tax refunds made simple limited

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tax refunds made simple limited Company Information

Share TAX REFUNDS MADE SIMPLE LIMITED

Company Number

10327727

Shareholders

graeme kevin morris

Group Structure

View All

Industry

Accounting, and auditing activities

 +2

Registered Address

151b bury new road, whitefield, manchester, greater manchester, M45 6AA

Website

-

tax refunds made simple limited Estimated Valuation

£64.6k

Pomanda estimates the enterprise value of TAX REFUNDS MADE SIMPLE LIMITED at £64.6k based on a Turnover of £76k and 0.85x industry multiple (adjusted for size and gross margin).

tax refunds made simple limited Estimated Valuation

£0

Pomanda estimates the enterprise value of TAX REFUNDS MADE SIMPLE LIMITED at £0 based on an EBITDA of £0 and a 5.02x industry multiple (adjusted for size and gross margin).

tax refunds made simple limited Estimated Valuation

£5k

Pomanda estimates the enterprise value of TAX REFUNDS MADE SIMPLE LIMITED at £5k based on Net Assets of £1.4k and 3.66x industry multiple (adjusted for liquidity).

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Tax Refunds Made Simple Limited Overview

Tax Refunds Made Simple Limited is a live company located in manchester, M45 6AA with a Companies House number of 10327727. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2016, it's largest shareholder is graeme kevin morris with a 100% stake. Tax Refunds Made Simple Limited is a young, micro sized company, Pomanda has estimated its turnover at £76k with declining growth in recent years.

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Tax Refunds Made Simple Limited Health Check

Pomanda's financial health check has awarded Tax Refunds Made Simple Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £76k, make it smaller than the average company (£166.9k)

£76k - Tax Refunds Made Simple Limited

£166.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.1%)

-1% - Tax Refunds Made Simple Limited

8.1% - Industry AVG

production

Production

with a gross margin of 83.5%, this company has a comparable cost of product (83.5%)

83.5% - Tax Refunds Made Simple Limited

83.5% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Tax Refunds Made Simple Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Tax Refunds Made Simple Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)

£38.3k - Tax Refunds Made Simple Limited

£38.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £76k, this is equally as efficient (£76k)

£76k - Tax Refunds Made Simple Limited

£76k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Tax Refunds Made Simple Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Tax Refunds Made Simple Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tax Refunds Made Simple Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tax Refunds Made Simple Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97%, this is a higher level of debt than the average (60.5%)

97% - Tax Refunds Made Simple Limited

60.5% - Industry AVG

TAX REFUNDS MADE SIMPLE LIMITED financials

EXPORTms excel logo

Tax Refunds Made Simple Limited's latest turnover from September 2024 is estimated at £76 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, Tax Refunds Made Simple Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover75,98071,153163,64978,65381,48282,541103,11857,936
Other Income Or Grants00000000
Cost Of Sales12,55114,06627,5228,5188,9772,7809,5706,445
Gross Profit63,42957,087136,12770,13672,50579,76293,54951,491
Admin Expenses63,42957,218106,91870,13772,50679,722115,80151,419
Operating Profit0-13129,209-1-140-22,25272
Interest Payable000004710048
Interest Receivable01265211881
Pre-Tax Profit0-529,260001-22,34425
Tax00-5,5590000-5
Profit After Tax0-523,701001-22,34420
Dividends Paid00000000
Retained Profit0-523,701001-22,34420
Employee Costs38,27330,72330,05326,11922,18929,84154,81327,303
Number Of Employees11111121
EBITDA*0-13129,209-1-140-21,552772

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets002,0974,1944,1944,1944,1942,097
Intangible Assets00000000
Investments & Other00000000
Debtors (Due After 1 year)232232000000
Total Fixed Assets2322322,0974,1944,1944,1944,1942,097
Stock & work in progress00020,25020,25020,25020,25020,250
Trade Debtors0044,25021,74221,74221,74221,74210,989
Group Debtors46,24246,242000000
Misc Debtors00000000
Cash004,8121,1161,1161,1161,116931
misc current assets00000000
total current assets46,24246,24249,06243,10843,10843,10843,10832,170
total assets46,47446,47451,15947,30247,30247,30247,30234,267
Bank overdraft0000001,4001,550
Bank loan00000000
Trade Creditors 0044,18966,08966,08966,08912,2898,346
Group/Directors Accounts45,10045,100000025,2692,924
other short term finances00000000
hp & lease commitments00000000
other current liabilities00000027,13219,795
total current liabilities45,10045,10044,18966,08966,08966,08966,09032,615
loans00000000
hp & lease commitments00000000
Accruals and Deferred Income00000000
other liabilities005,5913,5353,5353,5353,5351,631
provisions00000000
total long term liabilities005,5913,5353,5353,5353,5351,631
total liabilities45,10045,10049,78069,62469,62469,62469,62534,246
net assets1,3741,3741,379-22,322-22,322-22,322-22,32321
total shareholders funds1,3741,3741,379-22,322-22,322-22,322-22,32321
Sep 2024Sep 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit0-13129,209-1-140-22,25272
Depreciation000000700700
Amortisation00000000
Tax00-5,5590000-5
Stock00-20,250000020,250
Debtors02,22422,50800010,75310,989
Creditors0-44,189-21,9000053,8003,9438,346
Accruals and Deferred Income00000-27,1327,33719,795
Deferred Taxes & Provisions00000000
Cash flow from operations0-46,544-508-1-126,708-21,025-2,331
Investing Activities
capital expenditure02,0972,097000-2,797-2,797
Change in Investments00000000
cash flow from investments02,0972,097000-2,797-2,797
Financing Activities
Bank loans00000000
Group/Directors Accounts045,100000-25,26922,3452,924
Other Short Term Loans 00000000
Long term loans00000000
Hire Purchase and Lease Commitments00000000
other long term liabilities0-5,5912,0560001,9041,631
share issue00000001
interest01265211-39-92-47
cash flow from financing039,6352,10811-25,30824,1574,509
cash and cash equivalents
cash0-4,8123,696000185931
overdraft00000-1,400-1501,550
change in cash0-4,8123,696001,400335-619

tax refunds made simple limited 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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Tax Refunds Made Simple Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for tax refunds made simple limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M45 area or any other competitors across 12 key performance metrics.

tax refunds made simple limited Ownership

TAX REFUNDS MADE SIMPLE LIMITED group structure

Tax Refunds Made Simple Limited has no subsidiary companies.

Ultimate parent company

TAX REFUNDS MADE SIMPLE LIMITED

10327727

TAX REFUNDS MADE SIMPLE LIMITED Shareholders

graeme kevin morris 100%

tax refunds made simple limited directors

Tax Refunds Made Simple Limited currently has 2 directors. The longest serving directors include Mr Graeme Morris (Aug 2019) and Mr Graeme Morris (Aug 2019).

officercountryagestartendrole
Mr Graeme MorrisUnited Kingdom61 years Aug 2019- Director
Mr Graeme MorrisUnited Kingdom61 years Aug 2019- Director

P&L

September 2024

turnover

76k

+7%

operating profit

0

0%

gross margin

83.5%

+4.05%

turnover

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

Balance Sheet

September 2024

net assets

1.4k

0%

total assets

46.5k

0%

cash

0

0%

net assets

Total assets minus all liabilities

tax refunds made simple limited company details

company number

10327727

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

August 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

N/A

accountant

-

auditor

-

address

151b bury new road, whitefield, manchester, greater manchester, M45 6AA

Bank

-

Legal Advisor

-

tax refunds made simple 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 tax refunds made simple limited.

tax refunds made simple 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.

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tax refunds made simple limited Companies House Filings - See Documents

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