finaid limited

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finaid limited Company Information

Share FINAID LIMITED

Company Number

01468621

Shareholders

maylora ltd

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

1a needlers end lane, balsall common, coventry, CV7 7AF

finaid limited Estimated Valuation

£21.8m

Pomanda estimates the enterprise value of FINAID LIMITED at £21.8m based on a Turnover of £8.7m and 2.5x industry multiple (adjusted for size and gross margin).

finaid limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FINAID LIMITED at £0 based on an EBITDA of £0 and a 5.3x industry multiple (adjusted for size and gross margin).

finaid limited Estimated Valuation

£827.2k

Pomanda estimates the enterprise value of FINAID LIMITED at £827.2k based on Net Assets of £516.3k and 1.6x industry multiple (adjusted for liquidity).

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Finaid Limited Overview

Finaid Limited is a live company located in coventry, CV7 7AF with a Companies House number of 01468621. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 1979, it's largest shareholder is maylora ltd with a 100% stake. Finaid Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.7m with healthy growth in recent years.

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Finaid Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £8.7m, make it larger than the average company (£940.4k)

£8.7m - Finaid Limited

£940.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.8%)

4% - Finaid Limited

2.8% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a higher cost of product (70.2%)

27.1% - Finaid Limited

70.2% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Finaid Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Finaid Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Finaid Limited

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £8.7m, this is more efficient (£188k)

£8.7m - Finaid Limited

£188k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (24 days)

127 days - Finaid Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 145 days, this is slower than average (33 days)

145 days - Finaid Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Finaid Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Finaid Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (63.8%)

83.1% - Finaid Limited

63.8% - Industry AVG

FINAID LIMITED financials

EXPORTms excel logo

Finaid Limited's latest turnover from December 2023 is estimated at £8.7 million and the company has net assets of £516.3 thousand. According to their latest financial statements, Finaid Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,721,5768,423,8437,562,6547,649,9909,111,46412,286,15011,968,19212,058,61712,015,07213,085,86912,745,11913,070,70312,007,40211,436,5700
Other Income Or Grants000000000000000
Cost Of Sales6,359,6046,093,0135,574,5125,879,6477,110,3849,226,4069,044,5219,172,1939,101,35110,166,36610,265,60810,386,0379,684,3649,409,2650
Gross Profit2,361,9712,330,8311,988,1421,770,3432,001,0803,059,7442,923,6712,886,4242,913,7212,919,5032,479,5112,684,6662,323,0382,027,3050
Admin Expenses2,361,9712,330,8311,988,1421,770,3432,001,0803,059,7442,923,6712,886,4222,913,7222,919,5042,479,5122,684,6672,323,0392,027,306-717,135
Operating Profit00000002-1-1-1-1-1-1717,135
Interest Payable000000000000000
Interest Receivable000000001111111
Pre-Tax Profit00000003000000717,136
Tax00000000000000-200,798
Profit After Tax00000002000000516,338
Dividends Paid000000000000000
Retained Profit00000002000000516,338
Employee Costs38,24637,32636,58137,26640,833777,126711,632777,991754,228713,884741,899703,857674,527721,9870
Number Of Employees111112020212020212120210
EBITDA*00000002-1-1-1-1-1-1717,135

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,6141,6141,6141,6141,6141,6141,6141,6140000000
Intangible Assets000000001,6141,6141,6141,6141,6141,6141,614
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,6141,6141,6141,6141,6141,6141,6141,6141,6141,6141,6141,6141,6141,6141,614
Stock & work in progress000000000000000
Trade Debtors3,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,053,9523,053,9523,053,9523,053,9523,053,9523,053,9523,053,952
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000266266266266266266266
misc current assets000000000000000
total current assets3,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,2183,054,218
total assets3,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,8323,055,832
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,492
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities2,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,492
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities2,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,4922,539,492
net assets516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340
total shareholders funds516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340516,340
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit00000002-1-1-1-1-1-1717,135
Depreciation000000000000000
Amortisation000000000000000
Tax00000000000000-200,798
Stock000000000000000
Debtors00000002660000003,053,952
Creditors000000000000002,539,492
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations0000000-264-1-1-1-1-1-11,877
Investing Activities
capital expenditure00000000000000-1,614
Change in Investments000000000000000
cash flow from investments00000000000000-1,614
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-20000002
interest000000001111111
cash flow from financing0000000-21111113
cash and cash equivalents
cash0000000-266000000266
overdraft000000000000000
change in cash0000000-266000000266

finaid 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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Finaid Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for finaid limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in CV7 area or any other competitors across 12 key performance metrics.

finaid limited Ownership

FINAID LIMITED Shareholders

maylora ltd 100%

finaid limited directors

Finaid Limited currently has 2 directors. The longest serving directors include Mr Michael Hunter (Dec 1990) and Mr Frank Hunter (Dec 1990).

officercountryagestartendrole
Mr Michael HunterIsrael81 years Dec 1990- Director
Mr Frank Hunter79 years Dec 1990- Director

P&L

December 2023

turnover

8.7m

+4%

operating profit

0

0%

gross margin

27.1%

-2.12%

turnover

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

Balance Sheet

December 2023

net assets

516.3k

0%

total assets

3.1m

0%

cash

0

0%

net assets

Total assets minus all liabilities

finaid limited company details

company number

01468621

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

December 1979

age

46

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

1a needlers end lane, balsall common, coventry, CV7 7AF

Bank

-

Legal Advisor

-

finaid 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 25 charges/mortgages relating to finaid limited. Currently there are 25 open charges and 0 have been satisfied in the past.

finaid 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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finaid limited Companies House Filings - See Documents

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