Pomanda estimates the enterprise value of OUTSOURCE ACCOUNTING LTD at £20.9k based on a Turnover of £40.2k and 0.52x industry multiple (adjusted for size and gross margin).
outsource accounting ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of OUTSOURCE ACCOUNTING LTD at £0 based on an EBITDA of £-17.2k and a 3.21x industry multiple (adjusted for size and gross margin).
outsource accounting ltdEstimated Valuation
£9.2k
Pomanda estimates the enterprise value of OUTSOURCE ACCOUNTING LTD at £9.2k based on Net Assets of £2.9k and 3.19x industry multiple (adjusted for liquidity).
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Outsource Accounting LtdOverview
Outsource Accounting Ltd is a live company located in london, E17 8DP with a Companies House number of 11295046. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2018, it's largest shareholder is
aqal raees
with a 100% stake. Outsource Accounting Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£40.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Outsource Accounting Ltd a 1 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
Health Rating1out of 5
1 Strong
2 Regular
5 Weak
Size
annual sales of £40.2k, make it smaller than the average company (£145.6k)
£40.2k - Outsource Accounting Ltd
£145.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (5.9%)
-28% - Outsource Accounting Ltd
5.9% - Industry AVG
Production
with a gross margin of 41.8%, this company has a higher cost of product (80.2%)
41.8% - Outsource Accounting Ltd
80.2% - Industry AVG
Profitability
an operating margin of -42.9% make it less profitable than the average company (10.2%)
-42.9% - Outsource Accounting Ltd
10.2% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (2)
3 - Outsource Accounting Ltd
2 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)
£25.4k - Outsource Accounting Ltd
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £13.4k, this is less efficient (£65.7k)
£13.4k - Outsource Accounting Ltd
£65.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (71 days)
13 days - Outsource Accounting Ltd
71 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Outsource Accounting Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Outsource Accounting Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Outsource Accounting Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Outsource Accounting Ltd
- - Industry AVG
OUTSOURCE ACCOUNTING LTD financials
EXPORT
Outsource Accounting Ltd's latest turnover from September 2023 is estimated at £40.2 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, Outsource Accounting Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Apr 2021
Apr 2020
Apr 2019
Turnover
40,217
77,552
49,412
105,852
134
Other Income Or Grants
Cost Of Sales
23,426
43,024
18,543
48,133
51
Gross Profit
16,790
34,528
30,869
57,718
83
Admin Expenses
34,028
22,172
19,594
58,205
-1,738
Operating Profit
-17,238
12,356
11,275
-487
1,821
Interest Payable
Interest Receivable
Pre-Tax Profit
-17,238
12,356
11,275
-487
1,821
Tax
-2,348
-2,142
-346
Profit After Tax
-17,238
10,008
9,133
-487
1,475
Dividends Paid
Retained Profit
-17,238
10,008
9,133
-487
1,475
Employee Costs
76,108
122,465
89,697
61,860
24,105
Number Of Employees
3
5
4
3
1
EBITDA*
-17,238
12,356
11,275
-487
1,821
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Apr 2021
Apr 2020
Apr 2019
Tangible Assets
1,426
12,345
8,653
3,653
3,016
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,426
12,345
8,653
3,653
3,016
Stock & work in progress
Trade Debtors
1,465
14,534
3,780
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
1,465
14,534
3,780
total assets
2,891
26,879
12,433
3,653
3,016
Bank overdraft
Bank loan
Trade Creditors
6,750
2,312
2,665
1,541
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
6,750
2,312
2,665
1,541
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
6,750
2,312
2,665
1,541
net assets
2,891
20,129
10,121
988
1,475
total shareholders funds
2,891
20,129
10,121
988
1,475
Sep 2023
Sep 2022
Apr 2021
Apr 2020
Apr 2019
Operating Activities
Operating Profit
-17,238
12,356
11,275
-487
1,821
Depreciation
Amortisation
Tax
-2,348
-2,142
-346
Stock
Debtors
-13,069
10,754
3,780
Creditors
-6,750
4,438
-353
1,124
1,541
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-10,919
3,692
5,000
637
3,016
Investing Activities
capital expenditure
10,919
-3,692
-5,000
-637
-3,016
Change in Investments
cash flow from investments
10,919
-3,692
-5,000
-637
-3,016
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash
outsource accounting ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for outsource accounting ltd. Get real-time insights into outsource accounting ltd's credit score, group structure and payment trends.
Perform a competitor analysis for outsource accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E17 area or any other competitors across 12 key performance metrics.
outsource accounting ltd Ownership
OUTSOURCE ACCOUNTING LTD group structure
Outsource Accounting Ltd has no subsidiary companies.
Ultimate parent company
OUTSOURCE ACCOUNTING LTD
11295046
OUTSOURCE ACCOUNTING LTD Shareholders
The sole shareholder of Outsource Accounting Ltd is Aqal Raees.
aqal raees
100%
outsource accounting ltd directors
Outsource Accounting Ltd currently has 1 director, Mr Aqal Raees serving since Apr 2018.
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 outsource accounting ltd.
outsource accounting 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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outsource accounting ltdCompanies House Filings - See Documents
