Pomanda estimates the enterprise value of CLEAR LOGIC ACCOUNTING LTD at £72.2k based on a Turnover of £115k and 0.63x industry multiple (adjusted for size and gross margin).
clear logic accounting ltdEstimated Valuation
£248.8k
Pomanda estimates the enterprise value of CLEAR LOGIC ACCOUNTING LTD at £248.8k based on an EBITDA of £69.9k and a 3.56x industry multiple (adjusted for size and gross margin).
clear logic accounting ltdEstimated Valuation
£173.6k
Pomanda estimates the enterprise value of CLEAR LOGIC ACCOUNTING LTD at £173.6k based on Net Assets of £60k and 2.89x industry multiple (adjusted for liquidity).
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Clear Logic Accounting LtdOverview
Clear Logic Accounting Ltd is a live company located in rochdale, OL11 2NU with a Companies House number of 12428459. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2020, it's largest shareholder is
armani khaliq
with a 100% stake. Clear Logic Accounting Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£115k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Clear Logic Accounting Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £115k, make it smaller than the average company (£145.5k)
£115k - Clear Logic Accounting Ltd
£145.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Clear Logic Accounting Ltd
- - Industry AVG
Production
with a gross margin of 49.5%, this company has a higher cost of product (83.5%)
49.5% - Clear Logic Accounting Ltd
83.5% - Industry AVG
Profitability
an operating margin of 60.8% make it more profitable than the average company (15.6%)
60.8% - Clear Logic Accounting Ltd
15.6% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Clear Logic Accounting Ltd
3 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
£24k - Clear Logic Accounting Ltd
£24k - Industry AVG
Efficiency
resulting in sales per employee of £38.3k, this is less efficient (£55.9k)
£38.3k - Clear Logic Accounting Ltd
£55.9k - Industry AVG
Debtor Days
it gets paid by customers after 188 days, this is later than average (83 days)
188 days - Clear Logic Accounting Ltd
83 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (22 days)
6 days - Clear Logic Accounting Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clear Logic Accounting Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Clear Logic Accounting Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46%, this is a lower level of debt than the average (57.8%)
46% - Clear Logic Accounting Ltd
57.8% - Industry AVG
CLEAR LOGIC ACCOUNTING LTD financials
EXPORT
Clear Logic Accounting Ltd's latest turnover from January 2022 is estimated at £115 thousand and the company has net assets of £60 thousand. According to their latest financial statements, Clear Logic Accounting Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2022
Jan 2021
Turnover
115,036
22,259
Other Income Or Grants
Cost Of Sales
58,095
9,364
Gross Profit
56,940
12,895
Admin Expenses
-12,992
8,772
Operating Profit
69,932
4,123
Interest Payable
Interest Receivable
Pre-Tax Profit
69,932
4,123
Tax
-13,287
-783
Profit After Tax
56,645
3,340
Dividends Paid
Retained Profit
56,645
3,340
Employee Costs
72,016
22,890
Number Of Employees
3
1
EBITDA*
69,932
4,123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2022
Jan 2021
Tangible Assets
51,783
46,152
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
51,783
46,152
Stock & work in progress
Trade Debtors
59,300
7,188
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
59,300
7,188
total assets
111,083
53,340
Bank overdraft
Bank loan
Trade Creditors
1,098
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,098
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,000
50,000
provisions
total long term liabilities
50,000
50,000
total liabilities
51,098
50,000
net assets
59,985
3,340
total shareholders funds
59,985
3,340
Jan 2022
Jan 2021
Operating Activities
Operating Profit
69,932
4,123
Depreciation
Amortisation
Tax
-13,287
-783
Stock
Debtors
52,112
7,188
Creditors
1,098
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
5,631
-3,848
Investing Activities
capital expenditure
-5,631
-46,152
Change in Investments
cash flow from investments
-5,631
-46,152
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
50,000
share issue
interest
cash flow from financing
50,000
cash and cash equivalents
cash
overdraft
change in cash
clear logic accounting 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 clear logic accounting ltd. Get real-time insights into clear logic accounting ltd's credit score, group structure and payment trends.
Perform a competitor analysis for clear logic accounting ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in OL11 area or any other competitors across 12 key performance metrics.
clear logic accounting ltd Ownership
CLEAR LOGIC ACCOUNTING LTD group structure
Clear Logic Accounting Ltd has no subsidiary companies.
Ultimate parent company
CLEAR LOGIC ACCOUNTING LTD
12428459
CLEAR LOGIC ACCOUNTING LTD Shareholders
The sole shareholder of Clear Logic Accounting Ltd is Armani Khaliq.
armani khaliq
100%
clear logic accounting ltd directors
Clear Logic Accounting Ltd currently has 1 director, Mr Ajmeer Miah serving since May 2024.
sherwood business park, unit 1. suite 3. queensway, rochdale, OL11 2NU
Bank
-
Legal Advisor
-
clear logic 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 did not find charges/mortgages relating to clear logic accounting ltd.
clear logic 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.
Click to start generating capital raising & share issue transactions for CLEAR LOGIC ACCOUNTING LTD. This can take several minutes, an email will notify you when this has completed.
clear logic accounting ltdCompanies House Filings - See Documents
