angels accounting ltd

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angels accounting ltd Company Information

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Company Number

09835835

Registered Address

18 elms road, harrow, HA3 6BQ

Industry

Bookkeeping activities

 

Telephone

-

Next Accounts Due

July 2025

Group Structure

View All

Directors

Arulmoly Sivashankar6 Years

Shareholders

arulmoly sivashankar 100%

angels accounting ltd Estimated Valuation

£92.2k

Pomanda estimates the enterprise value of ANGELS ACCOUNTING LTD at £92.2k based on a Turnover of £111k and 0.83x industry multiple (adjusted for size and gross margin).

angels accounting ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of ANGELS ACCOUNTING LTD at £0 based on an EBITDA of £-522 and a 3.67x industry multiple (adjusted for size and gross margin).

angels accounting ltd Estimated Valuation

£12.3k

Pomanda estimates the enterprise value of ANGELS ACCOUNTING LTD at £12.3k based on Net Assets of £2.8k and 4.41x industry multiple (adjusted for liquidity).

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Angels Accounting Ltd Overview

Angels Accounting Ltd is a live company located in harrow, HA3 6BQ with a Companies House number of 09835835. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in October 2015, it's largest shareholder is arulmoly sivashankar with a 100% stake. Angels Accounting Ltd is a young, micro sized company, Pomanda has estimated its turnover at £111k with rapid growth in recent years.

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Angels Accounting Ltd Health Check

Pomanda's financial health check has awarded Angels Accounting Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £111k, make it larger than the average company (£80.4k)

£111k - Angels Accounting Ltd

£80.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (5.5%)

32% - Angels Accounting Ltd

5.5% - Industry AVG

production

Production

with a gross margin of 39.3%, this company has a higher cost of product (63.6%)

39.3% - Angels Accounting Ltd

63.6% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (7.1%)

-0.5% - Angels Accounting Ltd

7.1% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (2)

4 - Angels Accounting Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £15.7k, the company has an equivalent pay structure (£15.7k)

£15.7k - Angels Accounting Ltd

£15.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £27.8k, this is less efficient (£42.2k)

£27.8k - Angels Accounting Ltd

£42.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 118 days, this is later than average (65 days)

118 days - Angels Accounting Ltd

65 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 121 days, this is slower than average (17 days)

121 days - Angels Accounting Ltd

17 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Angels Accounting Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Angels Accounting Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.7%, this is a higher level of debt than the average (70.2%)

93.7% - Angels Accounting Ltd

70.2% - Industry AVG

ANGELS ACCOUNTING LTD financials

EXPORTms excel logo

Angels Accounting Ltd's latest turnover from October 2023 is estimated at £111 thousand and the company has net assets of £2.8 thousand. According to their latest financial statements, Angels Accounting Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Turnover111,04982,21949,80448,58830,5656,7835,018215
Other Income Or Grants00000000
Cost Of Sales67,43250,03124,82017,72310,9162,0601,70476
Gross Profit43,61732,18824,98430,86519,6494,7233,314139
Admin Expenses44,13930,52929,16525,56418,3915,5801,964-600
Operating Profit-5221,659-4,1815,3011,258-8571,350739
Interest Payable00000000
Interest Receivable00000011
Pre-Tax Profit-5221,659-4,1815,3011,258-8571,351740
Tax0-3150-1,007-2390-257-148
Profit After Tax-5221,344-4,1814,2941,019-8571,094592
Dividends Paid00000000
Retained Profit-5221,344-4,1814,2941,019-8571,094592
Employee Costs62,80047,55069,87360,91438,36715,09714,80720,753
Number Of Employees43543111
EBITDA*-5221,659-4,1815,3011,258-8571,350739

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Tangible Assets8,0638,0638,0637,0292,943634634634
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)00000000
Total Fixed Assets8,0638,0638,0637,0292,943634634634
Stock & work in progress00000000
Trade Debtors36,14440,68613,29515,4284,4492,5091,3150
Group Debtors00000000
Misc Debtors00000000
Cash0000000740
misc current assets00000000
total current assets36,14440,68613,29515,4284,4492,5091,315740
total assets44,20748,74921,35822,4577,3923,1431,9491,374
Bank overdraft00000000
Bank loan00000000
Trade Creditors 22,41523,53219,39716,3155,5442,3140781
Group/Directors Accounts00000000
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000000
total current liabilities22,41523,53219,39716,3155,5442,3140781
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities19,00921,91200002630
provisions00000000
total long term liabilities19,00921,91200002630
total liabilities41,42445,44419,39716,3155,5442,314263781
net assets2,7833,3051,9616,1421,8488291,686593
total shareholders funds2,7833,3051,9616,1421,8488291,686593
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit-5221,659-4,1815,3011,258-8571,350739
Depreciation00000000
Amortisation00000000
Tax0-3150-1,007-2390-257-148
Stock00000000
Debtors-4,54227,391-2,13310,9791,9401,1941,3150
Creditors-1,1174,1353,08210,7713,2302,314-781781
Accruals and Deferred Income00000000
Deferred Taxes & Provisions00000000
Cash flow from operations2,903-21,9121,0344,0862,309263-1,0031,372
Investing Activities
capital expenditure00-1,034-4,086-2,30900-634
Change in Investments00000000
cash flow from investments00-1,034-4,086-2,30900-634
Financing Activities
Bank loans00000000
Group/Directors Accounts00000000
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities-2,90321,912000-2632630
share issue000000-11
interest00000011
cash flow from financing-2,90321,912000-2632632
cash and cash equivalents
cash000000-740740
overdraft00000000
change in cash000000-740740

angels accounting ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Angels Accounting Ltd Competitor Analysis

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Perform a competitor analysis for angels accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA3 area or any other competitors across 12 key performance metrics.

angels accounting ltd Ownership

ANGELS ACCOUNTING LTD group structure

Angels Accounting Ltd has no subsidiary companies.

Ultimate parent company

ANGELS ACCOUNTING LTD

09835835

ANGELS ACCOUNTING LTD Shareholders

arulmoly sivashankar 100%

angels accounting ltd directors

Angels Accounting Ltd currently has 1 director, Mrs Arulmoly Sivashankar serving since Dec 2017.

officercountryagestartendrole
Mrs Arulmoly SivashankarEngland48 years Dec 2017- Director

P&L

October 2023

turnover

111k

+35%

operating profit

-522

0%

gross margin

39.3%

+0.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

2.8k

-0.16%

total assets

44.2k

-0.09%

cash

0

0%

net assets

Total assets minus all liabilities

angels accounting ltd company details

company number

09835835

Type

Private limited with Share Capital

industry

69202 - Bookkeeping activities

incorporation date

October 2015

age

9

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

October 2023

address

18 elms road, harrow, HA3 6BQ

accountant

-

auditor

-

angels 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 angels accounting ltd.

charges

angels accounting ltd Companies House Filings - See Documents

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