Pomanda estimates the enterprise value of 20:20 ACCOUNTANCY SOLUTIONS LTD at £414.5k based on a Turnover of £751.8k and 0.55x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 20:20 ACCOUNTANCY SOLUTIONS LTD at £283k based on an EBITDA of £81.5k and a 3.47x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 20:20 ACCOUNTANCY SOLUTIONS LTD at £1.3m based on Net Assets of £453.6k and 2.9x industry multiple (adjusted for liquidity).
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20:20 Accountancy Solutions LtdOverview
20:20 Accountancy Solutions Ltd is a live company located in hertfordshire, EN5 3HS with a Companies House number of 08226576. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in September 2012, it's largest shareholder is
gary steven good
with a 90% stake. 20:20 Accountancy Solutions Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£751.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded 20:20 Accountancy Solutions Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £751.8k, make it in line with the average company (£656.7k)
£751.8k - 20:20 Accountancy Solutions Ltd
£656.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (8%)
-22% - 20:20 Accountancy Solutions Ltd
8% - Industry AVG
Production
with a gross margin of 33.4%, this company has a higher cost of product (68.3%)
33.4% - 20:20 Accountancy Solutions Ltd
68.3% - Industry AVG
Profitability
an operating margin of 10.8% make it more profitable than the average company (6.3%)
10.8% - 20:20 Accountancy Solutions Ltd
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - 20:20 Accountancy Solutions Ltd
8 - Industry AVG
Pay Structure
on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)
£34.7k - 20:20 Accountancy Solutions Ltd
£34.7k - Industry AVG
Efficiency
resulting in sales per employee of £751.8k, this is more efficient (£80.6k)
£751.8k - 20:20 Accountancy Solutions Ltd
£80.6k - Industry AVG
Debtor Days
it gets paid by customers after 302 days, this is later than average (54 days)
302 days - 20:20 Accountancy Solutions Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (27 days)
110 days - 20:20 Accountancy Solutions Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 20:20 Accountancy Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 20:20 Accountancy Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.4%, this is a lower level of debt than the average (49.3%)
28.4% - 20:20 Accountancy Solutions Ltd
49.3% - Industry AVG
20:20 ACCOUNTANCY SOLUTIONS LTD financials
EXPORT
20:20 Accountancy Solutions Ltd's latest turnover from March 2024 is estimated at £751.8 thousand and the company has net assets of £453.6 thousand. According to their latest financial statements, 20:20 Accountancy Solutions 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
Apr 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
751,825
1,271,338
1,572,478
1,585,003
1,341,624
25,685
76,963
47,419
96,875
Other Income Or Grants
Cost Of Sales
500,378
858,799
1,038,396
1,026,950
856,958
16,196
44,878
26,757
61,541
Gross Profit
251,448
412,540
534,082
558,054
484,666
9,488
32,085
20,662
35,334
Admin Expenses
169,936
299,376
456,499
451,539
386,653
-77,944
190,932
-18,399
-123,460
Operating Profit
81,512
113,164
77,583
106,515
98,013
87,432
-158,847
39,061
158,794
Interest Payable
Interest Receivable
38
544
680
381
255
Pre-Tax Profit
81,512
113,164
77,583
106,515
98,051
87,977
-158,167
39,442
159,049
Tax
-20,378
-21,501
-14,741
-20,238
-18,630
-16,716
-7,494
-31,810
Profit After Tax
61,134
91,663
62,842
86,277
79,421
71,261
-158,167
31,948
127,239
Dividends Paid
Retained Profit
61,134
91,663
62,842
86,277
79,421
71,261
-158,167
31,948
127,239
Employee Costs
34,713
33,377
32,268
60,401
30,249
33,834
59,433
65,450
29,451
Number Of Employees
1
1
1
2
1
1
2
2
1
EBITDA*
81,512
113,164
77,583
106,515
98,013
87,432
-158,847
39,061
158,794
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Apr 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
799
1,306
1,590
3,295
3,415
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
799
1,306
1,590
3,295
3,415
Stock & work in progress
Trade Debtors
623,077
1,005,562
1,261,006
1,190,860
1,101,650
1,346
20,637
11,536
23,532
Group Debtors
Misc Debtors
9,225
22,110
9,443
8,689
300
101,824
1,420
65,559
Cash
75,559
69,620
202,548
101,974
misc current assets
1
total current assets
632,302
1,027,672
1,270,449
1,199,549
1,101,650
1,012,206
192,081
215,504
191,065
total assets
633,101
1,028,978
1,272,039
1,202,844
1,105,065
1,012,206
192,081
215,504
191,065
Bank overdraft
Bank loan
Trade Creditors
151,975
592,191
924,903
934,265
953,363
1
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
939,823
190,959
56,214
63,724
total current liabilities
151,975
592,191
924,903
934,265
953,363
939,823
190,959
56,215
63,724
loans
hp & lease commitments
Accruals and Deferred Income
1,000
5,878
other liabilities
9,516
17,096
24,552
30,600
provisions
17,992
26,207
15,885
total long term liabilities
27,508
44,303
46,315
30,600
total liabilities
179,483
636,494
971,218
964,865
953,363
939,823
190,959
56,215
63,724
net assets
453,618
392,484
300,821
237,979
151,702
72,383
1,122
159,289
127,341
total shareholders funds
453,618
392,484
300,821
237,979
151,702
72,383
1,122
159,289
127,341
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Apr 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
81,512
113,164
77,583
106,515
98,013
87,432
-158,847
39,061
158,794
Depreciation
Amortisation
Tax
-20,378
-21,501
-14,741
-20,238
-18,630
-16,716
-7,494
-31,810
Stock
Debtors
-395,370
-242,777
70,900
97,899
1,100,004
-120,815
109,505
-76,135
89,091
Creditors
-440,216
-332,712
-9,362
-19,098
953,363
-1
1
Accruals and Deferred Income
-1,000
-4,878
5,878
-939,823
748,864
134,745
-7,510
63,724
Deferred Taxes & Provisions
-8,215
10,322
15,885
Cash flow from operations
7,073
7,172
4,343
-30,720
-1,007,081
940,395
-133,608
100,193
101,617
Investing Activities
capital expenditure
507
284
1,705
120
-3,415
Change in Investments
cash flow from investments
507
284
1,705
120
-3,415
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-7,580
-7,456
-6,048
30,600
share issue
-102
102
interest
38
544
680
381
255
cash flow from financing
-7,580
-7,456
-6,048
30,600
-64
544
680
381
357
cash and cash equivalents
cash
-75,559
5,939
-132,928
100,574
101,974
overdraft
change in cash
-75,559
5,939
-132,928
100,574
101,974
20:20 accountancy solutions ltd 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 20:20 accountancy solutions ltd. Get real-time insights into 20:20 accountancy solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for 20:20 accountancy solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EN5 area or any other competitors across 12 key performance metrics.
20:20 accountancy solutions ltd Ownership
20:20 ACCOUNTANCY SOLUTIONS LTD group structure
20:20 Accountancy Solutions Ltd has no subsidiary companies.
Ultimate parent company
20:20 ACCOUNTANCY SOLUTIONS LTD
08226576
20:20 ACCOUNTANCY SOLUTIONS LTD Shareholders
The largest shareholders in 20:20 Accountancy Solutions Ltd include Gary Steven Good and Natalie Good.
gary steven good
90%
natalie good
3%
lauren good
3%
philippa good
2%
samuel good
1%
benjamin good
1%
20:20 accountancy solutions ltd directors
20:20 Accountancy Solutions Ltd currently has 1 director, Mr Gary Good serving since Sep 2012.
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 20:20 accountancy solutions ltd.
20:20 accountancy solutions 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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20:20 accountancy solutions ltdCompanies House Filings - See Documents
