accurate accounting and advice limited
accurate accounting and advice limited Company Information
Company Number
10538822
Website
-Registered Address
12 russell road, partington, manchester, M31 4DZ
Industry
Bookkeeping activities
Accounting, and auditing activities
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Michaela Ryan7 Years
Shareholders
michael ryan 100%
accurate accounting and advice limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURATE ACCOUNTING AND ADVICE LIMITED at £6.6k based on a Turnover of £8.4k and 0.79x industry multiple (adjusted for size and gross margin).
accurate accounting and advice limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURATE ACCOUNTING AND ADVICE LIMITED at £6.6k based on an EBITDA of £1.7k and a 3.92x industry multiple (adjusted for size and gross margin).
accurate accounting and advice limited Estimated Valuation
Pomanda estimates the enterprise value of ACCURATE ACCOUNTING AND ADVICE LIMITED at £2.8k based on Net Assets of £767 and 3.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Accurate Accounting And Advice Limited Overview
Accurate Accounting And Advice Limited is a dissolved company that was located in manchester, M31 4DZ with a Companies House number of 10538822. It operated in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2016, it's largest shareholder was michael ryan with a 100% stake. The last turnover for Accurate Accounting And Advice Limited was estimated at £8.4k.
Upgrade for unlimited company reports & a free credit check
Accurate Accounting And Advice Limited Health Check
Pomanda's financial health check has awarded Accurate Accounting And Advice Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £8.4k, make it smaller than the average company (£89.9k)
£8.4k - Accurate Accounting And Advice Limited
£89.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Accurate Accounting And Advice Limited
- - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (88.6%)
54.4% - Accurate Accounting And Advice Limited
88.6% - Industry AVG
Profitability
an operating margin of 20.1% make it as profitable than the average company (20.1%)
20.1% - Accurate Accounting And Advice Limited
20.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Accurate Accounting And Advice Limited
2 - Industry AVG
Pay Structure
on an average salary of £6.2k, the company has a lower pay structure (£18.1k)
£6.2k - Accurate Accounting And Advice Limited
£18.1k - Industry AVG
Efficiency
resulting in sales per employee of £8.4k, this is less efficient (£61k)
£8.4k - Accurate Accounting And Advice Limited
£61k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is earlier than average (79 days)
47 days - Accurate Accounting And Advice Limited
79 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (23 days)
54 days - Accurate Accounting And Advice Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Accurate Accounting And Advice Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Accurate Accounting And Advice Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.5%, this is a lower level of debt than the average (55.3%)
42.5% - Accurate Accounting And Advice Limited
55.3% - Industry AVG
ACCURATE ACCOUNTING AND ADVICE LIMITED financials
Accurate Accounting And Advice Limited's latest turnover from December 2019 is £8.4 thousand and the company has net assets of £767. According to their latest financial statements, Accurate Accounting And Advice Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Turnover | 8,400 | 2,100 | 357 |
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 |
| Pre-Tax Profit | 1,662 | 1,235 | -57 |
| Tax | -294 | -220 | 0 |
| Profit After Tax | 1,368 | 1,015 | -57 |
| Dividends Paid | 0 | 0 | 0 |
| Retained Profit | 1,368 | 1,015 | -57 |
| Employee Costs | 6,155 | 0 | 0 |
| Number Of Employees | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Tangible Assets | 237 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 237 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 1,097 | 2,176 | 127 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,097 | 2,176 | 127 |
| total assets | 1,334 | 2,176 | 127 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 567 | 0 | 150 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 567 | 0 | 150 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 567 | 0 | 150 |
| net assets | 767 | 2,176 | -23 |
| total shareholders funds | 767 | 2,176 | -23 |
| Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | -294 | -220 | 0 |
| Stock | 0 | 0 | 0 |
| Debtors | -1,079 | 2,049 | 127 |
| Creditors | 567 | -150 | 150 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | 0 | 0 |
| cash flow from financing | -2,777 | 1,184 | 34 |
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
accurate accounting and advice limited Credit Report and Business Information
Accurate Accounting And Advice Limited Competitor Analysis
Perform a competitor analysis for accurate accounting and advice limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in M31 area or any other competitors across 12 key performance metrics.
accurate accounting and advice limited Ownership
ACCURATE ACCOUNTING AND ADVICE LIMITED group structure
Accurate Accounting And Advice Limited has no subsidiary companies.
Ultimate parent company
ACCURATE ACCOUNTING AND ADVICE LIMITED
10538822
accurate accounting and advice limited directors
Accurate Accounting And Advice Limited currently has 1 director, Miss Michaela Ryan serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Michaela Ryan | England | 35 years | Dec 2016 | - | Director |
P&L
December 2019turnover
8.4k
+300%
operating profit
1.7k
0%
gross margin
54.4%
-13.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
767
-0.65%
total assets
1.3k
-0.39%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
accurate accounting and advice limited company details
company number
10538822
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69201 - Accounting, and auditing activities
incorporation date
December 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2019
address
12 russell road, partington, manchester, M31 4DZ
accountant
-
auditor
-
accurate accounting and advice 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 accurate accounting and advice limited.
accurate accounting and advice limited Companies House Filings - See Documents
| date | description | view/download |
|---|
