ekb accountancy services ltd
ekb accountancy services ltd Company Information
Company Number
07646142
Registered Address
39-41 north road, london, N7 9DP
Industry
Accounting, and auditing activities
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Efrem Kidane13 Years
Shareholders
efrem kidane 100%
ekb accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of EKB ACCOUNTANCY SERVICES LTD at £161.4k based on a Turnover of £173.6k and 0.93x industry multiple (adjusted for size and gross margin).
ekb accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of EKB ACCOUNTANCY SERVICES LTD at £0 based on an EBITDA of £-12.2k and a 5.23x industry multiple (adjusted for size and gross margin).
ekb accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of EKB ACCOUNTANCY SERVICES LTD at £32.2k based on Net Assets of £10.4k and 3.11x industry multiple (adjusted for liquidity).
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Ekb Accountancy Services Ltd Overview
Ekb Accountancy Services Ltd is a live company located in london, N7 9DP with a Companies House number of 07646142. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2011, it's largest shareholder is efrem kidane with a 100% stake. Ekb Accountancy Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £173.6k with high growth in recent years.
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Ekb Accountancy Services Ltd Health Check
Pomanda's financial health check has awarded Ekb Accountancy Services Ltd a 2 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
2 Strong
4 Regular
4 Weak
Size
annual sales of £173.6k, make it larger than the average company (£127.7k)
- Ekb Accountancy Services Ltd
£127.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.4%)
- Ekb Accountancy Services Ltd
6.4% - Industry AVG
Production
with a gross margin of 74.9%, this company has a comparable cost of product (74.9%)
- Ekb Accountancy Services Ltd
74.9% - Industry AVG
Profitability
an operating margin of -7.9% make it less profitable than the average company (14.1%)
- Ekb Accountancy Services Ltd
14.1% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Ekb Accountancy Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £19.6k, the company has an equivalent pay structure (£19.6k)
- Ekb Accountancy Services Ltd
£19.6k - Industry AVG
Efficiency
resulting in sales per employee of £57.9k, this is less efficient (£70.9k)
- Ekb Accountancy Services Ltd
£70.9k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is near the average (92 days)
- Ekb Accountancy Services Ltd
92 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ekb Accountancy Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ekb Accountancy Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (19 weeks)
10 weeks - Ekb Accountancy Services Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.2%, this is a higher level of debt than the average (63.1%)
81.2% - Ekb Accountancy Services Ltd
63.1% - Industry AVG
EKB ACCOUNTANCY SERVICES LTD financials
Ekb Accountancy Services Ltd's latest turnover from July 2023 is estimated at £173.6 thousand and the company has net assets of £10.4 thousand. According to their latest financial statements, Ekb Accountancy Services Ltd has 3 employees and maintains cash reserves of £4.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 3 | 2 | 2 | 3 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,007 | 4,919 | 4,409 | 2,908 | 482 | 643 | 857 | 360 | 480 | 640 | 853 | 1,137 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 6,007 | 4,919 | 4,409 | 2,908 | 482 | 643 | 857 | 360 | 480 | 640 | 853 | 1,137 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,664 | 51,867 | 38,866 | 15,380 | 19,151 | 20,495 | 9,885 | 1,777 | 2,313 | 8,627 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,739 | 26,725 | 25,929 | 47,528 | 23,455 | 2,156 | 10,417 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,650 | 7,145 | 20,989 | 7,936 | 3,748 | 9,334 | 7,214 | 14,008 | 23,135 | 126,014 | 49,256 | 29,315 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 49,053 | 85,737 | 85,784 | 70,844 | 46,354 | 31,985 | 27,516 | 15,785 | 25,448 | 134,641 | 49,256 | 29,315 |
| total assets | 55,060 | 90,656 | 90,193 | 73,752 | 46,836 | 32,628 | 28,373 | 16,145 | 25,928 | 135,281 | 50,109 | 30,452 |
| Bank overdraft | 0 | 3,818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 829 | 0 | 23,600 | 132,777 | 47,225 | 29,427 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,087 | 40,182 | 41,216 | 21,715 | 21,409 | 16,193 | 18,336 | 12,102 | 0 | 0 | 0 | 0 |
| total current liabilities | 24,087 | 44,000 | 41,216 | 21,715 | 21,409 | 16,193 | 19,165 | 12,102 | 23,600 | 132,777 | 47,225 | 29,427 |
| loans | 20,610 | 20,425 | 22,125 | 22,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 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 |
| total long term liabilities | 20,610 | 20,425 | 22,125 | 22,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 44,697 | 64,425 | 63,341 | 44,215 | 21,409 | 16,193 | 19,165 | 12,102 | 23,600 | 132,777 | 47,225 | 29,427 |
| net assets | 10,363 | 26,231 | 26,852 | 29,537 | 25,427 | 16,435 | 9,208 | 4,043 | 2,328 | 2,504 | 2,884 | 1,025 |
| total shareholders funds | 10,363 | 26,231 | 26,852 | 29,537 | 25,427 | 16,435 | 9,208 | 4,043 | 2,328 | 2,504 | 2,884 | 1,025 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 1,474 | 1,640 | 1,469 | 969 | 161 | 214 | 286 | 120 | 160 | 213 | 284 | 379 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,189 | 13,797 | 1,887 | 20,302 | 19,955 | 2,349 | 18,525 | -536 | -6,314 | 8,627 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -829 | 829 | -23,600 | -109,177 | 85,552 | 17,798 | 29,427 |
| Accruals and Deferred Income | -16,095 | -1,034 | 19,501 | 306 | 5,216 | -2,143 | 6,234 | 12,102 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 185 | -1,700 | -375 | 22,500 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -2,495 | -13,844 | 13,053 | 4,188 | -5,586 | 2,120 | -6,794 | -9,127 | -102,879 | 76,758 | 19,941 | 29,315 |
| overdraft | -3,818 | 3,818 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,323 | -17,662 | 13,053 | 4,188 | -5,586 | 2,120 | -6,794 | -9,127 | -102,879 | 76,758 | 19,941 | 29,315 |
ekb accountancy services ltd Credit Report and Business Information
Ekb Accountancy Services Ltd Competitor Analysis
Perform a competitor analysis for ekb accountancy services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N 7 area or any other competitors across 12 key performance metrics.
ekb accountancy services ltd Ownership
EKB ACCOUNTANCY SERVICES LTD group structure
Ekb Accountancy Services Ltd has no subsidiary companies.
Ultimate parent company
EKB ACCOUNTANCY SERVICES LTD
07646142
ekb accountancy services ltd directors
Ekb Accountancy Services Ltd currently has 1 director, Mr Efrem Kidane serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Efrem Kidane | England | 60 years | May 2011 | - | Director |
P&L
July 2023turnover
173.6k
+2%
operating profit
-13.7k
0%
gross margin
74.9%
+13.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
10.4k
-0.6%
total assets
55.1k
-0.39%
cash
4.7k
-0.35%
net assets
Total assets minus all liabilities
Similar Companies
ekb accountancy services ltd company details
company number
07646142
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2011
age
13
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
ekb accountanct services ltd (June 2011)
last accounts submitted
July 2023
address
39-41 north road, london, N7 9DP
accountant
-
auditor
-
ekb accountancy 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 ekb accountancy services ltd.
ekb accountancy services ltd Companies House Filings - See Documents
| date | description | view/download |
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