essex finance limited
essex finance limited Company Information
Company Number
03717991
Next Accounts
Nov 2025
Directors
Shareholders
adam potipher
judith potipher
Group Structure
View All
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Registered Address
finance house 1 marina close, prittlewell, southend on sea, essex, SS2 6RR
Website
http://essexfinance.co.ukessex finance limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FINANCE LIMITED at £692 based on a Turnover of £837 and 0.83x industry multiple (adjusted for size and gross margin).
essex finance limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FINANCE LIMITED at £0 based on an EBITDA of £-324 and a 3.01x industry multiple (adjusted for size and gross margin).
essex finance limited Estimated Valuation
Pomanda estimates the enterprise value of ESSEX FINANCE LIMITED at £145.9k based on Net Assets of £60.5k and 2.41x industry multiple (adjusted for liquidity).
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Essex Finance Limited Overview
Essex Finance Limited is a live company located in southend on sea, SS2 6RR with a Companies House number of 03717991. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in February 1999, it's largest shareholder is adam potipher with a 99% stake. Essex Finance Limited is a mature, micro sized company, Pomanda has estimated its turnover at £837.7 with declining growth in recent years.
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Essex Finance Limited Health Check
Pomanda's financial health check has awarded Essex Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £837.7, make it smaller than the average company (£19.8m)
- Essex Finance Limited
£19.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -83%, show it is growing at a slower rate (20.7%)
- Essex Finance Limited
20.7% - Industry AVG
Production
with a gross margin of 16.2%, this company has a comparable cost of product (16.2%)
- Essex Finance Limited
16.2% - Industry AVG
Profitability
an operating margin of -107.8% make it less profitable than the average company (6.5%)
- Essex Finance Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Essex Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £64.8k, the company has an equivalent pay structure (£64.8k)
- Essex Finance Limited
£64.8k - Industry AVG
Efficiency
resulting in sales per employee of £837.7, this is less efficient (£446.9k)
- Essex Finance Limited
£446.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (53 days)
- Essex Finance Limited
53 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Essex Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Essex Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (5 weeks)
74 weeks - Essex Finance Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (100%)
43.1% - Essex Finance Limited
100% - Industry AVG
ESSEX FINANCE LIMITED financials
Essex Finance Limited's latest turnover from February 2024 is estimated at £838 and the company has net assets of £60.5 thousand. According to their latest financial statements, we estimate that Essex Finance Limited has 1 employee and maintains cash reserves of £53 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,031 | 1,876 | 2,587 | 2,400 | 1,976 | 2,574 | 3,523 | 3,364 | 3,211 | 3,347 | 3,719 | 4,132 | 4,591 | 6,301 | 6,839 |
| Intangible Assets | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | 27,669 | ||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 35,031 | 1,876 | 30,256 | 30,069 | 29,645 | 30,243 | 31,192 | 31,033 | 30,880 | 31,016 | 31,388 | 31,801 | 32,260 | 33,970 | 34,508 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 123 | 2,298 | 12,494 | 2,787 | 3,794 | 3,923 | 11,138 | 7,158 | 17,758 | 9,333 | 7,739 | 2,845 | 1,867 | ||
| Group Debtors | 5,739 | 4,223 | |||||||||||||
| Misc Debtors | 18,071 | 18,223 | 8,071 | 8,063 | 8,063 | 6,712 | 4,883 | ||||||||
| Cash | 52,971 | 94,007 | 23,381 | 10,915 | 7,514 | 2,188 | 15,205 | 8,887 | 15,330 | 7,116 | 3,191 | 1,884 | 1,534 | 3,662 | 205 |
| misc current assets | |||||||||||||||
| total current assets | 71,165 | 114,528 | 43,946 | 21,765 | 19,371 | 12,823 | 32,082 | 20,268 | 37,971 | 16,449 | 10,930 | 4,729 | 1,534 | 3,662 | 2,072 |
| total assets | 106,196 | 116,404 | 74,202 | 51,834 | 49,016 | 43,066 | 63,274 | 51,301 | 68,851 | 47,465 | 42,318 | 36,530 | 33,794 | 37,632 | 36,580 |
| Bank overdraft | 10,224 | 7,000 | 7,000 | 1,309 | 1,066 | 1,411 | 2,800 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 326 | 135 | 21,170 | 23,861 | 49,894 | 41,756 | 31,770 | 33,522 | |||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 26,747 | 33,635 | 30,277 | 9,088 | 17,566 | 11,905 | 13,536 | 9,932 | 22,830 | 55 | 4,846 | ||||
| total current liabilities | 36,971 | 40,635 | 37,603 | 10,397 | 17,566 | 12,971 | 13,536 | 11,343 | 25,765 | 21,170 | 23,861 | 49,894 | 41,811 | 36,616 | 33,522 |
| loans | 8,750 | 15,750 | 22,750 | 35,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,796 | 17,271 | 17,271 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 8,750 | 15,750 | 22,750 | 35,000 | 4,796 | 17,271 | 17,271 | ||||||||
| total liabilities | 45,721 | 56,385 | 60,353 | 45,397 | 17,566 | 12,971 | 13,536 | 11,343 | 30,561 | 38,441 | 41,132 | 49,894 | 41,811 | 36,616 | 33,522 |
| net assets | 60,475 | 60,019 | 13,849 | 6,437 | 31,450 | 30,095 | 49,738 | 39,958 | 38,290 | 9,024 | 1,186 | -13,364 | -8,017 | 1,016 | 3,058 |
| total shareholders funds | 60,475 | 60,019 | 13,849 | 6,437 | 31,450 | 30,095 | 49,738 | 39,958 | 38,290 | 9,024 | 1,186 | -13,364 | -8,017 | 1,016 | 3,058 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 579 | 711 | 544 | 345 | 598 | 949 | 976 | 979 | 735 | 372 | 413 | 459 | 1,710 | 538 | 632 |
| Amortisation | 27,669 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -2,327 | -44 | 9,715 | -1,007 | 1,222 | -6,242 | 5,496 | -11,260 | 13,308 | 1,594 | 4,894 | 2,845 | -1,867 | 1,867 | |
| Creditors | -326 | 326 | -135 | -21,035 | -2,691 | -26,033 | 8,138 | 9,986 | -1,752 | 33,522 | |||||
| Accruals and Deferred Income | -6,888 | 3,358 | 21,189 | -8,478 | 5,661 | -1,631 | 3,604 | -12,898 | 22,830 | -55 | -4,791 | 4,846 | |||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -7,000 | -7,000 | -12,250 | 35,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,796 | -12,475 | 17,271 | ||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -41,036 | 70,626 | 12,466 | 3,401 | 5,326 | -13,017 | 6,318 | -6,443 | 8,214 | 3,925 | 1,307 | 350 | -2,128 | 3,457 | 205 |
| overdraft | 3,224 | 5,691 | 1,309 | -1,066 | 1,066 | -1,411 | -1,389 | 2,800 | |||||||
| change in cash | -44,260 | 70,626 | 6,775 | 2,092 | 6,392 | -14,083 | 7,729 | -5,054 | 5,414 | 3,925 | 1,307 | 350 | -2,128 | 3,457 | 205 |
essex finance limited Credit Report and Business Information
Essex Finance Limited Competitor Analysis
Perform a competitor analysis for essex finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SS2 area or any other competitors across 12 key performance metrics.
essex finance limited Ownership
ESSEX FINANCE LIMITED group structure
Essex Finance Limited has no subsidiary companies.
Ultimate parent company
ESSEX FINANCE LIMITED
03717991
essex finance limited directors
Essex Finance Limited currently has 1 director, Mr Adam Potipher serving since Mar 1999.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Potipher | 68 years | Mar 1999 | - | Director |
P&L
February 2024turnover
837.7
-100%
operating profit
-903.2
0%
gross margin
16.3%
-13.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
60.5k
+0.01%
total assets
106.2k
-0.09%
cash
53k
-0.44%
net assets
Total assets minus all liabilities
essex finance limited company details
company number
03717991
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
February 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
bellhouse finance limited (February 2001)
accountant
-
auditor
-
address
finance house 1 marina close, prittlewell, southend on sea, essex, SS2 6RR
Bank
-
Legal Advisor
-
essex 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 2 charges/mortgages relating to essex finance limited. Currently there are 2 open charges and 0 have been satisfied in the past.
essex 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.
Click to start generating capital raising & share issue transactions for ESSEX FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
essex finance limited Companies House Filings - See Documents
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