makesworth audit services ltd
makesworth audit services ltd Company Information
Company Number
11496422
Next Accounts
May 2025
Industry
Accounting, and auditing activities
Shareholders
indra girt
sanjay sah
Group Structure
View All
Contact
Registered Address
unit 101, first floor, cervantes, 5-9 headstone road, harrow, middlesex, HA1 1PD
Website
makesworthaudit.co.ukmakesworth audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKESWORTH AUDIT SERVICES LTD at £32.6k based on a Turnover of £43.5k and 0.75x industry multiple (adjusted for size and gross margin).
makesworth audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKESWORTH AUDIT SERVICES LTD at £271.3k based on an EBITDA of £54.5k and a 4.98x industry multiple (adjusted for size and gross margin).
makesworth audit services ltd Estimated Valuation
Pomanda estimates the enterprise value of MAKESWORTH AUDIT SERVICES LTD at £233.7k based on Net Assets of £77.8k and 3.01x industry multiple (adjusted for liquidity).
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Makesworth Audit Services Ltd Overview
Makesworth Audit Services Ltd is a live company located in harrow, HA1 1PD with a Companies House number of 11496422. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2018, it's largest shareholder is indra girt with a 51% stake. Makesworth Audit Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £43.5k with rapid growth in recent years.
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Makesworth Audit Services Ltd Health Check
Pomanda's financial health check has awarded Makesworth Audit Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £43.5k, make it smaller than the average company (£126.4k)
- Makesworth Audit Services Ltd
£126.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 509%, show it is growing at a faster rate (6.4%)
- Makesworth Audit Services Ltd
6.4% - Industry AVG
Production
with a gross margin of 46.7%, this company has a higher cost of product (74.8%)
- Makesworth Audit Services Ltd
74.8% - Industry AVG
Profitability
an operating margin of 125.3% make it more profitable than the average company (15%)
- Makesworth Audit Services Ltd
15% - Industry AVG
Employees
with 2 employees, this is similar to the industry average (2)
2 - Makesworth Audit Services Ltd
2 - Industry AVG
Pay Structure
on an average salary of £19.1k, the company has an equivalent pay structure (£19.1k)
- Makesworth Audit Services Ltd
£19.1k - Industry AVG
Efficiency
resulting in sales per employee of £21.7k, this is less efficient (£71.5k)
- Makesworth Audit Services Ltd
£71.5k - Industry AVG
Debtor Days
it gets paid by customers after 110 days, this is near the average (99 days)
- Makesworth Audit Services Ltd
99 days - Industry AVG
Creditor Days
its suppliers are paid after 533 days, this is slower than average (21 days)
- Makesworth Audit Services Ltd
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Makesworth Audit Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 151 weeks, this is more cash available to meet short term requirements (21 weeks)
151 weeks - Makesworth Audit Services Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.4%, this is a lower level of debt than the average (58.6%)
30.4% - Makesworth Audit Services Ltd
58.6% - Industry AVG
MAKESWORTH AUDIT SERVICES LTD financials
Makesworth Audit Services Ltd's latest turnover from August 2023 is estimated at £43.5 thousand and the company has net assets of £77.8 thousand. According to their latest financial statements, Makesworth Audit Services Ltd has 2 employees and maintains cash reserves of £98.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 13,180 | 5,428 | 893 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 98,448 | 47,755 | 11,135 | 172 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 111,628 | 53,183 | 12,028 | 172 | 100 |
| total assets | 111,628 | 53,183 | 12,028 | 172 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,875 | 19,167 | 5,839 | 100 | 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,875 | 19,167 | 5,839 | 100 | 0 |
| 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 | 33,875 | 19,167 | 5,839 | 100 | 0 |
| net assets | 77,753 | 34,016 | 6,189 | 72 | 100 |
| total shareholders funds | 77,753 | 34,016 | 6,189 | 72 | 100 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 7,752 | 4,535 | 893 | 0 | 0 |
| Creditors | 14,708 | 13,328 | 5,739 | 100 | 0 |
| 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 | 50,693 | 36,620 | 10,963 | 72 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 50,693 | 36,620 | 10,963 | 72 | 100 |
makesworth audit services ltd Credit Report and Business Information
Makesworth Audit Services Ltd Competitor Analysis
Perform a competitor analysis for makesworth audit services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.
makesworth audit services ltd Ownership
MAKESWORTH AUDIT SERVICES LTD group structure
Makesworth Audit Services Ltd has no subsidiary companies.
Ultimate parent company
MAKESWORTH AUDIT SERVICES LTD
11496422
makesworth audit services ltd directors
Makesworth Audit Services Ltd currently has 2 directors. The longest serving directors include Mr Sanjay Sah (Aug 2018) and Mr Indra Giri (Aug 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjay Sah | United Kingdom | 46 years | Aug 2018 | - | Director |
| Mr Indra Giri | England | 46 years | Aug 2018 | - | Director |
P&L
August 2023turnover
43.5k
+35%
operating profit
54.5k
0%
gross margin
46.8%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
77.8k
+1.29%
total assets
111.6k
+1.1%
cash
98.4k
+1.06%
net assets
Total assets minus all liabilities
Similar Companies
makesworth audit services ltd company details
company number
11496422
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
August 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
August 2023
previous names
london accountancy & audit services ltd (October 2020)
accountant
-
auditor
-
address
unit 101, first floor, cervantes, 5-9 headstone road, harrow, middlesex, HA1 1PD
Bank
-
Legal Advisor
-
makesworth audit 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 makesworth audit services ltd.
makesworth audit 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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makesworth audit services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
