finance first north east limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FINANCE FIRST NORTH EAST LIMITED at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).
finance first north east limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FINANCE FIRST NORTH EAST LIMITED at £0 based on an EBITDA of £-724 and a 4.15x industry multiple (adjusted for size and gross margin).
finance first north east limitedEstimated Valuation
£64.3k
Pomanda estimates the enterprise value of FINANCE FIRST NORTH EAST LIMITED at £64.3k based on Net Assets of £52.2k and 1.23x industry multiple (adjusted for liquidity).
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Finance First North East LimitedOverview
Finance First North East Limited is a live company located in middlesbrough, TS2 1PS with a Companies House number of 06877578. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2009, it's largest shareholder is
ian stephen sanderson
with a 25% stake. Finance First North East Limited is a established,
unknown sized company, Pomanda has estimated its turnover at
£0 with
unknown
growth in recent years.
Pomanda's financial health check has awarded Finance First North East Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Finance First North East Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 144 weeks, this is more cash available to meet short term requirements (28 weeks)
- - Finance First North East Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.7%, this is a lower level of debt than the average (70.2%)
- - Finance First North East Limited
- - Industry AVG
FINANCE FIRST NORTH EAST LIMITED financials
EXPORT
Finance First North East Limited's latest turnover from April 2024 is estimated at 0 and the company has net assets of £52.2 thousand. According to their latest financial statements, we estimate that Finance First North East Limited has no employees and maintains cash reserves of £13.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
10,713
1,681,648
1,683,779
1,572,129
1,435,958
404,205
402,400
472,833
488,960
277,007
Other Income Or Grants
Cost Of Sales
4,286
697,188
679,479
626,176
509,534
142,053
153,564
182,008
197,953
113,766
Gross Profit
6,427
984,460
1,004,300
945,953
926,425
262,151
248,836
290,825
291,007
163,241
Admin Expenses
725
587
68
85,792
6,576
970,641
908,563
911,061
902,625
277,490
235,697
289,935
287,090
161,890
Operating Profit
-725
-587
-68
-85,792
-149
13,819
95,737
34,892
23,800
-15,339
13,139
890
3,917
1,351
Interest Payable
Interest Receivable
725
587
68
77
149
1,042
494
138
215
198
117
84
191
135
Pre-Tax Profit
-85,716
14,860
96,231
35,030
24,015
-15,141
13,256
974
4,108
1,486
Tax
-2,823
-18,284
-6,656
-4,803
-2,784
-224
-986
-386
Profit After Tax
-85,716
12,037
77,947
28,374
19,212
-15,141
10,472
750
3,122
1,100
Dividends Paid
Retained Profit
-85,716
12,037
77,947
28,374
19,212
-15,141
10,472
750
3,122
1,100
Employee Costs
70,124
769,562
742,206
695,971
618,619
176,972
179,265
175,813
168,943
113,774
Number Of Employees
1
11
11
11
10
3
3
3
3
2
EBITDA*
-725
-587
-68
-85,792
-149
20,182
100,766
36,492
24,567
-14,102
14,235
1,883
4,564
1,351
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
7,037
7,037
9,410
2,125
678
1,445
695
1,539
972
Intangible Assets
53,000
53,000
53,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
60,037
60,037
62,410
2,125
678
1,445
695
1,539
972
Stock & work in progress
Trade Debtors
50,053
50,348
59,190
61,733
30,989
Group Debtors
Misc Debtors
43,319
43,319
43,319
52,668
66,513
66,513
101,547
69,340
60,304
500
6,592
Cash
13,804
13,804
13,804
4,455
148,547
148,547
129,256
68,194
42,064
44,010
35,344
11,337
22,278
54,143
misc current assets
total current assets
57,123
57,123
57,123
57,123
215,060
215,060
230,803
137,534
102,368
94,063
86,192
77,119
84,011
85,132
total assets
57,123
57,123
57,123
57,123
275,097
275,097
293,213
139,659
103,046
95,508
86,887
78,658
84,983
85,132
Bank overdraft
Bank loan
Trade Creditors
3,275
3,275
625
1,775
1,716
95,201
71,439
73,682
80,757
84,028
Group/Directors Accounts
other short term finances
hp & lease commitments
2,576
other current liabilities
4,962
4,962
4,962
4,962
133,945
133,945
160,952
89,991
81,811
total current liabilities
4,962
4,962
4,962
4,962
137,220
137,220
164,153
91,766
83,527
95,201
71,439
73,682
80,757
84,028
loans
hp & lease commitments
3,220
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
3,220
total liabilities
4,962
4,962
4,962
4,962
137,220
137,220
167,373
91,766
83,527
95,201
71,439
73,682
80,757
84,028
net assets
52,161
52,161
52,161
52,161
137,877
137,877
125,840
47,893
19,519
307
15,448
4,976
4,226
1,104
total shareholders funds
52,161
52,161
52,161
52,161
137,877
137,877
125,840
47,893
19,519
307
15,448
4,976
4,226
1,104
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-725
-587
-68
-85,792
-149
13,819
95,737
34,892
23,800
-15,339
13,139
890
3,917
1,351
Depreciation
6,363
5,029
1,600
767
1,237
1,096
993
647
Amortisation
Tax
-2,823
-18,284
-6,656
-4,803
-2,784
-224
-986
-386
Stock
Debtors
-9,349
-13,845
-35,034
32,207
9,036
10,251
-795
-14,934
4,049
30,744
30,989
Creditors
-3,275
2,650
-1,150
59
-93,485
23,762
-2,243
-7,075
-3,271
84,028
Accruals and Deferred Income
-128,983
-27,007
70,961
8,180
81,811
Deferred Taxes & Provisions
Cash flow from operations
-725
-587
9,281
-204,205
-149
28,036
120,086
29,039
-2,161
10,455
24,142
-9,465
-30,437
54,004
Investing Activities
capital expenditure
60,037
-3,990
-65,314
-3,047
-1,987
-252
-1,560
-1,619
Change in Investments
cash flow from investments
60,037
-3,990
-65,314
-3,047
-1,987
-252
-1,560
-1,619
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-5,796
5,796
other long term liabilities
share issue
4
interest
725
587
68
77
149
1,042
494
138
215
198
117
84
191
135
cash flow from financing
725
587
68
77
149
-4,754
6,290
138
215
198
117
84
191
139
cash and cash equivalents
cash
9,349
-144,092
19,291
61,062
26,130
-1,946
8,666
24,007
-10,941
-31,865
54,143
overdraft
change in cash
9,349
-144,092
19,291
61,062
26,130
-1,946
8,666
24,007
-10,941
-31,865
54,143
finance first north east limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for finance first north east limited. Get real-time insights into finance first north east limited's credit score, group structure and payment trends.
Finance First North East Limited Competitor Analysis
Perform a competitor analysis for finance first north east limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in TS2 area or any other competitors across 12 key performance metrics.
finance first north east limited Ownership
FINANCE FIRST NORTH EAST LIMITED group structure
Finance First North East Limited has no subsidiary companies.
Ultimate parent company
FINANCE FIRST NORTH EAST LIMITED
06877578
FINANCE FIRST NORTH EAST LIMITED Shareholders
The largest shareholders in Finance First North East Limited include Ian Stephen Sanderson and Martin Derek Sharpe.
ian stephen sanderson
25%
martin derek sharpe
25%
david groom
25%
ian george huitson
25%
finance first north east limited directors
Finance First North East Limited currently has 4 directors.
The longest serving directors include
Mr Martin Sharpe (Apr 2009) and
Mr Ian Huitson (Apr 2009).
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
EVELYN PARTNERS LTD
auditor
-
address
suite 8 britannia house, brignell road riverside park, middlesbrough, TS2 1PS
Bank
-
Legal Advisor
-
finance first north east 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 first north east limited.
finance first north east 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 first north east limitedCompanies House Filings - See Documents
