french tax returns ltd
french tax returns ltd Company Information
Company Number
11588877
Website
frenchtaxreturns.co.ukRegistered Address
1, claremont road coton green, tamworth, B79 8EN
Industry
Accounting, and auditing activities
Telephone
441827703976
Next Accounts Due
September 2025
Group Structure
View All
Directors
Michael Bygrave6 Years
Shareholders
michael bygrave 100%
french tax returns ltd Estimated Valuation
Pomanda estimates the enterprise value of FRENCH TAX RETURNS LTD at £48.3k based on a Turnover of £72k and 0.67x industry multiple (adjusted for size and gross margin).
french tax returns ltd Estimated Valuation
Pomanda estimates the enterprise value of FRENCH TAX RETURNS LTD at £0 based on an EBITDA of £-1.7k and a 3.8x industry multiple (adjusted for size and gross margin).
french tax returns ltd Estimated Valuation
Pomanda estimates the enterprise value of FRENCH TAX RETURNS LTD at £25.4k based on Net Assets of £8.4k and 3.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
French Tax Returns Ltd Overview
French Tax Returns Ltd is a live company located in tamworth, B79 8EN with a Companies House number of 11588877. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2018, it's largest shareholder is michael bygrave with a 100% stake. French Tax Returns Ltd is a young, micro sized company, Pomanda has estimated its turnover at £72k with rapid growth in recent years.
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French Tax Returns Ltd Health Check
Pomanda's financial health check has awarded French Tax Returns Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £72k, make it smaller than the average company (£130.8k)
- French Tax Returns Ltd
£130.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (7.8%)
- French Tax Returns Ltd
7.8% - Industry AVG
Production
with a gross margin of 44.2%, this company has a higher cost of product (73.3%)
- French Tax Returns Ltd
73.3% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (13.9%)
- French Tax Returns Ltd
13.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - French Tax Returns Ltd
3 - Industry AVG
Pay Structure
on an average salary of £21.9k, the company has an equivalent pay structure (£21.9k)
- French Tax Returns Ltd
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £36k, this is less efficient (£75.5k)
- French Tax Returns Ltd
£75.5k - Industry AVG
Debtor Days
it gets paid by customers after 182 days, this is later than average (92 days)
- French Tax Returns Ltd
92 days - Industry AVG
Creditor Days
its suppliers are paid after 251 days, this is slower than average (24 days)
- French Tax Returns Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- French Tax Returns Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - French Tax Returns Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.8%, this is a higher level of debt than the average (58.6%)
76.8% - French Tax Returns Ltd
58.6% - Industry AVG
FRENCH TAX RETURNS LTD financials
French Tax Returns Ltd's latest turnover from December 2023 is estimated at £72 thousand and the company has net assets of £8.4 thousand. According to their latest financial statements, French Tax Returns Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 30,767 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 30,767 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 36,063 | 17,626 | 5,873 | 13,878 | 12,402 | 258 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 36,063 | 17,626 | 5,873 | 13,878 | 12,402 | 258 |
| total assets | 36,063 | 17,626 | 36,640 | 13,878 | 12,402 | 258 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 27,680 | 7,537 | 8,819 | 720 | 2,313 | 32 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 27,680 | 7,537 | 8,819 | 720 | 2,313 | 32 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 27,680 | 7,537 | 8,819 | 720 | 2,313 | 32 |
| net assets | 8,383 | 10,089 | 27,821 | 13,158 | 10,089 | 226 |
| total shareholders funds | 8,383 | 10,089 | 27,821 | 13,158 | 10,089 | 226 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 18,437 | 11,753 | -8,005 | 1,476 | 12,144 | 258 |
| Creditors | 20,143 | -1,282 | 8,099 | -1,593 | 2,281 | 32 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
french tax returns ltd Credit Report and Business Information
French Tax Returns Ltd Competitor Analysis
Perform a competitor analysis for french tax returns ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B79 area or any other competitors across 12 key performance metrics.
french tax returns ltd Ownership
FRENCH TAX RETURNS LTD group structure
French Tax Returns Ltd has no subsidiary companies.
Ultimate parent company
FRENCH TAX RETURNS LTD
11588877
french tax returns ltd directors
French Tax Returns Ltd currently has 1 director, Mr Michael Bygrave serving since Sep 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Bygrave | 65 years | Sep 2018 | - | Director |
P&L
December 2023turnover
72k
+52%
operating profit
-1.7k
0%
gross margin
44.2%
-3.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.4k
-0.17%
total assets
36.1k
+1.05%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
french tax returns ltd company details
company number
11588877
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
1, claremont road coton green, tamworth, B79 8EN
Bank
-
Legal Advisor
-
french tax returns 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 french tax returns ltd.
french tax returns ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
