Alternative Bridging Corporation (Cheval) Limited
Registered name: ALTERNATIVE BRIDGING CORPORATION (CHEVAL) LIMITED
Part of Southern Group Limited groupAlternative Bridging Corporation (Cheval) Limited made £483k revenue and £20.6k profit in the year to 30 Sep 2025. read from filing text
Alternative Bridging Corporation (Cheval) Limited’s revenue fell 32% to £483k in the year to 30 Sep 2025, with £20.6k profit and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Borehamwood; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 25 yrs · since 2001
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent undertaking is Alternative Bridging Corporation Limited, a company registered in England and Wales. Copies of the immediate parent company's financial statements may be obtained f”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £756k | £837k | £715k | £483k |
| Cost of sales | £102k | £93.8k | £245k | £33.1k |
| Gross profit | £654k | £743k | £471k | £450k |
| Profit before tax | £202k | £255k | £26.7k | £20.6k |
| Profit after tax | £202k | £255k | £26.7k | £20.6k |
| Profit (best available) | £202k | £255k | £26.7k | £20.6k |
| Employees (average) | 0 | 0 | 4 | 0 |
| Ratios | ||||
| Profit margin | 26.7% | 30.4% | 3.7% | 4.3% |
| Gross margin | 86.5% | 88.8% | 65.8% | 93.2% |
| Revenue per employee | — | — | £179k | — |
| Profit per employee | — | — | £6.7k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲10.7% | ▼14.5% | ▼32.5% |
| Profit growth | — | ▲26% | ▼89.5% | ▼22.8% |
| Headcount growth | — | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £95.4k | £82.6k | £11.8k | £5.9k |
| Net assets | £91.7k | £92.4k | £55.1k | £11.7k |
| Current assets | £374k | £1.5m | £2.3m | £291k |
| Debtors | £0 | £1.1m | £1.6m | £0 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 93.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼79%
- Now £11.7k
- Cash at bank
- ▼50%
- Now £5.9k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Southern Group Limitedultimate parent50–75%
- Alternative Bridging Corporation Limited75–100%
- Alternative Bridging Corporation (Cheval) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- Alternative Bridging (UK 1) LimitedRev. £12.6m · Profit £627k
- Property Finance Capital (No 2) LimitedRev. £7.2m · Profit £0
- Alternative Development Finance LimitedRev. £1.9m · Profit −£1.9m
- Alternative Bridging (Management) LimitedRev. £1.2m · Profit £288k
- Property Finance Nominees (NO.3) LimitedRev. £934k · Profit £0
- Property Finance Capital LimitedRev. £925k · Profit £0
- Alternative Bridging (UK 2) LimitedRev. £0 · Profit −£355k
- Property Finance Capital (No 3) LimitedRev. £0 · Profit £192k
- Alternative Commercial Mortgages LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £20.6k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.