bgm prometheus tax limited
bgm prometheus tax limited Company Information
Company Number
11124950
Next Accounts
Dec 2025
Shareholders
bgm investment holdings limited
Group Structure
View All
Industry
Tax consultancy
+1Registered Address
sussex house maple close, cooden, bexhill-on-sea, east sussex, TN39 4SU
Website
prometheustax.co.ukbgm prometheus tax limited Estimated Valuation
Pomanda estimates the enterprise value of BGM PROMETHEUS TAX LIMITED at £231.9k based on a Turnover of £255.5k and 0.91x industry multiple (adjusted for size and gross margin).
bgm prometheus tax limited Estimated Valuation
Pomanda estimates the enterprise value of BGM PROMETHEUS TAX LIMITED at £1.3m based on an EBITDA of £220.3k and a 6x industry multiple (adjusted for size and gross margin).
bgm prometheus tax limited Estimated Valuation
Pomanda estimates the enterprise value of BGM PROMETHEUS TAX LIMITED at £934.4k based on Net Assets of £257.9k and 3.62x industry multiple (adjusted for liquidity).
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Bgm Prometheus Tax Limited Overview
Bgm Prometheus Tax Limited is a live company located in bexhill-on-sea, TN39 4SU with a Companies House number of 11124950. It operates in the tax consultancy sector, SIC Code 69203. Founded in December 2017, it's largest shareholder is bgm investment holdings limited with a 100% stake. Bgm Prometheus Tax Limited is a young, micro sized company, Pomanda has estimated its turnover at £255.5k with declining growth in recent years.
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Bgm Prometheus Tax Limited Health Check
Pomanda's financial health check has awarded Bgm Prometheus Tax Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £255.5k, make it larger than the average company (£197.2k)
- Bgm Prometheus Tax Limited
£197.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (8.3%)
- Bgm Prometheus Tax Limited
8.3% - Industry AVG
Production
with a gross margin of 86.8%, this company has a comparable cost of product (86.8%)
- Bgm Prometheus Tax Limited
86.8% - Industry AVG
Profitability
an operating margin of 74.2% make it more profitable than the average company (8.3%)
- Bgm Prometheus Tax Limited
8.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Bgm Prometheus Tax Limited
3 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
- Bgm Prometheus Tax Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £255.5k, this is more efficient (£82.1k)
- Bgm Prometheus Tax Limited
£82.1k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (93 days)
- Bgm Prometheus Tax Limited
93 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bgm Prometheus Tax Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bgm Prometheus Tax Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (28 weeks)
15 weeks - Bgm Prometheus Tax Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.6%, this is a similar level of debt than the average (52.8%)
48.6% - Bgm Prometheus Tax Limited
52.8% - Industry AVG
BGM PROMETHEUS TAX LIMITED financials
Bgm Prometheus Tax Limited's latest turnover from March 2024 is estimated at £255.5 thousand and the company has net assets of £257.9 thousand. According to their latest financial statements, Bgm Prometheus Tax Limited has 1 employee and maintains cash reserves of £64.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 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 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,961 | 80,349 | 84,001 | 20,219 | 5,067 | 2,182 | 1,839 |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 50,961 | 80,349 | 84,001 | 20,219 | 5,067 | 2,182 | 1,839 |
| Stock & work in progress | |||||||
| Trade Debtors | 84,675 | 5,070 | 365,631 | 344,671 | 300,630 | 506,521 | 170,624 |
| Group Debtors | |||||||
| Misc Debtors | 32,796 | 36,169 | 1,176 | 574 | |||
| Cash | 64,772 | 35,187 | |||||
| misc current assets | 268,414 | 203,914 | 72 | ||||
| total current assets | 450,657 | 280,340 | 365,631 | 345,847 | 301,204 | 506,521 | 170,696 |
| total assets | 501,618 | 360,689 | 449,632 | 366,066 | 306,271 | 508,703 | 172,535 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 317,495 | 40,762 | 304,627 | 45,321 | |||
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 217,803 | 232,900 | |||||
| total current liabilities | 217,803 | 232,900 | 317,495 | 40,762 | 304,627 | 45,321 | |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 8,171 | 150 | 2,840 | ||||
| other liabilities | 317,873 | ||||||
| provisions | 25,869 | 13,963 | 19,742 | 7,201 | 963 | ||
| total long term liabilities | 25,869 | 13,963 | 19,742 | 333,245 | 1,113 | 2,840 | |
| total liabilities | 243,672 | 246,863 | 337,237 | 333,245 | 41,875 | 304,627 | 48,161 |
| net assets | 257,946 | 113,826 | 112,395 | 32,821 | 264,396 | 204,076 | 124,374 |
| total shareholders funds | 257,946 | 113,826 | 112,395 | 32,821 | 264,396 | 204,076 | 124,374 |
| Mar 2024 | Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 30,728 | ||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 76,232 | -324,392 | 19,784 | 44,643 | -205,317 | 335,897 | 170,624 |
| Creditors | -317,495 | 317,495 | -40,762 | -263,865 | 259,306 | 45,321 | |
| Accruals and Deferred Income | -15,097 | 232,900 | -8,171 | 8,021 | 150 | -2,840 | 2,840 |
| Deferred Taxes & Provisions | 11,906 | -5,779 | 12,541 | 6,238 | 963 | ||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | -317,873 | 317,873 | |||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 29,585 | 35,187 | |||||
| overdraft | |||||||
| change in cash | 29,585 | 35,187 |
bgm prometheus tax limited Credit Report and Business Information
Bgm Prometheus Tax Limited Competitor Analysis
Perform a competitor analysis for bgm prometheus tax limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TN39 area or any other competitors across 12 key performance metrics.
bgm prometheus tax limited Ownership
BGM PROMETHEUS TAX LIMITED group structure
Bgm Prometheus Tax Limited has no subsidiary companies.
Ultimate parent company
1 parent
BGM PROMETHEUS TAX LIMITED
11124950
bgm prometheus tax limited directors
Bgm Prometheus Tax Limited currently has 5 directors. The longest serving directors include Jonathan Fursdon (Dec 2017) and Mr Robert Moore (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Jonathan Fursdon | England | 67 years | Dec 2017 | - | Director |
| Mr Robert Moore | United Kingdom | 61 years | May 2024 | - | Director |
| Mr Paul Davis | 50 years | May 2024 | - | Director | |
| Mr Ahsan Miraj | United Kingdom | 57 years | May 2024 | - | Director |
| Mr John Wakefield | United Kingdom | 65 years | May 2024 | - | Director |
P&L
March 2024turnover
255.5k
+536%
operating profit
189.5k
0%
gross margin
86.8%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
257.9k
+1.27%
total assets
501.6k
+0.39%
cash
64.8k
+0.84%
net assets
Total assets minus all liabilities
bgm prometheus tax limited company details
company number
11124950
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
69201 - Accounting, and auditing activities
incorporation date
December 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
prometheus tax limited (May 2024)
accountant
-
auditor
-
address
sussex house maple close, cooden, bexhill-on-sea, east sussex, TN39 4SU
Bank
-
Legal Advisor
-
bgm prometheus tax 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 bgm prometheus tax limited.
bgm prometheus tax 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.
Click to start generating capital raising & share issue transactions for BGM PROMETHEUS TAX LIMITED. This can take several minutes, an email will notify you when this has completed.
bgm prometheus tax limited Companies House Filings - See Documents
| date | description | view/download |
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