new start financial solutions ltd
new start financial solutions ltd Company Information
Company Number
07352004
Next Accounts
May 2025
Shareholders
chellow lindsay uk ltd
nant holdings limited
View AllGroup Structure
View All
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Registered Address
146 - 147 st. helens road, swansea, SA1 4DE
new start financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW START FINANCIAL SOLUTIONS LTD at £80.5k based on a Turnover of £123.1k and 0.65x industry multiple (adjusted for size and gross margin).
new start financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW START FINANCIAL SOLUTIONS LTD at £0 based on an EBITDA of £-2.7k and a 3.78x industry multiple (adjusted for size and gross margin).
new start financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NEW START FINANCIAL SOLUTIONS LTD at £0 based on Net Assets of £-35k and 1.74x industry multiple (adjusted for liquidity).
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New Start Financial Solutions Ltd Overview
New Start Financial Solutions Ltd is a live company located in swansea, SA1 4DE with a Companies House number of 07352004. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in August 2010, it's largest shareholder is chellow lindsay uk ltd with a 42% stake. New Start Financial Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £123.1k with unknown growth in recent years.
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New Start Financial Solutions Ltd Health Check
Pomanda's financial health check has awarded New Start Financial Solutions Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £123.1k, make it smaller than the average company (£464.9k)
- New Start Financial Solutions Ltd
£464.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- New Start Financial Solutions Ltd
- - Industry AVG
Production
with a gross margin of 65.1%, this company has a comparable cost of product (65.1%)
- New Start Financial Solutions Ltd
65.1% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (10.8%)
- New Start Financial Solutions Ltd
10.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
- New Start Financial Solutions Ltd
7 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
- New Start Financial Solutions Ltd
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £61.5k, this is less efficient (£73.2k)
- New Start Financial Solutions Ltd
£73.2k - Industry AVG
Debtor Days
it gets paid by customers after 82 days, this is later than average (61 days)
- New Start Financial Solutions Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (26 days)
- New Start Financial Solutions Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Start Financial Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - New Start Financial Solutions Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 221.2%, this is a higher level of debt than the average (52.7%)
221.2% - New Start Financial Solutions Ltd
52.7% - Industry AVG
NEW START FINANCIAL SOLUTIONS LTD financials
New Start Financial Solutions Ltd's latest turnover from August 2023 is estimated at £123.1 thousand and the company has net assets of -£35 thousand. According to their latest financial statements, we estimate that New Start Financial Solutions Ltd has 2 employees and maintains cash reserves of £519 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 481 | 731 | 1,246 | 936 | 1,350 | 1,720 | 2,090 | 2,520 | 3,030 | 3,610 | 4,225 | 4,961 | 1,210 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 481 | 731 | 1,246 | 936 | 1,350 | 1,720 | 2,090 | 2,520 | 3,030 | 3,610 | 4,225 | 4,961 | 1,210 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 27,916 | 36,588 | 43,242 | 682 | 255 | 2,607 | 875 | 10,480 | 5,153 | 1,953 | 12,039 | 1,075 | |
| Group Debtors | |||||||||||||
| Misc Debtors | |||||||||||||
| Cash | 519 | 541 | 3,902 | 337 | 78 | 55 | 21 | 9,412 | 6,728 | 1,088 | |||
| misc current assets | |||||||||||||
| total current assets | 28,435 | 37,129 | 47,144 | 337 | 682 | 255 | 2,607 | 953 | 10,535 | 5,174 | 11,365 | 18,767 | 2,163 |
| total assets | 28,916 | 37,860 | 48,390 | 1,273 | 2,032 | 1,975 | 4,697 | 3,473 | 13,565 | 8,784 | 15,590 | 23,728 | 3,373 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 267 | 1 | 1 | 48,530 | 54,814 | 43,610 | 41,436 | 19,780 | 15,916 | 9,284 | 17,809 | 5,925 | |
| Group/Directors Accounts | 52,426 | 52,198 | 50,848 | 40,201 | |||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 11,260 | 17,735 | 6,161 | 360 | |||||||||
| total current liabilities | 63,953 | 69,934 | 57,010 | 40,561 | 48,530 | 54,814 | 43,610 | 41,436 | 19,780 | 15,916 | 9,284 | 17,809 | 5,925 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 63,953 | 69,934 | 57,010 | 40,561 | 48,530 | 54,814 | 43,610 | 41,436 | 19,780 | 15,916 | 9,284 | 17,809 | 5,925 |
| net assets | -35,037 | -32,074 | -8,620 | -39,288 | -46,498 | -52,839 | -38,913 | -37,963 | -6,215 | -7,132 | 6,306 | 5,919 | -2,552 |
| total shareholders funds | -35,037 | -32,074 | -8,620 | -39,288 | -46,498 | -52,839 | -38,913 | -37,963 | -6,215 | -7,132 | 6,306 | 5,919 | -2,552 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 250 | 393 | 424 | 510 | 580 | 615 | 736 | 874 | 75 | ||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -8,672 | -6,654 | 43,242 | -682 | 427 | -2,352 | 1,732 | -9,605 | 5,327 | 3,200 | -10,086 | 10,964 | 1,075 |
| Creditors | 266 | 1 | -48,530 | -6,284 | 11,204 | 2,174 | 21,656 | 3,864 | 6,632 | -8,525 | 11,884 | 5,925 | |
| Accruals and Deferred Income | -6,475 | 11,574 | 5,801 | 360 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | 228 | 1,350 | 10,647 | 40,201 | |||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -22 | -3,361 | 3,565 | 337 | -78 | 23 | 34 | -9,391 | 2,684 | 5,640 | 1,088 | ||
| overdraft | |||||||||||||
| change in cash | -22 | -3,361 | 3,565 | 337 | -78 | 23 | 34 | -9,391 | 2,684 | 5,640 | 1,088 |
new start financial solutions ltd Credit Report and Business Information
New Start Financial Solutions Ltd Competitor Analysis
Perform a competitor analysis for new start financial solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in SA1 area or any other competitors across 12 key performance metrics.
new start financial solutions ltd Ownership
NEW START FINANCIAL SOLUTIONS LTD group structure
New Start Financial Solutions Ltd has no subsidiary companies.
Ultimate parent company
NEW START FINANCIAL SOLUTIONS LTD
07352004
new start financial solutions ltd directors
New Start Financial Solutions Ltd currently has 2 directors. The longest serving directors include Ms Jeannine Chellew (May 2021) and Mr Phillip Evans (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Jeannine Chellew | Wales | 58 years | May 2021 | - | Director |
| Mr Phillip Evans | Wales | 43 years | Apr 2022 | - | Director |
P&L
August 2023turnover
123.1k
-9%
operating profit
-3k
0%
gross margin
65.1%
+2.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-35k
+0.09%
total assets
28.9k
-0.24%
cash
519
-0.04%
net assets
Total assets minus all liabilities
new start financial solutions ltd company details
company number
07352004
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
August 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
146 - 147 st. helens road, swansea, SA1 4DE
Bank
-
Legal Advisor
-
new start financial solutions ltd 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 new start financial solutions ltd.
new start financial solutions ltd 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.
Click to start generating capital raising & share issue transactions for NEW START FINANCIAL SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
new start financial solutions ltd Companies House Filings - See Documents
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