xacc accountants ltd
xacc accountants ltd Company Information
Company Number
13823677
Next Accounts
Sep 2025
Shareholders
mohammad rahaman
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
49 mile end road, london, E1 4TT
Website
-xacc accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of XACC ACCOUNTANTS LTD at £435.6k based on a Turnover of £424.3k and 1.03x industry multiple (adjusted for size and gross margin).
xacc accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of XACC ACCOUNTANTS LTD at £0 based on an EBITDA of £-21k and a 6.61x industry multiple (adjusted for size and gross margin).
xacc accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of XACC ACCOUNTANTS LTD at £0 based on Net Assets of £-14.9k and 3.02x industry multiple (adjusted for liquidity).
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Xacc Accountants Ltd Overview
Xacc Accountants Ltd is a live company located in london, E1 4TT with a Companies House number of 13823677. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2021, it's largest shareholder is mohammad rahaman with a 100% stake. Xacc Accountants Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £424.3k with unknown growth in recent years.
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Xacc Accountants Ltd Health Check
Pomanda's financial health check has awarded Xacc Accountants Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £424.3k, make it larger than the average company (£295.7k)
- Xacc Accountants Ltd
£295.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Xacc Accountants Ltd
- - Industry AVG
Production
with a gross margin of 96.8%, this company has a comparable cost of product (96.8%)
- Xacc Accountants Ltd
96.8% - Industry AVG
Profitability
an operating margin of -5.1% make it less profitable than the average company (10%)
- Xacc Accountants Ltd
10% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Xacc Accountants Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Xacc Accountants Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £84.9k, this is equally as efficient (£84.9k)
- Xacc Accountants Ltd
£84.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Xacc Accountants Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Xacc Accountants Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Xacc Accountants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Xacc Accountants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 223.6%, this is a higher level of debt than the average (50.5%)
223.6% - Xacc Accountants Ltd
50.5% - Industry AVG
XACC ACCOUNTANTS LTD financials
Xacc Accountants Ltd's latest turnover from December 2023 is estimated at £424.3 thousand and the company has net assets of -£14.9 thousand. According to their latest financial statements, Xacc Accountants Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 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 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 6,587 | 4,777 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 5,477 | 0 |
| Total Fixed Assets | 12,064 | 4,777 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 2,140 |
| Cash | 0 | 14,047 |
| misc current assets | 0 | 0 |
| total current assets | 0 | 16,187 |
| total assets | 12,064 | 20,964 |
| Bank overdraft | 514 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 10,342 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 4,791 | 830 |
| total current liabilities | 5,305 | 11,172 |
| loans | 21,167 | 2,311 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 499 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 21,666 | 2,311 |
| total liabilities | 26,971 | 13,483 |
| net assets | -14,907 | 7,481 |
| total shareholders funds | -14,907 | 7,481 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 375 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 3,337 | 2,140 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 3,961 | 830 |
| Deferred Taxes & Provisions | 0 | 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 | -10,342 | 10,342 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 18,856 | 2,311 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 499 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -14,047 | 14,047 |
| overdraft | 514 | 0 |
| change in cash | -14,561 | 14,047 |
xacc accountants ltd Credit Report and Business Information
Xacc Accountants Ltd Competitor Analysis
Perform a competitor analysis for xacc accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
xacc accountants ltd Ownership
XACC ACCOUNTANTS LTD group structure
Xacc Accountants Ltd has no subsidiary companies.
Ultimate parent company
XACC ACCOUNTANTS LTD
13823677
xacc accountants ltd directors
Xacc Accountants Ltd currently has 2 directors. The longest serving directors include Mr Mohammad Rahaman (Dec 2021) and Mr Mohammad Rahaman (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammad Rahaman | England | 44 years | Dec 2021 | - | Director |
| Mr Mohammad Rahaman | England | 44 years | Dec 2021 | - | Director |
P&L
December 2023turnover
424.3k
+170%
operating profit
-21.4k
0%
gross margin
96.9%
+3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-14.9k
-2.99%
total assets
12.1k
-0.42%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
xacc accountants ltd company details
company number
13823677
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
December 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
xgro accountants limited (November 2023)
xero accountancy limited (January 2022)
accountant
MOHAMMAD RAHAMAN
auditor
-
address
49 mile end road, london, E1 4TT
Bank
-
Legal Advisor
-
xacc 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 xacc accountants ltd.
xacc accountants 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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xacc accountants ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
