Pomanda estimates the enterprise value of M&K ACCOUNTANTS (UK) LIMITED at £73.7k based on a Turnover of £102.9k and 0.72x industry multiple (adjusted for size and gross margin).
m&k accountants (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of M&K ACCOUNTANTS (UK) LIMITED at £0 based on an EBITDA of £-104.7k and a 4.74x industry multiple (adjusted for size and gross margin).
m&k accountants (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of M&K ACCOUNTANTS (UK) LIMITED at £0 based on Net Assets of £-799.6k and 3.62x industry multiple (adjusted for liquidity).
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M&k Accountants (uk) LimitedOverview
M&k Accountants (uk) Limited is a live company located in london, NW1 9DR with a Companies House number of 09112191. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in July 2014, it's largest shareholder is
abbas magzoub
with a 50% stake. M&k Accountants (uk) Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£102.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded M&K Accountants (Uk) Limited a 1.5 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
Health Rating1.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £102.9k, make it smaller than the average company (£223.1k)
£102.9k - M&k Accountants (uk) Limited
£223.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.8%)
-3% - M&k Accountants (uk) Limited
6.8% - Industry AVG
Production
with a gross margin of 52.2%, this company has a higher cost of product (87.9%)
52.2% - M&k Accountants (uk) Limited
87.9% - Industry AVG
Profitability
an operating margin of -101.7% make it less profitable than the average company (6.4%)
-101.7% - M&k Accountants (uk) Limited
6.4% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - M&k Accountants (uk) Limited
4 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
£47.8k - M&k Accountants (uk) Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £20.6k, this is less efficient (£84.9k)
£20.6k - M&k Accountants (uk) Limited
£84.9k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is earlier than average (96 days)
36 days - M&k Accountants (uk) Limited
96 days - Industry AVG
Creditor Days
its suppliers are paid after 6009 days, this is slower than average (40 days)
6009 days - M&k Accountants (uk) Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - M&k Accountants (uk) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - M&k Accountants (uk) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7819.7%, this is a higher level of debt than the average (48.6%)
7819.7% - M&k Accountants (uk) Limited
48.6% - Industry AVG
M&K ACCOUNTANTS (UK) LIMITED financials
EXPORT
M&K Accountants (Uk) Limited's latest turnover from October 2024 is estimated at £102.9 thousand and the company has net assets of -£799.6 thousand. According to their latest financial statements, M&K Accountants (Uk) Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Turnover
102,870
76,119
25,674
112,184
71,497
10,206
Other Income Or Grants
Cost Of Sales
49,196
40,856
15,360
58,519
2,816
4,038
Gross Profit
53,674
35,264
10,314
53,665
68,681
6,168
Admin Expenses
158,344
136,959
147,972
112,414
93,435
131,202
90,129
150,526
Operating Profit
-104,670
-101,695
-137,658
-58,749
-24,754
-125,034
-90,129
-150,526
Interest Payable
3,319
3,207
10
Interest Receivable
2
18
5
2
Pre-Tax Profit
-104,670
-101,695
-137,658
-58,747
-24,754
-128,336
-93,331
-150,533
Tax
Profit After Tax
-104,670
-101,695
-137,658
-58,747
-24,754
-128,336
-93,331
-150,533
Dividends Paid
Retained Profit
-104,670
-101,695
-137,658
-58,747
-24,754
-128,336
-93,331
-150,533
Employee Costs
239,004
151,238
40,602
277,698
61,806
39,156
Number Of Employees
5
4
1
8
7
1
EBITDA*
-104,670
-101,695
-137,658
-58,749
-24,754
-125,034
-90,129
-150,526
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Tangible Assets
Intangible Assets
Investments & Other
1
1
Debtors (Due After 1 year)
Total Fixed Assets
1
1
Stock & work in progress
Trade Debtors
10,358
2,834
840
7,414
Group Debtors
Misc Debtors
Cash
4,728
4,735
1,816
misc current assets
11,278
9,320
6,529
total current assets
10,358
2,834
840
7,414
16,006
14,055
6,529
1,816
total assets
10,358
2,834
840
7,414
16,006
14,055
6,529
1,816
1
1
Bank overdraft
98,355
310
Bank loan
Trade Creditors
809,959
697,765
594,076
462,992
234,215
234,215
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
178,621
152,039
152,037
152,038
total current liabilities
809,959
697,765
594,076
462,992
412,836
386,254
250,392
152,348
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
809,959
697,765
594,076
462,992
412,836
386,254
250,392
152,348
net assets
-799,601
-694,931
-593,236
-455,578
-396,830
-372,199
-243,863
-150,532
1
1
total shareholders funds
-799,601
-694,931
-593,236
-455,578
-396,830
-372,199
-243,863
-150,532
1
1
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Operating Activities
Operating Profit
-104,670
-101,695
-137,658
-58,749
-24,754
-125,034
-90,129
-150,526
Depreciation
Amortisation
Tax
Stock
Debtors
7,524
1,994
-6,574
7,414
Creditors
112,194
103,689
131,084
228,777
234,215
Accruals and Deferred Income
-178,621
26,582
2
-1
152,038
Deferred Taxes & Provisions
Cash flow from operations
-16,007
1,828
109,183
-90,130
1,512
Investing Activities
capital expenditure
Change in Investments
-1
1
cash flow from investments
1
-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
123
1
interest
2
-3,301
-3,202
-8
cash flow from financing
1
123
-3,301
-3,202
-8
1
cash and cash equivalents
cash
-4,728
-7
4,735
-1,816
1,816
overdraft
-98,355
98,045
310
change in cash
-4,728
-7
103,090
-99,861
1,506
m&k accountants (uk) limited 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 m&k accountants (uk) limited. Get real-time insights into m&k accountants (uk) limited's credit score, group structure and payment trends.
Perform a competitor analysis for m&k accountants (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NW1 area or any other competitors across 12 key performance metrics.
m&k accountants (uk) limited Ownership
M&K ACCOUNTANTS (UK) LIMITED group structure
M&K Accountants (Uk) Limited has no subsidiary companies.
Ultimate parent company
M&K ACCOUNTANTS (UK) LIMITED
09112191
M&K ACCOUNTANTS (UK) LIMITED Shareholders
The largest shareholders in M&K Accountants (Uk) Limited include Abbas Magzoub and Kheiry Kheiry.
abbas magzoub
50%
kheiry kheiry
50%
m&k accountants (uk) limited directors
M&K Accountants (Uk) Limited currently has 2 directors.
The longest serving directors include
Kheiry Kheiry (Jul 2014) and
Mr Abbas Magzoub (May 2020).
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 m&k accountants (uk) limited.
m&k accountants (uk) 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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m&k accountants (uk) limitedCompanies House Filings - See Documents
