ASSETFINANCE MARCH (B) LIMITED - Profile & Financials

Accounts Submitted 3 Jan 2025

Confirmation Statement Submitted 2 May 2025

Net assets £512.70K £201.13K 2023 year on year

Total assets £2.30M £556.87K 2023 year on year

Total Liabilities £1.79M £758.00K 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

5 Donegal Square South Belfast BT1 5JP

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 (2013–2023)

Cash in Bank

N/A

Net Assets

£512.70k

Increased by £201.13k (+65%)

Total Liabilities

£1.79M

Decreased by £758.00k (-30%)

Turnover

£102.67k

Increased by £44.03k (+75%)

Employees

N/A

Debt Ratio

78%

Decreased by 11 (-12%)

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 40 resigned

Show resigned officers

						Status
Hsbc Corporate Secretary (uk) Limited	Corporate-secretary	United Kingdom	Unknown	—	16 Dec 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%	100,000	Ordinary	4 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 MARCH (B) LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
2 May 2025	Confirmation Statement	Confirmation statement made on 2025-05-01 with no updates	View(3 pages)
3 Jan 2025	Accounts	Annual accounts made up to 2024-03-31	View(21 pages)
21 Nov 2024	Officers	Change to director Rex Man-Hin Tang on 2024-11-19	View(2 pages)
6 May 2024	Confirmation Statement	Confirmation statement made on 2024-05-01 with no updates	View(3 pages)
10 Jan 2024	Accounts	Annual accounts made up to 2023-03-31	View(21 pages)