practical financial services limited
practical financial services limited Company Information
Company Number
05745407
Website
sjpp.co.ukRegistered Address
32 oakslade drive, solihull, west midlands, B92 9QG
Industry
Other activities auxiliary to insurance and pension funding
Telephone
01217336733
Next Accounts Due
October 2024
Group Structure
View All
Directors
Christopher Bloomer5 Years
Shareholders
gerhard thronicker 30%
john hall 30%
View Allpractical financial services limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICAL FINANCIAL SERVICES LIMITED at £52.6k based on a Turnover of £79.9k and 0.66x industry multiple (adjusted for size and gross margin).
practical financial services limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICAL FINANCIAL SERVICES LIMITED at £5.5k based on an EBITDA of £1.6k and a 3.41x industry multiple (adjusted for size and gross margin).
practical financial services limited Estimated Valuation
Pomanda estimates the enterprise value of PRACTICAL FINANCIAL SERVICES LIMITED at £3.7k based on Net Assets of £1.4k and 2.7x industry multiple (adjusted for liquidity).
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Practical Financial Services Limited Overview
Practical Financial Services Limited is a dissolved company that was located in west midlands, B92 9QG with a Companies House number of 05745407. It operated in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in March 2006, it's largest shareholder was gerhard thronicker with a 30% stake. The last turnover for Practical Financial Services Limited was estimated at £79.9k.
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Practical Financial Services Limited Health Check
Pomanda's financial health check has awarded Practical Financial Services 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
1 Regular
7 Weak
Size
annual sales of £79.9k, make it smaller than the average company (£1.9m)
- Practical Financial Services Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (7.5%)
- Practical Financial Services Limited
7.5% - Industry AVG
Production
with a gross margin of 44.1%, this company has a higher cost of product (73%)
- Practical Financial Services Limited
73% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (8.6%)
- Practical Financial Services Limited
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - Practical Financial Services Limited
21 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Practical Financial Services Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£116.8k)
- Practical Financial Services Limited
£116.8k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (73 days)
- Practical Financial Services Limited
73 days - Industry AVG
Creditor Days
its suppliers are paid after 161 days, this is slower than average (30 days)
- Practical Financial Services Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Practical Financial Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Practical Financial Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (75.2%)
93.9% - Practical Financial Services Limited
75.2% - Industry AVG
PRACTICAL FINANCIAL SERVICES LIMITED financials
Practical Financial Services Limited's latest turnover from March 2019 is estimated at £79.9 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, Practical Financial Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 2 | 2 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 378 | 419 | 466 | 518 | 576 | 640 | 711 | 790 | 878 | 975 |
| 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 | 378 | 419 | 466 | 518 | 576 | 640 | 711 | 790 | 878 | 975 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,011 | 25,802 | 21,011 | 15,955 | 14,483 | 13,419 | 10,394 | 10,637 | 9,170 | 11,397 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 4,678 | 10,052 | 9,975 | 5,005 | 5 | 2,561 | 980 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,011 | 25,802 | 21,011 | 20,633 | 24,535 | 23,394 | 15,399 | 10,642 | 11,731 | 12,377 |
| total assets | 22,389 | 26,221 | 21,477 | 21,151 | 25,111 | 24,034 | 16,110 | 11,432 | 12,609 | 13,352 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,729 | 24,559 | 18,160 | 18,590 | 21,490 | 21,972 | 13,293 | 9,494 | 11,378 | 11,972 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 19,729 | 24,559 | 18,160 | 18,590 | 21,490 | 21,972 | 13,293 | 9,494 | 11,378 | 11,972 |
| 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 | 1,292 | 1,597 | 1,602 | 1,445 | 1,288 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,292 | 1,597 | 1,602 | 1,445 | 1,288 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,021 | 26,156 | 19,762 | 20,035 | 22,778 | 21,972 | 13,293 | 9,494 | 11,378 | 11,972 |
| net assets | 1,368 | 65 | 1,715 | 1,116 | 2,333 | 2,062 | 2,817 | 1,938 | 1,231 | 1,380 |
| total shareholders funds | 1,368 | 65 | 1,715 | 1,116 | 2,333 | 2,062 | 2,817 | 1,938 | 1,231 | 1,380 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 58 | 64 | 71 | 79 | 88 | 97 | 108 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,791 | 4,791 | 5,056 | 1,472 | 1,064 | 3,025 | -243 | 1,467 | -2,227 | 11,397 |
| Creditors | -4,830 | 6,399 | -430 | -2,900 | -482 | 8,679 | 3,799 | -1,884 | -594 | 11,972 |
| Accruals and Deferred Income | -305 | -5 | 157 | 157 | 1,288 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | -4,678 | -5,374 | 77 | 4,970 | 5,000 | -2,556 | 1,581 | 980 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -4,678 | -5,374 | 77 | 4,970 | 5,000 | -2,556 | 1,581 | 980 |
practical financial services limited Credit Report and Business Information
Practical Financial Services Limited Competitor Analysis
Perform a competitor analysis for practical financial services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in B92 area or any other competitors across 12 key performance metrics.
practical financial services limited Ownership
PRACTICAL FINANCIAL SERVICES LIMITED group structure
Practical Financial Services Limited has no subsidiary companies.
Ultimate parent company
PRACTICAL FINANCIAL SERVICES LIMITED
05745407
practical financial services limited directors
Practical Financial Services Limited currently has 1 director, Mr Christopher Bloomer serving since Apr 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Bloomer | United Kingdom | 58 years | Apr 2019 | - | Director |
P&L
March 2019turnover
79.9k
+4%
operating profit
1.6k
0%
gross margin
44.2%
+22.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
1.4k
+20.05%
total assets
22.4k
-0.15%
cash
0
0%
net assets
Total assets minus all liabilities
practical financial services limited company details
company number
05745407
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
March 2006
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2019
previous names
N/A
accountant
THURSFIELD & CO
auditor
-
address
32 oakslade drive, solihull, west midlands, B92 9QG
Bank
-
Legal Advisor
-
practical 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 practical financial services limited.
practical financial services limited Companies House Filings - See Documents
| date | description | view/download |
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