charter mortgage funding 2018-1 plc
charter mortgage funding 2018-1 plc Company Information
Company Number
11329280
Next Accounts
1 days late
Industry
Other business support service activities n.e.c.
Directors
Shareholders
charter mortgage holdings 2018-1 limited
Group Structure
View All
Contact
Registered Address
40a station road, upminster, essex, RM14 2TR
Website
-charter mortgage funding 2018-1 plc Estimated Valuation
Pomanda estimates the enterprise value of CHARTER MORTGAGE FUNDING 2018-1 PLC at £4.8m based on a Turnover of £5.6m and 0.85x industry multiple (adjusted for size and gross margin).
charter mortgage funding 2018-1 plc Estimated Valuation
Pomanda estimates the enterprise value of CHARTER MORTGAGE FUNDING 2018-1 PLC at £84.5m based on an EBITDA of £13.5m and a 6.28x industry multiple (adjusted for size and gross margin).
charter mortgage funding 2018-1 plc Estimated Valuation
Pomanda estimates the enterprise value of CHARTER MORTGAGE FUNDING 2018-1 PLC at £0 based on Net Assets of £-3.4m and 2.35x industry multiple (adjusted for liquidity).
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Charter Mortgage Funding 2018-1 Plc Overview
Charter Mortgage Funding 2018-1 Plc is a live company located in essex, RM14 2TR with a Companies House number of 11329280. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2018, it's largest shareholder is charter mortgage holdings 2018-1 limited with a 100% stake. Charter Mortgage Funding 2018-1 Plc is a young, mid sized company, Pomanda has estimated its turnover at £5.6m with declining growth in recent years.
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Charter Mortgage Funding 2018-1 Plc Health Check
Pomanda's financial health check has awarded Charter Mortgage Funding 2018-1 Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
3 Weak
Size
annual sales of £5.6m, make it larger than the average company (£3.3m)
£5.6m - Charter Mortgage Funding 2018-1 Plc
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (1.3%)
-4% - Charter Mortgage Funding 2018-1 Plc
1.3% - Industry AVG
Production
with a gross margin of 70.5%, this company has a lower cost of product (37.4%)
70.5% - Charter Mortgage Funding 2018-1 Plc
37.4% - Industry AVG
Profitability
an operating margin of 238.2% make it more profitable than the average company (5.5%)
238.2% - Charter Mortgage Funding 2018-1 Plc
5.5% - Industry AVG
Employees
with 16 employees, this is below the industry average (24)
- Charter Mortgage Funding 2018-1 Plc
24 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Charter Mortgage Funding 2018-1 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £353.1k, this is more efficient (£146.3k)
- Charter Mortgage Funding 2018-1 Plc
£146.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Charter Mortgage Funding 2018-1 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Charter Mortgage Funding 2018-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Charter Mortgage Funding 2018-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 29 weeks, this is average cash available to meet short term requirements (25 weeks)
29 weeks - Charter Mortgage Funding 2018-1 Plc
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.2%, this is a higher level of debt than the average (64.8%)
103.2% - Charter Mortgage Funding 2018-1 Plc
64.8% - Industry AVG
CHARTER MORTGAGE FUNDING 2018-1 PLC financials
Charter Mortgage Funding 2018-1 Plc's latest turnover from December 2021 is £5.6 million and the company has net assets of -£3.4 million. According to their latest financial statements, we estimate that Charter Mortgage Funding 2018-1 Plc has 16 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Turnover | 5,648,956 | 5,179,945 | 7,569,068 | 6,465,205 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,665,510 | 4,651,383 | 6,383,414 | 6,073,699 |
| Gross Profit | 3,983,446 | 528,562 | 1,185,654 | 391,506 |
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 4,494,498 | -729,407 | -142,697 | -144,663 |
| Tax | -228 | -101 | -228 | -126 |
| Profit After Tax | 4,494,270 | -729,508 | -142,925 | -144,789 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | 4,494,270 | -729,508 | -142,925 | -144,789 |
| Employee Costs | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 75,980,487 | 114,613,853 | 157,840,364 | 222,273,498 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 75,980,487 | 114,613,853 | 157,840,364 | 222,273,498 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 90,279 | 22,200,828 | 33,989,667 | 46,434,161 |
| Cash | 3,228,366 | 4,750,505 | 9,782,983 | 9,458,742 |
| misc current assets | 28,557,155 | 0 | 0 | 0 |
| total current assets | 31,875,800 | 26,951,333 | 43,772,650 | 55,892,903 |
| total assets | 107,856,287 | 141,565,186 | 201,613,014 | 278,166,401 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 5,435,148 | 29,769,912 | 40,137,606 | 49,872,217 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 258,005 | 127,642 | 243,800 | 364,297 |
| total current liabilities | 5,693,153 | 29,897,554 | 40,381,406 | 50,236,514 |
| loans | 105,559,680 | 112,672,353 | 161,506,821 | 228,062,175 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 105,559,680 | 112,672,353 | 161,506,821 | 228,062,175 |
| total liabilities | 111,252,833 | 142,569,907 | 201,888,227 | 278,298,689 |
| net assets | -3,396,546 | -1,004,721 | -275,213 | -132,288 |
| total shareholders funds | -3,396,546 | -1,004,721 | -275,213 | -132,288 |
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -228 | -101 | -228 | -126 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -22,110,549 | -11,788,839 | -12,444,494 | 46,434,161 |
| Creditors | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 130,363 | -116,158 | -120,497 | 364,297 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 25,057,306 |
| Change in Investments | -38,633,366 | -43,226,511 | -64,433,134 | 222,273,498 |
| cash flow from investments | 38,633,366 | 43,226,511 | 64,433,134 | -197,216,192 |
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -24,334,764 | -10,367,694 | -9,734,611 | 49,872,217 |
| Long term loans | -7,112,673 | -48,834,468 | -66,555,354 | 228,062,175 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | 0 | 0 | 0 |
| cash flow from financing | -38,333,532 | -59,202,162 | -76,289,965 | 277,946,893 |
| cash and cash equivalents | ||||
| cash | -1,522,139 | -5,032,478 | 324,241 | 9,458,742 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -1,522,139 | -5,032,478 | 324,241 | 9,458,742 |
charter mortgage funding 2018-1 plc Credit Report and Business Information
Charter Mortgage Funding 2018-1 Plc Competitor Analysis
Perform a competitor analysis for charter mortgage funding 2018-1 plc by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in RM14 area or any other competitors across 12 key performance metrics.
charter mortgage funding 2018-1 plc Ownership
CHARTER MORTGAGE FUNDING 2018-1 PLC group structure
Charter Mortgage Funding 2018-1 Plc has no subsidiary companies.
Ultimate parent company
INTERTRUST NV
#0110105
2 parents
CHARTER MORTGAGE FUNDING 2018-1 PLC
11329280
charter mortgage funding 2018-1 plc directors
Charter Mortgage Funding 2018-1 Plc currently has 1 director, Mr Oskari Tammenmaa serving since Feb 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Oskari Tammenmaa | England | 44 years | Feb 2024 | - | Director |
P&L
December 2021turnover
5.6m
+9%
operating profit
13.5m
0%
gross margin
70.6%
+591.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
-3.4m
+2.38%
total assets
107.9m
-0.24%
cash
3.2m
-0.32%
net assets
Total assets minus all liabilities
charter mortgage funding 2018-1 plc company details
company number
11329280
Type
Public limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2018
age
6
incorporated
UK
ultimate parent company
accounts
Interim
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
40a station road, upminster, essex, RM14 2TR
Bank
-
Legal Advisor
-
charter mortgage funding 2018-1 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 2 charges/mortgages relating to charter mortgage funding 2018-1 plc. Currently there are 0 open charges and 2 have been satisfied in the past.
charter mortgage funding 2018-1 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 CHARTER MORTGAGE FUNDING 2018-1 PLC. This can take several minutes, an email will notify you when this has completed.
charter mortgage funding 2018-1 plc Companies House Filings - See Documents
| date | description | view/download |
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