fintech life limited

fintech life limited Company Information

Share FINTECH LIFE LIMITED
Live 
YoungMicroDeclining

Company Number

SC644607

Industry

Other personal service activities n.e.c.

 

Directors

Louise Smith

Shareholders

louise marie smith

Group Structure

View All

Contact

Registered Address

10b albany street, edinburgh, midlothian, EH1 3QB

Website

-

fintech life limited Estimated Valuation

£33.1k

Pomanda estimates the enterprise value of FINTECH LIFE LIMITED at £33.1k based on a Turnover of £47.3k and 0.7x industry multiple (adjusted for size and gross margin).

fintech life limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FINTECH LIFE LIMITED at £0 based on an EBITDA of £-23.6k and a 4.17x industry multiple (adjusted for size and gross margin).

fintech life limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FINTECH LIFE LIMITED at £0 based on Net Assets of £-1.3k and 1.97x industry multiple (adjusted for liquidity).

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Fintech Life Limited Overview

Fintech Life Limited is a live company located in midlothian, EH1 3QB with a Companies House number of SC644607. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 2019, it's largest shareholder is louise marie smith with a 100% stake. Fintech Life Limited is a young, micro sized company, Pomanda has estimated its turnover at £47.3k with declining growth in recent years.

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Fintech Life Limited Health Check

Pomanda's financial health check has awarded Fintech Life Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £47.3k, make it smaller than the average company (£910.2k)

£47.3k - Fintech Life Limited

£910.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (6.5%)

-14% - Fintech Life Limited

6.5% - Industry AVG

production

Production

with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)

41.1% - Fintech Life Limited

41.1% - Industry AVG

profitability

Profitability

an operating margin of -53.7% make it less profitable than the average company (6.5%)

-53.7% - Fintech Life Limited

6.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (14)

1 - Fintech Life Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)

£30.8k - Fintech Life Limited

£30.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.3k, this is less efficient (£88.8k)

£47.3k - Fintech Life Limited

£88.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is near the average (29 days)

29 days - Fintech Life Limited

29 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fintech Life Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fintech Life Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (46 weeks)

24 weeks - Fintech Life Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115%, this is a higher level of debt than the average (44.7%)

115% - Fintech Life Limited

44.7% - Industry AVG

FINTECH LIFE LIMITED financials

EXPORTms excel logo

Fintech Life Limited's latest turnover from October 2023 is estimated at £47.3 thousand and the company has net assets of -£1.3 thousand. According to their latest financial statements, we estimate that Fintech Life Limited has 1 employee and maintains cash reserves of £4.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020
Turnover47,2908,676073,149
Other Income Or Grants0000
Cost Of Sales27,8755,199044,550
Gross Profit19,4153,477028,599
Admin Expenses44,799-25,7601,44527,793
Operating Profit-25,38429,237-1,445806
Interest Payable1000
Interest Receivable93835255
Pre-Tax Profit-24,44729,589-1,440811
Tax0-5,6220-154
Profit After Tax-24,44723,967-1,440657
Dividends Paid0000
Retained Profit-24,44723,967-1,440657
Employee Costs30,76128,913026,393
Number Of Employees1101
EBITDA*-23,56031,062-1,445806

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020
Tangible Assets01,82400
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets01,82400
Stock & work in progress0000
Trade Debtors3,82878300
Group Debtors0000
Misc Debtors11001
Cash4,58531,1471129,675
misc current assets0000
total current assets8,42431,9301129,676
total assets8,42433,7541129,676
Bank overdraft5500
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts01,223894105
other short term finances0000
hp & lease commitments0000
other current liabilities9,6819,34108,913
total current liabilities9,68610,5698949,018
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities9,68610,5698949,018
net assets-1,26223,185-782658
total shareholders funds-1,26223,185-782658
Oct 2023Oct 2022Oct 2021Oct 2020
Operating Activities
Operating Profit-25,38429,237-1,445806
Depreciation1,8241,82500
Amortisation0000
Tax0-5,6220-154
Stock0000
Debtors3,056783-11
Creditors0000
Accruals and Deferred Income3409,341-8,9138,913
Deferred Taxes & Provisions0000
Cash flow from operations-26,27633,998-10,3579,564
Investing Activities
capital expenditure0-3,64900
Change in Investments0000
cash flow from investments0-3,64900
Financing Activities
Bank loans0000
Group/Directors Accounts-1,223329789105
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue0001
interest93735255
cash flow from financing-286681794111
cash and cash equivalents
cash-26,56231,035-9,5639,675
overdraft0500
change in cash-26,56231,030-9,5639,675

fintech life 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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Fintech Life Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for fintech life limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in EH1 area or any other competitors across 12 key performance metrics.

fintech life limited Ownership

FINTECH LIFE LIMITED group structure

Fintech Life Limited has no subsidiary companies.

Ultimate parent company

FINTECH LIFE LIMITED

SC644607

FINTECH LIFE LIMITED Shareholders

louise marie smith 100%

fintech life limited directors

Fintech Life Limited currently has 1 director, Ms Louise Smith serving since Oct 2019.

officercountryagestartendrole
Ms Louise SmithEngland52 years Oct 2019- Director

P&L

October 2023

turnover

47.3k

+445%

operating profit

-25.4k

0%

gross margin

41.1%

+2.45%

turnover

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

Balance Sheet

October 2023

net assets

-1.3k

-1.05%

total assets

8.4k

-0.75%

cash

4.6k

-0.85%

net assets

Total assets minus all liabilities

fintech life limited company details

company number

SC644607

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

October 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

STR8 4WARD ACCOUNTING LIMITED

auditor

-

address

10b albany street, edinburgh, midlothian, EH1 3QB

Bank

-

Legal Advisor

-

fintech life 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 fintech life limited.

fintech life 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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fintech life limited Companies House Filings - See Documents

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