tsb covered bonds (lm) limited
tsb covered bonds (lm) limited Company Information
Company Number
10181264
Next Accounts
Sep 2025
Industry
Non-trading company
Directors
-
Shareholders
tsb covered bonds (holdings) limited
tsb bank plc
Group Structure
View All
Contact
Registered Address
1 bartholomew lane, london, EC2N 2AX
Website
-tsb covered bonds (lm) limited Estimated Valuation
Pomanda estimates the enterprise value of TSB COVERED BONDS (LM) LIMITED at £0 based on a Turnover of £1 and 0.95x industry multiple (adjusted for size and gross margin).
tsb covered bonds (lm) limited Estimated Valuation
Pomanda estimates the enterprise value of TSB COVERED BONDS (LM) LIMITED at £0 based on an EBITDA of £-3 and a 18.13x industry multiple (adjusted for size and gross margin).
tsb covered bonds (lm) limited Estimated Valuation
Pomanda estimates the enterprise value of TSB COVERED BONDS (LM) LIMITED at £121 based on Net Assets of £107 and 1.13x industry multiple (adjusted for liquidity).
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Tsb Covered Bonds (lm) Limited Overview
Tsb Covered Bonds (lm) Limited is a live company located in london, EC2N 2AX with a Companies House number of 10181264. It operates in the non-trading company sector, SIC Code 74990. Founded in May 2016, it's largest shareholder is tsb covered bonds (holdings) limited with a 80% stake. Tsb Covered Bonds (lm) Limited is a young, micro sized company, Pomanda has estimated its turnover at £1 with unknown growth in recent years.
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Tsb Covered Bonds (lm) Limited Health Check
Pomanda's financial health check has awarded Tsb Covered Bonds (Lm) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
4 Weak
Size
annual sales of £1, make it smaller than the average company (£3.8m)
£1 - Tsb Covered Bonds (lm) Limited
£3.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tsb Covered Bonds (lm) Limited
- - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (36.1%)
100% - Tsb Covered Bonds (lm) Limited
36.1% - Industry AVG
Profitability
an operating margin of -391.7% make it less profitable than the average company (5.1%)
-391.7% - Tsb Covered Bonds (lm) Limited
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Tsb Covered Bonds (lm) Limited
41 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Tsb Covered Bonds (lm) Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £1, this is less efficient (£153.8k)
- Tsb Covered Bonds (lm) Limited
£153.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tsb Covered Bonds (lm) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tsb Covered Bonds (lm) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tsb Covered Bonds (lm) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tsb Covered Bonds (lm) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Tsb Covered Bonds (lm) Limited
- - Industry AVG
TSB COVERED BONDS (LM) LIMITED financials
Tsb Covered Bonds (Lm) Limited's latest turnover from December 2023 is £1 and the company has net assets of £107. According to their latest financial statements, we estimate that Tsb Covered Bonds (Lm) Limited has 1 employee and maintains cash reserves of £100 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Gross Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Employee Costs | 0 | 0 | ||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5 | 4 | 3 | 2 | 1 | 0 |
| Cash | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 0 |
| misc current assets | 7 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 107 | 106 | 105 | 104 | 103 | 102 | 101 | 0 |
| total assets | 107 | 106 | 105 | 104 | 103 | 102 | 101 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 107 | 106 | 105 | 104 | 103 | 102 | 101 | 0 |
| total shareholders funds | 107 | 106 | 105 | 104 | 103 | 102 | 101 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -5 | 1 | 1 | 1 | 1 | 1 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 100 | |
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 0 |
tsb covered bonds (lm) limited Credit Report and Business Information
Tsb Covered Bonds (lm) Limited Competitor Analysis
Perform a competitor analysis for tsb covered bonds (lm) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC2N area or any other competitors across 12 key performance metrics.
tsb covered bonds (lm) limited Ownership
TSB COVERED BONDS (LM) LIMITED group structure
Tsb Covered Bonds (Lm) Limited has no subsidiary companies.
Ultimate parent company
INTERTRUST NV
#0110105
2 parents
TSB COVERED BONDS (LM) LIMITED
10181264
tsb covered bonds (lm) limited directors
Tsb Covered Bonds (Lm) Limited currently has 1 director, undefined undefined serving since - .
| officer | country | age | start | end | role |
|---|
P&L
December 2023turnover
1
0%
operating profit
-3.9
0%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
107
+0.01%
total assets
107
+0.01%
cash
100
0%
net assets
Total assets minus all liabilities
tsb covered bonds (lm) limited company details
company number
10181264
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
-
Legal Advisor
-
tsb covered bonds (lm) 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 tsb covered bonds (lm) limited.
tsb covered bonds (lm) 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 TSB COVERED BONDS (LM) LIMITED. This can take several minutes, an email will notify you when this has completed.
tsb covered bonds (lm) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
