Pomanda estimates the enterprise value of ASSOCIATION OF FOREIGN BANKS at £381.4k based on a Turnover of £804.3k and 0.47x industry multiple (adjusted for size and gross margin).
association of foreign banksEstimated Valuation
£49.6k
Pomanda estimates the enterprise value of ASSOCIATION OF FOREIGN BANKS at £49.6k based on an EBITDA of £19.6k and a 2.53x industry multiple (adjusted for size and gross margin).
association of foreign banksEstimated Valuation
£3m
Pomanda estimates the enterprise value of ASSOCIATION OF FOREIGN BANKS at £3m based on Net Assets of £1.2m and 2.44x industry multiple (adjusted for liquidity).
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Association Of Foreign BanksOverview
Association Of Foreign Banks is a live company located in london, EC2N 2QQ with a Companies House number of 02658283. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in October 1991, it's largest shareholder is
unknown.
Association Of Foreign Banks is a mature,
small sized company, Pomanda has estimated its turnover at
£804.3k with
high
growth in recent years.
Pomanda's financial health check has awarded Association Of Foreign Banks a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £804.3k, make it in line with the average company (£874.7k)
£804.3k - Association Of Foreign Banks
£874.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (4.8%)
20% - Association Of Foreign Banks
4.8% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
71% - Association Of Foreign Banks
71% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (2.2%)
0.1% - Association Of Foreign Banks
2.2% - Industry AVG
Employees
with 11 employees, this is similar to the industry average (13)
11 - Association Of Foreign Banks
13 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
£47.7k - Association Of Foreign Banks
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £73.1k, this is less efficient (£111.9k)
£73.1k - Association Of Foreign Banks
£111.9k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (22 days)
12 days - Association Of Foreign Banks
22 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
4 days - Association Of Foreign Banks
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Association Of Foreign Banks
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 300 weeks, this is more cash available to meet short term requirements (100 weeks)
300 weeks - Association Of Foreign Banks
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.1%, this is a lower level of debt than the average (26.7%)
16.1% - Association Of Foreign Banks
26.7% - Industry AVG
ASSOCIATION OF FOREIGN BANKS financials
EXPORT
Association Of Foreign Banks's latest turnover from December 2023 is estimated at £804.3 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Association Of Foreign Banks has 11 employees and maintains cash reserves of £1.4 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
804,263
751,173
575,559
463,410
646,597
421,972
440,173
417,856
54,593
443,713
637,549
440,890
508,085
399,177
483,495
Other Income Or Grants
Cost Of Sales
233,441
196,691
145,855
137,137
208,615
138,443
141,893
130,619
18,535
185,508
91,944
47,147
95,114
38,869
75,444
Gross Profit
570,822
554,482
429,705
326,273
437,982
283,529
298,280
287,237
36,058
258,205
545,605
393,743
412,971
360,308
408,051
Admin Expenses
569,705
427,768
229,372
162,680
318,337
220,542
231,764
253,566
35,790
248,999
438,701
386,747
403,181
323,294
321,312
Operating Profit
1,117
126,714
200,333
163,593
119,645
62,987
66,516
33,671
268
9,206
106,904
6,996
9,790
37,014
86,739
Interest Payable
7
Interest Receivable
71,361
44,125
2,825
949
5,949
5,400
3,170
1,418
2,676
2,673
4,813
4,569
3,031
2,156
4,702
Pre-Tax Profit
72,477
170,840
203,158
164,542
125,594
68,386
69,686
35,089
2,944
11,880
111,717
11,565
12,821
39,170
91,434
Tax
-18,119
-32,460
-38,600
-31,263
-23,863
-12,993
-13,240
-7,018
-589
-2,495
-21,399
-3,418
-3,763
-9,758
-20,831
Profit After Tax
54,358
138,380
164,558
133,279
101,731
55,393
56,446
28,071
2,355
9,385
90,318
8,147
9,058
29,412
70,603
Dividends Paid
Retained Profit
54,358
138,380
164,558
133,279
101,731
55,393
56,446
28,071
2,355
9,385
90,318
8,147
9,058
29,412
70,603
Employee Costs
524,433
452,076
391,502
331,390
246,495
245,602
246,012
245,597
38,804
156,033
238,728
189,645
186,510
241,506
238,032
Number Of Employees
11
10
9
8
6
6
6
6
1
4
6
5
5
3
3
EBITDA*
19,604
144,952
213,064
171,341
127,241
72,003
68,775
37,531
7,805
16,177
112,601
8,561
13,124
40,397
90,213
* 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
30,220
2,717
5,500
6,505
7,253
17,818
24,823
5,540
8,398
11,940
14,817
3,844
2,868
4,529
7,495
Intangible Assets
2,256
15,789
30,450
17,740
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
32,476
18,506
35,950
24,245
7,253
17,818
24,823
5,540
8,398
11,940
14,817
3,844
2,868
4,529
7,495
Stock & work in progress
Trade Debtors
27,318
32,640
23,532
9,348
40,830
15,666
16,092
7,872
3,456
29,992
6,384
2,227
4,428
761
6,553
Group Debtors
Misc Debtors
40,045
39,455
19,341
26,791
27,234
29,432
25,136
25,198
40,424
8,395
10,389
8,792
11,658
10,018
Cash
1,375,012
1,343,486
1,177,949
1,081,822
815,548
770,854
669,098
599,027
535,485
534,816
534,486
429,991
491,091
434,219
389,236
misc current assets
total current assets
1,442,375
1,415,581
1,220,822
1,117,961
883,612
815,952
710,326
632,097
579,365
564,808
549,265
442,607
504,311
446,638
405,807
total assets
1,474,851
1,434,087
1,256,772
1,142,206
890,865
833,770
735,149
637,637
587,763
576,748
564,082
446,451
507,179
451,167
413,302
Bank overdraft
Bank loan
Trade Creditors
2,733
1,847
962
3,067
900
16,846
74,245
1,013
66
3,738
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
235,044
249,524
211,474
259,361
144,366
188,102
128,928
104,708
82,905
70,964
43,651
111,513
65,507
53,382
total current liabilities
237,777
251,371
212,436
262,428
144,366
189,002
145,774
104,708
82,905
74,245
70,964
43,651
112,526
65,573
57,120
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
237,777
251,371
212,436
262,428
144,366
189,002
145,774
104,708
82,905
74,245
70,964
43,651
112,526
65,573
57,120
net assets
1,237,074
1,182,716
1,044,336
879,778
746,499
644,768
589,375
532,929
504,858
502,503
493,118
402,800
394,653
385,594
356,182
total shareholders funds
1,237,074
1,182,716
1,044,336
879,778
746,499
644,768
589,375
532,929
504,858
502,503
493,118
402,800
394,653
385,594
356,182
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
1,117
126,714
200,333
163,593
119,645
62,987
66,516
33,671
268
9,206
106,904
6,996
9,790
37,014
86,739
Depreciation
4,954
3,577
2,581
7,748
7,596
9,016
2,259
3,860
7,537
6,971
5,697
1,565
3,334
3,383
3,474
Amortisation
13,533
14,661
10,150
Tax
-18,119
-32,460
-38,600
-31,263
-23,863
-12,993
-13,240
-7,018
-589
-2,495
-21,399
-3,418
-3,763
-9,758
-20,831
Stock
Debtors
-4,732
29,222
6,734
-31,925
22,966
3,870
8,158
-10,810
13,888
15,213
2,163
-604
801
-4,152
16,571
Creditors
886
885
-2,105
3,067
-900
-15,946
16,846
-74,245
74,245
-1,013
947
-3,672
3,738
Accruals and Deferred Income
-14,480
38,050
-47,887
114,995
-43,736
59,174
24,220
21,803
82,905
-70,964
27,313
-67,862
46,006
12,125
53,382
Deferred Taxes & Provisions
Cash flow from operations
-7,377
122,205
117,738
290,065
35,776
98,368
88,443
63,126
1,988
1,750
116,352
-63,128
55,513
43,244
109,931
Investing Activities
capital expenditure
-32,457
-794
-24,436
-24,740
2,969
-2,011
-21,542
-1,002
-3,995
-4,094
-16,670
-2,541
-1,673
-417
-10,969
Change in Investments
cash flow from investments
-32,457
-794
-24,436
-24,740
2,969
-2,011
-21,542
-1,002
-3,995
-4,094
-16,670
-2,541
-1,673
-417
-10,969
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
285,579
interest
71,361
44,125
2,825
949
5,949
5,400
3,170
1,418
2,676
2,673
4,813
4,569
3,031
2,156
4,695
cash flow from financing
71,361
44,125
2,825
949
5,949
5,400
3,170
1,418
2,676
2,673
4,813
4,569
3,032
2,156
290,274
cash and cash equivalents
cash
31,526
165,537
96,127
266,274
44,694
101,756
70,071
63,542
669
330
104,495
-61,100
56,872
44,983
389,236
overdraft
change in cash
31,526
165,537
96,127
266,274
44,694
101,756
70,071
63,542
669
330
104,495
-61,100
56,872
44,983
389,236
association of foreign banks Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for association of foreign banks. Get real-time insights into association of foreign banks's credit score, group structure and payment trends.
Perform a competitor analysis for association of foreign banks by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC2N area or any other competitors across 12 key performance metrics.
association of foreign banks Ownership
ASSOCIATION OF FOREIGN BANKS group structure
Association Of Foreign Banks has no subsidiary companies.
Ultimate parent company
ASSOCIATION OF FOREIGN BANKS
02658283
ASSOCIATION OF FOREIGN BANKS Shareholders
The sole shareholder of Association Of Foreign Banks is -.
-
-
association of foreign banks directors
Association Of Foreign Banks currently has 15 directors.
The longest serving directors include
Mr William Smith (Jul 2014) and
Mr Stewart Boyd (Jul 2018).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
October 1991
age
34
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
December 2023
previous names
foreign banks and securities houses association (November 2002)
accountant
WATSON ASSOCIATES (AUDIT SERVICES) LTD
auditor
-
address
4th floor 28 austin friars, london, EC2N 2QQ
Bank
-
Legal Advisor
-
association of foreign banks 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 association of foreign banks.
association of foreign banks 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 ASSOCIATION OF FOREIGN BANKS. This can take several minutes, an email will notify you when this has completed.
association of foreign banksCompanies House Filings - See Documents
