london credit ltd
london credit ltd Company Information
Company Number
09889336
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
marios hadjiroussos
elena karina hajiroussou
Group Structure
View All
Contact
Registered Address
22 soho square, 4th floor, london, W1D 4NS
Website
www.londoncredit.comlondon credit ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON CREDIT LTD at £8.4m based on a Turnover of £7.9m and 1.06x industry multiple (adjusted for size and gross margin).
london credit ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON CREDIT LTD at £6.5m based on an EBITDA of £829.6k and a 7.79x industry multiple (adjusted for size and gross margin).
london credit ltd Estimated Valuation
Pomanda estimates the enterprise value of LONDON CREDIT LTD at £4.7m based on Net Assets of £2m and 2.35x industry multiple (adjusted for liquidity).
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London Credit Ltd Overview
London Credit Ltd is a live company located in london, W1D 4NS with a Companies House number of 09889336. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2015, it's largest shareholder is marios hadjiroussos with a 66.7% stake. London Credit Ltd is a young, mid sized company, Pomanda has estimated its turnover at £7.9m with rapid growth in recent years.
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London Credit Ltd Health Check
Pomanda's financial health check has awarded London Credit Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
2 Weak
Size
annual sales of £7.9m, make it larger than the average company (£4.5m)
£7.9m - London Credit Ltd
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 62%, show it is growing at a faster rate (6.5%)
62% - London Credit Ltd
6.5% - Industry AVG
Production
with a gross margin of 89.6%, this company has a lower cost of product (38.2%)
89.6% - London Credit Ltd
38.2% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (5.7%)
10.1% - London Credit Ltd
5.7% - Industry AVG
Employees
with 13 employees, this is below the industry average (26)
13 - London Credit Ltd
26 - Industry AVG
Pay Structure
on an average salary of £52.9k, the company has an equivalent pay structure (£52.9k)
- London Credit Ltd
£52.9k - Industry AVG
Efficiency
resulting in sales per employee of £610.6k, this is more efficient (£167.7k)
£610.6k - London Credit Ltd
£167.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - London Credit Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1944 days, this is slower than average (32 days)
1944 days - London Credit Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - London Credit Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (23 weeks)
52 weeks - London Credit Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91%, this is a higher level of debt than the average (62%)
91% - London Credit Ltd
62% - Industry AVG
LONDON CREDIT LTD financials
London Credit Ltd's latest turnover from December 2023 is £7.9 million and the company has net assets of £2 million. According to their latest financial statements, London Credit Ltd has 13 employees and maintains cash reserves of £8 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 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 7,937,482 | 5,390,521 | 2,791,410 | 1,880,858 | 1,591,026 | 989,498 | 6,393 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 822,349 | 1,120,599 | 496,559 | 373,819 | 512,463 | 492,795 | 1,556 | |
| Gross Profit | 7,115,133 | 4,269,922 | 2,294,851 | 1,507,039 | 1,078,563 | 496,703 | 4,837 | |
| Admin Expenses | 6,312,483 | 3,358,653 | 1,623,169 | 727,460 | 504,143 | 802,713 | 84,438 | |
| Operating Profit | 802,650 | 911,269 | 671,682 | 779,579 | 574,420 | -306,010 | -79,601 | |
| Interest Payable | 307,995 | 237,264 | 183,789 | 91,832 | 55,708 | 75,055 | 0 | |
| Interest Receivable | 76,794 | 0 | 0 | 0 | 129,751 | 0 | 0 | |
| Pre-Tax Profit | 571,449 | 674,005 | 487,893 | 687,747 | 648,463 | -482,553 | -80,408 | |
| Tax | -144,641 | -123,927 | -93,649 | -131,890 | -18,949 | 0 | 0 | |
| Profit After Tax | 426,808 | 550,078 | 394,244 | 555,857 | 629,514 | -482,553 | -80,408 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 426,808 | 550,078 | 394,244 | 555,857 | 629,514 | -482,553 | -80,408 | |
| Employee Costs | ||||||||
| Number Of Employees | 13 | 12 | 10 | 7 | 3 | 6 | 3 | |
| EBITDA* | 829,590 | 913,647 | 674,680 | 782,589 | 577,614 | -302,982 | -79,601 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,791 | 2,290 | 2,629 | 3,745 | 4,863 | 6,448 | 3,811 | 0 |
| Intangible Assets | 9,241 | 35,682 | 37,721 | 15,201 | 17,093 | 14,402 | 9,214 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 1 | 120 | 0 |
| Debtors (Due After 1 year) | 9,153 | 9,153 | 1,231,507 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 20,185 | 47,125 | 1,271,857 | 18,946 | 21,956 | 20,851 | 13,145 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 1,660,030 | 880 | 0 |
| Misc Debtors | 14,120,201 | 12,614,378 | 4,836,054 | 5,895,722 | 7,862,560 | 2,455,265 | 588,053 | 0 |
| Cash | 7,990,974 | 3,190,186 | 7,601,881 | 3,296,908 | 1,086,685 | 1,403,039 | 321,019 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 22,111,175 | 15,804,564 | 12,437,935 | 9,192,630 | 8,949,245 | 5,518,334 | 909,952 | 1,000 |
| total assets | 22,131,360 | 15,851,689 | 13,709,792 | 9,211,576 | 8,971,201 | 5,539,185 | 923,097 | 1,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,380,731 | 2,246,667 | 6,054,869 | 3,027,144 | 1,603,577 | 1,875,765 | 317,995 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 3,973,114 | 636,507 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,557,760 | 3,928,916 | 3,390,152 | 3,829,376 | 3,765,713 | 123,147 | 48,003 | 0 |
| total current liabilities | 7,938,491 | 6,175,583 | 9,445,021 | 6,856,520 | 5,369,290 | 5,972,026 | 1,002,505 | 0 |
| loans | 3,505,738 | 4,604,028 | 1,919,217 | 1,395,183 | 3,522,144 | 129,120 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 8,692,591 | 3,504,346 | 1,327,900 | 336,463 | 12,214 | 0 | 0 | 0 |
| total long term liabilities | 12,198,329 | 8,108,374 | 3,247,117 | 1,731,646 | 3,534,358 | 129,120 | 0 | 0 |
| total liabilities | 20,136,820 | 14,283,957 | 12,692,138 | 8,588,166 | 8,903,648 | 6,101,146 | 1,002,505 | 0 |
| net assets | 1,994,540 | 1,567,732 | 1,017,654 | 623,410 | 67,553 | -561,961 | -79,408 | 1,000 |
| total shareholders funds | 1,994,540 | 1,567,732 | 1,017,654 | 623,410 | 67,553 | -561,961 | -79,408 | 1,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 802,650 | 911,269 | 671,682 | 779,579 | 574,420 | -306,010 | -79,601 | |
| Depreciation | 499 | 339 | 1,116 | 1,118 | 1,585 | 1,418 | 0 | |
| Amortisation | 26,441 | 2,039 | 1,882 | 1,892 | 1,609 | 1,610 | 0 | |
| Tax | -144,641 | -123,927 | -93,649 | -131,890 | -18,949 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,505,823 | 6,555,970 | 171,839 | -1,966,838 | 3,747,265 | 3,526,362 | 587,933 | 1,000 |
| Creditors | 2,134,064 | -3,808,202 | 3,027,725 | 1,423,567 | -272,188 | 1,557,770 | 317,995 | 0 |
| Accruals and Deferred Income | -371,156 | 538,764 | -439,224 | 63,663 | 3,642,566 | 75,144 | 48,003 | 0 |
| Deferred Taxes & Provisions | 5,188,245 | 2,176,446 | 991,437 | 324,249 | 12,214 | 0 | 0 | 0 |
| Cash flow from operations | 6,130,279 | -6,859,242 | 3,989,130 | 4,429,016 | 193,992 | -2,196,430 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -1 | -119 | 120 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -3,973,114 | 3,336,607 | 636,507 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -1,098,290 | 2,684,811 | 524,034 | -2,126,961 | 3,393,024 | 129,120 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -231,201 | -237,264 | -183,789 | -91,832 | 74,043 | -75,055 | 0 | |
| cash flow from financing | -1,329,491 | 2,447,547 | 340,245 | -2,218,793 | -506,047 | 3,390,672 | 636,507 | |
| cash and cash equivalents | ||||||||
| cash | 4,800,788 | -4,411,695 | 4,304,973 | 2,210,223 | -316,354 | 1,082,020 | 321,019 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,800,788 | -4,411,695 | 4,304,973 | 2,210,223 | -316,354 | 1,082,020 | 321,019 | 0 |
london credit ltd Credit Report and Business Information
London Credit Ltd Competitor Analysis
Perform a competitor analysis for london credit ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in W1D area or any other competitors across 12 key performance metrics.
london credit ltd Ownership
LONDON CREDIT LTD group structure
London Credit Ltd has no subsidiary companies.
Ultimate parent company
LONDON CREDIT LTD
09889336
london credit ltd directors
London Credit Ltd currently has 3 directors. The longest serving directors include Mr Marios Hadjiroussos (Nov 2015) and Mr Dmitry Khenkin (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marios Hadjiroussos | Cyprus | 58 years | Nov 2015 | - | Director |
| Mr Dmitry Khenkin | United Kingdom | 59 years | Nov 2015 | - | Director |
| Ms Elena Hajiroussou | Cyprus | 54 years | Mar 2018 | - | Director |
P&L
December 2023turnover
7.9m
+47%
operating profit
802.7k
-12%
gross margin
89.7%
+13.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2m
+0.27%
total assets
22.1m
+0.4%
cash
8m
+1.5%
net assets
Total assets minus all liabilities
london credit ltd company details
company number
09889336
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
22 soho square, 4th floor, london, W1D 4NS
Bank
-
Legal Advisor
-
london credit 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 london credit ltd.
london credit 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.
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london credit ltd Companies House Filings - See Documents
| date | description | view/download |
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