commercial finance direct limited
commercial finance direct limited Company Information
Company Number
04218920
Next Accounts
Feb 2025
Shareholders
christakis joseph
jeffrey wells
Group Structure
View All
Industry
Financial leasing
Registered Address
first floor, 7 viewpoint office village, stevenage, hertfordshire, SG1 2EQ
Website
www.c-f-d.co.ukcommercial finance direct limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL FINANCE DIRECT LIMITED at £202.5k based on a Turnover of £199.5k and 1.02x industry multiple (adjusted for size and gross margin).
commercial finance direct limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL FINANCE DIRECT LIMITED at £22.9k based on an EBITDA of £6k and a 3.83x industry multiple (adjusted for size and gross margin).
commercial finance direct limited Estimated Valuation
Pomanda estimates the enterprise value of COMMERCIAL FINANCE DIRECT LIMITED at £39.5k based on Net Assets of £19.2k and 2.06x industry multiple (adjusted for liquidity).
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Commercial Finance Direct Limited Overview
Commercial Finance Direct Limited is a live company located in stevenage, SG1 2EQ with a Companies House number of 04218920. It operates in the financial leasing sector, SIC Code 64910. Founded in May 2001, it's largest shareholder is christakis joseph with a 50% stake. Commercial Finance Direct Limited is a mature, micro sized company, Pomanda has estimated its turnover at £199.5k with declining growth in recent years.
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Commercial Finance Direct Limited Health Check
Pomanda's financial health check has awarded Commercial Finance Direct Limited a 1.5 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
1 Regular
5 Weak
Size
annual sales of £199.5k, make it smaller than the average company (£3.1m)
- Commercial Finance Direct Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a faster rate (-1.9%)
- Commercial Finance Direct Limited
-1.9% - Industry AVG
Production
with a gross margin of 24.3%, this company has a higher cost of product (56.9%)
- Commercial Finance Direct Limited
56.9% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (34.1%)
- Commercial Finance Direct Limited
34.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Commercial Finance Direct Limited
8 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
- Commercial Finance Direct Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £99.7k, this is less efficient (£490k)
- Commercial Finance Direct Limited
£490k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is earlier than average (54 days)
- Commercial Finance Direct Limited
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Finance Direct Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Commercial Finance Direct Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Commercial Finance Direct Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Commercial Finance Direct Limited
- - Industry AVG
COMMERCIAL FINANCE DIRECT LIMITED financials
Commercial Finance Direct Limited's latest turnover from May 2023 is estimated at £199.5 thousand and the company has net assets of £19.2 thousand. According to their latest financial statements, Commercial Finance Direct Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 282 | 282 | 452 | 565 | 707 | 884 | 884 | 1,105 | 1,381 | 2,199 | 2,199 | 2,749 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 282 | 282 | 452 | 565 | 707 | 884 | 884 | 1,105 | 1,381 | 2,199 | 2,199 | 2,749 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 19,173 | 14,685 | 34,940 | 45,895 | 56,397 | 25,335 | 43,769 | 30,985 | 27,405 | 23,114 | 24,218 | 28,956 | 16,918 | 13,594 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 26,667 | 28,889 | 25,658 | 49,569 | 31,323 | 20,142 | 23,925 | 15,896 | 17,751 | 9,524 | 6,893 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 19,173 | 14,685 | 34,940 | 72,562 | 85,286 | 50,993 | 93,338 | 62,308 | 47,547 | 47,039 | 40,114 | 46,707 | 26,442 | 20,487 |
| total assets | 19,173 | 14,685 | 35,222 | 72,844 | 85,738 | 51,558 | 94,045 | 63,192 | 48,431 | 48,144 | 41,495 | 48,906 | 28,641 | 23,236 |
| Bank overdraft | 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 |
| Trade Creditors | 0 | 0 | 0 | 754 | 986 | 1,028 | 2,186 | 3,214 | 2,567 | 2,969 | 15,030 | 37,105 | 29,253 | 27,817 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 754 | 986 | 1,028 | 2,186 | 3,214 | 2,567 | 2,969 | 15,030 | 37,105 | 29,253 | 27,817 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 17,000 | 0 | 0 | 14,880 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 17,000 | 0 | 0 | 14,880 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 754 | 986 | 1,028 | 19,186 | 3,214 | 2,567 | 17,849 | 15,030 | 37,105 | 29,253 | 27,817 |
| net assets | 19,173 | 14,685 | 35,222 | 72,090 | 84,752 | 50,530 | 74,859 | 59,978 | 45,864 | 30,295 | 26,465 | 11,801 | -612 | -4,581 |
| total shareholders funds | 19,173 | 14,685 | 35,222 | 72,090 | 84,752 | 50,530 | 74,859 | 59,978 | 45,864 | 30,295 | 26,465 | 11,801 | -612 | -4,581 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 170 | 113 | 142 | 177 | 0 | 221 | 276 | 333 | 485 | 550 | 916 | |
| Amortisation | 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 | 4,488 | -20,255 | -10,955 | -10,502 | 31,062 | -18,434 | 12,784 | 3,580 | 4,291 | -1,104 | -4,738 | 12,038 | 3,324 | 13,594 |
| Creditors | 0 | 0 | -754 | -232 | -42 | -1,158 | -1,028 | 647 | -402 | -12,061 | -22,075 | 7,852 | 1,436 | 27,817 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -17,000 | 17,000 | 0 | -14,880 | 14,880 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | -26,667 | -2,222 | 3,231 | -23,911 | 18,246 | 11,181 | -3,783 | 8,029 | -1,855 | 8,227 | 2,631 | 6,893 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -26,667 | -2,222 | 3,231 | -23,911 | 18,246 | 11,181 | -3,783 | 8,029 | -1,855 | 8,227 | 2,631 | 6,893 |
commercial finance direct limited Credit Report and Business Information
Commercial Finance Direct Limited Competitor Analysis
Perform a competitor analysis for commercial finance direct limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SG1 area or any other competitors across 12 key performance metrics.
commercial finance direct limited Ownership
COMMERCIAL FINANCE DIRECT LIMITED group structure
Commercial Finance Direct Limited has no subsidiary companies.
Ultimate parent company
COMMERCIAL FINANCE DIRECT LIMITED
04218920
commercial finance direct limited directors
Commercial Finance Direct Limited currently has 2 directors. The longest serving directors include Mr Jeffrey Wells (May 2001) and Mr Chris Joseph (May 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Wells | United Kingdom | 57 years | May 2001 | - | Director |
| Mr Chris Joseph | United Kingdom | 55 years | May 2001 | - | Director |
P&L
May 2023turnover
199.5k
-11%
operating profit
6k
0%
gross margin
24.3%
-3.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
19.2k
+0.31%
total assets
19.2k
+0.31%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
commercial finance direct limited company details
company number
04218920
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
May 2001
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
first floor, 7 viewpoint office village, stevenage, hertfordshire, SG1 2EQ
Bank
-
Legal Advisor
-
commercial finance direct 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 did not find charges/mortgages relating to commercial finance direct limited.
commercial finance direct 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.
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commercial finance direct limited Companies House Filings - See Documents
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