about tax limited
about tax limited Company Information
Company Number
11537961
Next Accounts
3 days late
Shareholders
xeinadin group limited
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
suite 3d, blackthorne house, skull house l, wigan, WN6 9DB
Website
abouttax.co.ukabout tax limited Estimated Valuation
Pomanda estimates the enterprise value of ABOUT TAX LIMITED at £63.5k based on a Turnover of £116.6k and 0.54x industry multiple (adjusted for size and gross margin).
about tax limited Estimated Valuation
Pomanda estimates the enterprise value of ABOUT TAX LIMITED at £465.1k based on an EBITDA of £143.4k and a 3.24x industry multiple (adjusted for size and gross margin).
about tax limited Estimated Valuation
Pomanda estimates the enterprise value of ABOUT TAX LIMITED at £406.2k based on Net Assets of £168.4k and 2.41x industry multiple (adjusted for liquidity).
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About Tax Limited Overview
About Tax Limited is a live company located in wigan, WN6 9DB with a Companies House number of 11537961. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in August 2018, it's largest shareholder is xeinadin group limited with a 100% stake. About Tax Limited is a young, micro sized company, Pomanda has estimated its turnover at £116.6k with rapid growth in recent years.
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About Tax Limited Health Check
Pomanda's financial health check has awarded About Tax Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £116.6k, make it smaller than the average company (£888k)
- About Tax Limited
£888k - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (5.8%)
- About Tax Limited
5.8% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (41.1%)
- About Tax Limited
41.1% - Industry AVG
Profitability
an operating margin of 122.1% make it more profitable than the average company (6.5%)
- About Tax Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - About Tax Limited
14 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- About Tax Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £58.3k, this is less efficient (£86.8k)
- About Tax Limited
£86.8k - Industry AVG
Debtor Days
it gets paid by customers after 97 days, this is later than average (30 days)
- About Tax Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 141 days, this is slower than average (39 days)
- About Tax Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- About Tax Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (46 weeks)
58 weeks - About Tax Limited
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34%, this is a lower level of debt than the average (44.8%)
34% - About Tax Limited
44.8% - Industry AVG
ABOUT TAX LIMITED financials
About Tax Limited's latest turnover from May 2023 is estimated at £116.6 thousand and the company has net assets of £168.4 thousand. According to their latest financial statements, About Tax Limited has 2 employees and maintains cash reserves of £97.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,666 | 3,769 | 5,239 | 2,448 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 2,666 | 3,769 | 5,239 | 2,448 | |
| Stock & work in progress | |||||
| Trade Debtors | 31,257 | 2,103 | 1,350 | 4,450 | |
| Group Debtors | 118,845 | ||||
| Misc Debtors | 4,570 | 27,950 | 73,418 | 2,428 | |
| Cash | 97,785 | 61,658 | 68,116 | 177,531 | 52,329 |
| misc current assets | |||||
| total current assets | 252,457 | 91,711 | 142,884 | 181,981 | 54,757 |
| total assets | 255,123 | 95,480 | 148,123 | 184,429 | 54,757 |
| Bank overdraft | 261 | 3,250 | |||
| Bank loan | |||||
| Trade Creditors | 35,974 | 1,929 | 24 | 34,081 | |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 50,493 | 34,593 | 22,687 | 37,921 | |
| total current liabilities | 86,728 | 36,522 | 25,961 | 34,081 | 37,921 |
| loans | 44,876 | ||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 49,350 | ||||
| provisions | |||||
| total long term liabilities | 44,876 | 49,350 | |||
| total liabilities | 86,728 | 36,522 | 70,837 | 83,431 | 37,921 |
| net assets | 168,395 | 58,958 | 77,286 | 100,998 | 16,836 |
| total shareholders funds | 168,395 | 58,958 | 77,286 | 100,998 | 16,836 |
| May 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,103 | 1,470 | 32 | 32 | |
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 124,619 | -44,715 | 70,318 | 2,022 | 2,428 |
| Creditors | 34,045 | 1,905 | -34,057 | 34,081 | |
| Accruals and Deferred Income | 15,900 | 11,906 | 22,687 | -37,921 | 37,921 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -44,876 | 44,876 | |||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | -49,350 | 49,350 | |||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 36,127 | -6,458 | -109,415 | 125,202 | 52,329 |
| overdraft | 261 | -3,250 | 3,250 | ||
| change in cash | 35,866 | -3,208 | -112,665 | 125,202 | 52,329 |
about tax limited Credit Report and Business Information
About Tax Limited Competitor Analysis
Perform a competitor analysis for about tax limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WN6 area or any other competitors across 12 key performance metrics.
about tax limited Ownership
ABOUT TAX LIMITED group structure
About Tax Limited has no subsidiary companies.
Ultimate parent company
2 parents
ABOUT TAX LIMITED
11537961
about tax limited directors
About Tax Limited currently has 3 directors. The longest serving directors include Mr Adam Owens (Aug 2018) and Ms Sian Lloyd (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Owens | England | 38 years | Aug 2018 | - | Director |
| Ms Sian Lloyd | United Kingdom | 40 years | Feb 2023 | - | Director |
| Mr Julian Owens | United Kingdom | 53 years | Jun 2023 | - | Director |
P&L
May 2023turnover
116.6k
+249%
operating profit
142.3k
0%
gross margin
20.2%
+6.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
168.4k
+1.86%
total assets
255.1k
+1.67%
cash
97.8k
+0.59%
net assets
Total assets minus all liabilities
about tax limited company details
company number
11537961
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
suite 3d, blackthorne house, skull house l, wigan, WN6 9DB
Bank
-
Legal Advisor
-
about tax limited 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 about tax limited.
about tax limited 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.
Click to start generating capital raising & share issue transactions for ABOUT TAX LIMITED. This can take several minutes, an email will notify you when this has completed.
about tax limited Companies House Filings - See Documents
| date | description | view/download |
|---|
