spire accountants ltd
spire accountants ltd Company Information
Group Structure
View All
Industry
Bookkeeping activities
Registered Address
142 green street, london, E7 8JQ
spire accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ACCOUNTANTS LTD at £5.1k based on a Turnover of £11.2k and 0.45x industry multiple (adjusted for size and gross margin).
spire accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ACCOUNTANTS LTD at £0 based on an EBITDA of £-1k and a 2.12x industry multiple (adjusted for size and gross margin).
spire accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SPIRE ACCOUNTANTS LTD at £0 based on Net Assets of £-16.7k and 3.69x industry multiple (adjusted for liquidity).
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Spire Accountants Ltd Overview
Spire Accountants Ltd is a live company located in london, E7 8JQ with a Companies House number of 09635073. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in June 2015, it's largest shareholder is abdul aziz khan with a 100% stake. Spire Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £11.2k with healthy growth in recent years.
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Spire Accountants Ltd Health Check
Pomanda's financial health check has awarded Spire Accountants Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
6 Weak
Size
annual sales of £11.2k, make it smaller than the average company (£83k)
- Spire Accountants Ltd
£83k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.7%)
- Spire Accountants Ltd
3.7% - Industry AVG
Production
with a gross margin of 39.2%, this company has a higher cost of product (72.8%)
- Spire Accountants Ltd
72.8% - Industry AVG
Profitability
an operating margin of -9% make it less profitable than the average company (7.1%)
- Spire Accountants Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Spire Accountants Ltd
2 - Industry AVG
Pay Structure
on an average salary of £16.2k, the company has an equivalent pay structure (£16.2k)
- Spire Accountants Ltd
£16.2k - Industry AVG
Efficiency
resulting in sales per employee of £11.2k, this is less efficient (£50.2k)
- Spire Accountants Ltd
£50.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (80 days)
- Spire Accountants Ltd
80 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Spire Accountants Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Spire Accountants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Spire Accountants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 533.6%, this is a higher level of debt than the average (69%)
533.6% - Spire Accountants Ltd
69% - Industry AVG
SPIRE ACCOUNTANTS LTD financials
Spire Accountants Ltd's latest turnover from June 2023 is estimated at £11.2 thousand and the company has net assets of -£16.7 thousand. According to their latest financial statements, Spire Accountants Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 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 | 2 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,773 | 2,136 | 2,499 | 2,862 | 3,225 | 788 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,773 | 2,136 | 2,499 | 2,862 | 3,225 | 788 | 100 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,068 | 2,846 | 6,508 | 634 | 345 | 112 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,068 | 2,846 | 6,508 | 634 | 345 | 112 | 0 | 0 |
| total assets | 3,841 | 4,982 | 9,007 | 3,496 | 3,570 | 900 | 100 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 5,674 | 6,562 | 4,578 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 5,674 | 6,562 | 4,578 | 0 | 0 |
| 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 | 20,497 | 20,625 | 20,625 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,497 | 20,625 | 20,625 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 20,497 | 20,625 | 20,625 | 5,674 | 6,562 | 4,578 | 0 | 0 |
| net assets | -16,656 | -15,643 | -11,618 | -2,178 | -2,992 | -3,678 | 100 | 0 |
| total shareholders funds | -16,656 | -15,643 | -11,618 | -2,178 | -2,992 | -3,678 | 100 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -778 | -3,662 | 5,874 | 289 | 233 | 112 | 0 | 0 |
| Creditors | 0 | 0 | -5,674 | -888 | 1,984 | 4,578 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 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 | -100 | 100 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -128 | 0 | 20,625 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
spire accountants ltd Credit Report and Business Information
Spire Accountants Ltd Competitor Analysis
Perform a competitor analysis for spire accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E 7 area or any other competitors across 12 key performance metrics.
spire accountants ltd Ownership
SPIRE ACCOUNTANTS LTD group structure
Spire Accountants Ltd has no subsidiary companies.
Ultimate parent company
SPIRE ACCOUNTANTS LTD
09635073
spire accountants ltd directors
Spire Accountants Ltd currently has 1 director, Mr Abdul Khan serving since Mar 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abdul Khan | England | 52 years | Mar 2020 | - | Director |
P&L
June 2023turnover
11.2k
+93%
operating profit
-1k
0%
gross margin
39.2%
+0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-16.7k
+0.06%
total assets
3.8k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
spire accountants ltd company details
company number
09635073
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
142 green street, london, E7 8JQ
Bank
-
Legal Advisor
-
spire accountants 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 spire accountants ltd.
spire accountants 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.
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spire accountants ltd Companies House Filings - See Documents
| date | description | view/download |
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