financial lifestyling limited Company Information
Company Number
07592298
Website
www.flmltd.comRegistered Address
5 lower port view, saltash, cornwall, PL12 4BY
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02077103402
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
michael david legassick 95%
mary legassick 5%
financial lifestyling limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL LIFESTYLING LIMITED at £331.9k based on a Turnover of £350.1k and 0.95x industry multiple (adjusted for size and gross margin).
financial lifestyling limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL LIFESTYLING LIMITED at £0 based on an EBITDA of £-5.2k and a 3.74x industry multiple (adjusted for size and gross margin).
financial lifestyling limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL LIFESTYLING LIMITED at £85.7k based on Net Assets of £127k and 0.68x industry multiple (adjusted for liquidity).
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Financial Lifestyling Limited Overview
Financial Lifestyling Limited is a live company located in cornwall, PL12 4BY with a Companies House number of 07592298. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2011, it's largest shareholder is michael david legassick with a 95% stake. Financial Lifestyling Limited is a established, micro sized company, Pomanda has estimated its turnover at £350.1k with healthy growth in recent years.
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Financial Lifestyling Limited Health Check
Pomanda's financial health check has awarded Financial Lifestyling Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £350.1k, make it smaller than the average company (£4.3m)
- Financial Lifestyling Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4%)
- Financial Lifestyling Limited
4% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (59.8%)
- Financial Lifestyling Limited
59.8% - Industry AVG
Profitability
an operating margin of -1.5% make it less profitable than the average company (10.8%)
- Financial Lifestyling Limited
10.8% - Industry AVG
Employees
with 3 employees, this is below the industry average (13)
3 - Financial Lifestyling Limited
13 - Industry AVG
Pay Structure
on an average salary of £73.3k, the company has an equivalent pay structure (£73.3k)
- Financial Lifestyling Limited
£73.3k - Industry AVG
Efficiency
resulting in sales per employee of £116.7k, this is less efficient (£206.8k)
- Financial Lifestyling Limited
£206.8k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (31 days)
- Financial Lifestyling Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is close to average (38 days)
- Financial Lifestyling Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Financial Lifestyling Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Financial Lifestyling Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.9%, this is a lower level of debt than the average (57.6%)
25.9% - Financial Lifestyling Limited
57.6% - Industry AVG
FINANCIAL LIFESTYLING LIMITED financials
Financial Lifestyling Limited's latest turnover from April 2023 is estimated at £350.1 thousand and the company has net assets of £127 thousand. According to their latest financial statements, Financial Lifestyling Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 39,831 | 42,940 | 30,633 | 38,253 | 44,115 | 21,046 | 28,062 | 1,806 | 2,408 | 3,210 | 3,512 | 4,682 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,384 | 40,061 | 46,738 | 53,415 | 60,092 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 39,831 | 42,940 | 30,633 | 38,253 | 44,115 | 21,046 | 28,062 | 35,190 | 42,469 | 49,948 | 56,927 | 64,774 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 131,585 | 119,043 | 133,165 | 98,709 | 136,381 | 130,550 | 45,000 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41,256 | 56,000 | 0 | 0 | 87,598 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 131,585 | 119,043 | 133,165 | 98,709 | 136,381 | 130,550 | 45,000 | 41,256 | 56,000 | 0 | 0 | 87,598 |
total assets | 171,416 | 161,983 | 163,798 | 136,962 | 180,496 | 151,596 | 73,062 | 76,446 | 98,469 | 49,948 | 56,927 | 152,372 |
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 | 29,278 | 29,627 | 19,949 | 34,199 | 23,637 | 54,332 | 24,952 | 45,187 | 52,649 | 49,193 | 56,824 | 152,234 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 29,278 | 29,627 | 19,949 | 34,199 | 23,637 | 54,332 | 24,952 | 45,187 | 52,649 | 49,193 | 56,824 | 152,234 |
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 | 15,131 | 129 | 129 | 609 | 480 | 0 | 13,617 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 828 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 361 | 482 | 642 | 0 | 0 |
total long term liabilities | 15,131 | 129 | 129 | 1,437 | 480 | 0 | 13,617 | 361 | 482 | 642 | 0 | 0 |
total liabilities | 44,409 | 29,756 | 20,078 | 35,636 | 24,117 | 54,332 | 38,569 | 45,548 | 53,131 | 49,835 | 56,824 | 152,234 |
net assets | 127,007 | 132,227 | 143,720 | 101,326 | 156,379 | 97,264 | 34,493 | 30,898 | 45,338 | 113 | 103 | 138 |
total shareholders funds | 127,007 | 132,227 | 143,720 | 101,326 | 156,379 | 97,264 | 34,493 | 30,898 | 45,338 | 113 | 103 | 138 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 602 | 802 | 1,071 | 1,170 | 1,560 | |||||||
Amortisation | 6,677 | 6,677 | 6,677 | 6,677 | 6,677 | |||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 12,542 | -14,122 | 34,456 | -37,672 | 5,831 | 85,550 | 45,000 | 0 | 0 | 0 | 0 | 0 |
Creditors | -349 | 9,678 | -14,250 | 10,562 | -30,695 | 29,380 | -20,235 | -7,462 | 3,456 | -7,631 | -95,410 | 152,234 |
Accruals and Deferred Income | 15,002 | 0 | -480 | 129 | 480 | -13,617 | 13,617 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -361 | -121 | -160 | 642 | 0 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | -828 | 828 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -41,256 | -14,744 | 56,000 | 0 | -87,598 | 87,598 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -41,256 | -14,744 | 56,000 | 0 | -87,598 | 87,598 |
financial lifestyling limited Credit Report and Business Information
Financial Lifestyling Limited Competitor Analysis
Perform a competitor analysis for financial lifestyling limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in PL12 area or any other competitors across 12 key performance metrics.
financial lifestyling limited Ownership
FINANCIAL LIFESTYLING LIMITED group structure
Financial Lifestyling Limited has no subsidiary companies.
Ultimate parent company
FINANCIAL LIFESTYLING LIMITED
07592298
financial lifestyling limited directors
Financial Lifestyling Limited currently has 2 directors. The longest serving directors include Mr Michael Legassick (Apr 2011) and Mrs Mary Legassick (Apr 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Legassick | England | 58 years | Apr 2011 | - | Director |
Mrs Mary Legassick | United Kingdom | 70 years | Apr 2011 | - | Director |
P&L
April 2023turnover
350.1k
+9%
operating profit
-5.2k
0%
gross margin
20.6%
-16.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
127k
-0.04%
total assets
171.4k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
financial lifestyling limited company details
company number
07592298
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
April 2011
age
13
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
5 lower port view, saltash, cornwall, PL12 4BY
accountant
VANGUARD BUSINESS SOLUTIONS LIMITED
auditor
-
financial lifestyling 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 financial lifestyling limited.
financial lifestyling limited Companies House Filings - See Documents
date | description | view/download |
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