Pomanda estimates the enterprise value of GOODTOGO ACCOUNTANTS LIMITED at £34.4k based on a Turnover of £39.5k and 0.87x industry multiple (adjusted for size and gross margin).
goodtogo accountants limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of GOODTOGO ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-21k and a 5.75x industry multiple (adjusted for size and gross margin).
goodtogo accountants limitedEstimated Valuation
£32.1k
Pomanda estimates the enterprise value of GOODTOGO ACCOUNTANTS LIMITED at £32.1k based on Net Assets of £8.9k and 3.62x industry multiple (adjusted for liquidity).
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Goodtogo Accountants LimitedOverview
Goodtogo Accountants Limited is a dissolved company that was located in london, SE15 2RX with a Companies House number of 08471152. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2013, it's largest shareholder was
kemetia myers
with a 100% stake. The last turnover for Goodtogo Accountants Limited was estimated at £39.5k.
Pomanda's financial health check has awarded Goodtogo Accountants Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £51.4k, make it smaller than the average company (£120.1k)
£51.4k - Goodtogo Accountants Limited
£120.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4%)
21% - Goodtogo Accountants Limited
4% - Industry AVG
Production
with a gross margin of 93.1%, this company has a comparable cost of product (93.1%)
93.1% - Goodtogo Accountants Limited
93.1% - Industry AVG
Profitability
an operating margin of -27% make it less profitable than the average company (17.6%)
-27% - Goodtogo Accountants Limited
17.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Goodtogo Accountants Limited
3 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)
£29.9k - Goodtogo Accountants Limited
£29.9k - Industry AVG
Efficiency
resulting in sales per employee of £25.7k, this is less efficient (£67.5k)
£25.7k - Goodtogo Accountants Limited
£67.5k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (90 days)
31 days - Goodtogo Accountants Limited
90 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (22 days)
18 days - Goodtogo Accountants Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Goodtogo Accountants Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 69 weeks, this is more cash available to meet short term requirements (28 weeks)
69 weeks - Goodtogo Accountants Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.7%, this is a lower level of debt than the average (46.9%)
25.7% - Goodtogo Accountants Limited
46.9% - Industry AVG
GOODTOGO ACCOUNTANTS LIMITED financials
EXPORT
Goodtogo Accountants Limited's latest turnover from July 2020 is estimated at £39.5 thousand and the company has net assets of £8.9 thousand. According to their latest financial statements, Goodtogo Accountants Limited has 2 employees and maintains cash reserves of £8.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
39,505
51,364
45,139
54,768
29,198
27,541
3,131
7,605
Other Income Or Grants
Cost Of Sales
7,607
3,539
1,450
6,329
3,131
2,323
219
338
Gross Profit
31,897
47,825
43,689
48,438
26,067
25,218
2,912
7,268
Admin Expenses
56,826
61,711
40,524
35,669
12,976
16,371
289
5,998
Operating Profit
-24,929
-13,886
3,165
12,769
13,091
8,847
2,623
1,270
Interest Payable
Interest Receivable
14
14
128
68
16
4
4
2
Pre-Tax Profit
-24,915
-13,872
3,294
12,837
13,108
8,851
2,627
1,273
Tax
-626
-2,439
-2,621
-1,770
-552
-293
Profit After Tax
-24,915
-13,872
2,668
10,398
10,486
7,081
2,075
980
Dividends Paid
Retained Profit
-24,915
-13,872
2,668
10,398
10,486
7,081
2,075
980
Employee Costs
51,235
59,752
80,443
74,022
34,298
35,221
33,951
40,556
Number Of Employees
2
2
2
2
1
1
1
1
EBITDA*
-21,045
-9,907
7,264
16,369
16,716
9,062
6,472
5,153
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
1,540
1,924
2,403
407
507
438
762
1,111
Intangible Assets
7,000
10,500
14,000
17,500
21,000
24,500
28,000
31,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,540
12,424
16,403
17,907
21,507
24,938
28,762
32,611
Stock & work in progress
Trade Debtors
275
4,366
350
3,822
1,613
1,158
422
892
Group Debtors
Misc Debtors
874
650
592
559
1,328
Cash
8,174
9,133
19,030
15,199
12,169
901
607
941
misc current assets
total current assets
8,449
14,373
20,030
19,613
14,341
3,387
1,029
1,833
total assets
16,989
26,797
36,433
37,520
35,848
28,325
29,791
34,444
Bank overdraft
Bank loan
Trade Creditors
5
184
34
57
7
1,741
385
33,364
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
8,111
6,697
2,611
6,343
15,119
16,348
26,251
total current liabilities
8,116
6,881
2,645
6,400
15,126
18,089
26,636
33,364
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
8,116
6,881
2,645
6,400
15,126
18,089
26,636
33,364
net assets
8,873
19,916
33,788
31,120
20,722
10,236
3,155
1,080
total shareholders funds
8,873
19,916
33,788
31,120
20,722
10,236
3,155
1,080
Jul 2020
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
-24,929
-13,886
3,165
12,769
13,091
8,847
2,623
1,270
Depreciation
384
479
599
100
125
215
349
383
Amortisation
3,500
3,500
3,500
3,500
3,500
3,500
3,500
Tax
-626
-2,439
-2,621
-1,770
-552
-293
Stock
Debtors
-725
4,240
-3,414
2,242
-314
2,064
-470
892
Creditors
-29
150
-23
50
-1,734
1,356
-32,979
33,364
Accruals and Deferred Income
5,500
4,086
-3,732
-8,776
-1,229
-9,903
26,251
Deferred Taxes & Provisions
Cash flow from operations
-14,849
-9,911
6,297
2,962
11,446
-3,319
-338
37,332
Investing Activities
capital expenditure
3,979
-2,595
-194
3,609
-36,494
Change in Investments
cash flow from investments
3,979
-2,595
-194
3,609
-36,494
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
14
14
128
68
16
4
4
2
cash flow from financing
14
14
128
68
16
4
4
102
cash and cash equivalents
cash
-10,856
-9,897
3,831
3,030
11,268
294
-334
941
overdraft
change in cash
-10,856
-9,897
3,831
3,030
11,268
294
-334
941
goodtogo accountants 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 goodtogo accountants limited. Get real-time insights into goodtogo accountants limited's credit score, group structure and payment trends.
Perform a competitor analysis for goodtogo accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SE15 area or any other competitors across 12 key performance metrics.
goodtogo accountants limited Ownership
GOODTOGO ACCOUNTANTS LIMITED group structure
Goodtogo Accountants Limited has no subsidiary companies.
Ultimate parent company
GOODTOGO ACCOUNTANTS LIMITED
08471152
GOODTOGO ACCOUNTANTS LIMITED Shareholders
The sole shareholder of Goodtogo Accountants Limited is Kemetia Myers.
kemetia myers
100%
goodtogo accountants limited directors
Goodtogo Accountants Limited currently has 2 directors.
The longest serving directors include
Mr Antonio Myers (Apr 2013) and
Mrs Kemetia Myers (Mar 2020).
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 goodtogo accountants limited.
goodtogo accountants limited Capital Raised & Share Issues BETA
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goodtogo accountants limitedCompanies House Filings - See Documents
