coates financial services limited
coates financial services limited Company Information
Company Number
08035346
Next Accounts
Dec 2024
Industry
Activities of insurance agents and brokers
Directors
Shareholders
nigel david coates
julie coates
Group Structure
View All
Contact
Registered Address
office 3, great western house, boundary la, chester, CH4 8RD
Website
-coates financial services limited Estimated Valuation
Pomanda estimates the enterprise value of COATES FINANCIAL SERVICES LIMITED at £41.1k based on a Turnover of £36k and 1.14x industry multiple (adjusted for size and gross margin).
coates financial services limited Estimated Valuation
Pomanda estimates the enterprise value of COATES FINANCIAL SERVICES LIMITED at £111.8k based on an EBITDA of £24.5k and a 4.57x industry multiple (adjusted for size and gross margin).
coates financial services limited Estimated Valuation
Pomanda estimates the enterprise value of COATES FINANCIAL SERVICES LIMITED at £54.8k based on Net Assets of £19.8k and 2.76x industry multiple (adjusted for liquidity).
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Coates Financial Services Limited Overview
Coates Financial Services Limited is a dissolved company that was located in chester, CH4 8RD with a Companies House number of 08035346. It operated in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in April 2012, it's largest shareholder was nigel david coates with a 90% stake. The last turnover for Coates Financial Services Limited was estimated at £36k.
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Coates Financial Services Limited Health Check
Pomanda's financial health check has awarded Coates Financial Services Limited a 2.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £36k, make it smaller than the average company (£2.8m)
- Coates Financial Services Limited
£2.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (3.3%)
- Coates Financial Services Limited
3.3% - Industry AVG
Production
with a gross margin of 59.5%, this company has a higher cost of product (89.2%)
- Coates Financial Services Limited
89.2% - Industry AVG
Profitability
an operating margin of 67.9% make it more profitable than the average company (14.9%)
- Coates Financial Services Limited
14.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (22)
- Coates Financial Services Limited
22 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Coates Financial Services Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £36k, this is less efficient (£104.3k)
- Coates Financial Services Limited
£104.3k - Industry AVG
Debtor Days
it gets paid by customers after 218 days, this is later than average (74 days)
- Coates Financial Services Limited
74 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is quicker than average (76 days)
- Coates Financial Services Limited
76 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Coates Financial Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Coates Financial Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (63.9%)
8.5% - Coates Financial Services Limited
63.9% - Industry AVG
COATES FINANCIAL SERVICES LIMITED financials
Coates Financial Services Limited's latest turnover from September 2021 is estimated at £36 thousand and the company has net assets of £19.8 thousand. According to their latest financial statements, we estimate that Coates Financial Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 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 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 132 | 0 | 0 | 132 | 294 | 151 | 324 | 373 | 391 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 132 | 100 | 100 | 132 | 294 | 151 | 324 | 373 | 391 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 21,552 | 0 | 0 | 23,707 | 53,999 | 1,148 | 674 | 3,617 | 2,900 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 53,249 | 61,112 | 50,720 | 41,731 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 21,552 | 0 | 0 | 23,707 | 53,999 | 54,397 | 61,786 | 54,337 | 44,631 |
| total assets | 21,684 | 100 | 100 | 23,839 | 54,293 | 54,548 | 62,110 | 54,710 | 45,022 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,846 | 0 | 0 | 4,001 | 12,995 | 13,290 | 22,673 | 23,460 | 25,641 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,846 | 0 | 0 | 4,001 | 12,995 | 13,290 | 22,673 | 23,460 | 25,641 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,846 | 0 | 0 | 4,001 | 12,995 | 13,290 | 22,673 | 23,460 | 25,641 |
| net assets | 19,838 | 100 | 100 | 19,838 | 41,298 | 41,258 | 39,437 | 31,250 | 19,381 |
| total shareholders funds | 19,838 | 100 | 100 | 19,838 | 41,298 | 41,258 | 39,437 | 31,250 | 19,381 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 173 | 333 | 257 | 197 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 21,552 | 0 | -23,707 | -30,292 | 52,851 | 474 | -2,943 | 717 | 2,900 |
| Creditors | 1,846 | 0 | -4,001 | -8,994 | -295 | -9,383 | -787 | -2,181 | 25,641 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -100 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | -53,249 | -7,863 | 10,392 | 8,989 | 41,731 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -53,249 | -7,863 | 10,392 | 8,989 | 41,731 |
coates financial services limited Credit Report and Business Information
Coates Financial Services Limited Competitor Analysis
Perform a competitor analysis for coates financial services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in CH4 area or any other competitors across 12 key performance metrics.
coates financial services limited Ownership
COATES FINANCIAL SERVICES LIMITED group structure
Coates Financial Services Limited has no subsidiary companies.
Ultimate parent company
COATES FINANCIAL SERVICES LIMITED
08035346
coates financial services limited directors
Coates Financial Services Limited currently has 1 director, Mr Nigel Coates serving since Apr 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Coates | United Kingdom | 67 years | Apr 2012 | - | Director |
P&L
September 2021turnover
36k
0%
operating profit
24.5k
0%
gross margin
59.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
19.8k
+197.38%
total assets
21.7k
+215.84%
cash
0
0%
net assets
Total assets minus all liabilities
coates financial services limited company details
company number
08035346
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
April 2012
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2021
previous names
N/A
accountant
-
auditor
-
address
office 3, great western house, boundary la, chester, CH4 8RD
Bank
-
Legal Advisor
-
coates financial services 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 coates financial services limited.
coates financial services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
