bionic financial services limited

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bionic financial services limited Company Information

Share BIONIC FINANCIAL SERVICES LIMITED

Company Number

07548195

Shareholders

bionic services group limited

Group Structure

View All

Industry

Non-life insurance

 

Registered Address

minster building, 21 mincing lane, london, EC3R 7AG

bionic financial services limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of BIONIC FINANCIAL SERVICES LIMITED at £1.1m based on a Turnover of £2.2m and 0.48x industry multiple (adjusted for size and gross margin).

bionic financial services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BIONIC FINANCIAL SERVICES LIMITED at £0 based on an EBITDA of £-2.7m and a 5.31x industry multiple (adjusted for size and gross margin).

bionic financial services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BIONIC FINANCIAL SERVICES LIMITED at £0 based on Net Assets of £-3.9m and 1.64x industry multiple (adjusted for liquidity).

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Bionic Financial Services Limited Overview

Bionic Financial Services Limited is a live company located in london, EC3R 7AG with a Companies House number of 07548195. It operates in the non-life insurance sector, SIC Code 65120. Founded in March 2011, it's largest shareholder is bionic services group limited with a 100% stake. Bionic Financial Services Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.

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Bionic Financial Services Limited Health Check

Pomanda's financial health check has awarded Bionic Financial Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £2.2m, make it in line with the average company (£2.2m)

£2.2m - Bionic Financial Services Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.2%)

4% - Bionic Financial Services Limited

10.2% - Industry AVG

production

Production

with a gross margin of 59.6%, this company has a higher cost of product (100%)

59.6% - Bionic Financial Services Limited

100% - Industry AVG

profitability

Profitability

an operating margin of -135.2% make it less profitable than the average company (19.2%)

-135.2% - Bionic Financial Services Limited

19.2% - Industry AVG

employees

Employees

with 16 employees, this is below the industry average (25)

16 - Bionic Financial Services Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £60.7k, the company has an equivalent pay structure (£60.7k)

£60.7k - Bionic Financial Services Limited

£60.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.7k, this is equally as efficient (£144.3k)

£139.7k - Bionic Financial Services Limited

£144.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Bionic Financial Services Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (248 days)

7 days - Bionic Financial Services Limited

248 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Bionic Financial Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (19 weeks)

11 weeks - Bionic Financial Services Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 182.8%, this is a higher level of debt than the average (77.3%)

182.8% - Bionic Financial Services Limited

77.3% - Industry AVG

BIONIC FINANCIAL SERVICES LIMITED financials

EXPORTms excel logo

Bionic Financial Services Limited's latest turnover from March 2024 is £2.2 million and the company has net assets of -£3.9 million. According to their latest financial statements, we estimate that Bionic Financial Services Limited has 16 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover2,235,0002,020,0002,135,0001,960,0001,888,0001,492,0001,283,0001,190,521381,945441,056366,63010,5365,373
Other Income Or Grants
Cost Of Sales904,000632,000582,000564,0001,075,000177,000160,00065,42435,31875,80377,0052,6201,249
Gross Profit1,331,0001,388,0001,553,0001,396,000813,0001,315,0001,123,0001,125,097346,628365,253289,6257,9154,124
Admin Expenses4,353,0002,186,0002,285,3851,711,2771,938,4391,435,20725,000200,170-114,270357,224125,750-29,58914,466
Operating Profit-3,022,000-798,000-732,385-315,277-1,125,439-120,2071,098,000924,927460,8988,029163,87537,504-10,342
Interest Payable
Interest Receivable6057222421258
Pre-Tax Profit-3,022,000-798,000-901,000-315,000-1,125,000-116,0001,098,000924,927461,5038,101164,09937,716-10,284
Tax-171,000171,000-185,360-92,300-1,701-37,743-9,052
Profit After Tax-3,022,000-969,000-730,000-315,000-1,125,000-116,0001,098,000739,567369,2026,400126,35628,664-10,284
Dividends Paid
Retained Profit-3,022,000-969,000-730,000-315,000-1,125,000-116,0001,098,000739,567369,2026,400126,35628,664-10,284
Employee Costs970,971828,341936,199834,229752,329613,935515,732101,111533,325192,831143,49946,15745,132
Number Of Employees161517161512102114311
EBITDA*-2,661,000-590,000-672,385-313,277-1,125,439-118,2072,973,000926,802462,7738,342163,87537,504-10,342

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets
Intangible Assets997,000905,000450,00058,0002,0003,4375,3137,187
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets997,000905,000450,00058,0002,0003,4375,3137,187
Stock & work in progress
Trade Debtors1,081218,764191,3715,2632,602
Group Debtors1,450,0001,450,0001,450,000850,000881,0001,606,0001,849,0001,239,067292,259
Misc Debtors305,000229,000409,000227,000185,000240,000151,000145,144127,850
Cash1,959,0001,468,000410,000226,000329,000550,000572,000191,357241,11077828,03261,53423,228
misc current assets
total current assets3,714,0003,147,0002,269,0001,303,0001,395,0002,396,0002,572,0001,575,568662,300219,542219,40366,79725,830
total assets4,711,0004,052,0002,719,0001,361,0001,395,0002,396,0002,574,0001,579,005667,613226,729219,40366,79725,830
Bank overdraft
Bank loan
Trade Creditors 19,00055,00032,000212,00082055,59354,66728,41716,114
Group/Directors Accounts8,519,0004,668,0002,264,000505,00022,0004,000
other short term finances
hp & lease commitments
other current liabilities72,000261,000308,0002,00024,000130,000196,000298,280127,275
total current liabilities8,610,0004,929,0002,627,000539,000258,000134,000196,000299,100127,27555,59354,66728,41716,114
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities8,610,0004,929,0002,627,000539,000258,000134,000196,000299,100127,27555,59354,66728,41716,114
net assets-3,899,000-877,00092,000822,0001,137,0002,262,0002,378,0001,279,905540,338171,136164,73638,3809,716
total shareholders funds-3,899,000-877,00092,000822,0001,137,0002,262,0002,378,0001,279,905540,338171,136164,73638,3809,716
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit-3,022,000-798,000-732,385-315,277-1,125,439-120,2071,098,000924,927460,8988,029163,87537,504-10,342
Depreciation
Amortisation361,000208,00060,0002,0002,0001,875,0001,8751,875313
Tax-171,000171,000-185,360-92,300-1,701-37,743-9,052
Stock
Debtors76,000-180,000782,00011,000-780,000-154,000615,789963,021202,42627,393186,1082,6612,602
Creditors19,000-55,00023,000-180,000212,000-820820-55,59392626,25012,30316,114
Accruals and Deferred Income-189,000-47,000306,000-22,000-106,000-66,000-102,280171,005127,275
Deferred Taxes & Provisions
Cash flow from operations-2,907,000-683,000-954,385-526,277-239,439-30,2072,254,111-49,754239,729-19,826-33,72638,0943,170
Investing Activities
capital expenditure-453,000-663,000-452,000-60,000-1,873,5631-1-7,500
Change in Investments
cash flow from investments-453,000-663,000-452,000-60,000-1,873,5631-1-7,500
Financing Activities
Bank loans
Group/Directors Accounts3,851,0002,404,0001,759,000483,00018,0004,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue9520,000
interest6057222421258
cash flow from financing3,851,0002,404,0001,759,000483,00018,0004,000956057222421220,058
cash and cash equivalents
cash491,0001,058,000184,000-103,000-221,000-22,000380,643-49,753240,332-27,254-33,50238,30623,228
overdraft
change in cash491,0001,058,000184,000-103,000-221,000-22,000380,643-49,753240,332-27,254-33,50238,30623,228

bionic financial services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bionic Financial Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bionic financial services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC3R area or any other competitors across 12 key performance metrics.

bionic financial services limited Ownership

BIONIC FINANCIAL SERVICES LIMITED group structure

Bionic Financial Services Limited has no subsidiary companies.

Ultimate parent company

BAROLO HOLDCO LTD

#0144712

2 parents

BIONIC FINANCIAL SERVICES LIMITED

07548195

BIONIC FINANCIAL SERVICES LIMITED Shareholders

bionic services group limited 100%

bionic financial services limited directors

Bionic Financial Services Limited currently has 2 directors. The longest serving directors include Mr Paul Galligan (Mar 2019) and Mr Andrew Botha (Oct 2024).

officercountryagestartendrole
Mr Paul GalliganEngland50 years Mar 2019- Director
Mr Andrew BothaEngland57 years Oct 2024- Director

P&L

March 2024

turnover

2.2m

+11%

operating profit

-3m

+279%

gross margin

59.6%

-13.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-3.9m

+3.45%

total assets

4.7m

+0.16%

cash

2m

+0.33%

net assets

Total assets minus all liabilities

bionic financial services limited company details

company number

07548195

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

March 2011

age

14

incorporated

UK

ultimate parent company

BAROLO HOLDCO LTD

accounts

Small Company

last accounts submitted

March 2024

previous names

make it cheaper financial services limited (December 2019)

accountant

-

auditor

ERNST & YOUNG LLP

address

minster building, 21 mincing lane, london, EC3R 7AG

Bank

-

Legal Advisor

-

bionic financial services 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 found 4 charges/mortgages relating to bionic financial services limited. Currently there are 0 open charges and 4 have been satisfied in the past.

bionic financial services 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.

Click to start generating capital raising & share issue transactions for BIONIC FINANCIAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.

bionic financial services limited Companies House Filings - See Documents

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