mortgage force (uk) ltd
mortgage force (uk) ltd Company Information
Company Number
09394027
Website
mortgageforce.co.ukRegistered Address
chestnut house 65a friar gate, derby, DE1 1DJ
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01332258660
Next Accounts Due
June 2025
Group Structure
View All
Directors
Kevin Duffy9 Years
Shareholders
kevin brian duffy 100%
mortgage force (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGE FORCE (UK) LTD at £3.5m based on a Turnover of £2.6m and 1.34x industry multiple (adjusted for size and gross margin).
mortgage force (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGE FORCE (UK) LTD at £1.6m based on an EBITDA of £292.1k and a 5.53x industry multiple (adjusted for size and gross margin).
mortgage force (uk) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORTGAGE FORCE (UK) LTD at £709.9k based on Net Assets of £372.1k and 1.91x industry multiple (adjusted for liquidity).
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Mortgage Force (uk) Ltd Overview
Mortgage Force (uk) Ltd is a live company located in derby, DE1 1DJ with a Companies House number of 09394027. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 2015, it's largest shareholder is kevin brian duffy with a 100% stake. Mortgage Force (uk) Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
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Mortgage Force (uk) Ltd Health Check
Pomanda's financial health check has awarded Mortgage Force (Uk) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£4.8m)
- Mortgage Force (uk) Ltd
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 51%, show it is growing at a faster rate (4.4%)
- Mortgage Force (uk) Ltd
4.4% - Industry AVG
Production
with a gross margin of 60.9%, this company has a comparable cost of product (60.9%)
- Mortgage Force (uk) Ltd
60.9% - Industry AVG
Profitability
an operating margin of 11% make it as profitable than the average company (10.8%)
- Mortgage Force (uk) Ltd
10.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Mortgage Force (uk) Ltd
14 - Industry AVG
Pay Structure
on an average salary of £79.1k, the company has an equivalent pay structure (£79.1k)
- Mortgage Force (uk) Ltd
£79.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.6m, this is more efficient (£216.9k)
- Mortgage Force (uk) Ltd
£216.9k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is later than average (31 days)
- Mortgage Force (uk) Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 305 days, this is slower than average (38 days)
- Mortgage Force (uk) Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mortgage Force (uk) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (38 weeks)
0 weeks - Mortgage Force (uk) Ltd
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.8%, this is a higher level of debt than the average (56.5%)
79.8% - Mortgage Force (uk) Ltd
56.5% - Industry AVG
MORTGAGE FORCE (UK) LTD financials
Mortgage Force (Uk) Ltd's latest turnover from September 2023 is estimated at £2.6 million and the company has net assets of £372.1 thousand. According to their latest financial statements, Mortgage Force (Uk) Ltd has 1 employee and maintains cash reserves of £18 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,585 | 3,092 | 2,064 | 1,770 | 3,715 | 4,308 | 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,585 | 3,092 | 2,064 | 1,770 | 3,715 | 4,308 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 456,148 | 470,360 | 357,292 | 131,303 | 138,106 | 568,785 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,385,661 | 876,673 | 545,365 | 173,251 | 84,616 | 40,156 | 0 | 0 | 0 |
| Cash | 18 | 0 | 83,062 | 48,416 | 1 | 1 | 1 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,841,827 | 1,347,033 | 985,719 | 352,970 | 222,723 | 608,942 | 1 | 0 | 0 |
| total assets | 1,843,412 | 1,350,125 | 987,783 | 354,740 | 226,438 | 613,250 | 1 | 0 | 0 |
| Bank overdraft | 33,663 | 44,606 | 13,604 | 9,804 | 28,940 | 27,956 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 9,803 | 9,456 | 0 | 0 | 0 |
| Trade Creditors | 861,640 | 762,821 | 740,573 | 255,741 | 255,486 | 570,235 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 27,500 | 27,500 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 488,247 | 264,203 | 146,831 | 104,043 | 4,100 | 3,300 | 0 | 0 | 0 |
| total current liabilities | 1,383,550 | 1,071,630 | 901,008 | 369,588 | 325,829 | 638,447 | 0 | 0 | 0 |
| loans | 87,511 | 111,891 | 39,167 | 57,585 | 13,304 | 18,288 | 0 | 0 | 0 |
| 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 | 301 | 587 | 392 | 336 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 87,812 | 112,478 | 39,559 | 57,921 | 13,304 | 18,288 | 0 | 0 | 0 |
| total liabilities | 1,471,362 | 1,184,108 | 940,567 | 427,509 | 339,133 | 656,735 | 0 | 0 | 0 |
| net assets | 372,050 | 166,017 | 47,216 | -72,769 | -112,695 | -43,485 | 1 | 0 | 0 |
| total shareholders funds | 372,050 | 166,017 | 47,216 | -72,769 | -112,695 | -43,485 | 1 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,106 | 1,545 | 2,644 | 1,945 | 943 | 1,175 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 494,776 | 444,376 | 598,103 | 81,832 | 222,722 | 608,941 | 0 | 0 | 0 |
| Creditors | 98,819 | 22,248 | 484,832 | 255 | 255,486 | 570,235 | 0 | 0 | 0 |
| Accruals and Deferred Income | 224,044 | 117,372 | 42,788 | 99,943 | 4,100 | 3,300 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -286 | 195 | 56 | 336 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| 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 | -9,803 | 9,803 | 9,456 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | -27,500 | 27,500 | 27,500 | 0 | 0 | 0 |
| Long term loans | -24,380 | 72,724 | -18,418 | 44,281 | 13,304 | 18,288 | 0 | 0 | 0 |
| 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 | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 18 | -83,062 | 34,646 | 48,415 | 0 | 0 | 1 | 0 | 0 |
| overdraft | -10,943 | 31,002 | 3,800 | -19,136 | 28,940 | 27,956 | 0 | 0 | 0 |
| change in cash | 10,961 | -114,064 | 30,846 | 67,551 | -28,940 | -27,956 | 1 | 0 | 0 |
mortgage force (uk) ltd Credit Report and Business Information
Mortgage Force (uk) Ltd Competitor Analysis
Perform a competitor analysis for mortgage force (uk) ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mortgage force (uk) ltd Ownership
MORTGAGE FORCE (UK) LTD group structure
Mortgage Force (Uk) Ltd has no subsidiary companies.
Ultimate parent company
MORTGAGE FORCE (UK) LTD
09394027
mortgage force (uk) ltd directors
Mortgage Force (Uk) Ltd currently has 1 director, Mr Kevin Duffy serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Duffy | 58 years | Jan 2015 | - | Director |
P&L
September 2023turnover
2.6m
-3%
operating profit
290k
0%
gross margin
60.9%
-2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
372.1k
+1.24%
total assets
1.8m
+0.37%
cash
18
0%
net assets
Total assets minus all liabilities
mortgage force (uk) ltd company details
company number
09394027
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
January 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
chestnut house 65a friar gate, derby, DE1 1DJ
last accounts submitted
September 2023
mortgage force (uk) 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 force (uk) ltd.
mortgage force (uk) ltd Companies House Filings - See Documents
| date | description | view/download |
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