praetura asset finance (sb) limited

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praetura asset finance (sb) limited Company Information

Share PRAETURA ASSET FINANCE (SB) LIMITED

Company Number

08766580

Shareholders

praetura asset finance limited

Group Structure

View All

Industry

Financial leasing

 

Registered Address

ewood house walker park, guide, blackburn, BB1 2QE

praetura asset finance (sb) limited Estimated Valuation

£31k

Pomanda estimates the enterprise value of PRAETURA ASSET FINANCE (SB) LIMITED at £31k based on a Turnover of £24.3k and 1.28x industry multiple (adjusted for size and gross margin).

praetura asset finance (sb) limited Estimated Valuation

£109.9k

Pomanda estimates the enterprise value of PRAETURA ASSET FINANCE (SB) LIMITED at £109.9k based on an EBITDA of £21.7k and a 5.05x industry multiple (adjusted for size and gross margin).

praetura asset finance (sb) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PRAETURA ASSET FINANCE (SB) LIMITED at £0 based on Net Assets of £-822.3k and 2x industry multiple (adjusted for liquidity).

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Praetura Asset Finance (sb) Limited Overview

Praetura Asset Finance (sb) Limited is a live company located in blackburn, BB1 2QE with a Companies House number of 08766580. It operates in the financial leasing sector, SIC Code 64910. Founded in November 2013, it's largest shareholder is praetura asset finance limited with a 100% stake. Praetura Asset Finance (sb) Limited is a established, micro sized company, Pomanda has estimated its turnover at £24.3k with declining growth in recent years.

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Praetura Asset Finance (sb) Limited Health Check

Pomanda's financial health check has awarded Praetura Asset Finance (Sb) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £24.3k, make it smaller than the average company (£2.9m)

£24.3k - Praetura Asset Finance (sb) Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (-0.2%)

-59% - Praetura Asset Finance (sb) Limited

-0.2% - Industry AVG

production

Production

with a gross margin of 45.6%, this company has a comparable cost of product (49.3%)

45.6% - Praetura Asset Finance (sb) Limited

49.3% - Industry AVG

profitability

Profitability

an operating margin of 89.7% make it more profitable than the average company (39.8%)

89.7% - Praetura Asset Finance (sb) Limited

39.8% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (8)

3 - Praetura Asset Finance (sb) Limited

8 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £8.1k, this is less efficient (£548k)

£8.1k - Praetura Asset Finance (sb) Limited

£548k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Praetura Asset Finance (sb) Limited

- - Industry AVG

PRAETURA ASSET FINANCE (SB) LIMITED financials

EXPORTms excel logo

Praetura Asset Finance (Sb) Limited's latest turnover from December 2023 is £24.3 thousand and the company has net assets of -£822.3 thousand. According to their latest financial statements, Praetura Asset Finance (Sb) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Turnover24,25299,330276,090348,417405,455935,186728,672910,6861,039,395331,005
Other Income Or Grants
Cost Of Sales13,18642,82053,305212,417176,792365,641276,457357,473391,270131,807
Gross Profit11,06656,510222,785136,000228,663569,545452,215553,213648,125199,198
Admin Expenses-10,682-1,849200,000100,000473,158511,162200,000711,705785,097868,490
Operating Profit21,74858,35922,78536,000-244,49558,383252,215-158,492-136,972-669,292
Interest Payable358,719
Interest Receivable
Pre-Tax Profit11,0666,51022,78536,000-244,49558,383252,215-158,492-136,972-669,292
Tax
Profit After Tax11,0666,51022,78536,000-244,49558,383252,215-158,492-136,972-669,292
Dividends Paid
Retained Profit11,0666,51022,78536,000-244,49558,383252,215-158,492-136,972-669,292
Employee Costs359,96569,820
Number Of Employees3555122331
EBITDA*21,74858,35922,78536,000-244,49558,383252,215-158,492-136,972-669,292

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)210,210716,0291,423,8483,123,6794,151,0175,251,9283,383,7304,696,2433,681,281
Total Fixed Assets210,210716,0291,423,8483,123,6794,151,0175,251,9283,383,7304,696,2433,681,281
Stock & work in progress
Trade Debtors1,047,078
Group Debtors35,4045,805,709
Misc Debtors423,699425,358928,3373,626,9203,857,3352,598,9873,239,1271,859,746
Cash
misc current assets
total current assets423,699460,762928,3371,047,0783,626,9203,857,3352,598,9873,239,1277,665,455
total assets633,9091,176,7912,352,1854,170,7577,777,9379,109,2635,982,7177,935,37011,346,736
Bank overdraft
Bank loan321,779960,8192,745,8462,835,4392,457,0272,808,3361,755,504
Trade Creditors 1,342,939
Group/Directors Accounts822,2911,080,4761,188,7261,248,9581,856,0042,328,3502,368,2612,226,4777,493,689
other short term finances
hp & lease commitments
other current liabilities1,108742,639
total current liabilities822,2911,342,9391,403,3631,931,3652,209,7774,601,8505,163,7894,825,2885,034,8139,249,193
loans124,327613,2951,283,4722,859,6323,830,2444,658,0142,122,1843,706,8202,766,834
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities124,327613,2951,283,4722,859,6323,830,2444,658,0142,122,1843,706,8202,766,834
total liabilities822,2911,467,2662,016,6583,214,8375,069,4098,432,0949,821,8036,947,4728,741,63312,016,027
net assets-822,291-833,357-839,867-862,652-898,652-654,157-712,540-964,755-806,263-669,291
total shareholders funds-822,291-833,357-839,867-862,652-898,652-654,157-712,540-964,755-806,263-669,291
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
Operating Activities
Operating Profit21,74858,35922,78536,000-244,49558,383252,215-158,492-136,972-669,292
Depreciation
Amortisation
Tax
Stock
Debtors-633,909-542,882-1,175,394-1,818,572-3,607,180-1,331,3263,126,546-1,952,653-3,411,36611,346,736
Creditors-1,342,9391,342,939
Accruals and Deferred Income-1,108-741,531742,639
Deferred Taxes & Provisions
Cash flow from operations-687,2821,943,072456,6482,597,2113,362,6851,389,709-2,874,3311,794,1613,274,394-12,016,028
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans-321,779321,779-960,819-1,785,027-89,593378,412-351,3091,052,8321,755,504
Group/Directors Accounts822,291-1,080,476-108,250-60,232-607,046-472,346-39,911141,784-5,267,2127,493,689
Other Short Term Loans
Long term loans-124,327-488,968-670,177-1,576,160-970,612-827,7702,535,830-1,584,636939,9862,766,834
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest-358,719
cash flow from financing697,964-1,891,223-456,648-2,597,211-3,362,685-1,389,7092,874,331-1,794,161-3,633,11312,016,028
cash and cash equivalents
cash
overdraft
change in cash

praetura asset finance (sb) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Praetura Asset Finance (sb) Limited Competitor Analysis

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Perform a competitor analysis for praetura asset finance (sb) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BB1 area or any other competitors across 12 key performance metrics.

praetura asset finance (sb) limited Ownership

PRAETURA ASSET FINANCE (SB) LIMITED group structure

Praetura Asset Finance (Sb) Limited has no subsidiary companies.

Ultimate parent company

2 parents

PRAETURA ASSET FINANCE (SB) LIMITED

08766580

PRAETURA ASSET FINANCE (SB) LIMITED Shareholders

praetura asset finance limited 100%

praetura asset finance (sb) limited directors

Praetura Asset Finance (Sb) Limited currently has 3 directors. The longest serving directors include Mr Michael Dalzell (Oct 2016) and Mr Jack Summers (Nov 2017).

officercountryagestartendrole
Mr Michael DalzellEngland63 years Oct 2016- Director
Mr Jack SummersEngland40 years Nov 2017- Director
Mr Peadar O'ReillyEngland48 years Feb 2019- Director

P&L

December 2023

turnover

24.3k

-76%

operating profit

21.7k

0%

gross margin

45.7%

-19.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-822.3k

-0.01%

total assets

0

-1%

cash

0

0%

net assets

Total assets minus all liabilities

praetura asset finance (sb) limited company details

company number

08766580

Type

Private limited with Share Capital

industry

64910 - Financial leasing

incorporation date

November 2013

age

12

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

MHA

address

ewood house walker park, guide, blackburn, BB1 2QE

Bank

-

Legal Advisor

-

praetura asset finance (sb) 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 6 charges/mortgages relating to praetura asset finance (sb) limited. Currently there are 4 open charges and 2 have been satisfied in the past.

praetura asset finance (sb) 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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praetura asset finance (sb) limited Companies House Filings - See Documents

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