bsp accountancy services ltd

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bsp accountancy services ltd Company Information

Share BSP ACCOUNTANCY SERVICES LTD

Company Number

11412741

Directors

Ben Pounds

Shareholders

ben pounds

emma hill

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

7 sunnymeade, carlisle, cumbria, CA2 4NR

bsp accountancy services ltd Estimated Valuation

£55.4k

Pomanda estimates the enterprise value of BSP ACCOUNTANCY SERVICES LTD at £55.4k based on a Turnover of £55k and 1.01x industry multiple (adjusted for size and gross margin).

bsp accountancy services ltd Estimated Valuation

£2.3k

Pomanda estimates the enterprise value of BSP ACCOUNTANCY SERVICES LTD at £2.3k based on an EBITDA of £359 and a 6.49x industry multiple (adjusted for size and gross margin).

bsp accountancy services ltd Estimated Valuation

£1.2k

Pomanda estimates the enterprise value of BSP ACCOUNTANCY SERVICES LTD at £1.2k based on Net Assets of £407 and 3.02x industry multiple (adjusted for liquidity).

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Bsp Accountancy Services Ltd Overview

Bsp Accountancy Services Ltd is a live company located in cumbria, CA2 4NR with a Companies House number of 11412741. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2018, it's largest shareholder is ben pounds with a 80% stake. Bsp Accountancy Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £55k with high growth in recent years.

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Bsp Accountancy Services Ltd Health Check

Pomanda's financial health check has awarded Bsp Accountancy Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £55k, make it smaller than the average company (£212.3k)

£55k - Bsp Accountancy Services Ltd

£212.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.9%)

17% - Bsp Accountancy Services Ltd

6.9% - Industry AVG

production

Production

with a gross margin of 95.1%, this company has a comparable cost of product (95.1%)

95.1% - Bsp Accountancy Services Ltd

95.1% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (12.4%)

0.3% - Bsp Accountancy Services Ltd

12.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Bsp Accountancy Services Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Bsp Accountancy Services Ltd

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £55k, this is less efficient (£79.3k)

£55k - Bsp Accountancy Services Ltd

£79.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is near the average (75 days)

60 days - Bsp Accountancy Services Ltd

75 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Bsp Accountancy Services Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bsp Accountancy Services Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (37 weeks)

6 weeks - Bsp Accountancy Services Ltd

37 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.4%, this is a higher level of debt than the average (51.1%)

96.4% - Bsp Accountancy Services Ltd

51.1% - Industry AVG

BSP ACCOUNTANCY SERVICES LTD financials

EXPORTms excel logo

Bsp Accountancy Services Ltd's latest turnover from October 2023 is estimated at £55 thousand and the company has net assets of £407. According to their latest financial statements, Bsp Accountancy Services Ltd has 1 employee and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Turnover54,98641,31538,50734,028232
Other Income Or Grants00000
Cost Of Sales2,7143,5344,0824,5204
Gross Profit52,27237,78134,42529,508228
Admin Expenses52,09937,84534,65029,080166
Operating Profit173-64-22542862
Interest Payable00000
Interest Receivable11434000
Pre-Tax Profit287-30-22542862
Tax-7200-81-12
Profit After Tax215-30-22534750
Dividends Paid00000
Retained Profit215-30-22534750
Employee Costs35,39532,89632,26328,24233,635
Number Of Employees11111
EBITDA*360-64-22542862

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Tangible Assets7502763442000
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets7502763442000
Stock & work in progress00000
Trade Debtors9,1716,3256,2514,25750
Group Debtors00000
Misc Debtors00000
Cash1,3233,009000
misc current assets00000
total current assets10,4949,3346,2514,25750
total assets11,2449,6106,5954,45750
Bank overdraft00000
Bank loan00000
Trade Creditors 006,3584,0220
Group/Directors Accounts4,5294,329000
other short term finances00000
hp & lease commitments00000
other current liabilities6,1655,037000
total current liabilities10,6949,3666,3584,0220
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions1435265380
total long term liabilities1435265380
total liabilities10,8379,4186,4234,0600
net assets40719217239750
total shareholders funds40719217239750
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Operating Activities
Operating Profit173-64-22542862
Depreciation1870000
Amortisation00000
Tax-7200-81-12
Stock00000
Debtors2,846741,9944,20750
Creditors0-6,3582,3364,0220
Accruals and Deferred Income1,1285,037000
Deferred Taxes & Provisions91-1327380
Cash flow from operations-1,339-1,4721442000
Investing Activities
capital expenditure-66168-144-2000
Change in Investments00000
cash flow from investments-66168-144-2000
Financing Activities
Bank loans00000
Group/Directors Accounts2004,329000
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue050000
interest11434000
cash flow from financing3144,413000
cash and cash equivalents
cash-1,6863,009000
overdraft00000
change in cash-1,6863,009000

bsp accountancy services ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bsp Accountancy Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bsp accountancy services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CA2 area or any other competitors across 12 key performance metrics.

bsp accountancy services ltd Ownership

BSP ACCOUNTANCY SERVICES LTD group structure

Bsp Accountancy Services Ltd has no subsidiary companies.

Ultimate parent company

BSP ACCOUNTANCY SERVICES LTD

11412741

BSP ACCOUNTANCY SERVICES LTD Shareholders

ben pounds 80%
emma hill 20%

bsp accountancy services ltd directors

Bsp Accountancy Services Ltd currently has 1 director, Mr Ben Pounds serving since Oct 2019.

officercountryagestartendrole
Mr Ben PoundsEngland42 years Oct 2019- Director

P&L

October 2023

turnover

55k

+33%

operating profit

173

0%

gross margin

95.1%

+3.96%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2023

net assets

407

+1.12%

total assets

11.2k

+0.17%

cash

1.3k

-0.56%

net assets

Total assets minus all liabilities

bsp accountancy services ltd company details

company number

11412741

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

r beeson pipe fitting limited (October 2019)

accountant

-

auditor

-

address

7 sunnymeade, carlisle, cumbria, CA2 4NR

Bank

-

Legal Advisor

-

bsp accountancy 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 bsp accountancy services ltd.

bsp accountancy 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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bsp accountancy services ltd Companies House Filings - See Documents

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