
Group Structure
View All
Industry
Activities of mortgage finance companies
Registered Address
albert house albert drive, gateshead, NE9 6EH
Website
-Pomanda estimates the enterprise value of PLACES FS LTD at £109 based on a Turnover of £152 and 0.72x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PLACES FS LTD at £403 based on an EBITDA of £133 and a 3.03x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of PLACES FS LTD at £360 based on Net Assets of £100 and 3.6x industry multiple (adjusted for liquidity).
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Places Fs Ltd is a live company located in gateshead, NE9 6EH with a Companies House number of 12987768. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in October 2020, it's largest shareholder is andrew craig with a 100% stake. Places Fs Ltd is a young, micro sized company, Pomanda has estimated its turnover at £152.4 with unknown growth in recent years.
Pomanda's financial health check has awarded Places Fs Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £152.4, make it smaller than the average company (£7.1m)
- Places Fs Ltd
£7.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Places Fs Ltd
- - Industry AVG
Production
with a gross margin of 4.3%, this company has a higher cost of product (25.7%)
- Places Fs Ltd
25.7% - Industry AVG
Profitability
an operating margin of 87.5% make it more profitable than the average company (7.9%)
- Places Fs Ltd
7.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
- Places Fs Ltd
8 - Industry AVG
Pay Structure
on an average salary of £54.6k, the company has an equivalent pay structure (£54.6k)
- Places Fs Ltd
£54.6k - Industry AVG
Efficiency
resulting in sales per employee of £152.4, this is less efficient (£286.3k)
- Places Fs Ltd
£286.3k - Industry AVG
Debtor Days
it gets paid by customers after 239 days, this is later than average (24 days)
- Places Fs Ltd
24 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Places Fs Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Places Fs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Places Fs Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Places Fs Ltd
- - Industry AVG
Places Fs Ltd's latest turnover from October 2024 is estimated at £152 and the company has net assets of £100. According to their latest financial statements, we estimate that Places Fs Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | |
---|---|---|---|---|
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 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | |
---|---|---|---|---|
Tangible Assets | ||||
Intangible Assets | ||||
Investments & Other | 100 | 100 | 100 | |
Debtors (Due After 1 year) | ||||
Total Fixed Assets | 100 | 100 | 100 | |
Stock & work in progress | ||||
Trade Debtors | 100 | |||
Group Debtors | ||||
Misc Debtors | ||||
Cash | ||||
misc current assets | ||||
total current assets | 100 | |||
total assets | 100 | 100 | 100 | 100 |
Bank overdraft | ||||
Bank loan | ||||
Trade Creditors | ||||
Group/Directors Accounts | ||||
other short term finances | ||||
hp & lease commitments | ||||
other current liabilities | ||||
total current liabilities | ||||
loans | ||||
hp & lease commitments | ||||
Accruals and Deferred Income | ||||
other liabilities | ||||
provisions | ||||
total long term liabilities | ||||
total liabilities | ||||
net assets | 100 | 100 | 100 | 100 |
total shareholders funds | 100 | 100 | 100 | 100 |
Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | |
---|---|---|---|---|
Operating Activities | ||||
Operating Profit | ||||
Depreciation | ||||
Amortisation | ||||
Tax | ||||
Stock | ||||
Debtors | 100 | |||
Creditors | ||||
Accruals and Deferred Income | ||||
Deferred Taxes & Provisions | ||||
Cash flow from operations | ||||
Investing Activities | ||||
capital expenditure | ||||
Change in Investments | -100 | 100 | ||
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 | ||||
share issue | ||||
interest | ||||
cash flow from financing | ||||
cash and cash equivalents | ||||
cash | ||||
overdraft | ||||
change in cash |
Perform a competitor analysis for places fs ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NE9 area or any other competitors across 12 key performance metrics.
PLACES FS LTD group structure
Places Fs Ltd has no subsidiary companies.
Ultimate parent company
PLACES FS LTD
12987768
Places Fs Ltd currently has 1 director, Mr Andrew Craig serving since Oct 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Andrew Craig | United Kingdom | 70 years | Oct 2020 | - | Director |
P&L
October 2024turnover
152.4
0%
operating profit
133.3
0%
gross margin
4.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2024net assets
100
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
company number
12987768
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2024
previous names
N/A
accountant
PETER WELDON & CO LTD
auditor
-
address
albert house albert drive, gateshead, NE9 6EH
Bank
-
Legal Advisor
-
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 places fs ltd.
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 PLACES FS LTD. This can take several minutes, an email will notify you when this has completed.
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