united accountancy & co limited

Live EstablishedMicroHealthy

united accountancy & co limited Company Information

Share UNITED ACCOUNTANCY & CO LIMITED

Company Number

08048750

Directors

Cengiz Yildiz

Shareholders

morgan lloyds sipp trustees limited (mlss ltd supp re yildiz c)

cengiz yildiz

View All

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

8 clock house parade, north circular road, london, N13 6BG

united accountancy & co limited Estimated Valuation

£248.1k

Pomanda estimates the enterprise value of UNITED ACCOUNTANCY & CO LIMITED at £248.1k based on a Turnover of £265k and 0.94x industry multiple (adjusted for size and gross margin).

united accountancy & co limited Estimated Valuation

£416.7k

Pomanda estimates the enterprise value of UNITED ACCOUNTANCY & CO LIMITED at £416.7k based on an EBITDA of £69.4k and a 6x industry multiple (adjusted for size and gross margin).

united accountancy & co limited Estimated Valuation

£0

Pomanda estimates the enterprise value of UNITED ACCOUNTANCY & CO LIMITED at £0 based on Net Assets of £-8.9k and 3.06x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

United Accountancy & Co Limited Overview

United Accountancy & Co Limited is a live company located in london, N13 6BG with a Companies House number of 08048750. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2012, it's largest shareholder is morgan lloyds sipp trustees limited (mlss ltd supp re yildiz c) with a 99.7% stake. United Accountancy & Co Limited is a established, micro sized company, Pomanda has estimated its turnover at £265k with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

United Accountancy & Co Limited Health Check

Pomanda's financial health check has awarded United Accountancy & Co Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £265k, make it larger than the average company (£189.9k)

£265k - United Accountancy & Co Limited

£189.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9%)

8% - United Accountancy & Co Limited

9% - Industry AVG

production

Production

with a gross margin of 95.1%, this company has a comparable cost of product (95.1%)

95.1% - United Accountancy & Co Limited

95.1% - Industry AVG

profitability

Profitability

an operating margin of 24.5% make it more profitable than the average company (8.2%)

24.5% - United Accountancy & Co Limited

8.2% - Industry AVG

employees

Employees

with 8 employees, this is above the industry average (3)

8 - United Accountancy & Co Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)

£36.3k - United Accountancy & Co Limited

£36.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.1k, this is less efficient (£80.2k)

£33.1k - United Accountancy & Co Limited

£80.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 32 days, this is earlier than average (74 days)

32 days - United Accountancy & Co Limited

74 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 334 days, this is slower than average (26 days)

334 days - United Accountancy & Co Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 790 days, this is more than average (45 days)

790 days - United Accountancy & Co Limited

45 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (32 weeks)

7 weeks - United Accountancy & Co Limited

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.8%, this is a higher level of debt than the average (52.2%)

101.8% - United Accountancy & Co Limited

52.2% - Industry AVG

UNITED ACCOUNTANCY & CO LIMITED financials

EXPORTms excel logo

United Accountancy & Co Limited's latest turnover from April 2024 is estimated at £265 thousand and the company has net assets of -£8.9 thousand. According to their latest financial statements, United Accountancy & Co Limited has 8 employees and maintains cash reserves of £37.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover264,979272,402248,228209,846238,117144,600135,692150,130105,39761,10918,262
Other Income Or Grants
Cost Of Sales12,93423,18834,97734,0357,9814,1203,9653,19410,2138,4681,656
Gross Profit252,045249,213213,251175,811230,136140,480131,727146,93695,18452,64116,606
Admin Expenses187,230294,157197,986162,977220,435141,295122,387129,82790,05836,41253,335
Operating Profit64,815-44,94415,26512,8349,701-8159,34017,1095,12616,229-36,729
Interest Payable29,74423,9238,2753,7353,8164,3091,971296
Interest Receivable3,5364,16062276914751133035175
Pre-Tax Profit38,607-64,7077,6129,1755,977-4,6487,48116,8435,16116,246-36,724
Tax-9,652-1,446-1,743-1,136-1,421-3,200-1,032-3,249
Profit After Tax28,955-64,7076,1667,4324,841-4,6486,06013,6434,12912,997-36,724
Dividends Paid
Retained Profit28,955-64,7076,1667,4324,841-4,6486,06013,6434,12912,997-36,724
Employee Costs290,645282,419264,748200,846169,717169,722147,626196,50060,05428,77327,474
Number Of Employees88876557211
EBITDA*69,406-39,20621,68017,34814,1414,54515,50823,41212,81721,745-34,960

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets18,36422,95524,80517,84417,49121,10324,25624,68730,11221,2476,058
Intangible Assets2142673344185226538161,020
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets18,36422,95524,80518,05817,75821,43724,67425,20930,76522,0637,078
Stock & work in progress28,000
Trade Debtors23,56628,66426,34724,54736,54013,35212,5496,78817,1498,6322,428
Group Debtors
Misc Debtors388,403257,990168,918117,99629,24632,44433,64224,850
Cash37,79196,91098,83567,11885,26397,20529,53315,5268,8625,0541,861
misc current assets27,269
total current assets477,760383,564294,100209,661151,049143,001102,99347,16426,01113,6864,289
total assets496,124406,519318,905227,719168,807164,438127,66772,37356,77635,74911,367
Bank overdraft24,54127,3956,8546,31216,36429,5328,476
Bank loan
Trade Creditors 11,8576,1214,7565913,7122,4806,79460410,66624,9548,117
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities222,786105,75978,91995,54166,18340,01419,58918,245
total current liabilities259,184139,27590,529102,44486,25972,02634,85918,84910,66624,9548,117
loans208,796268,055164,48067,54532,25046,95542,7039,479
hp & lease commitments
Accruals and Deferred Income
other liabilities37,00037,00037,00037,00037,00037,00037,00037,00052,70821,52226,974
provisions
total long term liabilities245,796305,055201,480104,54569,25083,95579,70346,47952,70821,52226,974
total liabilities504,980444,330292,009206,989155,509155,981114,56265,32863,37446,47635,091
net assets-8,856-37,81126,89620,73013,2988,45713,1057,045-6,598-10,727-23,724
total shareholders funds-8,856-37,81126,89620,73013,2988,45713,1057,045-6,598-10,727-23,724
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit64,815-44,94415,26512,8349,701-8159,34017,1095,12616,229-36,729
Depreciation4,5915,7386,2014,4614,3735,2766,0646,1727,5285,3121,514
Amortisation214536784104131163204255
Tax-9,652-1,446-1,743-1,136-1,421-3,200-1,032-3,249
Stock28,000
Debtors125,31591,38952,72276,75719,990-39514,55314,4898,5176,2042,428
Creditors5,7361,3654,165-3,1211,232-4,3146,190-10,062-14,28816,8378,117
Accruals and Deferred Income117,02726,840-16,62229,35826,16920,4251,34418,245
Deferred Taxes & Provisions
Cash flow from operations29,202-102,390-44,945-34,91520,41621,0517,06813,906-11,02029,129-29,271
Investing Activities
capital expenditure-3,888-13,162-4,814-761-2,123-5,633-747-16,393-20,501-8,847
Change in Investments
cash flow from investments-3,888-13,162-4,814-761-2,123-5,633-747-16,393-20,501-8,847
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-59,259103,57596,93535,295-14,7054,25233,2249,479
Hire Purchase and Lease Commitments
other long term liabilities-15,70831,186-5,45226,974
share issue13,000
interest-26,208-19,763-7,653-3,659-3,725-3,834-1,858-26635175
cash flow from financing-85,46783,81289,28231,636-18,43041831,366-6,49531,221-5,43539,979
cash and cash equivalents
cash-59,119-1,92531,717-18,145-11,94267,67214,0076,6643,8083,1931,861
overdraft-2,85420,541542-10,052-13,16821,0568,476
change in cash-56,265-22,46631,175-8,0931,22646,6165,5316,6643,8083,1931,861

united accountancy & co limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for united accountancy & co limited. Get real-time insights into united accountancy & co limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

United Accountancy & Co Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for united accountancy & co limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N13 area or any other competitors across 12 key performance metrics.

united accountancy & co limited Ownership

UNITED ACCOUNTANCY & CO LIMITED group structure

United Accountancy & Co Limited has no subsidiary companies.

Ultimate parent company

UNITED ACCOUNTANCY & CO LIMITED

08048750

UNITED ACCOUNTANCY & CO LIMITED Shareholders

morgan lloyds sipp trustees limited (mlss ltd supp re yildiz c) 99.73%
cengiz yildiz 0.27%
aysun yildiz 0%
ata yildiz 0%

united accountancy & co limited directors

United Accountancy & Co Limited currently has 1 director, Mr Cengiz Yildiz serving since Apr 2012.

officercountryagestartendrole
Mr Cengiz YildizEngland51 years Apr 2012- Director

P&L

April 2024

turnover

265k

-3%

operating profit

64.8k

0%

gross margin

95.2%

+3.97%

turnover

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

Balance Sheet

April 2024

net assets

-8.9k

-0.77%

total assets

496.1k

+0.22%

cash

37.8k

-0.61%

net assets

Total assets minus all liabilities

united accountancy & co limited company details

company number

08048750

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

April 2024

previous names

cengiz & co accountancy limited (August 2012)

accountant

-

auditor

-

address

8 clock house parade, north circular road, london, N13 6BG

Bank

-

Legal Advisor

-

united accountancy & co 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 united accountancy & co limited.

united accountancy & co 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 UNITED ACCOUNTANCY & CO LIMITED. This can take several minutes, an email will notify you when this has completed.

united accountancy & co limited Companies House Filings - See Documents

datedescriptionview/download