k3 tax advisory limited
k3 tax advisory limited Company Information
Company Number
13381540
Next Accounts
Feb 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
k3 capital group plc
holly anne bedford
View AllGroup Structure
View All
Contact
Registered Address
kbs house 5 springfield court, summerfield road, bolton, BL3 2NT
Website
-k3 tax advisory limited Estimated Valuation
Pomanda estimates the enterprise value of K3 TAX ADVISORY LIMITED at £946k based on a Turnover of £1.1m and 0.88x industry multiple (adjusted for size and gross margin).
k3 tax advisory limited Estimated Valuation
Pomanda estimates the enterprise value of K3 TAX ADVISORY LIMITED at £591k based on an EBITDA of £191k and a 3.09x industry multiple (adjusted for size and gross margin).
k3 tax advisory limited Estimated Valuation
Pomanda estimates the enterprise value of K3 TAX ADVISORY LIMITED at £378.9k based on Net Assets of £294.4k and 1.29x industry multiple (adjusted for liquidity).
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K3 Tax Advisory Limited Overview
K3 Tax Advisory Limited is a live company located in bolton, BL3 2NT with a Companies House number of 13381540. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2021, it's largest shareholder is k3 capital group plc with a 70% stake. K3 Tax Advisory Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.1m with unknown growth in recent years.
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K3 Tax Advisory Limited Health Check
Pomanda's financial health check has awarded K3 Tax Advisory Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.6m)
- K3 Tax Advisory Limited
£4.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- K3 Tax Advisory Limited
- - Industry AVG
Production
with a gross margin of 16.3%, this company has a higher cost of product (57%)
- K3 Tax Advisory Limited
57% - Industry AVG
Profitability
an operating margin of 17.5% make it more profitable than the average company (10%)
- K3 Tax Advisory Limited
10% - Industry AVG
Employees
with 8 employees, this is below the industry average (13)
8 - K3 Tax Advisory Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.1k, the company has an equivalent pay structure (£75.1k)
- K3 Tax Advisory Limited
£75.1k - Industry AVG
Efficiency
resulting in sales per employee of £134.6k, this is less efficient (£203.9k)
- K3 Tax Advisory Limited
£203.9k - Industry AVG
Debtor Days
it gets paid by customers after 162 days, this is later than average (33 days)
- K3 Tax Advisory Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (48 days)
- K3 Tax Advisory Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- K3 Tax Advisory Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is average cash available to meet short term requirements (31 weeks)
28 weeks - K3 Tax Advisory Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.9%, this is a similar level of debt than the average (68.2%)
69.9% - K3 Tax Advisory Limited
68.2% - Industry AVG
K3 TAX ADVISORY LIMITED financials
K3 Tax Advisory Limited's latest turnover from May 2023 is estimated at £1.1 million and the company has net assets of £294.4 thousand. According to their latest financial statements, K3 Tax Advisory Limited has 8 employees and maintains cash reserves of £378.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | 8 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 629 | 0 |
| Intangible Assets | 3,715 | 6,503 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 4,344 | 6,503 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 480,617 | 301,442 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 112,922 | 251,763 |
| Cash | 378,767 | 235,506 |
| misc current assets | 0 | 0 |
| total current assets | 972,306 | 788,711 |
| total assets | 976,650 | 795,214 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 1,237 | 2,458 |
| Group/Directors Accounts | 496,580 | 520,101 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 184,304 | 129,634 |
| total current liabilities | 682,121 | 652,193 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 157 | 0 |
| total long term liabilities | 157 | 0 |
| total liabilities | 682,278 | 652,193 |
| net assets | 294,372 | 143,021 |
| total shareholders funds | 294,372 | 143,021 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 276 | 0 |
| Amortisation | 2,787 | 1,858 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 40,334 | 553,205 |
| Creditors | -1,221 | 2,458 |
| Accruals and Deferred Income | 54,670 | 129,634 |
| Deferred Taxes & Provisions | 157 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -23,521 | 520,101 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 143,261 | 235,506 |
| overdraft | 0 | 0 |
| change in cash | 143,261 | 235,506 |
k3 tax advisory limited Credit Report and Business Information
K3 Tax Advisory Limited Competitor Analysis
Perform a competitor analysis for k3 tax advisory limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in BL3 area or any other competitors across 12 key performance metrics.
k3 tax advisory limited Ownership
K3 TAX ADVISORY LIMITED group structure
K3 Tax Advisory Limited has no subsidiary companies.
Ultimate parent company
NIH VIII SHIN HOLDINGS SARL
#0149014
2 parents
K3 TAX ADVISORY LIMITED
13381540
k3 tax advisory limited directors
K3 Tax Advisory Limited currently has 4 directors. The longest serving directors include Mr Andrew Melbourne (May 2021) and Mr John Rigby (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Melbourne | 42 years | May 2021 | - | Director | |
| Mr John Rigby | 52 years | May 2021 | - | Director | |
| Mr Daniel Sladen | 46 years | Jul 2021 | - | Director | |
| Ms Holly Bedford | United Kingdom | 26 years | Jul 2021 | - | Director |
P&L
May 2023turnover
1.1m
+110%
operating profit
188k
0%
gross margin
16.4%
-3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
294.4k
+1.06%
total assets
976.7k
+0.23%
cash
378.8k
+0.61%
net assets
Total assets minus all liabilities
Similar Companies
k3 tax advisory limited company details
company number
13381540
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
acraman (716) limited (September 2021)
accountant
-
auditor
-
address
kbs house 5 springfield court, summerfield road, bolton, BL3 2NT
Bank
-
Legal Advisor
-
k3 tax advisory 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 did not find charges/mortgages relating to k3 tax advisory limited.
k3 tax advisory 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.
Click to start generating capital raising & share issue transactions for K3 TAX ADVISORY LIMITED. This can take several minutes, an email will notify you when this has completed.
k3 tax advisory limited Companies House Filings - See Documents
| date | description | view/download |
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