demica finance limited
demica finance limited Company Information
Company Number
09760816
Website
-Registered Address
4th floor, 138 cheapside, london, EC2V 6BJ
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02074502514
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
demica holdings limited 100%
demica finance limited Estimated Valuation
Pomanda estimates the enterprise value of DEMICA FINANCE LIMITED at £0 based on a Turnover of £1.1m and -1.14x industry multiple (adjusted for size and gross margin).
demica finance limited Estimated Valuation
Pomanda estimates the enterprise value of DEMICA FINANCE LIMITED at £8.1m based on an EBITDA of £-1.8m and a -4.51x industry multiple (adjusted for size and gross margin).
demica finance limited Estimated Valuation
Pomanda estimates the enterprise value of DEMICA FINANCE LIMITED at £96.4k based on Net Assets of £142.7k and 0.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Demica Finance Limited Overview
Demica Finance Limited is a live company located in london, EC2V 6BJ with a Companies House number of 09760816. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2015, it's largest shareholder is demica holdings limited with a 100% stake. Demica Finance Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Demica Finance Limited Health Check
Pomanda's financial health check has awarded Demica Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
9 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£4.6m)
£1.1m - Demica Finance Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.2%)
-13% - Demica Finance Limited
3.2% - Industry AVG
Production
with a gross margin of -135.5%, this company has a higher cost of product (61.1%)
-135.5% - Demica Finance Limited
61.1% - Industry AVG
Profitability
an operating margin of -164.6% make it less profitable than the average company (10.8%)
-164.6% - Demica Finance Limited
10.8% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (15)
15 - Demica Finance Limited
15 - Industry AVG
Pay Structure
on an average salary of £170.4k, the company has a higher pay structure (£79k)
£170.4k - Demica Finance Limited
£79k - Industry AVG
Efficiency
resulting in sales per employee of £72.6k, this is less efficient (£224.9k)
£72.6k - Demica Finance Limited
£224.9k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (30 days)
48 days - Demica Finance Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (37 days)
0 days - Demica Finance Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Demica Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (38 weeks)
49 weeks - Demica Finance Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.9%, this is a higher level of debt than the average (58.9%)
86.9% - Demica Finance Limited
58.9% - Industry AVG
DEMICA FINANCE LIMITED financials
Demica Finance Limited's latest turnover from December 2022 is £1.1 million and the company has net assets of £142.7 thousand. According to their latest financial statements, Demica Finance Limited has 15 employees and maintains cash reserves of £892.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,089,128 | 1,229,676 | 919,202 | 1,641,467 | 312,617 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,564,694 | 3,095,238 | 3,041,185 | 2,184,683 | 414,065 | 250,274 | 0 |
| Gross Profit | -1,475,566 | -1,865,562 | -2,121,983 | -543,216 | -101,448 | -250,274 | 0 |
| Admin Expenses | 317,019 | 420,886 | 623,689 | 539,334 | 566,820 | 56,364 | 17,754 |
| Operating Profit | -1,792,585 | -2,286,448 | -2,745,672 | -1,082,550 | -668,268 | -306,638 | -17,754 |
| Interest Payable | 0 | 56,667 | 24,030 | 0 | 0 | 0 | 0 |
| Interest Receivable | 68,688 | 0 | 105 | 8,325 | 5 | 7 | 5 |
| Pre-Tax Profit | -1,723,897 | -2,343,115 | -2,769,597 | -1,074,225 | -671,745 | -306,631 | -17,749 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -1,723,897 | -2,343,115 | -2,769,597 | -1,074,225 | -671,745 | -306,631 | -17,749 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,723,897 | -2,343,115 | -2,769,597 | -1,074,225 | -671,745 | -306,631 | -17,749 |
| Employee Costs | 2,556,136 | 3,143,557 | 2,670,697 | 2,121,705 | 501,162 | 243,075 | 0 |
| Number Of Employees | 15 | 15 | 17 | 8 | 2 | 1 | |
| EBITDA* | -1,792,585 | -2,286,448 | -2,745,672 | -1,082,550 | -668,268 | -306,638 | -17,754 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 145,161 | 702,495 | 216,301 | 316,670 | 56,650 | 3,494 | 0 |
| Group Debtors | 12,324 | 87 | 0 | 32,690 | 0 | 0 | 0 |
| Misc Debtors | 35,720 | 42,395 | 34,849 | 32,044 | 6,339 | 916 | 0 |
| Cash | 892,260 | 1,467,245 | 2,598,288 | 1,073,302 | 888,754 | 230,526 | 129,951 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,085,465 | 2,212,222 | 2,849,438 | 1,454,706 | 951,743 | 234,936 | 129,951 |
| total assets | 1,085,465 | 2,212,222 | 2,849,438 | 1,454,706 | 951,743 | 234,936 | 129,951 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,994 | 3,560 | 22,388 | 34,359 | 2,379 | 3,301 | 0 |
| Group/Directors Accounts | 26,908 | 13,152 | 17,316 | 49,330 | 28,893 | 28,293 | 12,300 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 912,815 | 1,054,754 | 1,052,674 | 994,481 | 482,937 | 147,722 | 5,400 |
| total current liabilities | 942,717 | 1,071,466 | 1,092,378 | 1,078,170 | 514,209 | 179,316 | 17,700 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 942,717 | 1,071,466 | 1,092,378 | 1,078,170 | 514,209 | 179,316 | 17,700 |
| net assets | 142,748 | 1,140,756 | 1,757,060 | 376,536 | 437,534 | 55,620 | 112,251 |
| total shareholders funds | 142,748 | 1,140,756 | 1,757,060 | 376,536 | 437,534 | 55,620 | 112,251 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -1,792,585 | -2,286,448 | -2,745,672 | -1,082,550 | -668,268 | -306,638 | -17,754 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -551,772 | 493,827 | -130,254 | 318,415 | 58,579 | 4,410 | 0 |
| Creditors | -566 | -18,828 | -11,971 | 31,980 | -922 | 3,301 | 0 |
| Accruals and Deferred Income | -141,939 | 2,080 | 58,193 | 511,544 | 335,215 | 142,322 | 5,400 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,383,318 | -2,797,023 | -2,569,196 | -857,441 | -392,554 | -165,425 | -12,354 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 13,756 | -4,164 | -32,014 | 20,437 | 600 | 15,993 | 12,300 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 68,688 | -56,667 | -23,925 | 8,325 | 5 | 7 | 5 |
| cash flow from financing | 808,333 | 1,665,980 | 4,094,182 | 1,041,989 | 1,054,264 | 266,000 | 142,305 |
| cash and cash equivalents | |||||||
| cash | -574,985 | -1,131,043 | 1,524,986 | 184,548 | 658,228 | 100,575 | 129,951 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -574,985 | -1,131,043 | 1,524,986 | 184,548 | 658,228 | 100,575 | 129,951 |
demica finance limited Credit Report and Business Information
Demica Finance Limited Competitor Analysis
Perform a competitor analysis for demica finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
demica finance limited Ownership
DEMICA FINANCE LIMITED group structure
Demica Finance Limited has no subsidiary companies.
Ultimate parent company
DEMICA HOLDINGS LTD
#0087091
1 parent
DEMICA FINANCE LIMITED
09760816
demica finance limited directors
Demica Finance Limited currently has 5 directors. The longest serving directors include Mr Matthew Wreford (Sep 2015) and Mr Francois Terrade (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Wreford | England | 49 years | Sep 2015 | - | Director |
| Mr Francois Terrade | England | 56 years | Aug 2019 | - | Director |
| Ms Dipali Sahni | England | 47 years | Aug 2019 | - | Director |
| Mr Maurice Benisty | England | 54 years | Dec 2020 | - | Director |
| Mr Hayden Eastwood | England | 52 years | Apr 2023 | - | Director |
P&L
December 2022turnover
1.1m
-11%
operating profit
-1.8m
-22%
gross margin
-135.4%
-10.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
142.7k
-0.87%
total assets
1.1m
-0.51%
cash
892.3k
-0.39%
net assets
Total assets minus all liabilities
demica finance limited company details
company number
09760816
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
September 2015
age
9
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
4th floor, 138 cheapside, london, EC2V 6BJ
accountant
-
auditor
KPMG LLP
demica finance 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 demica finance limited.
demica finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
