thinking mortgages ltd
thinking mortgages ltd Company Information
Group Structure
View All
Industry
Solicitors
+3Registered Address
c/o cloch solicitors, 94 hope street, glasgow, G2 6PH
Website
thinkmortgagesltd.co.ukthinking mortgages ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKING MORTGAGES LTD at £173 based on a Turnover of £257 and 0.67x industry multiple (adjusted for size and gross margin).
thinking mortgages ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKING MORTGAGES LTD at £0 based on an EBITDA of £0 and a 3.11x industry multiple (adjusted for size and gross margin).
thinking mortgages ltd Estimated Valuation
Pomanda estimates the enterprise value of THINKING MORTGAGES LTD at £220 based on Net Assets of £100 and 2.21x industry multiple (adjusted for liquidity).
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Thinking Mortgages Ltd Overview
Thinking Mortgages Ltd is a live company located in glasgow, G2 6PH with a Companies House number of SC506869. It operates in the solicitors sector, SIC Code 69102. Founded in May 2015, it's largest shareholder is philip hannay with a 100% stake. Thinking Mortgages Ltd is a established, micro sized company, Pomanda has estimated its turnover at £257.5 with unknown growth in recent years.
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Thinking Mortgages Ltd Health Check
Pomanda's financial health check has awarded Thinking Mortgages Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
5 Weak
Size
annual sales of £257.5, make it smaller than the average company (£4.3m)
- Thinking Mortgages Ltd
£4.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Thinking Mortgages Ltd
- - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (52.1%)
- Thinking Mortgages Ltd
52.1% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Thinking Mortgages Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
- Thinking Mortgages Ltd
17 - Industry AVG
Pay Structure
on an average salary of £58.7k, the company has an equivalent pay structure (£58.7k)
- Thinking Mortgages Ltd
£58.7k - Industry AVG
Efficiency
resulting in sales per employee of £257.5, this is less efficient (£170.1k)
- Thinking Mortgages Ltd
£170.1k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (38 days)
- Thinking Mortgages Ltd
38 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Thinking Mortgages Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thinking Mortgages Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thinking Mortgages Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Thinking Mortgages Ltd
- - Industry AVG
THINKING MORTGAGES LTD financials
Thinking Mortgages Ltd's latest turnover from December 2023 is estimated at £257 and the company has net assets of £100. According to their latest financial statements, we estimate that Thinking Mortgages Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | |
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| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | |
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| Stock & work in progress | |||||||||
| Trade Debtors | 100 | 100 | 1 | 1 | 1 | 1 | 1 | ||
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 100 | 100 | |||||||
| misc current assets | |||||||||
| total current assets | 100 | 100 | 100 | 100 | 1 | 1 | 1 | 1 | 1 |
| total assets | 100 | 100 | 100 | 100 | 1 | 1 | 1 | 1 | 1 |
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| net assets | 100 | 100 | 100 | 100 | 1 | 1 | 1 | 1 | 1 |
| total shareholders funds | 100 | 100 | 100 | 100 | 1 | 1 | 1 | 1 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | |
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| Stock | |||||||||
| Debtors | 100 | -1 | 1 | ||||||
| Creditors | |||||||||
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
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| Hire Purchase and Lease Commitments | |||||||||
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| share issue | |||||||||
| interest | |||||||||
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| cash and cash equivalents | |||||||||
| cash | -100 | 100 | |||||||
| overdraft | |||||||||
| change in cash | -100 | 100 |
thinking mortgages ltd Credit Report and Business Information
Thinking Mortgages Ltd Competitor Analysis
Perform a competitor analysis for thinking mortgages ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in G 2 area or any other competitors across 12 key performance metrics.
thinking mortgages ltd Ownership
THINKING MORTGAGES LTD group structure
Thinking Mortgages Ltd has no subsidiary companies.
Ultimate parent company
THINKING MORTGAGES LTD
SC506869
thinking mortgages ltd directors
Thinking Mortgages Ltd currently has 1 director, Mr Philip Hannay serving since May 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Hannay | Scotland | 46 years | May 2015 | - | Director |
P&L
December 2023turnover
257.5
+24%
operating profit
0
0%
gross margin
23.2%
-5.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
100
0%
total assets
100
0%
cash
0
0%
net assets
Total assets minus all liabilities
thinking mortgages ltd company details
company number
SC506869
Type
Private limited with Share Capital
industry
69102 - Solicitors
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
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
c/o cloch solicitors, 94 hope street, glasgow, G2 6PH
Bank
-
Legal Advisor
-
thinking mortgages ltd 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 thinking mortgages ltd.
thinking mortgages ltd 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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thinking mortgages ltd Companies House Filings - See Documents
| date | description | view/download |
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