unit 7 2 wortley road, deepcar, sheffield, south yorkshire, S36 2UZ
Website
-
nhd tax solutions ltdEstimated Valuation
£197.5k
Pomanda estimates the enterprise value of NHD TAX SOLUTIONS LTD at £197.5k based on a Turnover of £220.2k and 0.9x industry multiple (adjusted for size and gross margin).
nhd tax solutions ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NHD TAX SOLUTIONS LTD at £0 based on an EBITDA of £-6.4k and a 6.13x industry multiple (adjusted for size and gross margin).
nhd tax solutions ltdEstimated Valuation
£77.7k
Pomanda estimates the enterprise value of NHD TAX SOLUTIONS LTD at £77.7k based on Net Assets of £18.6k and 4.19x industry multiple (adjusted for liquidity).
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Nhd Tax Solutions LtdOverview
Nhd Tax Solutions Ltd is a live company located in sheffield, S36 2UZ with a Companies House number of 13407613. It operates in the tax consultancy sector, SIC Code 69203. Founded in May 2021, it's largest shareholder is
nicholas davies
with a 92.5% stake. Nhd Tax Solutions Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£220.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Nhd Tax Solutions Ltd a 2 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
Health Rating2out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £220.2k, make it in line with the average company (£217.1k)
£220.2k - Nhd Tax Solutions Ltd
£217.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Nhd Tax Solutions Ltd
- - Industry AVG
Production
with a gross margin of 81%, this company has a comparable cost of product (81%)
81% - Nhd Tax Solutions Ltd
81% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (4.9%)
-3.3% - Nhd Tax Solutions Ltd
4.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Nhd Tax Solutions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)
£53.8k - Nhd Tax Solutions Ltd
£53.8k - Industry AVG
Efficiency
resulting in sales per employee of £44k, this is less efficient (£87k)
£44k - Nhd Tax Solutions Ltd
£87k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is earlier than average (117 days)
74 days - Nhd Tax Solutions Ltd
117 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (36 days)
140 days - Nhd Tax Solutions Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nhd Tax Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is less cash available to meet short term requirements (38 weeks)
13 weeks - Nhd Tax Solutions Ltd
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.9%, this is a higher level of debt than the average (54.2%)
77.9% - Nhd Tax Solutions Ltd
54.2% - Industry AVG
NHD TAX SOLUTIONS LTD financials
EXPORT
Nhd Tax Solutions Ltd's latest turnover from May 2024 is estimated at £220.2 thousand and the company has net assets of £18.6 thousand. According to their latest financial statements, Nhd Tax Solutions Ltd has 5 employees and maintains cash reserves of £16.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
Turnover
220,242
191,530
81,285
Other Income Or Grants
Cost Of Sales
41,758
29,201
10,440
Gross Profit
178,485
162,329
70,846
Admin Expenses
185,860
131,727
70,055
Operating Profit
-7,375
30,602
791
Interest Payable
Interest Receivable
1,352
1,112
74
Pre-Tax Profit
-6,023
31,715
865
Tax
-7,929
-164
Profit After Tax
-6,023
23,786
701
Dividends Paid
Retained Profit
-6,023
23,786
701
Employee Costs
268,802
161,224
72,269
Number Of Employees
5
4
2
EBITDA*
-6,441
31,580
1,165
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
Tangible Assets
3,895
3,896
1,484
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,895
3,896
1,484
Stock & work in progress
Trade Debtors
45,039
37,134
8,325
Group Debtors
Misc Debtors
18,016
19,935
9,291
Cash
16,885
34,603
14,830
misc current assets
total current assets
79,940
91,672
32,446
total assets
83,835
95,568
33,930
Bank overdraft
Bank loan
Trade Creditors
16,088
23,371
26,462
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
48,151
46,578
6,385
total current liabilities
64,239
69,949
32,847
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,032
1,032
282
total long term liabilities
1,032
1,032
282
total liabilities
65,271
70,981
33,129
net assets
18,564
24,587
801
total shareholders funds
18,564
24,587
801
May 2024
May 2023
May 2022
Operating Activities
Operating Profit
-7,375
30,602
791
Depreciation
934
978
374
Amortisation
Tax
-7,929
-164
Stock
Debtors
5,986
39,453
17,616
Creditors
-7,283
-3,091
26,462
Accruals and Deferred Income
1,573
40,193
6,385
Deferred Taxes & Provisions
750
282
Cash flow from operations
-18,137
22,050
16,514
Investing Activities
capital expenditure
-933
-3,390
-1,858
Change in Investments
cash flow from investments
-933
-3,390
-1,858
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
1,352
1,112
74
cash flow from financing
1,352
1,112
174
cash and cash equivalents
cash
-17,718
19,773
14,830
overdraft
change in cash
-17,718
19,773
14,830
nhd tax solutions 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 nhd tax solutions ltd. Get real-time insights into nhd tax solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for nhd tax solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in S36 area or any other competitors across 12 key performance metrics.
nhd tax solutions ltd Ownership
NHD TAX SOLUTIONS LTD group structure
Nhd Tax Solutions Ltd has no subsidiary companies.
Ultimate parent company
NHD TAX SOLUTIONS LTD
13407613
NHD TAX SOLUTIONS LTD Shareholders
The largest shareholders in Nhd Tax Solutions Ltd include Nicholas Davies and Rebecca Hunt.
nicholas davies
92.5%
rebecca hunt
7.5%
nhd tax solutions ltd directors
Nhd Tax Solutions Ltd currently has 3 directors.
The longest serving directors include
Mr Nicholas Davies (May 2021) and
Mrs Rebecca Hunt (Oct 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
18.6k
-0.24%
total assets
83.8k
-0.12%
cash
16.9k
-0.51%
net assets
Total assets minus all liabilities
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nhd tax solutions ltd company details
company number
13407613
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
incorporation date
May 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
CARTER SMITH
auditor
-
address
unit 7 2 wortley road, deepcar, sheffield, south yorkshire, S36 2UZ
Bank
-
Legal Advisor
-
nhd tax solutions 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 nhd tax solutions ltd.
nhd tax solutions 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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nhd tax solutions ltdCompanies House Filings - See Documents
