paifang accountants & tax advisors (uk) ltd

paifang accountants & tax advisors (uk) ltd Company Information

Share PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD
Live 
EstablishedMicroLow

Company Number

08979937

Industry

Tax consultancy

 

Accounting, and auditing activities

 

Shareholders

mr stephen john dudley hickson

Group Structure

View All

Contact

Registered Address

second floor office suite,, 4 chartfield house, taunton, somerset, TA1 4AS

paifang accountants & tax advisors (uk) ltd Estimated Valuation

£99.4k

Pomanda estimates the enterprise value of PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD at £99.4k based on a Turnover of £137.3k and 0.72x industry multiple (adjusted for size and gross margin).

paifang accountants & tax advisors (uk) ltd Estimated Valuation

£722

Pomanda estimates the enterprise value of PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD at £722 based on an EBITDA of £160 and a 4.52x industry multiple (adjusted for size and gross margin).

paifang accountants & tax advisors (uk) ltd Estimated Valuation

£50k

Pomanda estimates the enterprise value of PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD at £50k based on Net Assets of £14.1k and 3.55x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Paifang Accountants & Tax Advisors (uk) Ltd Overview

Paifang Accountants & Tax Advisors (uk) Ltd is a live company located in taunton, TA1 4AS with a Companies House number of 08979937. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2014, it's largest shareholder is mr stephen john dudley hickson with a 100% stake. Paifang Accountants & Tax Advisors (uk) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £137.3k with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Paifang Accountants & Tax Advisors (uk) Ltd Health Check

Pomanda's financial health check has awarded Paifang Accountants & Tax Advisors (Uk) Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £137.3k, make it smaller than the average company (£185.8k)

£137.3k - Paifang Accountants & Tax Advisors (uk) Ltd

£185.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.6%)

3% - Paifang Accountants & Tax Advisors (uk) Ltd

8.6% - Industry AVG

production

Production

with a gross margin of 47.4%, this company has a higher cost of product (88.5%)

47.4% - Paifang Accountants & Tax Advisors (uk) Ltd

88.5% - Industry AVG

profitability

Profitability

an operating margin of 0.1% make it less profitable than the average company (8.3%)

0.1% - Paifang Accountants & Tax Advisors (uk) Ltd

8.3% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (3)

4 - Paifang Accountants & Tax Advisors (uk) Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)

£41.8k - Paifang Accountants & Tax Advisors (uk) Ltd

£41.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £34.3k, this is less efficient (£83.5k)

£34.3k - Paifang Accountants & Tax Advisors (uk) Ltd

£83.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 160 days, this is later than average (84 days)

160 days - Paifang Accountants & Tax Advisors (uk) Ltd

84 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 198 days, this is slower than average (27 days)

198 days - Paifang Accountants & Tax Advisors (uk) Ltd

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Paifang Accountants & Tax Advisors (uk) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Paifang Accountants & Tax Advisors (uk) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.6%, this is a higher level of debt than the average (52.5%)

86.6% - Paifang Accountants & Tax Advisors (uk) Ltd

52.5% - Industry AVG

PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD financials

EXPORTms excel logo

Paifang Accountants & Tax Advisors (Uk) Ltd's latest turnover from March 2024 is estimated at £137.3 thousand and the company has net assets of £14.1 thousand. According to their latest financial statements, Paifang Accountants & Tax Advisors (Uk) Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Dec 2017Dec 2016Dec 2015Dec 2014
Turnover137,302154,606141,414126,530150,480186,772136,556171,807124,519123,852
Other Income Or Grants0000000000
Cost Of Sales72,25482,39077,96066,76870,62473,92461,80682,10367,57547,722
Gross Profit65,04872,21663,45359,76279,857112,84874,75089,70456,94476,130
Admin Expenses64,88869,97462,48164,56470,314102,44861,25498,43565,77460,101
Operating Profit1602,242972-4,8029,54310,40013,496-8,731-8,83016,029
Interest Payable0000000000
Interest Receivable0000000154
Pre-Tax Profit1602,242972-4,8029,54310,40013,496-8,730-8,82516,033
Tax-40-426-1850-1,813-1,976-2,56400-3,367
Profit After Tax1201,816787-4,8027,7308,42410,932-8,730-8,82512,666
Dividends Paid0000000000
Retained Profit1201,816787-4,8027,7308,42410,932-8,730-8,82512,666
Employee Costs167,362193,554157,817140,072178,890280,79370,73465,20037,72845,222
Number Of Employees4555672211
EBITDA*1602,242972-4,8029,54310,40013,496-8,731-5,43718,183

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets40,56541,62542,99244,50651,44844,64844,78346,82612,8378,887
Intangible Assets0000000036,63530,000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets40,56541,62542,99244,50651,44844,64844,78346,82649,47238,887
Stock & work in progress0000000000
Trade Debtors60,31761,99659,57460,34756,53765,82459,05555,34634,32228,833
Group Debtors0000000000
Misc Debtors4,05513,9742,5151,4586,3945,057007,2601,500
Cash000000006391,535
misc current assets0000007,8703,3271,3010
total current assets64,37275,97062,08961,80562,93170,88166,92558,67343,52231,868
total assets104,937117,595105,081106,311114,379115,529111,708105,49992,99470,755
Bank overdraft00000000012
Bank loan0000000000
Trade Creditors 39,22852,00646,30848,32451,59060,47059,03063,7538,9917,049
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000033,52511,026
total current liabilities39,22852,00646,30848,32451,59060,47059,03063,75342,51618,087
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities51,63451,63446,63446,63546,63546,63546,63546,63546,63540,000
provisions0000000000
total long term liabilities51,63451,63446,63446,63546,63546,63546,63546,63546,63540,000
total liabilities90,862103,64092,94294,95998,225107,105105,665110,38889,15158,087
net assets14,07513,95512,13911,35216,1548,4246,043-4,8893,84312,668
total shareholders funds14,07513,95512,13911,35216,1548,4246,043-4,8893,84312,668
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit1602,242972-4,8029,54310,40013,496-8,731-8,83016,029
Depreciation000000003,3932,154
Amortisation0000000000
Tax-40-426-1850-1,813-1,976-2,56400-3,367
Stock0000000000
Debtors-11,59813,881284-1,126-7,95070,8813,70913,76411,24930,333
Creditors-12,7785,698-2,016-3,266-8,88060,470-4,72354,7621,9427,049
Accruals and Deferred Income0000000-33,52522,49911,026
Deferred Taxes & Provisions0000000000
Cash flow from operations-1,060-6,367-1,513-6,9426,800-1,9872,500-1,2587,7552,558
Investing Activities
capital expenditure1,0601,3671,5146,942-6,800-44,6482,0432,646-13,978-41,041
Change in Investments0000000000
cash flow from investments1,0601,3671,5146,942-6,800-44,6482,0432,646-13,978-41,041
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities05,000-10046,635006,63540,000
share issue0000000-202
interest0000000154
cash flow from financing05,000-10046,6350-16,64040,006
cash and cash equivalents
cash0000000-639-8961,535
overdraft00000000-1212
change in cash0000000-639-8841,523

paifang accountants & tax advisors (uk) ltd 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 paifang accountants & tax advisors (uk) ltd. Get real-time insights into paifang accountants & tax advisors (uk) ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Paifang Accountants & Tax Advisors (uk) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for paifang accountants & tax advisors (uk) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.

paifang accountants & tax advisors (uk) ltd Ownership

PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD group structure

Paifang Accountants & Tax Advisors (Uk) Ltd has no subsidiary companies.

Ultimate parent company

PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD

08979937

PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD Shareholders

mr stephen john dudley hickson 100%

paifang accountants & tax advisors (uk) ltd directors

Paifang Accountants & Tax Advisors (Uk) Ltd currently has 1 director, Mr Stephen Hickson serving since May 2016.

officercountryagestartendrole
Mr Stephen HicksonEngland77 years May 2016- Director

P&L

March 2024

turnover

137.3k

-11%

operating profit

160

0%

gross margin

47.4%

+1.43%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

14.1k

+0.01%

total assets

104.9k

-0.11%

cash

0

0%

net assets

Total assets minus all liabilities

paifang accountants & tax advisors (uk) ltd company details

company number

08979937

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69201 - Accounting, and auditing activities

incorporation date

April 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

second floor office suite,, 4 chartfield house, taunton, somerset, TA1 4AS

Bank

-

Legal Advisor

-

paifang accountants & tax advisors (uk) 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 paifang accountants & tax advisors (uk) ltd.

paifang accountants & tax advisors (uk) ltd 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 PAIFANG ACCOUNTANTS & TAX ADVISORS (UK) LTD. This can take several minutes, an email will notify you when this has completed.

paifang accountants & tax advisors (uk) ltd Companies House Filings - See Documents

datedescriptionview/download