new model fintech limited

new model fintech limited Company Information

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YoungMicroDeclining

Company Number

12288610

Industry

Activities of financial services holding companies

 

Directors

James King

James King

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Shareholders

nmvc ft limited

Group Structure

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Contact

Registered Address

2-4 packhorse road, gerrards cross, buckinghamshire, SL9 7QE

Website

-

new model fintech limited Estimated Valuation

£84k

Pomanda estimates the enterprise value of NEW MODEL FINTECH LIMITED at £84k based on a Turnover of £90.3k and 0.93x industry multiple (adjusted for size and gross margin).

new model fintech limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEW MODEL FINTECH LIMITED at £0 based on an EBITDA of £-6.8k and a 3.18x industry multiple (adjusted for size and gross margin).

new model fintech limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NEW MODEL FINTECH LIMITED at £0 based on Net Assets of £-6.8k and 1.77x industry multiple (adjusted for liquidity).

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New Model Fintech Limited Overview

New Model Fintech Limited is a live company located in buckinghamshire, SL9 7QE with a Companies House number of 12288610. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in October 2019, it's largest shareholder is nmvc ft limited with a 100% stake. New Model Fintech Limited is a young, micro sized company, Pomanda has estimated its turnover at £90.3k with declining growth in recent years.

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New Model Fintech Limited Health Check

Pomanda's financial health check has awarded New Model Fintech Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £90.3k, make it smaller than the average company (£11.3m)

£90.3k - New Model Fintech Limited

£11.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (7.5%)

-52% - New Model Fintech Limited

7.5% - Industry AVG

production

Production

with a gross margin of 39.3%, this company has a higher cost of product (75.1%)

39.3% - New Model Fintech Limited

75.1% - Industry AVG

profitability

Profitability

an operating margin of -7.5% make it less profitable than the average company (8.2%)

-7.5% - New Model Fintech Limited

8.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (65)

1 - New Model Fintech Limited

65 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.1k, the company has an equivalent pay structure (£78.1k)

£78.1k - New Model Fintech Limited

£78.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.3k, this is less efficient (£202.9k)

£90.3k - New Model Fintech Limited

£202.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - New Model Fintech Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 45 days, this is close to average (46 days)

45 days - New Model Fintech Limited

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - New Model Fintech Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - New Model Fintech Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7464.1%, this is a higher level of debt than the average (59.4%)

7464.1% - New Model Fintech Limited

59.4% - Industry AVG

NEW MODEL FINTECH LIMITED financials

EXPORTms excel logo

New Model Fintech Limited's latest turnover from October 2023 is estimated at £90.3 thousand and the company has net assets of -£6.8 thousand. According to their latest financial statements, New Model Fintech Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020
Turnover90,29700800,783
Other Income Or Grants0000
Cost Of Sales54,83300479,530
Gross Profit35,46400321,253
Admin Expenses42,2390555,000-363,932
Operating Profit-6,7750-555,000685,185
Interest Payable0000
Interest Receivable0000
Pre-Tax Profit-6,7750-555,000685,185
Tax000-130,185
Profit After Tax-6,7750-555,000555,000
Dividends Paid0000
Retained Profit-6,7750-555,000555,000
Employee Costs78,14200141,617
Number Of Employees1002
EBITDA*-6,7750-555,000685,185

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020
Tangible Assets0000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets0000
Stock & work in progress0000
Trade Debtors000555,000
Group Debtors0000
Misc Debtors92000
Cash0000
misc current assets0000
total current assets9200555,000
total assets9200555,000
Bank overdraft0000
Bank loan0000
Trade Creditors 6,867000
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities0000
total current liabilities6,867000
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities6,867000
net assets-6,77500555,000
total shareholders funds-6,77500555,000
Oct 2023Oct 2022Oct 2021Oct 2020
Operating Activities
Operating Profit-6,7750-555,000685,185
Depreciation0000
Amortisation0000
Tax000-130,185
Stock0000
Debtors920-555,000555,000
Creditors6,867000
Accruals and Deferred Income0000
Deferred Taxes & Provisions0000
Cash flow from operations0000
Investing Activities
capital expenditure0000
Change in Investments0000
cash flow from investments0000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0000
interest0000
cash flow from financing0000
cash and cash equivalents
cash0000
overdraft0000
change in cash0000

new model fintech 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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New Model Fintech Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for new model fintech limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in SL9 area or any other competitors across 12 key performance metrics.

new model fintech limited Ownership

NEW MODEL FINTECH LIMITED group structure

New Model Fintech Limited has 1 subsidiary company.

Ultimate parent company

1 parent

NEW MODEL FINTECH LIMITED

12288610

1 subsidiary

NEW MODEL FINTECH LIMITED Shareholders

nmvc ft limited 100%

new model fintech limited directors

New Model Fintech Limited currently has 6 directors. The longest serving directors include Mr James King (Oct 2019) and Mr James King (Oct 2019).

officercountryagestartendrole
Mr James KingUnited Kingdom39 years Oct 2019- Director
Mr James KingUnited Kingdom39 years Oct 2019- Director
Mr Richard CornerEngland59 years Jul 2020- Director
Mr Mark HaningtonEngland40 years Jul 2020- Director
Mr Jonathan ElyEngland56 years Jul 2020- Director
Mr Stephen KellyEngland58 years Jul 2020- Director

P&L

October 2023

turnover

90.3k

0%

operating profit

-6.8k

0%

gross margin

39.3%

0%

turnover

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

Balance Sheet

October 2023

net assets

-6.8k

0%

total assets

92

0%

cash

0

0%

net assets

Total assets minus all liabilities

new model fintech limited company details

company number

12288610

Type

Private limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

October 2019

age

5

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

2-4 packhorse road, gerrards cross, buckinghamshire, SL9 7QE

Bank

-

Legal Advisor

-

new model fintech 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 new model fintech limited.

new model fintech 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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new model fintech limited Companies House Filings - See Documents

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