if finance limited
if finance limited Company Information
Company Number
11974281
Next Accounts
27 days late
Shareholders
alessio marinelli
max mortimer
View AllGroup Structure
View All
Industry
Financial management
Registered Address
128 city road, london, EC1V 2NX
Website
abcfinance.co.ukif finance limited Estimated Valuation
Pomanda estimates the enterprise value of IF FINANCE LIMITED at £11.8k based on a Turnover of £24k and 0.49x industry multiple (adjusted for size and gross margin).
if finance limited Estimated Valuation
Pomanda estimates the enterprise value of IF FINANCE LIMITED at £0 based on an EBITDA of £0 and a 3.79x industry multiple (adjusted for size and gross margin).
if finance limited Estimated Valuation
Pomanda estimates the enterprise value of IF FINANCE LIMITED at £0 based on Net Assets of £-177.5k and 3.51x industry multiple (adjusted for liquidity).
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If Finance Limited Overview
If Finance Limited is a live company located in london, EC1V 2NX with a Companies House number of 11974281. It operates in the financial management sector, SIC Code 70221. Founded in May 2019, it's largest shareholder is alessio marinelli with a 28.3% stake. If Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £24k with declining growth in recent years.
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If Finance Limited Health Check
Pomanda's financial health check has awarded If Finance Limited a 1.5 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
1 Regular
6 Weak
Size
annual sales of £24k, make it smaller than the average company (£700k)
- If Finance Limited
£700k - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (8.9%)
- If Finance Limited
8.9% - Industry AVG
Production
with a gross margin of 35%, this company has a higher cost of product (80.4%)
- If Finance Limited
80.4% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- If Finance Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- If Finance Limited
5 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- If Finance Limited
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £24k, this is less efficient (£141.7k)
- If Finance Limited
£141.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (69 days)
- If Finance Limited
69 days - Industry AVG
Creditor Days
its suppliers are paid after 4164 days, this is slower than average (47 days)
- If Finance Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- If Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - If Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81502.3%, this is a higher level of debt than the average (47.5%)
81502.3% - If Finance Limited
47.5% - Industry AVG
IF FINANCE LIMITED financials
If Finance Limited's latest turnover from May 2023 is estimated at £24 thousand and the company has net assets of -£177.5 thousand. According to their latest financial statements, we estimate that If Finance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 178 | 178 | 178 | |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 178 | 178 | 178 | |
| Stock & work in progress | ||||
| Trade Debtors | 40 | 40 | 64 | 761,056 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 40 | 40 | 64 | 761,056 |
| total assets | 218 | 218 | 242 | 761,056 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 177,675 | 177,675 | 193,650 | 735,707 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 177,675 | 177,675 | 193,650 | 735,707 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 150,000 | |||
| provisions | ||||
| total long term liabilities | 150,000 | |||
| total liabilities | 177,675 | 177,675 | 193,650 | 885,707 |
| net assets | -177,457 | -177,457 | -193,408 | -124,651 |
| total shareholders funds | -177,457 | -177,457 | -193,408 | -124,651 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | -24 | -760,992 | 761,056 | |
| Creditors | -15,975 | -542,057 | 735,707 | |
| Accruals and Deferred Income | ||||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 178 | |||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -150,000 | 150,000 | ||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
if finance limited Credit Report and Business Information
If Finance Limited Competitor Analysis
Perform a competitor analysis for if finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC1V area or any other competitors across 12 key performance metrics.
if finance limited Ownership
IF FINANCE LIMITED group structure
If Finance Limited has 8 subsidiary companies.
Ultimate parent company
IF FINANCE LIMITED
11974281
8 subsidiaries
if finance limited directors
If Finance Limited currently has 2 directors. The longest serving directors include Dr Alessio Marinelli (May 2019) and Mr Max Mortimer (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Alessio Marinelli | England | 50 years | May 2019 | - | Director |
| Mr Max Mortimer | United Kingdom | 51 years | May 2019 | - | Director |
P&L
May 2023turnover
24k
+88%
operating profit
0
0%
gross margin
35.1%
-3.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-177.5k
0%
total assets
218
0%
cash
0
0%
net assets
Total assets minus all liabilities
if finance limited company details
company number
11974281
Type
Private limited with Share Capital
industry
70221 - Financial management
incorporation date
May 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
128 city road, london, EC1V 2NX
Bank
-
Legal Advisor
-
if 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 if finance limited.
if finance 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 IF FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
if finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
