the annuity exchange ltd
the annuity exchange ltd Company Information
Company Number
04285643
Next Accounts
19 days late
Directors
Shareholders
stuart philip bayliss & carolyn bayliss
philip dawson
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
spring farm 4 spring close, great horwood, milton keynes, MK17 0QU
the annuity exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ANNUITY EXCHANGE LTD at £14.8k based on a Turnover of £20.8k and 0.71x industry multiple (adjusted for size and gross margin).
the annuity exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ANNUITY EXCHANGE LTD at £0 based on an EBITDA of £-24k and a 4.85x industry multiple (adjusted for size and gross margin).
the annuity exchange ltd Estimated Valuation
Pomanda estimates the enterprise value of THE ANNUITY EXCHANGE LTD at £0 based on Net Assets of £-273k and 2.25x industry multiple (adjusted for liquidity).
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The Annuity Exchange Ltd Overview
The Annuity Exchange Ltd is a live company located in milton keynes, MK17 0QU with a Companies House number of 04285643. It operates in the other information technology service activities sector, SIC Code 62090. Founded in September 2001, it's largest shareholder is stuart philip bayliss & carolyn bayliss with a 84% stake. The Annuity Exchange Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £20.8k with declining growth in recent years.
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The Annuity Exchange Ltd Health Check
Pomanda's financial health check has awarded The Annuity Exchange Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £20.8k, make it smaller than the average company (£6.7m)
- The Annuity Exchange Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (6.7%)
- The Annuity Exchange Ltd
6.7% - Industry AVG
Production
with a gross margin of 50.7%, this company has a comparable cost of product (50.7%)
- The Annuity Exchange Ltd
50.7% - Industry AVG
Profitability
an operating margin of -143.8% make it less profitable than the average company (3.4%)
- The Annuity Exchange Ltd
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- The Annuity Exchange Ltd
42 - Industry AVG
Pay Structure
on an average salary of £71.1k, the company has an equivalent pay structure (£71.1k)
- The Annuity Exchange Ltd
£71.1k - Industry AVG
Efficiency
resulting in sales per employee of £20.8k, this is less efficient (£173.1k)
- The Annuity Exchange Ltd
£173.1k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (54 days)
- The Annuity Exchange Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 378 days, this is slower than average (36 days)
- The Annuity Exchange Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Annuity Exchange Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Annuity Exchange Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4650%, this is a higher level of debt than the average (63.4%)
4650% - The Annuity Exchange Ltd
63.4% - Industry AVG
THE ANNUITY EXCHANGE LTD financials
The Annuity Exchange Ltd's latest turnover from June 2023 is estimated at £20.8 thousand and the company has net assets of -£273 thousand. According to their latest financial statements, we estimate that The Annuity Exchange Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 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 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,500 | 10,400 | 16,300 | 49,780 | 56,300 | 62,400 | 80,590 | 82,690 | 81,505 | 77,955 | 78,755 | 79,555 | 80,505 | 82,370 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 4,500 | 10,400 | 16,300 | 49,780 | 56,300 | 62,400 | 80,590 | 82,690 | 81,505 | 77,955 | 78,755 | 79,555 | 80,505 | 82,370 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 1,500 | 12,450 | 28,876 | 37,820 | 61,432 | 40,724 | 55,700 | 27,500 | 47,800 | 43,627 | 62,669 | 1,208 | ||
| Group Debtors | ||||||||||||||
| Misc Debtors | ||||||||||||||
| Cash | 280 | 38,367 | 3,911 | 13,347 | 7,314 | 4,367 | 8,289 | 2,681 | 2,529 | 3,340 | 35 | 1,059 | ||
| misc current assets | ||||||||||||||
| total current assets | 1,500 | 12,450 | 29,156 | 76,187 | 65,343 | 54,071 | 63,014 | 31,867 | 56,089 | 46,308 | 65,198 | 4,548 | 35 | 1,059 |
| total assets | 6,000 | 22,850 | 45,456 | 125,967 | 121,643 | 116,471 | 143,604 | 114,557 | 137,594 | 124,263 | 143,953 | 84,103 | 80,540 | 83,429 |
| Bank overdraft | 1,270 | 1,994 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 10,644 | 9,870 | 18,587 | 35,675 | 28,590 | 23,259 | 65,752 | 47,361 | 88,850 | 93,495 | 118,378 | 70,499 | 95,192 | 165,292 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | ||||||||||||||
| total current liabilities | 11,914 | 11,864 | 18,587 | 35,675 | 28,590 | 23,259 | 65,752 | 47,361 | 88,850 | 93,495 | 118,378 | 70,499 | 95,192 | 165,292 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 267,084 | 253,870 | 241,219 | 290,000 | 240,000 | 253,820 | 253,820 | 253,820 | 253,820 | 253,820 | 268,298 | 288,535 | 272,365 | 235,780 |
| provisions | ||||||||||||||
| total long term liabilities | 267,084 | 253,870 | 241,219 | 290,000 | 240,000 | 253,820 | 253,820 | 253,820 | 253,820 | 253,820 | 268,298 | 288,535 | 272,365 | 235,780 |
| total liabilities | 278,998 | 265,734 | 259,806 | 325,675 | 268,590 | 277,079 | 319,572 | 301,181 | 342,670 | 347,315 | 386,676 | 359,034 | 367,557 | 401,072 |
| net assets | -272,998 | -242,884 | -214,350 | -199,708 | -146,947 | -160,608 | -175,968 | -186,624 | -205,076 | -223,052 | -242,723 | -274,931 | -287,017 | -317,643 |
| total shareholders funds | -272,998 | -242,884 | -214,350 | -199,708 | -146,947 | -160,608 | -175,968 | -186,624 | -205,076 | -223,052 | -242,723 | -274,931 | -287,017 | -317,643 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 5,900 | 5,900 | 33,480 | 15,213 | 25,832 | 28,500 | 5,600 | 800 | 800 | 950 | 1,865 | 31,856 | ||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -10,950 | -16,426 | -8,944 | -23,612 | 20,708 | -14,976 | 28,200 | -20,300 | 4,173 | -19,042 | 61,461 | 1,208 | ||
| Creditors | 774 | -8,717 | -17,088 | 7,085 | 5,331 | -42,493 | 18,391 | -41,489 | -4,645 | -24,883 | 47,879 | -24,693 | -70,100 | 165,292 |
| Accruals and Deferred Income | ||||||||||||||
| 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 | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | 13,214 | 12,651 | -48,781 | 50,000 | -13,820 | -14,478 | -20,237 | 16,170 | 36,585 | 235,780 | ||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -280 | -38,087 | 34,456 | -9,436 | 6,033 | 2,947 | -3,922 | 5,608 | 152 | -811 | 3,305 | -1,024 | 1,059 | |
| overdraft | -724 | 1,994 | ||||||||||||
| change in cash | 724 | -2,274 | -38,087 | 34,456 | -9,436 | 6,033 | 2,947 | -3,922 | 5,608 | 152 | -811 | 3,305 | -1,024 | 1,059 |
the annuity exchange ltd Credit Report and Business Information
The Annuity Exchange Ltd Competitor Analysis
Perform a competitor analysis for the annuity exchange ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in MK17 area or any other competitors across 12 key performance metrics.
the annuity exchange ltd Ownership
THE ANNUITY EXCHANGE LTD group structure
The Annuity Exchange Ltd has no subsidiary companies.
Ultimate parent company
THE ANNUITY EXCHANGE LTD
04285643
the annuity exchange ltd directors
The Annuity Exchange Ltd currently has 1 director, Mr Stuart Bayliss serving since Sep 2001.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Bayliss | 70 years | Sep 2001 | - | Director |
P&L
June 2023turnover
20.8k
-71%
operating profit
-29.9k
0%
gross margin
50.7%
-3.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-273k
+0.12%
total assets
6k
-0.74%
cash
0
0%
net assets
Total assets minus all liabilities
the annuity exchange ltd company details
company number
04285643
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
September 2001
age
24
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
spring farm 4 spring close, great horwood, milton keynes, MK17 0QU
Bank
-
Legal Advisor
-
the annuity exchange 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 found 1 charges/mortgages relating to the annuity exchange ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
the annuity exchange 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.
Click to start generating capital raising & share issue transactions for THE ANNUITY EXCHANGE LTD. This can take several minutes, an email will notify you when this has completed.
the annuity exchange ltd Companies House Filings - See Documents
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