wally accountancy services ltd
wally accountancy services ltd Company Information
Company Number
08585539
Website
-Registered Address
church lane chambers, 11-12 church lane chambers, leytonestone, london, E11 1HG
Industry
Bookkeeping activities
Tax consultancy
Telephone
-
Next Accounts Due
574 days late
Group Structure
View All
Directors
Walter Mugisha11 Years
Shareholders
walter mugisha 100%
wally accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of WALLY ACCOUNTANCY SERVICES LTD at £45.8k based on a Turnover of £54.8k and 0.84x industry multiple (adjusted for size and gross margin).
wally accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of WALLY ACCOUNTANCY SERVICES LTD at £42.1k based on an EBITDA of £11.9k and a 3.54x industry multiple (adjusted for size and gross margin).
wally accountancy services ltd Estimated Valuation
Pomanda estimates the enterprise value of WALLY ACCOUNTANCY SERVICES LTD at £71.5k based on Net Assets of £19.1k and 3.74x industry multiple (adjusted for liquidity).
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Wally Accountancy Services Ltd Overview
Wally Accountancy Services Ltd is a live company located in leytonestone, E11 1HG with a Companies House number of 08585539. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in June 2013, it's largest shareholder is walter mugisha with a 100% stake. Wally Accountancy Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £54.8k with high growth in recent years.
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Wally Accountancy Services Ltd Health Check
Pomanda's financial health check has awarded Wally Accountancy Services Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £54.8k, make it smaller than the average company (£110.1k)
- Wally Accountancy Services Ltd
£110.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (2.3%)
- Wally Accountancy Services Ltd
2.3% - Industry AVG
Production
with a gross margin of 37%, this company has a higher cost of product (83.7%)
- Wally Accountancy Services Ltd
83.7% - Industry AVG
Profitability
an operating margin of 21.7% make it more profitable than the average company (14.5%)
- Wally Accountancy Services Ltd
14.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Wally Accountancy Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £22.5k, the company has an equivalent pay structure (£22.5k)
- Wally Accountancy Services Ltd
£22.5k - Industry AVG
Efficiency
resulting in sales per employee of £54.8k, this is equally as efficient (£52.4k)
- Wally Accountancy Services Ltd
£52.4k - Industry AVG
Debtor Days
it gets paid by customers after 311 days, this is later than average (102 days)
- Wally Accountancy Services Ltd
102 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is slower than average (22 days)
- Wally Accountancy Services Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wally Accountancy Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wally Accountancy Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.1%, this is a similar level of debt than the average (57.4%)
59.1% - Wally Accountancy Services Ltd
57.4% - Industry AVG
WALLY ACCOUNTANCY SERVICES LTD financials
Wally Accountancy Services Ltd's latest turnover from June 2021 is estimated at £54.8 thousand and the company has net assets of £19.1 thousand. According to their latest financial statements, Wally Accountancy Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,674 | 4,601 | 7,529 | 10,457 | 1,253 | 1,880 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 1,674 | 4,601 | 7,529 | 10,457 | 1,253 | 1,880 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 46,766 | 15,632 | 9,112 | 13,934 | 8,146 | 4,147 | 1,850 | 1,738 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 1,134 | 560 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 46,766 | 15,632 | 9,112 | 13,934 | 8,146 | 4,147 | 2,984 | 2,298 |
| total assets | 46,766 | 15,632 | 10,786 | 18,535 | 15,675 | 14,604 | 4,237 | 4,178 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,653 | 6,154 | 6,616 | 3,870 | 1,821 | 219 | 302 | 368 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,653 | 6,154 | 6,616 | 3,870 | 1,821 | 219 | 302 | 368 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,653 | 6,154 | 6,616 | 3,870 | 1,821 | 219 | 302 | 368 |
| net assets | 19,113 | 9,478 | 4,170 | 14,665 | 13,854 | 14,385 | 3,935 | 3,810 |
| total shareholders funds | 19,113 | 9,478 | 4,170 | 14,665 | 13,854 | 14,385 | 3,935 | 3,810 |
| Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 627 | 627 | |||||
| Amortisation | 0 | 0 | 0 | |||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 31,134 | 6,520 | -4,822 | 5,788 | 3,999 | 2,297 | 112 | 1,738 |
| Creditors | -3,501 | -462 | 2,746 | 2,049 | 1,602 | -83 | -66 | 368 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -1,134 | 574 | 560 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -1,134 | 574 | 560 |
wally accountancy services ltd Credit Report and Business Information
Wally Accountancy Services Ltd Competitor Analysis
Perform a competitor analysis for wally accountancy services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
wally accountancy services ltd Ownership
WALLY ACCOUNTANCY SERVICES LTD group structure
Wally Accountancy Services Ltd has no subsidiary companies.
Ultimate parent company
WALLY ACCOUNTANCY SERVICES LTD
08585539
wally accountancy services ltd directors
Wally Accountancy Services Ltd currently has 1 director, Mr Walter Mugisha serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Walter Mugisha | United Kingdom | 49 years | Jun 2013 | - | Director |
P&L
June 2021turnover
54.8k
+93%
operating profit
11.9k
0%
gross margin
37%
-29.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2021net assets
19.1k
+1.02%
total assets
46.8k
+1.99%
cash
0
0%
net assets
Total assets minus all liabilities
wally accountancy services ltd company details
company number
08585539
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69203 - Tax consultancy
incorporation date
June 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2021
previous names
N/A
accountant
-
auditor
-
address
church lane chambers, 11-12 church lane chambers, leytonestone, london, E11 1HG
Bank
-
Legal Advisor
-
wally accountancy services 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 wally accountancy services ltd.
wally accountancy services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
