finlock solutions ltd
finlock solutions ltd Company Information
Company Number
08031886
Next Accounts
Feb 2025
Directors
Shareholders
paul hinton
elizabeth hinton
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
wilson field ltd the manor house, ecclesall road south, sheffield, S11 9PS
Website
finlocksolutions.comfinlock solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLOCK SOLUTIONS LTD at £355.3k based on a Turnover of £1.1m and 0.33x industry multiple (adjusted for size and gross margin).
finlock solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLOCK SOLUTIONS LTD at £0 based on an EBITDA of £-14.1k and a 3.12x industry multiple (adjusted for size and gross margin).
finlock solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of FINLOCK SOLUTIONS LTD at £97.9k based on Net Assets of £44.4k and 2.21x industry multiple (adjusted for liquidity).
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Finlock Solutions Ltd Overview
Finlock Solutions Ltd is a dissolved company that was located in sheffield, S11 9PS with a Companies House number of 08031886. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2012, it's largest shareholder was paul hinton with a 90% stake. The last turnover for Finlock Solutions Ltd was estimated at £1.1m.
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Finlock Solutions Ltd Health Check
Pomanda's financial health check has awarded Finlock Solutions Ltd 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 £1.1m, make it smaller than the average company (£3.5m)
- Finlock Solutions Ltd
£3.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Finlock Solutions Ltd
- - Industry AVG
Production
with a gross margin of 15.6%, this company has a higher cost of product (25.1%)
- Finlock Solutions Ltd
25.1% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (5.3%)
- Finlock Solutions Ltd
5.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (59)
- Finlock Solutions Ltd
59 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
- Finlock Solutions Ltd
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £267.7k, this is more efficient (£165k)
- Finlock Solutions Ltd
£165k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (59 days)
- Finlock Solutions Ltd
59 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (42 days)
- Finlock Solutions Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finlock Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Finlock Solutions Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.2%, this is a higher level of debt than the average (70%)
85.2% - Finlock Solutions Ltd
70% - Industry AVG
FINLOCK SOLUTIONS LTD financials
Finlock Solutions Ltd's latest turnover from April 2014 is estimated at £1.1 million and the company has net assets of £44.4 thousand. According to their latest financial statements, we estimate that Finlock Solutions Ltd has 4 employees and maintains cash reserves of £14.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2014 | Apr 2013 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2014 | Apr 2013 | |
|---|---|---|
| Tangible Assets | 12,135 | 10,917 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 12,135 | 10,917 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 274,326 | 196,544 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 14,474 | 14,099 |
| misc current assets | 0 | 0 |
| total current assets | 288,800 | 210,643 |
| total assets | 300,935 | 221,560 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 256,520 | 155,088 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 256,520 | 155,088 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 256,520 | 155,088 |
| net assets | 44,415 | 66,472 |
| total shareholders funds | 44,415 | 66,472 |
| Apr 2014 | Apr 2013 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 8,055 | 5,109 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 77,782 | 196,544 |
| Creditors | 101,432 | 155,088 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 375 | 14,099 |
| overdraft | 0 | 0 |
| change in cash | 375 | 14,099 |
finlock solutions ltd Credit Report and Business Information
Finlock Solutions Ltd Competitor Analysis
Perform a competitor analysis for finlock solutions ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in S11 area or any other competitors across 12 key performance metrics.
finlock solutions ltd Ownership
FINLOCK SOLUTIONS LTD group structure
Finlock Solutions Ltd has no subsidiary companies.
Ultimate parent company
FINLOCK SOLUTIONS LTD
08031886
finlock solutions ltd directors
Finlock Solutions Ltd currently has 1 director, Mr Loki Hinton-Bowen serving since Apr 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Loki Hinton-Bowen | Great Britain | 40 years | Apr 2012 | - | Director |
P&L
April 2014turnover
1.1m
+46%
operating profit
-22.1k
0%
gross margin
15.6%
-2.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2014net assets
44.4k
-0.33%
total assets
300.9k
+0.36%
cash
14.5k
+0.03%
net assets
Total assets minus all liabilities
finlock solutions ltd company details
company number
08031886
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
April 2014
previous names
N/A
accountant
-
auditor
-
address
wilson field ltd the manor house, ecclesall road south, sheffield, S11 9PS
Bank
-
Legal Advisor
-
finlock 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 finlock solutions ltd.
finlock 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 FINLOCK SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
finlock solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
