merchant finance london limited
merchant finance london limited Company Information
Company Number
11059045
Next Accounts
Sep 2025
Shareholders
undisclosed
Group Structure
View All
Industry
Financial leasing
+2Registered Address
b1 vantage business park, old gloucester road, bristol, BS16 1GW
Website
firstmerchant.co.ukmerchant finance london limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT FINANCE LONDON LIMITED at £29.1m based on a Turnover of £17.3m and 1.68x industry multiple (adjusted for size and gross margin).
merchant finance london limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT FINANCE LONDON LIMITED at £0 based on an EBITDA of £-310.8k and a 6.32x industry multiple (adjusted for size and gross margin).
merchant finance london limited Estimated Valuation
Pomanda estimates the enterprise value of MERCHANT FINANCE LONDON LIMITED at £0 based on Net Assets of £-984.3k and 2.1x industry multiple (adjusted for liquidity).
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Merchant Finance London Limited Overview
Merchant Finance London Limited is a live company located in bristol, BS16 1GW with a Companies House number of 11059045. It operates in the financial leasing sector, SIC Code 64910. Founded in November 2017, it's largest shareholder is undisclosed with a 100% stake. Merchant Finance London Limited is a young, mid sized company, Pomanda has estimated its turnover at £17.3m with rapid growth in recent years.
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Merchant Finance London Limited Health Check
Pomanda's financial health check has awarded Merchant Finance London Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £17.3m, make it larger than the average company (£7.9m)
- Merchant Finance London Limited
£7.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 184%, show it is growing at a faster rate (7.9%)
- Merchant Finance London Limited
7.9% - Industry AVG
Production
with a gross margin of 43.4%, this company has a comparable cost of product (43.4%)
- Merchant Finance London Limited
43.4% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (24.2%)
- Merchant Finance London Limited
24.2% - Industry AVG
Employees
with 13 employees, this is above the industry average (9)
13 - Merchant Finance London Limited
9 - Industry AVG
Pay Structure
on an average salary of £67.4k, the company has an equivalent pay structure (£67.4k)
- Merchant Finance London Limited
£67.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£466.4k)
- Merchant Finance London Limited
£466.4k - Industry AVG
Debtor Days
it gets paid by customers after 157 days, this is later than average (59 days)
- Merchant Finance London Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (69 days)
- Merchant Finance London Limited
69 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merchant Finance London Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (6 weeks)
51 weeks - Merchant Finance London Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.2%, this is a higher level of debt than the average (95.2%)
110.2% - Merchant Finance London Limited
95.2% - Industry AVG
MERCHANT FINANCE LONDON LIMITED financials
Merchant Finance London Limited's latest turnover from December 2023 is estimated at £17.3 million and the company has net assets of -£984.3 thousand. According to their latest financial statements, Merchant Finance London Limited has 13 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 2,031,674 | 1,321,963 | 759,050 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | 247,080 | 153,827 | 67,541 | |||
| Gross Profit | 1,784,594 | 1,168,136 | 691,509 | |||
| Admin Expenses | 1,406,436 | 848,451 | 795,797 | |||
| Operating Profit | 378,158 | 319,685 | -104,288 | |||
| Interest Payable | 514,762 | 301,550 | 159,695 | |||
| Interest Receivable | ||||||
| Pre-Tax Profit | -136,604 | 18,135 | -263,983 | |||
| Tax | -363 | |||||
| Profit After Tax | -136,604 | 18,135 | -264,346 | |||
| Dividends Paid | ||||||
| Retained Profit | -136,604 | 18,135 | -264,346 | |||
| Employee Costs | ||||||
| Number Of Employees | 13 | 9 | 6 | 4 | 2 | 1 |
| EBITDA* | 380,348 | 320,365 | -104,288 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 8,129 | 6,571 | 2,040 | 1,014 | 1,352 | |
| Intangible Assets | 125,042 | |||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 411,803 | 643,275 | ||||
| Total Fixed Assets | 419,932 | 774,888 | 2,040 | 1,014 | 1,352 | |
| Stock & work in progress | ||||||
| Trade Debtors | 7,481,986 | 3,138,502 | 2,616,638 | 1,117,184 | 714,494 | 52,147 |
| Group Debtors | 1,000 | |||||
| Misc Debtors | 372,657 | 152,986 | 27,523 | 37,768 | ||
| Cash | 1,407,172 | 692,232 | 98,765 | 18,704 | ||
| misc current assets | ||||||
| total current assets | 9,261,815 | 3,983,720 | 2,742,926 | 1,174,656 | 714,494 | 52,147 |
| total assets | 9,681,747 | 4,758,608 | 2,744,966 | 1,175,670 | 715,846 | 52,147 |
| Bank overdraft | ||||||
| Bank loan | 5,556 | 1,803,805 | 9,683 | 4,167 | ||
| Trade Creditors | 97,964 | 192,893 | 109,482 | 102,985 | 717,921 | 49,420 |
| Group/Directors Accounts | 1,280,012 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 1,312,605 | 2,214,207 | 1,686,085 | 9,094 | ||
| total current liabilities | 1,416,125 | 4,210,905 | 1,805,250 | 1,396,258 | 717,921 | 49,420 |
| loans | 5,336,927 | 32,593 | 38,002 | 45,833 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 3,910,012 | 900,000 | 1,150,000 | |||
| provisions | 2,951 | |||||
| total long term liabilities | 9,249,890 | 932,593 | 1,188,002 | 45,833 | ||
| total liabilities | 10,666,015 | 5,143,498 | 2,993,252 | 1,442,091 | 717,921 | 49,420 |
| net assets | -984,268 | -384,890 | -248,286 | -266,421 | -2,075 | 2,727 |
| total shareholders funds | -984,268 | -384,890 | -248,286 | -266,421 | -2,075 | 2,727 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 378,158 | 319,685 | -104,288 | |||
| Depreciation | 2,709 | 2,190 | 680 | |||
| Amortisation | 62,146 | |||||
| Tax | -363 | |||||
| Stock | ||||||
| Debtors | 4,331,683 | 1,290,602 | 1,488,209 | 441,458 | 662,347 | 52,147 |
| Creditors | -94,929 | 83,411 | 6,497 | -614,936 | 668,501 | 49,420 |
| Accruals and Deferred Income | -901,602 | 528,122 | 1,676,991 | 9,094 | ||
| Deferred Taxes & Provisions | 2,951 | |||||
| Cash flow from operations | -298,721 | 515,644 | -1,151,951 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | -1,798,249 | 1,794,122 | 5,516 | 4,167 | ||
| Group/Directors Accounts | -1,280,012 | 1,280,012 | ||||
| Other Short Term Loans | ||||||
| Long term loans | 5,304,334 | -5,409 | -7,831 | 45,833 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | 3,010,012 | -250,000 | 1,150,000 | |||
| share issue | ||||||
| interest | -514,762 | -301,550 | -159,695 | |||
| cash flow from financing | 1,023,951 | -433,877 | 1,170,317 | |||
| cash and cash equivalents | ||||||
| cash | 714,940 | 593,467 | 80,061 | 18,704 | ||
| overdraft | ||||||
| change in cash | 714,940 | 593,467 | 80,061 | 18,704 |
merchant finance london limited Credit Report and Business Information
Merchant Finance London Limited Competitor Analysis
Perform a competitor analysis for merchant finance london limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in BS16 area or any other competitors across 12 key performance metrics.
merchant finance london limited Ownership
MERCHANT FINANCE LONDON LIMITED group structure
Merchant Finance London Limited has 3 subsidiary companies.
Ultimate parent company
MERCHANT FINANCE LONDON LIMITED
11059045
3 subsidiaries
merchant finance london limited directors
Merchant Finance London Limited currently has 4 directors. The longest serving directors include Mr Yisrael Perkel (Nov 2017) and Mr Daniel David (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Yisrael Perkel | United Kingdom | 38 years | Nov 2017 | - | Director |
| Mr Daniel David | United Kingdom | 38 years | May 2019 | - | Director |
| Mr Daniel David | England | 38 years | May 2019 | - | Director |
| Mr Jeremy Benjamin | United Kingdom | 53 years | Aug 2020 | - | Director |
P&L
December 2023turnover
17.3m
+751%
operating profit
-375.7k
0%
gross margin
43.4%
-50.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-984.3k
+1.56%
total assets
9.7m
+1.03%
cash
1.4m
+1.03%
net assets
Total assets minus all liabilities
merchant finance london limited company details
company number
11059045
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
64910 - Financial leasing
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
b1 vantage business park, old gloucester road, bristol, BS16 1GW
Bank
-
Legal Advisor
-
merchant finance london 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 found 1 charges/mortgages relating to merchant finance london limited. Currently there are 1 open charges and 0 have been satisfied in the past.
merchant finance london 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 MERCHANT FINANCE LONDON LIMITED. This can take several minutes, an email will notify you when this has completed.
merchant finance london limited Companies House Filings - See Documents
| date | description | view/download |
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