CompanyTrack
P

PRECISE MORTGAGE FUNDING 2020-1B PLC

Dissolved Basildon

Activities of mortgage finance companies

0 employees
Activities of mortgage finance companiesFinancial intermediation not elsewhere classified
P

PRECISE MORTGAGE FUNDING 2020-1B PLC

Activities of mortgage finance companies

Founded 22 Nov 2019 Dissolved Basildon, United Kingdom 0 employees
Activities of mortgage finance companiesFinancial intermediation not elsewhere classified
Accounts Submitted 8 Jul 2024
Confirmation Statement Submitted 5 Dec 2025
Net assets £-1.51M £9.03M 2023 year on year
Total assets £220.87M £48.40M 2023 year on year
Total Liabilities £222.38M £39.37M 2023 year on year
Charges 1
1 satisfied

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Contact & Details

Registered Address

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

Credit Report

Discover PRECISE MORTGAGE FUNDING 2020-1B PLC's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

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 (2020–2023)

Cash in Bank

£19.94M

Increased by £11.76M (+144%)

Net Assets

-£1.51M

Decreased by £9.03M (-120%)

Total Liabilities

£222.38M

Decreased by £39.37M (-15%)

Turnover

£16.99M

Increased by £8.23M (+94%)

Employees

N/A

Debt Ratio

101%

Increased by 4 (+4%)

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

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 49,999 Shares £12k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
3 Dec 201949,999£12k£0.25

Officers

Officers

4 active 1 resigned
Status
Csc Corporate Services (uk) LimitedCorporate-secretaryUnited KingdomUnknown22 Nov 2019Active
Directors (no.1) LimitedCorporate-directorUnited KingdomUnknown22 Nov 2019Active
Directors (no.2) LimitedCorporate-directorUnited KingdomUnknown22 Nov 2019Active
Oskari TammenmaaDirectorFinnishUnited Kingdom4524 Feb 2025Active

Shareholders

Shareholders (1)

Precise Mortgage Holdings 2020-1b Limited
100.0%
50,00023 Nov 2020

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Precise Mortgage Holdings 2020-1b Limited

United Kingdom

Active
Notified 22 Nov 2019
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Group Structure

Group Structure

PRECISE MORTGAGE HOLDINGS 2020-1B LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
CSC CORPORATE SERVICES (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
CSC CAPITAL MARKETS UK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
CSC CAPITAL MARKETS HOLDING COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
PRECISE MORTGAGE FUNDING 2020-1B PLC Current Company

Charges

Charges

1 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
11 Dec 2025AddressChange Registered Office Address Company With Date Old Address New AddressView(3 pages)
11 Dec 2025InsolvencyLiquidation Voluntary Appointment Of LiquidatorView(3 pages)
11 Dec 2025InsolvencyLiquidation Voluntary Declaration Of SolvencyView(5 pages)
11 Dec 2025ResolutionResolutionsView(1 page)
5 Dec 2025Confirmation StatementConfirmation statement made on 2025-11-21 with no updatesView(3 pages)
11 Dec 2025 Address

Change Registered Office Address Company With Date Old Address New Address

11 Dec 2025 Insolvency

Liquidation Voluntary Appointment Of Liquidator

11 Dec 2025 Insolvency

Liquidation Voluntary Declaration Of Solvency

11 Dec 2025 Resolution

Resolutions

5 Dec 2025 Confirmation Statement

Confirmation statement made on 2025-11-21 with no updates

Recent Activity

Latest Activity

Change Registered Office Address Company With Date Old Address New Address

2 months ago on 11 Dec 2025

Liquidation Voluntary Appointment Of Liquidator

2 months ago on 11 Dec 2025

Liquidation Voluntary Declaration Of Solvency

2 months ago on 11 Dec 2025

Resolutions

2 months ago on 11 Dec 2025

Confirmation statement made on 2025-11-21 with no updates

2 months ago on 5 Dec 2025