finance advice centre (ilkeston) limited

finance advice centre (ilkeston) limited Company Information

Share FINANCE ADVICE CENTRE (ILKESTON) LIMITED
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YoungMicroDeclining

Company Number

11270200

Industry

Other personal service activities n.e.c.

 

Shareholders

daniel law

david smit

Group Structure

View All

Contact

Registered Address

old police station, wharncliffe road, derbyshire, DE7 5GF

finance advice centre (ilkeston) limited Estimated Valuation

£170.3k

Pomanda estimates the enterprise value of FINANCE ADVICE CENTRE (ILKESTON) LIMITED at £170.3k based on a Turnover of £250.3k and 0.68x industry multiple (adjusted for size and gross margin).

finance advice centre (ilkeston) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FINANCE ADVICE CENTRE (ILKESTON) LIMITED at £0 based on an EBITDA of £-2.8k and a 4.06x industry multiple (adjusted for size and gross margin).

finance advice centre (ilkeston) limited Estimated Valuation

£79.3k

Pomanda estimates the enterprise value of FINANCE ADVICE CENTRE (ILKESTON) LIMITED at £79.3k based on Net Assets of £40.2k and 1.97x industry multiple (adjusted for liquidity).

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Finance Advice Centre (ilkeston) Limited Overview

Finance Advice Centre (ilkeston) Limited is a live company located in derbyshire, DE7 5GF with a Companies House number of 11270200. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2018, it's largest shareholder is daniel law with a 50% stake. Finance Advice Centre (ilkeston) Limited is a young, micro sized company, Pomanda has estimated its turnover at £250.3k with declining growth in recent years.

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Finance Advice Centre (ilkeston) Limited Health Check

Pomanda's financial health check has awarded Finance Advice Centre (Ilkeston) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £250.3k, make it smaller than the average company (£872.4k)

£250.3k - Finance Advice Centre (ilkeston) Limited

£872.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.3%)

0% - Finance Advice Centre (ilkeston) Limited

8.3% - Industry AVG

production

Production

with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)

39.5% - Finance Advice Centre (ilkeston) Limited

39.5% - Industry AVG

profitability

Profitability

an operating margin of -1.3% make it less profitable than the average company (5.8%)

-1.3% - Finance Advice Centre (ilkeston) Limited

5.8% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (15)

4 - Finance Advice Centre (ilkeston) Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.6k, the company has an equivalent pay structure (£29.6k)

£29.6k - Finance Advice Centre (ilkeston) Limited

£29.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.6k, this is less efficient (£77.3k)

£62.6k - Finance Advice Centre (ilkeston) Limited

£77.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 21 days, this is earlier than average (28 days)

21 days - Finance Advice Centre (ilkeston) Limited

28 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Finance Advice Centre (ilkeston) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Finance Advice Centre (ilkeston) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 113 weeks, this is more cash available to meet short term requirements (57 weeks)

113 weeks - Finance Advice Centre (ilkeston) Limited

57 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (38.5%)

33.8% - Finance Advice Centre (ilkeston) Limited

38.5% - Industry AVG

FINANCE ADVICE CENTRE (ILKESTON) LIMITED financials

EXPORTms excel logo

Finance Advice Centre (Ilkeston) Limited's latest turnover from March 2024 is estimated at £250.3 thousand and the company has net assets of £40.2 thousand. According to their latest financial statements, Finance Advice Centre (Ilkeston) Limited has 4 employees and maintains cash reserves of £43.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover250,310282,870280,669253,112170,857166,365
Other Income Or Grants000000
Cost Of Sales151,567167,586169,807155,537102,57499,541
Gross Profit98,743115,285110,86297,57668,28366,824
Admin Expenses102,106132,206115,85478,63325,07854,043
Operating Profit-3,363-16,921-4,99218,94343,20512,781
Interest Payable000000
Interest Receivable2,2851,943461593056
Pre-Tax Profit-1,078-14,978-4,53119,00243,23512,837
Tax000-3,610-8,215-2,439
Profit After Tax-1,078-14,978-4,53115,39235,02010,398
Dividends Paid000000
Retained Profit-1,078-14,978-4,53115,39235,02010,398
Employee Costs118,390112,889108,000101,49149,70349,637
Number Of Employees444422
EBITDA*-2,819-16,223-4,46419,64744,03113,861

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets1,6332,0921,5852,1132,4773,243
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets1,6332,0921,5852,1132,4773,243
Stock & work in progress000000
Trade Debtors14,95321,38322,81619,58116,57616,692
Group Debtors000000
Misc Debtors2702706,0212706,7706,770
Cash43,86443,20248,22174,77444,05714,983
misc current assets000000
total current assets59,08764,85577,05894,62567,40338,445
total assets60,72066,94778,64396,73869,88041,688
Bank overdraft000000
Bank loan000000
Trade Creditors 000000
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities20,18525,24722,06135,52523,98930,672
total current liabilities20,18525,24722,06135,52523,98930,672
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions310397301401471616
total long term liabilities310397301401471616
total liabilities20,49525,64422,36235,92624,46031,288
net assets40,22541,30356,28160,81245,42010,400
total shareholders funds40,22541,30356,28160,81245,42010,400
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-3,363-16,921-4,99218,94343,20512,781
Depreciation5446985287048261,080
Amortisation000000
Tax000-3,610-8,215-2,439
Stock000000
Debtors-6,430-7,1848,986-3,495-11623,462
Creditors000000
Accruals and Deferred Income-5,0623,186-13,46411,536-6,68330,672
Deferred Taxes & Provisions-8796-100-70-145616
Cash flow from operations-1,538-5,757-27,01430,99829,10419,248
Investing Activities
capital expenditure-85-1,2050-340-60-4,323
Change in Investments000000
cash flow from investments-85-1,2050-340-60-4,323
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000002
interest2,2851,943461593056
cash flow from financing2,2851,943461593058
cash and cash equivalents
cash662-5,019-26,55330,71729,07414,983
overdraft000000
change in cash662-5,019-26,55330,71729,07414,983

finance advice centre (ilkeston) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Finance Advice Centre (ilkeston) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for finance advice centre (ilkeston) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in DE7 area or any other competitors across 12 key performance metrics.

finance advice centre (ilkeston) limited Ownership

FINANCE ADVICE CENTRE (ILKESTON) LIMITED group structure

Finance Advice Centre (Ilkeston) Limited has no subsidiary companies.

Ultimate parent company

FINANCE ADVICE CENTRE (ILKESTON) LIMITED

11270200

FINANCE ADVICE CENTRE (ILKESTON) LIMITED Shareholders

daniel law 50%
david smit 50%

finance advice centre (ilkeston) limited directors

Finance Advice Centre (Ilkeston) Limited currently has 2 directors. The longest serving directors include Mr Daniel Law (Mar 2018) and Mr David Smit (Mar 2018).

officercountryagestartendrole
Mr Daniel Law48 years Mar 2018- Director
Mr David SmitEngland48 years Mar 2018- Director

P&L

March 2024

turnover

250.3k

-12%

operating profit

-3.4k

0%

gross margin

39.5%

-3.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

40.2k

-0.03%

total assets

60.7k

-0.09%

cash

43.9k

+0.02%

net assets

Total assets minus all liabilities

finance advice centre (ilkeston) limited company details

company number

11270200

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

March 2018

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

BRANDRICK ACCOUNTANCY SERVICES LIMITED

auditor

-

address

old police station, wharncliffe road, derbyshire, DE7 5GF

Bank

-

Legal Advisor

-

finance advice centre (ilkeston) 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 finance advice centre (ilkeston) limited.

finance advice centre (ilkeston) 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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finance advice centre (ilkeston) limited Companies House Filings - See Documents

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