Performance of Invoice Finance Lenders March London and South East Summary Report

Transcription

1 Performance of Invoice Finance Lenders March London and South East Summary Report

2 Table of Contents 1. Introduction 2. Corporate Debenture Records 3. Number of Debentures Registered in March 2015 by Invoice Finance Providers 4. Lenders Ranked by Size of Client s Debtor Books (March 2015 Debentures created in London and SE) 5. Number of Debentures Registered to Invoice Finance Providers by each Industry Classification (SIC 2007) 6. Distribution of March 2015 Invoice Finance Debentures in London & SE by Client Company Age

3 1. Introduction The aim of this report is to summarise activity within the Invoice Finance landscape in March It details lending activity in London and the South East only. In this geographic area, creditors registered 2,809 debentures against businesses in March This summary report looks at those debentures in more detail. Although this summary report only looks at London and the South East, in depth reports are available for other regions or for the UK as a whole. Please do contact us if you would like to receive future editions, or if you would like the data on the featured companies including contact details and associated financial data.

4 2. Corporate Debenture Records The below is a random sample of five records. This information is available for every debenture registered against a UK firm. Person Entitled to Charge (Lender) CLOSE BROTHERS LIMITED FACTOR 21 PLC AIB GROUP (UK) PLC ULTIMATE INVOICE FINANCE LIMITED HITACHI CAPITAL (UK) PLC Chargee (Borrower/Client) South Point Serviced Offices LLP Hauk Facilities Management Limited Byrne Plant Limited TC Precision Group Ltd U.T.C. Southern Limited Short Particulars Date Registered Date Created Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 19-Mar Mar-15 Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 12-Mar Mar-15 Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 11-Mar Mar-15 Description all assets debenture. All monetary and all obligations and liabilities whether actual or contingent now or hereafter due owing or incurred by the company 26-Mar Mar-15 Debenture contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 6-Mar Feb-15 The above information can be combined with other data points to provide insights into competitor activity and strategy. The remainder of this summary report provides examples of the type of insight that can be drawn, in addition to the competitor data.

5 3. Number of Debentures Registered in March 2015 by Invoice Finance Providers. Aldermore includes charges registered to both Aldermore 'Invoice Finance Division', and selected charges to 'Aldermore Bank PLC'. GE Corporate Finance (Bank) includes one charge registered to GE Capital Bank. Close Brothers have been excluded as no new debentures in favour of Close Brothers Invoice Finance. Bridging Finance Limited registered charges against 5 different entities, albeit not necessarily invoice finance. Lombard North Central PLC registered charges against 4 different entities, albeit not necessarily invoice finance.

6 4. Lenders Ranked by Size of Client s Debtor Books (March 2015 Debentures created in London and SE) 89m Total Debtor Book Size HSBC INVOICE FINANCE (UK) LTD RBS INVOICE FINANCE LTD ABN AMRO COMMERCIAL FINANCE PLC GE CORPORATE FINANCE BANK* LLOYDS BANK COMMERCIAL FINANCE LTD ALDERMORE MARKETINVOICE LIMITED

7 5. Number of Debentures Registered to Invoice Finance Providers by each Industry Classification (SIC 2007) Of the Companies (in London & SE) who had a debenture registered against them in March 2015, 128 had a SIC Code available from their annual accounts. The analysis shows that 76 industry sub-codes cover all of the debentures registered, however, just 6 sub-codes cover 33% of all the debentures created. For further details on the highest yielding codes please contact MarketingNav.

8 6. Distribution of March 2015 Invoice Finance Debentures in London & SE by Client Company Age For any enquiries please contact: Copyright 2015 Marketing Navigation Limited. All rights reserved.