assist financial management limited

1.5

assist financial management limited Company Information

Share ASSIST FINANCIAL MANAGEMENT LIMITED
Live (In Liquidation)
EstablishedSmallLow

Company Number

05682279

Registered 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

£2.4m

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

£0

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

£0

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).

Edit your figures and get a professional valuation report.

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£3m)

£1.6m - Assist Financial Management Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.9%)

1% - Assist Financial Management Limited

5.9% - Industry AVG

production

Production

with a gross margin of 66%, this company has a comparable cost of product (66%)

66% - Assist Financial Management Limited

66% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (12.4%)

-1.5% - Assist Financial Management Limited

12.4% - Industry AVG

employees

Employees

with 17 employees, this is above the industry average (13)

17 - Assist Financial Management Limited

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.5k, the company has an equivalent pay structure (£67.5k)

£67.5k - Assist Financial Management Limited

£67.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £96.5k, this is less efficient (£201.7k)

£96.5k - Assist Financial Management Limited

£201.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (37 days)

0 days - Assist Financial Management Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (41 days)

7 days - Assist Financial Management Limited

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Assist Financial Management Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010May 2010
Turnover1,639,9402,636,4742,614,1251,569,2651,242,2312,098,7421,426,0001,194,394469,57670,654
Other Income Or Grants0000000000
Cost Of Sales558,475887,607928,003553,521486,924803,330590,001520,377207,49830,726
Gross Profit1,081,4651,748,8671,686,1221,015,743755,3071,295,412836,000674,017262,07739,928
Admin Expenses1,105,5271,786,5661,686,8001,003,400728,1921,307,043879,108721,43282,535-4,046
Operating Profit-24,062-37,699-67812,34327,115-11,631-43,108-47,415179,54243,974
Interest Payable3520000000
Interest Receivable777651194260579812439639
Pre-Tax Profit-23,988-37,628-62912,53827,375-11,052-42,296-46,976179,60643,983
Tax000-2,507-5,749000-50,290-12,315
Profit After Tax-23,988-37,628-62910,03021,626-11,052-42,296-46,976129,31631,668
Dividends Paid0000000000
Retained Profit-23,988-37,628-62910,03021,626-11,052-42,296-46,976129,31631,668
Employee Costs1,147,0261,871,3561,889,467532,123414,566716,450402,255398,856166,60255,973
Number Of Employees17293097127731
EBITDA*-15,366-27,41111,16526,08640,1831,842-27,881-43,981181,39144,267

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010May 2010
Tangible Assets34,78641,15447,37154,97552,27353,88960,90713,7397,3951,173
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets34,78641,15447,37154,97552,27353,88960,90713,7397,3951,173
Stock & work in progress0000000000
Trade Debtors2621,8657,087212,032167,266269,210164,590134,18661,7945,720
Group Debtors0000000000
Misc Debtors289,114248,009187,8520000236,669117,66758,042
Cash28520,22310,01330,93346,79457,106174,446150,42925,3113,740
misc current assets0000000000
total current assets289,661270,097204,952242,965214,060326,316339,036521,284204,77267,502
total assets324,447311,251252,323297,940266,333380,205399,943535,023212,16768,675
Bank overdraft1075750000000
Bank loan0000000000
Trade Creditors 11,99536,84412,476237,290215,713351,211359,897327,68182,84937,005
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities313,550251,452178,1900000000
total current liabilities325,555288,371190,741237,290215,713351,211359,897327,68182,84937,005
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000125,00000
provisions4874871,5610000000
total long term liabilities4874871,5610000125,00000
total liabilities326,042288,858192,302237,290215,713351,211359,897452,68182,84937,005
net assets-1,59522,39360,02160,65050,62028,99440,04682,342129,31831,670
total shareholders funds-1,59522,39360,02160,65050,62028,99440,04682,342129,31831,670
Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010May 2010
Operating Activities
Operating Profit-24,062-37,699-67812,34327,115-11,631-43,108-47,415179,54243,974
Depreciation8,69610,28811,84313,74313,06813,47315,2273,4341,849293
Amortisation0000000000
Tax000-2,507-5,749000-50,290-12,315
Stock0000000000
Debtors39,50254,935-17,09344,766-101,944104,620-206,265191,394179,46163,762
Creditors-24,84924,368-224,81421,577-135,498-8,68632,216244,83282,84937,005
Accruals and Deferred Income62,09873,262178,1900000000
Deferred Taxes & Provisions0-1,0741,5610000000
Cash flow from operations-17,61914,210-16,805390880-111,464210,6009,45734,4895,195
Investing Activities
capital expenditure-2,328-4,071-4,239-16,445-11,452-6,455-62,395-9,778-9,244-1,466
Change in Investments0000000000
cash flow from investments-2,328-4,071-4,239-16,445-11,452-6,455-62,395-9,778-9,244-1,466
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities000000-125,000125,00000
share issue0000000022
interest747149194260579812439639
cash flow from financing747149194260579-124,188125,4396511
cash and cash equivalents
cash-19,93810,210-20,920-15,861-10,312-117,34024,017125,11825,3113,740
overdraft-650750000000
change in cash-19,87310,210-20,995-15,861-10,312-117,34024,017125,11825,3113,740

assist financial management limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for assist financial management limited. Get real-time insights into assist financial management limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Assist Financial Management Limited Competitor Analysis

competitor_analysis_table_img

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 Shareholders

mr david john pickup 100%

assist financial management limited directors

Assist Financial Management Limited currently has 1 director, Mr David Pickup serving since Jan 2006.

officercountryagestartendrole
Mr David Pickup55 years Jan 2006- Director

P&L

November 2018

turnover

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 2018

net 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

None

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.

charges

assist financial management limited Companies House Filings - See Documents

datedescriptionview/download