Alternative Bridging Corporation Limited

Alternative Bridging Corporation Limited

#07194858 Active

Alternative Bridging Corporation is a bridging, development finance and commercial lender, providing loans up to £10m. With over a 30-year track record, Alternative Bridging Corporation has an experienced and dedicated team of property finance professionals who have a first-hand understanding of what intermediaries and their clients need from a lender in this market. Big enough to trust, but small enough to deliver, Alternative Bridging Corporation provides intermediaries and their clients with funding certainty, and experience, combined with a can-do attitude, an appetite to lend and a commitment to human conversations and long-lasting relationships.

Founded: 18/03/2010
Industries: Financial intermediation not elsewhere classified
Location: 1st Floor Healthaid House, Marlborough Hill, Harrow, HA1 1UD

Financial Snapshot

Last accounts made up to 30 September 2023
Next accounts due 30 June 2025 (1 month)
Cash in Bank £14.07m
↑ 58%
Turnover £24.5m
↑ 66%
EBITDA £1.99m
↑ 16%
Gross Profit £7.22m
↑ 20%
Total Liabilities £18.9m
↓ -33%
Employees 1
↑ 0%

Directors

Role:
Company Director
Appointed:
18/01/2021
Nationality:
British
Age:
54 years
Role:
Chief Operating Officer
Appointed:
07/04/2017
Nationality:
British
Age:
61 years
Role:
Company Director
Appointed:
08/06/2015
Nationality:
British
Age:
58 years
Role:
Company Director
Appointed:
30/03/2010
Nationality:
British
Age:
85 years
Role:
Company Director
Appointed:
30/03/2010
Nationality:
British
Age:
57 years
Role:
Company Director
Appointed:
30/03/2010
Nationality:
British
Age:
58 years

People with Significant Control

Nature of Control:
Ownership Of Shares 50 To 75 Percent, Voting Rights 50 To 75 Percent
Notified On:
06/04/2016
Nationality:
United Kingdom
Sep 2023Sep 2022Sep 2021
Income Statement
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Debtors
Cash in Hand
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P&L Account Reserve
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Provisions
Long Term Debt
Creditors (> 1 year)
Other Non-Current Liabilities
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Creditors
Creditors (< 1 year)
Other Current Liabilities
Key Metrics
Net Assets
Net Current Assets
Total Assets Less Current Liabilities
Working Capital
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Added Value
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Other Information
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Number of Employees
5 shareholders available
Shareholder 1
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Percentage:
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Charges

9 charges registered
Alter Domus Trustees (UK) Limited Outstanding
Created 01/07/2024
#071948580009 Negative Pledge
Alter Domus Trustees (UK) Limited Outstanding
Created 08/06/2023

N/A.

#071948580008 Negative Pledge

Properties

1 property
Regions
1
Freehold
0
Leasehold
1
SOUTH EAST

Building 2, Imperial Place, Maxwell Road, Borehamwood (WD6 1JN)

Leasehold WD6 1JN
Added 09/11/2015 HERTSMERE
0 issuances recorded

Total Amount Raised (Valid Issuances)

Shares Issued (Valid Issuances)

Date CLASS
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Filing:
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Grants

No grant information available

Group Structure

Government Council Contracts Beta

No council contracts found

Company Filings

28/04/2025 Confirmation Statement

Confirmation Statement With Updates

05/07/2024 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

13/06/2024 Accounts

Accounts With Accounts Type Group

23/04/2024 Confirmation Statement

Confirmation Statement With Updates

25/09/2023 Officers

Change Person Director Company With Change Date

13/06/2023 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

05/05/2023 Accounts

Accounts With Accounts Type Group