Pomanda estimates the enterprise value of PIVOT LENDING NO.2 LIMITED at £390.4m based on a Turnover of £158.1m and 2.47x industry multiple (adjusted for size and gross margin).
pivot lending no.2 limitedEstimated Valuation
£9.3m
Pomanda estimates the enterprise value of PIVOT LENDING NO.2 LIMITED at £9.3m based on an EBITDA of £1m and a 8.96x industry multiple (adjusted for size and gross margin).
pivot lending no.2 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of PIVOT LENDING NO.2 LIMITED at £0 based on Net Assets of £-1.2m and 1.23x industry multiple (adjusted for liquidity).
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Pivot Lending No.2 LimitedOverview
Pivot Lending No.2 Limited is a live company located in london, W1S 2QH with a Companies House number of 10765661. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in May 2017, it's largest shareholder is
pivot lending limited
with a 100% stake. Pivot Lending No.2 Limited is a young,
mega sized company, Pomanda has estimated its turnover at
£158.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Pivot Lending No.2 Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £158.1m, make it larger than the average company (£5.1m)
£158.1m - Pivot Lending No.2 Limited
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.8%)
46% - Pivot Lending No.2 Limited
6.8% - Industry AVG
Production
with a gross margin of 56.1%, this company has a comparable cost of product (56.1%)
56.1% - Pivot Lending No.2 Limited
56.1% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (9.4%)
0.7% - Pivot Lending No.2 Limited
9.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Pivot Lending No.2 Limited
12 - Industry AVG
Pay Structure
on an average salary of £79.4k, the company has an equivalent pay structure (£79.4k)
£79.4k - Pivot Lending No.2 Limited
£79.4k - Industry AVG
Efficiency
resulting in sales per employee of £52.7m, this is more efficient (£213.2k)
£52.7m - Pivot Lending No.2 Limited
£213.2k - Industry AVG
Debtor Days
it gets paid by customers after 83 days, this is later than average (32 days)
83 days - Pivot Lending No.2 Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (41 days)
7 days - Pivot Lending No.2 Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pivot Lending No.2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 40 weeks, this is more cash available to meet short term requirements (28 weeks)
40 weeks - Pivot Lending No.2 Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.3%, this is a higher level of debt than the average (69.3%)
103.3% - Pivot Lending No.2 Limited
69.3% - Industry AVG
PIVOT LENDING NO.2 LIMITED financials
EXPORT
Pivot Lending No.2 Limited's latest turnover from March 2024 is estimated at £158.1 million and the company has net assets of -£1.2 million. According to their latest financial statements, Pivot Lending No.2 Limited has 3 employees and maintains cash reserves of £1.2 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Turnover
158,130,538
96,179,811
24,216,018
50,381,704
70,579,660
54,322,956
28,969,117
Other Income Or Grants
Cost Of Sales
69,418,511
40,042,741
9,562,248
20,008,372
27,243,222
21,648,811
11,589,975
Gross Profit
88,712,027
56,137,069
14,653,770
30,373,331
43,336,439
32,674,145
17,379,142
Admin Expenses
87,669,793
53,615,860
14,732,678
29,121,451
42,909,820
32,468,295
17,350,761
Operating Profit
1,042,234
2,521,209
-78,908
1,251,880
426,619
205,850
28,381
Interest Payable
2,657,488
816,698
622,879
603,000
746,795
689,061
118,443
Interest Receivable
35,929
13,372
2,710
546
1,757
12,043
1,217
Pre-Tax Profit
-1,579,325
1,717,884
-699,077
649,426
-318,420
-471,167
-88,845
Tax
-326,398
-123,391
Profit After Tax
-1,579,325
1,391,486
-699,077
526,035
-318,420
-471,167
-88,845
Dividends Paid
Retained Profit
-1,579,325
1,391,486
-699,077
526,035
-318,420
-471,167
-88,845
Employee Costs
238,176
295,586
292,908
205,966
207,490
204,997
197,455
Number Of Employees
3
4
4
3
3
3
3
EBITDA*
1,042,234
2,521,209
-78,908
1,251,880
426,619
205,850
28,381
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
53,905
1,453,659
1,208,463
Total Fixed Assets
53,905
1,453,659
1,208,463
Stock & work in progress
Trade Debtors
36,220,191
20,758,463
5,076,846
12,861,870
16,932,350
13,869,719
7,369,946
Group Debtors
608,452
628,452
630,882
360,363
Misc Debtors
513,990
329,713
452,631
565,921
117,571
378,613
Cash
1,158,965
209,742
419,548
303,060
788,949
2,724,736
486,853
misc current assets
total current assets
37,893,146
21,906,370
6,577,477
14,361,733
18,199,233
16,866,833
8,235,412
total assets
37,947,051
23,360,029
7,785,940
14,361,733
18,199,233
16,866,833
8,235,412
Bank overdraft
2,918,524
6,305,340
7,712,884
1
Bank loan
Trade Creditors
1,479,538
13,482,417
191,260
4,481
7,800
25,400
Group/Directors Accounts
2,350,424
2,272,693
11,061,553
4,479,872
other short term finances
16,772,212
3,644,402
hp & lease commitments
other current liabilities
88,821
192,464
298,647
174,483
total current liabilities
1,479,538
13,482,417
5,357,769
8,961,757
19,077,565
17,426,745
8,324,157
loans
37,706,726
9,537,500
3,479,545
5,752,273
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
37,706,726
9,537,500
3,479,545
5,752,273
total liabilities
39,186,264
23,019,917
8,837,314
14,714,030
19,077,565
17,426,745
8,324,157
net assets
-1,239,213
340,112
-1,051,374
-352,297
-878,332
-559,912
-88,745
total shareholders funds
-1,239,213
340,112
-1,051,374
-352,297
-878,332
-559,912
-88,745
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Operating Activities
Operating Profit
1,042,234
2,521,209
-78,908
1,251,880
426,619
205,850
28,381
Depreciation
Amortisation
Tax
-326,398
-123,391
Stock
Debtors
13,637,799
15,783,895
-6,692,281
-3,351,611
3,540,565
6,121,160
7,748,559
Creditors
-12,002,879
13,482,417
-191,260
186,779
-3,319
-17,600
25,400
Accruals and Deferred Income
-88,821
-103,643
-106,183
298,647
-174,483
174,483
Deferred Taxes & Provisions
Cash flow from operations
-24,598,444
-195,488
6,318,470
4,560,696
-2,818,618
-6,107,393
-7,520,295
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-2,350,424
77,731
-8,788,860
11,061,553
-4,479,872
4,479,872
Other Short Term Loans
-16,772,212
13,127,810
3,644,402
Long term loans
28,169,226
6,057,955
-2,272,728
5,752,273
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-2,621,559
-803,326
-620,169
-602,454
-745,038
-677,018
-117,226
cash flow from financing
25,547,667
2,904,205
-2,815,166
-3,639,041
-6,455,697
7,970,920
8,007,148
cash and cash equivalents
cash
949,223
-209,806
116,488
-485,889
-1,935,787
2,237,883
486,853
overdraft
-2,918,524
-3,386,816
-1,407,544
7,712,883
1
change in cash
949,223
2,708,718
3,503,304
921,655
-9,648,670
2,237,882
486,853
pivot lending no.2 limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for pivot lending no.2 limited. Get real-time insights into pivot lending no.2 limited's credit score, group structure and payment trends.
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pivot lending no.2 limited Ownership
PIVOT LENDING NO.2 LIMITED group structure
Pivot Lending No.2 Limited has no subsidiary companies.
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 6 charges/mortgages relating to pivot lending no.2 limited. Currently there are 2 open charges and 4 have been satisfied in the past.
pivot lending no.2 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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pivot lending no.2 limitedCompanies House Filings - See Documents
