suite 110w sterling house, langston road, loughton, IG10 3TS
Website
-
business accountants services ltdEstimated Valuation
£51.9k
Pomanda estimates the enterprise value of BUSINESS ACCOUNTANTS SERVICES LTD at £51.9k based on a Turnover of £98.6k and 0.53x industry multiple (adjusted for size and gross margin).
business accountants services ltdEstimated Valuation
£38.4k
Pomanda estimates the enterprise value of BUSINESS ACCOUNTANTS SERVICES LTD at £38.4k based on an EBITDA of £14.5k and a 2.64x industry multiple (adjusted for size and gross margin).
business accountants services ltdEstimated Valuation
£56k
Pomanda estimates the enterprise value of BUSINESS ACCOUNTANTS SERVICES LTD at £56k based on Net Assets of £20.4k and 2.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Business Accountants Services LtdOverview
Business Accountants Services Ltd is a live company located in loughton, IG10 3TS with a Companies House number of 09946823. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in January 2016, it's largest shareholder is
rashna rashid
with a 100% stake. Business Accountants Services Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£98.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Business Accountants Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 0 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
6 Regular
0 Weak
Size
annual sales of £98.6k, make it in line with the average company (£82.6k)
£98.6k - Business Accountants Services Ltd
£82.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.9%)
11% - Business Accountants Services Ltd
4.9% - Industry AVG
Production
with a gross margin of 63.6%, this company has a comparable cost of product (63.6%)
63.6% - Business Accountants Services Ltd
63.6% - Industry AVG
Profitability
an operating margin of 14.6% make it more profitable than the average company (6.5%)
14.6% - Business Accountants Services Ltd
6.5% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Business Accountants Services Ltd
2 - Industry AVG
Pay Structure
on an average salary of £16.4k, the company has an equivalent pay structure (£16.4k)
£16.4k - Business Accountants Services Ltd
£16.4k - Industry AVG
Efficiency
resulting in sales per employee of £49.3k, this is equally as efficient (£51.9k)
£49.3k - Business Accountants Services Ltd
£51.9k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (68 days)
67 days - Business Accountants Services Ltd
68 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Business Accountants Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Business Accountants Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 59 weeks, this is more cash available to meet short term requirements (36 weeks)
59 weeks - Business Accountants Services Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.7%, this is a lower level of debt than the average (69.9%)
36.7% - Business Accountants Services Ltd
69.9% - Industry AVG
BUSINESS ACCOUNTANTS SERVICES LTD financials
EXPORT
Business Accountants Services Ltd's latest turnover from January 2024 is estimated at £98.6 thousand and the company has net assets of £20.4 thousand. According to their latest financial statements, Business Accountants Services Ltd has 2 employees and maintains cash reserves of £13.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Turnover
98,638
57,551
173,854
72,471
125,803
10,085
17,826
10,329
Other Income Or Grants
Cost Of Sales
35,919
14,727
34,695
4,410
11,217
481
982
691
Gross Profit
62,719
42,824
139,159
68,061
114,586
9,605
16,844
9,638
Admin Expenses
48,294
33,663
135,214
55,513
111,746
6,136
22,398
14,482
Operating Profit
14,425
9,161
3,945
12,548
2,840
3,469
-5,554
-4,844
Interest Payable
1,821
3,107
2,933
1,525
Interest Receivable
872
738
58
16
61
50
26
6
Pre-Tax Profit
13,476
6,793
1,070
11,040
2,901
3,519
-5,528
-4,838
Tax
-3,369
-1,291
-203
-2,098
-551
-669
Profit After Tax
10,107
5,502
867
8,942
2,350
2,850
-5,528
-4,838
Dividends Paid
Retained Profit
10,107
5,502
867
8,942
2,350
2,850
-5,528
-4,838
Employee Costs
32,746
15,850
16,073
34,599
41,400
13,027
20,524
25,646
Number Of Employees
2
1
1
2
3
1
1
1
EBITDA*
14,533
9,293
4,105
12,743
3,078
3,759
-5,122
-4,412
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Tangible Assets
491
599
731
891
1,086
1,324
1,614
1,968
Intangible Assets
Investments & Other
50,720
Debtors (Due After 1 year)
4,555
Total Fixed Assets
491
599
731
51,611
1,086
1,324
1,614
6,523
Stock & work in progress
Trade Debtors
18,177
12,800
50,720
3,266
Group Debtors
Misc Debtors
Cash
13,495
19,724
22,473
24,178
8,795
7,544
5,686
4,592
misc current assets
total current assets
31,672
32,524
73,193
24,178
8,795
7,544
8,952
4,592
total assets
32,163
33,123
73,924
75,789
9,881
8,868
10,566
11,115
Bank overdraft
10,822
11,075
11,232
3,333
Bank loan
Trade Creditors
25,321
20,776
14,858
16,284
20,832
15,853
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
989
1,321
1,137
89
total current liabilities
11,811
12,396
36,553
25,246
14,947
16,284
20,832
15,853
loans
10,482
32,628
46,667
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
10,482
32,628
46,667
total liabilities
11,811
22,878
69,181
71,913
14,947
16,284
20,832
15,853
net assets
20,352
10,245
4,743
3,876
-5,066
-7,416
-10,266
-4,738
total shareholders funds
20,352
10,245
4,743
3,876
-5,066
-7,416
-10,266
-4,738
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Operating Activities
Operating Profit
14,425
9,161
3,945
12,548
2,840
3,469
-5,554
-4,844
Depreciation
108
132
160
195
238
290
432
432
Amortisation
Tax
-3,369
-1,291
-203
-2,098
-551
-669
Stock
Debtors
5,377
-37,920
50,720
-3,266
-1,289
4,555
Creditors
-25,321
4,545
5,918
-1,426
-4,548
4,979
15,853
Accruals and Deferred Income
-332
1,321
-1,137
1,048
89
Deferred Taxes & Provisions
Cash flow from operations
5,455
21,922
-43,410
17,611
1,190
1,808
1,146
6,886
Investing Activities
capital expenditure
-78
-2,400
Change in Investments
-50,720
50,720
cash flow from investments
50,720
-50,720
-78
-2,400
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-10,482
-22,146
-14,039
46,667
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-949
-2,369
-2,875
-1,509
61
50
26
6
cash flow from financing
-11,431
-24,515
-16,914
45,158
61
50
26
106
cash and cash equivalents
cash
-6,229
-2,749
-1,705
15,383
1,251
1,858
1,094
4,592
overdraft
-253
-157
7,899
3,333
change in cash
-5,976
-2,592
-9,604
12,050
1,251
1,858
1,094
4,592
business accountants services ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for business accountants services ltd. Get real-time insights into business accountants services ltd's credit score, group structure and payment trends.
Business Accountants Services Ltd Competitor Analysis
Perform a competitor analysis for business accountants services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG10 area or any other competitors across 12 key performance metrics.
business accountants services ltd Ownership
BUSINESS ACCOUNTANTS SERVICES LTD group structure
Business Accountants Services Ltd has no subsidiary companies.
Ultimate parent company
BUSINESS ACCOUNTANTS SERVICES LTD
09946823
BUSINESS ACCOUNTANTS SERVICES LTD Shareholders
The sole shareholder of Business Accountants Services Ltd is Rashna Rashid.
rashna rashid
100%
business accountants services ltd directors
Business Accountants Services Ltd currently has 1 director, Ms Rashna Rashid serving since Mar 2018.
suite 110w sterling house, langston road, loughton, IG10 3TS
Bank
-
Legal Advisor
-
business accountants services 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 business accountants services ltd.
business accountants services 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 BUSINESS ACCOUNTANTS SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
business accountants services ltdCompanies House Filings - See Documents
