tower bridge funding 2021-1 plc
tower bridge funding 2021-1 plc Company Information
Company Number
13061746
Next Accounts
Jun 2025
Directors
Shareholders
tower bridge funding 2021-1 holdings limited
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
+1Registered Address
10th floor 5 churchill place, london, E14 5HU
Website
-tower bridge funding 2021-1 plc Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE FUNDING 2021-1 PLC at £0 based on a Turnover of £9.5m and -1.26x industry multiple (adjusted for size and gross margin).
tower bridge funding 2021-1 plc Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE FUNDING 2021-1 PLC at £0 based on an EBITDA of £14.8m and a -4.82x industry multiple (adjusted for size and gross margin).
tower bridge funding 2021-1 plc Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE FUNDING 2021-1 PLC at £30.6m based on Net Assets of £12.5m and 2.45x industry multiple (adjusted for liquidity).
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Tower Bridge Funding 2021-1 Plc Overview
Tower Bridge Funding 2021-1 Plc is a live company located in london, E14 5HU with a Companies House number of 13061746. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in December 2020, it's largest shareholder is tower bridge funding 2021-1 holdings limited with a 100% stake. Tower Bridge Funding 2021-1 Plc is a young, mid sized company, Pomanda has estimated its turnover at £9.5m with unknown growth in recent years.
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Tower Bridge Funding 2021-1 Plc Health Check
Pomanda's financial health check has awarded Tower Bridge Funding 2021-1 Plc a 2.5 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
3 Strong
1 Regular
3 Weak
Size
annual sales of £9.5m, make it larger than the average company (£5.8m)
£9.5m - Tower Bridge Funding 2021-1 Plc
£5.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tower Bridge Funding 2021-1 Plc
- - Industry AVG
Production
with a gross margin of -102.3%, this company has a higher cost of product (43.4%)
-102.3% - Tower Bridge Funding 2021-1 Plc
43.4% - Industry AVG
Profitability
an operating margin of 154.9% make it more profitable than the average company (10.4%)
154.9% - Tower Bridge Funding 2021-1 Plc
10.4% - Industry AVG
Employees
with 43 employees, this is above the industry average (13)
- Tower Bridge Funding 2021-1 Plc
13 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Tower Bridge Funding 2021-1 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £221.5k, this is equally as efficient (£222.1k)
- Tower Bridge Funding 2021-1 Plc
£222.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Tower Bridge Funding 2021-1 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Tower Bridge Funding 2021-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Tower Bridge Funding 2021-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (24 weeks)
4 weeks - Tower Bridge Funding 2021-1 Plc
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (82.2%)
93.9% - Tower Bridge Funding 2021-1 Plc
82.2% - Industry AVG
TOWER BRIDGE FUNDING 2021-1 PLC financials
Tower Bridge Funding 2021-1 Plc's latest turnover from December 2023 is £9.5 million and the company has net assets of £12.5 million. According to their latest financial statements, we estimate that Tower Bridge Funding 2021-1 Plc has 43 employees and maintains cash reserves of £16.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 9,524,699 | 8,306,700 | 10,326,393 |
| Other Income Or Grants | |||
| Cost Of Sales | 19,271,834 | 9,079,206 | 5,321,324 |
| Gross Profit | -9,747,135 | -772,506 | 5,005,069 |
| Admin Expenses | -3,184,439 | ||
| Operating Profit | 8,189,508 | ||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | -11,108,603 | 15,403,680 | 8,189,508 |
| Tax | -1,140 | -1,140 | -570 |
| Profit After Tax | -11,109,743 | 15,402,540 | 8,188,938 |
| Dividends Paid | |||
| Retained Profit | -11,109,743 | 15,402,540 | 8,188,938 |
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* | 8,189,508 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 170,545,122 | 252,966,978 | 334,231,633 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 170,545,122 | 252,966,978 | 334,231,633 |
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | 7,372,564 | 7,366,095 | |
| Misc Debtors | 1,562,562 | 1,310,710 | 8,253,865 |
| Cash | 16,648,495 | 51,564,049 | 24,835,884 |
| misc current assets | 8,651,010 | 14,103,038 | 3,304,703 |
| total current assets | 34,234,631 | 74,343,892 | 36,394,452 |
| total assets | 204,779,753 | 327,310,870 | 370,626,085 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | |||
| Group/Directors Accounts | 30,000 | 30,000 | 4,993 |
| other short term finances | 188,588,396 | ||
| hp & lease commitments | |||
| other current liabilities | 2,172,696 | 2,166,912 | 1,123,883 |
| total current liabilities | 190,791,092 | 2,196,912 | 1,128,876 |
| loans | 1,494,426 | 301,509,980 | 361,295,771 |
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 1,494,426 | 301,509,980 | 361,295,771 |
| total liabilities | 192,285,518 | 303,706,892 | 362,424,647 |
| net assets | 12,494,235 | 23,603,978 | 8,201,438 |
| total shareholders funds | 12,494,235 | 23,603,978 | 8,201,438 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 8,189,508 | ||
| Depreciation | |||
| Amortisation | |||
| Tax | -1,140 | -1,140 | -570 |
| Stock | |||
| Debtors | 258,321 | 422,940 | 8,253,865 |
| Creditors | |||
| Accruals and Deferred Income | 5,784 | 1,043,029 | 1,123,883 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 1,058,956 | ||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | -82,421,856 | -81,264,655 | 334,231,633 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 25,007 | 4,993 | |
| Other Short Term Loans | 188,588,396 | ||
| Long term loans | -300,015,554 | -59,785,791 | 361,295,771 |
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | -111,427,158 | -59,760,784 | 361,313,264 |
| cash and cash equivalents | |||
| cash | -34,915,554 | 26,728,165 | 24,835,884 |
| overdraft | |||
| change in cash | -34,915,554 | 26,728,165 | 24,835,884 |
tower bridge funding 2021-1 plc Credit Report and Business Information
Tower Bridge Funding 2021-1 Plc Competitor Analysis
Perform a competitor analysis for tower bridge funding 2021-1 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
tower bridge funding 2021-1 plc Ownership
TOWER BRIDGE FUNDING 2021-1 PLC group structure
Tower Bridge Funding 2021-1 Plc has no subsidiary companies.
Ultimate parent company
2 parents
TOWER BRIDGE FUNDING 2021-1 PLC
13061746
tower bridge funding 2021-1 plc directors
Tower Bridge Funding 2021-1 Plc currently has 1 director, Ms Aline Sternberg serving since Dec 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Aline Sternberg | United Kingdom | 36 years | Dec 2020 | - | Director |
P&L
December 2023turnover
9.5m
+15%
operating profit
14.8m
0%
gross margin
-102.3%
+1000.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.5m
-0.47%
total assets
204.8m
-0.37%
cash
16.6m
-0.68%
net assets
Total assets minus all liabilities
Similar Companies
tower bridge funding 2021-1 plc company details
company number
13061746
Type
Public 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.
64922 - Activities of mortgage finance companies
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
10th floor 5 churchill place, london, E14 5HU
Bank
-
Legal Advisor
-
tower bridge funding 2021-1 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 3 charges/mortgages relating to tower bridge funding 2021-1 plc. Currently there are 3 open charges and 0 have been satisfied in the past.
tower bridge funding 2021-1 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.
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tower bridge funding 2021-1 plc Companies House Filings - See Documents
| date | description | view/download |
|---|
