accountell limited
accountell limited Company Information
Group Structure
View All
Industry
Bookkeeping activities
+1Registered Address
44a marlands road, clayhall, essex, IG5 0JL
Website
accountax-financial.co.ukaccountell limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTELL LIMITED at £84.4k based on a Turnover of £145.6k and 0.58x industry multiple (adjusted for size and gross margin).
accountell limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTELL LIMITED at £0 based on an EBITDA of £-4.1k and a 3.35x industry multiple (adjusted for size and gross margin).
accountell limited Estimated Valuation
Pomanda estimates the enterprise value of ACCOUNTELL LIMITED at £17.7k based on Net Assets of £5.3k and 3.36x industry multiple (adjusted for liquidity).
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Accountell Limited Overview
Accountell Limited is a live company located in essex, IG5 0JL with a Companies House number of 08890952. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2014, it's largest shareholder is zahid tabbassum with a 100% stake. Accountell Limited is a established, micro sized company, Pomanda has estimated its turnover at £145.6k with rapid growth in recent years.
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Accountell Limited Health Check
Pomanda's financial health check has awarded Accountell Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £145.6k, make it in line with the average company (£146.2k)
- Accountell Limited
£146.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (5.8%)
- Accountell Limited
5.8% - Industry AVG
Production
with a gross margin of 38.5%, this company has a higher cost of product (79.6%)
- Accountell Limited
79.6% - Industry AVG
Profitability
an operating margin of -5.4% make it less profitable than the average company (8.3%)
- Accountell Limited
8.3% - Industry AVG
Employees
with 6 employees, this is above the industry average (2)
6 - Accountell Limited
2 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.9k)
- Accountell Limited
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £24.3k, this is less efficient (£63.9k)
- Accountell Limited
£63.9k - Industry AVG
Debtor Days
it gets paid by customers after 111 days, this is later than average (71 days)
- Accountell Limited
71 days - Industry AVG
Creditor Days
its suppliers are paid after 378 days, this is slower than average (16 days)
- Accountell Limited
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Accountell Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (42 weeks)
5 weeks - Accountell Limited
42 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (60.6%)
95.2% - Accountell Limited
60.6% - Industry AVG
ACCOUNTELL LIMITED financials
Accountell Limited's latest turnover from August 2023 is estimated at £145.6 thousand and the company has net assets of £5.3 thousand. According to their latest financial statements, Accountell Limited has 6 employees and maintains cash reserves of £10.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 4 | 4 | 3 | 3 | 3 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,365 | 7,330 | 4,772 | 2,300 | 2,393 | 1,232 | 1,494 | 713 | 892 |
| Intangible Assets | 49,185 | 49,185 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 54,550 | 56,515 | 4,772 | 2,300 | 2,393 | 1,232 | 1,494 | 713 | 892 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 44,285 | 59,612 | 14,310 | 5,192 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 364 | 1,025 | 0 |
| Cash | 10,537 | 14,547 | 5,905 | 0 | 6,849 | 2,401 | 591 | 55 | 438 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 54,822 | 74,159 | 20,215 | 5,192 | 6,849 | 2,401 | 955 | 1,080 | 438 |
| total assets | 109,372 | 130,674 | 24,987 | 7,492 | 9,242 | 3,633 | 2,449 | 1,793 | 1,330 |
| Bank overdraft | 0 | 0 | 1,700 | 2,464 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 92,881 | 104,653 | 0 | 0 | 0 | 0 | 0 | 0 | 1,455 |
| Group/Directors Accounts | 0 | 0 | 87 | 0 | 0 | 955 | 482 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,933 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,229 | 13,485 | 4,973 | 2,716 | 5,092 | 558 | 742 | 0 | 0 |
| total current liabilities | 104,110 | 118,138 | 6,760 | 5,180 | 5,092 | 1,513 | 1,224 | 1,933 | 1,455 |
| loans | 0 | 0 | 15,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 15,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 104,110 | 118,138 | 21,890 | 5,180 | 5,092 | 1,513 | 1,224 | 1,933 | 1,455 |
| net assets | 5,262 | 12,536 | 3,097 | 2,312 | 4,150 | 2,120 | 1,225 | -140 | -125 |
| total shareholders funds | 5,262 | 12,536 | 3,097 | 2,312 | 4,150 | 2,120 | 1,225 | -140 | -125 |
| Aug 2023 | Aug 2022 | Aug 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,836 | 3,461 | 3,198 | 1,123 | 917 | 502 | 374 | 223 | 223 |
| Amortisation | 0 | 5,465 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -15,327 | 45,302 | 9,118 | 5,192 | 0 | -364 | -661 | 1,025 | 0 |
| Creditors | -11,772 | 104,653 | 0 | 0 | 0 | 0 | 0 | -1,455 | 1,455 |
| Accruals and Deferred Income | -2,256 | 8,512 | 2,257 | -2,376 | 4,534 | -184 | 742 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -87 | 87 | 0 | -955 | 473 | 482 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | -1,933 | 1,933 | 0 |
| Long term loans | 0 | -15,130 | 15,130 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -4,010 | 8,642 | 5,905 | -6,849 | 4,448 | 1,810 | 536 | -383 | 438 |
| overdraft | 0 | -1,700 | -764 | 2,464 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,010 | 10,342 | 6,669 | -9,313 | 4,448 | 1,810 | 536 | -383 | 438 |
accountell limited Credit Report and Business Information
Accountell Limited Competitor Analysis
Perform a competitor analysis for accountell limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG5 area or any other competitors across 12 key performance metrics.
accountell limited Ownership
ACCOUNTELL LIMITED group structure
Accountell Limited has no subsidiary companies.
Ultimate parent company
ACCOUNTELL LIMITED
08890952
accountell limited directors
Accountell Limited currently has 1 director, Mr Zahid Tabbassum serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zahid Tabbassum | United Kingdom | 52 years | Feb 2014 | - | Director |
P&L
August 2023turnover
145.6k
+12%
operating profit
-7.9k
0%
gross margin
38.5%
-15.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
5.3k
-0.58%
total assets
109.4k
-0.16%
cash
10.5k
-0.28%
net assets
Total assets minus all liabilities
accountell limited company details
company number
08890952
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
accountax financial limited (August 2021)
accountant
-
auditor
-
address
44a marlands road, clayhall, essex, IG5 0JL
Bank
HSBC BANK PLC
Legal Advisor
-
accountell 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 did not find charges/mortgages relating to accountell limited.
accountell 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.
Click to start generating capital raising & share issue transactions for ACCOUNTELL LIMITED. This can take several minutes, an email will notify you when this has completed.
accountell limited Companies House Filings - See Documents
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