shafiq & co accountants limited
shafiq & co accountants limited Company Information
Company Number
09310939
Next Accounts
Aug 2025
Industry
Accounting, and auditing activities
Directors
Shareholders
mohammed shafiq
Group Structure
View All
Contact
Registered Address
51 calthorpe road, edgbaston, birmingham, B15 1TH
Website
shafiqandco.comshafiq & co accountants limited Estimated Valuation
Pomanda estimates the enterprise value of SHAFIQ & CO ACCOUNTANTS LIMITED at £57.7k based on a Turnover of £81.3k and 0.71x industry multiple (adjusted for size and gross margin).
shafiq & co accountants limited Estimated Valuation
Pomanda estimates the enterprise value of SHAFIQ & CO ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-1.3k and a 4.72x industry multiple (adjusted for size and gross margin).
shafiq & co accountants limited Estimated Valuation
Pomanda estimates the enterprise value of SHAFIQ & CO ACCOUNTANTS LIMITED at £17.5k based on Net Assets of £5.8k and 3.01x industry multiple (adjusted for liquidity).
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Shafiq & Co Accountants Limited Overview
Shafiq & Co Accountants Limited is a live company located in birmingham, B15 1TH with a Companies House number of 09310939. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2014, it's largest shareholder is mohammed shafiq with a 100% stake. Shafiq & Co Accountants Limited is a established, micro sized company, Pomanda has estimated its turnover at £81.3k with declining growth in recent years.
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Shafiq & Co Accountants Limited Health Check
Pomanda's financial health check has awarded Shafiq & Co Accountants Limited a 1.5 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 £81.3k, make it smaller than the average company (£207.4k)
- Shafiq & Co Accountants Limited
£207.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (6.9%)
- Shafiq & Co Accountants Limited
6.9% - Industry AVG
Production
with a gross margin of 50.5%, this company has a higher cost of product (96.6%)
- Shafiq & Co Accountants Limited
96.6% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (11.8%)
- Shafiq & Co Accountants Limited
11.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Shafiq & Co Accountants Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
- Shafiq & Co Accountants Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £81.3k, this is equally as efficient (£79.5k)
- Shafiq & Co Accountants Limited
£79.5k - Industry AVG
Debtor Days
it gets paid by customers after 178 days, this is later than average (76 days)
- Shafiq & Co Accountants Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 307 days, this is slower than average (28 days)
- Shafiq & Co Accountants Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Shafiq & Co Accountants Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Shafiq & Co Accountants Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.4%, this is a higher level of debt than the average (51.4%)
85.4% - Shafiq & Co Accountants Limited
51.4% - Industry AVG
SHAFIQ & CO ACCOUNTANTS LIMITED financials
Shafiq & Co Accountants Limited's latest turnover from November 2023 is estimated at £81.3 thousand and the company has net assets of £5.8 thousand. According to their latest financial statements, we estimate that Shafiq & Co Accountants Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,763 | 50,644 | 54,011 | 58,758 | 8,829 | 5,000 | 7,000 | 11,575 | 5,269 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 3,761 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 393 | 3,132 | 8,378 | 11,266 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,763 | 50,644 | 54,011 | 58,758 | 8,829 | 9,154 | 10,132 | 19,953 | 16,535 |
| total assets | 39,763 | 50,644 | 54,011 | 58,758 | 8,829 | 9,154 | 10,132 | 19,953 | 16,535 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,947 | 43,541 | 45,851 | 50,000 | 0 | 0 | 0 | 0 | 3,410 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 268 | 2,393 | 6,206 | 0 |
| total current liabilities | 33,947 | 43,541 | 45,851 | 50,000 | 0 | 268 | 2,393 | 6,206 | 3,410 |
| loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 33,947 | 43,541 | 45,851 | 50,000 | 0 | 268 | 2,393 | 6,206 | 3,410 |
| net assets | 5,816 | 7,103 | 8,160 | 8,758 | 8,829 | 8,886 | 7,739 | 13,747 | 13,125 |
| total shareholders funds | 5,816 | 7,103 | 8,160 | 8,758 | 8,829 | 8,886 | 7,739 | 13,747 | 13,125 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -10,881 | -3,367 | -4,747 | 49,929 | 68 | 1,761 | -4,575 | 6,306 | 5,269 |
| Creditors | -9,594 | -2,310 | -4,149 | 50,000 | 0 | 0 | 0 | -3,410 | 3,410 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -268 | -2,125 | -3,813 | 6,206 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | -393 | -2,739 | -5,246 | -2,888 | 11,266 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -393 | -2,739 | -5,246 | -2,888 | 11,266 |
shafiq & co accountants limited Credit Report and Business Information
Shafiq & Co Accountants Limited Competitor Analysis
Perform a competitor analysis for shafiq & co accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B15 area or any other competitors across 12 key performance metrics.
shafiq & co accountants limited Ownership
SHAFIQ & CO ACCOUNTANTS LIMITED group structure
Shafiq & Co Accountants Limited has no subsidiary companies.
Ultimate parent company
SHAFIQ & CO ACCOUNTANTS LIMITED
09310939
shafiq & co accountants limited directors
Shafiq & Co Accountants Limited currently has 1 director, Mr Mohammed Shafiq serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammed Shafiq | United Kingdom | 39 years | May 2016 | - | Director |
P&L
November 2023turnover
81.3k
-22%
operating profit
-1.3k
0%
gross margin
50.5%
-4.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
5.8k
-0.18%
total assets
39.8k
-0.21%
cash
0
0%
net assets
Total assets minus all liabilities
shafiq & co accountants limited company details
company number
09310939
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
November 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
shafiq & co limited (February 2016)
accountant
-
auditor
-
address
51 calthorpe road, edgbaston, birmingham, B15 1TH
Bank
-
Legal Advisor
-
shafiq & co accountants 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 shafiq & co accountants limited.
shafiq & co accountants 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 SHAFIQ & CO ACCOUNTANTS LIMITED. This can take several minutes, an email will notify you when this has completed.
shafiq & co accountants limited Companies House Filings - See Documents
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