clearpath financial services ltd
clearpath financial services ltd Company Information
Company Number
07490781
Next Accounts
Dec 2024
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Directors
Shareholders
sarbjit chahal
Group Structure
View All
Contact
Registered Address
39 trafford close, stevenage, SG1 3RY
Website
-clearpath financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH FINANCIAL SERVICES LTD at £94 based on a Turnover of £131 and 0.71x industry multiple (adjusted for size and gross margin).
clearpath financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH FINANCIAL SERVICES LTD at £0 based on an EBITDA of £-26 and a 3.26x industry multiple (adjusted for size and gross margin).
clearpath financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of CLEARPATH FINANCIAL SERVICES LTD at £0 based on Net Assets of £-994 and 2.3x industry multiple (adjusted for liquidity).
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Clearpath Financial Services Ltd Overview
Clearpath Financial Services Ltd is a dissolved company that was located in stevenage, SG1 3RY with a Companies House number of 07490781. It operated in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in January 2011, it's largest shareholder was sarbjit chahal with a 100% stake. The last turnover for Clearpath Financial Services Ltd was estimated at £132.
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Clearpath Financial Services Ltd Health Check
Pomanda's financial health check has awarded Clearpath Financial Services Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £132, make it smaller than the average company (£1.7m)
- Clearpath Financial Services Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -81%, show it is growing at a slower rate (5.5%)
- Clearpath Financial Services Ltd
5.5% - Industry AVG
Production
with a gross margin of 38.2%, this company has a higher cost of product (78.1%)
- Clearpath Financial Services Ltd
78.1% - Industry AVG
Profitability
an operating margin of -19.7% make it less profitable than the average company (9.1%)
- Clearpath Financial Services Ltd
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
- Clearpath Financial Services Ltd
12 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
- Clearpath Financial Services Ltd
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £132, this is less efficient (£131.9k)
- Clearpath Financial Services Ltd
£131.9k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (40 days)
- Clearpath Financial Services Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 4459 days, this is slower than average (28 days)
- Clearpath Financial Services Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Clearpath Financial Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Clearpath Financial Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49800%, this is a higher level of debt than the average (50.1%)
49800% - Clearpath Financial Services Ltd
50.1% - Industry AVG
CLEARPATH FINANCIAL SERVICES LTD financials
Clearpath Financial Services Ltd's latest turnover from January 2019 is estimated at £132 and the company has net assets of -£994. According to their latest financial statements, we estimate that Clearpath Financial Services Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2 | 3,659 | 39 | 4,319 | 9,166 | 8,305 | 4,858 | 3,863 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 47 | 4,961 | 15,686 | 16,002 | 19,500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2 | 3,659 | 39 | 4,366 | 14,127 | 23,991 | 20,860 | 23,363 |
| total assets | 2 | 3,659 | 39 | 4,366 | 14,127 | 23,991 | 20,860 | 23,363 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 996 | 2,788 | 975 | 3,855 | 7,269 | 12,719 | 7,082 | 8,923 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 996 | 2,788 | 975 | 3,855 | 7,269 | 12,719 | 7,082 | 8,923 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 1,839 | 385 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 1,839 | 385 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 996 | 4,627 | 1,360 | 3,855 | 7,269 | 12,719 | 7,082 | 8,923 |
| net assets | -994 | -968 | -1,321 | 511 | 6,858 | 11,272 | 13,778 | 14,440 |
| total shareholders funds | -994 | -968 | -1,321 | 511 | 6,858 | 11,272 | 13,778 | 14,440 |
| Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1,600 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,657 | 3,620 | -4,280 | -4,847 | 861 | 3,447 | 995 | 3,863 |
| Creditors | -1,792 | 1,813 | -2,880 | -3,414 | -5,450 | 5,637 | -1,841 | 8,923 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,839 | 1,454 | 385 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | -47 | -4,914 | -10,725 | -316 | -3,498 | 19,500 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -47 | -4,914 | -10,725 | -316 | -3,498 | 19,500 |
clearpath financial services ltd Credit Report and Business Information
Clearpath Financial Services Ltd Competitor Analysis
Perform a competitor analysis for clearpath financial services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in SG1 area or any other competitors across 12 key performance metrics.
clearpath financial services ltd Ownership
CLEARPATH FINANCIAL SERVICES LTD group structure
Clearpath Financial Services Ltd has no subsidiary companies.
Ultimate parent company
CLEARPATH FINANCIAL SERVICES LTD
07490781
clearpath financial services ltd directors
Clearpath Financial Services Ltd currently has 1 director, Mr Sarbjit Chahal serving since Jan 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sarbjit Chahal | England | 43 years | Jan 2011 | - | Director |
P&L
January 2019turnover
132
-99%
operating profit
-26
0%
gross margin
38.3%
-14.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2019net assets
-994
+0.03%
total assets
2
-1%
cash
0
0%
net assets
Total assets minus all liabilities
clearpath financial services ltd company details
company number
07490781
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
January 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2019
previous names
N/A
accountant
-
auditor
-
address
39 trafford close, stevenage, SG1 3RY
Bank
-
Legal Advisor
-
clearpath financial services 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 clearpath financial services ltd.
clearpath financial services 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 CLEARPATH FINANCIAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
clearpath financial services ltd Companies House Filings - See Documents
| date | description | view/download |
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