equiniti global payments limited
equiniti global payments limited Company Information
Company Number
06135586
Registered Address
highdown house yeoman way, worthing, west sussex, BN99 3HH
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
08448153240
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
equiniti holdings ltd 99.7%
equiniti holdings limited 0.4%
equiniti global payments limited Estimated Valuation
Pomanda estimates the enterprise value of EQUINITI GLOBAL PAYMENTS LIMITED at £15.6m based on a Turnover of £9.9m and 1.57x industry multiple (adjusted for size and gross margin).
equiniti global payments limited Estimated Valuation
Pomanda estimates the enterprise value of EQUINITI GLOBAL PAYMENTS LIMITED at £3.3m based on an EBITDA of £504k and a 6.5x industry multiple (adjusted for size and gross margin).
equiniti global payments limited Estimated Valuation
Pomanda estimates the enterprise value of EQUINITI GLOBAL PAYMENTS LIMITED at £11.7m based on Net Assets of £6.1m and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Equiniti Global Payments Limited Overview
Equiniti Global Payments Limited is a live company located in west sussex, BN99 3HH with a Companies House number of 06135586. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2007, it's largest shareholder is equiniti holdings ltd with a 99.6% stake. Equiniti Global Payments Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Equiniti Global Payments Limited Health Check
Pomanda's financial health check has awarded Equiniti Global Payments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £9.9m, make it larger than the average company (£4.6m)
£9.9m - Equiniti Global Payments Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (3.2%)
13% - Equiniti Global Payments Limited
3.2% - Industry AVG
Production
with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)
61.4% - Equiniti Global Payments Limited
61.4% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (10.8%)
5.1% - Equiniti Global Payments Limited
10.8% - Industry AVG
Employees
with 44 employees, this is above the industry average (15)
- Equiniti Global Payments Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Equiniti Global Payments Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £225.1k, this is equally as efficient (£226.9k)
- Equiniti Global Payments Limited
£226.9k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (30 days)
3 days - Equiniti Global Payments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (37 days)
7 days - Equiniti Global Payments Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Equiniti Global Payments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (39 weeks)
6 weeks - Equiniti Global Payments Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (58.9%)
38.2% - Equiniti Global Payments Limited
58.9% - Industry AVG
EQUINITI GLOBAL PAYMENTS LIMITED financials
Equiniti Global Payments Limited's latest turnover from December 2022 is £9.9 million and the company has net assets of £6.1 million. According to their latest financial statements, we estimate that Equiniti Global Payments Limited has 44 employees and maintains cash reserves of £455 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,903,000 | 9,017,000 | 8,559,000 | 6,952,000 | 1,078,000 | 2,375,000 | 2,218,000 | 3,195,000 | 2,762,000 | 1,494,082 | 1,296,740 | 1,115,726 | 626,156 | 396,311 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 321,355 | 176,402 | 105,977 | 96,514 | 61,107 | |||||||||
| Gross Profit | 1,172,727 | 1,120,338 | 1,009,749 | 529,642 | 335,204 | |||||||||
| Admin Expenses | 1,140,296 | 1,052,970 | 916,636 | 722,063 | 876,283 | |||||||||
| Operating Profit | 504,000 | 200,000 | 484,000 | 32,431 | 67,368 | 93,113 | -192,421 | -541,079 | ||||||
| Interest Payable | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,409 | 120,825 |
| Interest Receivable | 0 | 0 | 0 | 1,000 | 0 | 0 | 1,000 | 0 | 2,000 | 1,489 | 472 | 615 | 0 | 0 |
| Pre-Tax Profit | 504,000 | -1,505,000 | -664,000 | 1,769,000 | 798,000 | 1,995,000 | 1,258,000 | 200,000 | 486,000 | 33,920 | 67,840 | 93,728 | -178,012 | -661,904 |
| Tax | -224,000 | 399,000 | 127,000 | -339,000 | -150,000 | -391,000 | -279,000 | -64,000 | -82,000 | 7,163 | -16,596 | 318,838 | 0 | 0 |
| Profit After Tax | 280,000 | -1,106,000 | -537,000 | 1,430,000 | 648,000 | 1,604,000 | 979,000 | 136,000 | 404,000 | 41,083 | 51,244 | 412,566 | -178,012 | -661,904 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 280,000 | -1,106,000 | -537,000 | 1,430,000 | 648,000 | 1,604,000 | 979,000 | 136,000 | 404,000 | 41,083 | 51,244 | 412,566 | -178,012 | -661,904 |
| Employee Costs | 0 | 0 | 0 | 1,051,000 | 191,000 | 133,000 | 98,000 | 841,000 | 665,000 | |||||
| Number Of Employees | 1 | 1 | 16 | 14 | ||||||||||
| EBITDA* | 504,000 | 214,000 | 497,000 | 50,627 | 100,029 | 126,074 | -163,335 | -510,364 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 755,000 | 10,000 | 5,000 | 0 | 2,000 | 6,000 | 192,000 | 253,000 | 13,557 | 15,741 | 21,525 | 4,284 | 6,043 |
| Intangible Assets | 1,792,000 | 1,944,000 | 2,015,000 | 970,000 | 124,000 | 168,000 | 146,000 | 81,000 | 4,000 | 5,783 | 5,028 | 25,820 | 51,046 | 74,507 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 377,000 | 4,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,792,000 | 2,322,000 | 2,021,000 | 974,000 | 124,000 | 170,000 | 152,000 | 273,000 | 257,000 | 19,340 | 20,769 | 47,345 | 55,330 | 80,550 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 89,000 | 240,000 | 226,000 | 2,517,000 | 0 | 0 | 0 | 1,000 | 2,000 | 10,634,390 | 8,747,006 | 9,454,045 | 369,473 | 1,013,976 |
| Group Debtors | 7,576,000 | 5,216,000 | 4,532,000 | 2,169,000 | 4,957,000 | 5,235,000 | 2,817,000 | 1,142,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 31,000 | 237,000 | 61,000 | 90,000 | 0 | 101,000 | 159,000 | 2,027,000 | 6,310,000 | 410,323 | 392,381 | 380,871 | 18,292 | 8,697 |
| Cash | 455,000 | 379,000 | 45,000 | 3,000 | 0 | 100,000 | 73,000 | 855,000 | 1,167,000 | 1,135,761 | 813,411 | 666,208 | 399,882 | 56,678 |
| misc current assets | 0 | 351,000 | 1,683,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,151,000 | 6,423,000 | 6,675,000 | 4,779,000 | 4,957,000 | 5,436,000 | 3,049,000 | 4,025,000 | 7,479,000 | 12,180,474 | 9,952,798 | 10,501,124 | 787,647 | 1,079,351 |
| total assets | 9,943,000 | 8,745,000 | 8,696,000 | 5,753,000 | 5,081,000 | 5,606,000 | 3,201,000 | 4,298,000 | 7,736,000 | 12,199,814 | 9,973,567 | 10,548,469 | 842,977 | 1,159,901 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,956 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 81,000 | 96,000 | 289,000 | 0 | 0 | 57,000 | 773,000 | 27,000 | 89,000 | 11,445,715 | 9,262,223 | 9,863,180 | 575,371 | 1,011,980 |
| Group/Directors Accounts | 2,774,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 903,000 | 2,785,000 | 1,437,000 | 16,758,000 | 514,000 | 1,632,000 | 113,000 | 2,940,000 | 6,526,000 | 37,612 | 35,940 | 61,129 | 56,012 | 1,286,447 |
| total current liabilities | 3,758,000 | 2,881,000 | 1,726,000 | 16,758,000 | 515,000 | 1,689,000 | 886,000 | 2,967,000 | 6,615,000 | 11,483,327 | 9,298,163 | 9,924,309 | 631,383 | 2,355,383 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 41,000 | 0 | 0 | 0 | 2,000 | 0 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,000 | 0 | 0 | 0 | 1,000 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,799,000 | 2,881,000 | 1,726,000 | 16,758,000 | 516,000 | 1,689,000 | 888,000 | 2,967,000 | 6,615,000 | 11,483,327 | 9,298,163 | 9,924,309 | 631,383 | 2,355,383 |
| net assets | 6,144,000 | 5,864,000 | 6,970,000 | -11,005,000 | 4,565,000 | 3,917,000 | 2,313,000 | 1,331,000 | 1,121,000 | 716,487 | 675,404 | 624,160 | 211,594 | -1,195,482 |
| total shareholders funds | 6,144,000 | 5,864,000 | 6,970,000 | -11,005,000 | 4,565,000 | 3,917,000 | 2,313,000 | 1,331,000 | 1,121,000 | 716,487 | 675,404 | 624,160 | 211,594 | -1,195,482 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 504,000 | 200,000 | 484,000 | 32,431 | 67,368 | 93,113 | -192,421 | -541,079 | ||||||
| Depreciation | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 5,000 | 15,000 | 9,000 | 11,000 | 13,899 | 10,069 | 7,735 | 5,625 | 3,726 |
| Amortisation | 0 | 573,000 | 281,000 | 135,000 | 44,000 | 35,000 | 5,000 | 5,000 | 2,000 | 4,297 | 22,592 | 25,226 | 23,461 | 26,989 |
| Tax | -224,000 | 399,000 | 127,000 | -339,000 | -150,000 | -391,000 | -279,000 | -64,000 | -82,000 | 7,163 | -16,596 | 318,838 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,626,000 | 1,247,000 | 46,000 | -180,000 | -379,000 | 2,360,000 | -194,000 | -7,874,713 | -4,732,713 | 1,905,326 | -695,529 | 9,447,151 | -634,908 | 1,022,673 |
| Creditors | -15,000 | -193,000 | 289,000 | 0 | -57,000 | -716,000 | 746,000 | -11,418,715 | -11,356,715 | 2,183,492 | -600,957 | 9,287,809 | -436,609 | 1,011,980 |
| Accruals and Deferred Income | -1,882,000 | 1,348,000 | -15,321,000 | 16,244,000 | -1,118,000 | 1,519,000 | -2,827,000 | 2,902,388 | 6,488,388 | 1,672 | -25,189 | 5,117 | -1,230,435 | 1,286,447 |
| Deferred Taxes & Provisions | 41,000 | 0 | 0 | -2,000 | 2,000 | -4,000 | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,202,000 | -491,614 | 279,386 | 337,628 | 152,816 | 290,687 | -1,195,471 | 765,390 | ||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,774,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | -4,000 | 0 | 1,000 | 0 | 0 | 1,000 | 0 | 2,000 | 1,489 | 472 | 615 | -14,409 | -120,825 |
| cash flow from financing | 2,774,000 | -4,000 | 18,512,000 | -16,999,000 | 0 | 0 | 4,000 | 478,513 | 2,513 | 1,489 | 472 | 615 | 1,570,679 | -654,403 |
| cash and cash equivalents | ||||||||||||||
| cash | 76,000 | 334,000 | 42,000 | 3,000 | -100,000 | 27,000 | -782,000 | -280,761 | 31,239 | 322,350 | 147,203 | 266,326 | 343,204 | 56,678 |
| overdraft | 0 | 0 | 0 | -1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -56,956 | 56,956 |
| change in cash | 76,000 | 334,000 | 42,000 | 4,000 | -101,000 | 27,000 | -782,000 | -280,761 | 31,239 | 322,350 | 147,203 | 266,326 | 400,160 | -278 |
equiniti global payments limited Credit Report and Business Information
Equiniti Global Payments Limited Competitor Analysis
Perform a competitor analysis for equiniti global payments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
equiniti global payments limited Ownership
EQUINITI GLOBAL PAYMENTS LIMITED group structure
Equiniti Global Payments Limited has no subsidiary companies.
Ultimate parent company
2 parents
EQUINITI GLOBAL PAYMENTS LIMITED
06135586
equiniti global payments limited directors
Equiniti Global Payments Limited currently has 4 directors. The longest serving directors include Mr Simon Wadey (Jun 2020) and Mr Richard Pearson (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Wadey | United Kingdom | 48 years | Jun 2020 | - | Director |
| Mr Richard Pearson | United Kingdom | 58 years | Oct 2022 | - | Director |
| Mr Stuart Allin | United Kingdom | 49 years | Feb 2024 | - | Director |
| Mr David Yates | United Kingdom | 61 years | Apr 2024 | - | Director |
P&L
December 2022turnover
9.9m
+10%
operating profit
504k
0%
gross margin
61.5%
-0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.1m
+0.05%
total assets
9.9m
+0.14%
cash
455k
+0.2%
net assets
Total assets minus all liabilities
Similar Companies
equiniti global payments limited company details
company number
06135586
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
March 2007
age
17
accounts
Full Accounts
ultimate parent company
previous names
transglobal payment solutions limited (June 2018)
incorporated
UK
address
highdown house yeoman way, worthing, west sussex, BN99 3HH
last accounts submitted
December 2022
equiniti global payments 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 found 3 charges/mortgages relating to equiniti global payments limited. Currently there are 0 open charges and 3 have been satisfied in the past.
equiniti global payments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
