independent financial solutions (mortgages) limited
independent financial solutions (mortgages) limited Company Information
Group Structure
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Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
65 woodstock road, london, NW11 8QH
Website
http://indexpartners.co.ukindependent financial solutions (mortgages) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED at £257.9k based on a Turnover of £328.1k and 0.79x industry multiple (adjusted for size and gross margin).
independent financial solutions (mortgages) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED at £15.6k based on an EBITDA of £5.8k and a 2.71x industry multiple (adjusted for size and gross margin).
independent financial solutions (mortgages) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED at £148.3k based on Net Assets of £113.6k and 1.31x industry multiple (adjusted for liquidity).
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Independent Financial Solutions (mortgages) Limited Overview
Independent Financial Solutions (mortgages) Limited is a live company located in london, NW11 8QH with a Companies House number of 04925414. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2003, it's largest shareholder is stephen colman with a 100% stake. Independent Financial Solutions (mortgages) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £328.1k with high growth in recent years.
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Independent Financial Solutions (mortgages) Limited Health Check
Pomanda's financial health check has awarded Independent Financial Solutions (Mortgages) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £328.1k, make it smaller than the average company (£5.3m)
- Independent Financial Solutions (mortgages) Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.7%)
- Independent Financial Solutions (mortgages) Limited
6.7% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (55.4%)
- Independent Financial Solutions (mortgages) Limited
55.4% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (9.1%)
- Independent Financial Solutions (mortgages) Limited
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Independent Financial Solutions (mortgages) Limited
12 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has an equivalent pay structure (£79.6k)
- Independent Financial Solutions (mortgages) Limited
£79.6k - Industry AVG
Efficiency
resulting in sales per employee of £328.1k, this is more efficient (£217.2k)
- Independent Financial Solutions (mortgages) Limited
£217.2k - Industry AVG
Debtor Days
it gets paid by customers after 195 days, this is later than average (32 days)
- Independent Financial Solutions (mortgages) Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (41 days)
- Independent Financial Solutions (mortgages) Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Independent Financial Solutions (mortgages) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Independent Financial Solutions (mortgages) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (69.2%)
35.3% - Independent Financial Solutions (mortgages) Limited
69.2% - Industry AVG
INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED financials
Independent Financial Solutions (Mortgages) Limited's latest turnover from March 2024 is estimated at £328.1 thousand and the company has net assets of £113.6 thousand. According to their latest financial statements, Independent Financial Solutions (Mortgages) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 1 | 1 | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 266 | 532 | 798 | 1,064 | 908 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 266 | 532 | 798 | 1,064 | 908 | ||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 175,604 | 176,622 | 100,140 | 94,667 | 55,254 | 35,947 | 6,246 | 14,781 | 1 | 1,667 | 3,209 | 8,956 | 9,020 | 15,188 | 16,006 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 13,549 | 5,494 | 6,301 | 4,242 | 7,816 | 6,476 | 5,950 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 175,604 | 176,622 | 100,140 | 94,667 | 55,254 | 35,947 | 6,246 | 14,781 | 13,550 | 7,161 | 9,510 | 13,198 | 16,836 | 21,664 | 21,956 |
| total assets | 175,604 | 176,622 | 100,140 | 94,667 | 55,254 | 35,947 | 6,246 | 14,781 | 13,550 | 7,161 | 9,776 | 13,730 | 17,634 | 22,728 | 22,864 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 50,230 | 46,285 | 23,093 | 12,316 | 34,427 | 10,372 | 4,719 | 14,604 | 13,374 | 6,985 | 9,600 | 1,200 | 5,412 | 10,807 | 10,059 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 50,230 | 46,285 | 23,093 | 12,316 | 34,427 | 10,372 | 4,719 | 14,604 | 13,374 | 6,985 | 9,600 | 1,200 | 5,412 | 10,807 | 10,059 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,750 | 1,700 | 1,700 | 1,700 | 1,350 | 1,350 | 1,350 | ||||||||
| other liabilities | 10,000 | 19,333 | 26,010 | 39,341 | 1,140 | ||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 11,750 | 21,033 | 27,710 | 41,041 | 1,350 | 1,350 | 1,350 | 1,140 | |||||||
| total liabilities | 61,980 | 67,318 | 50,803 | 53,357 | 35,777 | 11,722 | 6,069 | 14,604 | 13,374 | 6,985 | 9,600 | 1,200 | 5,412 | 10,807 | 11,199 |
| net assets | 113,624 | 109,304 | 49,337 | 41,310 | 19,477 | 24,225 | 177 | 177 | 176 | 176 | 176 | 12,530 | 12,222 | 11,921 | 11,665 |
| total shareholders funds | 113,624 | 109,304 | 49,337 | 41,310 | 19,477 | 24,225 | 177 | 177 | 176 | 176 | 176 | 12,530 | 12,222 | 11,921 | 11,665 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 266 | 266 | 266 | 266 | 355 | 303 | |||||||||
| Amortisation | 2,500 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -1,018 | 76,482 | 5,473 | 39,413 | 19,307 | 29,701 | -8,535 | 14,780 | -1,666 | -1,542 | -5,747 | -64 | -6,168 | -818 | 16,006 |
| Creditors | 3,945 | 23,192 | 10,777 | -22,111 | 24,055 | 5,653 | -9,885 | 1,230 | 6,389 | -2,615 | 8,400 | -4,212 | -5,395 | 748 | 10,059 |
| Accruals and Deferred Income | 50 | 350 | 1,350 | ||||||||||||
| 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 | -9,333 | -6,677 | -13,331 | 39,341 | -1,140 | 1,140 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -13,549 | 8,055 | -807 | 2,059 | -3,574 | 1,340 | 526 | 5,950 | |||||||
| overdraft | |||||||||||||||
| change in cash | -13,549 | 8,055 | -807 | 2,059 | -3,574 | 1,340 | 526 | 5,950 |
independent financial solutions (mortgages) limited Credit Report and Business Information
Independent Financial Solutions (mortgages) Limited Competitor Analysis
Perform a competitor analysis for independent financial solutions (mortgages) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.
independent financial solutions (mortgages) limited Ownership
INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED group structure
Independent Financial Solutions (Mortgages) Limited has no subsidiary companies.
Ultimate parent company
INDEPENDENT FINANCIAL SOLUTIONS (MORTGAGES) LIMITED
04925414
independent financial solutions (mortgages) limited directors
Independent Financial Solutions (Mortgages) Limited currently has 1 director, Mr Stephen Colman serving since Oct 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Colman | 73 years | Oct 2003 | - | Director |
P&L
March 2024turnover
328.1k
+3%
operating profit
5.8k
0%
gross margin
14.2%
-16.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
113.6k
+0.04%
total assets
175.6k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
independent financial solutions (mortgages) limited company details
company number
04925414
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
65 woodstock road, london, NW11 8QH
Bank
-
Legal Advisor
-
independent financial solutions (mortgages) 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 independent financial solutions (mortgages) limited.
independent financial solutions (mortgages) 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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independent financial solutions (mortgages) limited Companies House Filings - See Documents
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