NORTH EAST FINANCE (SUBCO) LIMITED - Profile & Financials

Accounts Submitted 7 Oct 2025

Confirmation Statement Submitted 26 Aug 2025

Net assets £-18.01M £232.67K 2023 year on year

Total assets £2.43M £1.33M 2023 year on year

Total Liabilities £20.45M £1.10M 2023 year on year

Charges 3

3 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Third Floor, Baltimore House Abbots Hill Gateshead NE8 3DF England

Credit Report

Discover NORTH EAST FINANCE (SUBCO) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

N/A

Net Assets

-£18.01M

Decreased by £232.67k (-1%)

Total Liabilities

£20.45M

Decreased by £1.10M (-5%)

Turnover

£25.37k

Increased by £14.44k (+132%)

Employees

N/A

Debt Ratio

840%

Increased by 268 (+47%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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

6 active 5 resigned

Show resigned officers

						Status
Andrew Darby Mitchell	Director	British	England	67	14 Dec 2009	Active
Andrew James Arkless	Secretary	Unknown	Unknown	—	20 Dec 2019	Active
David Robert Macgowan Chapman	Director	British	United Kingdom	84	31 Dec 2019	Active
Helen Rachelle Sinclair	Director	British	United Kingdom	59	31 Dec 2019	Active
Kay Lorraine Wilkinson	Director	British	United Kingdom	55	1 Apr 2022	Active
William Taninhill Blair	Director	British	Scotland	70	31 Dec 2019	Active

Shareholders

Shareholders (1)


North East Finance (holdco) Limited	100.0%	1	Ordinary	19 Oct 2015

Persons with Significant Control

Persons with Significant Control (1)

1 Active

North East Finance (holdco) Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent

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Group Structure

NORTH EAST FINANCE (HOLDCO) LIMITED united kingdom shares 75 to 100 percent

NORTH EAST ACCESS TO FINANCE LIMITED united kingdom

NORTH EAST FINANCE (SUBCO) LIMITED Current Company

IBEX INNOVATIONS LTD united kingdom significant influence or control

INVISOTECH LIMITED united kingdom significant influence or control

NICE GUY EDDIE LIMITED united kingdom shares 50 to 75 percent

NORTH EAST TECHNOLOGY (GP) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

RECRUITMENTFORCE LIMITED united kingdom significant influence or control

Charges

3 satisfied

Documents

Company Filings

Date	Category	Description	Document
7 Oct 2025	Accounts	Annual accounts made up to 2025-03-31	View(24 pages)
26 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-08-26 with no updates	View(3 pages)
14 Oct 2024	Accounts	Annual accounts made up to 2024-03-31	View(24 pages)
27 Aug 2024	Confirmation Statement	Confirmation statement made on 2024-08-27 with no updates	View(3 pages)
17 Oct 2023	Confirmation Statement	Confirmation statement made on 2023-10-13 with no updates	View(3 pages)