Wandle Mortgage Funding Limited
Registered name: WANDLE MORTGAGE FUNDING LIMITED
Part of Apex Consolidation Entity Ltd groupWandle Mortgage Funding Limited made £5.8m revenue and £306 profit in the year to 31 Dec 2023.
Wandle Mortgage Funding Limited’s revenue grew 64% to £5.8m in the year to 31 Dec 2023, with £306 profit. The company is classified under “activities of mortgage finance companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.3m | £3.6m | £5.8m |
| Cost of sales | −£668k | −£3m | −£5.8m |
| Operating profit | £300 | £400 | £400 |
| Profit before tax | £300 | £400 | £400 |
| Profit after tax | £243 | £324 | £306 |
| Profit (best available) | £243 | £324 | £306 |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Growth (year on year) | |||
| Revenue growth | — | ▲180.6% | ▲64% |
| Profit growth | — | ▲33.3% | ▼5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2023 | Accounts · bulk data Jul 2023 | Accounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Apex Consolidation Entity Ltdultimate parent75–100%
- Apex Corporate Trustees (UK) Limited75–100%
- Apex Trust Nominees No. 1 Limited75–100%
- Wandle Mortgage Funding Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (33)
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- Artesian Finance III PLCFigures not disclosed
- Artesian Finance PLCFigures not disclosed
- Biz Finance PLCFigures not disclosed
- Cobalt Securitisation LimitedFigures not disclosed
- Cofco Holdings 1 LimitedFigures not disclosed
- Constable Homeloans LimitedFigures not disclosed
- Debussy DTC PLCLiquidationFigures not disclosed
- Exhibition Finance PLCFigures not disclosed
- Forge Funding LimitedFigures not disclosed
- Hackremco (No. 2660) LimitedFigures not disclosed
- Highfield Asset Backed Securitisation 1 LimitedFigures not disclosed
- Iivr Ltd.Figures not disclosed
- Ludgate Funding (Options) LimitedFigures not disclosed
- Ludgate Funding Holdings LimitedFigures not disclosed
- New Bridge Aerofinance Principals GP LimitedFigures not disclosed
- Newgate Funding (Options) LimitedFigures not disclosed
- Newgate Funding Holdings LimitedFigures not disclosed
- Prodigy Repayments LimitedFigures not disclosed
- RMS Securitisation Holdings LimitedLiquidationFigures not disclosed
- Skye Loans LimitedFigures not disclosed
- Southern Pacific 04-B Parent LimitedFigures not disclosed
- Southern Pacific 05-a Parent LimitedFigures not disclosed
- Southern Pacific Financing 05-B Parent LimitedFigures not disclosed
- Southern Pacific Financing 06-a Parent LimitedFigures not disclosed
- Southern Pacific Securities 06-1 Parent LimitedFigures not disclosed
- SSB No. 1 PLCFigures not disclosed
- The Higher Education Securitised Investments Series (Holdings) LimitedFigures not disclosed
- Together Asset Backed Securitisation 1 Holdings LimitedLiquidationFigures not disclosed
- Together Asset Backed Securitisation 2018 - 1 Holdings LimitedLiquidationFigures not disclosed
- Unifund PLCFigures not disclosed
- Usaf Issuer Holdings II LimitedFigures not disclosed
- Vehicle Titleco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £306), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.