finance contractors limited

finance contractors limited Company Information

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Company Number

06046915

Industry

Financial management

 

Shareholders

bina khatwani

aakash khatwani

Group Structure

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Contact

Registered Address

17 hartland drive, edgware, middlesex, HA8 8RJ

finance contractors limited Estimated Valuation

£85k

Pomanda estimates the enterprise value of FINANCE CONTRACTORS LIMITED at £85k based on a Turnover of £142.4k and 0.6x industry multiple (adjusted for size and gross margin).

finance contractors limited Estimated Valuation

£61.3k

Pomanda estimates the enterprise value of FINANCE CONTRACTORS LIMITED at £61.3k based on an EBITDA of £16.6k and a 3.69x industry multiple (adjusted for size and gross margin).

finance contractors limited Estimated Valuation

£84.9k

Pomanda estimates the enterprise value of FINANCE CONTRACTORS LIMITED at £84.9k based on Net Assets of £25.4k and 3.35x industry multiple (adjusted for liquidity).

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Finance Contractors Limited Overview

Finance Contractors Limited is a live company located in middlesex, HA8 8RJ with a Companies House number of 06046915. It operates in the financial management sector, SIC Code 70221. Founded in January 2007, it's largest shareholder is bina khatwani with a 75% stake. Finance Contractors Limited is a established, micro sized company, Pomanda has estimated its turnover at £142.4k with healthy growth in recent years.

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Finance Contractors Limited Health Check

Pomanda's financial health check has awarded Finance Contractors Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £142.4k, make it smaller than the average company (£847.2k)

£142.4k - Finance Contractors Limited

£847.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.6%)

14% - Finance Contractors Limited

9.6% - Industry AVG

production

Production

with a gross margin of 36%, this company has a higher cost of product (80.9%)

36% - Finance Contractors Limited

80.9% - Industry AVG

profitability

Profitability

an operating margin of 11.7% make it more profitable than the average company (8.3%)

11.7% - Finance Contractors Limited

8.3% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (5)

3 - Finance Contractors Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)

£52.2k - Finance Contractors Limited

£52.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.5k, this is less efficient (£140.7k)

£47.5k - Finance Contractors Limited

£140.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 128 days, this is later than average (71 days)

128 days - Finance Contractors Limited

71 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (38 days)

111 days - Finance Contractors Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Finance Contractors Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Finance Contractors Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.5%, this is a similar level of debt than the average (52.7%)

52.5% - Finance Contractors Limited

52.7% - Industry AVG

FINANCE CONTRACTORS LIMITED financials

EXPORTms excel logo

Finance Contractors Limited's latest turnover from January 2024 is estimated at £142.4 thousand and the company has net assets of £25.4 thousand. According to their latest financial statements, Finance Contractors Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover142,40520,18815,25595,13561,51542,55532,938008211,12221,14425,29500
Other Income Or Grants000000000000000
Cost Of Sales91,19712,83910,37361,50543,40830,62320,7330062786715,79217,87900
Gross Profit51,2097,3494,88233,63018,10711,93212,204001942555,3527,41600
Admin Expenses34,5855,14712,03021,3951,80822,4483,922001,20678921,897-15,34600
Operating Profit16,6242,202-7,14812,23516,299-10,5168,28200-1,012-534-16,54522,76200
Interest Payable000000000000000
Interest Receivable0000079530001393900
Pre-Tax Profit16,6242,202-7,14812,23516,299-10,4378,33500-1,012-533-16,50622,80100
Tax-4,156-4180-2,325-3,0970-1,58400000-5,92800
Profit After Tax12,4681,784-7,1489,91013,202-10,4376,75100-1,012-533-16,50616,87300
Dividends Paid000000000000000
Retained Profit12,4681,784-7,1489,91013,202-10,4376,75100-1,012-533-16,50616,87300
Employee Costs156,61353,11845,46540,91647,30256,64851,7630052,44445,04750,99137,88200
Number Of Employees311111100111100
EBITDA*16,6242,202-7,14812,23516,299-10,5168,28200-1,012-534-16,20723,21200

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets3,1452,0971,0481,3231,5988251,1000001,0121,0121,35000
Intangible Assets000000000000000
Investments & Other00001000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,1452,0971,0481,3231,6988251,1000001,0121,0121,35000
Stock & work in progress000000000000000
Trade Debtors50,17712,14510,05268,14734,91316,8503,02400005,3006,75000
Group Debtors000000000000000
Misc Debtors0000006700000000
Cash00000021,12200016513315,57500
misc current assets000000000000000
total current assets50,17712,14510,05268,14734,91316,85024,2130001655,43322,32500
total assets53,32214,24211,10069,47036,61117,67525,3130001,1776,44523,67500
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 27,9701,358051,22228,27322,5390001,0781,2435,9786,70200
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000019,6401,0781,078000000
total current liabilities27,9701,358051,22228,27322,53919,6401,0781,0781,0781,2435,9786,70200
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities27,9701,358051,22228,27322,53919,6401,0781,0781,0781,2435,9786,70200
net assets25,35212,88411,10018,2488,338-4,8645,673-1,078-1,078-1,078-6646716,97300
total shareholders funds25,35212,88411,10018,2488,338-4,8645,673-1,078-1,078-1,078-6646716,97300
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit16,6242,202-7,14812,23516,299-10,5168,28200-1,012-534-16,54522,76200
Depreciation0000000000033845000
Amortisation000000000000000
Tax-4,156-4180-2,325-3,0970-1,58400000-5,92800
Stock000000000000000
Debtors38,0322,093-58,09533,23418,06313,7593,091000-5,300-1,4506,75000
Creditors26,6121,358-51,22222,9495,73422,53900-1,078-165-4,735-7246,70200
Accruals and Deferred Income00000-19,64018,56201,078000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,0481,049-275-375873-21,37622,16900-1,17731-15,48117,23600
Investing Activities
capital expenditure-1,048-1,049275275-773275-1,100001,01200-1,80000
Change in Investments000-1001000000000000
cash flow from investments-1,048-1,049275375-873275-1,100001,01200-1,80000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000-10000000010000
interest0000079530001393900
cash flow from financing00000-215300013913900
cash and cash equivalents
cash00000-21,12221,12200-16532-15,44215,57500
overdraft000000000000000
change in cash00000-21,12221,12200-16532-15,44215,57500

finance contractors 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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Finance Contractors Limited Competitor Analysis

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Perform a competitor analysis for finance contractors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA8 area or any other competitors across 12 key performance metrics.

finance contractors limited Ownership

FINANCE CONTRACTORS LIMITED group structure

Finance Contractors Limited has no subsidiary companies.

Ultimate parent company

FINANCE CONTRACTORS LIMITED

06046915

FINANCE CONTRACTORS LIMITED Shareholders

bina khatwani 75%
aakash khatwani 25%

finance contractors limited directors

Finance Contractors Limited currently has 1 director, Mr Aakash Khatwani serving since Jan 2007.

officercountryagestartendrole
Mr Aakash Khatwani47 years Jan 2007- Director

P&L

January 2024

turnover

142.4k

+605%

operating profit

16.6k

0%

gross margin

36%

-1.22%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

25.4k

+0.97%

total assets

53.3k

+2.74%

cash

0

0%

net assets

Total assets minus all liabilities

finance contractors limited company details

company number

06046915

Type

Private limited with Share Capital

industry

70221 - Financial management

incorporation date

January 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

17 hartland drive, edgware, middlesex, HA8 8RJ

Bank

-

Legal Advisor

-

finance contractors 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 finance contractors limited.

finance contractors 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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finance contractors limited Companies House Filings - See Documents

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