gables house 62 kenilworth road, leamington spa, CV32 6JX
Website
-
ctt accountancy ltdEstimated Valuation
£397.4k
Pomanda estimates the enterprise value of CTT ACCOUNTANCY LTD at £397.4k based on a Turnover of £387.8k and 1.02x industry multiple (adjusted for size and gross margin).
ctt accountancy ltdEstimated Valuation
£257.6k
Pomanda estimates the enterprise value of CTT ACCOUNTANCY LTD at £257.6k based on an EBITDA of £41.7k and a 6.18x industry multiple (adjusted for size and gross margin).
ctt accountancy ltdEstimated Valuation
£305.3k
Pomanda estimates the enterprise value of CTT ACCOUNTANCY LTD at £305.3k based on Net Assets of £100.7k and 3.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ctt Accountancy LtdOverview
Ctt Accountancy Ltd is a live company located in leamington spa, CV32 6JX with a Companies House number of 12886593. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in September 2020, it's largest shareholder is
newman data ltd
with a 60% stake. Ctt Accountancy Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£387.8k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Ctt Accountancy Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
5 Regular
2 Weak
Size
annual sales of £387.8k, make it larger than the average company (£202k)
£387.8k - Ctt Accountancy Ltd
£202k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Ctt Accountancy Ltd
- - Industry AVG
Production
with a gross margin of 94.1%, this company has a comparable cost of product (94.1%)
94.1% - Ctt Accountancy Ltd
94.1% - Industry AVG
Profitability
an operating margin of 10.7% make it as profitable than the average company (10.1%)
10.7% - Ctt Accountancy Ltd
10.1% - Industry AVG
Employees
with 6 employees, this is above the industry average (3)
6 - Ctt Accountancy Ltd
3 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
£35.2k - Ctt Accountancy Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £64.6k, this is less efficient (£79.2k)
£64.6k - Ctt Accountancy Ltd
£79.2k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is near the average (77 days)
74 days - Ctt Accountancy Ltd
77 days - Industry AVG
Creditor Days
its suppliers are paid after 269 days, this is slower than average (26 days)
269 days - Ctt Accountancy Ltd
26 days - Industry AVG
Stock Days
it holds stock equivalent to 421 days, this is more than average (64 days)
421 days - Ctt Accountancy Ltd
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 41 weeks, this is more cash available to meet short term requirements (32 weeks)
41 weeks - Ctt Accountancy Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a similar level of debt than the average (50.4%)
50.3% - Ctt Accountancy Ltd
50.4% - Industry AVG
CTT ACCOUNTANCY LTD financials
EXPORT
Ctt Accountancy Ltd's latest turnover from January 2024 is estimated at £387.8 thousand and the company has net assets of £100.7 thousand. According to their latest financial statements, Ctt Accountancy Ltd has 6 employees and maintains cash reserves of £81.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Turnover
387,839
387,029
218,621
Other Income Or Grants
Cost Of Sales
22,892
45,843
28,755
Gross Profit
364,947
341,186
189,867
Admin Expenses
323,296
300,986
150,532
Operating Profit
41,651
40,200
39,335
Interest Payable
Interest Receivable
4,025
2,265
72
Pre-Tax Profit
45,676
42,464
39,407
Tax
-11,419
-8,068
-7,487
Profit After Tax
34,257
34,396
31,920
Dividends Paid
Retained Profit
34,257
34,396
31,920
Employee Costs
211,438
213,017
127,754
Number Of Employees
6
6
4
EBITDA*
41,651
40,200
39,335
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
26,415
15,545
14,632
Trade Debtors
78,877
82,681
47,658
Group Debtors
Misc Debtors
15,664
17,227
12,896
Cash
81,472
71,855
57,547
misc current assets
total current assets
202,428
187,308
132,733
total assets
202,428
187,308
132,733
Bank overdraft
Bank loan
Trade Creditors
16,925
21,620
22,043
Group/Directors Accounts
19,940
39,940
39,940
other short term finances
hp & lease commitments
other current liabilities
64,890
59,332
38,730
total current liabilities
101,755
120,892
100,713
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
101,755
120,892
100,713
net assets
100,673
66,416
32,020
total shareholders funds
100,673
66,416
32,020
Jan 2024
Jan 2023
Jan 2022
Operating Activities
Operating Profit
41,651
40,200
39,335
Depreciation
Amortisation
Tax
-11,419
-8,068
-7,487
Stock
10,870
913
14,632
Debtors
-5,367
39,354
60,554
Creditors
-4,695
-423
22,043
Accruals and Deferred Income
5,558
20,602
38,730
Deferred Taxes & Provisions
Cash flow from operations
25,592
12,044
17,435
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-20,000
39,940
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
4,025
2,265
72
cash flow from financing
-15,975
2,265
40,112
cash and cash equivalents
cash
9,617
14,308
57,547
overdraft
change in cash
9,617
14,308
57,547
ctt accountancy 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 ctt accountancy ltd. Get real-time insights into ctt accountancy ltd's credit score, group structure and payment trends.
Perform a competitor analysis for ctt accountancy ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CV32 area or any other competitors across 12 key performance metrics.
ctt accountancy ltd Ownership
CTT ACCOUNTANCY LTD group structure
Ctt Accountancy Ltd has no subsidiary companies.
Ultimate parent company
NEWMAN DATA LTD
#0127492
1 parent
CTT ACCOUNTANCY LTD
12886593
CTT ACCOUNTANCY LTD Shareholders
The largest shareholders in Ctt Accountancy Ltd include Newman Data Ltd and Amy Louise O'Keeffe.
newman data ltd
60%
amy louise o'keeffe
40%
ctt accountancy ltd directors
Ctt Accountancy Ltd currently has 2 directors.
The longest serving directors include
Mr Robert Massey (Sep 2020) and
Ms Amy O'Keeffe (Mar 2024).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024
net assets
100.7k
+0.52%
total assets
202.4k
+0.08%
cash
81.5k
+0.13%
net assets
Total assets minus all liabilities
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ctt accountancy ltd company details
company number
12886593
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
NEWMAN DATA LTD
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
gables house 62 kenilworth road, leamington spa, CV32 6JX
Bank
-
Legal Advisor
-
ctt 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 ctt accountancy ltd.
ctt 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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ctt accountancy ltdCompanies House Filings - See Documents
