edward accountancy & tax services ltd

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edward accountancy & tax services ltd Company Information

Share EDWARD ACCOUNTANCY & TAX SERVICES LTD

Company Number

14026188

Shareholders

mohammad mohiuddin ahmed

Group Structure

View All

Industry

Tax consultancy

 +3

Registered Address

112-116 whitechapel road, 3rd floor, london, E1 1JE

edward accountancy & tax services ltd Estimated Valuation

£12.3k

Pomanda estimates the enterprise value of EDWARD ACCOUNTANCY & TAX SERVICES LTD at £12.3k based on a Turnover of £24.5k and 0.5x industry multiple (adjusted for size and gross margin).

edward accountancy & tax services ltd Estimated Valuation

£6.8k

Pomanda estimates the enterprise value of EDWARD ACCOUNTANCY & TAX SERVICES LTD at £6.8k based on an EBITDA of £2k and a 3.43x industry multiple (adjusted for size and gross margin).

edward accountancy & tax services ltd Estimated Valuation

£7.8k

Pomanda estimates the enterprise value of EDWARD ACCOUNTANCY & TAX SERVICES LTD at £7.8k based on Net Assets of £2.4k and 3.29x industry multiple (adjusted for liquidity).

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Edward Accountancy & Tax Services Ltd Overview

Edward Accountancy & Tax Services Ltd is a live company located in london, E1 1JE with a Companies House number of 14026188. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2022, it's largest shareholder is mohammad mohiuddin ahmed with a 100% stake. Edward Accountancy & Tax Services Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £24.5k with unknown growth in recent years.

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Edward Accountancy & Tax Services Ltd Health Check

Pomanda's financial health check has awarded Edward Accountancy & Tax Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £24.5k, make it smaller than the average company (£233.7k)

£24.5k - Edward Accountancy & Tax Services Ltd

£233.7k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Edward Accountancy & Tax Services Ltd

- - Industry AVG

production

Production

with a gross margin of 37.1%, this company has a higher cost of product (75.9%)

37.1% - Edward Accountancy & Tax Services Ltd

75.9% - Industry AVG

profitability

Profitability

an operating margin of 8.1% make it as profitable than the average company (7.4%)

8.1% - Edward Accountancy & Tax Services Ltd

7.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Edward Accountancy & Tax Services Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)

£40.1k - Edward Accountancy & Tax Services Ltd

£40.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £24.5k, this is less efficient (£85.7k)

£24.5k - Edward Accountancy & Tax Services Ltd

£85.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is near the average (79 days)

87 days - Edward Accountancy & Tax Services Ltd

79 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 140 days, this is slower than average (26 days)

140 days - Edward Accountancy & Tax Services Ltd

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Edward Accountancy & Tax Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Edward Accountancy & Tax Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73%, this is a higher level of debt than the average (57.5%)

73% - Edward Accountancy & Tax Services Ltd

57.5% - Industry AVG

EDWARD ACCOUNTANCY & TAX SERVICES LTD financials

EXPORTms excel logo

Edward Accountancy & Tax Services Ltd's latest turnover from April 2024 is estimated at £24.5 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, Edward Accountancy & Tax Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023
Turnover24,5108,973
Other Income Or Grants
Cost Of Sales15,4265,482
Gross Profit9,0843,491
Admin Expenses7,1072,312
Operating Profit1,9771,179
Interest Payable
Interest Receivable
Pre-Tax Profit1,9771,179
Tax-494-295
Profit After Tax1,483884
Dividends Paid
Retained Profit1,483884
Employee Costs40,13537,426
Number Of Employees11
EBITDA*1,9771,179

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023
Tangible Assets2,8963,532
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,8963,532
Stock & work in progress
Trade Debtors5,8764,401
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets5,8764,401
total assets8,7727,933
Bank overdraft
Bank loan
Trade Creditors 5,9237,049
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities5,9237,049
loans
hp & lease commitments
Accruals and Deferred Income482
other liabilities
provisions
total long term liabilities482
total liabilities6,4057,049
net assets2,367884
total shareholders funds2,367884
Apr 2024Apr 2023
Operating Activities
Operating Profit1,9771,179
Depreciation
Amortisation
Tax-494-295
Stock
Debtors1,4754,401
Creditors-1,1267,049
Accruals and Deferred Income482
Deferred Taxes & Provisions
Cash flow from operations-6363,532
Investing Activities
capital expenditure636-3,532
Change in Investments
cash flow from investments636-3,532
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

edward accountancy & tax services ltd 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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Edward Accountancy & Tax Services Ltd Competitor Analysis

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Perform a competitor analysis for edward accountancy & tax services 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.

edward accountancy & tax services ltd Ownership

EDWARD ACCOUNTANCY & TAX SERVICES LTD group structure

Edward Accountancy & Tax Services Ltd has no subsidiary companies.

Ultimate parent company

EDWARD ACCOUNTANCY & TAX SERVICES LTD

14026188

EDWARD ACCOUNTANCY & TAX SERVICES LTD Shareholders

mohammad mohiuddin ahmed 100%

edward accountancy & tax services ltd directors

Edward Accountancy & Tax Services Ltd currently has 2 directors. The longest serving directors include Mr Kamal Safdar (Feb 2024) and Mr Mohammad Ahmed (Apr 2024).

officercountryagestartendrole
Mr Kamal SafdarEngland59 years Feb 2024- Director
Mr Mohammad AhmedUnited Kingdom49 years Apr 2024- Director

P&L

April 2024

turnover

24.5k

+173%

operating profit

2k

0%

gross margin

37.1%

-4.74%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

2.4k

+1.68%

total assets

8.8k

+0.11%

cash

0

0%

net assets

Total assets minus all liabilities

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edward accountancy & tax services ltd company details

company number

14026188

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69201 - Accounting, and auditing activities

69202 - Bookkeeping activities

incorporation date

April 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

edward consultants limited (February 2024)

accountant

-

auditor

-

address

112-116 whitechapel road, 3rd floor, london, E1 1JE

Bank

-

Legal Advisor

-

edward accountancy & tax services 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 edward accountancy & tax services ltd.

edward accountancy & tax services 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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edward accountancy & tax services ltd Companies House Filings - See Documents

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