getmefinance limited
getmefinance limited Company Information
Company Number
07140831
Next Accounts
511 days late
Directors
Shareholders
shaun gill
reece jon bailey
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
lawrence house, 5 st andrews hill, norwich, norfolk, NR2 1AD
Website
www.getmefinance.comgetmefinance limited Estimated Valuation
Pomanda estimates the enterprise value of GETMEFINANCE LIMITED at £521k based on a Turnover of £630.7k and 0.83x industry multiple (adjusted for size and gross margin).
getmefinance limited Estimated Valuation
Pomanda estimates the enterprise value of GETMEFINANCE LIMITED at £15.3k based on an EBITDA of £5.4k and a 2.85x industry multiple (adjusted for size and gross margin).
getmefinance limited Estimated Valuation
Pomanda estimates the enterprise value of GETMEFINANCE LIMITED at £57.4k based on Net Assets of £44k and 1.31x industry multiple (adjusted for liquidity).
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Getmefinance Limited Overview
Getmefinance Limited is a live company located in norwich, NR2 1AD with a Companies House number of 07140831. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2010, it's largest shareholder is shaun gill with a 90% stake. Getmefinance Limited is a established, small sized company, Pomanda has estimated its turnover at £630.7k with healthy growth in recent years.
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Getmefinance Limited Health Check
Pomanda's financial health check has awarded Getmefinance Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £630.7k, make it smaller than the average company (£4.2m)
- Getmefinance Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (1.9%)
- Getmefinance Limited
1.9% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (59.4%)
- Getmefinance Limited
59.4% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (11.7%)
- Getmefinance Limited
11.7% - Industry AVG
Employees
with 5 employees, this is below the industry average (12)
5 - Getmefinance Limited
12 - Industry AVG
Pay Structure
on an average salary of £74k, the company has an equivalent pay structure (£74k)
- Getmefinance Limited
£74k - Industry AVG
Efficiency
resulting in sales per employee of £126.1k, this is less efficient (£210k)
- Getmefinance Limited
£210k - Industry AVG
Debtor Days
it gets paid by customers after 155 days, this is later than average (35 days)
- Getmefinance Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 168 days, this is slower than average (46 days)
- Getmefinance Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (32 days)
- Getmefinance Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (33 weeks)
3 weeks - Getmefinance Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.7%, this is a higher level of debt than the average (68.1%)
86.7% - Getmefinance Limited
68.1% - Industry AVG
GETMEFINANCE LIMITED financials
Getmefinance Limited's latest turnover from January 2022 is estimated at £630.7 thousand and the company has net assets of £44 thousand. According to their latest financial statements, Getmefinance Limited has 5 employees and maintains cash reserves of £16.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 566,233 | 240,136 | 185,402 | 259,534 | 100,355 | 10,375 | ||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 367,049 | 61,330 | 8,155 | 94,541 | 55,052 | 4,750 | ||||||
| Gross Profit | 199,184 | 178,806 | 177,247 | 164,993 | 45,303 | 5,625 | ||||||
| Admin Expenses | 194,314 | 176,750 | 154,775 | 149,947 | 42,492 | 5,943 | ||||||
| Operating Profit | 4,870 | 2,056 | 22,472 | 15,046 | 2,811 | -318 | ||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 4,870 | 2,056 | 22,472 | 15,046 | 2,811 | -318 | ||||||
| Tax | -974 | -411 | -4,494 | -3,009 | -503 | |||||||
| Profit After Tax | 3,896 | 1,645 | 17,978 | 12,037 | 2,308 | -318 | ||||||
| Dividends Paid | 3,000 | 13,000 | 12,000 | |||||||||
| Retained Profit | 896 | 1,645 | 4,978 | 37 | 2,308 | -318 | ||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 5 | 2 | 2 | |||||||||
| EBITDA* | 4,870 | 2,056 | 22,472 | 15,046 | 2,811 | -318 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,209 | 1,761 | ||||||||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 3,209 | 1,761 | ||||||||||
| Stock & work in progress | 30,187 | 4,680 | 2,000 | 2,000 | 2,000 | 10,900 | 4,500 | |||||
| Trade Debtors | 269,562 | 299,298 | 139,726 | 148,131 | 41,824 | 59,941 | 31,449 | |||||
| Group Debtors | ||||||||||||
| Misc Debtors | 9,895 | 10,158 | 13,375 | 79,716 | 87,197 | 114,184 | 107,149 | 80,446 | ||||
| Cash | 16,742 | 32,071 | 54,578 | 1 | 1 | 3,314 | ||||||
| misc current assets | ||||||||||||
| total current assets | 326,386 | 341,527 | 212,359 | 148,131 | 41,824 | 59,941 | 79,717 | 89,198 | 116,184 | 109,149 | 91,346 | 39,263 |
| total assets | 329,595 | 343,288 | 212,359 | 148,131 | 41,824 | 59,941 | 79,717 | 89,198 | 116,184 | 109,149 | 91,346 | 39,263 |
| Bank overdraft | 16,580 | 11,077 | 15,434 | 8,796 | 13,211 | |||||||
| Bank loan | 1,025 | 2,331 | 6,538 | 12,566 | ||||||||
| Trade Creditors | 241,477 | 258,759 | 159,713 | 115,745 | 30,176 | 49,865 | 350 | 300 | 10,300 | 300 | 875 | 500 |
| Group/Directors Accounts | 80,650 | 54,409 | 39,030 | |||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 53,240 | 68,145 | 81,113 | 3,045 | 503 | 50 | ||||||
| total current liabilities | 241,477 | 258,759 | 159,713 | 115,745 | 30,176 | 49,865 | 70,170 | 80,547 | 109,178 | 99,329 | 81,564 | 39,580 |
| loans | 19,472 | 2,651 | ||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 663 | 450 | ||||||||||
| other liabilities | 23,366 | 40,241 | 7,792 | 7,791 | ||||||||
| provisions | 610 | 335 | ||||||||||
| total long term liabilities | 44,111 | 43,677 | 7,792 | 7,791 | ||||||||
| total liabilities | 285,588 | 302,436 | 159,713 | 115,745 | 30,176 | 49,865 | 70,170 | 80,547 | 109,178 | 107,121 | 89,355 | 39,580 |
| net assets | 44,007 | 40,852 | 52,646 | 32,386 | 11,648 | 10,076 | 9,547 | 8,651 | 7,006 | 2,028 | 1,991 | -317 |
| total shareholders funds | 44,007 | 40,852 | 52,646 | 32,386 | 11,648 | 10,076 | 9,547 | 8,651 | 7,006 | 2,028 | 1,991 | -317 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 4,870 | 2,056 | 22,472 | 15,046 | 2,811 | -318 | ||||||
| Depreciation | 850 | 500 | ||||||||||
| Amortisation | ||||||||||||
| Tax | -974 | -411 | -4,494 | -3,009 | -503 | |||||||
| Stock | 30,187 | -4,680 | 4,680 | -2,000 | -8,900 | 6,400 | 4,500 | |||||
| Debtors | -29,999 | 156,355 | 4,970 | 106,307 | -18,117 | -19,775 | -7,481 | -26,987 | 7,035 | 26,703 | 48,997 | 31,449 |
| Creditors | -17,282 | 99,046 | 43,968 | 85,569 | -19,689 | 49,515 | 50 | -10,000 | 10,000 | -575 | 375 | 500 |
| Accruals and Deferred Income | 213 | 450 | -53,240 | -14,905 | -12,968 | 78,068 | 2,542 | 453 | 50 | |||
| Deferred Taxes & Provisions | 275 | 335 | ||||||||||
| Cash flow from operations | -1,478 | 5,664 | 99,011 | -3,799 | -52,261 | -35,717 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | -1,025 | -1,306 | -4,207 | -6,028 | 12,566 | |||||||
| Group/Directors Accounts | -80,650 | 26,241 | 15,379 | 39,030 | ||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | 16,821 | 2,651 | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -16,875 | 40,241 | -7,792 | 1 | 7,791 | |||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | -1,025 | -1,306 | -92,649 | 20,214 | 35,736 | 39,031 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | -15,329 | -22,507 | 54,578 | -1 | 1 | -3,314 | 3,314 | |||||
| overdraft | -16,580 | 5,503 | -4,357 | 6,638 | -4,415 | 13,211 | ||||||
| change in cash | -15,329 | -22,507 | 54,578 | 16,579 | -5,503 | 4,358 | -6,638 | 4,415 | -16,525 | 3,314 |
getmefinance limited Credit Report and Business Information
Getmefinance Limited Competitor Analysis
Perform a competitor analysis for getmefinance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NR2 area or any other competitors across 12 key performance metrics.
getmefinance limited Ownership
GETMEFINANCE LIMITED group structure
Getmefinance Limited has no subsidiary companies.
Ultimate parent company
GETMEFINANCE LIMITED
07140831
getmefinance limited directors
Getmefinance Limited currently has 1 director, Mr Shaun Gill serving since Aug 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun Gill | 61 years | Aug 2020 | - | Director |
P&L
January 2022turnover
630.7k
+12%
operating profit
4.5k
0%
gross margin
17%
-5.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
44k
+0.08%
total assets
329.6k
-0.04%
cash
16.7k
-0.48%
net assets
Total assets minus all liabilities
getmefinance limited company details
company number
07140831
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
January 2010
age
15
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2022
previous names
N/A
accountant
-
auditor
-
address
lawrence house, 5 st andrews hill, norwich, norfolk, NR2 1AD
Bank
HSBC BANK PLC
Legal Advisor
-
getmefinance 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 getmefinance limited.
getmefinance 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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getmefinance limited Companies House Filings - See Documents
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