Company Time Finance plc

Equities

OPM

GB00BCDBXK43

Corporate Financial Services

Market Closed - London S.E. 16:35:18 20/06/2024 BST 5-day change 1st Jan Change
37.75 GBX -0.66% Intraday chart for Time Finance plc -6.79% +3.42%

Business Summary

Time Finance plc is a multi-product alternative finance provider. The Company is a lender for the working capital requirements of United Kingdom businesses and acts as a broker in arranging funding. Its offerings include Asset Finance and Invoice Finance with lending proposals originated through various channels, such as finance brokers and other professional firms, equipment vendors, suppliers and dealers, and direct from borrowers. Asset Finance enables investment in vital equipment or refinancing existing assets. Its business products consist of hire purchase, finance lease, and asset-based lending. Invoice Finance helps in improving the cashflow of the customer's business. It provides funding and offers an optional credit control service, where it manages a tailored collections process on the customer's behalf. It offers business loans secured against collateral and secured loans on a short or long-term basis, with monthly repayments. It also offers commercial loans.

Number of employees: 130

Sales per Business

GBP in Million2022Weight2023Weight Delta
Asset Finance
60.0 %
11 47.0 % 17 60.0 % +48.86%
Invoice Finance
38.7 %
8 33.0 % 11 38.7 % +36.75%
Other
1.3 %
0 0.1 % 0 1.3 % +1,571.43%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
100.0 %
24 100.0 % 28 100.0 % +16.62%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 18/02/21
Director of Finance/CFO 47 30/04/17
Compliance Officer - 30/04/18
Sales & Marketing - 31/07/18
Corporate Officer/Principal - -
Sales & Marketing - 30/11/20

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 18/09/23
Chief Executive Officer 52 18/02/21
Director of Finance/CFO 47 30/04/17
Chairman 53 24/03/21
Director/Board Member - 18/09/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 92,512,704 78,222,489 ( 84.55 %) 0 84.55 %

Shareholders

NameEquities%Valuation
Arenainv LP
19.92 %
18,425,000 19.92 % 10 M p
GPIM Ltd.
18.37 %
16,997,431 18.37 % 9 M p
11,542,788 12.48 % 6 M p
Hargreaves Lansdown Asset Management Ltd.
8.885 %
8,219,752 8.885 % 4 M p
Aeternitas Imperium Privatstiftung
3.851 %
3,563,000 3.851 % 2 M p
Lombard Odier Asset Management (Europe) Ltd.
3.300 %
3,052,895 3.300 % 2 M p
IG Markets Ltd.
0.9793 %
906,000 0.9793 % 481 593 p
556,960 0.6020 % 296 058 p
HSBC Global Asset Management (UK) Ltd.
0.4291 %
397,000 0.4291 % 211 029 p
KW Investment Management Ltd.
0.3243 %
300,000 0.3243 % 159 468 p

Company contact information

Time Finance Plc

St. James House The Square, Lower Bristol Road

BA2 3BH, Bath

+44 12 2547 4230

http://www.1pm.co.uk
address Time Finance plc(OPM)
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