ardross accountancy & tax services ltd

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ardross accountancy & tax services ltd Company Information

Share ARDROSS ACCOUNTANCY & TAX SERVICES LTD

Company Number

SC346920

Shareholders

mr richard randle mark gray

mr robert george bruce marshall

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

ivtwo kintail house, beechwood business park, inverness, IV2 3BW

ardross accountancy & tax services ltd Estimated Valuation

£98.1k

Pomanda estimates the enterprise value of ARDROSS ACCOUNTANCY & TAX SERVICES LTD at £98.1k based on a Turnover of £124.9k and 0.79x industry multiple (adjusted for size and gross margin).

ardross accountancy & tax services ltd Estimated Valuation

£24.4k

Pomanda estimates the enterprise value of ARDROSS ACCOUNTANCY & TAX SERVICES LTD at £24.4k based on an EBITDA of £4.8k and a 5.05x industry multiple (adjusted for size and gross margin).

ardross accountancy & tax services ltd Estimated Valuation

£156.9k

Pomanda estimates the enterprise value of ARDROSS ACCOUNTANCY & TAX SERVICES LTD at £156.9k based on Net Assets of £51.9k and 3.02x industry multiple (adjusted for liquidity).

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Ardross Accountancy & Tax Services Ltd Overview

Ardross Accountancy & Tax Services Ltd is a live company located in inverness, IV2 3BW with a Companies House number of SC346920. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2008, it's largest shareholder is mr richard randle mark gray with a 50% stake. Ardross Accountancy & Tax Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £124.9k with healthy growth in recent years.

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Ardross Accountancy & Tax Services Ltd Health Check

Pomanda's financial health check has awarded Ardross Accountancy & Tax Services Ltd a 2 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 Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £124.9k, make it smaller than the average company (£188.8k)

£124.9k - Ardross Accountancy & Tax Services Ltd

£188.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9%)

9% - Ardross Accountancy & Tax Services Ltd

9% - Industry AVG

production

Production

with a gross margin of 53.2%, this company has a higher cost of product (95.9%)

53.2% - Ardross Accountancy & Tax Services Ltd

95.9% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (8.4%)

3.9% - Ardross Accountancy & Tax Services Ltd

8.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Ardross Accountancy & Tax Services Ltd

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)

£36.6k - Ardross Accountancy & Tax Services Ltd

£36.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.5k, this is less efficient (£81.7k)

£62.5k - Ardross Accountancy & Tax Services Ltd

£81.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 169 days, this is later than average (73 days)

169 days - Ardross Accountancy & Tax Services Ltd

73 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 38 days, this is slower than average (25 days)

38 days - Ardross Accountancy & Tax Services Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Ardross Accountancy & Tax Services Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Ardross Accountancy & Tax Services Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.5%, this is a lower level of debt than the average (49.3%)

10.5% - Ardross Accountancy & Tax Services Ltd

49.3% - Industry AVG

ARDROSS ACCOUNTANCY & TAX SERVICES LTD financials

EXPORTms excel logo

Ardross Accountancy & Tax Services Ltd's latest turnover from August 2024 is estimated at £124.9 thousand and the company has net assets of £51.9 thousand. According to their latest financial statements, Ardross Accountancy & Tax Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover124,922115,718117,21895,28399,53756,12226,877000000000
Other Income Or Grants0000000000000000
Cost Of Sales58,46156,67556,25942,43243,53323,3168,907000000000
Gross Profit66,46259,04360,95952,85156,00432,80617,970000000000
Admin Expenses61,64152,93952,09744,17924,76927,62317,965000000000
Operating Profit4,8216,1048,8628,67231,2355,1835000000000
Interest Payable0000000000000000
Interest Receivable0000000000000000
Pre-Tax Profit4,8216,1048,8628,67231,2355,1835000000000
Tax-1,205-1,526-1,684-1,648-5,935-985-1000000000
Profit After Tax3,6164,5787,1787,02425,3004,1984000000000
Dividends Paid0000000000000000
Retained Profit3,6164,5787,1787,02425,3004,1984000000000
Employee Costs73,24970,787101,53362,63457,20567,76160,879000000000
Number Of Employees2232222000000000
EBITDA*4,8216,1048,8628,67231,2355,1835000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets0000000000000000
Intangible Assets0000000000000000
Investments & Other0000000000000000
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets0000000000000000
Stock & work in progress0000000000000000
Trade Debtors57,98657,27952,40850,77543,78818,0084000000000
Group Debtors0000000000000000
Misc Debtors0000000000000000
Cash0000000000000000
misc current assets0000000000000000
total current assets57,98657,27952,40850,77543,78818,0084000000000
total assets57,98657,27952,40850,77543,78818,0084000000000
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 6,0888,9978,70414,24914,28613,8060000000000
Group/Directors Accounts0000000000000000
other short term finances0000000000000000
hp & lease commitments0000000000000000
other current liabilities0000000000000000
total current liabilities6,0888,9978,70414,24914,28613,8060000000000
loans0000000000000000
hp & lease commitments0000000000000000
Accruals and Deferred Income0000000000000000
other liabilities0000000000000000
provisions0000000000000000
total long term liabilities0000000000000000
total liabilities6,0888,9978,70414,24914,28613,8060000000000
net assets51,89848,28243,70436,52629,5024,2024000000000
total shareholders funds51,89848,28243,70436,52629,5024,2024000000000
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit4,8216,1048,8628,67231,2355,1835000000000
Depreciation0000000000000000
Amortisation0000000000000000
Tax-1,205-1,526-1,684-1,648-5,935-985-1000000000
Stock0000000000000000
Debtors7074,8711,6336,98725,78018,0044000000000
Creditors-2,909293-5,545-3748013,8060000000000
Accruals and Deferred Income0000000000000000
Deferred Taxes & Provisions0000000000000000
Cash flow from operations0000000000000000
Investing Activities
capital expenditure0000000000000000
Change in Investments0000000000000000
cash flow from investments0000000000000000
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts0000000000000000
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000000000000
other long term liabilities0000000000000000
share issue0000000000000000
interest0000000000000000
cash flow from financing0000000000000000
cash and cash equivalents
cash0000000000000000
overdraft0000000000000000
change in cash0000000000000000

ardross 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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Ardross Accountancy & Tax Services Ltd Competitor Analysis

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Perform a competitor analysis for ardross accountancy & tax services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IV2 area or any other competitors across 12 key performance metrics.

ardross accountancy & tax services ltd Ownership

ARDROSS ACCOUNTANCY & TAX SERVICES LTD group structure

Ardross Accountancy & Tax Services Ltd has no subsidiary companies.

Ultimate parent company

ARDROSS ACCOUNTANCY & TAX SERVICES LTD

SC346920

ARDROSS ACCOUNTANCY & TAX SERVICES LTD Shareholders

mr richard randle mark gray 50%
mr robert george bruce marshall 50%

ardross accountancy & tax services ltd directors

Ardross Accountancy & Tax Services Ltd currently has 2 directors. The longest serving directors include Mr Robert Marshall (Aug 2008) and Mr Richard Gray (Nov 2022).

officercountryagestartendrole
Mr Robert MarshallUnited Kingdom69 years Aug 2008- Director
Mr Richard GrayGreece67 years Nov 2022- Director

P&L

August 2024

turnover

124.9k

+8%

operating profit

4.8k

0%

gross margin

53.3%

+4.27%

turnover

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

Balance Sheet

August 2024

net assets

51.9k

+0.07%

total assets

58k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

ardross accountancy & tax services ltd company details

company number

SC346920

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

bruce marshall & co (scotland) limited (January 2019)

mgta limited (November 2009)

accountant

ARDROSS ACCOUNTANCY & TAX SERVICES LTD

auditor

-

address

ivtwo kintail house, beechwood business park, inverness, IV2 3BW

Bank

-

Legal Advisor

-

ardross 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 ardross accountancy & tax services ltd.

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

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