Pomanda estimates the enterprise value of RENWICK ACCOUNTANCY SERVICES LTD at £134.2k based on a Turnover of £131.1k and 1.02x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RENWICK ACCOUNTANCY SERVICES LTD at £99.5k based on an EBITDA of £16.1k and a 6.18x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of RENWICK ACCOUNTANCY SERVICES LTD at £248.7k based on Net Assets of £82k and 3.03x industry multiple (adjusted for liquidity).
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Renwick Accountancy Services LtdOverview
Renwick Accountancy Services Ltd is a live company located in gateshead, NE9 5LA with a Companies House number of 07353502. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2010, it's largest shareholder is
nadeem aslam
with a 100% stake. Renwick Accountancy Services Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£131.1k with
high
growth in recent years.
Pomanda's financial health check has awarded Renwick Accountancy Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
3 Regular
3 Weak
Size
annual sales of £131.1k, make it smaller than the average company (£198.1k)
£131.1k - Renwick Accountancy Services Ltd
£198.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (9.5%)
26% - Renwick Accountancy Services Ltd
9.5% - Industry AVG
Production
with a gross margin of 95.1%, this company has a comparable cost of product (95.1%)
95.1% - Renwick Accountancy Services Ltd
95.1% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (7.5%)
12.3% - Renwick Accountancy Services Ltd
7.5% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Renwick Accountancy Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
£38.3k - Renwick Accountancy Services Ltd
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £43.7k, this is less efficient (£81.4k)
£43.7k - Renwick Accountancy Services Ltd
£81.4k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is earlier than average (71 days)
44 days - Renwick Accountancy Services Ltd
71 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Renwick Accountancy Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Renwick Accountancy Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 21 weeks, this is less cash available to meet short term requirements (34 weeks)
21 weeks - Renwick Accountancy Services Ltd
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (50.2%)
14.2% - Renwick Accountancy Services Ltd
50.2% - Industry AVG
RENWICK ACCOUNTANCY SERVICES LTD financials
EXPORT
Renwick Accountancy Services Ltd's latest turnover from August 2024 is estimated at £131.1 thousand and the company has net assets of £82 thousand. According to their latest financial statements, Renwick Accountancy Services Ltd has 3 employees and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
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
Turnover
131,095
77,788
68,986
65,704
93,958
51,712
48,954
44,295
32,103
50,366
53,341
31,964
14,901
1,016
Other Income Or Grants
Cost Of Sales
6,399
3,890
6,935
6,294
12,722
662
1,032
908
1,963
6,363
4,837
2,744
1,816
94
Gross Profit
124,696
73,898
62,051
59,410
81,237
51,050
47,922
43,387
30,140
44,004
48,503
29,220
13,085
922
Admin Expenses
108,584
63,622
49,669
30,519
58,542
36,044
44,680
32,511
23,760
42,585
46,457
25,277
19,543
16,951
Operating Profit
16,112
10,276
12,382
28,891
22,695
15,006
3,242
10,876
6,380
1,419
2,046
3,943
-6,458
-16,029
Interest Payable
368
883
791
714
366
Interest Receivable
253
368
201
11
7
38
38
15
8
6
8
4
6
5
Pre-Tax Profit
15,996
9,761
11,793
28,188
22,336
15,043
3,280
10,891
6,388
1,425
2,053
3,947
-6,452
-16,024
Tax
-3,999
-2,440
-2,241
-5,356
-4,244
-2,858
-623
-2,069
-1,277
-285
-431
-908
Profit After Tax
11,997
7,321
9,552
22,832
18,092
12,185
2,657
8,822
5,110
1,140
1,622
3,039
-6,452
-16,024
Dividends Paid
Retained Profit
11,997
7,321
9,552
22,832
18,092
12,185
2,657
8,822
5,110
1,140
1,622
3,039
-6,452
-16,024
Employee Costs
115,023
70,548
67,689
62,792
86,132
33,812
30,965
27,296
27,589
27,114
29,426
27,653
25,077
25,298
Number Of Employees
3
2
2
2
3
1
1
1
1
1
1
1
1
1
EBITDA*
16,112
10,276
12,382
28,891
22,695
15,006
3,410
11,636
7,195
2,234
2,861
4,758
-5,834
-15,405
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
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
Tangible Assets
168
928
1,743
2,558
3,373
2,914
3,538
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
73,955
70,955
63,955
56,100
32,100
Total Fixed Assets
73,955
70,955
63,955
56,100
32,100
168
928
1,743
2,558
3,373
2,914
3,538
Stock & work in progress
Trade Debtors
15,870
9,190
9,190
7,990
10,150
9,125
8,235
7,545
5,095
7,572
7,112
4,154
1,832
41
Group Debtors
Misc Debtors
1,063
Cash
5,710
4,404
9,627
13,378
7,992
6,475
3,562
6,676
5,608
731
1,837
1,230
340
1,940
misc current assets
1
1
total current assets
21,580
14,657
18,817
21,368
18,142
15,601
11,798
14,221
10,703
8,303
8,949
5,384
2,172
1,981
total assets
95,535
85,612
82,772
77,468
50,242
15,601
11,798
14,389
11,631
10,046
11,507
8,757
5,086
5,519
Bank overdraft
Bank loan
Trade Creditors
1
1
1
1
2
29,222
28,094
27,462
21,443
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
13,542
8,918
11,096
12,945
7,950
3,402
11,784
17,031
23,095
26,619
total current liabilities
13,542
8,918
11,097
12,945
7,951
3,402
11,784
17,032
23,096
26,621
29,222
28,094
27,462
21,443
loans
6,698
9,000
11,400
12,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
6,698
9,000
11,400
12,000
total liabilities
13,542
15,616
20,097
24,345
19,951
3,402
11,784
17,032
23,096
26,621
29,222
28,094
27,462
21,443
net assets
81,993
69,996
62,675
53,123
30,291
12,199
14
-2,643
-11,465
-16,575
-17,715
-19,337
-22,376
-15,924
total shareholders funds
81,993
69,996
62,675
53,123
30,291
12,199
14
-2,643
-11,465
-16,575
-17,715
-19,337
-22,376
-15,924
Aug 2024
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
Operating Activities
Operating Profit
16,112
10,276
12,382
28,891
22,695
15,006
3,242
10,876
6,380
1,419
2,046
3,943
-6,458
-16,029
Depreciation
168
760
815
815
815
815
624
624
Amortisation
Tax
-3,999
-2,440
-2,241
-5,356
-4,244
-2,858
-623
-2,069
-1,277
-285
-431
-908
Stock
Debtors
8,617
8,063
9,055
21,840
33,125
890
690
2,450
-2,477
460
2,958
2,322
1,791
41
Creditors
-1
1
-1
1
-1
-1
-29,220
1,128
632
6,019
21,443
Accruals and Deferred Income
4,624
-2,178
-1,849
4,995
4,548
-8,382
-5,247
-6,064
-3,524
26,619
Deferred Taxes & Provisions
Cash flow from operations
8,120
-2,406
-762
6,689
-10,125
2,876
-3,151
1,053
4,870
-1,112
600
2,160
-1,606
5,997
Investing Activities
capital expenditure
-1,274
-4,162
Change in Investments
cash flow from investments
-1,274
-4,162
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-6,698
-2,302
-2,400
-600
12,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-115
-515
-590
-703
-359
38
38
15
8
6
8
4
6
5
cash flow from financing
-6,813
-2,817
-2,990
-1,303
11,641
38
38
15
8
6
8
4
6
105
cash and cash equivalents
cash
1,306
-5,223
-3,751
5,386
1,517
2,913
-3,114
1,068
4,877
-1,106
607
890
-1,600
1,940
overdraft
change in cash
1,306
-5,223
-3,751
5,386
1,517
2,913
-3,114
1,068
4,877
-1,106
607
890
-1,600
1,940
renwick accountancy services ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for renwick accountancy services ltd. Get real-time insights into renwick accountancy services ltd's credit score, group structure and payment trends.
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renwick accountancy services ltd Ownership
RENWICK ACCOUNTANCY SERVICES LTD group structure
Renwick Accountancy Services Ltd has no subsidiary companies.
Ultimate parent company
RENWICK ACCOUNTANCY SERVICES LTD
07353502
RENWICK ACCOUNTANCY SERVICES LTD Shareholders
The sole shareholder of Renwick Accountancy Services Ltd is Nadeem Aslam.
nadeem aslam
100%
renwick accountancy services ltd directors
Renwick Accountancy Services Ltd currently has 1 director, Nadeem Aslam serving since Sep 2017.
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 renwick accountancy services ltd.
renwick accountancy services ltd 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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renwick accountancy services ltdCompanies House Filings - See Documents
