no1 accountants ltd

2.5

no1 accountants ltd Company Information

Share NO1 ACCOUNTANTS LTD
Live 
EstablishedMicroHigh

Company Number

06787055

Registered Address

office one 1 coldbath square, farringdon, london, EC1R 5HL

Industry

Tax consultancy

 

Bookkeeping activities

 
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Telephone

442080049151

Next Accounts Due

December 2025

Group Structure

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Directors

Kolos Tapler15 Years

Shareholders

kolos tapler 100%

no1 accountants ltd Estimated Valuation

£82.9k

Pomanda estimates the enterprise value of NO1 ACCOUNTANTS LTD at £82.9k based on a Turnover of £113.2k and 0.73x industry multiple (adjusted for size and gross margin).

no1 accountants ltd Estimated Valuation

£7.1k

Pomanda estimates the enterprise value of NO1 ACCOUNTANTS LTD at £7.1k based on an EBITDA of £2.1k and a 3.39x industry multiple (adjusted for size and gross margin).

no1 accountants ltd Estimated Valuation

£10.7k

Pomanda estimates the enterprise value of NO1 ACCOUNTANTS LTD at £10.7k based on Net Assets of £3.1k and 3.5x industry multiple (adjusted for liquidity).

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No1 Accountants Ltd Overview

No1 Accountants Ltd is a live company located in london, EC1R 5HL with a Companies House number of 06787055. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2009, it's largest shareholder is kolos tapler with a 100% stake. No1 Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £113.2k with high growth in recent years.

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No1 Accountants Ltd Health Check

Pomanda's financial health check has awarded No1 Accountants Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £113.2k, make it smaller than the average company (£158.6k)

£113.2k - No1 Accountants Ltd

£158.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (8.9%)

24% - No1 Accountants Ltd

8.9% - Industry AVG

production

Production

with a gross margin of 32.5%, this company has a higher cost of product (74.5%)

32.5% - No1 Accountants Ltd

74.5% - Industry AVG

profitability

Profitability

an operating margin of 1.2% make it less profitable than the average company (8.8%)

1.2% - No1 Accountants Ltd

8.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (2)

1 - No1 Accountants Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.4k, the company has an equivalent pay structure (£29.4k)

£29.4k - No1 Accountants Ltd

£29.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113.2k, this is more efficient (£71.3k)

£113.2k - No1 Accountants Ltd

£71.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 211 days, this is later than average (77 days)

211 days - No1 Accountants Ltd

77 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (21 days)

129 days - No1 Accountants Ltd

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - No1 Accountants Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - No1 Accountants Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (61.8%)

95.6% - No1 Accountants Ltd

61.8% - Industry AVG

NO1 ACCOUNTANTS LTD financials

EXPORTms excel logo

No1 Accountants Ltd's latest turnover from March 2024 is estimated at £113.2 thousand and the company has net assets of £3.1 thousand. According to their latest financial statements, No1 Accountants Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover113,156139,70370,81359,52933,47722,8384842,3845,4872,0844,435180302,8971,453
Other Income Or Grants000000000000000
Cost Of Sales76,34282,98042,42634,68017,5038,6581841,0282,0577671,5595614912678
Gross Profit36,81456,72328,38724,85015,97414,1803001,3563,4301,3172,876124161,985776
Admin Expenses35,49955,06529,13425,3867,97613,7821,3845,3903,8008792,4561741,1012,079-942
Operating Profit1,3151,658-747-5367,998398-1,084-4,034-370438420-50-1,085-941,718
Interest Payable000000000000000
Interest Receivable000000048332000
Pre-Tax Profit1,3151,658-747-5367,998398-1,084-4,030-362441423-48-1,085-941,718
Tax-329-31500-1,520-76000-93-97000-481
Profit After Tax9861,343-747-5366,478322-1,084-4,030-362348326-48-1,085-941,237
Dividends Paid000000000000000
Retained Profit9861,343-747-5366,478322-1,084-4,030-362348326-48-1,085-941,237
Employee Costs29,35625,03723,12221,70420,59828,07125,93728,92326,59432,82936,53033,38131,92125,38829,700
Number Of Employees111111111111111
EBITDA*2,0852,7027437867,998398-1,084-4,034-82548822403-7572342,046

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets2,7641,6011,0008011,4861,7324698147291372473753286560
Intangible Assets00000000000000984
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,7641,6011,0008011,4861,732469814729137247375328656984
Stock & work in progress000000000000000
Trade Debtors65,47584,72748,59544,18016,88511,4171817711,5084851,16900618368
Group Debtors000000000000000
Misc Debtors1,8241,4553,1303,0751,95800002,50000000
Cash000000002,862453634631453152
misc current assets000001,067000000000
total current assets67,29986,18251,72547,25518,84312,4841817714,3703,4381,80363145649420
total assets70,06387,78352,72548,05620,32914,2166501,5855,0993,5752,0501,0063731,3051,404
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 27,03750,75822,89015,33418,32118,6865,4425,2934,6772,7911,61489621500
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000000000006267
total current liabilities27,03750,75822,89015,33418,32118,6865,4425,2934,6772,7911,6148962156267
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities39,97234,95729,11031,25000000000000
provisions000000000000000
total long term liabilities39,97234,95729,11031,25000000000000
total liabilities67,00985,71552,00046,58418,32118,6865,4425,2934,6772,7911,6148962156267
net assets3,0542,0687251,4722,008-4,470-4,792-3,7084227844361101581,2431,337
total shareholders funds3,0542,0687251,4722,008-4,470-4,792-3,7084227844361101581,2431,337
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit1,3151,658-747-5367,998398-1,084-4,034-370438420-50-1,085-941,718
Depreciation7701,0441,4901,32200002881104024533280328
Amortisation00000000000003280
Tax-329-31500-1,520-76000-93-97000-481
Stock000000000000000
Debtors-18,88334,4574,47028,4127,42611,236-590-737-1,4771,8161,1690-618250368
Creditors-23,72127,8687,556-2,987-36513,2441496161,8861,17771868121500
Accruals and Deferred Income000000000000-62-567
Deferred Taxes & Provisions000000000000000
Cash flow from operations-3,082-4,2023,829-30,613-1,3132,330-345-2,6813,281-1842741,08414-211,264
Investing Activities
capital expenditure-1,933-1,645-1,689-637246-1,263345-85-8800-274-50000-1,312
Change in Investments000000000000000
cash flow from investments-1,933-1,645-1,689-637246-1,263345-85-8800-274-50000-1,312
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities5,0155,847-2,14031,25000000000000
share issue0000000-100000000100
interest000000048332000
cash flow from financing5,0155,847-2,14031,250000-96833200100
cash and cash equivalents
cash0000000-2,8622,409-181358614-2152
overdraft000000000000000
change in cash0000000-2,8622,409-181358614-2152

no1 accountants ltd 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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No1 Accountants Ltd Competitor Analysis

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Perform a competitor analysis for no1 accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC1R area or any other competitors across 12 key performance metrics.

no1 accountants ltd Ownership

NO1 ACCOUNTANTS LTD group structure

No1 Accountants Ltd has no subsidiary companies.

Ultimate parent company

NO1 ACCOUNTANTS LTD

06787055

NO1 ACCOUNTANTS LTD Shareholders

kolos tapler 100%

no1 accountants ltd directors

No1 Accountants Ltd currently has 1 director, Mr Kolos Tapler serving since Jan 2009.

officercountryagestartendrole
Mr Kolos TaplerEngland44 years Jan 2009- Director

P&L

March 2024

turnover

113.2k

-19%

operating profit

1.3k

0%

gross margin

32.6%

-19.87%

turnover

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

Balance Sheet

March 2024

net assets

3.1k

+0.48%

total assets

70.1k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

no1 accountants ltd company details

company number

06787055

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

69203 - Tax consultancy

69202 - Bookkeeping activities

incorporation date

January 2009

age

15

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

t&t automation and web services ltd (April 2018)

last accounts submitted

March 2024

address

office one 1 coldbath square, farringdon, london, EC1R 5HL

accountant

-

auditor

-

no1 accountants ltd 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 no1 accountants ltd.

charges

no1 accountants ltd Companies House Filings - See Documents

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