carnegie consumer finance limited
carnegie consumer finance limited Company Information
Company Number
SC424688
Next Accounts
Feb 2025
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Directors
Shareholders
michael head
Group Structure
View All
Contact
Registered Address
100 west george street, glasgow, G2 1PJ
carnegie consumer finance limited Estimated Valuation
Pomanda estimates the enterprise value of CARNEGIE CONSUMER FINANCE LIMITED at £5.5m based on a Turnover of £6.3m and 0.87x industry multiple (adjusted for size and gross margin).
carnegie consumer finance limited Estimated Valuation
Pomanda estimates the enterprise value of CARNEGIE CONSUMER FINANCE LIMITED at £2.5m based on an EBITDA of £751k and a 3.33x industry multiple (adjusted for size and gross margin).
carnegie consumer finance limited Estimated Valuation
Pomanda estimates the enterprise value of CARNEGIE CONSUMER FINANCE LIMITED at £1.2m based on Net Assets of £521.4k and 2.25x industry multiple (adjusted for liquidity).
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Carnegie Consumer Finance Limited Overview
Carnegie Consumer Finance Limited is a live company located in glasgow, G2 1PJ with a Companies House number of SC424688. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in May 2012, it's largest shareholder is michael head with a 100% stake. Carnegie Consumer Finance Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with healthy growth in recent years.
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Carnegie Consumer Finance Limited Health Check
Pomanda's financial health check has awarded Carnegie Consumer Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£13.1m)
- Carnegie Consumer Finance Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7%)
- Carnegie Consumer Finance Limited
7% - Industry AVG
Production
with a gross margin of 5.8%, this company has a higher cost of product (18.7%)
- Carnegie Consumer Finance Limited
18.7% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (6.1%)
- Carnegie Consumer Finance Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Carnegie Consumer Finance Limited
14 - Industry AVG
Pay Structure
on an average salary of £63.4k, the company has an equivalent pay structure (£63.4k)
- Carnegie Consumer Finance Limited
£63.4k - Industry AVG
Efficiency
resulting in sales per employee of £2.1m, this is more efficient (£350.7k)
- Carnegie Consumer Finance Limited
£350.7k - Industry AVG
Debtor Days
it gets paid by customers after 549 days, this is later than average (65 days)
- Carnegie Consumer Finance Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is quicker than average (182 days)
- Carnegie Consumer Finance Limited
182 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Carnegie Consumer Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Carnegie Consumer Finance Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.4%, this is a similar level of debt than the average (100%)
96.4% - Carnegie Consumer Finance Limited
100% - Industry AVG
CARNEGIE CONSUMER FINANCE LIMITED financials
Carnegie Consumer Finance Limited's latest turnover from May 2023 is estimated at £6.3 million and the company has net assets of £521.4 thousand. According to their latest financial statements, Carnegie Consumer Finance Limited has 3 employees and maintains cash reserves of £20.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 11 | 10 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 80 | 2,375 | 0 | 198 | 1,338 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 4,686,816 | 7,347,390 | 11,750,251 | 20,379,638 | 21,484,511 | 19,439,842 | 0 | 10,269,830 | 4,624,833 | 0 | 0 |
| Total Fixed Assets | 4,686,816 | 7,347,470 | 11,752,626 | 20,379,638 | 21,484,709 | 19,441,180 | 0 | 10,269,830 | 4,624,833 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 9,461,331 | 13,292,024 | 21,619,498 | 9,504,992 | 8,558,200 | 11,232,868 | 26,153,721 | 5,171,969 | 2,156,676 | 100 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 112,911 | 3,344 | 0 | 0 | 0 | 0 | 2,110 | 0 | 0 | 0 | 0 |
| Cash | 20,883 | 8,240 | 24,210 | 40,069 | 48,219 | 6,374 | 0 | 9,302 | 2,603 | 9,800 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,595,125 | 13,303,608 | 21,643,708 | 9,545,061 | 8,606,419 | 11,239,242 | 26,155,831 | 5,181,271 | 2,159,279 | 9,900 | 0 |
| total assets | 14,281,941 | 20,651,078 | 33,396,334 | 29,924,699 | 30,091,128 | 30,680,422 | 26,155,831 | 15,451,101 | 6,784,112 | 9,900 | 0 |
| Bank overdraft | 5,773,078 | 8,118,078 | 7,898,078 | 6,716,480 | 4,062,727 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 837,128 | 1,493,488 | 1,293,877 | 443,807 | 777,562 | 8,376,351 | 8,556,809 | 13,530,477 | 5,881,078 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 848,604 | 1,509,319 | 2,285,991 | 2,238,810 | 2,659,269 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,458,810 | 11,120,885 | 11,477,946 | 9,399,097 | 7,499,558 | 8,376,351 | 8,556,809 | 13,530,477 | 5,881,078 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 4,052,079 | 0 | 0 | 0 | 0 |
| other liabilities | 6,301,716 | 9,025,473 | 21,482,800 | 20,128,465 | 22,019,838 | 21,691,149 | 0 | 1,865,586 | 879,150 | 10,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 189,765 | 460,453 | 13,469,568 | 0 | 0 | 0 | 0 |
| total long term liabilities | 6,301,716 | 9,025,473 | 21,482,800 | 20,128,465 | 22,209,603 | 22,151,602 | 17,521,647 | 1,865,586 | 879,150 | 10,000 | 0 |
| total liabilities | 13,760,526 | 20,146,358 | 32,960,746 | 29,527,562 | 29,709,161 | 30,527,953 | 26,078,456 | 15,396,063 | 6,760,228 | 10,000 | 0 |
| net assets | 521,415 | 504,720 | 435,588 | 397,137 | 381,967 | 152,469 | 77,375 | 55,038 | 23,884 | -100 | 0 |
| total shareholders funds | 521,415 | 504,720 | 435,588 | 397,137 | 381,967 | 152,469 | 77,375 | 55,038 | 23,884 | -100 | 0 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 80 | 2,295 | 2,205 | 198 | 1,140 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -6,381,700 | -12,726,991 | 3,485,119 | -158,081 | -629,999 | 4,516,879 | 10,714,032 | 8,660,290 | 6,781,409 | 100 | 0 |
| Creditors | -656,360 | 199,611 | 850,070 | -333,755 | -7,598,789 | -180,458 | -4,973,668 | 7,649,399 | 5,881,078 | 0 | 0 |
| Accruals and Deferred Income | -660,715 | -776,672 | 47,181 | -420,459 | 2,659,269 | -4,052,079 | 4,052,079 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -189,765 | -270,688 | -13,009,115 | 13,469,568 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,723,757 | -12,457,327 | 1,354,335 | -1,891,373 | 328,689 | 21,691,149 | -1,865,586 | 986,436 | 869,150 | 10,000 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 12,643 | -15,970 | -15,859 | -8,150 | 41,845 | 6,374 | -9,302 | 6,699 | -7,197 | 9,800 | 0 |
| overdraft | -2,345,000 | 220,000 | 1,181,598 | 2,653,753 | 4,062,727 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,357,643 | -235,970 | -1,197,457 | -2,661,903 | -4,020,882 | 6,374 | -9,302 | 6,699 | -7,197 | 9,800 | 0 |
carnegie consumer finance limited Credit Report and Business Information
Carnegie Consumer Finance Limited Competitor Analysis
Perform a competitor analysis for carnegie consumer finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in G 2 area or any other competitors across 12 key performance metrics.
carnegie consumer finance limited Ownership
CARNEGIE CONSUMER FINANCE LIMITED group structure
Carnegie Consumer Finance Limited has no subsidiary companies.
Ultimate parent company
CARNEGIE CONSUMER FINANCE LIMITED
SC424688
carnegie consumer finance limited directors
Carnegie Consumer Finance Limited currently has 1 director, Mr Michael Head serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Head | 69 years | Feb 2014 | - | Director |
P&L
May 2023turnover
6.3m
+39%
operating profit
750.9k
0%
gross margin
5.9%
-9.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
521.4k
+0.03%
total assets
14.3m
-0.31%
cash
20.9k
+1.53%
net assets
Total assets minus all liabilities
carnegie consumer finance limited company details
company number
SC424688
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
100 west george street, glasgow, G2 1PJ
Bank
-
Legal Advisor
-
carnegie 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 did not find charges/mortgages relating to carnegie consumer finance limited.
carnegie consumer finance limited Capital Raised & Share Issues BETA
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carnegie consumer finance limited Companies House Filings - See Documents
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