promontory financial group (uk) limited
promontory financial group (uk) limited Company Information
Company Number
05869922
Next Accounts
Apr 2025
Shareholders
ibm united kingdom limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Website
www.promontory.compromontory financial group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROMONTORY FINANCIAL GROUP (UK) LIMITED at £15.4m based on a Turnover of £17.4m and 0.88x industry multiple (adjusted for size and gross margin).
promontory financial group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROMONTORY FINANCIAL GROUP (UK) LIMITED at £13.2m based on an EBITDA of £2m and a 6.46x industry multiple (adjusted for size and gross margin).
promontory financial group (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of PROMONTORY FINANCIAL GROUP (UK) LIMITED at £35m based on Net Assets of £16.4m and 2.13x industry multiple (adjusted for liquidity).
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Promontory Financial Group (uk) Limited Overview
Promontory Financial Group (uk) Limited is a dissolved company that was located in london, EC4M 7RB with a Companies House number of 05869922. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2006, it's largest shareholder was ibm united kingdom limited with a 100% stake. The last turnover for Promontory Financial Group (uk) Limited was estimated at £17.4m.
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Promontory Financial Group (uk) Limited Health Check
Pomanda's financial health check has awarded Promontory Financial Group (Uk) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
4 Weak
Size
annual sales of £17.4m, make it larger than the average company (£2.7m)
£17.4m - Promontory Financial Group (uk) Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.5%)
-12% - Promontory Financial Group (uk) Limited
4.5% - Industry AVG
Production
with a gross margin of 48.5%, this company has a lower cost of product (37.2%)
48.5% - Promontory Financial Group (uk) Limited
37.2% - Industry AVG
Profitability
an operating margin of 11.2% make it more profitable than the average company (5.7%)
11.2% - Promontory Financial Group (uk) Limited
5.7% - Industry AVG
Employees
with 55 employees, this is above the industry average (23)
55 - Promontory Financial Group (uk) Limited
23 - Industry AVG
Pay Structure
on an average salary of £166k, the company has a higher pay structure (£44.3k)
£166k - Promontory Financial Group (uk) Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £316.5k, this is more efficient (£148.5k)
£316.5k - Promontory Financial Group (uk) Limited
£148.5k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (46 days)
55 days - Promontory Financial Group (uk) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (33 days)
2 days - Promontory Financial Group (uk) Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Promontory Financial Group (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (20 weeks)
45 weeks - Promontory Financial Group (uk) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.4%, this is a lower level of debt than the average (67.4%)
16.4% - Promontory Financial Group (uk) Limited
67.4% - Industry AVG
PROMONTORY FINANCIAL GROUP (UK) LIMITED financials
Promontory Financial Group (Uk) Limited's latest turnover from December 2018 is £17.4 million and the company has net assets of £16.4 million. According to their latest financial statements, Promontory Financial Group (Uk) Limited has 55 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,405,500 | 14,813,414 | 16,473,712 | 25,609,651 | 21,242,581 | 15,704,374 | 10,115,597 | 9,629,608 | 4,485,824 | |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 8,968,765 | 9,178,530 | 5,089,288 | 12,963,097 | 8,465,103 | 3,390,899 | 2,278,755 | 2,690,419 | 700,536 | |
| Gross Profit | 8,436,735 | 5,634,884 | 11,384,424 | 12,646,554 | 12,777,478 | 12,313,475 | 7,836,842 | 6,939,189 | 3,785,288 | |
| Admin Expenses | 6,491,482 | 4,200,639 | 8,471,984 | 7,280,126 | 7,655,591 | 10,056,590 | 7,381,993 | 4,859,542 | 2,634,615 | |
| Operating Profit | 1,945,253 | 1,434,245 | 2,912,440 | 5,366,428 | 5,121,887 | 2,256,885 | 454,849 | 2,079,647 | 1,150,673 | |
| Interest Payable | 447 | 11,408 | 34 | 607 | ||||||
| Interest Receivable | 13,333 | 641 | 1,730 | 212 | 302 | 116 | ||||
| Pre-Tax Profit | 1,958,586 | 1,434,439 | 2,901,032 | 5,366,428 | 5,124,168 | 2,258,615 | 455,027 | 2,079,949 | 1,150,182 | |
| Tax | -402,194 | -261,202 | -617,595 | -1,097,288 | -1,131,746 | -567,661 | -178,737 | -579,795 | -330,510 | |
| Profit After Tax | 1,556,392 | 1,173,237 | 2,283,437 | 4,269,140 | 3,992,422 | 1,690,954 | 276,290 | 1,500,154 | 819,672 | |
| Dividends Paid | 2,000,000 | |||||||||
| Retained Profit | 1,556,392 | 1,173,237 | 2,283,437 | 2,269,140 | 3,992,422 | 1,690,954 | 276,290 | 1,500,154 | 819,672 | |
| Employee Costs | 9,131,028 | 7,745,266 | 8,196,169 | 7,471,297 | 7,242,720 | 8,850,827 | 6,067,306 | 4,740,733 | ||
| Number Of Employees | 55 | 52 | 54 | 54 | 43 | 40 | 29 | 20 | ||
| EBITDA* | 2,049,930 | 1,519,697 | 3,054,720 | 5,523,391 | 5,277,412 | 2,382,422 | 614,619 | 2,178,586 | 1,182,158 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 308,103 | 379,281 | 283,716 | 407,549 | 523,107 | 655,000 | 646,950 | 122,630 | 186,440 | 201,986 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 308,103 | 379,281 | 283,716 | 407,549 | 523,107 | 655,000 | 646,950 | 122,630 | 186,440 | 201,986 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 2,650,768 | 4,378,148 | 771,827 | 2,700,796 | 2,330,262 | 1,795,373 | 2,227,579 | 1,180,294 | 2,479,861 | 383,945 |
| Group Debtors | 11,949,521 | 9,140,092 | 11,242,534 | 6,113,067 | 2,745,517 | 1,737,813 | 464,125 | 436,701 | 1,660,266 | |
| Misc Debtors | 1,876,869 | 3,201,577 | 2,594,248 | 2,507,530 | 2,207,517 | 3,484,715 | 2,188,153 | 640,850 | 438,072 | |
| Cash | 2,833,247 | 499,999 | 1,789,053 | 4,036,114 | 4,873,752 | 462,718 | 1,651,002 | 1,362,150 | 328,861 | 330,097 |
| misc current assets | ||||||||||
| total current assets | 19,310,405 | 17,219,816 | 16,397,662 | 15,357,507 | 12,157,048 | 7,480,619 | 6,530,859 | 3,619,995 | 2,808,722 | 2,812,380 |
| total assets | 19,618,508 | 17,599,097 | 16,681,378 | 15,765,056 | 12,680,155 | 8,135,619 | 7,177,809 | 3,742,625 | 2,995,162 | 3,014,366 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 65,805 | 367,223 | 159,518 | 1,893,652 | 1,034,760 | 156,987 | 389,855 | 132,741 | 1,330,820 | 19,966 |
| Group/Directors Accounts | 79,693 | 109,939 | 5,838 | 6,679 | 28 | 2,437 | 952,859 | 22,681 | ||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 3,074,233 | 2,094,252 | 2,603,760 | 2,178,084 | 2,252,712 | 2,662,685 | 2,325,204 | 422,707 | 1,204,665 | |
| total current liabilities | 3,219,731 | 2,571,414 | 2,769,116 | 4,078,415 | 3,287,500 | 2,822,109 | 3,667,918 | 578,129 | 1,330,820 | 1,224,631 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 185,298 | 243,114 | 300,930 | 242,553 | 155,829 | 69,105 | ||||
| other liabilities | ||||||||||
| provisions | 33,531 | 33,531 | 7,590 | 7,590 | 7,590 | 7,590 | ||||
| total long term liabilities | 185,298 | 243,114 | 300,930 | 276,084 | 189,360 | 76,695 | 7,590 | 7,590 | 7,590 | |
| total liabilities | 3,219,731 | 2,756,712 | 3,012,230 | 4,379,345 | 3,563,584 | 3,011,469 | 3,744,613 | 585,719 | 1,338,410 | 1,232,221 |
| net assets | 16,398,777 | 14,842,385 | 13,669,148 | 11,385,711 | 9,116,571 | 5,124,150 | 3,433,196 | 3,156,906 | 1,656,752 | 1,782,145 |
| total shareholders funds | 16,398,777 | 14,842,385 | 13,669,148 | 11,385,711 | 9,116,571 | 5,124,150 | 3,433,196 | 3,156,906 | 1,656,752 | 1,782,145 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,945,253 | 1,434,245 | 2,912,440 | 5,366,428 | 5,121,887 | 2,256,885 | 454,849 | 2,079,647 | 1,150,673 | |
| Depreciation | 104,677 | 85,452 | 142,280 | 156,963 | 155,525 | 125,537 | 159,770 | 98,939 | 34,032 | 31,485 |
| Amortisation | ||||||||||
| Tax | -402,194 | -261,202 | -617,595 | -1,097,288 | -1,131,746 | -567,661 | -178,737 | -579,795 | -330,510 | |
| Stock | ||||||||||
| Debtors | -242,659 | 2,111,208 | 3,287,216 | 4,038,097 | 265,395 | 4,760,056 | 2,622,012 | -222,016 | -2,422 | 2,482,283 |
| Creditors | -301,418 | 207,705 | -1,734,134 | 858,892 | 877,773 | 24,246 | 257,114 | -1,198,079 | 1,310,854 | 19,966 |
| Accruals and Deferred Income | 794,683 | -567,324 | 367,860 | -16,251 | -323,249 | 2,395,807 | 1,971,602 | 422,707 | -1,204,665 | 1,204,665 |
| Deferred Taxes & Provisions | -33,531 | 25,941 | 7,590 | |||||||
| Cash flow from operations | 2,383,660 | -1,212,332 | -2,216,365 | 1,197,116 | 4,434,795 | -499,301 | 42,586 | 1,045,435 | -398,414 | |
| Investing Activities | ||||||||||
| capital expenditure | -23,635 | -133,588 | -684,090 | -35,129 | ||||||
| Change in Investments | ||||||||||
| cash flow from investments | -23,635 | -133,588 | -684,090 | -35,129 | ||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | -30,246 | 104,101 | -841 | 6,651 | -2,409 | -20,244 | 930,178 | 22,681 | ||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 13,333 | 194 | -11,408 | 1,730 | 178 | 302 | -491 | |||
| cash flow from financing | -16,913 | 104,295 | -12,249 | 6,651 | -2,410 | 257,776 | 930,356 | 22,983 | 961,982 | |
| cash and cash equivalents | ||||||||||
| cash | 2,333,248 | -1,289,054 | -2,247,061 | -837,638 | 4,411,034 | -899,432 | 288,852 | 1,033,289 | -1,236 | 330,097 |
| overdraft | ||||||||||
| change in cash | 2,333,248 | -1,289,054 | -2,247,061 | -837,638 | 4,411,034 | -899,432 | 288,852 | 1,033,289 | -1,236 | 330,097 |
promontory financial group (uk) limited Credit Report and Business Information
Promontory Financial Group (uk) Limited Competitor Analysis
Perform a competitor analysis for promontory financial group (uk) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EC4M area or any other competitors across 12 key performance metrics.
promontory financial group (uk) limited Ownership
PROMONTORY FINANCIAL GROUP (UK) LIMITED group structure
Promontory Financial Group (Uk) Limited has no subsidiary companies.
Ultimate parent company
INTERNATIONAL BUSINESS MACHINES CORP
#0044739
2 parents
PROMONTORY FINANCIAL GROUP (UK) LIMITED
05869922
promontory financial group (uk) limited directors
Promontory Financial Group (Uk) Limited currently has 2 directors. The longest serving directors include Mr Eugene Ludwig (Jul 2006) and Mr Charles McDonough (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Eugene Ludwig | England | 78 years | Jul 2006 | - | Director |
| Mr Charles McDonough | 62 years | Jun 2016 | - | Director |
P&L
December 2018turnover
17.4m
+17%
operating profit
1.9m
+36%
gross margin
48.5%
+27.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
16.4m
+0.1%
total assets
19.6m
+0.11%
cash
2.8m
+4.67%
net assets
Total assets minus all liabilities
promontory financial group (uk) limited company details
company number
05869922
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Bank
-
Legal Advisor
-
promontory financial group (uk) 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 promontory financial group (uk) limited.
promontory financial group (uk) 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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promontory financial group (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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