Pomanda estimates the enterprise value of EXPRESS MORTGAGE SERVICES LIMITED at £4.5m based on a Turnover of £4.1m and 1.11x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EXPRESS MORTGAGE SERVICES LIMITED at £284.1k based on an EBITDA of £58k and a 4.9x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of EXPRESS MORTGAGE SERVICES LIMITED at £99.1k based on Net Assets of £22.9k and 4.34x industry multiple (adjusted for liquidity).
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Express Mortgage Services LimitedOverview
Express Mortgage Services Limited is a live company located in wigan, WN3 5BA with a Companies House number of 05167662. It operates in the banks sector, SIC Code 64191. Founded in July 2004, it's largest shareholder is
paul rawson
with a 41.8% stake. Express Mortgage Services Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£4.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Express Mortgage Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
6 Weak
Size
annual sales of £4.1m, make it smaller than the average company (£63.7m)
£4.1m - Express Mortgage Services Limited
£63.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (17.3%)
47% - Express Mortgage Services Limited
17.3% - Industry AVG
Production
with a gross margin of 64.6%, this company has a comparable cost of product (64.6%)
64.6% - Express Mortgage Services Limited
64.6% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (13.2%)
1.2% - Express Mortgage Services Limited
13.2% - Industry AVG
Employees
with 22 employees, this is below the industry average (147)
22 - Express Mortgage Services Limited
147 - Industry AVG
Pay Structure
on an average salary of £97.9k, the company has an equivalent pay structure (£97.9k)
£97.9k - Express Mortgage Services Limited
£97.9k - Industry AVG
Efficiency
resulting in sales per employee of £184.1k, this is less efficient (£386.2k)
£184.1k - Express Mortgage Services Limited
£386.2k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (5177 days)
22 days - Express Mortgage Services Limited
5177 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (86 days)
2 days - Express Mortgage Services Limited
86 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Express Mortgage Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Express Mortgage Services Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a similar level of debt than the average (90.1%)
93.9% - Express Mortgage Services Limited
90.1% - Industry AVG
EXPRESS MORTGAGE SERVICES LIMITED financials
EXPORT
Express Mortgage Services Limited's latest turnover from December 2023 is estimated at £4.1 million and the company has net assets of £22.9 thousand. According to their latest financial statements, Express Mortgage Services Limited has 22 employees and maintains cash reserves of £4.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Jul 2009
Turnover
4,051,037
2,936,123
1,759,782
1,263,985
1,303,849
1,303,483
2,362,109
1,120,673
1,109,046
8,012
5,501
8,003
9,981
8,843
Other Income Or Grants
Cost Of Sales
1,433,785
691,082
432,070
361,139
387,802
370,517
780,978
498,674
625,108
5,209
2,822
3,980
6,736
3,765
Gross Profit
2,617,252
2,245,041
1,327,712
902,847
916,047
932,966
1,581,131
622,000
483,937
2,804
2,679
4,023
3,245
5,077
Admin Expenses
2,568,070
2,231,299
1,318,829
931,487
907,851
926,468
1,556,821
600,489
482,606
-31,123
-16,661
3,445
-19,194
44,068
15,263
Operating Profit
49,182
13,742
8,883
-28,640
8,196
6,498
24,310
21,511
1,331
33,927
19,340
578
22,439
-38,991
-15,263
Interest Payable
28,837
23,168
14,063
6,100
Interest Receivable
139
756
136
41
227
218
61
16
3
26
26
30
30
23
23
Pre-Tax Profit
20,484
-8,671
-5,043
-34,699
8,422
6,716
24,370
21,526
1,334
33,953
19,366
608
22,469
-38,968
-15,240
Tax
-5,121
-1,600
-1,276
-4,630
-4,305
-267
-7,130
-4,454
-146
-5,842
Profit After Tax
15,363
-8,671
-5,043
-34,699
6,822
5,440
19,740
17,221
1,067
26,823
14,912
462
16,627
-38,968
-15,240
Dividends Paid
Retained Profit
15,363
-8,671
-5,043
-34,699
6,822
5,440
19,740
17,221
1,067
26,823
14,912
462
16,627
-38,968
-15,240
Employee Costs
2,153,286
2,073,365
1,295,896
890,151
793,158
763,197
1,376,359
688,525
696,444
82,821
74,691
76,199
80,170
69,375
Number Of Employees
22
22
14
10
9
9
16
8
8
1
1
1
1
1
EBITDA*
57,981
19,062
11,280
-26,704
10,169
9,738
29,976
28,266
7,897
41,194
26,873
8,929
32,716
-29,984
-12,618
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Jul 2009
Tangible Assets
8,530
13,030
7,659
2,692
4,532
3,384
6,267
10,864
9,346
13,522
14,981
15,550
16,460
21,282
10,584
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,530
13,030
7,659
2,692
4,532
3,384
6,267
10,864
9,346
13,522
14,981
15,550
16,460
21,282
10,584
Stock & work in progress
Trade Debtors
248,009
371,946
262,471
176,424
51,526
43,429
26,834
38,589
24,730
58,475
28,498
84,594
70,541
101,280
6,354
Group Debtors
Misc Debtors
116,000
46,991
56,628
68,832
19,184
36,432
26,016
9,862
16,523
12,385
Cash
4,449
846
42,338
66,485
15,167
45,286
12,783
11,431
1,117
44
10,315
61
11,854
7
9,326
misc current assets
total current assets
368,458
419,783
361,437
311,741
85,877
125,147
65,633
59,882
42,370
58,519
38,813
84,655
82,395
101,287
28,065
total assets
376,988
432,813
369,096
314,433
90,409
128,531
71,900
70,746
51,716
72,041
53,794
100,205
98,855
122,569
38,649
Bank overdraft
81,857
62,753
Bank loan
Trade Creditors
8,143
30,090
21,284
21,063
13,376
10,445
9,845
9,814
2,831
64,026
72,402
60,539
135,437
86,775
53,887
Group/Directors Accounts
4,692
6,001
4,271
7,959
279
2,961
1,201
89,003
other short term finances
hp & lease commitments
other current liabilities
64,252
148,239
75,947
71,694
12,465
68,533
17,173
32,168
39,402
total current liabilities
158,944
247,083
101,502
92,757
33,800
78,978
27,297
44,943
43,434
64,026
72,402
60,539
135,437
175,778
53,887
loans
193,056
175,000
250,000
200,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
73,186
provisions
2,133
3,238
1,431
470
704
470
960
1,900
1,600
2,400
2,600
2,600
total long term liabilities
195,189
178,238
251,431
200,470
704
470
960
1,900
1,600
2,400
2,600
75,786
total liabilities
354,133
425,321
352,933
293,227
34,504
79,448
28,257
46,843
45,034
66,426
75,002
136,325
135,437
175,778
53,887
net assets
22,855
7,492
16,163
21,206
55,905
49,083
43,643
23,903
6,682
5,615
-21,208
-36,120
-36,582
-53,209
-15,238
total shareholders funds
22,855
7,492
16,163
21,206
55,905
49,083
43,643
23,903
6,682
5,615
-21,208
-36,120
-36,582
-53,209
-15,238
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Jul 2009
Operating Activities
Operating Profit
49,182
13,742
8,883
-28,640
8,196
6,498
24,310
21,511
1,331
33,927
19,340
578
22,439
-38,991
-15,263
Depreciation
8,799
5,320
2,397
1,936
1,973
3,240
5,666
6,755
6,566
7,267
7,533
8,351
10,277
9,007
2,645
Amortisation
Tax
-5,121
-1,600
-1,276
-4,630
-4,305
-267
-7,130
-4,454
-146
-5,842
Stock
Debtors
-54,928
99,838
73,843
174,546
-9,151
27,011
4,399
7,198
-17,222
29,977
-56,096
14,053
-30,739
82,541
18,739
Creditors
-21,947
8,806
221
7,687
2,931
600
31
6,983
-61,195
-8,376
11,863
-74,898
48,662
32,888
53,887
Accruals and Deferred Income
-83,987
72,292
4,253
59,229
-56,068
51,360
-14,995
-7,234
39,402
Deferred Taxes & Provisions
-1,105
1,807
961
-234
234
-490
-940
300
-800
-200
2,600
Cash flow from operations
749
2,129
-57,128
-134,568
-35,183
32,921
5,043
16,812
2,259
-4,489
90,378
-77,568
106,275
-79,637
22,530
Investing Activities
capital expenditure
-4,299
-10,691
-7,364
-96
-3,121
-357
-1,069
-8,273
-2,390
-5,808
-6,964
-7,441
-5,455
-19,705
-13,229
Change in Investments
cash flow from investments
-4,299
-10,691
-7,364
-96
-3,121
-357
-1,069
-8,273
-2,390
-5,808
-6,964
-7,441
-5,455
-19,705
-13,229
Financing Activities
Bank loans
Group/Directors Accounts
-1,309
1,730
4,271
-7,959
7,959
-279
-2,682
1,760
1,201
-89,003
89,003
Other Short Term Loans
Long term loans
18,056
-75,000
50,000
200,000
Hire Purchase and Lease Commitments
other long term liabilities
-73,186
73,186
share issue
997
2
interest
-28,698
-22,412
-13,927
-6,059
227
218
61
16
3
26
26
30
30
23
23
cash flow from financing
-11,951
-95,682
40,344
185,982
8,186
-61
-2,621
1,776
1,204
26
-73,160
73,216
-88,973
90,023
25
cash and cash equivalents
cash
3,603
-41,492
-24,147
51,318
-30,119
32,503
1,352
10,314
1,073
-10,271
10,254
-11,793
11,847
-9,319
9,326
overdraft
19,104
62,753
change in cash
-15,501
-104,245
-24,147
51,318
-30,119
32,503
1,352
10,314
1,073
-10,271
10,254
-11,793
11,847
-9,319
9,326
express mortgage services limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for express mortgage services limited. Get real-time insights into express mortgage services limited's credit score, group structure and payment trends.
Perform a competitor analysis for express mortgage services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in WN3 area or any other competitors across 12 key performance metrics.
express mortgage services limited Ownership
EXPRESS MORTGAGE SERVICES LIMITED group structure
Express Mortgage Services Limited has no subsidiary companies.
Ultimate parent company
EXPRESS MORTGAGE SERVICES LIMITED
05167662
EXPRESS MORTGAGE SERVICES LIMITED Shareholders
The largest shareholders in Express Mortgage Services Limited include Paul Rawson and Stephen Andrew Hand.
paul rawson
41.84%
stephen andrew hand
41.74%
kellie rawson
8.21%
laura-jane hand
8.21%
express mortgage services limited directors
Express Mortgage Services Limited currently has 2 directors.
The longest serving directors include
Mr Stephen Hand (Jul 2004) and
Mr Paul Rawson (Jul 2004).
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 express mortgage services limited.
express mortgage services limited Capital Raised & Share Issues BETA
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express mortgage services limitedCompanies House Filings - See Documents
