sks bailey tax limited

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sks bailey tax limited Company Information

Share SKS BAILEY TAX LIMITED

Company Number

12919709

Shareholders

sks bailey group limited

Group Structure

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Industry

Accounting, and auditing activities

 

Registered Address

3 sheen road, richmond upon thames, TW9 1AD

sks bailey tax limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of SKS BAILEY TAX LIMITED at £2.2m based on a Turnover of £2.7m and 0.81x industry multiple (adjusted for size and gross margin).

sks bailey tax limited Estimated Valuation

£10m

Pomanda estimates the enterprise value of SKS BAILEY TAX LIMITED at £10m based on an EBITDA of £1.9m and a 5.24x industry multiple (adjusted for size and gross margin).

sks bailey tax limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of SKS BAILEY TAX LIMITED at £4.3m based on Net Assets of £1.4m and 3.02x industry multiple (adjusted for liquidity).

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Sks Bailey Tax Limited Overview

Sks Bailey Tax Limited is a live company located in richmond upon thames, TW9 1AD with a Companies House number of 12919709. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in October 2020, it's largest shareholder is sks bailey group limited with a 100% stake. Sks Bailey Tax Limited is a young, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.

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Sks Bailey Tax Limited Health Check

Pomanda's financial health check has awarded Sks Bailey Tax Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £2.7m, make it larger than the average company (£208.8k)

£2.7m - Sks Bailey Tax Limited

£208.8k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Sks Bailey Tax Limited

- - Industry AVG

production

Production

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

49.5% - Sks Bailey Tax Limited

95% - Industry AVG

profitability

Profitability

an operating margin of 70.5% make it more profitable than the average company (12%)

70.5% - Sks Bailey Tax Limited

12% - Industry AVG

employees

Employees

with 22 employees, this is above the industry average (4)

22 - Sks Bailey Tax Limited

4 - Industry AVG

paystructure

Pay Structure

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

£36.2k - Sks Bailey Tax Limited

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £122.9k, this is more efficient (£79.2k)

£122.9k - Sks Bailey Tax Limited

£79.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 175 days, this is later than average (76 days)

175 days - Sks Bailey Tax Limited

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 160 days, this is slower than average (25 days)

160 days - Sks Bailey Tax Limited

25 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 20 days, this is less than average (58 days)

20 days - Sks Bailey Tax Limited

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 - Sks Bailey Tax Limited

34 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.8%, this is a lower level of debt than the average (51.3%)

29.8% - Sks Bailey Tax Limited

51.3% - Industry AVG

SKS BAILEY TAX LIMITED financials

EXPORTms excel logo

Sks Bailey Tax Limited's latest turnover from November 2023 is estimated at £2.7 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Sks Bailey Tax Limited has 22 employees and maintains cash reserves of £907 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021
Turnover2,704,2633,504,4142,694,799
Other Income Or Grants000
Cost Of Sales1,365,4811,660,8291,211,883
Gross Profit1,338,7811,843,5851,482,916
Admin Expenses-566,9562,761,092335,351
Operating Profit1,905,737-917,5071,147,565
Interest Payable12,37311,269929
Interest Receivable2510
Pre-Tax Profit1,893,389-928,7751,146,636
Tax-473,3470-217,861
Profit After Tax1,420,042-928,775928,775
Dividends Paid000
Retained Profit1,420,042-928,775928,775
Employee Costs795,9421,021,586838,944
Number Of Employees223227
EBITDA*1,905,737-917,5071,147,565

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021
Tangible Assets1,005993993
Intangible Assets647,033700,0000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets648,038700,993993
Stock & work in progress74,97000
Trade Debtors1,299,4061,708,4181,453,525
Group Debtors000
Misc Debtors000
Cash907550
misc current assets000
total current assets1,375,2831,708,4731,453,525
total assets2,023,3212,409,4661,454,518
Bank overdraft000
Bank loan0030,458
Trade Creditors 602,279429,500494,285
Group/Directors Accounts000
other short term finances0219,9710
hp & lease commitments000
other current liabilities000
total current liabilities602,279649,471524,743
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities0450,2150
provisions000
total long term liabilities0450,2150
total liabilities602,2791,099,686524,743
net assets1,421,0421,309,780929,775
total shareholders funds1,421,0421,309,780929,775
Nov 2023Nov 2022Nov 2021
Operating Activities
Operating Profit1,905,737-917,5071,147,565
Depreciation000
Amortisation000
Tax-473,3470-217,861
Stock74,97000
Debtors-409,012254,8931,453,525
Creditors172,779-64,785494,285
Accruals and Deferred Income000
Deferred Taxes & Provisions000
Cash flow from operations1,939,211-1,237,185-29,536
Investing Activities
capital expenditure52,955-700,000-993
Change in Investments000
cash flow from investments52,955-700,000-993
Financing Activities
Bank loans0-30,45830,458
Group/Directors Accounts000
Other Short Term Loans -219,971219,9710
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities-450,215450,2150
share issue-1,308,7801,308,7801,000
interest-12,348-11,268-929
cash flow from financing-1,991,3141,937,24030,529
cash and cash equivalents
cash852550
overdraft000
change in cash852550

sks bailey tax limited 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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Sks Bailey Tax Limited Competitor Analysis

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Perform a competitor analysis for sks bailey tax limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TW9 area or any other competitors across 12 key performance metrics.

sks bailey tax limited Ownership

SKS BAILEY TAX LIMITED group structure

Sks Bailey Tax Limited has no subsidiary companies.

Ultimate parent company

2 parents

SKS BAILEY TAX LIMITED

12919709

SKS BAILEY TAX LIMITED Shareholders

sks bailey group limited 100%

sks bailey tax limited directors

Sks Bailey Tax Limited currently has 3 directors. The longest serving directors include Mr Sanjay Swarup (Oct 2020) and Mr Sanjay Swarup (Oct 2020).

officercountryagestartendrole
Mr Sanjay SwarupEngland58 years Oct 2020- Director
Mr Sanjay SwarupUnited Kingdom58 years Oct 2020- Director
Mr Sanjay SwarupUnited Kingdom58 years Oct 2020- Director

P&L

November 2023

turnover

2.7m

-23%

operating profit

1.9m

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

1.4m

+0.08%

total assets

2m

-0.16%

cash

907

+15.49%

net assets

Total assets minus all liabilities

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sks bailey tax limited company details

company number

12919709

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

October 2020

age

5

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

-

sks bailey tax limited 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 sks bailey tax limited. Currently there are 4 open charges and 1 have been satisfied in the past.

sks bailey tax limited 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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sks bailey tax limited Companies House Filings - See Documents

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