independent financial advice centre (glasgow) limited
independent financial advice centre (glasgow) limited Company Information
Company Number
SC317059
Next Accounts
May 2026
Shareholders
robjall ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
67 causeyside street, paisley, renfrewshire, PA1 1YT
Website
http://ifacentre.netindependent financial advice centre (glasgow) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED at £352.6k based on a Turnover of £642.4k and 0.55x industry multiple (adjusted for size and gross margin).
independent financial advice centre (glasgow) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED at £339.4k based on an EBITDA of £84.5k and a 4.02x industry multiple (adjusted for size and gross margin).
independent financial advice centre (glasgow) limited Estimated Valuation
Pomanda estimates the enterprise value of INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED at £466.2k based on Net Assets of £218.6k and 2.13x industry multiple (adjusted for liquidity).
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Independent Financial Advice Centre (glasgow) Limited Overview
Independent Financial Advice Centre (glasgow) Limited is a live company located in renfrewshire, PA1 1YT with a Companies House number of SC317059. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2007, it's largest shareholder is robjall ltd with a 100% stake. Independent Financial Advice Centre (glasgow) Limited is a established, small sized company, Pomanda has estimated its turnover at £642.4k with high growth in recent years.
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Independent Financial Advice Centre (glasgow) Limited Health Check
Pomanda's financial health check has awarded Independent Financial Advice Centre (Glasgow) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £642.4k, make it smaller than the average company (£4.4m)
- Independent Financial Advice Centre (glasgow) Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (9.5%)
- Independent Financial Advice Centre (glasgow) Limited
9.5% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Independent Financial Advice Centre (glasgow) Limited
38.1% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (5.6%)
- Independent Financial Advice Centre (glasgow) Limited
5.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (25)
8 - Independent Financial Advice Centre (glasgow) Limited
25 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
- Independent Financial Advice Centre (glasgow) Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £80.3k, this is less efficient (£161.3k)
- Independent Financial Advice Centre (glasgow) Limited
£161.3k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (38 days)
- Independent Financial Advice Centre (glasgow) Limited
38 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Independent Financial Advice Centre (glasgow) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Independent Financial Advice Centre (glasgow) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 62 weeks, this is more cash available to meet short term requirements (24 weeks)
62 weeks - Independent Financial Advice Centre (glasgow) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30%, this is a lower level of debt than the average (60%)
30% - Independent Financial Advice Centre (glasgow) Limited
60% - Industry AVG
INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED financials
Independent Financial Advice Centre (Glasgow) Limited's latest turnover from August 2024 is estimated at £642.4 thousand and the company has net assets of £218.6 thousand. According to their latest financial statements, Independent Financial Advice Centre (Glasgow) Limited has 8 employees and maintains cash reserves of £94.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 8 | 7 | 6 | 5 | 5 | 5 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 148,459 | 138,650 | 97,267 | 100,314 | 7,919 | 1,479 | 1,972 | 2,301 | 3,068 | 4,090 | 3,741 | 4,987 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | 75,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 148,459 | 138,650 | 97,267 | 100,314 | 7,919 | 1,479 | 1,972 | 77,301 | 3,068 | 4,090 | 3,741 | 4,987 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,502 | 11,126 | 11,719 | 9,414 | 37,041 | 59,927 | 23,021 | 74,986 | 2,089 | 99,582 | 13,604 | 21,238 | |||
| Group Debtors | 53,638 | 45,521 | 36,603 | 30,342 | |||||||||||
| Misc Debtors | 452 | 945 | 195 | 570 | 17,162 | 54,264 | 150,765 | ||||||||
| Cash | 94,190 | 83,142 | 60,504 | 94,326 | 90,169 | 267,186 | 19,450 | 28,916 | 26,895 | 50,042 | 41,982 | ||||
| misc current assets | 173 | 82 | |||||||||||||
| total current assets | 163,782 | 140,734 | 109,021 | 134,652 | 127,210 | 60,100 | 307,369 | 148,782 | 181,770 | 126,477 | 63,646 | 63,220 | |||
| total assets | 312,241 | 279,384 | 206,288 | 234,966 | 135,129 | 61,579 | 309,341 | 226,083 | 184,838 | 130,567 | 67,387 | 68,207 | |||
| Bank overdraft | 2,500 | 10,000 | 10,000 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 48,413 | 33,446 | 23,332 | 14,302 | 24,940 | ||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 12,730 | 12,730 | |||||||||||||
| other current liabilities | 65,441 | 69,711 | 79,242 | 91,041 | 43,203 | 32,680 | 26,745 | ||||||||
| total current liabilities | 78,171 | 84,941 | 89,242 | 101,041 | 48,413 | 33,446 | 43,203 | 32,680 | 26,745 | 23,332 | 14,302 | 24,940 | |||
| loans | 12,500 | 22,500 | |||||||||||||
| hp & lease commitments | 3,183 | 15,913 | |||||||||||||
| Accruals and Deferred Income | 1,300 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 12,325 | 12,145 | 1,003 | 1,505 | |||||||||||
| total long term liabilities | 15,508 | 28,058 | 13,503 | 24,005 | 1,300 | ||||||||||
| total liabilities | 93,679 | 112,999 | 102,745 | 125,046 | 48,413 | 34,746 | 43,203 | 32,680 | 26,745 | 23,332 | 14,302 | 24,940 | |||
| net assets | 218,562 | 166,385 | 103,543 | 109,920 | 86,716 | 26,833 | 266,138 | 193,403 | 158,093 | 107,235 | 53,085 | 43,267 | |||
| total shareholders funds | 218,562 | 166,385 | 103,543 | 109,920 | 86,716 | 26,833 | 266,138 | 193,403 | 158,093 | 107,235 | 53,085 | 43,267 |
| Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 19,217 | 13,482 | 3,677 | 4,053 | 640 | 767 | 1,022 | 936 | 1,246 | 1,313 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 12,000 | 9,075 | 8,191 | 3,285 | -22,886 | 19,744 | -89,067 | -23,604 | 53,272 | 85,978 | -7,634 | 21,238 | |||
| Creditors | -48,413 | 14,967 | 33,446 | -23,332 | 9,030 | -10,638 | 24,940 | ||||||||
| Accruals and Deferred Income | -4,270 | -9,531 | -11,799 | 91,041 | -1,300 | -41,903 | 10,523 | 5,935 | 26,745 | ||||||
| Deferred Taxes & Provisions | 180 | 11,142 | -502 | 1,505 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -75,000 | 75,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -12,500 | -10,000 | 22,500 | ||||||||||||
| Hire Purchase and Lease Commitments | -12,730 | 28,643 | |||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 11,048 | 22,638 | -33,822 | 4,157 | 90,169 | -267,186 | 247,736 | -9,466 | 2,021 | -23,147 | 8,060 | 41,982 | |||
| overdraft | -2,500 | -7,500 | 10,000 | ||||||||||||
| change in cash | 13,548 | 30,138 | -33,822 | -5,843 | 90,169 | -267,186 | 247,736 | -9,466 | 2,021 | -23,147 | 8,060 | 41,982 |
independent financial advice centre (glasgow) limited Credit Report and Business Information
Independent Financial Advice Centre (glasgow) Limited Competitor Analysis
Perform a competitor analysis for independent financial advice centre (glasgow) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in PA1 area or any other competitors across 12 key performance metrics.
independent financial advice centre (glasgow) limited Ownership
INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED group structure
Independent Financial Advice Centre (Glasgow) Limited has no subsidiary companies.
Ultimate parent company
1 parent
INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED
SC317059
independent financial advice centre (glasgow) limited directors
Independent Financial Advice Centre (Glasgow) Limited currently has 3 directors. The longest serving directors include Mr Brian Evans (Feb 2007) and Mr Robert Allan (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brian Evans | United Kingdom | 69 years | Feb 2007 | - | Director |
| Mr Robert Allan | 35 years | Aug 2016 | - | Director | |
| Miss Siobhan Mullaney | 30 years | Sep 2023 | - | Director |
P&L
August 2024turnover
642.4k
+24%
operating profit
65.3k
0%
gross margin
38.1%
+0.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024net assets
218.6k
+0.31%
total assets
312.2k
+0.12%
cash
94.2k
+0.13%
net assets
Total assets minus all liabilities
independent financial advice centre (glasgow) limited company details
company number
SC317059
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2007
age
18
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
PACITTI HAMILTON LTD
auditor
-
address
67 causeyside street, paisley, renfrewshire, PA1 1YT
Bank
-
Legal Advisor
-
independent financial advice centre (glasgow) 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 independent financial advice centre (glasgow) limited.
independent financial advice centre (glasgow) 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 INDEPENDENT FINANCIAL ADVICE CENTRE (GLASGOW) LIMITED. This can take several minutes, an email will notify you when this has completed.
independent financial advice centre (glasgow) limited Companies House Filings - See Documents
| date | description | view/download |
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