partnership invoice finance limited
partnership invoice finance limited Company Information
Company Number
04365011
Next Accounts
Sep 2025
Shareholders
challenge (guernsey) ltd
Group Structure
View All
Industry
Factoring
Registered Address
melbury house, 34 southborough road, bromley, kent, BR1 2EB
Website
www.partnershipfinance.co.ukpartnership invoice finance limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERSHIP INVOICE FINANCE LIMITED at £2m based on a Turnover of £1.2m and 1.58x industry multiple (adjusted for size and gross margin).
partnership invoice finance limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERSHIP INVOICE FINANCE LIMITED at £2.8m based on an EBITDA of £569.8k and a 4.9x industry multiple (adjusted for size and gross margin).
partnership invoice finance limited Estimated Valuation
Pomanda estimates the enterprise value of PARTNERSHIP INVOICE FINANCE LIMITED at £1.5m based on Net Assets of £834.2k and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Partnership Invoice Finance Limited Overview
Partnership Invoice Finance Limited is a live company located in bromley, BR1 2EB with a Companies House number of 04365011. It operates in the factoring sector, SIC Code 64992. Founded in February 2002, it's largest shareholder is challenge (guernsey) ltd with a 100% stake. Partnership Invoice Finance Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Partnership Invoice Finance Limited Health Check
Pomanda's financial health check has awarded Partnership Invoice Finance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£4.8m)
- Partnership Invoice Finance Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (3.8%)
- Partnership Invoice Finance Limited
3.8% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)
- Partnership Invoice Finance Limited
69.4% - Industry AVG
Profitability
an operating margin of 45.8% make it more profitable than the average company (37.6%)
- Partnership Invoice Finance Limited
37.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (38)
6 - Partnership Invoice Finance Limited
38 - Industry AVG
Pay Structure
on an average salary of £65.4k, the company has an equivalent pay structure (£65.4k)
- Partnership Invoice Finance Limited
£65.4k - Industry AVG
Efficiency
resulting in sales per employee of £206.9k, this is less efficient (£273.9k)
- Partnership Invoice Finance Limited
£273.9k - Industry AVG
Debtor Days
it gets paid by customers after 1257 days, this is earlier than average (1602 days)
- Partnership Invoice Finance Limited
1602 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (695 days)
- Partnership Invoice Finance Limited
695 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Partnership Invoice Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is more cash available to meet short term requirements (1 weeks)
1 weeks - Partnership Invoice Finance Limited
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.3%, this is a lower level of debt than the average (90.8%)
81.3% - Partnership Invoice Finance Limited
90.8% - Industry AVG
PARTNERSHIP INVOICE FINANCE LIMITED financials
Partnership Invoice Finance Limited's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of £834.2 thousand. According to their latest financial statements, Partnership Invoice Finance Limited has 6 employees and maintains cash reserves of £138.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 8 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,890 | 3,390 | 3,967 | 4,892 | 4,863 | 5,864 | 5,536 | 7,172 | 1,556 | 2,073 | 2,365 | 2,590 | 2,673 | 1,453 | 1,634 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,890 | 3,390 | 3,967 | 4,892 | 4,863 | 5,864 | 5,536 | 7,172 | 1,556 | 2,073 | 2,365 | 2,590 | 2,673 | 1,453 | 1,634 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,274,353 | 5,413,049 | 3,644,727 | 2,570,402 | 3,191,295 | 2,983,587 | 2,509,641 | 2,769,735 | 2,705,213 | 1,951,381 | 1,634,408 | 1,629,307 | 1,180,670 | 812,063 | 334,385 |
| Group Debtors | 0 | 0 | 10,950 | 5,172 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 |
| Misc Debtors | 53,070 | 86,330 | 114,104 | 111,156 | 108,731 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 138,107 | 194,488 | 49,297 | 105,057 | 38,551 | 83,795 | 110,130 | 133,279 | 87,209 | 40,709 | 339,057 | 66,300 | 46,425 | 34,647 | 28,376 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,465,530 | 5,693,867 | 3,819,078 | 2,791,787 | 3,338,577 | 3,067,382 | 2,619,771 | 2,903,014 | 2,792,422 | 1,992,090 | 1,973,465 | 1,695,607 | 1,227,095 | 846,710 | 612,761 |
| total assets | 4,468,420 | 5,697,257 | 3,823,045 | 2,796,679 | 3,343,440 | 3,073,246 | 2,625,307 | 2,910,186 | 2,793,978 | 1,994,163 | 1,975,830 | 1,698,197 | 1,229,768 | 848,163 | 614,395 |
| Bank overdraft | 3,509,400 | 4,961,610 | 3,212,752 | 2,185,362 | 2,828,314 | 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 | 0 |
| Trade Creditors | 9,633 | 8,994 | 13,435 | 29,917 | 8,104 | 2,621,404 | 2,487,548 | 2,825,011 | 2,368,117 | 1,580,171 | 1,569,201 | 1,287,265 | 870,922 | 484,300 | 119,214 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,500 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 95,836 | 71,817 | 58,713 | 61,030 | 54,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,614,869 | 5,042,421 | 3,284,900 | 2,276,309 | 2,890,716 | 2,621,404 | 2,487,548 | 2,825,011 | 2,368,117 | 1,580,171 | 1,569,201 | 1,287,265 | 870,922 | 484,300 | 181,714 |
| loans | 19,385 | 29,393 | 39,167 | 50,000 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 413,000 | 413,000 | 393,000 | 393,000 | 393,000 | 380,000 | 375,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,385 | 29,393 | 39,167 | 50,000 | 0 | 0 | 0 | 0 | 413,000 | 413,000 | 393,000 | 393,000 | 393,000 | 380,000 | 375,000 |
| total liabilities | 3,634,254 | 5,071,814 | 3,324,067 | 2,326,309 | 2,890,716 | 2,621,404 | 2,487,548 | 2,825,011 | 2,781,117 | 1,993,171 | 1,962,201 | 1,680,265 | 1,263,922 | 864,300 | 556,714 |
| net assets | 834,166 | 625,443 | 498,978 | 470,370 | 452,724 | 451,842 | 137,759 | 85,175 | 12,861 | 992 | 13,629 | 17,932 | -34,154 | -16,137 | 57,681 |
| total shareholders funds | 834,166 | 625,443 | 498,978 | 470,370 | 452,724 | 451,842 | 137,759 | 85,175 | 12,861 | 992 | 13,629 | 17,932 | -34,154 | -16,137 | 57,681 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 951 | 1,001 | 1,258 | 1,353 | 1,612 | 1,567 | 1,816 | 955 | 518 | 591 | 730 | 824 | 411 | 424 | 177 |
| Amortisation | 0 | 0 | 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 | 0 |
| Debtors | -1,171,956 | 1,729,598 | 1,083,051 | -613,296 | 316,439 | 473,946 | -260,094 | 64,522 | 753,832 | 316,973 | 5,101 | 448,637 | 368,607 | 227,678 | 584,385 |
| Creditors | 639 | -4,441 | -16,482 | 21,813 | -2,613,300 | 133,856 | -337,463 | 456,894 | 787,946 | 10,970 | 281,936 | 416,343 | 386,622 | 365,086 | 119,214 |
| Accruals and Deferred Income | 24,019 | 13,104 | -2,317 | 6,732 | 54,298 | 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 | 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 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | -62,500 | 62,500 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,008 | -9,774 | -10,833 | 50,000 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -413,000 | 0 | 20,000 | 0 | 0 | 13,000 | 5,000 | 375,000 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -56,381 | 145,191 | -55,760 | 66,506 | -45,244 | -26,335 | -23,149 | 46,070 | 46,500 | -298,348 | 272,757 | 19,875 | 11,778 | 6,271 | 28,376 |
| overdraft | -1,452,210 | 1,748,858 | 1,027,390 | -642,952 | 2,828,314 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,395,829 | -1,603,667 | -1,083,150 | 709,458 | -2,873,558 | -26,335 | -23,149 | 46,070 | 46,500 | -298,348 | 272,757 | 19,875 | 11,778 | 6,271 | 28,376 |
partnership invoice finance limited Credit Report and Business Information
Partnership Invoice Finance Limited Competitor Analysis
Perform a competitor analysis for partnership invoice finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in BR1 area or any other competitors across 12 key performance metrics.
partnership invoice finance limited Ownership
PARTNERSHIP INVOICE FINANCE LIMITED group structure
Partnership Invoice Finance Limited has 1 subsidiary company.
Ultimate parent company
CHALLENGE (GUERNSEY) LTD
#0058791
1 parent
PARTNERSHIP INVOICE FINANCE LIMITED
04365011
1 subsidiary
partnership invoice finance limited directors
Partnership Invoice Finance Limited currently has 5 directors. The longest serving directors include Mr David Cass (Feb 2002) and Mr Richard Battersby (Feb 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Cass | 86 years | Feb 2002 | - | Director | |
| Mr Richard Battersby | 82 years | Feb 2002 | - | Director | |
| Mr Philip Padgham | 59 years | Jun 2009 | - | Director | |
| Mr James Beck | 74 years | Jun 2009 | - | Director | |
| Mr Christopher Falby | England | 47 years | Dec 2024 | - | Director |
P&L
December 2023turnover
1.2m
+4%
operating profit
568.8k
0%
gross margin
69.5%
+6.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
834.2k
+0.33%
total assets
4.5m
-0.22%
cash
138.1k
-0.29%
net assets
Total assets minus all liabilities
partnership invoice finance limited company details
company number
04365011
Type
Private limited with Share Capital
industry
64992 - Factoring
incorporation date
February 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
partnership finance limited (October 2014)
shelfco (no.2701) limited (March 2002)
accountant
-
auditor
-
address
melbury house, 34 southborough road, bromley, kent, BR1 2EB
Bank
-
Legal Advisor
-
partnership invoice 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 7 charges/mortgages relating to partnership invoice finance limited. Currently there are 3 open charges and 4 have been satisfied in the past.
partnership invoice 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 PARTNERSHIP INVOICE FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
partnership invoice finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
