Aldermore Invoice Finance
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Aldermore Invoice Finance - overview
Established
1994
Location
Peterborough, England, UK
Primary Industry
Financial Services
About
Aldermore Invoice Finance is a financial services provider specializing in invoice financing solutions for businesses. They aim to enhance cash flow and support business growth through tailored financial products. Aldermore Invoice Finance operates under Aldermore Bank Plc, which was founded in 1994 in Peterborough, UK. The company specializes in providing invoice financing solutions to businesses.
In August 2009, Aldermore acquired the Invoice Finance Division from Cattles, rebranding it as Aldermore Invoice Finance. The latest funding round was an Add-on amounting to GBP 70 million, led by Aldermore Group PLC, which has facilitated its growth. Aldermore Bank offers a range of financial products aimed at individuals and businesses, including mortgages, savings accounts, and business finance solutions. Their mortgage services cater to various customer segments, including first-time buyers and self-employed individuals, while their savings accounts provide competitive interest rates.
The bank's business finance products, including invoice financing, are designed to enhance cash flow and support investments for small to medium-sized enterprises across the UK. In the most recent fiscal year 2024, Aldermore Bank reported revenue of GBP 546,374,652. 2 and an EBITDA of GBP 282,381,735. 9, generated through interest income from mortgages and fees from business finance solutions, including invoice financing.
Following the recent GBP 70 million funding round, Aldermore aims to expand its offerings by developing new financial products targeted at enhancing cash flow for businesses. The company is also exploring opportunities to enter new markets, particularly in Europe, by 2025. The successful acquisition of Cattles' Invoice Finance Division has enabled Aldermore to enhance its capabilities and support the strategic growth outlined in their future plans.
Current Investors
Aldermore Bank PLC
Primary Industry
Financial Services
Sub Industries
Commercial Banks, Consumer Finance
Website
www.aldermore.co.uk
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Aldermore Invoice Finance - timeline of key events
Aldermore Invoice Finance - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 24,241,000 | 40,819,000 | 58,689,000 | 111,235,000 | 169,036,000 | 227,800,000 | 272,900,000 | - | 471,500,000 | 327,200,000 | 317,400,000 | 322,800,000 | 386,900,000 | - | - | - |
| % Revenue Growth (YoY) | - | 68.4% | 43.8% | 89.5% | 52.0% | 34.8% | 19.8% | - | - | - | (3.0%) | 1.7% | 19.9% | - | - | - |
| EBITDA (USD) | (7,539,000) | 953,000 | 3,526,000 | 38,578,000 | 65,311,000 | 111,500,000 | 148,100,000 | - | 240,700,000 | 162,400,000 | 164,400,000 | 123,700,000 | 168,600,000 | - | - | - |
| Operating Income (USD) | (8,806,000) | (899,000) | 759,000 | 34,306,000 | 61,410,000 | 106,200,000 | 142,800,000 | - | 232,300,000 | 157,800,000 | 157,700,000 | 115,700,000 | 160,700,000 | - | - | - |
| Operating Margin | (36.3%) | (2.2%) | 1.3% | 30.8% | 36.3% | 46.6% | 52.3% | - | 49.3% | 48.2% | 49.7% | 35.8% | 41.5% | - | - | - |
| % EBITDA Margin | (31.1%) | 2.3% | 6.0% | 34.7% | 38.6% | 48.9% | 54.3% | - | 51.0% | 49.6% | 51.8% | 38.3% | 43.6% | - | - | - |
| NET Income (USD) | (8,806,000) | (892,000) | 759,000 | 23,378,000 | 39,709,000 | 80,100,000 | 92,300,000 | - | 155,900,000 | 102,200,000 | 64,200,000 | 89,300,000 | 118,000,000 | - | - | - |
| % Net Margin | (36.3%) | (2.2%) | 1.3% | 21.0% | 23.5% | 35.2% | 33.8% | - | 33.1% | 31.2% | 20.2% | 27.7% | 30.5% | - | - | - |
Aldermore Invoice Finance - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Aldermore Invoice Finance | - | ||||||||
| Unspecified Round | Completed | Paver Downes Associates | - |
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Aldermore Invoice Finance - employee data
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