t.h.f.c. (capital) plc
t.h.f.c. (capital) plc Company Information
Company Number
04178835
Website
www.thfcorp.comRegistered Address
3rd floor 17 st. swithin's lane, london, EC4N 8AL
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
442073379920
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
t.h.f.c. (services) limited 100%
the housing finance corporation limited 0%
t.h.f.c. (capital) plc Estimated Valuation
Pomanda estimates the enterprise value of T.H.F.C. (CAPITAL) PLC at £44.4m based on a Turnover of £21.8m and 2.04x industry multiple (adjusted for size and gross margin).
t.h.f.c. (capital) plc Estimated Valuation
Pomanda estimates the enterprise value of T.H.F.C. (CAPITAL) PLC at £582.6m based on an EBITDA of £69.4m and a 8.39x industry multiple (adjusted for size and gross margin).
t.h.f.c. (capital) plc Estimated Valuation
Pomanda estimates the enterprise value of T.H.F.C. (CAPITAL) PLC at £63.6k based on Net Assets of £33k and 1.93x industry multiple (adjusted for liquidity).
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T.h.f.c. (capital) Plc Overview
T.h.f.c. (capital) Plc is a live company located in london, EC4N 8AL with a Companies House number of 04178835. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2001, it's largest shareholder is t.h.f.c. (services) limited with a 100% stake. T.h.f.c. (capital) Plc is a mature, large sized company, Pomanda has estimated its turnover at £21.8m with declining growth in recent years.
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T.h.f.c. (capital) Plc Health Check
Pomanda's financial health check has awarded T.H.F.C. (Capital) Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
3 Weak
Size
annual sales of £21.8m, make it larger than the average company (£4.1m)
£21.8m - T.h.f.c. (capital) Plc
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4%)
-2% - T.h.f.c. (capital) Plc
4% - Industry AVG
Production
with a gross margin of 62.4%, this company has a comparable cost of product (62.4%)
62.4% - T.h.f.c. (capital) Plc
62.4% - Industry AVG
Profitability
an operating margin of 319.3% make it more profitable than the average company (11.5%)
319.3% - T.h.f.c. (capital) Plc
11.5% - Industry AVG
Employees
with 106 employees, this is above the industry average (13)
- T.h.f.c. (capital) Plc
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- T.h.f.c. (capital) Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £205.2k, this is equally as efficient (£205.6k)
- T.h.f.c. (capital) Plc
£205.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - T.h.f.c. (capital) Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - T.h.f.c. (capital) Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - T.h.f.c. (capital) Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (39 weeks)
0 weeks - T.h.f.c. (capital) Plc
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (57%)
100% - T.h.f.c. (capital) Plc
57% - Industry AVG
T.H.F.C. (CAPITAL) PLC financials
T.H.F.C. (Capital) Plc's latest turnover from March 2023 is £21.8 million and the company has net assets of £33 thousand. According to their latest financial statements, we estimate that T.H.F.C. (Capital) Plc has 106 employees and maintains cash reserves of £58 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,751,000 | 21,326,000 | 22,054,000 | 23,361,000 | 24,164,000 | 24,594,000 | 24,736,000 | 25,006,000 | 25,087,000 | 24,999,000 | 25,230,000 | 24,502,000 | 23,907,000 | 24,378,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 21,638,000 | 21,226,000 | 0 | 23,264,000 | 24,068,000 | 24,500,000 | 24,645,000 | 24,916,000 | 24,998,000 | 24,913,000 | 25,146,000 | 24,421,000 | 23,830,000 | 24,303,000 |
| Interest Receivable | 0 | 0 | 0 | 3,000 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,000 | -1,000 | 0 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 1,000 | -1,000 | 0 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,000 | -1,000 | 0 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 199,056,000 | 453,930,000 | 467,146,000 | 497,536,000 | 517,427,000 | 525,343,000 | 528,549,000 | 539,556,000 | 526,722,000 | 541,682,000 | 546,075,000 | 532,802,000 | 517,802,000 | 524,500,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 467,146,000 | 497,536,000 | 517,427,000 | 525,343,000 | 528,549,000 | 539,556,000 | 526,722,000 | 541,682,000 | 546,075,000 | 532,802,000 | 517,802,000 | 524,500,000 |
| Debtors (Due After 1 year) | 199,056,000 | 453,930,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 199,056,000 | 453,930,000 | 467,146,000 | 497,536,000 | 517,427,000 | 525,343,000 | 528,549,000 | 539,556,000 | 526,722,000 | 541,682,000 | 546,075,000 | 532,802,000 | 517,802,000 | 524,500,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 300,000 | 0 | 0 | 0 | 0 | 0 | 0 | 147,000 | 119,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 50,000 | 273,000 | 272,000 | 310,000 | 352,000 | 20,000 | 315,000 | 351,000 | 298,000 | 280,000 | 305,000 | 248,000 | 67,000 | 9,000 |
| Cash | 58,000 | 45,000 | 36,000 | 58,000 | 6,838,000 | 6,908,000 | 47,000 | 61,000 | 53,000 | 56,000 | 6,845,000 | 6,836,000 | 108,000 | 94,000 |
| misc current assets | 5,780,000 | 43,216,000 | 28,765,000 | 44,891,000 | 20,916,000 | 32,206,000 | 56,007,000 | 56,750,000 | 58,960,000 | 32,592,000 | 58,727,000 | 51,000,000 | 49,250,000 | 28,000,000 |
| total current assets | 5,888,000 | 43,534,000 | 29,073,000 | 45,259,000 | 28,106,000 | 39,434,000 | 56,369,000 | 57,162,000 | 59,311,000 | 32,928,000 | 65,877,000 | 58,084,000 | 49,572,000 | 28,222,000 |
| total assets | 204,944,000 | 497,464,000 | 496,219,000 | 542,795,000 | 545,533,000 | 564,777,000 | 584,918,000 | 596,718,000 | 586,033,000 | 574,610,000 | 611,952,000 | 590,886,000 | 567,374,000 | 552,722,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,750,000 | 58,960,000 | 32,592,000 | 58,727,000 | 51,000,000 | 0 | 0 |
| Bank loan | 5,780,000 | 43,216,000 | 28,765,000 | 44,891,000 | 20,916,000 | 32,206,000 | 56,007,000 | 0 | 0 | 0 | 0 | 0 | 0 | 28,000,000 |
| Trade Creditors | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49,250,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 75,000 | 286,000 | 275,000 | 335,000 | 7,158,000 | 7,197,000 | 331,000 | 381,000 | 320,000 | 305,000 | 7,119,000 | 7,053,000 | 291,000 | 191,000 |
| total current liabilities | 5,855,000 | 43,502,000 | 29,040,000 | 45,226,000 | 28,074,000 | 39,403,000 | 56,338,000 | 57,131,000 | 59,280,000 | 32,897,000 | 65,846,000 | 58,053,000 | 49,541,000 | 28,191,000 |
| loans | 398,112,000 | 907,860,000 | 934,292,000 | 995,072,000 | 1,034,854,000 | 1,050,686,000 | 1,057,098,000 | 1,079,112,000 | 840,642,000 | 870,562,000 | 879,348,000 | 852,802,000 | 822,802,000 | 809,500,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 199,056,000 | 453,930,000 | 467,146,000 | 497,536,000 | 517,427,000 | 525,343,000 | 528,549,000 | 539,556,000 | 526,722,000 | 541,682,000 | 546,075,000 | 532,802,000 | 517,802,000 | 524,500,000 |
| total liabilities | 204,911,000 | 497,432,000 | 496,186,000 | 542,762,000 | 545,501,000 | 564,746,000 | 584,887,000 | 596,687,000 | 586,002,000 | 574,579,000 | 611,921,000 | 590,855,000 | 567,343,000 | 552,691,000 |
| net assets | 33,000 | 32,000 | 33,000 | 33,000 | 32,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 |
| total shareholders funds | 33,000 | 32,000 | 33,000 | 33,000 | 32,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -255,097,000 | 453,931,000 | -38,000 | -42,000 | 32,000 | 5,000 | -36,000 | 53,000 | 18,000 | -25,000 | 57,000 | 34,000 | 86,000 | 128,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -211,000 | 11,000 | -60,000 | -6,823,000 | -39,000 | 6,866,000 | -50,000 | 61,000 | 15,000 | -6,814,000 | 66,000 | 6,762,000 | 100,000 | 191,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | -467,146,000 | -30,390,000 | -19,891,000 | -7,916,000 | -3,206,000 | -11,007,000 | 12,834,000 | -14,960,000 | -4,393,000 | 13,273,000 | 15,000,000 | -6,698,000 | 524,500,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -37,436,000 | 14,451,000 | -16,126,000 | 23,975,000 | -11,290,000 | -23,801,000 | 56,007,000 | 0 | 0 | 0 | 0 | 0 | -28,000,000 | 28,000,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | -49,250,000 | 49,250,000 | 0 |
| Long term loans | -509,748,000 | -26,432,000 | -60,780,000 | -39,782,000 | -15,832,000 | -6,412,000 | -22,014,000 | 238,470,000 | -29,920,000 | -8,786,000 | 26,546,000 | 30,000,000 | 13,302,000 | 809,500,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -21,638,000 | -21,226,000 | 0 | -23,261,000 | -24,066,000 | -24,500,000 | -24,645,000 | -24,916,000 | -24,998,000 | -24,913,000 | -25,146,000 | -24,421,000 | -23,830,000 | -24,303,000 |
| cash flow from financing | -568,822,000 | -33,207,000 | -76,906,000 | -39,068,000 | -51,188,000 | -54,713,000 | 9,348,000 | 213,554,000 | -54,918,000 | -33,699,000 | 1,400,000 | -43,671,000 | 10,722,000 | 813,227,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 13,000 | 9,000 | -22,000 | -6,780,000 | -70,000 | 6,861,000 | -14,000 | 8,000 | -3,000 | -6,789,000 | 9,000 | 6,728,000 | 14,000 | 94,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -56,750,000 | -2,210,000 | 26,368,000 | -26,135,000 | 7,727,000 | 51,000,000 | 0 | 0 |
| change in cash | 13,000 | 9,000 | -22,000 | -6,780,000 | -70,000 | 6,861,000 | 56,736,000 | 2,218,000 | -26,371,000 | 19,346,000 | -7,718,000 | -44,272,000 | 14,000 | 94,000 |
t.h.f.c. (capital) plc Credit Report and Business Information
T.h.f.c. (capital) Plc Competitor Analysis
Perform a competitor analysis for t.h.f.c. (capital) plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
t.h.f.c. (capital) plc Ownership
T.H.F.C. (CAPITAL) PLC group structure
T.H.F.C. (Capital) Plc has no subsidiary companies.
Ultimate parent company
2 parents
T.H.F.C. (CAPITAL) PLC
04178835
t.h.f.c. (capital) plc directors
T.H.F.C. (Capital) Plc currently has 12 directors. The longest serving directors include Ms Shirley Smith (Mar 2018) and Mr Scott Bottles (Mar 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Shirley Smith | England | 63 years | Mar 2018 | - | Director |
| Mr Scott Bottles | England | 68 years | Mar 2018 | - | Director |
| Mr George Blunden | England | 72 years | Mar 2019 | - | Director |
| Mr William Thomas | United Kingdom | 68 years | May 2019 | - | Director |
| Mr David Montague | 61 years | Mar 2020 | - | Director | |
| Mr Anthony King | England | 63 years | Mar 2020 | - | Director |
| Mrs Julie Coetzee | England | 51 years | Feb 2023 | - | Director |
| Ms Gail Teasdale | United Kingdom | 56 years | Mar 2023 | - | Director |
| Mr David Stokes | England | 63 years | Jul 2023 | - | Director |
| Mr Arun Poobalasingam | England | 47 years | Jul 2023 | - | Director |
P&L
March 2023turnover
21.8m
+2%
operating profit
69.4m
0%
gross margin
62.5%
-2.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
33k
+0.03%
total assets
204.9m
-0.59%
cash
58k
+0.29%
net assets
Total assets minus all liabilities
t.h.f.c. (capital) plc company details
company number
04178835
Type
Public 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
March 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
3rd floor 17 st. swithin's lane, london, EC4N 8AL
last accounts submitted
March 2023
t.h.f.c. (capital) plc 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 found 3 charges/mortgages relating to t.h.f.c. (capital) plc. Currently there are 3 open charges and 0 have been satisfied in the past.
t.h.f.c. (capital) plc Companies House Filings - See Documents
| date | description | view/download |
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