first class finance and payroll solutions limitedEstimated Valuation
£523
Pomanda estimates the enterprise value of FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED at £523 based on a Turnover of £1.2k and 0.44x industry multiple (adjusted for size and gross margin).
first class finance and payroll solutions limitedEstimated Valuation
£51.4k
Pomanda estimates the enterprise value of FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED at £51.4k based on an EBITDA of £20.4k and a 2.52x industry multiple (adjusted for size and gross margin).
first class finance and payroll solutions limitedEstimated Valuation
£57.6k
Pomanda estimates the enterprise value of FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED at £57.6k based on Net Assets of £17.4k and 3.31x industry multiple (adjusted for liquidity).
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First Class Finance And Payroll Solutions LimitedOverview
First Class Finance And Payroll Solutions Limited is a live company located in dagenham, RM10 9AL with a Companies House number of 09023726. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in May 2014, it's largest shareholder is
diletta doto
with a 75% stake. First Class Finance And Payroll Solutions Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£1.2k with
declining
growth in recent years.
First Class Finance And Payroll Solutions Limited Health Check
Pomanda's financial health check has awarded First Class Finance And Payroll Solutions Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.2k, make it smaller than the average company (£83.9k)
£1.2k - First Class Finance And Payroll Solutions Limited
£83.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (7.2%)
-38% - First Class Finance And Payroll Solutions Limited
7.2% - Industry AVG
Production
with a gross margin of 67.1%, this company has a higher cost of product (94.5%)
67.1% - First Class Finance And Payroll Solutions Limited
94.5% - Industry AVG
Profitability
an operating margin of 1715.6% make it more profitable than the average company (23.7%)
1715.6% - First Class Finance And Payroll Solutions Limited
23.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - First Class Finance And Payroll Solutions Limited
3 - Industry AVG
Pay Structure
on an average salary of £23.3k, the company has an equivalent pay structure (£23.3k)
£23.3k - First Class Finance And Payroll Solutions Limited
£23.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.2k, this is less efficient (£52.2k)
£1.2k - First Class Finance And Payroll Solutions Limited
£52.2k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (60 days)
103 days - First Class Finance And Payroll Solutions Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 6737 days, this is slower than average (34 days)
6737 days - First Class Finance And Payroll Solutions Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - First Class Finance And Payroll Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - First Class Finance And Payroll Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.4%, this is a lower level of debt than the average (65.1%)
32.4% - First Class Finance And Payroll Solutions Limited
65.1% - Industry AVG
FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED financials
EXPORT
First Class Finance And Payroll Solutions Limited's latest turnover from May 2018 is estimated at £1.2 thousand and the company has net assets of £17.4 thousand. According to their latest financial statements, we estimate that First Class Finance And Payroll Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2018
May 2017
May 2016
May 2015
Turnover
1,189
1,821
31,001
4,998
Other Income Or Grants
Cost Of Sales
392
687
10,698
1,798
Gross Profit
797
1,134
20,303
3,200
Admin Expenses
-19,594
287
21,046
2,124
Operating Profit
20,391
847
-743
1,076
Interest Payable
Interest Receivable
37
37
Pre-Tax Profit
20,391
847
-706
1,113
Tax
-3,874
-161
-222
Profit After Tax
16,517
686
-706
890
Dividends Paid
Retained Profit
16,517
686
-706
890
Employee Costs
23,330
26,204
23,368
30,402
Number Of Employees
1
1
1
1
EBITDA*
20,391
847
-370
1,542
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2018
May 2017
May 2016
May 2015
Tangible Assets
1,886
2,358
1,491
1,864
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,886
2,358
1,491
1,864
Stock & work in progress
Trade Debtors
337
501
7,500
Group Debtors
Misc Debtors
7,500
Cash
14,670
misc current assets
23,500
total current assets
23,837
8,001
7,500
14,670
total assets
25,723
10,359
8,991
16,534
Bank overdraft
Bank loan
Trade Creditors
7,229
8,275
8,409
15,171
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
7,229
8,275
8,409
15,171
loans
hp & lease commitments
Accruals and Deferred Income
1,107
1,214
other liabilities
provisions
298
373
total long term liabilities
1,107
1,214
298
373
total liabilities
8,336
9,489
8,707
15,544
net assets
17,387
870
284
990
total shareholders funds
17,387
870
284
990
May 2018
May 2017
May 2016
May 2015
Operating Activities
Operating Profit
20,391
847
-743
1,076
Depreciation
373
466
Amortisation
Tax
-3,874
-161
-222
Stock
Debtors
-7,664
501
7,500
Creditors
-1,046
-134
-6,762
15,171
Accruals and Deferred Income
-107
1,214
Deferred Taxes & Provisions
-298
-75
373
Cash flow from operations
23,028
967
-14,707
16,864
Investing Activities
capital expenditure
472
-867
-2,330
Change in Investments
cash flow from investments
472
-867
-2,330
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
37
37
cash flow from financing
-100
37
137
cash and cash equivalents
cash
-14,670
14,670
overdraft
change in cash
-14,670
14,670
first class finance and payroll solutions limited 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 first class finance and payroll solutions limited. Get real-time insights into first class finance and payroll solutions limited's credit score, group structure and payment trends.
First Class Finance And Payroll Solutions Limited Competitor Analysis
Perform a competitor analysis for first class finance and payroll solutions limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RM10 area or any other competitors across 12 key performance metrics.
first class finance and payroll solutions limited Ownership
FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED group structure
First Class Finance And Payroll Solutions Limited has no subsidiary companies.
Ultimate parent company
FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED
09023726
FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED Shareholders
The largest shareholders in First Class Finance And Payroll Solutions Limited include Diletta Doto and Claudio Doto.
diletta doto
75%
claudio doto
25%
first class finance and payroll solutions limited directors
First Class Finance And Payroll Solutions Limited currently has 2 directors.
The longest serving directors include
Mrs Diletta Doto (Nov 2019) and
Ms Marina Ntede Nga (Mar 2020).
first class finance and payroll solutions limited company details
company number
09023726
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
May 2018
previous names
doto bookkeeping services limited (January 2019)
accountant
-
auditor
-
address
103 ballards road, dagenham, RM10 9AL
Bank
-
Legal Advisor
-
first class finance and payroll solutions 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 first class finance and payroll solutions limited.
first class finance and payroll solutions 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.
Click to start generating capital raising & share issue transactions for FIRST CLASS FINANCE AND PAYROLL SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
first class finance and payroll solutions limitedCompanies House Filings - See Documents
