total accountancy and taxation solutions limited

total accountancy and taxation solutions limited Company Information

Share TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED
Live 
EstablishedMicroLow

Company Number

05715329

Industry

Accounting, and auditing activities

 

Shareholders

mohammed wallayt

nasreen akhtar

Group Structure

View All

Contact

Registered Address

104 waterloo road, smethwick, B66 4JN

total accountancy and taxation solutions limited Estimated Valuation

£84.9k

Pomanda estimates the enterprise value of TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED at £84.9k based on a Turnover of £117.2k and 0.72x industry multiple (adjusted for size and gross margin).

total accountancy and taxation solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED at £0 based on an EBITDA of £-1.1k and a 4.82x industry multiple (adjusted for size and gross margin).

total accountancy and taxation solutions limited Estimated Valuation

£14.4k

Pomanda estimates the enterprise value of TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED at £14.4k based on Net Assets of £4.8k and 3.01x industry multiple (adjusted for liquidity).

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Total Accountancy And Taxation Solutions Limited Overview

Total Accountancy And Taxation Solutions Limited is a live company located in smethwick, B66 4JN with a Companies House number of 05715329. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2006, it's largest shareholder is mohammed wallayt with a 51% stake. Total Accountancy And Taxation Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £117.2k with low growth in recent years.

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Total Accountancy And Taxation Solutions Limited Health Check

Pomanda's financial health check has awarded Total Accountancy And Taxation Solutions Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £117.2k, make it smaller than the average company (£202.4k)

£117.2k - Total Accountancy And Taxation Solutions Limited

£202.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.4%)

1% - Total Accountancy And Taxation Solutions Limited

8.4% - Industry AVG

production

Production

with a gross margin of 53.3%, this company has a higher cost of product (96.5%)

53.3% - Total Accountancy And Taxation Solutions Limited

96.5% - Industry AVG

profitability

Profitability

an operating margin of -0.9% make it less profitable than the average company (9.9%)

-0.9% - Total Accountancy And Taxation Solutions Limited

9.9% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (3)

5 - Total Accountancy And Taxation Solutions Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Total Accountancy And Taxation Solutions Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £23.4k, this is less efficient (£81.3k)

£23.4k - Total Accountancy And Taxation Solutions Limited

£81.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (76 days)

93 days - Total Accountancy And Taxation Solutions Limited

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is slower than average (28 days)

35 days - Total Accountancy And Taxation Solutions Limited

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Total Accountancy And Taxation Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Total Accountancy And Taxation Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (50.5%)

88.3% - Total Accountancy And Taxation Solutions Limited

50.5% - Industry AVG

TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED financials

EXPORTms excel logo

Total Accountancy And Taxation Solutions Limited's latest turnover from February 2024 is estimated at £117.2 thousand and the company has net assets of £4.8 thousand. According to their latest financial statements, Total Accountancy And Taxation Solutions Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover117,229134,799165,691114,95494,82818,77515,62630,0091752022,73642337061,55553,020
Other Income Or Grants000000000000000
Cost Of Sales54,81064,09776,67050,40938,7497,7645,41211,19179779621591306350
Gross Profit62,41970,70289,02164,54556,07911,01110,21418,818961251,77426424060,92053,020
Admin Expenses63,48582,32298,63841,94958,45711,19817,75515,470-1,893-5,514-3,844-6,671-3,56558,18049,753
Operating Profit-1,066-11,620-9,61722,596-2,378-187-7,5413,3481,9895,6395,6186,9353,8052,7403,267
Interest Payable000000000000001
Interest Receivable0000000831384224800
Pre-Tax Profit-1,066-11,620-9,61722,596-2,378-187-7,5413,3562,0205,6775,6606,9593,8142,7403,266
Tax000-4,293000-671-404-1,192-1,302-1,670-99200
Profit After Tax-1,066-11,620-9,61718,303-2,378-187-7,5412,6851,6164,4854,3585,2892,8222,7403,266
Dividends Paid000000000000000
Retained Profit-1,066-11,620-9,61718,303-2,378-187-7,5412,6851,6164,4854,3585,2892,8222,7403,266
Employee Costs176,645176,512158,786141,209188,75135,23129,82030,99027,01530,16230,51427,90727,29333,30429,912
Number Of Employees555561111111111
EBITDA*-1,066-11,620-9,61722,596-2,378-187-7,5413,3482,6426,3726,3677,7924,7383,7784,009

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets10,78110,78110,78111,23210,88311,35311,90412,10411,92410,8414,2484,8535,2825,8844,203
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets10,78110,78110,78111,23210,88311,35311,90412,10411,92410,8414,2484,8535,2825,8844,203
Stock & work in progress000000000000000
Trade Debtors30,11738,47767,69629,0544,8638,7566,71510,769007200000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000006,5835,9429,3137,3142,2181,0371,555
misc current assets000000000000000
total current assets30,11738,47767,69629,0544,8638,7566,71510,7696,5835,94210,0337,3142,2181,0371,555
total assets40,89849,25878,47740,28615,74620,10918,61922,87318,50716,78314,28112,1677,5006,9215,758
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 5,2632,55710,98913,1816,9448,9297,2523,9652,1842,0764,0593,2342,92600
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000000000002,8251,095
total current liabilities5,2632,55710,98913,1816,9448,9297,2523,9652,1842,0764,0593,2342,9262,8251,095
loans000000000000009,650
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities30,83340,83350,000000000003,0693,9996,3430
provisions000000000000000
total long term liabilities30,83340,83350,000000000003,0693,9996,3439,650
total liabilities36,09643,39060,98913,1816,9448,9297,2523,9652,1842,0764,0596,3036,9259,16810,745
net assets4,8025,86817,48827,1058,80211,18011,36718,90816,32314,70710,2225,864575-2,247-4,987
total shareholders funds4,8025,86817,48827,1058,80211,18011,36718,90816,32314,70710,2225,864575-2,247-4,987
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-1,066-11,620-9,61722,596-2,378-187-7,5413,3481,9895,6395,6186,9353,8052,7403,267
Depreciation000000006537337498579331,038742
Amortisation000000000000000
Tax000-4,293000-671-404-1,192-1,302-1,670-99200
Stock000000000000000
Debtors-8,360-29,21938,64224,191-3,8932,041-4,05410,7690-7207200000
Creditors2,706-8,432-2,1926,237-1,9851,6773,2871,781108-1,9838253082,92600
Accruals and Deferred Income000000000000-2,8251,7301,095
Deferred Taxes & Provisions000000000000000
Cash flow from operations10,0009,167-50,451349-470-551-200-6,3112,3463,9175,1706,4303,8475,5085,104
Investing Activities
capital expenditure00451-349470551200-180-1,736-7,326-144-428-331-2,719-4,945
Change in Investments000000000000000
cash flow from investments00451-349470551200-180-1,736-7,326-144-428-331-2,719-4,945
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans0000000000000-9,6509,650
Hire Purchase and Lease Commitments000000000000000
other long term liabilities-10,000-9,16750,0000000000-3,069-930-2,3446,3430
share issue0000000-100000000-8,253
interest000000083138422480-1
cash flow from financing-10,000-9,16750,0000000-923138-3,027-906-2,336-3,3071,396
cash and cash equivalents
cash0000000-6,583641-3,3711,9995,0961,181-5181,555
overdraft000000000000000
change in cash0000000-6,583641-3,3711,9995,0961,181-5181,555

total accountancy and taxation solutions 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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Total Accountancy And Taxation Solutions Limited Competitor Analysis

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Perform a competitor analysis for total accountancy and taxation solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B66 area or any other competitors across 12 key performance metrics.

total accountancy and taxation solutions limited Ownership

TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED group structure

Total Accountancy And Taxation Solutions Limited has no subsidiary companies.

Ultimate parent company

TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED

05715329

TOTAL ACCOUNTANCY AND TAXATION SOLUTIONS LIMITED Shareholders

mohammed wallayt 51%
nasreen akhtar 49%

total accountancy and taxation solutions limited directors

Total Accountancy And Taxation Solutions Limited currently has 1 director, Mr Mohammed Wallayt serving since Feb 2006.

officercountryagestartendrole
Mr Mohammed Wallayt58 years Feb 2006- Director

P&L

February 2024

turnover

117.2k

-13%

operating profit

-1.1k

0%

gross margin

53.3%

+1.52%

turnover

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

Balance Sheet

February 2024

net assets

4.8k

-0.18%

total assets

40.9k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

total accountancy and taxation solutions limited company details

company number

05715329

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

February 2006

age

18

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

104 waterloo road, smethwick, B66 4JN

Bank

-

Legal Advisor

-

total accountancy and taxation solutions 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 total accountancy and taxation solutions limited.

total accountancy and taxation solutions limited Capital Raised & Share Issues BETA

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total accountancy and taxation solutions limited Companies House Filings - See Documents

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