PRECISE MORTGAGE FUNDING 2018-2B PLC

Accounts Submitted 20 Mar 2024

Confirmation Statement Submitted

Net assets £14.20K £737.82K 2023 year on year

Total assets £14.31K £125.32M 2023 year on year

Total Liabilities £114.00 £126.06M 2023 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

40a Station Road Upminster Essex RM14 2TR

Credit Report

Discover PRECISE MORTGAGE FUNDING 2018-2B PLC'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 (2018–2023)

Cash in Bank

N/A

Decreased by £14.60M (-100%)

Net Assets

£14.20k

Increased by £737.82k (+102%)

Total Liabilities

£114.00

Decreased by £126.06M (-100%)

Turnover

N/A

Employees

N/A

Debt Ratio

Decreased by 100 (-99%)

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

4 active 3 resigned

Show resigned officers

						Status
Intertrust Corporate Services Limited	Corporate-secretary	United Kingdom	Unknown	—	8 Feb 2018	Active
Intertrust Directors 1 Limited	Corporate-director	United Kingdom	Unknown	—	8 Feb 2018	Active
Intertrust Directors 2 Limited	Corporate-director	United Kingdom	Unknown	—	8 Feb 2018	Active
Oskari Tammenmaa	Director	Finnish	United Kingdom	45	5 Mar 2024	Active

Shareholders

Shareholders (1)


Precise Mortgage Holdings 2018-2b Limited	0.0%	1	Ordinary	29 Jan 2019

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Precise Mortgage Holdings 2018-2b Limited

Unknown

Active

Notified 8 Feb 2018

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

PRECISE MORTGAGE HOLDINGS 2018-2B LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC CORPORATE SERVICES (LONDON) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

CSC MANAGEMENT SERVICES (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC ITG HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CSC FINANCIAL SERVICES HOLDINGS LIMITED united kingdom

PRECISE MORTGAGE FUNDING 2018-2B PLC Current Company

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
18 Dec 2024	Gazette	Gazette Dissolved Liquidation	View(1 page)
18 Sept 2024	Insolvency	Liquidation Voluntary Members Return Of Final Meeting	View(15 pages)
4 Apr 2024	Resolution	Resolutions	View(1 page)
4 Apr 2024	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(5 pages)
4 Apr 2024	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)