davies accountancy limited
davies accountancy limited Company Information
Company Number
10476566
Registered Address
pencoed quarry brow, pant lane, gresford, wrexham, LL12 8SJ
Industry
Accounting, and auditing activities
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Directors
Victoria Davies7 Years
Shareholders
victoria davies 80%
steffan davies 20%
davies accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of DAVIES ACCOUNTANCY LIMITED at £28.9k based on a Turnover of £34.8k and 0.83x industry multiple (adjusted for size and gross margin).
davies accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of DAVIES ACCOUNTANCY LIMITED at £57.8k based on an EBITDA of £12.3k and a 4.71x industry multiple (adjusted for size and gross margin).
davies accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of DAVIES ACCOUNTANCY LIMITED at £42.5k based on Net Assets of £14k and 3.03x industry multiple (adjusted for liquidity).
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Davies Accountancy Limited Overview
Davies Accountancy Limited is a live company located in wrexham, LL12 8SJ with a Companies House number of 10476566. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2016, it's largest shareholder is victoria davies with a 80% stake. Davies Accountancy Limited is a young, micro sized company, Pomanda has estimated its turnover at £34.8k with high growth in recent years.
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Davies Accountancy Limited Health Check
Pomanda's financial health check has awarded Davies Accountancy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £34.8k, make it smaller than the average company (£127.7k)
- Davies Accountancy Limited
£127.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (6.4%)
- Davies Accountancy Limited
6.4% - Industry AVG
Production
with a gross margin of 74.8%, this company has a comparable cost of product (74.8%)
- Davies Accountancy Limited
74.8% - Industry AVG
Profitability
an operating margin of 35.3% make it more profitable than the average company (13.9%)
- Davies Accountancy Limited
13.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Davies Accountancy Limited
3 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Davies Accountancy Limited
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £34.8k, this is less efficient (£73k)
- Davies Accountancy Limited
£73k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is earlier than average (88 days)
- Davies Accountancy Limited
88 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Davies Accountancy Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Davies Accountancy Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (20 weeks)
69 weeks - Davies Accountancy Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.5%, this is a lower level of debt than the average (58.6%)
31.5% - Davies Accountancy Limited
58.6% - Industry AVG
DAVIES ACCOUNTANCY LIMITED financials
Davies Accountancy Limited's latest turnover from November 2023 is estimated at £34.8 thousand and the company has net assets of £14 thousand. According to their latest financial statements, Davies Accountancy Limited has 1 employee and maintains cash reserves of £8.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 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 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,477 | 7,477 | 7,477 | 9,883 | 12,274 | 14,302 | 14,455 |
| 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 | 7,477 | 7,477 | 7,477 | 9,883 | 12,274 | 14,302 | 14,455 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,316 | 5,964 | 1,722 | 625 | 1,727 | 5,156 | 7,703 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,634 | 5,189 | 6,427 | 7,309 | 7,622 | 12,238 | 0 |
| misc current assets | 0 | 0 | 0 | 7,185 | 7,190 | 0 | 0 |
| total current assets | 12,950 | 11,153 | 8,149 | 15,119 | 16,539 | 17,394 | 7,703 |
| total assets | 20,427 | 18,630 | 15,626 | 25,002 | 28,813 | 31,696 | 22,158 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 7,279 | 8,450 | 873 | 0 |
| Group/Directors Accounts | 3,612 | 2,716 | 2,347 | 0 | 0 | 17,750 | 4,769 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,812 | 11,387 | 2,780 | 2,537 | 11,659 | 12,438 | 11,431 |
| total current liabilities | 6,424 | 14,103 | 5,127 | 9,816 | 20,109 | 31,061 | 16,200 |
| 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 | 8,239 | 7,642 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 8,239 | 7,642 | 0 | 0 | 0 |
| total liabilities | 6,424 | 14,103 | 13,366 | 17,458 | 20,109 | 31,061 | 16,200 |
| net assets | 14,003 | 4,527 | 2,260 | 7,544 | 8,704 | 635 | 5,958 |
| total shareholders funds | 14,003 | 4,527 | 2,260 | 7,544 | 8,704 | 635 | 5,958 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 1,896 | 2,676 | 2,676 | 2,894 | 2,720 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,648 | 4,242 | 1,097 | -1,102 | -3,429 | -2,547 | 7,703 |
| Creditors | 0 | 0 | -7,279 | -1,171 | 7,577 | 873 | 0 |
| Accruals and Deferred Income | -8,575 | 8,607 | 243 | -9,122 | -779 | 1,007 | 11,431 |
| 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 | 896 | 369 | 2,347 | 0 | -17,750 | 12,981 | 4,769 |
| 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 | -8,239 | 597 | 7,642 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 3,445 | -1,238 | -882 | -313 | -4,616 | 12,238 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,445 | -1,238 | -882 | -313 | -4,616 | 12,238 | 0 |
davies accountancy limited Credit Report and Business Information
Davies Accountancy Limited Competitor Analysis
Perform a competitor analysis for davies accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LL12 area or any other competitors across 12 key performance metrics.
davies accountancy limited Ownership
DAVIES ACCOUNTANCY LIMITED group structure
Davies Accountancy Limited has no subsidiary companies.
Ultimate parent company
DAVIES ACCOUNTANCY LIMITED
10476566
davies accountancy limited directors
Davies Accountancy Limited currently has 1 director, Mrs Victoria Davies serving since Nov 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Victoria Davies | Wales | 41 years | Nov 2016 | - | Director |
P&L
November 2023turnover
34.8k
-2%
operating profit
12.3k
0%
gross margin
74.8%
+11.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
14k
+2.09%
total assets
20.4k
+0.1%
cash
8.6k
+0.66%
net assets
Total assets minus all liabilities
davies accountancy limited company details
company number
10476566
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
pencoed quarry brow, pant lane, gresford, wrexham, LL12 8SJ
Bank
-
Legal Advisor
-
davies accountancy 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 davies accountancy limited.
davies accountancy limited Companies House Filings - See Documents
| date | description | view/download |
|---|
