Pomanda estimates the enterprise value of CONNECTIVE LENDING LTD at £1.6m based on a Turnover of £1.6m and 1.03x industry multiple (adjusted for size and gross margin).
connective lending ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of CONNECTIVE LENDING LTD at £0 based on an EBITDA of £-82.5k and a 3.93x industry multiple (adjusted for size and gross margin).
connective lending ltdEstimated Valuation
£314.9k
Pomanda estimates the enterprise value of CONNECTIVE LENDING LTD at £314.9k based on Net Assets of £132.5k and 2.38x industry multiple (adjusted for liquidity).
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Connective Lending LtdOverview
Connective Lending Ltd is a dissolved company that was located in southampton, SO14 7SJ with a Companies House number of 11221510. It operated in the credit granting by non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921. Founded in February 2018, it's largest shareholder was
daniel grimes
with a 40% stake. The last turnover for Connective Lending Ltd was estimated at £1.6m.
Pomanda's financial health check has awarded Connective Lending Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£11.4m)
£1.6m - Connective Lending Ltd
£11.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 119%, show it is growing at a faster rate (8.1%)
119% - Connective Lending Ltd
8.1% - Industry AVG
Production
with a gross margin of 19.2%, this company has a comparable cost of product (19.2%)
19.2% - Connective Lending Ltd
19.2% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (7.4%)
-5.3% - Connective Lending Ltd
7.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Connective Lending Ltd
13 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£64.5k)
£64.5k - Connective Lending Ltd
£64.5k - Industry AVG
Efficiency
resulting in sales per employee of £319.7k, this is equally as efficient (£319.7k)
£319.7k - Connective Lending Ltd
£319.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Connective Lending Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Connective Lending Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Connective Lending Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 123 weeks, this is more cash available to meet short term requirements (6 weeks)
123 weeks - Connective Lending Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.5%, this is a lower level of debt than the average (100%)
47.5% - Connective Lending Ltd
100% - Industry AVG
CONNECTIVE LENDING LTD financials
EXPORT
Connective Lending Ltd's latest turnover from February 2022 is estimated at £1.6 million and the company has net assets of £132.5 thousand. According to their latest financial statements, Connective Lending Ltd has 5 employees and maintains cash reserves of £166.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Turnover
1,598,650
650,231
143,969
151,876
Other Income Or Grants
Cost Of Sales
1,292,514
490,500
102,443
105,819
Gross Profit
306,136
159,731
41,526
46,057
Admin Expenses
391,024
235,615
68,936
-15,671
Operating Profit
-84,888
-75,884
-27,410
61,728
Interest Payable
Interest Receivable
662
49
Pre-Tax Profit
-84,226
-75,835
-27,410
61,728
Tax
-11,728
Profit After Tax
-84,226
-75,835
-27,410
50,000
Dividends Paid
Retained Profit
-84,226
-75,835
-27,410
50,000
Employee Costs
322,698
166,568
53,734
48,862
Number Of Employees
5
3
1
1
EBITDA*
-82,451
-75,884
-27,410
61,728
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Tangible Assets
2,724
10,000
Intangible Assets
21,951
4,858
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
21,951
4,858
2,724
10,000
Stock & work in progress
Trade Debtors
9,867
50,000
Group Debtors
Misc Debtors
63,924
17,299
10,000
Cash
166,752
98,180
misc current assets
total current assets
230,676
115,479
19,867
50,000
total assets
252,627
120,337
22,591
60,000
Bank overdraft
Bank loan
Trade Creditors
10,346
1
10,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
70,098
13,236
total current liabilities
70,098
23,582
1
10,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
50,000
50,000
provisions
total long term liabilities
50,000
50,000
total liabilities
120,098
73,582
1
10,000
net assets
132,529
46,755
22,590
50,000
total shareholders funds
132,529
46,755
22,590
50,000
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Operating Activities
Operating Profit
-84,888
-75,884
-27,410
61,728
Depreciation
Amortisation
2,437
Tax
-11,728
Stock
Debtors
46,625
-2,568
-30,133
50,000
Creditors
-10,346
10,345
-9,999
10,000
Accruals and Deferred Income
56,862
13,236
Deferred Taxes & Provisions
Cash flow from operations
-82,560
-49,735
-7,276
10,000
Investing Activities
capital expenditure
-19,530
-2,134
7,276
-10,000
Change in Investments
cash flow from investments
-19,530
-2,134
7,276
-10,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
50,000
share issue
170,000
100,000
interest
662
49
cash flow from financing
170,662
150,049
cash and cash equivalents
cash
68,572
98,180
overdraft
change in cash
68,572
98,180
connective lending ltd 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 connective lending ltd. Get real-time insights into connective lending ltd's credit score, group structure and payment trends.
Perform a competitor analysis for connective lending ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in SO14 area or any other competitors across 12 key performance metrics.
connective lending ltd Ownership
CONNECTIVE LENDING LTD group structure
Connective Lending Ltd has no subsidiary companies.
Ultimate parent company
CONNECTIVE LENDING LTD
11221510
CONNECTIVE LENDING LTD Shareholders
The largest shareholders in Connective Lending Ltd include Daniel Grimes and Noman Akram.
daniel grimes
40.05%
noman akram
40.05%
peter scrancher
15%
ben ling
4.9%
connective lending ltd directors
Connective Lending Ltd currently has 3 directors.
The longest serving directors include
Mr Noman Akram (Feb 2018) and
Mr Daniel Grimes (Jul 2018).
64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2022
previous names
N/A
accountant
-
auditor
-
address
14 the marlands centre, portland terrace, southampton, SO14 7SJ
Bank
-
Legal Advisor
-
connective lending ltd 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 connective lending ltd.
connective lending ltd 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 CONNECTIVE LENDING LTD. This can take several minutes, an email will notify you when this has completed.
connective lending ltdCompanies House Filings - See Documents
