msr tax services ltd
msr tax services ltd Company Information
Company Number
11271550
Next Accounts
50 days late
Directors
Shareholders
balaraji sinnathurai
Group Structure
View All
Industry
Tax consultancy
Registered Address
329 ley street, ilford, essex, IG1 4AA
Website
msrgroup.org.ukmsr tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of MSR TAX SERVICES LTD at £167.2k based on a Turnover of £167.1k and 1x industry multiple (adjusted for size and gross margin).
msr tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of MSR TAX SERVICES LTD at £4.2k based on an EBITDA of £690 and a 6.12x industry multiple (adjusted for size and gross margin).
msr tax services ltd Estimated Valuation
Pomanda estimates the enterprise value of MSR TAX SERVICES LTD at £17.3k based on Net Assets of £4.1k and 4.26x industry multiple (adjusted for liquidity).
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Msr Tax Services Ltd Overview
Msr Tax Services Ltd is a live company located in essex, IG1 4AA with a Companies House number of 11271550. It operates in the tax consultancy sector, SIC Code 69203. Founded in March 2018, it's largest shareholder is balaraji sinnathurai with a 100% stake. Msr Tax Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £167.1k with healthy growth in recent years.
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Msr Tax Services Ltd Health Check
Pomanda's financial health check has awarded Msr Tax Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £167.1k, make it in line with the average company (£208.3k)
- Msr Tax Services Ltd
£208.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.3%)
- Msr Tax Services Ltd
5.3% - Industry AVG
Production
with a gross margin of 82.4%, this company has a comparable cost of product (82.4%)
- Msr Tax Services Ltd
82.4% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (10.6%)
- Msr Tax Services Ltd
10.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Msr Tax Services Ltd
5 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- Msr Tax Services Ltd
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £83.6k, this is equally as efficient (£83.6k)
- Msr Tax Services Ltd
£83.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Msr Tax Services Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Msr Tax Services Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Msr Tax Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (33 weeks)
2 weeks - Msr Tax Services Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.6%, this is a higher level of debt than the average (43.5%)
58.6% - Msr Tax Services Ltd
43.5% - Industry AVG
MSR TAX SERVICES LTD financials
Msr Tax Services Ltd's latest turnover from March 2023 is estimated at £167.1 thousand and the company has net assets of £4.1 thousand. According to their latest financial statements, Msr Tax Services Ltd has 2 employees and maintains cash reserves of £235 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 295 | 369 | 461 | 576 | 720 |
| 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 | 295 | 369 | 461 | 576 | 720 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,318 | 3,753 | 0 | 2,414 | 0 |
| Cash | 235 | 98 | 3,003 | 14 | 2,255 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,553 | 3,851 | 3,003 | 2,428 | 2,255 |
| total assets | 9,848 | 4,220 | 3,464 | 3,004 | 2,975 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 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 | 5,773 | 650 | 571 | 537 | 785 |
| total current liabilities | 5,773 | 650 | 571 | 537 | 785 |
| 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 | 5,773 | 650 | 571 | 537 | 785 |
| net assets | 4,075 | 3,570 | 2,893 | 2,467 | 2,190 |
| total shareholders funds | 4,075 | 3,570 | 2,893 | 2,467 | 2,190 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 74 | 92 | 115 | 144 | 180 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 5,565 | 3,753 | -2,414 | 2,414 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 5,123 | 79 | 34 | -248 | 785 |
| 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 | 137 | -2,905 | 2,989 | -2,241 | 2,255 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 137 | -2,905 | 2,989 | -2,241 | 2,255 |
msr tax services ltd Credit Report and Business Information
Msr Tax Services Ltd Competitor Analysis
Perform a competitor analysis for msr tax services 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.
msr tax services ltd Ownership
MSR TAX SERVICES LTD group structure
Msr Tax Services Ltd has no subsidiary companies.
Ultimate parent company
MSR TAX SERVICES LTD
11271550
msr tax services ltd directors
Msr Tax Services Ltd currently has 1 director, Miss Balaraji Sinnathurai serving since Mar 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Balaraji Sinnathurai | England | 38 years | Mar 2018 | - | Director |
P&L
March 2023turnover
167.1k
-2%
operating profit
616.4
0%
gross margin
82.5%
+6.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4.1k
+0.14%
total assets
9.8k
+1.33%
cash
235
+1.4%
net assets
Total assets minus all liabilities
msr tax services ltd company details
company number
11271550
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
MSR GROUP LIMITED
auditor
-
address
329 ley street, ilford, essex, IG1 4AA
Bank
-
Legal Advisor
-
msr tax 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 msr tax services ltd.
msr tax services 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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msr tax services ltd Companies House Filings - See Documents
| date | description | view/download |
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