tax 2 go limited
tax 2 go limited Company Information
Company Number
07852015
Next Accounts
Jan 2026
Shareholders
gurjit singh chaggar
kurun singh chaggar
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
+3Registered Address
trilogy suite 9 church street, wednesfield, wolverhampton, west midlands, WV11 1SR
Website
www.tax2go-ltd.co.uktax 2 go limited Estimated Valuation
Pomanda estimates the enterprise value of TAX 2 GO LIMITED at £26.4k based on a Turnover of £49.5k and 0.53x industry multiple (adjusted for size and gross margin).
tax 2 go limited Estimated Valuation
Pomanda estimates the enterprise value of TAX 2 GO LIMITED at £0 based on an EBITDA of £-1.1k and a 3.52x industry multiple (adjusted for size and gross margin).
tax 2 go limited Estimated Valuation
Pomanda estimates the enterprise value of TAX 2 GO LIMITED at £0 based on Net Assets of £-924 and 3.21x industry multiple (adjusted for liquidity).
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Tax 2 Go Limited Overview
Tax 2 Go Limited is a live company located in wolverhampton, WV11 1SR with a Companies House number of 07852015. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2011, it's largest shareholder is gurjit singh chaggar with a 50% stake. Tax 2 Go Limited is a established, micro sized company, Pomanda has estimated its turnover at £49.5k with healthy growth in recent years.
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Tax 2 Go Limited Health Check
Pomanda's financial health check has awarded Tax 2 Go Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £49.5k, make it smaller than the average company (£592k)
- Tax 2 Go Limited
£592k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.7%)
- Tax 2 Go Limited
7.7% - Industry AVG
Production
with a gross margin of 37%, this company has a higher cost of product (72.6%)
- Tax 2 Go Limited
72.6% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.8%)
- Tax 2 Go Limited
6.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Tax 2 Go Limited
6 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
- Tax 2 Go Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £49.5k, this is less efficient (£85k)
- Tax 2 Go Limited
£85k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Tax 2 Go Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 797 days, this is slower than average (28 days)
- Tax 2 Go Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tax 2 Go Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (30 weeks)
51 weeks - Tax 2 Go Limited
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.4%, this is a higher level of debt than the average (57.6%)
101.4% - Tax 2 Go Limited
57.6% - Industry AVG
TAX 2 GO LIMITED financials
Tax 2 Go Limited's latest turnover from April 2024 is estimated at £49.5 thousand and the company has net assets of -£924. According to their latest financial statements, Tax 2 Go Limited has 1 employee and maintains cash reserves of £67.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,106 | 2,375 | 744 | 1,862 | 2,979 | 4,468 | |||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 1,106 | 2,375 | 744 | 1,862 | 2,979 | 4,468 | |||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | |||||||||||||
| Group Debtors | |||||||||||||
| Misc Debtors | |||||||||||||
| Cash | 67,147 | 65,682 | 58,679 | 48,964 | 43,986 | 42,040 | 18,255 | 22,492 | 12,496 | 14,992 | 8,979 | 6,449 | |
| misc current assets | |||||||||||||
| total current assets | 67,147 | 65,682 | 58,679 | 48,964 | 43,986 | 42,040 | 18,255 | 22,492 | 12,496 | 14,992 | 8,979 | 6,449 | |
| total assets | 67,147 | 65,682 | 58,679 | 48,964 | 43,986 | 43,146 | 20,630 | 22,492 | 13,240 | 16,854 | 11,958 | 10,917 | |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 68,071 | 68,419 | 63,971 | 55,718 | 50,090 | 43,447 | 22,478 | 20,269 | 15,273 | ||||
| Group/Directors Accounts | |||||||||||||
| other short term finances | 20,154 | 14,223 | 9,788 | ||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | |||||||||||||
| total current liabilities | 68,071 | 68,419 | 63,971 | 55,718 | 50,090 | 43,447 | 22,478 | 20,269 | 15,273 | 20,154 | 14,223 | 9,788 | |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 68,071 | 68,419 | 63,971 | 55,718 | 50,090 | 43,447 | 22,478 | 20,269 | 15,273 | 20,154 | 14,223 | 9,788 | |
| net assets | -924 | -2,737 | -5,292 | -6,754 | -6,104 | -301 | -1,848 | 2,223 | -2,033 | -3,300 | -2,265 | 1,129 | |
| total shareholders funds | -924 | -2,737 | -5,292 | -6,754 | -6,104 | -301 | -1,848 | 2,223 | -2,033 | -3,300 | -2,265 | 1,129 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 1,106 | 1,269 | 125 | 744 | 1,118 | 1,117 | 1,489 | ||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | |||||||||||||
| Creditors | -348 | 4,448 | 8,253 | 5,628 | 6,643 | 20,969 | 2,209 | 4,996 | 15,273 | ||||
| Accruals and Deferred Income | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | |||||||||||||
| Other Short Term Loans | -20,154 | 5,931 | 4,435 | 9,788 | |||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 1,465 | 7,003 | 9,715 | 4,978 | 1,946 | 23,785 | -4,237 | 9,996 | -2,496 | 6,013 | 2,530 | 6,449 | |
| overdraft | |||||||||||||
| change in cash | 1,465 | 7,003 | 9,715 | 4,978 | 1,946 | 23,785 | -4,237 | 9,996 | -2,496 | 6,013 | 2,530 | 6,449 |
tax 2 go limited Credit Report and Business Information
Tax 2 Go Limited Competitor Analysis
Perform a competitor analysis for tax 2 go limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WV11 area or any other competitors across 12 key performance metrics.
tax 2 go limited Ownership
TAX 2 GO LIMITED group structure
Tax 2 Go Limited has no subsidiary companies.
Ultimate parent company
TAX 2 GO LIMITED
07852015
tax 2 go limited directors
Tax 2 Go Limited currently has 2 directors. The longest serving directors include Mr Gurjit Chaggar (Nov 2011) and Mr Kurun Chaggar (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gurjit Chaggar | England | 58 years | Nov 2011 | - | Director |
| Mr Kurun Chaggar | England | 29 years | Jun 2014 | - | Director |
P&L
April 2024turnover
49.5k
+2%
operating profit
-1.1k
0%
gross margin
37.1%
-3.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-924
-0.66%
total assets
67.1k
+0.02%
cash
67.1k
+0.02%
net assets
Total assets minus all liabilities
tax 2 go limited company details
company number
07852015
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
incorporation date
November 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
N/A
accountant
TRILOGY ACCOUNTANCY SERVICES
auditor
-
address
trilogy suite 9 church street, wednesfield, wolverhampton, west midlands, WV11 1SR
Bank
-
Legal Advisor
-
tax 2 go 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 tax 2 go limited.
tax 2 go 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.
Click to start generating capital raising & share issue transactions for TAX 2 GO LIMITED. This can take several minutes, an email will notify you when this has completed.
tax 2 go limited Companies House Filings - See Documents
| date | description | view/download |
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