financial provision solutions limited

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financial provision solutions limited Company Information

Share FINANCIAL PROVISION SOLUTIONS LIMITED

Company Number

08012656

Shareholders

knox ltd

cadjin ltd

Group Structure

View All

Industry

Other activities auxiliary to financial services, except insurance and pension funding

 

Registered Address

belgrave place, 8 manchester road, bury, lancashire, BL9 0ED

financial provision solutions limited Estimated Valuation

£182

Pomanda estimates the enterprise value of FINANCIAL PROVISION SOLUTIONS LIMITED at £182 based on a Turnover of £293 and 0.62x industry multiple (adjusted for size and gross margin).

financial provision solutions limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FINANCIAL PROVISION SOLUTIONS LIMITED at £0 based on an EBITDA of £-22.1k and a 2.84x industry multiple (adjusted for size and gross margin).

financial provision solutions limited Estimated Valuation

£2.9k

Pomanda estimates the enterprise value of FINANCIAL PROVISION SOLUTIONS LIMITED at £2.9k based on Net Assets of £1.3k and 2.22x industry multiple (adjusted for liquidity).

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Financial Provision Solutions Limited Overview

Financial Provision Solutions Limited is a live company located in bury, BL9 0ED with a Companies House number of 08012656. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in March 2012, it's largest shareholder is knox ltd with a 70% stake. Financial Provision Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £293.2 with declining growth in recent years.

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Financial Provision Solutions Limited Health Check

Pomanda's financial health check has awarded Financial Provision Solutions Limited a 2 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 Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £293.2, make it smaller than the average company (£1.2m)

£293.2 - Financial Provision Solutions Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (5.4%)

-91% - Financial Provision Solutions Limited

5.4% - Industry AVG

production

Production

with a gross margin of 40.9%, this company has a higher cost of product (88.3%)

40.9% - Financial Provision Solutions Limited

88.3% - Industry AVG

profitability

Profitability

an operating margin of -7524% make it less profitable than the average company (10.5%)

-7524% - Financial Provision Solutions Limited

10.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (9)

1 - Financial Provision Solutions Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.3k, the company has an equivalent pay structure (£56.3k)

£56.3k - Financial Provision Solutions Limited

£56.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £293.2, this is less efficient (£116.4k)

£293.2 - Financial Provision Solutions Limited

£116.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 90 days, this is later than average (37 days)

90 days - Financial Provision Solutions Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2133 days, this is slower than average (44 days)

2133 days - Financial Provision Solutions Limited

44 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Financial Provision Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Financial Provision Solutions Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.8%, this is a lower level of debt than the average (57.3%)

43.8% - Financial Provision Solutions Limited

57.3% - Industry AVG

FINANCIAL PROVISION SOLUTIONS LIMITED financials

EXPORTms excel logo

Financial Provision Solutions Limited's latest turnover from March 2018 is estimated at £293 and the company has net assets of £1.3 thousand. According to their latest financial statements, we estimate that Financial Provision Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover293346,85153,354361,963207,0609,496
Other Income Or Grants
Cost Of Sales173224,66632,050225,363141,7466,071
Gross Profit120122,18521,304136,60065,3153,425
Admin Expenses22,18372,40530,788125,745102,914-15,828
Operating Profit-22,06349,780-9,48410,855-37,59919,253
Interest Payable
Interest Receivable9240
Pre-Tax Profit-22,06349,780-9,3839,984-37,50719,293
Tax-9,956-1,288-4,630
Profit After Tax-22,06339,824-9,3838,696-37,50714,663
Dividends Paid
Retained Profit-22,06339,824-9,3838,696-37,50714,663
Employee Costs56,316111,1342,543147,62659,24652,563
Number Of Employees121211
EBITDA*-22,06349,780-6,94914,061-33,55222,626

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets2,9315,46611,53810,566
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,9315,46611,53810,566
Stock & work in progress
Trade Debtors7393,77336,81553,22946,1561,455
Group Debtors
Misc Debtors
Cash40,26820,93516,024
misc current assets2,2402,27329,971
total current assets2,31396,04666,78693,49767,09117,479
total assets2,31396,04669,71798,96378,62928,045
Bank overdraft
Bank loan
Trade Creditors 1,0127,4611,17719,75141,37312,163
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,0127,4611,17719,75141,37312,163
loans
hp & lease commitments
Accruals and Deferred Income221
other liabilities65,00085,00085,00060,0001,119
provisions
total long term liabilities65,22185,00085,00060,0001,119
total liabilities1,01272,68286,177104,751101,37313,282
net assets1,30123,364-16,460-5,788-22,74414,763
total shareholders funds1,30123,364-16,460-5,788-22,74414,763
Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit-22,06349,780-9,48410,855-37,59919,253
Depreciation2,5353,2064,0473,373
Amortisation
Tax-9,956-1,288-4,630
Stock
Debtors-93,70056,958-16,4147,07344,7011,455
Creditors-6,4496,284-18,574-21,62229,21012,163
Accruals and Deferred Income-221221
Deferred Taxes & Provisions
Cash flow from operations64,967-10,629-9,109-15,922-49,04328,704
Investing Activities
capital expenditure2,9312,866-5,019-13,939
Change in Investments
cash flow from investments2,9312,866-5,019-13,939
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-65,000-20,00025,00058,8811,119
share issue-1,2898,260100
interest9240
cash flow from financing-65,000-20,000-1,28933,26058,9731,259
cash and cash equivalents
cash-40,26819,3334,91116,024
overdraft
change in cash-40,26819,3334,91116,024

financial provision solutions 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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Financial Provision Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for financial provision solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.

financial provision solutions limited Ownership

FINANCIAL PROVISION SOLUTIONS LIMITED group structure

Financial Provision Solutions Limited has no subsidiary companies.

Ultimate parent company

FINANCIAL PROVISION SOLUTIONS LIMITED

08012656

FINANCIAL PROVISION SOLUTIONS LIMITED Shareholders

knox ltd 70%
cadjin ltd 30%

financial provision solutions limited directors

Financial Provision Solutions Limited currently has 1 director, Mr Arthur Lancaster serving since Mar 2014.

officercountryagestartendrole
Mr Arthur Lancaster61 years Mar 2014- Director

P&L

March 2018

turnover

293.2

-100%

operating profit

-22.1k

0%

gross margin

41%

+16.25%

turnover

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

Balance Sheet

March 2018

net assets

1.3k

-0.94%

total assets

2.3k

-0.98%

cash

0

0%

net assets

Total assets minus all liabilities

financial provision solutions limited company details

company number

08012656

Type

Private limited with Share Capital

industry

66190 - Other activities auxiliary to financial services, except insurance and pension funding

incorporation date

March 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2018

previous names

pstg solutions limited (May 2012)

financial provision solutions limited (April 2012)

accountant

-

auditor

-

address

belgrave place, 8 manchester road, bury, lancashire, BL9 0ED

Bank

-

Legal Advisor

-

financial provision solutions 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 provision solutions limited.

financial provision solutions 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.

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financial provision solutions limited Companies House Filings - See Documents

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