tesco property finance 3 plc
tesco property finance 3 plc Company Information
Company Number
07251526
Next Accounts
Aug 2025
Directors
Shareholders
passaic issuer holdco ltd
intertrust nominees limited
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
1 bartholomew lane, london, EC2N 2AX
Website
http://intertrustgroup.comtesco property finance 3 plc Estimated Valuation
Pomanda estimates the enterprise value of TESCO PROPERTY FINANCE 3 PLC at £70.2m based on a Turnover of £49.9m and 1.41x industry multiple (adjusted for size and gross margin).
tesco property finance 3 plc Estimated Valuation
Pomanda estimates the enterprise value of TESCO PROPERTY FINANCE 3 PLC at £540.8m based on an EBITDA of £111.3m and a 4.86x industry multiple (adjusted for size and gross margin).
tesco property finance 3 plc Estimated Valuation
Pomanda estimates the enterprise value of TESCO PROPERTY FINANCE 3 PLC at £132.7k based on Net Assets of £101.7k and 1.31x industry multiple (adjusted for liquidity).
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Tesco Property Finance 3 Plc Overview
Tesco Property Finance 3 Plc is a live company located in london, EC2N 2AX with a Companies House number of 07251526. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2010, it's largest shareholder is passaic issuer holdco ltd with a 100% stake. Tesco Property Finance 3 Plc is a established, large sized company, Pomanda has estimated its turnover at £49.9m with declining growth in recent years.
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Tesco Property Finance 3 Plc Health Check
Pomanda's financial health check has awarded Tesco Property Finance 3 Plc a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £49.9m, make it larger than the average company (£5.3m)
£49.9m - Tesco Property Finance 3 Plc
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (6.5%)
-5% - Tesco Property Finance 3 Plc
6.5% - Industry AVG
Production
with a gross margin of 0.1%, this company has a higher cost of product (54.9%)
0.1% - Tesco Property Finance 3 Plc
54.9% - Industry AVG
Profitability
an operating margin of 223.2% make it more profitable than the average company (9.1%)
223.2% - Tesco Property Finance 3 Plc
9.1% - Industry AVG
Employees
with 233 employees, this is above the industry average (12)
- Tesco Property Finance 3 Plc
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Tesco Property Finance 3 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £214.1k, this is equally as efficient (£214.9k)
- Tesco Property Finance 3 Plc
£214.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Property Finance 3 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Property Finance 3 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tesco Property Finance 3 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (28 weeks)
0 weeks - Tesco Property Finance 3 Plc
28 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 (70.2%)
100% - Tesco Property Finance 3 Plc
70.2% - Industry AVG
TESCO PROPERTY FINANCE 3 PLC financials
Tesco Property Finance 3 Plc's latest turnover from February 2024 is £49.9 million and the company has net assets of £101.7 thousand. According to their latest financial statements, we estimate that Tesco Property Finance 3 Plc has 233 employees and maintains cash reserves of £97.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | May 2013 | May 2012 | May 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 49,877,718 | 54,344,059 | 58,068,082 | 57,970,934 | 58,040,719 | 55,671,067 | 54,569,639 | 55,505,518 | 57,429,282 | 57,708,109 | 42,884,213 | 60,751,929 | 151,307 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 49,852,557 | 54,339,403 | 58,068,087 | 58,411,604 | 58,263,894 | 55,756,131 | 54,271,736 | 55,501,928 | 57,435,340 | 57,708,746 | 42,879,493 | 60,751,411 | 151,307 | ||
| Gross Profit | 25,161 | 4,656 | -5 | -440,670 | -223,175 | -85,064 | 297,903 | 3,590 | -6,058 | -637 | 4,720 | 518 | |||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 61,478,140 | 57,403,504 | |||||||||||||
| Interest Receivable | 61,932,534 | 57,403,824 | |||||||||||||
| Pre-Tax Profit | 28,123 | 7,693 | 2,996 | -437,670 | -219,939 | -82,064 | 301,502 | 7,162 | -2,385 | 2,872 | 7,623 | 5,227 | 469,224 | 7,830 | 17,364 |
| Tax | -734 | -570 | -570 | -570 | -568 | -570 | -571 | -606 | -595 | -636 | -518 | -1,100 | -792 | -633 | -4,862 |
| Profit After Tax | 27,389 | 7,123 | 2,426 | -438,240 | -220,507 | -82,634 | 300,931 | 6,556 | -2,980 | 2,236 | 7,105 | 4,127 | 468,432 | 7,197 | 12,502 |
| Dividends Paid | 12,502 | ||||||||||||||
| Retained Profit | 27,389 | 7,123 | 2,426 | -438,240 | -220,507 | -82,634 | 300,931 | 6,556 | -2,980 | 2,236 | 7,105 | 4,127 | 468,432 | -5,305 | 12,502 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | May 2013 | May 2012 | May 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 981,388,721 | 997,162,908 | 1,061,234,631 | 890,787,312 | 908,223,886 | 918,699,462 | 922,908,255 | 926,880,995 | 930,776,976 | 934,308,387 | 937,641,737 | 940,203,711 | 943,217,406 | 947,394,669 | 949,870,646 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 981,388,721 | 997,162,908 | 1,061,234,631 | 890,787,312 | 908,223,886 | 918,699,462 | 922,908,255 | 926,880,995 | 930,776,976 | 934,308,387 | 937,641,737 | 940,203,711 | 943,217,406 | 947,394,669 | 949,870,646 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 46,726 | ||||||||||||||
| Group Debtors | 1,547,762 | ||||||||||||||
| Misc Debtors | 43,444 | 51,008 | 50,214 | 50,612 | 43,097 | 54,776 | 71,593 | 71,326 | 70,931 | 63,496 | 63,496 | 51,110 | 52,776 | 38,700 | |
| Cash | 97,398 | 69,807 | 62,721 | 60,295 | 57,831 | 55,209 | 52,090 | 49,078 | 45,687 | 42,157 | 38,274 | 35,159 | 30,282 | 19,266 | 24,866 |
| misc current assets | 129,728,459 | 117,201,815 | 177,975,772 | 167,483,722 | 187,413,104 | 108,875,855 | 135,594,830 | 159,954,361 | 182,295,931 | 151,051,824 | 143,045,448 | 52,935,208 | |||
| total current assets | 140,842 | 120,815 | 112,935 | 129,839,366 | 117,302,743 | 178,085,757 | 167,607,405 | 187,533,508 | 108,992,473 | 135,700,483 | 160,056,131 | 182,382,200 | 151,128,832 | 143,117,490 | 54,546,536 |
| total assets | 981,529,563 | 997,283,723 | 1,061,347,566 | 1,020,626,678 | 1,025,526,629 | 1,096,785,219 | 1,090,515,660 | 1,114,414,503 | 1,039,769,449 | 1,070,008,870 | 1,097,697,868 | 1,122,585,911 | 1,094,346,238 | 1,090,512,159 | 1,004,417,182 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 26,802,456 | 25,982,877 | 25,160,815 | 24,323,587 | 17,869,738 | 10,586,013 | 10,428,030 | 10,666,650 | 10,694,173 | 9,825,391 | 9,646,005 | 10,656,990 | 10,498,041 | 10,315,492 | 1,547,762 |
| hp & lease commitments | |||||||||||||||
| other current liabilities | 44,179 | 51,541 | 50,784 | 105,456,054 | 98,935,040 | 166,781,272 | 156,378,269 | 176,366,683 | 97,804,681 | 125,378,493 | 149,915,763 | 171,237,952 | 140,147,660 | 132,787,299 | 52,978,770 |
| total current liabilities | 26,846,635 | 26,034,418 | 25,211,599 | 129,779,641 | 116,804,778 | 177,367,285 | 166,806,299 | 187,033,333 | 108,498,854 | 135,203,884 | 159,561,768 | 181,894,942 | 150,645,701 | 143,102,791 | 54,526,532 |
| loans | 954,581,265 | 971,175,031 | 1,036,068,816 | 890,782,312 | 908,218,886 | 918,694,462 | 922,903,255 | 926,875,995 | 930,771,976 | 934,303,387 | 937,636,737 | 940,198,711 | 943,212,406 | 947,389,669 | 949,865,646 |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 954,581,265 | 971,175,031 | 1,036,068,816 | 890,782,312 | 908,218,886 | 918,694,462 | 922,903,255 | 926,875,995 | 930,771,976 | 934,303,387 | 937,636,737 | 940,198,711 | 943,212,406 | 947,389,669 | 949,865,646 |
| total liabilities | 981,427,900 | 997,209,449 | 1,061,280,415 | 1,020,561,953 | 1,025,023,664 | 1,096,061,747 | 1,089,709,554 | 1,113,909,328 | 1,039,270,830 | 1,069,507,271 | 1,097,198,505 | 1,122,093,653 | 1,093,858,107 | 1,090,492,460 | 1,004,392,178 |
| net assets | 101,663 | 74,274 | 67,151 | 64,725 | 502,965 | 723,472 | 806,106 | 505,175 | 498,619 | 501,599 | 499,363 | 492,258 | 488,131 | 19,699 | 25,004 |
| total shareholders funds | 101,663 | 74,274 | 67,151 | 64,725 | 502,965 | 723,472 | 806,106 | 505,175 | 498,619 | 501,599 | 499,363 | 492,258 | 488,131 | 19,699 | 25,004 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | May 2013 | May 2012 | May 2011 | Jul 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -734 | -570 | -570 | -570 | -568 | -570 | -571 | -606 | -595 | -636 | -518 | -1,100 | -792 | -633 | -4,862 |
| Stock | |||||||||||||||
| Debtors | -7,564 | 794 | -398 | 7,515 | -11,679 | -16,817 | 267 | 395 | 7,435 | 12,386 | 4,384 | -6,050 | -1,533,686 | 1,586,462 | |
| Creditors | |||||||||||||||
| Accruals and Deferred Income | -7,362 | 757 | -105,405,270 | 6,521,014 | -67,846,232 | 10,403,003 | -19,988,414 | 78,562,002 | -27,573,812 | -24,537,270 | -21,322,189 | 31,090,292 | 7,360,361 | 79,808,529 | 52,978,770 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 4,284,146 | 4,046,653 | 3,822,323 | 3,610,430 | 2,539,393 | 2,433,064 | 3,086,354 | 2,915,260 | 1,396,455 | -951,266,625 | |||||
| Change in Investments | -15,774,187 | -64,071,723 | 170,447,319 | -17,436,574 | -10,475,576 | -4,208,793 | -3,972,740 | -3,895,981 | -3,531,411 | -3,333,350 | -2,561,974 | -3,013,695 | -4,177,263 | -2,475,977 | 949,870,646 |
| cash flow from investments | 15,774,187 | 64,071,723 | -170,447,319 | 17,436,574 | 10,475,576 | 8,492,939 | 8,019,393 | 7,718,304 | 7,141,841 | 5,872,743 | 4,995,038 | 6,100,049 | 7,092,523 | 3,872,432 | -1,901,137,271 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 819,579 | 822,062 | 837,228 | 6,453,849 | 7,283,725 | 157,983 | -238,620 | -27,523 | 868,782 | 179,386 | -1,010,985 | 158,949 | 182,549 | 8,767,730 | 1,547,762 |
| Long term loans | -16,593,766 | -64,893,785 | 145,286,504 | -17,436,574 | -10,475,576 | -4,208,793 | -3,972,740 | -3,895,981 | -3,531,411 | -3,333,350 | -2,561,974 | -3,013,695 | -4,177,263 | -2,475,977 | 949,865,646 |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 454,394 | 320 | |||||||||||||
| cash flow from financing | -15,774,187 | -64,071,723 | 146,123,732 | -10,982,725 | -3,191,851 | -4,050,810 | -4,211,360 | -3,923,504 | -2,662,629 | -3,153,964 | -3,572,959 | -2,854,746 | -3,540,320 | 6,292,073 | 951,425,910 |
| cash and cash equivalents | |||||||||||||||
| cash | 27,591 | 7,086 | 2,426 | 2,464 | 2,622 | 3,119 | 3,012 | 3,391 | 3,530 | 3,883 | 3,115 | 4,877 | 11,016 | -5,600 | 24,866 |
| overdraft | |||||||||||||||
| change in cash | 27,591 | 7,086 | 2,426 | 2,464 | 2,622 | 3,119 | 3,012 | 3,391 | 3,530 | 3,883 | 3,115 | 4,877 | 11,016 | -5,600 | 24,866 |
tesco property finance 3 plc Credit Report and Business Information
Tesco Property Finance 3 Plc Competitor Analysis
Perform a competitor analysis for tesco property finance 3 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
tesco property finance 3 plc Ownership
TESCO PROPERTY FINANCE 3 PLC group structure
Tesco Property Finance 3 Plc has no subsidiary companies.
Ultimate parent company
INTERTRUST GROUP BV
#0175528
2 parents
TESCO PROPERTY FINANCE 3 PLC
07251526
tesco property finance 3 plc directors
Tesco Property Finance 3 Plc currently has 1 director, Mr Muhammad Khan serving since Mar 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Muhammad Khan | United Kingdom | 37 years | Mar 2024 | - | Director |
P&L
February 2024turnover
49.9m
-8%
operating profit
111.3m
0%
gross margin
0.1%
+488.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
101.7k
+0.37%
total assets
981.5m
-0.02%
cash
97.4k
+0.4%
net assets
Total assets minus all liabilities
tesco property finance 3 plc company details
company number
07251526
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
May 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
HSBC BANK PLC
Legal Advisor
-
tesco property finance 3 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 1 charges/mortgages relating to tesco property finance 3 plc. Currently there are 1 open charges and 0 have been satisfied in the past.
tesco property finance 3 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 TESCO PROPERTY FINANCE 3 PLC. This can take several minutes, an email will notify you when this has completed.
tesco property finance 3 plc Companies House Filings - See Documents
| date | description | view/download |
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