target lending limited
target lending limited Company Information
Company Number
07645731
Next Accounts
40 days late
Shareholders
richard byrne
Group Structure
View All
Industry
Financial leasing
Registered Address
10 south parade, bawtry, DN10 6JH
Website
www.targetlending.co.uktarget lending limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET LENDING LIMITED at £762.5k based on a Turnover of £506k and 1.51x industry multiple (adjusted for size and gross margin).
target lending limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET LENDING LIMITED at £0 based on an EBITDA of £-540 and a 5.95x industry multiple (adjusted for size and gross margin).
target lending limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET LENDING LIMITED at £0 based on Net Assets of £-27.2k and 2x industry multiple (adjusted for liquidity).
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Target Lending Limited Overview
Target Lending Limited is a live company located in bawtry, DN10 6JH with a Companies House number of 07645731. It operates in the financial leasing sector, SIC Code 64910. Founded in May 2011, it's largest shareholder is richard byrne with a 100% stake. Target Lending Limited is a established, small sized company, Pomanda has estimated its turnover at £506k with high growth in recent years.
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Target Lending Limited Health Check
Pomanda's financial health check has awarded Target Lending Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
3 Weak
Size
annual sales of £506k, make it smaller than the average company (£3.1m)
- Target Lending Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (-1.8%)
- Target Lending Limited
-1.8% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
- Target Lending Limited
56.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (33.1%)
- Target Lending Limited
33.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (8)
1 - Target Lending Limited
8 - Industry AVG
Pay Structure
on an average salary of £67.8k, the company has an equivalent pay structure (£67.8k)
- Target Lending Limited
£67.8k - Industry AVG
Efficiency
resulting in sales per employee of £506k, this is equally as efficient (£506k)
- Target Lending Limited
£506k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Target Lending Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Target Lending Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Target Lending Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Target Lending Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Target Lending Limited
- - Industry AVG
TARGET LENDING LIMITED financials
Target Lending Limited's latest turnover from May 2023 is estimated at £506 thousand and the company has net assets of -£27.2 thousand. According to their latest financial statements, Target Lending Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | ||||||||||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,589 | 1,589 | 4,200 | |||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 510 | |||||||||||
| Cash | 1,489 | 1,585 | 14,300 | 6,654 | 13,787 | 13,786 | 10,702 | |||||
| misc current assets | ||||||||||||
| total current assets | 3,078 | 3,174 | 14,810 | 6,654 | 13,787 | 13,786 | 14,902 | |||||
| total assets | 3,078 | 3,174 | 14,810 | 6,654 | 13,787 | 13,786 | 14,902 | |||||
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 61 | 61 | 115 | 420 | 7,089 | 7,088 | 8,212 | |||||
| Group/Directors Accounts | 6,669 | 6,669 | ||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 27,181 | 29,691 | 29,691 | 23,099 | 465 | |||||||
| total current liabilities | 27,181 | 29,752 | 29,752 | 29,883 | 7,554 | 7,089 | 7,088 | 8,212 | ||||
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 465 | 465 | 420 | |||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | 465 | 465 | 420 | |||||||||
| total liabilities | 27,181 | 29,752 | 29,752 | 29,883 | 7,554 | 7,554 | 7,553 | 8,632 | ||||
| net assets | -27,181 | -26,674 | -26,578 | -15,073 | -900 | 6,233 | 6,233 | 6,270 | ||||
| total shareholders funds | -27,181 | -26,674 | -26,578 | -15,073 | -900 | 6,233 | 6,233 | 6,270 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | ||||||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -1,589 | 1,079 | 510 | -4,200 | 4,200 | |||||||
| Creditors | -61 | -54 | -305 | -6,669 | 1 | -1,124 | 8,212 | |||||
| Accruals and Deferred Income | -2,510 | 6,592 | 22,634 | 45 | 420 | |||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -6,669 | 6,669 | ||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -1,489 | -96 | -12,715 | 7,646 | -7,133 | 1 | 3,084 | 10,702 | ||||
| overdraft | ||||||||||||
| change in cash | -1,489 | -96 | -12,715 | 7,646 | -7,133 | 1 | 3,084 | 10,702 |
target lending limited Credit Report and Business Information
Target Lending Limited Competitor Analysis
Perform a competitor analysis for target lending limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in DN10 area or any other competitors across 12 key performance metrics.
target lending limited Ownership
TARGET LENDING LIMITED group structure
Target Lending Limited has no subsidiary companies.
Ultimate parent company
TARGET LENDING LIMITED
07645731
target lending limited directors
Target Lending Limited currently has 2 directors. The longest serving directors include Mr Richard Byrne (May 2011) and Mrs Julie Byrne (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Byrne | 59 years | May 2011 | - | Director | |
| Mrs Julie Byrne | England | 62 years | Apr 2015 | - | Director |
P&L
May 2023turnover
506k
+9675%
operating profit
-540.5
0%
gross margin
56.8%
-9.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-27.2k
+0.02%
total assets
0
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
target lending limited company details
company number
07645731
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
10 south parade, bawtry, DN10 6JH
Bank
-
Legal Advisor
-
target lending 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 target lending limited.
target lending 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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target lending limited Companies House Filings - See Documents
| date | description | view/download |
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