creation consumer finance limited

creation consumer finance limited Company Information

Share CREATION CONSUMER FINANCE LIMITED
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Company Number

NI032565

Industry

Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

 

Directors

Stephen Hunt

Ethel Paraud

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Shareholders

creation financial services limited

Group Structure

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Contact

Registered Address

wellington buildings, 6th floor, wellington buildings, belfast, BT1 6HT

creation consumer finance limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of CREATION CONSUMER FINANCE LIMITED at £1.4b based on a Turnover of £249.7m and 5.48x industry multiple (adjusted for size and gross margin).

creation consumer finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of CREATION CONSUMER FINANCE LIMITED at £0 based on an EBITDA of £-8.7m and a 20.97x industry multiple (adjusted for size and gross margin).

creation consumer finance limited Estimated Valuation

£621.7m

Pomanda estimates the enterprise value of CREATION CONSUMER FINANCE LIMITED at £621.7m based on Net Assets of £276.3m and 2.25x industry multiple (adjusted for liquidity).

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Creation Consumer Finance Limited Overview

Creation Consumer Finance Limited is a live company located in belfast, BT1 6HT with a Companies House number of NI032565. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in June 1997, it's largest shareholder is creation financial services limited with a 100% stake. Creation Consumer Finance Limited is a mature, mega sized company, Pomanda has estimated its turnover at £249.7m with healthy growth in recent years.

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Creation Consumer Finance Limited Health Check

Pomanda's financial health check has awarded Creation Consumer Finance Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £249.7m, make it larger than the average company (£15.9m)

£249.7m - Creation Consumer Finance Limited

£15.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a slower rate (16.9%)

11% - Creation Consumer Finance Limited

16.9% - Industry AVG

production

Production

with a gross margin of 54.3%, this company has a lower cost of product (16.9%)

54.3% - Creation Consumer Finance Limited

16.9% - Industry AVG

profitability

Profitability

an operating margin of -5.5% make it less profitable than the average company (4.9%)

-5.5% - Creation Consumer Finance Limited

4.9% - Industry AVG

employees

Employees

with 572 employees, this is above the industry average (15)

572 - Creation Consumer Finance Limited

15 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Creation Consumer Finance Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £436.6k, this is equally as efficient (£436.7k)

£436.6k - Creation Consumer Finance Limited

£436.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Creation Consumer Finance Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 88 days, this is quicker than average (158 days)

88 days - Creation Consumer Finance Limited

158 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (14 days)

0 days - Creation Consumer Finance Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)

0 weeks - Creation Consumer Finance Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 91%, this is a similar level of debt than the average (100%)

91% - Creation Consumer Finance Limited

100% - Industry AVG

CREATION CONSUMER FINANCE LIMITED financials

EXPORTms excel logo

Creation Consumer Finance Limited's latest turnover from December 2023 is £249.7 million and the company has net assets of £276.3 million. According to their latest financial statements, we estimate that Creation Consumer Finance Limited has 572 employees and maintains cash reserves of £424 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover249,738,000207,003,000192,615,000181,229,000171,831,000155,493,000127,785,000108,152,000107,725,000121,969,000151,264,000147,792,000128,414,00097,595,00067,493,000
Other Income Or Grants000000000000000
Cost Of Sales114,193,00027,321,00025,346,00029,565,00031,285,00028,886,00030,753,00039,021,00043,841,00038,971,41057,876,71658,449,96959,927,97344,428,8380
Gross Profit135,545,000179,682,000167,269,000151,664,000140,546,000126,607,00097,032,00069,131,00063,884,00082,997,59093,387,28489,342,03168,486,02753,166,1620
Admin Expenses149,210,766156,433,756141,632,028129,637,504117,794,38282,061,29860,359,3076,284,844-5,943,01017,190,59031,770,28424,648,03126,139,02727,356,1621,288,000
Operating Profit-13,665,76623,248,24425,636,97222,026,49622,751,61844,545,70236,672,69362,846,15669,827,01065,807,00061,617,00064,694,00042,347,00025,810,000-1,288,000
Interest Payable00000000035,292,00027,792,00025,335,00015,340,00010,369,00012,158,000
Interest Receivable00000000000122,000156,000131,000137,000
Pre-Tax Profit-16,434,00023,418,00024,756,00021,795,00023,512,00044,677,00036,765,00032,562,00026,002,00030,515,00033,825,00039,481,00027,163,00015,572,000-13,309,000
Tax2,431,000-4,606,000-4,067,000-4,254,000-5,428,000-8,760,000-7,224,000-6,755,000-5,253,000-6,459,000-7,803,000-6,878,000-5,652,000-4,335,0001,790,000
Profit After Tax-14,003,00018,812,00020,689,00017,541,00018,084,00035,917,00029,541,00025,807,00020,749,00024,056,00026,022,00032,603,00021,511,00011,237,000-11,519,000
Dividends Paid00000030,860,00050,652,0000000000
Retained Profit-14,003,00018,812,00020,689,00017,541,00018,084,00035,917,000-1,319,000-24,845,00020,749,00024,056,00026,022,00032,603,00021,511,00011,237,000-11,519,000
Employee Costs0000017,492,00016,129,00015,184,00014,012,0002,362,0004,528,0004,625,0004,859,0004,619,0004,124,000
Number Of Employees57259160268188193670176176781166180189171158
EBITDA*-8,702,76628,152,24429,924,97226,264,49625,364,61845,733,70237,802,69363,820,15670,780,01067,474,00062,527,00065,501,00043,017,00026,416,000-733,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,202,0006,599,0007,909,0009,448,00011,093,0008,271,0004,256,000103,000759,000450,0002,542,0002,685,0002,508,0001,750,0001,353,000
Intangible Assets21,118,00018,566,00015,024,00013,812,00013,493,00012,434,0007,335,0004,077,0003,099,0001,934,00000000
Investments & Other02,553,101,0002,077,133,0001,926,364,00004,973,000300,000533,000050,00050,00050,00050,00050,00050,000
Debtors (Due After 1 year)00001,721,695,0001,598,312,0001,356,746,0001,076,252,0000802,860,000747,366,000743,439,000688,801,000538,997,000358,321,000
Total Fixed Assets26,320,0002,578,266,0002,100,066,0001,949,624,0001,746,281,0001,623,990,0001,368,637,0001,080,965,0003,858,000805,294,000749,958,000746,174,000691,359,000540,797,000359,724,000
Stock & work in progress284,00048,0002,0001,0002,00027,00024,00015,00038,00025,00014,00025,00033,0006,0000
Trade Debtors0000216,256,000197,365,000211,464,00000269,506,000274,122,000253,705,000243,005,000246,885,000100,382,000
Group Debtors00006,901,000399,298,000475,220,00048,547,00043,707,00046,382,00016,805,000000749,000
Misc Debtors16,801,00011,786,00025,057,00021,377,00017,864,0008,333,0004,635,000236,753,0004,952,0001,387,00018,866,00016,654,00019,106,00020,412,00016,907,000
Cash424,000409,00013,057,00010,396,0004,123,00013,552,00015,011,000104,000221,0001,795,0001,923,000001,763,0002,322,000
misc current assets3,025,613,000834,000742,000697,000951,0000001,134,449,000000000
total current assets3,043,122,00013,077,00038,858,00032,471,000246,097,000618,575,000706,354,000285,419,0001,183,367,000319,095,000311,730,000270,384,000262,144,000269,066,000120,360,000
total assets3,069,442,0002,591,343,0002,138,924,0001,982,095,0001,992,378,0002,242,565,0002,074,991,0001,366,384,0001,187,225,0001,124,389,0001,061,688,0001,016,558,000953,503,000809,863,000480,084,000
Bank overdraft2,614,0003,770,0001,687,0002,291,0002,721,0002,989,0002,476,0002,646,0003,704,000003,739,0001,913,00000
Bank loan000000000000000
Trade Creditors 27,564,00021,054,00017,510,00017,422,00027,224,00024,590,00017,424,00014,417,00012,431,00015,551,00018,339,00011,782,00010,203,00015,269,00010,737,000
Group/Directors Accounts2,053,471,0001,111,029,000191,091,000229,155,0001,782,177,0002,035,288,0001,872,566,0001,175,115,0000562,301,000658,247,000599,689,000519,544,000486,664,000366,980,000
other short term finances00007,388,0001,479,0002,266,0000972,460,000000000
hp & lease commitments454,000580,000663,000744,000823,0000000000000
other current liabilities689,955,0001,231,351,0001,714,090,0001,548,120,0004,112,0005,962,00021,642,00014,270,00013,849,0006,697,00047,126,00048,005,00049,185,00034,963,00014,192,000
total current liabilities2,774,058,0002,367,784,0001,925,041,0001,797,732,0001,824,445,0002,070,308,0001,916,374,0001,206,448,0001,002,444,000584,549,000723,712,000663,215,000580,845,000536,896,000391,909,000
loans000000000374,476,000198,000,00000067,760,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities00000000000239,300,000291,090,000230,700,0000
provisions19,060,00018,085,00024,278,00015,428,00016,292,00000001,332,00000001,084,000
total long term liabilities19,060,00018,085,00024,278,00015,428,00016,292,0000000375,808,000198,000,000239,435,000291,185,000230,802,00069,101,000
total liabilities2,793,118,0002,385,869,0001,949,319,0001,813,160,0001,840,737,0002,070,308,0001,916,374,0001,206,448,0001,002,444,000960,357,000921,712,000902,650,000872,030,000767,698,000461,010,000
net assets276,324,000205,474,000189,605,000168,935,000151,641,000172,257,000158,617,000159,936,000184,781,000164,032,000139,976,000113,908,00081,473,00042,165,00019,074,000
total shareholders funds276,324,000205,474,000189,605,000168,935,000151,641,000172,257,000158,617,000159,936,000184,781,000164,032,000139,976,000113,908,00081,473,00042,165,00019,074,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-13,665,76623,248,24425,636,97222,026,49622,751,61844,545,70236,672,69362,846,15669,827,01065,807,00061,617,00064,694,00042,347,00025,810,000-1,288,000
Depreciation1,407,0001,550,0001,541,0001,650,000568,00025,00032,000151,000238,000916,000910,000807,000670,000606,000555,000
Amortisation3,556,0003,354,0002,747,0002,588,0002,045,0001,163,0001,098,000823,000715,000751,00000000
Tax2,431,000-4,606,000-4,067,000-4,254,000-5,428,000-8,760,000-7,224,000-6,755,000-5,253,000-6,459,000-7,803,000-6,878,000-5,652,000-4,335,0001,790,000
Stock236,00046,0001,000-1,000-25,0003,0009,000-23,00013,00011,000-11,000-8,00027,0006,0000
Debtors5,015,000-13,271,0003,680,000-1,941,339,000-240,592,000155,243,000686,513,0001,312,893,000-1,071,476,00062,976,00043,361,00062,886,000144,618,000329,935,000476,359,000
Creditors6,510,0003,544,00088,000-9,802,0002,634,0007,166,0003,007,0001,986,000-3,120,000-2,788,0006,557,0001,579,000-5,066,0004,532,00010,737,000
Accruals and Deferred Income-541,396,000-482,739,000165,970,0001,544,008,000-1,850,000-15,680,0007,372,000421,0007,152,000-40,429,000-879,000-1,180,00014,222,00020,771,00014,192,000
Deferred Taxes & Provisions975,000-6,193,0008,850,000-864,00016,292,000000-1,332,0001,332,000000-1,084,0001,084,000
Cash flow from operations-545,433,766-448,616,756197,084,9723,496,692,496277,629,618-126,786,298-645,564,307-1,253,397,8441,139,690,010-43,857,00017,052,000-3,856,000-98,124,000-283,641,000-449,289,000
Investing Activities
capital expenditure-6,118,000-7,136,000-3,961,000-2,912,000-6,494,000-10,302,000-8,541,000-1,296,000-2,427,000-1,509,000-767,000-984,000-1,428,000-1,003,000-1,908,000
Change in Investments-2,553,101,000475,968,000150,769,0001,926,364,000-4,973,0004,673,000-233,000533,000-50,0000000050,000
cash flow from investments2,546,983,000-483,104,000-154,730,000-1,929,276,000-1,521,000-14,975,000-8,308,000-1,829,000-2,377,000-1,509,000-767,000-984,000-1,428,000-1,003,000-1,958,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts942,442,000919,938,000-38,064,000-1,553,022,000-253,111,000162,722,000697,451,0001,175,115,000-562,301,000-95,946,00058,558,00080,145,00032,880,000119,684,000366,980,000
Other Short Term Loans 000-7,388,0005,909,000-787,0002,266,000-972,460,000972,460,000000000
Long term loans00000000-374,476,000176,476,000198,000,00000-67,760,00067,760,000
Hire Purchase and Lease Commitments-126,000-83,000-81,000-79,000823,0000000000000
other long term liabilities0000000000-239,300,000-51,790,00060,390,000230,700,0000
share issue84,853,000-2,943,000-19,000-247,000-38,700,000-22,277,000000046,000-168,00017,797,00011,854,00030,593,000
interest000000000-35,292,000-27,792,000-25,213,000-15,184,000-10,238,000-12,021,000
cash flow from financing1,027,169,000916,912,000-38,164,000-1,560,736,000-285,079,000139,658,000699,717,000202,655,00035,683,00045,238,000-10,488,0002,974,00095,883,000284,240,000453,312,000
cash and cash equivalents
cash15,000-12,648,0002,661,0006,273,000-9,429,000-1,459,00014,907,000-117,000-1,574,000-128,0001,923,0000-1,763,000-559,0002,322,000
overdraft-1,156,0002,083,000-604,000-430,000-268,000513,000-170,000-1,058,0003,704,0000-3,739,0001,826,0001,913,00000
change in cash1,171,000-14,731,0003,265,0006,703,000-9,161,000-1,972,00015,077,000941,000-5,278,000-128,0005,662,000-1,826,000-3,676,000-559,0002,322,000

creation consumer finance limited 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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Creation Consumer Finance Limited Competitor Analysis

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Perform a competitor analysis for creation consumer finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in BT1 area or any other competitors across 12 key performance metrics.

creation consumer finance limited Ownership

CREATION CONSUMER FINANCE LIMITED group structure

Creation Consumer Finance Limited has no subsidiary companies.

Ultimate parent company

ALPHA CREDIT SA

#0170100

2 parents

CREATION CONSUMER FINANCE LIMITED

NI032565

CREATION CONSUMER FINANCE LIMITED Shareholders

creation financial services limited 100%

creation consumer finance limited directors

Creation Consumer Finance Limited currently has 7 directors. The longest serving directors include Mr Stephen Hunt (Mar 2007) and Mrs Ethel Paraud (Oct 2021).

officercountryagestartendrole
Mr Stephen HuntNorthern Ireland57 years Mar 2007- Director
Mrs Ethel Paraud56 years Oct 2021- Director
Ms Lakshmi Moorthy51 years Oct 2021- Director
Mr Jean-Pierre Charles60 years May 2022- Director
Mr Bart Vervenne68 years Jun 2023- Director
Mr Mike Redferne65 years Jun 2023- Director
Mrs Anais Raynaud46 years Oct 2023- Director

P&L

December 2023

turnover

249.7m

+21%

operating profit

-13.7m

0%

gross margin

54.3%

-37.47%

turnover

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

Balance Sheet

December 2023

net assets

276.3m

+0.34%

total assets

3.1b

+0.18%

cash

424k

+0.04%

net assets

Total assets minus all liabilities

creation consumer finance limited company details

company number

NI032565

Type

Private limited with Share Capital

industry

64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

incorporation date

June 1997

age

28

incorporated

UK

ultimate parent company

ALPHA CREDIT SA

accounts

Full Accounts

last accounts submitted

December 2023

previous names

open and direct retail services limited (November 2004)

nie financing limited (June 1999)

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accountant

-

auditor

DELOITTE LLP

address

wellington buildings, 6th floor, wellington buildings, belfast, BT1 6HT

Bank

BARCLAYS BANK PLC

Legal Advisor

-

creation consumer 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 found 2 charges/mortgages relating to creation consumer finance limited. Currently there are 0 open charges and 2 have been satisfied in the past.

creation consumer 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.

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creation consumer finance limited Companies House Filings - See Documents

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