trend finance solutions ltd
trend finance solutions ltd Company Information
Company Number
10198644
Registered Address
unit 1b, focus four, fourth avenue, letchworth, hertfordshire, SG6 2TU
Industry
Activities of insurance agents and brokers
Telephone
03302211035
Next Accounts Due
February 2025
Group Structure
View All
Directors
Kirrenjeet Bachra8 Years
Shareholders
jagtar bachra 50%
kirrenjeet bachra 50%
trend finance solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TREND FINANCE SOLUTIONS LTD at £23.2k based on a Turnover of £20.5k and 1.13x industry multiple (adjusted for size and gross margin).
trend finance solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TREND FINANCE SOLUTIONS LTD at £37.8k based on an EBITDA of £8.8k and a 4.31x industry multiple (adjusted for size and gross margin).
trend finance solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of TREND FINANCE SOLUTIONS LTD at £11.4k based on Net Assets of £4.1k and 2.8x industry multiple (adjusted for liquidity).
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Trend Finance Solutions Ltd Overview
Trend Finance Solutions Ltd is a live company located in letchworth, SG6 2TU with a Companies House number of 10198644. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2016, it's largest shareholder is jagtar bachra with a 50% stake. Trend Finance Solutions Ltd is a young, micro sized company, Pomanda has estimated its turnover at £20.5k with rapid growth in recent years.
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Trend Finance Solutions Ltd Health Check
Pomanda's financial health check has awarded Trend Finance Solutions Ltd 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 £20.5k, make it smaller than the average company (£2.7m)
- Trend Finance Solutions Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 269%, show it is growing at a faster rate (5.5%)
- Trend Finance Solutions Ltd
5.5% - Industry AVG
Production
with a gross margin of 60.5%, this company has a higher cost of product (96.9%)
- Trend Finance Solutions Ltd
96.9% - Industry AVG
Profitability
an operating margin of 42.7% make it more profitable than the average company (19.7%)
- Trend Finance Solutions Ltd
19.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Trend Finance Solutions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Trend Finance Solutions Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £20.5k, this is less efficient (£110.3k)
- Trend Finance Solutions Ltd
£110.3k - Industry AVG
Debtor Days
it gets paid by customers after 232 days, this is later than average (73 days)
- Trend Finance Solutions Ltd
73 days - Industry AVG
Creditor Days
its suppliers are paid after 406 days, this is slower than average (110 days)
- Trend Finance Solutions Ltd
110 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trend Finance Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Trend Finance Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (60%)
68.9% - Trend Finance Solutions Ltd
60% - Industry AVG
TREND FINANCE SOLUTIONS LTD financials
Trend Finance Solutions Ltd's latest turnover from May 2023 is estimated at £20.5 thousand and the company has net assets of £4.1 thousand. According to their latest financial statements, we estimate that Trend Finance Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 13,088 | 16,340 | 6,454 | 158 | 1,942 | 1,363 | 2,073 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,088 | 16,340 | 6,454 | 158 | 1,942 | 1,363 | 2,073 |
| total assets | 13,088 | 16,340 | 6,454 | 158 | 1,942 | 1,363 | 2,073 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,020 | 18,849 | 17,466 | 14,387 | 15,059 | 15,721 | 17,004 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 |
| total current liabilities | 9,020 | 18,849 | 17,466 | 14,387 | 15,059 | 15,721 | 17,004 |
| 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 | 9,020 | 18,849 | 17,466 | 14,387 | 15,059 | 15,721 | 17,004 |
| net assets | 4,068 | -2,509 | -11,012 | -14,229 | -13,117 | -14,358 | -14,931 |
| total shareholders funds | 4,068 | -2,509 | -11,012 | -14,229 | -13,117 | -14,358 | -14,931 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,252 | 9,886 | 6,296 | -1,784 | 579 | -710 | 2,073 |
| Creditors | -9,829 | 1,383 | 3,079 | -672 | -662 | -1,283 | 17,004 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 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 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
trend finance solutions ltd Credit Report and Business Information
Trend Finance Solutions Ltd Competitor Analysis
Perform a competitor analysis for trend finance solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SG6 area or any other competitors across 12 key performance metrics.
trend finance solutions ltd Ownership
TREND FINANCE SOLUTIONS LTD group structure
Trend Finance Solutions Ltd has no subsidiary companies.
Ultimate parent company
TREND FINANCE SOLUTIONS LTD
10198644
trend finance solutions ltd directors
Trend Finance Solutions Ltd currently has 1 director, Mrs Kirrenjeet Bachra serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kirrenjeet Bachra | England | 44 years | May 2016 | - | Director |
P&L
May 2023turnover
20.5k
-18%
operating profit
8.8k
0%
gross margin
60.6%
-1.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.1k
-2.62%
total assets
13.1k
-0.2%
cash
0
0%
net assets
Total assets minus all liabilities
trend finance solutions ltd company details
company number
10198644
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
unit 1b, focus four, fourth avenue, letchworth, hertfordshire, SG6 2TU
accountant
GEORGE HAY PARTNERSHIP LLP
auditor
-
trend finance solutions 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 trend finance solutions ltd.
trend finance solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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