Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
3rd floor the senate, southernhay gardens, exeter, EX1 1UG
Website
-
exeter finance 3 limitedEstimated Valuation
£463.8k
Pomanda estimates the enterprise value of EXETER FINANCE 3 LIMITED at £463.8k based on a Turnover of £425.5k and 1.09x industry multiple (adjusted for size and gross margin).
exeter finance 3 limitedEstimated Valuation
£295.2k
Pomanda estimates the enterprise value of EXETER FINANCE 3 LIMITED at £295.2k based on an EBITDA of £71.2k and a 4.15x industry multiple (adjusted for size and gross margin).
exeter finance 3 limitedEstimated Valuation
£484.3k
Pomanda estimates the enterprise value of EXETER FINANCE 3 LIMITED at £484.3k based on Net Assets of £269k and 1.8x industry multiple (adjusted for liquidity).
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Exeter Finance 3 LimitedOverview
Exeter Finance 3 Limited is a live company located in exeter, EX1 1UG with a Companies House number of 13658390. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in October 2021, it's largest shareholder is
exeter finance group limited
with a 100% stake. Exeter Finance 3 Limited is a startup,
micro sized company, Pomanda has estimated its turnover at
£425.5k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Exeter Finance 3 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
2 Strong
5 Regular
2 Weak
Size
annual sales of £425.5k, make it smaller than the average company (£6.2m)
£425.5k - Exeter Finance 3 Limited
£6.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Exeter Finance 3 Limited
- - Industry AVG
Production
with a gross margin of 58.6%, this company has a comparable cost of product (58.6%)
58.6% - Exeter Finance 3 Limited
58.6% - Industry AVG
Profitability
an operating margin of 16.7% make it as profitable than the average company (20.9%)
16.7% - Exeter Finance 3 Limited
20.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Exeter Finance 3 Limited
6 - Industry AVG
Pay Structure
on an average salary of £65.8k, the company has an equivalent pay structure (£65.8k)
£65.8k - Exeter Finance 3 Limited
£65.8k - Industry AVG
Efficiency
resulting in sales per employee of £425.5k, this is equally as efficient (£435.2k)
£425.5k - Exeter Finance 3 Limited
£435.2k - Industry AVG
Debtor Days
it gets paid by customers after 237 days, this is near the average (237 days)
237 days - Exeter Finance 3 Limited
237 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Exeter Finance 3 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Exeter Finance 3 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 28 weeks, this is more cash available to meet short term requirements (9 weeks)
28 weeks - Exeter Finance 3 Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.5%, this is a lower level of debt than the average (88%)
6.5% - Exeter Finance 3 Limited
88% - Industry AVG
EXETER FINANCE 3 LIMITED financials
EXPORT
Exeter Finance 3 Limited's latest turnover from September 2024 is estimated at £425.5 thousand and the company has net assets of £269 thousand. According to their latest financial statements, we estimate that Exeter Finance 3 Limited has 1 employee and maintains cash reserves of £10.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2024
Sep 2023
Sep 2022
Turnover
425,488
2,851,004
675,862
Other Income Or Grants
Cost Of Sales
176,216
954,488
211,805
Gross Profit
249,272
1,896,516
464,057
Admin Expenses
178,100
1,541,104
323,690
Operating Profit
71,172
355,412
140,367
Interest Payable
54,450
121,500
48,263
Interest Receivable
4,122
4,251
84
Pre-Tax Profit
20,844
238,163
92,189
Tax
-5,211
-59,541
-17,516
Profit After Tax
15,633
178,622
74,673
Dividends Paid
Retained Profit
15,633
178,622
74,673
Employee Costs
65,785
562,263
136,424
Number Of Employees
1
8
2
EBITDA*
71,172
355,412
140,367
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2024
Sep 2023
Sep 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
277,321
1,734,986
Group Debtors
Misc Debtors
2,442,629
Cash
10,425
154,444
7,496
misc current assets
total current assets
287,746
1,889,430
2,450,125
total assets
287,746
1,889,430
2,450,125
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
13,457
593,457
1,183,097
other short term finances
990,000
hp & lease commitments
other current liabilities
5,261
52,578
22,255
total current liabilities
18,718
1,636,035
1,205,352
loans
1,170,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
1,170,000
total liabilities
18,718
1,636,035
2,375,352
net assets
269,028
253,395
74,773
total shareholders funds
269,028
253,395
74,773
Sep 2024
Sep 2023
Sep 2022
Operating Activities
Operating Profit
71,172
355,412
140,367
Depreciation
Amortisation
Tax
-5,211
-59,541
-17,516
Stock
Debtors
-1,457,665
-707,643
2,442,629
Creditors
Accruals and Deferred Income
-47,317
30,323
22,255
Deferred Taxes & Provisions
Cash flow from operations
1,476,309
1,033,837
-2,297,523
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-580,000
-589,640
1,183,097
Other Short Term Loans
-990,000
990,000
Long term loans
-1,170,000
1,170,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-50,328
-117,249
-48,179
cash flow from financing
-1,620,328
-886,889
2,305,018
cash and cash equivalents
cash
-144,019
146,948
7,496
overdraft
change in cash
-144,019
146,948
7,496
exeter finance 3 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 exeter finance 3 limited. Get real-time insights into exeter finance 3 limited's credit score, group structure and payment trends.
Perform a competitor analysis for exeter finance 3 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EX1 area or any other competitors across 12 key performance metrics.
exeter finance 3 limited Ownership
EXETER FINANCE 3 LIMITED group structure
Exeter Finance 3 Limited has no subsidiary companies.
The sole shareholder of Exeter Finance 3 Limited is Exeter Finance Group Limited.
exeter finance group limited
100%
exeter finance 3 limited directors
Exeter Finance 3 Limited currently has 2 directors.
The longest serving directors include
Mr Christopher Hall (Oct 2021) and
Mr Peter Keech (Oct 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024
net assets
269k
+0.06%
total assets
287.7k
-0.85%
cash
10.4k
-0.93%
net assets
Total assets minus all liabilities
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exeter finance 3 limited company details
company number
13658390
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
3rd floor the senate, southernhay gardens, exeter, EX1 1UG
Bank
-
Legal Advisor
-
exeter finance 3 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 found 4 charges/mortgages relating to exeter finance 3 limited. Currently there are 0 open charges and 4 have been satisfied in the past.
exeter finance 3 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 EXETER FINANCE 3 LIMITED. This can take several minutes, an email will notify you when this has completed.
exeter finance 3 limitedCompanies House Filings - See Documents
