sapphire accounting limited Company Information
Company Number
08612257
Website
www.sapphireaccounting.co.ukRegistered Address
bramhall house ack lane east, bramhall, stockport, SK7 2BY
Industry
Bookkeeping activities
Telephone
01625539997
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ciessem investments limited 100%
sapphire accounting limited Estimated Valuation
Pomanda estimates the enterprise value of SAPPHIRE ACCOUNTING LIMITED at £1.2m based on a Turnover of £1.1m and 1.07x industry multiple (adjusted for size and gross margin).
sapphire accounting limited Estimated Valuation
Pomanda estimates the enterprise value of SAPPHIRE ACCOUNTING LIMITED at £1.3m based on an EBITDA of £264.7k and a 4.9x industry multiple (adjusted for size and gross margin).
sapphire accounting limited Estimated Valuation
Pomanda estimates the enterprise value of SAPPHIRE ACCOUNTING LIMITED at £45k based on Net Assets of £500.2k and 0.09x industry multiple (adjusted for liquidity).
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Sapphire Accounting Limited Overview
Sapphire Accounting Limited is a live company located in stockport, SK7 2BY with a Companies House number of 08612257. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in July 2013, it's largest shareholder is ciessem investments limited with a 100% stake. Sapphire Accounting Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with high growth in recent years.
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Sapphire Accounting Limited Health Check
Pomanda's financial health check has awarded Sapphire Accounting Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
6 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £1.1m, make it larger than the average company (£80.1k)
- Sapphire Accounting Limited
£80.1k - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (5.5%)
- Sapphire Accounting Limited
5.5% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 71.3%, this company has a comparable cost of product (71.3%)
- Sapphire Accounting Limited
71.3% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 14.8% make it more profitable than the average company (7.8%)
- Sapphire Accounting Limited
7.8% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 58 employees, this is above the industry average (2)
58 - Sapphire Accounting Limited
2 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £15.4k, the company has an equivalent pay structure (£15.4k)
- Sapphire Accounting Limited
£15.4k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £18.6k, this is less efficient (£42.2k)
- Sapphire Accounting Limited
£42.2k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (59 days)
- Sapphire Accounting Limited
59 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 306 days, this is slower than average (18 days)
- Sapphire Accounting Limited
18 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sapphire Accounting Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 25 weeks, this is less cash available to meet short term requirements (45 weeks)
25 weeks - Sapphire Accounting Limited
45 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (69%)
95.6% - Sapphire Accounting Limited
69% - Industry AVG
SAPPHIRE ACCOUNTING LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Sapphire Accounting Limited's latest turnover from September 2023 is estimated at £1.1 million and the company has net assets of £500.2 thousand. According to their latest financial statements, Sapphire Accounting Limited has 58 employees and maintains cash reserves of £5.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Sep 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 | 58 | 48 | 36 | 33 | 30 | 22 | 19 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Sep 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 297,889 | 347,345 | 371,917 | 54,081 | 36,322 | 30,194 | 16,320 | 25,757 | 15,106 | 4,997 |
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 | 297,889 | 347,345 | 371,917 | 54,081 | 36,322 | 30,194 | 16,320 | 25,757 | 15,106 | 4,997 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 92,974 | 85,036 | 137,330 | 33,087 | 45,426 | 114,513 | 56,435 | 67,603 | 432,525 | 121,564 |
Group Debtors | 5,458,411 | 0 | 0 | 0 | 101,090 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 355,545 | 82,875 | 113,459 | 102,269 | 163,460 | 715,012 | 391,720 | 0 | 0 | 0 |
Cash | 5,269,726 | 5,146,099 | 3,084,298 | 2,693,004 | 210,814 | 167,787 | 475,470 | 542,412 | 226,754 | 130,004 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 11,176,656 | 5,314,010 | 3,335,087 | 2,828,360 | 520,790 | 997,312 | 923,625 | 610,015 | 659,279 | 251,568 |
total assets | 11,474,545 | 5,661,355 | 3,707,004 | 2,882,441 | 557,112 | 1,027,506 | 939,945 | 635,772 | 674,385 | 256,565 |
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 | 259,648 | 102,621 | 79,838 | 48,941 | 41,685 | 669,986 | 628,013 | 551,848 | 587,248 | 241,139 |
Group/Directors Accounts | 9,545,778 | 4,058,794 | 2,177,772 | 2,044,287 | 0 | 0 | 0 | 1,052 | 60,414 | 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 | 1,094,482 | 1,204,151 | 733,277 | 277,626 | 216,289 | 98,573 | 98,532 | 0 | 0 | 0 |
total current liabilities | 10,899,908 | 5,365,566 | 2,990,887 | 2,370,854 | 257,974 | 768,559 | 726,545 | 552,900 | 647,662 | 241,139 |
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 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 74,472 | 86,836 | 92,979 | 10,275 | 6,175 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 74,472 | 86,836 | 92,979 | 10,275 | 6,175 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 10,974,380 | 5,452,402 | 3,083,866 | 2,381,129 | 264,149 | 768,559 | 726,545 | 552,900 | 647,662 | 241,139 |
net assets | 500,165 | 208,953 | 623,138 | 501,312 | 292,963 | 258,947 | 213,400 | 82,872 | 26,723 | 15,426 |
total shareholders funds | 500,165 | 208,953 | 623,138 | 501,312 | 292,963 | 258,947 | 213,400 | 82,872 | 26,723 | 15,426 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Oct 2015 | Sep 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 104,556 | 100,235 | 25,411 | 18,921 | 17,845 | 0 | 9,249 | 4,879 | 1,064 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 5,739,019 | -82,878 | 115,433 | -174,620 | -519,549 | 381,370 | 380,552 | -364,922 | 310,961 | 121,564 |
Creditors | 157,027 | 22,783 | 30,897 | 7,256 | -628,301 | 41,973 | 76,165 | -35,400 | 346,109 | 241,139 |
Accruals and Deferred Income | -109,669 | 470,874 | 455,651 | 61,337 | 117,716 | 41 | 98,532 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -12,364 | -6,143 | 82,704 | 4,100 | 6,175 | 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 | 5,486,984 | 1,881,022 | 133,485 | 2,044,287 | 0 | 0 | -1,052 | -59,362 | 60,414 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 123,627 | 2,061,801 | 391,294 | 2,482,190 | 43,027 | -307,683 | -66,942 | 315,658 | 96,750 | 130,004 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 123,627 | 2,061,801 | 391,294 | 2,482,190 | 43,027 | -307,683 | -66,942 | 315,658 | 96,750 | 130,004 |
sapphire accounting limited Credit Report and Business Information
Sapphire Accounting Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for sapphire accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SK7 area or any other competitors across 12 key performance metrics.
sapphire accounting limited Ownership
SAPPHIRE ACCOUNTING LIMITED group structure
Sapphire Accounting Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
SAPPHIRE ACCOUNTING LIMITED
08612257
2 subsidiaries
sapphire accounting limited directors
Sapphire Accounting Limited currently has 2 directors. The longest serving directors include Mr Mark Connor (Sep 2016) and Mr Anthony Stevens (May 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Mark Connor | England | 33 years | Sep 2016 | - | Director |
Mr Anthony Stevens | England | 38 years | May 2017 | - | Director |
P&L
September 2023turnover
1.1m
+25%
operating profit
160.2k
0%
gross margin
71.4%
-0.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
500.2k
+1.39%
total assets
11.5m
+1.03%
cash
5.3m
+0.02%
net assets
Total assets minus all liabilities
sapphire accounting limited company details
company number
08612257
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
July 2013
age
11
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
sapphire accounting solutions limited (April 2016)
last accounts submitted
September 2023
address
bramhall house ack lane east, bramhall, stockport, SK7 2BY
accountant
BEEVER & STRUTHERS
auditor
-
sapphire accounting 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 3 charges/mortgages relating to sapphire accounting limited. Currently there are 1 open charges and 2 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
sapphire accounting limited Companies House Filings - See Documents
date | description | view/download |
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