reeves accounts limited

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reeves accounts limited Company Information

Share REEVES ACCOUNTS LIMITED

Company Number

08321204

Shareholders

allan anthony reeves

sarah anne white

Group Structure

View All

Industry

Bookkeeping activities

 

Registered Address

5th floor the grange, 100 high street, london, N14 6BN

Website

-

reeves accounts limited Estimated Valuation

£77.5k

Pomanda estimates the enterprise value of REEVES ACCOUNTS LIMITED at £77.5k based on a Turnover of £198.4k and 0.39x industry multiple (adjusted for size and gross margin).

reeves accounts limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REEVES ACCOUNTS LIMITED at £0 based on an EBITDA of £-13.1k and a 1.84x industry multiple (adjusted for size and gross margin).

reeves accounts limited Estimated Valuation

£321.7k

Pomanda estimates the enterprise value of REEVES ACCOUNTS LIMITED at £321.7k based on Net Assets of £87.2k and 3.69x industry multiple (adjusted for liquidity).

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Reeves Accounts Limited Overview

Reeves Accounts Limited is a live company located in london, N14 6BN with a Companies House number of 08321204. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in December 2012, it's largest shareholder is allan anthony reeves with a 50% stake. Reeves Accounts Limited is a established, micro sized company, Pomanda has estimated its turnover at £198.4k with high growth in recent years.

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Reeves Accounts Limited Health Check

Pomanda's financial health check has awarded Reeves Accounts Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £198.4k, make it larger than the average company (£89.5k)

£198.4k - Reeves Accounts Limited

£89.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (4.9%)

26% - Reeves Accounts Limited

4.9% - Industry AVG

production

Production

with a gross margin of 23%, this company has a higher cost of product (59.5%)

23% - Reeves Accounts Limited

59.5% - Industry AVG

profitability

Profitability

an operating margin of -6.6% make it less profitable than the average company (4.4%)

-6.6% - Reeves Accounts Limited

4.4% - Industry AVG

employees

Employees

with 3 employees, this is above the industry average (2)

3 - Reeves Accounts Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)

£17.9k - Reeves Accounts Limited

£17.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.1k, this is equally as efficient (£60.7k)

£66.1k - Reeves Accounts Limited

£60.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 144 days, this is later than average (66 days)

144 days - Reeves Accounts Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 77 days, this is slower than average (6 days)

77 days - Reeves Accounts Limited

6 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reeves Accounts Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reeves Accounts Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (70.2%)

41.8% - Reeves Accounts Limited

70.2% - Industry AVG

REEVES ACCOUNTS LIMITED financials

EXPORTms excel logo

Reeves Accounts Limited's latest turnover from December 2023 is estimated at £198.4 thousand and the company has net assets of £87.2 thousand. According to their latest financial statements, Reeves Accounts Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover198,381228,19596,32599,29975,744385,477177,493281,397233,772287,975221,607
Other Income Or Grants
Cost Of Sales152,838138,37359,23951,39532,093108,39259,837107,13376,575122,93694,943
Gross Profit45,54389,82337,08647,90443,651277,085117,656174,264157,196165,039126,664
Admin Expenses58,60189,35339,58530,407116,989227,68178,142145,943111,275149,585104,379
Operating Profit-13,058470-2,49917,497-73,33849,40439,51428,32145,92115,45422,285
Interest Payable
Interest Receivable2485227992251501840127
Pre-Tax Profit-13,058719-2,44717,523-73,23949,62839,66428,33945,96115,46622,292
Tax-137-3,329-9,429-7,536-5,668-9,192-3,248-5,127
Profit After Tax-13,058582-2,44714,194-73,23940,19932,12822,67136,76912,21817,165
Dividends Paid
Retained Profit-13,058582-2,44714,194-73,23940,19932,12822,67136,76912,21817,165
Employee Costs53,56848,49148,67148,45342,90388,59179,87176,37936,274110,94698,597
Number Of Employees33333533264
EBITDA*-13,0581,886-38525,434-73,33849,40458,83528,32147,16016,41922,393

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets70,94771,68972,68860,72042,99158,81835,65556,6744,2392,8952,492
Intangible Assets5,07510,28332,43337,37537,382
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets70,94771,68972,68865,79553,27458,81868,08856,67441,61440,2772,492
Stock & work in progress
Trade Debtors78,764121,79854,75954,36427,620142,61452,65670,67558,23462,87251,182
Group Debtors
Misc Debtors10,6126,62820,595
Cash14,19727,21326,43159,96114,0891,9742,814
misc current assets3,201
total current assets78,764121,79879,56888,20574,646142,614112,61773,87672,32364,84653,996
total assets149,711193,487152,256154,000127,920201,432180,705130,550113,937105,12356,488
Bank overdraft
Bank loan
Trade Creditors 32,27756,24910,0258,72416,07240,28258,92435,57836,64169,69939,223
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities42,47343,07123,837
total current liabilities32,27756,24952,49851,79539,90940,28258,92435,57836,64169,69939,223
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities30,25236,9987306,04911,0445,941
provisions
total long term liabilities30,25236,9987306,04911,0445,941
total liabilities62,52993,24752,49851,79539,90940,28259,65441,62747,68575,64039,223
net assets87,182100,24099,758102,20588,011161,150121,05188,92366,25229,48317,265
total shareholders funds87,182100,24099,758102,20588,011161,150121,05188,92366,25229,48317,265
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-13,058470-2,49917,497-73,33849,40439,51428,32145,92115,45422,285
Depreciation1,4162,1142,7292,2461,239965108
Amortisation5,20817,075
Tax-137-3,329-9,429-7,536-5,668-9,192-3,248-5,127
Stock
Debtors-43,03456,4274,37912,777-94,39989,958-18,01912,441-4,63811,69051,182
Creditors-23,97246,2241,301-7,348-24,210-18,64223,346-1,063-33,05830,47639,223
Accruals and Deferred Income-42,473-59819,23423,837
Deferred Taxes & Provisions
Cash flow from operations6,004-50,927-4,06121,21420,688-68,62592,6649,1499,54831,9575,307
Investing Activities
capital expenditure742-417-9,007-20,4585,5449,270-30,735-15,060-2,576-38,750-2,600
Change in Investments
cash flow from investments742-417-9,007-20,4585,5449,270-30,735-15,060-2,576-38,750-2,600
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-6,74636,998-730-5,319-4,9955,1035,941
share issue-100100-100100
interest2485227992251501840127
cash flow from financing-6,74637,1465227199-605-5,169-4,9775,1435,953107
cash and cash equivalents
cash-14,197-13,01678226,431-59,96159,961-14,08912,115-8402,814
overdraft
change in cash-14,197-13,01678226,431-59,96159,961-14,08912,115-8402,814

reeves accounts limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reeves Accounts Limited Competitor Analysis

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Perform a competitor analysis for reeves accounts limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in N14 area or any other competitors across 12 key performance metrics.

reeves accounts limited Ownership

REEVES ACCOUNTS LIMITED group structure

Reeves Accounts Limited has 1 subsidiary company.

Ultimate parent company

REEVES ACCOUNTS LIMITED

08321204

1 subsidiary

REEVES ACCOUNTS LIMITED Shareholders

allan anthony reeves 50%
sarah anne white 50%

reeves accounts limited directors

Reeves Accounts Limited currently has 2 directors. The longest serving directors include Mr Allan Reeves (Dec 2012) and Mrs Sarah White (Apr 2019).

officercountryagestartendrole
Mr Allan ReevesUnited Kingdom55 years Dec 2012- Director
Mrs Sarah WhiteUnited Kingdom51 years Apr 2019- Director

P&L

December 2023

turnover

198.4k

-13%

operating profit

-13.1k

0%

gross margin

23%

-41.68%

turnover

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

Balance Sheet

December 2023

net assets

87.2k

-0.13%

total assets

149.7k

-0.23%

cash

0

0%

net assets

Total assets minus all liabilities

reeves accounts limited company details

company number

08321204

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

reeves accounts company limited (December 2013)

capitar holdings limited (March 2013)

accountant

-

auditor

-

address

5th floor the grange, 100 high street, london, N14 6BN

Bank

-

Legal Advisor

-

reeves accounts 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 found 1 charges/mortgages relating to reeves accounts limited. Currently there are 1 open charges and 0 have been satisfied in the past.

reeves accounts 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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reeves accounts limited Companies House Filings - See Documents

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