Pomanda estimates the enterprise value of INTERBAY FUNDING, LTD. at £28.3m based on a Turnover of £9m and 3.13x industry multiple (adjusted for size and gross margin).
interbay funding, ltd.Estimated Valuation
£1.4b
Pomanda estimates the enterprise value of INTERBAY FUNDING, LTD. at £1.4b based on an EBITDA of £102.8m and a 13.22x industry multiple (adjusted for size and gross margin).
interbay funding, ltd.Estimated Valuation
£123.5m
Pomanda estimates the enterprise value of INTERBAY FUNDING, LTD. at £123.5m based on Net Assets of £34.3m and 3.6x industry multiple (adjusted for liquidity).
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Interbay Funding, Ltd.Overview
Interbay Funding, Ltd. is a live company located in england, ME4 4ET with a Companies House number of 05595882. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in October 2005, it's largest shareholder is
onesavings bank plc
with a 100% stake. Interbay Funding, Ltd. is a mature,
mid sized company, Pomanda has estimated its turnover at
£9m with
declining
growth in recent years.
Pomanda's financial health check has awarded Interbay Funding, Ltd. a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
0 Regular
3 Weak
Size
annual sales of £9m, make it larger than the average company (£5.9m)
£9m - Interbay Funding, Ltd.
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.3%)
-6% - Interbay Funding, Ltd.
6.3% - Industry AVG
Production
with a gross margin of 62.3%, this company has a lower cost of product (33.1%)
62.3% - Interbay Funding, Ltd.
33.1% - Industry AVG
Profitability
an operating margin of 1136.3% make it more profitable than the average company (12.2%)
1136.3% - Interbay Funding, Ltd.
12.2% - Industry AVG
Employees
with 36 employees, this is above the industry average (11)
36 - Interbay Funding, Ltd.
11 - Industry AVG
Pay Structure
on an average salary of £74.8k, the company has a higher pay structure (£52.2k)
£74.8k - Interbay Funding, Ltd.
£52.2k - Industry AVG
Efficiency
resulting in sales per employee of £251.1k, this is more efficient (£216.7k)
£251.1k - Interbay Funding, Ltd.
£216.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Interbay Funding, Ltd.
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Interbay Funding, Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Interbay Funding, Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (19 weeks)
6 weeks - Interbay Funding, Ltd.
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.9%, this is a lower level of debt than the average (93.2%)
2.9% - Interbay Funding, Ltd.
93.2% - Industry AVG
INTERBAY FUNDING, LTD. financials
EXPORT
Interbay Funding, Ltd.'s latest turnover from December 2023 is £9 million and the company has net assets of £34.3 million. According to their latest financial statements, Interbay Funding, Ltd. has 36 employees and maintains cash reserves of £134 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
Dec 2009
Turnover
9,040,000
8,795,000
9,641,000
10,729,000
10,740,000
7,836,000
3,283,000
2,631,000
3,020,000
1,304,000
1,273,000
1,421,000
Other Income Or Grants
Cost Of Sales
3,407,000
3,659,000
3,988,000
4,552,000
4,446,000
3,375,704
1,130,435
882,211
1,094,806
450,946
588,000
438,000
Gross Profit
5,633,000
5,136,000
5,653,000
6,177,000
6,294,000
4,460,296
2,152,565
1,748,789
1,925,194
853,054
685,000
983,000
Admin Expenses
-97,083,730
-125,528,344
-58,461,558
-22,500,817
-1,453,821
-228,704
1,213,565
1,521,789
1,654,194
738,054
-120,827
-599,183
-257,566
-391,197
-871,388
Operating Profit
102,716,730
130,664,344
64,114,558
28,677,817
7,747,821
4,689,000
939,000
227,000
271,000
115,000
805,827
1,582,183
257,566
391,197
871,388
Interest Payable
19,000
8,690,000
6,189,000
882,000
172,000
359,000
730,000
567,000
588,000
438,000
777,126
15,998
73,810
Interest Receivable
1,356,000
477,000
826,000
11,951,000
7,598,000
2,426,000
764,000
1,117,000
2,018,000
1,304,000
1,273,000
1,421,000
3,023,734
2,071,283
1,741,168
Pre-Tax Profit
78,689,000
106,913,000
53,179,000
25,014,000
7,703,000
31,233,000
36,531,000
985,000
1,559,000
852,000
-522,000
1,203,000
2,504,174
2,446,482
2,538,746
Tax
-1,656,000
-1,067,000
-1,251,000
-1,789,000
-1,437,000
-1,242,000
-225,000
-234,000
-220,000
301,000
1,144,000
Profit After Tax
77,033,000
105,846,000
51,928,000
23,225,000
6,266,000
29,991,000
36,306,000
751,000
1,339,000
1,153,000
622,000
1,203,000
2,504,174
2,446,482
2,538,746
Dividends Paid
78,689,000
106,200,000
54,479,000
21,843,000
6,709,000
25,000,000
35,000,000
Retained Profit
-1,656,000
-354,000
-2,551,000
1,382,000
-443,000
4,991,000
1,306,000
751,000
1,339,000
1,153,000
622,000
1,203,000
2,504,174
2,446,482
2,538,746
Employee Costs
2,693,000
2,653,000
3,115,000
3,447,000
3,312,000
2,231,000
1,490,000
1,552,000
1,837,000
1,588,000
1,497,000
862,000
964,036
924,140
1,092,966
Number Of Employees
36
39
47
66
64
49
35
36
40
38
26
12
12
13
13
EBITDA*
102,844,730
130,806,344
64,258,558
28,834,817
7,922,821
4,837,000
1,072,000
340,000
349,000
158,000
817,827
1,582,183
299,412
455,368
1,050,191
* 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
Dec 2009
Tangible Assets
221,000
297,000
333,000
387,000
453,000
271,000
119,000
162,000
185,000
265,000
65,000
60,000
17,625
59,471
123,642
Intangible Assets
95,000
140,000
159,000
116,000
149,000
217,000
254,000
261,000
195,000
Investments & Other
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,112,000
2,111,908
2,111,908
2,111,908
Debtors (Due After 1 year)
71,000
66,000
76,000
73,000
1,468,000
1,549,000
20,000
12,000
8,462
Total Fixed Assets
2,499,000
2,615,000
2,680,000
2,615,000
2,787,000
2,600,000
2,485,000
4,003,000
4,041,000
2,377,000
2,197,000
2,184,000
2,137,995
2,171,379
2,235,550
Stock & work in progress
Trade Debtors
68,000
Group Debtors
32,602,000
31,241,000
32,033,000
33,915,000
640,386,000
260,371,000
42,767,000
48,035,000
46,918,000
44,906,000
43,690,000
40,969,000
31,686,822
20,207,099
16,684,609
Misc Debtors
106,000
119,000
40,000
287,000
74,000
497,000
1,530,000
118,000
46,000
1,508,000
1,181,000
54,000
34,979
22,321
235,222
Cash
134,000
520,000
663,000
379,000
768,000
860,000
1,847,000
794,000
475,000
399,000
652,000
134,000
150,624
53,085
48,850
misc current assets
total current assets
32,842,000
31,880,000
32,736,000
34,581,000
641,228,000
261,728,000
46,144,000
48,947,000
47,507,000
46,813,000
45,523,000
41,157,000
31,872,425
20,282,505
16,968,681
total assets
35,341,000
34,495,000
35,416,000
37,196,000
644,015,000
264,328,000
48,629,000
52,950,000
51,548,000
49,190,000
47,720,000
43,341,000
34,010,420
22,453,884
19,204,231
Bank overdraft
413,000
231,000
182,000
355,000
Bank loan
Trade Creditors
27,000
23,000
17,000
9,701
14,232
73,314
Group/Directors Accounts
26,000
606,799,000
211,083,000
5,171,000
14,467,000
15,606,000
17,707,000
20,268,000
18,120,000
10,073,233
1,069,124
other short term finances
hp & lease commitments
other current liabilities
626,000
980,000
1,292,000
929,000
2,211,000
17,650,000
13,207,000
9,545,000
7,758,000
4,708,000
1,861,000
258,000
185,622
132,838
339,709
total current liabilities
1,039,000
980,000
1,523,000
955,000
609,192,000
229,088,000
18,378,000
24,012,000
23,391,000
22,415,000
22,152,000
18,395,000
10,268,556
1,216,194
413,023
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,039,000
980,000
1,523,000
955,000
609,192,000
229,088,000
18,378,000
24,012,000
23,391,000
22,415,000
22,152,000
18,395,000
10,268,556
1,216,194
413,023
net assets
34,302,000
33,515,000
33,893,000
36,241,000
34,823,000
35,240,000
30,251,000
28,938,000
28,157,000
26,775,000
25,568,000
24,946,000
23,741,864
21,237,690
18,791,208
total shareholders funds
34,302,000
33,515,000
33,893,000
36,241,000
34,823,000
35,240,000
30,251,000
28,938,000
28,157,000
26,775,000
25,568,000
24,946,000
23,741,864
21,237,690
18,791,208
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
Dec 2009
Operating Activities
Operating Profit
102,716,730
130,664,344
64,114,558
28,677,817
7,747,821
4,689,000
939,000
227,000
271,000
115,000
805,827
1,582,183
257,566
391,197
871,388
Depreciation
83,000
83,000
77,000
87,000
86,000
60,000
62,000
113,000
78,000
43,000
12,000
41,846
64,171
178,803
Amortisation
45,000
59,000
67,000
70,000
89,000
88,000
71,000
Tax
-1,656,000
-1,067,000
-1,251,000
-1,789,000
-1,437,000
-1,242,000
-225,000
-234,000
-220,000
301,000
1,144,000
Stock
Debtors
1,353,000
-723,000
-2,053,000
-606,331,000
379,665,000
216,571,000
-5,324,000
1,040,000
2,167,000
1,523,000
3,856,000
9,304,737
11,500,843
3,309,589
16,919,831
Creditors
-27,000
27,000
-23,000
6,000
7,299
-4,531
-59,082
73,314
Accruals and Deferred Income
-354,000
-312,000
363,000
-1,282,000
-15,439,000
4,443,000
3,662,000
1,787,000
3,050,000
2,847,000
1,603,000
72,378
52,784
-206,871
339,709
Deferred Taxes & Provisions
Cash flow from operations
99,481,730
130,150,344
65,423,558
632,094,817
-388,618,179
-208,533,000
9,833,000
826,000
1,039,000
1,760,000
-285,173
-7,642,877
-11,153,178
-3,120,174
-15,456,617
Investing Activities
capital expenditure
-7,000
-87,000
-133,000
-58,000
-289,000
-263,000
-83,000
-156,000
-193,000
-243,000
-17,000
-42,375
-302,445
Change in Investments
92
2,111,908
cash flow from investments
-7,000
-87,000
-133,000
-58,000
-289,000
-263,000
-83,000
-156,000
-193,000
-243,000
-17,000
-42,467
-2,414,353
Financing Activities
Bank loans
Group/Directors Accounts
-26,000
-606,773,000
395,716,000
205,912,000
-9,296,000
-1,139,000
-2,101,000
-2,561,000
2,148,000
8,046,767
9,004,109
1,069,124
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2,443,000
-24,000
203,000
36,000
26,000
-2,000
7,000
30,000
43,000
54,000
1,136
16,252,462
interest
1,356,000
477,000
807,000
3,261,000
1,409,000
1,544,000
592,000
758,000
1,288,000
737,000
685,000
983,000
2,246,608
2,055,285
1,667,358
cash flow from financing
3,799,000
453,000
984,000
-603,476,000
397,151,000
207,454,000
-8,697,000
-351,000
-770,000
-1,770,000
2,833,000
9,030,903
11,250,717
3,124,409
17,919,820
cash and cash equivalents
cash
-386,000
-143,000
284,000
-389,000
-92,000
-987,000
1,053,000
319,000
76,000
-253,000
518,000
-16,624
97,539
4,235
48,850
overdraft
413,000
-231,000
231,000
-182,000
-173,000
355,000
change in cash
-799,000
88,000
53,000
-207,000
81,000
-1,342,000
1,053,000
319,000
76,000
-253,000
518,000
-16,624
97,539
4,235
48,850
interbay funding, ltd. 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 interbay funding, ltd.. Get real-time insights into interbay funding, ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for interbay funding, ltd. by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in ME4 area or any other competitors across 12 key performance metrics.
reliance house sun pier, chatham, england, ME4 4ET
Bank
ROYAL BANK OF SCOTLAND(IOM)LTD
Legal Advisor
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interbay funding, ltd. 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 interbay funding, ltd.. Currently there are 0 open charges and 3 have been satisfied in the past.
interbay funding, ltd. 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 INTERBAY FUNDING, LTD.. This can take several minutes, an email will notify you when this has completed.
interbay funding, ltd.Companies House Filings - See Documents
