Pomanda estimates the enterprise value of FUNDING CIRCLE LTD at £139.2m based on a Turnover of £124.5m and 1.12x industry multiple (adjusted for size and gross margin).
funding circle ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of FUNDING CIRCLE LTD at £0 based on an EBITDA of £-25.8m and a 8x industry multiple (adjusted for size and gross margin).
funding circle ltdEstimated Valuation
£282.6m
Pomanda estimates the enterprise value of FUNDING CIRCLE LTD at £282.6m based on Net Assets of £119.4m and 2.37x industry multiple (adjusted for liquidity).
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Funding Circle LtdOverview
Funding Circle Ltd is a live company located in london, EC4V 4AY with a Companies House number of 06968588. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2009, it's largest shareholder is
funding circle holdings plc
with a 100% stake. Funding Circle Ltd is a established,
mega sized company, Pomanda has estimated its turnover at
£124.5m with
declining
growth in recent years.
Pomanda's financial health check has awarded Funding Circle Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £124.5m, make it larger than the average company (£4.8m)
£124.5m - Funding Circle Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.6%)
-2% - Funding Circle Ltd
6.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Funding Circle Ltd
38.2% - Industry AVG
Profitability
an operating margin of -30.8% make it less profitable than the average company (5.7%)
-30.8% - Funding Circle Ltd
5.7% - Industry AVG
Employees
with 739 employees, this is above the industry average (27)
739 - Funding Circle Ltd
27 - Industry AVG
Pay Structure
on an average salary of £87.8k, the company has a higher pay structure (£54k)
£87.8k - Funding Circle Ltd
£54k - Industry AVG
Efficiency
resulting in sales per employee of £168.5k, this is equally as efficient (£170.9k)
£168.5k - Funding Circle Ltd
£170.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (41 days)
0 days - Funding Circle Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (32 days)
5 days - Funding Circle Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Funding Circle Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 51 weeks, this is more cash available to meet short term requirements (22 weeks)
51 weeks - Funding Circle Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.4%, this is a lower level of debt than the average (62.6%)
45.4% - Funding Circle Ltd
62.6% - Industry AVG
FUNDING CIRCLE LTD financials
EXPORT
Funding Circle Ltd's latest turnover from December 2023 is £124.5 million and the company has net assets of £119.4 million. According to their latest financial statements, Funding Circle Ltd has 739 employees and maintains cash reserves of £96.6 million 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
Turnover
124,500,000
123,600,000
150,000,000
133,300,000
105,700,000
93,600,000
68,400,000
39,300,000
23,803,398
11,845,516
5,339,301
1,925,845
505,594
24,659
Other Income Or Grants
28,200,000
Cost Of Sales
76,972,440
76,353,683
83,762,913
65,963,451
58,748,936
42,794,998
24,405,670
6,036,880
2,581,293
1,169,463
440,098
87,772
15,079
Gross Profit
47,527,560
47,246,317
178,200,000
49,537,087
39,736,549
34,851,064
25,605,002
14,894,330
17,766,518
9,264,223
4,169,838
1,485,747
417,822
9,580
Admin Expenses
85,881,310
82,411,817
139,300,000
61,537,087
63,036,549
48,751,064
26,705,002
28,594,330
35,362,720
19,718,868
8,455,896
5,569,733
1,560,806
527,772
Operating Profit
-38,353,750
-35,165,500
38,900,000
-12,000,000
-23,300,000
-13,900,000
-1,100,000
-13,700,000
-17,596,202
-10,454,645
-4,286,058
-4,083,986
-1,142,984
-518,192
Interest Payable
500,000
600,000
800,000
1,100,000
500,000
400,000
491,014
188,494
Interest Receivable
100,000
400,000
200,000
100,000
200,000
81,196
99,418
91,056
34,152
1,375
193
Pre-Tax Profit
-37,200,000
-32,600,000
38,400,000
-12,500,000
-23,700,000
-14,800,000
-1,500,000
-13,900,000
-18,006,020
-10,546,645
-4,194,965
-4,049,834
-1,141,609
-517,999
Tax
1,700,000
-2,600,000
-200,000
-500,000
1,400,000
1,000,000
600,000
233,788
187,868
Profit After Tax
-35,500,000
-32,600,000
35,800,000
-12,700,000
-24,200,000
-13,400,000
-500,000
-13,300,000
-18,006,020
-10,546,645
-3,961,177
-3,861,966
-1,141,609
-517,999
Dividends Paid
Retained Profit
-35,500,000
-32,600,000
35,800,000
-12,700,000
-24,200,000
-13,400,000
-500,000
-13,300,000
-18,006,020
-10,546,645
-3,961,177
-3,861,966
-1,141,609
-517,999
Employee Costs
64,900,000
59,000,000
55,100,000
47,700,000
43,300,000
42,000,000
26,500,000
21,600,000
15,371,915
7,677,708
3,748,098
1,962,392
464,795
85,547
Number Of Employees
739
683
625
591
589
519
386
311
210
133
70
31
9
5
EBITDA*
-25,753,750
-25,065,500
47,500,000
-3,600,000
-15,800,000
-7,000,000
2,800,000
-11,400,000
-16,769,420
-10,008,367
-4,223,067
-4,042,775
-1,136,187
-516,759
* 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
Tangible Assets
27,200,000
31,600,000
54,500,000
64,000,000
55,900,000
19,600,000
5,500,000
6,800,000
5,320,953
870,140
670,887
401,608
32,946
4,003
Intangible Assets
25,900,000
27,900,000
18,500,000
15,800,000
13,200,000
11,100,000
9,000,000
5,800,000
2,067,070
96,729
90,390
Investments & Other
25,200,000
29,200,000
41,800,000
51,700,000
40,400,000
4
4
2
2
2
1
Debtors (Due After 1 year)
300,000
3,300,000
2,100,000
2,900,000
Total Fixed Assets
53,100,000
59,500,000
73,000,000
79,800,000
69,100,000
30,700,000
14,500,000
12,600,000
7,388,023
966,869
761,277
401,608
32,948
4,004
Stock & work in progress
Trade Debtors
100,000
100,000
1,400,000
900,000
200,000
1,500,000
1,500,000
600,000
254,512
42,579
2,548
1,471
Group Debtors
400,000
5,800,000
2,300,000
100,000
1,600,000
700,000
700,000
641,367
237,386
2,979
2,276
1,000
Misc Debtors
15,200,000
10,300,000
12,200,000
46,600,000
10,700,000
9,100,000
5,300,000
4,500,000
3,944,166
1,197,184
860,497
534,743
55,849
32,249
Cash
96,600,000
100,400,000
99,400,000
15,800,000
14,800,000
10,800,000
14,100,000
10,300,000
9,567,445
8,103,931
7,548,025
6,259,018
1,417,192
174,468
misc current assets
53,300,000
22,000,000
3,900,000
1,500,000
18,200,000
174,520
total current assets
165,600,000
138,600,000
119,200,000
64,800,000
44,000,000
23,000,000
21,600,000
16,100,000
14,407,490
9,755,600
8,414,049
6,797,508
1,474,041
206,717
total assets
218,700,000
198,100,000
192,200,000
144,600,000
113,100,000
53,700,000
36,100,000
28,700,000
21,795,513
10,722,469
9,175,326
7,199,116
1,506,989
210,721
Bank overdraft
Bank loan
Trade Creditors
1,200,000
1,400,000
1,700,000
900,000
1,500,000
1,200,000
1,400,000
600,000
1,167,450
690,930
1,164,795
277,603
114,260
18,707
Group/Directors Accounts
2
1
other short term finances
34,600,000
hp & lease commitments
3,500,000
3,500,000
3,500,000
3,500,000
3,600,000
3,400,000
other current liabilities
58,900,000
32,000,000
35,500,000
32,000,000
27,000,000
15,300,000
7,800,000
4,200,000
3,947,410
1,567,653
321,866
51,847
21,012
total current liabilities
98,200,000
36,900,000
40,700,000
36,400,000
32,100,000
19,900,000
9,200,000
4,800,000
5,114,860
2,258,583
1,164,795
599,469
166,109
39,720
loans
6,600,000
13,000,000
19,200,000
24,800,000
31,900,000
13,500,000
13,500,000
11,000,000
11,000,000
688,100
hp & lease commitments
3,300,000
6,500,000
9,600,000
12,400,000
15,200,000
Accruals and Deferred Income
other liabilities
5,600,000
5,400,000
provisions
2,200,000
2,200,000
1,400,000
1,400,000
1,400,000
1,200,000
800,000
800,000
588,000
231,960
231,960
141,660
total long term liabilities
1,100,000
10,000,000
12,600,000
10,300,000
13,100,000
17,300,000
13,900,000
13,900,000
11,294,000
11,115,980
115,980
70,830
688,100
total liabilities
99,300,000
46,900,000
53,300,000
46,700,000
45,200,000
37,200,000
23,100,000
18,700,000
16,408,860
13,374,563
1,280,775
670,299
166,109
727,820
net assets
119,400,000
151,200,000
138,900,000
97,900,000
67,900,000
16,500,000
13,000,000
10,000,000
5,386,653
-2,652,094
7,894,551
6,528,817
1,340,880
-517,099
total shareholders funds
119,400,000
151,200,000
138,900,000
97,900,000
67,900,000
16,500,000
13,000,000
10,000,000
5,386,653
-2,652,094
7,894,551
6,528,817
1,340,880
-517,099
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
Operating Activities
Operating Profit
-38,353,750
-35,165,500
38,900,000
-12,000,000
-23,300,000
-13,900,000
-1,100,000
-13,700,000
-17,596,202
-10,454,645
-4,286,058
-4,083,986
-1,142,984
-518,192
Depreciation
3,500,000
3,400,000
3,700,000
3,500,000
3,500,000
3,400,000
1,000,000
1,000,000
522,688
317,723
59,061
41,211
6,797
1,433
Amortisation
9,100,000
6,700,000
4,900,000
4,900,000
4,000,000
3,500,000
2,900,000
1,300,000
304,094
128,555
3,930
Tax
1,700,000
-2,600,000
-200,000
-500,000
1,400,000
1,000,000
600,000
233,788
187,868
Stock
Debtors
-200,000
-3,000,000
-28,300,000
36,500,000
-1,200,000
2,600,000
900,000
3,859,955
3,362,896
611,125
327,534
481,641
24,600
32,249
Creditors
-200,000
-300,000
800,000
-600,000
300,000
-200,000
800,000
-567,450
476,520
-473,865
887,192
163,343
95,553
18,707
Accruals and Deferred Income
26,900,000
-3,500,000
3,500,000
5,000,000
11,700,000
7,500,000
3,600,000
252,590
2,379,757
1,567,653
-321,866
270,019
30,835
21,012
Deferred Taxes & Provisions
800,000
200,000
400,000
212,000
356,040
90,300
141,660
Cash flow from operations
2,846,250
-25,065,500
77,500,000
-35,900,000
-2,900,000
-500,000
7,300,000
-14,762,815
-16,919,999
-9,525,704
-3,661,187
-3,761,526
-1,034,399
-509,289
Investing Activities
capital expenditure
-6,200,000
3,400,000
-1,800,000
-19,100,000
-45,900,000
-23,100,000
-5,800,000
-7,511,977
-7,247,936
-651,870
-422,660
-409,873
-35,740
-5,436
Change in Investments
-4,000,000
-12,600,000
-9,900,000
11,300,000
40,400,000
-4
2
1
1
cash flow from investments
-2,200,000
16,000,000
8,100,000
-30,400,000
-86,300,000
-23,100,000
-5,800,000
-7,511,973
-7,247,936
-651,872
-422,660
-409,873
-35,741
-5,437
Financing Activities
Bank loans
Group/Directors Accounts
-2
1
1
Other Short Term Loans
34,600,000
Long term loans
-6,600,000
-6,400,000
-6,200,000
-5,600,000
-7,100,000
18,400,000
2,500,000
11,000,000
-688,100
688,100
Hire Purchase and Lease Commitments
-3,300,000
-3,200,000
-3,100,000
-2,900,000
-2,600,000
18,600,000
other long term liabilities
-5,600,000
200,000
5,400,000
share issue
3,700,000
44,900,000
5,200,000
42,700,000
75,600,000
16,900,000
3,500,000
17,913,347
26,044,767
5,326,911
9,049,903
2,999,588
900
interest
-500,000
-500,000
-400,000
-900,000
-400,000
-200,000
-409,818
-89,076
91,056
34,152
1,375
193
cash flow from financing
22,800,000
35,500,000
800,000
33,700,000
65,500,000
53,000,000
3,100,000
20,213,347
25,634,949
10,910,924
5,417,967
9,084,053
2,312,864
689,194
cash and cash equivalents
cash
-3,800,000
1,000,000
83,600,000
1,000,000
4,000,000
-3,300,000
3,800,000
732,555
1,463,514
555,906
1,289,007
4,841,826
1,242,724
174,468
overdraft
change in cash
-3,800,000
1,000,000
83,600,000
1,000,000
4,000,000
-3,300,000
3,800,000
732,555
1,463,514
555,906
1,289,007
4,841,826
1,242,724
174,468
funding circle 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 funding circle ltd. Get real-time insights into funding circle ltd's credit score, group structure and payment trends.
Perform a competitor analysis for funding circle ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in EC4V area or any other competitors across 12 key performance metrics.
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 funding circle ltd.
funding circle 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.
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funding circle ltdCompanies House Filings - See Documents
