Pomanda estimates the enterprise value of EQUITILE LTD at £1.6m based on a Turnover of £1.4m and 1.16x industry multiple (adjusted for size and gross margin).
equitile ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of EQUITILE LTD at £0 based on an EBITDA of £-69.4k and a 4.92x industry multiple (adjusted for size and gross margin).
equitile ltdEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of EQUITILE LTD at £1.4m based on Net Assets of £855.5k and 1.61x industry multiple (adjusted for liquidity).
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Equitile LtdOverview
Equitile Ltd is a live company located in london, EC4R 9AN with a Companies House number of 08932083. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in March 2014, it's largest shareholder is
george cooper
with a 55.3% stake. Equitile Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.4m with
low
growth in recent years.
Pomanda's financial health check has awarded Equitile 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
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£11.9m)
£1.4m - Equitile Ltd
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.7%)
4% - Equitile Ltd
9.7% - Industry AVG
Production
with a gross margin of 76.1%, this company has a comparable cost of product (76.1%)
76.1% - Equitile Ltd
76.1% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (7.1%)
-5.2% - Equitile Ltd
7.1% - Industry AVG
Employees
with 8 employees, this is below the industry average (64)
8 - Equitile Ltd
64 - Industry AVG
Pay Structure
on an average salary of £122.6k, the company has a higher pay structure (£79k)
£122.6k - Equitile Ltd
£79k - Industry AVG
Efficiency
resulting in sales per employee of £177k, this is less efficient (£211.9k)
£177k - Equitile Ltd
£211.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Equitile Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (46 days)
20 days - Equitile Ltd
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Equitile Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 198 weeks, this is more cash available to meet short term requirements (27 weeks)
198 weeks - Equitile Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.1%, this is a lower level of debt than the average (56.2%)
14.1% - Equitile Ltd
56.2% - Industry AVG
EQUITILE LTD financials
EXPORT
Equitile Ltd's latest turnover from February 2024 is £1.4 million and the company has net assets of £855.5 thousand. According to their latest financial statements, Equitile Ltd has 8 employees and maintains cash reserves of £534.5 thousand 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
1,415,638
1,668,023
1,694,913
1,272,456
1,035,820
929,122
589,836
294,994
Other Income Or Grants
Cost Of Sales
338,203
381,036
375,098
277,838
293,759
249,024
162,546
71,237
Gross Profit
1,077,435
1,286,987
1,319,815
994,618
742,061
680,098
427,290
223,757
Admin Expenses
1,150,507
1,152,866
1,184,984
835,255
888,804
813,612
381,914
561,953
422,873
35,761
Operating Profit
-73,072
134,121
134,831
159,363
-146,743
-133,514
45,376
-338,196
-422,873
-35,761
Interest Payable
Interest Receivable
17,391
4,911
Pre-Tax Profit
-55,681
139,032
129,138
159,363
-144,527
-133,514
45,376
-338,196
-422,873
-35,761
Tax
15,611
144,928
Profit After Tax
-40,070
283,960
129,138
159,363
-144,527
-133,514
45,376
-338,196
-422,873
-35,761
Dividends Paid
Retained Profit
-40,070
283,960
129,138
159,363
-144,527
-133,514
45,376
-338,196
-422,873
-35,761
Employee Costs
981,128
1,364,837
1,377,165
916,919
914,725
781,546
301,152
196,667
85,754
Number Of Employees
8
8
8
7
5
5
4
3
1
1
EBITDA*
-69,397
136,336
136,744
161,035
-143,578
-130,826
47,492
-336,315
-422,873
-35,761
* 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
11,937
9,974
3,979
3,952
4,174
4,065
6,753
5,648
6,516
2,630
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
160,539
144,928
Total Fixed Assets
172,476
154,902
3,979
3,952
4,174
4,065
6,753
5,648
6,516
2,630
Stock & work in progress
Trade Debtors
2,203
Group Debtors
2
Misc Debtors
288,333
337,169
277,819
122,284
151,872
88,735
70,547
63,847
26,740
Cash
534,499
498,530
407,251
412,361
191,979
399,088
318,572
258,086
454,814
27,805
misc current assets
total current assets
822,832
835,699
687,273
534,645
343,851
487,825
389,119
321,933
481,554
27,805
total assets
995,308
990,601
691,252
538,597
348,025
491,890
395,872
327,581
488,070
30,435
Bank overdraft
Bank loan
Trade Creditors
19,171
22,781
7,053
1,162
2,155
7,935
12,927
Group/Directors Accounts
23
23
23
27
50,025
other short term finances
hp & lease commitments
other current liabilities
120,670
72,283
72,622
54,996
22,794
16,427
44,580
21,665
33,700
16,169
total current liabilities
139,841
95,064
79,675
56,158
24,949
24,385
44,603
21,688
46,654
66,194
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
139,841
95,064
79,675
56,158
24,949
24,385
44,603
21,688
46,654
66,194
net assets
855,467
895,537
611,577
482,439
323,076
467,505
351,269
305,893
441,416
-35,759
total shareholders funds
855,467
895,537
611,577
482,439
323,076
467,505
351,269
305,893
441,416
-35,759
Feb 2024
Feb 2023
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Operating Activities
Operating Profit
-73,072
134,121
134,831
159,363
-146,743
-133,514
45,376
-338,196
-422,873
-35,761
Depreciation
3,675
2,215
1,913
1,672
3,165
2,688
2,116
1,881
Amortisation
Tax
15,611
144,928
Stock
Debtors
-33,225
202,075
157,738
-29,588
63,135
18,190
6,700
37,107
26,740
Creditors
-3,610
15,728
5,891
-993
-5,780
7,935
-12,927
12,927
Accruals and Deferred Income
48,387
-339
17,626
32,202
6,367
-28,153
22,915
-12,035
17,531
16,169
Deferred Taxes & Provisions
Cash flow from operations
24,216
94,578
2,523
221,832
-206,126
-169,234
63,707
-398,384
-419,155
-19,592
Investing Activities
capital expenditure
-3,221
-1,013
-3,886
-2,630
Change in Investments
cash flow from investments
-3,221
-1,013
-3,886
-2,630
Financing Activities
Bank loans
Group/Directors Accounts
-23
-4
-49,998
50,025
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
98
249,750
202,673
900,048
2
interest
17,391
4,911
cash flow from financing
17,391
4,911
75
249,750
202,669
850,050
50,027
cash and cash equivalents
cash
35,969
91,279
-5,110
220,382
-207,109
80,516
60,486
-196,728
427,009
27,805
overdraft
change in cash
35,969
91,279
-5,110
220,382
-207,109
80,516
60,486
-196,728
427,009
27,805
equitile ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for equitile ltd. Get real-time insights into equitile ltd's credit score, group structure and payment trends.
Perform a competitor analysis for equitile ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC4R area or any other competitors across 12 key performance metrics.
64205 - Activities of financial services holding companies
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Group
last accounts submitted
February 2024
previous names
tnm development ltd (December 2014)
accountant
-
auditor
AZETS AUDIT SERVICES
address
2nd floor regis house, 45 king william street, london, EC4R 9AN
Bank
-
Legal Advisor
-
equitile 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 equitile ltd.
equitile 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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equitile ltdCompanies House Filings - See Documents
