suite - b325, vista business centre, hounslow, london, TW4 6JQ
Website
-
iccountant ltdEstimated Valuation
£9.1k
Pomanda estimates the enterprise value of ICCOUNTANT LTD at £9.1k based on a Turnover of £14.2k and 0.64x industry multiple (adjusted for size and gross margin).
iccountant ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ICCOUNTANT LTD at £0 based on an EBITDA of £-2.4k and a 3.61x industry multiple (adjusted for size and gross margin).
iccountant ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ICCOUNTANT LTD at £0 based on Net Assets of £-2.4k and 3.23x industry multiple (adjusted for liquidity).
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Iccountant LtdOverview
Iccountant Ltd is a live company located in hounslow, TW4 6JQ with a Companies House number of 14271572. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2022, it's largest shareholder is
emmanuel afotey
with a 100% stake. Iccountant Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£14.2k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Iccountant Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £14.2k, make it smaller than the average company (£169.3k)
£14.2k - Iccountant Ltd
£169.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Iccountant Ltd
- - Industry AVG
Production
with a gross margin of 43.2%, this company has a higher cost of product (83.3%)
43.2% - Iccountant Ltd
83.3% - Industry AVG
Profitability
an operating margin of -17.2% make it less profitable than the average company (9.2%)
-17.2% - Iccountant Ltd
9.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Iccountant Ltd
3 - Industry AVG
Pay Structure
on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)
£30.7k - Iccountant Ltd
£30.7k - Industry AVG
Efficiency
resulting in sales per employee of £14.2k, this is less efficient (£68.2k)
£14.2k - Iccountant Ltd
£68.2k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (76 days)
25 days - Iccountant Ltd
76 days - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (26 days)
70 days - Iccountant Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Iccountant Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Iccountant Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 167.3%, this is a higher level of debt than the average (55.9%)
167.3% - Iccountant Ltd
55.9% - Industry AVG
ICCOUNTANT LTD financials
EXPORT
Iccountant Ltd's latest turnover from August 2023 is estimated at £14.2 thousand and the company has net assets of -£2.4 thousand. According to their latest financial statements, Iccountant Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Turnover
14,190
Other Income Or Grants
Cost Of Sales
8,059
Gross Profit
6,131
Admin Expenses
8,565
Operating Profit
-2,434
Interest Payable
Interest Receivable
Pre-Tax Profit
-2,434
Tax
Profit After Tax
-2,434
Dividends Paid
Retained Profit
-2,434
Employee Costs
30,719
Number Of Employees
1
EBITDA*
-2,434
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Tangible Assets
2,618
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,618
Stock & work in progress
Trade Debtors
1,000
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
1,000
total assets
3,618
Bank overdraft
Bank loan
Trade Creditors
1,561
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
1,561
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
4,491
provisions
total long term liabilities
4,491
total liabilities
6,052
net assets
-2,434
total shareholders funds
-2,434
Aug 2023
Operating Activities
Operating Profit
-2,434
Depreciation
Amortisation
Tax
Stock
Debtors
1,000
Creditors
1,561
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1,873
Investing Activities
capital expenditure
-2,618
Change in Investments
cash flow from investments
-2,618
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
4,491
share issue
interest
cash flow from financing
4,491
cash and cash equivalents
cash
overdraft
change in cash
iccountant 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 iccountant ltd. Get real-time insights into iccountant ltd's credit score, group structure and payment trends.
Perform a competitor analysis for iccountant ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TW4 area or any other competitors across 12 key performance metrics.
iccountant ltd Ownership
ICCOUNTANT LTD group structure
Iccountant Ltd has no subsidiary companies.
Ultimate parent company
ICCOUNTANT LTD
14271572
ICCOUNTANT LTD Shareholders
The sole shareholder of Iccountant Ltd is Emmanuel Afotey.
emmanuel afotey
100%
iccountant ltd directors
Iccountant Ltd currently has 2 directors.
The longest serving directors include
Mr Emmanuel Afotey (Aug 2022) and
Mr Emmanuel Afotey (Aug 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023
net assets
-2.4k
0%
total assets
3.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
iccountant ltd company details
company number
14271572
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
69202 - Bookkeeping activities
69203 - Tax consultancy
incorporation date
August 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
suite - b325, vista business centre, hounslow, london, TW4 6JQ
Bank
-
Legal Advisor
-
iccountant 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 iccountant ltd.
iccountant 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 ICCOUNTANT LTD. This can take several minutes, an email will notify you when this has completed.
iccountant ltdCompanies House Filings - See Documents
