affinity associates accountancy limited
affinity associates accountancy limited Company Information
Company Number
10560559
Next Accounts
Oct 2025
Directors
Shareholders
hiral joshi
bikram joshi
Group Structure
View All
Industry
Tax consultancy
+2Registered Address
98 fleetwood road dollis hil, london, NW10 1NN
Website
www.affinityassociates.comaffinity associates accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of AFFINITY ASSOCIATES ACCOUNTANCY LIMITED at £80.4k based on a Turnover of £126.9k and 0.63x industry multiple (adjusted for size and gross margin).
affinity associates accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of AFFINITY ASSOCIATES ACCOUNTANCY LIMITED at £0 based on an EBITDA of £-5.9k and a 3.74x industry multiple (adjusted for size and gross margin).
affinity associates accountancy limited Estimated Valuation
Pomanda estimates the enterprise value of AFFINITY ASSOCIATES ACCOUNTANCY LIMITED at £0 based on Net Assets of £-2.9k and 3.65x industry multiple (adjusted for liquidity).
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Affinity Associates Accountancy Limited Overview
Affinity Associates Accountancy Limited is a live company located in london, NW10 1NN with a Companies House number of 10560559. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2017, it's largest shareholder is hiral joshi with a 50% stake. Affinity Associates Accountancy Limited is a young, micro sized company, Pomanda has estimated its turnover at £126.9k with healthy growth in recent years.
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Affinity Associates Accountancy Limited Health Check
Pomanda's financial health check has awarded Affinity Associates Accountancy Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £126.9k, make it smaller than the average company (£170.6k)
- Affinity Associates Accountancy Limited
£170.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.2%)
- Affinity Associates Accountancy Limited
6.2% - Industry AVG
Production
with a gross margin of 40.9%, this company has a higher cost of product (79%)
- Affinity Associates Accountancy Limited
79% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (8.2%)
- Affinity Associates Accountancy Limited
8.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Affinity Associates Accountancy Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Affinity Associates Accountancy Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £126.9k, this is more efficient (£73.3k)
- Affinity Associates Accountancy Limited
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 232 days, this is later than average (79 days)
- Affinity Associates Accountancy Limited
79 days - Industry AVG
Creditor Days
its suppliers are paid after 189 days, this is slower than average (23 days)
- Affinity Associates Accountancy Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Affinity Associates Accountancy Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Affinity Associates Accountancy Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (58.4%)
103.6% - Affinity Associates Accountancy Limited
58.4% - Industry AVG
AFFINITY ASSOCIATES ACCOUNTANCY LIMITED financials
Affinity Associates Accountancy Limited's latest turnover from January 2024 is estimated at £126.9 thousand and the company has net assets of -£2.9 thousand. According to their latest financial statements, Affinity Associates Accountancy Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 95 | 536 | 708 | 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 | 95 | 536 | 708 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 80,939 | 72,062 | 51,422 | 52,785 | 3,309 | 10,341 | 1,421 |
| 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 | 80,939 | 72,062 | 51,422 | 52,785 | 3,309 | 10,341 | 1,421 |
| total assets | 81,034 | 72,598 | 52,130 | 52,785 | 3,309 | 10,341 | 1,421 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 38,907 | 21,589 | 12,247 | 6,407 | 13,713 | 9,333 | 532 |
| 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 | 38,907 | 21,589 | 12,247 | 6,407 | 13,713 | 9,333 | 532 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,542 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 41,525 | 48,002 | 50,804 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 45,067 | 48,002 | 50,804 | 50,000 | 0 | 0 | 0 |
| total liabilities | 83,974 | 69,591 | 63,051 | 56,407 | 13,713 | 9,333 | 532 |
| net assets | -2,940 | 3,007 | -10,921 | -3,622 | -10,404 | 1,008 | 889 |
| total shareholders funds | -2,940 | 3,007 | -10,921 | -3,622 | -10,404 | 1,008 | 889 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | |||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,877 | 20,640 | -1,363 | 49,476 | -7,032 | 8,920 | 1,421 |
| Creditors | 17,318 | 9,342 | 5,840 | -7,306 | 4,380 | 8,801 | 532 |
| Accruals and Deferred Income | 3,542 | 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 | -6,477 | -2,802 | 804 | 50,000 | 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 |
affinity associates accountancy limited Credit Report and Business Information
Affinity Associates Accountancy Limited Competitor Analysis
Perform a competitor analysis for affinity associates accountancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in NW10 area or any other competitors across 12 key performance metrics.
affinity associates accountancy limited Ownership
AFFINITY ASSOCIATES ACCOUNTANCY LIMITED group structure
Affinity Associates Accountancy Limited has no subsidiary companies.
Ultimate parent company
AFFINITY ASSOCIATES ACCOUNTANCY LIMITED
10560559
affinity associates accountancy limited directors
Affinity Associates Accountancy Limited currently has 1 director, Mr Bikram Joshi serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bikram Joshi | United Kingdom | 49 years | Jan 2017 | - | Director |
P&L
January 2024turnover
126.9k
+22%
operating profit
-5.9k
0%
gross margin
40.9%
-4.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-2.9k
-1.98%
total assets
81k
+0.12%
cash
0
0%
net assets
Total assets minus all liabilities
affinity associates accountancy limited company details
company number
10560559
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69203 - Tax consultancy
69202 - Bookkeeping activities
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
98 fleetwood road dollis hil, london, NW10 1NN
Bank
-
Legal Advisor
-
affinity associates 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 affinity associates accountancy limited.
affinity associates accountancy 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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affinity associates accountancy limited Companies House Filings - See Documents
| date | description | view/download |
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