Pomanda estimates the enterprise value of SIMPLE CREDIT LIMITED at £157.8k based on a Turnover of £243.1k and 0.65x industry multiple (adjusted for size and gross margin).
simple credit limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of SIMPLE CREDIT LIMITED at £0 based on an EBITDA of £-45.9k and a 2.37x industry multiple (adjusted for size and gross margin).
simple credit limitedEstimated Valuation
£527.6k
Pomanda estimates the enterprise value of SIMPLE CREDIT LIMITED at £527.6k based on Net Assets of £218.8k and 2.41x industry multiple (adjusted for liquidity).
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Simple Credit LimitedOverview
Simple Credit Limited is a live company located in birkenhead, CH41 4DA with a Companies House number of 05465634. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in May 2005, it's largest shareholder is
angela crabtree
with a 70% stake. Simple Credit Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£243.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Simple Credit Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
8 Weak
Size
annual sales of £243.1k, make it smaller than the average company (£21.1m)
£243.1k - Simple Credit Limited
£21.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (22.3%)
-1% - Simple Credit Limited
22.3% - Industry AVG
Production
with a gross margin of 4.5%, this company has a higher cost of product (15.7%)
4.5% - Simple Credit Limited
15.7% - Industry AVG
Profitability
an operating margin of -19.2% make it less profitable than the average company (8.6%)
-19.2% - Simple Credit Limited
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Simple Credit Limited
12 - Industry AVG
Pay Structure
on an average salary of £67.1k, the company has an equivalent pay structure (£67.1k)
£67.1k - Simple Credit Limited
£67.1k - Industry AVG
Efficiency
resulting in sales per employee of £121.6k, this is less efficient (£445.9k)
£121.6k - Simple Credit Limited
£445.9k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (52 days)
94 days - Simple Credit Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (133 days)
31 days - Simple Credit Limited
133 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Simple Credit Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 444 weeks, this is more cash available to meet short term requirements (5 weeks)
444 weeks - Simple Credit Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.9%, this is a lower level of debt than the average (100%)
8.9% - Simple Credit Limited
100% - Industry AVG
SIMPLE CREDIT LIMITED financials
EXPORT
Simple Credit Limited's latest turnover from October 2024 is estimated at £243.1 thousand and the company has net assets of £218.8 thousand. According to their latest financial statements, Simple Credit Limited has 2 employees and maintains cash reserves of £171.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
May 2012
May 2011
May 2010
Turnover
243,105
311,551
234,938
248,080
228,208
195,154
194,677
206,287
167,918
21,820
19,922
66,118
17,249
30,663
31,405
Other Income Or Grants
Cost Of Sales
232,174
294,515
218,976
232,430
213,229
184,689
174,602
178,082
93,459
11,391
13,292
46,013
10,883
19,166
23,050
Gross Profit
10,931
17,037
15,962
15,650
14,979
10,465
20,075
28,205
74,459
10,429
6,630
20,106
6,366
11,498
8,356
Admin Expenses
57,509
20,757
27,587
16,025
8,393
25,235
-15,881
-5,169
43,656
-35,757
-45,510
66,620
-21,360
-22,066
-144,154
Operating Profit
-46,578
-3,720
-11,625
-375
6,586
-14,770
35,956
33,374
30,803
46,186
52,140
-46,514
27,726
33,564
152,510
Interest Payable
Interest Receivable
8,043
7,624
3,071
133
113
612
552
276
351
558
353
375
432
345
153
Pre-Tax Profit
-38,535
3,904
-8,554
-242
6,699
-14,158
36,509
33,651
31,154
46,744
52,494
-46,139
28,158
33,909
152,663
Tax
-976
-1,273
-6,937
-6,394
-6,231
-9,349
-11,024
-6,758
-8,816
-42,745
Profit After Tax
-38,535
2,928
-8,554
-242
5,426
-14,158
29,572
27,257
24,923
37,395
41,470
-46,139
21,400
25,093
109,917
Dividends Paid
Retained Profit
-38,535
2,928
-8,554
-242
5,426
-14,158
29,572
27,257
24,923
37,395
41,470
-46,139
21,400
25,093
109,917
Employee Costs
134,266
187,393
192,646
172,627
165,410
152,080
138,508
146,558
166,882
37,723
36,162
38,487
39,467
37,176
40,452
Number Of Employees
2
3
3
3
3
3
3
3
4
1
1
1
1
1
1
EBITDA*
-45,923
-3,122
-10,831
617
9,975
-9,566
41,210
38,052
34,913
49,124
55,997
-40,379
30,336
37,097
155,834
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
May 2012
May 2011
May 2010
Tangible Assets
5,092
613
1,067
1,676
1,928
4,818
9,383
13,129
17,077
3,329
5,680
8,302
4,707
5,500
6,904
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
5,092
613
1,067
1,676
1,928
4,818
9,383
13,129
17,077
3,329
5,680
8,302
4,707
5,500
6,904
Stock & work in progress
11,800
10,819
11,055
7,116
12,391
10,531
7,672
6,143
3,980
4,130
2,000
2,657
1,039
663
Trade Debtors
63,226
167,258
165,908
166,193
162,742
179,499
231,100
193,126
74,766
77,965
86,723
80,117
83,545
85,986
77,953
Group Debtors
Misc Debtors
94,862
Cash
171,816
149,889
140,544
132,405
133,777
91,782
71,330
75,934
145,152
135,794
87,399
53,946
95,870
77,085
61,110
misc current assets
total current assets
235,042
328,947
317,271
309,653
303,635
283,672
312,961
276,732
226,061
217,739
178,252
230,925
182,072
164,110
139,726
total assets
240,134
329,560
318,338
311,329
305,563
288,490
322,344
289,861
243,138
221,068
183,932
239,227
186,779
169,610
146,630
Bank overdraft
Bank loan
Trade Creditors
20,108
72,119
63,775
48,096
42,041
30,039
49,245
45,999
26,024
30,266
30,055
126,478
28,783
33,009
36,042
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
20,108
72,119
63,775
48,096
42,041
30,039
49,245
45,999
26,024
30,266
30,055
126,478
28,783
33,009
36,042
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,273
153
203
319
366
721
1,211
1,546
2,055
666
1,136
1,478
586
591
571
total long term liabilities
1,273
153
203
319
366
721
1,211
1,546
2,055
666
1,136
1,478
586
591
571
total liabilities
21,381
72,272
63,978
48,415
42,407
30,760
50,456
47,545
28,079
30,932
31,191
127,956
29,369
33,600
36,613
net assets
218,753
257,288
254,360
262,914
263,156
257,730
271,888
242,316
215,059
190,136
152,741
111,271
157,410
136,010
110,017
total shareholders funds
218,753
257,288
254,360
262,914
263,156
257,730
271,888
242,316
215,059
190,136
152,741
111,271
157,410
136,010
110,017
Oct 2024
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
May 2012
May 2011
May 2010
Operating Activities
Operating Profit
-46,578
-3,720
-11,625
-375
6,586
-14,770
35,956
33,374
30,803
46,186
52,140
-46,514
27,726
33,564
152,510
Depreciation
655
598
794
992
3,389
5,204
5,254
4,678
4,110
2,938
3,857
6,135
2,610
3,533
3,324
Amortisation
Tax
-976
-1,273
-6,937
-6,394
-6,231
-9,349
-11,024
-6,758
-8,816
-42,745
Stock
-11,800
981
-236
3,939
-5,275
1,860
2,859
1,529
2,163
-150
2,130
-657
1,618
376
663
Debtors
-104,032
1,350
-285
3,451
-16,757
-51,601
37,974
118,360
-3,199
-8,758
-88,256
91,434
-2,441
8,033
77,953
Creditors
-52,011
8,344
15,679
6,055
12,002
-19,206
3,246
19,975
-4,242
211
-96,423
97,695
-4,226
-3,033
36,042
Accruals and Deferred Income
Deferred Taxes & Provisions
1,120
-50
-116
-47
-355
-490
-335
-509
1,389
-470
-342
892
-5
20
571
Cash flow from operations
19,018
1,865
5,253
-765
42,381
20,479
-3,649
-68,765
26,865
48,424
34,334
-32,569
20,170
16,859
71,086
Investing Activities
capital expenditure
-5,134
-144
-185
-740
-499
-639
-1,508
-730
-17,858
-587
-1,235
-9,730
-1,817
-2,129
-10,228
Change in Investments
cash flow from investments
-5,134
-144
-185
-740
-499
-639
-1,508
-730
-17,858
-587
-1,235
-9,730
-1,817
-2,129
-10,228
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
900
100
interest
8,043
7,624
3,071
133
113
612
552
276
351
558
353
375
432
345
153
cash flow from financing
8,043
7,624
3,071
133
113
612
552
276
351
558
353
375
432
1,245
253
cash and cash equivalents
cash
21,927
9,345
8,139
-1,372
41,995
20,452
-4,604
-69,218
9,358
48,395
33,453
-41,924
18,785
15,975
61,110
overdraft
change in cash
21,927
9,345
8,139
-1,372
41,995
20,452
-4,604
-69,218
9,358
48,395
33,453
-41,924
18,785
15,975
61,110
simple credit 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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simple credit limited Ownership
SIMPLE CREDIT LIMITED group structure
Simple Credit Limited has no subsidiary companies.
Ultimate parent company
SIMPLE CREDIT LIMITED
05465634
SIMPLE CREDIT LIMITED Shareholders
The largest shareholders in Simple Credit Limited include Angela Crabtree and Simon Crabtree.
angela crabtree
70%
simon crabtree
30%
simple credit limited directors
Simple Credit Limited currently has 2 directors.
The longest serving directors include
Mrs Angela Crabtree (May 2005) and
Mr Simon Crabtree (Nov 2016).
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 simple credit limited.
simple credit limited Capital Raised & Share Issues BETA
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simple credit limitedCompanies House Filings - See Documents
