m & m accountants ltd Company Information
Group Structure
View All
Industry
Tax consultancy
+2Registered Address
28 tavistock road, edgware, london, middlesex, HA8 6DA
Website
www.mandmauditing.comm & m accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of M & M ACCOUNTANTS LTD at £22.3k based on a Turnover of £37.9k and 0.59x industry multiple (adjusted for size and gross margin).
m & m accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of M & M ACCOUNTANTS LTD at £0 based on an EBITDA of £0 and a 3.48x industry multiple (adjusted for size and gross margin).
m & m accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of M & M ACCOUNTANTS LTD at £20.6k based on Net Assets of £5.6k and 3.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
M & M Accountants Ltd Overview
M & M Accountants Ltd is a live company located in london, HA8 6DA with a Companies House number of 08070956. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2012, it's largest shareholder is manishkumar patel with a 100% stake. M & M Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £37.9k with high growth in recent years.
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M & M Accountants Ltd Health Check
Pomanda's financial health check has awarded M & M Accountants Ltd a 1.5 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
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2 Strong
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1 Regular
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6 Weak
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Size
annual sales of £37.9k, make it smaller than the average company (£154.5k)
- M & M Accountants Ltd
£154.5k - Industry AVG
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Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.9%)
- M & M Accountants Ltd
6.9% - Industry AVG
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Production
with a gross margin of 33.2%, this company has a higher cost of product (78.1%)
- M & M Accountants Ltd
78.1% - Industry AVG
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Profitability
There is insufficient data available for this Key Performance Indicator!
- M & M Accountants Ltd
- - Industry AVG
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Employees
with 1 employees, this is below the industry average (2)
1 - M & M Accountants Ltd
2 - Industry AVG
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Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- M & M Accountants Ltd
£34.2k - Industry AVG
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Efficiency
resulting in sales per employee of £37.9k, this is less efficient (£72.8k)
- M & M Accountants Ltd
£72.8k - Industry AVG
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Debtor Days
it gets paid by customers after 166 days, this is later than average (79 days)
- M & M Accountants Ltd
79 days - Industry AVG
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Creditor Days
its suppliers are paid after 167 days, this is slower than average (20 days)
- M & M Accountants Ltd
20 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- M & M Accountants Ltd
- - Industry AVG
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Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M & M Accountants Ltd
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 67.3%, this is a higher level of debt than the average (60.3%)
67.3% - M & M Accountants Ltd
60.3% - Industry AVG
M & M ACCOUNTANTS LTD financials
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M & M Accountants Ltd's latest turnover from March 2024 is estimated at £37.9 thousand and the company has net assets of £5.6 thousand. According to their latest financial statements, M & M Accountants Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 7 | 7 | 214 | 421 | 0 | 0 | 0 | 198 | 396 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 7 | 7 | 214 | 422 | 0 | 0 | 0 | 199 | 396 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 17,246 | 17,246 | 17,246 | 12,039 | 12,039 | 4,693 | 954 | 1,139 | 6,275 | 2,078 | 2,100 | 200 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 544 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 17,246 | 17,246 | 17,246 | 12,039 | 12,039 | 4,693 | 954 | 1,139 | 6,275 | 2,078 | 2,100 | 744 |
total assets | 17,246 | 17,246 | 17,246 | 12,046 | 12,046 | 4,907 | 1,376 | 1,139 | 6,275 | 2,078 | 2,299 | 1,140 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 11,610 | 11,610 | 11,610 | 8,892 | 8,892 | 4,250 | 2,685 | 1,747 | 5,366 | 4,440 | 3,168 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 11,610 | 11,610 | 11,610 | 8,892 | 8,892 | 4,250 | 2,685 | 1,747 | 5,366 | 4,440 | 3,168 | 0 |
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 | 1,621 |
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 | 1,621 |
total liabilities | 11,610 | 11,610 | 11,610 | 8,892 | 8,892 | 4,250 | 2,685 | 1,747 | 5,366 | 4,440 | 3,168 | 1,621 |
net assets | 5,636 | 5,636 | 5,636 | 3,154 | 3,154 | 657 | -1,309 | -608 | 909 | -2,362 | -869 | -481 |
total shareholders funds | 5,636 | 5,636 | 5,636 | 3,154 | 3,154 | 657 | -1,309 | -608 | 909 | -2,362 | -869 | -481 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 198 | ||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 0 | 0 | 5,207 | 0 | 7,346 | 3,739 | -185 | -5,136 | 4,197 | -22 | 1,900 | 200 |
Creditors | 0 | 0 | 2,718 | 0 | 4,642 | 1,565 | 938 | -3,619 | 926 | 1,272 | 3,168 | 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 | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | -1 | 1 | 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 | -1,621 | 1,621 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -544 | 544 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -544 | 544 |
m & m accountants ltd Credit Report and Business Information
M & M Accountants Ltd Competitor Analysis
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Perform a competitor analysis for m & m accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.
m & m accountants ltd Ownership
M & M ACCOUNTANTS LTD group structure
M & M Accountants Ltd has no subsidiary companies.
Ultimate parent company
M & M ACCOUNTANTS LTD
08070956
m & m accountants ltd directors
M & M Accountants Ltd currently has 1 director, Mr Manishkumar Patel serving since May 2012.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Manishkumar Patel | England | 49 years | May 2012 | - | Director |
P&L
March 2024turnover
37.9k
+3%
operating profit
0
0%
gross margin
33.3%
-19.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.6k
0%
total assets
17.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
m & m accountants ltd company details
company number
08070956
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69203 - Tax consultancy
69201 - Accounting, and auditing activities
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
28 tavistock road, edgware, london, middlesex, HA8 6DA
Bank
-
Legal Advisor
-
m & m accountants 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 m & m accountants ltd.
m & m accountants ltd 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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m & m accountants ltd Companies House Filings - See Documents
date | description | view/download |
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