F1 Accounting Limited

POWER SEARCH PRICING

SOLUTIONS

f1 accounting limited Company Information

Live

EstablishedMicroDeclining

Company Number

06988417

Website

www.f1accounting.co.uk

Registered Address

121 lifstan way, southchurch, southend-on-sea, essex, SS1 2XG

Industry

Bookkeeping activities

Telephone

Next Accounts Due

May 2025

Group Structure

View All

Directors

Stuart Mason15 Years

Joanne Mason7 Years

Shareholders

stuart mason 75%

joanne mason 25%

f1 accounting limited Estimated Valuation

£94k

Pomanda estimates the enterprise value of F1 ACCOUNTING LIMITED at £94k based on Net Assets of £21.3k and 4.41x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

F1 Accounting Limited is a live company located in southend-on-sea, SS1 2XG with a Companies House number of 06988417. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in August 2009, it's largest shareholder is stuart mason with a 75% stake. F1 Accounting Limited is a established, micro sized company, Pomanda has estimated its turnover at £75.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded F1 Accounting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

4 Regular

4 Weak

Size

annual sales of £75.6k, make it in line with the average company (£80.1k)

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.8%)

EXPORT

F1 Accounting Limited's latest turnover from August 2023 is estimated at £75.6 thousand and the company has net assets of £21.3 thousand. According to their latest financial statements, F1 Accounting Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Turnover	75,618	68,604	77,094	79,835	79,827	105,053	148,770	38,633	35,789	23,971	16,347	17,282	14,197	6,397
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	49,384	41,841	38,420	30,682	28,125	33,879	50,868	13,635	11,688	10,160	5,681	7,315	9,888	2,640
Gross Profit	26,234	26,764	38,674	49,154	51,702	71,174	97,902	24,998	24,101	13,811	10,666	9,967	4,309	3,757
Admin Expenses	35,828	15,985	51,425	32,761	61,549	58,420	114,658	-11,145	27,027	4,332	11,153	18,821	-1,368	-8,918
Operating Profit	-9,594	10,779	-12,751	16,393	-9,847	12,754	-16,756	36,143	-2,926	9,479	-487	-8,854	5,677	12,675
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	53	85	101	48	57	77	60	27
Pre-Tax Profit	-9,594	10,779	-12,751	16,393	-9,847	12,754	-16,703	36,228	-2,825	9,528	-430	-8,777	5,736	12,703
Tax	0	-2,048	0	-3,115	0	-2,423	0	-7,245	0	-2,001	0	0	-1,491	-3,557
Profit After Tax	-9,594	8,731	-12,751	13,278	-9,847	10,331	-16,703	28,982	-2,825	7,527	-430	-8,777	4,245	9,146
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-9,594	8,731	-12,751	13,278	-9,847	10,331	-16,703	28,982	-2,825	7,527	-430	-8,777	4,245	9,146
Employee Costs	30,362	32,964	27,949	30,387	26,054	35,436	61,757	24,414	18,196	22,405	28,328	19,892	23,337	10,617
Number Of Employees	2	2	2	2	2	2	3	1	1	1	1	1	1	1
EBITDA*	-9,594	10,779	-12,751	16,393	-9,847	12,754	-16,756	36,470	-2,768	9,731	-185	-8,618	5,913	12,817

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Tangible Assets	605	941	313	511	743	236	439	667	184	342	0	264	500	736
Intangible Assets	0	0	0	0	0	0	0	0	0	0	594	0	0	0
Investments & Other	0	0	0	0	0	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	605	941	313	511	743	236	439	667	184	342	594	264	500	736
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	30,038	37,944	46,676	43,958	31,511	43,804	41,648	9,022	8,190	5,223	4,053	3,597	3,317	1,377
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	42,494	25,421	14,802	4,561	18,053	12,932	10,923
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	30,038	37,944	46,676	43,958	31,511	43,804	41,648	51,516	33,611	20,025	8,614	21,650	16,249	12,300
total assets	30,643	38,885	46,989	44,469	32,254	44,040	42,087	52,183	33,795	20,367	9,208	21,914	16,749	13,036
Bank overdraft	0	0	0	0	0	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	9,330	7,978	24,813	9,542	10,605	12,544	20,922	14,314	24,908	8,655	5,023	17,299	3,357	3,889
Group/Directors Accounts	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	9,330	7,978	24,813	9,542	10,605	12,544	20,922	14,314	24,908	8,655	5,023	17,299	3,357	3,889
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	9,330	7,978	24,813	9,542	10,605	12,544	20,922	14,314	24,908	8,655	5,023	17,299	3,357	3,889
net assets	21,313	30,907	22,176	34,927	21,649	31,496	21,165	37,869	8,887	11,712	4,185	4,615	13,392	9,147
total shareholders funds	21,313	30,907	22,176	34,927	21,649	31,496	21,165	37,869	8,887	11,712	4,185	4,615	13,392	9,147

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010
Operating Activities
Operating Profit	-9,594	10,779	-12,751	16,393	-9,847	12,754	-16,756	36,143	-2,926	9,479	-487	-8,854	5,677	12,675
Depreciation	0	0	0	0	0	0	0	327	158	0	302	236	236	142
Amortisation	0	0	0	0	0	0	0	0	0	252	0	0	0	0
Tax	0	-2,048	0	-3,115	0	-2,423	0	-7,245	0	-2,001	0	0	-1,491	-3,557
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-7,906	-8,732	2,718	12,447	-12,293	2,156	32,626	832	2,967	1,170	456	280	1,940	1,377
Creditors	1,352	-16,835	15,271	-1,063	-1,939	-8,378	6,608	-10,594	16,253	3,632	-12,276	13,942	-532	3,889
Accruals and Deferred Income	0	0	0	0	0	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	-336	628	-198	-232	507	-203	-42,774	17,799	10,518	10,192	-12,917	5,044	1,950	11,772
Investing Activities
capital expenditure	336	-628	198	232	-507	203	228	-810	0	0	-632	0	0	-878
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	336	-628	198	232	-507	203	228	-810	0	0	-632	0	0	-878
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	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	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-1	0	0	0	0	0	0	1
interest	0	0	0	0	0	0	53	85	101	48	57	77	60	27
cash flow from financing	0	0	0	0	0	0	52	85	101	48	57	77	60	28
cash and cash equivalents
cash	0	0	0	0	0	0	-42,494	17,073	10,619	10,241	-13,492	5,121	2,009	10,923
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-42,494	17,073	10,619	10,241	-13,492	5,121	2,009	10,923

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for f1 accounting limited. Get real-time insights into f1 accounting 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 f1 accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SS1 area or any other competitors across 12 key performance metrics.

F1 ACCOUNTING LIMITED group structure

F1 Accounting Limited has no subsidiary companies.

Ultimate parent company

F1 ACCOUNTING LIMITED

06988417

F1 ACCOUNTING LIMITED Shareholders

stuart mason	75%
joanne mason	25%

F1 Accounting Limited currently has 2 directors. The longest serving directors include Mr Stuart Mason (Aug 2009) and Mrs Joanne Mason (Aug 2017).

officer	country	age	start	end	role
Mr Stuart Mason	England	46 years	Aug 2009	-	Director
Mrs Joanne Mason		44 years	Aug 2017	-	Director

P&L

August 2023

turnover

75.6k

+10%

operating profit

-9.6k

gross margin

34.7%

-11.07%

turnover

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

Balance Sheet

August 2023

net assets

21.3k

-0.31%

total assets

30.6k

-0.21%

cash

net assets

Total assets minus all liabilities

Similar Companies

123 easy bookkeeping services limited

havard & macaulay limited

afonchies consulting limited

aardvark accounting services limited

1.5

ja townsend limited

company number

06988417

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

August 2009

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

August 2023

address

121 lifstan way, southchurch, southend-on-sea, essex, SS1 2XG

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 f1 accounting limited.

f1 accounting limited Company Information

f1 accounting limited Estimated Valuation

f1 accounting limited Estimated Valuation

f1 accounting limited Estimated Valuation

F1 Accounting Limited Overview

F1 Accounting Limited Health Check

F1 ACCOUNTING LIMITED financials

f1 accounting limited Credit Report and Business Information

F1 Accounting Limited Competitor Analysis

f1 accounting limited Ownership

f1 accounting limited directors

f1 accounting limited company details

f1 accounting limited Charges & Mortgages

f1 accounting limited Companies House Filings - See Documents