innovative accountants (london) ltd
innovative accountants (london) ltd Company Information
Company Number
12638092
Next Accounts
Mar 2025
Industry
Accounting, and auditing activities
Directors
Shareholders
anand mohan
Group Structure
View All
Contact
Registered Address
90 bedfont lane, feltham, middlesex, TW14 9BP
Website
innovativeaccountants.co.ukinnovative accountants (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE ACCOUNTANTS (LONDON) LTD at £191.4k based on a Turnover of £261.6k and 0.73x industry multiple (adjusted for size and gross margin).
innovative accountants (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE ACCOUNTANTS (LONDON) LTD at £0 based on an EBITDA of £-7.2k and a 3.95x industry multiple (adjusted for size and gross margin).
innovative accountants (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of INNOVATIVE ACCOUNTANTS (LONDON) LTD at £200.3k based on Net Assets of £73.7k and 2.72x industry multiple (adjusted for liquidity).
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Innovative Accountants (london) Ltd Overview
Innovative Accountants (london) Ltd is a live company located in middlesex, TW14 9BP with a Companies House number of 12638092. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2020, it's largest shareholder is anand mohan with a 100% stake. Innovative Accountants (london) Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £261.6k with unknown growth in recent years.
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Innovative Accountants (london) Ltd Health Check
Pomanda's financial health check has awarded Innovative Accountants (London) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £261.6k, make it larger than the average company (£139.3k)
- Innovative Accountants (london) Ltd
£139.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Innovative Accountants (london) Ltd
- - Industry AVG
Production
with a gross margin of 45.8%, this company has a higher cost of product (74.8%)
- Innovative Accountants (london) Ltd
74.8% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (15.1%)
- Innovative Accountants (london) Ltd
15.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Innovative Accountants (london) Ltd
3 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
- Innovative Accountants (london) Ltd
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £261.6k, this is more efficient (£71.5k)
- Innovative Accountants (london) Ltd
£71.5k - Industry AVG
Debtor Days
it gets paid by customers after 258 days, this is later than average (96 days)
- Innovative Accountants (london) Ltd
96 days - Industry AVG
Creditor Days
its suppliers are paid after 313 days, this is slower than average (22 days)
- Innovative Accountants (london) Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Innovative Accountants (london) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Innovative Accountants (london) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.3%, this is a similar level of debt than the average (62%)
62.3% - Innovative Accountants (london) Ltd
62% - Industry AVG
INNOVATIVE ACCOUNTANTS (LONDON) LTD financials
Innovative Accountants (London) Ltd's latest turnover from June 2023 is estimated at £261.6 thousand and the company has net assets of £73.7 thousand. According to their latest financial statements, Innovative Accountants (London) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 10,000 | 10,000 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 10,000 | 10,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 185,375 | 156,994 | 86,894 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 185,375 | 156,994 | 86,894 |
| total assets | 195,375 | 166,994 | 86,894 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 121,664 | 86,113 | 38,000 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 121,664 | 86,113 | 38,000 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 121,664 | 86,113 | 38,000 |
| net assets | 73,711 | 80,881 | 48,894 |
| total shareholders funds | 73,711 | 80,881 | 48,894 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 28,381 | 70,100 | 86,894 |
| Creditors | 35,551 | 48,113 | 38,000 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
innovative accountants (london) ltd Credit Report and Business Information
Innovative Accountants (london) Ltd Competitor Analysis
Perform a competitor analysis for innovative accountants (london) ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TW14 area or any other competitors across 12 key performance metrics.
innovative accountants (london) ltd Ownership
INNOVATIVE ACCOUNTANTS (LONDON) LTD group structure
Innovative Accountants (London) Ltd has no subsidiary companies.
Ultimate parent company
INNOVATIVE ACCOUNTANTS (LONDON) LTD
12638092
innovative accountants (london) ltd directors
Innovative Accountants (London) Ltd currently has 1 director, Mr Anand Mohan serving since Jun 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anand Mohan | United Kingdom | 51 years | Jun 2020 | - | Director |
P&L
June 2023turnover
261.6k
+27%
operating profit
-7.2k
0%
gross margin
45.8%
+1.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
73.7k
-0.09%
total assets
195.4k
+0.17%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
innovative accountants (london) ltd company details
company number
12638092
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
June 2020
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
90 bedfont lane, feltham, middlesex, TW14 9BP
Bank
-
Legal Advisor
-
innovative accountants (london) 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 1 charges/mortgages relating to innovative accountants (london) ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
innovative accountants (london) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
