es it and accounts services ltd
es it and accounts services ltd Company Information
Company Number
07457081
Next Accounts
356 days late
Industry
Tax consultancy
Accounting, and auditing activities
Directors
Shareholders
ratnaafin global holdings limited
esitaas holdings ltd
Group Structure
View All
Contact
Registered Address
67 grosvenor street, mayfair, W1K 3JN
Website
www.esitaas.co.ukes it and accounts services ltd Estimated Valuation
Pomanda estimates the enterprise value of ES IT AND ACCOUNTS SERVICES LTD at £141.3k based on a Turnover of £176.5k and 0.8x industry multiple (adjusted for size and gross margin).
es it and accounts services ltd Estimated Valuation
Pomanda estimates the enterprise value of ES IT AND ACCOUNTS SERVICES LTD at £0 based on an EBITDA of £-181.5k and a 5.38x industry multiple (adjusted for size and gross margin).
es it and accounts services ltd Estimated Valuation
Pomanda estimates the enterprise value of ES IT AND ACCOUNTS SERVICES LTD at £0 based on Net Assets of £-216.6k and 3.11x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Es It And Accounts Services Ltd Overview
Es It And Accounts Services Ltd is a live company located in mayfair, W1K 3JN with a Companies House number of 07457081. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 2010, it's largest shareholder is ratnaafin global holdings limited with a 60% stake. Es It And Accounts Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £176.5k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Es It And Accounts Services Ltd Health Check
Pomanda's financial health check has awarded Es It And Accounts Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £176.5k, make it smaller than the average company (£306.7k)
- Es It And Accounts Services Ltd
£306.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.2%)
- Es It And Accounts Services Ltd
3.2% - Industry AVG
Production
with a gross margin of 62.6%, this company has a comparable cost of product (62.6%)
- Es It And Accounts Services Ltd
62.6% - Industry AVG
Profitability
an operating margin of -110.3% make it less profitable than the average company (13.2%)
- Es It And Accounts Services Ltd
13.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Es It And Accounts Services Ltd
5 - Industry AVG
Pay Structure
on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)
- Es It And Accounts Services Ltd
£34.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.8k, this is less efficient (£89.1k)
- Es It And Accounts Services Ltd
£89.1k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is near the average (80 days)
- Es It And Accounts Services Ltd
80 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (23 days)
- Es It And Accounts Services Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Es It And Accounts Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (39 weeks)
2 weeks - Es It And Accounts Services Ltd
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 348.1%, this is a higher level of debt than the average (52.4%)
348.1% - Es It And Accounts Services Ltd
52.4% - Industry AVG
ES IT AND ACCOUNTS SERVICES LTD financials
Es It And Accounts Services Ltd's latest turnover from March 2022 is estimated at £176.5 thousand and the company has net assets of -£216.6 thousand. According to their latest financial statements, Es It And Accounts Services Ltd has 3 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 4 | 6 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,215 | 4,705 | 4,888 | 6,235 | 7,735 | 5,958 | 875 | 1,046 | 247 | 698 | 554 |
| Intangible Assets | 12,599 | 24,599 | 28,099 | 31,599 | 45,138 | 76,825 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,914 | 29,404 | 33,087 | 37,934 | 52,973 | 82,883 | 875 | 1,046 | 247 | 698 | 554 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,624 | 35,867 | 46,766 | 38,033 | 44,454 | 15,592 | 8,724 | 21,262 | 11,720 | 7,600 | 3,949 |
| Group Debtors | 23,132 | 59,782 | 17,506 | 68,037 | 6,128 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,650 | 34,739 | 54,438 | 31,431 | 17,674 | 14,238 | 3,492 | 0 | 0 | 0 | 0 |
| Cash | 9,994 | 11,476 | 54,766 | 23,566 | 52,748 | 49,204 | 2,480 | 2,080 | 2,310 | 2,963 | 2,763 |
| misc current assets | 0 | 3,996 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 70,400 | 145,860 | 173,476 | 161,067 | 121,004 | 79,034 | 14,696 | 23,342 | 14,030 | 10,563 | 6,712 |
| total assets | 87,314 | 175,264 | 206,563 | 199,001 | 173,977 | 161,917 | 15,571 | 24,388 | 14,277 | 11,261 | 7,266 |
| Bank overdraft | 2 | 6 | 16,327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 31,088 | 16,327 | 0 | 6,250 | 5,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 13,069 | 0 | 8,592 | 13,413 | 38,908 | 8,797 | 4,050 | 38,622 | 29,407 | 15,984 | 4,346 |
| Group/Directors Accounts | 153,553 | 26,792 | 29,316 | 50,935 | 22,637 | 44,856 | 12,888 | 0 | 0 | 0 | 160 |
| other short term finances | 28,887 | 18,928 | 39,699 | 19,044 | 19,044 | 5,200 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 6,680 | 22,371 | 33,161 | 32,566 | 16,519 | 44,651 | 7,984 | 0 | 0 | 0 | 0 |
| total current liabilities | 233,279 | 84,424 | 127,095 | 122,208 | 102,108 | 108,504 | 24,922 | 38,622 | 29,407 | 15,984 | 4,506 |
| loans | 70,228 | 103,463 | 78,891 | 65,416 | 66,244 | 61,553 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 398 | 398 | 398 | 398 | 398 | 0 | 0 | 0 | 49 | 140 | 111 |
| total long term liabilities | 70,626 | 103,861 | 79,289 | 65,814 | 66,642 | 61,553 | 0 | 0 | 49 | 140 | 111 |
| total liabilities | 303,905 | 188,285 | 206,384 | 188,022 | 168,750 | 170,057 | 24,922 | 38,622 | 29,456 | 16,124 | 4,617 |
| net assets | -216,591 | -13,021 | 179 | 10,979 | 5,227 | -8,140 | -9,351 | -14,234 | -15,179 | -4,863 | 2,649 |
| total shareholders funds | -216,591 | -13,021 | 179 | 10,979 | 5,227 | -8,140 | -9,351 | -14,234 | -15,179 | -4,863 | 2,649 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 1,053 | 1,574 | 1,547 | 1,558 | 1,925 | 3,309 | 613 | 713 | 516 | 487 | 277 |
| Amortisation | 12,000 | 3,500 | 3,500 | 3,500 | 1,104 | 8,536 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -69,982 | 11,678 | -18,791 | 69,245 | 68,256 | 17,614 | -9,046 | 9,542 | 4,120 | 3,651 | 3,949 |
| Creditors | 13,069 | -8,592 | -4,821 | -25,495 | 38,908 | 4,747 | -34,572 | 9,215 | 13,423 | 11,638 | 4,346 |
| Accruals and Deferred Income | -15,691 | -10,790 | 595 | 16,047 | 16,519 | 36,667 | 7,984 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 398 | 0 | 0 | -49 | -91 | 29 | 111 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 14,761 | 16,327 | -6,250 | 1,250 | 5,000 | 5,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 126,761 | -2,524 | -21,619 | 28,298 | 22,637 | 31,968 | 12,888 | 0 | 0 | -160 | 160 |
| Other Short Term Loans | 9,959 | -20,771 | 20,655 | 0 | 19,044 | 5,200 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -33,235 | 24,572 | 13,475 | -828 | 66,244 | 61,553 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -1,482 | -43,290 | 31,200 | -29,182 | 52,748 | 46,724 | 400 | -230 | -653 | 200 | 2,763 |
| overdraft | -4 | -16,321 | 16,327 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,478 | -26,969 | 14,873 | -29,182 | 52,748 | 46,724 | 400 | -230 | -653 | 200 | 2,763 |
es it and accounts services ltd Credit Report and Business Information
Es It And Accounts Services Ltd Competitor Analysis
Perform a competitor analysis for es it and accounts services ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in W1K area or any other competitors across 12 key performance metrics.
es it and accounts services ltd Ownership
ES IT AND ACCOUNTS SERVICES LTD group structure
Es It And Accounts Services Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
ES IT AND ACCOUNTS SERVICES LTD
07457081
1 subsidiary
es it and accounts services ltd directors
Es It And Accounts Services Ltd currently has 1 director, Mr Sunil Panchal serving since Dec 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sunil Panchal | England | 57 years | Dec 2010 | - | Director |
P&L
March 2022turnover
176.5k
+2%
operating profit
-194.6k
0%
gross margin
62.7%
-1.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-216.6k
+15.63%
total assets
87.3k
-0.5%
cash
10k
-0.13%
net assets
Total assets minus all liabilities
es it and accounts services ltd company details
company number
07457081
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
69203 - Tax consultancy
69201 - Accounting, and auditing activities
incorporation date
December 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
67 grosvenor street, mayfair, W1K 3JN
Bank
-
Legal Advisor
-
es it and accounts services 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 es it and accounts services ltd.
es it and accounts 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.
Click to start generating capital raising & share issue transactions for ES IT AND ACCOUNTS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
es it and accounts services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
