partner accountancy limited

partner accountancy limited Company Information

Share PARTNER ACCOUNTANCY LIMITED
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EstablishedMicroHealthy

Company Number

09023571

Industry

Accounting, and auditing activities

 

Shareholders

paul harrison

debra brady

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Group Structure

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Contact

Registered Address

the junction office 43, charles street, horbury, WF4 5FH

partner accountancy limited Estimated Valuation

£291.7k

Pomanda estimates the enterprise value of PARTNER ACCOUNTANCY LIMITED at £291.7k based on a Turnover of £402k and 0.73x industry multiple (adjusted for size and gross margin).

partner accountancy limited Estimated Valuation

£197.5k

Pomanda estimates the enterprise value of PARTNER ACCOUNTANCY LIMITED at £197.5k based on an EBITDA of £40.9k and a 4.83x industry multiple (adjusted for size and gross margin).

partner accountancy limited Estimated Valuation

£376.6k

Pomanda estimates the enterprise value of PARTNER ACCOUNTANCY LIMITED at £376.6k based on Net Assets of £125.3k and 3.01x industry multiple (adjusted for liquidity).

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Partner Accountancy Limited Overview

Partner Accountancy Limited is a live company located in horbury, WF4 5FH with a Companies House number of 09023571. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2014, it's largest shareholder is paul harrison with a 99% stake. Partner Accountancy Limited is a established, micro sized company, Pomanda has estimated its turnover at £402k with healthy growth in recent years.

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Partner Accountancy Limited Health Check

Pomanda's financial health check has awarded Partner Accountancy Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £402k, make it larger than the average company (£182.2k)

£402k - Partner Accountancy Limited

£182.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.2%)

13% - Partner Accountancy Limited

8.2% - Industry AVG

production

Production

with a gross margin of 52.5%, this company has a higher cost of product (96.1%)

52.5% - Partner Accountancy Limited

96.1% - Industry AVG

profitability

Profitability

an operating margin of 8.5% make it as profitable than the average company (9.9%)

8.5% - Partner Accountancy Limited

9.9% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (3)

6 - Partner Accountancy Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)

£34.8k - Partner Accountancy Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67k, this is equally as efficient (£78.6k)

£67k - Partner Accountancy Limited

£78.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 202 days, this is later than average (77 days)

202 days - Partner Accountancy Limited

77 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 356 days, this is slower than average (26 days)

356 days - Partner Accountancy Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Partner Accountancy Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is less cash available to meet short term requirements (38 weeks)

30 weeks - Partner Accountancy Limited

38 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 63.7%, this is a higher level of debt than the average (50.5%)

63.7% - Partner Accountancy Limited

50.5% - Industry AVG

PARTNER ACCOUNTANCY LIMITED financials

EXPORTms excel logo

Partner Accountancy Limited's latest turnover from March 2024 is estimated at £402 thousand and the company has net assets of £125.3 thousand. According to their latest financial statements, Partner Accountancy Limited has 6 employees and maintains cash reserves of £108.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Turnover402,027330,995284,695279,021187,921113,14695,676233,53688,3620
Other Income Or Grants0000000000
Cost Of Sales191,046160,996138,036127,07382,75247,16035,46285,43740,6320
Gross Profit210,981169,999146,659151,947105,16965,98660,214148,10047,7300
Admin Expenses176,735162,387119,740146,858100,86650,48637,483126,83939,0600
Operating Profit34,2467,61226,9195,0894,30315,50022,73121,2618,6700
Interest Payable0000000000
Interest Receivable5,3863,128565767678326938750
Pre-Tax Profit39,63210,74127,4845,1644,37916,28323,00021,2998,7450
Tax-9,908-2,041-5,222-981-832-3,094-4,370-4,260-1,7490
Profit After Tax29,7248,70022,2624,1833,54713,18918,63017,0396,9960
Dividends Paid0000000000
Retained Profit29,7248,70022,2624,1833,54713,18918,63017,0396,9960
Employee Costs208,590198,562151,838105,605110,204131,66884,06586,45627,5890
Number Of Employees6654443310
EBITDA*40,92515,15433,4739,7188,71619,13925,09521,2619,7280

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Tangible Assets10,54112,15612,6252,7983,5971,8117273,0915,4790
Intangible Assets2,7193,0224,5105,9988,97411,7300000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets13,26015,17817,1358,79612,57113,5417273,0915,4790
Stock & work in progress0000000000
Trade Debtors222,586161,989154,796159,67986,76439,89236,804105,48828,2490
Group Debtors0000000000
Misc Debtors0000000000
Cash108,77896,39250,82099,81551,350101,169107,655030,1280
misc current assets00000001,67800
total current assets331,364258,381205,616259,494138,114141,061144,459107,16658,3770
total assets344,624273,559222,751268,290150,685154,602145,186110,25763,8560
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 186,747138,64889,639153,69690,27497,738102,41681,22256,7600
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities186,747138,64889,639153,69690,27497,738102,41681,22256,7600
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income00000005,00000
other liabilities32,59739,35546,25650,000000000
provisions0000000000
total long term liabilities32,59739,35546,25650,0000005,00000
total liabilities219,344178,003135,895203,69690,27497,738102,41686,22256,7600
net assets125,28095,55686,85664,59460,41156,86442,77024,0357,0960
total shareholders funds125,28095,55686,85664,59460,41156,86442,77024,0357,0960
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
Operating Activities
Operating Profit34,2467,61226,9195,0894,30315,50022,73121,2618,6700
Depreciation6,3766,0545,0661,6531,4377072,36401,0580
Amortisation3031,4881,4882,9762,9762,9320000
Tax-9,908-2,041-5,222-981-832-3,094-4,370-4,260-1,7490
Stock0000000000
Debtors60,5977,193-4,88372,91546,8723,088-68,68477,23928,2490
Creditors48,09949,009-64,05763,422-7,464-4,67821,19424,46256,7600
Accruals and Deferred Income000000-5,0005,00000
Deferred Taxes & Provisions0000000000
Cash flow from operations18,51954,929-30,923-756-46,4528,279105,603-30,77636,4900
Investing Activities
capital expenditure-4,761-5,585-14,893-854-3,443-16,45302,388-6,5370
Change in Investments0000000000
cash flow from investments-4,761-5,585-14,893-854-3,443-16,45302,388-6,5370
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities-6,758-6,901-3,74450,000000000
share issue00000905105-1001000
interest5,3863,128565767678326938750
cash flow from financing-1,372-3,773-3,17950,076761,688374-621750
cash and cash equivalents
cash12,38645,572-48,99548,465-49,819-6,486107,655-30,12830,1280
overdraft0000000000
change in cash12,38645,572-48,99548,465-49,819-6,486107,655-30,12830,1280

partner accountancy limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Partner Accountancy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for partner accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WF4 area or any other competitors across 12 key performance metrics.

partner accountancy limited Ownership

PARTNER ACCOUNTANCY LIMITED group structure

Partner Accountancy Limited has no subsidiary companies.

Ultimate parent company

PARTNER ACCOUNTANCY LIMITED

09023571

PARTNER ACCOUNTANCY LIMITED Shareholders

paul harrison 99.01%
debra brady 0.5%
accounting creatives 0.5%

partner accountancy limited directors

Partner Accountancy Limited currently has 2 directors. The longest serving directors include Mr Paul Harrison (May 2014) and Mr Paul Harrison (May 2014).

officercountryagestartendrole
Mr Paul HarrisonUnited Kingdom44 years May 2014- Director
Mr Paul HarrisonEngland44 years May 2014- Director

P&L

March 2024

turnover

402k

+21%

operating profit

34.2k

0%

gross margin

52.5%

+2.18%

turnover

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

Balance Sheet

March 2024

net assets

125.3k

+0.31%

total assets

344.6k

+0.26%

cash

108.8k

+0.13%

net assets

Total assets minus all liabilities

partner accountancy limited company details

company number

09023571

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

May 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

cga accountancy ltd (April 2019)

square circle accountancy limited (March 2015)

accountant

PARTNER ACCOUNTANCY LIMITED

auditor

-

address

the junction office 43, charles street, horbury, WF4 5FH

Bank

-

Legal Advisor

-

partner accountancy 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 partner accountancy limited.

partner accountancy 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.

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partner accountancy limited Companies House Filings - See Documents

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