finance & leasing association Company Information
Group Structure
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Industry
Activities of business and employers membership organisations
Registered Address
11 ironmonger lane, london, EC2V 8EY
Website
http://fla.org.ukfinance & leasing association Estimated Valuation
Pomanda estimates the enterprise value of FINANCE & LEASING ASSOCIATION at £5.9m based on a Turnover of £7.1m and 0.83x industry multiple (adjusted for size and gross margin).
finance & leasing association Estimated Valuation
Pomanda estimates the enterprise value of FINANCE & LEASING ASSOCIATION at £820.9k based on an EBITDA of £200.7k and a 4.09x industry multiple (adjusted for size and gross margin).
finance & leasing association Estimated Valuation
Pomanda estimates the enterprise value of FINANCE & LEASING ASSOCIATION at £7m based on Net Assets of £3.1m and 2.28x industry multiple (adjusted for liquidity).
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Finance & Leasing Association Overview
Finance & Leasing Association is a live company located in london, EC2V 8EY with a Companies House number of 02651248. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in October 1991, it's largest shareholder is unknown. Finance & Leasing Association is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with healthy growth in recent years.
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Finance & Leasing Association Health Check
Pomanda's financial health check has awarded Finance & Leasing Association a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
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6 Strong
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2 Regular
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3 Weak
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Size
annual sales of £7.1m, make it larger than the average company (£1.2m)
£7.1m - Finance & Leasing Association
£1.2m - Industry AVG
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Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4%)
6% - Finance & Leasing Association
4% - Industry AVG
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Production
with a gross margin of 75.5%, this company has a comparable cost of product (75.5%)
75.5% - Finance & Leasing Association
75.5% - Industry AVG
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Profitability
an operating margin of 2.3% make it more profitable than the average company (1.3%)
2.3% - Finance & Leasing Association
1.3% - Industry AVG
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Employees
with 32 employees, this is above the industry average (15)
32 - Finance & Leasing Association
15 - Industry AVG
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Pay Structure
on an average salary of £97.7k, the company has a higher pay structure (£51.4k)
£97.7k - Finance & Leasing Association
£51.4k - Industry AVG
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Efficiency
resulting in sales per employee of £221.6k, this is more efficient (£114.6k)
£221.6k - Finance & Leasing Association
£114.6k - Industry AVG
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Debtor Days
it gets paid by customers after 5 days, this is earlier than average (38 days)
5 days - Finance & Leasing Association
38 days - Industry AVG
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Creditor Days
its suppliers are paid after 32 days, this is quicker than average (46 days)
32 days - Finance & Leasing Association
46 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Finance & Leasing Association
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 48 weeks, this is less cash available to meet short term requirements (65 weeks)
48 weeks - Finance & Leasing Association
65 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 42.4%, this is a similar level of debt than the average (43.3%)
42.4% - Finance & Leasing Association
43.3% - Industry AVG
FINANCE & LEASING ASSOCIATION financials
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Finance & Leasing Association's latest turnover from December 2023 is £7.1 million and the company has net assets of £3.1 million. According to their latest financial statements, Finance & Leasing Association has 32 employees and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 7,089,875 | 6,385,785 | 5,779,221 | 5,988,254 | 6,141,069 | 5,895,926 | 5,817,867 | 5,310,093 | 5,028,198 | 4,716,934 | 4,300,256 | 4,162,079 | 4,191,071 | 3,960,073 | 2,335,186 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | 163,592 | 351,360 | 53,842 | 5,834 | 50,565 | 7,639 | 145,433 | 11,123 | 259,676 | 231,201 | 134,737 | 70,643 | 195,369 | 172,211 | 38,500 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 155,988 | 41,861 | 615 | 10,053 | 24,085 | 12,088 | 8,134 | 20,286 | 14,590 | 16,335 | 28,821 | 42,374 | 40,360 | 26,130 | 16,382 |
Pre-Tax Profit | 319,580 | 393,221 | 54,457 | 15,887 | 74,650 | 19,727 | 153,567 | 31,409 | 274,266 | 247,536 | 163,558 | 113,017 | 235,729 | 198,341 | 54,882 |
Tax | -58,118 | -80,303 | -17,857 | -8,849 | -16,110 | -7,158 | -31,833 | -14,044 | -52,598 | -45,885 | -38,167 | -23,340 | -49,602 | -42,893 | -11,150 |
Profit After Tax | 261,462 | 312,918 | 36,600 | 7,038 | 58,540 | 12,569 | 121,734 | 17,365 | 221,668 | 201,651 | 125,391 | 89,677 | 186,127 | 155,448 | 43,732 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 261,462 | 312,918 | 36,600 | 7,038 | 58,540 | 12,569 | 121,734 | 17,365 | 221,668 | 201,651 | 125,391 | 89,677 | 186,127 | 155,448 | 43,732 |
Employee Costs | 3,127,456 | 2,767,164 | 2,482,450 | 2,439,827 | 2,546,111 | 2,505,922 | 2,310,905 | 2,160,580 | 2,008,124 | 1,690,062 | 1,751,525 | 1,753,460 | 1,738,308 | 1,658,840 | 1,683,807 |
Number Of Employees | 32 | 27 | 27 | 29 | 28 | 28 | 27 | 25 | 24 | 23 | 24 | 22 | 23 | 22 | 25 |
EBITDA* | 200,718 | 364,374 | 76,458 | 43,847 | 80,080 | 26,404 | 146,687 | 15,905 | 268,305 | 255,038 | 156,132 | 100,347 | 222,424 | 237,560 | 96,809 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 114,542 | 7,457 | 20,471 | 35,240 | 43,595 | 38,232 | 14,658 | 1,607 | 4,912 | 13,541 | 33,192 | 42,051 | 16,762 | 42,520 | 97,473 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 114,542 | 7,457 | 20,471 | 35,240 | 43,595 | 38,232 | 14,658 | 1,607 | 4,912 | 13,541 | 33,192 | 42,051 | 16,762 | 42,520 | 97,473 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 102,685 | 119,086 | 56,808 | 117,774 | 69,881 | 95,905 | 88,945 | 45,011 | 55,244 | 30,517 | 46,887 | 66,961 | 73,959 | 165,754 | 102,871 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 527,709 | 300,894 | 310,079 | 339,337 | 602,511 | 337,974 | 290,081 | 315,954 | 393,178 | 563,816 | 346,778 | 213,472 | 490,763 | 191,438 | 309,203 |
Cash | 2,071,845 | 1,251,431 | 4,393,953 | 4,730,057 | 4,803,374 | 4,289,333 | 4,298,655 | 2,976,868 | 3,306,845 | 2,962,427 | 1,978,017 | 1,694,064 | 1,070,557 | 1,631,172 | 1,925,523 |
misc current assets | 2,500,000 | 3,500,000 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 513,686 | 508,212 | 1,001,208 | 1,312,723 | 1,900,000 | 1,000,000 | 0 |
total current assets | 5,202,239 | 5,171,411 | 4,760,840 | 5,187,168 | 5,475,766 | 4,723,212 | 4,677,681 | 4,337,833 | 4,268,953 | 4,064,972 | 3,372,890 | 3,287,220 | 3,535,279 | 2,988,364 | 2,337,597 |
total assets | 5,316,781 | 5,178,868 | 4,781,311 | 5,222,408 | 5,519,361 | 4,761,444 | 4,692,339 | 4,339,440 | 4,273,865 | 4,078,513 | 3,406,082 | 3,329,271 | 3,552,041 | 3,030,884 | 2,435,070 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 153,750 | 554,443 | 54,453 | 102,496 | 555,366 | 68,386 | 105,220 | 74,872 | 132,079 | 229,891 | 169,408 | 159,691 | 417,901 | 109,796 | 228,724 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 2,058,573 | 1,823,549 | 2,235,349 | 2,637,704 | 2,461,824 | 2,219,227 | 2,213,908 | 2,013,091 | 1,907,674 | 1,731,178 | 1,425,881 | 1,484,178 | 1,538,415 | 1,511,490 | 952,196 |
total current liabilities | 2,212,323 | 2,377,992 | 2,289,802 | 2,740,200 | 3,017,190 | 2,287,613 | 2,319,128 | 2,087,963 | 2,039,753 | 1,961,069 | 1,595,289 | 1,643,869 | 1,956,316 | 1,621,286 | 1,180,920 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 1,672 | 0 | 3,551 | 30,850 | 57,851 | 88,051 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105,000 | 0 | 0 | 0 | 0 | 0 |
provisions | 40,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 42,120 | 0 | 3,551 | 30,850 | 57,851 | 88,051 | 0 | 0 | 0 | 105,000 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 2,254,443 | 2,377,992 | 2,293,353 | 2,771,050 | 3,075,041 | 2,375,664 | 2,319,128 | 2,087,963 | 2,039,753 | 2,066,069 | 1,595,289 | 1,643,869 | 1,956,316 | 1,621,286 | 1,180,920 |
net assets | 3,062,338 | 2,800,876 | 2,487,958 | 2,451,358 | 2,444,320 | 2,385,780 | 2,373,211 | 2,251,477 | 2,234,112 | 2,012,444 | 1,810,793 | 1,685,402 | 1,595,725 | 1,409,598 | 1,254,150 |
total shareholders funds | 3,062,338 | 2,800,876 | 2,487,958 | 2,451,358 | 2,444,320 | 2,385,780 | 2,373,211 | 2,251,477 | 2,234,112 | 2,012,444 | 1,810,793 | 1,685,402 | 1,595,725 | 1,409,598 | 1,254,150 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 163,592 | 351,360 | 53,842 | 5,834 | 50,565 | 7,639 | 145,433 | 11,123 | 259,676 | 231,201 | 134,737 | 70,643 | 195,369 | 172,211 | 38,500 |
Depreciation | 37,126 | 13,014 | 22,616 | 38,013 | 29,515 | 18,765 | 1,254 | 4,782 | 8,629 | 23,837 | 21,395 | 29,704 | 27,055 | 65,349 | 58,309 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -58,118 | -80,303 | -17,857 | -8,849 | -16,110 | -7,158 | -31,833 | -14,044 | -52,598 | -45,885 | -38,167 | -23,340 | -49,602 | -42,893 | -11,150 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 210,414 | 53,093 | -90,224 | -215,281 | 238,513 | 54,853 | 18,061 | -87,457 | -145,911 | 200,668 | 113,232 | -284,289 | 207,530 | -54,882 | 412,074 |
Creditors | -400,693 | 499,990 | -48,043 | -452,870 | 486,980 | -36,834 | 30,348 | -57,207 | -97,812 | 60,483 | 9,717 | -258,210 | 308,105 | -118,928 | 228,724 |
Accruals and Deferred Income | 236,696 | -415,351 | -429,654 | 148,879 | 212,397 | 93,370 | 200,817 | 105,417 | 176,496 | 305,297 | -58,297 | -54,237 | 26,925 | 559,294 | 952,196 |
Deferred Taxes & Provisions | 40,448 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -191,363 | 315,617 | -328,872 | -53,712 | 524,834 | 20,929 | 327,958 | 137,528 | 440,302 | 374,265 | -43,847 | 48,849 | 300,322 | 689,915 | 854,505 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -14,305 | -1,479 | 0 | -4,186 | -12,536 | -54,993 | -1,297 | -10,396 | -28,524 |
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | -14,305 | -1,479 | 0 | -4,186 | -12,536 | -54,993 | -1,297 | -10,396 | -28,524 |
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 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 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -105,000 | 105,000 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 155,988 | 41,861 | 615 | 10,053 | 24,085 | 12,088 | 8,134 | 20,286 | 14,590 | 16,335 | 28,821 | 42,374 | 40,360 | 26,130 | 16,382 |
cash flow from financing | 155,988 | 41,861 | 615 | 10,053 | 24,085 | 12,088 | 8,134 | 20,286 | -90,410 | 121,335 | 28,821 | 42,374 | 40,360 | 26,130 | 1,226,800 |
cash and cash equivalents | |||||||||||||||
cash | 820,414 | -3,142,522 | -336,104 | -73,317 | 514,041 | -9,322 | 1,321,787 | -329,977 | 344,418 | 984,410 | 283,953 | 623,507 | -560,615 | -294,351 | 1,925,523 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 820,414 | -3,142,522 | -336,104 | -73,317 | 514,041 | -9,322 | 1,321,787 | -329,977 | 344,418 | 984,410 | 283,953 | 623,507 | -560,615 | -294,351 | 1,925,523 |
finance & leasing association Credit Report and Business Information
Finance & Leasing Association Competitor Analysis
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Perform a competitor analysis for finance & leasing association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in EC2V area or any other competitors across 12 key performance metrics.
finance & leasing association Ownership
FINANCE & LEASING ASSOCIATION group structure
Finance & Leasing Association has no subsidiary companies.
Ultimate parent company
FINANCE & LEASING ASSOCIATION
02651248
finance & leasing association directors
Finance & Leasing Association currently has 16 directors. The longest serving directors include Mr David Carson (Jun 2018) and Ms Debbie Burton (Jun 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Carson | England | 61 years | Jun 2018 | - | Director |
Ms Debbie Burton | England | 53 years | Jun 2018 | - | Director |
Mr Paul Went | United Kingdom | 46 years | May 2019 | - | Director |
Mr Stephen Haddrill | England | 69 years | Dec 2019 | - | Director |
Mr John Phillipou | England | 52 years | Mar 2020 | - | Director |
Mr Alexander Hughes | 48 years | Jun 2020 | - | Director | |
Mr Michael Randall | England | 58 years | Jan 2022 | - | Director |
Mrs Helen Lumb | England | 57 years | Jan 2023 | - | Director |
Ms Karen Page | England | 54 years | Jun 2023 | - | Director |
Mr Nicholas Williams | United Kingdom | 50 years | Aug 2023 | - | Director |
P&L
December 2023turnover
7.1m
+11%
operating profit
163.6k
-53%
gross margin
75.5%
-3.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
+0.09%
total assets
5.3m
+0.03%
cash
2.1m
+0.66%
net assets
Total assets minus all liabilities
finance & leasing association company details
company number
02651248
Type
Private Ltd By Guarantee w/o Share Cap
industry
94110 - Activities of business and employers membership organisations
incorporation date
October 1991
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
finance & leasing association limited (November 1991)
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
11 ironmonger lane, london, EC2V 8EY
Bank
-
Legal Advisor
-
finance & leasing association 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 finance & leasing association.
finance & leasing association 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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finance & leasing association Companies House Filings - See Documents
date | description | view/download |
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