financial recovery technologies uk limited
financial recovery technologies uk limited Company Information
Company Number
11284563
Website
-Registered Address
suite 4, 7th floor 50 broadway, london, SW1H 0DB
Industry
Fund management activities
Telephone
-
Next Accounts Due
30 days late
Group Structure
View All
Shareholders
financial recovery technologies llc 100%
financial recovery technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED at £3.5m based on a Turnover of £3m and 1.14x industry multiple (adjusted for size and gross margin).
financial recovery technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED at £572.4k based on an EBITDA of £134.1k and a 4.27x industry multiple (adjusted for size and gross margin).
financial recovery technologies uk limited Estimated Valuation
Pomanda estimates the enterprise value of FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED at £794.1k based on Net Assets of £385.3k and 2.06x industry multiple (adjusted for liquidity).
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Financial Recovery Technologies Uk Limited Overview
Financial Recovery Technologies Uk Limited is a live company located in london, SW1H 0DB with a Companies House number of 11284563. It operates in the fund management activities sector, SIC Code 66300. Founded in March 2018, it's largest shareholder is financial recovery technologies llc with a 100% stake. Financial Recovery Technologies Uk Limited is a young, small sized company, Pomanda has estimated its turnover at £3m with healthy growth in recent years.
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Financial Recovery Technologies Uk Limited Health Check
Pomanda's financial health check has awarded Financial Recovery Technologies Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
4 Weak
Size
annual sales of £3m, make it in line with the average company (£3.3m)
- Financial Recovery Technologies Uk Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (7.4%)
- Financial Recovery Technologies Uk Limited
7.4% - Industry AVG
Production
with a gross margin of 95.6%, this company has a comparable cost of product (95.6%)
- Financial Recovery Technologies Uk Limited
95.6% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (10.8%)
- Financial Recovery Technologies Uk Limited
10.8% - Industry AVG
Employees
with 9 employees, this is similar to the industry average (10)
9 - Financial Recovery Technologies Uk Limited
10 - Industry AVG
Pay Structure
on an average salary of £168.8k, the company has an equivalent pay structure (£168.8k)
- Financial Recovery Technologies Uk Limited
£168.8k - Industry AVG
Efficiency
resulting in sales per employee of £337.2k, this is equally as efficient (£363.3k)
- Financial Recovery Technologies Uk Limited
£363.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Financial Recovery Technologies Uk Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (51 days)
- Financial Recovery Technologies Uk Limited
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Financial Recovery Technologies Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (49 weeks)
8 weeks - Financial Recovery Technologies Uk Limited
49 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.1%, this is a higher level of debt than the average (41.7%)
51.1% - Financial Recovery Technologies Uk Limited
41.7% - Industry AVG
FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED financials
Financial Recovery Technologies Uk Limited's latest turnover from December 2022 is estimated at £3 million and the company has net assets of £385.3 thousand. According to their latest financial statements, Financial Recovery Technologies Uk Limited has 9 employees and maintains cash reserves of £66.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| 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 | 9 | 8 | 7 | 7 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 357 | 1,782 | 3,208 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 357 | 1,782 | 3,208 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 694,855 | 456,856 | 331,773 | 181,609 | 90,200 |
| Misc Debtors | 26,247 | 17,275 | 16,851 | 23,013 | 8,139 |
| Cash | 66,203 | 128,856 | 66,655 | 76,466 | 56,303 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 787,305 | 602,987 | 415,279 | 281,088 | 154,642 |
| total assets | 787,305 | 602,987 | 415,636 | 282,870 | 157,850 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 325 | 11,257 | 2,381 | 3,337 | 3,061 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 401,678 | 317,781 | 236,964 | 170,738 | 106,952 |
| total current liabilities | 402,003 | 329,038 | 239,345 | 174,075 | 110,013 |
| 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 | 73 | 73 | 418 |
| total long term liabilities | 0 | 0 | 73 | 73 | 418 |
| total liabilities | 402,003 | 329,038 | 239,418 | 174,148 | 110,431 |
| net assets | 385,302 | 273,949 | 176,218 | 108,722 | 47,419 |
| total shareholders funds | 385,302 | 273,949 | 176,218 | 108,722 | 47,419 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 357 | 1,425 | 1,426 | 1,069 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 246,971 | 125,507 | 144,002 | 106,283 | 98,339 |
| Creditors | -10,932 | 8,876 | -956 | 276 | 3,061 |
| Accruals and Deferred Income | 83,897 | 80,817 | 66,226 | 63,786 | 106,952 |
| Deferred Taxes & Provisions | 0 | -73 | 0 | -345 | 418 |
| 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 | 0 | 0 | 0 | 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 | -62,653 | 62,201 | -9,811 | 20,163 | 56,303 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -62,653 | 62,201 | -9,811 | 20,163 | 56,303 |
financial recovery technologies uk limited Credit Report and Business Information
Financial Recovery Technologies Uk Limited Competitor Analysis
Perform a competitor analysis for financial recovery technologies uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SW1H area or any other competitors across 12 key performance metrics.
financial recovery technologies uk limited Ownership
FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED group structure
Financial Recovery Technologies Uk Limited has no subsidiary companies.
Ultimate parent company
FINANCIAL RECOVERY TECHNOLOGIES UK LIMITED
11284563
financial recovery technologies uk limited directors
Financial Recovery Technologies Uk Limited currently has 2 directors. The longest serving directors include Mr Jeffrey Wolk (Mar 2018) and Mr Sidney Wolk (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Wolk | United States | 58 years | Mar 2018 | - | Director |
| Mr Sidney Wolk | United States | 89 years | Mar 2018 | - | Director |
P&L
December 2022turnover
3m
+20%
operating profit
134.1k
0%
gross margin
95.6%
+0.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
385.3k
+0.41%
total assets
787.3k
+0.31%
cash
66.2k
-0.49%
net assets
Total assets minus all liabilities
financial recovery technologies uk limited company details
company number
11284563
Type
Private limited with Share Capital
industry
66300 - Fund management activities
incorporation date
March 2018
age
6
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
NORTONS ASSURANCE LIMITED
auditor
-
address
suite 4, 7th floor 50 broadway, london, SW1H 0DB
Bank
-
Legal Advisor
-
financial recovery technologies uk 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 financial recovery technologies uk limited.
financial recovery technologies uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
