penny smith financial services ltd
penny smith financial services ltd Company Information
Company Number
11416284
Next Accounts
Mar 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
penny catherine marland
Group Structure
View All
Contact
Registered Address
29 whitegate drive, whitegate drive, blackpool, FY3 9AA
Website
-penny smith financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENNY SMITH FINANCIAL SERVICES LTD at £296.1k based on a Turnover of £331.9k and 0.89x industry multiple (adjusted for size and gross margin).
penny smith financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENNY SMITH FINANCIAL SERVICES LTD at £32.1k based on an EBITDA of £9.7k and a 3.29x industry multiple (adjusted for size and gross margin).
penny smith financial services ltd Estimated Valuation
Pomanda estimates the enterprise value of PENNY SMITH FINANCIAL SERVICES LTD at £66.6k based on Net Assets of £50.7k and 1.31x industry multiple (adjusted for liquidity).
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Penny Smith Financial Services Ltd Overview
Penny Smith Financial Services Ltd is a live company located in blackpool, FY3 9AA with a Companies House number of 11416284. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2018, it's largest shareholder is penny catherine marland with a 100% stake. Penny Smith Financial Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £331.9k with high growth in recent years.
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Penny Smith Financial Services Ltd Health Check
Pomanda's financial health check has awarded Penny Smith Financial Services Ltd a 2 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
2 Strong
2 Regular
6 Weak
Size
annual sales of £331.9k, make it smaller than the average company (£4.2m)
- Penny Smith Financial Services Ltd
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.1%)
- Penny Smith Financial Services Ltd
4.1% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (61.2%)
- Penny Smith Financial Services Ltd
61.2% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (10.2%)
- Penny Smith Financial Services Ltd
10.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (13)
4 - Penny Smith Financial Services Ltd
13 - Industry AVG
Pay Structure
on an average salary of £74.1k, the company has an equivalent pay structure (£74.1k)
- Penny Smith Financial Services Ltd
£74.1k - Industry AVG
Efficiency
resulting in sales per employee of £83k, this is less efficient (£205.6k)
- Penny Smith Financial Services Ltd
£205.6k - Industry AVG
Debtor Days
it gets paid by customers after 92 days, this is later than average (31 days)
- Penny Smith Financial Services Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (37 days)
- Penny Smith Financial Services Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Penny Smith Financial Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Penny Smith Financial Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.5%, this is a similar level of debt than the average (57.6%)
54.5% - Penny Smith Financial Services Ltd
57.6% - Industry AVG
PENNY SMITH FINANCIAL SERVICES LTD financials
Penny Smith Financial Services Ltd's latest turnover from June 2023 is estimated at £331.9 thousand and the company has net assets of £50.7 thousand. According to their latest financial statements, Penny Smith Financial Services Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 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 | 4 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 27,065 | 28,883 | 14,707 | 16,539 | 18,882 |
| 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 | 27,065 | 28,883 | 14,707 | 16,539 | 18,882 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 84,411 | 97,713 | 9,693 | 9,693 | 55,063 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 111,646 | 80,815 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 84,411 | 97,713 | 121,339 | 90,508 | 55,063 |
| total assets | 111,476 | 126,596 | 136,046 | 107,047 | 73,945 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 60,773 | 83,201 | 0 | 0 | 25,558 |
| 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 | 78,745 | 37,057 | 0 |
| total current liabilities | 60,773 | 83,201 | 78,745 | 37,057 | 25,558 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,800 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,800 |
| total liabilities | 60,773 | 83,201 | 78,745 | 37,057 | 27,358 |
| net assets | 50,703 | 43,395 | 57,301 | 69,990 | 46,587 |
| total shareholders funds | 50,703 | 43,395 | 57,301 | 69,990 | 46,587 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 1,824 | 1,832 | 1,837 | ||
| Amortisation | 0 | 0 | 0 | ||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,302 | 88,020 | 0 | -45,370 | 55,063 |
| Creditors | -22,428 | 83,201 | 0 | -25,558 | 25,558 |
| Accruals and Deferred Income | 0 | -78,745 | 41,688 | 35,257 | 1,800 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | -111,646 | 30,831 | 80,815 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -111,646 | 30,831 | 80,815 | 0 |
penny smith financial services ltd Credit Report and Business Information
Penny Smith Financial Services Ltd Competitor Analysis
Perform a competitor analysis for penny smith financial services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in FY3 area or any other competitors across 12 key performance metrics.
penny smith financial services ltd Ownership
PENNY SMITH FINANCIAL SERVICES LTD group structure
Penny Smith Financial Services Ltd has no subsidiary companies.
Ultimate parent company
PENNY SMITH FINANCIAL SERVICES LTD
11416284
penny smith financial services ltd directors
Penny Smith Financial Services Ltd currently has 2 directors. The longest serving directors include Ms Penny Marland (Jun 2018) and Mr Mark Marland (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Penny Marland | England | 53 years | Jun 2018 | - | Director |
| Mr Mark Marland | England | 54 years | Jun 2018 | - | Director |
P&L
June 2023turnover
331.9k
-3%
operating profit
9.7k
0%
gross margin
21.2%
-13.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
50.7k
+0.17%
total assets
111.5k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
penny smith financial services ltd company details
company number
11416284
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
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
SG ACCOUNTANTS
auditor
-
address
29 whitegate drive, whitegate drive, blackpool, FY3 9AA
Bank
-
Legal Advisor
-
penny smith financial services ltd 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 penny smith financial services ltd.
penny smith financial services ltd 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 PENNY SMITH FINANCIAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
penny smith financial services ltd Companies House Filings - See Documents
| date | description | view/download |
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