secured lending limited
secured lending limited Company Information
Company Number
09033656
Next Accounts
96 days late
Shareholders
jeannette skinner
mnl nominees limited
View AllGroup Structure
View All
Industry
Production of electricity
Registered Address
level 4 ldn:w, 3 noble street, london, EC2V 7EE
Website
www.armstrongenergy.co.uksecured lending limited Estimated Valuation
Pomanda estimates the enterprise value of SECURED LENDING LIMITED at £329.9k based on a Turnover of £204k and 1.62x industry multiple (adjusted for size and gross margin).
secured lending limited Estimated Valuation
Pomanda estimates the enterprise value of SECURED LENDING LIMITED at £338.4k based on an EBITDA of £73.7k and a 4.59x industry multiple (adjusted for size and gross margin).
secured lending limited Estimated Valuation
Pomanda estimates the enterprise value of SECURED LENDING LIMITED at £4.8m based on Net Assets of £1.8m and 2.63x industry multiple (adjusted for liquidity).
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Secured Lending Limited Overview
Secured Lending Limited is a live company located in london, EC2V 7EE with a Companies House number of 09033656. It operates in the production of electricity sector, SIC Code 35110. Founded in May 2014, it's largest shareholder is jeannette skinner with a 17.3% stake. Secured Lending Limited is a established, micro sized company, Pomanda has estimated its turnover at £204k with unknown growth in recent years.
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Secured Lending Limited Health Check
Pomanda's financial health check has awarded Secured Lending Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £204k, make it smaller than the average company (£1.5m)
£204k - Secured Lending Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Secured Lending Limited
- - Industry AVG
Production
with a gross margin of 60.5%, this company has a comparable cost of product (69.3%)
60.5% - Secured Lending Limited
69.3% - Industry AVG
Profitability
an operating margin of 36.1% make it less profitable than the average company (46.8%)
36.1% - Secured Lending Limited
46.8% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Secured Lending Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Secured Lending Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £51k, this is less efficient (£404.5k)
£51k - Secured Lending Limited
£404.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Secured Lending Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 136 days, this is slower than average (22 days)
136 days - Secured Lending Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Secured Lending Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Secured Lending Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.7%, this is a lower level of debt than the average (89.9%)
40.7% - Secured Lending Limited
89.9% - Industry AVG
SECURED LENDING LIMITED financials
Secured Lending Limited's latest turnover from March 2023 is £204 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Secured Lending Limited has 4 employees and maintains cash reserves of £79.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 204,035 | ||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 80,655 | ||||||||
| Gross Profit | 123,380 | ||||||||
| Admin Expenses | 49,691 | ||||||||
| Operating Profit | 73,689 | ||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 73,689 | ||||||||
| Tax | -14,124 | ||||||||
| Profit After Tax | 59,565 | ||||||||
| Dividends Paid | |||||||||
| Retained Profit | 59,565 | ||||||||
| Employee Costs | |||||||||
| Number Of Employees | 4 | ||||||||
| EBITDA* | 73,689 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 200,000 | ||||||||
| Total Fixed Assets | 200,000 | ||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 2,347,457 | 2,290,773 | 2,447,467 | 4,697,689 | 4,774,245 | ||||
| Group Debtors | |||||||||
| Misc Debtors | 3,028,473 | 2,882,472 | 3,514,064 | 3,339,663 | |||||
| Cash | 79,688 | 364,673 | 19,729 | 204,310 | 33,138 | 2,971 | 1,539 | 3,429,729 | 186,243 |
| misc current assets | |||||||||
| total current assets | 3,108,161 | 3,247,145 | 3,533,793 | 3,543,973 | 2,380,595 | 2,293,744 | 2,449,006 | 8,127,418 | 4,960,488 |
| total assets | 3,108,161 | 3,447,145 | 3,533,793 | 3,543,973 | 2,380,595 | 2,293,744 | 2,449,006 | 8,127,418 | 4,960,488 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 30,066 | 4,649 | 2,273,573 | 2,293,699 | 2,448,675 | 8,121,217 | 4,956,882 | ||
| Group/Directors Accounts | |||||||||
| other short term finances | 953,240 | 752,009 | 671,120 | 1,946,358 | |||||
| hp & lease commitments | |||||||||
| other current liabilities | 282,797 | 319,788 | 340,296 | 282,651 | |||||
| total current liabilities | 1,266,103 | 1,071,797 | 1,016,065 | 2,229,009 | 2,273,573 | 2,293,699 | 2,448,675 | 8,121,217 | 4,956,882 |
| loans | 690,237 | 990,237 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 690,237 | 990,237 | |||||||
| total liabilities | 1,266,103 | 1,762,034 | 2,006,302 | 2,229,009 | 2,273,573 | 2,293,699 | 2,448,675 | 8,121,217 | 4,956,882 |
| net assets | 1,842,058 | 1,685,111 | 1,527,491 | 1,314,964 | 107,022 | 45 | 331 | 6,201 | 3,606 |
| total shareholders funds | 1,842,058 | 1,685,111 | 1,527,491 | 1,314,964 | 107,022 | 45 | 331 | 6,201 | 3,606 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 73,689 | ||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -14,124 | ||||||||
| Stock | |||||||||
| Debtors | -53,999 | -431,592 | 174,401 | 992,206 | 56,684 | -156,694 | -2,250,222 | -76,556 | 4,774,245 |
| Creditors | 30,066 | -4,649 | 4,649 | -2,273,573 | -20,126 | -154,976 | -5,672,542 | 3,164,335 | 4,956,882 |
| Accruals and Deferred Income | -36,991 | -20,508 | 57,645 | 282,651 | |||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 106,639 | ||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | 201,231 | 80,889 | -1,275,238 | 1,946,358 | |||||
| Long term loans | -690,237 | -300,000 | 990,237 | ||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | -391,624 | ||||||||
| cash and cash equivalents | |||||||||
| cash | -284,985 | 344,944 | -184,581 | 171,172 | 30,167 | 1,432 | -3,428,190 | 3,243,486 | 186,243 |
| overdraft | |||||||||
| change in cash | -284,985 | 344,944 | -184,581 | 171,172 | 30,167 | 1,432 | -3,428,190 | 3,243,486 | 186,243 |
secured lending limited Credit Report and Business Information
Secured Lending Limited Competitor Analysis
Perform a competitor analysis for secured lending limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in EC2V area or any other competitors across 12 key performance metrics.
secured lending limited Ownership
SECURED LENDING LIMITED group structure
Secured Lending Limited has no subsidiary companies.
Ultimate parent company
SECURED LENDING LIMITED
09033656
secured lending limited directors
Secured Lending Limited currently has 3 directors. The longest serving directors include Mr Michael Hughes (Mar 2019) and Mr Richard Taylor (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hughes | England | 50 years | Mar 2019 | - | Director |
| Mr Richard Taylor | England | 65 years | Nov 2021 | - | Director |
| Mr Richard Sloper | England | 49 years | Jun 2024 | - | Director |
P&L
March 2023turnover
204k
0%
operating profit
73.7k
0%
gross margin
60.5%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.8m
+0.09%
total assets
3.1m
-0.1%
cash
79.7k
-0.78%
net assets
Total assets minus all liabilities
secured lending limited company details
company number
09033656
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
armstrong secured lending limited (March 2020)
armstrong bridging limited (August 2018)
accountant
-
auditor
LUBBOCK FINE LLP
address
level 4 ldn:w, 3 noble street, london, EC2V 7EE
Bank
-
Legal Advisor
-
secured 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 secured lending limited.
secured 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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secured lending limited Companies House Filings - See Documents
| date | description | view/download |
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