penshaw accountancy ltd
penshaw accountancy ltd Company Information
Company Number
11247797
Website
-Registered Address
unit 105i wearfield, sunderland enterprise park, sunderland, SR5 2TJ
Industry
Accounting, and auditing activities
Bookkeeping activities
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Michael Conlon6 Years
Shareholders
michael conlon 50%
nikki corbett 25%
View Allpenshaw accountancy ltd Estimated Valuation
Pomanda estimates the enterprise value of PENSHAW ACCOUNTANCY LTD at £12.2k based on a Turnover of £16.7k and 0.73x industry multiple (adjusted for size and gross margin).
penshaw accountancy ltd Estimated Valuation
Pomanda estimates the enterprise value of PENSHAW ACCOUNTANCY LTD at £1.6k based on an EBITDA of £449 and a 3.63x industry multiple (adjusted for size and gross margin).
penshaw accountancy ltd Estimated Valuation
Pomanda estimates the enterprise value of PENSHAW ACCOUNTANCY LTD at £3k based on Net Assets of £800 and 3.7x industry multiple (adjusted for liquidity).
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Penshaw Accountancy Ltd Overview
Penshaw Accountancy Ltd is a live company located in sunderland, SR5 2TJ with a Companies House number of 11247797. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in March 2018, it's largest shareholder is michael conlon with a 50% stake. Penshaw Accountancy Ltd is a young, micro sized company, Pomanda has estimated its turnover at £16.7k with rapid growth in recent years.
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Penshaw Accountancy Ltd Health Check
Pomanda's financial health check has awarded Penshaw Accountancy Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £16.7k, make it smaller than the average company (£111.4k)
- Penshaw Accountancy Ltd
£111.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 250%, show it is growing at a faster rate (5.7%)
- Penshaw Accountancy Ltd
5.7% - Industry AVG
Production
with a gross margin of 44.9%, this company has a higher cost of product (73.3%)
- Penshaw Accountancy Ltd
73.3% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (13%)
- Penshaw Accountancy Ltd
13% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Penshaw Accountancy Ltd
2 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has an equivalent pay structure (£16.8k)
- Penshaw Accountancy Ltd
£16.8k - Industry AVG
Efficiency
resulting in sales per employee of £16.7k, this is less efficient (£56.4k)
- Penshaw Accountancy Ltd
£56.4k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is near the average (82 days)
- Penshaw Accountancy Ltd
82 days - Industry AVG
Creditor Days
its suppliers are paid after 131 days, this is slower than average (15 days)
- Penshaw Accountancy Ltd
15 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Penshaw Accountancy Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Penshaw Accountancy Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.6%, this is a higher level of debt than the average (64.8%)
80.6% - Penshaw Accountancy Ltd
64.8% - Industry AVG
PENSHAW ACCOUNTANCY LTD financials
Penshaw Accountancy Ltd's latest turnover from April 2023 is estimated at £16.7 thousand and the company has net assets of £800. According to their latest financial statements, Penshaw Accountancy Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 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 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,128 | 2,568 | 140 | 40 | 40 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,128 | 2,568 | 140 | 40 | 40 |
| total assets | 4,128 | 2,568 | 140 | 40 | 40 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,328 | 2,105 | 4,467 | 6,389 | 6,389 |
| 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 | 3,328 | 2,105 | 4,467 | 6,389 | 6,389 |
| 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 | 3,328 | 2,105 | 4,467 | 6,389 | 6,389 |
| net assets | 800 | 463 | -4,327 | -6,349 | -6,349 |
| total shareholders funds | 800 | 463 | -4,327 | -6,349 | -6,349 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,560 | 2,428 | 100 | 0 | 40 |
| Creditors | 1,223 | -2,362 | -1,922 | 0 | 6,389 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
penshaw accountancy ltd Credit Report and Business Information
Penshaw Accountancy Ltd Competitor Analysis
Perform a competitor analysis for penshaw accountancy ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SR5 area or any other competitors across 12 key performance metrics.
penshaw accountancy ltd Ownership
PENSHAW ACCOUNTANCY LTD group structure
Penshaw Accountancy Ltd has no subsidiary companies.
Ultimate parent company
PENSHAW ACCOUNTANCY LTD
11247797
penshaw accountancy ltd directors
Penshaw Accountancy Ltd currently has 1 director, Mr Michael Conlon serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Conlon | England | 41 years | Mar 2018 | - | Director |
P&L
April 2023turnover
16.7k
+18%
operating profit
449.3
0%
gross margin
44.9%
-6.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
800
+0.73%
total assets
4.1k
+0.61%
cash
0
0%
net assets
Total assets minus all liabilities
penshaw accountancy ltd company details
company number
11247797
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
incorporation date
March 2018
age
6
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
unit 105i wearfield, sunderland enterprise park, sunderland, SR5 2TJ
accountant
-
auditor
-
penshaw accountancy 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 penshaw accountancy ltd.
penshaw accountancy ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
