savtax accountants ltd
savtax accountants ltd Company Information
Company Number
13390091
Website
-Registered Address
7 bell yard, london, WC2A 2JR
Industry
Tax consultancy
Accounting, and auditing activities
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Directors
Dinesh Tiwari3 Years
Shareholders
dinesh tiwari 100%
savtax accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVTAX ACCOUNTANTS LTD at £87.3k based on a Turnover of £86k and 1.02x industry multiple (adjusted for size and gross margin).
savtax accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVTAX ACCOUNTANTS LTD at £63.3k based on an EBITDA of £13.5k and a 4.68x industry multiple (adjusted for size and gross margin).
savtax accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of SAVTAX ACCOUNTANTS LTD at £45.2k based on Net Assets of £12.9k and 3.51x industry multiple (adjusted for liquidity).
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Savtax Accountants Ltd Overview
Savtax Accountants Ltd is a live company located in london, WC2A 2JR with a Companies House number of 13390091. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2021, it's largest shareholder is dinesh tiwari with a 100% stake. Savtax Accountants Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £86k with unknown growth in recent years.
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Savtax Accountants Ltd Health Check
Pomanda's financial health check has awarded Savtax Accountants Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
2 Weak
Size
annual sales of £86k, make it smaller than the average company (£135.5k)
- Savtax Accountants Ltd
£135.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Savtax Accountants Ltd
- - Industry AVG
Production
with a gross margin of 74.7%, this company has a comparable cost of product (74.7%)
- Savtax Accountants Ltd
74.7% - Industry AVG
Profitability
an operating margin of 15.6% make it more profitable than the average company (9%)
- Savtax Accountants Ltd
9% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (2)
3 - Savtax Accountants Ltd
2 - Industry AVG
Pay Structure
on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)
- Savtax Accountants Ltd
£30.3k - Industry AVG
Efficiency
resulting in sales per employee of £28.7k, this is less efficient (£71.8k)
- Savtax Accountants Ltd
£71.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (77 days)
- Savtax Accountants Ltd
77 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (22 days)
- Savtax Accountants Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Savtax Accountants Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 81 weeks, this is more cash available to meet short term requirements (32 weeks)
81 weeks - Savtax Accountants Ltd
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (61.3%)
38.2% - Savtax Accountants Ltd
61.3% - Industry AVG
SAVTAX ACCOUNTANTS LTD financials
Savtax Accountants Ltd's latest turnover from March 2024 is estimated at £86 thousand and the company has net assets of £12.9 thousand. According to their latest financial statements, Savtax Accountants Ltd has 3 employees and maintains cash reserves of £12.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Apr 2023 | Apr 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 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|
| Tangible Assets | 355 | 473 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 355 | 473 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 7,930 | 2,160 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 12,564 | 7,014 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 20,494 | 9,174 | 1 |
| total assets | 20,849 | 9,647 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 1,662 | 1,042 | 0 |
| Group/Directors Accounts | 920 | 2,394 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 5,391 | 3,751 | 0 |
| total current liabilities | 7,973 | 7,187 | 0 |
| 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 | 7,973 | 7,187 | 0 |
| net assets | 12,876 | 2,460 | 1 |
| total shareholders funds | 12,876 | 2,460 | 1 |
| Mar 2024 | Apr 2023 | Apr 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 118 | 0 | |
| Amortisation | 0 | 0 | |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 5,770 | 2,160 | 0 |
| Creditors | 620 | 1,042 | 0 |
| Accruals and Deferred Income | 1,640 | 3,751 | 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 | -1,474 | 2,394 | 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 | 5,550 | 7,013 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | 5,550 | 7,013 | 1 |
savtax accountants ltd Credit Report and Business Information
Savtax Accountants Ltd Competitor Analysis
Perform a competitor analysis for savtax accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
savtax accountants ltd Ownership
SAVTAX ACCOUNTANTS LTD group structure
Savtax Accountants Ltd has no subsidiary companies.
Ultimate parent company
SAVTAX ACCOUNTANTS LTD
13390091
savtax accountants ltd directors
Savtax Accountants Ltd currently has 1 director, Mr Dinesh Tiwari serving since May 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dinesh Tiwari | United Kingdom | 35 years | May 2021 | - | Director |
P&L
March 2024turnover
86k
+35%
operating profit
13.4k
0%
gross margin
74.7%
-2.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
12.9k
+4.23%
total assets
20.8k
+1.16%
cash
12.6k
+0.79%
net assets
Total assets minus all liabilities
Similar Companies
savtax accountants ltd company details
company number
13390091
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
69203 - Tax consultancy
69201 - Accounting, and auditing activities
incorporation date
May 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
ds accounting ltd (June 2022)
accountant
-
auditor
-
address
7 bell yard, london, WC2A 2JR
Bank
-
Legal Advisor
-
savtax 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 savtax accountants ltd.
savtax accountants ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
