sqk accountancy ltd

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sqk accountancy ltd Company Information

Share SQK ACCOUNTANCY LTD

Company Number

10605431

Shareholders

christopher vickers

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

use.space paddock st, manchester, M12 6PN

sqk accountancy ltd Estimated Valuation

£375k

Pomanda estimates the enterprise value of SQK ACCOUNTANCY LTD at £375k based on a Turnover of £678k and 0.55x industry multiple (adjusted for size and gross margin).

sqk accountancy ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SQK ACCOUNTANCY LTD at £0 based on an EBITDA of £-1.2k and a 4.05x industry multiple (adjusted for size and gross margin).

sqk accountancy ltd Estimated Valuation

£130.2k

Pomanda estimates the enterprise value of SQK ACCOUNTANCY LTD at £130.2k based on Net Assets of £61k and 2.13x industry multiple (adjusted for liquidity).

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Sqk Accountancy Ltd Overview

Sqk Accountancy Ltd is a live company located in manchester, M12 6PN with a Companies House number of 10605431. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2017, it's largest shareholder is christopher vickers with a 100% stake. Sqk Accountancy Ltd is a young, small sized company, Pomanda has estimated its turnover at £678k with high growth in recent years.

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Sqk Accountancy Ltd Health Check

Pomanda's financial health check has awarded Sqk Accountancy Ltd a 4 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £678k, make it smaller than the average company (£4m)

£678k - Sqk Accountancy Ltd

£4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (8.1%)

18% - Sqk Accountancy Ltd

8.1% - Industry AVG

production

Production

with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)

38.5% - Sqk Accountancy Ltd

38.5% - Industry AVG

profitability

Profitability

an operating margin of -0.3% make it less profitable than the average company (5.6%)

-0.3% - Sqk Accountancy Ltd

5.6% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (24)

6 - Sqk Accountancy Ltd

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - Sqk Accountancy Ltd

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £113k, this is less efficient (£153.7k)

£113k - Sqk Accountancy Ltd

£153.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is earlier than average (39 days)

28 days - Sqk Accountancy Ltd

39 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Sqk Accountancy Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Sqk Accountancy Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (24 weeks)

61 weeks - Sqk Accountancy Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (60.6%)

45.4% - Sqk Accountancy Ltd

60.6% - Industry AVG

SQK ACCOUNTANCY LTD financials

EXPORTms excel logo

Sqk Accountancy Ltd's latest turnover from February 2024 is estimated at £678 thousand and the company has net assets of £61 thousand. According to their latest financial statements, Sqk Accountancy Ltd has 6 employees and maintains cash reserves of £52.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Turnover677,953596,630497,814407,480136,75359,23418,094
Other Income Or Grants
Cost Of Sales416,989364,410309,393255,76784,91936,93311,282
Gross Profit260,964232,220188,422151,71251,83422,3026,812
Admin Expenses262,981218,815173,817123,46530,65026,4651,146
Operating Profit-2,01713,40514,60528,24721,184-4,1635,666
Interest Payable1,5531,8691,506763
Interest Receivable2,7081,9052543911410141
Pre-Tax Profit-86113,44113,35327,52321,298-4,0625,707
Tax-2,554-2,537-5,229-4,047-1,084
Profit After Tax-86110,88710,81622,29417,251-4,0624,623
Dividends Paid
Retained Profit-86110,88710,81622,29417,251-4,0624,623
Employee Costs299,093237,074180,686170,66984,23140,85538,697
Number Of Employees6544211
EBITDA*-1,15113,99115,51828,86321,461-3,9215,666

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Tangible Assets1,6031,0381,6051,328877729971
Intangible Assets
Investments & Other5,0183,0341,364
Debtors (Due After 1 year)
Total Fixed Assets6,6214,0722,9691,328877729971
Stock & work in progress
Trade Debtors52,69955,62955,39636,09915,8517,1822,218
Group Debtors
Misc Debtors580100360
Cash52,46950,70244,53557,14419,95110,39116,587
misc current assets
total current assets105,168106,33199,93193,82335,90217,93318,805
total assets111,789110,403102,90095,15136,77918,66219,776
Bank overdraft4,8704,8704,870
Bank loan
Trade Creditors
Group/Directors Accounts1951,26510,4602,9186,59910,701
other short term finances
hp & lease commitments
other current liabilities39,16332,27629,26519,48515,94911,4024,352
total current liabilities44,03337,34135,40029,94518,86718,00115,053
loans6,70811,15316,47825,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities6,70811,15316,47825,000
total liabilities50,74148,49451,87854,94518,86718,00115,053
net assets61,04861,90951,02240,20617,9126614,723
total shareholders funds61,04861,90951,02240,20617,9126614,723
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018
Operating Activities
Operating Profit-2,01713,40514,60528,24721,184-4,1635,666
Depreciation866586913616277242
Amortisation
Tax-2,554-2,537-5,229-4,047-1,084
Stock
Debtors-2,93023318,71720,7288,4095,3242,218
Creditors
Accruals and Deferred Income6,8873,0119,7803,5364,5477,0504,352
Deferred Taxes & Provisions
Cash flow from operations8,66614,2154,0446,44213,552-2,1956,716
Investing Activities
capital expenditure-1,431-19-1,190-1,067-425-971
Change in Investments1,9841,6701,364
cash flow from investments-3,415-1,689-2,554-1,067-425-971
Financing Activities
Bank loans
Group/Directors Accounts-195-1,070-9,1957,542-3,681-4,10210,701
Other Short Term Loans
Long term loans-4,445-5,325-8,52225,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest1,15536-1,252-72411410141
cash flow from financing-3,485-6,359-18,96931,818-3,567-4,00110,842
cash and cash equivalents
cash1,7676,167-12,60937,1939,560-6,19616,587
overdraft4,870
change in cash1,7676,167-17,47937,1939,560-6,19616,587

sqk accountancy ltd 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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Sqk Accountancy Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for sqk accountancy ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in M12 area or any other competitors across 12 key performance metrics.

sqk accountancy ltd Ownership

SQK ACCOUNTANCY LTD group structure

Sqk Accountancy Ltd has no subsidiary companies.

Ultimate parent company

SQK ACCOUNTANCY LTD

10605431

SQK ACCOUNTANCY LTD Shareholders

christopher vickers 100%

sqk accountancy ltd directors

Sqk Accountancy Ltd currently has 1 director, Mr Christopher Vickers serving since Feb 2017.

officercountryagestartendrole
Mr Christopher VickersEngland33 years Feb 2017- Director

P&L

February 2024

turnover

678k

+14%

operating profit

-2k

0%

gross margin

38.5%

-1.1%

turnover

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

Balance Sheet

February 2024

net assets

61k

-0.01%

total assets

111.8k

+0.01%

cash

52.5k

+0.03%

net assets

Total assets minus all liabilities

sqk accountancy ltd company details

company number

10605431

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

SQK ACCOUNTANCY LIMITED

auditor

-

address

use.space paddock st, manchester, M12 6PN

Bank

-

Legal Advisor

-

sqk accountancy ltd 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 sqk accountancy ltd.

sqk accountancy ltd 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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sqk accountancy ltd Companies House Filings - See Documents

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