PRECISE MORTGAGE FUNDING 2019-1B PLC

Accounts Submitted

Confirmation Statement Submitted

Net assets £-2.70M £1.60M 2023 year on year

Total assets £239.56M £142.32M 2023 year on year

Total Liabilities £242.26M £143.92M 2023 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

18a Capricorn Centre Cranes Farm Road Basildon Essex SS14 3JJ

Credit Report

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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 (2019–2023)

Cash in Bank

£8.05M

Decreased by £14.37M (-64%)

Net Assets

-£2.70M

Increased by £1.60M (+37%)

Total Liabilities

£242.26M

Decreased by £143.92M (-37%)

Turnover

£15.19M

Increased by £976.40k (+7%)

Employees

N/A

Debt Ratio

101%

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 2 resigned

Show resigned officers

						Status
Corporate Services (london) Limited	Corporate-secretary	United Kingdom	Unknown	—	9 Oct 2018	Active
Directors (no.3) Limited	Corporate-director	United Kingdom	Unknown	—	9 Oct 2018	Active
Directors (no.4) Limited	Corporate-director	United Kingdom	Unknown	—	9 Oct 2018	Active
Oskari Tammenmaa	Director	Finnish	United Kingdom	45	13 Mar 2024	Active

Shareholders

Shareholders (1)


Precise Mortgage Holdings 2019-1b Limited	0.0%	1	Ordinary	22 Oct 2019

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Precise Mortgage Holdings 2019-1b Limited

Unknown

Active

Notified 9 Oct 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 2019-1B 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 2019-1B PLC Current Company

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
15 Dec 2025	Insolvency	Liquidation Voluntary Members Return Of Final Meeting	View(15 pages)
30 Jun 2025	Address	Change Registered Office Address Company With Date Old Address New Address	View(3 pages)
26 Jun 2025	Resolution	Resolutions	View(1 page)
26 Jun 2025	Insolvency	Liquidation Voluntary Appointment Of Liquidator	View(3 pages)
26 Jun 2025	Insolvency	Liquidation Voluntary Declaration Of Solvency	View(5 pages)