easy financial services ltd
easy financial services ltd Company Information
Group Structure
View All
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Registered Address
18 brainton avenue, feltham, TW14 0AY
Website
easyretirement.co.ukeasy financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of EASY FINANCIAL SERVICES LTD at £402.2k based on a Turnover of £661.9k and 0.61x industry multiple (adjusted for size and gross margin).
easy financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of EASY FINANCIAL SERVICES LTD at £90.3k based on an EBITDA of £34.1k and a 2.65x industry multiple (adjusted for size and gross margin).
easy financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of EASY FINANCIAL SERVICES LTD at £595.2k based on Net Assets of £249.6k and 2.38x industry multiple (adjusted for liquidity).
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Easy Financial Services Ltd Overview
Easy Financial Services Ltd is a live company located in feltham, TW14 0AY with a Companies House number of 08915535. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in February 2014, it's largest shareholder is ajit singh with a 85% stake. Easy Financial Services Ltd is a established, small sized company, Pomanda has estimated its turnover at £661.9k with healthy growth in recent years.
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Easy Financial Services Ltd Health Check
Pomanda's financial health check has awarded Easy Financial Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £661.9k, make it smaller than the average company (£3.8m)
- Easy Financial Services Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.7%)
- Easy Financial Services Ltd
9.7% - Industry AVG
Production
with a gross margin of 20.3%, this company has a higher cost of product (81.6%)
- Easy Financial Services Ltd
81.6% - Industry AVG
Profitability
an operating margin of 5.1% make it less profitable than the average company (9.2%)
- Easy Financial Services Ltd
9.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Easy Financial Services Ltd
8 - Industry AVG
Pay Structure
on an average salary of £72.4k, the company has an equivalent pay structure (£72.4k)
- Easy Financial Services Ltd
£72.4k - Industry AVG
Efficiency
resulting in sales per employee of £330.9k, this is more efficient (£177.6k)
- Easy Financial Services Ltd
£177.6k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is later than average (32 days)
- Easy Financial Services Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (37 days)
- Easy Financial Services Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Easy Financial Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Easy Financial Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.3%, this is a lower level of debt than the average (71.3%)
9.3% - Easy Financial Services Ltd
71.3% - Industry AVG
EASY FINANCIAL SERVICES LTD financials
Easy Financial Services Ltd's latest turnover from February 2024 is estimated at £661.9 thousand and the company has net assets of £249.6 thousand. According to their latest financial statements, Easy Financial Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 2 | 2 | 2 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 65 | 215 | 3,623 | 1,925 | 1,924 | 327 | 436 | 581 |
| 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 | 0 | 0 | 65 | 215 | 3,623 | 1,925 | 1,924 | 327 | 436 | 581 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 275,206 | 238,981 | 205,988 | 272,425 | 162,672 | 158,279 | 87,077 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,564 | 46,475 | 11,638 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 275,206 | 238,981 | 205,988 | 272,425 | 162,672 | 158,279 | 87,077 | 66,564 | 46,475 | 11,638 |
| total assets | 275,206 | 238,981 | 206,053 | 272,640 | 166,295 | 160,204 | 89,001 | 66,891 | 46,911 | 12,219 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,653 | 14,966 | 13,774 | 62,059 | 22,532 | 61,695 | 41,263 | 0 | 0 | 11,287 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,407 | 39,545 | 0 |
| total current liabilities | 25,653 | 14,966 | 13,774 | 62,059 | 22,532 | 61,695 | 41,263 | 50,407 | 39,545 | 11,287 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 25,653 | 14,966 | 13,774 | 62,059 | 22,532 | 61,695 | 41,263 | 50,407 | 39,545 | 11,287 |
| net assets | 249,553 | 224,015 | 192,279 | 210,581 | 143,763 | 98,509 | 47,738 | 16,484 | 7,366 | 932 |
| total shareholders funds | 249,553 | 224,015 | 192,279 | 210,581 | 143,763 | 98,509 | 47,738 | 16,484 | 7,366 | 932 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 109 | 145 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,225 | 32,993 | -66,437 | 109,753 | 4,393 | 71,202 | 87,077 | 0 | 0 | 0 |
| Creditors | 10,687 | 1,192 | -48,285 | 39,527 | -39,163 | 20,432 | 41,263 | 0 | -11,287 | 11,287 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -50,407 | 10,862 | 39,545 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -66,564 | 20,089 | 34,837 | 11,638 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -66,564 | 20,089 | 34,837 | 11,638 |
easy financial services ltd Credit Report and Business Information
Easy Financial Services Ltd Competitor Analysis
Perform a competitor analysis for easy financial services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in TW14 area or any other competitors across 12 key performance metrics.
easy financial services ltd Ownership
EASY FINANCIAL SERVICES LTD group structure
Easy Financial Services Ltd has no subsidiary companies.
Ultimate parent company
EASY FINANCIAL SERVICES LTD
08915535
easy financial services ltd directors
Easy Financial Services Ltd currently has 1 director, Ajit Singh serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ajit Singh | England | 46 years | Mar 2014 | - | Director |
P&L
February 2024turnover
661.9k
+12%
operating profit
34.1k
0%
gross margin
20.3%
-5.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
249.6k
+0.11%
total assets
275.2k
+0.15%
cash
0
0%
net assets
Total assets minus all liabilities
easy financial services ltd company details
company number
08915535
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
18 brainton avenue, feltham, TW14 0AY
Bank
-
Legal Advisor
-
easy financial services 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 easy financial services ltd.
easy financial services 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.
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easy financial services ltd Companies House Filings - See Documents
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