mortgages no 6 plc
mortgages no 6 plc Company Information
Company Number
05090008
Next Accounts
Mar 2025
Directors
Shareholders
mortgages no.6 (holdings) ltd
link trust nominees no 1 limited
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
7th floor 21 lombard street, london, EC3V 9AH
Website
-mortgages no 6 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 6 PLC at £2.4m based on a Turnover of £1.7m and 1.38x industry multiple (adjusted for size and gross margin).
mortgages no 6 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 6 PLC at £5.6m based on an EBITDA of £1.2m and a 4.78x industry multiple (adjusted for size and gross margin).
mortgages no 6 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 6 PLC at £220.5k based on Net Assets of £169k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mortgages No 6 Plc Overview
Mortgages No 6 Plc is a dissolved company that was located in london, EC3V 9AH with a Companies House number of 05090008. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2004, it's largest shareholder was mortgages no.6 (holdings) ltd with a 100% stake. The last turnover for Mortgages No 6 Plc was estimated at £1.7m.
Upgrade for unlimited company reports & a free credit check
Mortgages No 6 Plc Health Check
Pomanda's financial health check has awarded Mortgages No 6 Plc a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£3.6m)
£1.7m - Mortgages No 6 Plc
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (4.8%)
-11% - Mortgages No 6 Plc
4.8% - Industry AVG
Production
with a gross margin of 64.8%, this company has a comparable cost of product (61.3%)
64.8% - Mortgages No 6 Plc
61.3% - Industry AVG
Profitability
an operating margin of 67.2% make it more profitable than the average company (11.1%)
67.2% - Mortgages No 6 Plc
11.1% - Industry AVG
Employees
with 9 employees, this is below the industry average (14)
- Mortgages No 6 Plc
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Mortgages No 6 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £192.7k, this is equally as efficient (£193.6k)
- Mortgages No 6 Plc
£193.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (37 days)
1 days - Mortgages No 6 Plc
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mortgages No 6 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mortgages No 6 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 956 weeks, this is more cash available to meet short term requirements (33 weeks)
956 weeks - Mortgages No 6 Plc
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (63.4%)
99.7% - Mortgages No 6 Plc
63.4% - Industry AVG
MORTGAGES NO 6 PLC financials
Mortgages No 6 Plc's latest turnover from December 2016 is £1.7 million and the company has net assets of £169 thousand. According to their latest financial statements, we estimate that Mortgages No 6 Plc has 9 employees and maintains cash reserves of £4.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,734,000 | 2,052,000 | 2,235,000 | 2,434,000 | 2,646,000 | 2,859,000 | 3,142,000 | 3,365,000 |
| Other Income Or Grants | ||||||||
| Cost Of Sales | 611,000 | 700,000 | 730,000 | 769,000 | 1,051,000 | 713,000 | 880,000 | 2,067,000 |
| Gross Profit | 1,123,000 | 1,352,000 | 1,505,000 | 1,665,000 | 1,595,000 | 2,146,000 | 2,262,000 | 1,298,000 |
| Admin Expenses | -43,000 | 2,244,000 | 1,297,000 | |||||
| Operating Profit | 1,166,000 | 18,000 | 1,000 | |||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 19,000 | 134,000 | 6,000 | 7,000 | 8,000 | 9,000 | 18,000 | 1,000 |
| Tax | -4,000 | -4,000 | -5,000 | -6,000 | -7,000 | -8,000 | -17,000 | |
| Profit After Tax | 15,000 | 130,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Dividends Paid | ||||||||
| Retained Profit | 15,000 | 130,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Employee Costs | ||||||||
| Number Of Employees | ||||||||
| EBITDA* | 1,166,000 | 18,000 | 1,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 45,414,000 | 50,460,000 | 56,016,000 | |||||
| Intangible Assets | ||||||||
| Investments & Other | 45,414,000 | 50,460,000 | ||||||
| Debtors (Due After 1 year) | 60,774,000 | 66,542,000 | 71,377,000 | 77,814,000 | 86,892,000 | |||
| Total Fixed Assets | 45,414,000 | 50,460,000 | 56,016,000 | 60,774,000 | 66,542,000 | 71,377,000 | 77,814,000 | 86,892,000 |
| Stock & work in progress | ||||||||
| Trade Debtors | 7,000 | 7,000 | ||||||
| Group Debtors | 418,000 | |||||||
| Misc Debtors | 99,000 | |||||||
| Cash | 4,821,000 | 4,764,000 | 3,998,000 | 4,449,000 | 4,431,000 | 4,409,000 | 5,434,000 | 6,445,000 |
| misc current assets | ||||||||
| total current assets | 4,828,000 | 4,771,000 | 3,998,000 | 4,449,000 | 4,431,000 | 4,508,000 | 5,434,000 | 6,863,000 |
| total assets | 50,242,000 | 55,231,000 | 60,014,000 | 65,223,000 | 70,973,000 | 75,885,000 | 83,248,000 | 93,755,000 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | ||||||||
| Group/Directors Accounts | 1,009,000 | |||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 262,000 | 283,000 | 301,000 | 289,000 | 296,000 | 376,000 | 469,000 | 279,000 |
| total current liabilities | 262,000 | 283,000 | 301,000 | 289,000 | 296,000 | 376,000 | 469,000 | 1,288,000 |
| loans | 49,811,000 | 54,794,000 | 109,832,000 | 64,911,000 | 70,655,000 | 75,488,000 | 82,759,000 | 92,448,000 |
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 4,773,000 | |||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | 49,811,000 | 54,794,000 | 59,689,000 | 64,911,000 | 70,655,000 | 75,488,000 | 82,759,000 | 92,448,000 |
| total liabilities | 50,073,000 | 55,077,000 | 59,990,000 | 65,200,000 | 70,951,000 | 75,864,000 | 83,228,000 | 93,736,000 |
| net assets | 169,000 | 154,000 | 24,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 |
| total shareholders funds | 169,000 | 154,000 | 24,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 1,166,000 | 18,000 | 1,000 | |||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | -4,000 | -4,000 | -5,000 | -6,000 | -7,000 | -8,000 | -17,000 | |
| Stock | ||||||||
| Debtors | 7,000 | -60,774,000 | -5,768,000 | -4,934,000 | -6,338,000 | -9,496,000 | 87,310,000 | |
| Creditors | ||||||||
| Accruals and Deferred Income | -21,000 | -4,791,000 | 4,785,000 | -7,000 | -80,000 | -93,000 | 190,000 | 279,000 |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | 1,141,000 | 9,687,000 | -87,030,000 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -5,046,000 | 50,460,000 | ||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -1,009,000 | 1,009,000 | ||||||
| Other Short Term Loans | ||||||||
| Long term loans | -4,983,000 | -55,038,000 | 44,921,000 | -5,744,000 | -4,833,000 | -7,271,000 | -9,689,000 | 92,448,000 |
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | -4,983,000 | -55,038,000 | -5,744,000 | -4,833,000 | -7,271,000 | -10,698,000 | 93,475,000 | |
| cash and cash equivalents | ||||||||
| cash | 57,000 | 766,000 | -451,000 | 18,000 | 22,000 | -1,025,000 | -1,011,000 | 6,445,000 |
| overdraft | ||||||||
| change in cash | 57,000 | 766,000 | -451,000 | 18,000 | 22,000 | -1,025,000 | -1,011,000 | 6,445,000 |
mortgages no 6 plc Credit Report and Business Information
Mortgages No 6 Plc Competitor Analysis
Perform a competitor analysis for mortgages no 6 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in EC3V area or any other competitors across 12 key performance metrics.
mortgages no 6 plc Ownership
MORTGAGES NO 6 PLC group structure
Mortgages No 6 Plc has no subsidiary companies.
Ultimate parent company
GENSTAR GP
#0064308
2 parents
MORTGAGES NO 6 PLC
05090008
mortgages no 6 plc directors
Mortgages No 6 Plc currently has 1 director, Mr Sean Martin serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Martin | United Kingdom | 60 years | Feb 2016 | - | Director |
P&L
December 2016turnover
1.7m
-15%
operating profit
1.2m
0%
gross margin
64.8%
-1.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
169k
+0.1%
total assets
50.2m
-0.09%
cash
4.8m
+0.01%
net assets
Total assets minus all liabilities
mortgages no 6 plc company details
company number
05090008
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 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2016
previous names
N/A
accountant
-
auditor
-
address
7th floor 21 lombard street, london, EC3V 9AH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
mortgages no 6 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 mortgages no 6 plc.
mortgages no 6 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.
Click to start generating capital raising & share issue transactions for MORTGAGES NO 6 PLC. This can take several minutes, an email will notify you when this has completed.
mortgages no 6 plc Companies House Filings - See Documents
| date | description | view/download |
|---|
