Company Overview
Preferred Mortgages Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 December 1995, so this is a well established company. Preferred Mortgages Limited has been in business for 28 years and 5 months. The accounts status is group and the accounts are next due on Thursday 30 November 2023.
Registered Address

Hays Galleria, 1 Hays Lane, London, SE1 2RD
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NamePREFERRED MORTGAGES LIMITED
Company Number03137809
Registered Office AddressHays Galleria
 1 Hays Lane
 SE1 2RD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/12/1995
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date30/11/2023
Accounts Last Made Up Date30/11/2021
Accounts Account CategoryGROUP
Returns Next Due Date24/06/2017
Returns Last Made Up Date27/05/2016
Directors & Members
Show Resigned
Lee Brandon - Director
(British, 71 years old, born January 1953)
Director - Appointed 17 June 2010
 Active
Secretaries
Show Resigned
Other Company Directorships
Lee Brandon
SOUTHERN PACIFIC MORTGAGE LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Nov-2021 30-Nov-2013 30-Nov-2012
Balance Sheet
Fixed Assets 440,000 440,000 576,000
Current Assets 93,816,000 93,816,000 70,495,000
Creditors Due Within One Year 31,546,000 31,546,000 29,152,000
Working Cap 62,270,000 62,270,000 41,343,000
Total Assets Less Current Liabilities 62,710,000 62,710,000 41,919,000
Long-term Liabilities 9,980,000 9,980,000 7,197,000
Net Assets 52,730,000 52,730,000 34,722,000
Share Capital & Reserves
Share Cap 31,002,000 31,002,000 31,002,000
Profit & Loss Reserves 21,155,000 21,155,000 3,147,000
Other Reserves 573,000 573,000 573,000
Shareholders Funds 52,730,000 52,730,000 34,722,000
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2021 30-Nov-2013 30-Nov-2012
Tangible Fixed Assets - - -
Fixed Assets 0.5% 0.5% 0.8%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 85.8% 85.8% 45.6%
Current Assets 99.5% 99.5% 99.2%
Creditors Due Within One Year 33.5% 33.5% 41.0%
Net Current Assets Liabilities 66.1% 66.1% 58.2%
Creditors Due After One Year 10.6% 10.6% 10.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 55.9% 55.9% 48.9%
Called Up Share Capital 32.9% 32.9% 43.6%
Share Capital Allotted Called Up Paid 32.9% 32.9% 43.6%
Profit Loss Account Reserve 22.4% 22.4% 4.4%
Shareholder Funds 55.9% 55.9% 48.9%
Capital Employed - - -
Total Assets Less Current Liabilities 66.5% 66.5% 59.0%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2021 30-Nov-2013 30-Nov-2012
Liquidity Ratio 3.0 3.0 2.4
Solvency Ratio 2.3 2.3 2.0
Reserves to Assets 0.2 0.2 0.0
Secured Creditors Unlock full report
Mortgages Charges 26
Mortgages Outstanding 18
Mortgages Part Satisfied 0
Mortgages Satisfied 8
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2021 30-Nov-2013 30-Nov-2012
Assets 94,256,000 94,256,000 71,071,000
Debt 41,526,000 41,526,000 36,349,000
Net Assets/Debt 52,730,000 52,730,000 34,722,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around SE1 2RD
EVENTIM UK LIMITED
Hays Galleria, 1 Hays Lane, London, SE1 2RD
BARBINDER TRUST.(THE)
1 EMBANKMENT PLACE, LONDON, SE1 2RD
MG ROVER WHOLESALE LIMITED
Hays Galleria, 1 Hays Lane, London, SE1 2RD
OIC RUN-OFF LIMITED
1 CHAMBERLAIN SQUARE CS, BIRMINGHAM, SE1 2RD
BARBINDER EXECUTORS & TRUSTEES
1 EMBANKMENT PLACE, LONDON, SE1 2RD
TREMCO ILLBRUCK LIMITED
Hays Galleria, 1 Hays Lane, London, SE1 2RD
JAMES JACKSON & COMPANY (LONDON) LIMITED
1 CHAMBERLAIN SQUARE CS, BIRMINGHAM, SE1 2RD
THE CHESTER STREET EMPLOYERS ASSOCIATION LIMITED
1 Chamberlain Square Cs, Birmingham, SE1 2RD
THE LONDON AND OVERSEAS INSURANCE COMPANY LIMITED
1 CHAMBERLAIN SQUARE CS, BIRMINGHAM, SE1 2RD
VENA SOLUTIONS UK LIMITED
Curo House Westonhall Road, Stoke Prior, Bromsgrove, SE1 2RD
Document Filings
Statement of capital on 16 April 2024
Statement of capital on 14 February 2024
Statement by Directors
Solvency Statement dated 08/02/24
Resolutions
Confirmation statement made on 27 May 2023 with no updates
Confirmation statement made on 27 May 2022 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Change of share class name or designation
Statement of capital on 12 October 2021
Statement by Directors
Solvency Statement dated 01/10/21
Resolutions
Confirmation statement made on 27 May 2021 with updates
Cessation of Preferred Group Limited as a person with significant control on 22 February 2018
Notification of Mable Commercial Funding Limited as a person with significant control on 22 February 2018
Statement by Directors
Solvency Statement dated 22/10/20
Statement of capital on 6 November 2020
Resolutions
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2024 Check Free