mountstewart accountants (sedgefield) limited
mountstewart accountants (sedgefield) limited Company Information
Company Number
09580047
Website
-Registered Address
c/o ocg accountants ltd, coxwold way, billingham, TS23 4EA
Industry
Accounting, and auditing activities
Telephone
01915861615
Next Accounts Due
December 2024
Group Structure
View All
Directors
Christopher Bailey9 Years
Shareholders
bailey group administration company limited 99%
louise lavery 1%
mountstewart accountants (sedgefield) limited Estimated Valuation
Pomanda estimates the enterprise value of MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED at £61.6k based on a Turnover of £69.5k and 0.89x industry multiple (adjusted for size and gross margin).
mountstewart accountants (sedgefield) limited Estimated Valuation
Pomanda estimates the enterprise value of MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED at £0 based on an EBITDA of £-5.1k and a 4.99x industry multiple (adjusted for size and gross margin).
mountstewart accountants (sedgefield) limited Estimated Valuation
Pomanda estimates the enterprise value of MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED at £263.2k based on Net Assets of £84.8k and 3.11x industry multiple (adjusted for liquidity).
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Mountstewart Accountants (sedgefield) Limited Overview
Mountstewart Accountants (sedgefield) Limited is a live company located in billingham, TS23 4EA with a Companies House number of 09580047. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2015, it's largest shareholder is bailey group administration company limited with a 99% stake. Mountstewart Accountants (sedgefield) Limited is a young, micro sized company, Pomanda has estimated its turnover at £69.5k with declining growth in recent years.
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Mountstewart Accountants (sedgefield) Limited Health Check
Pomanda's financial health check has awarded Mountstewart Accountants (Sedgefield) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £69.5k, make it smaller than the average company (£139.6k)
- Mountstewart Accountants (sedgefield) Limited
£139.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (5.8%)
- Mountstewart Accountants (sedgefield) Limited
5.8% - Industry AVG
Production
with a gross margin of 68.7%, this company has a comparable cost of product (68.7%)
- Mountstewart Accountants (sedgefield) Limited
68.7% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (15.9%)
- Mountstewart Accountants (sedgefield) Limited
15.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Mountstewart Accountants (sedgefield) Limited
3 - Industry AVG
Pay Structure
on an average salary of £20.8k, the company has an equivalent pay structure (£20.8k)
- Mountstewart Accountants (sedgefield) Limited
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £69.5k, this is equally as efficient (£69.5k)
- Mountstewart Accountants (sedgefield) Limited
£69.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mountstewart Accountants (sedgefield) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mountstewart Accountants (sedgefield) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mountstewart Accountants (sedgefield) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)
0 weeks - Mountstewart Accountants (sedgefield) Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.4%, this is a higher level of debt than the average (57.7%)
76.4% - Mountstewart Accountants (sedgefield) Limited
57.7% - Industry AVG
MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED financials
Mountstewart Accountants (Sedgefield) Limited's latest turnover from March 2023 is estimated at £69.5 thousand and the company has net assets of £84.8 thousand. According to their latest financial statements, Mountstewart Accountants (Sedgefield) Limited has 1 employee and maintains cash reserves of £87 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 5 | 6 | 6 | 9 | 9 | 9 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 150,000 | 313,663 | 313,663 | 305,432 | 307,243 | 310,157 |
| Intangible Assets | 150,000 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 150,000 | 150,000 | 150,000 | 313,663 | 313,663 | 305,432 | 307,243 | 310,157 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 88,122 | 197,274 | 106,030 | 79,604 | 162,266 | 124,299 |
| Group Debtors | 121,150 | 105,650 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 87,635 | 87,635 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 87 | 14,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 208,872 | 207,676 | 88,122 | 197,274 | 106,030 | 79,604 | 162,266 | 124,299 |
| total assets | 358,872 | 357,676 | 238,122 | 510,937 | 419,693 | 385,036 | 469,509 | 434,456 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 210,295 | 491,411 | 182,899 | 203,665 | 283,888 | 399,429 |
| Group/Directors Accounts | 1,000 | 0 | 0 | 0 | 127,500 | 0 | 149,099 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 273,107 | 268,091 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 274,107 | 268,091 | 210,295 | 491,411 | 310,399 | 203,665 | 432,987 | 399,429 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 101,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 101,000 | 0 | 0 |
| total liabilities | 274,107 | 268,091 | 210,295 | 491,411 | 310,399 | 304,665 | 432,987 | 399,429 |
| net assets | 84,765 | 89,585 | 27,827 | 19,526 | 109,294 | 80,371 | 36,522 | 35,027 |
| total shareholders funds | 84,765 | 89,585 | 27,827 | 19,526 | 109,294 | 80,371 | 36,522 | 35,027 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 15,500 | 105,163 | -109,152 | 91,244 | 26,426 | -82,662 | 37,967 | 124,299 |
| Creditors | 0 | -210,295 | -281,116 | 308,512 | -20,766 | -80,223 | -115,541 | 399,429 |
| Accruals and Deferred Income | 5,016 | 268,091 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,000 | 0 | 0 | -127,500 | 127,500 | -149,099 | 149,099 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -101,000 | 101,000 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -14,304 | 14,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -14,304 | 14,391 | 0 | 0 | 0 | 0 | 0 | 0 |
mountstewart accountants (sedgefield) limited Credit Report and Business Information
Mountstewart Accountants (sedgefield) Limited Competitor Analysis
Perform a competitor analysis for mountstewart accountants (sedgefield) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TS23 area or any other competitors across 12 key performance metrics.
mountstewart accountants (sedgefield) limited Ownership
MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED group structure
Mountstewart Accountants (Sedgefield) Limited has no subsidiary companies.
Ultimate parent company
1 parent
MOUNTSTEWART ACCOUNTANTS (SEDGEFIELD) LIMITED
09580047
mountstewart accountants (sedgefield) limited directors
Mountstewart Accountants (Sedgefield) Limited currently has 1 director, Mr Christopher Bailey serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Bailey | 58 years | May 2015 | - | Director |
P&L
March 2023turnover
69.5k
-79%
operating profit
-5.1k
0%
gross margin
68.8%
+5.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
84.8k
-0.05%
total assets
358.9k
0%
cash
87
-0.99%
net assets
Total assets minus all liabilities
mountstewart accountants (sedgefield) limited company details
company number
09580047
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2015
age
9
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
christopher bailey accountants (sedgefield) limited (October 2020)
christopher bailey accountants limited (April 2018)
last accounts submitted
March 2023
address
c/o ocg accountants ltd, coxwold way, billingham, TS23 4EA
accountant
-
auditor
-
mountstewart accountants (sedgefield) 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 mountstewart accountants (sedgefield) limited.
mountstewart accountants (sedgefield) limited Companies House Filings - See Documents
| date | description | view/download |
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