the masters accountants ltd

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the masters accountants ltd Company Information

Share THE MASTERS ACCOUNTANTS LTD

Company Number

12572792

Directors

Nasr Ali

Shareholders

nasr ali

Group Structure

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Industry

Accounting, and auditing activities

 

Registered Address

58a bury old road, manchester, M8 5BL

the masters accountants ltd Estimated Valuation

£51.3k

Pomanda estimates the enterprise value of THE MASTERS ACCOUNTANTS LTD at £51.3k based on a Turnover of £64.9k and 0.79x industry multiple (adjusted for size and gross margin).

the masters accountants ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MASTERS ACCOUNTANTS LTD at £0 based on an EBITDA of £-1.4k and a 4.77x industry multiple (adjusted for size and gross margin).

the masters accountants ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE MASTERS ACCOUNTANTS LTD at £0 based on Net Assets of £-10.3k and 3.03x industry multiple (adjusted for liquidity).

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The Masters Accountants Ltd Overview

The Masters Accountants Ltd is a live company located in manchester, M8 5BL with a Companies House number of 12572792. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2020, it's largest shareholder is nasr ali with a 100% stake. The Masters Accountants Ltd is a young, micro sized company, Pomanda has estimated its turnover at £64.9k with unknown growth in recent years.

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The Masters Accountants Ltd Health Check

Pomanda's financial health check has awarded The Masters Accountants Ltd a 1.5 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 Check Image
Health Rating1.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £64.9k, make it smaller than the average company (£219.8k)

£64.9k - The Masters Accountants Ltd

£219.8k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - The Masters Accountants Ltd

- - Industry AVG

production

Production

with a gross margin of 52.6%, this company has a higher cost of product (91.7%)

52.6% - The Masters Accountants Ltd

91.7% - Industry AVG

profitability

Profitability

an operating margin of -2.2% make it less profitable than the average company (14.1%)

-2.2% - The Masters Accountants Ltd

14.1% - Industry AVG

employees

Employees

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

4 - The Masters Accountants Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £35k, the company has an equivalent pay structure (£35k)

£35k - The Masters Accountants Ltd

£35k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £16.2k, this is less efficient (£77.3k)

£16.2k - The Masters Accountants Ltd

£77.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (76 days)

11 days - The Masters Accountants Ltd

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 178 days, this is slower than average (26 days)

178 days - The Masters Accountants Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Masters Accountants Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Masters Accountants Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 319.4%, this is a higher level of debt than the average (50.7%)

319.4% - The Masters Accountants Ltd

50.7% - Industry AVG

THE MASTERS ACCOUNTANTS LTD financials

EXPORTms excel logo

The Masters Accountants Ltd's latest turnover from April 2023 is estimated at £64.9 thousand and the company has net assets of -£10.3 thousand. According to their latest financial statements, The Masters Accountants Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021
Turnover64,91971,90615,339
Other Income Or Grants
Cost Of Sales30,75832,4966,876
Gross Profit34,16139,4108,462
Admin Expenses35,58442,64414,128
Operating Profit-1,423-3,234-5,666
Interest Payable
Interest Receivable
Pre-Tax Profit-1,423-3,234-5,666
Tax
Profit After Tax-1,423-3,234-5,666
Dividends Paid
Retained Profit-1,423-3,234-5,666
Employee Costs139,842132,45928,729
Number Of Employees441
EBITDA*-1,423-3,234-5,666

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021
Tangible Assets2,592768984
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,592768984
Stock & work in progress
Trade Debtors2,1138,372400
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets2,1138,372400
total assets4,7059,1401,384
Bank overdraft
Bank loan
Trade Creditors 15,02818,0407,050
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities15,02818,0407,050
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities15,02818,0407,050
net assets-10,323-8,900-5,666
total shareholders funds-10,323-8,900-5,666
Apr 2023Apr 2022Apr 2021
Operating Activities
Operating Profit-1,423-3,234-5,666
Depreciation
Amortisation
Tax
Stock
Debtors-6,2597,972400
Creditors-3,01210,9907,050
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1,824-216984
Investing Activities
capital expenditure-1,824216-984
Change in Investments
cash flow from investments-1,824216-984
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

the masters accountants 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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The Masters Accountants Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the masters accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M 8 area or any other competitors across 12 key performance metrics.

the masters accountants ltd Ownership

THE MASTERS ACCOUNTANTS LTD group structure

The Masters Accountants Ltd has no subsidiary companies.

Ultimate parent company

THE MASTERS ACCOUNTANTS LTD

12572792

THE MASTERS ACCOUNTANTS LTD Shareholders

nasr ali 100%

the masters accountants ltd directors

The Masters Accountants Ltd currently has 1 director, Mr Nasr Ali serving since Apr 2020.

officercountryagestartendrole
Mr Nasr AliEngland29 years Apr 2020- Director

P&L

April 2023

turnover

64.9k

-10%

operating profit

-1.4k

0%

gross margin

52.7%

-3.99%

turnover

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

Balance Sheet

April 2023

net assets

-10.3k

+0.16%

total assets

4.7k

-0.49%

cash

0

0%

net assets

Total assets minus all liabilities

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the masters accountants ltd company details

company number

12572792

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

April 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2023

previous names

N/A

accountant

-

auditor

-

address

58a bury old road, manchester, M8 5BL

Bank

-

Legal Advisor

-

the masters accountants 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 masters accountants ltd.

the masters accountants 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 masters accountants ltd Companies House Filings - See Documents

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