principle mortgage solutions limited
principle mortgage solutions limited Company Information
Group Structure
View All
Industry
Other activities auxiliary to financial services, except insurance and pension funding
Registered Address
lifestyle accounting ltd, 58-60 wetmore road, burton on trent, staffordshire, DE14 1SN
Website
-principle mortgage solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPLE MORTGAGE SOLUTIONS LIMITED at £61.3k based on a Turnover of £101.8k and 0.6x industry multiple (adjusted for size and gross margin).
principle mortgage solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPLE MORTGAGE SOLUTIONS LIMITED at £0 based on an EBITDA of £-4.4k and a 2.92x industry multiple (adjusted for size and gross margin).
principle mortgage solutions limited Estimated Valuation
Pomanda estimates the enterprise value of PRINCIPLE MORTGAGE SOLUTIONS LIMITED at £27.1k based on Net Assets of £11.1k and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Principle Mortgage Solutions Limited Overview
Principle Mortgage Solutions Limited is a live company located in burton on trent, DE14 1SN with a Companies House number of 11192125. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in February 2018, it's largest shareholder is paul wilson with a 50% stake. Principle Mortgage Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £101.8k with declining growth in recent years.
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Principle Mortgage Solutions Limited Health Check
Pomanda's financial health check has awarded Principle Mortgage Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £101.8k, make it smaller than the average company (£3.7m)
- Principle Mortgage Solutions Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (9.5%)
- Principle Mortgage Solutions Limited
9.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (82.2%)
- Principle Mortgage Solutions Limited
82.2% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (9.3%)
- Principle Mortgage Solutions Limited
9.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Principle Mortgage Solutions Limited
8 - Industry AVG
Pay Structure
on an average salary of £73.1k, the company has an equivalent pay structure (£73.1k)
- Principle Mortgage Solutions Limited
£73.1k - Industry AVG
Efficiency
resulting in sales per employee of £101.8k, this is less efficient (£178.8k)
- Principle Mortgage Solutions Limited
£178.8k - Industry AVG
Debtor Days
it gets paid by customers after 104 days, this is later than average (32 days)
- Principle Mortgage Solutions Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (36 days)
- Principle Mortgage Solutions Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Principle Mortgage Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Principle Mortgage Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.9%, this is a lower level of debt than the average (69%)
61.9% - Principle Mortgage Solutions Limited
69% - Industry AVG
PRINCIPLE MORTGAGE SOLUTIONS LIMITED financials
Principle Mortgage Solutions Limited's latest turnover from March 2024 is estimated at £101.8 thousand and the company has net assets of £11.1 thousand. According to their latest financial statements, Principle Mortgage Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,132 | 39,065 | 38,554 | 44,890 | 19,942 | 7,958 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 29,132 | 39,065 | 38,554 | 44,890 | 19,942 | 7,958 |
| total assets | 29,132 | 39,065 | 38,554 | 44,890 | 19,942 | 7,958 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,999 | 23,526 | 26,900 | 28,505 | 13,507 | 7,629 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 17,999 | 23,526 | 26,900 | 28,505 | 13,507 | 7,629 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 44 | 5 | 83 | 0 | 1,233 | 158 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 44 | 5 | 83 | 0 | 1,233 | 158 |
| total liabilities | 18,043 | 23,531 | 26,983 | 28,505 | 14,740 | 7,787 |
| net assets | 11,089 | 15,534 | 11,571 | 16,385 | 5,202 | 171 |
| total shareholders funds | 11,089 | 15,534 | 11,571 | 16,385 | 5,202 | 171 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,933 | 511 | -6,336 | 24,948 | 11,984 | 7,958 |
| Creditors | -5,527 | -3,374 | -1,605 | 14,998 | 5,878 | 7,629 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 39 | -78 | 83 | -1,233 | 1,075 | 158 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
principle mortgage solutions limited Credit Report and Business Information
Principle Mortgage Solutions Limited Competitor Analysis
Perform a competitor analysis for principle mortgage solutions limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in DE14 area or any other competitors across 12 key performance metrics.
principle mortgage solutions limited Ownership
PRINCIPLE MORTGAGE SOLUTIONS LIMITED group structure
Principle Mortgage Solutions Limited has no subsidiary companies.
Ultimate parent company
PRINCIPLE MORTGAGE SOLUTIONS LIMITED
11192125
principle mortgage solutions limited directors
Principle Mortgage Solutions Limited currently has 1 director, Mr Paul Wilson serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Wilson | United Kingdom | 54 years | Feb 2018 | - | Director |
P&L
March 2024turnover
101.8k
-15%
operating profit
-4.4k
0%
gross margin
20.8%
-4.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
11.1k
-0.29%
total assets
29.1k
-0.25%
cash
0
0%
net assets
Total assets minus all liabilities
principle mortgage solutions limited company details
company number
11192125
Type
Private limited with Share Capital
industry
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
lifestyle accounting ltd, 58-60 wetmore road, burton on trent, staffordshire, DE14 1SN
Bank
-
Legal Advisor
-
principle mortgage 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 principle mortgage solutions limited.
principle mortgage 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 PRINCIPLE MORTGAGE SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
principle mortgage solutions limited Companies House Filings - See Documents
| date | description | view/download |
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