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Ablrate, an FCA-regulated P2P lending platform, have originated £44million of loans, returned £10million+ in interest and capital and attracted £8million into their IFISA. Their secondary market has traded £32million between lenders and they generated £1.7million in fees in the 17/18 financial year.

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Financial data drawn from last filed accounts don't necessarily reflect current trading activity. Financials provided by Company Check.

Accounts

2013 2014 2015 2016 2017 2018
Turnover - - £107.33k £452.05k - -
Cash £0 £29.89k £7.16k £3.53k £75.6k £23.97k
Increase in Cash - - - - - -

Profit & Loss

2013 2014 2015 2016 2017 2018
Audit Fees - £0 £0 £0 £0 £0
Cost of Sales - - - - - -
Depreciation - £0 £0 - £150 £150
Directors Emoluments - - - £79.02k £125k -
Dividends - - - - - -
Export - - - - - -
Gross Profit - - - - - -
Interest Payments - - £0 £0 - -
Operating Profit - - - - - -
Pretax Profit - - £-365.85k £-149.16k - -
Profit after Tax - - £-365.85k £-149.16k - -
Retained Profit - - £-365.85k £-149.16k - -
Taxation - - £0 £0 - -
Turnover - - £107.33k £452.05k - -
Wages & Salaries - - £152.09k £264.04k - -

Balance Sheet

2013 2014 2015 2016 2017 2018
Intangible Assets £0 £29.25k £154.6k £99.81k £45.03k £0
Bank Loans & Overdrafts £0 £0 £0 £0 £0 £0
Cash £0 £29.89k £7.16k £3.53k £75.6k £23.97k
Miscellaneous Current Assets £0 £0 £0 £0 £0 £34.52k
Miscellaneous Current Liabilities £0 £0 £0 £0 £315.98k £93.31k
Other Debtors £0 £134.05k £205.51k £0 £379.6k £499.81k
Other Long Term Finance £0 £0 £0 £0 £0 £0
Other Short Term Finance £0 £0 £0 £0 £0 £0
Stock £0 £0 £0 £0 £0 £0
Tangible Accounts £0 £1 £1 £1 £451 £301
Total Current Assets £0 £163.95k £270.77k £370.61k £455.2k £558.3k
Total Current Liabilities £0 £232.39k £501.17k £38.33k £320.76k £96.37k
Total Fixed Assets £0 £29.25k £154.6k £99.82k £45.48k £301
Total Long Term Finance £0 £0 £0 £149.18k £0 £250k
Trade Creditors £0 £232.39k £501.17k £38.33k £4.78k £3.06k
Trade Debtors £0 £0 £58.1k £367.08k £0 £0

Capital & Reserves

2013 2014 2015 2016 2017 2018
Profit & Loss Account Reserve £0 £-179.19k £-520.79k £-669.94k £-772.94k £-740.62k
Called up share capital £0 £140k £186.92k £215.77k £215.77k £215.77k
Revaluation Reserve £0 £0 £0 £0 £0 £0
Shareholder Funds £0 £-39.19k £-75.81k £282.91k £179.92k £212.24k
Sundry Reserves £0 £0 £258.06k £737.09k £737.09k £737.09k

Cash

2013 2014 2015 2016 2017 2018
Increase in Cash - - - - - -
Net Cash Flow Before Financing £0 £0 £0 £0 £0 £0
Net Cash Flow From Financing - - - - - -
Net Cash Flow From Operations - - - - - -

Other Financials

2013 2014 2015 2016 2017 2018
Net Assets £0 £-39.19k £-75.81k £282.91k £179.92k £212.24k
Net Worth £0 £-68.44k £-230.4k £183.1k £134.88k £212.24k
Total Assets £0 £193.2k £425.37k £470.43k £500.68k £558.6k
Total Liabilities £0 £232.39k £501.17k £187.51k £320.76k £346.37k
Working Capital £0 £-68.44k £-230.4k £332.28k £134.43k £461.94k

Ratios

2013 2014 2015 2016 2017 2018
Creditor Days 0% 0% 1.7k% 30.86% 0% 0%
Current Debt Ratio 0% -5.92% -6.61% 0.13% 1.78% 0.45%
Current Ratio 0% 0.71% 0.54% 9.67% 1.42% 5.79%
Debtor Days 0% 0% 197.03% 295.58% 0% 0%
Equity In Percentage 0% -23.9% -28% 76.3% 39.5% 38%
Gearing 0% 0% 0% 52.7% 0% 117.8%
Liquidity Ratio Or Acid Test 0% 0.7% 0.54% 9.66% 1.41% 5.79%
Pre Tax Profit Margin 0% 0% -340.87% -33% 0% 0%
Return On Capital Employed 0% 0% 482.61% -34.51% 0% 0%
Return On Net Assets Employed 0% 0% 482.61% -52.72% 0% 0%
Return On Total Assets Employed 0% 0% -86% -31.7% 0% 0%
Sales Or Net Working Capital 0% 0% 0% 0% 0% 0%
Stock Turnover Ratio 0% 0% 0% 0% 0% 0%
Total Debt Ratio 0% -5.92% -6.61% 0.66% 1.78% 1.63%