Founded in 2000 and based in Bath, the Group was admitted to the Alternative Investment Market in August 2006. 1PM provides an invaluable service to the UK SME market by helping to fill the funding gap left by the UK banking industry. What does 1PM do? The majority of 1PM’s business is provided by UK finance brokers, who are members of the NACFB. All lending and borrowing is at a fixed rate throughout the term of the agreement. Before any lend facility is agreed, all SMEs and proprietors undergo a detailed credit check carried out by 1PM staff. They must have good credit histories and a proven ability to repay their finance commitments. 1PM strives to be a responsible lender and will not provide finance to customers who cannot demonstrate they have sufficient cash-flow to honour their loan commitment. Finance Leasing and Hire Purchase 1PM purchases a wide range of assets on behalf of its customers, costing from £1,000 up to a current maximum of £50,000 so exposure to one debtor is small compared with the overall portfolio; the assets are then leased back to customers over a fixed period of between 12 and 60 months. All assets leased must add value to the customer’s business. 1PM retains ownership of the asset until the final payment is received. The lending term for an asset is between 12 and 60 months, with a typical agreement lasting 3 ½ years. Business Loans This is a new product offered by 1PM to SME’s with loans of between £1,000 and £50,000 per customer. The loans are available for any purpose including working capital and cash-flow funding. The lending term for a loan is from 3 to 60 months.
Company Growth (employees)
Type
Public
HQ
Farmborough, GB
Founded
2000
Size (employees)
66 (est)
Website
1pm.co.uk
1pm was founded in 2000 and is headquartered in Farmborough, GB

1pm Office Locations

1pm has an office in Farmborough
Farmborough, GB (HQ)
2nd Floor St James House The Square

1pm Financials and Metrics

1pm Financials

1pm's revenue was reported to be £12.6 m in FY, 2016 which is a 127% increase from the previous period.
GBP

Revenue (FY, 2016)

12.6 m

Revenue growth (FY, 2015 - FY, 2016), %

127%

Gross profit (FY, 2016)

8.1 m

Gross profit margin (FY, 2016), %

64%

Net income (FY, 2016)

2.9 m

Market capitalization (31-Oct-2017)

26.5 m

Closing share price (31-Oct-2017)

0.5

Cash (31-May-2016)

910 k
1pm's current market capitalization is £26.5 m.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.1 m4.2 m5.5 m12.6 m

Revenue growth, %

36%31%127%

Cost of goods sold

1.7 m2 m2.5 m4.5 m

Gross profit

1.5 m2.2 m3 m8.1 m
GBPFY, 2014FY, 2015FY, 2016

Cash

2.7 k12 k910 k

Accounts Receivable

16.2 m8.8 m19.9 m

Current Assets

17.3 m10.5 m23.9 m

PP&E

72.9 k14.7 m34.6 m
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(1.2 m)(3.6 m)2.4 m

Cash From Financing Activities

1.4 m3.9 m6.5 m

Income Taxes Paid

(297.3 k)(349 k)(480 k)
GBPY, 2016

Revenue/Employee

570.6 k

Financial Leverage

2.9 x
Show all financial metrics

1pm Market Value History

1pm's Web-traffic and Trends

1pm Online and Social Media Presence

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