BRADFORD & BINGLEY LIMITED

5TH FLOOR CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, LS1 4DL

Company Number: 03938288
Incorporation date: 28-Feb-2000
Status: Active
Entity type: Private Limited Company

SIC codes:
64922 Activities of mortgage finance companies

SUMMARY

This company is 24.6 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 361.3 million which has decreased from the previous year's figure of GBP 361.3 million. The latest reported revenue figure is GBP 97.6 million which is down -70% on the previous year. The company has 5 active officers (directors or partners) who are or were officers of 22 other companies, 6 (27.3%) 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: 31-Dec-2024
Accounts Filed: GROUP (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Interest Received	Tax	Net Profit GBP
31-Mar-2019	GBP	97,600,000	117,300,000	-7,400,000	-17,300,000
25-Jun-2018	GBP	296,800,000	282,400,000	33,100,000	259,400,000
01-Apr-2018	GBP	179,300,000	156,500,000	12,800,000	34,900,000
03-Jul-2017	GBP	461,900,000	582,100,000	7,400,000	-19,800,000
23-May-2016	GBP	515,000,000	686,700,000	84,000,000	248,600,000
31-Mar-2015	GBP		756,900,000	84,000,000	329,400,000
02-Jun-2014	GBP		1,038,700,000	72,700,000	246,400,000
22-Mar-2013	GBP		916,300,000	48,400,000	165,300,000
01-Mar-2012	GBP		961,000,000	101,000,000	333,500,000

Balance Sheet Financials:

Year end	Currency	Cash	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Mar-2019	GBP	147,400,000	361,300,000		628,500,000	361,300,000
25-Jun-2018	GBP	1,108,400,000	361,300,000	228,100,000	3,081,300,000	361,300,000
01-Apr-2018	GBP	287,500,000	361,300,000	272,100,000	1,119,200,000	361,300,000
03-Jul-2017	GBP	1,391,200,000	361,300,000	240,100,000	2,801,700,000	361,300,000
23-May-2016	GBP	1,714,500,000	361,300,000	251,200,000	2,872,500,000	361,300,000
31-Mar-2015	GBP
02-Jun-2014	GBP	1,554,500,000	361,300,000	315,000,000	2,138,700,000	361,300,000
22-Mar-2013	GBP	2,252,000,000	2,700,000	2,800,000		2,700,000
01-Mar-2012	GBP		361,300,000	330,300,000	1,749,600,000	361,300,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
02-Jun-2014	GBP	99.25%	670,800,000	5,050,641	675,850,641	-1,562,799,359
22-Mar-2013	GBP	-13,281.48%	-686,100,000	691,265,839	5,165,839	-777,784,161

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Nationality	All apointments (active/resigned)
Active	Claire Louise CRAIGIE	01 Jan 2021	16 Oct 2024		1 - 0
Resigned	John GORNALL	30 Jun 2014	01 Jan 2021		0 - 1
Resigned	Paul Martin HOPKINSON	30 Apr 2006	30 Jun 2014	British	0 - 98
Resigned	Alan Forbes SHANKLEY	28 Feb 2002	30 Apr 2006	British	0 - 52
Resigned	Kevin MCGUINNESS	28 Feb 2000	28 Feb 2002	British	0 - 15

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Martin Andrew SCOTT	01 Nov 2021		Finance Director	British	5 - 0	0 (0.0%)
Active	Matthew GILMOUR	01 Nov 2021		Company Director	British	5 - 0	0 (0.0%)
Active	Mark WOULDHAVE	01 Apr 2021		Managing Director	British	14 - 2	7 (43.8%)
Resigned	Holger Randolph VIETEN	31 Jul 2018	29 Oct 2021	Head Of Banking And Capital Markets	British,German	2 - 3	0 (0.0%)
Active	Brendan John RUSSELL	27 Jun 2017		Company Director	British	2 - 3	0 (0.0%)
Resigned	Peter John, Mr. NORTON	06 Apr 2017	03 Jul 2018	Government Employee	British	0 - 4	0 (0.0%)
Active	Brendan Paul MCDONAGH	04 Apr 2016		Non-Executive Director	Irish	2 - 2	0 (0.0%)
Resigned	David Benjamin LUNN	20 Nov 2014	28 Feb 2017	Non-Executive Director	British	0 - 5	0 (0.0%)
Resigned	David Benjamin LUNN	20 Nov 2014	28 Feb 2017	Non-Executive Director	British	0 - 4	0 (0.0%)
Resigned	Ian John HARES	08 Jul 2014	29 Oct 2021	Finance & Investment Director	British	1 - 83	54 (64.3%)
Resigned	Christopher Newton FOX	20 Sep 2013	20 Nov 2014	Non-Executive Director	British	4 - 9	0 (0.0%)
Resigned	Henry James O'NEIL	28 Jun 2012	20 Sep 2013	Non-Executive Director	British/American	0 - 4	0 (0.0%)
Resigned	Phillip Alexander MCLELLAND	01 Jul 2011	25 Nov 2013	Finance Director	British	0 - 74	64 (86.5%)
Resigned	Keith Charles William MORGAN	01 Oct 2010	29 Oct 2021	Non-Executive Director	British	4 - 30	5 (14.7%)
Resigned	Robert John DAVIES	01 Oct 2010	31 Dec 2010	Non-Executive Director	British	0 - 2	0 (0.0%)
Resigned	Susan Carol LANGLEY	01 Oct 2010	29 Oct 2021	Non-Executive Director	British	4 - 4	0 (0.0%)
Resigned	Michael Kent ATKINSON	01 Oct 2010	05 Jun 2016	None-Executive Director	English,Brazilian	0 - 15	2 (13.3%)
Resigned	John Hartley TATTERSALL	01 Apr 2010	29 Oct 2021	Non Executive Director	British	2 - 2	0 (0.0%)
Resigned	Richard Lee BANKS	01 May 2009	05 Jun 2016	Managing Director	British	9 - 42	14 (27.5%)
Resigned	Richard Alan PYM	18 Aug 2008	26 Jul 2016	Executive Chairman	British	0 - 12	6 (50.0%)
Resigned	Michael Donal BUCKLEY	26 Jul 2007	27 Jun 2017	Self Employed Company Directo	Irish	0 - 6	0 (0.0%)
Resigned	Mark STEVENS	01 May 2007	04 Sep 2008	Managing Director Group Strate	British	0 - 18	11 (61.1%)
Resigned	Roger David HATTAM	01 May 2007	30 Jun 2009	Group Operations Director	British	3 - 22	5 (20.0%)
Resigned	Christopher Patrick WILLFORD	03 Oct 2005	30 Jun 2009	Group Finance Director	British	8 - 57	46 (70.8%)
Resigned	Christopher Donald GILLESPIE	26 Sep 2005	01 May 2007	Group Sales Director	British	0 - 44	30 (68.2%)
Resigned	Louise Alexandra Virginia Charlotte PATTEN	17 Dec 2003	31 Dec 2013	Company Director	British	0 - 2	0 (0.0%)
Resigned	Robert Stewart DICKIE	08 Aug 2003	21 Apr 2008	Group Operations Director	British	5 - 3	2 (25.0%)
Resigned	Ian Michael, Sir CHESHIRE	08 Aug 2003	14 Nov 2008	Company Director	British	5 - 42	8 (17.0%)
Resigned	Ian Stuart DARBY	08 Aug 2003	06 Aug 2004	Marketing Director	British	2 - 38	18 (45.0%)
Resigned	Stephen Paul WEBSTER	01 May 2003	14 Nov 2008	Company Director	British	2 - 262	190 (72.0%)
Resigned	Roderick David KENT	24 Sep 2002	14 Nov 2008	Company Director	British	1 - 67	28 (41.2%)
Resigned	Steven John CRAWSHAW	02 Jan 2002	31 May 2008	Group Chief Executive	British	0 - 10	4 (40.0%)
Resigned	Derek Trevor LEWIS	17 Apr 2000	31 Dec 2003	Solicitor	British	1 - 10	7 (63.6%)
Resigned	Nicholas John COSH	17 Apr 2000	14 Nov 2008	Company Director	British	0 - 29	9 (31.0%)
Resigned	Mark Aynsley SMITH	17 Apr 2000	17 Dec 2003	Director	British	0 - 6	1 (16.7%)
Resigned	Keith Richard GREENOUGH	17 Apr 2000	31 Dec 2002	Md Lending & Savings Division	British	2 - 28	17 (56.7%)
Resigned	Diana Jean COURTNEY	17 Apr 2000	30 Apr 2003	Solicitor	British	0 - 12	2 (16.7%)
Resigned	Jack Lindsay MACKINLAY	17 Apr 2000	31 Oct 2002	Company Director	British	0 - 11	6 (54.5%)
Resigned	Peter FLESHER	17 Apr 2000	28 Feb 2002	Director	British	0 - 12	3 (25.0%)
Resigned	George Edwin, Sir COX	17 Apr 2000	31 Dec 2007	Company Director	British	0 - 4	2 (50.0%)
Resigned	Christopher John RODRIGUES	17 Apr 2000	31 Mar 2004	Group Chief Executive	British	0 - 44	22 (50.0%)
Resigned	David Hart WOODCOCK	17 Apr 2000	23 Apr 2001	Managing Director Distribution	British	0 - 14	8 (57.1%)
Resigned	Kevin MCGUINNESS	28 Feb 2000	28 Feb 2002	Company Secretary	British	0 - 15	7 (46.7%)
Resigned	Rosemary Prudence THORNE	28 Feb 2000	29 Nov 2005	Group Finance Director	British	0 - 75	50 (66.7%)

Number of active directors: 5
Average tenure of active directors: 5.1 years
Average tenure of resigned directors: 4.6 years
Average active director Dissolution Rate: 8.8%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Martin Andrew SCOTT	Matthew GILMOUR	Mark WOULDHAVE	Brendan John RUSSELL	Brendan Paul MCDONAGH
MORTGAGE EXPRESS (NO. 2) (00891681) - Active - Proposal to Strike off			✔
BRADFORD & BINGLEY PENSIONS LIMITED (00908979) - Active	✔
R.C.G.P. SUPERANNUATION FUND TRUST COMPANY LIMITED (01177527) - Active				✔
HSMS (01192730) - Active			✔
LEAMINGTON MORTGAGE CORPORATION LIMITED (02066450) - Active			✔
NRAM (NO.2) LIMITED (02190427) - Active			✔
FINANCE FOR MORTGAGES LIMITED (02220176) - Active - Proposal to Strike off			✔
SCOTLIFE HOME LOANS (NO.2) LIMITED (02220177) - Active - Proposal to Strike off			✔
NRAM HOMES LIMITED (02306045) - Active			✔
SILHOUETTE MORTGAGES LIMITED (02356078) - Active - Proposal to Strike off			✔
BRADFORD & BINGLEY MORTGAGE MANAGEMENT LIMITED (02405306) - Active - Proposal to Strike off			✔
BRADFORD & BINGLEY HOMELOANS LIMITED (02405307) - Active - Proposal to Strike off			✔
MORTGAGE EXPRESS (02405490) - Active	✔		✔
BRADFORD & BINGLEY INVESTMENTS (03326913) - Active			✔
BRADFORD & BINGLEY LIMITED (03938288) - Active	✔	✔	✔	✔	✔
UK ASSET RESOLUTION LIMITED (07301961) - Active			✔	✔	✔
MW CONSULT LIMITED (07546028) - Dissolved			✔
NRAM PENSIONS LIMITED (08838429) - Active	✔
PEAL CAPITAL PARTNERS UK LIMITED (08996214) - Active					✔
OAKHILL PARTNERS LIMITED (09330850) - Active				✔
NRAM LIMITED (09655526) - Active	✔	✔	✔	✔	✔
AECIA FUNDING LIMITED (15291005) - Active		✔
JUPITER JERSEY HOLDING LIMITED (FC040589) - Active		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2019-02-28	2018-02-28	2016-02-28	2015-02-28	2014-02-28
UK ASSET RESOLUTION LIMITED	ORD SHS OF 25P	1,445,344,774 100%	1,445,344,774 100%	1,445,344,774 100%	1,445,344,774 100%	1,445,344,774 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

Significant influence or control:Her Majesty's Treasury - ceased
>75%:Mr Anthony Alexander Yoseloff - active
>75%:Uk Asset Resolution Limited (7301961 - United Kingdom) ceased
- - >75%:The Solicitor For The Affairs Of His Majesty's Treasury As Nominee For His Majesty's Treasury - active
  >75%:Uk Government Investments Limited (09774296 - United Kingdom) active
Significant influence or control:Uk Financial Investments Limited (06720891 - United Kingdom) ceased
- >75%:The Solicitor For The Affairs Of His Majesty's Treasury As Nominee For His Majesty's Treasury - active
Significant influence or control:Uk Government Investments Limited (09774296 - United Kingdom) ceased

Controlling entities above

BRADFORD & BINGLEY LIMITED

Controlled companies below

>75%:BRADFORD & BINGLEY INVESTMENTS (03326913 - UK) active
>75%:MORTGAGE EXPRESS (02405490 - UK) active
>75%:F.F.M. LIMITED (02397984 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2021-10-01	2022-03-31	53	8%	23%	57953
2021-04-01	2021-09-30	21	2%	9%	51158
2020-10-01	2021-03-31	29	7%	17%	44369
2020-04-01	2020-09-30	22	4%	27%	37563
2019-10-01	2020-03-31	16	1%	6%	30100
2019-04-01	2019-09-30	24	0%	32%	22391
2018-10-01	2019-03-31	15	3%	33%	14349
2018-04-01	2018-09-30	37	7%	33%	7627

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	5TH FLOOR CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL	03938288	2018-03-31	296,800,000	259,400,000
NRAM LIMITED	5TH FLOOR CENTRAL SQUARE, 29 WELLINGTON STREET, LEEDS, ENGLAND, LS1 4DL	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	JUBILEE HOUSE, GOSFORTH, NEWCASTLE UPON TYNE, UNITED KINGDOM, NE3 4PL	01855020	2018-09-30	31,250,000	8,820,000
K T PARTNERSHIP LIMITED	98 STAFFORD ROAD, WALLINGTON, ENGLAND, SM6 9AY	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
BRADFORD & BINGLEY 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	0.6%	1.5%	2.5%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium