castle accounting limited
castle accounting limited Company Information
Company Number
10964399
Website
castleaccounting.taxRegistered Address
18 the ropewalk, nottingham, NG1 5DT
Industry
Accounting, and auditing activities
Tax consultancy
Telephone
441159504244
Next Accounts Due
14 days late
Group Structure
View All
Directors
David Chapman7 Years
Shareholders
david chapman 55%
jayne chapman 45%
castle accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE ACCOUNTING LIMITED at £490.7k based on a Turnover of £622k and 0.79x industry multiple (adjusted for size and gross margin).
castle accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE ACCOUNTING LIMITED at £252.3k based on an EBITDA of £68k and a 3.71x industry multiple (adjusted for size and gross margin).
castle accounting limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE ACCOUNTING LIMITED at £615.9k based on Net Assets of £200.7k and 3.07x industry multiple (adjusted for liquidity).
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Castle Accounting Limited Overview
Castle Accounting Limited is a live company located in nottingham, NG1 5DT with a Companies House number of 10964399. It operates in the tax consultancy sector, SIC Code 69203. Founded in September 2017, it's largest shareholder is david chapman with a 55% stake. Castle Accounting Limited is a young, small sized company, Pomanda has estimated its turnover at £622k with healthy growth in recent years.
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Castle Accounting Limited Health Check
Pomanda's financial health check has awarded Castle Accounting Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £622k, make it larger than the average company (£281.3k)
- Castle Accounting Limited
£281.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.9%)
- Castle Accounting Limited
4.9% - Industry AVG
Production
with a gross margin of 36.3%, this company has a higher cost of product (68.6%)
- Castle Accounting Limited
68.6% - Industry AVG
Profitability
an operating margin of 10.9% make it as profitable than the average company (11%)
- Castle Accounting Limited
11% - Industry AVG
Employees
with 10 employees, this is above the industry average (4)
10 - Castle Accounting Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Castle Accounting Limited
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £62.2k, this is less efficient (£79.6k)
- Castle Accounting Limited
£79.6k - Industry AVG
Debtor Days
it gets paid by customers after 214 days, this is later than average (83 days)
- Castle Accounting Limited
83 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (20 days)
- Castle Accounting Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Castle Accounting Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Castle Accounting Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.2%, this is a similar level of debt than the average (51.3%)
48.2% - Castle Accounting Limited
51.3% - Industry AVG
CASTLE ACCOUNTING LIMITED financials
Castle Accounting Limited's latest turnover from December 2022 is estimated at £622 thousand and the company has net assets of £200.7 thousand. According to their latest financial statements, Castle Accounting Limited has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 10 | 10 | 12 | 12 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,210 | 18,915 | 3,117 | 3,897 | 3,257 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,210 | 18,915 | 3,117 | 3,897 | 3,257 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 365,064 | 295,071 | 245,427 | 296,821 | 302,489 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,268 | 1,872 | 1,872 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 368,332 | 296,943 | 247,299 | 296,821 | 302,489 | 100 |
| total assets | 387,542 | 315,858 | 250,416 | 300,718 | 305,746 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 143,302 | 120,049 | 100,983 | 202,560 | 258,957 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 143,302 | 120,049 | 100,983 | 202,560 | 258,957 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 43,570 | 50,207 | 50,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,570 | 50,207 | 50,000 | 0 | 0 | 0 |
| total liabilities | 186,872 | 170,256 | 150,983 | 202,560 | 258,957 | 0 |
| net assets | 200,670 | 145,602 | 99,433 | 98,158 | 46,789 | 100 |
| total shareholders funds | 200,670 | 145,602 | 99,433 | 98,158 | 46,789 | 100 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | |||||
| Amortisation | 0 | |||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 71,389 | 49,644 | -49,522 | -5,668 | 302,389 | 100 |
| Creditors | 23,253 | 19,066 | -101,577 | -56,397 | 258,957 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,637 | 207 | 50,000 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
castle accounting limited Credit Report and Business Information
Castle Accounting Limited Competitor Analysis
Perform a competitor analysis for castle accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.
castle accounting limited Ownership
CASTLE ACCOUNTING LIMITED group structure
Castle Accounting Limited has no subsidiary companies.
Ultimate parent company
CASTLE ACCOUNTING LIMITED
10964399
castle accounting limited directors
Castle Accounting Limited currently has 1 director, Mr David Chapman serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Chapman | United Kingdom | 59 years | Sep 2017 | - | Director |
P&L
December 2022turnover
622k
+33%
operating profit
68k
0%
gross margin
36.4%
-7.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
200.7k
+0.38%
total assets
387.5k
+0.23%
cash
0
0%
net assets
Total assets minus all liabilities
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castle accounting limited company details
company number
10964399
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2022
previous names
dmc accounting limited (September 2017)
accountant
-
auditor
-
address
18 the ropewalk, nottingham, NG1 5DT
Bank
-
Legal Advisor
-
castle accounting 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 castle accounting limited.
castle accounting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
