hkl accountants limited
hkl accountants limited Company Information
Company Number
10121984
Next Accounts
Jan 2025
Industry
Accounting, and auditing activities
Bookkeeping activities
Shareholders
haris tariq khawaja
Group Structure
View All
Contact
Registered Address
45 cheriton avenue, ilford, IG5 0QL
Website
www.hk-accountancy.co.ukhkl accountants limited Estimated Valuation
Pomanda estimates the enterprise value of HKL ACCOUNTANTS LIMITED at £18.6k based on a Turnover of £30.9k and 0.6x industry multiple (adjusted for size and gross margin).
hkl accountants limited Estimated Valuation
Pomanda estimates the enterprise value of HKL ACCOUNTANTS LIMITED at £0 based on an EBITDA of £-903 and a 3.69x industry multiple (adjusted for size and gross margin).
hkl accountants limited Estimated Valuation
Pomanda estimates the enterprise value of HKL ACCOUNTANTS LIMITED at £521 based on Net Assets of £156 and 3.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hkl Accountants Limited Overview
Hkl Accountants Limited is a live company located in ilford, IG5 0QL with a Companies House number of 10121984. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2016, it's largest shareholder is haris tariq khawaja with a 100% stake. Hkl Accountants Limited is a young, micro sized company, Pomanda has estimated its turnover at £30.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hkl Accountants Limited Health Check
Pomanda's financial health check has awarded Hkl Accountants Limited a 1.5 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
3 Regular
6 Weak
Size
annual sales of £30.9k, make it smaller than the average company (£110.8k)
- Hkl Accountants Limited
£110.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (5.5%)
- Hkl Accountants Limited
5.5% - Industry AVG
Production
with a gross margin of 44.9%, this company has a higher cost of product (72.5%)
- Hkl Accountants Limited
72.5% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (13.1%)
- Hkl Accountants Limited
13.1% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Hkl Accountants Limited
2 - Industry AVG
Pay Structure
on an average salary of £17.5k, the company has an equivalent pay structure (£17.5k)
- Hkl Accountants Limited
£17.5k - Industry AVG
Efficiency
resulting in sales per employee of £15.5k, this is less efficient (£56.8k)
- Hkl Accountants Limited
£56.8k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is near the average (84 days)
- Hkl Accountants Limited
84 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (15 days)
- Hkl Accountants Limited
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hkl Accountants Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hkl Accountants Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.6%, this is a higher level of debt than the average (62.9%)
97.6% - Hkl Accountants Limited
62.9% - Industry AVG
HKL ACCOUNTANTS LIMITED financials
Hkl Accountants Limited's latest turnover from April 2023 is estimated at £30.9 thousand and the company has net assets of £156. According to their latest financial statements, Hkl Accountants Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 5,100 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 5,100 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,462 | 4,165 | 11,759 | 12,298 | 514 | 1,746 | 112 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,462 | 4,165 | 11,759 | 12,298 | 514 | 1,746 | 112 |
| total assets | 6,462 | 9,265 | 11,759 | 12,298 | 514 | 1,746 | 112 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,306 | 8,206 | 10,000 | 4,391 | 477 | 3,457 | 3,275 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,306 | 8,206 | 10,000 | 4,391 | 477 | 3,457 | 3,275 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,306 | 8,206 | 10,000 | 4,391 | 477 | 3,457 | 3,275 |
| net assets | 156 | 1,059 | 1,759 | 7,907 | 37 | -1,711 | -3,163 |
| total shareholders funds | 156 | 1,059 | 1,759 | 7,907 | 37 | -1,711 | -3,163 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,297 | -7,594 | -539 | 11,784 | -1,232 | 1,634 | 112 |
| Creditors | -1,900 | -1,794 | 5,609 | 3,914 | -2,980 | 182 | 3,275 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hkl accountants limited Credit Report and Business Information
Hkl Accountants Limited Competitor Analysis
Perform a competitor analysis for hkl accountants limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG5 area or any other competitors across 12 key performance metrics.
hkl accountants limited Ownership
HKL ACCOUNTANTS LIMITED group structure
Hkl Accountants Limited has no subsidiary companies.
Ultimate parent company
HKL ACCOUNTANTS LIMITED
10121984
hkl accountants limited directors
Hkl Accountants Limited currently has 2 directors. The longest serving directors include Mr Haris Khawaja (Apr 2016) and Mrs Sanna Butt (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Haris Khawaja | England | 39 years | Apr 2016 | - | Director |
| Mrs Sanna Butt | England | 36 years | Apr 2023 | - | Director |
P&L
April 2023turnover
30.9k
+12%
operating profit
-903
0%
gross margin
44.9%
-6.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
156
-0.85%
total assets
6.5k
-0.3%
cash
0
0%
net assets
Total assets minus all liabilities
hkl accountants limited company details
company number
10121984
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
hklfs (uk) limited (May 2018)
accountant
-
auditor
-
address
45 cheriton avenue, ilford, IG5 0QL
Bank
-
Legal Advisor
-
hkl accountants 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 hkl accountants limited.
hkl accountants 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 HKL ACCOUNTANTS LIMITED. This can take several minutes, an email will notify you when this has completed.
hkl accountants limited Companies House Filings - See Documents
| date | description | view/download |
|---|
