Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
5 churchill place, 10th floor, london, E14 5HU
Website
-
victoria mortgage rmbs no.1 limitedEstimated Valuation
£2.5m
Pomanda estimates the enterprise value of VICTORIA MORTGAGE RMBS NO.1 LIMITED at £2.5m based on a Turnover of £3.7m and 0.67x industry multiple (adjusted for size and gross margin).
victoria mortgage rmbs no.1 limitedEstimated Valuation
£40.5m
Pomanda estimates the enterprise value of VICTORIA MORTGAGE RMBS NO.1 LIMITED at £40.5m based on an EBITDA of £16.7m and a 2.43x industry multiple (adjusted for size and gross margin).
victoria mortgage rmbs no.1 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of VICTORIA MORTGAGE RMBS NO.1 LIMITED at £0 based on Net Assets of £-11.5m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Victoria Mortgage Rmbs No.1 LimitedOverview
Victoria Mortgage Rmbs No.1 Limited is a live company located in london, E14 5HU with a Companies House number of 14350886. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2022, it's largest shareholder is
intertrust corporate services limited
with a 100% stake. Victoria Mortgage Rmbs No.1 Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£3.7m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Victoria Mortgage Rmbs No.1 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £3.7m, make it smaller than the average company (£5.5m)
£3.7m - Victoria Mortgage Rmbs No.1 Limited
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Victoria Mortgage Rmbs No.1 Limited
- - Industry AVG
Production
with a gross margin of 4.4%, this company has a higher cost of product (54.3%)
4.4% - Victoria Mortgage Rmbs No.1 Limited
54.3% - Industry AVG
Profitability
an operating margin of 452.4% make it more profitable than the average company (9.1%)
452.4% - Victoria Mortgage Rmbs No.1 Limited
9.1% - Industry AVG
Employees
with 17 employees, this is above the industry average (14)
17 - Victoria Mortgage Rmbs No.1 Limited
14 - Industry AVG
Pay Structure
on an average salary of £82.7k, the company has an equivalent pay structure (£82.7k)
£82.7k - Victoria Mortgage Rmbs No.1 Limited
£82.7k - Industry AVG
Efficiency
resulting in sales per employee of £216.5k, this is equally as efficient (£222.2k)
£216.5k - Victoria Mortgage Rmbs No.1 Limited
£222.2k - Industry AVG
Debtor Days
it gets paid by customers after 301 days, this is later than average (33 days)
301 days - Victoria Mortgage Rmbs No.1 Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (45 days)
13 days - Victoria Mortgage Rmbs No.1 Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Victoria Mortgage Rmbs No.1 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Victoria Mortgage Rmbs No.1 Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (71.4%)
104% - Victoria Mortgage Rmbs No.1 Limited
71.4% - Industry AVG
VICTORIA MORTGAGE RMBS NO.1 LIMITED financials
EXPORT
Victoria Mortgage Rmbs No.1 Limited's latest turnover from December 2023 is £3.7 million and the company has net assets of -£11.5 million. According to their latest financial statements, we estimate that Victoria Mortgage Rmbs No.1 Limited has 17 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Turnover
3,681,135
Other Income Or Grants
Cost Of Sales
3,519,088
Gross Profit
162,047
Admin Expenses
-16,489,903
Operating Profit
16,651,950
Interest Payable
Interest Receivable
Pre-Tax Profit
-184,203
Tax
-150
Profit After Tax
-184,353
Dividends Paid
Retained Profit
-184,353
Employee Costs
1,405,677
Number Of Employees
17
EBITDA*
16,651,950
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
3,042,336
Group Debtors
Misc Debtors
Cash
2,718,026
misc current assets
283,483,704
total current assets
289,244,066
total assets
289,244,066
Bank overdraft
Bank loan
Trade Creditors
131,364
Group/Directors Accounts
other short term finances
300,580,460
hp & lease commitments
other current liabilities
total current liabilities
300,711,824
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
300,711,824
net assets
-11,467,758
total shareholders funds
-11,467,758
Dec 2023
Operating Activities
Operating Profit
16,651,950
Depreciation
Amortisation
Tax
-150
Stock
Debtors
3,042,336
Creditors
131,364
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
13,740,828
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
300,580,460
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-11,283,405
interest
cash flow from financing
289,297,055
cash and cash equivalents
cash
2,718,026
overdraft
change in cash
2,718,026
victoria mortgage rmbs no.1 limited 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 victoria mortgage rmbs no.1 limited. Get real-time insights into victoria mortgage rmbs no.1 limited's credit score, group structure and payment trends.
Victoria Mortgage Rmbs No.1 Limited Competitor Analysis
Perform a competitor analysis for victoria mortgage rmbs no.1 limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
victoria mortgage rmbs no.1 limited Ownership
VICTORIA MORTGAGE RMBS NO.1 LIMITED group structure
Victoria Mortgage Rmbs No.1 Limited has no subsidiary companies.
Ultimate parent company
VICTORIA MORTGAGE RMBS NO.1 LIMITED
14350886
VICTORIA MORTGAGE RMBS NO.1 LIMITED Shareholders
The sole shareholder of Victoria Mortgage Rmbs No.1 Limited is Intertrust Corporate Services Limited.
intertrust corporate services limited
100%
victoria mortgage rmbs no.1 limited directors
Victoria Mortgage Rmbs No.1 Limited currently has 1 director, Mr Alasdair Watson serving since Mar 2024.
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-11.5m
0%
total assets
289.2m
0%
cash
2.7m
0%
net assets
Total assets minus all liabilities
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victoria mortgage rmbs no.1 limited company details
company number
14350886
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
September 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
5 churchill place, 10th floor, london, E14 5HU
Bank
-
Legal Advisor
-
victoria mortgage rmbs no.1 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 found 4 charges/mortgages relating to victoria mortgage rmbs no.1 limited. Currently there are 4 open charges and 0 have been satisfied in the past.
victoria mortgage rmbs no.1 limited 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 VICTORIA MORTGAGE RMBS NO.1 LIMITED. This can take several minutes, an email will notify you when this has completed.
victoria mortgage rmbs no.1 limitedCompanies House Filings - See Documents
