Shares Magazine
59.00p-1.50 (-2.48%)20 Dec 2024, 17:08
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Time Finance PLC Fundamentals
| Company Name | Time Finance PLC | Last Updated | 2024-12-20 |
|---|---|---|---|
| Industry | Credit Services | Sector | Financial Services |
| Shares in Issue | 91.443 m | Market Cap | £53.95 m |
| PE Ratio | 12.29 | Dividend per Share | 0 |
| Dividend Yield | 0 | Dividend Cover | 0 |
| EPS | £0.05 | EPS Growth (%) | 0.30 |
| PEG | 0 | DPS Growth (%) | 0 |
| Debt Ratio | 0.0089 | Debt Equity Ratio | 0.0099 |
| Asset Equity Ratio | 3.1714 | Cash Equity Ratio | 0.0240 |
| Quick Ratio | 1.3752 | Current Ratio | 1.38 |
| Price To Book Value | 0.8158 | ROCE | 0 |
Time Finance PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|
Time Finance PLC Company Financials
| Assets | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible Assets | £838,000.00 | £811,000.00 | £350,000.00 | £775,000.00 |
| Intangible Assets | £27.49 m | £27.49 m | £27.56 m | £28.72 m |
| Investments | 0 | 0 | 0 | 0 |
| Total Fixed Assets | £99.76 m | £88.07 m | £79.29 m | £74.63 m |
| Stocks | 0 | 0 | 0 | 0 |
| Debtors | £108.39 m | £91.85 m | £70.85 m | £55.07 m |
| Cash & Equivalents | £1.59 m | £3.77 m | £3.17 m | £7.97 m |
| Other Assets | 0 | 0 | 0 | 0 |
| Total Assets | £209.74 m | £183.69 m | £153.31 m | £137.79 m |
| Liabilities | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Creditors within 1 year | £79.97 m | £67.45 m | £53.88 m | £43.51 m |
| Creditors after 1 year | £63.63 m | £54.57 m | £41.38 m | £37.16 m |
| Other Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | £143.60 m | £122.02 m | £95.26 m | £80.67 m |
| Net assets | £66.14 m | £61.67 m | £58.05 m | £57.12 m |
| Equity | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Called up share capital | £9.25 m | £9.25 m | £9.25 m | £9.25 m |
| Share Premium | £25.54 m | £25.54 m | £25.54 m | £25.54 m |
| Profit / Loss | £5.93 m | £4.08 m | £1.41 m | £2.02 m |
| Other Equity | £66.14 m | £61.67 m | £58.05 m | £57.12 m |
| Preference & Minorities | 0 | 0 | 0 | 0 |
| Total Capital Employed | £66.14 m | £61.67 m | £58.05 m | £57.12 m |
| Ratios | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Debt Ratio | £0.01 | £0.03 | £0.04 | £0.06 |
| Debt-to-Equity | £0.01 | £0.03 | £0.04 | £0.06 |
| Assets / Equity | 3.1714 | 3.1714 | 3.1714 | 3.1714 |
| Cash / Equity | 0.0240 | 0.0240 | 0.0240 | 0.0240 |
| EPS | £0.05 | £0.04 | £0.03 | £0.02 |
| Cash Flow | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash from operating activities | -£170,000.00 | £2.43 m | -£3.62 m | £5.66 m |
| Cashflow before financing | -£2.03 m | £984,000.00 | -£4.60 m | £8.04 m |
| Increase in Cash | -£2.18 m | £856,000.00 | -£4.75 m | £7.53 m |
| Income | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Turnover | £33.23 m | £26.97 m | £22.51 m | £23.80 m |
| Cost of sales | £14.00 m | £11.17 m | £8.06 m | £9.36 m |
| Gross Profit | £19.23 m | £15.80 m | £14.45 m | £14.44 m |
| Operating Profit | £5.98 m | £4.23 m | £1.66 m | £2.27 m |
| Pre-Tax profit | £5.93 m | £4.08 m | £1.41 m | £2.02 m |
Time Finance PLC Company Background
| Sector | Financial Services |
|---|---|
| Activities | Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance and Invoice Finance. It generates maximum of the revenue from the Asset Finance division. |
| Latest Interim Date | 25 Jan 2024 |
| Latest Fiscal Year End Date | 25 Sep 2024 |
Time Finance PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2023-11-07 | Mr. Ronald Russell | Non-Executive Director |
| 2017-09-27 | Ms. Helen Margaret Walker | Executive Director |
| 2024-10-24 | Mr. Edward John Rimmer | Executive Director,Chief Executive Officer |
| 2013-09-10 | Mr. Michael Richard Johnson | Non-Executive Director,Chairman |
| 2014-10-17 | Mr. Rodney Owen Channon | Non-Executive Director,Company Secretary |
| 2023-11-07 | Mr. Julian Philip Telling | Non-Executive Director |
| 2016-01-29 | Ms. Maria-Louise Hampton | Executive Director,Managing Director |
| 2021-03-03 | Mr. Richard Ian Smith | Executive Director |
| 2006-08-02 | Mr. James Peter Benson FCA,ICA | Executive Director,Finance Director and Company Secretary |
| 2006-08-02 | Mr. John David George Stickley | Executive Director,Joint Managing Director |
| 2007-08-31 | Mr. Anthony Ffrancon Williams | Executive Director,Managing Director |
| 2007-10-24 | Mr. Paul David Connell | Non-Executive Director |
| 2019-09-25 | Mr. Michael Nolan | Executive Director,MD, Asset Finance |
| 2017-09-27 | Ms. Hazel Jacques | Executive Director,Chief Marketing Officer |
| 2021-09-21 | Mr. John Newman | Non-Executive Director,Chairman |
| 2024-10-03 | Mr. James Matthew Arthur Roberts | Executive Director,Chief Financial Officer |
| 2024-10-03 | Ms. Tanya Raynes | Non-Executive Director,Chairman |
| 2024-09-25 | Mr. Paul GS Hird | Non-Executive Director |
Time Finance PLC Contact Details
| Company Name | Time Finance PLC |
|---|---|
| Address | The Square, Lower Bristol Road, 2nd Floor, St James House, Bath, BA2 3BH |
| Telephone | +44 1225474230 |
| Website | https://www.timefinance.com |
Time Finance PLC Advisors
| Solicitor | Simmons & Simmons LLP |
|---|
| Stockbroker | Cenkos Securities |
|---|---|
| Phone | +44 2073978900 |
| Fax | +44 2073978901 |
| Nominated Adviser | Cenkos Securities |
|---|---|
| Phone | +44 2073978900 |
| Fax | +44 2073978901 |
| Financial PR Adviser | Walbrook PR |
|---|---|
| Phone | +44 2079338780 |
| Fax | +44 2079338781 |
| Auditor | Moore Stephens(Bath) |
|---|---|
| Phone | (01225) 486100 |
| Fax | (01225) 448198 |
| Registrar | Neville Registrars Ltd |
|---|---|
| Phone | +44 1215851131 |
| Fax | +44 1215851132 |
| Bank | Barclays Bank PLC |
|---|
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