Morden Accountants Ltd

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morden accountants ltd Company Information

Live

EstablishedMicroDeclining

Company Number

07738129

Next Accounts

May 2025

Industry

Combined office administrative service activities

Bookkeeping activities

Directors

Tauseef Khan

Salman Khan

Shareholders

tauseef ahmad khan

Group Structure

View All

Contact

Registered Address

115 london road, morden, surrey, SM4 5HP

Website

http://sarmadglobal.com

morden accountants ltd Estimated Valuation

£19.3k

Pomanda estimates the enterprise value of MORDEN ACCOUNTANTS LTD at £19.3k based on a Turnover of £50.4k and 0.38x industry multiple (adjusted for size and gross margin).

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Morden Accountants Ltd is a live company located in surrey, SM4 5HP with a Companies House number of 07738129. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in August 2011, it's largest shareholder is tauseef ahmad khan with a 100% stake. Morden Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £50.4k with declining growth in recent years.

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Pomanda's financial health check has awarded Morden Accountants Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £50.4k, make it smaller than the average company (£554.8k)

Growth

3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (4.8%)

EXPORT

Morden Accountants Ltd's latest turnover from August 2023 is estimated at £50.4 thousand and the company has net assets of -£7.4 thousand. According to their latest financial statements, Morden Accountants Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013
Turnover	50,391	57,362	171,113	171,611	81,791	70,606	800	9,088	29	8,692	6,725
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	37,192	41,449	116,182	105,289	49,258	40,131	446	5,327	17	5,526	4,055
Gross Profit	13,199	15,913	54,930	66,322	32,534	30,475	354	3,761	12	3,166	2,670
Admin Expenses	11,930	20,285	61,043	65,273	32,534	27,813	-23,594	3,427	-9,389	6,651	27,263
Operating Profit	1,269	-4,372	-6,113	1,049	0	2,662	23,948	334	9,401	-3,485	-24,593
Interest Payable	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	6	7	3	5	4
Pre-Tax Profit	1,269	-4,372	-6,113	1,049	0	2,662	23,954	341	9,404	-3,480	-24,589
Tax	-317	0	0	-199	0	-506	-4,551	-68	-1,881	0	0
Profit After Tax	952	-4,372	-6,113	850	0	2,156	19,403	273	7,523	-3,480	-24,589
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	952	-4,372	-6,113	850	0	2,156	19,403	273	7,523	-3,480	-24,589
Employee Costs	130,777	135,064	181,459	151,809	152,793	141,306	27,856	30,554	26,487	27,752	29,558
Number Of Employees	5	5	7	6	6	5	1	1	1	1	1
EBITDA*	1,269	-4,372	-6,113	1,049	0	2,662	23,948	334	9,401	-3,485	-24,593

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013
Tangible Assets	0	0	0	0	0	0	2,431	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	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
Total Fixed Assets	0	0	0	0	0	0	2,431	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	3,028	5,678	58,289	56,456	9,801	8,826	0	1,973	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	5,149	625	503	1,666
misc current assets	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,028	5,678	58,289	56,456	9,801	8,826	0	7,122	625	503	1,666
total assets	3,028	5,678	58,289	56,456	9,801	8,826	2,431	7,122	625	503	1,666
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	10,425	14,027	62,266	54,320	8,515	7,540	3,201	3,653	86	28,472	26,155
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	10,425	14,027	62,266	54,320	8,515	7,540	3,201	3,653	86	28,472	26,155
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	23,642	20,985	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	23,642	20,985	0	0
total liabilities	10,425	14,027	62,266	54,320	8,515	7,540	3,201	27,295	21,071	28,472	26,155
net assets	-7,397	-8,349	-3,977	2,136	1,286	1,286	-770	-20,173	-20,446	-27,969	-24,489
total shareholders funds	-7,397	-8,349	-3,977	2,136	1,286	1,286	-770	-20,173	-20,446	-27,969	-24,489

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012
Operating Activities
Operating Profit	1,269	-4,372	-6,113	1,049	0	2,662	23,948	334	9,401	-3,485	-24,593	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-317	0	0	-199	0	-506	-4,551	-68	-1,881	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-2,650	-52,611	1,833	46,655	975	8,826	-1,973	1,973	0	0	0	0
Creditors	-3,602	-48,239	7,946	45,805	975	4,339	-452	3,567	-28,386	2,317	26,155	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	0	0	0	0	0	-2,331	20,918	1,860	-20,866	-1,168	1,562	0
Investing Activities
capital expenditure	0	0	0	0	0	2,431	-2,431	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	2,431	-2,431	0	0	0	0	0
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	0	0	0	0	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	-23,642	2,657	20,985	0	0	0
share issue	0	0	0	0	0	-100	0	0	0	0	100	0
interest	0	0	0	0	0	0	6	7	3	5	4	0
cash flow from financing	0	0	0	0	0	-100	-23,636	2,664	20,988	5	104	0
cash and cash equivalents
cash	0	0	0	0	0	0	-5,149	4,524	122	-1,163	1,666	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-5,149	4,524	122	-1,163	1,666	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for morden accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SM4 area or any other competitors across 12 key performance metrics.

MORDEN ACCOUNTANTS LTD group structure

Morden Accountants Ltd has no subsidiary companies.

Ultimate parent company

MORDEN ACCOUNTANTS LTD

07738129

MORDEN ACCOUNTANTS LTD Shareholders

tauseef ahmad khan

100%

Morden Accountants Ltd currently has 2 directors. The longest serving directors include Mr Tauseef Khan (Apr 2020) and Mr Salman Khan (Mar 2024).

officer	country	age	start	end	role
Mr Tauseef Khan	United Kingdom	47 years	Apr 2020	-	Director
Mr Salman Khan	United Kingdom	44 years	Mar 2024	-	Director

P&L

August 2023

turnover

50.4k

-12%

operating profit

1.3k

gross margin

26.2%

-5.58%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

-7.4k

-0.11%

total assets

-0.47%

cash

net assets

Total assets minus all liabilities

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company number

07738129

Type

Private limited with Share Capital

industry

82110 - Combined office administrative service activities

69202 - Bookkeeping activities

incorporation date

August 2011

ultimate parent company

None

previous names

N/A

address

115 london road, morden, surrey, SM4 5HP

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.

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morden accountants ltd Company Information

morden accountants ltd Estimated Valuation

morden accountants ltd Estimated Valuation

morden accountants ltd Estimated Valuation

Morden Accountants Ltd Overview

Morden Accountants Ltd Health Check

MORDEN ACCOUNTANTS LTD financials

morden accountants ltd Credit Report and Business Information

Morden Accountants Ltd Competitor Analysis

morden accountants ltd Ownership

morden accountants ltd directors

morden accountants ltd company details

morden accountants ltd Charges & Mortgages

morden accountants ltd Capital Raised & Share Issues BETA

morden accountants ltd Companies House Filings - See Documents