Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
+1
Registered Address
8th floor 100 bishopsgate, london, EC2N 4AG
Website
-
mortimer btl 2022-1 plcEstimated Valuation
£25.4m
Pomanda estimates the enterprise value of MORTIMER BTL 2022-1 PLC at £25.4m based on a Turnover of £20.8m and 1.22x industry multiple (adjusted for size and gross margin).
mortimer btl 2022-1 plcEstimated Valuation
£0
Pomanda estimates the enterprise value of MORTIMER BTL 2022-1 PLC at £0 based on an EBITDA of £-2.1m and a 5.01x industry multiple (adjusted for size and gross margin).
mortimer btl 2022-1 plcEstimated Valuation
£34m
Pomanda estimates the enterprise value of MORTIMER BTL 2022-1 PLC at £34m based on Net Assets of £14.2m and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mortimer Btl 2022-1 PlcOverview
Mortimer Btl 2022-1 Plc is a live company located in london, EC2N 4AG with a Companies House number of 13848774. It operates in the activities of mortgage finance companies sector, SIC Code 64922. Founded in January 2022, it's largest shareholder is
mortimer btl 2022-1 parent limited
with a 100% stake. Mortimer Btl 2022-1 Plc is a startup,
large sized company, Pomanda has estimated its turnover at
£20.8m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Mortimer Btl 2022-1 Plc a 3 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 Rating3out of 5
3 Strong
2 Regular
3 Weak
Size
annual sales of £20.8m, make it larger than the average company (£5.5m)
£20.8m - Mortimer Btl 2022-1 Plc
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Mortimer Btl 2022-1 Plc
- - Industry AVG
Production
with a gross margin of 18.7%, this company has a higher cost of product (42.4%)
18.7% - Mortimer Btl 2022-1 Plc
42.4% - Industry AVG
Profitability
an operating margin of -10% make it less profitable than the average company (11.7%)
-10% - Mortimer Btl 2022-1 Plc
11.7% - Industry AVG
Employees
with 95 employees, this is above the industry average (8)
95 - Mortimer Btl 2022-1 Plc
8 - Industry AVG
Pay Structure
on an average salary of £66.9k, the company has an equivalent pay structure (£66.9k)
£66.9k - Mortimer Btl 2022-1 Plc
£66.9k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is equally as efficient (£219.7k)
£219.1k - Mortimer Btl 2022-1 Plc
£219.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mortimer Btl 2022-1 Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mortimer Btl 2022-1 Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mortimer Btl 2022-1 Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 185 weeks, this is more cash available to meet short term requirements (24 weeks)
185 weeks - Mortimer Btl 2022-1 Plc
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (81.6%)
94.4% - Mortimer Btl 2022-1 Plc
81.6% - Industry AVG
MORTIMER BTL 2022-1 PLC financials
EXPORT
Mortimer Btl 2022-1 Plc's latest turnover from March 2024 is £20.8 million and the company has net assets of £14.2 million. According to their latest financial statements, we estimate that Mortimer Btl 2022-1 Plc has 95 employees and maintains cash reserves of £5.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Turnover
20,818,000
9,921,000
Other Income Or Grants
Cost Of Sales
16,916,000
7,856,000
Gross Profit
3,902,000
2,065,000
Admin Expenses
5,980,000
2,083,000
Operating Profit
-2,078,000
-18,000
Interest Payable
Interest Receivable
Pre-Tax Profit
-2,078,000
-18,000
Tax
3,000
Profit After Tax
-2,078,000
-15,000
Dividends Paid
Retained Profit
-2,078,000
-15,000
Employee Costs
6,357,227
3,599,122
Number Of Employees
95
57
EBITDA*
-2,078,000
-18,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Tangible Assets
Intangible Assets
Investments & Other
229,249,000
249,668,000
Debtors (Due After 1 year)
Total Fixed Assets
229,249,000
249,668,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
15,000
11,540,000
Cash
5,399,000
6,330,000
misc current assets
19,974,000
8,772,000
total current assets
25,388,000
26,642,000
total assets
254,637,000
276,310,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
7,538,000
other short term finances
835,000
1,163,000
hp & lease commitments
other current liabilities
676,000
total current liabilities
1,511,000
8,701,000
loans
238,968,000
246,210,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
238,968,000
246,210,000
total liabilities
240,479,000
254,911,000
net assets
14,158,000
21,399,000
total shareholders funds
14,158,000
21,399,000
Mar 2024
Mar 2023
Operating Activities
Operating Profit
-2,078,000
-18,000
Depreciation
Amortisation
Tax
3,000
Stock
Debtors
-11,525,000
11,540,000
Creditors
Accruals and Deferred Income
676,000
Deferred Taxes & Provisions
Cash flow from operations
10,123,000
-11,555,000
Investing Activities
capital expenditure
Change in Investments
-20,419,000
249,668,000
cash flow from investments
20,419,000
-249,668,000
Financing Activities
Bank loans
Group/Directors Accounts
-7,538,000
7,538,000
Other Short Term Loans
-328,000
1,163,000
Long term loans
-7,242,000
246,210,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-5,163,000
21,414,000
interest
cash flow from financing
-20,271,000
276,325,000
cash and cash equivalents
cash
-931,000
6,330,000
overdraft
change in cash
-931,000
6,330,000
mortimer btl 2022-1 plc 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 mortimer btl 2022-1 plc. Get real-time insights into mortimer btl 2022-1 plc's credit score, group structure and payment trends.
Perform a competitor analysis for mortimer btl 2022-1 plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2N area or any other competitors across 12 key performance metrics.
mortimer btl 2022-1 plc Ownership
MORTIMER BTL 2022-1 PLC group structure
Mortimer Btl 2022-1 Plc has no subsidiary companies.
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 mortimer btl 2022-1 plc. Currently there are 2 open charges and 0 have been satisfied in the past.
mortimer btl 2022-1 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 MORTIMER BTL 2022-1 PLC. This can take several minutes, an email will notify you when this has completed.
mortimer btl 2022-1 plcCompanies House Filings - See Documents
