safehands independent financial advisers ltd

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safehands independent financial advisers ltd Company Information

Share SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD

Company Number

07757055

Directors

Mark Manning

Shareholders

anne manning

andrew jamieson

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Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

st georges house, 29 st georges road, cheltenham, gloucestershire, GL50 3DU

safehands independent financial advisers ltd Estimated Valuation

£295.2k

Pomanda estimates the enterprise value of SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD at £295.2k based on a Turnover of £356.9k and 0.83x industry multiple (adjusted for size and gross margin).

safehands independent financial advisers ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD at £0 based on an EBITDA of £-6.1k and a 2.85x industry multiple (adjusted for size and gross margin).

safehands independent financial advisers ltd Estimated Valuation

£11k

Pomanda estimates the enterprise value of SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD at £11k based on Net Assets of £8.2k and 1.34x industry multiple (adjusted for liquidity).

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Safehands Independent Financial Advisers Ltd Overview

Safehands Independent Financial Advisers Ltd is a live company located in cheltenham, GL50 3DU with a Companies House number of 07757055. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 2011, it's largest shareholder is anne manning with a 19% stake. Safehands Independent Financial Advisers Ltd is a established, micro sized company, Pomanda has estimated its turnover at £356.9k with high growth in recent years.

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Safehands Independent Financial Advisers Ltd Health Check

Pomanda's financial health check has awarded Safehands Independent Financial Advisers 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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £356.9k, make it smaller than the average company (£5.2m)

£356.9k - Safehands Independent Financial Advisers Ltd

£5.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (6.6%)

27% - Safehands Independent Financial Advisers Ltd

6.6% - Industry AVG

production

Production

with a gross margin of 14.3%, this company has a higher cost of product (55.5%)

14.3% - Safehands Independent Financial Advisers Ltd

55.5% - Industry AVG

profitability

Profitability

an operating margin of -1.7% make it less profitable than the average company (9.2%)

-1.7% - Safehands Independent Financial Advisers Ltd

9.2% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (12)

3 - Safehands Independent Financial Advisers Ltd

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.9k, the company has an equivalent pay structure (£79.9k)

£79.9k - Safehands Independent Financial Advisers Ltd

£79.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £119k, this is less efficient (£218k)

£119k - Safehands Independent Financial Advisers Ltd

£218k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 124 days, this is later than average (32 days)

124 days - Safehands Independent Financial Advisers Ltd

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 140 days, this is slower than average (41 days)

140 days - Safehands Independent Financial Advisers Ltd

41 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Safehands Independent Financial Advisers Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Safehands Independent Financial Advisers Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.5%, this is a higher level of debt than the average (68.8%)

93.5% - Safehands Independent Financial Advisers Ltd

68.8% - Industry AVG

SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD financials

EXPORTms excel logo

Safehands Independent Financial Advisers Ltd's latest turnover from March 2024 is estimated at £356.9 thousand and the company has net assets of £8.2 thousand. According to their latest financial statements, Safehands Independent Financial Advisers Ltd has 3 employees and maintains cash reserves of 0 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
Turnover356,884331,373289,964174,661231,122200,023203,906175,4754,01810,1412,5226,20911,734
Other Income Or Grants
Cost Of Sales305,738274,903237,131141,571184,279161,798160,275132,9532,7527,0401,7894,3758,399
Gross Profit51,14656,47052,83333,09046,84438,22543,63142,5221,2663,1017331,8343,335
Admin Expenses57,26644,66149,28534,88953,94139,76838,62577,062-39,203-12,316-25,7171,15026,111
Operating Profit-6,12011,8093,548-1,799-7,097-1,5435,006-34,54040,46915,41726,450684-22,776
Interest Payable
Interest Receivable83133504917
Pre-Tax Profit-6,12011,8093,548-1,799-7,097-1,5435,006-34,53240,50015,45126,500733-22,759
Tax-2,244-674-951-8,100-3,245-6,095-176
Profit After Tax-6,1209,5652,874-1,799-7,097-1,5434,055-34,53232,40012,20620,405557-22,759
Dividends Paid
Retained Profit-6,1209,5652,874-1,799-7,097-1,5434,055-34,53232,40012,20620,405557-22,759
Employee Costs239,592222,156220,316137,040208,27568,33265,99562,72560,85458,25859,27457,63255,994
Number Of Employees3332311111111
EBITDA*-6,12011,8093,548-1,799-7,097-1,5435,006-34,54040,57715,52526,8801,115-21,915

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets4,3813,4241,7941,1502,5073,5436,0392,6772153224308612,583
Intangible Assets
Investments & Other100100100100
Debtors (Due After 1 year)
Total Fixed Assets4,3813,4241,7941,1502,5073,5436,0392,6773154225308612,683
Stock & work in progress
Trade Debtors121,284118,785100,01355,59359,33666,51965,14857,9581,4573,2277461,7903,750
Group Debtors
Misc Debtors
Cash6,4556,0107,31812,6556,834
misc current assets
total current assets121,284118,785100,01355,59359,33666,51965,14857,9587,9129,2378,06414,44510,584
total assets125,665122,209101,80756,74361,84370,06271,18760,6358,2279,6598,59415,30613,267
Bank overdraft
Bank loan
Trade Creditors 117,453107,87797,04054,85058,15159,27358,85552,3581,66710,4083,2528,1679,926
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities117,453107,87797,04054,85058,15159,27358,85552,3581,66710,4083,2528,1679,926
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities35,50052,00052,00026,000
provisions
total long term liabilities35,50052,00052,00026,000
total liabilities117,453107,87797,04054,85058,15159,27358,85552,3581,66745,90855,25260,16735,926
net assets8,21214,3324,7671,8933,69210,78912,3328,2776,560-36,249-46,658-44,861-22,659
total shareholders funds8,21214,3324,7671,8933,69210,78912,3328,2776,560-36,249-46,658-44,861-22,659
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit-6,12011,8093,548-1,799-7,097-1,5435,006-34,54040,46915,41726,450684-22,776
Depreciation108108430431861
Amortisation
Tax-2,244-674-951-8,100-3,245-6,095-176
Stock
Debtors2,49918,77244,420-3,743-7,1831,3717,19056,501-1,7702,481-1,044-1,9603,750
Creditors9,57610,83742,190-3,301-1,1224186,49750,691-8,7417,156-4,915-1,7599,926
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations9571,630644-1,357-1,036-2,4963,362-40,35025,50616,95516,9141,140-15,739
Investing Activities
capital expenditure-957-1,630-6441,3571,0362,496-3,362-2,462-111,291-3,444
Change in Investments-100100-100100
cash flow from investments-957-1,630-6441,3571,0362,496-3,362-2,362-1-991,391-3,544
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-35,500-16,50026,00026,000
share issue36,24910,409-1,797-22,202-22,759100
interest83133504917
cash flow from financing36,257-25,060-18,264-22,1523,29026,117
cash and cash equivalents
cash-6,455445-1,308-5,3375,8216,834
overdraft
change in cash-6,455445-1,308-5,3375,8216,834

safehands independent financial advisers ltd 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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Safehands Independent Financial Advisers Ltd Competitor Analysis

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Perform a competitor analysis for safehands independent financial advisers ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in GL50 area or any other competitors across 12 key performance metrics.

safehands independent financial advisers ltd Ownership

SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD group structure

Safehands Independent Financial Advisers Ltd has no subsidiary companies.

Ultimate parent company

SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD

07757055

SAFEHANDS INDEPENDENT FINANCIAL ADVISERS LTD Shareholders

anne manning 19%
andrew jamieson 15%
michelle jamieson 15%
mark manning 11%
john paterson 10%
jerry gilbert 10%
spare 10%
john fisher 10%

safehands independent financial advisers ltd directors

Safehands Independent Financial Advisers Ltd currently has 1 director, Mr Mark Manning serving since Oct 2011.

officercountryagestartendrole
Mr Mark ManningUnited Kingdom56 years Oct 2011- Director

P&L

March 2024

turnover

356.9k

+8%

operating profit

-6.1k

0%

gross margin

14.4%

-15.9%

turnover

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

Balance Sheet

March 2024

net assets

8.2k

-0.43%

total assets

125.7k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

safehands independent financial advisers ltd company details

company number

07757055

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

August 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

safehands ifa limited (February 2013)

accountant

-

auditor

-

address

st georges house, 29 st georges road, cheltenham, gloucestershire, GL50 3DU

Bank

-

Legal Advisor

-

safehands independent financial advisers 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 safehands independent financial advisers ltd.

safehands independent financial advisers ltd Capital Raised & Share Issues BETA

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safehands independent financial advisers ltd Companies House Filings - See Documents

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