stratton mortgage funding 2021-3 plc
stratton mortgage funding 2021-3 plc Company Information
Company Number
13305719
Next Accounts
88 days late
Shareholders
stratton mortgage funding 2021-3 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.
Registered Address
18a capricorn centre, cranes farm road, basildon, essex, SS14 3JJ
Website
-stratton mortgage funding 2021-3 plc Estimated Valuation
Pomanda estimates the enterprise value of STRATTON MORTGAGE FUNDING 2021-3 PLC at £3.1m based on a Turnover of £6m and 0.52x industry multiple (adjusted for size and gross margin).
stratton mortgage funding 2021-3 plc Estimated Valuation
Pomanda estimates the enterprise value of STRATTON MORTGAGE FUNDING 2021-3 PLC at £37.9m based on an EBITDA of £21m and a 1.81x industry multiple (adjusted for size and gross margin).
stratton mortgage funding 2021-3 plc Estimated Valuation
Pomanda estimates the enterprise value of STRATTON MORTGAGE FUNDING 2021-3 PLC at £0 based on Net Assets of £-3.2m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Stratton Mortgage Funding 2021-3 Plc Overview
Stratton Mortgage Funding 2021-3 Plc is a live company located in basildon, SS14 3JJ with a Companies House number of 13305719. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in March 2021, it's largest shareholder is stratton mortgage funding 2021-3 holdings limited with a 100% stake. Stratton Mortgage Funding 2021-3 Plc is a startup, mid sized company, Pomanda has estimated its turnover at £6m with unknown growth in recent years.
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Stratton Mortgage Funding 2021-3 Plc Health Check
Pomanda's financial health check has awarded Stratton Mortgage Funding 2021-3 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 £6m, make it larger than the average company (£4.3m)
£6m - Stratton Mortgage Funding 2021-3 Plc
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Stratton Mortgage Funding 2021-3 Plc
- - Industry AVG
Production
with a gross margin of -15.7%, this company has a higher cost of product (58%)
-15.7% - Stratton Mortgage Funding 2021-3 Plc
58% - Industry AVG
Profitability
an operating margin of 349% make it more profitable than the average company (10.4%)
349% - Stratton Mortgage Funding 2021-3 Plc
10.4% - Industry AVG
Employees
with 31 employees, this is above the industry average (12)
- Stratton Mortgage Funding 2021-3 Plc
12 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Stratton Mortgage Funding 2021-3 Plc
- - Industry AVG
Efficiency
resulting in sales per employee of £193.7k, this is equally as efficient (£199.6k)
- Stratton Mortgage Funding 2021-3 Plc
£199.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Stratton Mortgage Funding 2021-3 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Stratton Mortgage Funding 2021-3 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Stratton Mortgage Funding 2021-3 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (33 weeks)
10 weeks - Stratton Mortgage Funding 2021-3 Plc
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.6%, this is a higher level of debt than the average (67.6%)
101.6% - Stratton Mortgage Funding 2021-3 Plc
67.6% - Industry AVG
STRATTON MORTGAGE FUNDING 2021-3 PLC financials
Stratton Mortgage Funding 2021-3 Plc's latest turnover from March 2023 is £6 million and the company has net assets of -£3.2 million. According to their latest financial statements, we estimate that Stratton Mortgage Funding 2021-3 Plc has 31 employees and maintains cash reserves of £7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 6,005,998 | 2,291,339 |
| Other Income Or Grants | ||
| Cost Of Sales | 6,952,132 | 2,333,957 |
| Gross Profit | -946,134 | -42,618 |
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | -2,099,740 | -1,154,444 |
| Tax | -228 | -171 |
| Profit After Tax | -2,099,968 | -1,154,615 |
| Dividends Paid | ||
| Retained Profit | -2,099,968 | -1,154,615 |
| Employee Costs | ||
| Number Of Employees | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | 170,956,963 | 203,388,023 |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 170,956,963 | 203,388,023 |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | ||
| Misc Debtors | 31,594,163 | 36,526,328 |
| Cash | 7,020,366 | 7,378,929 |
| misc current assets | ||
| total current assets | 38,614,529 | 43,905,257 |
| total assets | 209,571,492 | 247,293,280 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | ||
| Group/Directors Accounts | ||
| other short term finances | 31,844,014 | 39,811,490 |
| hp & lease commitments | ||
| other current liabilities | 4,102,797 | 1,228,757 |
| total current liabilities | 35,946,811 | 41,040,247 |
| loans | 176,866,763 | 207,395,147 |
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | 176,866,763 | 207,395,147 |
| total liabilities | 212,813,574 | 248,435,394 |
| net assets | -3,242,082 | -1,142,114 |
| total shareholders funds | -3,242,082 | -1,142,114 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | -228 | -171 |
| Stock | ||
| Debtors | -4,932,165 | 36,526,328 |
| Creditors | ||
| Accruals and Deferred Income | 2,874,040 | 1,228,757 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -32,431,060 | 203,388,023 |
| cash flow from investments | 32,431,060 | -203,388,023 |
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | -7,967,476 | 39,811,490 |
| Long term loans | -30,528,384 | 207,395,147 |
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | -38,495,860 | 247,219,138 |
| cash and cash equivalents | ||
| cash | -358,563 | 7,378,929 |
| overdraft | ||
| change in cash | -358,563 | 7,378,929 |
stratton mortgage funding 2021-3 plc Credit Report and Business Information
Stratton Mortgage Funding 2021-3 Plc Competitor Analysis
Perform a competitor analysis for stratton mortgage funding 2021-3 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in SS14 area or any other competitors across 12 key performance metrics.
stratton mortgage funding 2021-3 plc Ownership
STRATTON MORTGAGE FUNDING 2021-3 PLC group structure
Stratton Mortgage Funding 2021-3 Plc has no subsidiary companies.
Ultimate parent company
INTERTRUST GROUP BV
#0175528
2 parents
STRATTON MORTGAGE FUNDING 2021-3 PLC
13305719
stratton mortgage funding 2021-3 plc directors
Stratton Mortgage Funding 2021-3 Plc currently has 2 directors. The longest serving directors include Mrs Helena Whitaker (Mar 2021) and Ms Paivi Whitaker (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Helena Whitaker | 62 years | Mar 2021 | - | Director | |
| Ms Paivi Whitaker | England | 62 years | Mar 2021 | - | Director |
P&L
March 2023turnover
6m
+162%
operating profit
21m
0%
gross margin
-15.7%
+746.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-3.2m
+1.84%
total assets
209.6m
-0.15%
cash
7m
-0.05%
net assets
Total assets minus all liabilities
Similar Companies
stratton mortgage funding 2021-3 plc company details
company number
13305719
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.
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
18a capricorn centre, cranes farm road, basildon, essex, SS14 3JJ
Bank
-
Legal Advisor
-
stratton mortgage funding 2021-3 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 stratton mortgage funding 2021-3 plc. Currently there are 0 open charges and 2 have been satisfied in the past.
stratton mortgage funding 2021-3 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 STRATTON MORTGAGE FUNDING 2021-3 PLC. This can take several minutes, an email will notify you when this has completed.
stratton mortgage funding 2021-3 plc Companies House Filings - See Documents
| date | description | view/download |
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