easy french mortgage ltd

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easy french mortgage ltd Company Information

Share EASY FRENCH MORTGAGE LTD

Company Number

SC532761

Shareholders

david mcdonald

Group Structure

View All

Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

abbey house 83 princes street, city centre, edinburgh, EH2 2ER

easy french mortgage ltd Estimated Valuation

£6.2k

Pomanda estimates the enterprise value of EASY FRENCH MORTGAGE LTD at £6.2k based on a Turnover of £7.8k and 0.79x industry multiple (adjusted for size and gross margin).

easy french mortgage ltd Estimated Valuation

£16.5k

Pomanda estimates the enterprise value of EASY FRENCH MORTGAGE LTD at £16.5k based on an EBITDA of £6k and a 2.74x industry multiple (adjusted for size and gross margin).

easy french mortgage ltd Estimated Valuation

£6.7k

Pomanda estimates the enterprise value of EASY FRENCH MORTGAGE LTD at £6.7k based on Net Assets of £5.1k and 1.31x industry multiple (adjusted for liquidity).

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Easy French Mortgage Ltd Overview

Easy French Mortgage Ltd is a live company located in edinburgh, EH2 2ER with a Companies House number of SC532761. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in April 2016, it's largest shareholder is david mcdonald with a 100% stake. Easy French Mortgage Ltd is a young, micro sized company, Pomanda has estimated its turnover at £7.8k with declining growth in recent years.

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Easy French Mortgage Ltd Health Check

Pomanda's financial health check has awarded Easy French Mortgage Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £7.8k, make it smaller than the average company (£4.7m)

£7.8k - Easy French Mortgage Ltd

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (3.8%)

-12% - Easy French Mortgage Ltd

3.8% - Industry AVG

production

Production

with a gross margin of 16.2%, this company has a higher cost of product (57.3%)

16.2% - Easy French Mortgage Ltd

57.3% - Industry AVG

profitability

Profitability

an operating margin of 77.1% make it more profitable than the average company (9.9%)

77.1% - Easy French Mortgage Ltd

9.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (13)

1 - Easy French Mortgage Ltd

13 - Industry AVG

paystructure

Pay Structure

on an average salary of £77.9k, the company has an equivalent pay structure (£77.9k)

£77.9k - Easy French Mortgage Ltd

£77.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £7.8k, this is less efficient (£205.7k)

£7.8k - Easy French Mortgage Ltd

£205.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (33 days)

93 days - Easy French Mortgage Ltd

33 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Easy French Mortgage Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Easy French Mortgage Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Easy French Mortgage Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Easy French Mortgage Ltd

- - Industry AVG

EASY FRENCH MORTGAGE LTD financials

EXPORTms excel logo

Easy French Mortgage Ltd's latest turnover from September 2023 is estimated at £7.8 thousand and the company has net assets of £5.1 thousand. According to their latest financial statements, we estimate that Easy French Mortgage Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Turnover7,8035,74311,61211,58620,39015,761
Other Income Or Grants
Cost Of Sales6,5394,7919,6109,35316,68712,714
Gross Profit1,2649522,0012,2333,7033,048
Admin Expenses-4,7497,362-2008,835-114-7,603-123
Operating Profit6,013-6,4102,201-6,6023,81710,651123
Interest Payable
Interest Receivable
Pre-Tax Profit6,013-6,4102,201-6,6023,81710,651123
Tax-1,503-418-725-2,024-23
Profit After Tax4,510-6,4101,783-6,6023,0928,627100
Dividends Paid
Retained Profit4,510-6,4101,783-6,6023,0928,627100
Employee Costs77,94674,01268,93770,18170,06767,558
Number Of Employees111111
EBITDA*6,013-6,4102,201-6,6023,81710,651123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Tangible Assets3,0004,9455,7906,4358,6314,495
Intangible Assets
Investments & Other100100100100100100
Debtors (Due After 1 year)
Total Fixed Assets3,1005,0455,8906,5358,6314,595100
Stock & work in progress
Trade Debtors2,0001,7504,0003,5927,4825,254
Group Debtors
Misc Debtors4,552
Cash
misc current assets5,6892,525
total current assets2,0001,7504,0008,14413,1717,779
total assets5,1006,7959,89014,67921,80212,374100
Bank overdraft
Bank loan
Trade Creditors 4,9558903,6731,1253,647
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities4,9558903,6731,1253,647
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities2,7896,358
provisions1,2502,0003,0002,500
total long term liabilities1,2502,0005,7898,858
total liabilities6,2052,8909,4629,9833,647
net assets5,1005907,0005,21711,8198,727100
total shareholders funds5,1005907,0005,21711,8198,727100
Sep 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017
Operating Activities
Operating Profit6,013-6,4102,201-6,6023,81710,651123
Depreciation
Amortisation
Tax-1,503-418-725-2,024-23
Stock
Debtors250-2,250-4,1446622,2285,254
Creditors-4,9554,065-2,7832,548-2,5223,647
Accruals and Deferred Income
Deferred Taxes & Provisions-1,250-750-1,0005002,500
Cash flow from operations-1,945-8452,144-4,2168427,020100
Investing Activities
capital expenditure1,9458456452,196-4,136-4,495
Change in Investments100-100100
cash flow from investments1,9458456452,096-4,036-4,495-100
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-2,789-3,5696,358
share issue
interest
cash flow from financing-2,789-3,5696,358
cash and cash equivalents
cash
overdraft
change in cash

easy french mortgage 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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Easy French Mortgage Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for easy french mortgage ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EH2 area or any other competitors across 12 key performance metrics.

easy french mortgage ltd Ownership

EASY FRENCH MORTGAGE LTD group structure

Easy French Mortgage Ltd has no subsidiary companies.

Ultimate parent company

EASY FRENCH MORTGAGE LTD

SC532761

EASY FRENCH MORTGAGE LTD Shareholders

david mcdonald 100%

easy french mortgage ltd directors

Easy French Mortgage Ltd currently has 1 director, Mr David McDonald serving since Apr 2016.

officercountryagestartendrole
Mr David McDonaldScotland53 years Apr 2016- Director

P&L

September 2023

turnover

7.8k

+36%

operating profit

6k

0%

gross margin

16.2%

-2.34%

turnover

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

Balance Sheet

September 2023

net assets

5.1k

+7.64%

total assets

5.1k

-0.25%

cash

0

0%

net assets

Total assets minus all liabilities

easy french mortgage ltd company details

company number

SC532761

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

abbey house 83 princes street, city centre, edinburgh, EH2 2ER

Bank

-

Legal Advisor

-

easy french mortgage 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 easy french mortgage ltd.

easy french mortgage 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.

Click to start generating capital raising & share issue transactions for EASY FRENCH MORTGAGE LTD. This can take several minutes, an email will notify you when this has completed.

easy french mortgage ltd Companies House Filings - See Documents

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