newgate funding plc
newgate funding plc Company Information
Company Number
05713910
Website
-Registered Address
6th floor 125 london wall, london, EC2Y 5AS
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02070978848
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
newgate funding holdings limited 100%
apex trust nominees no.1 limited 0%
newgate funding plc Estimated Valuation
Pomanda estimates the enterprise value of NEWGATE FUNDING PLC at £136.2m based on a Turnover of £45.6m and 2.99x industry multiple (adjusted for size and gross margin).
newgate funding plc Estimated Valuation
Pomanda estimates the enterprise value of NEWGATE FUNDING PLC at £2b based on an EBITDA of £164.9m and a 12.36x industry multiple (adjusted for size and gross margin).
newgate funding plc Estimated Valuation
Pomanda estimates the enterprise value of NEWGATE FUNDING PLC at £59.1k based on Net Assets of £31k and 1.91x industry multiple (adjusted for liquidity).
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Newgate Funding Plc Overview
Newgate Funding Plc is a live company located in london, EC2Y 5AS with a Companies House number of 05713910. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2006, it's largest shareholder is newgate funding holdings limited with a 100% stake. Newgate Funding Plc is a established, large sized company, Pomanda has estimated its turnover at £45.6m with healthy growth in recent years.
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Newgate Funding Plc Health Check
Pomanda's financial health check has awarded Newgate Funding Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
1 Weak
Size
annual sales of £45.6m, make it larger than the average company (£4.6m)
£45.6m - Newgate Funding Plc
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (3.2%)
4% - Newgate Funding Plc
3.2% - Industry AVG
Production
with a gross margin of 77%, this company has a lower cost of product (61.5%)
77% - Newgate Funding Plc
61.5% - Industry AVG
Profitability
an operating margin of 361.8% make it more profitable than the average company (10.8%)
361.8% - Newgate Funding Plc
10.8% - Industry AVG
Employees
with 201 employees, this is above the industry average (15)
- Newgate Funding Plc
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Newgate Funding Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £226.8k, this is equally as efficient (£227.8k)
- Newgate Funding Plc
£227.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Newgate Funding Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Newgate Funding Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Newgate Funding Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 157 weeks, this is more cash available to meet short term requirements (39 weeks)
157 weeks - Newgate Funding Plc
39 weeks - 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 (58.7%)
100% - Newgate Funding Plc
58.7% - Industry AVG
newgate funding plc Credit Report and Business Information
Newgate Funding Plc Competitor Analysis
Perform a competitor analysis for newgate funding plc by selecting its closest rivals and benchmarking them against 12 key performance metrics.
newgate funding plc Ownership
NEWGATE FUNDING PLC group structure
Newgate Funding Plc has no subsidiary companies.
newgate funding plc directors
Newgate Funding Plc currently has 2 directors. The longest serving directors include Mr Sean Martin (Aug 2015) and Mr Peter Malcolm (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Martin | 59 years | Aug 2015 | - | Director | |
| Mr Peter Malcolm | United Kingdom | 60 years | Jan 2024 | - | Director |
NEWGATE FUNDING PLC financials
Newgate Funding Plc's latest turnover from December 2022 is £45.6 million and the company has net assets of £31 thousand. According to their latest financial statements, we estimate that Newgate Funding Plc has 201 employees and maintains cash reserves of £83.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 45,580,000 | 27,653,000 | 31,028,000 | 40,489,000 | 44,255,000 | 45,878,000 | 47,332,000 | 55,694,000 | 59,826,000 | 64,275,000 | 68,497,000 | 72,652,000 | 77,561,000 | 89,759,000 |
| Other Income Or Grants | 0 | 0 | 314,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,482,000 | 3,979,000 | 7,207,000 | 9,527,000 | 10,388,000 | 8,870,000 | 11,667,000 | 14,397,000 | 17,306,000 | 18,267,000 | 28,924,000 | 38,305,000 | 30,106,000 | 62,252,000 |
| Gross Profit | 35,098,000 | 23,674,000 | 24,135,000 | 30,962,000 | 33,867,000 | 37,008,000 | 35,665,000 | 41,297,000 | 42,520,000 | 46,008,000 | 39,573,000 | 34,347,000 | 47,455,000 | 27,507,000 |
| Admin Expenses | 14,838,000 | 50,946,000 | ||||||||||||
| Operating Profit | 32,617,000 | -23,439,000 | ||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 3,000 | 3,000 | 3,000 | 32,617,000 | -23,439,000 |
| Tax | 0 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -2,000 | -2,000 | -2,000 | -1,000 | 0 |
| Profit After Tax | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 32,616,000 | -23,439,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 32,616,000 | -23,439,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 2 | |||||||||||||
| EBITDA* | 32,617,000 | -23,439,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 682,061,000 | 777,645,000 | 881,212,000 | 979,843,000 | 1,091,692,000 | 1,228,660,000 | 1,353,240,000 | 1,487,096,000 | 1,619,141,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 682,061,000 | 777,645,000 | 881,212,000 | 979,843,000 | 1,091,692,000 | 1,228,660,000 | 1,353,240,000 | 1,487,096,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,744,444,000 | 1,863,655,000 | 1,980,039,000 | 2,116,236,000 | 2,293,489,000 |
| Total Fixed Assets | 682,061,000 | 777,645,000 | 881,212,000 | 979,843,000 | 1,091,692,000 | 1,228,660,000 | 1,353,240,000 | 1,487,096,000 | 1,619,141,000 | 1,744,444,000 | 1,863,655,000 | 1,980,039,000 | 2,116,236,000 | 2,293,489,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,060,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 134,864,000 | 114,267,000 | 149,262,000 | 171,199,000 | 4,560,000 |
| Cash | 83,415,000 | 85,392,000 | 88,435,000 | 94,161,000 | 100,681,000 | 105,701,000 | 172,051,000 | 112,834,000 | 97,119,000 | 102,481,000 | 132,201,000 | 115,056,000 | 76,771,000 | 78,942,000 |
| misc current assets | 95,424,000 | 96,660,000 | 144,745,000 | 114,380,000 | 162,148,000 | 160,519,000 | 154,446,000 | 49,088,000 | 76,652,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 178,839,000 | 182,052,000 | 233,180,000 | 208,541,000 | 262,829,000 | 266,220,000 | 326,497,000 | 161,922,000 | 173,771,000 | 237,345,000 | 246,468,000 | 264,318,000 | 247,970,000 | 283,576,000 |
| total assets | 860,900,000 | 959,697,000 | 1,114,392,000 | 1,188,384,000 | 1,354,521,000 | 1,494,880,000 | 1,679,737,000 | 1,649,018,000 | 1,792,912,000 | 1,981,789,000 | 2,110,123,000 | 2,244,357,000 | 2,364,206,000 | 2,577,065,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,645,000 | 15,415,000 | 0 | 0 | 396,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 27,469,000 | 26,163,000 | 36,030,000 | 35,587,000 | 45,095,000 | 47,215,000 | 113,606,000 | 49,923,000 | 38,304,000 | 16,583,000 | 61,492,000 | 59,301,000 | 23,943,000 | 32,401,000 |
| total current liabilities | 27,469,000 | 26,163,000 | 36,030,000 | 35,587,000 | 45,095,000 | 47,215,000 | 113,606,000 | 49,923,000 | 38,304,000 | 46,228,000 | 76,907,000 | 59,301,000 | 23,943,000 | 32,797,000 |
| loans | 1,666,800,000 | 1,867,010,000 | 2,156,668,000 | 2,305,540,000 | 2,618,800,000 | 2,895,280,000 | 1,566,107,000 | 3,101,962,000 | 3,435,460,000 | 1,935,540,000 | 2,033,196,000 | 2,185,037,000 | 2,340,245,000 | 2,576,866,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,091,000 | 36,856,000 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 833,400,000 | 933,505,000 | 1,078,334,000 | 1,152,770,000 | 1,309,400,000 | 1,447,640,000 | 1,566,107,000 | 1,599,072,000 | 1,754,586,000 | 1,935,540,000 | 2,033,196,000 | 2,185,037,000 | 2,340,245,000 | 2,576,866,000 |
| total liabilities | 860,869,000 | 959,668,000 | 1,114,364,000 | 1,188,357,000 | 1,354,495,000 | 1,494,855,000 | 1,679,713,000 | 1,648,995,000 | 1,792,890,000 | 1,981,768,000 | 2,110,103,000 | 2,244,338,000 | 2,364,188,000 | 2,609,663,000 |
| net assets | 31,000 | 29,000 | 28,000 | 27,000 | 26,000 | 25,000 | 24,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 | 18,000 | -32,598,000 |
| total shareholders funds | 31,000 | 29,000 | 28,000 | 27,000 | 26,000 | 25,000 | 24,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 | 18,000 | -32,598,000 |
| 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 | 32,617,000 | -23,439,000 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -1,000 | -2,000 | -2,000 | -2,000 | -1,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,879,308,000 | -98,614,000 | -151,379,000 | -158,134,000 | -210,688,000 | 2,498,123,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,306,000 | -9,867,000 | 443,000 | -9,508,000 | -2,120,000 | -66,391,000 | 15,592,000 | 22,854,000 | 58,577,000 | -44,909,000 | 2,191,000 | 35,358,000 | -8,458,000 | 32,401,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 234,846,000 | -2,489,161,000 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | |||||||||
| Change in Investments | -95,584,000 | -103,567,000 | -98,631,000 | -111,849,000 | -136,968,000 | -124,580,000 | -133,856,000 | 1,487,096,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,645,000 | 14,230,000 | 15,415,000 | 0 | -396,000 | 396,000 |
| Long term loans | -200,210,000 | -289,658,000 | -148,872,000 | -313,260,000 | -276,480,000 | 1,329,173,000 | -1,535,855,000 | -333,498,000 | 1,499,920,000 | -97,656,000 | -151,841,000 | -155,208,000 | -236,621,000 | 2,576,866,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | -200,210,000 | -289,658,000 | -148,872,000 | -313,260,000 | -276,480,000 | 1,329,173,000 | -1,535,855,000 | -333,498,000 | -83,426,000 | -136,426,000 | -155,208,000 | -237,017,000 | 2,568,103,000 | |
| cash and cash equivalents | ||||||||||||||
| cash | -1,977,000 | -3,043,000 | -5,726,000 | -6,520,000 | -5,020,000 | -66,350,000 | 59,217,000 | 15,715,000 | -5,362,000 | -29,720,000 | 17,145,000 | 38,285,000 | -2,171,000 | 78,942,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,977,000 | -3,043,000 | -5,726,000 | -6,520,000 | -5,020,000 | -66,350,000 | 59,217,000 | 15,715,000 | -5,362,000 | -29,720,000 | 17,145,000 | 38,285,000 | -2,171,000 | 78,942,000 |
P&L
December 2022turnover
45.6m
+65%
operating profit
164.9m
0%
gross margin
77.1%
-10.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
31k
+0.07%
total assets
860.9m
-0.1%
cash
83.4m
-0.02%
net assets
Total assets minus all liabilities
newgate funding plc company details
company number
05713910
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
February 2006
age
18
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
6th floor 125 london wall, london, EC2Y 5AS
last accounts submitted
December 2022
newgate funding 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 found 15 charges/mortgages relating to newgate funding plc. Currently there are 15 open charges and 0 have been satisfied in the past.
newgate funding plc Companies House Filings - See Documents
| date | description | view/download |
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