accrue bookkeeping services ltd Company Information
Company Number
07657101
Registered Address
62 seymour grove, manchester, M16 0LN
Industry
Bookkeeping activities
Telephone
-
Next Accounts Due
March 2026
Group Structure
View All
Directors
Arian Mufid13 Years
Shareholders
arian mufid 100%
accrue bookkeeping services ltd Estimated Valuation
Pomanda estimates the enterprise value of ACCRUE BOOKKEEPING SERVICES LTD at £71.7k based on a Turnover of £85.2k and 0.84x industry multiple (adjusted for size and gross margin).
accrue bookkeeping services ltd Estimated Valuation
Pomanda estimates the enterprise value of ACCRUE BOOKKEEPING SERVICES LTD at £31.6k based on an EBITDA of £8.5k and a 3.72x industry multiple (adjusted for size and gross margin).
accrue bookkeeping services ltd Estimated Valuation
Pomanda estimates the enterprise value of ACCRUE BOOKKEEPING SERVICES LTD at £45.1k based on Net Assets of £10.3k and 4.37x industry multiple (adjusted for liquidity).
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Accrue Bookkeeping Services Ltd Overview
Accrue Bookkeeping Services Ltd is a live company located in manchester, M16 0LN with a Companies House number of 07657101. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in June 2011, it's largest shareholder is arian mufid with a 100% stake. Accrue Bookkeeping Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £85.2k with rapid growth in recent years.
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Accrue Bookkeeping Services Ltd Health Check
Pomanda's financial health check has awarded Accrue Bookkeeping Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 0 areas for improvement. Company Health Check FAQs
5 Strong
6 Regular
0 Weak
Size
annual sales of £85.2k, make it in line with the average company (£80.2k)
- Accrue Bookkeeping Services Ltd
£80.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (5.4%)
- Accrue Bookkeeping Services Ltd
5.4% - Industry AVG
Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Accrue Bookkeeping Services Ltd
54.2% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (7.8%)
- Accrue Bookkeeping Services Ltd
7.8% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Accrue Bookkeeping Services Ltd
2 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Accrue Bookkeeping Services Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is equally as efficient (£50.1k)
- Accrue Bookkeeping Services Ltd
£50.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (65 days)
- Accrue Bookkeeping Services Ltd
65 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (27 days)
- Accrue Bookkeeping Services Ltd
27 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is less than average (158 days)
- Accrue Bookkeeping Services Ltd
158 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Accrue Bookkeeping Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63%, this is a lower level of debt than the average (77.6%)
63% - Accrue Bookkeeping Services Ltd
77.6% - Industry AVG
ACCRUE BOOKKEEPING SERVICES LTD financials
Accrue Bookkeeping Services Ltd's latest turnover from June 2024 is estimated at £85.2 thousand and the company has net assets of £10.3 thousand. According to their latest financial statements, Accrue Bookkeeping Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 8,293 | 6,517 | 8,146 | 10,182 | 12,728 | 15,909 | 19,886 | 24,857 | 31,071 | 29,071 | 20,583 | 12,940 | 7,425 |
Intangible Assets | 0 | 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 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 8,293 | 6,517 | 8,146 | 10,182 | 12,728 | 15,909 | 19,886 | 24,857 | 31,071 | 29,071 | 20,583 | 12,940 | 7,425 |
Stock & work in progress | 4,521 | 4,612 | 4,422 | 3,500 | 1,661 | 1,550 | 3,550 | 0 | 1,500 | 8,650 | 7,000 | 0 | 0 |
Trade Debtors | 15,050 | 15,050 | 6,050 | 5,500 | 0 | 0 | 0 | 0 | 0 | 106,834 | 38,152 | 3,840 | 1,450 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 68,891 | 64,891 | 59,391 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 1,500 | 22,863 | 536 | 536 | 1,905 | 1,569 | 587 | 27,290 | 12,258 | 4,528 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 19,571 | 19,662 | 10,472 | 10,500 | 24,524 | 2,086 | 72,977 | 66,796 | 62,460 | 116,071 | 72,442 | 16,098 | 5,978 |
total assets | 27,864 | 26,179 | 18,618 | 20,682 | 37,252 | 17,995 | 92,863 | 91,653 | 93,531 | 145,142 | 93,025 | 29,038 | 13,403 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 2,713 | 16,321 | 16,434 | 25,782 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 9,867 | 10,298 | 6,149 | 5,242 | 0 | 0 | 0 | 0 | 4,150 | 111,917 | 70,623 | 14,636 | 6,983 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 2,546 | 1,094 | 269 | 368 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 0 | 0 | 0 | 0 | 3,114 | 8,886 | 71,599 | 64,529 | 61,535 | 0 | 0 | 0 | 0 |
total current liabilities | 9,867 | 10,298 | 6,149 | 5,242 | 3,114 | 14,145 | 89,014 | 81,232 | 91,835 | 111,917 | 70,623 | 14,636 | 6,983 |
loans | 0 | 0 | 0 | 0 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 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 |
other liabilities | 7,679 | 11,921 | 15,726 | 19,607 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 7,679 | 11,921 | 15,726 | 19,607 | 20,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 17,546 | 22,219 | 21,875 | 24,849 | 23,114 | 14,145 | 89,014 | 81,232 | 91,835 | 111,917 | 70,623 | 14,636 | 6,983 |
net assets | 10,318 | 3,960 | -3,257 | -4,167 | 14,138 | 3,850 | 3,849 | 10,421 | 1,696 | 33,225 | 22,402 | 14,402 | 6,420 |
total shareholders funds | 10,318 | 3,960 | -3,257 | -4,167 | 14,138 | 3,850 | 3,849 | 10,421 | 1,696 | 33,225 | 22,402 | 14,402 | 6,420 |
Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | |||||||||||||
Depreciation | 2,546 | 3,181 | 3,977 | 4,971 | 6,214 | 7,343 | 6,843 | 5,517 | 0 | 0 | |||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||
Stock | -91 | 190 | 922 | 1,839 | 111 | -2,000 | 3,550 | -1,500 | -7,150 | 1,650 | 7,000 | 0 | 0 |
Debtors | 0 | 9,000 | 550 | 5,500 | 0 | -68,891 | 4,000 | 5,500 | -47,443 | 68,682 | 34,312 | 2,390 | 1,450 |
Creditors | -431 | 4,149 | 907 | 5,242 | 0 | 0 | 0 | -4,150 | -107,767 | 41,294 | 55,987 | 7,653 | 6,983 |
Accruals and Deferred Income | 0 | 0 | 0 | -3,114 | -5,772 | -62,713 | 7,070 | 2,994 | 61,535 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 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 | 0 |
cash flow from investments | |||||||||||||
Financing Activities | |||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | -2,546 | 1,452 | 825 | -99 | 368 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | -20,000 | 20,000 | 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 |
other long term liabilities | -4,242 | -3,805 | -3,881 | 19,607 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||
interest | |||||||||||||
cash flow from financing | |||||||||||||
cash and cash equivalents | |||||||||||||
cash | 0 | 0 | -1,500 | -21,363 | 22,327 | 0 | -1,369 | 336 | 982 | -26,703 | 15,032 | 7,730 | 4,528 |
overdraft | 0 | 0 | 0 | 0 | -2,713 | -13,608 | -113 | -9,348 | 25,782 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | -1,500 | -21,363 | 25,040 | 13,608 | -1,256 | 9,684 | -24,800 | -26,703 | 15,032 | 7,730 | 4,528 |
accrue bookkeeping services ltd Credit Report and Business Information
Accrue Bookkeeping Services Ltd Competitor Analysis
Perform a competitor analysis for accrue bookkeeping services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M16 area or any other competitors across 12 key performance metrics.
accrue bookkeeping services ltd Ownership
ACCRUE BOOKKEEPING SERVICES LTD group structure
Accrue Bookkeeping Services Ltd has no subsidiary companies.
Ultimate parent company
ACCRUE BOOKKEEPING SERVICES LTD
07657101
accrue bookkeeping services ltd directors
Accrue Bookkeeping Services Ltd currently has 1 director, Mr Arian Mufid serving since Jun 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Arian Mufid | 61 years | Jun 2011 | - | Director |
P&L
June 2024turnover
85.2k
-2%
operating profit
8.5k
0%
gross margin
54.2%
-27.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
10.3k
+1.61%
total assets
27.9k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
accrue bookkeeping services ltd company details
company number
07657101
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
June 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
mufid and co limited (February 2020)
accountant
-
auditor
-
address
62 seymour grove, manchester, M16 0LN
Bank
-
Legal Advisor
-
accrue bookkeeping 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 accrue bookkeeping services ltd.
accrue bookkeeping services ltd Companies House Filings - See Documents
date | description | view/download |
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