richland accountants & business advisers limited

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richland accountants & business advisers limited Company Information

Share RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED

Company Number

11610667

Shareholders

kudzayi chipatiso

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

82 armstrongs fields, broughton, aylesbury, HP22 7BR

richland accountants & business advisers limited Estimated Valuation

£21.5k

Pomanda estimates the enterprise value of RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED at £21.5k based on a Turnover of £30.4k and 0.71x industry multiple (adjusted for size and gross margin).

richland accountants & business advisers limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED at £0 based on an EBITDA of £-1.1k and a 4.53x industry multiple (adjusted for size and gross margin).

richland accountants & business advisers limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED at £0 based on Net Assets of £-8.2k and 3.06x industry multiple (adjusted for liquidity).

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Richland Accountants & Business Advisers Limited Overview

Richland Accountants & Business Advisers Limited is a live company located in aylesbury, HP22 7BR with a Companies House number of 11610667. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in October 2018, it's largest shareholder is kudzayi chipatiso with a 100% stake. Richland Accountants & Business Advisers Limited is a young, micro sized company, Pomanda has estimated its turnover at £30.4k with high growth in recent years.

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Richland Accountants & Business Advisers Limited Health Check

Pomanda's financial health check has awarded Richland Accountants & Business Advisers Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £30.4k, make it smaller than the average company (£211.7k)

£30.4k - Richland Accountants & Business Advisers Limited

£211.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.9%)

18% - Richland Accountants & Business Advisers Limited

6.9% - Industry AVG

production

Production

with a gross margin of 49.5%, this company has a higher cost of product (94.7%)

49.5% - Richland Accountants & Business Advisers Limited

94.7% - Industry AVG

profitability

Profitability

an operating margin of -3.8% make it less profitable than the average company (12.1%)

-3.8% - Richland Accountants & Business Advisers Limited

12.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Richland Accountants & Business Advisers Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Richland Accountants & Business Advisers Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £15.2k, this is less efficient (£79.5k)

£15.2k - Richland Accountants & Business Advisers Limited

£79.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (75 days)

0 days - Richland Accountants & Business Advisers Limited

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 62 days, this is slower than average (24 days)

62 days - Richland Accountants & Business Advisers Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Richland Accountants & Business Advisers Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Richland Accountants & Business Advisers Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 601.8%, this is a higher level of debt than the average (51.1%)

601.8% - Richland Accountants & Business Advisers Limited

51.1% - Industry AVG

RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED financials

EXPORTms excel logo

Richland Accountants & Business Advisers Limited's latest turnover from October 2023 is estimated at £30.4 thousand and the company has net assets of -£8.2 thousand. According to their latest financial statements, Richland Accountants & Business Advisers Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Turnover30,39932,92119,23618,70215,058
Other Income Or Grants
Cost Of Sales15,34715,6078,5668,1706,267
Gross Profit15,05217,31410,67010,5328,791
Admin Expenses16,19817,52810,92016,8579,091
Operating Profit-1,146-214-250-6,325-300
Interest Payable
Interest Receivable
Pre-Tax Profit-1,146-214-250-6,325-300
Tax
Profit After Tax-1,146-214-250-6,325-300
Dividends Paid
Retained Profit-1,146-214-250-6,325-300
Employee Costs70,62665,71032,26228,26533,643
Number Of Employees22111
EBITDA*-1,146-214-250-6,325-300

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Tangible Assets1,6002,4003,2004,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,6002,4003,2004,000
Stock & work in progress
Trade Debtors413,2162,7802,000100
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets413,2162,7802,000100
total assets1,6415,6165,9806,000100
Bank overdraft
Bank loan
Trade Creditors 2,6482,479400
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities2,6482,479400
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities7,22810,22612,85512,625
provisions
total long term liabilities7,22810,22612,85512,625
total liabilities9,87612,70512,85512,625400
net assets-8,235-7,089-6,875-6,625-300
total shareholders funds-8,235-7,089-6,875-6,625-300
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Operating Activities
Operating Profit-1,146-214-250-6,325-300
Depreciation
Amortisation
Tax
Stock
Debtors-3,1754367801,900100
Creditors1692,479-400400
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations2,1981,829-1,030-8,625
Investing Activities
capital expenditure800800800-4,000
Change in Investments
cash flow from investments800800800-4,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,998-2,62923012,625
share issue
interest
cash flow from financing-2,998-2,62923012,625
cash and cash equivalents
cash
overdraft
change in cash

richland accountants & business advisers limited 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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Richland Accountants & Business Advisers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for richland accountants & business advisers limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HP22 area or any other competitors across 12 key performance metrics.

richland accountants & business advisers limited Ownership

RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED group structure

Richland Accountants & Business Advisers Limited has no subsidiary companies.

Ultimate parent company

RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED

11610667

RICHLAND ACCOUNTANTS & BUSINESS ADVISERS LIMITED Shareholders

kudzayi chipatiso 100%

richland accountants & business advisers limited directors

Richland Accountants & Business Advisers Limited currently has 2 directors. The longest serving directors include Mr Kudzayi Chipatiso (Oct 2018) and Ms Wadzanai Masayire (Sep 2022).

officercountryagestartendrole
Mr Kudzayi ChipatisoEngland38 years Oct 2018- Director
Ms Wadzanai MasayireUnited Kingdom35 years Sep 2022- Director

P&L

October 2023

turnover

30.4k

-8%

operating profit

-1.1k

0%

gross margin

49.6%

-5.85%

turnover

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

Balance Sheet

October 2023

net assets

-8.2k

+0.16%

total assets

1.6k

-0.71%

cash

0

0%

net assets

Total assets minus all liabilities

richland accountants & business advisers limited company details

company number

11610667

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

October 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

82 armstrongs fields, broughton, aylesbury, HP22 7BR

Bank

-

Legal Advisor

-

richland accountants & business advisers 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 richland accountants & business advisers limited.

richland accountants & business advisers 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.

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richland accountants & business advisers limited Companies House Filings - See Documents

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