Pomanda estimates the enterprise value of ACCOUNTANTS IN DEMAND LIMITED at £1.5m based on a Turnover of £9.2m and 0.17x industry multiple (adjusted for size and gross margin).
accountants in demand limitedEstimated Valuation
£566.6k
Pomanda estimates the enterprise value of ACCOUNTANTS IN DEMAND LIMITED at £566.6k based on an EBITDA of £160.5k and a 3.53x industry multiple (adjusted for size and gross margin).
accountants in demand limitedEstimated Valuation
£131.3k
Pomanda estimates the enterprise value of ACCOUNTANTS IN DEMAND LIMITED at £131.3k based on Net Assets of £108.9k and 1.21x industry multiple (adjusted for liquidity).
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Accountants In Demand LimitedOverview
Accountants In Demand Limited is a live company located in oldham, OL9 9XA with a Companies House number of 05470674. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in June 2005, it's largest shareholder is
neil anthony fineberg
with a 50% stake. Accountants In Demand Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£9.2m with
declining
growth in recent years.
Pomanda's financial health check has awarded Accountants In Demand Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £9.2m, make it smaller than the average company (£16.5m)
£9.2m - Accountants In Demand Limited
£16.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.8%)
-8% - Accountants In Demand Limited
5.8% - Industry AVG
Production
with a gross margin of 18.6%, this company has a comparable cost of product (18.6%)
18.6% - Accountants In Demand Limited
18.6% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (2.6%)
1.6% - Accountants In Demand Limited
2.6% - Industry AVG
Employees
with 19 employees, this is below the industry average (57)
19 - Accountants In Demand Limited
57 - Industry AVG
Pay Structure
on an average salary of £52.6k, the company has an equivalent pay structure (£52.6k)
£52.6k - Accountants In Demand Limited
£52.6k - Industry AVG
Efficiency
resulting in sales per employee of £485.5k, this is more efficient (£244.9k)
£485.5k - Accountants In Demand Limited
£244.9k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (45 days)
20 days - Accountants In Demand Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (4 days)
22 days - Accountants In Demand Limited
4 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is more than average (0 days)
3 days - Accountants In Demand Limited
0 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Accountants In Demand Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.2%, this is a higher level of debt than the average (71.5%)
92.2% - Accountants In Demand Limited
71.5% - Industry AVG
ACCOUNTANTS IN DEMAND LIMITED financials
EXPORT
Accountants In Demand Limited's latest turnover from December 2023 is estimated at £9.2 million and the company has net assets of £108.9 thousand. According to their latest financial statements, Accountants In Demand Limited has 19 employees and maintains cash reserves of £25.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Turnover
9,224,572
13,787,525
15,516,207
11,861,834
10,257,820
11,269,687
10,394,801
11,960,011
14,794,528
23,480,177
37,075,848
30,367,739
12,421,295
18,423,887
Other Income Or Grants
Cost Of Sales
7,513,765
11,349,922
13,006,857
9,922,956
8,496,978
9,305,071
8,571,915
9,895,467
12,222,155
19,316,499
30,467,579
25,029,106
10,128,889
14,783,951
Gross Profit
1,710,807
2,437,604
2,509,350
1,938,878
1,760,842
1,964,617
1,822,887
2,064,544
2,572,372
4,163,678
6,608,269
5,338,634
2,292,406
3,639,937
Admin Expenses
1,561,595
2,428,143
2,428,695
1,873,768
1,726,030
1,891,338
1,869,917
1,976,748
2,102,703
4,383,503
6,607,146
6,358,457
2,007,567
2,400,732
Operating Profit
149,212
9,461
80,655
65,110
34,812
73,279
-47,030
87,796
469,669
-219,825
1,123
-1,019,823
284,839
1,239,205
Interest Payable
42,313
56,560
36,634
33,347
45,837
52,054
53,234
54,062
58,466
78,054
49,086
Interest Receivable
2,215
1,488
45
5
32
243
763
2,010
903
1,295
3,181
3,881
1,799
Pre-Tax Profit
109,113
-45,611
44,067
31,768
-11,025
21,257
-100,020
34,496
413,214
-296,976
-46,669
-1,016,643
288,720
1,241,004
Tax
-27,278
-8,373
-6,036
-4,039
-6,899
-82,643
-75,067
-347,481
Profit After Tax
81,835
-45,611
35,694
25,732
-11,025
17,218
-100,020
27,597
330,571
-296,976
-46,669
-1,016,643
213,653
893,523
Dividends Paid
Retained Profit
81,835
-45,611
35,694
25,732
-11,025
17,218
-100,020
27,597
330,571
-296,976
-46,669
-1,016,643
213,653
893,523
Employee Costs
998,790
1,125,355
834,480
615,674
650,461
832,780
779,006
772,855
676,188
2,912,001
5,132,592
4,176,333
1,605,931
2,653,486
Number Of Employees
19
22
18
14
15
20
19
19
17
75
138
112
45
75
EBITDA*
160,457
24,545
89,858
70,219
40,944
79,585
-39,224
95,963
479,762
-195,546
21,064
-1,008,611
290,534
1,242,938
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Tangible Assets
29,502
39,367
22,435
10,609
12,591
14,035
13,049
16,699
24,009
34,102
54,116
36,151
13,378
16,466
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
15,261
37,386
Total Fixed Assets
29,502
39,367
22,435
10,609
12,591
14,035
13,049
16,699
24,009
34,102
69,377
73,537
13,378
16,466
Stock & work in progress
62,015
74,106
42,186
40,172
22,459
Trade Debtors
519,545
755,797
970,487
682,374
578,028
809,234
973,881
1,060,138
1,202,126
1,520,360
3,017,211
1,442,872
938,791
1,216,914
Group Debtors
Misc Debtors
757,952
756,601
732,272
742,218
747,138
704,063
613,606
603,681
507,455
Cash
25,625
58,738
26,284
9,601
23
11
8,453
88,914
521,165
282,886
78,232
439,649
832,552
719,792
misc current assets
total current assets
1,365,137
1,645,242
1,771,229
1,474,365
1,347,648
1,513,308
1,595,940
1,752,733
2,230,746
1,803,246
3,095,443
1,882,521
1,771,343
1,936,706
total assets
1,394,639
1,684,609
1,793,664
1,484,974
1,360,239
1,527,343
1,608,989
1,769,432
2,254,755
1,837,348
3,164,820
1,956,058
1,784,721
1,953,172
Bank overdraft
10,000
10,000
10,000
9,676
18,015
19,200
19,200
62,845
19,200
Bank loan
Trade Creditors
460,723
723,105
842,118
621,140
555,331
579,371
523,168
567,369
857,706
1,194,746
1,602,153
1,861,911
674,962
1,056,583
Group/Directors Accounts
other short term finances
247,619
446,284
666,122
411,988
435,942
597,125
700,260
771,173
793,581
801,717
1,510,346
hp & lease commitments
other current liabilities
359,869
449,882
164,519
363,089
160,191
196,621
263,177
272,419
408,925
total current liabilities
1,078,211
1,629,271
1,682,759
1,396,217
1,161,140
1,391,132
1,505,805
1,630,161
2,123,057
2,015,663
3,112,499
1,861,911
674,962
1,056,583
loans
14,167
24,167
34,167
50,000
185,747
111,619
96,133
32,000
51,200
70,400
hp & lease commitments
Accruals and Deferred Income
other liabilities
187,896
provisions
5,484
4,125
4,081
1,794
2,121
2,336
2,013
2,213
3,037
4,395
8,455
3,612
2,581
3,064
total long term liabilities
207,547
28,292
38,248
51,794
187,868
113,955
98,146
34,213
54,237
74,795
8,455
3,612
2,581
3,064
total liabilities
1,285,758
1,657,563
1,721,007
1,448,011
1,349,008
1,505,087
1,603,951
1,664,374
2,177,294
2,090,458
3,120,954
1,865,523
677,543
1,059,647
net assets
108,881
27,046
72,657
36,963
11,231
22,256
5,038
105,058
77,461
-253,110
43,866
90,535
1,107,178
893,525
total shareholders funds
108,881
27,046
72,657
36,963
11,231
22,256
5,038
105,058
77,461
-253,110
43,866
90,535
1,107,178
893,525
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Jun 2013
Jun 2012
Jun 2011
Jun 2010
Operating Activities
Operating Profit
149,212
9,461
80,655
65,110
34,812
73,279
-47,030
87,796
469,669
-219,825
1,123
-1,019,823
284,839
1,239,205
Depreciation
11,245
15,084
9,203
5,109
6,132
6,306
7,806
8,167
10,093
24,279
19,941
11,212
5,695
3,733
Amortisation
Tax
-27,278
-8,373
-6,036
-4,039
-6,899
-82,643
-75,067
-347,481
Stock
-12,091
31,920
2,014
17,713
22,459
Debtors
-234,901
-190,361
278,167
99,426
-188,131
-74,190
-76,332
-45,762
189,221
-1,512,112
1,552,214
541,467
-278,123
1,216,914
Creditors
-262,382
-119,013
220,978
65,809
-24,040
56,203
-44,201
-290,337
-337,040
-407,407
-259,758
1,186,949
-381,621
1,056,583
Accruals and Deferred Income
-90,013
285,363
-198,570
202,898
-36,430
-66,556
-9,242
-136,506
408,925
Deferred Taxes & Provisions
1,359
44
2,287
-327
-215
323
-200
-824
-1,358
-4,060
4,843
1,031
-483
3,064
Cash flow from operations
29,135
349,380
-174,001
215,424
145,931
139,706
-16,535
-292,841
278,425
905,099
-1,786,065
-362,098
111,486
738,190
Investing Activities
capital expenditure
-1,380
-32,016
-21,029
-3,127
-4,688
-7,292
-4,156
-857
-4,265
-37,906
-33,985
-2,607
-20,199
Change in Investments
cash flow from investments
-1,380
-32,016
-21,029
-3,127
-4,688
-7,292
-4,156
-857
-4,265
-37,906
-33,985
-2,607
-20,199
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
-198,665
-219,838
254,134
-23,954
-161,183
-103,135
-70,913
-22,408
-8,136
-708,629
1,510,346
Long term loans
-10,000
-10,000
-15,833
-135,747
74,128
15,486
64,133
-19,200
-19,200
70,400
Hire Purchase and Lease Commitments
other long term liabilities
187,896
share issue
2
interest
-40,098
-55,072
-36,589
-33,342
-45,837
-52,022
-52,991
-53,299
-56,456
-77,151
-47,791
3,181
3,881
1,799
cash flow from financing
-60,867
-284,910
201,712
-193,043
-132,892
-139,671
-59,771
-94,907
-83,792
-715,380
1,462,555
3,181
3,881
1,801
cash and cash equivalents
cash
-33,113
32,454
16,683
9,578
12
-8,442
-80,461
-432,251
238,279
204,654
-361,417
-392,903
112,760
719,792
overdraft
10,000
-9,676
-8,339
-1,185
-43,645
43,645
19,200
change in cash
-33,113
32,454
6,683
19,254
8,351
-7,257
-80,461
-388,606
194,634
185,454
-361,417
-392,903
112,760
719,792
accountants in demand 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 accountants in demand limited. Get real-time insights into accountants in demand limited's credit score, group structure and payment trends.
Perform a competitor analysis for accountants in demand limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in OL9 area or any other competitors across 12 key performance metrics.
accountants in demand limited Ownership
ACCOUNTANTS IN DEMAND LIMITED group structure
Accountants In Demand Limited has no subsidiary companies.
Ultimate parent company
ACCOUNTANTS IN DEMAND LIMITED
05470674
ACCOUNTANTS IN DEMAND LIMITED Shareholders
The largest shareholders in Accountants In Demand Limited include Neil Anthony Fineberg and Sarah Fineberg.
neil anthony fineberg
50%
sarah fineberg
50%
accountants in demand limited directors
Accountants In Demand Limited currently has 1 director, Mr Neil Fineberg serving since Jul 2005.
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 6 charges/mortgages relating to accountants in demand limited. Currently there are 1 open charges and 5 have been satisfied in the past.
accountants in demand 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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accountants in demand limitedCompanies House Filings - See Documents
