Pomanda estimates the enterprise value of UK MORTGAGE LENDING LTD at £358.2m based on a Turnover of £190.7m and 1.88x industry multiple (adjusted for size and gross margin).
uk mortgage lending ltdEstimated Valuation
£4.2b
Pomanda estimates the enterprise value of UK MORTGAGE LENDING LTD at £4.2b based on an EBITDA of £586.4m and a 7.2x industry multiple (adjusted for size and gross margin).
uk mortgage lending ltdEstimated Valuation
£233m
Pomanda estimates the enterprise value of UK MORTGAGE LENDING LTD at £233m based on Net Assets of £98.1m and 2.38x industry multiple (adjusted for liquidity).
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Uk Mortgage Lending LtdOverview
Uk Mortgage Lending Ltd is a live company located in cardiff, CF10 4BZ with a Companies House number of 08698121. It operates in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in September 2013, it's largest shareholder is
pepper money (pmb) limited
with a 100% stake. Uk Mortgage Lending Ltd is a established,
mega sized company, Pomanda has estimated its turnover at
£190.7m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Uk Mortgage Lending Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
2 Regular
3 Weak
Size
annual sales of £190.7m, make it larger than the average company (£16.1m)
£190.7m - Uk Mortgage Lending Ltd
£16.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (17.4%)
68% - Uk Mortgage Lending Ltd
17.4% - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (17%)
13% - Uk Mortgage Lending Ltd
17% - Industry AVG
Profitability
an operating margin of 307.4% make it more profitable than the average company (5.3%)
307.4% - Uk Mortgage Lending Ltd
5.3% - Industry AVG
Employees
with 449 employees, this is above the industry average (16)
449 - Uk Mortgage Lending Ltd
16 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Uk Mortgage Lending Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £424.6k, this is equally as efficient (£425.3k)
£424.6k - Uk Mortgage Lending Ltd
£425.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (55 days)
0 days - Uk Mortgage Lending Ltd
55 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (155 days)
26 days - Uk Mortgage Lending Ltd
155 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Uk Mortgage Lending Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (5 weeks)
3 weeks - Uk Mortgage Lending Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a similar level of debt than the average (100%)
96.7% - Uk Mortgage Lending Ltd
100% - Industry AVG
UK MORTGAGE LENDING LTD financials
EXPORT
Uk Mortgage Lending Ltd's latest turnover from December 2023 is £190.7 million and the company has net assets of £98.1 million. According to their latest financial statements, we estimate that Uk Mortgage Lending Ltd has 449 employees and maintains cash reserves of £20.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Turnover
190,656,000
129,322,000
55,170,000
40,225,000
41,510,000
24,018,000
19,926,000
8,262,000
4,266,000
30,000
Other Income Or Grants
24,357,000
13,931,000
Cost Of Sales
190,201,000
95,923,000
36,784,000
26,978,000
26,433,000
21,538,000
8,199,000
3,688,000
2,214,000
15,000
Gross Profit
24,812,000
47,330,000
18,386,000
13,247,000
15,077,000
2,480,000
11,727,000
4,574,000
2,052,000
15,000
Admin Expenses
-561,191,956
-301,086,633
-59,209,819
-43,616,256
-65,703,851
-48,151,325
-16,945,018
3,425,050
3,804,045
2,423,277
Operating Profit
586,003,956
348,416,633
77,595,819
56,863,256
80,780,851
50,631,325
28,672,018
1,148,950
-1,752,045
-2,408,277
Interest Payable
Interest Receivable
Pre-Tax Profit
-31,393,000
-889,000
892,000
-5,879,000
1,959,000
-7,869,000
4,674,000
-1,400,000
-2,316,000
-2,598,000
Tax
5,174,000
-2,003,000
-582,000
1,114,000
-211,000
916,000
-816,000
1,050,000
Profit After Tax
-26,219,000
-2,892,000
310,000
-4,765,000
1,748,000
-6,953,000
3,858,000
-350,000
-2,316,000
-2,598,000
Dividends Paid
Retained Profit
-26,219,000
-2,892,000
310,000
-4,765,000
1,748,000
-6,953,000
3,858,000
-350,000
-2,316,000
-2,598,000
Employee Costs
4,833,000
8,246,000
7,515,000
7,093,000
4,434,000
3,827,000
2,985,000
1,926,000
Number Of Employees
449
366
151
152
140
120
88
74
55
28
EBITDA*
586,425,956
349,019,633
78,277,819
57,582,256
81,375,851
50,875,325
28,892,018
1,807,950
-1,464,045
-2,302,277
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Tangible Assets
2,903,775,000
3,101,632,000
3,274,000
3,917,000
4,366,000
407,855,000
331,673,000
4,923,000
2,176,000
867,000
Intangible Assets
1,563,000
2,108,000
Investments & Other
2,897,549,000
3,099,003,000
406,091,000
330,781,000
1,410,000
195,000
Debtors (Due After 1 year)
5,390,000
1,936,000
Total Fixed Assets
2,905,338,000
3,103,740,000
3,274,000
3,917,000
4,366,000
407,855,000
331,673,000
4,923,000
2,176,000
867,000
Stock & work in progress
Trade Debtors
392,000
220,000
768,000
75,000
1,000
35,000
54,000
2,000
Group Debtors
5,585,000
885,000
36,000
4,527,000
321,000
695,000
737,000
Misc Debtors
5,198,000
1,049,000
543,000
513,000
387,000
230,000
242,000
91,000
436,000
108,000
Cash
20,606,000
19,419,000
26,650,000
8,018,000
88,939,000
73,158,000
39,673,000
767,000
1,848,000
1,409,000
misc current assets
1,851,679,000
720,161,000
702,081,000
138,550,000
23,588,000
8,232,000
3,175,000
659,000
total current assets
31,781,000
20,688,000
1,880,525,000
728,767,000
793,047,000
211,973,000
68,084,000
9,411,000
6,154,000
2,915,000
total assets
2,937,119,000
3,124,428,000
1,883,799,000
732,684,000
797,413,000
619,828,000
399,757,000
14,334,000
8,330,000
3,782,000
Bank overdraft
Bank loan
Trade Creditors
13,580,000
2,923,000
4,878,000
6,369,000
Group/Directors Accounts
43,835,000
38,302,000
other short term finances
255,321,000
301,365,000
1,781,215,000
690,991,000
226,971,000
198,685,000
93,878,000
hp & lease commitments
860,000
388,000
other current liabilities
16,850,000
9,281,000
3,064,000
3,214,000
8,560,000
11,537,000
2,831,000
1,391,000
1,587,000
434,000
total current liabilities
330,446,000
352,259,000
1,789,157,000
700,574,000
235,531,000
210,222,000
96,709,000
1,391,000
1,587,000
434,000
loans
5,015,592,000
5,330,364,000
1,104,226,000
817,694,000
608,482,000
36,414,000
11,657,000
5,946,000
hp & lease commitments
1,195,000
1,982,000
Accruals and Deferred Income
other liabilities
provisions
1,618,000
3,502,000
total long term liabilities
2,508,605,000
2,666,933,000
552,113,000
408,847,000
304,241,000
18,207,000
11,657,000
5,946,000
total liabilities
2,839,051,000
3,019,192,000
1,789,157,000
700,574,000
787,644,000
619,069,000
400,950,000
19,598,000
13,244,000
6,380,000
net assets
98,068,000
105,236,000
94,642,000
32,110,000
9,769,000
759,000
-1,193,000
-5,264,000
-4,914,000
-2,598,000
total shareholders funds
98,068,000
105,236,000
94,642,000
32,110,000
9,769,000
759,000
-1,193,000
-5,264,000
-4,914,000
-2,598,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Operating Activities
Operating Profit
586,003,956
348,416,633
77,595,819
56,863,256
80,780,851
50,631,325
28,672,018
1,148,950
-1,752,045
-2,408,277
Depreciation
247,000
251,000
682,000
719,000
595,000
244,000
220,000
659,000
288,000
106,000
Amortisation
175,000
352,000
Tax
5,174,000
-2,003,000
-582,000
1,114,000
-211,000
916,000
-816,000
1,050,000
Stock
Debtors
13,360,000
1,009,000
1,608,000
164,000
159,000
-4,558,000
4,411,000
-719,000
284,000
847,000
Creditors
10,657,000
-1,955,000
-1,491,000
6,369,000
Accruals and Deferred Income
7,569,000
6,217,000
-150,000
-5,346,000
-2,977,000
8,706,000
1,440,000
-196,000
1,153,000
434,000
Deferred Taxes & Provisions
-1,884,000
3,502,000
Cash flow from operations
594,581,956
353,771,633
74,446,819
59,555,256
78,028,851
65,055,325
25,105,018
3,380,950
-595,045
-2,715,277
Investing Activities
capital expenditure
197,980,000
-3,101,069,000
-39,000
-270,000
402,894,000
-76,426,000
-326,970,000
-3,406,000
-1,597,000
-973,000
Change in Investments
-201,454,000
3,099,003,000
-406,091,000
75,310,000
330,781,000
-1,410,000
1,215,000
195,000
cash flow from investments
399,434,000
-6,200,072,000
-39,000
-270,000
808,985,000
-151,736,000
-657,751,000
-1,996,000
-2,812,000
-1,168,000
Financing Activities
Bank loans
Group/Directors Accounts
5,533,000
38,302,000
Other Short Term Loans
-46,044,000
-1,479,850,000
1,090,224,000
464,020,000
28,286,000
104,807,000
93,878,000
Long term loans
-314,772,000
5,330,364,000
-1,104,226,000
286,532,000
209,212,000
572,068,000
24,757,000
5,711,000
5,946,000
Hire Purchase and Lease Commitments
-315,000
2,370,000
other long term liabilities
share issue
19,051,000
13,486,000
62,222,000
27,106,000
7,262,000
8,905,000
213,000
interest
cash flow from financing
-336,547,000
3,904,672,000
1,152,446,000
-613,100,000
322,080,000
322,924,000
666,159,000
24,757,000
5,711,000
5,946,000
cash and cash equivalents
cash
1,187,000
-7,231,000
18,632,000
-80,921,000
15,781,000
33,485,000
38,906,000
-1,081,000
439,000
1,409,000
overdraft
change in cash
1,187,000
-7,231,000
18,632,000
-80,921,000
15,781,000
33,485,000
38,906,000
-1,081,000
439,000
1,409,000
uk mortgage lending 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 uk mortgage lending ltd. Get real-time insights into uk mortgage lending ltd's credit score, group structure and payment trends.
Perform a competitor analysis for uk mortgage lending ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in CF10 area or any other competitors across 12 key performance metrics.
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
RED HOT AUSTRALIA HOLDCO PTY LTD
accounts
Full Accounts
last accounts submitted
December 2023
previous names
optimum credit limited (January 2022)
accountant
-
auditor
DELOITTE LLP
address
4 capital quarter, tyndall street, cardiff, CF10 4BZ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
uk mortgage lending 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 uk mortgage lending ltd.
uk mortgage lending 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.
Click to start generating capital raising & share issue transactions for UK MORTGAGE LENDING LTD. This can take several minutes, an email will notify you when this has completed.
uk mortgage lending ltdCompanies House Filings - See Documents
