Pomanda estimates the enterprise value of IDEAL FINANCE LIMITED at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).
ideal finance limitedEstimated Valuation
£3.8m
Pomanda estimates the enterprise value of IDEAL FINANCE LIMITED at £3.8m based on an EBITDA of £924.2k and a 4.14x industry multiple (adjusted for size and gross margin).
ideal finance limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of IDEAL FINANCE LIMITED at £0 based on Net Assets of £-11.4k and 2.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ideal Finance LimitedOverview
Ideal Finance Limited is a dissolved company that was located in manchester, M17 1FQ with a Companies House number of 04280979. It operated in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in September 2001, it's largest shareholder was
tmg holdings 2 limited
with a 100% stake. The last turnover for Ideal Finance Limited was estimated at £0.
There is insufficient data available to calculate a health check for Ideal Finance Limited. Company Health Check FAQs
Health Rating0out of 5
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (7.3%)
- - Ideal Finance Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- - Ideal Finance Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ideal Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (6 weeks)
- - Ideal Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1289.4%, this is a higher level of debt than the average (100%)
- - Ideal Finance Limited
- - Industry AVG
IDEAL FINANCE LIMITED financials
EXPORT
Ideal Finance Limited's latest turnover from January 2022 is 0 and the company has net assets of -£11.4 thousand. According to their latest financial statements, we estimate that Ideal Finance Limited has 1 employee and maintains cash reserves of £960 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
69,899
1,311,608
2,248,275
2,414,188
2,512,951
2,556,314
3,308,171
2,336,306
Other Income Or Grants
Cost Of Sales
58,099
664,641
436,870
496,030
155,514
1,042,254
1,945,823
1,900,580
Gross Profit
11,800
646,967
1,811,405
1,918,158
2,357,437
1,514,060
1,362,348
435,726
Admin Expenses
-924,181
139,034
2,305,199
1,956,647
1,817,908
2,180,980
1,275,270
1,342,113
339,073
2,970
Operating Profit
924,181
-127,234
-1,658,232
-145,242
100,250
176,457
238,790
20,235
96,653
-2,970
Interest Payable
12
131
Interest Receivable
59
Pre-Tax Profit
924,181
-127,234
-1,658,232
-145,242
100,250
176,516
238,790
20,223
96,522
-2,970
Tax
-12,378
19,860
317,136
25,795
-13,457
-31,486
-32,548
664
-22,357
713
Profit After Tax
911,803
-107,374
-1,341,096
-119,447
86,793
145,030
206,242
20,887
74,165
-2,257
Dividends Paid
Retained Profit
911,803
-107,374
-1,341,096
-119,447
86,793
145,030
206,242
20,887
74,165
-2,257
Employee Costs
36,617
408,646
648,460
693,575
707,348
366,342
249,855
163,112
Number Of Employees
1
2
13
19
20
23
13
10
7
1
EBITDA*
924,181
-127,234
-1,658,232
-145,242
100,250
176,457
238,790
20,235
96,653
-2,970
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
738,901
Group Debtors
25,480
318,341
713
Misc Debtors
2,965
382,351
83,047
16,067
4,462
14,963
20,527
2,104,160
4,078
Cash
960
16,223
34,591
1,165,063
220,728
343,203
951,796
841,729
659,695
misc current assets
1,173,145
2,378,578
1,907,940
2,303,066
3,159,177
total current assets
960
44,668
735,283
2,421,255
2,615,373
2,255,605
3,269,825
4,021,433
2,763,855
743,692
total assets
960
44,668
735,283
2,421,255
2,615,373
2,255,605
3,269,825
4,021,433
2,763,855
743,692
Bank overdraft
Bank loan
Trade Creditors
692
9,722
13,859
6,662
89,882
2,261
3,236
2,804
Group/Directors Accounts
12,378
963,917
1,529,749
1,787,988
1,724,915
1,093,177
2,694,169
3,655,489
2,518,468
737,350
other short term finances
hp & lease commitments
other current liabilities
3,972
20,689
98,296
231,903
597,863
72,901
157,052
170,242
5,794
total current liabilities
12,378
967,889
1,551,130
1,896,006
1,970,677
1,697,702
2,856,952
3,814,802
2,691,946
745,948
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
12,378
967,889
1,551,130
1,896,006
1,970,677
1,697,702
2,856,952
3,814,802
2,691,946
745,948
net assets
-11,418
-923,221
-815,847
525,249
644,696
557,903
412,873
206,631
71,909
-2,256
total shareholders funds
-11,418
-923,221
-815,847
525,249
644,696
557,903
412,873
206,631
71,909
-2,256
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
924,181
-127,234
-1,658,232
-145,242
100,250
176,457
238,790
20,235
96,653
-2,970
Depreciation
Amortisation
Tax
-12,378
19,860
317,136
25,795
-13,457
-31,486
-32,548
664
-22,357
713
Stock
Debtors
-28,445
-672,247
617,645
66,980
11,605
-10,501
-5,564
-2,083,633
1,360,468
743,692
Creditors
-692
-9,030
-4,137
7,197
-83,220
87,621
-975
432
2,804
Accruals and Deferred Income
-3,972
-16,717
-77,607
-133,607
-365,960
524,962
-84,151
-13,190
164,448
5,794
Deferred Taxes & Provisions
Cash flow from operations
936,276
547,464
-2,045,378
-324,171
-283,575
597,214
215,276
2,090,367
-1,121,292
-737,351
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-951,539
-565,832
-258,239
63,073
631,738
-1,600,992
-961,320
1,137,021
1,781,118
737,350
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
113,835
1
interest
59
-12
-131
cash flow from financing
-951,539
-565,832
-258,239
63,073
631,738
-1,600,933
-961,320
1,250,844
1,780,987
737,351
cash and cash equivalents
cash
-15,263
-18,368
-1,130,472
944,335
-122,475
-608,593
110,067
182,034
659,695
overdraft
change in cash
-15,263
-18,368
-1,130,472
944,335
-122,475
-608,593
110,067
182,034
659,695
ideal finance limited 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 ideal finance limited. Get real-time insights into ideal finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for ideal finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in M17 area or any other competitors across 12 key performance metrics.
ideal finance limited Ownership
IDEAL FINANCE LIMITED group structure
Ideal Finance Limited has no subsidiary companies.
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
ARES MANAGEMENT LLC
accounts
Audit Exemption Subsidiary
last accounts submitted
January 2022
previous names
think phones limited (January 2013)
friendly phones limited (December 2008)
accountant
GRAVITA BUSINESS SERVICES LIMITED
auditor
-
address
think park mosley road, trafford park, manchester, M17 1FQ
Bank
-
Legal Advisor
-
ideal 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 did not find charges/mortgages relating to ideal finance limited.
ideal 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 IDEAL FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
ideal finance limitedCompanies House Filings - See Documents
