parkway 5 suite 2, parkway business centre, manchester, greater manchester, M14 7HR
Website
-
clearcut accounting group ltdEstimated Valuation
£34
Pomanda estimates the enterprise value of CLEARCUT ACCOUNTING GROUP LTD at £34 based on a Turnover of £38 and 0.9x industry multiple (adjusted for size and gross margin).
clearcut accounting group ltdEstimated Valuation
£79
Pomanda estimates the enterprise value of CLEARCUT ACCOUNTING GROUP LTD at £79 based on an EBITDA of £13 and a 5.97x industry multiple (adjusted for size and gross margin).
clearcut accounting group ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of CLEARCUT ACCOUNTING GROUP LTD at £0 based on Net Assets of £-130 and 3.62x industry multiple (adjusted for liquidity).
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Clearcut Accounting Group LtdOverview
Clearcut Accounting Group Ltd is a live company located in manchester, M14 7HR with a Companies House number of 14112145. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2022, it's largest shareholder is
shuja rehman
with a 100% stake. Clearcut Accounting Group Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£38.1 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Clearcut Accounting Group Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
3 Regular
4 Weak
Size
annual sales of £38.1, make it smaller than the average company (£209.5k)
£38.1 - Clearcut Accounting Group Ltd
£209.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Clearcut Accounting Group Ltd
- - Industry AVG
Production
with a gross margin of 87.8%, this company has a comparable cost of product (87.8%)
87.8% - Clearcut Accounting Group Ltd
87.8% - Industry AVG
Profitability
an operating margin of 35% make it more profitable than the average company (6.3%)
35% - Clearcut Accounting Group Ltd
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Clearcut Accounting Group Ltd
3 - Industry AVG
Pay Structure
on an average salary of £45.5k, the company has an equivalent pay structure (£45.5k)
£45.5k - Clearcut Accounting Group Ltd
£45.5k - Industry AVG
Efficiency
resulting in sales per employee of £38.1, this is less efficient (£83.4k)
£38.1 - Clearcut Accounting Group Ltd
£83.4k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is near the average (95 days)
95 days - Clearcut Accounting Group Ltd
95 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Clearcut Accounting Group Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Clearcut Accounting Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Clearcut Accounting Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1400%, this is a higher level of debt than the average (52.5%)
1400% - Clearcut Accounting Group Ltd
52.5% - Industry AVG
CLEARCUT ACCOUNTING GROUP LTD financials
EXPORT
Clearcut Accounting Group Ltd's latest turnover from May 2024 is estimated at £38 and the company has net assets of -£130. According to their latest financial statements, we estimate that Clearcut Accounting Group Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
Turnover
38
Other Income Or Grants
Cost Of Sales
5
Gross Profit
33
Admin Expenses
20
240
Operating Profit
13
-240
Interest Payable
Interest Receivable
Pre-Tax Profit
13
-240
Tax
-3
Profit After Tax
10
-240
Dividends Paid
Retained Profit
10
-240
Employee Costs
45,492
Number Of Employees
1
EBITDA*
13
-240
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
10
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
10
total assets
10
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
140
140
total current liabilities
140
140
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
140
140
net assets
-130
-140
total shareholders funds
-130
-140
May 2024
May 2023
Operating Activities
Operating Profit
13
-240
Depreciation
Amortisation
Tax
-3
Stock
Debtors
10
Creditors
Accruals and Deferred Income
140
Deferred Taxes & Provisions
Cash flow from operations
-100
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
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
cash flow from financing
100
cash and cash equivalents
cash
overdraft
change in cash
clearcut accounting group 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 clearcut accounting group ltd. Get real-time insights into clearcut accounting group ltd's credit score, group structure and payment trends.
Perform a competitor analysis for clearcut accounting group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M14 area or any other competitors across 12 key performance metrics.
clearcut accounting group ltd Ownership
CLEARCUT ACCOUNTING GROUP LTD group structure
Clearcut Accounting Group Ltd has no subsidiary companies.
Ultimate parent company
CLEARCUT ACCOUNTING GROUP LTD
14112145
CLEARCUT ACCOUNTING GROUP LTD Shareholders
The sole shareholder of Clearcut Accounting Group Ltd is Shuja Rehman.
shuja rehman
100%
clearcut accounting group ltd directors
Clearcut Accounting Group Ltd currently has 1 director, Mr Shuja Rehman serving since May 2022.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
-130
-0.07%
total assets
10
0%
cash
0
0%
net assets
Total assets minus all liabilities
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clearcut accounting group ltd company details
company number
14112145
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69203 - Tax consultancy
incorporation date
May 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
parkway 5 suite 2, parkway business centre, manchester, greater manchester, M14 7HR
Bank
-
Legal Advisor
-
clearcut accounting group 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 clearcut accounting group ltd.
clearcut accounting group 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.
Click to start generating capital raising & share issue transactions for CLEARCUT ACCOUNTING GROUP LTD. This can take several minutes, an email will notify you when this has completed.
clearcut accounting group ltdCompanies House Filings - See Documents
