Adroit Accountax Limited

POWER SEARCH PRICING

SOLUTIONS

adroit accountax limited Company Information

Live

EstablishedMicroDeclining

Company Number

06633409

Next Accounts

Mar 2025

Industry

Accounting, and auditing activities

Directors

Mahin Khawaja

Madiha Iqbal

Shareholders

madiha iqbal

mahin khawaja

Group Structure

View All

Contact

Registered Address

unit 8 surrey quays road, london, SE16 2XU

Website

www.adroitaccountax.com

adroit accountax limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of ADROIT ACCOUNTAX LIMITED at £2m based on Net Assets of £666.8k and 3.01x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Adroit Accountax Limited is a live company located in london, SE16 2XU with a Companies House number of 06633409. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2008, it's largest shareholder is madiha iqbal with a 50% stake. Adroit Accountax Limited is a established, micro sized company, Pomanda has estimated its turnover at £429k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Adroit Accountax 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 Rating4.5out of 5

6 Strong

2 Regular

3 Weak

Size

annual sales of £429k, make it larger than the average company (£217.4k)

Growth

3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (6.4%)

EXPORT

Adroit Accountax Limited's latest turnover from June 2023 is estimated at £429 thousand and the company has net assets of £666.8 thousand. According to their latest financial statements, Adroit Accountax Limited has 9 employees and maintains cash reserves of £256.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	429,022	297,942	476,409	759,180	545,421	1,015,263	865,196	585,922	154,256	87,495	168,968	147,713	5,421	6,149
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	15,127	31,588	45,695	102,124	12,891	25,585	19,740	45,363	23,595	10,919	18,624	19,625	521	619
Gross Profit	413,894	266,354	430,713	657,057	532,530	989,678	845,455	540,559	130,661	76,576	150,343	128,088	4,900	5,530
Admin Expenses	428,980	244,230	274,198	338,478	327,631	935,271	805,196	501,449	105,279	62,976	145,643	133,450	-3,737	6,512
Operating Profit	-15,086	22,124	156,515	318,579	204,899	54,407	40,259	39,110	25,382	13,600	4,700	-5,362	8,637	-982
Interest Payable	28,730	12,443	5,605	131	124	0	0	0	0	0	0	0	0	0
Interest Receivable	9,964	2,705	258	181	517	0	83	358	414	273	65	26	22	12
Pre-Tax Profit	-33,852	12,386	151,168	318,628	205,293	54,407	40,342	39,468	25,796	13,872	4,765	-5,336	8,659	-970
Tax	0	-2,353	-28,722	-60,539	-39,006	-10,337	-7,665	-7,893	-5,159	-2,913	-1,096	0	-2,251	0
Profit After Tax	-33,852	10,033	122,446	258,089	166,287	44,070	32,677	31,574	20,637	10,959	3,669	-5,336	6,408	-970
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-33,852	10,033	122,446	258,089	166,287	44,070	32,677	31,574	20,637	10,959	3,669	-5,336	6,408	-970
Employee Costs	318,553	301,293	335,827	355,635	374,550	495,437	424,748	300,866	86,319	59,576	83,722	79,704	25,895	22,614
Number Of Employees	9	9	11	12	11	16	15	11	3	2	3	3	1	1
EBITDA*	73,933	29,900	174,341	327,683	204,899	54,407	40,259	44,584	30,988	17,257	8,844	-1,489	10,611	-907

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	95,617	98,168	99,962	102,062	101,784	95,944	95,470	6,969	6,923	4,746	5,243	4,218	2,326	225
Intangible Assets	93,297	152,652	9,464	1,201	1,201	0	0	1,201	1,201	0	0	0	0	0
Investments & Other	334,960	227,025	227,025	487,845	470,170	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	523,874	477,845	336,451	591,108	573,155	95,944	95,470	8,170	8,124	4,746	5,243	4,218	2,326	225
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	71,163	35,914	90,127	166,271	101,080	212,046	167,753	100,069	22,780	11,852	23,568	19,340	845	770
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	327,755	412,643	328,416	59,490	24,630	0	0	0	0	0	0	0	0	0
Cash	256,542	142,033	290,830	224,267	137,956	0	0	66,673	76,362	89,273	19,726	6,078	4,244	4,651
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	655,460	590,590	709,373	450,028	263,666	212,046	167,753	166,742	99,142	101,125	43,294	25,418	5,089	5,421
total assets	1,179,334	1,068,435	1,045,824	1,041,136	836,821	307,990	263,223	174,912	107,266	105,871	48,537	29,636	7,415	5,646
Bank overdraft	2,032	2,751	128	644	3,664	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	13,932	20,762	16,234	19,705	25,713	104,392	93,811	107,871	71,799	91,041	41,213	17,717	1,976	6,615
Group/Directors Accounts	510	0	30,153	27,905	28,864	0	0	0	0	0	0	0	0	0
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	135,865	87,299	98,222	191,619	85,304	0	0	0	0	0	0	0	0	0
total current liabilities	152,339	110,812	144,737	239,873	143,545	104,392	93,811	107,871	71,799	91,041	41,213	17,717	1,976	6,615
loans	360,204	157,375	183,000	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	99,605	27,477	233,099	383,201	59,910	69,794	0	0	0	3,552	11,816	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	360,204	256,980	210,477	233,099	383,201	59,910	69,794	0	0	0	3,552	11,816	0	0
total liabilities	512,543	367,792	355,214	472,972	526,746	164,302	163,605	107,871	71,799	91,041	44,765	29,533	1,976	6,615
net assets	666,791	700,643	690,610	568,164	310,075	143,688	99,618	67,041	35,467	14,830	3,772	103	5,439	-969
total shareholders funds	666,791	700,643	690,610	568,164	310,075	143,688	99,618	67,041	35,467	14,830	3,772	103	5,439	-969

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-15,086	22,124	156,515	318,579	204,899	54,407	40,259	39,110	25,382	13,600	4,700	-5,362	8,637	-982
Depreciation	5,664	7,202	8,414	9,104	0	0	0	5,474	5,606	3,657	4,144	3,873	1,974	75
Amortisation	83,355	574	9,412	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-2,353	-28,722	-60,539	-39,006	-10,337	-7,665	-7,893	-5,159	-2,913	-1,096	0	-2,251	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-49,639	30,014	192,782	100,051	-86,336	44,293	67,684	77,289	10,928	-11,716	4,228	18,495	75	770
Creditors	-6,830	4,528	-3,471	-6,008	-78,679	10,581	-14,060	36,072	-19,242	49,828	23,496	15,741	-4,639	6,615
Accruals and Deferred Income	48,566	-10,923	-93,397	106,315	85,304	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	165,308	-8,862	-144,031	267,400	258,854	10,358	-49,150	-4,526	-4,341	75,888	27,016	-4,243	3,646	4,938
Investing Activities
capital expenditure	-27,113	-149,170	-23,989	-9,382	-7,041	-474	-87,300	-5,520	-8,984	-3,160	-5,169	-5,765	-4,075	-300
Change in Investments	107,935	0	-260,820	17,675	470,170	0	0	0	0	0	0	0	0	0
cash flow from investments	-135,048	-149,170	236,831	-27,057	-477,211	-474	-87,300	-5,520	-8,984	-3,160	-5,169	-5,765	-4,075	-300
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	510	-30,153	2,248	-959	28,864	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	202,829	-25,625	183,000	0	0	0	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	-99,605	72,128	-205,622	-150,102	323,291	-9,884	69,794	0	0	-3,552	-8,264	11,816	0	0
share issue	0	0	0	0	100	0	-100	0	0	99	0	0	0	1
interest	-18,766	-9,738	-5,347	50	393	0	83	358	414	273	65	26	22	12
cash flow from financing	84,968	6,612	-25,721	-151,011	352,648	-9,884	69,777	358	414	-3,180	-8,199	11,842	22	13
cash and cash equivalents
cash	114,509	-148,797	66,563	86,311	137,956	0	-66,673	-9,689	-12,911	69,547	13,648	1,834	-407	4,651
overdraft	-719	2,623	-516	-3,020	3,664	0	0	0	0	0	0	0	0	0
change in cash	115,228	-151,420	67,079	89,331	134,292	0	-66,673	-9,689	-12,911	69,547	13,648	1,834	-407	4,651

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for adroit accountax limited. Get real-time insights into adroit accountax 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

Perform a competitor analysis for adroit accountax limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SE16 area or any other competitors across 12 key performance metrics.

ADROIT ACCOUNTAX LIMITED group structure

Adroit Accountax Limited has no subsidiary companies.

Ultimate parent company

ADROIT ACCOUNTAX LIMITED

06633409

ADROIT ACCOUNTAX LIMITED Shareholders

madiha iqbal	50%
mahin khawaja	50%

Adroit Accountax Limited currently has 2 directors. The longest serving directors include Mr Mahin Khawaja (Jun 2008) and Ms Madiha Iqbal (Jun 2018).

officer	country	age	start	end	role
Mr Mahin Khawaja	England	40 years	Jun 2008	-	Director
Ms Madiha Iqbal		40 years	Jun 2018	-	Director

P&L

June 2023

turnover

429k

+44%

operating profit

-15.1k

gross margin

96.5%

+7.92%

turnover

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

Balance Sheet

June 2023

net assets

666.8k

-0.05%

total assets

1.2m

+0.1%

cash

256.5k

+0.81%

net assets

Total assets minus all liabilities

Similar Companies

ulm limited

1.5

ais accountants limited

3.5

mg forensic consulting ltd

douglas jones accountants limited

aspil & co limited

company number

06633409

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2008

ultimate parent company

None

previous names

splendur.com limited (August 2009)

address

unit 8 surrey quays road, london, SE16 2XU

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 adroit accountax limited.

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 ADROIT ACCOUNTAX LIMITED. This can take several minutes, an email will notify you when this has completed.

adroit accountax limited Company Information

adroit accountax limited Estimated Valuation

adroit accountax limited Estimated Valuation

adroit accountax limited Estimated Valuation

Adroit Accountax Limited Overview

Adroit Accountax Limited Health Check

ADROIT ACCOUNTAX LIMITED financials

adroit accountax limited Credit Report and Business Information

Adroit Accountax Limited Competitor Analysis

adroit accountax limited Ownership

adroit accountax limited directors

adroit accountax limited company details

adroit accountax limited Charges & Mortgages

adroit accountax limited Capital Raised & Share Issues BETA

adroit accountax limited Companies House Filings - See Documents