bow finance limited
bow finance limited Company Information
Company Number
02974565
Website
-Registered Address
101 new cavendish street, 1st floor south, london, W1W 6XH
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
aston trustees ltd 99%
denehurst ltd 1%
bow finance limited Estimated Valuation
Pomanda estimates the enterprise value of BOW FINANCE LIMITED at £979.5k based on a Turnover of £810.1k and 1.21x industry multiple (adjusted for size and gross margin).
bow finance limited Estimated Valuation
Pomanda estimates the enterprise value of BOW FINANCE LIMITED at £1.5m based on an EBITDA of £310.2k and a 4.7x industry multiple (adjusted for size and gross margin).
bow finance limited Estimated Valuation
Pomanda estimates the enterprise value of BOW FINANCE LIMITED at £3.3m based on Net Assets of £1.7m and 1.98x industry multiple (adjusted for liquidity).
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Bow Finance Limited Overview
Bow Finance Limited is a live company located in london, W1W 6XH with a Companies House number of 02974565. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in October 1994, it's largest shareholder is aston trustees ltd with a 99% stake. Bow Finance Limited is a mature, small sized company, Pomanda has estimated its turnover at £810.1k with healthy growth in recent years.
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Bow Finance Limited Health Check
Pomanda's financial health check has awarded Bow Finance Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £810.1k, make it smaller than the average company (£6.1m)
- Bow Finance Limited
£6.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.3%)
- Bow Finance Limited
4.3% - Industry AVG
Production
with a gross margin of 62.9%, this company has a comparable cost of product (62.9%)
- Bow Finance Limited
62.9% - Industry AVG
Profitability
an operating margin of 34.8% make it more profitable than the average company (23.9%)
- Bow Finance Limited
23.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (30)
4 - Bow Finance Limited
30 - Industry AVG
Pay Structure
on an average salary of £56.4k, the company has an equivalent pay structure (£56.4k)
- Bow Finance Limited
£56.4k - Industry AVG
Efficiency
resulting in sales per employee of £202.5k, this is equally as efficient (£232.9k)
- Bow Finance Limited
£232.9k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is earlier than average (209 days)
- Bow Finance Limited
209 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Bow Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bow Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 105 weeks, this is more cash available to meet short term requirements (18 weeks)
105 weeks - Bow Finance Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a lower level of debt than the average (88.3%)
67.4% - Bow Finance Limited
88.3% - Industry AVG
BOW FINANCE LIMITED financials
Bow Finance Limited's latest turnover from March 2023 is estimated at £810.1 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Bow Finance Limited has 4 employees and maintains cash reserves of £113.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 110,760 | 100,324 | 87,059 | 58,322 | 1,688,196 | 1,709,402 | 1,297,880 | 1,311,317 | 1,236,839 | 634,577 | 635,543 | 633,992 | 343,023 | 330,604 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,115,147 | 3,434,186 | 3,049,592 | 2,542,499 | 569,423 | 398,342 | 136,000 | 136,000 | 175,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 |
| Debtors (Due After 1 year) | 400,000 | 0 | 748,245 | 796,245 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,625,907 | 3,534,510 | 3,884,896 | 3,397,066 | 2,257,619 | 2,107,744 | 1,433,880 | 1,447,317 | 1,411,839 | 709,577 | 710,543 | 708,992 | 418,023 | 405,604 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 344,976 | 488,724 | 432,283 | 823,713 | 376,295 | 302,020 | 355,361 | 456,790 | 782,449 | 1,147,717 | 1,351,585 | 1,751,179 | 1,790,463 | 1,974,042 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 24,210 | 24,859 | 130,635 | 33,772 | 27,210 | 97,732 | 6,354 | 5,003 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 113,737 | 796,834 | 294,608 | 271,667 | 757,109 | 136,375 | 89,774 | 227,271 | 22,946 | 135,794 | 25,181 | 470 | 24,976 | 68,982 |
| misc current assets | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 482,924 | 1,310,417 | 857,526 | 1,129,152 | 1,160,614 | 536,127 | 451,489 | 689,064 | 805,395 | 1,283,511 | 1,376,766 | 1,751,649 | 1,815,439 | 2,043,024 |
| total assets | 5,108,831 | 4,844,927 | 4,742,422 | 4,526,218 | 3,418,233 | 2,643,871 | 1,885,369 | 2,136,381 | 2,217,234 | 1,993,088 | 2,087,309 | 2,460,641 | 2,233,462 | 2,448,628 |
| Bank overdraft | 2,055 | 0 | 1,195 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,012 | 24,840 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 94,957 | 65,654 | 68,103 | 92,804 | 90,755 | 154,348 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 53,891 | 58,955 | 21,012 | 26,438 | 16,324 | 46,679 | 56,870 | 40,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 55,946 | 58,955 | 22,207 | 26,451 | 16,324 | 46,679 | 56,870 | 40,377 | 94,957 | 85,666 | 92,943 | 92,804 | 90,755 | 154,348 |
| loans | 1,273,484 | 1,282,773 | 1,401,174 | 1,411,846 | 221,371 | 230,399 | 239,650 | 1,527,524 | 0 | 648,633 | 734,742 | 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 | 1,981,156 | 1,959,156 | 1,971,656 | 1,977,146 | 1,977,146 | 1,238,750 | 963,752 | 0 | 1,661,853 | 1,079,768 | 1,078,418 | 1,850,957 | 1,654,956 | 1,671,358 |
| provisions | 133,411 | 81,779 | 81,779 | 81,779 | 81,779 | 81,779 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,388,051 | 3,323,708 | 3,454,609 | 3,470,771 | 2,280,296 | 1,550,928 | 1,203,402 | 1,527,524 | 1,661,853 | 1,728,401 | 1,813,160 | 1,850,957 | 1,654,956 | 1,671,358 |
| total liabilities | 3,443,997 | 3,382,663 | 3,476,816 | 3,497,222 | 2,296,620 | 1,597,607 | 1,260,272 | 1,567,901 | 1,756,810 | 1,814,067 | 1,906,103 | 1,943,761 | 1,745,711 | 1,825,706 |
| net assets | 1,664,834 | 1,462,264 | 1,265,606 | 1,028,996 | 1,121,613 | 1,046,264 | 625,097 | 568,480 | 460,424 | 179,021 | 181,206 | 516,880 | 487,751 | 622,922 |
| total shareholders funds | 1,664,834 | 1,462,264 | 1,265,606 | 1,028,996 | 1,121,613 | 1,046,264 | 625,097 | 568,480 | 460,424 | 179,021 | 181,206 | 516,880 | 487,751 | 622,922 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 27,849 | 25,025 | 19,030 | 16,853 | 12,581 | 18,893 | 16,719 | 16,856 | 4,316 | 5,393 | 5,633 | 5,546 | 5,472 | 2,367 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 255,603 | -797,580 | -342,567 | 1,250,225 | 3,753 | 38,037 | -100,078 | -320,656 | -365,268 | -203,868 | -399,594 | -39,284 | -183,579 | 1,974,042 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -94,957 | 29,303 | -2,449 | -24,701 | 2,049 | -63,593 | 154,348 |
| Accruals and Deferred Income | -5,064 | 37,943 | -5,426 | 10,114 | -30,355 | -10,191 | 16,493 | 40,377 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 51,632 | 0 | 0 | 0 | 0 | 81,779 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 680,961 | 384,594 | 507,093 | 1,973,076 | 171,081 | 262,342 | 0 | -39,000 | 100,000 | 0 | 0 | 0 | 0 | 75,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,012 | -4,828 | 24,840 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| Long term loans | -9,289 | -118,401 | -10,672 | 1,190,475 | -9,028 | -9,251 | -1,287,874 | 1,527,524 | -648,633 | -86,109 | 734,742 | 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 | 22,000 | -12,500 | -5,490 | 0 | 738,396 | 274,998 | 963,752 | -1,661,853 | 582,085 | 1,350 | -772,539 | 196,001 | -16,402 | 1,671,358 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -683,097 | 502,226 | 22,941 | -485,442 | 620,734 | 46,601 | -137,497 | 204,325 | -112,848 | 110,613 | 24,711 | -24,506 | -44,006 | 68,982 |
| overdraft | 2,055 | -1,195 | 1,182 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -685,152 | 503,421 | 21,759 | -485,455 | 620,734 | 46,601 | -137,497 | 204,325 | -112,848 | 110,613 | 24,711 | -24,506 | -44,006 | 68,982 |
bow finance limited Credit Report and Business Information
Bow Finance Limited Competitor Analysis
Perform a competitor analysis for bow finance limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
bow finance limited Ownership
BOW FINANCE LIMITED group structure
Bow Finance Limited has no subsidiary companies.
Ultimate parent company
BOW FINANCE LIMITED
02974565
bow finance limited directors
Bow Finance Limited currently has 4 directors. The longest serving directors include Ms Lesley Welck (Nov 1994) and Mr Barry Welck (Nov 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Lesley Welck | United Kingdom | 73 years | Nov 1994 | - | Director |
| Mr Barry Welck | 75 years | Nov 1994 | - | Director | |
| Mr Daniel Welck | United Kingdom | 44 years | Nov 2019 | - | Director |
| Mr Matthew Welck | United Kingdom | 45 years | Apr 2022 | - | Director |
P&L
March 2023turnover
810.1k
+20%
operating profit
282.3k
0%
gross margin
62.9%
-6.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.14%
total assets
5.1m
+0.05%
cash
113.7k
-0.86%
net assets
Total assets minus all liabilities
Similar Companies
bow finance limited company details
company number
02974565
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
October 1994
age
30
accounts
Total Exemption Full
ultimate parent company
previous names
mykos limited (November 1994)
incorporated
UK
address
101 new cavendish street, 1st floor south, london, W1W 6XH
last accounts submitted
March 2023
bow 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 3 charges/mortgages relating to bow finance limited. Currently there are 2 open charges and 1 have been satisfied in the past.
bow finance limited Companies House Filings - See Documents
| date | description | view/download |
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