
Group Structure
View All
Industry
Fund management activities
Registered Address
unit 12, trent business park, eastern avenue, lichfield, WS13 6RN
Website
www.enhancefp.co.ukPomanda estimates the enterprise value of ENHANCE FINANCIAL PLANNING LIMITED at £293.8k based on a Turnover of £324k and 0.91x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ENHANCE FINANCIAL PLANNING LIMITED at £27.9k based on an EBITDA of £7.8k and a 3.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ENHANCE FINANCIAL PLANNING LIMITED at £1.8k based on Net Assets of £1.9k and 0.94x industry multiple (adjusted for liquidity).
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Enhance Financial Planning Limited is a live company located in lichfield, WS13 6RN with a Companies House number of 10256599. It operates in the fund management activities sector, SIC Code 66300. Founded in June 2016, it's largest shareholder is lee kirven with a 100% stake. Enhance Financial Planning Limited is a young, micro sized company, Pomanda has estimated its turnover at £324k with low growth in recent years.
Pomanda's financial health check has awarded Enhance Financial Planning Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £324k, make it smaller than the average company (£2.9m)
- Enhance Financial Planning Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.5%)
- Enhance Financial Planning Limited
4.5% - Industry AVG
Production
with a gross margin of 96.8%, this company has a comparable cost of product (96.8%)
- Enhance Financial Planning Limited
96.8% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (8.5%)
- Enhance Financial Planning Limited
8.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
1 - Enhance Financial Planning Limited
9 - Industry AVG
Pay Structure
on an average salary of £159.6k, the company has an equivalent pay structure (£159.6k)
- Enhance Financial Planning Limited
£159.6k - Industry AVG
Efficiency
resulting in sales per employee of £324k, this is equally as efficient (£324k)
- Enhance Financial Planning Limited
£324k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Enhance Financial Planning Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Enhance Financial Planning Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Enhance Financial Planning Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (51 weeks)
12 weeks - Enhance Financial Planning Limited
51 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (40.4%)
97.3% - Enhance Financial Planning Limited
40.4% - Industry AVG
Enhance Financial Planning Limited's latest turnover from March 2024 is estimated at £324 thousand and the company has net assets of £1.9 thousand. According to their latest financial statements, Enhance Financial Planning Limited has 1 employee and maintains cash reserves of £15.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jun 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 | 2 | 1 | 1 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jun 2017 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,055 | 16,535 | 9,112 | 4,248 | 662 | |||
Intangible Assets | ||||||||
Investments & Other | ||||||||
Debtors (Due After 1 year) | ||||||||
Total Fixed Assets | 14,055 | 16,535 | 9,112 | 4,248 | 662 | |||
Stock & work in progress | ||||||||
Trade Debtors | 2,189 | 100 | ||||||
Group Debtors | ||||||||
Misc Debtors | 39,749 | 80,134 | 69,388 | 100,647 | 31,499 | 900 | 100 | |
Cash | 15,722 | 12,587 | ||||||
misc current assets | ||||||||
total current assets | 55,471 | 80,134 | 69,388 | 100,647 | 33,688 | 13,487 | 100 | 100 |
total assets | 69,526 | 96,669 | 78,500 | 104,895 | 34,350 | 13,487 | 100 | 100 |
Bank overdraft | 32,647 | 41,735 | 50,324 | 57,375 | 19,235 | |||
Bank loan | ||||||||
Trade Creditors | 1 | 1 | ||||||
Group/Directors Accounts | 219 | |||||||
other short term finances | ||||||||
hp & lease commitments | ||||||||
other current liabilities | 35,001 | 54,230 | 27,565 | 46,837 | 14,962 | 13,116 | ||
total current liabilities | 67,648 | 95,965 | 77,889 | 104,212 | 34,198 | 13,336 | ||
loans | ||||||||
hp & lease commitments | ||||||||
Accruals and Deferred Income | ||||||||
other liabilities | ||||||||
provisions | ||||||||
total long term liabilities | ||||||||
total liabilities | 67,648 | 95,965 | 77,889 | 104,212 | 34,198 | 13,336 | ||
net assets | 1,878 | 704 | 611 | 683 | 152 | 151 | 100 | 100 |
total shareholders funds | 1,878 | 704 | 611 | 683 | 152 | 151 | 100 | 100 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jun 2017 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | 2,480 | 2,025 | 1,585 | 598 | 117 | |||
Amortisation | ||||||||
Tax | ||||||||
Stock | ||||||||
Debtors | -40,385 | 10,746 | -31,259 | 66,959 | 32,788 | 800 | 100 | |
Creditors | -1 | 1 | ||||||
Accruals and Deferred Income | -19,229 | 26,665 | -19,272 | 31,875 | 1,846 | 13,116 | ||
Deferred Taxes & Provisions | ||||||||
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | ||||||||
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | ||||||||
Group/Directors Accounts | -219 | 219 | ||||||
Other Short Term Loans | ||||||||
Long term loans | ||||||||
Hire Purchase and Lease Commitments | ||||||||
other long term liabilities | ||||||||
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | 15,722 | -12,587 | 12,587 | |||||
overdraft | -9,088 | -8,589 | -7,051 | 38,140 | 19,235 | |||
change in cash | 24,810 | 8,589 | 7,051 | -38,140 | -31,822 | 12,587 |
Perform a competitor analysis for enhance financial planning limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in WS13 area or any other competitors across 12 key performance metrics.
ENHANCE FINANCIAL PLANNING LIMITED group structure
Enhance Financial Planning Limited has no subsidiary companies.
Ultimate parent company
ENHANCE FINANCIAL PLANNING LIMITED
10256599
Enhance Financial Planning Limited currently has 1 director, Mr Lee Kirven serving since Jun 2016.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Lee Kirven | England | 48 years | Jun 2016 | - | Director |
P&L
March 2024turnover
324k
-6%
operating profit
5.3k
0%
gross margin
96.9%
+1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.9k
+1.67%
total assets
69.5k
-0.28%
cash
15.7k
0%
net assets
Total assets minus all liabilities
company number
10256599
Type
Private limited with Share Capital
industry
66300 - Fund management activities
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 12, trent business park, eastern avenue, lichfield, WS13 6RN
Bank
-
Legal Advisor
-
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 enhance financial planning limited.
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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