the digital accounting department ltdEstimated Valuation
£222.9k
Pomanda estimates the enterprise value of THE DIGITAL ACCOUNTING DEPARTMENT LTD at £222.9k based on a Turnover of £218.5k and 1.02x industry multiple (adjusted for size and gross margin).
the digital accounting department ltdEstimated Valuation
£19.4k
Pomanda estimates the enterprise value of THE DIGITAL ACCOUNTING DEPARTMENT LTD at £19.4k based on an EBITDA of £3.2k and a 6.16x industry multiple (adjusted for size and gross margin).
the digital accounting department ltdEstimated Valuation
£33.6k
Pomanda estimates the enterprise value of THE DIGITAL ACCOUNTING DEPARTMENT LTD at £33.6k based on Net Assets of £11.1k and 3.03x industry multiple (adjusted for liquidity).
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The Digital Accounting Department LtdOverview
The Digital Accounting Department Ltd is a live company located in waterlooville, PO7 7TU with a Companies House number of 11800525. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2019, it's largest shareholder is
mrs nicole bateman
with a 100% stake. The Digital Accounting Department Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£218.5k with
high
growth in recent years.
The Digital Accounting Department Ltd Health Check
Pomanda's financial health check has awarded The Digital Accounting Department Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
3 Strong
3 Regular
5 Weak
Size
annual sales of £218.5k, make it in line with the average company (£202k)
£218.5k - The Digital Accounting Department Ltd
£202k - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (8.1%)
27% - The Digital Accounting Department Ltd
8.1% - Industry AVG
Production
with a gross margin of 94.1%, this company has a comparable cost of product (94.1%)
94.1% - The Digital Accounting Department Ltd
94.1% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (10.1%)
0.8% - The Digital Accounting Department Ltd
10.1% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - The Digital Accounting Department Ltd
3 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
£35.2k - The Digital Accounting Department Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £43.7k, this is less efficient (£79.2k)
£43.7k - The Digital Accounting Department Ltd
£79.2k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is earlier than average (77 days)
54 days - The Digital Accounting Department Ltd
77 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (26 days)
19 days - The Digital Accounting Department Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Digital Accounting Department Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 19 weeks, this is less cash available to meet short term requirements (32 weeks)
19 weeks - The Digital Accounting Department Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (50.4%)
83% - The Digital Accounting Department Ltd
50.4% - Industry AVG
THE DIGITAL ACCOUNTING DEPARTMENT LTD financials
EXPORT
The Digital Accounting Department Ltd's latest turnover from January 2024 is estimated at £218.5 thousand and the company has net assets of £11.1 thousand. According to their latest financial statements, The Digital Accounting Department Ltd has 5 employees and maintains cash reserves of £17.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Turnover
218,461
179,833
126,519
105,556
103,745
Other Income Or Grants
Cost Of Sales
12,894
21,301
16,641
16,235
1,660
Gross Profit
205,567
158,532
109,878
89,321
102,086
Admin Expenses
203,850
157,550
113,278
82,068
89,686
Operating Profit
1,717
982
-3,400
7,253
12,400
Interest Payable
1,599
1,820
1,458
763
Interest Receivable
823
647
85
27
30
Pre-Tax Profit
941
-191
-4,773
6,517
12,430
Tax
-235
-1,238
-2,362
Profit After Tax
706
-191
-4,773
5,279
10,068
Dividends Paid
Retained Profit
706
-191
-4,773
5,279
10,068
Employee Costs
176,198
177,514
127,754
85,442
94,611
Number Of Employees
5
5
4
3
3
EBITDA*
3,153
2,211
-2,275
7,253
12,400
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Tangible Assets
1,539
2,147
3,376
1,243
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,539
2,147
3,376
1,243
Stock & work in progress
22,600
Trade Debtors
32,425
20,091
14,998
13,971
11,840
Group Debtors
Misc Debtors
14,097
11,175
21,590
2,567
138
Cash
17,345
14,015
22,947
45,268
7,963
misc current assets
total current assets
63,867
45,281
82,135
61,806
19,941
total assets
65,406
47,428
85,511
63,049
19,941
Bank overdraft
Bank loan
4,956
5,484
5,000
Trade Creditors
676
1,849
Group/Directors Accounts
5,394
2,718
other short term finances
hp & lease commitments
other current liabilities
41,477
19,995
50,779
17,071
7,154
total current liabilities
47,109
25,479
57,628
22,465
9,872
loans
6,822
11,157
16,667
25,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
385
408
641
236
total long term liabilities
7,207
11,565
17,308
25,236
total liabilities
54,316
37,044
74,936
47,701
9,872
net assets
11,090
10,384
10,575
15,348
10,069
total shareholders funds
11,090
10,384
10,575
15,348
10,069
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Operating Activities
Operating Profit
1,717
982
-3,400
7,253
12,400
Depreciation
1,436
1,229
1,125
Amortisation
Tax
-235
-1,238
-2,362
Stock
-22,600
22,600
Debtors
15,256
-5,322
20,050
4,560
11,978
Creditors
676
-1,849
1,849
Accruals and Deferred Income
21,482
-30,784
33,708
9,917
7,154
Deferred Taxes & Provisions
-23
-233
405
236
Cash flow from operations
9,797
-2,733
-8,963
11,608
5,214
Investing Activities
capital expenditure
-828
-3,258
-1,243
Change in Investments
cash flow from investments
-828
-3,258
-1,243
Financing Activities
Bank loans
-528
484
5,000
Group/Directors Accounts
-5,394
2,676
2,718
Other Short Term Loans
Long term loans
-4,335
-5,510
-8,333
25,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-776
-1,173
-1,373
-736
30
cash flow from financing
-5,639
-6,199
-10,100
26,940
2,749
cash and cash equivalents
cash
3,330
-8,932
-22,321
37,305
7,963
overdraft
change in cash
3,330
-8,932
-22,321
37,305
7,963
the digital accounting department ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the digital accounting department ltd. Get real-time insights into the digital accounting department ltd's credit score, group structure and payment trends.
The Digital Accounting Department Ltd Competitor Analysis
Perform a competitor analysis for the digital accounting department ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PO7 area or any other competitors across 12 key performance metrics.
the digital accounting department ltd Ownership
THE DIGITAL ACCOUNTING DEPARTMENT LTD group structure
The Digital Accounting Department Ltd has no subsidiary companies.
Ultimate parent company
THE DIGITAL ACCOUNTING DEPARTMENT LTD
11800525
THE DIGITAL ACCOUNTING DEPARTMENT LTD Shareholders
The sole shareholder of The Digital Accounting Department Ltd is Mrs Nicole Bateman.
mrs nicole bateman
100%
the digital accounting department ltd directors
The Digital Accounting Department Ltd currently has 1 director, Mrs Nicole Bateman serving since Jan 2019.
the digital accounting department ltd company details
company number
11800525
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
MMO LIMITED
auditor
-
address
hermitage house, st. georges walk, waterlooville, PO7 7TU
Bank
-
Legal Advisor
-
the digital accounting department 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 the digital accounting department ltd.
the digital accounting department 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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the digital accounting department ltdCompanies House Filings - See Documents
