ripon mortgages plc
ripon mortgages plc Company Information
Company Number
10664477
Next Accounts
Jun 2025
Directors
Shareholders
ripon mortgages holdings 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.
+1Registered Address
1 bartholomew lane, london, EC2N 2AX
Website
http://intertrustgroup.comripon mortgages plc Estimated Valuation
Pomanda estimates the enterprise value of RIPON MORTGAGES PLC at £507.6m based on a Turnover of £323.4m and 1.57x industry multiple (adjusted for size and gross margin).
ripon mortgages plc Estimated Valuation
Pomanda estimates the enterprise value of RIPON MORTGAGES PLC at £0 based on an EBITDA of £-4.2m and a 6x industry multiple (adjusted for size and gross margin).
ripon mortgages plc Estimated Valuation
Pomanda estimates the enterprise value of RIPON MORTGAGES PLC at £0 based on Net Assets of £-38.3m and 2.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ripon Mortgages Plc Overview
Ripon Mortgages Plc is a live company located in london, EC2N 2AX with a Companies House number of 10664477. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2017, it's largest shareholder is ripon mortgages holdings limited with a 100% stake. Ripon Mortgages Plc is a young, mega sized company, Pomanda has estimated its turnover at £323.4m with high growth in recent years.
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Ripon Mortgages Plc Health Check
Pomanda's financial health check has awarded Ripon Mortgages Plc a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £323.4m, make it larger than the average company (£5.8m)
£323.4m - Ripon Mortgages Plc
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (5.8%)
30% - Ripon Mortgages Plc
5.8% - Industry AVG
Production
with a gross margin of 6.3%, this company has a higher cost of product (43.4%)
6.3% - Ripon Mortgages Plc
43.4% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (10.4%)
-1.3% - Ripon Mortgages Plc
10.4% - Industry AVG
Employees
with 1456 employees, this is above the industry average (13)
- Ripon Mortgages Plc
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Ripon Mortgages Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £222.1k, this is equally as efficient (£222.1k)
- Ripon Mortgages Plc
£222.1k - Industry AVG
Debtor Days
it gets paid by customers after 281 days, this is later than average (26 days)
281 days - Ripon Mortgages Plc
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ripon Mortgages Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ripon Mortgages Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (24 weeks)
45 weeks - Ripon Mortgages Plc
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (82.2%)
100.8% - Ripon Mortgages Plc
82.2% - Industry AVG
RIPON MORTGAGES PLC financials
Ripon Mortgages Plc's latest turnover from December 2023 is £323.4 million and the company has net assets of -£38.3 million. According to their latest financial statements, we estimate that Ripon Mortgages Plc has 1,456 employees and maintains cash reserves of £277.2 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | 323,369,780 | 185,403,172 | 129,560,355 | 147,251,800 | 205,947,394 | 209,772,839 | 147,165,201 |
| Other Income Or Grants | |||||||
| Cost Of Sales | 302,952,510 | 182,267,331 | 166,838,148 | 165,481,530 | 112,683,903 | 189,587,932 | 132,197,348 |
| Gross Profit | 20,417,270 | 3,135,841 | -37,277,793 | -18,229,730 | 93,263,491 | 20,184,907 | 14,967,853 |
| Admin Expenses | 24,600,723 | 18,149,498 | |||||
| Operating Profit | -4,183,453 | -15,013,657 | |||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | -4,183,453 | -15,013,657 | -51,915,422 | -38,889,389 | 71,723,716 | 4,000 | 2,000 |
| Tax | -941 | -760 | -760 | -760 | -760 | -844 | -381 |
| Profit After Tax | -4,184,394 | -15,014,417 | -51,916,182 | -38,890,149 | 71,722,956 | 3,156 | 1,619 |
| Dividends Paid | |||||||
| Retained Profit | -4,184,394 | -15,014,417 | -51,916,182 | -38,890,149 | 71,722,956 | 3,156 | 1,619 |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | -4,183,453 | -15,013,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 6,485,549,087 | 6,993,211,661 | 7,716,587,219 | 8,199,113,337 | |||
| Debtors (Due After 1 year) | 4,057,889,640 | 4,513,745,955 | 5,763,768,560 | ||||
| Total Fixed Assets | 4,057,889,640 | 4,513,745,955 | 5,763,768,560 | 6,485,549,087 | 6,993,211,661 | 7,716,587,219 | 8,199,113,337 |
| Stock & work in progress | |||||||
| Trade Debtors | 249,042,878 | 725,704,941 | |||||
| Group Debtors | |||||||
| Misc Debtors | 37,431,921 | 26,799,634 | 22,359,131 | 22,146,485 | 708,516,208 | 765,587,088 | 1,112,695,104 |
| Cash | 277,216,164 | 391,952,255 | 353,568,926 | 321,402,209 | 355,984,722 | 372,362,550 | 363,535,902 |
| misc current assets | 626,069,789 | 613,750,266 | |||||
| total current assets | 563,690,963 | 1,144,456,830 | 1,001,997,846 | 957,298,960 | 1,064,500,930 | 1,137,949,638 | 1,476,231,006 |
| total assets | 4,621,580,603 | 5,658,202,785 | 6,765,766,406 | 7,442,848,047 | 8,057,712,591 | 8,854,536,857 | 9,675,344,343 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | |||||||
| other short term finances | 249,042,878 | 725,704,941 | 626,069,789 | 613,750,266 | 675,887,993 | 730,051,114 | 1,079,458,221 |
| hp & lease commitments | |||||||
| other current liabilities | 65,722,621 | 38,654,005 | 45,727,071 | 33,891,673 | 48,599,788 | 54,614,183 | 49,162,157 |
| total current liabilities | 314,765,499 | 764,358,946 | 671,796,860 | 647,641,939 | 724,487,781 | 784,665,297 | 1,128,620,378 |
| loans | 4,345,080,014 | 4,927,924,355 | 6,113,035,645 | 6,762,356,025 | 7,261,484,578 | 8,069,854,284 | 8,546,709,845 |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 4,345,080,014 | 4,927,924,355 | 6,113,035,645 | 6,762,356,025 | 7,261,484,578 | 8,069,854,284 | 8,546,709,845 |
| total liabilities | 4,659,845,513 | 5,692,283,301 | 6,784,832,505 | 7,409,997,964 | 7,985,972,359 | 8,854,519,581 | 9,675,330,223 |
| net assets | -38,264,910 | -34,080,516 | -19,066,099 | 32,850,083 | 71,740,232 | 17,276 | 14,120 |
| total shareholders funds | -38,264,910 | -34,080,516 | -19,066,099 | 32,850,083 | 71,740,232 | 17,276 | 14,120 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -4,183,453 | -15,013,657 | |||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | -941 | -760 | -760 | -760 | -760 | -844 | -381 |
| Stock | |||||||
| Debtors | -921,886,091 | -519,877,161 | 5,763,981,206 | -686,369,723 | -57,070,880 | -347,108,016 | 1,112,695,104 |
| Creditors | |||||||
| Accruals and Deferred Income | 27,068,616 | -7,073,066 | 11,835,398 | -14,708,115 | -6,014,395 | 5,452,026 | 49,162,157 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | 944,770,313 | 497,789,678 | |||||
| Investing Activities | |||||||
| capital expenditure | 827,356,120 | -8,892,198,329 | |||||
| Change in Investments | -6,485,549,087 | -507,662,574 | -723,375,558 | -482,526,118 | 8,199,113,337 | ||
| cash flow from investments | 6,485,549,087 | 507,662,574 | 723,375,558 | 1,309,882,238 | -17,091,311,666 | ||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | -476,662,063 | 99,635,152 | 12,319,523 | -62,137,727 | -54,163,121 | -349,407,107 | 1,079,458,221 |
| Long term loans | -582,844,341 | -1,185,111,290 | -649,320,380 | -499,128,553 | -808,369,706 | -476,855,561 | 8,546,709,845 |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | -1,059,506,404 | -1,085,476,138 | -637,000,857 | -561,266,280 | -862,532,827 | -826,262,668 | 9,626,180,567 |
| cash and cash equivalents | |||||||
| cash | -114,736,091 | 38,383,329 | 32,166,717 | -34,582,513 | -16,377,828 | 8,826,648 | 363,535,902 |
| overdraft | |||||||
| change in cash | -114,736,091 | 38,383,329 | 32,166,717 | -34,582,513 | -16,377,828 | 8,826,648 | 363,535,902 |
ripon mortgages plc Credit Report and Business Information
Ripon Mortgages Plc Competitor Analysis
Perform a competitor analysis for ripon mortgages plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EC2N area or any other competitors across 12 key performance metrics.
ripon mortgages plc Ownership
RIPON MORTGAGES PLC group structure
Ripon Mortgages Plc has no subsidiary companies.
Ultimate parent company
INTERTRUST GROUP BV
#0175528
2 parents
RIPON MORTGAGES PLC
10664477
ripon mortgages plc directors
Ripon Mortgages Plc currently has 1 director, Mrs Susan Abrahams serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Abrahams | United Kingdom | 67 years | Aug 2018 | - | Director |
P&L
December 2023turnover
323.4m
+74%
operating profit
-4.2m
-72%
gross margin
6.4%
+273.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-38.3m
+0.12%
total assets
4.6b
-0.18%
cash
277.2m
-0.29%
net assets
Total assets minus all liabilities
ripon mortgages plc company details
company number
10664477
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.
64922 - Activities of mortgage finance companies
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ECOBIS WINGRAVE YEATS LLP
address
1 bartholomew lane, london, EC2N 2AX
Bank
-
Legal Advisor
-
ripon mortgages 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 found 3 charges/mortgages relating to ripon mortgages plc. Currently there are 2 open charges and 1 have been satisfied in the past.
ripon mortgages 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.
Click to start generating capital raising & share issue transactions for RIPON MORTGAGES PLC. This can take several minutes, an email will notify you when this has completed.
ripon mortgages plc Companies House Filings - See Documents
| date | description | view/download |
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