ethicalfin limited
ethicalfin limited Company Information
Company Number
06604512
Website
https://ethicalfin.comRegistered Address
nova north 11 bressenden place, london, SW1E 5BY
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02078698313
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
alessandro mele 60%
alexandra mele 40%
ethicalfin limited Estimated Valuation
Pomanda estimates the enterprise value of ETHICALFIN LIMITED at £691.4k based on a Turnover of £500k and 1.38x industry multiple (adjusted for size and gross margin).
ethicalfin limited Estimated Valuation
Pomanda estimates the enterprise value of ETHICALFIN LIMITED at £0 based on an EBITDA of £-4.2k and a 5.56x industry multiple (adjusted for size and gross margin).
ethicalfin limited Estimated Valuation
Pomanda estimates the enterprise value of ETHICALFIN LIMITED at £70.7k based on Net Assets of £35.2k and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ethicalfin Limited Overview
Ethicalfin Limited is a live company located in london, SW1E 5BY with a Companies House number of 06604512. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2008, it's largest shareholder is alessandro mele with a 60% stake. Ethicalfin Limited is a established, micro sized company, Pomanda has estimated its turnover at £500k with rapid growth in recent years.
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Ethicalfin Limited Health Check
Pomanda's financial health check has awarded Ethicalfin Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
6 Weak
Size
annual sales of £500k, make it smaller than the average company (£5.5m)
- Ethicalfin Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 119%, show it is growing at a faster rate (4.9%)
- Ethicalfin Limited
4.9% - Industry AVG
Production
with a gross margin of 57.8%, this company has a comparable cost of product (57.8%)
- Ethicalfin Limited
57.8% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (9.1%)
- Ethicalfin Limited
9.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (16)
3 - Ethicalfin Limited
16 - Industry AVG
Pay Structure
on an average salary of £84.2k, the company has an equivalent pay structure (£84.2k)
- Ethicalfin Limited
£84.2k - Industry AVG
Efficiency
resulting in sales per employee of £166.7k, this is less efficient (£235k)
- Ethicalfin Limited
£235k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is near the average (30 days)
- Ethicalfin Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (34 days)
- Ethicalfin Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ethicalfin Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (37 weeks)
2 weeks - Ethicalfin Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.9%, this is a similar level of debt than the average (58.5%)
63.9% - Ethicalfin Limited
58.5% - Industry AVG
ETHICALFIN LIMITED financials
Ethicalfin Limited's latest turnover from December 2023 is estimated at £500 thousand and the company has net assets of £35.2 thousand. According to their latest financial statements, Ethicalfin Limited has 3 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 47,873 | 310,880 | 157,649 | 46,259 | 88,970 | 192,722 | 3,515 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 0 | 121,059 | 0 | ||||||||||||
| Gross Profit | 47,873 | 189,821 | 157,649 | ||||||||||||
| Admin Expenses | 119,019 | 162,640 | 162,864 | ||||||||||||
| Operating Profit | -71,146 | 27,181 | -5,215 | -94,628 | 13,062 | -12,842 | -226,735 | ||||||||
| Interest Payable | 0 | 0 | 32 | 187 | 145 | 31 | 0 | ||||||||
| Interest Receivable | 878 | 8,774 | 15 | 0 | 0 | 0 | 0 | ||||||||
| Pre-Tax Profit | -70,268 | 35,955 | -5,232 | -94,815 | 12,917 | -12,873 | -226,735 | ||||||||
| Tax | 0 | 0 | 0 | 3,152 | -13,152 | 0 | 47,805 | ||||||||
| Profit After Tax | -70,268 | 35,955 | -5,232 | -91,663 | -235 | -12,873 | -178,930 | ||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 30,000 | 0 | ||||||||
| Retained Profit | -70,268 | 35,955 | -5,232 | -91,663 | -235 | -42,873 | -178,930 | ||||||||
| Employee Costs | 0 | 8,000 | 7,000 | 0 | 14,000 | 14,000 | |||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* | -70,514 | 28,037 | -3,861 | -93,347 | 14,486 | -12,325 | -226,419 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 141 | 722 | 1,354 | 469 | 1,822 | 1,916 | 466 | 983 | 1,299 | 62 | 95 | 2,053 | 686 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 9,943 | 16,790 | 29,219 | 28,204 | 27,188 | 9,938 | 9,938 | 9,938 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 4,866 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,943 | 16,790 | 29,360 | 28,926 | 33,408 | 10,407 | 11,760 | 11,854 | 466 | 983 | 1,299 | 62 | 95 | 2,053 | 686 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 35,000 | 16,879 | 62,526 | 19,732 | 51,552 | 85,361 | 109,579 | 137,293 | 104,660 | 135,695 | 328,345 | 1,042 | 506 | 48,615 | 88,474 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 50,906 | 19,533 | 4,261 | 12,240 | 11,263 | 17,922 | 18,925 | 11,742 | 762 | 924 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,570 | 70,391 | 55,823 | 57,172 | 171,213 | 100,066 | 29,547 | 49,255 | 37,596 | 79,904 | 79,683 | 169,780 | 258,615 | 106,608 | 54,291 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,938 | 9,938 | 9,938 | 9,938 | 0 | 0 | 0 |
| total current assets | 87,476 | 106,803 | 122,610 | 89,144 | 234,028 | 203,349 | 158,051 | 198,290 | 152,956 | 226,461 | 417,966 | 180,760 | 259,121 | 155,223 | 142,765 |
| total assets | 97,419 | 123,593 | 151,970 | 118,070 | 267,436 | 213,756 | 169,811 | 210,144 | 153,422 | 227,444 | 419,265 | 180,822 | 259,216 | 157,276 | 143,451 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 9,519 | 9,351 | 9,983 | 5,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,242 | 4,378 | 5,378 | 4,935 | 5,885 | 1,248 | 9,226 | 7,818 | 7,605 | 6,690 | 86,269 | 34,476 | 130,807 | 74,705 | 46,305 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 111,868 | 86,868 | 0 | 27,806 | 55,761 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,066 | 971 | 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 | 0 |
| other current liabilities | 19,853 | 53,532 | 34,166 | 8,385 | 136,533 | 11,577 | 4,422 | 91,368 | 6,818 | 10,927 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,680 | 68,232 | 49,527 | 19,153 | 142,418 | 124,693 | 100,516 | 99,186 | 42,229 | 73,378 | 86,269 | 34,476 | 130,807 | 74,705 | 46,305 |
| loans | 28,534 | 35,374 | 39,102 | 44,167 | 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 | 0 |
| Accruals and Deferred Income | 0 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 28,534 | 35,374 | 39,102 | 44,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 62,214 | 103,606 | 88,629 | 63,320 | 142,418 | 124,693 | 100,516 | 99,186 | 42,229 | 73,378 | 86,269 | 34,476 | 130,807 | 74,705 | 46,305 |
| net assets | 35,205 | 19,987 | 63,341 | 54,750 | 125,018 | 89,063 | 69,295 | 110,958 | 111,193 | 154,066 | 332,996 | 146,346 | 128,409 | 82,571 | 97,146 |
| total shareholders funds | 35,205 | 19,987 | 63,341 | 54,750 | 125,018 | 89,063 | 69,295 | 110,958 | 111,193 | 154,066 | 332,996 | 146,346 | 128,409 | 82,571 | 97,146 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -71,146 | 27,181 | -5,215 | -94,628 | 13,062 | -12,842 | -226,735 | ||||||||
| Depreciation | 0 | 141 | 580 | 632 | 856 | 1,354 | 1,281 | 1,424 | 517 | 316 | 287 | 33 | 901 | 1,435 | 686 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 3,152 | -13,152 | 0 | 47,805 | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 49,494 | -30,375 | 34,815 | -35,709 | -35,602 | -25,221 | -20,531 | 43,613 | -31,197 | 135,577 | 327,303 | 536 | -48,109 | -39,859 | 88,474 |
| Creditors | -1,136 | -1,000 | 443 | -950 | 4,637 | -7,978 | 1,408 | 213 | 915 | -27,786 | 51,793 | -96,331 | 56,102 | 28,400 | 46,305 |
| Accruals and Deferred Income | -33,679 | 19,366 | 25,781 | -128,148 | 124,956 | 7,155 | -86,946 | 84,550 | -4,109 | 10,927 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -163,903 | 193,232 | 20,537 | -155,202 | 42,484 | 15,678 | -331,050 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | -1,187 | -2,874 | 0 | 0 | ||||||||
| Change in Investments | -6,847 | -12,429 | 1,015 | 1,016 | 17,250 | 0 | 0 | 9,938 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1,016 | -17,250 | 0 | -1,187 | -12,812 | 0 | 0 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 168 | -632 | 4,150 | 5,833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -111,868 | 25,000 | 86,868 | -27,806 | -27,955 | 55,761 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 95 | 971 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,840 | -3,728 | -5,065 | 44,167 | 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 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 878 | 8,774 | -17 | -187 | -145 | -31 | 0 | ||||||||
| cash flow from financing | 50,878 | -103,094 | 49,983 | 136,681 | -27,951 | -27,986 | 242,411 | ||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -68,821 | 14,568 | -1,349 | -114,041 | 71,147 | 70,519 | -19,708 | 11,659 | -42,308 | -89,876 | -90,097 | -88,835 | 152,007 | 52,317 | 54,291 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -68,821 | 14,568 | -1,349 | -114,041 | 71,147 | 70,519 | -19,708 | 11,659 | -42,308 | -89,876 | -90,097 | -88,835 | 152,007 | 52,317 | 54,291 |
ethicalfin limited Credit Report and Business Information
Ethicalfin Limited Competitor Analysis
Perform a competitor analysis for ethicalfin limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SW1E area or any other competitors across 12 key performance metrics.
ethicalfin limited Ownership
ETHICALFIN LIMITED group structure
Ethicalfin Limited has no subsidiary companies.
Ultimate parent company
ETHICALFIN LIMITED
06604512
ethicalfin limited directors
Ethicalfin Limited currently has 2 directors. The longest serving directors include Mrs Alexandra Mele (May 2008) and Mr Alessandro Mele (May 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Alexandra Mele | England | 55 years | May 2008 | - | Director |
| Mr Alessandro Mele | England | 53 years | May 2008 | - | Director |
P&L
December 2023turnover
500k
+24%
operating profit
-4.2k
0%
gross margin
57.9%
-5.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
35.2k
+0.76%
total assets
97.4k
-0.21%
cash
1.6k
-0.98%
net assets
Total assets minus all liabilities
Similar Companies
ethicalfin limited company details
company number
06604512
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
May 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
ad majora consulting limited (January 2015)
accountant
-
auditor
-
address
nova north 11 bressenden place, london, SW1E 5BY
Bank
-
Legal Advisor
-
ethicalfin 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 ethicalfin limited.
ethicalfin limited Companies House Filings - See Documents
| date | description | view/download |
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