assist financial management limited
assist financial management limited Company Information
Company Number
05682279
Website
http://payppi.co.ukRegistered Address
284 clifton drive south, lytham st. annes, lancashire, FY8 1LH
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
08009884820
Next Accounts Due
1430 days late
Group Structure
View All
Directors
David Pickup18 Years
Shareholders
mr david john pickup 100%
assist financial management limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIST FINANCIAL MANAGEMENT LIMITED at £2.4m based on a Turnover of £1.6m and 1.49x industry multiple (adjusted for size and gross margin).
assist financial management limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIST FINANCIAL MANAGEMENT LIMITED at £0 based on an EBITDA of £-15.4k and a 5.98x industry multiple (adjusted for size and gross margin).
assist financial management limited Estimated Valuation
Pomanda estimates the enterprise value of ASSIST FINANCIAL MANAGEMENT LIMITED at £0 based on Net Assets of £-1.6k and 2.01x industry multiple (adjusted for liquidity).
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Assist Financial Management Limited Overview
Assist Financial Management Limited is a live company located in lancashire, FY8 1LH with a Companies House number of 05682279. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2006, it's largest shareholder is mr david john pickup with a 100% stake. Assist Financial Management Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.
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Assist Financial Management Limited Health Check
Pomanda's financial health check has awarded Assist Financial Management Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£3m)
- Assist Financial Management Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.9%)
- Assist Financial Management Limited
5.9% - Industry AVG
Production
with a gross margin of 66%, this company has a comparable cost of product (66%)
- Assist Financial Management Limited
66% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (12.4%)
- Assist Financial Management Limited
12.4% - Industry AVG
Employees
with 17 employees, this is above the industry average (13)
17 - Assist Financial Management Limited
13 - Industry AVG
Pay Structure
on an average salary of £67.5k, the company has an equivalent pay structure (£67.5k)
- Assist Financial Management Limited
£67.5k - Industry AVG
Efficiency
resulting in sales per employee of £96.5k, this is less efficient (£201.7k)
- Assist Financial Management Limited
£201.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (37 days)
- Assist Financial Management Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (41 days)
- Assist Financial Management Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Assist Financial Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (41 weeks)
0 weeks - Assist Financial Management Limited
41 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.5%, this is a higher level of debt than the average (54.7%)
100.5% - Assist Financial Management Limited
54.7% - Industry AVG
ASSIST FINANCIAL MANAGEMENT LIMITED financials
Assist Financial Management Limited's latest turnover from November 2018 is estimated at £1.6 million and the company has net assets of -£1.6 thousand. According to their latest financial statements, Assist Financial Management Limited has 17 employees and maintains cash reserves of £285 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | May 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 | 17 | 29 | 30 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34,786 | 41,154 | 47,371 | 54,975 | 52,273 | 53,889 | 60,907 | 13,739 | 7,395 | 1,173 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 34,786 | 41,154 | 47,371 | 54,975 | 52,273 | 53,889 | 60,907 | 13,739 | 7,395 | 1,173 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 262 | 1,865 | 7,087 | 212,032 | 167,266 | 269,210 | 164,590 | 134,186 | 61,794 | 5,720 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 289,114 | 248,009 | 187,852 | 0 | 0 | 0 | 0 | 236,669 | 117,667 | 58,042 |
| Cash | 285 | 20,223 | 10,013 | 30,933 | 46,794 | 57,106 | 174,446 | 150,429 | 25,311 | 3,740 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 289,661 | 270,097 | 204,952 | 242,965 | 214,060 | 326,316 | 339,036 | 521,284 | 204,772 | 67,502 |
| total assets | 324,447 | 311,251 | 252,323 | 297,940 | 266,333 | 380,205 | 399,943 | 535,023 | 212,167 | 68,675 |
| Bank overdraft | 10 | 75 | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,995 | 36,844 | 12,476 | 237,290 | 215,713 | 351,211 | 359,897 | 327,681 | 82,849 | 37,005 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 313,550 | 251,452 | 178,190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 325,555 | 288,371 | 190,741 | 237,290 | 215,713 | 351,211 | 359,897 | 327,681 | 82,849 | 37,005 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125,000 | 0 | 0 |
| provisions | 487 | 487 | 1,561 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 487 | 487 | 1,561 | 0 | 0 | 0 | 0 | 125,000 | 0 | 0 |
| total liabilities | 326,042 | 288,858 | 192,302 | 237,290 | 215,713 | 351,211 | 359,897 | 452,681 | 82,849 | 37,005 |
| net assets | -1,595 | 22,393 | 60,021 | 60,650 | 50,620 | 28,994 | 40,046 | 82,342 | 129,318 | 31,670 |
| total shareholders funds | -1,595 | 22,393 | 60,021 | 60,650 | 50,620 | 28,994 | 40,046 | 82,342 | 129,318 | 31,670 |
| Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 8,696 | 10,288 | 11,843 | 13,743 | 13,068 | 13,473 | 15,227 | 3,434 | 1,849 | 293 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 39,502 | 54,935 | -17,093 | 44,766 | -101,944 | 104,620 | -206,265 | 191,394 | 179,461 | 63,762 |
| Creditors | -24,849 | 24,368 | -224,814 | 21,577 | -135,498 | -8,686 | 32,216 | 244,832 | 82,849 | 37,005 |
| Accruals and Deferred Income | 62,098 | 73,262 | 178,190 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -1,074 | 1,561 | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -125,000 | 125,000 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -19,938 | 10,210 | -20,920 | -15,861 | -10,312 | -117,340 | 24,017 | 125,118 | 25,311 | 3,740 |
| overdraft | -65 | 0 | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,873 | 10,210 | -20,995 | -15,861 | -10,312 | -117,340 | 24,017 | 125,118 | 25,311 | 3,740 |
assist financial management limited Credit Report and Business Information
Assist Financial Management Limited Competitor Analysis
Perform a competitor analysis for assist financial management limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in FY8 area or any other competitors across 12 key performance metrics.
assist financial management limited Ownership
ASSIST FINANCIAL MANAGEMENT LIMITED group structure
Assist Financial Management Limited has no subsidiary companies.
Ultimate parent company
ASSIST FINANCIAL MANAGEMENT LIMITED
05682279
assist financial management limited directors
Assist Financial Management Limited currently has 1 director, Mr David Pickup serving since Jan 2006.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Pickup | 55 years | Jan 2006 | - | Director |
P&L
November 2018turnover
1.6m
-38%
operating profit
-24.1k
0%
gross margin
66%
-0.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2018net assets
-1.6k
-1.07%
total assets
324.4k
+0.04%
cash
285
-0.99%
net assets
Total assets minus all liabilities
assist financial management limited company details
company number
05682279
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
January 2006
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2018
previous names
djp1 limited (June 2008)
moneytree loans limited (January 2008)
accountant
-
auditor
-
address
284 clifton drive south, lytham st. annes, lancashire, FY8 1LH
Bank
-
Legal Advisor
-
assist financial management 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 assist financial management limited.
assist financial management limited Companies House Filings - See Documents
| date | description | view/download |
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