Pomanda estimates the enterprise value of PROMETHEAN FINANCE LIMITED at £184.2k based on a Turnover of £258.1k and 0.71x industry multiple (adjusted for size and gross margin).
promethean finance limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROMETHEAN FINANCE LIMITED at £0 based on an EBITDA of £-9.4k and a 2.59x industry multiple (adjusted for size and gross margin).
promethean finance limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PROMETHEAN FINANCE LIMITED at £0 based on Net Assets of £-58.6k and 1.23x industry multiple (adjusted for liquidity).
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Promethean Finance LimitedOverview
Promethean Finance Limited is a live company located in manchester, M2 3HZ with a Companies House number of 08452246. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2013, it's largest shareholder is
eliot alfred maddison
with a 100% stake. Promethean Finance Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£258.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Promethean Finance Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
6 Weak
Size
annual sales of £258.1k, make it smaller than the average company (£5.1m)
£258.1k - Promethean Finance Limited
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Promethean Finance Limited
- - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (56.1%)
14.6% - Promethean Finance Limited
56.1% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (9.4%)
-3.6% - Promethean Finance Limited
9.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (12)
1 - Promethean Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £79.4k, the company has an equivalent pay structure (£79.4k)
£79.4k - Promethean Finance Limited
£79.4k - Industry AVG
Efficiency
resulting in sales per employee of £258.1k, this is more efficient (£213.2k)
£258.1k - Promethean Finance Limited
£213.2k - Industry AVG
Debtor Days
it gets paid by customers after 176 days, this is later than average (32 days)
176 days - Promethean Finance Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 220 days, this is slower than average (41 days)
220 days - Promethean Finance Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Promethean Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Promethean Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.9%, this is a higher level of debt than the average (69.3%)
146.9% - Promethean Finance Limited
69.3% - Industry AVG
PROMETHEAN FINANCE LIMITED financials
EXPORT
Promethean Finance Limited's latest turnover from March 2024 is estimated at £258.1 thousand and the company has net assets of -£58.6 thousand. According to their latest financial statements, Promethean Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
258,106
390,695
393,969
273,501
455,686
92,401
100,727
131,582
10,172
11,207
Other Income Or Grants
Cost Of Sales
220,333
322,731
318,985
217,667
367,679
72,567
76,455
90,138
7,073
7,949
Gross Profit
37,772
67,965
74,984
55,835
88,007
19,834
24,272
41,444
3,099
3,257
Admin Expenses
47,127
48,916
137,584
-2,133
54,102
89,651
5,016
21,784
26,282
-36,161
56,534
Operating Profit
-9,355
19,049
-62,600
2,133
1,733
-1,644
14,818
2,488
15,162
39,260
-53,277
Interest Payable
2,361
2,806
1,438
1,105
522
265
Interest Receivable
76
12
2
60
44
9
21
6
Pre-Tax Profit
-9,355
19,049
-64,885
-661
296
-2,689
14,340
2,233
15,183
39,266
-53,277
Tax
-3,619
-56
-2,725
-446
-3,036
-8,246
Profit After Tax
-9,355
15,430
-64,885
-661
240
-2,689
11,615
1,786
12,146
31,020
-53,277
Dividends Paid
Retained Profit
-9,355
15,430
-64,885
-661
240
-2,689
11,615
1,786
12,146
31,020
-53,277
Employee Costs
79,392
295,586
366,135
207,490
341,662
65,818
62,651
60,725
58,136
59,249
Number Of Employees
1
4
5
3
5
1
1
1
1
1
EBITDA*
-9,355
19,049
-62,265
2,892
2,492
-1,197
14,818
2,488
15,162
39,260
-53,277
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
335
1,094
1,853
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
335
1,094
1,853
Stock & work in progress
Trade Debtors
124,917
124,917
104,869
36,209
48,650
99
100
Group Debtors
6,021
5,121
Misc Debtors
56,588
58,489
49,276
16,681
11,619
30,025
Cash
20,363
4,010
1
15,995
1,651
5,850
2,408
misc current assets
74,653
12,705
total current assets
124,917
124,917
104,869
151,604
75,204
58,308
38,697
54,600
54,500
32,532
100
total assets
124,917
124,917
104,869
151,939
76,298
60,161
38,697
54,600
54,500
32,532
100
Bank overdraft
12,525
2,087
25,132
7,602
8,467
Bank loan
Trade Creditors
133,092
123,737
119,119
37,683
42,682
54,689
53,277
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
81,694
53,326
34,328
27,705
16,675
21,829
total current liabilities
133,092
123,737
119,119
94,219
55,413
59,460
35,307
62,825
64,511
54,689
53,277
loans
57,440
19,944
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,455
50,455
50,455
provisions
total long term liabilities
50,455
50,455
50,455
57,440
19,944
total liabilities
183,547
174,192
169,574
151,659
75,357
59,460
35,307
62,825
64,511
54,689
53,277
net assets
-58,630
-49,275
-64,705
280
941
701
3,390
-8,225
-10,011
-22,157
-53,177
total shareholders funds
-58,630
-49,275
-64,705
280
941
701
3,390
-8,225
-10,011
-22,157
-53,177
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
-9,355
19,049
-62,600
2,133
1,733
-1,644
14,818
2,488
15,162
39,260
-53,277
Depreciation
335
759
759
447
Amortisation
Tax
-3,619
-56
-2,725
-446
-3,036
-8,246
Stock
Debtors
20,048
48,281
-1,901
9,213
26,574
-30,247
4,299
18,526
30,024
100
Creditors
9,355
4,618
119,119
-37,683
-4,999
-12,007
1,412
53,277
Accruals and Deferred Income
-81,694
28,368
18,998
6,623
11,030
-5,154
21,829
Deferred Taxes & Provisions
Cash flow from operations
-73,121
33,161
12,221
-21,148
15,687
-12,410
3,422
2,402
-100
Investing Activities
capital expenditure
-2,300
Change in Investments
cash flow from investments
-2,300
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-57,440
37,496
19,944
Hire Purchase and Lease Commitments
other long term liabilities
50,455
share issue
-100
100
interest
-2,285
-2,794
-1,436
-1,045
-478
-256
21
6
cash flow from financing
-9,370
34,702
18,508
-1,045
-478
-256
21
6
100
cash and cash equivalents
cash
-20,363
16,353
4,009
-15,994
14,344
-4,199
3,442
2,408
overdraft
-12,525
10,438
-23,045
17,530
-865
8,467
change in cash
-7,838
5,915
27,054
-33,524
15,209
-12,666
3,442
2,408
promethean finance limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for promethean finance limited. Get real-time insights into promethean finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for promethean finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in M 2 area or any other competitors across 12 key performance metrics.
promethean finance limited Ownership
PROMETHEAN FINANCE LIMITED group structure
Promethean Finance Limited has no subsidiary companies.
Ultimate parent company
PROMETHEAN FINANCE LIMITED
08452246
PROMETHEAN FINANCE LIMITED Shareholders
The sole shareholder of Promethean Finance Limited is Eliot Alfred Maddison.
eliot alfred maddison
100%
promethean finance limited directors
Promethean Finance Limited currently has 1 director, Mr Eliot Maddison serving since Jun 2014.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
March 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
connected service solutions limited (July 2014)
accountant
-
auditor
-
address
international house, 61 mosley street, manchester, M2 3HZ
Bank
-
Legal Advisor
-
promethean finance 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 promethean finance limited.
promethean finance 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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promethean finance limitedCompanies House Filings - See Documents
