Pomanda estimates the enterprise value of MORTGAGE LIGHT LTD at £2.6m based on a Turnover of £2.3m and 1.16x industry multiple (adjusted for size and gross margin).
mortgage light ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MORTGAGE LIGHT LTD at £0 based on an EBITDA of £-29.2k and a 4.21x industry multiple (adjusted for size and gross margin).
mortgage light ltdEstimated Valuation
£273.4k
Pomanda estimates the enterprise value of MORTGAGE LIGHT LTD at £273.4k based on Net Assets of £221.7k and 1.23x industry multiple (adjusted for liquidity).
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Mortgage Light LtdOverview
Mortgage Light Ltd is a live company located in brackley, NN13 7DH with a Companies House number of 08184773. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 2012, it's largest shareholder is
siobhan ivy holbrook
with a 100% stake. Mortgage Light Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£2.3m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mortgage Light Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £2.3m, make it smaller than the average company (£5.1m)
£2.3m - Mortgage Light Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.8%)
10% - Mortgage Light Ltd
6.8% - Industry AVG
Production
with a gross margin of 56.1%, this company has a comparable cost of product (56.1%)
56.1% - Mortgage Light Ltd
56.1% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (9.4%)
-1.4% - Mortgage Light Ltd
9.4% - Industry AVG
Employees
with 22 employees, this is above the industry average (12)
22 - Mortgage Light Ltd
12 - Industry AVG
Pay Structure
on an average salary of £79.4k, the company has an equivalent pay structure (£79.4k)
£79.4k - Mortgage Light Ltd
£79.4k - Industry AVG
Efficiency
resulting in sales per employee of £103.7k, this is less efficient (£213.2k)
£103.7k - Mortgage Light Ltd
£213.2k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (32 days)
1 days - Mortgage Light Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (41 days)
6 days - Mortgage Light Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mortgage Light Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 125 weeks, this is more cash available to meet short term requirements (28 weeks)
125 weeks - Mortgage Light Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (69.3%)
24.7% - Mortgage Light Ltd
69.3% - Industry AVG
MORTGAGE LIGHT LTD financials
EXPORT
Mortgage Light Ltd's latest turnover from March 2024 is estimated at £2.3 million and the company has net assets of £221.7 thousand. According to their latest financial statements, Mortgage Light Ltd has 22 employees and maintains cash reserves of £173 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Turnover
2,281,339
2,174,868
1,966,067
1,699,240
1,635,658
1,248,593
1,041,951
809,988
231,841
249,159
42,675
15,925
Other Income Or Grants
Cost Of Sales
1,001,497
905,467
776,347
674,829
631,352
497,590
416,864
312,150
80,921
85,958
15,752
6,061
Gross Profit
1,279,843
1,269,401
1,189,721
1,024,411
1,004,306
751,003
625,087
497,839
150,920
163,201
26,923
9,864
Admin Expenses
1,312,722
1,608,446
1,012,575
1,025,864
881,492
591,263
515,246
457,560
117,711
156,238
-1,901
-18,802
Operating Profit
-32,879
-339,045
177,146
-1,453
122,814
159,740
109,841
40,279
33,209
6,963
28,824
28,666
Interest Payable
Interest Receivable
10,007
11,258
1,763
165
184
946
627
348
369
334
268
69
Pre-Tax Profit
-22,873
-327,787
178,909
-1,288
122,998
160,685
110,468
40,628
33,579
7,297
29,092
28,734
Tax
-33,993
-23,370
-30,530
-20,989
-8,125
-6,716
-1,532
-6,691
-6,896
Profit After Tax
-22,873
-327,787
144,916
-1,288
99,628
130,155
89,479
32,502
26,863
5,765
22,401
21,838
Dividends Paid
Retained Profit
-22,873
-327,787
144,916
-1,288
99,628
130,155
89,479
32,502
26,863
5,765
22,401
21,838
Employee Costs
1,746,622
1,551,825
1,391,314
1,235,799
1,106,615
819,988
592,364
438,560
121,449
116,272
59,249
57,417
Number Of Employees
22
21
19
18
16
12
9
7
2
2
1
1
EBITDA*
-29,210
-334,809
184,957
7,244
132,329
165,513
114,937
44,942
36,663
7,947
29,046
28,666
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Tangible Assets
6,827
6,469
6,169
8,897
13,164
13,012
9,680
8,527
8,735
2,477
1,541
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,827
6,469
6,169
8,897
13,164
13,012
9,680
8,527
8,735
2,477
1,541
Stock & work in progress
Trade Debtors
7,685
38,736
20,363
22,539
35,570
35,377
19,709
26,011
23,835
32,306
2,217
Group Debtors
55,440
270,124
Misc Debtors
51,593
51,335
32,141
297,984
281,752
187,922
187,980
39,605
9,973
Cash
173,040
208,160
321,611
148,414
182,040
185,948
66,204
184,576
93,874
53,887
79,712
27,468
misc current assets
total current assets
287,758
298,231
644,239
468,937
499,362
409,247
273,893
250,192
127,682
86,193
81,929
27,468
total assets
294,585
304,700
650,408
477,834
512,526
422,259
283,573
258,719
136,417
88,670
83,470
27,468
Bank overdraft
Bank loan
Trade Creditors
18,455
14,419
27,364
4,853
7,429
8,389
38,566
39,131
5,530
Group/Directors Accounts
4
6
2,450
other short term finances
hp & lease commitments
other current liabilities
52,959
44,474
47,063
45,538
76,366
84,767
84,625
149,250
59,450
total current liabilities
71,418
58,899
76,877
50,391
83,795
93,156
84,625
149,250
59,450
38,566
39,131
5,530
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,468
1,229
1,172
total long term liabilities
1,468
1,229
1,172
total liabilities
72,886
60,128
78,049
50,391
83,795
93,156
84,625
149,250
59,450
38,566
39,131
5,530
net assets
221,699
244,572
572,359
427,443
428,731
329,103
198,948
109,469
76,967
50,104
44,339
21,938
total shareholders funds
221,699
244,572
572,359
427,443
428,731
329,103
198,948
109,469
76,967
50,104
44,339
21,938
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Operating Activities
Operating Profit
-32,879
-339,045
177,146
-1,453
122,814
159,740
109,841
40,279
33,209
6,963
28,824
28,666
Depreciation
3,669
4,236
7,811
8,697
9,515
5,773
5,096
4,663
3,454
984
222
Amortisation
Tax
-33,993
-23,370
-30,530
-20,989
-8,125
-6,716
-1,532
-6,691
-6,896
Stock
Debtors
24,647
-232,557
2,105
3,201
94,023
15,610
142,073
31,808
1,502
30,089
2,217
Creditors
4,036
-12,945
22,511
-2,576
-960
8,389
-38,566
-565
33,601
5,530
Accruals and Deferred Income
8,485
-2,589
1,525
-30,828
-8,401
142
-64,625
89,800
59,450
Deferred Taxes & Provisions
239
57
1,172
Cash flow from operations
-41,097
-117,729
174,067
-29,361
5,575
127,904
-112,750
94,809
49,329
-24,239
53,739
27,300
Investing Activities
capital expenditure
-4,027
-4,536
-5,083
-4,430
-9,667
-9,105
-6,249
-4,455
-9,712
-1,920
-1,763
Change in Investments
cash flow from investments
-4,027
-4,536
-5,083
-4,430
-9,667
-9,105
-6,249
-4,455
-9,712
-1,920
-1,763
Financing Activities
Bank loans
Group/Directors Accounts
-2
-2,444
2,450
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
10,007
11,258
1,763
165
184
946
627
348
369
334
268
69
cash flow from financing
10,005
8,814
4,213
165
184
946
627
348
369
334
268
169
cash and cash equivalents
cash
-35,120
-113,451
173,197
-33,626
-3,908
119,744
-118,372
90,702
39,987
-25,825
52,244
27,468
overdraft
change in cash
-35,120
-113,451
173,197
-33,626
-3,908
119,744
-118,372
90,702
39,987
-25,825
52,244
27,468
mortgage light ltd 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 mortgage light ltd. Get real-time insights into mortgage light ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mortgage light ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NN13 area or any other competitors across 12 key performance metrics.
mortgage light ltd Ownership
MORTGAGE LIGHT LTD group structure
Mortgage Light Ltd has no subsidiary companies.
Ultimate parent company
MORTGAGE LIGHT LTD
08184773
MORTGAGE LIGHT LTD Shareholders
The sole shareholder of Mortgage Light Ltd is Siobhan Ivy Holbrook.
siobhan ivy holbrook
100%
mortgage light ltd directors
Mortgage Light Ltd currently has 1 director, Mrs Siobhan Holbrook serving since Aug 2012.
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
August 2012
age
13
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BLENCOWES
auditor
-
address
15 high street, brackley, NN13 7DH
Bank
-
Legal Advisor
-
mortgage light 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 mortgage light ltd.
mortgage light 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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mortgage light ltdCompanies House Filings - See Documents
