finch technical solutions ltd

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finch technical solutions ltd Company Information

Share FINCH TECHNICAL SOLUTIONS LTD

Company Number

13272252

Shareholders

apted group ltd

peter daniel finch

Group Structure

View All

Industry

Other information technology and computer service activities

 

Registered Address

26-28 kempton road, keytec 7 business park, pershore, worcestershire, WR10 2TA

finch technical solutions ltd Estimated Valuation

£169.4k

Pomanda estimates the enterprise value of FINCH TECHNICAL SOLUTIONS LTD at £169.4k based on a Turnover of £313.4k and 0.54x industry multiple (adjusted for size and gross margin).

finch technical solutions ltd Estimated Valuation

£95k

Pomanda estimates the enterprise value of FINCH TECHNICAL SOLUTIONS LTD at £95k based on an EBITDA of £25.7k and a 3.69x industry multiple (adjusted for size and gross margin).

finch technical solutions ltd Estimated Valuation

£77.6k

Pomanda estimates the enterprise value of FINCH TECHNICAL SOLUTIONS LTD at £77.6k based on Net Assets of £34.3k and 2.26x industry multiple (adjusted for liquidity).

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Finch Technical Solutions Ltd Overview

Finch Technical Solutions Ltd is a live company located in pershore, WR10 2TA with a Companies House number of 13272252. It operates in the other information technology service activities sector, SIC Code 62090. Founded in March 2021, it's largest shareholder is apted group ltd with a 80% stake. Finch Technical Solutions Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £313.4k with unknown growth in recent years.

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Finch Technical Solutions Ltd Health Check

Pomanda's financial health check has awarded Finch Technical Solutions Ltd a 3.5 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 Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £313.4k, make it smaller than the average company (£7.5m)

£313.4k - Finch Technical Solutions Ltd

£7.5m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Finch Technical Solutions Ltd

- - Industry AVG

production

Production

with a gross margin of 24.3%, this company has a higher cost of product (48.1%)

24.3% - Finch Technical Solutions Ltd

48.1% - Industry AVG

profitability

Profitability

an operating margin of 8% make it more profitable than the average company (4%)

8% - Finch Technical Solutions Ltd

4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (42)

5 - Finch Technical Solutions Ltd

42 - Industry AVG

paystructure

Pay Structure

on an average salary of £72.2k, the company has an equivalent pay structure (£72.2k)

£72.2k - Finch Technical Solutions Ltd

£72.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.7k, this is less efficient (£177.1k)

£62.7k - Finch Technical Solutions Ltd

£177.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (51 days)

73 days - Finch Technical Solutions Ltd

51 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (35 days)

69 days - Finch Technical Solutions Ltd

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Finch Technical Solutions Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (14 weeks)

17 weeks - Finch Technical Solutions Ltd

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.7%, this is a similar level of debt than the average (62.8%)

56.7% - Finch Technical Solutions Ltd

62.8% - Industry AVG

FINCH TECHNICAL SOLUTIONS LTD financials

EXPORTms excel logo

Finch Technical Solutions Ltd's latest turnover from March 2024 is estimated at £313.4 thousand and the company has net assets of £34.3 thousand. According to their latest financial statements, Finch Technical Solutions Ltd has 5 employees and maintains cash reserves of £15.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022
Turnover313,412261,309166,830
Other Income Or Grants
Cost Of Sales237,227195,151124,437
Gross Profit76,18566,15842,393
Admin Expenses51,05744,32345,403
Operating Profit25,12821,835-3,010
Interest Payable
Interest Receivable59729825
Pre-Tax Profit25,72522,132-2,985
Tax-6,431-4,205
Profit After Tax19,29417,927-2,985
Dividends Paid
Retained Profit19,29417,927-2,985
Employee Costs361,111277,214131,953
Number Of Employees542
EBITDA*25,73722,443-2,864

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022
Tangible Assets1,0711,6802,288
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,0711,6802,288
Stock & work in progress1,51839,493
Trade Debtors62,91165,68339,129
Group Debtors
Misc Debtors
Cash15,2927,4666,535
misc current assets
total current assets78,20374,66785,157
total assets79,27476,34787,445
Bank overdraft
Bank loan
Trade Creditors 44,93861,30590,330
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities44,93861,30590,330
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities44,93861,30590,330
net assets34,33615,042-2,885
total shareholders funds34,33615,042-2,885
Mar 2024Mar 2023Mar 2022
Operating Activities
Operating Profit25,12821,835-3,010
Depreciation609608146
Amortisation
Tax-6,431-4,205
Stock-1,518-37,97539,493
Debtors-2,77226,55439,129
Creditors-16,367-29,02590,330
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations7,2296348,844
Investing Activities
capital expenditure-2,434
Change in Investments
cash flow from investments-2,434
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest59729825
cash flow from financing597298125
cash and cash equivalents
cash7,8269316,535
overdraft
change in cash7,8269316,535

finch technical solutions ltd 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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Finch Technical Solutions Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for finch technical solutions ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WR10 area or any other competitors across 12 key performance metrics.

finch technical solutions ltd Ownership

FINCH TECHNICAL SOLUTIONS LTD group structure

Finch Technical Solutions Ltd has no subsidiary companies.

Ultimate parent company

1 parent

FINCH TECHNICAL SOLUTIONS LTD

13272252

FINCH TECHNICAL SOLUTIONS LTD Shareholders

apted group ltd 80%
peter daniel finch 20%

finch technical solutions ltd directors

Finch Technical Solutions Ltd currently has 3 directors. The longest serving directors include Mr Raymond Apted (Mar 2021) and Mr Raymond Apted (Mar 2021).

officercountryagestartendrole
Mr Raymond AptedEngland76 years Mar 2021- Director
Mr Raymond AptedEngland76 years Mar 2021- Director
Mr Peter FinchUnited Kingdom44 years Mar 2021- Director

P&L

March 2024

turnover

313.4k

+20%

operating profit

25.1k

0%

gross margin

24.4%

-3.99%

turnover

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

Balance Sheet

March 2024

net assets

34.3k

+1.28%

total assets

79.3k

+0.04%

cash

15.3k

+1.05%

net assets

Total assets minus all liabilities

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finch technical solutions ltd company details

company number

13272252

Type

Private limited with Share Capital

industry

62090 - Other information technology and computer service activities

incorporation date

March 2021

age

4

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

26-28 kempton road, keytec 7 business park, pershore, worcestershire, WR10 2TA

Bank

-

Legal Advisor

-

finch technical solutions ltd 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 finch technical solutions ltd.

finch technical solutions ltd 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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finch technical solutions ltd Companies House Filings - See Documents

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