gtc accountants limited
gtc accountants limited Company Information
Group Structure
View All
Industry
Accounting, and auditing activities
+2Registered Address
first floor, 241 high street, london, E17 7BH
Website
www.gtcaccountants.comgtc accountants limited Estimated Valuation
Pomanda estimates the enterprise value of GTC ACCOUNTANTS LIMITED at £46.7k based on a Turnover of £78.8k and 0.59x industry multiple (adjusted for size and gross margin).
gtc accountants limited Estimated Valuation
Pomanda estimates the enterprise value of GTC ACCOUNTANTS LIMITED at £116 based on an EBITDA of £33 and a 3.49x industry multiple (adjusted for size and gross margin).
gtc accountants limited Estimated Valuation
Pomanda estimates the enterprise value of GTC ACCOUNTANTS LIMITED at £6k based on Net Assets of £1.7k and 3.66x industry multiple (adjusted for liquidity).
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Gtc Accountants Limited Overview
Gtc Accountants Limited is a live company located in london, E17 7BH with a Companies House number of 07795770. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in October 2011, it's largest shareholder is abid akram with a 100% stake. Gtc Accountants Limited is a established, micro sized company, Pomanda has estimated its turnover at £78.8k with unknown growth in recent years.
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Gtc Accountants Limited Health Check
Pomanda's financial health check has awarded Gtc Accountants Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £78.8k, make it smaller than the average company (£154.9k)
- Gtc Accountants Limited
£154.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Gtc Accountants Limited
- - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (78.2%)
- Gtc Accountants Limited
78.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.3%)
- Gtc Accountants Limited
6.3% - Industry AVG
Employees
with 4 employees, this is above the industry average (2)
4 - Gtc Accountants Limited
2 - Industry AVG
Pay Structure
on an average salary of £34.1k, the company has an equivalent pay structure (£34.1k)
- Gtc Accountants Limited
£34.1k - Industry AVG
Efficiency
resulting in sales per employee of £19.7k, this is less efficient (£73.1k)
- Gtc Accountants Limited
£73.1k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is near the average (80 days)
- Gtc Accountants Limited
80 days - Industry AVG
Creditor Days
its suppliers are paid after 142 days, this is slower than average (20 days)
- Gtc Accountants Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gtc Accountants Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Gtc Accountants Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.6%, this is a higher level of debt than the average (60.6%)
92.6% - Gtc Accountants Limited
60.6% - Industry AVG
GTC ACCOUNTANTS LIMITED financials
Gtc Accountants Limited's latest turnover from March 2024 is estimated at £78.8 thousand and the company has net assets of £1.7 thousand. According to their latest financial statements, Gtc Accountants Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,487 | 64,650 | 49,507 | 46,839 | ||||||||
| 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 | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,818 | 515 | 772 | 1,029 | 0 | 237 | 279 | 328 | 385 | 694 | 1,003 | 1,312 |
| 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 | 2,818 | 515 | 772 | 1,029 | 0 | 237 | 279 | 328 | 385 | 694 | 1,003 | 1,312 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 17,846 | 24,551 | 17,182 | 1,709 | 1,008 | 3,016 | 4,890 | 0 | 0 | 0 | 2,600 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,599 | 1,599 | 184 | 1,359 | 2,989 | 0 | 0 | 6,383 | 3,992 | 6,000 | 0 | 3,801 |
| Cash | 0 | 0 | 0 | 12,920 | 0 | 0 | 0 | 0 | 814 | 3,511 | 115 | 2,827 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,445 | 26,150 | 17,366 | 15,988 | 3,997 | 3,016 | 4,890 | 6,383 | 4,806 | 9,511 | 2,715 | 6,628 |
| total assets | 22,263 | 26,665 | 18,138 | 17,017 | 3,997 | 3,253 | 5,169 | 6,711 | 5,191 | 10,205 | 3,718 | 7,940 |
| Bank overdraft | 0 | 0 | 0 | 10,000 | 1,168 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,613 | 25,040 | 16,386 | 0 | 0 | 606 | 1,697 | 5,515 | 4,383 | 4,235 | 2,994 | 0 |
| 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 | 0 | 0 | 0 | 1,851 | 867 | 0 | 0 | 0 | 0 | 0 | 0 | 7,501 |
| total current liabilities | 20,613 | 25,040 | 16,386 | 11,851 | 2,035 | 606 | 1,697 | 5,515 | 4,383 | 4,235 | 2,994 | 7,501 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,613 | 25,040 | 16,386 | 11,851 | 2,035 | 606 | 1,697 | 5,515 | 4,383 | 4,235 | 2,994 | 7,501 |
| net assets | 1,650 | 1,625 | 1,752 | 5,166 | 1,962 | 2,647 | 3,472 | 1,196 | 808 | 5,970 | 724 | 439 |
| total shareholders funds | 1,650 | 1,625 | 1,752 | 5,166 | 1,962 | 2,647 | 3,472 | 1,196 | 808 | 5,970 | 724 | 439 |
| Mar 2024 | Mar 2023 | Mar 2022 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 58 | 309 | 309 | 309 | 232 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,705 | 8,784 | 17,366 | -929 | 981 | -1,874 | -1,493 | 2,391 | -2,008 | 3,400 | -1,201 | 3,801 |
| Creditors | -4,427 | 8,654 | 16,386 | 0 | -606 | -1,091 | -3,818 | 1,132 | 148 | 1,241 | 2,994 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 984 | 867 | 0 | 0 | 0 | 0 | 0 | -7,501 | 7,501 |
| 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | 0 | 12,920 | 0 | 0 | 0 | -814 | -2,697 | 3,396 | -2,712 | 2,827 |
| overdraft | 0 | 0 | 0 | 8,832 | 1,168 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 4,088 | -1,168 | 0 | 0 | -814 | -2,697 | 3,396 | -2,712 | 2,827 |
gtc accountants limited Credit Report and Business Information
Gtc Accountants Limited Competitor Analysis
Perform a competitor analysis for gtc accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
gtc accountants limited Ownership
GTC ACCOUNTANTS LIMITED group structure
Gtc Accountants Limited has no subsidiary companies.
Ultimate parent company
GTC ACCOUNTANTS LIMITED
07795770
gtc accountants limited directors
Gtc Accountants Limited currently has 1 director, Mr Abid Akram serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abid Akram | United Kingdom | 44 years | Aug 2022 | - | Director |
P&L
March 2024turnover
78.8k
+10%
operating profit
33.3
0%
gross margin
33.3%
-19.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.7k
+0.02%
total assets
22.3k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
gtc accountants limited company details
company number
07795770
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
first floor, 241 high street, london, E17 7BH
Bank
-
Legal Advisor
-
gtc accountants limited 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 gtc accountants limited.
gtc accountants limited 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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gtc accountants limited Companies House Filings - See Documents
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