hma tax (international) limited

hma tax (international) limited Company Information

Share HMA TAX (INTERNATIONAL) LIMITED
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Company Number

14529671

Industry

Tax consultancy

 

Shareholders

k3 tax advisory group limited

Group Structure

View All

Contact

Registered Address

kbs house 5 springfield court, summerfield road, bolton, BL3 2NT

Website

-

hma tax (international) limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of HMA TAX (INTERNATIONAL) LIMITED at £2.1m based on a Turnover of £2.2m and 0.99x industry multiple (adjusted for size and gross margin).

hma tax (international) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HMA TAX (INTERNATIONAL) LIMITED at £0 based on an EBITDA of £-155.1k and a 6.09x industry multiple (adjusted for size and gross margin).

hma tax (international) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HMA TAX (INTERNATIONAL) LIMITED at £0 based on Net Assets of £-178.8k and 4.05x industry multiple (adjusted for liquidity).

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Hma Tax (international) Limited Overview

Hma Tax (international) Limited is a live company located in bolton, BL3 2NT with a Companies House number of 14529671. It operates in the tax consultancy sector, SIC Code 69203. Founded in December 2022, it's largest shareholder is k3 tax advisory group limited with a 100% stake. Hma Tax (international) Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.2m with unknown growth in recent years.

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Hma Tax (international) Limited Health Check

Pomanda's financial health check has awarded Hma Tax (International) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it larger than the average company (£304.3k)

£2.2m - Hma Tax (international) Limited

£304.3k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Hma Tax (international) Limited

- - Industry AVG

production

Production

with a gross margin of 83.8%, this company has a comparable cost of product (83.8%)

83.8% - Hma Tax (international) Limited

83.8% - Industry AVG

profitability

Profitability

an operating margin of -8.3% make it less profitable than the average company (6.2%)

-8.3% - Hma Tax (international) Limited

6.2% - Industry AVG

employees

Employees

with 10 employees, this is above the industry average (5)

10 - Hma Tax (international) Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.9k, the company has an equivalent pay structure (£57.9k)

£57.9k - Hma Tax (international) Limited

£57.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £217k, this is more efficient (£91.9k)

£217k - Hma Tax (international) Limited

£91.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 98 days, this is later than average (75 days)

98 days - Hma Tax (international) Limited

75 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 68 days, this is slower than average (30 days)

68 days - Hma Tax (international) Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 204 days, this is more than average (47 days)

204 days - Hma Tax (international) Limited

47 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (20 weeks)

4 weeks - Hma Tax (international) Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 121.5%, this is a higher level of debt than the average (54.6%)

121.5% - Hma Tax (international) Limited

54.6% - Industry AVG

HMA TAX (INTERNATIONAL) LIMITED financials

EXPORTms excel logo

Hma Tax (International) Limited's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of -£178.8 thousand. According to their latest financial statements, Hma Tax (International) Limited has 10 employees and maintains cash reserves of £20.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023
Turnover2,169,896
Other Income Or Grants0
Cost Of Sales351,955
Gross Profit1,817,941
Admin Expenses1,998,328
Operating Profit-180,387
Interest Payable0
Interest Receivable544
Pre-Tax Profit-179,843
Tax0
Profit After Tax-179,843
Dividends Paid0
Retained Profit-179,843
Employee Costs579,280
Number Of Employees10
EBITDA*-155,096

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023
Tangible Assets29,358
Intangible Assets0
Investments & Other0
Debtors (Due After 1 year)0
Total Fixed Assets29,358
Stock & work in progress197,340
Trade Debtors583,886
Group Debtors0
Misc Debtors0
Cash20,714
misc current assets1,480
total current assets803,420
total assets832,778
Bank overdraft0
Bank loan0
Trade Creditors 66,020
Group/Directors Accounts0
other short term finances0
hp & lease commitments0
other current liabilities184,837
total current liabilities250,857
loans0
hp & lease commitments0
Accruals and Deferred Income0
other liabilities760,764
provisions0
total long term liabilities760,764
total liabilities1,011,621
net assets-178,843
total shareholders funds-178,843
Dec 2023
Operating Activities
Operating Profit-180,387
Depreciation25,291
Amortisation0
Tax0
Stock197,340
Debtors583,886
Creditors66,020
Accruals and Deferred Income184,837
Deferred Taxes & Provisions0
Cash flow from operations-685,465
Investing Activities
capital expenditure-54,649
Change in Investments0
cash flow from investments-54,649
Financing Activities
Bank loans0
Group/Directors Accounts0
Other Short Term Loans 0
Long term loans0
Hire Purchase and Lease Commitments0
other long term liabilities760,764
share issue1,000
interest544
cash flow from financing762,308
cash and cash equivalents
cash20,714
overdraft0
change in cash20,714

hma tax (international) limited 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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Hma Tax (international) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hma tax (international) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in BL3 area or any other competitors across 12 key performance metrics.

hma tax (international) limited Ownership

HMA TAX (INTERNATIONAL) LIMITED group structure

Hma Tax (International) Limited has 3 subsidiary companies.

Ultimate parent company

NIH VIII SHIN HOLDINGS SARL

#0149014

2 parents

HMA TAX (INTERNATIONAL) LIMITED

14529671

3 subsidiaries

HMA TAX (INTERNATIONAL) LIMITED Shareholders

k3 tax advisory group limited 100%

hma tax (international) limited directors

Hma Tax (International) Limited currently has 4 directors. The longest serving directors include Mr Duncan Chittick (Dec 2022) and Mr Tom Meredith (Dec 2022).

officercountryagestartendrole
Mr Duncan ChittickUnited Kingdom34 years Dec 2022- Director
Mr Tom MeredithUnited Kingdom40 years Dec 2022- Director
Mr John Rigby52 years Jun 2024- Director
Mr Andrew Melbourne42 years Jun 2024- Director

P&L

December 2023

turnover

2.2m

0%

operating profit

-180.4k

0%

gross margin

83.8%

0%

turnover

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

Balance Sheet

December 2023

net assets

-178.8k

0%

total assets

832.8k

0%

cash

20.7k

0%

net assets

Total assets minus all liabilities

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hma tax (international) limited company details

company number

14529671

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

incorporation date

December 2022

age

3

incorporated

UK

ultimate parent company

NIH VIII SHIN HOLDINGS SARL

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

FOLKES WORTON LLP

auditor

-

address

kbs house 5 springfield court, summerfield road, bolton, BL3 2NT

Bank

-

Legal Advisor

-

hma tax (international) limited 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 hma tax (international) limited.

hma tax (international) limited 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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hma tax (international) limited Companies House Filings - See Documents

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