chelsea financial services plc
chelsea financial services plc Company Information
Company Number
01728085
Website
www.chelseafs.co.ukRegistered Address
st james hall, moore park road, london, SW6 2JS
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02073847300
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
john holder 82%
darius mcdermott 10%
View Allchelsea financial services plc Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA FINANCIAL SERVICES PLC at £7.4m based on a Turnover of £4.6m and 1.62x industry multiple (adjusted for size and gross margin).
chelsea financial services plc Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA FINANCIAL SERVICES PLC at £8.5m based on an EBITDA of £1.3m and a 6.41x industry multiple (adjusted for size and gross margin).
chelsea financial services plc Estimated Valuation
Pomanda estimates the enterprise value of CHELSEA FINANCIAL SERVICES PLC at £5.8m based on Net Assets of £8.6m and 0.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chelsea Financial Services Plc Overview
Chelsea Financial Services Plc is a live company located in london, SW6 2JS with a Companies House number of 01728085. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 1983, it's largest shareholder is john holder with a 82% stake. Chelsea Financial Services Plc is a mature, small sized company, Pomanda has estimated its turnover at £4.6m with declining growth in recent years.
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Chelsea Financial Services Plc Health Check
Pomanda's financial health check has awarded Chelsea Financial Services Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
1 Weak
Size
annual sales of £4.6m, make it in line with the average company (£4.3m)
£4.6m - Chelsea Financial Services Plc
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.1%)
-1% - Chelsea Financial Services Plc
4.1% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
59.5% - Chelsea Financial Services Plc
59.5% - Industry AVG
Profitability
an operating margin of 29.1% make it more profitable than the average company (10.5%)
29.1% - Chelsea Financial Services Plc
10.5% - Industry AVG
Employees
with 20 employees, this is above the industry average (13)
20 - Chelsea Financial Services Plc
13 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has an equivalent pay structure (£74.5k)
£76.7k - Chelsea Financial Services Plc
£74.5k - Industry AVG
Efficiency
resulting in sales per employee of £227.9k, this is equally as efficient (£207.6k)
£227.9k - Chelsea Financial Services Plc
£207.6k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (31 days)
14 days - Chelsea Financial Services Plc
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Chelsea Financial Services Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chelsea Financial Services Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 216 weeks, this is more cash available to meet short term requirements (39 weeks)
216 weeks - Chelsea Financial Services Plc
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.1%, this is a lower level of debt than the average (57.6%)
5.1% - Chelsea Financial Services Plc
57.6% - Industry AVG
CHELSEA FINANCIAL SERVICES PLC financials
Chelsea Financial Services Plc's latest turnover from June 2023 is £4.6 million and the company has net assets of £8.6 million. According to their latest financial statements, Chelsea Financial Services Plc has 20 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,558,984 | 4,668,877 | 4,576,013 | 4,651,208 | 5,338,405 | 4,998,587 | 4,814,412 | 5,016,472 | 5,256,624 | 5,122,096 | 4,415,153 | 4,123,884 | 4,332,583 | 3,783,899 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 1,328,063 | 1,372,211 | 1,734,794 | 905,281 | 2,500,179 | 2,381,066 | 1,908,646 | 2,037,223 | 1,767,674 | 2,277,693 | 1,607,047 | 1,460,467 | 1,866,146 | 1,140,263 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 24,447 | 0 | 13,161 | 8,359 | 5,089 | 5,190 | 5,991 | 570 | 9,689 |
| Interest Receivable | 65,771 | 28,079 | 18,211 | 17,324 | 65,556 | 46,686 | 31,466 | 40,734 | 40,488 | 22,467 | 10,558 | 6,953 | 4,911 | 8,759 |
| Pre-Tax Profit | 1,393,834 | 1,400,290 | 1,753,005 | 922,605 | 2,565,735 | 2,403,305 | 1,940,112 | 2,064,796 | 1,799,803 | 2,295,071 | 1,612,415 | 1,461,429 | 1,870,487 | 1,139,333 |
| Tax | -352,819 | -317,635 | -357,309 | -219,732 | -478,434 | -484,846 | -403,113 | -335,788 | -387,686 | -570,000 | -403,125 | -399,200 | -545,201 | -330,339 |
| Profit After Tax | 1,041,015 | 1,082,655 | 1,395,696 | 702,873 | 2,087,301 | 1,918,459 | 1,536,999 | 1,729,008 | 1,412,117 | 1,725,071 | 1,209,290 | 1,062,229 | 1,325,286 | 808,994 |
| Dividends Paid | 1,150,000 | 1,200,000 | 800,000 | 775,000 | 700,000 | 800,000 | 650,000 | 1,200,000 | 1,600,000 | 300,000 | 0 | 0 | 0 | 3,000,000 |
| Retained Profit | -108,985 | -117,345 | 595,696 | -72,127 | 1,387,301 | 1,118,459 | 886,999 | 439,892 | -223,296 | 1,412,042 | 1,209,290 | 1,062,229 | 1,325,286 | -2,191,006 |
| Employee Costs | 1,533,878 | 1,643,784 | 1,748,032 | 1,753,667 | 1,632,062 | 1,738,829 | 1,507,746 | 1,484,485 | 1,778,126 | 1,380,939 | 1,493,263 | 1,392,649 | 1,209,252 | 1,543,982 |
| Number Of Employees | 20 | 17 | 20 | 20 | 21 | 21 | 17 | 17 | 17 | 17 | 14 | 15 | 15 | 14 |
| EBITDA* | 1,328,063 | 1,372,211 | 1,734,794 | 905,281 | 2,500,179 | 2,381,066 | 1,908,646 | 2,039,240 | 1,769,900 | 2,280,150 | 1,608,916 | 1,462,353 | 1,874,112 | 1,158,233 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 564,547 | 563,177 | 456,417 | 447,384 | 441,249 | 429,277 | 383,315 | 396,119 | 259,869 | 6,272 | 5,492 | 7,361 | 3,606 | 9,652 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1 | 1 | 0 | 0 | 0 | 0 | 76 | 75 | 75 | 252,929 | 101,504 | 51,703 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 564,548 | 563,178 | 456,417 | 447,384 | 441,249 | 429,277 | 383,391 | 396,194 | 259,944 | 259,201 | 106,996 | 59,064 | 3,606 | 9,652 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 185,955 | 210,833 | 534,691 | 517,000 | 582,362 | 646,054 | 634,110 | 613,462 | 679,710 | 879,599 | 868,012 | 697,471 | 752,981 | 687,120 |
| Group Debtors | 751,929 | 451,475 | 93,967 | 84,271 | 138,711 | 0 | 21,532 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Misc Debtors | 23,605 | 21,873 | 18,886 | 72,050 | 8,860 | 77,824 | 74,574 | 80,588 | 144,393 | 12,027 | 21,519 | 11,135 | 18,915 | 76,974 |
| Cash | 1,928,603 | 6,471,558 | 6,842,453 | 7,283,183 | 7,251,734 | 6,287,129 | 5,599,813 | 4,857,668 | 4,526,637 | 4,607,439 | 3,576,164 | 3,357,989 | 3,057,464 | 2,771,140 |
| misc current assets | 5,656,575 | 2,175,415 | 2,289,765 | 1,054,569 | 1,056,447 | 721,649 | 705,233 | 636,496 | 862,219 | 827,801 | 526,188 | 276,188 | 276,188 | 276,188 |
| total current assets | 8,546,667 | 9,331,154 | 9,779,762 | 9,011,073 | 9,038,114 | 7,769,590 | 7,035,262 | 6,188,214 | 6,212,959 | 6,326,866 | 4,991,884 | 4,342,783 | 4,105,548 | 3,811,422 |
| total assets | 9,111,215 | 9,894,332 | 10,236,179 | 9,458,457 | 9,479,363 | 8,198,867 | 7,418,653 | 6,584,408 | 6,472,903 | 6,586,067 | 5,098,880 | 4,401,847 | 4,109,154 | 3,821,074 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,500 | 3,203 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1 | 1 | 0 | 25,000 | 0 | 30,000 | 55,000 | 0 | 0 | 0 | 0 | 500,000 | 1,100,000 | 2,500,000 |
| other short term finances | 0 | 0 | 497 | 0 | 0 | 0 | 424,491 | 273,491 | 200,577 | 114,824 | 49,981 | 50,285 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 463,222 | 257,354 | 481,360 | 274,831 | 293,610 | 370,415 | 259,169 | 267,621 | 263,429 | 291,837 | 307,540 | 319,464 | 539,285 | 173,491 |
| total current liabilities | 463,223 | 257,355 | 481,857 | 299,831 | 293,610 | 400,415 | 738,660 | 543,612 | 467,209 | 406,661 | 357,521 | 869,749 | 1,639,285 | 2,673,491 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
| total liabilities | 463,223 | 257,355 | 481,857 | 299,831 | 293,610 | 400,415 | 738,660 | 543,612 | 467,209 | 406,661 | 357,521 | 869,749 | 1,639,285 | 2,676,491 |
| net assets | 8,647,992 | 9,636,977 | 9,754,322 | 9,158,626 | 9,185,753 | 7,798,452 | 6,679,993 | 5,951,658 | 5,983,310 | 6,179,406 | 4,741,359 | 3,532,073 | 2,469,844 | 1,144,558 |
| total shareholders funds | 8,647,992 | 9,636,977 | 9,754,322 | 9,158,626 | 9,185,753 | 7,798,452 | 6,679,993 | 5,951,658 | 5,983,310 | 6,179,406 | 4,741,359 | 3,532,073 | 2,469,844 | 1,144,558 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,328,063 | 1,372,211 | 1,734,794 | 905,281 | 2,500,179 | 2,381,066 | 1,908,646 | 2,037,223 | 1,767,674 | 2,277,693 | 1,607,047 | 1,460,467 | 1,866,146 | 1,140,263 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,017 | 2,226 | 2,457 | 1,869 | 1,886 | 7,966 | 17,970 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -352,819 | -317,635 | -357,309 | -219,732 | -478,434 | -484,846 | -403,113 | -335,788 | -387,686 | -570,000 | -403,125 | -399,200 | -545,201 | -330,339 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 277,308 | 36,637 | -25,777 | -56,612 | -30,879 | 30,596 | 36,166 | -130,053 | -67,523 | 2,094 | 180,926 | -63,290 | 7,802 | 764,094 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -2,500 | -703 | 3,203 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 205,868 | -224,006 | 206,529 | -18,779 | -76,805 | 111,246 | -8,452 | 4,192 | -28,408 | -15,703 | -11,924 | -219,821 | 365,794 | 173,491 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | 3,000 |
| Cash flow from operations | 903,804 | 793,933 | 1,609,791 | 723,382 | 1,975,819 | 1,976,870 | 1,458,415 | 1,836,994 | 1,424,532 | 1,692,353 | 1,012,941 | 906,622 | 1,683,903 | 240,291 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -311,972 | -45,886 | -55,906 | -363,915 | -34,418 | -405,630 | -49,726 | -5,641 | -1,920 | -1,094 |
| Change in Investments | 0 | 1 | 0 | 0 | 0 | -76 | 1 | 0 | -252,854 | 151,425 | 49,801 | 51,703 | 0 | 0 |
| cash flow from investments | 0 | -1 | 0 | 0 | -311,972 | -45,810 | -55,907 | -363,915 | 218,436 | -557,055 | -99,527 | -57,344 | -1,920 | -1,094 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 1 | -25,000 | 25,000 | -30,000 | -25,000 | 55,000 | 0 | 0 | 0 | -500,000 | -600,000 | -1,400,000 | 2,500,000 |
| Other Short Term Loans | 0 | -497 | 497 | 0 | 0 | -424,491 | 151,000 | 72,914 | 85,753 | 64,843 | -304 | 50,285 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 65,771 | 28,079 | 18,211 | 17,324 | 65,556 | 22,239 | 31,466 | 27,573 | 32,129 | 17,378 | 5,368 | 962 | 4,341 | -930 |
| cash flow from financing | -814,229 | 27,583 | -6,292 | 87,324 | 35,556 | -427,252 | 78,802 | -371,057 | 145,082 | 108,226 | -494,940 | -548,753 | -1,395,659 | 5,834,634 |
| cash and cash equivalents | ||||||||||||||
| cash | -4,542,955 | -370,895 | -440,730 | 31,449 | 964,605 | 687,316 | 742,145 | 331,031 | -80,802 | 1,031,275 | 218,175 | 300,525 | 286,324 | 2,771,140 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,542,955 | -370,895 | -440,730 | 31,449 | 964,605 | 687,316 | 742,145 | 331,031 | -80,802 | 1,031,275 | 218,175 | 300,525 | 286,324 | 2,771,140 |
chelsea financial services plc Credit Report and Business Information
Chelsea Financial Services Plc Competitor Analysis
Perform a competitor analysis for chelsea financial services plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SW6 area or any other competitors across 12 key performance metrics.
chelsea financial services plc Ownership
CHELSEA FINANCIAL SERVICES PLC group structure
Chelsea Financial Services Plc has 1 subsidiary company.
Ultimate parent company
CHELSEA FINANCIAL SERVICES PLC
01728085
1 subsidiary
chelsea financial services plc directors
Chelsea Financial Services Plc currently has 4 directors. The longest serving directors include Dr John Holder (Jun 1991) and Mr Darius McDermott (Feb 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr John Holder | 74 years | Jun 1991 | - | Director | |
| Mr Darius McDermott | England | 52 years | Feb 2000 | - | Director |
| Mr Samuel Holder | 45 years | Jan 2013 | - | Director | |
| Mr Stuart McDermott | 51 years | Jan 2013 | - | Director |
P&L
June 2023turnover
4.6m
-2%
operating profit
1.3m
-3%
gross margin
59.5%
-5.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
8.6m
-0.1%
total assets
9.1m
-0.08%
cash
1.9m
-0.7%
net assets
Total assets minus all liabilities
Similar Companies
chelsea financial services plc company details
company number
01728085
Type
Public 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
June 1983
age
41
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
st james hall, moore park road, london, SW6 2JS
accountant
-
auditor
PAUL HARTLEY
chelsea financial services plc 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 7 charges/mortgages relating to chelsea financial services plc. Currently there are 7 open charges and 0 have been satisfied in the past.
chelsea financial services plc Companies House Filings - See Documents
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