Q2

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Q2

  1. 1. FACTORS & DISCOUNTERS ASSOCIATION QUARTERLY STATISTICS TO JUNE 2002 No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.
  2. 2. FDA STATISTICS Factors & Discounters Association JUNE 2002 CONTENTS Page List of Contributors 1 Executive Summary – Aggregate Figures 2 Period End Balances Analysed by Client Turnover and Industry Sector 3 No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.
  3. 3. FDA STATISTICS Factors & Discounters Association JUNE 2002 CONTRIBUTORS The members listed below contributed data for the period to June 2002: A H, I AIB Commercial Services Ltd HSBC Invoice Finance (UK) Ltd Alliance & Leicester Invoice Finance ICC-Heller Ltd Anglo Irish Bank Independent Growth Finance Aston Rothbury Factors Ltd Isis Factors Plc B L, M Bank of America, NA Lloyds TSB Commercial Finance Ltd Bank of Ireland Commercial Finance, Belfast Metropolitan Factors Ltd Bank of Ireland Commercial Finance, Dublin Bank of Scotland Cashflow Finance Barclays Bank Plc, Sales Financing Bibby Group of Factors Ltd Burdale Financial Ltd C N Cattles Invoice Finance Ltd National Australia Group Europe Ltd City Invoice Finance Ltd Close Invoice Finance Ltd D, E R, S Deutsche Financial Services (UK) Ltd RDM Factors Ltd Eurofactor (UK) Ltd SME Invoice Finance Ltd F T First National Invoice Finance Ltd The Royal Bank of Scotland Commercial First Trust Bank Services Ltd Five Arrows Commercial Finance Ltd Transamerica Distribution Finance Ltd Fortis Commercial Finance Ltd G U, V Gaelic Cash Flow Finance Ltd Ulster Bank Commercial Services, Dublin GE Capital Commercial Finance Ltd Ulster Bank Commercial Services (NI) Ltd GMAC Commercial Credit Ltd Venture Finance Plc No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.
  4. 4. FDA STATISTICS Factors & Discounters Association JUNE 2002 EXECUTIVE SUMMARY The statistics below represent the aggregate of all those members contributing data. Please note certain members may have contributed clients’ sales data but not period end data and vice versa. CLIENTS’ SALES VOLUMES (£M) Quarter ended … Year-to-date … (All products) June 02 June 01 % Change June 02 June 01 % Change Domestic factoring 4,240 3,962 7% 8,344 7,915 5% Domestic invoice discounting 20,210 16,736 21% 39,140 32,922 19% Export factoring 229 226 1% 461 470 -2% Export invoice discounting 606 825 -27% 1,242 1,507 -18% Import factoring 175 191 -8% 358 362 -1% Total clients’ sales 25,460 21,940 16% 49,545 43,176 15% Non recourse included in total above 2,712 2,923 -7% 5,410 5,725 -6% Credit protection payments to clients 3.5 2.9 21% 8.4 6.6 27% BALANCES AT PERIOD END (£M) Balances as at the end of … (All products) June 02 June 01 % Change Advances 7,224 6,810 6% Debtor outstandings 14,517 13,037 11% Other trading assets 548 558 -2% NUMBER OF CLIENTS AT PERIOD Number of clients as at the end of … END (UNITS) (All products) June 02 June 01 % Change Domestic factoring 16,726 16,220 3% Domestic invoice discounting 10,576 9,156 16% Export and mixed export + domestic 2,425 2,146 13% Import 1,469 1,424 3% No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.
  5. 5. FDA STATISTICS Factors & Discounters Association JUNE 2002 Total number of clients 31,196 28,946 8% Analysis of advances and client numbers by size of client turnover Client annual turnover Number of clients at the Advanced (quarter end bands quarter end balance £m) £0 - £500,000 13,541 421 £500,001- £1,000,000 5,707 508 £1,000,001 - £5,000,000 8,999 2,161 £5,000,001 - £10,000,000 1,681 1,107 Over £10,000,000 1,268 3,027 Total 31,196 7,224 Analysis of client numbers by industry sector Industry sector Number of clients at the quarter end Manufacturing 11,837 Distribution 6,221 Services 9,249 Transport 1,346 Other 2,543 Total 31,196 No part of this information may be reproduced, photocopied, stored in an electronic retrieval system or transmitted expect by members of the FDA or by others with the specific consent of the Factors & Discounters Association.

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