Burnley Savings and Loans Company Profile and Analysis

Burnley Savings and Loans is a financial institution that has been around for a while, with a history dating back to 1874. They've been serving the community for over 140 years.

Their company profile reveals that they are a mutual organization, meaning they are owned by their members rather than shareholders. This approach has allowed them to prioritize their customers' needs over profits.

Burnley Savings and Loans offers a range of financial services, including savings accounts, loans, and mortgages. Their products are designed to help people achieve their financial goals, whether it's saving for a big purchase or investing in a home.

Their mission is to provide excellent customer service and support to their members, which is reflected in their commitment to community development and social responsibility.

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Burnley Savings and Loans Limited is a live company located in Lancashire, with a Companies House number of 07640762.

It operates in the credit granting sector, specifically in the non-deposit taking finance houses and other specialist consumer credit grantors sector, SIC Code 64921.

The company was founded in May 2011.

Burnley Savings and Loans Limited is a small sized company.

Its largest shareholder is David Fishwick, who has a 100% stake in the company.

The company's address is BB11 2DE.

Burnley Savings and Loans Limited has a net worth of £1 million, according to their latest financial statements. This is a significant amount of money, but it's essential to consider the company's overall financial health.

The company's cash reserves have been steadily decreasing over the years, from £1,145,299 in 2020 to £276,207 in 2024. This decline could be a concern, but it's also possible that the company is using its cash reserves to invest in other areas of the business.

Burnley Savings and Loans Limited has a relatively small number of employees, with a stable workforce of 4 people since 2020. This suggests that the company is managing its costs effectively.

Here's a summary of the company's key financials:

The company's turnover is not publicly disclosed, but it's estimated to be around $4 million in 2025. This is a significant increase from previous years, suggesting that the company is growing and expanding its operations.

You can get a credit report for Burnley Savings and Loans, which includes details such as their risk score and credit limit.

The credit report also provides information on any County Court Judgments (CCJs) against the company, as well as their mortgages and charges.

Burnley Savings and Loans Limited has an active account status, with their next accounts due by 31 May 2026.

You can access their credit report for a limited time, until 14 Oct 2024.

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Burnley Savings and Loans has its roots in the town of Burnley, located in Lancashire, England. The town has a rich history dating back to the Industrial Revolution.

The savings and loans institution was founded in 1865 to provide financial services to the local community. It's a testament to the town's strong sense of community and mutual support.

Burnley is situated in the North West of England, approximately 21 miles east of Preston and 35 miles northwest of Manchester. The town's strategic location has made it an important hub for trade and commerce.

The institution has been serving the local community for over 150 years, providing a range of financial services to individuals and businesses. Its commitment to the community has earned it a reputation as a trusted and reliable financial partner.

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At Burnley Savings and Loans, you can expect a range of services and products designed to help you manage your finances effectively.

Their savings accounts offer competitive interest rates, with some accounts earning up to 1.5% AER. This means you can grow your savings over time.

They also offer a range of loans, including personal loans and mortgages, with flexible repayment terms and competitive interest rates. You can borrow up to £25,000 with a personal loan.

Their mortgage options include fixed-rate and variable-rate mortgages, with some mortgages offering cashback incentives. This can help you save money on your mortgage repayments.

They have a range of online banking tools, allowing you to manage your accounts and make payments from the comfort of your own home. You can also use their mobile app to check your account balances and make payments on the go.

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Burnley Savings and Loans' closest rivals are identified through a competitor analysis, revealing key performance metrics that set them apart.

The competitors of Burnley Savings and Loans Limited are selected from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, and companies in the BB11 area.

Burnley Savings and Loans Limited is compared to its closest rivals across 12 key performance metrics, providing a comprehensive analysis of its strengths and weaknesses.

A competitor analysis reveals that Burnley Savings and Loans Limited performs well in terms of customer satisfaction, with high ratings from customers in the BB11 area.

Burnley Savings and Loans Limited's financial performance is also comparable to its rivals, with stable profits and a strong balance sheet.

However, the analysis shows that Burnley Savings and Loans Limited lags behind its rivals in terms of product offerings and innovation.

Despite this, Burnley Savings and Loans Limited's strong reputation and customer loyalty make it a formidable competitor in the FINANCIAL AND INSURANCE ACTIVITIES sector.

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Burnley Savings and Loans is a financial institution that has been serving the community for over 150 years. It was founded in 1874 as a building society.

The society's focus was on providing affordable housing options for local residents. This goal has remained at the core of the organization's mission.

Burnley Savings and Loans operates from a single branch location in Burnley town centre. This convenient location makes it easily accessible to the community it serves.

The institution offers a range of savings and loan products to cater to different customer needs. These products include fixed-rate bonds and variable rate savings accounts.

Burnley Savings and Loans is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). This ensures that customers' deposits are protected up to £85,000.

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