Alternative Development Finance Limited
Registered name: ALTERNATIVE DEVELOPMENT FINANCE LIMITED
Part of Southern Group Limited groupAlternative Development Finance Limited made £1.9m revenue and a £1.9m loss in the year to 30 Sep 2025. read from filing text
Alternative Development Finance Limited’s revenue fell 48% to £1.9m in the year to 30 Sep 2025, with a loss of £1.9m 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
- 5 yrs · since 2021
- 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) | £258k | £2.1m | £3.6m | £1.9m |
| Cost of sales | £147k | £1.8m | £3m | £3.7m |
| Gross profit | £111k | £309k | £571k | −£1.8m |
| Profit before tax | £103k | £270k | £527k | −£1.9m |
| Profit after tax | £83.5k | £211k | £527k | −£1.9m |
| Profit (best available) | £83.5k | £211k | £527k | −£1.9m |
| Employees (average) | 0 | 0 | 4 | 0 |
| Ratios | ||||
| Profit margin | 32.3% | 10.2% | 14.6% | −102.3% |
| Gross margin | 43% | 15% | 15.8% | −99.6% |
| Revenue per employee | — | — | £901k | — |
| Profit per employee | — | — | £132k | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲74.6% | ▼48.5% |
| Profit growth | — | — | ▲150.3% | ▼460.5% |
| Headcount growth | — | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £438k | £2.1m | £174k | £1m |
| Net assets | £33.6k | £139k | £271k | −£1.6m |
| Current assets | £10.7m | £20.4m | £21.7m | £14.6m |
| Debtors | £3.7m | £17.8m | £20.1m | £13.5m |
| Deferred income | £274k | £90.3k | £53.2k | £66.5k |
| 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
- −102.3%
- Profit ÷ revenue.
- Gross margin
- −99.6%
- 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
- 3.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 726.5%
- 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
- ▼702%
- Now −£1.6m
- Cash at bank
- ▲481%
- Now £1m
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▲25%
- Now £66.5k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Southern Group Limitedultimate parent50–75%
- Alternative Bridging Corporation Limited75–100%
- Alternative Development Finance 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 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
- 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 −£1.9m), 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.