inter bay financial i limited
inter bay financial i limited Company Information
Company Number
05878146
Next Accounts
Sep 2025
Shareholders
interbay holdings ltd
Group Structure
View All
Industry
Activities of mortgage finance companies
Registered Address
reliance house sun pier, chatham, england, ME4 4ET
Website
http://krbs.cominter bay financial i limited Estimated Valuation
Pomanda estimates the enterprise value of INTER BAY FINANCIAL I LIMITED at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).
inter bay financial i limited Estimated Valuation
Pomanda estimates the enterprise value of INTER BAY FINANCIAL I LIMITED at £0 based on an EBITDA of £0 and a 4.82x industry multiple (adjusted for size and gross margin).
inter bay financial i limited Estimated Valuation
Pomanda estimates the enterprise value of INTER BAY FINANCIAL I LIMITED at £0 based on Net Assets of £-16.1m and 3.6x industry multiple (adjusted for liquidity).
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Inter Bay Financial I Limited Overview
Inter Bay Financial I Limited is a live company located in england, ME4 4ET with a Companies House number of 05878146. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in July 2006, it's largest shareholder is interbay holdings ltd with a 100% stake. Inter Bay Financial I Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Inter Bay Financial I Limited Health Check
There is insufficient data available to calculate a health check for Inter Bay Financial I Limited. Company Health Check FAQs
0 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.3%)
- - Inter Bay Financial I Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Inter Bay Financial I Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Inter Bay Financial I Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Inter Bay Financial I Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Inter Bay Financial I Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 906.5%, this is a higher level of debt than the average (93.2%)
- - Inter Bay Financial I Limited
- - Industry AVG
INTER BAY FINANCIAL I LIMITED financials
Inter Bay Financial I Limited's latest turnover from December 2023 is 0 and the company has net assets of -£16.1 million. According to their latest financial statements, we estimate that Inter Bay Financial I Limited has 1 employee and maintains cash reserves of 0 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 | 16,000 | 27,000 | 44,000 | 45,000 | 42,000 | 61,000 | 110,000 | 71,000 | 28,000 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 193,000 | 307,000 | 370,000 | 323,000 | 287,000 | 451,000 | 505,000 | 488,000 | 556,000 | ||||||
| Gross Profit | -177,000 | -280,000 | -326,000 | -278,000 | -245,000 | -390,000 | -395,000 | -417,000 | -528,000 | ||||||
| Admin Expenses | -417,000 | -528,000 | |||||||||||||
| Operating Profit | -2,365,941 | -11,883,869 | -106 | ||||||||||||
| Interest Payable | 820,000 | 292,000 | 840,000 | 2,280,466 | 2,036,130 | 1,851,266 | |||||||||
| Interest Receivable | 65,000 | 22,000 | 165,000 | 2,107,986 | 2,056,577 | 1,860,864 | |||||||||
| Pre-Tax Profit | 1,841,000 | -270,000 | -177,000 | -280,000 | -326,000 | -278,000 | -245,000 | -396,000 | -395,000 | -417,000 | -528,000 | -675,000 | -2,538,421 | -11,863,422 | 9,492 |
| Tax | 177,000 | 51,000 | 34,000 | 53,000 | 62,000 | 53,000 | 47,000 | 141,000 | 80,000 | -798,000 | 798,000 | ||||
| Profit After Tax | 2,018,000 | -219,000 | -143,000 | -227,000 | -264,000 | -225,000 | -198,000 | -255,000 | -315,000 | -1,215,000 | 270,000 | -675,000 | -2,538,421 | -11,863,422 | 9,492 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 2,018,000 | -219,000 | -143,000 | -227,000 | -264,000 | -225,000 | -198,000 | -255,000 | -315,000 | -1,215,000 | 270,000 | -675,000 | -2,538,421 | -11,863,422 | 9,492 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | -2,365,941 | -11,883,869 | -106 |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 4 | 4 | 4 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4 | 4 | 4 | ||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | 1,825,000 | 1,761,000 | 1,740,000 | 1,724,000 | 1,697,000 | 2,702,000 | 2,656,000 | 2,620,000 | 2,559,000 | 2,450,000 | 2,379,000 | 2,338,000 | 6,577,757 | 6,804,550 | 16,640,830 |
| Misc Debtors | 177,000 | 51,000 | 34,000 | 53,000 | 62,000 | 53,000 | 55,000 | 79,000 | 798,000 | ||||||
| Cash | 13,000 | 8,453 | 39,615 | 30,627 | |||||||||||
| misc current assets | |||||||||||||||
| total current assets | 2,002,000 | 1,812,000 | 1,774,000 | 1,777,000 | 1,759,000 | 2,755,000 | 2,711,000 | 2,699,000 | 2,559,000 | 2,450,000 | 3,177,000 | 2,351,000 | 6,586,210 | 6,844,165 | 16,671,457 |
| total assets | 2,002,000 | 1,812,000 | 1,774,000 | 1,777,000 | 1,759,000 | 2,755,000 | 2,711,000 | 2,699,000 | 2,559,000 | 2,450,000 | 3,177,000 | 2,351,000 | 6,586,214 | 6,844,169 | 16,671,461 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | 18,148,000 | 19,976,000 | 19,719,000 | 19,579,000 | 19,334,000 | 20,066,000 | 19,797,000 | 19,581,000 | 19,192,000 | 18,768,000 | 18,280,000 | 17,724,000 | |||
| other short term finances | 12,378,896 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,000 | 4,588,855 | |||||||||||||
| total current liabilities | 18,148,000 | 19,976,000 | 19,719,000 | 19,579,000 | 19,334,000 | 20,066,000 | 19,797,000 | 19,587,000 | 19,192,000 | 18,768,000 | 18,280,000 | 17,724,000 | 16,967,751 | ||
| loans | 12,378,896 | 12,378,896 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 8,905,451 | 6,624,985 | |||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 21,284,347 | 19,003,881 | |||||||||||||
| total liabilities | 18,148,000 | 19,976,000 | 19,719,000 | 19,579,000 | 19,334,000 | 20,066,000 | 19,797,000 | 19,587,000 | 19,192,000 | 18,768,000 | 18,280,000 | 17,724,000 | 21,284,347 | 19,003,881 | 16,967,751 |
| net assets | -16,146,000 | -18,164,000 | -17,945,000 | -17,802,000 | -17,575,000 | -17,311,000 | -17,086,000 | -16,888,000 | -16,633,000 | -16,318,000 | -15,103,000 | -15,373,000 | -14,698,133 | -12,159,712 | -296,290 |
| total shareholders funds | -16,146,000 | -18,164,000 | -17,945,000 | -17,802,000 | -17,575,000 | -17,311,000 | -17,086,000 | -16,888,000 | -16,633,000 | -16,318,000 | -15,103,000 | -15,373,000 | -14,698,133 | -12,159,712 | -296,290 |
| 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 | -2,365,941 | -11,883,869 | -106 | ||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 177,000 | 51,000 | 34,000 | 53,000 | 62,000 | 53,000 | 47,000 | 141,000 | 80,000 | -798,000 | 798,000 | ||||
| Stock | |||||||||||||||
| Debtors | 190,000 | 38,000 | -3,000 | 18,000 | -996,000 | 44,000 | 12,000 | 140,000 | 109,000 | -727,000 | 839,000 | -4,239,757 | -226,793 | -9,836,280 | 16,640,830 |
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -6,000 | 6,000 | -8,905,451 | 2,280,466 | 2,036,130 | 4,588,855 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -13,000 | 13,000 | -71,000 | -41,000 | -4,665,694 | 141,318 | -11,459 | -12,052,081 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -4 | 4 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,828,000 | 257,000 | 140,000 | 245,000 | -732,000 | 269,000 | 216,000 | 389,000 | 424,000 | 488,000 | 556,000 | 17,724,000 | |||
| Other Short Term Loans | -12,378,896 | 12,378,896 | |||||||||||||
| Long term loans | -12,378,896 | 12,378,896 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -755,000 | -270,000 | -675,000 | -172,480 | 20,447 | 9,598 | |||||||||
| cash flow from financing | -2,583,000 | -13,000 | 140,000 | 245,000 | -732,000 | 269,000 | 216,000 | 389,000 | 424,000 | 488,000 | 556,000 | 4,670,237 | -172,480 | 20,447 | 12,082,712 |
| cash and cash equivalents | |||||||||||||||
| cash | -13,000 | 4,547 | -31,162 | 8,988 | 30,627 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | -13,000 | 4,547 | -31,162 | 8,988 | 30,627 |
inter bay financial i limited Credit Report and Business Information
Inter Bay Financial I Limited Competitor Analysis
Perform a competitor analysis for inter bay financial i limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in ME4 area or any other competitors across 12 key performance metrics.
inter bay financial i limited Ownership
INTER BAY FINANCIAL I LIMITED group structure
Inter Bay Financial I Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
INTER BAY FINANCIAL I LIMITED
05878146
2 subsidiaries
inter bay financial i limited directors
Inter Bay Financial I Limited currently has 3 directors. The longest serving directors include Mr Clive Kornitzer (Dec 2014) and Mr Jonathan Hall (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Kornitzer | England | 60 years | Dec 2014 | - | Director |
| Mr Jonathan Hall | United Kingdom | 56 years | Jul 2022 | - | Director |
| Mr Leigh Centracchio | 47 years | Jan 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-16.1m
-0.11%
total assets
2m
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
inter bay financial i limited company details
company number
05878146
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
5d financial ltd (March 2009)
assured loans finance ltd (September 2006)
accountant
-
auditor
DELOITTE LLP
address
reliance house sun pier, chatham, england, ME4 4ET
Bank
-
Legal Advisor
-
inter bay financial i limited 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 inter bay financial i limited.
inter bay financial i limited 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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inter bay financial i limited Companies House Filings - See Documents
| date | description | view/download |
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