paifang accountants & tax advisors (uk) ltd Company Information
Company Number
08979937
Next Accounts
Dec 2025
Industry
Tax consultancy
Accounting, and auditing activities
Directors
Shareholders
mr stephen john dudley hickson
Group Structure
View All
Contact
Registered Address
second floor office suite,, 4 chartfield house, taunton, somerset, TA1 4AS
Website
www.paifang.co.ukpaifang accountants & tax advisors (uk) ltd Estimated Valuation
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
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
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).
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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.
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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
1 Strong
2 Regular
7 Weak
Size
annual sales of £137.3k, make it smaller than the average company (£185.8k)
- Paifang Accountants & Tax Advisors (uk) Ltd
£185.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (8.6%)
- Paifang Accountants & Tax Advisors (uk) Ltd
8.6% - Industry AVG
Production
with a gross margin of 47.4%, this company has a higher cost of product (88.5%)
- Paifang Accountants & Tax Advisors (uk) Ltd
88.5% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (8.3%)
- Paifang Accountants & Tax Advisors (uk) Ltd
8.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (3)
4 - Paifang Accountants & Tax Advisors (uk) Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Paifang Accountants & Tax Advisors (uk) Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £34.3k, this is less efficient (£83.5k)
- Paifang Accountants & Tax Advisors (uk) Ltd
£83.5k - Industry AVG
Debtor Days
it gets paid by customers after 160 days, this is later than average (84 days)
- Paifang Accountants & Tax Advisors (uk) Ltd
84 days - Industry AVG
Creditor Days
its suppliers are paid after 198 days, this is slower than average (27 days)
- Paifang Accountants & Tax Advisors (uk) Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Paifang Accountants & Tax Advisors (uk) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Paifang Accountants & Tax Advisors (uk) Ltd
- - Industry AVG
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
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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 | 4 | 5 | 5 | 5 | 6 | 7 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 40,565 | 41,625 | 42,992 | 44,506 | 51,448 | 44,648 | 44,783 | 46,826 | 12,837 | 8,887 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,635 | 30,000 |
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 | 40,565 | 41,625 | 42,992 | 44,506 | 51,448 | 44,648 | 44,783 | 46,826 | 49,472 | 38,887 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 60,317 | 61,996 | 59,574 | 60,347 | 56,537 | 65,824 | 59,055 | 55,346 | 34,322 | 28,833 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 4,055 | 13,974 | 2,515 | 1,458 | 6,394 | 5,057 | 0 | 0 | 7,260 | 1,500 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 639 | 1,535 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 7,870 | 3,327 | 1,301 | 0 |
total current assets | 64,372 | 75,970 | 62,089 | 61,805 | 62,931 | 70,881 | 66,925 | 58,673 | 43,522 | 31,868 |
total assets | 104,937 | 117,595 | 105,081 | 106,311 | 114,379 | 115,529 | 111,708 | 105,499 | 92,994 | 70,755 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 39,228 | 52,006 | 46,308 | 48,324 | 51,590 | 60,470 | 59,030 | 63,753 | 8,991 | 7,049 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,525 | 11,026 |
total current liabilities | 39,228 | 52,006 | 46,308 | 48,324 | 51,590 | 60,470 | 59,030 | 63,753 | 42,516 | 18,087 |
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 | 51,634 | 51,634 | 46,634 | 46,635 | 46,635 | 46,635 | 46,635 | 46,635 | 46,635 | 40,000 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 51,634 | 51,634 | 46,634 | 46,635 | 46,635 | 46,635 | 46,635 | 46,635 | 46,635 | 40,000 |
total liabilities | 90,862 | 103,640 | 92,942 | 94,959 | 98,225 | 107,105 | 105,665 | 110,388 | 89,151 | 58,087 |
net assets | 14,075 | 13,955 | 12,139 | 11,352 | 16,154 | 8,424 | 6,043 | -4,889 | 3,843 | 12,668 |
total shareholders funds | 14,075 | 13,955 | 12,139 | 11,352 | 16,154 | 8,424 | 6,043 | -4,889 | 3,843 | 12,668 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 3,393 | 2,154 | ||||||||
Amortisation | 0 | 0 | ||||||||
Tax | ||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -11,598 | 13,881 | 284 | -1,126 | -7,950 | 70,881 | 3,709 | 13,764 | 11,249 | 30,333 |
Creditors | -12,778 | 5,698 | -2,016 | -3,266 | -8,880 | 60,470 | -4,723 | 54,762 | 1,942 | 7,049 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,525 | 22,499 | 11,026 |
Deferred Taxes & Provisions | 0 | 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 | 0 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 5,000 | -1 | 0 | 0 | 46,635 | 0 | 0 | 6,635 | 40,000 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -639 | -896 | 1,535 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12 | 12 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -639 | -884 | 1,523 |
paifang accountants & tax advisors (uk) ltd Credit Report and Business Information
Paifang Accountants & Tax Advisors (uk) Ltd Competitor Analysis
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 directors
Paifang Accountants & Tax Advisors (Uk) Ltd currently has 1 director, Mr Stephen Hickson serving since May 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Hickson | England | 77 years | May 2016 | - | Director |
P&L
March 2024turnover
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 2024net 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
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.
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paifang accountants & tax advisors (uk) ltd Companies House Filings - See Documents
date | description | view/download |
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