octopus money financial solutions limited
octopus money financial solutions limited Company Information
Company Number
10339119
Next Accounts
Jan 2026
Shareholders
hatch financial planning limited
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
7th floor 33 holborn, london, EC1N 2HT
Website
http://vouchedfor.co.ukoctopus money financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED at £2.1m based on a Turnover of £2.1m and 1x industry multiple (adjusted for size and gross margin).
octopus money financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED at £0 based on an EBITDA of £-9.7m and a 3.68x industry multiple (adjusted for size and gross margin).
octopus money financial solutions limited Estimated Valuation
Pomanda estimates the enterprise value of OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED at £13.8m based on Net Assets of £8.3m and 1.67x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Octopus Money Financial Solutions Limited Overview
Octopus Money Financial Solutions Limited is a live company located in london, EC1N 2HT with a Companies House number of 10339119. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in August 2016, it's largest shareholder is hatch financial planning limited with a 100% stake. Octopus Money Financial Solutions Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Octopus Money Financial Solutions Limited Health Check
Pomanda's financial health check has awarded Octopus Money Financial Solutions Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£12.2m)
£2.1m - Octopus Money Financial Solutions Limited
£12.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (9.9%)
- Octopus Money Financial Solutions Limited
9.9% - Industry AVG
Production
with a gross margin of 45.7%, this company has a higher cost of product (76.9%)
45.7% - Octopus Money Financial Solutions Limited
76.9% - Industry AVG
Profitability
an operating margin of -466.8% make it less profitable than the average company (7.5%)
-466.8% - Octopus Money Financial Solutions Limited
7.5% - Industry AVG
Employees
with 88 employees, this is above the industry average (66)
88 - Octopus Money Financial Solutions Limited
66 - Industry AVG
Pay Structure
on an average salary of £89.1k, the company has an equivalent pay structure (£79.7k)
£89.1k - Octopus Money Financial Solutions Limited
£79.7k - Industry AVG
Efficiency
resulting in sales per employee of £24.4k, this is less efficient (£208.9k)
£24.4k - Octopus Money Financial Solutions Limited
£208.9k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (40 days)
80 days - Octopus Money Financial Solutions Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (44 days)
46 days - Octopus Money Financial Solutions Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Octopus Money Financial Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (27 weeks)
72 weeks - Octopus Money Financial Solutions Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 16.4%, this is a lower level of debt than the average (56.6%)
16.4% - Octopus Money Financial Solutions Limited
56.6% - Industry AVG
OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED financials
Octopus Money Financial Solutions Limited's latest turnover from April 2024 is £2.1 million and the company has net assets of £8.3 million. According to their latest financial statements, Octopus Money Financial Solutions Limited has 88 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,147,074 | 1,158,890 | 541,242 | ||||
| Other Income Or Grants | |||||||
| Cost Of Sales | 1,166,064 | 613,494 | 349,818 | ||||
| Gross Profit | 981,010 | 545,396 | 191,424 | ||||
| Admin Expenses | 11,004,025 | 5,991,124 | 2,998,574 | ||||
| Operating Profit | -10,023,015 | -5,445,728 | -2,807,150 | ||||
| Interest Payable | 2,144 | 1,215 | |||||
| Interest Receivable | |||||||
| Pre-Tax Profit | -10,025,159 | -5,445,728 | -2,808,365 | ||||
| Tax | 2,301,438 | 1,029,309 | 531,921 | ||||
| Profit After Tax | -7,723,721 | -4,416,419 | -2,276,444 | ||||
| Dividends Paid | |||||||
| Retained Profit | -7,723,721 | -4,416,419 | -2,276,444 | ||||
| Employee Costs | 7,840,031 | 4,287,616 | |||||
| Number Of Employees | 88 | 50 | 29 | 7 | 1 | 1 | 1 |
| EBITDA* | -9,683,421 | -5,428,948 | -2,800,204 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 86,507 | 49,147 | 22,780 | 2,430 | |||
| Intangible Assets | 2,656,556 | ||||||
| Investments & Other | 100 | ||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,743,063 | 49,147 | 22,780 | 2,430 | 100 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 472,503 | 302,426 | 69,706 | 49,897 | 1,967 | 645 | 105,369 |
| Group Debtors | 3,488,800 | 1,569,282 | 539,973 | 128,052 | |||
| Misc Debtors | 927,312 | 685,898 | 272,820 | 177,437 | 15,058 | ||
| Cash | 2,255,475 | 2,376,740 | 1,220,284 | 82,782 | 28,944 | 124,876 | |
| misc current assets | |||||||
| total current assets | 7,144,090 | 4,934,346 | 2,102,783 | 438,168 | 45,969 | 129,383 | 106,629 |
| total assets | 9,887,153 | 4,983,493 | 2,125,563 | 440,598 | 46,069 | 129,383 | 106,629 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 148,496 | 267,580 | 70,010 | 79,742 | 36,564 | 2,438 | 285 |
| Group/Directors Accounts | 37,438 | 37,438 | 37,438 | 42,688 | 132,061 | ||
| other short term finances | 835,695 | ||||||
| hp & lease commitments | |||||||
| other current liabilities | 1,432,319 | 1,385,354 | 421,109 | 367,416 | 20,132 | ||
| total current liabilities | 1,618,253 | 1,690,372 | 528,557 | 489,846 | 56,696 | 843,172 | 221,351 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 89,005 | ||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 1,618,253 | 1,690,372 | 528,557 | 489,846 | 56,696 | 843,172 | 221,351 |
| net assets | 8,268,900 | 3,293,121 | 1,597,006 | -49,248 | -10,627 | -713,789 | -114,722 |
| total shareholders funds | 8,268,900 | 3,293,121 | 1,597,006 | -49,248 | -10,627 | -713,789 | -114,722 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -10,023,015 | -5,445,728 | -2,807,150 | ||||
| Depreciation | 40,592 | 16,780 | 6,946 | 17 | |||
| Amortisation | 299,002 | ||||||
| Tax | 2,301,438 | 1,029,309 | 531,921 | ||||
| Stock | |||||||
| Debtors | 2,331,009 | 1,675,107 | 527,113 | 355,386 | 16,380 | -104,724 | 105,369 |
| Creditors | -119,084 | 197,570 | -9,732 | 79,742 | 34,126 | 2,153 | 285 |
| Accruals and Deferred Income | 46,965 | 964,245 | 53,693 | 367,416 | 20,132 | -89,005 | 89,005 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -9,785,111 | -4,912,931 | -2,751,435 | ||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 100 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -5,250 | 42,688 | -132,061 | 132,061 | |||
| Other Short Term Loans | -835,695 | 835,695 | |||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -2,144 | -1,215 | |||||
| cash flow from financing | 12,697,356 | 6,112,534 | 3,916,233 | ||||
| cash and cash equivalents | |||||||
| cash | -121,265 | 1,156,456 | 1,137,502 | 82,782 | -95,932 | 124,876 | |
| overdraft | |||||||
| change in cash | -121,265 | 1,156,456 | 1,137,502 | 82,782 | -95,932 | 124,876 |
octopus money financial solutions limited Credit Report and Business Information
Octopus Money Financial Solutions Limited Competitor Analysis
Perform a competitor analysis for octopus money financial solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC1N area or any other competitors across 12 key performance metrics.
octopus money financial solutions limited Ownership
OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED group structure
Octopus Money Financial Solutions Limited has no subsidiary companies.
Ultimate parent company
2 parents
OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED
10339119
octopus money financial solutions limited directors
Octopus Money Financial Solutions Limited currently has 2 directors. The longest serving directors include Mr Daniel Marsh (May 2024) and Ms Ruth Handcock (Nov 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Marsh | England | 33 years | May 2024 | - | Director |
| Ms Ruth Handcock | Wales | 45 years | Nov 2024 | - | Director |
P&L
April 2024turnover
2.1m
+85%
operating profit
-10m
+84%
gross margin
45.7%
-2.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
8.3m
+1.51%
total assets
9.9m
+0.98%
cash
2.3m
-0.05%
net assets
Total assets minus all liabilities
octopus money financial solutions limited company details
company number
10339119
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
tw11 wealth management limited (January 2025)
accountant
-
auditor
SAYERS BUTTERWORTH LLP
address
7th floor 33 holborn, london, EC1N 2HT
Bank
HSBC BANK PLC
Legal Advisor
-
octopus money financial solutions 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 octopus money financial solutions limited.
octopus money financial solutions 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 OCTOPUS MONEY FINANCIAL SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
octopus money financial solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
