jw walsh accountants 2018 limited
jw walsh accountants 2018 limited Company Information
Company Number
11241662
Next Accounts
3 days late
Shareholders
xeinadin uk professional services limited
xeinadin group limited
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
riverside house kings reach busi, yew street, stockport, cheshire, SK4 2HD
Website
xeinadingroup.comjw walsh accountants 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of JW WALSH ACCOUNTANTS 2018 LIMITED at £161.9k based on a Turnover of £206.8k and 0.78x industry multiple (adjusted for size and gross margin).
jw walsh accountants 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of JW WALSH ACCOUNTANTS 2018 LIMITED at £260.7k based on an EBITDA of £51.7k and a 5.04x industry multiple (adjusted for size and gross margin).
jw walsh accountants 2018 limited Estimated Valuation
Pomanda estimates the enterprise value of JW WALSH ACCOUNTANTS 2018 LIMITED at £314.4k based on Net Assets of £104k and 3.02x industry multiple (adjusted for liquidity).
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Jw Walsh Accountants 2018 Limited Overview
Jw Walsh Accountants 2018 Limited is a live company located in stockport, SK4 2HD with a Companies House number of 11241662. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2018, it's largest shareholder is xeinadin uk professional services limited with a 51.2% stake. Jw Walsh Accountants 2018 Limited is a young, micro sized company, Pomanda has estimated its turnover at £206.8k with healthy growth in recent years.
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Jw Walsh Accountants 2018 Limited Health Check
Pomanda's financial health check has awarded Jw Walsh Accountants 2018 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £206.8k, make it in line with the average company (£241.9k)
- Jw Walsh Accountants 2018 Limited
£241.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.2%)
- Jw Walsh Accountants 2018 Limited
6.2% - Industry AVG
Production
with a gross margin of 52.5%, this company has a higher cost of product (92.6%)
- Jw Walsh Accountants 2018 Limited
92.6% - Industry AVG
Profitability
an operating margin of 24.7% make it more profitable than the average company (13.7%)
- Jw Walsh Accountants 2018 Limited
13.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Jw Walsh Accountants 2018 Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Jw Walsh Accountants 2018 Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £103.4k, this is more efficient (£76.2k)
- Jw Walsh Accountants 2018 Limited
£76.2k - Industry AVG
Debtor Days
it gets paid by customers after 203 days, this is later than average (77 days)
- Jw Walsh Accountants 2018 Limited
77 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (26 days)
- Jw Walsh Accountants 2018 Limited
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Jw Walsh Accountants 2018 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (34 weeks)
26 weeks - Jw Walsh Accountants 2018 Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.8%, this is a lower level of debt than the average (50.8%)
32.8% - Jw Walsh Accountants 2018 Limited
50.8% - Industry AVG
JW WALSH ACCOUNTANTS 2018 LIMITED financials
Jw Walsh Accountants 2018 Limited's latest turnover from May 2023 is estimated at £206.8 thousand and the company has net assets of £104 thousand. According to their latest financial statements, Jw Walsh Accountants 2018 Limited has 2 employees and maintains cash reserves of £25.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Turnover | 142,923 | 148,795 | 144,927 | ||
| Other Income Or Grants | |||||
| Cost Of Sales | 8,813 | 15,742 | 10,930 | ||
| Gross Profit | 134,110 | 133,053 | 133,997 | ||
| Admin Expenses | 58,677 | 52,281 | 48,129 | ||
| Operating Profit | 75,433 | 80,772 | 85,868 | ||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | 75,433 | 80,772 | 85,868 | ||
| Tax | -13,956 | -15,346 | -16,080 | ||
| Profit After Tax | 61,477 | 65,426 | 69,788 | ||
| Dividends Paid | 37,700 | 56,670 | |||
| Retained Profit | 23,777 | 8,756 | 69,788 | ||
| Employee Costs | 36,174 | 33,607 | 30,650 | ||
| Number Of Employees | 2 | 2 | 2 | 2 | |
| EBITDA* | 75,790 | 81,024 | 86,120 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 1,240 | 1,936 | 496 | 748 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 1,240 | 1,936 | 496 | 748 | |
| Stock & work in progress | 48,309 | 34,019 | 19,031 | ||
| Trade Debtors | 115,417 | 50,307 | 40,091 | 28,284 | 100 |
| Group Debtors | 10,000 | ||||
| Misc Debtors | 2,544 | 2,314 | 2,636 | 12,063 | |
| Cash | 25,567 | 43,678 | 21,365 | 13,123 | |
| misc current assets | |||||
| total current assets | 153,528 | 144,608 | 98,111 | 72,501 | 100 |
| total assets | 154,768 | 146,544 | 98,607 | 73,249 | 100 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 13,770 | 4,965 | 1,579 | 8,305 | |
| Group/Directors Accounts | 72 | 589 | 477 | ||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 37,038 | 76,976 | 55,685 | 32,469 | |
| total current liabilities | 50,808 | 82,013 | 57,853 | 41,251 | |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | |||||
| total liabilities | 50,808 | 82,013 | 57,853 | 41,251 | |
| net assets | 103,960 | 64,531 | 40,754 | 31,998 | 100 |
| total shareholders funds | 103,960 | 64,531 | 40,754 | 31,998 | 100 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 75,433 | 80,772 | 85,868 | ||
| Depreciation | 696 | 357 | 252 | 252 | |
| Amortisation | |||||
| Tax | -13,956 | -15,346 | -16,080 | ||
| Stock | -48,309 | 14,290 | 14,988 | 19,031 | |
| Debtors | 75,340 | 9,894 | 2,380 | 40,247 | 100 |
| Creditors | 8,805 | 3,386 | -6,726 | 8,305 | |
| Accruals and Deferred Income | -39,938 | 21,291 | 23,216 | 32,469 | |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | 62,327 | 64,800 | 51,536 | ||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | -72 | -517 | 112 | 477 | |
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | -517 | 112 | -37,413 | ||
| cash and cash equivalents | |||||
| cash | -18,111 | 22,313 | 8,242 | 13,123 | |
| overdraft | |||||
| change in cash | -18,111 | 22,313 | 8,242 | 13,123 |
jw walsh accountants 2018 limited Credit Report and Business Information
Jw Walsh Accountants 2018 Limited Competitor Analysis
Perform a competitor analysis for jw walsh accountants 2018 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SK4 area or any other competitors across 12 key performance metrics.
jw walsh accountants 2018 limited Ownership
JW WALSH ACCOUNTANTS 2018 LIMITED group structure
Jw Walsh Accountants 2018 Limited has no subsidiary companies.
Ultimate parent company
2 parents
JW WALSH ACCOUNTANTS 2018 LIMITED
11241662
jw walsh accountants 2018 limited directors
Jw Walsh Accountants 2018 Limited currently has 2 directors. The longest serving directors include Mr Jeffrey Walsh (Mar 2018) and Mr Peter Anderson (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Walsh | United Kingdom | 68 years | Mar 2018 | - | Director |
| Mr Peter Anderson | England | 43 years | Jan 2024 | - | Director |
P&L
May 2023turnover
206.8k
+45%
operating profit
51k
0%
gross margin
52.6%
-44.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
104k
+0.61%
total assets
154.8k
+0.06%
cash
25.6k
-0.41%
net assets
Total assets minus all liabilities
jw walsh accountants 2018 limited company details
company number
11241662
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
riverside house kings reach busi, yew street, stockport, cheshire, SK4 2HD
Bank
-
Legal Advisor
-
jw walsh accountants 2018 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 jw walsh accountants 2018 limited.
jw walsh accountants 2018 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 JW WALSH ACCOUNTANTS 2018 LIMITED. This can take several minutes, an email will notify you when this has completed.
jw walsh accountants 2018 limited Companies House Filings - See Documents
| date | description | view/download |
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