onpoint financial limited
onpoint financial limited Company Information
Group Structure
View All
Industry
Life insurance
Registered Address
three gables business centre, corner hall, hemel hempstead, herts, HP3 9HN
Website
www.onpointfinancial.co.ukonpoint financial limited Estimated Valuation
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
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
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
3 Strong
2 Regular
5 Weak
Size
annual sales of £38.9k, make it smaller than the average company (£1.3m)
- Onpoint Financial Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (10.5%)
- Onpoint Financial Limited
10.5% - Industry AVG
Production
with a gross margin of 99.7%, this company has a comparable cost of product (99.7%)
- Onpoint Financial Limited
99.7% - Industry AVG
Profitability
an operating margin of 121.5% make it more profitable than the average company (7.5%)
- Onpoint Financial Limited
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
1 - Onpoint Financial Limited
15 - Industry AVG
Pay Structure
on an average salary of £60k, the company has an equivalent pay structure (£60k)
- Onpoint Financial Limited
£60k - Industry AVG
Efficiency
resulting in sales per employee of £38.9k, this is less efficient (£132k)
- Onpoint Financial Limited
£132k - Industry AVG
Debtor Days
it gets paid by customers after 151 days, this is earlier than average (226 days)
- Onpoint Financial Limited
226 days - Industry AVG
Creditor Days
its suppliers are paid after 4109 days, this is slower than average (27 days)
- Onpoint Financial Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Onpoint Financial Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Onpoint Financial Limited
- - Industry AVG
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
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 House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 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 | 7 | 10 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 449 | 1,348 | 1,079 | |||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 449 | 1,348 | 1,079 | |||||
| Stock & work in progress | ||||||||
| Trade Debtors | 16,150 | 10,000 | 8,999 | |||||
| Group Debtors | ||||||||
| Misc Debtors | 9,999 | 19,127 | ||||||
| Cash | 20,518 | 68,488 | 8,644 | 10,644 | ||||
| misc current assets | 5,785 | |||||||
| total current assets | 26,149 | 20,518 | 68,488 | 24,912 | 10,000 | 17,643 | 10,644 | |
| total assets | 26,149 | 20,518 | 449 | 69,836 | 25,991 | 10,000 | 17,643 | 10,644 |
| Bank overdraft | 17,330 | 29,499 | 12,098 | 57,126 | 30,953 | |||
| Bank loan | ||||||||
| Trade Creditors | 1,357 | 1,358 | 1,358 | 60,496 | 10,776 | |||
| Group/Directors Accounts | 26,410 | 2,316 | 34,375 | |||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 69,703 | 97,546 | 33,882 | 11,181 | ||||
| total current liabilities | 114,800 | 130,719 | 81,713 | 60,496 | 68,307 | 30,953 | 10,776 | |
| loans | 19,032 | 29,321 | 73,173 | |||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 50,000 | |||||||
| provisions | 30,469 | |||||||
| total long term liabilities | 19,032 | 29,321 | 73,173 | 50,000 | 30,469 | |||
| total liabilities | 133,832 | 160,040 | 154,886 | 110,496 | 68,307 | 30,953 | 30,469 | 10,776 |
| 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 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 450 | 449 | ||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 26,149 | -19,127 | 9,127 | 1,001 | 8,999 | |||
| Creditors | -1 | -59,138 | 60,496 | -10,776 | 10,776 | |||
| Accruals and Deferred Income | -27,843 | 63,664 | 33,882 | -11,181 | 11,181 | |||
| Deferred Taxes & Provisions | -30,469 | 30,469 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 24,094 | -32,059 | 34,375 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | -10,289 | -43,852 | 73,173 | |||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -50,000 | 50,000 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -20,518 | 20,518 | -68,488 | 68,488 | -8,644 | -2,000 | 10,644 | |
| overdraft | -12,169 | 17,401 | 12,098 | -57,126 | 26,173 | 30,953 | ||
| change in cash | -8,349 | 3,117 | -80,586 | 125,614 | -26,173 | -39,597 | -2,000 | 10,644 |
onpoint financial limited Credit Report and Business Information
Onpoint Financial Limited Competitor Analysis
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 directors
Onpoint Financial Limited currently has 1 director, Mr Martin Lightbowne serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Lightbowne | Scotland | 45 years | Feb 2016 | - | Director |
P&L
February 2024turnover
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 2024net 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
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.
Click to start generating capital raising & share issue transactions for ONPOINT FINANCIAL LIMITED. This can take several minutes, an email will notify you when this has completed.
onpoint financial limited Companies House Filings - See Documents
| date | description | view/download |
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