prudential equity release mortgages limited
prudential equity release mortgages limited Company Information
Company Number
09713315
Next Accounts
Sep 2025
Shareholders
prudential assurance company limited
Group Structure
View All
Industry
Other activities auxiliary to insurance and pension funding
+1Registered Address
10 fenchurch avenue, london, EC3M 5AG
Website
www.prudential.co.ukprudential equity release mortgages limited Estimated Valuation
Pomanda estimates the enterprise value of PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED at £0 based on a Turnover of £0 and 0.83x industry multiple (adjusted for size and gross margin).
prudential equity release mortgages limited Estimated Valuation
Pomanda estimates the enterprise value of PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED at £0 based on an EBITDA of £0 and a 4.47x industry multiple (adjusted for size and gross margin).
prudential equity release mortgages limited Estimated Valuation
Pomanda estimates the enterprise value of PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED at £98.9m based on Net Assets of £46.2m and 2.14x industry multiple (adjusted for liquidity).
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Prudential Equity Release Mortgages Limited Overview
Prudential Equity Release Mortgages Limited is a live company located in london, EC3M 5AG with a Companies House number of 09713315. It operates in the activities auxiliary to financial intermediation n.e.c. sector, SIC Code 66190. Founded in July 2015, it's largest shareholder is prudential assurance company limited with a 100% stake. Prudential Equity Release Mortgages Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Prudential Equity Release Mortgages Limited Health Check
There is insufficient data available to calculate a health check for Prudential Equity Release Mortgages Limited. Company Health Check FAQs
0 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Prudential Equity Release Mortgages Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Prudential Equity Release Mortgages Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Prudential Equity Release Mortgages Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
with 1 employees, this is below the industry average (9)
- Prudential Equity Release Mortgages Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Prudential Equity Release Mortgages Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Prudential Equity Release Mortgages Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED financials
Prudential Equity Release Mortgages Limited's latest turnover from December 2023 is 0 and the company has net assets of £46.2 million. According to their latest financial statements, we estimate that Prudential Equity Release Mortgages Limited has 1 employee and maintains cash reserves of £1.7 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | ||||||||
| Trade Debtors | ||||||||
| Group Debtors | 44,516,916 | 4,219,087 | 7,101,391 | 5,104,973 | 5,161,083 | 4,217,174 | 3,813,363 | 14,775,626 |
| Misc Debtors | ||||||||
| Cash | 1,673,261 | 9,998,538 | 6,795,030 | 10,821,557 | 21,221,270 | 16,149,479 | 9,485,596 | |
| misc current assets | ||||||||
| total current assets | 46,190,177 | 14,217,625 | 13,896,421 | 15,926,530 | 26,382,353 | 20,366,653 | 13,298,959 | 14,775,626 |
| total assets | 46,190,177 | 14,217,625 | 13,896,421 | 15,926,530 | 26,382,353 | 20,366,653 | 13,298,959 | 14,775,626 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | ||||||||
| Group/Directors Accounts | 14,217,525 | 13,896,321 | 15,926,430 | 26,382,253 | 20,366,553 | 13,298,859 | 14,775,526 | |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 14,217,525 | 13,896,321 | 15,926,430 | 26,382,253 | 20,366,553 | 13,298,859 | 14,775,526 | |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 14,217,525 | 13,896,321 | 15,926,430 | 26,382,253 | 20,366,553 | 13,298,859 | 14,775,526 | |
| net assets | 46,190,177 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| total shareholders funds | 46,190,177 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 40,297,829 | -2,882,304 | 1,996,418 | -56,110 | 943,909 | 403,811 | -10,962,263 | 14,775,626 |
| Creditors | ||||||||
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | -40,297,829 | 2,882,304 | -1,996,418 | 56,110 | -943,909 | -403,811 | 10,962,263 | -14,775,626 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -14,217,525 | 321,204 | -2,030,109 | -10,455,823 | 6,015,700 | 7,067,694 | -1,476,667 | 14,775,526 |
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | 31,972,552 | 321,204 | -2,030,109 | -10,455,823 | 6,015,700 | 7,067,694 | -1,476,667 | 14,775,626 |
| cash and cash equivalents | ||||||||
| cash | -8,325,277 | 3,203,508 | -4,026,527 | -10,399,713 | 5,071,791 | 6,663,883 | 9,485,596 | |
| overdraft | ||||||||
| change in cash | -8,325,277 | 3,203,508 | -4,026,527 | -10,399,713 | 5,071,791 | 6,663,883 | 9,485,596 |
prudential equity release mortgages limited Credit Report and Business Information
Prudential Equity Release Mortgages Limited Competitor Analysis
Perform a competitor analysis for prudential equity release mortgages limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other established companies, companies in EC3M area or any other competitors across 12 key performance metrics.
prudential equity release mortgages limited Ownership
PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED group structure
Prudential Equity Release Mortgages Limited has no subsidiary companies.
Ultimate parent company
2 parents
PRUDENTIAL EQUITY RELEASE MORTGAGES LIMITED
09713315
prudential equity release mortgages limited directors
Prudential Equity Release Mortgages Limited currently has 4 directors. The longest serving directors include Mr Simon Iversen (Sep 2023) and Mr Spencer Horgan (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Iversen | England | 43 years | Sep 2023 | - | Director |
| Mr Spencer Horgan | United Kingdom | 50 years | Sep 2023 | - | Director |
| Mr Iain MacDonald | England | 58 years | Jun 2024 | - | Director |
| Mr Anuj Babber | United Kingdom | 46 years | Jun 2024 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
46.2m
+461900.77%
total assets
46.2m
+2.25%
cash
1.7m
-0.83%
net assets
Total assets minus all liabilities
Similar Companies
prudential equity release mortgages limited company details
company number
09713315
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
66190 - Other activities auxiliary to financial services, except insurance and pension funding
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
10 fenchurch avenue, london, EC3M 5AG
Bank
-
Legal Advisor
-
prudential equity release mortgages 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 prudential equity release mortgages limited.
prudential equity release mortgages 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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prudential equity release mortgages limited Companies House Filings - See Documents
| date | description | view/download |
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