smart accountants (online) ltd
smart accountants (online) ltd Company Information
Company Number
08425478
Website
www.smart-accountants.netRegistered Address
114-116 manningham lane, 2nd floor, bradford, BD8 7JF
Industry
Bookkeeping activities
Telephone
01274911091
Next Accounts Due
December 2024
Group Structure
View All
Directors
Matakin Ali11 Years
Shareholders
matakin ali 100%
smart accountants (online) ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART ACCOUNTANTS (ONLINE) LTD at £49.7k based on a Turnover of £67.7k and 0.73x industry multiple (adjusted for size and gross margin).
smart accountants (online) ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART ACCOUNTANTS (ONLINE) LTD at £613 based on an EBITDA of £188 and a 3.25x industry multiple (adjusted for size and gross margin).
smart accountants (online) ltd Estimated Valuation
Pomanda estimates the enterprise value of SMART ACCOUNTANTS (ONLINE) LTD at £0 based on Net Assets of £-43.4k and 4.37x industry multiple (adjusted for liquidity).
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Smart Accountants (online) Ltd Overview
Smart Accountants (online) Ltd is a live company located in bradford, BD8 7JF with a Companies House number of 08425478. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in March 2013, it's largest shareholder is matakin ali with a 100% stake. Smart Accountants (online) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £67.7k with rapid growth in recent years.
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Smart Accountants (online) Ltd Health Check
Pomanda's financial health check has awarded Smart Accountants (Online) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £67.7k, make it in line with the average company (£83.2k)
- Smart Accountants (online) Ltd
£83.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 52%, show it is growing at a faster rate (4.7%)
- Smart Accountants (online) Ltd
4.7% - Industry AVG
Production
with a gross margin of 37.6%, this company has a higher cost of product (74.4%)
- Smart Accountants (online) Ltd
74.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (8%)
- Smart Accountants (online) Ltd
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Smart Accountants (online) Ltd
2 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Smart Accountants (online) Ltd
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £67.7k, this is more efficient (£41.7k)
- Smart Accountants (online) Ltd
£41.7k - Industry AVG
Debtor Days
it gets paid by customers after 187 days, this is later than average (81 days)
- Smart Accountants (online) Ltd
81 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Smart Accountants (online) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Smart Accountants (online) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Smart Accountants (online) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 224.3%, this is a higher level of debt than the average (69%)
224.3% - Smart Accountants (online) Ltd
69% - Industry AVG
SMART ACCOUNTANTS (ONLINE) LTD financials
Smart Accountants (Online) Ltd's latest turnover from March 2023 is estimated at £67.7 thousand and the company has net assets of -£43.4 thousand. According to their latest financial statements, Smart Accountants (Online) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 19,861 | 18,898 | 19,210 | 26,895 | 22,764 | 16,515 | 4,400 | 16,879 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | -1,225 | -3,114 | -3,360 | 1,805 | 76 | 439 | -4,638 | -11,893 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | -1,225 | -3,114 | -3,360 | 1,805 | 76 | 439 | -4,638 | -11,893 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | -1,225 | -3,114 | -3,360 | 1,805 | 76 | 439 | -4,638 | -11,893 | ||
| Employee Costs | 8,079 | 7,254 | 7,592 | 9,506 | 6,538 | 2,184 | 8,617 | 27,948 | ||
| Number Of Employees | 1 | 1 | 1 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 101 | 101 | 134 | 168 | 210 | 262 | 328 | 643 | 980 | 1,575 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 101 | 101 | 134 | 168 | 210 | 262 | 328 | 643 | 980 | 1,575 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,791 | 12,768 | 21,909 | 25,119 | 19,687 | 9,909 | 7,909 | 550 | 3,525 | 1,550 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,363 | 0 | 23,624 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 87 | 0 | 0 | 6 | 0 |
| total current assets | 34,791 | 12,768 | 21,909 | 25,119 | 19,687 | 9,996 | 7,909 | 6,913 | 3,531 | 25,174 |
| total assets | 34,892 | 12,869 | 22,043 | 25,287 | 19,897 | 10,258 | 8,237 | 7,556 | 4,511 | 26,749 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 605 | 62,976 | 53,981 | 46,148 | 0 | 0 | 0 | 227 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 605 | 62,976 | 53,981 | 46,148 | 0 | 0 | 0 | 227 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 143 | 9 | 0 | 0 |
| other liabilities | 78,264 | 56,394 | 62,932 | 0 | 0 | 0 | 44,203 | 43,953 | 36,277 | 45,300 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 78,264 | 56,394 | 62,932 | 0 | 0 | 0 | 44,346 | 43,962 | 36,277 | 45,300 |
| total liabilities | 78,264 | 56,394 | 63,537 | 62,976 | 53,981 | 46,148 | 44,346 | 43,962 | 36,277 | 45,527 |
| net assets | -43,372 | -43,525 | -41,494 | -37,689 | -34,084 | -35,890 | -36,109 | -36,406 | -31,766 | -18,778 |
| total shareholders funds | -43,372 | -43,525 | -41,494 | -37,689 | -34,084 | -35,890 | -36,109 | -36,406 | -31,766 | -18,778 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 34 | 34 | 42 | 52 | 127 | 316 | 336 | 595 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 22,023 | -9,141 | -3,210 | 5,432 | 9,778 | 2,000 | 7,359 | -2,975 | 1,975 | 1,550 |
| Creditors | 0 | -605 | -62,371 | 8,995 | 7,833 | 46,148 | 0 | 0 | -227 | 227 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -143 | 134 | 9 | 0 | 0 |
| Deferred Taxes & Provisions | 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 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 21,870 | -6,538 | 62,932 | 0 | 0 | -44,203 | 250 | 7,676 | -9,023 | 45,300 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | -7,344 | 62,241 | -245 | 1 | -44,060 | 108 | 7,674 | -10,118 | ||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,363 | 6,363 | -23,624 | 23,624 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,363 | 6,363 | -23,624 | 23,624 |
smart accountants (online) ltd Credit Report and Business Information
Smart Accountants (online) Ltd Competitor Analysis
Perform a competitor analysis for smart accountants (online) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BD8 area or any other competitors across 12 key performance metrics.
smart accountants (online) ltd Ownership
SMART ACCOUNTANTS (ONLINE) LTD group structure
Smart Accountants (Online) Ltd has no subsidiary companies.
Ultimate parent company
SMART ACCOUNTANTS (ONLINE) LTD
08425478
smart accountants (online) ltd directors
Smart Accountants (Online) Ltd currently has 1 director, Mr Matakin Ali serving since Mar 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matakin Ali | United Kingdom | 49 years | Mar 2013 | - | Director |
P&L
March 2023turnover
67.7k
+241%
operating profit
188.9
0%
gross margin
37.7%
+4.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-43.4k
0%
total assets
34.9k
+1.71%
cash
0
0%
net assets
Total assets minus all liabilities
smart accountants (online) ltd company details
company number
08425478
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
smart accountants (uk) ltd (March 2014)
accountant
-
auditor
-
address
114-116 manningham lane, 2nd floor, bradford, BD8 7JF
Bank
-
Legal Advisor
-
smart accountants (online) 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 smart accountants (online) ltd.
smart accountants (online) ltd Companies House Filings - See Documents
| date | description | view/download |
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