blowfish financial services limited

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blowfish financial services limited Company Information

Share BLOWFISH FINANCIAL SERVICES LIMITED

Company Number

05357523

Shareholders

matthew adams

mark andrew eccles

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

130 derby road, long eaton, nottingham, NG10 4ER

blowfish financial services limited Estimated Valuation

£639.8k

Pomanda estimates the enterprise value of BLOWFISH FINANCIAL SERVICES LIMITED at £639.8k based on a Turnover of £487k and 1.31x industry multiple (adjusted for size and gross margin).

blowfish financial services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BLOWFISH FINANCIAL SERVICES LIMITED at £0 based on an EBITDA of £-65.8k and a 4.53x industry multiple (adjusted for size and gross margin).

blowfish financial services limited Estimated Valuation

£614.7k

Pomanda estimates the enterprise value of BLOWFISH FINANCIAL SERVICES LIMITED at £614.7k based on Net Assets of £458.4k and 1.34x industry multiple (adjusted for liquidity).

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Blowfish Financial Services Limited Overview

Blowfish Financial Services Limited is a live company located in nottingham, NG10 4ER with a Companies House number of 05357523. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2005, it's largest shareholder is matthew adams with a 50% stake. Blowfish Financial Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £487k with declining growth in recent years.

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Blowfish Financial Services Limited Health Check

Pomanda's financial health check has awarded Blowfish Financial Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £487k, make it smaller than the average company (£5.2m)

£487k - Blowfish Financial Services Limited

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (6.6%)

-36% - Blowfish Financial Services Limited

6.6% - Industry AVG

production

Production

with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)

55.6% - Blowfish Financial Services Limited

55.6% - Industry AVG

profitability

Profitability

an operating margin of -13.9% make it less profitable than the average company (9.3%)

-13.9% - Blowfish Financial Services Limited

9.3% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (12)

4 - Blowfish Financial Services Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £80k, the company has an equivalent pay structure (£80k)

£80k - Blowfish Financial Services Limited

£80k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.7k, this is less efficient (£217.9k)

£121.7k - Blowfish Financial Services Limited

£217.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (32 days)

11 days - Blowfish Financial Services Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (41 days)

8 days - Blowfish Financial Services Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blowfish Financial Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 609 weeks, this is more cash available to meet short term requirements (29 weeks)

609 weeks - Blowfish Financial Services Limited

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 8.2%, this is a lower level of debt than the average (68.4%)

8.2% - Blowfish Financial Services Limited

68.4% - Industry AVG

BLOWFISH FINANCIAL SERVICES LIMITED financials

EXPORTms excel logo

Blowfish Financial Services Limited's latest turnover from March 2024 is estimated at £487 thousand and the company has net assets of £458.4 thousand. According to their latest financial statements, Blowfish Financial Services Limited has 4 employees and maintains cash reserves of £465.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover486,982489,519549,8881,842,1981,789,7261,455,2841,708,2851,431,135199,203217,269141,417112,883205,384187,463221,281
Other Income Or Grants000000000000000
Cost Of Sales216,089205,892220,563743,145696,269582,262681,209549,99069,19574,50251,76942,80380,56075,62999,385
Gross Profit270,893283,626329,3251,099,0531,093,457873,0221,027,076881,145130,008142,76889,64870,080124,823111,834121,896
Admin Expenses338,688148,065241,6021,036,8861,042,597838,839960,686847,694149,282121,21665,71783,56875,303136,8795,376
Operating Profit-67,795135,56187,72362,16750,86034,18366,39033,451-19,27421,55223,931-13,48849,520-25,045116,520
Interest Payable000000000000000
Interest Receivable26,51020,0161,4920000171697690600570503451254
Pre-Tax Profit-41,285155,57789,21562,16750,86034,18366,39033,623-18,57722,24224,531-12,91850,023-24,594116,774
Tax0-29,560-16,951-11,812-9,663-6,495-12,614-6,7240-4,671-5,6420-13,0060-32,697
Profit After Tax-41,285126,01772,26450,35541,19727,68853,77626,898-18,57717,57118,889-12,91837,017-24,59484,077
Dividends Paid000000000000000
Retained Profit-41,285126,01772,26450,35541,19727,68853,77626,898-18,57717,57118,889-12,91837,017-24,59484,077
Employee Costs319,842295,900293,250342,245346,992341,173593,685502,576121,853116,80159,28857,646112,089112,493113,573
Number Of Employees444555982211222
EBITDA*-65,841138,25387,72362,16750,86034,18366,39033,451-15,18322,69725,488-11,76650,620-22,914120,544

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,3427,2966,8688,68611,8826,3806,4986,4839,3023,2454,3904,1552,7874,4545,828
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,3427,2966,8688,68611,8826,3806,4986,4839,3023,2454,3904,1552,7874,4545,828
Stock & work in progress000000000000000
Trade Debtors15,84623,80336,153348,830309,796248,387223,985185,95522,94027,75516,37313,59023,82522,78127,020
Group Debtors000000000000000
Misc Debtors12,46811,58010,40310,4928,9820000000000
Cash465,811544,088397,82800000137,195141,782134,327105,588122,28678,799101,464
misc current assets000006,3192,9583800000000
total current assets494,125579,471444,384359,322318,778254,706226,943186,335160,135169,537150,700119,178146,111101,580128,484
total assets499,467586,767451,252368,008330,660261,086233,441192,818169,437172,782155,090123,333148,898106,034134,312
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 5,09713,33019,34966,62979,63651,25951,30250,45552,41838,46538,19825,47852,39646,54950,233
Group/Directors Accounts113571857000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities34,54471,38056,096000000000000
total current liabilities39,75485,28176,30266,62979,63651,25951,30250,45552,41838,46538,19825,47852,39646,54950,233
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions1,3361,8241,305000014,00015,55214,27314,41914,271000
total long term liabilities1,3361,8241,305000014,00015,55214,27314,41914,271000
total liabilities41,09087,10577,60766,62979,63651,25951,30264,45567,97052,73852,61739,74952,39646,54950,233
net assets458,377499,662373,645301,379251,024209,827182,139128,363101,467120,044102,47383,58496,50259,48584,079
total shareholders funds458,377499,662373,645301,379251,024209,827182,139128,363101,467120,044102,47383,58496,50259,48584,079
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-67,795135,56187,72362,16750,86034,18366,39033,451-19,27421,55223,931-13,48849,520-25,045116,520
Depreciation1,9542,6920000004,0911,1451,5571,7221,1002,1314,024
Amortisation000000000000000
Tax0-29,560-16,951-11,812-9,663-6,495-12,614-6,7240-4,671-5,6420-13,0060-32,697
Stock000000000000000
Debtors-7,069-11,173-312,76640,54470,39124,40238,030163,015-4,81511,3822,783-10,2351,044-4,23927,020
Creditors-8,233-6,019-47,280-13,00728,377-43847-1,96313,95326712,720-26,9185,847-3,68450,233
Accruals and Deferred Income-36,83615,28456,096000000000000
Deferred Taxes & Provisions-4885191,305000-14,000-1,5521,279-14614814,271000
Cash flow from operations-104,329129,650393,659-3,196-8173,2432,593-139,8034,8646,76529,931-14,17842,417-22,359111,060
Investing Activities
capital expenditure0-3,1201,8183,196-5,502118-152,819-10,1480-1,792-3,090567-757-9,852
Change in Investments000000000000000
cash flow from investments0-3,1201,8183,196-5,502118-152,819-10,1480-1,792-3,090567-757-9,852
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-458-286857000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0020000-20000002
interest26,51020,0161,4920000171697690600570503451254
cash flow from financing26,05219,7302,3510000169697690600570503451256
cash and cash equivalents
cash-78,277146,260397,8280000-137,195-4,5877,45528,739-16,69843,487-22,665101,464
overdraft000000000000000
change in cash-78,277146,260397,8280000-137,195-4,5877,45528,739-16,69843,487-22,665101,464

blowfish financial services 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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Blowfish Financial Services Limited Competitor Analysis

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Perform a competitor analysis for blowfish financial services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NG10 area or any other competitors across 12 key performance metrics.

blowfish financial services limited Ownership

BLOWFISH FINANCIAL SERVICES LIMITED group structure

Blowfish Financial Services Limited has no subsidiary companies.

Ultimate parent company

BLOWFISH FINANCIAL SERVICES LIMITED

05357523

BLOWFISH FINANCIAL SERVICES LIMITED Shareholders

matthew adams 50%
mark andrew eccles 50%

blowfish financial services limited directors

Blowfish Financial Services Limited currently has 2 directors. The longest serving directors include Mr Mark Eccles (Feb 2005) and Mr Matthew Adams (Feb 2005).

officercountryagestartendrole
Mr Mark EcclesEngland61 years Feb 2005- Director
Mr Matthew AdamsUnited Kingdom56 years Feb 2005- Director

P&L

March 2024

turnover

487k

-1%

operating profit

-67.8k

0%

gross margin

55.7%

-3.99%

turnover

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

Balance Sheet

March 2024

net assets

458.4k

-0.08%

total assets

499.5k

-0.15%

cash

465.8k

-0.14%

net assets

Total assets minus all liabilities

blowfish financial services limited company details

company number

05357523

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

February 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

P J HAMSON & CO LIMITED

auditor

-

address

130 derby road, long eaton, nottingham, NG10 4ER

Bank

-

Legal Advisor

-

blowfish financial services 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 blowfish financial services limited.

blowfish financial services 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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blowfish financial services limited Companies House Filings - See Documents

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