onpoint financial limited

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onpoint financial limited Company Information

Share ONPOINT FINANCIAL LIMITED

Company Number

09993748

Shareholders

martin lightbowne

Group Structure

View All

Industry

Life insurance

 

Registered Address

three gables business centre, corner hall, hemel hempstead, herts, HP3 9HN

onpoint financial limited Estimated Valuation

£21.6k

Pomanda estimates the enterprise value of ONPOINT FINANCIAL LIMITED at £21.6k based on a Turnover of £38.9k and 0.55x industry multiple (adjusted for size and gross margin).

onpoint financial limited Estimated Valuation

£277k

Pomanda estimates the enterprise value of ONPOINT FINANCIAL LIMITED at £277k based on an EBITDA of £47.3k and a 5.86x industry multiple (adjusted for size and gross margin).

onpoint financial limited Estimated Valuation

£0

Pomanda estimates the enterprise value of ONPOINT FINANCIAL LIMITED at £0 based on Net Assets of £-107.7k and 1.65x industry multiple (adjusted for liquidity).

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Onpoint Financial Limited Overview

Onpoint Financial Limited is a live company located in hemel hempstead, HP3 9HN with a Companies House number of 09993748. It operates in the life insurance sector, SIC Code 65110. Founded in February 2016, it's largest shareholder is martin lightbowne with a 100% stake. Onpoint Financial Limited is a young, micro sized company, Pomanda has estimated its turnover at £38.9k with declining growth in recent years.

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Onpoint Financial Limited Health Check

Pomanda's financial health check has awarded Onpoint Financial Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £38.9k, make it smaller than the average company (£1.3m)

£38.9k - Onpoint Financial Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (10.5%)

-61% - Onpoint Financial Limited

10.5% - Industry AVG

production

Production

with a gross margin of 99.7%, this company has a comparable cost of product (99.7%)

99.7% - Onpoint Financial Limited

99.7% - Industry AVG

profitability

Profitability

an operating margin of 121.5% make it more profitable than the average company (7.5%)

121.5% - Onpoint Financial Limited

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (15)

1 - Onpoint Financial Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £60k, the company has an equivalent pay structure (£60k)

£60k - Onpoint Financial Limited

£60k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.9k, this is less efficient (£132k)

£38.9k - Onpoint Financial Limited

£132k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 151 days, this is earlier than average (226 days)

151 days - Onpoint Financial Limited

226 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4109 days, this is slower than average (27 days)

4109 days - Onpoint Financial Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Onpoint Financial Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Onpoint Financial Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 511.8%, this is a higher level of debt than the average (89.6%)

511.8% - Onpoint Financial Limited

89.6% - Industry AVG

ONPOINT FINANCIAL LIMITED financials

EXPORTms excel logo

Onpoint Financial Limited's latest turnover from February 2024 is estimated at £38.9 thousand and the company has net assets of -£107.7 thousand. According to their latest financial statements, Onpoint Financial Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover38,90397,28298,886653,8241,092,27014,41514,5773,842
Other Income Or Grants
Cost Of Sales1216162,28210,64126,410894531248
Gross Profit38,78396,66696,604643,1841,065,86013,52114,0463,594
Admin Expenses-8,48471,458207,781639,4331,084,25020,63626,7873,740
Operating Profit47,26725,208-111,1773,751-18,390-7,115-12,741-146
Interest Payable5,3547,2052,7711,7422,9731,045
Interest Receivable53941017134324813
Pre-Tax Profit42,45218,414-113,7772,043-21,363-8,127-12,693-133
Tax-10,613-3,499-388
Profit After Tax31,83914,915-113,7771,655-21,363-8,127-12,693-133
Dividends Paid
Retained Profit31,83914,915-113,7771,655-21,363-8,127-12,693-133
Employee Costs60,01756,73857,377357,583492,29350,67648,74545,187
Number Of Employees111710111
EBITDA*47,26725,208-110,7274,200-18,390-7,115-12,741-146

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets4491,3481,079
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4491,3481,079
Stock & work in progress
Trade Debtors16,15010,0008,999
Group Debtors
Misc Debtors9,99919,127
Cash20,51868,4888,64410,644
misc current assets5,785
total current assets26,14920,51868,48824,91210,00017,64310,644
total assets26,14920,51844969,83625,99110,00017,64310,644
Bank overdraft17,33029,49912,09857,12630,953
Bank loan
Trade Creditors 1,3571,3581,35860,49610,776
Group/Directors Accounts26,4102,31634,375
other short term finances
hp & lease commitments
other current liabilities69,70397,54633,88211,181
total current liabilities114,800130,71981,71360,49668,30730,95310,776
loans19,03229,32173,173
hp & lease commitments
Accruals and Deferred Income
other liabilities50,000
provisions30,469
total long term liabilities19,03229,32173,17350,00030,469
total liabilities133,832160,040154,886110,49668,30730,95330,46910,776
net assets-107,683-139,522-154,437-40,660-42,316-20,953-12,826-132
total shareholders funds-107,683-139,522-154,437-40,660-42,316-20,953-12,826-132
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit47,26725,208-111,1773,751-18,390-7,115-12,741-146
Depreciation450449
Amortisation
Tax-10,613-3,499-388
Stock
Debtors26,149-19,1279,1271,0018,999
Creditors-1-59,13860,496-10,77610,776
Accruals and Deferred Income-27,84363,66433,882-11,18111,181
Deferred Taxes & Provisions-30,46930,469
Cash flow from operations-17,33985,373-135,98372,254-16,336-38,585-2,04710,630
Investing Activities
capital expenditure449449-718-1,079
Change in Investments
cash flow from investments449449-718-1,079
Financing Activities
Bank loans
Group/Directors Accounts24,094-32,05934,375
Other Short Term Loans
Long term loans-10,289-43,85273,173
Hire Purchase and Lease Commitments
other long term liabilities-50,00050,000
share issue1-11
interest-4,815-6,795-2,600-1,708-2,973-1,0134813
cash flow from financing8,990-82,70654,94848,293-2,973-1,0134714
cash and cash equivalents
cash-20,51820,518-68,48868,488-8,644-2,00010,644
overdraft-12,16917,40112,098-57,12626,17330,953
change in cash-8,3493,117-80,586125,614-26,173-39,597-2,00010,644

onpoint financial limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Onpoint Financial Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for onpoint financial limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in HP3 area or any other competitors across 12 key performance metrics.

onpoint financial limited Ownership

ONPOINT FINANCIAL LIMITED group structure

Onpoint Financial Limited has no subsidiary companies.

Ultimate parent company

ONPOINT FINANCIAL LIMITED

09993748

ONPOINT FINANCIAL LIMITED Shareholders

martin lightbowne 100%

onpoint financial limited directors

Onpoint Financial Limited currently has 1 director, Mr Martin Lightbowne serving since Feb 2016.

officercountryagestartendrole
Mr Martin LightbowneScotland45 years Feb 2016- Director

P&L

February 2024

turnover

38.9k

-60%

operating profit

47.3k

0%

gross margin

99.7%

+0.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

-107.7k

-0.23%

total assets

26.1k

+0.27%

cash

0

-1%

net assets

Total assets minus all liabilities

onpoint financial limited company details

company number

09993748

Type

Private limited with Share Capital

industry

65110 - Life insurance

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

ONPOINT ACCOUNTING

auditor

-

address

three gables business centre, corner hall, hemel hempstead, herts, HP3 9HN

Bank

-

Legal Advisor

-

onpoint 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 onpoint financial limited.

onpoint 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.

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onpoint financial limited Companies House Filings - See Documents

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