fitch solutions group limited
fitch solutions group limited Company Information
Company Number
08789939
Next Accounts
Sep 2025
Shareholders
fitch solutions inc.
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
30 north colonnade, london, E14 5GN
Website
www.fitchratings.comfitch solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of FITCH SOLUTIONS GROUP LIMITED at £242.1m based on a Turnover of £89m and 2.72x industry multiple (adjusted for size and gross margin).
fitch solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of FITCH SOLUTIONS GROUP LIMITED at £288.9m based on an EBITDA of £30.8m and a 9.39x industry multiple (adjusted for size and gross margin).
fitch solutions group limited Estimated Valuation
Pomanda estimates the enterprise value of FITCH SOLUTIONS GROUP LIMITED at £19.2m based on Net Assets of £14.7m and 1.31x industry multiple (adjusted for liquidity).
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Fitch Solutions Group Limited Overview
Fitch Solutions Group Limited is a live company located in london, E14 5GN with a Companies House number of 08789939. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2013, it's largest shareholder is fitch solutions inc. with a 100% stake. Fitch Solutions Group Limited is a established, large sized company, Pomanda has estimated its turnover at £89m with rapid growth in recent years.
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Fitch Solutions Group Limited Health Check
Pomanda's financial health check has awarded Fitch Solutions Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £89m, make it larger than the average company (£5.5m)
£89m - Fitch Solutions Group Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (4.9%)
34% - Fitch Solutions Group Limited
4.9% - Industry AVG
Production
with a gross margin of 53.8%, this company has a comparable cost of product (53.8%)
53.8% - Fitch Solutions Group Limited
53.8% - Industry AVG
Profitability
an operating margin of 33% make it more profitable than the average company (9%)
33% - Fitch Solutions Group Limited
9% - Industry AVG
Employees
with 310 employees, this is above the industry average (14)
310 - Fitch Solutions Group Limited
14 - Industry AVG
Pay Structure
on an average salary of £92.8k, the company has an equivalent pay structure (£82.6k)
£92.8k - Fitch Solutions Group Limited
£82.6k - Industry AVG
Efficiency
resulting in sales per employee of £287.1k, this is more efficient (£223.8k)
£287.1k - Fitch Solutions Group Limited
£223.8k - Industry AVG
Debtor Days
it gets paid by customers after 139 days, this is later than average (33 days)
139 days - Fitch Solutions Group Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (46 days)
0 days - Fitch Solutions Group Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Fitch Solutions Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is less cash available to meet short term requirements (29 weeks)
22 weeks - Fitch Solutions Group Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.1%, this is a higher level of debt than the average (71.4%)
93.1% - Fitch Solutions Group Limited
71.4% - Industry AVG
FITCH SOLUTIONS GROUP LIMITED financials
Fitch Solutions Group Limited's latest turnover from December 2023 is £89 million and the company has net assets of £14.7 million. According to their latest financial statements, Fitch Solutions Group Limited has 310 employees and maintains cash reserves of £85.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 88,997,000 | 70,660,000 | 48,499,000 | 37,027,000 | 29,482,000 | 29,235,000 | 31,054,000 | 27,841,098 | 29,892,613 | 23,456,059 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 29,385,000 | 13,086,000 | 12,938,000 | 7,143,000 | 5,468,000 | -343,000 | -3,464,000 | -8,823,000 | -10,074,945 | -14,927,432 |
| Interest Payable | 2,366,000 | 2,155,000 | 2,351,000 | 3,153,000 | 4,011,000 | 5,772,000 | 5,535,000 | 5,331,736 | 5,038,634 | 3,789,840 |
| Interest Receivable | 3,552,000 | 607,000 | 30,000 | 104,000 | 206,000 | 341,000 | 58,000 | 771 | 15,185 | 16,823 |
| Pre-Tax Profit | 30,571,000 | 11,538,000 | 10,617,000 | 4,094,000 | 1,663,000 | -5,774,000 | -8,940,000 | -14,153,965 | -15,098,394 | -18,700,449 |
| Tax | -8,021,000 | -2,749,000 | -2,797,000 | -1,594,000 | -1,241,000 | 29,000 | 670,000 | 1,703,795 | -388,277 | 2,924,053 |
| Profit After Tax | 22,550,000 | 8,789,000 | 7,820,000 | 2,500,000 | 422,000 | -5,745,000 | -8,270,000 | -12,450,170 | -15,486,671 | -15,776,396 |
| Dividends Paid | ||||||||||
| Retained Profit | 22,550,000 | 8,789,000 | 7,820,000 | 2,500,000 | 422,000 | -5,745,000 | -8,270,000 | -12,450,170 | -15,486,671 | -15,776,396 |
| Employee Costs | 28,753,000 | 25,880,000 | 17,599,000 | 15,119,000 | 11,323,000 | 11,363,000 | 12,166,000 | 12,199,297 | 11,914,323 | 10,360,460 |
| Number Of Employees | 310 | 289 | 224 | 204 | 181 | 217 | 217 | 233 | 242 | 240 |
| EBITDA* | 30,778,000 | 18,981,000 | 18,467,000 | 13,227,000 | 11,995,000 | 9,390,000 | 9,123,000 | 3,236,790 | 884,943 | -6,876,656 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 617,000 | 752,000 | 947,000 | 773,000 | 1,420,000 | 658,000 | 1,066,000 | 1,465,051 | 1,454,143 | 1,162,036 |
| Intangible Assets | 91,381,000 | 92,878,000 | 97,323,000 | 102,003,000 | 111,145,000 | 121,107,000 | 123,979,000 | 148,211,018 | 131,894,030 | 134,736,381 |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | 339,000 | 444,000 | 412,000 | 158,000 | 395,000 | 119,000 | 355,000 | 356,046 | 95,436 | |
| Total Fixed Assets | 91,998,000 | 93,630,000 | 97,970,000 | 102,618,000 | 112,287,000 | 121,765,000 | 125,045,000 | 149,676,069 | 133,348,173 | 135,898,417 |
| Stock & work in progress | ||||||||||
| Trade Debtors | 34,065,000 | 21,731,000 | 14,689,000 | 26,540,000 | 55,194,000 | 6,311,000 | 6,133,000 | 6,130,725 | 7,186,430 | 7,024,860 |
| Group Debtors | 260,000 | 7,945,000 | 108,734 | |||||||
| Misc Debtors | 568,000 | 1,046,000 | 620,000 | 961,000 | 829,000 | 362,000 | 406,000 | 566,472 | 954,095 | 926,683 |
| Cash | 85,858,000 | 40,312,000 | 27,210,000 | 37,548,000 | 27,929,000 | 24,202,000 | 11,746,000 | 6,647,711 | 1,315,484 | 2,996,768 |
| misc current assets | 78,428,000 | 10,138 | 14,401 | 3,192,505 | ||||||
| total current assets | 120,751,000 | 71,926,000 | 121,237,000 | 65,227,000 | 83,952,000 | 30,875,000 | 18,285,000 | 13,355,046 | 9,579,144 | 14,140,816 |
| total assets | 212,749,000 | 165,556,000 | 219,207,000 | 167,845,000 | 196,239,000 | 152,640,000 | 143,330,000 | 163,031,115 | 142,927,317 | 150,039,233 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 54,000 | 63,000 | 235,000 | 102,780,000 | 179,000 | 108,000 | 33,607,000 | 241,343 | 136,510 | 400,126 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | 47,000 | 45,000 | 168,000 | 195,000 | ||||||
| other current liabilities | 197,715,000 | 103,188,000 | 157,040,000 | 55,000 | 103,714,000 | 43,747,000 | 690,000 | 29,925,341 | 22,392,611 | 18,799,097 |
| total current liabilities | 197,816,000 | 103,296,000 | 157,443,000 | 103,030,000 | 103,893,000 | 43,855,000 | 34,297,000 | 30,166,684 | 22,529,121 | 19,199,223 |
| loans | 344,000 | 500,000 | 300,000 | 706,000 | ||||||
| hp & lease commitments | 172,000 | 250,000 | 150,000 | 353,000 | ||||||
| Accruals and Deferred Income | 149,597 | |||||||||
| other liabilities | 35,000 | 68,898,000 | 78,428,000 | 88,878,000 | 113,908,000 | 126,948,000 | 127,283,000 | 127,654,011 | 128,757,356 | 127,629,935 |
| provisions | 32,000 | 512,000 | 2,532,000 | 4,506,000 | 6,740,000 | 8,520,000 | 10,958,000 | 16,521,902 | 18,544,556 | 21,201,826 |
| total long term liabilities | 223,000 | 69,404,000 | 79,694,000 | 91,281,000 | 117,631,000 | 131,208,000 | 132,762,000 | 135,914,962 | 138,029,634 | 138,380,445 |
| total liabilities | 198,039,000 | 172,700,000 | 237,137,000 | 194,311,000 | 221,524,000 | 175,063,000 | 167,059,000 | 166,081,646 | 160,558,755 | 157,579,668 |
| net assets | 14,710,000 | -7,144,000 | -17,930,000 | -26,466,000 | -25,285,000 | -22,423,000 | -23,729,000 | -3,050,531 | -17,631,438 | -7,540,435 |
| total shareholders funds | 14,710,000 | -7,144,000 | -17,930,000 | -26,466,000 | -25,285,000 | -22,423,000 | -23,729,000 | -3,050,531 | -17,631,438 | -7,540,435 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 29,385,000 | 13,086,000 | 12,938,000 | 7,143,000 | 5,468,000 | -343,000 | -3,464,000 | -8,823,000 | -10,074,945 | -14,927,432 |
| Depreciation | 101,000 | 61,000 | 357,000 | 328,000 | 406,000 | 322,000 | 393,000 | 404,236 | 454,344 | 313,307 |
| Amortisation | 1,292,000 | 5,834,000 | 5,172,000 | 5,756,000 | 6,121,000 | 9,411,000 | 12,194,000 | 11,655,554 | 10,505,544 | 7,737,469 |
| Tax | -8,021,000 | -2,749,000 | -2,797,000 | -1,594,000 | -1,241,000 | 29,000 | 670,000 | 1,703,795 | -388,277 | 2,924,053 |
| Stock | ||||||||||
| Debtors | 4,066,000 | 15,445,000 | -11,938,000 | -28,759,000 | 49,626,000 | -102,000 | -159,243 | -1,291,452 | 393,152 | 7,951,543 |
| Creditors | -9,000 | -172,000 | -102,545,000 | 102,601,000 | 71,000 | -33,499,000 | 33,365,657 | 104,833 | -263,616 | 400,126 |
| Accruals and Deferred Income | 94,527,000 | -53,852,000 | 156,985,000 | -103,659,000 | 59,967,000 | 43,057,000 | -29,235,341 | 7,532,730 | 3,443,917 | 18,948,694 |
| Deferred Taxes & Provisions | -480,000 | -2,020,000 | -1,974,000 | -2,234,000 | -1,780,000 | -2,438,000 | -5,563,902 | -2,022,654 | -2,657,270 | 21,201,826 |
| Cash flow from operations | 112,729,000 | -55,257,000 | 80,074,000 | 37,100,000 | 19,386,000 | 16,641,000 | 8,518,657 | 11,846,946 | 626,545 | 28,646,500 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -156,000 | 500,000 | -300,000 | -406,000 | 706,000 | |||||
| Hire Purchase and Lease Commitments | -76,000 | 127,000 | -177,000 | -8,000 | 353,000 | |||||
| other long term liabilities | -68,863,000 | -9,530,000 | -10,450,000 | -25,030,000 | -13,040,000 | -335,000 | -371,011 | -1,103,345 | 1,127,421 | 127,629,935 |
| share issue | ||||||||||
| interest | 1,186,000 | -1,548,000 | -2,321,000 | -3,049,000 | -3,805,000 | -5,431,000 | -5,477,000 | -5,330,965 | -5,023,449 | -3,773,017 |
| cash flow from financing | -68,605,000 | -8,454,000 | -12,532,000 | -32,174,000 | -19,070,000 | 1,285,000 | -18,256,480 | 20,596,767 | 1,499,640 | 132,092,879 |
| cash and cash equivalents | ||||||||||
| cash | 45,546,000 | 13,102,000 | -10,338,000 | 9,619,000 | 3,727,000 | 12,456,000 | 5,098,289 | 5,332,227 | -1,681,284 | 2,996,768 |
| overdraft | ||||||||||
| change in cash | 45,546,000 | 13,102,000 | -10,338,000 | 9,619,000 | 3,727,000 | 12,456,000 | 5,098,289 | 5,332,227 | -1,681,284 | 2,996,768 |
fitch solutions group limited Credit Report and Business Information
Fitch Solutions Group Limited Competitor Analysis
Perform a competitor analysis for fitch solutions group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.
fitch solutions group limited Ownership
FITCH SOLUTIONS GROUP LIMITED group structure
Fitch Solutions Group Limited has 3 subsidiary companies.
Ultimate parent company
FITCH SOLUTIONS INC
#0085485
1 parent
FITCH SOLUTIONS GROUP LIMITED
08789939
3 subsidiaries
fitch solutions group limited directors
Fitch Solutions Group Limited currently has 4 directors. The longest serving directors include Mr Mark Murphy (Apr 2021) and Mr Gordon Park (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Murphy | 53 years | Apr 2021 | - | Director | |
| Mr Gordon Park | 46 years | Oct 2023 | - | Director | |
| Mr Christopher Bonderenko | 54 years | Dec 2023 | - | Director | |
| Ms Louise Coleman | 50 years | May 2024 | - | Director |
P&L
December 2023turnover
89m
+26%
operating profit
29.4m
+125%
gross margin
53.9%
-3.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
14.7m
-3.06%
total assets
212.7m
+0.29%
cash
85.9m
+1.13%
net assets
Total assets minus all liabilities
fitch solutions group limited company details
company number
08789939
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
fitch information services limited (June 2018)
accountant
-
auditor
DELOITTE LLP
address
30 north colonnade, london, E14 5GN
Bank
HSBC BANK PLC
Legal Advisor
-
fitch solutions group 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 fitch solutions group limited.
fitch solutions group 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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fitch solutions group limited Companies House Filings - See Documents
| date | description | view/download |
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