prophet trade credit ltd
prophet trade credit ltd Company Information
Company Number
04312403
Next Accounts
155 days late
Shareholders
prophet group ltd
Group Structure
View All
Industry
Non-life insurance
Registered Address
the walbrook building, 25 walbrook, london, EC4N 8AW
Website
www.prophetgroup.comprophet trade credit ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPHET TRADE CREDIT LTD at £0 based on a Turnover of £0 and 0.59x industry multiple (adjusted for size and gross margin).
prophet trade credit ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPHET TRADE CREDIT LTD at £0 based on an EBITDA of £0 and a 6.6x industry multiple (adjusted for size and gross margin).
prophet trade credit ltd Estimated Valuation
Pomanda estimates the enterprise value of PROPHET TRADE CREDIT LTD at £1.7m based on Net Assets of £980.6k and 1.68x industry multiple (adjusted for liquidity).
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Prophet Trade Credit Ltd Overview
Prophet Trade Credit Ltd is a live company located in london, EC4N 8AW with a Companies House number of 04312403. It operates in the non-life insurance sector, SIC Code 65120. Founded in October 2001, it's largest shareholder is prophet group ltd with a 100% stake. Prophet Trade Credit Ltd is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Prophet Trade Credit Ltd Health Check
Pomanda's financial health check has awarded Prophet Trade Credit Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (4.2%)
- Prophet Trade Credit Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Employees
with 3 employees, this is below the industry average (25)
- - Prophet Trade Credit Ltd
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Prophet Trade Credit Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a lower level of debt than the average (82.5%)
- - Prophet Trade Credit Ltd
- - Industry AVG
PROPHET TRADE CREDIT LTD financials
Prophet Trade Credit Ltd's latest turnover from December 2022 is 0 and the company has net assets of £980.6 thousand. According to their latest financial statements, Prophet Trade Credit Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 645,866 | 473,737 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 2,575 | 2,674 | ||||||||||||
| Gross Profit | 643,291 | 471,063 | ||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 481,471 | 269,195 | ||||||||||||
| Tax | -5,945 | -93,126 | -51,175 | |||||||||||
| Profit After Tax | -5,945 | 388,345 | 218,020 | |||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -5,945 | 388,345 | 218,020 | |||||||||||
| Employee Costs | 130,850 | 155,609 | ||||||||||||
| Number Of Employees | 3 | 6 | 4 | 5 | 5 | 4 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,185 | 3,762 | 46,238 | 63,223 | 8,224 | 15,886 | 8,780 | 7,791 | 7,647 | 8,581 | 5,554 | 4,459 | ||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 2,185 | 3,762 | 46,238 | 63,223 | 8,224 | 15,886 | 8,780 | 7,791 | 7,647 | 8,581 | 5,554 | 4,459 | ||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 221,799 | 180,024 | 233,398 | 167,624 | 105,802 | 61,461 | 54,771 | 226,464 | 229,697 | 288,104 | 82,061 | 104,372 | 57,899 | |
| Group Debtors | 1,401,140 | 296,618 | 367,500 | 123,131 | 193,852 | 193,852 | 197,741 | 282,389 | ||||||
| Misc Debtors | 58 | 7,530 | 21,026 | 214,894 | 213,610 | 226,723 | ||||||||
| Cash | 563,368 | 117,870 | 115,896 | 682 | 21,053 | 32,108 | 75,325 | 26,899 | 1,866 | 2,708 | 8,115 | 7,793 | ||
| misc current assets | ||||||||||||||
| total current assets | 1,401,140 | 1,081,785 | 665,452 | 479,955 | 382,502 | 321,378 | 296,124 | 313,602 | 301,789 | 256,596 | 289,970 | 278,621 | 310,228 | 348,081 |
| total assets | 1,401,140 | 1,081,785 | 667,637 | 483,717 | 428,740 | 384,601 | 304,348 | 329,488 | 310,569 | 264,387 | 297,617 | 287,202 | 315,782 | 352,540 |
| Bank overdraft | 35,575 | |||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,011 | 7,649 | 18,715 | 38,127 | 38,003 | 40,083 | 185,822 | 186,997 | 233,051 | 226,286 | 237,108 | 287,406 | ||
| Group/Directors Accounts | 414,236 | 93,126 | 15,319 | 24,480 | 16,059 | |||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 6,329 | 2,139 | 68,036 | 95,198 | 73,834 | 115,691 | 109,338 | 142,353 | ||||||
| total current liabilities | 420,565 | 95,265 | 69,047 | 102,847 | 128,124 | 153,818 | 147,341 | 182,436 | 185,822 | 186,997 | 233,051 | 241,605 | 261,588 | 303,465 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 28,756 | 36,667 | ||||||||||||
| provisions | 415 | 715 | 8,785 | 12,012 | 1,645 | 3,177 | 1,756 | 1,360 | 1,287 | 1,436 | 776 | 235 | ||
| total long term liabilities | 415 | 715 | 37,541 | 48,679 | 1,645 | 3,177 | 1,756 | 1,360 | 1,287 | 1,436 | 776 | 235 | ||
| total liabilities | 420,565 | 95,265 | 69,462 | 103,562 | 165,665 | 202,497 | 148,986 | 185,613 | 187,578 | 188,357 | 234,338 | 243,041 | 262,364 | 303,700 |
| net assets | 980,575 | 986,520 | 598,175 | 380,155 | 263,075 | 182,104 | 155,362 | 143,875 | 122,991 | 76,030 | 63,279 | 44,161 | 53,418 | 48,840 |
| total shareholders funds | 980,575 | 986,520 | 598,175 | 380,155 | 263,075 | 182,104 | 155,362 | 143,875 | 122,991 | 76,030 | 63,279 | 44,161 | 53,418 | 48,840 |
| Dec 2022 | Dec 2021 | Dec 2020 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 917 | 1,927 | 11,475 | 20,622 | 22,786 | 15,185 | 10,108 | 3,534 | 3,450 | 2,898 | 3,300 | 2,382 | 3,598 | |
| Amortisation | ||||||||||||||
| Tax | -5,945 | -93,126 | -51,175 | |||||||||||
| Stock | ||||||||||||||
| Debtors | 882,723 | -29,165 | 165,080 | -18,443 | 61,806 | 45,625 | -6,423 | 281,494 | -3,233 | -58,407 | 12,191 | -26,200 | -38,175 | 340,288 |
| Creditors | -1,011 | -17,704 | -11,066 | -19,412 | 124 | -2,080 | 40,083 | -1,175 | -46,054 | 6,765 | -10,822 | -50,298 | 287,406 | |
| Accruals and Deferred Income | 4,190 | -65,897 | -5,798 | 21,364 | -41,857 | 6,353 | -33,015 | 142,353 | ||||||
| Deferred Taxes & Provisions | -415 | -8,370 | -8,070 | -3,227 | 10,367 | -1,532 | 3,177 | 396 | 73 | -149 | 660 | 541 | 235 | |
| Cash flow from operations | -884,478 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 321,110 | 93,126 | -15,319 | -9,161 | 8,421 | 16,059 | ||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -28,756 | -28,756 | -7,911 | 36,667 | ||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | 321,110 | 93,126 | 88,324 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -563,368 | 445,498 | 117,870 | 115,896 | -682 | -20,371 | -11,055 | 32,108 | 48,426 | 25,033 | -842 | -5,407 | 322 | 7,793 |
| overdraft | -35,575 | -35,575 | 35,575 | |||||||||||
| change in cash | -563,368 | 445,498 | 153,445 | 151,471 | -36,257 | -20,371 | -11,055 | 32,108 | 48,426 | 25,033 | -842 | -5,407 | 322 | 7,793 |
prophet trade credit ltd Credit Report and Business Information
Prophet Trade Credit Ltd Competitor Analysis
Perform a competitor analysis for prophet trade credit ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in EC4N area or any other competitors across 12 key performance metrics.
prophet trade credit ltd Ownership
PROPHET TRADE CREDIT LTD group structure
Prophet Trade Credit Ltd has no subsidiary companies.
Ultimate parent company
ARTHUR J GALLAGHER & CO
#0013330
2 parents
PROPHET TRADE CREDIT LTD
04312403
prophet trade credit ltd directors
Prophet Trade Credit Ltd currently has 5 directors. The longest serving directors include Mr Paul Moors (Jan 2020) and Mr James Whittingham (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Moors | England | 62 years | Jan 2020 | - | Director |
| Mr James Whittingham | United Kingdom | 47 years | May 2021 | - | Director |
| Mr David Cousins | United Kingdom | 52 years | Jun 2021 | - | Director |
| Mr David Cousins | United Kingdom | 52 years | Jun 2021 | - | Director |
| Mr Michael Rea | Northern Ireland | 59 years | Oct 2021 | - | Director |
P&L
December 2022turnover
0
-100%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
980.6k
-0.01%
total assets
1.4m
+0.3%
cash
0
-1%
net assets
Total assets minus all liabilities
prophet trade credit ltd company details
company number
04312403
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
October 2001
age
24
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
bib credit solutions ltd (February 2008)
smg credit risks limited (December 2004)
accountant
-
auditor
PARSONS ACCOUNTANTS LTD
address
the walbrook building, 25 walbrook, london, EC4N 8AW
Bank
-
Legal Advisor
-
prophet trade credit 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 4 charges/mortgages relating to prophet trade credit ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
prophet trade credit 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 PROPHET TRADE CREDIT LTD. This can take several minutes, an email will notify you when this has completed.
prophet trade credit ltd Companies House Filings - See Documents
| date | description | view/download |
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