taxca accountants ltd
taxca accountants ltd Company Information
Company Number
10977914
Website
www.taxca.co.ukRegistered Address
353 high street north, london, E12 6PQ
Industry
Bookkeeping activities
Tax consultancy
Telephone
02033697867
Next Accounts Due
June 2025
Group Structure
View All
Directors
Mohsin Patel7 Years
Shareholders
mohsin usmangani patel 100%
taxca accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of TAXCA ACCOUNTANTS LTD at £156k based on a Turnover of £152.6k and 1.02x industry multiple (adjusted for size and gross margin).
taxca accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of TAXCA ACCOUNTANTS LTD at £16.2k based on an EBITDA of £3.4k and a 4.73x industry multiple (adjusted for size and gross margin).
taxca accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of TAXCA ACCOUNTANTS LTD at £4k based on Net Assets of £1.1k and 3.5x industry multiple (adjusted for liquidity).
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Taxca Accountants Ltd Overview
Taxca Accountants Ltd is a live company located in london, E12 6PQ with a Companies House number of 10977914. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2017, it's largest shareholder is mohsin usmangani patel with a 100% stake. Taxca Accountants Ltd is a young, micro sized company, Pomanda has estimated its turnover at £152.6k with rapid growth in recent years.
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Taxca Accountants Ltd Health Check
Pomanda's financial health check has awarded Taxca Accountants Ltd a 4 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
3 Regular
3 Weak
Size
annual sales of £152.6k, make it in line with the average company (£155.1k)
- Taxca Accountants Ltd
£155.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 160%, show it is growing at a faster rate (5.8%)
- Taxca Accountants Ltd
5.8% - Industry AVG
Production
with a gross margin of 75.6%, this company has a comparable cost of product (75.6%)
- Taxca Accountants Ltd
75.6% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (10.4%)
- Taxca Accountants Ltd
10.4% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Taxca Accountants Ltd
3 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
- Taxca Accountants Ltd
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £38.1k, this is less efficient (£68.3k)
- Taxca Accountants Ltd
£68.3k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is earlier than average (74 days)
- Taxca Accountants Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is slower than average (23 days)
- Taxca Accountants Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Taxca Accountants Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (30 weeks)
56 weeks - Taxca Accountants Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (62.2%)
98.7% - Taxca Accountants Ltd
62.2% - Industry AVG
TAXCA ACCOUNTANTS LTD financials
Taxca Accountants Ltd's latest turnover from September 2023 is estimated at £152.6 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Taxca Accountants Ltd has 4 employees and maintains cash reserves of £63.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 4 | 3 | 2 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 1,810 | 3,872 | 3,641 | 765 | 1,162 | 521 |
| 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 | 1,810 | 3,872 | 3,641 | 765 | 1,162 | 521 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,441 | 1,678 | 2,490 | 2,220 | 3,280 | 820 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 54,935 | 26,500 | 1,500 | 0 | 216 |
| Cash | 63,405 | 27,102 | 22,878 | 80,038 | 17,858 | 8,294 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 166 |
| total current assets | 86,846 | 83,715 | 51,868 | 83,758 | 21,138 | 9,496 |
| total assets | 88,656 | 87,587 | 55,509 | 84,523 | 22,300 | 10,017 |
| Bank overdraft | 9,493 | 5,939 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,296 | 14,288 | 2,477 | 878 | 18,572 | 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 | 45,103 | 42,368 | 7,674 | 44,213 | 0 | 1,470 |
| total current liabilities | 57,892 | 62,595 | 10,151 | 45,091 | 18,572 | 1,470 |
| loans | 29,623 | 23,704 | 34,173 | 25,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 7,983 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 29,623 | 23,704 | 34,173 | 25,000 | 0 | 7,983 |
| total liabilities | 87,515 | 86,299 | 44,324 | 70,091 | 18,572 | 9,453 |
| net assets | 1,141 | 1,288 | 11,185 | 14,432 | 3,728 | 564 |
| total shareholders funds | 1,141 | 1,288 | 11,185 | 14,432 | 3,728 | 564 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,062 | 2,062 | 1,489 | 397 | 254 | 174 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -33,172 | 27,623 | 25,270 | 440 | 2,244 | 1,036 |
| Creditors | -10,992 | 11,811 | 1,599 | -17,694 | 18,572 | 0 |
| Accruals and Deferred Income | 2,735 | 34,694 | -36,539 | 44,213 | -1,470 | 1,470 |
| 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 | 5,919 | -10,469 | 9,173 | 25,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -7,983 | 7,983 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 36,303 | 4,224 | -57,160 | 62,180 | 9,564 | 8,294 |
| overdraft | 3,554 | 5,939 | 0 | 0 | 0 | 0 |
| change in cash | 32,749 | -1,715 | -57,160 | 62,180 | 9,564 | 8,294 |
taxca accountants ltd Credit Report and Business Information
Taxca Accountants Ltd Competitor Analysis
Perform a competitor analysis for taxca accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E12 area or any other competitors across 12 key performance metrics.
taxca accountants ltd Ownership
TAXCA ACCOUNTANTS LTD group structure
Taxca Accountants Ltd has no subsidiary companies.
Ultimate parent company
TAXCA ACCOUNTANTS LTD
10977914
taxca accountants ltd directors
Taxca Accountants Ltd currently has 1 director, Mr Mohsin Patel serving since Sep 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohsin Patel | England | 36 years | Sep 2017 | - | Director |
P&L
September 2023turnover
152.6k
+121%
operating profit
1.4k
0%
gross margin
75.6%
+6.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.1k
-0.11%
total assets
88.7k
+0.01%
cash
63.4k
+1.34%
net assets
Total assets minus all liabilities
taxca accountants ltd company details
company number
10977914
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
69203 - Tax consultancy
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
353 high street north, london, E12 6PQ
Bank
-
Legal Advisor
-
taxca accountants 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 taxca accountants ltd.
taxca accountants ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
