finance birmingham limited
finance birmingham limited Company Information
Company Number
07423867
Website
financebirmingham.comRegistered Address
the council house, victoria square, birmingham, west midlands b1 1bb, B3 3AA
Industry
Activities of venture and development capital companies
Telephone
01212334903
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
birmingham city council 100%
finance birmingham limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCE BIRMINGHAM LIMITED at £1.4m based on a Turnover of £647.6k and 2.1x industry multiple (adjusted for size and gross margin).
finance birmingham limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCE BIRMINGHAM LIMITED at £0 based on an EBITDA of £-2.9k and a 7.29x industry multiple (adjusted for size and gross margin).
finance birmingham limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCE BIRMINGHAM LIMITED at £367.7k based on Net Assets of £268.8k and 1.37x industry multiple (adjusted for liquidity).
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Finance Birmingham Limited Overview
Finance Birmingham Limited is a live company located in birmingham, B3 3AA with a Companies House number of 07423867. It operates in the activities of venture and development capital companies sector, SIC Code 64303. Founded in October 2010, it's largest shareholder is birmingham city council with a 100% stake. Finance Birmingham Limited is a established, small sized company, Pomanda has estimated its turnover at £647.6k with declining growth in recent years.
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Finance Birmingham Limited Health Check
Pomanda's financial health check has awarded Finance Birmingham Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £647.6k, make it smaller than the average company (£1.7m)
- Finance Birmingham Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (1.4%)
- Finance Birmingham Limited
1.4% - Industry AVG
Production
with a gross margin of 67.9%, this company has a comparable cost of product (67.9%)
- Finance Birmingham Limited
67.9% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (1.8%)
- Finance Birmingham Limited
1.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (7)
3 - Finance Birmingham Limited
7 - Industry AVG
Pay Structure
on an average salary of £70.5k, the company has an equivalent pay structure (£70.5k)
- Finance Birmingham Limited
£70.5k - Industry AVG
Efficiency
resulting in sales per employee of £215.9k, this is more efficient (£170.3k)
- Finance Birmingham Limited
£170.3k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (21 days)
- Finance Birmingham Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (68 days)
- Finance Birmingham Limited
68 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finance Birmingham Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 153 weeks, this is more cash available to meet short term requirements (56 weeks)
153 weeks - Finance Birmingham Limited
56 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.8%, this is a lower level of debt than the average (51.7%)
23.8% - Finance Birmingham Limited
51.7% - Industry AVG
finance birmingham limited Credit Report and Business Information
Finance Birmingham Limited Competitor Analysis
Perform a competitor analysis for finance birmingham limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
finance birmingham limited Ownership
FINANCE BIRMINGHAM LIMITED group structure
Finance Birmingham Limited has no subsidiary companies.
Ultimate parent company
BIRMINGHAM CITY COUNCIL
#0036095
1 parent
FINANCE BIRMINGHAM LIMITED
07423867
finance birmingham limited directors
Finance Birmingham Limited currently has 3 directors. The longest serving directors include Mr John Handley (Oct 2010) and Mrs Suzanne Summers (Oct 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Handley | 62 years | Oct 2010 | - | Director | |
| Mrs Suzanne Summers | England | 62 years | Oct 2010 | - | Director |
| Mrs Alison Jarrett | England | 57 years | Nov 2010 | - | Director |
FINANCE BIRMINGHAM LIMITED financials
Finance Birmingham Limited's latest turnover from March 2023 is estimated at £647.6 thousand and the company has net assets of £268.8 thousand. According to their latest financial statements, Finance Birmingham Limited has 3 employees and maintains cash reserves of £249 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,691,669 | 2,809,756 | 3,050,503 | 2,558,050 | 3,015,670 | 1,369,835 | 792,222 | 501,773 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | ||||||||
| Gross Profit | 1,691,669 | 2,809,756 | 3,050,503 | 2,558,050 | ||||||||
| Admin Expenses | 1,101,658 | 2,520,785 | 2,527,916 | 2,393,315 | ||||||||
| Operating Profit | 590,011 | 288,971 | 522,587 | 164,735 | 705,963 | 46,916 | 10,724 | -10,619 | ||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 11,439 | 0 | 0 | 0 | 0 | 0 | 25 | ||||
| Pre-Tax Profit | 590,011 | 300,410 | 522,587 | 164,735 | 705,963 | 46,916 | 10,724 | -10,594 | ||||
| Tax | -112,568 | -64,266 | -101,050 | -36,535 | -151,009 | -12,415 | -9,670 | 0 | ||||
| Profit After Tax | 477,443 | 236,144 | 421,537 | 128,200 | 554,954 | 34,501 | 1,054 | -10,594 | ||||
| Dividends Paid | 100,000 | 250,000 | 0 | 300,000 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 377,443 | -13,856 | 421,537 | -171,800 | 554,954 | 34,501 | 1,054 | -10,594 | ||||
| Employee Costs | 2,395,202 | 1,733,806 | 1,768,014 | |||||||||
| Number Of Employees | 3 | 3 | 25 | 25 | 24 | |||||||
| EBITDA* | 594,094 | 293,670 | 529,359 | 172,287 | 711,983 | 51,095 | 11,015 | -9,008 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 582 | 1,415 | 1,139 | 4,567 | 4,738 | 10,344 | 11,452 | 7,983 | 5,360 | 617 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 35,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 582 | 1,415 | 1,139 | 4,567 | 4,738 | 10,344 | 11,452 | 7,984 | 5,361 | 35,617 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 64,200 | 12,000 | 25,449 | 73,056 | 270,027 | 186,397 | 11,194 | 66,297 | 101,095 | 26,971 | 36,308 | 54,062 |
| Group Debtors | 26,050 | 1,138 | 42,146 | 32,394 | 294,136 | 89,890 | 146,384 | 130,676 | 336,793 | 29,795 | 5,831 | 0 |
| Misc Debtors | 13,677 | 16,122 | 301,997 | 241,142 | 33,784 | 144,669 | 311,882 | 35,319 | 16,092 | 21,336 | 5,996 | 2,643 |
| Cash | 249,027 | 256,063 | 687,134 | 1,479,289 | 973,159 | 822,971 | 872,662 | 545,249 | 527,378 | 165,122 | 78,923 | 53,777 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 352,954 | 285,323 | 1,056,726 | 1,825,881 | 1,571,106 | 1,243,927 | 1,342,122 | 777,541 | 981,358 | 243,224 | 127,058 | 110,482 |
| total assets | 352,954 | 285,323 | 1,057,308 | 1,827,296 | 1,572,245 | 1,248,494 | 1,346,860 | 787,885 | 992,810 | 251,208 | 132,419 | 146,099 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 57,030 | 1,374 | 22,385 | 23,077 | 59,752 | 20,178 | 86,394 | 43,792 | 63,765 | 41,460 | 32,095 | 31,087 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,046 | 17,022 | 0 | 2,511 | 99,994 |
| other short term finances | 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 |
| other current liabilities | 27,102 | 21,510 | 278,370 | 551,731 | 269,059 | 361,743 | 380,008 | 234,069 | 279,817 | 133,189 | 57,352 | 25,611 |
| total current liabilities | 84,132 | 22,884 | 300,755 | 574,808 | 328,811 | 381,921 | 466,402 | 327,907 | 360,604 | 174,649 | 91,958 | 156,692 |
| loans | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 111 | 269 | 194 | 776 | 805 | 1,862 | 2,290 | 1,597 | 0 | 0 |
| total long term liabilities | 0 | 0 | 111 | 269 | 194 | 776 | 805 | 1,862 | 2,290 | 1,597 | 0 | 0 |
| total liabilities | 84,132 | 22,884 | 300,866 | 575,077 | 329,005 | 382,697 | 467,207 | 329,769 | 362,894 | 176,246 | 91,958 | 156,692 |
| net assets | 268,822 | 262,439 | 756,442 | 1,252,219 | 1,243,240 | 865,797 | 879,653 | 458,116 | 629,916 | 74,962 | 40,461 | -10,593 |
| total shareholders funds | 268,822 | 262,439 | 756,442 | 1,252,219 | 1,243,240 | 865,797 | 879,653 | 458,116 | 629,916 | 74,962 | 40,461 | -10,593 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 590,011 | 288,971 | 522,587 | 164,735 | 705,963 | 46,916 | 10,724 | -10,619 | ||||
| Depreciation | 0 | 582 | 833 | 99 | 4,083 | 4,699 | 6,772 | 7,552 | 6,020 | 4,179 | 291 | 1,611 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -112,568 | -64,266 | -101,050 | -36,535 | -151,009 | -12,415 | -9,670 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 74,667 | -340,332 | 23,000 | -251,355 | 176,991 | -48,504 | 237,168 | -221,688 | 375,878 | 29,967 | -8,570 | 56,705 |
| Creditors | 55,656 | -21,011 | -692 | -36,675 | 39,574 | -66,216 | 42,602 | -19,973 | 22,305 | 9,365 | 1,008 | 31,087 |
| Accruals and Deferred Income | 5,592 | -256,860 | -273,361 | 282,672 | -92,684 | -18,265 | 145,939 | -45,748 | 146,628 | 75,837 | 31,741 | 25,611 |
| Deferred Taxes & Provisions | 0 | -111 | -158 | 75 | -582 | -29 | -1,057 | -428 | 693 | 1,597 | 0 | 0 |
| Cash flow from operations | 250,843 | 193,398 | 378,625 | 291,291 | 354,722 | 95,512 | 42,664 | -9,015 | ||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -34,999 | 35,000 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -50,046 | 33,024 | 17,022 | -2,511 | -97,483 | 99,994 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 0 | 11,439 | 0 | 0 | 0 | 0 | 0 | 25 | ||||
| cash flow from financing | 0 | 11,439 | -50,046 | 33,024 | 17,022 | -2,511 | -47,483 | 100,020 | ||||
| cash and cash equivalents | ||||||||||||
| cash | -7,036 | -431,071 | -792,155 | 506,130 | 150,188 | -49,691 | 327,413 | 17,871 | 362,256 | 86,199 | 25,146 | 53,777 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,036 | -431,071 | -792,155 | 506,130 | 150,188 | -49,691 | 327,413 | 17,871 | 362,256 | 86,199 | 25,146 | 53,777 |
P&L
March 2023turnover
647.6k
+92%
operating profit
-2.9k
0%
gross margin
67.9%
-6.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
268.8k
+0.02%
total assets
353k
+0.24%
cash
249k
-0.03%
net assets
Total assets minus all liabilities
finance birmingham limited company details
company number
07423867
Type
Private limited with Share Capital
industry
64303 - Activities of venture and development capital companies
incorporation date
October 2010
age
14
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
the council house, victoria square, birmingham, west midlands b1 1bb, B3 3AA
last accounts submitted
March 2023
finance birmingham 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 birmingham limited.
finance birmingham limited Companies House Filings - See Documents
| date | description | view/download |
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