asset finance 1 class a note issueco plc
asset finance 1 class a note issueco plc Company Information
Company Number
10479863
Next Accounts
Jun 2025
Directors
Shareholders
asset finance 1 class a note issueco holdco limited
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
1 bartholomew lane, london, EC2N 2AX
Website
-asset finance 1 class a note issueco plc Estimated Valuation
Pomanda estimates the enterprise value of ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC at £2.2m based on a Turnover of £3.3m and 0.68x industry multiple (adjusted for size and gross margin).
asset finance 1 class a note issueco plc Estimated Valuation
Pomanda estimates the enterprise value of ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC at £4.7k based on an EBITDA of £2k and a 2.34x industry multiple (adjusted for size and gross margin).
asset finance 1 class a note issueco plc Estimated Valuation
Pomanda estimates the enterprise value of ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC at £79.9k based on Net Assets of £61.2k and 1.31x industry multiple (adjusted for liquidity).
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Asset Finance 1 Class A Note Issueco Plc Overview
Asset Finance 1 Class A Note Issueco Plc is a live company located in london, EC2N 2AX with a Companies House number of 10479863. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2016, it's largest shareholder is asset finance 1 class a note issueco holdco limited with a 100% stake. Asset Finance 1 Class A Note Issueco Plc is a young, small sized company, Pomanda has estimated its turnover at £3.3m with healthy growth in recent years.
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Asset Finance 1 Class A Note Issueco Plc Health Check
Pomanda's financial health check has awarded Asset Finance 1 Class A Note Issueco Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£5.5m)
£3.3m - Asset Finance 1 Class A Note Issueco Plc
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.9%)
9% - Asset Finance 1 Class A Note Issueco Plc
4.9% - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Asset Finance 1 Class A Note Issueco Plc
- - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (9%)
0.1% - Asset Finance 1 Class A Note Issueco Plc
9% - Industry AVG
Employees
with 15 employees, this is similar to the industry average (14)
- Asset Finance 1 Class A Note Issueco Plc
14 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Asset Finance 1 Class A Note Issueco Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £220.4k, this is equally as efficient (£224.3k)
- Asset Finance 1 Class A Note Issueco Plc
£224.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Asset Finance 1 Class A Note Issueco Plc
- - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (46 days)
3 days - Asset Finance 1 Class A Note Issueco Plc
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Asset Finance 1 Class A Note Issueco Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (29 weeks)
8 weeks - Asset Finance 1 Class A Note Issueco Plc
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (71.2%)
99.9% - Asset Finance 1 Class A Note Issueco Plc
71.2% - Industry AVG
ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC financials
Asset Finance 1 Class A Note Issueco Plc's latest turnover from December 2023 is £3.3 million and the company has net assets of £61.2 thousand. According to their latest financial statements, we estimate that Asset Finance 1 Class A Note Issueco Plc has 15 employees and maintains cash reserves of £15.1 thousand 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,305,420 | 1,875,304 | 2,907,261 | 2,539,749 | 2,863,435 | 2,217,275 | 798,432 |
| Other Income Or Grants | |||||||
| Cost Of Sales | 3,305,420 | 1,875,304 | 2,907,261 | 2,539,749 | 2,863,435 | 2,217,275 | 798,432 |
| Gross Profit | |||||||
| Admin Expenses | -2,000 | -2,000 | -2,000 | -2,000 | -2,000 | -1,649 | -2,351 |
| Operating Profit | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,649 | 2,351 |
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,649 | 2,351 |
| Tax | -470 | -380 | -446 | -380 | -380 | -246 | -453 |
| Profit After Tax | 1,530 | 1,620 | 1,554 | 1,620 | 1,620 | 1,403 | 1,898 |
| Dividends Paid | |||||||
| Retained Profit | 1,530 | 1,620 | 1,554 | 1,620 | 1,620 | 1,403 | 1,898 |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,649 | 2,351 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 105,863,753 | 66,663,369 | 67,944,940 | 57,826,866 | 53,841,325 | 50,800,541 | 36,732,280 |
| Intangible Assets | |||||||
| Investments & Other | 67,944,940 | 57,826,866 | 50,763,042 | 36,694,781 | |||
| Debtors (Due After 1 year) | 105,863,753 | 66,663,369 | 53,841,325 | 37,499 | 37,499 | ||
| Total Fixed Assets | 105,863,753 | 66,663,369 | 67,944,940 | 57,826,866 | 53,841,325 | 50,800,541 | 36,732,280 |
| Stock & work in progress | |||||||
| Trade Debtors | 38,186 | ||||||
| Group Debtors | 65,721 | 42,198 | |||||
| Misc Debtors | 29,574 | 48,521 | 3,113 | 449,161 | |||
| Cash | 15,085 | 22,596 | 20,976 | 16,487 | 15,004 | 26,501 | 29,851 |
| misc current assets | 37,281 | 163,932 | 133,191 | 276,913 | 254,115 | 612,974 | |
| total current assets | 118,087 | 102,980 | 214,482 | 198,199 | 295,030 | 280,616 | 1,091,986 |
| total assets | 105,981,840 | 66,766,349 | 68,159,422 | 58,025,065 | 54,136,355 | 51,081,157 | 37,824,266 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 31,940 | 11,658 | 5,640 | 30,272 | 25,005 | ||
| Group/Directors Accounts | |||||||
| other short term finances | 38,186 | 163,932 | 133,191 | 276,913 | 254,115 | 612,974 | |
| hp & lease commitments | |||||||
| other current liabilities | 62,401 | 30,920 | 24,314 | 15,694 | 695 | 10,699 | 439,608 |
| total current liabilities | 94,341 | 80,764 | 193,886 | 179,157 | 277,608 | 264,814 | 1,077,587 |
| loans | 211,652,508 | 133,251,740 | 135,814,882 | 115,578,734 | 107,607,652 | 101,526,084 | 36,694,781 |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 105,826,254 | 66,625,870 | 67,907,441 | 57,789,367 | 53,803,826 | 50,763,042 | 36,694,781 |
| total liabilities | 105,920,595 | 66,706,634 | 68,101,327 | 57,968,524 | 54,081,434 | 51,027,856 | 37,772,368 |
| net assets | 61,245 | 59,715 | 58,095 | 56,541 | 54,921 | 53,301 | 51,898 |
| total shareholders funds | 61,245 | 59,715 | 58,095 | 56,541 | 54,921 | 53,301 | 51,898 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,649 | 2,351 |
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -470 | -380 | -446 | -380 | -380 | -246 | -453 |
| Stock | |||||||
| Debtors | 39,185,721 | 66,714,179 | -18,947 | -53,795,917 | 53,806,939 | -449,161 | 486,660 |
| Creditors | 20,282 | 6,018 | -24,632 | 30,272 | -25,005 | 25,005 | |
| Accruals and Deferred Income | 31,481 | 6,606 | 8,620 | 14,999 | -10,004 | -428,909 | 439,608 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -39,132,428 | -66,699,935 | 4,489 | 53,842,808 | -53,815,323 | -3,350 | -20,149 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -67,944,940 | 10,118,074 | 57,826,866 | -50,763,042 | 14,068,261 | 36,694,781 | |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | -38,186 | -125,746 | 30,741 | -143,722 | 22,798 | -358,859 | 612,974 |
| Long term loans | 78,400,768 | -2,563,142 | 20,236,148 | 7,971,082 | 6,081,568 | 64,831,303 | 36,694,781 |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | 78,362,582 | -2,688,888 | 20,266,889 | 7,827,360 | 6,104,366 | 37,357,755 | |
| cash and cash equivalents | |||||||
| cash | -7,511 | 1,620 | 4,489 | 1,483 | -11,497 | -3,350 | 29,851 |
| overdraft | |||||||
| change in cash | -7,511 | 1,620 | 4,489 | 1,483 | -11,497 | -3,350 | 29,851 |
asset finance 1 class a note issueco plc Credit Report and Business Information
Asset Finance 1 Class A Note Issueco Plc Competitor Analysis
Perform a competitor analysis for asset finance 1 class a note issueco plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in EC2N area or any other competitors across 12 key performance metrics.
asset finance 1 class a note issueco plc Ownership
ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC group structure
Asset Finance 1 Class A Note Issueco Plc has no subsidiary companies.
Ultimate parent company
1 parent
ASSET FINANCE 1 CLASS A NOTE ISSUECO PLC
10479863
asset finance 1 class a note issueco plc directors
Asset Finance 1 Class A Note Issueco Plc currently has 1 director, Mr Christoph Widmer serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christoph Widmer | United Kingdom | 58 years | Jan 2017 | - | Director |
P&L
December 2023turnover
3.3m
+76%
operating profit
2k
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
61.2k
+0.03%
total assets
106m
+0.59%
cash
15.1k
-0.33%
net assets
Total assets minus all liabilities
Similar Companies
asset finance 1 class a note issueco plc company details
company number
10479863
Type
Public 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
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
FLB AUDIT LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
asset finance 1 class a note issueco plc 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 asset finance 1 class a note issueco plc.
asset finance 1 class a note issueco plc 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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asset finance 1 class a note issueco plc Companies House Filings - See Documents
| date | description | view/download |
|---|
