atax consultants ltd
atax consultants ltd Company Information
Group Structure
View All
Industry
Bookkeeping activities
+1Registered Address
12 colombo road, ilford, IG1 4RQ
Website
-atax consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of ATAX CONSULTANTS LTD at £32.3k based on a Turnover of £59.6k and 0.54x industry multiple (adjusted for size and gross margin).
atax consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of ATAX CONSULTANTS LTD at £0 based on an EBITDA of £-61 and a 3.01x industry multiple (adjusted for size and gross margin).
atax consultants ltd Estimated Valuation
Pomanda estimates the enterprise value of ATAX CONSULTANTS LTD at £0 based on Net Assets of £-13.6k and 3.97x industry multiple (adjusted for liquidity).
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Atax Consultants Ltd Overview
Atax Consultants Ltd is a live company located in ilford, IG1 4RQ with a Companies House number of 11002290. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in October 2017, it's largest shareholder is naveen qureshi with a 100% stake. Atax Consultants Ltd is a young, micro sized company, Pomanda has estimated its turnover at £59.6k with high growth in recent years.
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Atax Consultants Ltd Health Check
Pomanda's financial health check has awarded Atax Consultants Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £59.6k, make it smaller than the average company (£147.8k)
- Atax Consultants Ltd
£147.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (5.8%)
- Atax Consultants Ltd
5.8% - Industry AVG
Production
with a gross margin of 31.8%, this company has a higher cost of product (72.3%)
- Atax Consultants Ltd
72.3% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.9%)
- Atax Consultants Ltd
7.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Atax Consultants Ltd
3 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- Atax Consultants Ltd
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £29.8k, this is less efficient (£66.8k)
- Atax Consultants Ltd
£66.8k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (70 days)
- Atax Consultants Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 325 days, this is slower than average (19 days)
- Atax Consultants Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Atax Consultants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Atax Consultants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.5%, this is a higher level of debt than the average (62.5%)
146.5% - Atax Consultants Ltd
62.5% - Industry AVG
ATAX CONSULTANTS LTD financials
Atax Consultants Ltd's latest turnover from October 2023 is estimated at £59.6 thousand and the company has net assets of -£13.6 thousand. According to their latest financial statements, Atax Consultants Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 3,600 | 0 | 0 | 0 | 0 | 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 | 3,600 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 25,728 | 21,728 | 17,289 | 13,467 | 14,635 | 10,100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 25,728 | 21,728 | 17,289 | 13,467 | 14,635 | 10,100 |
| total assets | 29,328 | 21,728 | 17,289 | 13,467 | 14,635 | 10,100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 36,289 | 24,443 | 12,907 | 11,231 | 3,715 | 2,131 |
| 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 | 36,289 | 24,443 | 12,907 | 11,231 | 3,715 | 2,131 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,983 | 1,983 | 1,983 | 1,983 | 783 |
| other liabilities | 6,678 | 8,880 | 10,000 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,678 | 10,863 | 11,983 | 1,983 | 1,983 | 783 |
| total liabilities | 42,967 | 35,306 | 24,890 | 13,214 | 5,698 | 2,914 |
| net assets | -13,639 | -13,578 | -7,601 | 253 | 8,937 | 7,186 |
| total shareholders funds | -13,639 | -13,578 | -7,601 | 253 | 8,937 | 7,186 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,000 | 4,439 | 3,822 | -1,168 | 4,535 | 10,100 |
| Creditors | 11,846 | 11,536 | 1,676 | 7,516 | 1,584 | 2,131 |
| Accruals and Deferred Income | -1,983 | 0 | 0 | 0 | 1,200 | 783 |
| 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 | -2,202 | -1,120 | 10,000 | 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 |
atax consultants ltd Credit Report and Business Information
Atax Consultants Ltd Competitor Analysis
Perform a competitor analysis for atax consultants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IG1 area or any other competitors across 12 key performance metrics.
atax consultants ltd Ownership
ATAX CONSULTANTS LTD group structure
Atax Consultants Ltd has no subsidiary companies.
Ultimate parent company
ATAX CONSULTANTS LTD
11002290
atax consultants ltd directors
Atax Consultants Ltd currently has 1 director, Mrs Naveen Qureshi serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Naveen Qureshi | United Kingdom | 43 years | Oct 2017 | - | Director |
P&L
October 2023turnover
59.6k
+16%
operating profit
-61
0%
gross margin
31.8%
-4.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-13.6k
0%
total assets
29.3k
+0.35%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
atax consultants ltd company details
company number
11002290
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69203 - Tax consultancy
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
12 colombo road, ilford, IG1 4RQ
Bank
-
Legal Advisor
-
atax consultants 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 atax consultants ltd.
atax consultants 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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atax consultants ltd Companies House Filings - See Documents
| date | description | view/download |
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