abacus management accounting solutions limited
abacus management accounting solutions limited Company Information
Company Number
07040473
Next Accounts
Jan 2025
Industry
Bookkeeping activities
Shareholders
nutan shah
sandip shah
Group Structure
View All
Contact
Registered Address
5-7 ravensbourne road, bromley, BR1 1HN
abacus management accounting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED at £65.6k based on a Turnover of £116.4k and 0.56x industry multiple (adjusted for size and gross margin).
abacus management accounting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED at £6.2k based on an EBITDA of £2.3k and a 2.66x industry multiple (adjusted for size and gross margin).
abacus management accounting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED at £255.4k based on Net Assets of £70.6k and 3.62x industry multiple (adjusted for liquidity).
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Abacus Management Accounting Solutions Limited Overview
Abacus Management Accounting Solutions Limited is a dissolved company that was located in bromley, BR1 1HN with a Companies House number of 07040473. It operated in the bookkeeping activities sector, SIC Code 69202. Founded in October 2009, it's largest shareholder was nutan shah with a 50% stake. The last turnover for Abacus Management Accounting Solutions Limited was estimated at £116.4k.
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Abacus Management Accounting Solutions Limited Health Check
Pomanda's financial health check has awarded Abacus Management Accounting Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £116.4k, make it larger than the average company (£81.9k)
£116.4k - Abacus Management Accounting Solutions Limited
£81.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (5.1%)
- Abacus Management Accounting Solutions Limited
5.1% - Industry AVG
Production
with a gross margin of 69.6%, this company has a higher cost of product (95.1%)
69.6% - Abacus Management Accounting Solutions Limited
95.1% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (25.6%)
2% - Abacus Management Accounting Solutions Limited
25.6% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
- Abacus Management Accounting Solutions Limited
2 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has a higher pay structure (£16.4k)
- Abacus Management Accounting Solutions Limited
£16.4k - Industry AVG
Efficiency
resulting in sales per employee of £58.2k, this is equally as efficient (£51.5k)
- Abacus Management Accounting Solutions Limited
£51.5k - Industry AVG
Debtor Days
it gets paid by customers after 252 days, this is later than average (60 days)
252 days - Abacus Management Accounting Solutions Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 102 days, this is slower than average (28 days)
102 days - Abacus Management Accounting Solutions Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Abacus Management Accounting Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Abacus Management Accounting Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (63.1%)
12.3% - Abacus Management Accounting Solutions Limited
63.1% - Industry AVG
ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED financials
Abacus Management Accounting Solutions Limited's latest turnover from October 2018 is £116.4 thousand and the company has net assets of £70.6 thousand. According to their latest financial statements, we estimate that Abacus Management Accounting Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 116,441 | 124,195 | 122,048 | ||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 3,178 | 42,911 | 18,498 | ||||||
| Tax | -1,277 | -9,152 | -4,290 | ||||||
| Profit After Tax | 1,901 | 33,759 | 14,208 | ||||||
| Dividends Paid | 0 | 0 | 0 | ||||||
| Retained Profit | 1,901 | 33,759 | 14,208 | ||||||
| Employee Costs | 99,566 | 67,808 | 89,546 | ||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 80,518 | 95,717 | 12,048 | 16,240 | 8,983 | 15,658 | 21,163 | 12,441 | 14,791 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 55 | 3,344 | 0 | 0 | 5,677 |
| Cash | 0 | 0 | 32,607 | 8,658 | 31,809 | 12,964 | 3,789 | 9,994 | 2,433 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,518 | 95,717 | 44,655 | 24,898 | 40,847 | 31,966 | 24,952 | 22,435 | 22,901 |
| total assets | 80,518 | 95,717 | 44,655 | 24,898 | 40,847 | 31,966 | 24,952 | 22,435 | 22,901 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,931 | 27,031 | 7,950 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 6,690 | 8,747 | 9,116 | 6,210 | 7,536 | 11,798 |
| total current liabilities | 9,931 | 27,031 | 7,950 | 6,690 | 8,747 | 9,116 | 6,210 | 7,536 | 11,798 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,931 | 27,031 | 7,950 | 6,690 | 8,747 | 9,116 | 6,210 | 7,536 | 11,798 |
| net assets | 70,587 | 68,686 | 36,705 | 18,208 | 32,100 | 22,850 | 18,742 | 14,899 | 11,103 |
| total shareholders funds | 70,587 | 68,686 | 36,705 | 18,208 | 32,100 | 22,850 | 18,742 | 14,899 | 11,103 |
| Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,277 | -9,152 | -4,290 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -15,199 | 83,669 | -4,192 | 7,202 | -9,964 | -2,161 | 8,722 | -8,027 | 20,468 |
| Creditors | -17,100 | 19,081 | 7,950 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -6,690 | -2,057 | -369 | 2,906 | -1,326 | -4,262 | 11,798 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | ||||||
| cash flow from financing | 0 | -1,778 | 4,289 | ||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -32,607 | 23,949 | -23,151 | 18,845 | 9,175 | -6,205 | 7,561 | 2,433 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -32,607 | 23,949 | -23,151 | 18,845 | 9,175 | -6,205 | 7,561 | 2,433 |
abacus management accounting solutions limited Credit Report and Business Information
Abacus Management Accounting Solutions Limited Competitor Analysis
Perform a competitor analysis for abacus management accounting solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in BR1 area or any other competitors across 12 key performance metrics.
abacus management accounting solutions limited Ownership
ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED group structure
Abacus Management Accounting Solutions Limited has no subsidiary companies.
Ultimate parent company
ABACUS MANAGEMENT ACCOUNTING SOLUTIONS LIMITED
07040473
abacus management accounting solutions limited directors
Abacus Management Accounting Solutions Limited currently has 2 directors. The longest serving directors include Ms Nutan Shah (Oct 2009) and Mr Sandip Shah (Oct 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Nutan Shah | England | 40 years | Oct 2009 | - | Director |
| Mr Sandip Shah | England | 64 years | Oct 2009 | - | Director |
P&L
October 2018turnover
116.4k
-6%
operating profit
2.3k
0%
gross margin
69.7%
+3.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2018net assets
70.6k
+0.03%
total assets
80.5k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
abacus management accounting solutions limited company details
company number
07040473
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
October 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2018
previous names
N/A
accountant
-
auditor
-
address
5-7 ravensbourne road, bromley, BR1 1HN
Bank
-
Legal Advisor
-
abacus management accounting 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 abacus management accounting solutions limited.
abacus management accounting solutions limited Capital Raised & Share Issues BETA
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.
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abacus management accounting solutions limited Companies House Filings - See Documents
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