scartho finance company limited
scartho finance company limited Company Information
Company Number
00719707
Next Accounts
Jan 2026
Shareholders
rachel morfoot
gary thomas
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
23 chantry lane, grimsby, DN31 2LP
Website
-scartho finance company limited Estimated Valuation
Pomanda estimates the enterprise value of SCARTHO FINANCE COMPANY LIMITED at £6k based on a Turnover of £5k and 1.2x industry multiple (adjusted for size and gross margin).
scartho finance company limited Estimated Valuation
Pomanda estimates the enterprise value of SCARTHO FINANCE COMPANY LIMITED at £0 based on an EBITDA of £-1.7k and a 4.15x industry multiple (adjusted for size and gross margin).
scartho finance company limited Estimated Valuation
Pomanda estimates the enterprise value of SCARTHO FINANCE COMPANY LIMITED at £705.7k based on Net Assets of £540.8k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Scartho Finance Company Limited Overview
Scartho Finance Company Limited is a live company located in grimsby, DN31 2LP with a Companies House number of 00719707. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 1962, it's largest shareholder is rachel morfoot with a 50% stake. Scartho Finance Company Limited is a mature, micro sized company, Pomanda has estimated its turnover at £5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Scartho Finance Company Limited Health Check
Pomanda's financial health check has awarded Scartho Finance Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £5k, make it smaller than the average company (£5.5m)
- Scartho Finance Company Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (7.2%)
- Scartho Finance Company Limited
7.2% - Industry AVG
Production
with a gross margin of 53.3%, this company has a comparable cost of product (53.3%)
- Scartho Finance Company Limited
53.3% - Industry AVG
Profitability
an operating margin of -34.8% make it less profitable than the average company (8.9%)
- Scartho Finance Company Limited
8.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Scartho Finance Company Limited
12 - Industry AVG
Pay Structure
on an average salary of £80.5k, the company has an equivalent pay structure (£80.5k)
- Scartho Finance Company Limited
£80.5k - Industry AVG
Efficiency
resulting in sales per employee of £5k, this is less efficient (£219.1k)
- Scartho Finance Company Limited
£219.1k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (32 days)
- Scartho Finance Company Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Scartho Finance Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Scartho Finance Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (28 weeks)
36 weeks - Scartho Finance Company Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 11.7%, this is a lower level of debt than the average (70.2%)
11.7% - Scartho Finance Company Limited
70.2% - Industry AVG
SCARTHO FINANCE COMPANY LIMITED financials
Scartho Finance Company Limited's latest turnover from April 2024 is estimated at £5 thousand and the company has net assets of £540.8 thousand. According to their latest financial statements, we estimate that Scartho Finance Company Limited has 1 employee and maintains cash reserves of £51 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | 3 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 205 | 96,769 | 99,144 | 101,460 | 103,936 | 106,259 | 108,415 | 110,571 | |||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 552,000 | 440,000 | 440,000 | 440,000 | 440,000 | 440,000 | 400,000 | 486,410 | |||||||
| Debtors (Due After 1 year) | 81,836 | 95,836 | 101,381 | 95,591 | 401,114 | 434,546 | 453,173 | 474,421 | 345,523 | 339,589 | 353,361 | 363,451 | |||
| Total Fixed Assets | 552,000 | 440,000 | 440,000 | 521,836 | 535,836 | 541,381 | 495,591 | 887,729 | 531,315 | 552,317 | 575,881 | 449,459 | 445,848 | 461,776 | 474,022 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 450 | 2,700 | 2,510 | 11,677 | 8,421 | 9,607 | 24,765 | 19,046 | 18,301 | 18,316 | 15,133 | 15,197 | 15,583 | 19,067 | 75,048 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 9,011 | 39,368 | 65,700 | 36,028 | 39,120 | 227 | 680 | 927 | 546 | ||||||
| Cash | 50,965 | 93,881 | 81,335 | 49,011 | 45,838 | 83,579 | 155,934 | 50,857 | 51,036 | 39,020 | 33,494 | 69,921 | 71,338 | 79,069 | 23,718 |
| misc current assets | 430 | 420 | 428 | 460 | |||||||||||
| total current assets | 60,426 | 135,949 | 149,545 | 96,716 | 93,379 | 93,413 | 181,379 | 70,830 | 69,883 | 57,336 | 48,627 | 85,548 | 87,341 | 98,564 | 99,226 |
| total assets | 612,426 | 575,949 | 589,545 | 618,552 | 629,215 | 634,794 | 676,970 | 958,559 | 601,198 | 609,653 | 624,508 | 535,007 | 533,189 | 560,340 | 573,248 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 143 | 107,137 | 130,027 | 51,114 | 57,662 | 86,491 | 22,347 | ||||||||
| Group/Directors Accounts | 167,287 | 220,296 | 315,464 | 84,097 | 79,353 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 71,665 | 36,732 | 59,151 | 96,817 | 116,303 | 17,063 | 8,775 | 14,005 | 7,958 | ||||||
| total current liabilities | 71,665 | 36,732 | 59,151 | 96,817 | 116,303 | 184,350 | 229,214 | 329,469 | 92,055 | 107,137 | 130,027 | 51,114 | 57,662 | 86,491 | 101,700 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 24,510 | 18,283 | 18,304 | ||||||||||||
| total long term liabilities | 24,510 | 18,283 | 18,304 | ||||||||||||
| total liabilities | 71,665 | 36,732 | 59,151 | 96,817 | 116,303 | 208,860 | 247,497 | 347,773 | 92,055 | 107,137 | 130,027 | 51,114 | 57,662 | 86,491 | 101,700 |
| net assets | 540,761 | 539,217 | 530,394 | 521,735 | 512,912 | 425,934 | 429,473 | 610,786 | 509,143 | 502,516 | 494,481 | 483,893 | 475,527 | 473,849 | 471,548 |
| total shareholders funds | 540,761 | 539,217 | 530,394 | 521,735 | 512,912 | 425,934 | 429,473 | 610,786 | 509,143 | 502,516 | 494,481 | 483,893 | 475,527 | 473,849 | 471,548 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 100 | 2,139 | 2,316 | 2,316 | 2,156 | 2,156 | 2,156 | 2,156 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -32,607 | -26,142 | -61,331 | -13,836 | 32,162 | -9,821 | -300,051 | -32,306 | -18,096 | -18,065 | 128,834 | 5,548 | -17,256 | -66,071 | 438,499 |
| Creditors | -143 | 143 | -107,137 | -22,890 | 78,913 | -6,548 | -28,829 | 64,144 | 22,347 | ||||||
| Accruals and Deferred Income | 34,933 | -22,419 | -37,666 | -19,486 | 99,240 | 8,288 | -5,230 | 6,047 | 7,958 | ||||||
| Deferred Taxes & Provisions | -24,510 | 6,227 | -21 | 18,304 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 112,000 | 40,000 | -86,410 | 486,410 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -167,287 | -53,009 | -95,168 | 231,367 | 84,097 | -79,353 | 79,353 | ||||||||
| 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 | -42,916 | 12,546 | 32,324 | 3,173 | -37,741 | -72,355 | 105,077 | -179 | 12,016 | 5,526 | -36,427 | -1,417 | -7,731 | 55,351 | 23,718 |
| overdraft | |||||||||||||||
| change in cash | -42,916 | 12,546 | 32,324 | 3,173 | -37,741 | -72,355 | 105,077 | -179 | 12,016 | 5,526 | -36,427 | -1,417 | -7,731 | 55,351 | 23,718 |
scartho finance company limited Credit Report and Business Information
Scartho Finance Company Limited Competitor Analysis
Perform a competitor analysis for scartho finance company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DN31 area or any other competitors across 12 key performance metrics.
scartho finance company limited Ownership
SCARTHO FINANCE COMPANY LIMITED group structure
Scartho Finance Company Limited has no subsidiary companies.
Ultimate parent company
SCARTHO FINANCE COMPANY LIMITED
00719707
scartho finance company limited directors
Scartho Finance Company Limited currently has 2 directors. The longest serving directors include Mrs Rachel Morfoot (Aug 2016) and Mr Gary Thomas (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rachel Morfoot | England | 50 years | Aug 2016 | - | Director |
| Mr Gary Thomas | 53 years | Aug 2016 | - | Director |
P&L
April 2024turnover
5k
-98%
operating profit
-1.7k
0%
gross margin
53.4%
-4.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
540.8k
0%
total assets
612.4k
+0.06%
cash
51k
-0.46%
net assets
Total assets minus all liabilities
scartho finance company limited company details
company number
00719707
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 1962
age
63
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
D FLYNN ASSOCIATES LTD
auditor
-
address
23 chantry lane, grimsby, DN31 2LP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
scartho finance company 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 found 1 charges/mortgages relating to scartho finance company limited. Currently there are 1 open charges and 0 have been satisfied in the past.
scartho finance company 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.
Click to start generating capital raising & share issue transactions for SCARTHO FINANCE COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
scartho finance company limited Companies House Filings - See Documents
| date | description | view/download |
|---|
