alternative bridging (uk 1) limited Company Information
Company Number
09265635
Next Accounts
Jun 2025
Shareholders
alternative bridging corporation ltd
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
1st floor healthaid house, marlborough hill, harrow, middlesex, HA1 1UD
Website
alternativebridging.co.ukalternative bridging (uk 1) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE BRIDGING (UK 1) LIMITED at £26.1m based on a Turnover of £19.9m and 1.31x industry multiple (adjusted for size and gross margin).
alternative bridging (uk 1) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE BRIDGING (UK 1) LIMITED at £17.1m based on an EBITDA of £3.8m and a 4.53x industry multiple (adjusted for size and gross margin).
alternative bridging (uk 1) limited Estimated Valuation
Pomanda estimates the enterprise value of ALTERNATIVE BRIDGING (UK 1) LIMITED at £3.3m based on Net Assets of £2.5m and 1.34x industry multiple (adjusted for liquidity).
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Alternative Bridging (uk 1) Limited Overview
Alternative Bridging (uk 1) Limited is a live company located in harrow, HA1 1UD with a Companies House number of 09265635. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in October 2014, it's largest shareholder is alternative bridging corporation ltd with a 100% stake. Alternative Bridging (uk 1) Limited is a established, mid sized company, Pomanda has estimated its turnover at £19.9m with rapid growth in recent years.
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Alternative Bridging (uk 1) Limited Health Check
Pomanda's financial health check has awarded Alternative Bridging (Uk 1) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
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5 Strong
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2 Regular
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2 Weak
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Size
annual sales of £19.9m, make it larger than the average company (£4.7m)
£19.9m - Alternative Bridging (uk 1) Limited
£4.7m - Industry AVG
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Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (3.8%)
34% - Alternative Bridging (uk 1) Limited
3.8% - Industry AVG
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Production
with a gross margin of 19.2%, this company has a higher cost of product (56.9%)
19.2% - Alternative Bridging (uk 1) Limited
56.9% - Industry AVG
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Profitability
an operating margin of 19% make it more profitable than the average company (10%)
19% - Alternative Bridging (uk 1) Limited
10% - Industry AVG
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Employees
with 97 employees, this is above the industry average (13)
- Alternative Bridging (uk 1) Limited
13 - Industry AVG
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Pay Structure
on an average salary of £77.4k, the company has an equivalent pay structure (£77.4k)
- Alternative Bridging (uk 1) Limited
£77.4k - Industry AVG
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Efficiency
resulting in sales per employee of £205k, this is equally as efficient (£205.6k)
- Alternative Bridging (uk 1) Limited
£205.6k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Alternative Bridging (uk 1) Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Alternative Bridging (uk 1) Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Alternative Bridging (uk 1) Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 295 weeks, this is more cash available to meet short term requirements (30 weeks)
295 weeks - Alternative Bridging (uk 1) Limited
30 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (68.9%)
98.5% - Alternative Bridging (uk 1) Limited
68.9% - Industry AVG
ALTERNATIVE BRIDGING (UK 1) LIMITED financials
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Alternative Bridging (Uk 1) Limited's latest turnover from September 2023 is £19.9 million and the company has net assets of £2.5 million. According to their latest financial statements, we estimate that Alternative Bridging (Uk 1) Limited has 97 employees and maintains cash reserves of £10.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 19,883,582 | 10,997,853 | 7,937,716 | 8,345,499 | 6,275,297 | 4,134,103 | 2,754,090 | 2,095,911 | 537,727 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 16,059,331 | 9,110,547 | 6,703,545 | 7,208,350 | 5,510,025 | 3,466,618 | 2,330,285 | 1,875,931 | 567,554 |
Gross Profit | 3,824,251 | 1,887,306 | 1,234,171 | 1,137,149 | 765,272 | 667,485 | 423,805 | 219,980 | -29,827 |
Admin Expenses | 53,853 | 52,543 | 73,562 | 38,881 | 85,892 | 112,645 | 38,218 | 26,014 | 11,461 |
Operating Profit | 3,770,398 | 1,834,763 | 1,160,609 | 1,098,268 | 679,380 | 554,840 | 385,587 | 193,966 | -41,288 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 3,770,398 | 1,834,763 | 1,160,609 | 1,098,268 | 679,380 | 554,840 | 385,587 | 193,966 | -41,288 |
Tax | -332,153 | -189,932 | -220,516 | -17,733 | 0 | -102,916 | -75,184 | -38,793 | 0 |
Profit After Tax | 3,438,245 | 1,644,831 | 940,093 | 1,080,535 | 679,380 | 451,924 | 310,403 | 155,173 | -41,288 |
Dividends Paid | 2,578,000 | 1,130,000 | 705,000 | 385,000 | 925,000 | 150,000 | 315,000 | 0 | 0 |
Retained Profit | 860,245 | 514,831 | 235,093 | 695,535 | -245,620 | 301,924 | -4,597 | 155,173 | -41,288 |
Employee Costs | |||||||||
Number Of Employees | |||||||||
EBITDA* | 3,770,398 | 1,834,763 | 1,160,609 | 1,098,268 | 679,380 | 554,840 | 385,587 | 193,966 | -41,288 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 31,597,777 | 15,043,846 | 7,942,260 | 10,364,005 | 3,870,159 | 0 | 140,238 | 1,017,111 | 489,067 |
Total Fixed Assets | 31,597,777 | 15,043,846 | 7,942,260 | 10,364,005 | 3,870,159 | 0 | 140,238 | 1,017,111 | 489,067 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 1,814,255 | 479,758 | 0 | 98,220 | 16,152 | 64,600 | 250,900 | 6,900 | 0 |
Misc Debtors | 124,884,688 | 92,569,288 | 65,608,310 | 61,805,920 | 52,630,637 | 39,504,701 | 23,461,307 | 15,490,675 | 11,488,047 |
Cash | 10,368,354 | 7,342,405 | 3,660,793 | 3,472,458 | 3,305,386 | 3,215,563 | 1,034,396 | 2,471,276 | 917,637 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 137,067,297 | 100,391,451 | 69,269,103 | 65,376,598 | 55,952,175 | 42,784,864 | 24,746,603 | 17,968,851 | 12,405,684 |
total assets | 168,665,074 | 115,435,297 | 77,211,363 | 75,740,603 | 59,822,334 | 42,784,864 | 24,886,841 | 18,985,962 | 12,894,751 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 670,222 | 414,637 | 28,482,851 | 26,830,492 | 198,829 | 39,809 | 10,969,879 | 200,914 | 215,443 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,154,553 | 627,107 | 291,638 | 250,184 | 215,426 | 225,291 | 167,574 | 121,063 | 130,496 |
total current liabilities | 1,824,775 | 1,041,744 | 28,774,489 | 27,080,676 | 414,255 | 265,100 | 11,137,453 | 321,977 | 345,939 |
loans | 164,368,903 | 112,782,402 | 47,340,554 | 47,798,700 | 59,242,387 | 42,108,452 | 13,640,000 | 18,550,000 | 12,590,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 164,368,903 | 112,782,402 | 47,340,554 | 47,798,700 | 59,242,387 | 42,108,452 | 13,640,000 | 18,550,000 | 12,590,000 |
total liabilities | 166,193,678 | 113,824,146 | 76,115,043 | 74,879,376 | 59,656,642 | 42,373,552 | 24,777,453 | 18,871,977 | 12,935,939 |
net assets | 2,471,396 | 1,611,151 | 1,096,320 | 861,227 | 165,692 | 411,312 | 109,388 | 113,985 | -41,188 |
total shareholders funds | 2,471,396 | 1,611,151 | 1,096,320 | 861,227 | 165,692 | 411,312 | 109,388 | 113,985 | -41,188 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 3,770,398 | 1,834,763 | 1,160,609 | 1,098,268 | 679,380 | 554,840 | 385,587 | 193,966 | -41,288 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -332,153 | -189,932 | -220,516 | -17,733 | 0 | -102,916 | -75,184 | -38,793 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 50,203,828 | 34,542,322 | 1,282,425 | 15,751,197 | 16,947,647 | 15,716,856 | 7,337,759 | 4,537,572 | 11,977,114 |
Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 527,446 | 335,469 | 41,454 | 34,758 | -9,865 | 57,717 | 46,511 | -9,433 | 130,496 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -46,238,137 | -32,562,022 | -300,878 | -14,635,904 | -16,278,132 | -15,207,215 | -6,980,845 | -4,391,832 | -11,887,906 |
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 255,585 | -28,068,214 | 1,652,359 | 26,631,663 | 159,020 | -10,930,070 | 10,768,965 | -14,529 | 215,443 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 51,586,501 | 65,441,848 | -458,146 | -11,443,687 | 17,133,935 | 28,468,452 | -4,910,000 | 5,960,000 | 12,590,000 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||
interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
cash flow from financing | 51,842,086 | 37,373,634 | 1,194,213 | 15,187,976 | 17,292,955 | 17,538,382 | 5,858,965 | 5,945,471 | |
cash and cash equivalents | |||||||||
cash | 3,025,949 | 3,681,612 | 188,335 | 167,072 | 89,823 | 2,181,167 | -1,436,880 | 1,553,639 | 917,637 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 3,025,949 | 3,681,612 | 188,335 | 167,072 | 89,823 | 2,181,167 | -1,436,880 | 1,553,639 | 917,637 |
alternative bridging (uk 1) limited Credit Report and Business Information
Alternative Bridging (uk 1) Limited Competitor Analysis
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Perform a competitor analysis for alternative bridging (uk 1) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in HA1 area or any other competitors across 12 key performance metrics.
alternative bridging (uk 1) limited Ownership
ALTERNATIVE BRIDGING (UK 1) LIMITED group structure
Alternative Bridging (Uk 1) Limited has no subsidiary companies.
Ultimate parent company
2 parents
ALTERNATIVE BRIDGING (UK 1) LIMITED
09265635
alternative bridging (uk 1) limited directors
Alternative Bridging (Uk 1) Limited currently has 4 directors. The longest serving directors include Mr Jonathan Rubins (Oct 2014) and Mr Stephen Meller (Oct 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Jonathan Rubins | 57 years | Oct 2014 | - | Director | |
Mr Stephen Meller | 57 years | Oct 2014 | - | Director | |
Mr Brian Rubins | England | 85 years | Oct 2014 | - | Director |
Mr Allan Kay | United Kingdom | 61 years | Sep 2020 | - | Director |
P&L
September 2023turnover
19.9m
+81%
operating profit
3.8m
+105%
gross margin
19.3%
+12.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.5m
+0.53%
total assets
168.7m
+0.46%
cash
10.4m
+0.41%
net assets
Total assets minus all liabilities
alternative bridging (uk 1) limited company details
company number
09265635
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
GRANT HARROD LERMAN DAVIS LLP
address
1st floor healthaid house, marlborough hill, harrow, middlesex, HA1 1UD
Bank
-
Legal Advisor
-
alternative bridging (uk 1) 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 found 10 charges/mortgages relating to alternative bridging (uk 1) limited. Currently there are 10 open charges and 0 have been satisfied in the past.
alternative bridging (uk 1) 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 ALTERNATIVE BRIDGING (UK 1) LIMITED. This can take several minutes, an email will notify you when this has completed.
alternative bridging (uk 1) limited Companies House Filings - See Documents
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