ringwood accountants & tax advisers limited
ringwood accountants & tax advisers limited Company Information
Company Number
09661262
Next Accounts
4 days late
Directors
Shareholders
ranjan rajaratnam
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
68 ringwood avenue, croydon, surrey, CR0 3DW
Website
-ringwood accountants & tax advisers limited Estimated Valuation
Pomanda estimates the enterprise value of RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED at £14k based on a Turnover of £19.6k and 0.71x industry multiple (adjusted for size and gross margin).
ringwood accountants & tax advisers limited Estimated Valuation
Pomanda estimates the enterprise value of RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED at £9.2k based on an EBITDA of £2k and a 4.56x industry multiple (adjusted for size and gross margin).
ringwood accountants & tax advisers limited Estimated Valuation
Pomanda estimates the enterprise value of RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED at £0 based on Net Assets of £-16.6k and 3.06x industry multiple (adjusted for liquidity).
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Ringwood Accountants & Tax Advisers Limited Overview
Ringwood Accountants & Tax Advisers Limited is a live company located in surrey, CR0 3DW with a Companies House number of 09661262. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2015, it's largest shareholder is ranjan rajaratnam with a 100% stake. Ringwood Accountants & Tax Advisers Limited is a established, micro sized company, Pomanda has estimated its turnover at £19.6k with rapid growth in recent years.
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Ringwood Accountants & Tax Advisers Limited Health Check
Pomanda's financial health check has awarded Ringwood Accountants & Tax Advisers Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £19.6k, make it smaller than the average company (£218.7k)
- Ringwood Accountants & Tax Advisers Limited
£218.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 78%, show it is growing at a faster rate (6.4%)
- Ringwood Accountants & Tax Advisers Limited
6.4% - Industry AVG
Production
with a gross margin of 50.8%, this company has a higher cost of product (94.8%)
- Ringwood Accountants & Tax Advisers Limited
94.8% - Industry AVG
Profitability
an operating margin of 10.2% make it as profitable than the average company (12.8%)
- Ringwood Accountants & Tax Advisers Limited
12.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Ringwood Accountants & Tax Advisers Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Ringwood Accountants & Tax Advisers Limited
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £19.6k, this is less efficient (£77.7k)
- Ringwood Accountants & Tax Advisers Limited
£77.7k - Industry AVG
Debtor Days
it gets paid by customers after 168 days, this is later than average (76 days)
- Ringwood Accountants & Tax Advisers Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 972 days, this is slower than average (26 days)
- Ringwood Accountants & Tax Advisers Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ringwood Accountants & Tax Advisers Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ringwood Accountants & Tax Advisers Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 283.7%, this is a higher level of debt than the average (53.3%)
283.7% - Ringwood Accountants & Tax Advisers Limited
53.3% - Industry AVG
RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED financials
Ringwood Accountants & Tax Advisers Limited's latest turnover from June 2023 is estimated at £19.6 thousand and the company has net assets of -£16.6 thousand. According to their latest financial statements, we estimate that Ringwood Accountants & Tax Advisers Limited 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 | 1,863 | 3,470 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 805 | -3,995 | ||||||
| Tax | ||||||||
| Profit After Tax | 805 | -3,995 | ||||||
| Dividends Paid | ||||||||
| Retained Profit | 805 | -3,995 | ||||||
| Employee Costs | 9,515 | 8,849 | ||||||
| Number Of Employees | 1 | 1 | 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 | 120 | 240 | 360 | |||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 120 | 240 | 360 | |||||
| Stock & work in progress | ||||||||
| Trade Debtors | 9,064 | 18,854 | 16,935 | 20,754 | 19,720 | 10,532 | 3,490 | 1,019 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 9,064 | 18,854 | 16,935 | 20,754 | 19,720 | 10,532 | 3,490 | 1,019 |
| total assets | 9,064 | 18,854 | 16,935 | 20,874 | 19,960 | 10,892 | 3,490 | 1,019 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 25,712 | 37,008 | 35,431 | 40,176 | 35,266 | 25,968 | 16,910 | 8,266 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 25,712 | 37,008 | 35,431 | 40,176 | 35,266 | 25,968 | 16,910 | 8,266 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 25,712 | 37,008 | 35,431 | 40,176 | 35,266 | 25,968 | 16,910 | 8,266 |
| net assets | -16,648 | -18,154 | -18,496 | -19,302 | -15,306 | -15,076 | -13,420 | -7,247 |
| total shareholders funds | -16,648 | -18,154 | -18,496 | -19,302 | -15,306 | -15,076 | -13,420 | -7,247 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -9,790 | 1,919 | -3,819 | 1,034 | 9,188 | 7,042 | 2,471 | 1,019 |
| Creditors | -11,296 | 1,577 | -4,745 | 4,910 | 9,298 | 9,058 | 8,644 | 8,266 |
| Accruals and Deferred Income | ||||||||
| 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 | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | 1 | -1 | ||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
ringwood accountants & tax advisers limited Credit Report and Business Information
Ringwood Accountants & Tax Advisers Limited Competitor Analysis
Perform a competitor analysis for ringwood accountants & tax advisers limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CR0 area or any other competitors across 12 key performance metrics.
ringwood accountants & tax advisers limited Ownership
RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED group structure
Ringwood Accountants & Tax Advisers Limited has no subsidiary companies.
Ultimate parent company
RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED
09661262
ringwood accountants & tax advisers limited directors
Ringwood Accountants & Tax Advisers Limited currently has 1 director, Mr Ranjan Rajaratnam serving since Jun 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ranjan Rajaratnam | United Kingdom | 52 years | Jun 2015 | - | Director |
P&L
June 2023turnover
19.6k
-53%
operating profit
2k
0%
gross margin
50.9%
-0.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-16.6k
-0.08%
total assets
9.1k
-0.52%
cash
0
0%
net assets
Total assets minus all liabilities
ringwood accountants & tax advisers limited company details
company number
09661262
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing 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
68 ringwood avenue, croydon, surrey, CR0 3DW
Bank
-
Legal Advisor
-
ringwood accountants & tax advisers 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 ringwood accountants & tax advisers limited.
ringwood accountants & tax advisers 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 RINGWOOD ACCOUNTANTS & TAX ADVISERS LIMITED. This can take several minutes, an email will notify you when this has completed.
ringwood accountants & tax advisers limited Companies House Filings - See Documents
| date | description | view/download |
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