Pomanda estimates the enterprise value of FUNDING CIRCLE HOLDINGS PLC at £148.9m based on a Turnover of £168.2m and 0.89x industry multiple (adjusted for size and gross margin).
funding circle holdings plcEstimated Valuation
£0
Pomanda estimates the enterprise value of FUNDING CIRCLE HOLDINGS PLC at £0 based on an EBITDA of £-22.9m and a 6.48x industry multiple (adjusted for size and gross margin).
funding circle holdings plcEstimated Valuation
£526.4m
Pomanda estimates the enterprise value of FUNDING CIRCLE HOLDINGS PLC at £526.4m based on Net Assets of £246.8m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Funding Circle Holdings PlcOverview
Funding Circle Holdings Plc is a live company located in london, EC4V 4AY with a Companies House number of 07123934. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2010, it's largest shareholder is
a f aktieselskabet
with a 39.5% stake. Funding Circle Holdings Plc is a established,
mega sized company, Pomanda has estimated its turnover at
£168.2m with
low
growth in recent years.
Pomanda's financial health check has awarded Funding Circle Holdings Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £168.2m, make it larger than the average company (£4.8m)
£168.2m - Funding Circle Holdings Plc
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.6%)
3% - Funding Circle Holdings Plc
6.6% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (38.3%)
17% - Funding Circle Holdings Plc
38.3% - Industry AVG
Profitability
an operating margin of -23.5% make it less profitable than the average company (5.7%)
-23.5% - Funding Circle Holdings Plc
5.7% - Industry AVG
Employees
with 959 employees, this is above the industry average (27)
959 - Funding Circle Holdings Plc
27 - Industry AVG
Pay Structure
on an average salary of £98.4k, the company has a higher pay structure (£54k)
£98.4k - Funding Circle Holdings Plc
£54k - Industry AVG
Efficiency
resulting in sales per employee of £175.4k, this is equally as efficient (£171.4k)
£175.4k - Funding Circle Holdings Plc
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (42 days)
0 days - Funding Circle Holdings Plc
42 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
6 days - Funding Circle Holdings Plc
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Funding Circle Holdings Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 97 weeks, this is more cash available to meet short term requirements (22 weeks)
97 weeks - Funding Circle Holdings Plc
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.9%, this is a lower level of debt than the average (62.5%)
33.9% - Funding Circle Holdings Plc
62.5% - Industry AVG
FUNDING CIRCLE HOLDINGS PLC financials
EXPORT
Funding Circle Holdings Plc's latest turnover from December 2023 is £168.2 million and the company has net assets of £246.8 million. According to their latest financial statements, Funding Circle Holdings Plc has 959 employees and maintains cash reserves of £221.4 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
168,200,000
155,800,000
206,900,000
155,700,000
177,300,000
141,900,000
94,500,000
50,900,000
31,958,291
13,102,417
5,355,055
1,926,655
505,594
24,659
Other Income Or Grants
Cost Of Sales
139,631,656
129,043,340
174,393,992
130,373,265
147,109,440
118,261,005
78,394,659
42,054,665
11,887,439
3,033,122
1,179,158
440,098
87,772
Gross Profit
28,568,344
26,756,660
32,506,008
25,326,735
30,190,560
23,638,995
16,105,341
8,845,335
20,070,852
10,069,295
4,175,897
1,486,557
417,822
24,659
Admin Expenses
68,119,719
20,983,410
-31,693,992
131,626,735
114,890,560
74,438,995
53,005,341
56,745,335
59,794,069
29,636,704
9,387,866
5,574,220
1,560,806
542,851
Operating Profit
-39,551,375
5,773,250
64,200,000
-106,300,000
-84,700,000
-50,800,000
-36,900,000
-47,900,000
-39,723,217
-19,567,409
-5,211,969
-4,087,663
-1,142,984
-518,192
Interest Payable
1,100,000
1,400,000
1,200,000
1,000,000
158,159
221,988
181,654
Interest Receivable
100,000
400,000
1,800,000
900,000
600,000
700,000
217,270
205,929
1,375
193
Pre-Tax Profit
-33,200,000
-12,900,000
64,100,000
-108,100,000
-84,200,000
-50,900,000
-36,300,000
-47,200,000
-39,537,991
-19,408,871
-5,338,806
-4,275,499
-1,323,263
-517,999
Tax
-5,100,000
6,000,000
-2,900,000
-200,000
-500,000
1,400,000
1,000,000
600,000
-39,425
233,788
187,868
Profit After Tax
-38,300,000
-6,900,000
61,200,000
-108,300,000
-84,700,000
-49,500,000
-35,300,000
-46,600,000
-39,577,416
-19,408,871
-5,105,018
-4,087,631
-1,323,263
-517,999
Dividends Paid
Retained Profit
-38,300,000
-6,900,000
61,200,000
-108,300,000
-84,700,000
-49,500,000
-35,300,000
-46,600,000
-39,577,416
-19,408,871
-5,105,018
-4,087,631
-1,323,263
-517,999
Employee Costs
94,400,000
85,900,000
77,700,000
89,500,000
90,300,000
84,800,000
60,500,000
51,400,000
27,458,818
11,178,617
4,030,574
1,962,392
464,795
85,547
Number Of Employees
959
893
804
911
510
954
719
601
484
182
75
31
9
5
EBITDA*
-22,851,375
22,773,250
82,000,000
-89,100,000
-69,800,000
-38,300,000
-30,100,000
-43,700,000
-38,282,126
-19,076,623
-5,064,254
-4,051,174
-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
36,500,000
76,100,000
139,100,000
85,900,000
53,900,000
25,500,000
5,000,000
6,300,000
6,406,732
2,685,919
674,668
401,606
32,946
4,003
Intangible Assets
26,300,000
35,500,000
24,900,000
24,400,000
34,900,000
63,800,000
57,500,000
53,100,000
39,303,498
9,624,136
9,087,472
Investments & Other
33,400,000
56,200,000
120,900,000
57,200,000
14,900,000
300,000
300,000
1,200,000
1,759,673
1,581,827
Debtors (Due After 1 year)
1,400,000
10,300,000
4,100,000
Total Fixed Assets
62,800,000
104,700,000
164,000,000
110,300,000
88,800,000
89,300,000
62,500,000
59,400,000
45,710,230
12,310,055
9,762,140
401,606
32,946
4,003
Stock & work in progress
Trade Debtors
400,000
400,000
1,800,000
1,600,000
900,000
4,800,000
1,700,000
900,000
512,417
42,579
2,548
1,471
Group Debtors
Misc Debtors
20,000,000
16,100,000
23,200,000
65,400,000
32,700,000
18,200,000
11,700,000
10,900,000
8,065,156
4,744,969
916,095
535,293
55,849
32,249
Cash
221,400,000
177,700,000
224,000,000
103,300,000
164,500,000
333,000,000
88,900,000
43,300,000
86,327,737
34,994,909
19,363,178
7,288,966
1,527,192
195,671
misc current assets
68,600,000
85,100,000
152,900,000
501,600,000
4,700,000
3,100,000
1,300,000
4,588,615
2,918,390
total current assets
310,400,000
279,300,000
401,900,000
671,900,000
906,700,000
360,700,000
105,400,000
56,400,000
99,493,925
42,700,847
20,281,821
7,825,730
1,583,041
227,920
total assets
373,200,000
384,000,000
565,900,000
782,200,000
995,500,000
450,000,000
167,900,000
115,800,000
145,204,155
55,010,902
30,043,961
8,227,336
1,615,987
231,923
Bank overdraft
171,200,000
Bank loan
54,700,000
265,800,000
Trade Creditors
2,400,000
2,500,000
3,700,000
2,100,000
3,200,000
2,800,000
2,400,000
1,600,000
2,185,862
1,075,829
682,463
306,394
114,260
18,707
Group/Directors Accounts
other short term finances
23,700,000
140,300,000
294,300,000
348,700,000
2,743,870
hp & lease commitments
7,200,000
7,200,000
6,900,000
7,300,000
8,500,000
5,000,000
other current liabilities
53,400,000
30,300,000
36,100,000
40,700,000
19,600,000
20,300,000
11,700,000
9,600,000
9,503,661
2,558,588
1,672,807
687,463
205,180
21,012
total current liabilities
117,700,000
63,700,000
187,000,000
515,600,000
645,800,000
28,100,000
14,100,000
11,200,000
11,689,523
6,378,287
2,355,270
993,857
319,440
39,719
loans
15,200,000
70,400,000
180,400,000
95,600,000
59,600,000
40,200,000
2,246,573
2,236,849
hp & lease commitments
5,400,000
12,600,000
17,000,000
23,500,000
29,800,000
20,100,000
Accruals and Deferred Income
other liabilities
1,575,419
provisions
2,200,000
2,200,000
1,400,000
2,400,000
1,800,000
1,600,000
800,000
800,000
588,000
231,960
231,960
141,660
total long term liabilities
8,700,000
36,300,000
90,900,000
49,000,000
30,700,000
20,900,000
400,000
400,000
294,000
1,691,399
115,980
2,317,403
2,236,849
total liabilities
126,400,000
100,000,000
277,900,000
564,600,000
676,500,000
49,000,000
14,500,000
11,600,000
11,983,523
8,069,686
2,471,250
3,311,260
2,556,289
39,719
net assets
246,800,000
284,000,000
288,000,000
217,600,000
319,000,000
401,000,000
153,400,000
104,200,000
133,220,632
46,941,216
27,572,711
4,916,076
-940,302
192,204
total shareholders funds
246,800,000
284,000,000
288,000,000
217,600,000
319,000,000
401,000,000
153,400,000
104,200,000
133,220,632
46,941,216
27,572,711
4,916,076
-940,302
192,204
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
-39,551,375
5,773,250
64,200,000
-106,300,000
-84,700,000
-50,800,000
-36,900,000
-47,900,000
-39,723,217
-19,567,409
-5,211,969
-4,087,663
-1,142,984
-518,192
Depreciation
4,300,000
5,100,000
5,900,000
9,000,000
7,800,000
6,400,000
1,600,000
1,400,000
759,132
362,231
143,785
36,489
6,797
1,433
Amortisation
12,400,000
11,900,000
11,900,000
8,200,000
7,100,000
6,100,000
5,200,000
2,800,000
681,959
128,555
3,930
Tax
-5,100,000
6,000,000
-2,900,000
-200,000
-500,000
1,400,000
1,000,000
600,000
-39,425
233,788
187,868
Stock
Debtors
-5,000,000
-2,300,000
-37,900,000
33,400,000
10,600,000
9,600,000
1,600,000
3,222,427
3,790,025
3,868,905
381,879
480,915
23,600
32,249
Creditors
-100,000
-1,200,000
1,600,000
-1,100,000
400,000
400,000
800,000
-585,862
1,110,033
393,366
376,069
192,134
95,553
18,707
Accruals and Deferred Income
23,100,000
-5,800,000
-4,600,000
21,100,000
-700,000
8,600,000
2,100,000
96,339
6,945,073
885,781
985,344
482,283
184,168
21,012
Deferred Taxes & Provisions
800,000
-1,000,000
600,000
200,000
800,000
212,000
356,040
90,300
141,660
Cash flow from operations
48,625
24,873,250
113,000,000
-102,100,000
-81,000,000
-36,700,000
-27,800,000
-46,599,950
-33,700,430
-21,666,381
-3,760,632
-3,528,144
-880,066
-509,289
Investing Activities
capital expenditure
32,100,000
35,400,000
-71,500,000
-38,700,000
-14,400,000
-39,300,000
-9,900,000
-17,889,770
-34,841,266
-3,038,701
-9,508,249
-405,149
-35,740
-5,436
Change in Investments
-22,800,000
-64,700,000
63,700,000
42,300,000
14,600,000
-900,000
-559,673
177,846
1,581,827
cash flow from investments
54,900,000
100,100,000
-135,200,000
-81,000,000
-29,000,000
-39,300,000
-9,000,000
-17,330,097
-35,019,112
-4,620,528
-9,508,249
-405,149
-35,740
-5,436
Financing Activities
Bank loans
54,700,000
-265,800,000
265,800,000
Group/Directors Accounts
Other Short Term Loans
-23,700,000
-116,600,000
-154,000,000
-54,400,000
348,700,000
-2,743,870
2,743,870
Long term loans
-55,200,000
-110,000,000
84,800,000
36,000,000
19,400,000
40,200,000
-2,246,573
9,724
2,236,849
Hire Purchase and Lease Commitments
-7,200,000
-4,100,000
-6,900,000
-7,500,000
13,200,000
25,100,000
other long term liabilities
-1,575,419
1,575,419
share issue
1,100,000
2,900,000
9,200,000
6,900,000
2,700,000
297,100,000
84,500,000
17,579,368
125,856,832
38,777,376
27,761,653
9,944,009
190,757
710,203
interest
-1,000,000
-1,000,000
600,000
-100,000
600,000
700,000
217,270
205,929
-158,159
-221,988
-180,279
193
cash flow from financing
-30,300,000
-227,800,000
-67,900,000
-285,800,000
650,400,000
362,300,000
85,100,000
18,279,368
121,754,813
43,302,594
25,356,921
9,731,745
2,247,327
710,396
cash and cash equivalents
cash
43,700,000
-46,300,000
120,700,000
-61,200,000
-168,500,000
244,100,000
45,600,000
-43,027,737
51,332,828
15,631,731
12,074,212
5,761,774
1,331,521
195,671
overdraft
-171,200,000
171,200,000
change in cash
43,700,000
-46,300,000
291,900,000
-232,400,000
-168,500,000
244,100,000
45,600,000
-43,027,737
51,332,828
15,631,731
12,074,212
5,761,774
1,331,521
195,671
funding circle holdings plc 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 holdings plc. Get real-time insights into funding circle holdings plc's credit score, group structure and payment trends.
Perform a competitor analysis for funding circle holdings plc 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.
funding circle holdings plc Ownership
FUNDING CIRCLE HOLDINGS PLC group structure
Funding Circle Holdings Plc has 4 subsidiary companies.
The largest shareholders in Funding Circle Holdings Plc include A F Aktieselskabet and Index Ventures Growth Ii (Jersey) Lp.
a f aktieselskabet
39.53%
index ventures growth ii (jersey) lp
37.58%
accel london iii
22.89%
funding circle holdings plc directors
Funding Circle Holdings Plc currently has 8 directors.
The longest serving directors include
Mr Andrew Learoyd (Feb 2010) and
Mr Neil Rimer (Mar 2011).
82990 - Other business support service activities n.e.c.
incorporation date
January 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Interim
last accounts submitted
July 2024
previous names
funding circle holdings limited (September 2018)
accountant
-
auditor
-
address
71 queen victoria street, london, EC4V 4AY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
funding circle holdings 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 funding circle holdings plc.
funding circle holdings 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.
Click to start generating capital raising & share issue transactions for FUNDING CIRCLE HOLDINGS PLC. This can take several minutes, an email will notify you when this has completed.
funding circle holdings plcCompanies House Filings - See Documents
