Pomanda estimates the enterprise value of 17PP FINANCE LIMITED at £420.1k based on a Turnover of £555.5k and 0.76x industry multiple (adjusted for size and gross margin).
17pp finance limitedEstimated Valuation
£19.2k
Pomanda estimates the enterprise value of 17PP FINANCE LIMITED at £19.2k based on an EBITDA of £5.5k and a 3.49x industry multiple (adjusted for size and gross margin).
17pp finance limitedEstimated Valuation
£4.5m
Pomanda estimates the enterprise value of 17PP FINANCE LIMITED at £4.5m based on Net Assets of £1.3m and 3.56x industry multiple (adjusted for liquidity).
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17pp Finance LimitedOverview
17pp Finance Limited is a live company located in barnet, EN5 5XG with a Companies House number of 08503732. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in April 2013, it's largest shareholder is
gavin lawrence rabinowitz
with a 28.6% stake. 17pp Finance Limited is a established,
small sized company, Pomanda has estimated its turnover at
£555.5k with
rapid
growth in recent years.
Pomanda's financial health check has awarded 17Pp Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £555.5k, make it smaller than the average company (£5.1m)
£555.5k - 17pp Finance Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (6.3%)
49% - 17pp Finance Limited
6.3% - Industry AVG
Production
with a gross margin of 8.1%, this company has a higher cost of product (37.7%)
8.1% - 17pp Finance Limited
37.7% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (16.1%)
1% - 17pp Finance Limited
16.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - 17pp Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
£49.4k - 17pp Finance Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £277.7k, this is more efficient (£158.2k)
£277.7k - 17pp Finance Limited
£158.2k - Industry AVG
Debtor Days
it gets paid by customers after 1093 days, this is later than average (19 days)
1093 days - 17pp Finance Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is slower than average (12 days)
18 days - 17pp Finance Limited
12 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 17pp Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 17pp Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (91.6%)
23.7% - 17pp Finance Limited
91.6% - Industry AVG
17PP FINANCE LIMITED financials
EXPORT
17Pp Finance Limited's latest turnover from September 2023 is estimated at £555.5 thousand and the company has net assets of £1.3 million. According to their latest financial statements, 17Pp Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Turnover
555,452
380,676
262,101
168,203
194,931
158,167
33
576,932
86,439
Other Income Or Grants
Cost Of Sales
510,373
315,040
208,592
137,874
145,081
115,174
16
329,711
51,967
Gross Profit
45,080
65,636
53,509
30,329
49,850
42,993
16
247,221
34,473
Admin Expenses
39,584
264,506
-586,505
-96,250
-288,801
-794,999
-547,332
-341,923
778
-183,083
Operating Profit
5,496
-198,870
640,014
126,579
338,651
837,992
547,332
341,939
246,443
217,556
Interest Payable
108,856
146,464
197,656
379,918
391,403
198,224
29,358
14,679
Interest Receivable
5
7
19
11
48
44
300
300
Pre-Tax Profit
5,496
-198,870
531,163
-19,878
141,014
458,085
155,977
143,759
217,385
203,177
Tax
-1,374
-100,921
-26,793
-87,036
-29,636
-28,752
-43,477
-42,667
Profit After Tax
4,122
-198,870
430,242
-19,878
114,221
371,049
126,341
115,007
173,908
160,510
Dividends Paid
Retained Profit
4,122
-198,870
430,242
-19,878
114,221
371,049
126,341
115,007
173,908
160,510
Employee Costs
98,875
114,683
84,895
105,000
93,503
99,700
57,724
88,438
39,036
Number Of Employees
2
2
2
2
2
2
1
2
1
EBITDA*
5,496
-198,870
640,014
126,579
338,651
837,992
547,332
341,939
246,443
217,556
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
1,664,261
1,683,303
2,220,095
3,129,939
925,182
Group Debtors
Misc Debtors
8,381
5,129
5,957
5,057,199
2,771,746
5,665,435
7,241,401
6,339,031
Cash
9,205
5,000
18
3,000
35,000
120,099
misc current assets
total current assets
1,672,642
1,688,432
2,226,052
5,066,404
2,776,746
5,665,453
7,244,401
6,374,031
3,129,939
1,045,281
total assets
1,672,642
1,688,432
2,226,052
5,066,404
2,776,746
5,665,453
7,244,401
6,374,031
3,129,939
1,045,281
Bank overdraft
6,181,739
5,439,829
Bank loan
3,569,053
1,233,036
4,171,769
Trade Creditors
26,175
46,087
302,986
66
2,342,955
432,205
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
3,627
30,108
94,303
34,330
32,145
total current liabilities
26,175
46,087
302,986
3,572,680
1,263,144
4,266,072
6,216,069
5,472,040
2,342,955
432,205
loans
451,666
451,666
451,666
451,666
451,666
hp & lease commitments
Accruals and Deferred Income
other liabilities
369,815
369,815
451,666
451,666
451,666
provisions
total long term liabilities
369,815
369,815
451,666
451,666
451,666
451,666
451,666
451,666
451,666
451,666
total liabilities
395,990
415,902
754,652
4,024,346
1,714,810
4,717,738
6,667,735
5,923,706
2,794,621
883,871
net assets
1,276,652
1,272,530
1,471,400
1,042,058
1,061,936
947,715
576,666
450,325
335,318
161,410
total shareholders funds
1,276,652
1,272,530
1,471,400
1,042,058
1,061,936
947,715
576,666
450,325
335,318
161,410
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Operating Activities
Operating Profit
5,496
-198,870
640,014
126,579
338,651
837,992
547,332
341,939
246,443
217,556
Depreciation
Amortisation
Tax
-1,374
-100,921
-26,793
-87,036
-29,636
-28,752
-43,477
-42,667
Stock
Debtors
-15,790
-537,620
-2,831,147
2,285,453
-2,893,689
-1,575,966
902,370
3,209,092
2,204,757
925,182
Creditors
-19,912
-256,899
302,986
-66
-2,342,889
1,910,750
432,205
Accruals and Deferred Income
-3,627
-26,481
-64,195
59,973
2,185
32,145
Deferred Taxes & Provisions
Cash flow from operations
81,851
3,669,599
-2,185,355
3,141,352
2,386,895
-382,555
-5,206,649
-91,041
-318,088
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-3,569,053
2,336,017
-2,938,733
4,171,769
Group/Directors Accounts
Other Short Term Loans
Long term loans
-451,666
451,666
Hire Purchase and Lease Commitments
other long term liabilities
-81,851
451,666
share issue
-900
900
interest
-108,851
-146,457
-197,637
-379,907
-391,355
-198,180
-29,058
-14,379
cash flow from financing
-81,851
-3,678,804
2,189,560
-3,136,370
3,791,862
-391,355
-198,180
-29,058
438,187
cash and cash equivalents
cash
-9,205
4,205
4,982
-2,982
-32,000
35,000
-120,099
120,099
overdraft
-6,181,739
741,910
5,439,829
change in cash
-9,205
4,205
4,982
6,178,757
-773,910
-5,404,829
-120,099
120,099
17pp 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 17pp finance limited. Get real-time insights into 17pp finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for 17pp finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EN5 area or any other competitors across 12 key performance metrics.
17pp finance limited Ownership
17PP FINANCE LIMITED group structure
17Pp Finance Limited has no subsidiary companies.
Ultimate parent company
17PP FINANCE LIMITED
08503732
17PP FINANCE LIMITED Shareholders
The largest shareholders in 17Pp Finance Limited include Gavin Lawrence Rabinowitz and Roy Ettlinger.
gavin lawrence rabinowitz
28.57%
roy ettlinger
28.57%
gill roediger
28.57%
saul jonathan forman
14.29%
17pp finance limited directors
17Pp Finance Limited currently has 2 directors.
The longest serving directors include
Mr Gavin Rabinowitz (Apr 2013) and
Mr Saul Forman (Apr 2013).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
1.3m
0%
total assets
1.7m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
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17pp finance limited company details
company number
08503732
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
April 2013
age
12
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
argo finance limited (January 2022)
cheval finance limited (June 2013)
accountant
RICHARD ANTHONY
auditor
-
address
6a nesbitts alley, barnet, EN5 5XG
Bank
-
Legal Advisor
-
17pp 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 found 1 charges/mortgages relating to 17pp finance limited. Currently there are 0 open charges and 1 have been satisfied in the past.
17pp 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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17pp finance limitedCompanies House Filings - See Documents
