close brothers finance plc
close brothers finance plc Company Information
Company Number
04322721
Next Accounts
Jan 2026
Shareholders
close brothers ltd
close brothers group plc
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
10 crown place, london, EC2A 4FT
Website
www.closebrothers.comclose brothers finance plc Estimated Valuation
Pomanda estimates the enterprise value of CLOSE BROTHERS FINANCE PLC at £15.2m based on a Turnover of £17m and 0.89x industry multiple (adjusted for size and gross margin).
close brothers finance plc Estimated Valuation
Pomanda estimates the enterprise value of CLOSE BROTHERS FINANCE PLC at £0 based on an EBITDA of £0 and a 3.08x industry multiple (adjusted for size and gross margin).
close brothers finance plc Estimated Valuation
Pomanda estimates the enterprise value of CLOSE BROTHERS FINANCE PLC at £16.3k based on Net Assets of £12.5k and 1.31x industry multiple (adjusted for liquidity).
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Close Brothers Finance Plc Overview
Close Brothers Finance Plc is a live company located in london, EC2A 4FT with a Companies House number of 04322721. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2001, it's largest shareholder is close brothers ltd with a 100% stake. Close Brothers Finance Plc is a mature, mid sized company, Pomanda has estimated its turnover at £17m with declining growth in recent years.
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Close Brothers Finance Plc Health Check
Pomanda's financial health check has awarded Close Brothers Finance Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
2 Weak
Size
annual sales of £17m, make it larger than the average company (£5.8m)
£17m - Close Brothers Finance Plc
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (7.4%)
-9% - Close Brothers Finance Plc
7.4% - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - Industry AVG
Employees
with 75 employees, this is above the industry average (12)
- Close Brothers Finance Plc
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Close Brothers Finance Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £227.1k, this is equally as efficient (£229.5k)
- Close Brothers Finance Plc
£229.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Close Brothers Finance Plc
- - 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 (71%)
100% - Close Brothers Finance Plc
71% - Industry AVG
CLOSE BROTHERS FINANCE PLC financials
Close Brothers Finance Plc's latest turnover from July 2024 is £17 million and the company has net assets of £12.5 thousand. According to their latest financial statements, we estimate that Close Brothers Finance Plc has 75 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,031,402 | 18,560,280 | 15,151,928 | 22,421,400 | 19,336,242 | 19,455,926 | 19,421,437 | 17,840,325 | 12,115,923 | 11,637,755 | 1,178,425 | 149,672 | 214,695 | 835,062 | ||
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 17,031,402 | 18,560,280 | 15,151,928 | 22,421,400 | 19,336,242 | 19,455,926 | 19,421,437 | 17,840,325 | 12,115,923 | 11,637,755 | 149,672 | 214,695 | 835,062 | |||
| 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 | ||||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||||
| Intangible Assets | ||||||||||||||||
| Investments & Other | ||||||||||||||||
| Debtors (Due After 1 year) | 735,599,981 | 735,685,882 | 829,772,565 | 751,283,030 | 308,486,774 | 645,754,273 | 616,917,052 | 590,284,562 | 338,086,789 | 300,012,502 | 300,012,502 | 20,800,399 | 21,380,313 | |||
| Total Fixed Assets | 735,599,981 | 735,685,882 | 829,772,565 | 751,283,030 | 308,486,774 | 645,754,273 | 616,917,052 | 590,284,562 | 338,086,789 | 300,012,502 | 300,012,502 | 20,800,399 | 21,380,313 | |||
| Stock & work in progress | ||||||||||||||||
| Trade Debtors | ||||||||||||||||
| Group Debtors | 3,576,899 | 100,714,828 | 54,556,792 | 20,586,253 | 357,628,755 | 31,007,793 | 43,647,866 | 3,634,629 | 1,650,046 | 1,111,680 | 1,178,425 | 12,502 | 12,502 | 19,563 | 21,189 | |
| Misc Debtors | ||||||||||||||||
| Cash | ||||||||||||||||
| misc current assets | ||||||||||||||||
| total current assets | 3,576,899 | 100,714,828 | 54,556,792 | 20,586,253 | 357,628,755 | 31,007,793 | 43,647,866 | 3,634,629 | 1,650,046 | 1,111,680 | 1,178,425 | 12,502 | 12,502 | 19,563 | 21,189 | |
| total assets | 739,176,880 | 836,400,710 | 884,329,357 | 771,869,283 | 666,115,529 | 676,762,066 | 660,564,918 | 593,919,191 | 339,736,835 | 301,124,182 | 301,190,927 | 12,502 | 12,502 | 20,819,962 | 21,401,502 | |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| other short term finances | 3,576,899 | 100,714,828 | 54,556,792 | 20,586,253 | 357,628,756 | 31,007,793 | 43,647,866 | 3,634,629 | 1,650,046 | 1,111,680 | 300,000,000 | |||||
| hp & lease commitments | ||||||||||||||||
| other current liabilities | 1,178,425 | 7,061 | 8,687 | |||||||||||||
| total current liabilities | 3,576,899 | 100,714,828 | 54,556,792 | 20,586,253 | 357,628,756 | 31,007,793 | 43,647,866 | 3,634,629 | 1,650,046 | 1,111,680 | 301,178,425 | 7,061 | 8,687 | |||
| loans | 735,587,479 | 735,673,380 | 829,760,063 | 751,270,528 | 308,474,271 | 645,741,771 | 616,904,550 | 590,272,060 | 338,074,287 | 300,000,000 | 20,800,399 | 21,380,313 | ||||
| hp & lease commitments | ||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | ||||||||||||||||
| provisions | ||||||||||||||||
| total long term liabilities | 735,587,479 | 735,673,380 | 829,760,063 | 751,270,528 | 308,474,271 | 645,741,771 | 616,904,550 | 590,272,060 | 338,074,287 | 300,000,000 | 20,800,399 | 21,380,313 | ||||
| total liabilities | 739,164,378 | 836,388,208 | 884,316,855 | 771,856,781 | 666,103,027 | 676,749,564 | 660,552,416 | 593,906,689 | 339,724,333 | 301,111,680 | 301,178,425 | 20,807,460 | 21,389,000 | |||
| net assets | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | |
| total shareholders funds | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 | 12,502 |
| Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | ||||||||||||||||
| Amortisation | ||||||||||||||||
| Tax | ||||||||||||||||
| Stock | ||||||||||||||||
| Debtors | -97,223,830 | -47,928,647 | 112,460,074 | 105,753,754 | -10,646,537 | 16,197,148 | 66,645,727 | 254,182,356 | 38,612,653 | -66,745 | 301,190,927 | -12,502 | -20,807,460 | -581,540 | 21,401,502 | |
| Creditors | ||||||||||||||||
| Accruals and Deferred Income | -1,178,425 | 1,178,425 | -7,061 | -1,626 | 8,687 | |||||||||||
| Deferred Taxes & Provisions | ||||||||||||||||
| Cash flow from operations | 97,223,830 | 47,928,647 | -112,460,074 | 10,646,537 | -16,197,148 | -66,645,727 | -254,182,356 | -38,612,653 | -1,111,680 | -300,012,502 | 579,914 | -21,392,815 | ||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | ||||||||||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||
| Other Short Term Loans | -97,137,929 | 46,158,036 | 33,970,539 | -337,042,503 | 326,620,963 | -12,640,073 | 40,013,237 | 1,984,583 | 538,366 | -298,888,320 | 300,000,000 | |||||
| Long term loans | -85,901 | -94,086,683 | 78,489,535 | 442,796,257 | -337,267,500 | 28,837,221 | 26,632,490 | 252,197,773 | 38,074,287 | 300,000,000 | -20,800,399 | -579,914 | 21,380,313 | |||
| Hire Purchase and Lease Commitments | ||||||||||||||||
| other long term liabilities | ||||||||||||||||
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | -97,223,830 | -47,928,647 | 112,460,074 | 105,753,754 | -10,646,537 | 16,197,148 | 66,645,727 | 254,182,356 | 38,612,653 | 1,111,680 | 300,012,502 | -20,800,399 | -579,914 | 21,392,815 | ||
| cash and cash equivalents | ||||||||||||||||
| cash | ||||||||||||||||
| overdraft | ||||||||||||||||
| change in cash |
close brothers finance plc Credit Report and Business Information
Close Brothers Finance Plc Competitor Analysis
Perform a competitor analysis for close brothers finance plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2A area or any other competitors across 12 key performance metrics.
close brothers finance plc Ownership
CLOSE BROTHERS FINANCE PLC group structure
Close Brothers Finance Plc has no subsidiary companies.
Ultimate parent company
2 parents
CLOSE BROTHERS FINANCE PLC
04322721
close brothers finance plc directors
Close Brothers Finance Plc currently has 3 directors. The longest serving directors include Mr Michael Morgan (Apr 2019) and Mr Robert Sack (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Morgan | United Kingdom | 59 years | Apr 2019 | - | Director |
| Mr Robert Sack | United Kingdom | 52 years | Feb 2022 | - | Director |
| Ashley Lillie | 54 years | Apr 2023 | - | Director |
P&L
July 2024turnover
17m
-8%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2024net assets
12.5k
0%
total assets
739.2m
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
close brothers finance plc company details
company number
04322721
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
November 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
July 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10 crown place, london, EC2A 4FT
Bank
-
Legal Advisor
-
close brothers finance 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 did not find charges/mortgages relating to close brothers finance plc.
close brothers finance plc 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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close brothers finance plc Companies House Filings - See Documents
| date | description | view/download |
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