financial support services ltd
financial support services ltd Company Information
Company Number
09430938
Website
legalandfinancialsupport.comRegistered Address
59-60 grosvenor street, mayfair, london, W1K 3HZ
Industry
Other business support service activities n.e.c.
Telephone
02890355840
Next Accounts Due
September 2024
Group Structure
View All
Directors
Mark Stephen9 Years
Shareholders
mark james stephen 100%
financial support services ltd Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL SUPPORT SERVICES LTD at £7.2k based on a Turnover of £11.9k and 0.61x industry multiple (adjusted for size and gross margin).
financial support services ltd Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL SUPPORT SERVICES LTD at £246.6k based on an EBITDA of £51.9k and a 4.75x industry multiple (adjusted for size and gross margin).
financial support services ltd Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL SUPPORT SERVICES LTD at £0 based on Net Assets of £-591.9k and 2.58x industry multiple (adjusted for liquidity).
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Financial Support Services Ltd Overview
Financial Support Services Ltd is a live company located in london, W1K 3HZ with a Companies House number of 09430938. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2015, it's largest shareholder is mark james stephen with a 100% stake. Financial Support Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £11.9k with declining growth in recent years.
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Financial Support Services Ltd Health Check
Pomanda's financial health check has awarded Financial Support Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £11.9k, make it smaller than the average company (£3.8m)
- Financial Support Services Ltd
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (3%)
- Financial Support Services Ltd
3% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
- Financial Support Services Ltd
38.7% - Industry AVG
Profitability
an operating margin of 437.7% make it more profitable than the average company (6.3%)
- Financial Support Services Ltd
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (25)
- Financial Support Services Ltd
25 - Industry AVG
Pay Structure
on an average salary of £50.5k, the company has an equivalent pay structure (£50.5k)
- Financial Support Services Ltd
£50.5k - Industry AVG
Efficiency
resulting in sales per employee of £11.9k, this is less efficient (£158k)
- Financial Support Services Ltd
£158k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Financial Support Services Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (33 days)
- Financial Support Services Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Financial Support Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Financial Support Services Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3699343.8%, this is a higher level of debt than the average (63.7%)
3699343.8% - Financial Support Services Ltd
63.7% - Industry AVG
FINANCIAL SUPPORT SERVICES LTD financials
Financial Support Services Ltd's latest turnover from December 2022 is estimated at £11.9 thousand and the company has net assets of -£591.9 thousand. According to their latest financial statements, we estimate that Financial Support Services Ltd has 1 employee and maintains cash reserves of £16 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 476,853 | 483,603 | 12,150 | 17,550 | 22,950 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 315,125 |
| Investments & Other | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 476,853 | 483,703 | 12,150 | 17,550 | 338,175 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 376 | 15,057 | 14,358 | 476,934 | 449,837 | 4,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 16 | 376 | 0 | 0 | 0 | 0 | 0 | 28 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 15,230 | 4,950 | 0 |
| total current assets | 16 | 376 | 376 | 15,057 | 14,358 | 492,164 | 454,787 | 4,028 |
| total assets | 16 | 376 | 376 | 491,910 | 498,061 | 504,314 | 472,337 | 342,203 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,770 | 1 | 27,357 | 47,929 | 9,405 | 7,337 | 5,900 | 1,197,021 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 529,008 | 520,927 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,977 | 18,316 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 556,755 | 549,244 | 27,357 | 47,929 | 9,405 | 7,337 | 5,900 | 1,197,021 |
| loans | 35,140 | 40,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 158,518 | 92,460 | 88,035 |
| other liabilities | 0 | 0 | 614,666 | 612,815 | 1,706,300 | 1,383,089 | 1,383,090 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 35,140 | 40,535 | 614,666 | 612,815 | 1,706,300 | 1,541,607 | 1,475,550 | 88,035 |
| total liabilities | 591,895 | 589,779 | 642,023 | 660,744 | 1,715,705 | 1,548,944 | 1,481,450 | 1,285,056 |
| net assets | -591,879 | -589,403 | -641,647 | -168,834 | -1,217,644 | -1,044,630 | -1,009,113 | -942,853 |
| total shareholders funds | -591,879 | -589,403 | -641,647 | -168,834 | -1,217,644 | -1,044,630 | -1,009,113 | -942,853 |
| Dec 2022 | Dec 2021 | Jul 2021 | Jul 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 4,050 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -15,057 | -14,681 | 699 | -462,576 | 27,097 | 445,837 | 4,000 |
| Creditors | 1,769 | -47,928 | -20,572 | 38,524 | 2,068 | 1,437 | -1,191,121 | 1,197,021 |
| Accruals and Deferred Income | -2,339 | 18,316 | 0 | 0 | -158,518 | 66,058 | 4,425 | 88,035 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | -100 | 100 | 0 | -100 | 100 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 8,081 | 520,927 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -5,395 | 40,535 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -612,815 | 1,851 | -1,093,485 | 323,211 | -1 | 1,383,090 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -360 | 376 | 0 | 0 | 0 | 0 | -28 | 28 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -360 | 376 | 0 | 0 | 0 | 0 | -28 | 28 |
financial support services ltd Credit Report and Business Information
Financial Support Services Ltd Competitor Analysis
Perform a competitor analysis for financial support services ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1K area or any other competitors across 12 key performance metrics.
financial support services ltd Ownership
FINANCIAL SUPPORT SERVICES LTD group structure
Financial Support Services Ltd has no subsidiary companies.
Ultimate parent company
FINANCIAL SUPPORT SERVICES LTD
09430938
financial support services ltd directors
Financial Support Services Ltd currently has 1 director, Mr Mark Stephen serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Stephen | United Kingdom | 44 years | Feb 2015 | - | Director |
P&L
December 2022turnover
11.9k
+179126%
operating profit
51.9k
0%
gross margin
38.8%
+3.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-591.9k
0%
total assets
16
-0.96%
cash
16
-0.96%
net assets
Total assets minus all liabilities
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financial support services ltd company details
company number
09430938
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
stark holdings limited (July 2015)
incorporated
UK
address
59-60 grosvenor street, mayfair, london, W1K 3HZ
last accounts submitted
December 2022
financial support 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 financial support services ltd.
financial support services ltd Companies House Filings - See Documents
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