Alternative Bridging (UK 2) Limited
Registered name: ALTERNATIVE BRIDGING (UK 2) LIMITED
Part of Southern Group Limited groupAlternative Bridging (UK 2) Limited made £0 revenue and a £355k loss in the year to 30 Sep 2024.
Alternative Bridging (UK 2) Limited’s revenue fell 100% to £0 in the year to 30 Sep 2024, with a loss of £355k and 4 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Borehamwood; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Borehamwood, East of England
- Age
- 10 yrs · since 2016
- 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.
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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £475k | £167k | £0 |
| Cost of sales | £93.1k | £37.4k | £346k |
| Gross profit | £381k | £130k | −£346k |
| Profit before tax | £372k | £121k | −£355k |
| Profit after tax | £372k | £121k | −£355k |
| Profit (best available) | £372k | £121k | −£355k |
| Employees (average) | 0 | 0 | 4 |
| Ratios | |||
| Profit margin | 78.5% | 72.2% | — |
| Gross margin | 80.4% | 77.6% | — |
| Revenue per employee | — | — | £0 |
| Profit per employee | — | — | −£88.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼64.7% | ▼100% |
| Profit growth | — | ▼67.5% | ▼393.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £206k | £157k | £1.3k |
| Net assets | −£574k | −£453k | −£808k |
| Current assets | £2.1m | £1.4m | £1.3m |
| Debtors | £1.9m | £1.3m | £1.3m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£88.8k
- 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
- —
- 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
- —
- Now −£808k
- Cash at bank
- ▼99%
- Now £1.3k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Southern Group Limitedultimate parent50–75%
- Alternative Bridging Corporation Limited75–100%
- Alternative Bridging (UK 2) 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 Corporation (Cheval) LimitedRev. £483k · Profit £20.6k
- 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 2024 (profit −£355k), from the Companies House accounts bulk data published May 2025. 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.