joe higgins accountancy services limited
joe higgins accountancy services limited Company Information
Company Number
10133773
Website
-Registered Address
3 woodstock rise, hasland, chesterfield, derbyshire, S41 0HT
Industry
Accounting, and auditing activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Joe Higgins8 Years
Shareholders
joe higgins 80%
jacob higgins 20%
joe higgins accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of JOE HIGGINS ACCOUNTANCY SERVICES LIMITED at £139.9k based on a Turnover of £204.3k and 0.69x industry multiple (adjusted for size and gross margin).
joe higgins accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of JOE HIGGINS ACCOUNTANCY SERVICES LIMITED at £65k based on an EBITDA of £16.8k and a 3.88x industry multiple (adjusted for size and gross margin).
joe higgins accountancy services limited Estimated Valuation
Pomanda estimates the enterprise value of JOE HIGGINS ACCOUNTANCY SERVICES LIMITED at £147.4k based on Net Assets of £48.6k and 3.03x industry multiple (adjusted for liquidity).
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Joe Higgins Accountancy Services Limited Overview
Joe Higgins Accountancy Services Limited is a live company located in chesterfield, S41 0HT with a Companies House number of 10133773. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2016, it's largest shareholder is joe higgins with a 80% stake. Joe Higgins Accountancy Services Limited is a young, micro sized company, Pomanda has estimated its turnover at £204.3k with high growth in recent years.
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Joe Higgins Accountancy Services Limited Health Check
Pomanda's financial health check has awarded Joe Higgins Accountancy Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £204.3k, make it larger than the average company (£139.3k)
- Joe Higgins Accountancy Services Limited
£139.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.3%)
- Joe Higgins Accountancy Services Limited
6.3% - Industry AVG
Production
with a gross margin of 48.4%, this company has a higher cost of product (71.4%)
- Joe Higgins Accountancy Services Limited
71.4% - Industry AVG
Profitability
an operating margin of 8.2% make it less profitable than the average company (17.3%)
- Joe Higgins Accountancy Services Limited
17.3% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Joe Higgins Accountancy Services Limited
3 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Joe Higgins Accountancy Services Limited
£20k - Industry AVG
Efficiency
resulting in sales per employee of £68.1k, this is equally as efficient (£71.1k)
- Joe Higgins Accountancy Services Limited
£71.1k - Industry AVG
Debtor Days
it gets paid by customers after 219 days, this is later than average (95 days)
- Joe Higgins Accountancy Services Limited
95 days - Industry AVG
Creditor Days
its suppliers are paid after 104 days, this is slower than average (26 days)
- Joe Higgins Accountancy Services Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Joe Higgins Accountancy Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Joe Higgins Accountancy Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.6%, this is a similar level of debt than the average (57.3%)
60.6% - Joe Higgins Accountancy Services Limited
57.3% - Industry AVG
JOE HIGGINS ACCOUNTANCY SERVICES LIMITED financials
Joe Higgins Accountancy Services Limited's latest turnover from April 2023 is estimated at £204.3 thousand and the company has net assets of £48.6 thousand. According to their latest financial statements, Joe Higgins Accountancy Services Limited has 3 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 | 3 | 4 | 3 | 3 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 527 | 659 | 824 | 1,030 | 1,288 | 690 | 720 |
| 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 | 527 | 659 | 824 | 1,030 | 1,288 | 690 | 720 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 122,890 | 92,983 | 68,068 | 54,606 | 54,624 | 32,756 | 21,025 |
| 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 | 122,890 | 92,983 | 68,068 | 54,606 | 54,624 | 32,756 | 21,025 |
| total assets | 123,417 | 93,642 | 68,892 | 55,636 | 55,912 | 33,446 | 21,745 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 30,091 | 21,496 | 9,478 | 10,616 | 44,208 | 30,450 | 21,313 |
| 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 | 30,091 | 21,496 | 9,478 | 10,616 | 44,208 | 30,450 | 21,313 |
| 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 | 44,734 | 36,125 | 28,464 | 23,774 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 44,734 | 36,125 | 28,464 | 23,774 | 0 | 0 | 0 |
| total liabilities | 74,825 | 57,621 | 37,942 | 34,390 | 44,208 | 30,450 | 21,313 |
| net assets | 48,592 | 36,021 | 30,950 | 21,246 | 11,704 | 2,996 | 432 |
| total shareholders funds | 48,592 | 36,021 | 30,950 | 21,246 | 11,704 | 2,996 | 432 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 29,907 | 24,915 | 13,462 | -18 | 21,868 | 11,731 | 21,025 |
| Creditors | 8,595 | 12,018 | -1,138 | -33,592 | 13,758 | 9,137 | 21,313 |
| 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 | 8,609 | 7,661 | 4,690 | 23,774 | 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 |
joe higgins accountancy services limited Credit Report and Business Information
Joe Higgins Accountancy Services Limited Competitor Analysis
Perform a competitor analysis for joe higgins accountancy services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in S41 area or any other competitors across 12 key performance metrics.
joe higgins accountancy services limited Ownership
JOE HIGGINS ACCOUNTANCY SERVICES LIMITED group structure
Joe Higgins Accountancy Services Limited has no subsidiary companies.
Ultimate parent company
JOE HIGGINS ACCOUNTANCY SERVICES LIMITED
10133773
joe higgins accountancy services limited directors
Joe Higgins Accountancy Services Limited currently has 1 director, Mr Joe Higgins serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joe Higgins | England | 68 years | Apr 2016 | - | Director |
P&L
April 2023turnover
204.3k
+21%
operating profit
16.8k
0%
gross margin
48.5%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
48.6k
+0.35%
total assets
123.4k
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
joe higgins accountancy services limited company details
company number
10133773
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
3 woodstock rise, hasland, chesterfield, derbyshire, S41 0HT
Bank
-
Legal Advisor
-
joe higgins accountancy services 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 joe higgins accountancy services limited.
joe higgins accountancy services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
