tandem accounting limited

tandem accounting limited Company Information

Share TANDEM ACCOUNTING LIMITED
Live 
MatureMicroHigh

Company Number

05388874

Industry

Accounting, and auditing activities

 

Bookkeeping activities

 

Directors

John Helm

Shareholders

john helm

natasha helm

Group Structure

View All

Contact

Registered Address

17 heathville road, london, N19 3AL

Website

-

tandem accounting limited Estimated Valuation

£225.3k

Pomanda estimates the enterprise value of TANDEM ACCOUNTING LIMITED at £225.3k based on a Turnover of £440.7k and 0.51x industry multiple (adjusted for size and gross margin).

tandem accounting limited Estimated Valuation

£162k

Pomanda estimates the enterprise value of TANDEM ACCOUNTING LIMITED at £162k based on an EBITDA of £51.8k and a 3.13x industry multiple (adjusted for size and gross margin).

tandem accounting limited Estimated Valuation

£410.2k

Pomanda estimates the enterprise value of TANDEM ACCOUNTING LIMITED at £410.2k based on Net Assets of £122.7k and 3.34x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Tandem Accounting Limited Overview

Tandem Accounting Limited is a live company located in london, N19 3AL with a Companies House number of 05388874. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2005, it's largest shareholder is john helm with a 51% stake. Tandem Accounting Limited is a mature, micro sized company, Pomanda has estimated its turnover at £440.7k with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Tandem Accounting Limited Health Check

Pomanda's financial health check has awarded Tandem Accounting Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £440.7k, make it larger than the average company (£130k)

£440.7k - Tandem Accounting Limited

£130k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.7%)

15% - Tandem Accounting Limited

6.7% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a higher cost of product (79.3%)

28.6% - Tandem Accounting Limited

79.3% - Industry AVG

profitability

Profitability

an operating margin of 11.8% make it more profitable than the average company (6.3%)

11.8% - Tandem Accounting Limited

6.3% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (2)

10 - Tandem Accounting Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.7k, the company has an equivalent pay structure (£25.7k)

£25.7k - Tandem Accounting Limited

£25.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £44.1k, this is less efficient (£62.6k)

£44.1k - Tandem Accounting Limited

£62.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 160 days, this is later than average (71 days)

160 days - Tandem Accounting Limited

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 84 days, this is slower than average (14 days)

84 days - Tandem Accounting Limited

14 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tandem Accounting Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tandem Accounting Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.3%, this is a lower level of debt than the average (64.2%)

37.3% - Tandem Accounting Limited

64.2% - Industry AVG

TANDEM ACCOUNTING LIMITED financials

EXPORTms excel logo

Tandem Accounting Limited's latest turnover from March 2024 is estimated at £440.7 thousand and the company has net assets of £122.7 thousand. According to their latest financial statements, Tandem Accounting Limited has 10 employees and maintains cash reserves of 0 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
Turnover440,727258,910322,922287,612131,240280,385217,635176,288210,8455,64920,785180,338100,61715,5575,201
Other Income Or Grants000000000000000
Cost Of Sales314,720145,105181,536159,11967,142104,22576,62565,54382,2012,1847,35764,06848,2825,9052,088
Gross Profit126,007113,805141,386128,49364,098176,160141,011110,745128,6443,46413,428116,27052,3359,6513,113
Admin Expenses74,203147,202125,42197,29468,279155,07899,595120,707125,2204,25117,519102,28129,42210,108-20,252
Operating Profit51,804-33,39715,96531,199-4,18121,08241,416-9,9623,424-787-4,09113,98922,913-45723,365
Interest Payable000000000000000
Interest Receivable0004444514942108121149106523924
Pre-Tax Profit51,804-33,39715,96531,243-4,13721,13241,465-9,9203,533-666-3,94214,09522,965-41823,389
Tax-12,9510-3,033-5,9360-4,015-7,8780-70600-3,383-5,9710-6,549
Profit After Tax38,853-33,39712,93225,307-4,13717,11733,587-9,9202,826-666-3,94210,71216,994-41816,840
Dividends Paid000000000000000
Retained Profit38,853-33,39712,93225,307-4,13717,11733,587-9,9202,826-666-3,94210,71216,994-41816,840
Employee Costs256,644218,286207,810189,093163,735119,73965,82278,46268,59023,16123,85951,58350,30618,61215,427
Number Of Employees1099985333112211
EBITDA*51,804-33,39715,96532,180-4,18121,08244,994-6,3857,0022,171-3,95814,23323,157-21423,475

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,3231,0791,5061,4252,2961,6936194,1977,7748,8740133377621330
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,3231,0791,5061,4252,2961,6936194,1977,7748,8740133377621330
Stock & work in progress000000000000000
Trade Debtors194,288102,665165,093142,09123,464123,62774,98854,98754,9431,3084,66038,43621,2783,2151,079
Group Debtors000000000000000
Misc Debtors00001,104015,0000061,62651,20820,33816,96218,62414,942
Cash000087,650013,4806,23227,26316,06632,22927,43414,8405,9769,754
misc current assets000000000000000
total current assets194,288102,665165,093142,091112,218123,627103,46861,21982,20679,00088,09786,20853,08027,81525,775
total assets195,611103,744166,599143,516114,514125,320104,08765,41689,98087,87488,09786,34153,45728,43626,105
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 72,92319,90949,36739,2164,5480000000000
Group/Directors Accounts00003426,578000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000030,53135,51237,97432,89047,53448,25447,81142,11319,94111,9149,264
total current liabilities72,92319,90949,36739,21635,42142,09037,97432,89047,53448,25447,81142,11319,94111,9149,264
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities72,92319,90949,36739,21635,42142,09037,97432,89047,53448,25447,81142,11319,94111,9149,264
net assets122,68883,835117,232104,30079,09383,23066,11332,52642,44639,62040,28644,22833,51616,52216,841
total shareholders funds122,68883,835117,232104,30079,09383,23066,11332,52642,44639,62040,28644,22833,51616,52216,841
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit51,804-33,39715,96531,199-4,18121,08241,416-9,9623,424-787-4,09113,98922,913-45723,365
Depreciation000981003,5783,5773,5782,958133244244243110
Amortisation000000000000000
Tax-12,9510-3,033-5,9360-4,015-7,8780-70600-3,383-5,9710-6,549
Stock000000000000000
Debtors91,623-62,42823,002117,523-99,05933,63935,00144-7,9917,066-2,90620,53416,4015,81816,021
Creditors53,014-29,45810,15134,6684,5480000000000
Accruals and Deferred Income000-30,531-4,981-2,4625,084-14,644-7204435,69822,1728,0272,6509,264
Deferred Taxes & Provisions000000000000000
Cash flow from operations244-42781-87,14294,445-19,0347,199-21,07313,567-4,4524,64612,4888,812-3,38210,169
Investing Activities
capital expenditure-244427-81-110-603-1,07400-2,478-11,832000-534-440
Change in Investments000000000000000
cash flow from investments-244427-81-110-603-1,07400-2,478-11,832000-534-440
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000-342-6,2366,578000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000-100000000000991
interest0004444514942108121149106523924
cash flow from financing000-398-6,1926,62949421081211491065213825
cash and cash equivalents
cash000-87,65087,650-13,4807,248-21,03111,197-16,1634,79512,5948,864-3,7789,754
overdraft000000000000000
change in cash000-87,65087,650-13,4807,248-21,03111,197-16,1634,79512,5948,864-3,7789,754

tandem accounting limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for tandem accounting limited. Get real-time insights into tandem accounting limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Tandem Accounting Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tandem accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N19 area or any other competitors across 12 key performance metrics.

tandem accounting limited Ownership

TANDEM ACCOUNTING LIMITED group structure

Tandem Accounting Limited has no subsidiary companies.

Ultimate parent company

TANDEM ACCOUNTING LIMITED

05388874

TANDEM ACCOUNTING LIMITED Shareholders

john helm 51%
natasha helm 49%

tandem accounting limited directors

Tandem Accounting Limited currently has 1 director, Mr John Helm serving since Mar 2005.

officercountryagestartendrole
Mr John HelmUnited Kingdom58 years Mar 2005- Director

P&L

March 2024

turnover

440.7k

+70%

operating profit

51.8k

0%

gross margin

28.6%

-34.96%

turnover

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

Balance Sheet

March 2024

net assets

122.7k

+0.46%

total assets

195.6k

+0.89%

cash

0

0%

net assets

Total assets minus all liabilities

tandem accounting limited company details

company number

05388874

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

March 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

simply churches limited (April 2022)

eliana property services limited (January 2007)

accountant

-

auditor

-

address

17 heathville road, london, N19 3AL

Bank

-

Legal Advisor

-

tandem 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 tandem accounting limited.

tandem 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 TANDEM ACCOUNTING LIMITED. This can take several minutes, an email will notify you when this has completed.

tandem accounting limited Companies House Filings - See Documents

datedescriptionview/download