSHAM) LIMITED at £5m based on an EBITDA of £1m and a 4.82x industry multiple (adjusted for size and gross margin).

galloways accounting (horsham) limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of GALLOWAYS ACCOUNTING (HORSHAM) LIMITED at £4.5m based on Net Assets of £1.5m and 3.02x industry multiple (adjusted for liquidity).

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Galloways Accounting (horsham) Limited Overview

Galloways Accounting (horsham) Limited is a live company located in horsham, RH12 1DY with a Companies House number of 04701434. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2003, it's largest shareholder is galloways accounting holdings limited with a 100% stake. Galloways Accounting (horsham) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.

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Galloways Accounting (horsham) Limited Health Check

Pomanda's financial health check has awarded Galloways Accounting (Horsham) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

0 Regular

positive_score

5 Weak

size

Size

annual sales of £2.7m, make it larger than the average company (£181.4k)

£2.7m - Galloways Accounting (horsham) Limited

£181.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (8.3%)

37% - Galloways Accounting (horsham) Limited

8.3% - Industry AVG

production

Production

with a gross margin of 38.1%, this company has a higher cost of product (93.5%)

38.1% - Galloways Accounting (horsham) Limited

93.5% - Industry AVG

profitability

Profitability

an operating margin of 34.7% make it more profitable than the average company (10.7%)

34.7% - Galloways Accounting (horsham) Limited

10.7% - Industry AVG

employees

Employees

with 29 employees, this is above the industry average (3)

29 - Galloways Accounting (horsham) Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.8k, the company has a higher pay structure (£34.8k)

£55.8k - Galloways Accounting (horsham) Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93k, this is more efficient (£76.4k)

£93k - Galloways Accounting (horsham) Limited

£76.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 148 days, this is later than average (78 days)

148 days - Galloways Accounting (horsham) Limited

78 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (21 days)

8 days - Galloways Accounting (horsham) Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Galloways Accounting (horsham) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (32 weeks)

21 weeks - Galloways Accounting (horsham) Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (50.8%)

28.4% - Galloways Accounting (horsham) Limited

50.8% - Industry AVG

GALLOWAYS ACCOUNTING (HORSHAM) LIMITED financials

EXPORTms excel logo

Galloways Accounting (Horsham) Limited's latest turnover from March 2024 is £2.7 million and the company has net assets of £1.5 million. According to their latest financial statements, Galloways Accounting (Horsham) Limited has 29 employees and maintains cash reserves of £242.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,696,9312,042,9301,200,9721,044,182936,8941,014,516957,6571,041,4641,117,599724,837718,936627,026645,441475,915519,369
Other Income Or Grants
Cost Of Sales1,669,0191,341,065582,299477,813411,494422,496369,359396,951515,421286,727250,064224,251238,215169,014209,482
Gross Profit1,027,912701,865618,673566,368525,400592,020588,297644,512602,178438,110468,872402,775407,225306,902309,887
Admin Expenses93,365238,742395,421611,053471,996541,474519,133622,487572,748454,709477,982426,029429,703320,328178,383
Operating Profit934,547463,123223,252-44,68553,40450,54669,16422,02529,430-16,599-9,110-23,254-22,478-13,426131,504
Interest Payable11,74638,06855,44849,36931,4578,692534534
Interest Receivable1,730145944933247652013391134109203128
Pre-Tax Profit936,277463,137223,846-56,38215,369-4,65519,860-9,23021,076-16,598-9,643-23,754-22,369-13,223131,632
Tax-42,935-34,950-42,531-2,920-3,773-4,215-36,857
Profit After Tax893,342428,187181,315-56,38212,449-4,65516,087-9,23016,861-16,598-9,643-23,754-22,369-13,22394,775
Dividends Paid
Retained Profit893,342428,187181,315-56,38212,449-4,65516,087-9,23016,861-16,598-9,643-23,754-22,369-13,22394,775
Employee Costs1,619,2991,305,759983,325688,690672,030828,172729,862636,662300,866161,576226,801194,473176,312154,944128,766
Number Of Employees293232262425262211687766
EBITDA*1,035,327549,791308,663160,595111,056124,270125,38536,004106,472-14,708-5,014-19,535-19,792-9,343135,508

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets269,54023,43028,0969,2817,18910,10312,64522,98019,16211,59510,98613,3485,0677,7531,816
Intangible Assets104,034180,684257,334333,985535,635710,536547,167570,000578,000220,000220,000220,000220,000220,000220,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets373,574204,114285,430343,266542,824720,639559,812592,980597,162231,595230,986233,348225,067227,753221,816
Stock & work in progress
Trade Debtors1,095,093804,865542,388492,105388,748445,536395,106415,227366,772202,552187,525154,348152,926110,009114,144
Group Debtors194,393
Misc Debtors173,95276,16572,69511,47544,80844,89144,61668,07175,173
Cash242,45859,46061,40697,02217365,62113525,669135,26826826813,65730,06051,322
misc current assets
total current assets1,705,896940,490676,489600,602433,729556,048439,857508,967577,213202,820187,793154,348166,583140,069165,466
total assets2,079,4701,144,604961,919943,868976,5531,276,687999,6691,101,9471,174,375434,415418,779387,696391,650367,822387,282
Bank overdraft217,083212,298200,82157,181116,57816,420
Bank loan
Trade Creditors 38,38723,68821,54529,75439,35045,89627,07246,08784,547174,892123,05986,777331,467285,270291,507
Group/Directors Accounts282,946376,765555,185695,196311,927
other short term finances168,02056,03766,26966,269
hp & lease commitments
other current liabilities263,674144,879213,218231,837198,473338,514158,814298,887279,918
total current liabilities585,007545,332789,948956,787934,853652,745452,976468,424481,043174,892123,059103,197331,467285,270291,507
loans594,691512,787615,704150,877
hp & lease commitments
Accruals and Deferred Income
other liabilities515,406249,335266,004248,070
provisions6,3014,4525,3381,7632,930
total long term liabilities6,3014,4525,3381,763594,691512,787615,704666,283249,335268,934248,070
total liabilities591,308549,784795,286958,550934,8531,247,436965,7631,084,1281,147,326424,227391,993351,267331,467285,270291,507
net assets1,488,162594,820166,633-14,68241,70029,25133,90617,81927,04910,18826,78636,42960,18382,55295,775
total shareholders funds1,488,162594,820166,633-14,68241,70029,25133,90617,81927,04910,18826,78636,42960,18382,55295,775
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit934,547463,123223,252-44,68553,40450,54669,16422,02529,430-16,599-9,110-23,254-22,478-13,426131,504
Depreciation24,13010,0188,7603,6306,0288,40313,2785,9795,0421,8914,0963,7192,6864,0834,004
Amortisation76,65076,65076,651201,65051,62465,32142,9438,00072,000
Tax-42,935-34,950-42,531-2,920-3,773-4,215-36,857
Stock
Debtors582,408265,947111,50370,024-56,87150,705-43,57641,353239,39315,02733,1771,42242,917-4,135114,144
Creditors14,6992,143-8,209-9,596-6,54618,824-19,015-38,460-90,34551,83336,282-244,69046,197-6,237291,507
Accruals and Deferred Income118,795-68,339-18,61933,364-140,041179,700-140,07318,969279,918
Deferred Taxes & Provisions1,849-8863,5751,763-2,9302,930
Cash flow from operations545,327181,812131,376116,10218,420272,0896,100-24,84052,43719,1681,021-265,647-16,512-11,445276,014
Investing Activities
capital expenditure-270,240-5,352-27,575-5,722120,163-234,551-23,053-9,797-442,609-2,500-1,734-12,000-10,020-225,820
Change in Investments
cash flow from investments-270,240-5,352-27,575-5,722120,163-234,551-23,053-9,797-442,609-2,500-1,734-12,000-10,020-225,820
Financing Activities
Bank loans
Group/Directors Accounts-93,819-178,420-140,011383,269311,927
Other Short Term Loans -168,020111,983-10,23266,269
Long term loans-594,69181,904-102,917464,827150,877
Hire Purchase and Lease Commitments
other long term liabilities-515,406266,071-16,66917,934248,070
share issue1,000
interest1,73014594-11,697-38,035-55,201-49,304-31,256-8,3531-533-500109203128
cash flow from financing-92,089-178,406-139,417203,552-208,81616,471-152,221-15,566408,595-16,66817,401247,5701092031,128
cash and cash equivalents
cash182,998-1,946-35,61696,849-65,44865,486-25,534-109,599135,000268-13,657-16,403-21,26251,322
overdraft-217,0834,78511,477143,640-59,397116,578-16,42016,420
change in cash182,998-1,946-35,616313,932-70,23354,009-169,174-50,20218,42216,688-30,077-16,403-21,26251,322

galloways accounting (horsham) 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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Galloways Accounting (horsham) Limited Competitor Analysis

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Perform a competitor analysis for galloways accounting (horsham) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in RH12 area or any other competitors across 12 key performance metrics.

galloways accounting (horsham) limited Ownership

GALLOWAYS ACCOUNTING (HORSHAM) LIMITED group structure

Galloways Accounting (Horsham) Limited has no subsidiary companies.

Ultimate parent company

2 parents

GALLOWAYS ACCOUNTING (HORSHAM) LIMITED

04701434

GALLOWAYS ACCOUNTING (HORSHAM) LIMITED Shareholders

galloways accounting holdings limited 100%

galloways accounting (horsham) limited directors

Galloways Accounting (Horsham) Limited currently has 3 directors. The longest serving directors include Mr Matthew Rourke (Mar 2020) and Mr Scott Harrower (Sep 2023).

officercountryagestartendrole
Mr Matthew RourkeUnited Kingdom53 years Mar 2020- Director
Mr Scott HarrowerEngland45 years Sep 2023- Director
Mr Mark CrowterEngland42 years May 2024- Director

P&L

March 2024

turnover

2.7m

+32%

operating profit

934.5k

+102%

gross margin

38.2%

+10.94%

turnover

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

Balance Sheet

March 2024

net assets

1.5m

+1.5%

total assets

2.1m

+0.82%

cash

242.5k

+3.08%

net assets

Total assets minus all liabilities

galloways accounting (horsham) limited company details

company number

04701434

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

March 2003

age

22

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

March 2024

previous names

d.a. clark & co limited (April 2021)

accountant

-

auditor

-

address

first floor ridgeland house, 15 carfax, horsham, west sussex, RH12 1DY

Bank

-

Legal Advisor

-

galloways accounting (horsham) 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 found 5 charges/mortgages relating to galloways accounting (horsham) limited. Currently there are 0 open charges and 5 have been satisfied in the past.

galloways accounting (horsham) 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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galloways accounting (horsham) limited Companies House Filings - See Documents

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