p1 finance plc
p1 finance plc Company Information
Company Number
12587327
Website
-Registered Address
ground floor, 45 pall mall, london, SW1Y 5JG
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
truva share trustee limited 100%
p1 finance plc Estimated Valuation
Pomanda estimates the enterprise value of P1 FINANCE PLC at £329.6k based on a Turnover of £979.3k and 0.34x industry multiple (adjusted for size and gross margin).
p1 finance plc Estimated Valuation
Pomanda estimates the enterprise value of P1 FINANCE PLC at £0 based on an EBITDA of £-625 and a 2.65x industry multiple (adjusted for size and gross margin).
p1 finance plc Estimated Valuation
Pomanda estimates the enterprise value of P1 FINANCE PLC at £25.1k based on Net Assets of £48.1k and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
P1 Finance Plc Overview
P1 Finance Plc is a live company located in london, SW1Y 5JG with a Companies House number of 12587327. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2020, it's largest shareholder is truva share trustee limited with a 100% stake. P1 Finance Plc is a startup, small sized company, Pomanda has estimated its turnover at £979.3k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
P1 Finance Plc Health Check
Pomanda's financial health check has awarded P1 Finance Plc a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
7 Weak
Size
annual sales of £979.3k, make it smaller than the average company (£2.8m)
£979.3k - P1 Finance Plc
£2.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- P1 Finance Plc
- - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (36.3%)
8.5% - P1 Finance Plc
36.3% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.7%)
-0.1% - P1 Finance Plc
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (19)
4 - P1 Finance Plc
19 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - P1 Finance Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £244.8k, this is more efficient (£132.8k)
£244.8k - P1 Finance Plc
£132.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - P1 Finance Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (33 days)
20 days - P1 Finance Plc
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - P1 Finance Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (30 weeks)
3 weeks - P1 Finance Plc
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (58.5%)
99.6% - P1 Finance Plc
58.5% - Industry AVG
P1 FINANCE PLC financials
P1 Finance Plc's latest turnover from January 2024 is £979.3 thousand and the company has net assets of £48.1 thousand. According to their latest financial statements, P1 Finance Plc has 4 employees and maintains cash reserves of £164.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Turnover | 979,335 | 649,924 | 119,508 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 896,319 | 545,222 | 109,405 | 0 |
| Gross Profit | 83,016 | 104,702 | 10,103 | 0 |
| Admin Expenses | 83,641 | 105,326 | 10,728 | 0 |
| Operating Profit | -625 | -624 | -625 | 0 |
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -625 | -624 | -625 | 0 |
| Tax | 0 | 0 | 0 | 0 |
| Profit After Tax | -625 | -624 | -625 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -625 | -624 | -625 | 0 |
| Employee Costs | 0 | 0 | 0 | 0 |
| Number Of Employees | 4 | 3 | ||
| EBITDA* | -625 | -624 | -625 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 9,529,628 | 9,325,552 | 2,982,753 | 0 |
| Total Fixed Assets | 9,529,628 | 9,325,552 | 2,982,753 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,386,268 | 1,444,744 | 174,043 | 37,500 |
| Cash | 164,599 | 279,433 | 106,586 | 12,500 |
| misc current assets | 1,765 | 0 | 0 | 0 |
| total current assets | 2,552,632 | 1,724,177 | 280,629 | 50,000 |
| total assets | 12,082,260 | 11,049,729 | 3,263,382 | 50,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 50,128 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,390,759 | 1,407,731 | 135,925 | 0 |
| total current liabilities | 2,440,887 | 1,407,731 | 135,925 | 0 |
| loans | 9,555,747 | 9,555,747 | 3,040,582 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 37,500 | 37,500 | 37,500 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 9,593,247 | 9,593,247 | 3,078,082 | 0 |
| total liabilities | 12,034,134 | 11,000,978 | 3,214,007 | 0 |
| net assets | 48,126 | 48,751 | 49,375 | 50,000 |
| total shareholders funds | 48,126 | 48,751 | 49,375 | 50,000 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -625 | -624 | -625 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 1,145,600 | 7,613,500 | 3,119,296 | 37,500 |
| Creditors | 50,128 | 0 | 0 | 0 |
| Accruals and Deferred Income | 983,028 | 1,271,806 | 135,925 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -113,069 | -6,342,318 | -2,983,996 | -37,500 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 6,515,165 | 3,040,582 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 37,500 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 6,515,165 | 3,078,082 | 50,000 |
| cash and cash equivalents | ||||
| cash | -114,834 | 172,847 | 94,086 | 12,500 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -114,834 | 172,847 | 94,086 | 12,500 |
p1 finance plc Credit Report and Business Information
P1 Finance Plc Competitor Analysis
Perform a competitor analysis for p1 finance plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
p1 finance plc Ownership
P1 FINANCE PLC group structure
P1 Finance Plc has no subsidiary companies.
p1 finance plc directors
P1 Finance Plc currently has 2 directors. The longest serving directors include Mr Kevin Haines (May 2020) and Mr David Davies (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Haines | England | 65 years | May 2020 | - | Director |
| Mr David Davies | England | 73 years | Apr 2024 | - | Director |
P&L
January 2024turnover
979.3k
+51%
operating profit
-625
0%
gross margin
8.5%
-47.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
48.1k
-0.01%
total assets
12.1m
+0.09%
cash
164.6k
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
p1 finance plc company details
company number
12587327
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2020
age
4
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2024
address
ground floor, 45 pall mall, london, SW1Y 5JG
accountant
-
auditor
HILLIER HOPKINS LLP
p1 finance plc 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 found 1 charges/mortgages relating to p1 finance plc. Currently there are 1 open charges and 0 have been satisfied in the past.
p1 finance plc Companies House Filings - See Documents
| date | description | view/download |
|---|
