millenium financial services (yorkshire) limited

millenium financial services (yorkshire) limited Company Information

Share MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED
Live 
EstablishedMicroDeclining

Company Number

06524051

Industry

Activities of insurance agents and brokers

 

Directors

Paul Lee

Shareholders

mr paul david lee

sharmayne repetto-lee

Group Structure

View All

Contact

Registered Address

91 crombie avenue, york, north yorkshire, YO30 6DW

millenium financial services (yorkshire) limited Estimated Valuation

£631

Pomanda estimates the enterprise value of MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED at £631 based on a Turnover of £548 and 1.15x industry multiple (adjusted for size and gross margin).

millenium financial services (yorkshire) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED at £0 based on an EBITDA of £-1.5k and a 4.61x industry multiple (adjusted for size and gross margin).

millenium financial services (yorkshire) limited Estimated Valuation

£21.8k

Pomanda estimates the enterprise value of MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED at £21.8k based on Net Assets of £7.9k and 2.76x industry multiple (adjusted for liquidity).

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Millenium Financial Services (yorkshire) Limited Overview

Millenium Financial Services (yorkshire) Limited is a live company located in north yorkshire, YO30 6DW with a Companies House number of 06524051. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in March 2008, it's largest shareholder is mr paul david lee with a 99% stake. Millenium Financial Services (yorkshire) Limited is a established, micro sized company, Pomanda has estimated its turnover at £548.1 with declining growth in recent years.

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Millenium Financial Services (yorkshire) Limited Health Check

Pomanda's financial health check has awarded Millenium Financial Services (Yorkshire) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £548.1, make it smaller than the average company (£2.9m)

£548.1 - Millenium Financial Services (yorkshire) Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (8.2%)

-41% - Millenium Financial Services (yorkshire) Limited

8.2% - Industry AVG

production

Production

with a gross margin of 60.9%, this company has a higher cost of product (95.4%)

60.9% - Millenium Financial Services (yorkshire) Limited

95.4% - Industry AVG

profitability

Profitability

an operating margin of -277.9% make it less profitable than the average company (18.4%)

-277.9% - Millenium Financial Services (yorkshire) Limited

18.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (19)

1 - Millenium Financial Services (yorkshire) Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £53k, the company has an equivalent pay structure (£53k)

£53k - Millenium Financial Services (yorkshire) Limited

£53k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £548.1, this is less efficient (£122.7k)

£548.1 - Millenium Financial Services (yorkshire) Limited

£122.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 184 days, this is later than average (67 days)

184 days - Millenium Financial Services (yorkshire) Limited

67 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16588 days, this is slower than average (94 days)

16588 days - Millenium Financial Services (yorkshire) Limited

94 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Millenium Financial Services (yorkshire) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Millenium Financial Services (yorkshire) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.6%, this is a similar level of debt than the average (57.4%)

56.6% - Millenium Financial Services (yorkshire) Limited

57.4% - Industry AVG

MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED financials

EXPORTms excel logo

Millenium Financial Services (Yorkshire) Limited's latest turnover from March 2024 is estimated at £548 and the company has net assets of £7.9 thousand. According to their latest financial statements, we estimate that Millenium Financial Services (Yorkshire) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover5481,8612,9102,6185,58815,36834,78934,5058712,0316871,27302,909932
Other Income Or Grants000000000000000
Cost Of Sales2147151,0541,0452,1956,43715,78316,30038396336474701,617487
Gross Profit3341,1461,8551,5733,3938,93219,00518,2054881,06932352601,292446
Admin Expenses1,8573,9273,8014,2327,69913,48214,7378,572-6,1372,87684-2,791-10,10013,226-17,211
Operating Profit-1,523-2,781-1,946-2,659-4,306-4,5504,2689,6336,625-1,8072393,31710,100-11,93417,657
Interest Payable000000000000000
Interest Receivable0000000917000055
Pre-Tax Profit-1,523-2,781-1,946-2,659-4,306-4,5504,2689,6416,643-1,8072393,31710,100-11,92917,663
Tax000000-811-1,928-1,3280-55-796-2,6260-4,945
Profit After Tax-1,523-2,781-1,946-2,659-4,306-4,5503,4577,7135,314-1,8071842,5217,474-11,92912,717
Dividends Paid000000000000000
Retained Profit-1,523-2,781-1,946-2,659-4,306-4,5503,4577,7135,314-1,8071842,5217,474-11,92912,717
Employee Costs52,98748,68948,46649,10845,44943,96842,97642,88742,21441,29540,11639,381036,81639,731
Number Of Employees111111111111011
EBITDA*-1,523-2,781-1,946-2,659-4,306-4,5504,2689,6336,641-1,8072673,35410,149-11,86917,744

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets17,88618,01518,18618,41518,71919,12418,46417,543557192120157206271
Intangible Assets0000000017,50017,50017,50017,50017,50017,50017,500
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets17,88618,01518,18618,41518,71919,12418,46417,54317,55517,57117,59217,62017,65717,70617,771
Stock & work in progress000000000000000
Trade Debtors2771,0461,8371,3182,7949,44020,08217,752364953306623000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash000000006,838000002,137
misc current assets000000000000000
total current assets2771,0461,8371,3182,7949,44020,08217,7527,202953306623002,137
total assets18,16319,06120,02319,73321,51328,56438,54635,29524,75718,52417,89818,24317,65717,70619,908
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 9,7289,1035,2845,0483,7205,86412,90213,10810,1839,2646,8317,360016,8187,191
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities9,7289,1035,2845,0483,7205,86412,90213,10810,1839,2646,8317,360016,8187,191
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income5565562,556556556556000000000
other liabilities00004491,0500000009,29500
provisions000000000000000
total long term liabilities5565562,5565561,0051,6060000009,29500
total liabilities10,2849,6597,8405,6044,7257,47012,90213,10810,1839,2646,8317,3609,29516,8187,191
net assets7,8799,40212,18314,12916,78821,09425,64422,18714,5749,26011,06710,8838,36288812,717
total shareholders funds7,8799,40212,18314,12916,78821,09425,64422,18714,5749,26011,06710,8838,36288812,717
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-1,523-2,781-1,946-2,659-4,306-4,5504,2689,6336,625-1,8072393,31710,100-11,93417,657
Depreciation000000001602837496587
Amortisation000000000000000
Tax000000-811-1,928-1,3280-55-796-2,6260-4,945
Stock000000000000000
Debtors-769-791519-1,476-6,646-10,6422,33017,388-589647-317623000
Creditors6253,8192361,328-2,144-7,038-2062,9259192,433-5297,360-16,8189,6277,191
Accruals and Deferred Income0-2,0002,00000556000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-129-171-229145196-390921-6,7586,821-2109,295-9,295-2,24219,990
Investing Activities
capital expenditure129171229304405-660-921120210000-17,858
Change in Investments000000000000000
cash flow from investments129171229304405-660-921120210000-17,858
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000-449-6011,05000000-9,2959,29500
share issue0000000-100000001000
interest0000000917000055
cash flow from financing000-449-6011,0500-911700-9,2959,2951055
cash and cash equivalents
cash0000000-6,8386,8380000-2,1372,137
overdraft000000000000000
change in cash0000000-6,8386,8380000-2,1372,137

millenium financial services (yorkshire) 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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Millenium Financial Services (yorkshire) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for millenium financial services (yorkshire) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in YO30 area or any other competitors across 12 key performance metrics.

millenium financial services (yorkshire) limited Ownership

MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED group structure

Millenium Financial Services (Yorkshire) Limited has no subsidiary companies.

Ultimate parent company

MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED

06524051

MILLENIUM FINANCIAL SERVICES (YORKSHIRE) LIMITED Shareholders

mr paul david lee 99.01%
sharmayne repetto-lee 0.99%

millenium financial services (yorkshire) limited directors

Millenium Financial Services (Yorkshire) Limited currently has 1 director, Mr Paul Lee serving since Mar 2008.

officercountryagestartendrole
Mr Paul LeeEngland52 years Mar 2008- Director

P&L

March 2024

turnover

548.1

-71%

operating profit

-1.5k

0%

gross margin

61%

-1.01%

turnover

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

Balance Sheet

March 2024

net assets

7.9k

-0.16%

total assets

18.2k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

millenium financial services (yorkshire) limited company details

company number

06524051

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

March 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

TAXASSIST HARROGATE

auditor

-

address

91 crombie avenue, york, north yorkshire, YO30 6DW

Bank

-

Legal Advisor

-

millenium financial services (yorkshire) 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 millenium financial services (yorkshire) limited.

charges

millenium financial services (yorkshire) limited Companies House Filings - See Documents

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