finalytiq limited
finalytiq limited Company Information
Company Number
08600432
Website
www.finalytiq.co.ukRegistered Address
1 tower house tower centre, hoddesdon, hertfordshire, EN11 8UR
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Telephone
01268502454
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
funmilayo okusanya 100%
finalytiq limited Estimated Valuation
Pomanda estimates the enterprise value of FINALYTIQ LIMITED at £228.6k based on a Turnover of £227.8k and 1x industry multiple (adjusted for size and gross margin).
finalytiq limited Estimated Valuation
Pomanda estimates the enterprise value of FINALYTIQ LIMITED at £0 based on an EBITDA of £-35.2k and a 4.38x industry multiple (adjusted for size and gross margin).
finalytiq limited Estimated Valuation
Pomanda estimates the enterprise value of FINALYTIQ LIMITED at £0 based on Net Assets of £-323 and 2.46x industry multiple (adjusted for liquidity).
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Finalytiq Limited Overview
Finalytiq Limited is a live company located in hertfordshire, EN11 8UR with a Companies House number of 08600432. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in July 2013, it's largest shareholder is funmilayo okusanya with a 100% stake. Finalytiq Limited is a established, micro sized company, Pomanda has estimated its turnover at £227.8k with declining growth in recent years.
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Finalytiq Limited Health Check
Pomanda's financial health check has awarded Finalytiq Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £227.8k, make it smaller than the average company (£3.5m)
- Finalytiq Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (5.7%)
- Finalytiq Limited
5.7% - Industry AVG
Production
with a gross margin of 84%, this company has a comparable cost of product (84%)
- Finalytiq Limited
84% - Industry AVG
Profitability
an operating margin of -20.7% make it less profitable than the average company (9.2%)
- Finalytiq Limited
9.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Finalytiq Limited
15 - Industry AVG
Pay Structure
on an average salary of £82k, the company has an equivalent pay structure (£82k)
- Finalytiq Limited
£82k - Industry AVG
Efficiency
resulting in sales per employee of £113.9k, this is less efficient (£213.6k)
- Finalytiq Limited
£213.6k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (36 days)
- Finalytiq Limited
36 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Finalytiq Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finalytiq Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is average cash available to meet short term requirements (36 weeks)
34 weeks - Finalytiq Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (43.7%)
100.4% - Finalytiq Limited
43.7% - Industry AVG
FINALYTIQ LIMITED financials
Finalytiq Limited's latest turnover from December 2023 is estimated at £227.8 thousand and the company has net assets of -£323. According to their latest financial statements, Finalytiq Limited has 2 employees and maintains cash reserves of £23.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 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 | 2 | 2 | 2 | 7 | 4 | 4 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,735 | 46,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 35,735 | 46,674 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,350 | 8,537 | 10,200 | 5,720 | 10,100 | 40,328 | 9,303 | 22,109 | 5,182 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,624 | 8,575 | 93,572 | 52,974 | 26,369 | 0 | 5,409 | 0 | 0 | 0 |
| Cash | 23,119 | 100,430 | 66,533 | 56,522 | 4,808 | 0 | 0 | 10,446 | 28,693 | 3,208 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 55,093 | 117,542 | 170,305 | 115,216 | 41,277 | 40,328 | 14,712 | 32,555 | 33,875 | 3,208 |
| total assets | 90,828 | 164,216 | 170,305 | 115,216 | 41,277 | 40,328 | 14,712 | 32,555 | 33,875 | 3,208 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 0 | 5,759 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 17,091 | 10,921 | 19,492 | 17,826 | 3,107 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,804 | 6,804 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,192 | 25,496 | 58,521 | 62,533 | 18,396 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 34,996 | 42,300 | 68,521 | 62,533 | 24,155 | 17,091 | 10,921 | 19,492 | 17,826 | 3,107 |
| loans | 14,167 | 24,167 | 34,167 | 52,334 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 35,198 | 42,002 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 6,790 | 8,868 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 56,155 | 75,037 | 34,167 | 52,334 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 91,151 | 117,337 | 102,688 | 114,867 | 24,155 | 17,091 | 10,921 | 19,492 | 17,826 | 3,107 |
| net assets | -323 | 46,879 | 67,617 | 349 | 17,122 | 23,237 | 3,791 | 13,063 | 16,049 | 101 |
| total shareholders funds | -323 | 46,879 | 67,617 | 349 | 17,122 | 23,237 | 3,791 | 13,063 | 16,049 | 101 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 11,911 | 11,669 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 14,862 | -86,660 | 45,078 | 22,225 | -3,859 | 25,616 | -7,397 | 16,927 | 5,182 | 0 |
| Creditors | 0 | 0 | 0 | 0 | -17,091 | 6,170 | -8,571 | 1,666 | 14,719 | 3,107 |
| Accruals and Deferred Income | -7,304 | -33,025 | -4,012 | 44,137 | 18,396 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,078 | 8,868 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | -18,167 | 52,334 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,804 | 48,806 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -77,311 | 33,897 | 10,011 | 51,714 | 4,808 | 0 | -10,446 | -18,247 | 25,485 | 3,208 |
| overdraft | 0 | 0 | 10,000 | -5,759 | 5,759 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -77,311 | 33,897 | 11 | 57,473 | -951 | 0 | -10,446 | -18,247 | 25,485 | 3,208 |
finalytiq limited Credit Report and Business Information
Finalytiq Limited Competitor Analysis
Perform a competitor analysis for finalytiq limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EN11 area or any other competitors across 12 key performance metrics.
finalytiq limited Ownership
FINALYTIQ LIMITED group structure
Finalytiq Limited has no subsidiary companies.
Ultimate parent company
FINALYTIQ LIMITED
08600432
finalytiq limited directors
Finalytiq Limited currently has 2 directors. The longest serving directors include Mr Abraham Okusanya (Jul 2013) and Mrs Funmilayo Okusanya (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abraham Okusanya | England | 42 years | Jul 2013 | - | Director |
| Mrs Funmilayo Okusanya | United Kingdom | 41 years | Oct 2020 | - | Director |
P&L
December 2023turnover
227.8k
-4%
operating profit
-47.1k
0%
gross margin
84%
+1.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-323
-1.01%
total assets
90.8k
-0.45%
cash
23.1k
-0.77%
net assets
Total assets minus all liabilities
Similar Companies
finalytiq limited company details
company number
08600432
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ATTERBOROUGH (ACCOUNTANTS) LIMITED
auditor
-
address
1 tower house tower centre, hoddesdon, hertfordshire, EN11 8UR
Bank
-
Legal Advisor
-
finalytiq 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 finalytiq limited.
finalytiq limited Companies House Filings - See Documents
| date | description | view/download |
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