mortgages no 7 plc
mortgages no 7 plc Company Information
Company Number
05492092
Next Accounts
Jan 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Directors
Shareholders
mortgages no 7 (holdings) ltd
link trust corporate limited
Group Structure
View All
Contact
Registered Address
7th floor 21 lombard street, london, EC3V 9AH
Website
www.aldermore.co.ukmortgages no 7 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 7 PLC at £5.6m based on a Turnover of £3.8m and 1.47x industry multiple (adjusted for size and gross margin).
mortgages no 7 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 7 PLC at £90.8m based on an EBITDA of £16.7m and a 5.44x industry multiple (adjusted for size and gross margin).
mortgages no 7 plc Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGES NO 7 PLC at £395.5k based on Net Assets of £301k and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mortgages No 7 Plc Overview
Mortgages No 7 Plc is a dissolved company that was located in london, EC3V 9AH with a Companies House number of 05492092. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2005, it's largest shareholder was mortgages no 7 (holdings) ltd with a 100% stake. The last turnover for Mortgages No 7 Plc was estimated at £3.8m.
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Mortgages No 7 Plc Health Check
Pomanda's financial health check has awarded Mortgages No 7 Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £3.8m, make it in line with the average company (£3.6m)
£3.8m - Mortgages No 7 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 7 Plc
4.8% - Industry AVG
Production
with a gross margin of 56.3%, this company has a comparable cost of product (61.2%)
56.3% - Mortgages No 7 Plc
61.2% - Industry AVG
Profitability
an operating margin of 443.1% make it more profitable than the average company (11.1%)
443.1% - Mortgages No 7 Plc
11.1% - Industry AVG
Employees
with 20 employees, this is above the industry average (14)
- Mortgages No 7 Plc
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Mortgages No 7 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £188.5k, this is equally as efficient (£193k)
- Mortgages No 7 Plc
£193k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (38 days)
2 days - Mortgages No 7 Plc
38 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mortgages No 7 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mortgages No 7 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 657 weeks, this is more cash available to meet short term requirements (33 weeks)
657 weeks - Mortgages No 7 Plc
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (63.7%)
99.8% - Mortgages No 7 Plc
63.7% - Industry AVG
MORTGAGES NO 7 PLC financials
Mortgages No 7 Plc's latest turnover from December 2016 is £3.8 million and the company has net assets of £301 thousand. According to their latest financial statements, we estimate that Mortgages No 7 Plc has 20 employees and maintains cash reserves of £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 | 3,769,000 | 4,483,000 | 4,924,000 | 5,329,000 | 5,651,000 | 6,021,000 | 6,392,000 | 8,027,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,649,000 | 1,845,000 | 1,973,000 | 2,043,000 | 2,326,000 | 2,300,000 | 2,114,000 | 4,939,000 |
| Gross Profit | 2,120,000 | 2,638,000 | 2,951,000 | 3,286,000 | 3,325,000 | 3,721,000 | 4,278,000 | 3,088,000 |
| Admin Expenses | 4,277,000 | 3,087,000 | ||||||
| Operating Profit | 1,000 | 1,000 | ||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 50,000 | 248,000 | 14,000 | 16,000 | 18,000 | 21,000 | 1,000 | 1,000 |
| Tax | -10,000 | -11,000 | -13,000 | -15,000 | -17,000 | -20,000 | 0 | 0 |
| Profit After Tax | 40,000 | 237,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 40,000 | 237,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||
| EBITDA* | 1,000 | 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 | 119,515,000 | 131,792,000 | 144,002,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 119,515,000 | 131,792,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 157,465,000 | 168,760,000 | 180,350,000 | 193,124,000 | 205,477,000 |
| Total Fixed Assets | 119,515,000 | 131,792,000 | 144,002,000 | 157,465,000 | 168,760,000 | 180,350,000 | 193,124,000 | 205,477,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 27,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,256,000 |
| Misc Debtors | 0 | 0 | 4,000 | 4,000 | 4,000 | 8,000 | 43,000 | 258,000 |
| Cash | 8,045,000 | 9,266,000 | 9,709,000 | 8,806,000 | 11,964,000 | 10,976,000 | 10,297,000 | 10,734,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,072,000 | 9,269,000 | 9,713,000 | 8,810,000 | 11,968,000 | 10,984,000 | 10,340,000 | 12,248,000 |
| total assets | 127,587,000 | 141,061,000 | 153,715,000 | 166,275,000 | 180,728,000 | 191,334,000 | 203,464,000 | 217,725,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 636,000 | 687,000 | 774,000 | 726,000 | 751,000 | 1,101,000 | 775,000 | 1,544,000 |
| total current liabilities | 636,000 | 687,000 | 774,000 | 726,000 | 751,000 | 1,101,000 | 775,000 | 1,544,000 |
| loans | 253,300,000 | 280,226,000 | 284,236,000 | 165,526,000 | 179,955,000 | 190,212,000 | 202,669,000 | 216,162,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 10,799,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 126,650,000 | 140,113,000 | 152,917,000 | 165,526,000 | 179,955,000 | 190,212,000 | 202,669,000 | 216,162,000 |
| total liabilities | 127,286,000 | 140,800,000 | 153,691,000 | 166,252,000 | 180,706,000 | 191,313,000 | 203,444,000 | 217,706,000 |
| net assets | 301,000 | 261,000 | 24,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 |
| total shareholders funds | 301,000 | 261,000 | 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 | 1,000 | 1,000 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -10,000 | -11,000 | -13,000 | -15,000 | -17,000 | -20,000 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 24,000 | -1,000 | -157,465,000 | -11,295,000 | -11,594,000 | -12,809,000 | -13,824,000 | 206,991,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -51,000 | -10,886,000 | 10,847,000 | -25,000 | -350,000 | 326,000 | -769,000 | 1,544,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 13,056,000 | -205,446,000 | ||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | |||
| Change in Investments | -12,277,000 | 131,792,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | |||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -26,926,000 | -4,010,000 | 118,710,000 | -14,429,000 | -10,257,000 | -12,457,000 | -13,493,000 | 216,162,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | -26,926,000 | -4,010,000 | -14,429,000 | -10,257,000 | -12,457,000 | -13,493,000 | 216,180,000 | |
| cash and cash equivalents | ||||||||
| cash | -1,221,000 | -443,000 | 903,000 | -3,158,000 | 988,000 | 679,000 | -437,000 | 10,734,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,221,000 | -443,000 | 903,000 | -3,158,000 | 988,000 | 679,000 | -437,000 | 10,734,000 |
mortgages no 7 plc Credit Report and Business Information
Mortgages No 7 Plc Competitor Analysis
Perform a competitor analysis for mortgages no 7 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 7 plc Ownership
MORTGAGES NO 7 PLC group structure
Mortgages No 7 Plc has no subsidiary companies.
mortgages no 7 plc directors
Mortgages No 7 Plc currently has 1 director, Mr Sean Martin serving since Feb 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Martin | United Kingdom | 59 years | Feb 2016 | - | Director |
P&L
December 2016turnover
3.8m
-16%
operating profit
16.7m
0%
gross margin
56.3%
-4.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
301k
+0.15%
total assets
127.6m
-0.1%
cash
8m
-0.13%
net assets
Total assets minus all liabilities
Similar Companies
mortgages no 7 plc company details
company number
05492092
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
June 2005
age
19
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 7 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 7 plc.
mortgages no 7 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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mortgages no 7 plc Companies House Filings - See Documents
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