pi financial ltd
pi financial ltd Company Information
Company Number
03556277
Next Accounts
Apr 2025
Shareholders
timothy edward sutcliffe
Group Structure
View All
Industry
Other activities auxiliary to insurance and pension funding
Registered Address
morfe house belle vue road, shrewsbury, SY3 7LU
Website
www.pifinancial.co.ukpi financial ltd Estimated Valuation
Pomanda estimates the enterprise value of PI FINANCIAL LTD at £3.5m based on a Turnover of £3.7m and 0.95x industry multiple (adjusted for size and gross margin).
pi financial ltd Estimated Valuation
Pomanda estimates the enterprise value of PI FINANCIAL LTD at £540.9k based on an EBITDA of £100.2k and a 5.4x industry multiple (adjusted for size and gross margin).
pi financial ltd Estimated Valuation
Pomanda estimates the enterprise value of PI FINANCIAL LTD at £3.7m based on Net Assets of £1.7m and 2.18x industry multiple (adjusted for liquidity).
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Pi Financial Ltd Overview
Pi Financial Ltd is a live company located in shrewsbury, SY3 7LU with a Companies House number of 03556277. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in April 1998, it's largest shareholder is timothy edward sutcliffe with a 100% stake. Pi Financial Ltd is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.
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Pi Financial Ltd Health Check
Pomanda's financial health check has awarded Pi Financial Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £3.7m, make it larger than the average company (£1.5m)
- Pi Financial Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (5.9%)
- Pi Financial Ltd
5.9% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
- Pi Financial Ltd
100% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (10%)
- Pi Financial Ltd
10% - Industry AVG
Employees
with 14 employees, this is above the industry average (9)
14 - Pi Financial Ltd
9 - Industry AVG
Pay Structure
on an average salary of £56k, the company has an equivalent pay structure (£56k)
- Pi Financial Ltd
£56k - Industry AVG
Efficiency
resulting in sales per employee of £264.4k, this is more efficient (£118.6k)
- Pi Financial Ltd
£118.6k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (52 days)
- Pi Financial Ltd
52 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Pi Financial Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pi Financial Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 112 weeks, this is more cash available to meet short term requirements (46 weeks)
112 weeks - Pi Financial Ltd
46 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.3%, this is a lower level of debt than the average (54.8%)
23.3% - Pi Financial Ltd
54.8% - Industry AVG
PI FINANCIAL LTD financials
Pi Financial Ltd's latest turnover from July 2023 is estimated at £3.7 million and the company has net assets of £1.7 million. According to their latest financial statements, Pi Financial Ltd has 14 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 14 | 17 | 17 | 17 | 17 | 18 | 17 | 17 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,160 | 31,714 | 42,287 | 54,584 | 69,866 | 50,678 | 35,683 | 35,168 | 46,891 | 23,225 | 30,966 | 41,289 | 49,082 | 59,678 | 41,605 |
| Intangible Assets | 29,712 | 87,711 | 56,568 | ||||||||||||
| Investments & Other | 1,973 | 551 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 26,160 | 31,714 | 71,999 | 142,295 | 126,434 | 50,678 | 35,683 | 37,141 | 47,442 | 23,225 | 30,966 | 41,289 | 49,082 | 59,678 | 41,605 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 909,167 | 646,951 | 366,354 | 300,590 | 453,647 | 509,848 | 516,304 | 357,617 | 494,263 | 448,883 | 444,882 | 177,390 | 224,508 | 180,960 | 222,041 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 167,787 | 213,432 | 215,569 | 252,159 | 176,282 | 72,811 | 60,722 | ||||||||
| Cash | 1,125,013 | 1,345,711 | 1,552,831 | 1,236,467 | 941,832 | 744,238 | 960,835 | 626,824 | 558,208 | 453,527 | 363,612 | 293,969 | 214,441 | 383,359 | 408,884 |
| misc current assets | |||||||||||||||
| total current assets | 2,201,967 | 2,206,094 | 2,134,754 | 1,789,216 | 1,571,761 | 1,326,897 | 1,477,139 | 1,045,163 | 1,052,471 | 902,410 | 808,494 | 471,359 | 438,949 | 564,319 | 630,925 |
| total assets | 2,228,127 | 2,237,808 | 2,206,753 | 1,931,511 | 1,698,195 | 1,377,575 | 1,512,822 | 1,082,304 | 1,099,913 | 925,635 | 839,460 | 512,648 | 488,031 | 623,997 | 672,530 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 219,064 | 191,157 | 298,361 | 378,416 | 355,204 | 22,647 | 298,277 | 157,730 | 262,733 | 226,900 | 181,690 | 52,805 | 69,725 | 184,151 | 170,335 |
| Group/Directors Accounts | 18,221 | 221 | 20,286 | 25,740 | 8,680 | 10,120 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 299,331 | 432,559 | 407,840 | 79,150 | 98,197 | 152,445 | 87,822 | ||||||||
| total current liabilities | 518,395 | 641,937 | 706,422 | 477,852 | 355,204 | 146,584 | 459,402 | 255,672 | 262,733 | 226,900 | 181,690 | 52,805 | 69,725 | 184,151 | 170,335 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 10,500 | 200,000 | 96,667 | 136,667 | |||||||||||
| provisions | 1,086 | 5,772 | 18,208 | 14,166 | 3,238 | 556 | 1,050 | 1,823 | 3,973 | ||||||
| total long term liabilities | 1,086 | 5,772 | 18,208 | 14,166 | 3,238 | 10,500 | 200,000 | 96,667 | 136,667 | 556 | 1,050 | 1,823 | 3,973 | ||
| total liabilities | 518,395 | 643,023 | 712,194 | 496,060 | 369,370 | 149,822 | 459,402 | 266,172 | 462,733 | 323,567 | 318,357 | 53,361 | 70,775 | 185,974 | 174,308 |
| net assets | 1,709,732 | 1,594,785 | 1,494,559 | 1,435,451 | 1,328,825 | 1,227,753 | 1,053,420 | 816,132 | 637,180 | 602,068 | 521,103 | 459,287 | 417,256 | 438,023 | 498,222 |
| total shareholders funds | 1,709,732 | 1,594,785 | 1,494,559 | 1,435,451 | 1,328,825 | 1,227,753 | 1,053,420 | 816,132 | 637,180 | 602,068 | 521,103 | 459,287 | 417,256 | 438,023 | 498,222 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 8,722 | 10,573 | 14,097 | 18,196 | 23,289 | 16,893 | 11,895 | 11,723 | 15,632 | 7,741 | 10,323 | 13,763 | 16,361 | 19,892 | 13,868 |
| Amortisation | 29,712 | 57,999 | 57,999 | 28,285 | |||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 216,571 | 278,460 | 29,174 | -77,180 | 47,270 | 66,355 | 97,965 | -75,924 | 45,380 | 4,001 | 267,492 | -47,118 | 43,548 | -41,081 | 222,041 |
| Creditors | 27,907 | -107,204 | -80,055 | 23,212 | 332,557 | -275,630 | 140,547 | -105,003 | 35,833 | 45,210 | 128,885 | -16,920 | -114,426 | 13,816 | 170,335 |
| Accruals and Deferred Income | -133,228 | 24,719 | 328,690 | 79,150 | -98,197 | -54,248 | 64,623 | 87,822 | |||||||
| Deferred Taxes & Provisions | -1,086 | -4,686 | -12,436 | 4,042 | 10,928 | 3,238 | -556 | -494 | -773 | -2,150 | 3,973 | ||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,973 | 1,422 | 551 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -18,221 | 18,000 | -20,065 | 20,286 | -25,740 | 17,060 | -1,440 | 10,120 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -10,500 | -189,500 | 103,333 | -40,000 | 136,667 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -220,698 | -207,120 | 316,364 | 294,635 | 197,594 | -216,597 | 334,011 | 68,616 | 104,681 | 89,915 | 69,643 | 79,528 | -168,918 | -25,525 | 408,884 |
| overdraft | |||||||||||||||
| change in cash | -220,698 | -207,120 | 316,364 | 294,635 | 197,594 | -216,597 | 334,011 | 68,616 | 104,681 | 89,915 | 69,643 | 79,528 | -168,918 | -25,525 | 408,884 |
pi financial ltd Credit Report and Business Information
Pi Financial Ltd Competitor Analysis
Perform a competitor analysis for pi financial ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SY3 area or any other competitors across 12 key performance metrics.
pi financial ltd Ownership
PI FINANCIAL LTD group structure
Pi Financial Ltd has no subsidiary companies.
Ultimate parent company
PI FINANCIAL LTD
03556277
pi financial ltd directors
Pi Financial Ltd currently has 4 directors. The longest serving directors include Mr Timothy Sutcliffe (May 1998) and Mr Keith Hansell (Oct 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Sutcliffe | England | 70 years | May 1998 | - | Director |
| Mr Keith Hansell | 55 years | Oct 2011 | - | Director | |
| Mrs Toni Sheen | 41 years | Jan 2023 | - | Director | |
| Mr Ben Wright | United Kingdom | 43 years | Oct 2023 | - | Director |
P&L
July 2023turnover
3.7m
+25%
operating profit
91.5k
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
+0.07%
total assets
2.2m
0%
cash
1.1m
-0.16%
net assets
Total assets minus all liabilities
pi financial ltd company details
company number
03556277
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
April 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
dixon sutcliffe & co. ltd (June 2004)
accountant
-
auditor
-
address
morfe house belle vue road, shrewsbury, SY3 7LU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
pi financial ltd 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 pi financial ltd.
pi financial ltd 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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pi financial ltd Companies House Filings - See Documents
| date | description | view/download |
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