63/66 hatton garden, fifth floor, suite 23, london, EC1N 8LE
Website
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finmo limitedEstimated Valuation
£125.7k
Pomanda estimates the enterprise value of FINMO LIMITED at £125.7k based on a Turnover of £203.7k and 0.62x industry multiple (adjusted for size and gross margin).
finmo limitedEstimated Valuation
£47.8k
Pomanda estimates the enterprise value of FINMO LIMITED at £47.8k based on an EBITDA of £13k and a 3.68x industry multiple (adjusted for size and gross margin).
finmo limitedEstimated Valuation
£63k
Pomanda estimates the enterprise value of FINMO LIMITED at £63k based on Net Assets of £26.7k and 2.36x industry multiple (adjusted for liquidity).
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Finmo LimitedOverview
Finmo Limited is a live company located in london, EC1N 8LE with a Companies House number of 11079685. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2017, it's largest shareholder is
wcs nominees limited
with a 42.7% stake. Finmo Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£203.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Finmo Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £203.7k, make it smaller than the average company (£4m)
£203.7k - Finmo Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (11.6%)
-16% - Finmo Limited
11.6% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.1%)
42.4% - Finmo Limited
73.1% - Industry AVG
Profitability
an operating margin of 6.4% make it more profitable than the average company (4%)
6.4% - Finmo Limited
4% - Industry AVG
Employees
with 5 employees, this is below the industry average (36)
5 - Finmo Limited
36 - Industry AVG
Pay Structure
on an average salary of £68.8k, the company has an equivalent pay structure (£68.8k)
£68.8k - Finmo Limited
£68.8k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is less efficient (£124k)
£40.7k - Finmo Limited
£124k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (58 days)
55 days - Finmo Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (41 days)
14 days - Finmo Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Finmo Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Finmo Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (60.8%)
15.3% - Finmo Limited
60.8% - Industry AVG
FINMO LIMITED financials
EXPORT
Finmo Limited's latest turnover from April 2024 is estimated at £203.7 thousand and the company has net assets of £26.7 thousand. According to their latest financial statements, Finmo Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Turnover
203,699
124,895
81,122
346,604
88,379
201,185
Other Income Or Grants
Cost Of Sales
117,356
72,582
45,486
197,877
50,248
116,827
Gross Profit
86,343
52,313
35,636
148,727
38,130
84,358
Admin Expenses
73,343
-43,298
249,838
-100,863
156,535
-9,079
Operating Profit
13,000
95,611
-214,202
249,590
-118,405
93,437
Interest Payable
Interest Receivable
Pre-Tax Profit
13,000
95,611
-214,202
249,590
-118,405
93,437
Tax
-3,250
-23,903
-47,422
-17,753
Profit After Tax
9,750
71,708
-214,202
202,168
-118,405
75,684
Dividends Paid
Retained Profit
9,750
71,708
-214,202
202,168
-118,405
75,684
Employee Costs
344,049
198,588
186,730
115,090
112,140
120,579
Number Of Employees
5
3
3
2
2
2
EBITDA*
13,000
95,611
-214,202
249,590
-118,405
93,437
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Tangible Assets
753
753
753
1,880
3,008
2,924
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
753
753
753
1,880
3,008
2,924
Stock & work in progress
Trade Debtors
30,758
26,545
1,543
172,428
20,721
87,685
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
30,758
26,545
1,543
172,428
20,721
87,685
total assets
31,511
27,298
2,296
174,308
23,729
90,609
Bank overdraft
Bank loan
Trade Creditors
4,808
10,345
57,051
14,861
66,450
14,925
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
4,808
10,345
57,051
14,861
66,450
14,925
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
4,808
10,345
57,051
14,861
66,450
14,925
net assets
26,703
16,953
-54,755
159,447
-42,721
75,684
total shareholders funds
26,703
16,953
-54,755
159,447
-42,721
75,684
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Operating Activities
Operating Profit
13,000
95,611
-214,202
249,590
-118,405
93,437
Depreciation
Amortisation
Tax
-3,250
-23,903
-47,422
-17,753
Stock
Debtors
4,213
25,002
-170,885
151,707
-66,964
87,685
Creditors
-5,537
-46,706
42,190
-51,589
51,525
14,925
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-1,127
-1,128
84
2,924
Investing Activities
capital expenditure
1,127
1,128
-84
-2,924
Change in Investments
cash flow from investments
1,127
1,128
-84
-2,924
Financing Activities
Bank loans
Group/Directors Accounts
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
overdraft
change in cash
finmo limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for finmo limited. Get real-time insights into finmo limited's credit score, group structure and payment trends.
Perform a competitor analysis for finmo limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EC1N area or any other competitors across 12 key performance metrics.
finmo limited Ownership
FINMO LIMITED group structure
Finmo Limited has no subsidiary companies.
Ultimate parent company
FINMO LIMITED
11079685
FINMO LIMITED Shareholders
The largest shareholders in Finmo Limited include Wcs Nominees Limited and John David Rainey.
wcs nominees limited
42.7%
john david rainey
40.68%
founders factory limited
13.56%
david rainey & elizabeth rainey
2.02%
miles reidy
1.04%
finmo limited directors
Finmo Limited currently has 1 director, Mr John Rainey serving since Jul 2018.
62012 - Business and domestic software development
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
ADVANTEL CONSULTING LTD
auditor
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address
63/66 hatton garden, fifth floor, suite 23, london, EC1N 8LE
Bank
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Legal Advisor
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finmo 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 found 1 charges/mortgages relating to finmo limited. Currently there are 0 open charges and 1 have been satisfied in the past.
finmo 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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finmo limitedCompanies House Filings - See Documents
