finchtech ltd
finchtech ltd Company Information
Company Number
10344521
Website
tamassetmanagement.comRegistered Address
c/o tam asset management ltd, city tower, london, EC2V 5DE
Industry
Non-trading company
Telephone
02075497650
Next Accounts Due
October 2024
Group Structure
View All
Directors
Lester Petch6 Years
Shareholders
tam financial ltd 100%
finchtech ltd Estimated Valuation
Pomanda estimates the enterprise value of FINCHTECH LTD at £201.5k based on a Turnover of £408.7k and 0.49x industry multiple (adjusted for size and gross margin).
finchtech ltd Estimated Valuation
Pomanda estimates the enterprise value of FINCHTECH LTD at £1.3m based on an EBITDA of £343.7k and a 3.74x industry multiple (adjusted for size and gross margin).
finchtech ltd Estimated Valuation
Pomanda estimates the enterprise value of FINCHTECH LTD at £2 based on Net Assets of £1 and 2.24x industry multiple (adjusted for liquidity).
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Finchtech Ltd Overview
Finchtech Ltd is a dissolved company that was located in london, EC2V 5DE with a Companies House number of 10344521. It operated in the non-trading company sector, SIC Code 74990. Founded in August 2016, it's largest shareholder was tam financial ltd with a 100% stake. The last turnover for Finchtech Ltd was estimated at £408.7k.
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Finchtech Ltd Health Check
Pomanda's financial health check has awarded Finchtech Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
2 Weak
Size
annual sales of £408.7k, make it smaller than the average company (£3.6m)
- Finchtech Ltd
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (0.6%)
- Finchtech Ltd
0.6% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
- Finchtech Ltd
32.3% - Industry AVG
Profitability
an operating margin of 84.1% make it more profitable than the average company (5.3%)
- Finchtech Ltd
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (42)
3 - Finchtech Ltd
42 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£37.6k)
- Finchtech Ltd
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £136.2k, this is equally as efficient (£136.2k)
- Finchtech Ltd
£136.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Finchtech Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Finchtech Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finchtech Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Finchtech Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Finchtech Ltd
- - Industry AVG
FINCHTECH LTD financials
Finchtech Ltd's latest turnover from December 2021 is estimated at £408.7 thousand and the company has net assets of £1. According to their latest financial statements, Finchtech Ltd has 3 employees and maintains cash reserves of £1 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 3 | 3 | 3 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 66,540 | 119,476 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 66,540 | 119,476 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 167 | 0 |
| Misc Debtors | 0 | 0 | 3,492 | 0 | 1 |
| Cash | 1 | 29,100 | 4,895 | 43,377 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1 | 29,100 | 8,387 | 43,544 | 1 |
| total assets | 1 | 29,100 | 74,927 | 163,020 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 5,800 | 0 |
| Group/Directors Accounts | 0 | 0 | 20,131 | 84 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 8,500 | 6,000 | 2,900 | 0 |
| total current liabilities | 0 | 8,500 | 26,131 | 8,784 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 8,500 | 26,131 | 8,784 | 0 |
| net assets | 1 | 20,600 | 48,796 | 154,236 | 1 |
| total shareholders funds | 1 | 20,600 | 48,796 | 154,236 | 1 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 39,702 | 52,936 | 39,331 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -3,492 | 3,325 | 166 | 1 |
| Creditors | 0 | 0 | -5,800 | 5,800 | 0 |
| Accruals and Deferred Income | -8,500 | 2,500 | 3,100 | 2,900 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -20,131 | 20,047 | 84 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -29,099 | 24,205 | -38,482 | 43,377 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -29,099 | 24,205 | -38,482 | 43,377 | 0 |
finchtech ltd Credit Report and Business Information
Finchtech Ltd Competitor Analysis
Perform a competitor analysis for finchtech ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in EC2V area or any other competitors across 12 key performance metrics.
finchtech ltd Ownership
FINCHTECH LTD group structure
Finchtech Ltd has no subsidiary companies.
Ultimate parent company
2 parents
FINCHTECH LTD
10344521
finchtech ltd directors
Finchtech Ltd currently has 1 director, Mr Lester Petch serving since Nov 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lester Petch | England | 67 years | Nov 2017 | - | Director |
P&L
December 2021turnover
408.7k
+1%
operating profit
343.7k
0%
gross margin
32.3%
-1.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
1
-1%
total assets
1
-1%
cash
1
-1%
net assets
Total assets minus all liabilities
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finchtech ltd company details
company number
10344521
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
August 2016
age
8
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
December 2021
address
c/o tam asset management ltd, city tower, london, EC2V 5DE
accountant
ELMAN WALL LIMITED
auditor
-
finchtech 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 finchtech ltd.
finchtech ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
