malik accountancy services ltd
malik accountancy services ltd Company Information
Company Number
05381160
Website
-Registered Address
50 dene ave, hounslow, middx, TW3 3AH
Industry
Accounting, and auditing activities
Telephone
02085700433
Next Accounts Due
December 2024
Group Structure
View All
Directors
Ashfaq Malik19 Years
Shareholders
ulya malik 40%
sunela malik-jones 40%
View Allmalik accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of MALIK ACCOUNTANCY SERVICES LTD at £54.6k based on a Turnover of £70.4k and 0.78x industry multiple (adjusted for size and gross margin).
malik accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of MALIK ACCOUNTANCY SERVICES LTD at £56k based on an EBITDA of £12.4k and a 4.53x industry multiple (adjusted for size and gross margin).
malik accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of MALIK ACCOUNTANCY SERVICES LTD at £126.6k based on Net Assets of £68.6k and 1.85x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Malik Accountancy Services Ltd Overview
Malik Accountancy Services Ltd is a live company located in middx, TW3 3AH with a Companies House number of 05381160. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2005, it's largest shareholder is ulya malik with a 40% stake. Malik Accountancy Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £70.4k with rapid growth in recent years.
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Malik Accountancy Services Ltd Health Check
Pomanda's financial health check has awarded Malik Accountancy Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £70.4k, make it smaller than the average company (£138.4k)
- Malik Accountancy Services Ltd
£138.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 95%, show it is growing at a faster rate (5.8%)
- Malik Accountancy Services Ltd
5.8% - Industry AVG
Production
with a gross margin of 46.8%, this company has a higher cost of product (69%)
- Malik Accountancy Services Ltd
69% - Industry AVG
Profitability
an operating margin of 16.8% make it as profitable than the average company (15.5%)
- Malik Accountancy Services Ltd
15.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Malik Accountancy Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £20.7k, the company has an equivalent pay structure (£20.7k)
- Malik Accountancy Services Ltd
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.2k, this is less efficient (£69.4k)
- Malik Accountancy Services Ltd
£69.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Malik Accountancy Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (26 days)
- Malik Accountancy Services Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Malik Accountancy Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (26 weeks)
38 weeks - Malik Accountancy Services Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (57.4%)
83% - Malik Accountancy Services Ltd
57.4% - Industry AVG
MALIK ACCOUNTANCY SERVICES LTD financials
Malik Accountancy Services Ltd's latest turnover from March 2023 is estimated at £70.4 thousand and the company has net assets of £68.6 thousand. According to their latest financial statements, Malik Accountancy Services Ltd has 2 employees and maintains cash reserves of £10 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 | 9,560 | 16,800 | 19,010 | 23,475 | 25,525 | 25,980 | 26,095 | 32,290 | 33,820 | 33,030 | 32,890 | |||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 12 | 8 | 60 | 114 | 74 | 32 | 37 | 34 | 32 | 32 | 574 | |||
| Pre-Tax Profit | 9,554 | 11,750 | 9,654 | 3,806 | 4,867 | 4,763 | 3,686 | 7,443 | 9,714 | 10,054 | 13,006 | |||
| Tax | -1,881 | -2,217 | -1,793 | -745 | -840 | -966 | -666 | -1,425 | -1,746 | -2,430 | -2,722 | |||
| Profit After Tax | 7,673 | 9,533 | 7,861 | 3,061 | 4,027 | 3,797 | 3,020 | 6,018 | 7,968 | 7,624 | 10,284 | |||
| Dividends Paid | 2,000 | 2,000 | 2,000 | 6,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 6,000 | |||
| Retained Profit | 5,673 | 7,533 | 5,861 | -2,939 | -3,973 | -4,203 | -4,980 | -1,982 | -32 | -376 | 4,284 | |||
| Employee Costs | 8,180 | 10,080 | 10,200 | 10,200 | 10,200 | 10,687 | 10,943 | 11,572 | 11,729 | 11,566 | 11,540 | |||
| Number Of Employees | 2 | 2 | 2 | |||||||||||
| EBITDA* |
* 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 | 2,940 | 2,778 | 1,988 | 183,958 | 184,383 | 184,399 | 2,045 | 2,108 | 1,620 | 1,900 | 1,808 | 1,808 | 1,268 | 2,559 |
| Intangible Assets | 0 | 0 | 0 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 |
| Investments & Other | 390,212 | 390,212 | 182,254 | 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 | 393,152 | 392,990 | 184,242 | 189,958 | 190,383 | 190,399 | 8,045 | 8,108 | 7,620 | 7,900 | 7,808 | 7,808 | 7,268 | 8,559 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 920 | 2,320 | 520 | 800 |
| 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 | 300 |
| Cash | 9,966 | 13,224 | 19,154 | 12,961 | 9,297 | 9,856 | 24,981 | 32,497 | 35,993 | 38,473 | 44,086 | 47,786 | 51,984 | 49,702 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,966 | 13,224 | 19,154 | 12,961 | 9,297 | 9,856 | 24,981 | 32,497 | 35,993 | 38,473 | 45,006 | 50,106 | 52,504 | 50,802 |
| total assets | 403,118 | 406,214 | 203,396 | 202,919 | 199,680 | 200,255 | 33,026 | 40,605 | 43,613 | 46,373 | 52,814 | 57,914 | 59,772 | 59,361 |
| 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 | 13,333 | 14,433 | 12,317 | 0 | 1,600 | 1,600 | 3,140 | 4,165 | 3,860 | 3,600 | 5,400 | 6,690 | 3,850 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 384 | 1,600 | 1,989 | 2,588 | 4,022 | 3,192 | 2,472 | 1,408 | 2,316 | 6,252 | 6,530 |
| 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 | 6,737 | 6,355 | 5,975 | 7,623 | 9,804 | 9,974 | 9,511 | 10,236 | 11,156 | 11,886 | 14,671 |
| total current liabilities | 13,333 | 14,433 | 12,317 | 7,121 | 9,555 | 9,564 | 13,351 | 17,991 | 17,026 | 15,583 | 17,044 | 20,162 | 21,988 | 21,201 |
| loans | 0 | 0 | 0 | 152,456 | 152,456 | 161,255 | 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 | 321,155 | 333,155 | 143,155 | 4,200 | 4,200 | 3,500 | 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 | 321,155 | 333,155 | 143,155 | 156,656 | 156,656 | 164,755 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 334,488 | 347,588 | 155,472 | 163,777 | 166,211 | 174,319 | 13,351 | 17,991 | 17,026 | 15,583 | 17,044 | 20,162 | 21,988 | 21,201 |
| net assets | 68,630 | 58,626 | 47,924 | 39,142 | 33,469 | 25,936 | 19,675 | 22,614 | 26,587 | 30,790 | 35,770 | 37,752 | 37,784 | 38,160 |
| total shareholders funds | 68,630 | 58,626 | 47,924 | 39,142 | 33,469 | 25,936 | 19,675 | 22,614 | 26,587 | 30,790 | 35,770 | 37,752 | 37,784 | 38,160 |
| 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 | ||||||||||||||
| Depreciation | 518 | 490 | 496 | 425 | 376 | 380 | 511 | 372 | 280 | 336 | 320 | 320 | 312 | 452 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,881 | -2,217 | -1,793 | -745 | -840 | -966 | -666 | -1,425 | -1,746 | -2,430 | -2,722 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -920 | -1,400 | 1,800 | -580 | 1,100 |
| Creditors | -1,100 | 2,116 | 12,317 | -1,600 | 0 | -1,540 | -1,025 | 305 | 260 | -1,800 | -1,290 | 2,840 | 3,850 | 0 |
| Accruals and Deferred Income | 0 | 0 | -6,737 | 382 | 380 | -1,648 | -2,181 | -170 | 463 | -725 | -920 | -730 | -2,785 | 14,671 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 207,958 | 182,254 | 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 | -384 | -1,216 | -389 | -599 | -1,434 | 830 | 720 | 1,064 | -908 | -3,936 | -278 | 6,530 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -152,456 | 0 | -8,799 | 161,255 | 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 | -12,000 | 190,000 | 138,955 | 0 | 700 | 3,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 12 | 8 | 114 | 74 | 32 | 37 | 34 | 32 | 32 | 574 | ||||
| cash flow from financing | -1,204 | -8,480 | -1,320 | 904 | 752 | 1,101 | -874 | -3,904 | -246 | 40,980 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,258 | -5,930 | 6,193 | 3,664 | -559 | -15,125 | -7,516 | -3,496 | -2,480 | -5,613 | -3,700 | -4,198 | 2,282 | 49,702 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,258 | -5,930 | 6,193 | 3,664 | -559 | -15,125 | -7,516 | -3,496 | -2,480 | -5,613 | -3,700 | -4,198 | 2,282 | 49,702 |
malik accountancy services ltd Credit Report and Business Information
Malik Accountancy Services Ltd Competitor Analysis
Perform a competitor analysis for malik accountancy services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TW3 area or any other competitors across 12 key performance metrics.
malik accountancy services ltd Ownership
MALIK ACCOUNTANCY SERVICES LTD group structure
Malik Accountancy Services Ltd has no subsidiary companies.
Ultimate parent company
MALIK ACCOUNTANCY SERVICES LTD
05381160
malik accountancy services ltd directors
Malik Accountancy Services Ltd currently has 1 director, Mr Ashfaq Malik serving since Mar 2005.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashfaq Malik | 85 years | Mar 2005 | - | Director |
P&L
March 2023turnover
70.4k
-9%
operating profit
11.9k
0%
gross margin
46.9%
-0.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
68.6k
+0.17%
total assets
403.1k
-0.01%
cash
10k
-0.25%
net assets
Total assets minus all liabilities
Similar Companies
malik accountancy services ltd company details
company number
05381160
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
March 2005
age
19
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
50 dene ave, hounslow, middx, TW3 3AH
accountant
PARAM & COMPANY LTD
auditor
-
malik accountancy services ltd 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 malik accountancy services ltd.
malik accountancy services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
