hand & co. accountants limited

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hand & co. accountants limited Company Information

Share HAND & CO. ACCOUNTANTS LIMITED
Live 
EstablishedSmallHealthy

Company Number

06562452

Registered Address

manor house offices malvern road, worcester, worcestershire, WR2 4BS

Industry

Accounting, and auditing activities

 

Telephone

01905339666

Next Accounts Due

January 2025

Group Structure

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Directors

Julian Hand16 Years

Shareholders

julian hand 60%

ashley hand 20%

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hand & co. accountants limited Estimated Valuation

£450k

Pomanda estimates the enterprise value of HAND & CO. ACCOUNTANTS LIMITED at £450k based on a Turnover of £637.2k and 0.71x industry multiple (adjusted for size and gross margin).

hand & co. accountants limited Estimated Valuation

£71.6k

Pomanda estimates the enterprise value of HAND & CO. ACCOUNTANTS LIMITED at £71.6k based on an EBITDA of £17.9k and a 4x industry multiple (adjusted for size and gross margin).

hand & co. accountants limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of HAND & CO. ACCOUNTANTS LIMITED at £1.5m based on Net Assets of £492.6k and 3.03x industry multiple (adjusted for liquidity).

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Hand & Co. Accountants Limited Overview

Hand & Co. Accountants Limited is a live company located in worcestershire, WR2 4BS with a Companies House number of 06562452. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2008, it's largest shareholder is julian hand with a 60% stake. Hand & Co. Accountants Limited is a established, small sized company, Pomanda has estimated its turnover at £637.2k with healthy growth in recent years.

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Hand & Co. Accountants Limited Health Check

Pomanda's financial health check has awarded Hand & Co. Accountants Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £637.2k, make it larger than the average company (£138.9k)

£637.2k - Hand & Co. Accountants Limited

£138.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)

6% - Hand & Co. Accountants Limited

6.3% - Industry AVG

production

Production

with a gross margin of 48.4%, this company has a higher cost of product (73%)

48.4% - Hand & Co. Accountants Limited

73% - Industry AVG

profitability

Profitability

an operating margin of 2.8% make it less profitable than the average company (17.3%)

2.8% - Hand & Co. Accountants Limited

17.3% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (3)

4 - Hand & Co. Accountants Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.8k, the company has an equivalent pay structure (£19.8k)

£19.8k - Hand & Co. Accountants Limited

£19.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £159.3k, this is more efficient (£70.9k)

£159.3k - Hand & Co. Accountants Limited

£70.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 249 days, this is later than average (95 days)

249 days - Hand & Co. Accountants Limited

95 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 54 days, this is slower than average (26 days)

54 days - Hand & Co. Accountants Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hand & Co. Accountants Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hand & Co. Accountants Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (57.4%)

9.1% - Hand & Co. Accountants Limited

57.4% - Industry AVG

HAND & CO. ACCOUNTANTS LIMITED financials

EXPORTms excel logo

Hand & Co. Accountants Limited's latest turnover from April 2023 is estimated at £637.2 thousand and the company has net assets of £492.6 thousand. According to their latest financial statements, Hand & Co. Accountants Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover637,169588,872524,763532,116457,197623,415505,338151,668132,616134,454119,088141,25564,97656,560
Other Income Or Grants00000000000000
Cost Of Sales328,732307,816245,203267,360213,663265,079193,65666,10258,57847,18841,80955,02522,64122,464
Gross Profit308,437281,056279,560264,756243,534358,337311,68285,56674,03887,26677,27986,22942,33534,096
Admin Expenses290,518247,515220,927222,313221,507260,001307,68757,313-6,1821,76011,23710,13645,90723,780
Operating Profit17,91933,54158,63342,44322,02798,3363,99528,25380,22085,50666,04276,093-3,57210,316
Interest Payable00000000000000
Interest Receivable000000193836743486311212226131
Pre-Tax Profit17,91933,54158,63342,44322,02798,3364,18829,08980,96385,99266,35376,305-3,34610,447
Tax-4,480-6,373-11,140-8,064-4,185-18,684-796-5,818-16,192-18,058-15,261-18,3130-2,925
Profit After Tax13,43927,16847,49334,37917,84279,6523,39223,27164,77067,93451,09257,992-3,3467,522
Dividends Paid00000000000000
Retained Profit13,43927,16847,49334,37917,84279,6523,39223,27164,77067,93451,09257,992-3,3467,522
Employee Costs79,19289,99785,61069,34091,838157,668162,30462,51829,42658,45356,70053,84827,84022,614
Number Of Employees44444772122211
EBITDA*17,91933,54158,63342,44322,02798,3363,99534,01480,92685,84166,33276,455-3,11910,851

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets105,904103,212104,202105,604107,640110,356113,43618,3142,8211,3411,1591,4491,8112,139
Intangible Assets000000099,49599,49599,49599,49599,49599,49599,495
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets105,904103,212104,202105,604107,640110,356113,436117,809102,316100,836100,654100,944101,306101,634
Stock & work in progress00000000000000
Trade Debtors436,095435,058399,272357,826324,218326,509206,27949,63738,74434,81531,53734,62516,58012,824
Group Debtors00000000000000
Misc Debtors00000000000000
Cash0000000154,069180,141116,93977,51047,02137,94952,291
misc current assets00000000000000
total current assets436,095435,058399,272357,826324,218326,509206,279203,706218,885151,754109,04781,64654,52965,115
total assets541,999538,270503,474463,430431,858436,865319,715321,515321,201252,590209,701182,590155,835166,749
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 49,39959,10951,48158,93061,73777,51333,13531,69848,24337,37555,44659,49878,64075,055
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities49,39959,10951,48158,93061,73777,51333,13531,69848,24337,37555,44659,49878,64075,055
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000007,07313,95320,58026,99234,01940,99360,92273,01784,170
provisions00000000000000
total long term liabilities000007,07313,95320,58026,99234,01940,99360,92273,01784,170
total liabilities49,39959,10951,48158,93061,73784,58647,08852,27875,23571,39496,439120,420151,657159,225
net assets492,600479,161451,993404,500370,121352,279272,627269,237245,966181,196113,26262,1704,1787,524
total shareholders funds492,600479,161451,993404,500370,121352,279272,627269,237245,966181,196113,26262,1704,1787,524
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit17,91933,54158,63342,44322,02798,3363,99528,25380,22085,50666,04276,093-3,57210,316
Depreciation00000005,761706335290362453535
Amortisation00000000000000
Tax-4,480-6,373-11,140-8,064-4,185-18,684-796-5,818-16,192-18,058-15,261-18,3130-2,925
Stock00000000000000
Debtors1,03735,78641,44633,608-2,291120,230156,64210,8933,9293,278-3,08818,0453,75612,824
Creditors-9,7107,628-7,449-2,807-15,77644,3781,437-16,54510,868-18,071-4,052-19,1423,58575,055
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations2,692-990-1,402-2,0364,3573,800-152,00675871,67346,43450,10720,955-3,29070,157
Investing Activities
capital expenditure-2,6929901,4022,0362,7163,0804,373-21,254-2,186-51700-125-102,169
Change in Investments00000000000000
cash flow from investments-2,6929901,4022,0362,7163,0804,373-21,254-2,186-51700-125-102,169
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000-7,073-6,880-6,627-6,412-7,027-6,974-19,929-12,095-11,15384,170
share issue000000-20000002
interest000000193836743486311212226131
cash flow from financing0000-7,073-6,880-6,436-5,576-6,284-6,488-19,618-11,883-10,92784,303
cash and cash equivalents
cash000000-154,069-26,07263,20239,42930,4899,072-14,34252,291
overdraft00000000000000
change in cash000000-154,069-26,07263,20239,42930,4899,072-14,34252,291

hand & co. accountants 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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Hand & Co. Accountants Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hand & co. accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WR2 area or any other competitors across 12 key performance metrics.

hand & co. accountants limited Ownership

HAND & CO. ACCOUNTANTS LIMITED group structure

Hand & Co. Accountants Limited has no subsidiary companies.

Ultimate parent company

HAND & CO. ACCOUNTANTS LIMITED

06562452

HAND & CO. ACCOUNTANTS LIMITED Shareholders

julian hand 60%
ashley hand 20%
cara hand 20%

hand & co. accountants limited directors

Hand & Co. Accountants Limited currently has 1 director, Mr Julian Hand serving since Apr 2008.

officercountryagestartendrole
Mr Julian Hand61 years Apr 2008- Director

P&L

April 2023

turnover

637.2k

+8%

operating profit

17.9k

0%

gross margin

48.5%

+1.42%

turnover

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

Balance Sheet

April 2023

net assets

492.6k

+0.03%

total assets

542k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

hand & co. accountants limited company details

company number

06562452

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2023

previous names

N/A

accountant

-

auditor

-

address

manor house offices malvern road, worcester, worcestershire, WR2 4BS

Bank

-

Legal Advisor

-

hand & co. accountants 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 hand & co. accountants limited.

charges

hand & co. accountants limited Companies House Filings - See Documents

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