locke financial limited
locke financial limited Company Information
Company Number
09945689
Next Accounts
Dec 2024
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Financial management
Shareholders
tony martin locke
taylor aaron locke
View AllGroup Structure
View All
Contact
Registered Address
81 centaur court, claydon business park, ipswich, suffolk, IP6 0NL
Website
www.lockefinancial.comlocke financial limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKE FINANCIAL LIMITED at £131.5k based on a Turnover of £191.8k and 0.69x industry multiple (adjusted for size and gross margin).
locke financial limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKE FINANCIAL LIMITED at £0 based on an EBITDA of £-25.7k and a 3.64x industry multiple (adjusted for size and gross margin).
locke financial limited Estimated Valuation
Pomanda estimates the enterprise value of LOCKE FINANCIAL LIMITED at £2.1k based on Net Assets of £748 and 2.82x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Locke Financial Limited Overview
Locke Financial Limited is a live company located in ipswich, IP6 0NL with a Companies House number of 09945689. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in January 2016, it's largest shareholder is tony martin locke with a 97.1% stake. Locke Financial Limited is a young, micro sized company, Pomanda has estimated its turnover at £191.8k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Locke Financial Limited Health Check
Pomanda's financial health check has awarded Locke Financial Limited a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £191.8k, make it smaller than the average company (£1.7m)
- Locke Financial Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (6.8%)
- Locke Financial Limited
6.8% - Industry AVG
Production
with a gross margin of 41.6%, this company has a higher cost of product (83.4%)
- Locke Financial Limited
83.4% - Industry AVG
Profitability
an operating margin of -13.4% make it less profitable than the average company (10%)
- Locke Financial Limited
10% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Locke Financial Limited
9 - Industry AVG
Pay Structure
on an average salary of £62.1k, the company has an equivalent pay structure (£62.1k)
- Locke Financial Limited
£62.1k - Industry AVG
Efficiency
resulting in sales per employee of £191.8k, this is more efficient (£155.1k)
- Locke Financial Limited
£155.1k - Industry AVG
Debtor Days
it gets paid by customers after 232 days, this is later than average (53 days)
- Locke Financial Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 402 days, this is slower than average (37 days)
- Locke Financial Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Locke Financial Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Locke Financial Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (45.2%)
99.4% - Locke Financial Limited
45.2% - Industry AVG
LOCKE FINANCIAL LIMITED financials
Locke Financial Limited's latest turnover from March 2023 is estimated at £191.8 thousand and the company has net assets of £748. According to their latest financial statements, Locke Financial Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,375 | 4,486 | 2,073 | 1,646 | 1,079 | 0 | 236 |
| 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 | 2,375 | 4,486 | 2,073 | 1,646 | 1,079 | 0 | 236 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 121,919 | 40,740 | 25,556 | 30,667 | 20,912 | 342 | 350 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 1,260 |
| Cash | 0 | 0 | 0 | 0 | 0 | 26,352 | 14,726 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 121,919 | 40,740 | 25,556 | 30,667 | 20,912 | 26,694 | 16,336 |
| total assets | 124,294 | 45,226 | 27,629 | 32,313 | 21,991 | 26,694 | 16,572 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 123,546 | 18,734 | 12,000 | 16,395 | 13,904 | 0 | 120 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 4,893 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 15,562 | 15,051 |
| total current liabilities | 123,546 | 18,734 | 12,000 | 16,395 | 13,904 | 20,455 | 15,171 |
| 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 | 123,546 | 18,734 | 12,000 | 16,395 | 13,904 | 20,455 | 15,171 |
| net assets | 748 | 26,492 | 15,629 | 15,918 | 8,087 | 6,239 | 1,401 |
| total shareholders funds | 748 | 26,492 | 15,629 | 15,918 | 8,087 | 6,239 | 1,401 |
| Mar 2023 | Mar 2022 | Mar 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 236 | ||||||
| Amortisation | 0 | ||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 81,179 | 15,184 | -5,111 | 9,755 | 20,570 | -1,268 | 1,610 |
| Creditors | 104,812 | 6,734 | -4,395 | 2,491 | 13,904 | -120 | 120 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -15,562 | 511 | 15,051 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -4,893 | 4,893 | 0 |
| 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 | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | -26,352 | 11,626 | 14,726 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -26,352 | 11,626 | 14,726 |
locke financial limited Credit Report and Business Information
Locke Financial Limited Competitor Analysis
Perform a competitor analysis for locke financial limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in IP6 area or any other competitors across 12 key performance metrics.
locke financial limited Ownership
LOCKE FINANCIAL LIMITED group structure
Locke Financial Limited has no subsidiary companies.
Ultimate parent company
LOCKE FINANCIAL LIMITED
09945689
locke financial limited directors
Locke Financial Limited currently has 2 directors. The longest serving directors include Mr Tony Locke (Jan 2016) and Mrs Cheryl Locke (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tony Locke | 64 years | Jan 2016 | - | Director | |
| Mrs Cheryl Locke | United Kingdom | 57 years | May 2020 | - | Director |
P&L
March 2023turnover
191.8k
+151%
operating profit
-25.7k
0%
gross margin
41.6%
-0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
748
-0.97%
total assets
124.3k
+1.75%
cash
0
0%
net assets
Total assets minus all liabilities
locke financial limited company details
company number
09945689
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
70221 - Financial management
incorporation date
January 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
JOHN PHILLIPS & CO LTD
auditor
-
address
81 centaur court, claydon business park, ipswich, suffolk, IP6 0NL
Bank
-
Legal Advisor
-
locke financial 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 locke financial limited.
locke financial 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 LOCKE FINANCIAL LIMITED. This can take several minutes, an email will notify you when this has completed.
locke financial limited Companies House Filings - See Documents
| date | description | view/download |
|---|
