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ITL MORTGAGES LIMITED
COVENTRY HOUSE HARRY WESTON ROAD, BINLEY, COVENTRY, CV3 2TQPrevious name: STROUD AND SWINDON MORTGAGE COMPANY LIMITED (changed on 31-Oct-2008)
Company Number: 02321779
Incorporation date: 25-Nov-1988
Status: Active
Entity type: Private Limited Company
SIC codes:
64922 Activities of mortgage finance companies
SUMMARY
This company is 35.4 years old and is currently active. It is controlled by Coventry Building Society. The company has positive equity (net assets) of GBP 452.5 million which has decreased from the previous year's figure of GBP 506.1 million. The latest reported revenue figure is GBP 2.6 million which is down -70% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 58 other companies, 15 (25.9%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 2,609,000 | 18,940,000 | 16,383,000 | 264,000 | 1,042,000 | |
31-Dec-2018 | GBP | 9,660,000 | 21,136,000 | 11,537,000 | 97,000 | 9,083,000 | |
31-Dec-2017 | GBP | 8,612,000 | 22,673,000 | 14,122,000 | 415,000 | 7,946,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 2,484,000 | 500,000 | 81,628,000 | 452,464,000 | ||||
31-Dec-2018 | GBP | 4,724,000 | 500,000 | 80,586,000 | 506,149,000 | ||||
31-Dec-2017 | GBP | 4,522,000 | 500,000 | 71,125,000 | 561,296,000 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Gurdeep Kaur BOPARAI | 15 Apr 2020 | 29 Mar 2024 | 1 - 0 | ||
Resigned | Thomas Jonathan CRANE | 22 Nov 2013 | 15 Apr 2020 | 0 - 1 | ||
Resigned | Brona Rose MCKEOWN | 10 Apr 2013 | 21 Nov 2013 | 0 - 1 | ||
Resigned | Gillian Mary DAVIDSON | 20 Jun 2011 | 09 Apr 2013 | 0 - 1 | ||
Resigned | Nailesh Kantilal RAMBHAI | 01 Sep 2010 | 20 Jun 2011 | 0 - 1 | ||
Resigned | Robert Charles JOHNSON | 30 Jun 2004 | 01 Sep 2010 | 0 - 10 | ||
Resigned | Michael John JARRATT | 08 Feb 1994 | 30 Jun 2004 | 0 - 5 | ||
Resigned | Anthony Richard SWINBURNE-JOHNSON | 08 Feb 1994 | British | 0 - 30 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Lee John RAYBOULD | 14 Apr 2021 | Chief Financial Officer | British | 8 - 1 | 1 (11.1%) | |
Active | Stephen James HUGHES | 20 Apr 2020 | Company Director | British | 2 - 51 | 15 (28.3%) | |
Active | Darin John LANDON | 15 Apr 2020 | Director | British | 2 - 0 | 0 (0.0%) | |
Resigned | Thomas Jonathan CRANE | 15 Apr 2020 | 29 Jul 2022 | Solicitor | British | 1 - 2 | 0 (0.0%) |
Resigned | Andrew William DEEKS | 15 Apr 2020 | 09 Oct 2020 | Director | British | 0 - 8 | 1 (12.5%) |
Resigned | Michele Jean FAULL | 27 Apr 2017 | 30 Nov 2020 | Chief Financial Officer | British | 0 - 16 | 3 (18.8%) |
Resigned | Mark Alistair PARSONS | 03 Jul 2014 | 19 Apr 2020 | Company Director | British | 0 - 8 | 2 (25.0%) |
Resigned | David STEWART | 16 Mar 2012 | 31 Mar 2014 | Chief Executive | British | 0 - 11 | 2 (18.2%) |
Resigned | John LOWE | 16 Mar 2012 | 27 Apr 2017 | Finance Director | British | 0 - 31 | 10 (32.3%) |
Resigned | Colin Terence FRANKLIN | 01 Sep 2010 | 30 Sep 2014 | Company Director | British | 1 - 4 | 0 (0.0%) |
Resigned | John Andrew SUTHERLAND | 01 Jun 2010 | 31 Aug 2010 | Chief Executive | British | 0 - 21 | 4 (19.0%) |
Resigned | Kevin Charles BOUNDS | 30 Oct 2008 | 06 Nov 2009 | Accountant | British | 1 - 25 | 11 (42.3%) |
Resigned | Linda Sadleir WILL | 28 Jul 2008 | 31 Aug 2010 | Sales And Marketing Director | British | 0 - 4 | 1 (25.0%) |
Resigned | Laurence JAMES | 25 Mar 2008 | 31 Aug 2010 | Company Director | British | 0 - 8 | 3 (37.5%) |
Resigned | Glyn Michael SMITH | 25 Mar 2008 | 16 Mar 2012 | Company Director | British | 4 - 19 | 7 (30.4%) |
Resigned | Christopher Wills BEAZLEY | 17 Jul 2006 | 29 Jul 2008 | Building Society Executive | British | 2 - 40 | 31 (73.8%) |
Resigned | Paul Philip CHAFER | 17 Jul 2006 | 24 Apr 2008 | Building Society Executive | British | 0 - 8 | 3 (37.5%) |
Resigned | Neil SPENCER | 15 Dec 2005 | 16 Mar 2012 | Building Society Manager | British | 0 - 2 | 0 (0.0%) |
Resigned | Rennie FRITCHIE | 19 Aug 2004 | 24 Apr 2008 | Member Of The House Of Lords | British | 0 - 1 | 0 (0.0%) |
Resigned | Michael Geoffrey BRAMALL | 24 Apr 2003 | 24 Apr 2008 | Management Consultant | British | 0 - 2 | 1 (50.0%) |
Resigned | Simon Peter WHITWHAM | 25 Apr 2002 | 27 Apr 2011 | Building Society Executive | British | 0 - 9 | 5 (55.6%) |
Resigned | David Charles HILL | 10 Aug 2000 | 01 Oct 2009 | Chief Executive | British | 0 - 9 | 8 (88.9%) |
Resigned | Ronald Grant ARMSTRONG | 16 Sep 1999 | 31 Jul 2004 | Solicitor | British | 0 - 3 | 0 (0.0%) |
Resigned | Robert Charles JOHNSON | 22 Feb 1999 | 31 Aug 2010 | Building Society Executive | British | 0 - 10 | 5 (50.0%) |
Resigned | Richard Lester PAYNE | 26 Feb 1997 | 30 Apr 2005 | Building Society Chairman | British | 0 - 7 | 1 (14.3%) |
Resigned | Richard Michael SWAN | 08 Feb 1994 | 22 Feb 1999 | Building Society Director | British | 0 - 4 | 1 (25.0%) |
Resigned | John Henry PARKER | 08 Feb 1994 | 15 Dec 2005 | Building Society Chief Executi | British | 0 - 17 | 5 (29.4%) |
Resigned | Peter John GADSDEN | 08 Feb 1994 | 26 Feb 1997 | Solicitor | British | 0 - 4 | 1 (25.0%) |
Resigned | Malcolm Stuart RULE | 04 Nov 1991 | 08 Feb 1994 | Assistant Secretary | British | 0 - 7 | 4 (57.1%) |
Resigned | Anthony Richard SWINBURNE-JOHNSON | 08 Feb 1994 | Chartered Accountant | British | 0 - 30 | 16 (53.3%) | |
Resigned | Diane Joan GORDON | 08 Feb 1994 | Assistant Secretary | British | 0 - 5 | 2 (40.0%) |
Average tenure of active directors: 3.6 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 13.1%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-01-31 | 2015-01-31 | 2014-01-31 | 2013-01-31 | 2012-01-31 | ||
COVENTRY BUILDING SOCIETY | A ORDINARY | 973,802 66.1% | 973,802 66.1% | 973,802 66.1% | 973,802 66.1% | 973,802 66.1% |
COVENTRY BUILDING SOCIETY | ORDINARY | 500,000 33.9% | 500,000 33.9% | 500,000 33.9% | 500,000 33.9% | 0 0% |
STROUD & SWINDON FUNDING COMPANY (NO2)LTD | ORDINARY | 0 0% | 0 0% | 0 0% | 0 0% | 500,000 33.9% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
ITL MORTGAGES LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
64922 Activities of mortgage finance companies)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
ACCORD MORTGAGES LIMITED | YORKSHIRE HOUSE, YORKSHIRE DRIVE, BRADFORD, WEST YORKSHIRE, BD5 8LJ | 02139881 | 2017-12-31 | 527,017,000 | 79,515,000 | |
GODIVA MORTGAGES LIMITED | COVENTRY HOUSE HARRY WESTON ROAD, BINLEY, COVENTRY, ENGLAND, CV3 2TQ | 05830727 | 2017-12-31 | 362,166,000 | 48,937,000 | |
BRADFORD & BINGLEY PLC | THE WATERFRONT, SALTS MILL ROAD, SHIPLEY, ENGLAND, BD17 7EZ | 03938288 | 2018-03-31 | 296,800,000 | 259,400,000 | |
NRAM LIMITED | THE WATERFRONT, SALTS MILL ROAD, SHIPLEY, ENGLAND, BD17 7EZ | 09655526 | 2018-03-31 | 276,800,000 | 227,700,000 | |
AGRICULTURAL MORTGAGE CORPORATION P L C(THE) | KEENS HOUSE, ANTON MILL ROAD, ANDOVER, HAMPSHIRE, UNITED KINGDOM, SP10 2NQ | 00234742 | 2017-12-31 | 105,474,000 | 31,386,000 | |
INDEMNITY & GUARANTEE LIMITED | HERON TOWER, 110 BISHOPSGATE, LONDON, ENGLAND, EC2N 4AY | 08471065 | 2018-03-31 | 89,311,204 | 0 | |
INTERBAY ML, LTD | RELIANCE HOUSE, SUN PIER, CHATHAM, ENGLAND, ME4 4ET | 06038070 | 2017-12-31 | 47,980,000 | 27,734,000 | |
CAPITAL HOME LOANS LIMITED | ADMIRAL HOUSE, HARLINGTON WAY, FLEET, HAMPSHIRE, GU51 4YA | 02174236 | 2017-12-31 | 36,633,000 | 3,009,000 |
64999-Financial intermediation not elsewhere classified |
LANDMARK MORTGAGES LIMITED | ADMIRAL HOUSE, HARLINGTON WAY, FLEET, HAMPSHIRE, ENGLAND, GU51 4YA | 03273685 | 2017-12-31 | 34,603,000 | 9,238,000 | |
YORKSHIRE BANK HOME LOANS LIMITED | 20 MERRION WAY, LEEDS, LS2 8NZ | 01855020 | 2018-09-30 | 31,250,000 | 8,820,000 | |
K T PARTNERSHIP LIMITED | DAVIS BURTON WILLIAMS AND CO UNIT B11, SUTTON BUSINESS CENTRE, RESTMOR WAY, WALLINGTON, SURREY, ENGLAND, SM6 7AH | 07381930 | 2017-09-30 | 837,166 | 0 | |
THE MORTGAGE STORE (IAN WILSON) LIMITED | 64 GOLD STREET, KETTERING, NORTHAMPTONSHIRE, ENGLAND, NN16 8JB | 09447172 | 2018-03-31 | 273,603 | 0 | |
SECURED FUNDING LIMITED | C/O PRYDIS ACCOUNTS LTD, THE PARADE, LISKEARD, CORNWALL, ENGLAND, PL14 6AF | 10698203 | 2018-03-31 | 259,498 | 0 | |
GP FINANCE LTD | 12 PROVIDENCE LANE, LONG ASHTON, BRISTOL, ENGLAND, BS41 9DQ | 09246542 | 2018-03-31 | 174,812 | 0 | |
DEVONFORTH LTD | BFC STADIUM, SEASIDERS WAY, BLACKPOOL, ENGLAND, FY1 6JJ | 05411760 | 2017-12-31 | 147,247 | 0 | |
LOLLYPOP PROPERTIES LIMITED | 43 ST. DAVIDS DRIVE, ENGLEFIELD GREEN, EGHAM, ENGLAND, TW20 0BA | 09411371 | 2019-01-31 | 116,463 | 0 | |
T H MORTGAGE SOLUTIONS LIMITED | THE OLD GRANARY, DUNTON ROAD, LAINDON, ESSEX, UNITED KINGDOM, SS15 4DB | 08003614 | 2018-03-31 | 101,766 | 0 | |
GREENTREE FINANCIAL PLANNING LTD | FLINT COTTAGE, SAWYERS LANE, SUTON, WYMONDHAM, UNITED KINGDOM, NR18 9JH | 09489587 | 2018-03-31 | 79,222 | 0 | |
ABEL FINANCIAL SERVICES LTD | 2 REDCOTE PLACE, DORKING, SURREY, ENGLAND, RH4 1PE | 09454460 | 2018-02-28 | 44,703 | 0 | |
LEWIS BENJAMIN LTD | GREENACRES, 46 FERRY ROAD, BARROW-UPON-HUMBER, ENGLAND, DN19 7BA | 07371734 | 2018-09-30 | 36,180 | 0 | |
PAS FINANCIAL AND MORTGAGE SOLUTIONS LIMITED | 28 ASHLEY ROAD, WESTCOTT, DORKING, SURREY, ENGLAND, RH4 3QJ | 05115189 | 2018-04-30 | 17,283 | 0 | |
CORNERSTONE WEALTH LIMITED | 85 ROCHESTER ROW, WESTMINSTER, LONDON, UNITED KINGDOM, SW1P 1LJ | 09593253 | 2019-05-31 | 11,737 | 0 | |
JO JONES FINANCIAL SERVICES LIMITED | 217 CITY ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, UNITED KINGDOM, B16 0PU | 10046329 | 2018-03-31 | 11,299 | 0 | |
CHRIS CHANCE LTD | THE BEECHES, MILL LANE, SCAMBLESBY, LOUTH, LINCOLNSHIRE, LN11 9XP | 08436461 | 2019-03-31 | 0 | 0 | |
FORTUNE INVESTMENT GROUP LIMITED | ALBION HOUSE, 86 LONDON STREET, READING, ENGLAND, RG1 4SJ | 09815075 | 2018-10-31 | 0 | 0 | |
MORTGAGE & PROTECTION SOLUTIONS LIMITED | 15 BOLTONS LANE, BINFIELD, BRACKNELL, BERKSHIRE, ENGLAND, RG42 4UA | 08507660 | 2019-03-31 | 0 | 0 | |
PDJ LIMITED | FIFTH FLOOR, 11 LEADENHALL STREET, LONDON, UNITED KINGDOM, EC3V 1LP | 10050672 | 2018-03-31 | 0 | 0 | |
XCEL INVESTIGATIONS LTD. | CAIRDEAS, BARRHILL CRESCENT, KILBARCHAN, PA10 2EU | SC239099 | 2018-11-30 | 0 | 0 | |
INTER BAY FINANCIAL II LIMITED | RELIANCE HOUSE, SUN PIER, CHATHAM, ENGLAND, ME4 4ET | 06672384 | 0000-00-00 | 0 | 0 | |
INTERBAY FUNDING, LTD. | RELIANCE HOUSE, SUN PIER, CHATHAM, ENGLAND, ME4 4ET | 05595882 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
ITL MORTGAGES LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | 0.9% | 3.6% | 5.6% | Medium |
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |