send money india limited
send money india limited Company Information
Company Number
07705809
Website
www.sendmoneyindia.comRegistered Address
371 soho road, birmingham, B21 9SE
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Directors
Mahinder Singh11 Years
Shareholders
mahinder singh 100%
send money india limited Estimated Valuation
Pomanda estimates the enterprise value of SEND MONEY INDIA LIMITED at £2.9m based on a Turnover of £1.9m and 1.51x industry multiple (adjusted for size and gross margin).
send money india limited Estimated Valuation
Pomanda estimates the enterprise value of SEND MONEY INDIA LIMITED at £0 based on an EBITDA of £-57.7k and a 5.96x industry multiple (adjusted for size and gross margin).
send money india limited Estimated Valuation
Pomanda estimates the enterprise value of SEND MONEY INDIA LIMITED at £127.4k based on Net Assets of £188.7k and 0.68x industry multiple (adjusted for liquidity).
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Send Money India Limited Overview
Send Money India Limited is a live company located in birmingham, B21 9SE with a Companies House number of 07705809. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in July 2011, it's largest shareholder is mahinder singh with a 100% stake. Send Money India Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
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Send Money India Limited Health Check
Pomanda's financial health check has awarded Send Money India Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £1.9m, make it smaller than the average company (£4.5m)
- Send Money India Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.1%)
- Send Money India Limited
4.1% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
- Send Money India Limited
59.5% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (10.7%)
- Send Money India Limited
10.7% - Industry AVG
Employees
with 9 employees, this is below the industry average (13)
9 - Send Money India Limited
13 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Send Money India Limited
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £209.6k, this is equally as efficient (£209.6k)
- Send Money India Limited
£209.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Send Money India Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Send Money India Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Send Money India Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (38 weeks)
53 weeks - Send Money India Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (57.9%)
5.4% - Send Money India Limited
57.9% - Industry AVG
SEND MONEY INDIA LIMITED financials
Send Money India Limited's latest turnover from July 2023 is estimated at £1.9 million and the company has net assets of £188.7 thousand. According to their latest financial statements, Send Money India Limited has 9 employees and maintains cash reserves of £11.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 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 | 9 | 9 | 8 | 8 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 171 | 1,396 | 2,622 | 3,084 | 3,628 | 4,268 | 5,021 | 2,546 | 2,995 |
| 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 | 0 | 0 | 0 | 171 | 1,396 | 2,622 | 3,084 | 3,628 | 4,268 | 5,021 | 2,546 | 2,995 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 173,513 | 148,348 | 281 | 502 | 1,350 | 0 | 1,510 |
| Group Debtors | 165,375 | 129,275 | 131,675 | 11,817 | 6,212 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 168,899 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,138 | 145,921 | 224,072 | 93,973 | 234,896 | 0 | 0 | 109,538 | 93,366 | 76,160 | 147,904 | 56,184 |
| misc current assets | 22,955 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 199,468 | 275,196 | 355,747 | 274,689 | 241,108 | 173,513 | 148,348 | 109,819 | 93,868 | 77,510 | 147,904 | 57,694 |
| total assets | 199,468 | 275,196 | 355,747 | 274,860 | 242,504 | 176,135 | 151,432 | 113,447 | 98,136 | 82,531 | 150,450 | 60,689 |
| 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 | 0 | 0 | 0 | 0 | 0 | 12,336 | 12,000 | 11,461 | 20,931 | 29,084 | 121,999 | 33,651 |
| 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 | 10,759 | 32,743 | 141,461 | 51,600 | 50,442 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 10,759 | 32,743 | 141,461 | 51,600 | 50,442 | 12,336 | 12,000 | 11,461 | 20,931 | 29,084 | 121,999 | 33,651 |
| 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 | 8,547 | 10,847 | 4,179 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 8,547 | 10,847 | 4,179 | 0 | 0 | 0 | 0 |
| total liabilities | 10,759 | 32,743 | 141,461 | 51,600 | 50,442 | 20,883 | 22,847 | 15,640 | 20,931 | 29,084 | 121,999 | 33,651 |
| net assets | 188,709 | 242,453 | 214,286 | 223,260 | 192,062 | 155,252 | 128,585 | 97,807 | 77,205 | 53,447 | 28,451 | 27,038 |
| total shareholders funds | 188,709 | 242,453 | 214,286 | 223,260 | 192,062 | 155,252 | 128,585 | 97,807 | 77,205 | 53,447 | 28,451 | 27,038 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 0 | 171 | 1,225 | 1,226 | 640 | 753 | 554 | 449 | 104 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,100 | -2,400 | -49,041 | 174,504 | -167,301 | 25,165 | 148,067 | -221 | -848 | 1,350 | -1,510 | 1,510 |
| Creditors | 0 | 0 | 0 | 0 | -12,336 | 336 | 539 | -9,470 | -8,153 | -92,915 | 88,348 | 33,651 |
| Accruals and Deferred Income | -21,984 | -108,718 | 89,861 | 1,158 | 50,442 | 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 | 0 | 0 | 0 | 0 | -8,547 | -2,300 | 6,668 | 4,179 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -134,783 | -78,151 | 130,099 | -140,923 | 234,896 | 0 | -109,538 | 16,172 | 17,206 | -71,744 | 91,720 | 56,184 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -134,783 | -78,151 | 130,099 | -140,923 | 234,896 | 0 | -109,538 | 16,172 | 17,206 | -71,744 | 91,720 | 56,184 |
send money india limited Credit Report and Business Information
Send Money India Limited Competitor Analysis
Perform a competitor analysis for send money india limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in B21 area or any other competitors across 12 key performance metrics.
send money india limited Ownership
SEND MONEY INDIA LIMITED group structure
Send Money India Limited has no subsidiary companies.
Ultimate parent company
SEND MONEY INDIA LIMITED
07705809
send money india limited directors
Send Money India Limited currently has 1 director, Mr Mahinder Singh serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mahinder Singh | England | 44 years | Aug 2013 | - | Director |
P&L
July 2023turnover
1.9m
-1%
operating profit
-57.7k
0%
gross margin
59.5%
-5.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
188.7k
-0.22%
total assets
199.5k
-0.28%
cash
11.1k
-0.92%
net assets
Total assets minus all liabilities
send money india limited company details
company number
07705809
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
July 2011
age
13
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
371 soho road, birmingham, B21 9SE
accountant
-
auditor
-
send money india 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 send money india limited.
send money india limited Companies House Filings - See Documents
| date | description | view/download |
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