ethika finance limited
ethika finance limited Company Information
Company Number
10424256
Website
https://ethikafinance.comRegistered Address
45 pall mall, london, SW1Y 5JG
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Denis Dixon2 Years
Shareholders
bedford row capital plc 100%
ethika finance limited Estimated Valuation
Pomanda estimates the enterprise value of ETHIKA FINANCE LIMITED at £49.3k based on a Turnover of £124.5k and 0.4x industry multiple (adjusted for size and gross margin).
ethika finance limited Estimated Valuation
Pomanda estimates the enterprise value of ETHIKA FINANCE LIMITED at £0 based on an EBITDA of £-626 and a 3.12x industry multiple (adjusted for size and gross margin).
ethika finance limited Estimated Valuation
Pomanda estimates the enterprise value of ETHIKA FINANCE LIMITED at £23.8k based on Net Assets of £45.6k and 0.52x industry multiple (adjusted for liquidity).
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Ethika Finance Limited Overview
Ethika Finance Limited is a live company located in london, SW1Y 5JG with a Companies House number of 10424256. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is bedford row capital plc with a 100% stake. Ethika Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £124.5k with unknown growth in recent years.
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Ethika Finance Limited Health Check
Pomanda's financial health check has awarded Ethika Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £124.5k, make it smaller than the average company (£3.7m)
- Ethika Finance Limited
£3.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ethika Finance Limited
- - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.8%)
- Ethika Finance Limited
37.8% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (5.9%)
- Ethika Finance Limited
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
- Ethika Finance Limited
23 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Ethika Finance Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £124.5k, this is less efficient (£152.9k)
- Ethika Finance Limited
£152.9k - Industry AVG
Debtor Days
it gets paid by customers after 134 days, this is later than average (41 days)
- Ethika Finance Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Ethika Finance Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ethika Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Ethika Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (61.3%)
0.5% - Ethika Finance Limited
61.3% - Industry AVG
ETHIKA FINANCE LIMITED financials
Ethika Finance Limited's latest turnover from October 2023 is estimated at £124.5 thousand and the company has net assets of £45.6 thousand. According to their latest financial statements, we estimate that Ethika Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 521,109 | 703,073 | 88,018 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 0 | 0 | 0 | 470,717 | 615,602 | 70,159 | |
| Gross Profit | 0 | 0 | 0 | 50,392 | 87,471 | 17,859 | |
| Admin Expenses | 625 | 625 | 625 | 51,017 | 88,095 | 18,484 | |
| Operating Profit | -625 | -625 | -625 | -625 | -624 | -625 | |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | -625 | -625 | -625 | -625 | -624 | -625 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | -625 | -625 | -625 | -625 | -624 | -625 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -625 | -625 | -625 | -625 | -624 | -625 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | 3 | ||||||
| EBITDA* | -625 | -625 | -625 | -625 | -624 | -625 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 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 | 9,375 | 22,751 | 3,496,485 | 2,222,134 |
| Total Fixed Assets | 0 | 0 | 0 | 9,375 | 22,751 | 3,496,485 | 2,222,134 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 45,877 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 46,513 | 50,896 | 41,126 | 53,124 | 988,634 | 207,717 |
| Cash | 0 | 0 | 11,353 | 124,181 | 222,763 | 21,936 | 42,061 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 1,598,274 | 0 |
| total current assets | 45,877 | 46,513 | 62,249 | 165,307 | 275,887 | 2,608,844 | 249,778 |
| total assets | 45,877 | 46,513 | 62,249 | 174,682 | 298,638 | 6,105,329 | 2,471,912 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 252 | 262 | 1,770 | 0 | 1,068 | 0 | 13,800 |
| 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 | 13,603 | 127,181 | 132,128 | 384,234 | 151,733 |
| total current liabilities | 252 | 262 | 15,373 | 127,181 | 133,196 | 384,234 | 165,533 |
| loans | 0 | 0 | 0 | 0 | 117,316 | 5,567,007 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 105,337 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 2,257,004 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 117,316 | 5,672,344 | 2,257,004 |
| total liabilities | 252 | 262 | 15,373 | 127,181 | 250,512 | 6,056,578 | 2,422,537 |
| net assets | 45,625 | 46,251 | 46,876 | 47,501 | 48,126 | 48,751 | 49,375 |
| total shareholders funds | 45,625 | 46,251 | 46,876 | 47,501 | 48,126 | 48,751 | 49,375 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -625 | -625 | -625 | -625 | -624 | -625 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -636 | -4,383 | 395 | -25,374 | -4,409,244 | 2,055,268 | 2,429,851 |
| Creditors | -10 | -1,508 | 1,770 | -1,068 | 1,068 | -13,800 | 13,800 |
| Accruals and Deferred Income | 0 | -13,603 | -113,578 | -4,947 | -357,443 | 337,838 | 151,733 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -11,353 | -112,828 | 18,734 | 4,052,244 | -1,731,854 | -2,264,943 | |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | |
| 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 | -117,316 | -5,449,691 | 5,567,007 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -2,257,004 | 2,257,004 |
| share issue | |||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 0 | -117,316 | -5,449,691 | 3,310,003 | 2,307,004 | |
| cash and cash equivalents | |||||||
| cash | 0 | -11,353 | -112,828 | -98,582 | 200,827 | -20,125 | 42,061 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -11,353 | -112,828 | -98,582 | 200,827 | -20,125 | 42,061 |
ethika finance limited Credit Report and Business Information
Ethika Finance Limited Competitor Analysis
Perform a competitor analysis for ethika finance limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
ethika finance limited Ownership
ETHIKA FINANCE LIMITED group structure
Ethika Finance Limited has no subsidiary companies.
ethika finance limited directors
Ethika Finance Limited currently has 1 director, Mr Denis Dixon serving since Mar 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Denis Dixon | United Kingdom | 77 years | Mar 2022 | - | Director |
P&L
October 2023turnover
124.5k
0%
operating profit
-626
0%
gross margin
17.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
45.6k
-0.01%
total assets
45.9k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
ethika finance limited company details
company number
10424256
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
8
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
ethika finance plc (March 2022)
last accounts submitted
October 2023
address
45 pall mall, london, SW1Y 5JG
accountant
-
auditor
-
ethika finance 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 ethika finance limited.
ethika finance limited Companies House Filings - See Documents
| date | description | view/download |
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