astute finance limited
astute finance limited Company Information
Company Number
11334616
Website
www.astutefinancial.co.nzRegistered Address
c/o burton varley ltd, suite 3, 2nd floor, didsbury hou, manchester, M20 2DW
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Wesley Ashcroft-Batty2 Years
Shareholders
wesley lewis ashcroft-batty 100%
astute finance limited Estimated Valuation
Pomanda estimates the enterprise value of ASTUTE FINANCE LIMITED at £1.2m based on a Turnover of £1.2m and 0.93x industry multiple (adjusted for size and gross margin).
astute finance limited Estimated Valuation
Pomanda estimates the enterprise value of ASTUTE FINANCE LIMITED at £152.3k based on an EBITDA of £40.7k and a 3.74x industry multiple (adjusted for size and gross margin).
astute finance limited Estimated Valuation
Pomanda estimates the enterprise value of ASTUTE FINANCE LIMITED at £354.9k based on Net Assets of £176.8k and 2.01x industry multiple (adjusted for liquidity).
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Astute Finance Limited Overview
Astute Finance Limited is a live company located in manchester, M20 2DW with a Companies House number of 11334616. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2018, it's largest shareholder is wesley lewis ashcroft-batty with a 100% stake. Astute Finance Limited is a young, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Astute Finance Limited Health Check
Pomanda's financial health check has awarded Astute Finance Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£4.2m)
- Astute Finance Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.9%)
- Astute Finance Limited
3.9% - Industry AVG
Production
with a gross margin of 21.4%, this company has a higher cost of product (61%)
- Astute Finance Limited
61% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (10.6%)
- Astute Finance Limited
10.6% - Industry AVG
Employees
with 23 employees, this is above the industry average (13)
23 - Astute Finance Limited
13 - Industry AVG
Pay Structure
on an average salary of £72.7k, the company has an equivalent pay structure (£72.7k)
- Astute Finance Limited
£72.7k - Industry AVG
Efficiency
resulting in sales per employee of £53.8k, this is less efficient (£205.6k)
- Astute Finance Limited
£205.6k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (31 days)
- Astute Finance Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (37 days)
- Astute Finance Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Astute Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 103 weeks, this is more cash available to meet short term requirements (38 weeks)
103 weeks - Astute Finance Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.3%, this is a lower level of debt than the average (57.3%)
44.3% - Astute Finance Limited
57.3% - Industry AVG
ASTUTE FINANCE LIMITED financials
Astute Finance Limited's latest turnover from April 2023 is estimated at £1.2 million and the company has net assets of £176.8 thousand. According to their latest financial statements, Astute Finance Limited has 23 employees and maintains cash reserves of £225.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 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 | 23 | 14 | 16 | 16 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 23,983 | 23,987 | 18,822 | 24,153 | 1 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 250 | 250 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,233 | 24,237 | 18,822 | 24,153 | 1 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 67,829 | 96,708 | 82,438 | 80,053 | 119 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 225,155 | 158,003 | 150,513 | 175,257 | 123,991 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 292,984 | 254,711 | 232,951 | 255,310 | 124,110 |
| total assets | 317,217 | 278,948 | 251,773 | 279,463 | 124,111 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 112,581 | 95,445 | 137,247 | 145,656 | 65,663 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 112,581 | 95,445 | 137,247 | 145,656 | 65,663 |
| 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 | 26,409 | 34,449 | 50,000 | 0 | 0 |
| provisions | 1,386 | 1,213 | 1,696 | 1,226 | 2,262 |
| total long term liabilities | 27,795 | 35,662 | 51,696 | 1,226 | 2,262 |
| total liabilities | 140,376 | 131,107 | 188,943 | 146,882 | 67,925 |
| net assets | 176,841 | 147,841 | 62,830 | 132,581 | 56,186 |
| total shareholders funds | 176,841 | 147,841 | 62,830 | 132,581 | 56,186 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 10,154 | 9,519 | 9,027 | 4,482 | 1 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -28,879 | 14,270 | 2,385 | 79,934 | 119 |
| Creditors | 17,136 | -41,802 | -8,409 | 79,993 | 65,663 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 173 | -483 | 470 | -1,036 | 2,262 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 250 | 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 | -8,040 | -15,551 | 50,000 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 67,152 | 7,490 | -24,744 | 51,266 | 123,991 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 67,152 | 7,490 | -24,744 | 51,266 | 123,991 |
astute finance limited Credit Report and Business Information
Astute Finance Limited Competitor Analysis
Perform a competitor analysis for astute finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M20 area or any other competitors across 12 key performance metrics.
astute finance limited Ownership
ASTUTE FINANCE LIMITED group structure
Astute Finance Limited has no subsidiary companies.
Ultimate parent company
ASTUTE FINANCE LIMITED
11334616
astute finance limited directors
Astute Finance Limited currently has 1 director, Mr Wesley Ashcroft-Batty serving since May 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wesley Ashcroft-Batty | United Kingdom | 41 years | May 2022 | - | Director |
P&L
April 2023turnover
1.2m
+53%
operating profit
30.5k
0%
gross margin
21.4%
-13.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
176.8k
+0.2%
total assets
317.2k
+0.14%
cash
225.2k
+0.43%
net assets
Total assets minus all liabilities
astute finance limited company details
company number
11334616
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2023
previous names
N/A
accountant
BURTON VARLEY LTD
auditor
-
address
c/o burton varley ltd, suite 3, 2nd floor, didsbury hou, manchester, M20 2DW
Bank
-
Legal Advisor
-
astute 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 astute finance limited.
astute finance limited Companies House Filings - See Documents
| date | description | view/download |
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