enhance financial planning limited

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enhance financial planning limited Company Information

Share ENHANCE FINANCIAL PLANNING LIMITED

Company Number

10256599

Directors

Lee Kirven

Shareholders

lee kirven

Group Structure

View All

Industry

Fund management activities

 

Registered Address

unit 12, trent business park, eastern avenue, lichfield, WS13 6RN

enhance financial planning limited Estimated Valuation

£293.8k

Pomanda 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).

enhance financial planning limited Estimated Valuation

£27.9k

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).

enhance financial planning limited Estimated Valuation

£1.8k

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 Overview

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.

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Enhance Financial Planning Limited Health Check

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

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £324k, make it smaller than the average company (£2.9m)

£324k - Enhance Financial Planning Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.5%)

3% - Enhance Financial Planning Limited

4.5% - Industry AVG

production

Production

with a gross margin of 96.8%, this company has a comparable cost of product (96.8%)

96.8% - Enhance Financial Planning Limited

96.8% - Industry AVG

profitability

Profitability

an operating margin of 1.7% make it less profitable than the average company (8.5%)

1.7% - Enhance Financial Planning Limited

8.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (9)

1 - Enhance Financial Planning Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £159.6k, the company has an equivalent pay structure (£159.6k)

£159.6k - Enhance Financial Planning Limited

£159.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £324k, this is equally as efficient (£324k)

£324k - Enhance Financial Planning Limited

£324k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Enhance Financial Planning Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Enhance Financial Planning Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Enhance Financial Planning Limited

- - Industry AVG

cashbalance

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

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017
Turnover324,000345,568648,043294,699195,255284,936320,9911,041
Other Income Or Grants
Cost Of Sales10,27816,19129,39118,95811,63918,21520,52092
Gross Profit313,722329,378618,652275,741183,617266,721300,471949
Admin Expenses308,385324,434615,089272,749183,035266,817300,471826
Operating Profit5,3374,9443,5632,992582-96123
Interest Payable4,1844,7183,6352,337587
Interest Receivable413647
Pre-Tax Profit1,565226-726561-49123
Tax-391-43-125-23
Profit After Tax1,174183-725311-49100
Dividends Paid
Retained Profit1,174183-725311-49100
Employee Costs159,579159,881306,370134,333125,759131,092127,754121,428
Number Of Employees11211111
EBITDA*7,8176,9695,1483,590699-96123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017
Tangible Assets14,05516,5359,1124,248662
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets14,05516,5359,1124,248662
Stock & work in progress
Trade Debtors2,189100
Group Debtors
Misc Debtors39,74980,13469,388100,64731,499900100
Cash15,72212,587
misc current assets
total current assets55,47180,13469,388100,64733,68813,487100100
total assets69,52696,66978,500104,89534,35013,487100100
Bank overdraft32,64741,73550,32457,37519,235
Bank loan
Trade Creditors 11
Group/Directors Accounts219
other short term finances
hp & lease commitments
other current liabilities35,00154,23027,56546,83714,96213,116
total current liabilities67,64895,96577,889104,21234,19813,336
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities67,64895,96577,889104,21234,19813,336
net assets1,878704611683152151100100
total shareholders funds1,878704611683152151100100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Jun 2017
Operating Activities
Operating Profit5,3374,9443,5632,992582-96123
Depreciation2,4802,0251,585598117
Amortisation
Tax-391-43-125-23
Stock
Debtors-40,38510,746-31,25966,95932,788800100
Creditors-11
Accruals and Deferred Income-19,22926,665-19,27231,8751,84613,116
Deferred Taxes & Provisions
Cash flow from operations28,58222,84517,135-31,620-30,24312,221
Investing Activities
capital expenditure-9,448-6,449-4,184-779
Change in Investments
cash flow from investments-9,448-6,449-4,184-779
Financing Activities
Bank loans
Group/Directors Accounts-219219
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-90100
interest-3,771-4,718-3,635-2,337-58147
cash flow from financing-3,771-4,808-3,635-2,337-800366
cash and cash equivalents
cash15,722-12,58712,587
overdraft-9,088-8,589-7,05138,14019,235
change in cash24,8108,5897,051-38,140-31,82212,587

enhance financial planning 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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Enhance Financial Planning Limited Competitor Analysis

competitor_analysis_table_img

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 Ownership

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 Shareholders

lee kirven 100%

enhance financial planning limited directors

Enhance Financial Planning Limited currently has 1 director, Mr Lee Kirven serving since Jun 2016.

officercountryagestartendrole
Mr Lee KirvenEngland48 years Jun 2016- Director

P&L

March 2024

turnover

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 2024

net assets

1.9k

+1.67%

total assets

69.5k

-0.28%

cash

15.7k

0%

net assets

Total assets minus all liabilities

enhance financial planning limited company details

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

None

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

-

enhance financial planning 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 enhance financial planning limited.

enhance financial planning 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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enhance financial planning limited Companies House Filings - See Documents

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