go accounting ltd
go accounting ltd Company Information
Company Number
09588608
Next Accounts
767 days late
Directors
Shareholders
kellie louise denchfield
ky smith
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
ibex house baker street, weybridge, KT13 8AH
Website
www.goaccounting.co.ukgo accounting ltd Estimated Valuation
Pomanda estimates the enterprise value of GO ACCOUNTING LTD at £286.6k based on a Turnover of £336k and 0.85x industry multiple (adjusted for size and gross margin).
go accounting ltd Estimated Valuation
Pomanda estimates the enterprise value of GO ACCOUNTING LTD at £132.9k based on an EBITDA of £24.3k and a 5.47x industry multiple (adjusted for size and gross margin).
go accounting ltd Estimated Valuation
Pomanda estimates the enterprise value of GO ACCOUNTING LTD at £51.8k based on Net Assets of £16.9k and 3.06x industry multiple (adjusted for liquidity).
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Go Accounting Ltd Overview
Go Accounting Ltd is a live company located in weybridge, KT13 8AH with a Companies House number of 09588608. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2015, it's largest shareholder is kellie louise denchfield with a 50% stake. Go Accounting Ltd is a established, micro sized company, Pomanda has estimated its turnover at £336k with declining growth in recent years.
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Go Accounting Ltd Health Check
Pomanda's financial health check has awarded Go Accounting Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £336k, make it larger than the average company (£225.1k)
- Go Accounting Ltd
£225.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (4.5%)
- Go Accounting Ltd
4.5% - Industry AVG
Production
with a gross margin of 78.1%, this company has a comparable cost of product (78.1%)
- Go Accounting Ltd
78.1% - Industry AVG
Profitability
an operating margin of 7.2% make it less profitable than the average company (23.4%)
- Go Accounting Ltd
23.4% - Industry AVG
Employees
with 13 employees, this is above the industry average (4)
13 - Go Accounting Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has an equivalent pay structure (£30.2k)
- Go Accounting Ltd
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £25.8k, this is less efficient (£69k)
- Go Accounting Ltd
£69k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (83 days)
- Go Accounting Ltd
83 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Go Accounting Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Go Accounting Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is average cash available to meet short term requirements (35 weeks)
41 weeks - Go Accounting Ltd
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.4%, this is a higher level of debt than the average (57.6%)
88.4% - Go Accounting Ltd
57.6% - Industry AVG
GO ACCOUNTING LTD financials
Go Accounting Ltd's latest turnover from May 2021 is estimated at £336 thousand and the company has net assets of £16.9 thousand. According to their latest financial statements, Go Accounting Ltd has 13 employees and maintains cash reserves of £102.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 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 | 13 | 23 | 43 | 62 | 97 | 29 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 286 | 571 | 371 | 1,420 | 2,254 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 2,540 | 2,540 | 2,540 | |||
| Total Fixed Assets | 286 | 571 | 2,911 | 3,960 | 4,794 | |
| Stock & work in progress | ||||||
| Trade Debtors | 20,136 | 25,688 | 43,118 | 129,420 | 124,920 | 389,660 |
| Group Debtors | ||||||
| Misc Debtors | 23,214 | 51,700 | 61,049 | 101,818 | 112,293 | 75,460 |
| Cash | 102,920 | 181,903 | 188,348 | 261,424 | 392,498 | 300,661 |
| misc current assets | ||||||
| total current assets | 146,270 | 259,291 | 292,515 | 492,662 | 629,711 | 765,781 |
| total assets | 146,556 | 259,862 | 295,426 | 496,622 | 634,505 | 765,781 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | 1,000 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 129,632 | 262,504 | 294,043 | 494,833 | 631,458 | 746,263 |
| total current liabilities | 129,632 | 262,504 | 294,043 | 494,833 | 631,458 | 747,263 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 129,632 | 262,504 | 294,043 | 494,833 | 631,458 | 747,263 |
| net assets | 16,924 | -2,642 | 1,383 | 1,789 | 3,047 | 18,518 |
| total shareholders funds | 16,924 | -2,642 | 1,383 | 1,789 | 3,047 | 18,518 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 286 | 358 | 1,049 | 1,048 | 977 | |
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -34,038 | -29,319 | -127,071 | -5,975 | -225,367 | 465,120 |
| Creditors | ||||||
| Accruals and Deferred Income | -132,872 | -31,539 | -200,790 | -136,625 | -114,805 | 746,263 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -1,000 | 1,000 | ||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -78,983 | -6,445 | -73,076 | -131,074 | 91,837 | 300,661 |
| overdraft | ||||||
| change in cash | -78,983 | -6,445 | -73,076 | -131,074 | 91,837 | 300,661 |
go accounting ltd Credit Report and Business Information
Go Accounting Ltd Competitor Analysis
Perform a competitor analysis for go accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in KT13 area or any other competitors across 12 key performance metrics.
go accounting ltd Ownership
GO ACCOUNTING LTD group structure
Go Accounting Ltd has no subsidiary companies.
Ultimate parent company
GO ACCOUNTING LTD
09588608
go accounting ltd directors
Go Accounting Ltd currently has 1 director, Mrs Kellie Denchfield serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kellie Denchfield | England | 42 years | May 2015 | - | Director |
P&L
May 2021turnover
336k
-43%
operating profit
24k
0%
gross margin
78.1%
-11.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
16.9k
-7.41%
total assets
146.6k
-0.44%
cash
102.9k
-0.43%
net assets
Total assets minus all liabilities
go accounting ltd company details
company number
09588608
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2021
previous names
N/A
accountant
-
auditor
-
address
ibex house baker street, weybridge, KT13 8AH
Bank
-
Legal Advisor
-
go accounting 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 go accounting ltd.
go accounting 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.
Click to start generating capital raising & share issue transactions for GO ACCOUNTING LTD. This can take several minutes, an email will notify you when this has completed.
go accounting ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
