Pomanda estimates the enterprise value of ESSENCE FINANCE LIMITED at £76.6k based on a Turnover of £94.1k and 0.81x industry multiple (adjusted for size and gross margin).
essence finance limitedEstimated Valuation
£70.8k
Pomanda estimates the enterprise value of ESSENCE FINANCE LIMITED at £70.8k based on an EBITDA of £20.6k and a 3.44x industry multiple (adjusted for size and gross margin).
essence finance limitedEstimated Valuation
£105.3k
Pomanda estimates the enterprise value of ESSENCE FINANCE LIMITED at £105.3k based on Net Assets of £29.2k and 3.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Essence Finance LimitedOverview
Essence Finance Limited is a live company located in london, E1 5NF with a Companies House number of 13061608. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in December 2020, it's largest shareholder is
ali hussain
with a 100% stake. Essence Finance Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£94.1k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Essence Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
5 Weak
Size
annual sales of £94.1k, make it smaller than the average company (£5.9m)
£94.1k - Essence Finance Limited
£5.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Essence Finance Limited
- - Industry AVG
Production
with a gross margin of 7.6%, this company has a higher cost of product (33.1%)
7.6% - Essence Finance Limited
33.1% - Industry AVG
Profitability
an operating margin of 21.9% make it more profitable than the average company (12.2%)
21.9% - Essence Finance Limited
12.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Essence Finance Limited
11 - Industry AVG
Pay Structure
on an average salary of £52.2k, the company has an equivalent pay structure (£52.2k)
£52.2k - Essence Finance Limited
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £47.1k, this is less efficient (£216.7k)
£47.1k - Essence Finance Limited
£216.7k - Industry AVG
Debtor Days
it gets paid by customers after 133 days, this is later than average (19 days)
133 days - Essence Finance Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is slower than average (11 days)
22 days - Essence Finance Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Essence Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Essence Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (93.2%)
15.3% - Essence Finance Limited
93.2% - Industry AVG
ESSENCE FINANCE LIMITED financials
EXPORT
Essence Finance Limited's latest turnover from December 2023 is estimated at £94.1 thousand and the company has net assets of £29.2 thousand. According to their latest financial statements, Essence Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Turnover
94,105
41,953
36,609
Other Income Or Grants
Cost Of Sales
86,922
37,505
29,489
Gross Profit
7,182
4,449
7,120
Admin Expenses
-13,385
-1,386
-4,103
Operating Profit
20,567
5,835
11,223
Interest Payable
Interest Receivable
Pre-Tax Profit
20,567
5,835
11,223
Tax
-5,142
-1,109
-2,132
Profit After Tax
15,425
4,726
9,091
Dividends Paid
Retained Profit
15,425
4,726
9,091
Employee Costs
104,341
52,170
46,286
Number Of Employees
2
1
1
EBITDA*
20,567
5,835
11,223
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
34,508
15,837
11,799
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
34,508
15,837
11,799
total assets
34,508
15,837
11,799
Bank overdraft
Bank loan
Trade Creditors
5,266
2,020
2,708
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
5,266
2,020
2,708
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,266
2,020
2,708
net assets
29,242
13,817
9,091
total shareholders funds
29,242
13,817
9,091
Dec 2023
Dec 2022
Dec 2021
Operating Activities
Operating Profit
20,567
5,835
11,223
Depreciation
Amortisation
Tax
-5,142
-1,109
-2,132
Stock
Debtors
18,671
4,038
11,799
Creditors
3,246
-688
2,708
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
Investing Activities
capital expenditure
Change in Investments
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
essence finance limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for essence finance limited. Get real-time insights into essence finance limited's credit score, group structure and payment trends.
Perform a competitor analysis for essence finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in E 1 area or any other competitors across 12 key performance metrics.
essence finance limited Ownership
ESSENCE FINANCE LIMITED group structure
Essence Finance Limited has no subsidiary companies.
Ultimate parent company
ESSENCE FINANCE LIMITED
13061608
ESSENCE FINANCE LIMITED Shareholders
The sole shareholder of Essence Finance Limited is Ali Hussain.
ali hussain
100%
essence finance limited directors
Essence Finance Limited currently has 1 director, Mr Ali Hussain serving since Dec 2020.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
29.2k
+1.12%
total assets
34.5k
+1.18%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
essence finance limited company details
company number
13061608
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
unit m4 4 - 6 greatorex street, london, E1 5NF
Bank
-
Legal Advisor
-
essence 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 essence finance limited.
essence 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 ESSENCE FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
essence finance limitedCompanies House Filings - See Documents
