platinum ifs limited

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platinum ifs limited Company Information

Share PLATINUM IFS LIMITED

Company Number

05099426

Shareholders

jennifer louise hood

martin thomas hood

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

8 eastway, sale, cheshire, M33 4DX

platinum ifs limited Estimated Valuation

£790.7k

Pomanda estimates the enterprise value of PLATINUM IFS LIMITED at £790.7k based on a Turnover of £974.3k and 0.81x industry multiple (adjusted for size and gross margin).

platinum ifs limited Estimated Valuation

£273k

Pomanda estimates the enterprise value of PLATINUM IFS LIMITED at £273k based on an EBITDA of £97.5k and a 2.8x industry multiple (adjusted for size and gross margin).

platinum ifs limited Estimated Valuation

£341.3k

Pomanda estimates the enterprise value of PLATINUM IFS LIMITED at £341.3k based on Net Assets of £254.5k and 1.34x industry multiple (adjusted for liquidity).

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Platinum Ifs Limited Overview

Platinum Ifs Limited is a live company located in cheshire, M33 4DX with a Companies House number of 05099426. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2004, it's largest shareholder is jennifer louise hood with a 50% stake. Platinum Ifs Limited is a mature, small sized company, Pomanda has estimated its turnover at £974.3k with healthy growth in recent years.

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Platinum Ifs Limited Health Check

Pomanda's financial health check has awarded Platinum Ifs 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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £974.3k, make it smaller than the average company (£5.8m)

£974.3k - Platinum Ifs Limited

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.4%)

5% - Platinum Ifs Limited

7.4% - Industry AVG

production

Production

with a gross margin of 12%, this company has a higher cost of product (53.3%)

12% - Platinum Ifs Limited

53.3% - Industry AVG

profitability

Profitability

an operating margin of 6.1% make it less profitable than the average company (9.1%)

6.1% - Platinum Ifs Limited

9.1% - Industry AVG

employees

Employees

with 16 employees, this is above the industry average (12)

16 - Platinum Ifs Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £83.9k, the company has an equivalent pay structure (£83.9k)

£83.9k - Platinum Ifs Limited

£83.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £60.9k, this is less efficient (£230.1k)

£60.9k - Platinum Ifs Limited

£230.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 26 days, this is near the average (32 days)

26 days - Platinum Ifs Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 107 days, this is slower than average (42 days)

107 days - Platinum Ifs Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Platinum Ifs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (29 weeks)

43 weeks - Platinum Ifs Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.1%, this is a lower level of debt than the average (70.4%)

52.1% - Platinum Ifs Limited

70.4% - Industry AVG

PLATINUM IFS LIMITED financials

EXPORTms excel logo

Platinum Ifs Limited's latest turnover from August 2024 is estimated at £974.3 thousand and the company has net assets of £254.5 thousand. According to their latest financial statements, Platinum Ifs Limited has 16 employees and maintains cash reserves of £211.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover974,294901,619905,400847,532817,235757,095696,019994,6161,012,08985,83652,96945,53822,69532,50830,4820
Other Income Or Grants0000000000000000
Cost Of Sales857,892757,523751,376702,230659,203620,930549,733787,441695,25559,68438,37432,09516,24224,12322,9220
Gross Profit116,402144,095154,025145,301158,032136,165146,286207,175316,83426,15214,59413,4436,4548,3857,5610
Admin Expenses57,451141,569309,937-14,198-96,588880,08254,268-229,114157,333-19,217-26,435-46,311-11,827-5,921-25,709-43,367
Operating Profit58,9512,526-155,912159,499254,620-743,91792,018436,289159,50145,36941,02959,75418,28114,30633,27043,367
Interest Payable0000000000000000
Interest Receivable6,9875,8004,2102481492,5543,62883248768861442729531326495
Pre-Tax Profit65,9398,327-151,702159,747254,769-741,36395,646437,121159,98846,05841,64360,18218,57614,61933,53343,463
Tax-16,485-2,0820-30,352-48,4060-18,173-83,053-31,997-9,211-8,745-13,842-4,458-3,801-9,389-12,169
Profit After Tax49,4546,245-151,702129,395206,363-741,36377,473354,068127,99036,84632,89846,34014,11810,81824,14431,293
Dividends Paid0000000000000000
Retained Profit49,4546,245-151,702129,395206,363-741,36377,473354,068127,99036,84632,89846,34014,11810,81824,14431,293
Employee Costs1,342,1821,216,6851,180,3881,106,6421,032,980968,497929,980703,218680,99458,56258,66458,54556,09956,41955,3260
Number Of Employees1616161615141411111111110
EBITDA*97,50633,199-131,842200,703279,805-717,753118,101455,425179,89167,20552,17570,26829,57729,13443,06358,103

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets117,213128,64478,926109,06473,02991,07168,68954,78850,01654,49321,75420,35423,45632,46620,47527,021
Intangible Assets0000000000000000
Investments & Other130,996113,532111,162121,402101,331249,333345,928329,424105,77245,82544,24721,33920,978000
Debtors (Due After 1 year)0000000000000000
Total Fixed Assets248,209242,176190,088230,466174,360340,404414,617384,212155,788100,31866,00141,69344,43432,46620,47527,021
Stock & work in progress0000000000000000
Trade Debtors70,90979,40197,511101,27996,30668,12631,3970031,56316,14814,9725,99710,5398,4809,618
Group Debtors0000000000000000
Misc Debtors000000028,36632,8550000000
Cash211,66967,820153,140328,034167,530129,798551,163416,281249,315140,113135,110110,56160,43257,71767,39438,088
misc current assets0000000000000000
total current assets282,578147,221250,651429,313263,836197,924582,560444,647282,170171,676151,258125,53366,42968,25675,87447,706
total assets530,787389,397440,739659,779438,196538,328997,177828,859437,958271,994217,259167,226110,863100,72296,34974,727
Bank overdraft0000000000000000
Bank loan0000000000000000
Trade Creditors 252,786158,950226,026213,987157,672508,083225,1140061,79252,00437,06229,31433,63440,36834,801
Group/Directors Accounts00000001,6241,6242,3742,3742,3739873344432
other short term finances0000000000000000
hp & lease commitments000000003,4510000000
other current liabilities0000000142,52094,5170000000
total current liabilities252,786158,950226,026213,987157,672508,083225,114144,14499,59264,16654,37839,43529,41234,36740,81234,833
loans0000000000000000
hp & lease commitments0000000011,1160000000
Accruals and Deferred Income0000000000000000
other liabilities00078,08650,00000000000008,501
provisions23,52125,42115,93217,2239,43615,52015,9756,1002,7036,689000000
total long term liabilities23,52125,42115,93295,30959,43615,52015,9756,10013,8196,689000008,501
total liabilities276,307184,371241,958309,296217,108523,603241,089150,244113,41170,85554,37839,43529,41234,36740,81243,334
net assets254,480205,026198,781350,483221,08814,725756,088678,615324,547201,139162,881127,79181,45166,35555,53731,393
total shareholders funds254,480205,026198,781350,483221,08814,725756,088678,615324,547201,139162,881127,79181,45166,35555,53731,393
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit58,9512,526-155,912159,499254,620-743,91792,018436,289159,50145,36941,02959,75418,28114,30633,27043,367
Depreciation38,55530,67324,07041,20425,18526,16426,08319,13620,39021,83611,14610,51411,29614,8289,79314,736
Amortisation0000000000000000
Tax-16,485-2,0820-30,352-48,4060-18,173-83,053-31,997-9,211-8,745-13,842-4,458-3,801-9,389-12,169
Stock0000000000000000
Debtors-8,492-18,110-3,7684,97328,18036,7293,031-4,4891,29215,4151,1768,975-4,5422,059-1,1389,618
Creditors93,836-67,07612,03956,315-350,411282,969225,1140-61,7929,78814,9427,748-4,320-6,7345,56734,801
Accruals and Deferred Income000000-142,52048,00394,5170000000
Deferred Taxes & Provisions-1,9009,489-1,2917,787-6,084-4559,8753,397-3,9866,689000000
Cash flow from operations181,449-8,360-117,326229,480-153,276-471,968189,366428,261175,34159,05657,19655,19925,34116,54040,37971,117
Investing Activities
capital expenditure-27,124-80,3916,068-77,239-7,143-48,546-39,984-23,908-15,913-54,575-12,546-7,412-2,286-26,819-3,247-41,757
Change in Investments17,4642,370-10,24020,071-148,002-96,59516,504223,65259,9471,57822,90836120,978000
cash flow from investments-44,588-82,76116,308-97,310140,85948,049-56,488-247,560-75,860-56,153-35,454-7,773-23,264-26,819-3,247-41,757
Financing Activities
Bank loans0000000000000000
Group/Directors Accounts000000-1,6240-750012,275-63528941232
Other Short Term Loans 0000000000000000
Long term loans0000000000000000
Hire Purchase and Lease Commitments0000000-14,56714,5670000000
other long term liabilities00-78,08628,08650,000000000000-8,5018,501
share issue00000000-4,5821,4122,192097800100
interest6,9875,8004,2102481492,5543,62883248768861442729531326495
cash flow from financing6,9875,800-73,87628,33450,1492,5542,004-13,7359,7222,1002,8072,702638602-7,8258,728
cash and cash equivalents
cash143,849-85,320-174,894160,50437,732-421,365134,882166,966109,2025,00324,54950,1292,715-9,67729,30638,088
overdraft0000000000000000
change in cash143,849-85,320-174,894160,50437,732-421,365134,882166,966109,2025,00324,54950,1292,715-9,67729,30638,088

platinum ifs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Platinum Ifs Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for platinum ifs limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M33 area or any other competitors across 12 key performance metrics.

platinum ifs limited Ownership

PLATINUM IFS LIMITED group structure

Platinum Ifs Limited has no subsidiary companies.

Ultimate parent company

PLATINUM IFS LIMITED

05099426

PLATINUM IFS LIMITED Shareholders

jennifer louise hood 50%
martin thomas hood 50%

platinum ifs limited directors

Platinum Ifs Limited currently has 2 directors. The longest serving directors include Mr Martin Hood (Apr 2004) and Mrs Jennifer Hood (Sep 2005).

officercountryagestartendrole
Mr Martin HoodUnited Kingdom54 years Apr 2004- Director
Mrs Jennifer HoodUnited Kingdom52 years Sep 2005- Director

P&L

August 2024

turnover

974.3k

+8%

operating profit

59k

0%

gross margin

12%

-25.24%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2024

net assets

254.5k

+0.24%

total assets

530.8k

+0.36%

cash

211.7k

+2.12%

net assets

Total assets minus all liabilities

platinum ifs limited company details

company number

05099426

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

April 2004

age

21

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

August 2024

previous names

N/A

accountant

LEAVITT WALMSLEY ASSOCIATES LIMITED

auditor

-

address

8 eastway, sale, cheshire, M33 4DX

Bank

-

Legal Advisor

-

platinum ifs 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 platinum ifs limited.

platinum ifs 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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platinum ifs limited Companies House Filings - See Documents

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