colchester mortgage services limited
colchester mortgage services limited Company Information
Company Number
07806233
Next Accounts
Jul 2025
Directors
Shareholders
richard louis horsnell
samantha margaret horsnell
Group Structure
View All
Industry
Activities of mortgage finance companies
Registered Address
11 chandlers way, south woodham ferrers, essex, CM3 5TB
Website
-colchester mortgage services limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER MORTGAGE SERVICES LIMITED at £11.4k based on a Turnover of £14.9k and 0.77x industry multiple (adjusted for size and gross margin).
colchester mortgage services limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER MORTGAGE SERVICES LIMITED at £0 based on an EBITDA of £-399 and a 3.24x industry multiple (adjusted for size and gross margin).
colchester mortgage services limited Estimated Valuation
Pomanda estimates the enterprise value of COLCHESTER MORTGAGE SERVICES LIMITED at £0 based on Net Assets of £-1.7k and 3.6x industry multiple (adjusted for liquidity).
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Colchester Mortgage Services Limited Overview
Colchester Mortgage Services Limited is a live company located in essex, CM3 5TB with a Companies House number of 07806233. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in October 2011, it's largest shareholder is richard louis horsnell with a 50% stake. Colchester Mortgage Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £14.9k with rapid growth in recent years.
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Colchester Mortgage Services Limited Health Check
Pomanda's financial health check has awarded Colchester Mortgage Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £14.9k, make it smaller than the average company (£5.2m)
- Colchester Mortgage Services Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 162%, show it is growing at a faster rate (6.5%)
- Colchester Mortgage Services Limited
6.5% - Industry AVG
Production
with a gross margin of 6.2%, this company has a higher cost of product (28.4%)
- Colchester Mortgage Services Limited
28.4% - Industry AVG
Profitability
an operating margin of -3.7% make it less profitable than the average company (16.1%)
- Colchester Mortgage Services Limited
16.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Colchester Mortgage Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Colchester Mortgage Services Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £14.9k, this is less efficient (£169.1k)
- Colchester Mortgage Services Limited
£169.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Colchester Mortgage Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (10 days)
- Colchester Mortgage Services Limited
10 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Colchester Mortgage Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (24 weeks)
1 weeks - Colchester Mortgage Services Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 574.4%, this is a higher level of debt than the average (92.1%)
574.4% - Colchester Mortgage Services Limited
92.1% - Industry AVG
COLCHESTER MORTGAGE SERVICES LIMITED financials
Colchester Mortgage Services Limited's latest turnover from October 2023 is estimated at £14.9 thousand and the company has net assets of -£1.7 thousand. According to their latest financial statements, we estimate that Colchester Mortgage Services Limited has 1 employee and maintains cash reserves of £60 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 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 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 303 | 454 | 681 | 908 | 1,210 | 1,614 | 1,494 | 823 | 688 | 269 | 358 | 348 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 303 | 454 | 681 | 908 | 1,210 | 1,614 | 1,494 | 823 | 688 | 269 | 358 | 348 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 3,936 | |||||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 60 | 44 | 90 | 12,490 | 11,938 | 34,584 | 37,410 | 27,242 | 21,325 | 16,414 | 2,964 | 2,059 |
| misc current assets | ||||||||||||
| total current assets | 60 | 44 | 90 | 12,490 | 11,938 | 34,584 | 37,410 | 27,242 | 21,325 | 16,414 | 6,900 | 2,059 |
| total assets | 363 | 498 | 771 | 13,398 | 13,148 | 36,198 | 38,904 | 28,065 | 22,013 | 16,683 | 7,258 | 2,407 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 2,085 | 1,672 | 1,321 | 413 | 7,689 | 13,822 | 16,626 | 13,160 | 12,641 | 11,610 | 6,196 | 2,075 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 2,085 | 1,672 | 1,321 | 413 | 7,689 | 13,822 | 16,626 | 13,160 | 12,641 | 11,610 | 6,196 | 2,075 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 12,500 | |||||||||||
| provisions | 45 | 230 | 307 | |||||||||
| total long term liabilities | 12,545 | 230 | 307 | |||||||||
| total liabilities | 2,085 | 1,672 | 1,321 | 12,958 | 7,919 | 14,129 | 16,626 | 13,160 | 12,641 | 11,610 | 6,196 | 2,075 |
| net assets | -1,722 | -1,174 | -550 | 440 | 5,229 | 22,069 | 22,278 | 14,905 | 9,372 | 5,073 | 1,062 | 332 |
| total shareholders funds | -1,722 | -1,174 | -550 | 440 | 5,229 | 22,069 | 22,278 | 14,905 | 9,372 | 5,073 | 1,062 | 332 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 151 | 227 | 227 | 302 | 404 | 538 | 497 | 274 | 229 | 89 | 120 | 116 |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | -3,936 | 3,936 | ||||||||||
| Creditors | 413 | 351 | 908 | -7,276 | -6,133 | -2,804 | 3,466 | 519 | 1,031 | 5,414 | 4,121 | 2,075 |
| Accruals and Deferred Income | ||||||||||||
| Deferred Taxes & Provisions | -45 | -185 | -77 | 307 | ||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -12,500 | 12,500 | ||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 16 | -46 | -12,400 | 552 | -22,646 | -2,826 | 10,168 | 5,917 | 4,911 | 13,450 | 905 | 2,059 |
| overdraft | ||||||||||||
| change in cash | 16 | -46 | -12,400 | 552 | -22,646 | -2,826 | 10,168 | 5,917 | 4,911 | 13,450 | 905 | 2,059 |
colchester mortgage services limited Credit Report and Business Information
Colchester Mortgage Services Limited Competitor Analysis
Perform a competitor analysis for colchester mortgage services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CM3 area or any other competitors across 12 key performance metrics.
colchester mortgage services limited Ownership
COLCHESTER MORTGAGE SERVICES LIMITED group structure
Colchester Mortgage Services Limited has no subsidiary companies.
Ultimate parent company
COLCHESTER MORTGAGE SERVICES LIMITED
07806233
colchester mortgage services limited directors
Colchester Mortgage Services Limited currently has 1 director, Mr Richard Horsnell serving since Oct 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Horsnell | United Kingdom | 44 years | Oct 2011 | - | Director |
P&L
October 2023turnover
14.9k
+853%
operating profit
-550.7
0%
gross margin
6.2%
-51.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-1.7k
+0.47%
total assets
363
-0.27%
cash
60
+0.36%
net assets
Total assets minus all liabilities
colchester mortgage services limited company details
company number
07806233
Type
Private limited with Share Capital
industry
64922 - Activities of mortgage finance companies
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
11 chandlers way, south woodham ferrers, essex, CM3 5TB
Bank
-
Legal Advisor
-
colchester mortgage services 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 colchester mortgage services limited.
colchester mortgage services 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.
Click to start generating capital raising & share issue transactions for COLCHESTER MORTGAGE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
colchester mortgage services limited Companies House Filings - See Documents
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