saeed accountancy ltd

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saeed accountancy ltd Company Information

Share SAEED ACCOUNTANCY LTD

Company Number

11813980

Shareholders

saeed muhammad

Group Structure

View All

Industry

Tax consultancy

 

Registered Address

59 sandhurst avenue, birmingham, west midlands, B36 8EJ

Website

-

saeed accountancy ltd Estimated Valuation

£250.5k

Pomanda estimates the enterprise value of SAEED ACCOUNTANCY LTD at £250.5k based on a Turnover of £260.9k and 0.96x industry multiple (adjusted for size and gross margin).

saeed accountancy ltd Estimated Valuation

£114

Pomanda estimates the enterprise value of SAEED ACCOUNTANCY LTD at £114 based on an EBITDA of £21 and a 5.36x industry multiple (adjusted for size and gross margin).

saeed accountancy ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SAEED ACCOUNTANCY LTD at £0 based on Net Assets of £-7k and 3.91x industry multiple (adjusted for liquidity).

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Saeed Accountancy Ltd Overview

Saeed Accountancy Ltd is a live company located in west midlands, B36 8EJ with a Companies House number of 11813980. It operates in the tax consultancy sector, SIC Code 69203. Founded in February 2019, it's largest shareholder is saeed muhammad with a 100% stake. Saeed Accountancy Ltd is a young, micro sized company, Pomanda has estimated its turnover at £260.9k with rapid growth in recent years.

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Saeed Accountancy Ltd Health Check

Pomanda's financial health check has awarded Saeed Accountancy Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £260.9k, make it larger than the average company (£212k)

£260.9k - Saeed Accountancy Ltd

£212k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (8.6%)

40% - Saeed Accountancy Ltd

8.6% - Industry AVG

production

Production

with a gross margin of 80.3%, this company has a comparable cost of product (80.3%)

80.3% - Saeed Accountancy Ltd

80.3% - Industry AVG

profitability

Profitability

an operating margin of -0.4% make it less profitable than the average company (6.6%)

-0.4% - Saeed Accountancy Ltd

6.6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Saeed Accountancy Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £51k, the company has an equivalent pay structure (£51k)

£51k - Saeed Accountancy Ltd

£51k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87k, this is equally as efficient (£87k)

£87k - Saeed Accountancy Ltd

£87k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Saeed Accountancy Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Saeed Accountancy Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Saeed Accountancy Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (24 weeks)

9 weeks - Saeed Accountancy Ltd

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 588.9%, this is a higher level of debt than the average (54.9%)

588.9% - Saeed Accountancy Ltd

54.9% - Industry AVG

SAEED ACCOUNTANCY LTD financials

EXPORTms excel logo

Saeed Accountancy Ltd's latest turnover from February 2024 is estimated at £260.9 thousand and the company has net assets of -£7 thousand. According to their latest financial statements, Saeed Accountancy Ltd has 3 employees and maintains cash reserves of £741 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Turnover260,910164,823502,59994,505149,430
Other Income Or Grants
Cost Of Sales51,40127,23778,87912,1486,070
Gross Profit209,509137,586423,72082,357143,360
Admin Expenses210,435132,104432,81280,702144,093
Operating Profit-9265,482-9,0921,655-733
Interest Payable630770626320
Interest Receivable24418315
Pre-Tax Profit-1,5314,753-9,7101,337-718
Tax-903-254
Profit After Tax-1,5313,850-9,7101,083-718
Dividends Paid
Retained Profit-1,5313,850-9,7101,083-718
Employee Costs153,08897,353187,764121,65870,221
Number Of Employees32642
EBITDA*216,429-8,1452,602-482

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Tangible Assets6961,6432,5903,5371,004
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6961,6432,5903,5371,004
Stock & work in progress
Trade Debtors7,284
Group Debtors
Misc Debtors
Cash7411821,8771,2894,110
misc current assets
total current assets7411821,8778,5734,110
total assets1,4371,8254,46712,1105,114
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,9126755,0611,2445,831
total current liabilities3,9126755,0611,2445,831
loans4,5506,6448,75010,500
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities4,5506,6448,75010,500
total liabilities8,4627,31913,81111,7445,831
net assets-7,025-5,494-9,344366-717
total shareholders funds-7,025-5,494-9,344366-717
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Operating Activities
Operating Profit-9265,482-9,0921,655-733
Depreciation947947947947251
Amortisation
Tax-903-254
Stock
Debtors-7,2847,284
Creditors
Accruals and Deferred Income3,237-4,3863,817-4,5875,831
Deferred Taxes & Provisions
Cash flow from operations3,2581,1402,956-9,5235,349
Investing Activities
capital expenditure-3,480-1,255
Change in Investments
cash flow from investments-3,480-1,255
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-2,094-2,106-1,75010,500
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest-606-729-618-31715
cash flow from financing-2,700-2,835-2,36810,18316
cash and cash equivalents
cash559-1,695588-2,8214,110
overdraft
change in cash559-1,695588-2,8214,110

saeed accountancy ltd 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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Saeed Accountancy Ltd Competitor Analysis

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Perform a competitor analysis for saeed accountancy ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B36 area or any other competitors across 12 key performance metrics.

saeed accountancy ltd Ownership

SAEED ACCOUNTANCY LTD group structure

Saeed Accountancy Ltd has no subsidiary companies.

Ultimate parent company

SAEED ACCOUNTANCY LTD

11813980

SAEED ACCOUNTANCY LTD Shareholders

saeed muhammad 100%

saeed accountancy ltd directors

Saeed Accountancy Ltd currently has 1 director, Mr Saeed Muhammad serving since Feb 2019.

officercountryagestartendrole
Mr Saeed MuhammadUnited Kingdom44 years Feb 2019- Director

P&L

February 2024

turnover

260.9k

+58%

operating profit

-925.6

0%

gross margin

80.3%

-3.8%

turnover

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

Balance Sheet

February 2024

net assets

-7k

+0.28%

total assets

1.4k

-0.21%

cash

741

+3.07%

net assets

Total assets minus all liabilities

saeed accountancy ltd company details

company number

11813980

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

February 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

59 sandhurst avenue, birmingham, west midlands, B36 8EJ

Bank

-

Legal Advisor

-

saeed accountancy 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 saeed accountancy ltd.

saeed accountancy 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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saeed accountancy ltd Companies House Filings - See Documents

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