reunion finance limited

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reunion finance limited Company Information

Share REUNION FINANCE LIMITED

Company Number

02018416

Directors

John Cohen

Shareholders

john s. cohen

linda deborah jacobs

Group Structure

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Industry

Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

 

Registered Address

83 ducie street, manchester, M1 2JQ

reunion finance limited Estimated Valuation

£93.9k

Pomanda estimates the enterprise value of REUNION FINANCE LIMITED at £93.9k based on a Turnover of £89.4k and 1.05x industry multiple (adjusted for size and gross margin).

reunion finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REUNION FINANCE LIMITED at £0 based on an EBITDA of £0 and a 3.56x industry multiple (adjusted for size and gross margin).

reunion finance limited Estimated Valuation

£50.1k

Pomanda estimates the enterprise value of REUNION FINANCE LIMITED at £50.1k based on Net Assets of £27.4k and 1.83x industry multiple (adjusted for liquidity).

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Reunion Finance Limited Overview

Reunion Finance Limited is a live company located in manchester, M1 2JQ with a Companies House number of 02018416. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in May 1986, it's largest shareholder is john s. cohen with a 100% stake. Reunion Finance Limited is a mature, micro sized company, Pomanda has estimated its turnover at £89.4k with healthy growth in recent years.

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Reunion Finance Limited Health Check

Pomanda's financial health check has awarded Reunion Finance Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £89.4k, make it smaller than the average company (£3.5m)

£89.4k - Reunion Finance Limited

£3.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.2%)

9% - Reunion Finance Limited

4.2% - Industry AVG

production

Production

with a gross margin of 37.5%, this company has a higher cost of product (66.1%)

37.5% - Reunion Finance Limited

66.1% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Reunion Finance Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Reunion Finance Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.5k, the company has an equivalent pay structure (£67.5k)

£67.5k - Reunion Finance Limited

£67.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89.4k, this is less efficient (£385.1k)

£89.4k - Reunion Finance Limited

£385.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 122 days, this is earlier than average (222 days)

122 days - Reunion Finance Limited

222 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (23 days)

16 days - Reunion Finance Limited

23 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reunion Finance Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reunion Finance Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.3%, this is a lower level of debt than the average (88.8%)

8.3% - Reunion Finance Limited

88.8% - Industry AVG

REUNION FINANCE LIMITED financials

EXPORTms excel logo

Reunion Finance Limited's latest turnover from November 2023 is estimated at £89.4 thousand and the company has net assets of £27.4 thousand. According to their latest financial statements, Reunion Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover89,35766,68696,99368,73080,6384,2616,3666,0809,44357,94263,25440,76026,30125,7310
Other Income Or Grants000000000000000
Cost Of Sales55,88041,47259,95342,43651,6301,9973,0493,1414,56129,10341,68222,07419,04920,7020
Gross Profit33,47725,21437,04026,29429,0082,2643,3172,9394,88228,83921,57318,6867,2535,0290
Admin Expenses33,47725,21437,04026,29429,0082,264-194,21417,05776,24831,86624,03523,05010,36615,37623,944
Operating Profit000000197,531-14,118-71,366-3,027-2,462-4,364-3,113-10,347-23,944
Interest Payable000000000000000
Interest Receivable0000000022335393025
Pre-Tax Profit000000197,531-14,118-71,364-3,025-2,459-4,329-3,074-10,317-23,919
Tax000000-37,53100000000
Profit After Tax000000160,000-14,118-71,364-3,025-2,459-4,329-3,074-10,317-23,919
Dividends Paid000000000000000
Retained Profit000000160,000-14,118-71,364-3,025-2,459-4,329-3,074-10,317-23,919
Employee Costs67,49166,06161,11253,55649,94549,41844,58537,83334,75732,94335,50437,31833,23128,9980
Number Of Employees111111111111110
EBITDA*000000197,531-14,118-71,366-3,013-2,445-4,344-3,090-10,320-23,912

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets0000000008094111131154181
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000056,71155,083
Total Fixed Assets000000000809411113156,86555,264
Stock & work in progress000000000000000
Trade Debtors29,88829,88829,88829,88829,88829,88829,88829,88844,356120,460128,835129,943122,58797,807150,774
Group Debtors000000000000000
Misc Debtors000000000000000
Cash0000000025744644061413,5372,10710,000
misc current assets000000000000000
total current assets29,88829,88829,88829,88829,88829,88829,88829,88844,613120,906129,275130,557136,12499,914160,774
total assets29,88829,88829,88829,88829,88829,88829,88829,88844,613120,986129,369130,668136,255156,779216,038
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2,4932,4932,4932,4932,4932,4932,4932,4933,1008,10913,46712,30713,56531,01579,957
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities2,4932,4932,4932,4932,4932,4932,4932,4933,1008,10913,46712,30713,56531,01579,957
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities2,4932,4932,4932,4932,4932,4932,4932,4933,1008,10913,46712,30713,56531,01579,957
net assets27,39527,39527,39527,39527,39527,39527,39527,39541,513112,877115,902118,361122,690125,764136,081
total shareholders funds27,39527,39527,39527,39527,39527,39527,39527,39541,513112,877115,902118,361122,690125,764136,081
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit000000197,531-14,118-71,366-3,027-2,462-4,364-3,113-10,347-23,944
Depreciation000000000141720232732
Amortisation000000000000000
Tax000000-37,53100000000
Stock000000000000000
Debtors0000000-14,468-76,104-8,375-1,1087,356-31,931-51,339205,857
Creditors0000000-607-5,009-5,3581,160-1,258-17,450-48,94279,957
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations000000160,000-257-2714-177-12,95811,391-7,923-149,812
Investing Activities
capital expenditure000000008000000-213
Change in Investments000000000000000
cash flow from investments000000008000000-213
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 issue000000-160,0000000000160,000
interest0000000022335393025
cash flow from financing000000-160,0000223353930160,025
cash and cash equivalents
cash0000000-257-1896-174-12,92311,430-7,89310,000
overdraft000000000000000
change in cash0000000-257-1896-174-12,92311,430-7,89310,000

reunion finance 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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Reunion Finance Limited Competitor Analysis

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Perform a competitor analysis for reunion finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in M 1 area or any other competitors across 12 key performance metrics.

reunion finance limited Ownership

REUNION FINANCE LIMITED group structure

Reunion Finance Limited has no subsidiary companies.

Ultimate parent company

REUNION FINANCE LIMITED

02018416

REUNION FINANCE LIMITED Shareholders

john s. cohen 100%
linda deborah jacobs 0%

reunion finance limited directors

Reunion Finance Limited currently has 1 director, Mr John Cohen serving since Dec 1990.

officercountryagestartendrole
Mr John Cohen68 years Dec 1990- Director

P&L

November 2023

turnover

89.4k

+34%

operating profit

0

0%

gross margin

37.5%

-0.91%

turnover

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

Balance Sheet

November 2023

net assets

27.4k

0%

total assets

29.9k

0%

cash

0

0%

net assets

Total assets minus all liabilities

reunion finance limited company details

company number

02018416

Type

Private limited with Share Capital

industry

64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.

incorporation date

May 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

83 ducie street, manchester, M1 2JQ

Bank

-

Legal Advisor

-

reunion finance 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 reunion finance limited. Currently there are 1 open charges and 0 have been satisfied in the past.

reunion finance 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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reunion finance limited Companies House Filings - See Documents

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