baker watkin accounting ltd

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baker watkin accounting ltd Company Information

Share BAKER WATKIN ACCOUNTING LTD

Company Number

12059192

Shareholders

sks sg limited

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

3 sheen road, richmond upon thames, TW9 1AD

baker watkin accounting ltd Estimated Valuation

£227.8k

Pomanda estimates the enterprise value of BAKER WATKIN ACCOUNTING LTD at £227.8k based on a Turnover of £296.4k and 0.77x industry multiple (adjusted for size and gross margin).

baker watkin accounting ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BAKER WATKIN ACCOUNTING LTD at £0 based on an EBITDA of £-135.8k and a 4.95x industry multiple (adjusted for size and gross margin).

baker watkin accounting ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of BAKER WATKIN ACCOUNTING LTD at £0 based on Net Assets of £-131.2k and 3.02x industry multiple (adjusted for liquidity).

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Baker Watkin Accounting Ltd Overview

Baker Watkin Accounting Ltd is a live company located in richmond upon thames, TW9 1AD with a Companies House number of 12059192. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2019, it's largest shareholder is sks sg limited with a 100% stake. Baker Watkin Accounting Ltd is a young, micro sized company, Pomanda has estimated its turnover at £296.4k with declining growth in recent years.

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Baker Watkin Accounting Ltd Health Check

Pomanda's financial health check has awarded Baker Watkin Accounting Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £296.4k, make it larger than the average company (£208.8k)

£296.4k - Baker Watkin Accounting Ltd

£208.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (7%)

-24% - Baker Watkin Accounting Ltd

7% - Industry AVG

production

Production

with a gross margin of 49.5%, this company has a higher cost of product (95%)

49.5% - Baker Watkin Accounting Ltd

95% - Industry AVG

profitability

Profitability

an operating margin of -45.8% make it less profitable than the average company (12%)

-45.8% - Baker Watkin Accounting Ltd

12% - Industry AVG

employees

Employees

with 5 employees, this is above the industry average (4)

5 - Baker Watkin Accounting Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - Baker Watkin Accounting Ltd

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.3k, this is less efficient (£79.2k)

£59.3k - Baker Watkin Accounting Ltd

£79.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 180 days, this is later than average (76 days)

180 days - Baker Watkin Accounting Ltd

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2143 days, this is slower than average (25 days)

2143 days - Baker Watkin Accounting Ltd

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 195 days, this is more than average (58 days)

195 days - Baker Watkin Accounting Ltd

58 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)

0 weeks - Baker Watkin Accounting Ltd

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 116.8%, this is a higher level of debt than the average (51.3%)

116.8% - Baker Watkin Accounting Ltd

51.3% - Industry AVG

BAKER WATKIN ACCOUNTING LTD financials

EXPORTms excel logo

Baker Watkin Accounting Ltd's latest turnover from November 2023 is estimated at £296.4 thousand and the company has net assets of -£131.2 thousand. According to their latest financial statements, Baker Watkin Accounting Ltd has 5 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020
Turnover296,413518,264685,869672,809
Other Income Or Grants0000
Cost Of Sales149,670245,618308,443293,561
Gross Profit146,743272,646377,425379,247
Admin Expenses282,59267,613516,745391,576
Operating Profit-135,849205,033-139,320-12,329
Interest Payable2,8935,2092,9350
Interest Receivable131754746
Pre-Tax Profit-138,611199,899-142,209-12,283
Tax0-37,98100
Profit After Tax-138,611161,918-142,209-12,283
Dividends Paid0000
Retained Profit-138,611161,918-142,209-12,283
Employee Costs180,896223,472248,576225,025
Number Of Employees5788
EBITDA*-135,849205,033-138,247-12,329

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020
Tangible Assets1,8592,4503,2133,288
Intangible Assets550,057473,622301,931447,477
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets551,916476,072305,144450,765
Stock & work in progress80,209108,32061,912137,695
Trade Debtors146,341284,886424,298361,006
Group Debtors0000
Misc Debtors0000
Cash1,2723,7191,25291,850
misc current assets0000
total current assets227,822396,925487,462590,551
total assets779,738872,997792,6061,041,316
Bank overdraft0000
Bank loan0000
Trade Creditors 878,942845,998705,7681,053,597
Group/Directors Accounts0000
other short term finances31,91919,51196,2450
hp & lease commitments0000
other current liabilities0000
total current liabilities910,861865,509802,0131,053,597
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities00145,0230
provisions1201201200
total long term liabilities6060145,0830
total liabilities910,921865,569947,0961,053,597
net assets-131,1837,428-154,490-12,281
total shareholders funds-131,1837,428-154,490-12,281
Nov 2023Nov 2022Nov 2021Nov 2020
Operating Activities
Operating Profit-135,849205,033-139,320-12,329
Depreciation001,0730
Amortisation0000
Tax0-37,98100
Stock-28,11146,408-75,783137,695
Debtors-138,545-139,41263,292361,006
Creditors32,944140,230-347,8291,053,597
Accruals and Deferred Income0000
Deferred Taxes & Provisions001200
Cash flow from operations63,751400,286-473,465542,567
Investing Activities
capital expenditure-75,844-170,928144,548-450,765
Change in Investments0000
cash flow from investments-75,844-170,928144,548-450,765
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 12,408-76,73496,2450
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0-145,023145,0230
share issue0002
interest-2,762-5,134-2,88846
cash flow from financing9,646-226,891238,38048
cash and cash equivalents
cash-2,4472,467-90,59891,850
overdraft0000
change in cash-2,4472,467-90,59891,850

baker watkin accounting 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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Baker Watkin Accounting Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for baker watkin accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TW9 area or any other competitors across 12 key performance metrics.

baker watkin accounting ltd Ownership

BAKER WATKIN ACCOUNTING LTD group structure

Baker Watkin Accounting Ltd has no subsidiary companies.

Ultimate parent company

2 parents

BAKER WATKIN ACCOUNTING LTD

12059192

BAKER WATKIN ACCOUNTING LTD Shareholders

sks sg limited 100%

baker watkin accounting ltd directors

Baker Watkin Accounting Ltd currently has 5 directors. The longest serving directors include Mr Christopher Craggs (Jun 2019) and Mr Sanjay Swarup (Jul 2019).

officercountryagestartendrole
Mr Christopher Craggs64 years Jun 2019- Director
Mr Sanjay SwarupUnited Kingdom58 years Jul 2019- Director
Mr Sanjay SwarupUnited Kingdom58 years Jul 2019- Director
Mr Sanjay SwarupEngland58 years Jul 2019- Director
Mr Anil SwarupUnited Kingdom59 years Aug 2021- Director

P&L

November 2023

turnover

296.4k

-43%

operating profit

-135.8k

0%

gross margin

49.6%

-5.89%

turnover

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

Balance Sheet

November 2023

net assets

-131.2k

-18.66%

total assets

779.7k

-0.11%

cash

1.3k

-0.66%

net assets

Total assets minus all liabilities

baker watkin accounting ltd company details

company number

12059192

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 2019

age

6

incorporated

UK

ultimate parent company

accounts

Audit Exemption Subsidiary

last accounts submitted

November 2023

previous names

N/A

accountant

SKS BUSINESS SERVICES LTD

auditor

-

address

3 sheen road, richmond upon thames, TW9 1AD

Bank

-

Legal Advisor

-

baker watkin accounting 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 found 5 charges/mortgages relating to baker watkin accounting ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

baker watkin accounting 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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baker watkin accounting ltd Companies House Filings - See Documents

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