less tax for landlords limited Company Information
Company Number
09922103
Next Accounts
3 days late
Industry
Management consultancy activities (other than financial management)
Tax consultancy
Shareholders
one consultancy group limited
Group Structure
View All
Contact
Registered Address
c/o ocg accountants ltd, biz hub tees valley,, billingham, TS23 4EA
Website
lesstaxforlandlords.co.ukless tax for landlords limited Estimated Valuation
Pomanda estimates the enterprise value of LESS TAX FOR LANDLORDS LIMITED at £2m based on a Turnover of £2.6m and 0.76x industry multiple (adjusted for size and gross margin).
less tax for landlords limited Estimated Valuation
Pomanda estimates the enterprise value of LESS TAX FOR LANDLORDS LIMITED at £0 based on an EBITDA of £-403k and a 5.4x industry multiple (adjusted for size and gross margin).
less tax for landlords limited Estimated Valuation
Pomanda estimates the enterprise value of LESS TAX FOR LANDLORDS LIMITED at £2.4m based on Net Assets of £712.7k and 3.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Less Tax For Landlords Limited Overview
Less Tax For Landlords Limited is a live company located in billingham, TS23 4EA with a Companies House number of 09922103. It operates in the tax consultancy sector, SIC Code 69203. Founded in December 2015, it's largest shareholder is one consultancy group limited with a 100% stake. Less Tax For Landlords Limited is a young, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Less Tax For Landlords Limited Health Check
Pomanda's financial health check has awarded Less Tax For Landlords Limited 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 £2.6m, make it larger than the average company (£341.9k)
- Less Tax For Landlords Limited
£341.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.6%)
- Less Tax For Landlords Limited
5.6% - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
- Less Tax For Landlords Limited
70.1% - Industry AVG
Profitability
an operating margin of -15.2% make it less profitable than the average company (9.7%)
- Less Tax For Landlords Limited
9.7% - Industry AVG
Employees
with 30 employees, this is above the industry average (5)
30 - Less Tax For Landlords Limited
5 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
- Less Tax For Landlords Limited
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £88.1k, this is equally as efficient (£100.1k)
- Less Tax For Landlords Limited
£100.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Less Tax For Landlords Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (37 days)
- Less Tax For Landlords Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Less Tax For Landlords Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (31 weeks)
6 weeks - Less Tax For Landlords Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72%, this is a higher level of debt than the average (48.3%)
72% - Less Tax For Landlords Limited
48.3% - Industry AVG
LESS TAX FOR LANDLORDS LIMITED financials
Less Tax For Landlords Limited's latest turnover from March 2023 is estimated at £2.6 million and the company has net assets of £712.7 thousand. According to their latest financial statements, Less Tax For Landlords Limited has 30 employees and maintains cash reserves of £238.9 thousand 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 | |
---|---|---|---|---|---|---|---|
Turnover | 365,976 | ||||||
Other Income Or Grants | |||||||
Cost Of Sales | |||||||
Gross Profit | |||||||
Admin Expenses | |||||||
Operating Profit | |||||||
Interest Payable | 0 | ||||||
Interest Receivable | 0 | ||||||
Pre-Tax Profit | 46,913 | ||||||
Tax | -9,383 | ||||||
Profit After Tax | 37,530 | ||||||
Dividends Paid | 0 | ||||||
Retained Profit | 37,530 | ||||||
Employee Costs | |||||||
Number Of Employees | 30 | 40 | 23 | 20 | 8 | 3 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 40,300 | 40,300 | 40,300 | 40,300 | 300 | 0 | 0 |
Debtors (Due After 1 year) | 26,048 | 26,048 | 26,048 | 40,080 | 0 | 0 | 0 |
Total Fixed Assets | 66,348 | 66,348 | 66,348 | 80,380 | 300 | 0 | 0 |
Stock & work in progress | 0 | 0 | 47,667 | 54,783 | 0 | 0 | 0 |
Trade Debtors | 0 | 504,447 | 346,946 | 231,744 | 97,623 | 93,010 | 129,189 |
Group Debtors | 1,965,295 | 651,320 | 365,535 | 208,278 | 0 | 0 | 0 |
Misc Debtors | 272,075 | 305,953 | 47,720 | 50,470 | 37,780 | 17,500 | 0 |
Cash | 238,880 | 84,367 | 392,539 | 28,491 | 60,000 | 34,096 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,476,250 | 1,546,087 | 1,200,407 | 573,766 | 195,403 | 144,606 | 129,189 |
total assets | 2,542,598 | 1,612,435 | 1,266,755 | 654,146 | 195,703 | 144,606 | 129,189 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 59,489 | 79,431 | 124,401 | 178,574 | 83,756 | 25,214 | 91,559 |
Group/Directors Accounts | 1,349,167 | 90,936 | 165 | 200 | 6,171 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 26,220 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 355,288 | 287,861 | 303,473 | 241,107 | 63,749 | 40,957 | 0 |
total current liabilities | 1,790,164 | 458,228 | 428,039 | 419,881 | 153,676 | 66,171 | 91,559 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 39,740 | 45,370 | 50,000 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 39,740 | 45,370 | 50,000 | 0 | 0 | 0 | 0 |
total liabilities | 1,829,904 | 503,598 | 478,039 | 419,881 | 153,676 | 66,171 | 91,559 |
net assets | 712,694 | 1,108,837 | 788,716 | 234,265 | 42,027 | 78,435 | 37,630 |
total shareholders funds | 712,694 | 1,108,837 | 788,716 | 234,265 | 42,027 | 78,435 | 37,630 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -9,383 | ||||||
Stock | 0 | -47,667 | -7,116 | 54,783 | 0 | 0 | 0 |
Debtors | 775,650 | 701,519 | 255,677 | 395,169 | 24,893 | -18,679 | 129,189 |
Creditors | -19,942 | -44,970 | -54,173 | 94,818 | 58,542 | -66,345 | 91,559 |
Accruals and Deferred Income | 67,427 | -15,612 | 62,366 | 177,358 | 22,792 | 40,957 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 40,000 | 300 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,258,231 | 90,771 | -35 | -5,971 | 6,171 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 26,220 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -5,630 | -4,630 | 50,000 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | 0 | ||||||
cash flow from financing | 100 | ||||||
cash and cash equivalents | |||||||
cash | 154,513 | -308,172 | 364,048 | -31,509 | 25,904 | 34,096 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 154,513 | -308,172 | 364,048 | -31,509 | 25,904 | 34,096 | 0 |
less tax for landlords limited Credit Report and Business Information
Less Tax For Landlords Limited Competitor Analysis
Perform a competitor analysis for less tax for landlords limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TS23 area or any other competitors across 12 key performance metrics.
less tax for landlords limited Ownership
LESS TAX FOR LANDLORDS LIMITED group structure
Less Tax For Landlords Limited has 1 subsidiary company.
Ultimate parent company
1 parent
LESS TAX FOR LANDLORDS LIMITED
09922103
1 subsidiary
less tax for landlords limited directors
Less Tax For Landlords Limited currently has 2 directors. The longest serving directors include Mr Christopher Bailey (Jan 2016) and Mr Malcolm Rose (Mar 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Bailey | England | 58 years | Jan 2016 | - | Director |
Mr Malcolm Rose | England | 64 years | Mar 2016 | - | Director |
P&L
March 2023turnover
2.6m
-6%
operating profit
-403k
0%
gross margin
70.1%
+2.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
712.7k
-0.36%
total assets
2.5m
+0.58%
cash
238.9k
+1.83%
net assets
Total assets minus all liabilities
less tax for landlords limited company details
company number
09922103
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
69203 - Tax consultancy
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
c/o ocg accountants ltd, biz hub tees valley,, billingham, TS23 4EA
Bank
-
Legal Advisor
-
less tax for landlords 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 less tax for landlords limited.
less tax for landlords 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 LESS TAX FOR LANDLORDS LIMITED. This can take several minutes, an email will notify you when this has completed.
less tax for landlords limited Companies House Filings - See Documents
date | description | view/download |
---|