financial provision solutions limited
financial provision solutions limited Company Information
Company Number
08012656
Next Accounts
1903 days late
Directors
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
Website
fpsol.co.ukfinancial provision solutions limited Estimated Valuation
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
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
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
2 Strong
1 Regular
7 Weak
Size
annual sales of £293.2, make it smaller than the average company (£1.2m)
- Financial Provision Solutions Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -91%, show it is growing at a slower rate (5.4%)
- Financial Provision Solutions Limited
5.4% - Industry AVG
Production
with a gross margin of 40.9%, this company has a higher cost of product (88.3%)
- Financial Provision Solutions Limited
88.3% - Industry AVG
Profitability
an operating margin of -7524% make it less profitable than the average company (10.5%)
- Financial Provision Solutions Limited
10.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Financial Provision Solutions Limited
9 - Industry AVG
Pay Structure
on an average salary of £56.3k, the company has an equivalent pay structure (£56.3k)
- Financial Provision Solutions Limited
£56.3k - Industry AVG
Efficiency
resulting in sales per employee of £293.2, this is less efficient (£116.4k)
- Financial Provision Solutions Limited
£116.4k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (37 days)
- Financial Provision Solutions Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 2133 days, this is slower than average (44 days)
- Financial Provision Solutions Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Financial Provision Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Financial Provision Solutions Limited
- - Industry AVG
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
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 House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|
| Turnover | 53,354 | 361,963 | ||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -9,383 | 9,984 | ||||
| Tax | -1,288 | |||||
| Profit After Tax | -9,383 | 8,696 | ||||
| Dividends Paid | ||||||
| Retained Profit | -9,383 | 8,696 | ||||
| Employee Costs | 2,543 | 147,626 | ||||
| Number Of Employees | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,931 | 5,466 | 11,538 | 10,566 | ||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 2,931 | 5,466 | 11,538 | 10,566 | ||
| Stock & work in progress | ||||||
| Trade Debtors | 73 | 93,773 | 36,815 | 53,229 | 46,156 | 1,455 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 40,268 | 20,935 | 16,024 | |||
| misc current assets | 2,240 | 2,273 | 29,971 | |||
| total current assets | 2,313 | 96,046 | 66,786 | 93,497 | 67,091 | 17,479 |
| total assets | 2,313 | 96,046 | 69,717 | 98,963 | 78,629 | 28,045 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,012 | 7,461 | 1,177 | 19,751 | 41,373 | 12,163 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 1,012 | 7,461 | 1,177 | 19,751 | 41,373 | 12,163 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 221 | |||||
| other liabilities | 65,000 | 85,000 | 85,000 | 60,000 | 1,119 | |
| provisions | ||||||
| total long term liabilities | 65,221 | 85,000 | 85,000 | 60,000 | 1,119 | |
| total liabilities | 1,012 | 72,682 | 86,177 | 104,751 | 101,373 | 13,282 |
| net assets | 1,301 | 23,364 | -16,460 | -5,788 | -22,744 | 14,763 |
| total shareholders funds | 1,301 | 23,364 | -16,460 | -5,788 | -22,744 | 14,763 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 2,535 | 3,206 | 4,047 | 3,373 | ||
| Amortisation | ||||||
| Tax | -1,288 | |||||
| Stock | ||||||
| Debtors | -93,700 | 56,958 | -16,414 | 7,073 | 44,701 | 1,455 |
| Creditors | -6,449 | 6,284 | -18,574 | -21,622 | 29,210 | 12,163 |
| Accruals and Deferred Income | -221 | 221 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| 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 | -20,000 | 25,000 | 58,881 | 1,119 | |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | -1,289 | 33,260 | ||||
| cash and cash equivalents | ||||||
| cash | -40,268 | 19,333 | 4,911 | 16,024 | ||
| overdraft | ||||||
| change in cash | -40,268 | 19,333 | 4,911 | 16,024 |
financial provision solutions limited Credit Report and Business Information
Financial Provision Solutions Limited Competitor Analysis
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 directors
Financial Provision Solutions Limited currently has 1 director, Mr Arthur Lancaster serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Arthur Lancaster | 61 years | Mar 2014 | - | Director |
P&L
March 2018turnover
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 2018net 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
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.
Click to start generating capital raising & share issue transactions for FINANCIAL PROVISION SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
financial provision solutions limited Companies House Filings - See Documents
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