exeter finance ltd
exeter finance ltd Company Information
Company Number
08577273
Next Accounts
Jun 2026
Shareholders
exeter finance group limited
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
3rd floor, the senate, southernhay gardens, exeter, EX1 1UG
Website
www.exeterfinance.co.ukexeter finance ltd Estimated Valuation
Pomanda estimates the enterprise value of EXETER FINANCE LTD at £91.8m based on a Turnover of £37.9m and 2.42x industry multiple (adjusted for size and gross margin).
exeter finance ltd Estimated Valuation
Pomanda estimates the enterprise value of EXETER FINANCE LTD at £24.9m based on an EBITDA of £3m and a 8.39x industry multiple (adjusted for size and gross margin).
exeter finance ltd Estimated Valuation
Pomanda estimates the enterprise value of EXETER FINANCE LTD at £13.3m based on Net Assets of £7m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Exeter Finance Ltd Overview
Exeter Finance Ltd is a live company located in exeter, EX1 1UG with a Companies House number of 08577273. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in June 2013, it's largest shareholder is exeter finance group limited with a 100% stake. Exeter Finance Ltd is a established, large sized company, Pomanda has estimated its turnover at £37.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Exeter Finance Ltd Health Check
Pomanda's financial health check has awarded Exeter Finance Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £37.9m, make it larger than the average company (£7.2m)
- Exeter Finance Ltd
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 184%, show it is growing at a faster rate (14.7%)
- Exeter Finance Ltd
14.7% - Industry AVG
Production
with a gross margin of 56.4%, this company has a comparable cost of product (56.4%)
- Exeter Finance Ltd
56.4% - Industry AVG
Profitability
an operating margin of 7.8% make it less profitable than the average company (18.7%)
- Exeter Finance Ltd
18.7% - Industry AVG
Employees
with 8 employees, this is above the industry average (5)
8 - Exeter Finance Ltd
5 - Industry AVG
Pay Structure
on an average salary of £65.8k, the company has an equivalent pay structure (£65.8k)
- Exeter Finance Ltd
£65.8k - Industry AVG
Efficiency
resulting in sales per employee of £4.7m, this is more efficient (£494.8k)
- Exeter Finance Ltd
£494.8k - Industry AVG
Debtor Days
it gets paid by customers after 391 days, this is later than average (151 days)
- Exeter Finance Ltd
151 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Exeter Finance Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Exeter Finance Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Exeter Finance Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.4%, this is a similar level of debt than the average (88.4%)
83.4% - Exeter Finance Ltd
88.4% - Industry AVG
EXETER FINANCE LTD financials
Exeter Finance Ltd's latest turnover from September 2024 is estimated at £37.9 million and the company has net assets of £7 million. According to their latest financial statements, Exeter Finance Ltd has 8 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 7 | 7 | 5 | 5 | 4 | 4 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 76,790 | 5,677 | 4,782 | 515 | 1,060 | 1,817 | 5,262 | 6,534 | 6,708 | 1,673 | 1,102 |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | 1,568,664 | 3,093,578 | 785,531 | 4,268,479 | 1,766,556 | ||||||
| Total Fixed Assets | 76,790 | 5,677 | 4,782 | 515 | 1,060 | 1,817 | 1,573,926 | 3,100,112 | 792,239 | 4,270,152 | 1,767,658 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 40,604,265 | 39,847,922 | 9,853 | ||||||||
| Group Debtors | |||||||||||
| Misc Debtors | 66,531 | 65,682 | 40,437,605 | 39,310,054 | 28,410,512 | 24,886,125 | 22,725,163 | 14,314,531 | 8,860,288 | 14,161 | |
| Cash | 1,302,306 | 1,437,156 | 2,290,119 | 1,761,388 | 1,144,709 | 869,272 | 308,292 | 560,668 | 105,793 | 49,035 | 3,554 |
| misc current assets | 1,171,658 | ||||||||||
| total current assets | 41,973,102 | 41,350,760 | 42,727,724 | 41,071,442 | 29,555,221 | 26,927,055 | 23,033,455 | 14,875,199 | 8,966,081 | 58,888 | 17,715 |
| total assets | 42,049,892 | 41,356,437 | 42,732,506 | 41,071,957 | 29,556,281 | 26,928,872 | 24,607,381 | 17,975,311 | 9,758,320 | 4,329,040 | 1,785,373 |
| Bank overdraft | 33,663 | ||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 2,973,712 | 328,706 | |||||||||
| Group/Directors Accounts | 12,811,866 | 11,178,314 | 11,147,594 | 11,313,021 | 6,539,489 | 4,839,902 | 4,736,805 | ||||
| other short term finances | 17,519,500 | 19,752,600 | 20,779,641 | 21,400,622 | 15,677,463 | 13,848,500 | 12,590,722 | 7,604,344 | |||
| hp & lease commitments | 3,983 | ||||||||||
| other current liabilities | 1,816,841 | 1,922,897 | 1,743,756 | 1,684,662 | 1,871,204 | 1,357,923 | 1,328,848 | 991,495 | 5,192,324 | ||
| total current liabilities | 32,152,190 | 32,853,811 | 33,670,991 | 34,398,305 | 24,088,156 | 20,046,325 | 18,656,375 | 8,595,839 | 5,225,987 | 2,973,712 | 328,706 |
| loans | 2,881,500 | 2,066,500 | 3,390,500 | 2,506,000 | 2,552,500 | 4,481,500 | 4,435,511 | 8,650,250 | |||
| hp & lease commitments | 48,390 | ||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 4,161,622 | 1,200,000 | 1,430,000 | ||||||||
| provisions | 4,000 | 1,400 | 1,500 | 200 | 290 | 895 | 1,274 | ||||
| total long term liabilities | 2,933,890 | 2,067,900 | 3,392,000 | 2,506,000 | 2,552,700 | 4,481,790 | 4,436,406 | 8,651,524 | 4,161,622 | 1,200,000 | 1,430,000 |
| total liabilities | 35,086,080 | 34,921,711 | 37,062,991 | 36,904,305 | 26,640,856 | 24,528,115 | 23,092,781 | 17,247,363 | 9,387,609 | 4,173,712 | 1,758,706 |
| net assets | 6,963,812 | 6,434,726 | 5,669,515 | 4,167,652 | 2,915,425 | 2,400,757 | 1,514,600 | 727,948 | 370,711 | 155,328 | 26,667 |
| total shareholders funds | 6,963,812 | 6,434,726 | 5,669,515 | 4,167,652 | 2,915,425 | 2,400,757 | 1,514,600 | 727,948 | 370,711 | 155,328 | 26,667 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 9,481 | 3,968 | 2,850 | 545 | 2,274 | 3,445 | 3,633 | 2,395 | 1,176 | 447 | 48 |
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | |||||||||||
| Debtors | 757,192 | -524,001 | 1,127,551 | 10,899,542 | 3,524,387 | 592,298 | 6,885,718 | 7,762,290 | 5,367,487 | 2,497,615 | 1,780,717 |
| Creditors | -2,973,712 | 2,645,006 | 328,706 | ||||||||
| Accruals and Deferred Income | -106,056 | 179,141 | 59,094 | -186,542 | 513,281 | 29,075 | 337,353 | -4,200,829 | 5,192,324 | ||
| Deferred Taxes & Provisions | 2,600 | -100 | 1,500 | -200 | -90 | -605 | -379 | 1,274 | |||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 1,633,552 | 30,720 | -165,427 | 4,773,532 | 1,699,587 | 103,097 | 4,736,805 | ||||
| Other Short Term Loans | -2,233,100 | -1,027,041 | -620,981 | 5,723,159 | 1,828,963 | 1,257,778 | 4,986,378 | 7,604,344 | |||
| Long term loans | 815,000 | -1,324,000 | 884,500 | -46,500 | -1,929,000 | 45,989 | -4,214,739 | 8,650,250 | |||
| Hire Purchase and Lease Commitments | 52,373 | ||||||||||
| other long term liabilities | -4,161,622 | 2,961,622 | -230,000 | 1,430,000 | |||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -134,850 | -852,963 | 528,731 | 616,679 | 275,437 | 560,980 | -252,376 | 454,875 | 56,758 | 45,481 | 3,554 |
| overdraft | -33,663 | 33,663 | |||||||||
| change in cash | -134,850 | -852,963 | 528,731 | 616,679 | 275,437 | 560,980 | -252,376 | 488,538 | 23,095 | 45,481 | 3,554 |
exeter finance ltd Credit Report and Business Information
Exeter Finance Ltd Competitor Analysis
Perform a competitor analysis for exeter finance ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EX1 area or any other competitors across 12 key performance metrics.
exeter finance ltd Ownership
EXETER FINANCE LTD group structure
Exeter Finance Ltd has 2 subsidiary companies.
Ultimate parent company
1 parent
EXETER FINANCE LTD
08577273
2 subsidiaries
exeter finance ltd directors
Exeter Finance Ltd currently has 2 directors. The longest serving directors include Mr Peter Keech (Jun 2013) and Mr Christopher Hall (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Keech | 70 years | Jun 2013 | - | Director | |
| Mr Christopher Hall | United Kingdom | 66 years | Nov 2015 | - | Director |
P&L
September 2024turnover
37.9m
+49%
operating profit
3m
0%
gross margin
56.5%
-15.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
7m
+0.08%
total assets
42m
+0.02%
cash
1.3m
-0.09%
net assets
Total assets minus all liabilities
exeter finance ltd company details
company number
08577273
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
June 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2024
previous names
N/A
accountant
FRANCIS CLARK LLP
auditor
-
address
3rd floor, the senate, southernhay gardens, exeter, EX1 1UG
Bank
-
Legal Advisor
-
exeter finance 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 exeter finance ltd.
exeter finance 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 EXETER FINANCE LTD. This can take several minutes, an email will notify you when this has completed.
exeter finance ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
