ONEFAMILY LIFETIME MORTGAGES LIMITED

16-17 WEST STREET, BRIGHTON, ENGLAND AND WALES, BN1 2RL

Previous name: ALDEBURGH CHELSEA ENTERPRISES LIMITED (changed on 20-Apr-2016)

Company Number: 09239554
Incorporation date: 29-Sep-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
64922 Activities of mortgage finance companies

SUMMARY

This company is 9.6 years old and is currently active. It is controlled by Mrs Jayne Doreen Almond. The company has positive equity (net assets) of GBP 1.6 million which has decreased from the previous year's figure of GBP 1.6 million. The latest reported revenue figure is GBP 5.2 million which is up 50% on previous year's figure of GBP 3.4 million. Retained earnings is negative (GBP -6.3 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 29 other companies, 3 (10.3%) 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: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Interest Received	Net Profit GBP
31-Dec-2019	GBP	5,235,556	9,078	-1,014,774
31-Dec-2018	GBP	3,446,060		-2,124,162
31-Dec-2017	GBP	5,696,880		-1,024,060

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	1,940,347	3,032,953		7,907,538	29,989	-6,329,067	1,608,460
31-Dec-2018	GBP	1,832,254	2,016,250		6,907,538	29,989	-5,314,293	1,623,234
31-Dec-2017	GBP	2,760,275	2,991,735		5,907,538	29,989	-3,190,131	2,747,396
31-Dec-2015	GBP	5,000	5,000	237,427	100		-401,606	-401,506

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2019	GBP	12.65%	1,000,000	6,907,538	7,907,538	5,521,238
31-Dec-2018	GBP	14.48%	1,000,000	5,907,538	6,907,538	4,111,274
31-Dec-2017	GBP	100.00%	5,937,427	101	5,937,528	1,704,890

* 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	All apointments (active/resigned)
Active	Josie GREEN	01 Nov 2023	16 Apr 2024	1 - 0
Resigned	Simon ALLFORD	19 Apr 2017	31 Oct 2023	0 - 1
Resigned	David James Stuart HEARD	15 Jul 2016	19 Apr 2017	0 - 1
Resigned	Keith Frederick MEERES	14 Oct 2015	15 Jul 2016	0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Steven FERRARI	01 Nov 2023		Customer Operations Director	British	2 - 0	0 (0.0%)
Resigned	Alan WADDINGTON	30 Jun 2022	30 Sep 2022	Director	British	0 - 1	0 (0.0%)
Active	Jamshaid ISLAM	01 Jan 2020		Finance Director	British	13 - 14	4 (14.8%)
Resigned	Nicola Cielle AUDHLAM-GARDINER	01 Jan 2018	29 Apr 2022	Director	British	2 - 10	1 (8.3%)
Resigned	Shingirai Thaddeus NYAHASHA	20 Jul 2017	30 Nov 2023	Finance Director	British	2 - 49	4 (7.8%)
Resigned	Ian Michael BUCKLEY	25 Oct 2016	18 Oct 2017	Director	British	0 - 3	0 (0.0%)
Resigned	Steven James COLSELL	27 Sep 2016	18 Oct 2017	Finance And Strategy	British	3 - 152	93 (60.0%)
Active	Philippa Jane HERZ	20 Jul 2016		Chief Risk Officer	British	12 - 7	2 (10.5%)
Resigned	Aidan Anthony DOHERTY	20 Apr 2016	16 Sep 2016	Chartered Accountant	Irish	3 - 10	2 (15.4%)
Resigned	Simon Christopher MARKEY	18 Apr 2016	31 Dec 2019	Chief Executive	British	0 - 27	5 (18.5%)
Resigned	Keith Frederick MEERES	18 Apr 2016	15 Jul 2016	Compliance Officer	British	2 - 28	2 (6.7%)
Resigned	Jenna Margaret RYSENBRY	16 Dec 2015	20 Jul 2017	Financial Accountant	Irish	0 - 5	1 (20.0%)
Resigned	Georgina Louise SMITH	16 Mar 2015	31 Dec 2017	Director	British	3 - 7	0 (0.0%)
Resigned	Jayne Doreen ALMOND	29 Sep 2014	20 Mar 2017	Director	British	3 - 24	4 (14.8%)

Number of active directors: 3
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 8.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Steven FERRARI	Jamshaid ISLAM	Philippa Jane HERZ
ADDITIONAL SECURITIES LIMITED (00325101) - Active		✔
LEGAL & GENERAL (UNIT TRUST MANAGERS) LIMITED (01009418) - Active		✔
FAMILY INVESTMENT MANAGEMENT LIMITED (01915516) - Active		✔	✔
SYNDICATE UNDERWRITING MANAGEMENT LIMITED (01923481) - Active		✔
PEOPLE'S ADMINISTRATION SERVICES LIMITED (02207140) - Active		✔
FAMILY EQUITY PLAN LIMITED (02208249) - Active		✔	✔
LEGAL & GENERAL (PORTFOLIO MANAGEMENT SERVICES) LIMITED (02457525) - Active		✔
FAMILY ENTERPRISE LIMITED (02489291) - Active		✔	✔
CENTREWRITE LIMITED (02551468) - Active		✔
FAMILY PEP MANAGERS LIMITED (02934967) - Active		✔	✔
ENGAGE MUTUAL SERVICES LIMITED (03088162) - Active		✔	✔
B & C E INSURANCE LIMITED (03093365) - Active		✔
LLOYD'S HOUSING SUPPORT LIMITED (03218563) - Active - Proposal to Strike off		✔
ENGAGE MUTUAL FUNDS LIMITED (03224780) - Active		✔	✔
FAMILY.CO.UK LIMITED (03934464) - Active		✔	✔
ENGAGE MUTUAL ADMINISTRATION LIMITED (04301736) - Active		✔	✔
LEGAL & GENERAL PENSION SCHEME TRUSTEE LIMITED (06510006) - Active			✔
LEGAL & GENERAL PENSION FUND TRUSTEE LIMITED (06510007) - Active			✔
GOVERNOR FINANCE LIMITED (07210404) - Active			✔
GOVERNOR FINANCE NOMINEES LIMITED (07460862) - Active		✔
FAMILY NOMINEES LIMITED (07948353) - Active		✔	✔
ONEFAMILY FOUNDATION LIMITED (09176069) - Liquidation		✔	✔
ONEFAMILY ADVICE LIMITED (09188369) - Active	✔	✔	✔
ONEFAMILY LIFETIME MORTGAGES LIMITED (09239554) - Active	✔	✔	✔
FAMILY MONEY LIMITED (09797117) - Active		✔	✔
PEOPLE'S PARTNERSHIP LIMITED (10267951) - Active		✔
LLOYD'S FINANCE COMPANY LIMITED (10896566) - Active - Proposal to Strike off		✔
FEPL NOMINEES LIMITED (11034690) - Active		✔	✔
EMFL NOMINEES LIMITED (11034769) - Active		✔	✔
FPML NOMINEES LIMITED (11034819) - Active - Proposal to Strike off		✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2021-02-26	2020-11-05	2020-01-07	2018-12-24	2018-01-30
FAMILY ASSURANCE FRIENDLY SOCIETY LIMITED	A ORDINARY	80,001,111 98.9%	40,001,111 97.8%	20,001,111 95.7%	10,001,111 91.7%	1,111 0.122%
FAMILY ASSURANCE FRIENDLY SOCIETY LIMITED	CUMULATIVE PREFERENCE SHARES	907,427 1.12%	907,427 2.22%	907,427 4.34%	907,427 8.32%	907,427 99.9%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Mrs Jayne Doreen Almond - ceased

Controlling entities above

ONEFAMILY LIFETIME 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
ONEFAMILY LIFETIME MORTGAGES LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	0.9%	3.6%	5.6%	Medium


Age	0.6%	2.5%	4.9%	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