lend fair ltd
lend fair ltd Company Information
Company Number
07975401
Next Accounts
1173 days late
Directors
Shareholders
marcus bamberg
colin babb
View AllGroup Structure
View All
Industry
Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Registered Address
c/o mha macintyre hudson, 6th floor, 2 london wall place, london, EC2Y 5AU
Website
www.lendfair.co.uklend fair ltd Estimated Valuation
Pomanda estimates the enterprise value of LEND FAIR LTD at £223.1k based on a Turnover of £216.2k and 1.03x industry multiple (adjusted for size and gross margin).
lend fair ltd Estimated Valuation
Pomanda estimates the enterprise value of LEND FAIR LTD at £0 based on an EBITDA of £-236.6k and a 3.76x industry multiple (adjusted for size and gross margin).
lend fair ltd Estimated Valuation
Pomanda estimates the enterprise value of LEND FAIR LTD at £0 based on Net Assets of £-614.7k and 2.41x industry multiple (adjusted for liquidity).
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Lend Fair Ltd Overview
Lend Fair Ltd is a live company located in 2 london wall place, EC2Y 5AU with a Companies House number of 07975401. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in March 2012, it's largest shareholder is marcus bamberg with a 99.2% stake. Lend Fair Ltd is a established, micro sized company, Pomanda has estimated its turnover at £216.2k with declining growth in recent years.
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Lend Fair Ltd Health Check
Pomanda's financial health check has awarded Lend Fair Ltd a 2 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
2 Regular
7 Weak
Size
annual sales of £216.2k, make it smaller than the average company (£7.5m)
- Lend Fair Ltd
£7.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (9.8%)
- Lend Fair Ltd
9.8% - Industry AVG
Production
with a gross margin of 28.7%, this company has a comparable cost of product (28.7%)
- Lend Fair Ltd
28.7% - Industry AVG
Profitability
an operating margin of -109.4% make it less profitable than the average company (7.5%)
- Lend Fair Ltd
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (12)
2 - Lend Fair Ltd
12 - Industry AVG
Pay Structure
on an average salary of £53.4k, the company has an equivalent pay structure (£53.4k)
- Lend Fair Ltd
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £108.1k, this is less efficient (£182.6k)
- Lend Fair Ltd
£182.6k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (70 days)
- Lend Fair Ltd
70 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (269 days)
- Lend Fair Ltd
269 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lend Fair Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (7 weeks)
18 weeks - Lend Fair Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 263.6%, this is a higher level of debt than the average (100%)
263.6% - Lend Fair Ltd
100% - Industry AVG
LEND FAIR LTD financials
Lend Fair Ltd's latest turnover from March 2020 is estimated at £216.3 thousand and the company has net assets of -£614.7 thousand. According to their latest financial statements, Lend Fair Ltd has 2 employees and maintains cash reserves of £14.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 377,375 | 212,870 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 155,316 | 76,074 | ||||||
| Gross Profit | 222,059 | 136,796 | ||||||
| Admin Expenses | 338,932 | 342,742 | ||||||
| Operating Profit | -116,873 | -205,946 | ||||||
| Interest Payable | 70,155 | 34,769 | ||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | -187,028 | -240,715 | ||||||
| Tax | ||||||||
| Profit After Tax | -187,028 | -240,715 | ||||||
| Dividends Paid | ||||||||
| Retained Profit | -187,028 | -240,715 | ||||||
| Employee Costs | ||||||||
| Number Of Employees | 2 | 3 | 4 | 8 | 7 | |||
| EBITDA* | -114,365 | -202,548 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 2 | 1,145 | 2,575 | 4,547 | 5,937 | |
| Intangible Assets | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 33,730 | 11,440 | ||||||
| Total Fixed Assets | 502 | 502 | 502 | 1,645 | 3,075 | 38,777 | 17,877 | |
| Stock & work in progress | ||||||||
| Trade Debtors | 2,926 | 1,106 | 1,095 | 265,317 | 164,138 | 1,803 | ||
| Group Debtors | ||||||||
| Misc Debtors | 357,784 | 747,930 | 846,908 | 972,455 | 646,371 | |||
| Cash | 14,500 | 8,542 | 107,271 | 26,354 | 112,638 | 298,462 | 25,837 | 5,358 |
| misc current assets | 103 | 715 | 2,320 | |||||
| total current assets | 375,210 | 757,681 | 955,274 | 998,809 | 759,009 | 564,494 | 192,295 | 7,161 |
| total assets | 375,712 | 758,183 | 955,776 | 1,000,454 | 762,084 | 603,271 | 210,172 | 7,161 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 2,479 | 1,932 | 12,414 | 16,340 | 39,731 | 11,440 | 6,032 | |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 37,917 | 36,281 | 31,669 | 51,717 | 22,919 | |||
| total current liabilities | 40,396 | 36,281 | 33,601 | 64,131 | 39,259 | 39,731 | 11,440 | 6,032 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | 30,312 | |||||||
| other liabilities | 950,000 | 1,100,000 | 1,400,000 | 1,400,000 | 1,000,000 | 600,000 | 325,000 | |
| provisions | ||||||||
| total long term liabilities | 950,000 | 1,100,000 | 1,400,000 | 1,400,000 | 1,000,000 | 600,000 | 355,312 | |
| total liabilities | 990,396 | 1,136,281 | 1,433,601 | 1,464,131 | 1,039,259 | 639,731 | 366,752 | 6,032 |
| net assets | -614,684 | -378,098 | -477,825 | -463,677 | -277,175 | -36,460 | -156,580 | 1,129 |
| total shareholders funds | -614,684 | -378,098 | -477,825 | -463,677 | -277,175 | -36,460 | -156,580 | 1,129 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -116,873 | -205,946 | ||||||
| Depreciation | 1,143 | 2,508 | 3,398 | 3,085 | 1,622 | |||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -388,326 | -98,967 | -124,452 | 326,084 | 347,324 | 123,469 | 173,775 | 1,803 |
| Creditors | 2,479 | -1,932 | -10,482 | -3,926 | -23,391 | 28,291 | 5,408 | 6,032 |
| Accruals and Deferred Income | 1,636 | 4,612 | -20,048 | 28,798 | 22,919 | -30,312 | 30,312 | |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | -415,577 | -550,344 | ||||||
| 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 | -150,000 | -300,000 | 400,000 | 400,000 | 275,000 | 325,000 | ||
| share issue | ||||||||
| interest | -70,155 | -34,769 | ||||||
| cash flow from financing | 330,371 | 365,231 | ||||||
| cash and cash equivalents | ||||||||
| cash | 5,958 | -98,729 | 80,917 | -86,284 | -185,824 | 272,625 | 20,479 | 5,358 |
| overdraft | ||||||||
| change in cash | 5,958 | -98,729 | 80,917 | -86,284 | -185,824 | 272,625 | 20,479 | 5,358 |
lend fair ltd Credit Report and Business Information
Lend Fair Ltd Competitor Analysis
Perform a competitor analysis for lend fair ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
lend fair ltd Ownership
LEND FAIR LTD group structure
Lend Fair Ltd has 1 subsidiary company.
lend fair ltd directors
Lend Fair Ltd currently has 1 director, Mr Colin Babb serving since Jun 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Babb | 67 years | Jun 2013 | - | Director |
P&L
March 2020turnover
216.2k
-28%
operating profit
-236.6k
0%
gross margin
28.8%
-5.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
-614.7k
+0.63%
total assets
375.7k
-0.5%
cash
14.5k
+0.7%
net assets
Total assets minus all liabilities
lend fair ltd company details
company number
07975401
Type
Private limited with Share Capital
industry
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
March 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
c/o mha macintyre hudson, 6th floor, 2 london wall place, london, EC2Y 5AU
Bank
-
Legal Advisor
-
lend fair ltd 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 lend fair ltd.
lend fair 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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lend fair ltd Companies House Filings - See Documents
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