south east accounting tax & business services ltd
south east accounting tax & business services ltd Company Information
Company Number
11219594
Website
-Registered Address
5 high street, st. lawrence, ramsgate, CT11 0QH
Industry
Accounting, and auditing activities
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Peter Higson6 Years
Shareholders
peter jeremy lawrence higson 100%
south east accounting tax & business services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD at £29.6k based on a Turnover of £44k and 0.67x industry multiple (adjusted for size and gross margin).
south east accounting tax & business services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD at £31.5k based on an EBITDA of £8.3k and a 3.81x industry multiple (adjusted for size and gross margin).
south east accounting tax & business services ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD at £20.3k based on Net Assets of £6.7k and 3.03x industry multiple (adjusted for liquidity).
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South East Accounting Tax & Business Services Ltd Overview
South East Accounting Tax & Business Services Ltd is a live company located in ramsgate, CT11 0QH with a Companies House number of 11219594. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2018, it's largest shareholder is peter jeremy lawrence higson with a 100% stake. South East Accounting Tax & Business Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £44k with unknown growth in recent years.
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South East Accounting Tax & Business Services Ltd Health Check
Pomanda's financial health check has awarded South East Accounting Tax & Business Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £44k, make it smaller than the average company (£147.6k)
- South East Accounting Tax & Business Services Ltd
£147.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- South East Accounting Tax & Business Services Ltd
- - Industry AVG
Production
with a gross margin of 46.8%, this company has a higher cost of product (67.9%)
- South East Accounting Tax & Business Services Ltd
67.9% - Industry AVG
Profitability
an operating margin of 18.8% make it as profitable than the average company (16.6%)
- South East Accounting Tax & Business Services Ltd
16.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - South East Accounting Tax & Business Services Ltd
3 - Industry AVG
Pay Structure
on an average salary of £22.4k, the company has an equivalent pay structure (£22.4k)
- South East Accounting Tax & Business Services Ltd
£22.4k - Industry AVG
Efficiency
resulting in sales per employee of £22k, this is less efficient (£69.5k)
- South East Accounting Tax & Business Services Ltd
£69.5k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (97 days)
- South East Accounting Tax & Business Services Ltd
97 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (26 days)
- South East Accounting Tax & Business Services Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- South East Accounting Tax & Business Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - South East Accounting Tax & Business Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.9%, this is a similar level of debt than the average (59%)
63.9% - South East Accounting Tax & Business Services Ltd
59% - Industry AVG
SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD financials
South East Accounting Tax & Business Services Ltd's latest turnover from February 2023 is estimated at £44 thousand and the company has net assets of £6.7 thousand. According to their latest financial statements, South East Accounting Tax & Business Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,750 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,750 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 14,810 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 1 | 1 | 1 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 14,810 | 1 | 1 | 1 | 0 |
| total assets | 18,560 | 1 | 1 | 1 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,867 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 11,867 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 11,867 | 0 | 0 | 0 | 0 |
| net assets | 6,693 | 1 | 1 | 1 | 0 |
| total shareholders funds | 6,693 | 1 | 1 | 1 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,810 | 0 | 0 | 0 | 0 |
| Creditors | 11,867 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -1 | 0 | 0 | 1 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1 | 0 | 0 | 1 | 0 |
south east accounting tax & business services ltd Credit Report and Business Information
South East Accounting Tax & Business Services Ltd Competitor Analysis
Perform a competitor analysis for south east accounting tax & business services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CT11 area or any other competitors across 12 key performance metrics.
south east accounting tax & business services ltd Ownership
SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD group structure
South East Accounting Tax & Business Services Ltd has no subsidiary companies.
Ultimate parent company
SOUTH EAST ACCOUNTING TAX & BUSINESS SERVICES LTD
11219594
south east accounting tax & business services ltd directors
South East Accounting Tax & Business Services Ltd currently has 1 director, Mr Peter Higson serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Higson | United Kingdom | 69 years | Feb 2018 | - | Director |
P&L
February 2023turnover
44k
0%
operating profit
8.3k
0%
gross margin
46.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
6.7k
+6692%
total assets
18.6k
+18559%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
south east accounting tax & business services ltd company details
company number
11219594
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
5 high street, st. lawrence, ramsgate, CT11 0QH
Bank
-
Legal Advisor
-
south east accounting tax & business services 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 south east accounting tax & business services ltd.
south east accounting tax & business services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
