cumbria mortgage centre limited
cumbria mortgage centre limited Company Information
Company Number
11653572
Website
-Registered Address
7 king street, penrith, CA11 7AR
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01768863675
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
penrith building society 100%
cumbria mortgage centre limited Estimated Valuation
Pomanda estimates the enterprise value of CUMBRIA MORTGAGE CENTRE LIMITED at £1.2k based on a Turnover of £1.3k and 0.95x industry multiple (adjusted for size and gross margin).
cumbria mortgage centre limited Estimated Valuation
Pomanda estimates the enterprise value of CUMBRIA MORTGAGE CENTRE LIMITED at £26.6k based on an EBITDA of £7.1k and a 3.74x industry multiple (adjusted for size and gross margin).
cumbria mortgage centre limited Estimated Valuation
Pomanda estimates the enterprise value of CUMBRIA MORTGAGE CENTRE LIMITED at £26.3k based on Net Assets of £38.9k and 0.68x industry multiple (adjusted for liquidity).
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Cumbria Mortgage Centre Limited Overview
Cumbria Mortgage Centre Limited is a live company located in penrith, CA11 7AR with a Companies House number of 11653572. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in November 2018, it's largest shareholder is penrith building society with a 100% stake. Cumbria Mortgage Centre Limited is a young, micro sized company, Pomanda has estimated its turnover at £1.3k with declining growth in recent years.
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Cumbria Mortgage Centre Limited Health Check
Pomanda's financial health check has awarded Cumbria Mortgage Centre Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.3k, make it smaller than the average company (£4.6m)
- Cumbria Mortgage Centre Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (3.2%)
- Cumbria Mortgage Centre Limited
3.2% - Industry AVG
Production
with a gross margin of 21.2%, this company has a higher cost of product (61.2%)
- Cumbria Mortgage Centre Limited
61.2% - Industry AVG
Profitability
an operating margin of 557.2% make it more profitable than the average company (10.9%)
- Cumbria Mortgage Centre Limited
10.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (15)
- Cumbria Mortgage Centre Limited
15 - Industry AVG
Pay Structure
on an average salary of £79k, the company has an equivalent pay structure (£79k)
- Cumbria Mortgage Centre Limited
£79k - Industry AVG
Efficiency
resulting in sales per employee of £1.3k, this is less efficient (£225.9k)
- Cumbria Mortgage Centre Limited
£225.9k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (30 days)
- Cumbria Mortgage Centre Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Cumbria Mortgage Centre Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cumbria Mortgage Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 206 weeks, this is more cash available to meet short term requirements (38 weeks)
206 weeks - Cumbria Mortgage Centre Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (58.8%)
25% - Cumbria Mortgage Centre Limited
58.8% - Industry AVG
CUMBRIA MORTGAGE CENTRE LIMITED financials
Cumbria Mortgage Centre Limited's latest turnover from December 2022 is estimated at £1.3 thousand and the company has net assets of £38.9 thousand. According to their latest financial statements, we estimate that Cumbria Mortgage Centre Limited has 1 employee and maintains cash reserves of £51.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Turnover | 10,683 | |||
| Other Income Or Grants | 0 | |||
| Cost Of Sales | 0 | |||
| Gross Profit | 10,683 | |||
| Admin Expenses | 4,018 | |||
| Operating Profit | 6,665 | |||
| Interest Payable | 0 | |||
| Interest Receivable | 0 | |||
| Pre-Tax Profit | 6,665 | |||
| Tax | -1,266 | |||
| Profit After Tax | 5,399 | |||
| Dividends Paid | 0 | |||
| Retained Profit | 5,399 | |||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | 6,665 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 336 | 0 | 1,883 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2,503 |
| Cash | 51,579 | 43,767 | 23,147 | 8,250 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 51,915 | 43,767 | 25,030 | 10,753 |
| total assets | 51,915 | 43,767 | 25,030 | 10,753 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 11,932 | 7,269 | 0 |
| Group/Directors Accounts | 100 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 12,881 | 0 | 0 | 5,352 |
| total current liabilities | 12,981 | 11,932 | 7,269 | 5,352 |
| loans | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| total liabilities | 12,981 | 11,932 | 7,269 | 5,352 |
| net assets | 38,934 | 31,835 | 17,761 | 5,401 |
| total shareholders funds | 38,934 | 31,835 | 17,761 | 5,401 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 6,665 | |||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | -1,266 | |||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 336 | -1,883 | -620 | 2,503 |
| Creditors | -11,932 | 4,663 | 7,269 | 0 |
| Accruals and Deferred Income | 12,881 | 0 | -5,352 | 5,352 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | 8,248 | |||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 100 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 0 | |||
| cash flow from financing | 2 | |||
| cash and cash equivalents | ||||
| cash | 7,812 | 20,620 | 14,897 | 8,250 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 7,812 | 20,620 | 14,897 | 8,250 |
cumbria mortgage centre limited Credit Report and Business Information
Cumbria Mortgage Centre Limited Competitor Analysis
Perform a competitor analysis for cumbria mortgage centre limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CA11 area or any other competitors across 12 key performance metrics.
cumbria mortgage centre limited Ownership
CUMBRIA MORTGAGE CENTRE LIMITED group structure
Cumbria Mortgage Centre Limited has no subsidiary companies.
Ultimate parent company
CUMBRIA MORTGAGE CENTRE LIMITED
11653572
cumbria mortgage centre limited directors
Cumbria Mortgage Centre Limited currently has 2 directors. The longest serving directors include Miss Elspeth James (Nov 2018) and Mrs Louise Watt (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Elspeth James | United Kingdom | 50 years | Nov 2018 | - | Director |
| Mrs Louise Watt | England | 55 years | Apr 2022 | - | Director |
P&L
December 2022turnover
1.3k
-89%
operating profit
7.1k
0%
gross margin
21.2%
-8.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
38.9k
+0.22%
total assets
51.9k
+0.19%
cash
51.6k
+0.18%
net assets
Total assets minus all liabilities
cumbria mortgage centre limited company details
company number
11653572
Type
Private 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.
incorporation date
November 2018
age
6
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
7 king street, penrith, CA11 7AR
accountant
-
auditor
-
cumbria mortgage centre 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 did not find charges/mortgages relating to cumbria mortgage centre limited.
cumbria mortgage centre limited Companies House Filings - See Documents
| date | description | view/download |
|---|
