SUMMIT FINANCIAL SERVICES LIMITED
Get an alert when SUMMIT FINANCIAL SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.6k
-67.3% vs 2025
Net assets
-£205k
-18.2% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£31k
+1.3% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have been prepared on the going concern basis notwithstanding the net liabilities of the company, following receipt by the company of a letter of support from The Summit Group Ltd ("SGL") confirming that SGL will make available to the company such funding as it requires to continue trading for the foreseeable future, being a date not less than 12 months from the date of signature of these financial statements.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£32,009 | -£31,898 | -£31,480 | +1.3% | |
| Profit before tax | -£32,009 | -£31,898 | -£31,480 | +1.3% | |
| Net profit | -£32,009 | -£31,898 | -£31,480 | +1.3% | |
| Cash | £1,226 | £4,804 | £1,570 | -67.3% | |
| Total assets less current liabilities | -£141,153 | -£173,051 | -£204,531 | -18.2% | |
| Net assets | -£141,153 | -£173,051 | -£204,531 | -18.2% | |
| Equity | — | — | -£204,531 | — | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 3733.3% | 2458.6% | — | |
| Current ratio | 0.02x | 0.04x | 0.02x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- SUMMIT FINANCIAL SERVICES LIMITED 1993-03-11 → present
- SUMMIT BRIGGS EVANS LIMITED 1992-02-12 → 1993-03-11
- SUMMIT FINANCIAL SERVICES LIMITED 1990-07-24 → 1992-02-12
- INDUSTRIAL FINANCE SECURITIES LIMITED 1976-12-31 → 1990-07-24
- GRARIGHT LIMITED 1973-04-30 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on the going concern basis notwithstanding the net liabilities of the company, following receipt by the company of a letter of support from The Summit Group Ltd ("SGL") confirming that SGL will make available to the company such funding as it requires to continue trading for the foreseeable future, being a date not less than 12 months from the date of signature of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRATT, Simon James Knevett | Secretary | 1998-12-31 | — | British |
| BARRATT, Simon James Knevett | Director | 1993-06-25 | Jun 1958 | British |
| HUNTER GORDON, Christopher Neil | Director | — | Jun 1958 | British |
| MILNER, David John | Director | 1996-04-30 | Jan 1956 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LAWRENCE, William Sackville Gwynne | Secretary | — | 1998-12-31 |
| BRIGGS, Alastair | Director | — | 1992-09-30 |
| EVANS, Michael David | Director | — | 1992-12-22 |
| LEESMITH, Alan Eustace | Director | 1993-06-25 | 1995-06-01 |
| RANDALL, Stephen Charles | Director | — | 1992-12-22 |
| SIBLEY, Christopher Paul | Director | — | 1996-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Summit Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-07-15 | Active |
| Summit Corporate Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-11-22 | Ceased 2025-05-15 |
| Mr Christopher Neil Hunter Gordon | Individual | Shares 50–75% (as trust) | 2016-04-06 | Ceased 2024-11-22 |
Filing timeline
Last 20 of 145 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-03 | AA | accounts | Accounts with accounts type full | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-01 | AA | accounts | Accounts with accounts type full | |
| 2022-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-03-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-29 | AA | accounts | Accounts with accounts type full | |
| 2020-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-28 | AA | accounts | Accounts with accounts type full | |
| 2019-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-22 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.