pickles financial solutions ltd
pickles financial solutions ltd Company Information
Company Number
07635382
Next Accounts
Feb 2025
Directors
Shareholders
christopher pickles
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
22 greenmoor avenue, leeds, west yorkshire, LS12 5ST
Website
-pickles financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PICKLES FINANCIAL SOLUTIONS LTD at £59.7k based on a Turnover of £76.4k and 0.78x industry multiple (adjusted for size and gross margin).
pickles financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PICKLES FINANCIAL SOLUTIONS LTD at £2.9k based on an EBITDA of £570 and a 5.02x industry multiple (adjusted for size and gross margin).
pickles financial solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of PICKLES FINANCIAL SOLUTIONS LTD at £3k based on Net Assets of £1k and 3.02x industry multiple (adjusted for liquidity).
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Pickles Financial Solutions Ltd Overview
Pickles Financial Solutions Ltd is a live company located in west yorkshire, LS12 5ST with a Companies House number of 07635382. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2011, it's largest shareholder is christopher pickles with a 100% stake. Pickles Financial Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £76.4k with declining growth in recent years.
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Pickles Financial Solutions Ltd Health Check
Pomanda's financial health check has awarded Pickles Financial Solutions Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £76.4k, make it smaller than the average company (£241.8k)
- Pickles Financial Solutions Ltd
£241.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.3%)
- Pickles Financial Solutions Ltd
6.3% - Industry AVG
Production
with a gross margin of 52.5%, this company has a higher cost of product (92.6%)
- Pickles Financial Solutions Ltd
92.6% - Industry AVG
Profitability
an operating margin of 0.8% make it less profitable than the average company (13.7%)
- Pickles Financial Solutions Ltd
13.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Pickles Financial Solutions Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Pickles Financial Solutions Ltd
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £76.4k, this is equally as efficient (£76.2k)
- Pickles Financial Solutions Ltd
£76.2k - Industry AVG
Debtor Days
it gets paid by customers after 187 days, this is later than average (76 days)
- Pickles Financial Solutions Ltd
76 days - Industry AVG
Creditor Days
its suppliers are paid after 263 days, this is slower than average (27 days)
- Pickles Financial Solutions Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pickles Financial Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Pickles Financial Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (51.1%)
97.7% - Pickles Financial Solutions Ltd
51.1% - Industry AVG
PICKLES FINANCIAL SOLUTIONS LTD financials
Pickles Financial Solutions Ltd's latest turnover from May 2023 is estimated at £76.4 thousand and the company has net assets of £1 thousand. According to their latest financial statements, Pickles Financial Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 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 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 773 | 923 | 1,072 | 140 | 290 | 440 | 590 | 740 | 890 | 1,040 | 1,190 | 1,340 |
| 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 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 773 | 923 | 1,072 | 140 | 290 | 440 | 590 | 740 | 890 | 1,040 | 1,190 | 1,340 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,191 | 59,515 | 56,682 | 36,844 | 17,829 | 11,755 | 11,187 | 13,130 | 15,250 | 4,827 | 1,830 | 1,320 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 4,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,365 | 15,527 | 8,559 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 | 0 | 0 | 0 | 0 |
| total current assets | 43,191 | 59,515 | 56,682 | 36,844 | 17,829 | 11,755 | 11,187 | 23,130 | 15,250 | 15,192 | 17,357 | 9,879 |
| total assets | 43,964 | 60,438 | 57,754 | 36,984 | 18,119 | 12,195 | 11,777 | 23,870 | 16,140 | 16,232 | 18,547 | 11,219 |
| 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 | 26,186 | 36,210 | 29,012 | 26,863 | 16,833 | 12,261 | 9,990 | 13,857 | 15,819 | 15,730 | 17,921 | 10,868 |
| 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 | 26,186 | 36,210 | 29,012 | 26,863 | 16,833 | 12,261 | 9,990 | 13,857 | 15,819 | 15,730 | 17,921 | 10,868 |
| 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 | 16,778 | 23,656 | 26,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,778 | 23,656 | 26,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 42,964 | 59,866 | 55,012 | 26,863 | 16,833 | 12,261 | 9,990 | 13,857 | 15,819 | 15,730 | 17,921 | 10,868 |
| net assets | 1,000 | 572 | 2,742 | 10,121 | 1,286 | -66 | 1,787 | 10,013 | 321 | 502 | 626 | 351 |
| total shareholders funds | 1,000 | 572 | 2,742 | 10,121 | 1,286 | -66 | 1,787 | 10,013 | 321 | 502 | 626 | 351 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 150 | 150 | 0 | |||||||||
| Amortisation | 0 | 0 | 0 | |||||||||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -16,324 | 2,833 | 19,838 | 19,015 | 6,074 | 568 | -1,943 | -2,120 | 10,423 | 2,997 | 510 | 1,320 |
| Creditors | -10,024 | 7,198 | 2,149 | 10,030 | 4,572 | 2,271 | -3,867 | -1,962 | 89 | -2,191 | 7,053 | 10,868 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 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 | 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 | -6,878 | -2,344 | 26,000 | 0 | 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 | 0 | 0 | -10,365 | -5,162 | 6,968 | 8,559 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,365 | -5,162 | 6,968 | 8,559 |
pickles financial solutions ltd Credit Report and Business Information
Pickles Financial Solutions Ltd Competitor Analysis
Perform a competitor analysis for pickles financial solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in LS12 area or any other competitors across 12 key performance metrics.
pickles financial solutions ltd Ownership
PICKLES FINANCIAL SOLUTIONS LTD group structure
Pickles Financial Solutions Ltd has no subsidiary companies.
Ultimate parent company
PICKLES FINANCIAL SOLUTIONS LTD
07635382
pickles financial solutions ltd directors
Pickles Financial Solutions Ltd currently has 1 director, Mr Christopher Pickles serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Pickles | England | 61 years | May 2011 | - | Director |
P&L
May 2023turnover
76.4k
-24%
operating profit
570.7
0%
gross margin
52.6%
-3.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
1k
+0.75%
total assets
44k
-0.27%
cash
0
0%
net assets
Total assets minus all liabilities
pickles financial solutions ltd company details
company number
07635382
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
22 greenmoor avenue, leeds, west yorkshire, LS12 5ST
Bank
-
Legal Advisor
-
pickles 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 pickles financial solutions ltd.
pickles 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 PICKLES FINANCIAL SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
pickles financial solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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