ASSETFINANCE LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted

Net assets £5.04M £1.42K 2022 year on year

Total assets £5.04M £1.57K 2022 year on year

Total Liabilities £0.00 £2.99K 2022 year on year

Charges 20

4 outstanding 16 satisfied

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Contact & Details

Contact

Update Details

Registered Address

C/O Teneo Financial Advisory Limited The Colmore Building 20 Colmore Circus Queensway Birmingham B4 6AT

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2022

Type Total Exemption Full

Next accounts 31 December 2023

Due by 30 September 2024 9 months

Net Assets, Total Assets & Total Liabilities (2013–2022)

Cash in Bank

N/A

Net Assets

£5.04M

Increased by £1.42k (+0%)

Total Liabilities

N/A

Decreased by £2.99k (-100%)

Turnover

N/A

Employees

N/A

Debt Ratio

N/A

Financial History

Revenue, profit, EBITDA and key financial figures

	2022 Dec Year End	2021 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active 55 resigned

Show resigned officers

						Status
Hsbc Corporate Secretary (uk) Limited	Corporate-secretary	United Kingdom	Unknown	—	22 Sept 2022	Active
Okechukwu Uwakwe	Director	Irish	England	56	12 Sept 2017	Active
Rex Man-hin Tang	Director	American	United Kingdom	44	29 Jul 2022	Active
Victoria Kathleen Crowley	Director	British	United Kingdom	53	29 Jul 2022	Active

Shareholders

Shareholders (1)


Hsbc Asset Finance (uk) Limited	100.0%	5,000,000	Ordinary	10 May 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Hsbc Asset Finance (uk) Limited

United Kingdom

Active

Notified 26 Oct 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

HSBC ASSET FINANCE (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

HSBC HOLDINGS PLC united kingdom

ASSETFINANCE LIMITED Current Company

Charges

4 outstanding 16 satisfied

Documents

Company Filings

Date	Category	Description	Document
30 Aug 2024	Gazette	Gazette Dissolved Liquidation	View(1 page)
30 May 2024	Insolvency	Liquidation Voluntary Members Return Of Final Meeting	View(9 pages)
16 Dec 2023	Address	Change Registered Office Address Company With Date Old Address New Address	View(2 pages)
14 Dec 2023	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)
14 Dec 2023	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(6 pages)