T.H.F.C. (SERVICES) LIMITED
Get an alert when T.H.F.C. (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
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
38
-5% vs 2025
Profit before tax
£1.4m
-32.7% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
10 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
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 | £10,939,000 | £10,671,000 | £11,839,000 | +10.9% | |
| Operating profit | — | — | — | — | |
| Profit before tax | £5,331,000 | £2,107,000 | £1,419,000 | -32.7% | |
| Net profit | £3,996,000 | £1,412,000 | £957,000 | -32.2% | |
| Cash | £8,301,000 | £8,965,000 | — | — | |
| Total assets less current liabilities | £18,106,000 | £19,697,000 | — | — | |
| Net assets | £16,202,000 | £17,686,000 | — | — | |
| Equity | £16,202,000 | £17,686,000 | — | — | |
| Average employees | 36 | 40 | 38 | -5% | |
| Wages | £2,843,000 | £4,037,000 | £4,595,000 | +13.8% | |
| Directors' remuneration | £1,260,000 | £1,499,000 | £1,505,000 | +0.4% | |
| Directors' pension contributions | £31,000 | £67,000 | £112,000 | +67.2% | |
| Highest paid director | £506,000 | £451,000 | £459,000 | +1.8% |
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 |
|---|---|---|---|---|
| Net margin | 36.5% | 13.2% | 8.1% | |
| Gearing (liabilities / total assets) | 21.4% | 21.2% | — | |
| Current ratio | 8.05x | 7.79x | — |
Margins divide P&L lines by turnover. 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 2 times since incorporation
- T.H.F.C. (SERVICES) LIMITED 1994-03-01 → present
- HOUSING FINANCE SERVICES LIMITED 1990-04-17 → 1994-03-01
- CHATERDENE LIMITED 1990-03-12 → 1990-04-17
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit (a trading name of S&W Partners Audit Limited)
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have concluded that the Company has adequate resources to continue in operational existence for the 12 months from the date on which the financial statements are approved. For this reason, the Company will continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- T.H.F.C. (SERVICES) LIMITED · parent
- UK Rents (Holdings) Limited 100%
- UK Rents Trustee Limited* 100%
- UK Rents (No.1) Plc* 100%
- T.H.F.C. (Capital) Plc 100%
- Affordable Housing Finance Plc 100%
- Blend Funding Plc 100%
- THFC Sustainable Finance Plc 100%
- T.H.F.C. Sustainable Finance (No.2) Plc 100%
- Housing Finance Trustee Limited 100%
- Social Housing Finance 1 Plc 100%
- Social Housing Finance 2 Plc 100%
- Urban Housing Finance Plc 100%
- Temporary Accommodation Funding Plc 100%
- Shared Ownership Funding Plc 100%
Significant events
- “The group completed a reorganisation of the corporate structure on 1st July 2026. As a result, the company's ultimate parent is now the The Housing Finance Holding Corporation Ltd. In addition, the vast majority of the net assets of the company were acquired by another company in the group, The Housing Finance Corporation Operations Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 59 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAILEY, Susan | Director | 2026-04-01 | Aug 1967 | British |
| GHEERAWO SKILBECK, Melissa | Director | 2026-04-01 | Aug 1979 | British |
| JELIC, Andrea | Director | 2026-04-01 | Nov 1985 | British |
| NAIR, Priyanka | Director | 2024-04-01 | Jun 1975 | Irish |
| RICK, Benjamin | Director | 2024-11-04 | Aug 1972 | British |
Show 59 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AINGER, Barbara | Secretary | 1995-01-26 | 2001-04-17 |
| APTHORPE, Catherine Jane | Secretary | 2019-11-12 | 2021-09-09 |
| BURKE, Colin John, Mr. | Secretary | 2002-11-28 | 2022-05-24 |
| COETZEE, Julie Laraine | Secretary | 2023-02-07 | 2024-08-09 |
| COOKE YARBOROUGH, Deanne Cecile | Secretary | 2001-04-17 | 2001-06-30 |
| FENT, Martin James | Secretary | 2025-03-07 | 2026-03-31 |
| GIBBS, Peter | Secretary | 2002-08-05 | 2002-11-28 |
| LEE HOAREAU, Ella Louise Adele | Secretary | 2021-09-21 | 2023-10-13 |
| PEARSON, Virginia Ann | Secretary | 2001-07-01 | 2002-08-05 |
| SHALLCROSS, Katherine Samantha | Secretary | 2023-10-13 | 2025-03-07 |
| SHINTON, John David | Secretary | 1993-04-23 | 1995-01-13 |
| WALKER, Raymond Bernard Nathan | Secretary | 2022-05-24 | 2022-11-01 |
| NOMINEE SECRETARIES LTD | Corporate Nominee Secretary | — | 1993-04-23 |
| ALEXANDER, Pamela Elizabeth | Director | 2002-04-01 | 2011-03-31 |
| ARBUTHNOT, Charles Robert Denys | Director | 2008-11-27 | 2018-07-24 |
| BINDER, Alan Naismith | Director | 1994-03-15 | 2001-04-23 |
| BLOMFIELD-SMITH, Rosamund | Director | 2000-11-05 | 2002-02-04 |
| BLUNDEN, George Patrick | Director | 2019-03-26 | 2025-11-24 |
| BOOHAN, Michael Daniel | Director | 1995-03-20 | 2010-03-31 |
| BOTTLES, Scott Lee | Director | 2018-03-20 | 2025-11-24 |
| BURKE, Colin John, Mr. | Director | 2014-07-22 | 2022-05-24 |
| COETZEE, Julie Laraine | Director | 2023-02-07 | 2024-08-09 |
| COOKE, Peter William | Director | 1997-12-08 | 2003-06-23 |
| COULTER, James Edward | Director | 1993-04-23 | 2005-06-20 |
| CREED, David Ronald | Director | 1993-04-23 | 2007-06-25 |
| DENNIS, George John James | Director | 1993-04-23 | 2002-03-31 |
| EDGE, Fenella Jane | Director | 2006-04-24 | 2023-07-27 |
| EXFORD, Keith Philip | Director | 2011-04-01 | 2020-07-28 |
| FENT, Martin James | Director | 2025-01-31 | 2026-03-31 |
| IMPEY, Peter Henry | Director | 2020-05-19 | 2023-07-27 |
| KING, Anthony Neil | Director | 2020-03-17 | 2025-11-24 |
| MACGREGOR, Fiona Jane | Director | 2023-07-28 | 2025-11-24 |
| MAYER, Ralph Anthony Jeffrey | Director | 1993-04-23 | 1996-04-02 |
| MOLEDINA, Shaukat | Director | 2004-09-01 | 2006-04-25 |
| MONTAGUE, David Frederick | Director | 2020-03-17 | 2025-11-24 |
| MOUNTFORD, Roger Philip | Director | 2006-09-01 | 2013-06-26 |
| ORR, David Campbell | Director | 2005-06-20 | 2014-06-17 |
| PARKER, John Henry | Director | 2010-04-01 | 2019-07-30 |
| PAYNE, Gillian Caroline Sarah | Director | 2014-10-10 | 2023-07-27 |
| PEACOCK, Ian Rex | Director | 2013-04-01 | 2019-07-30 |
| PERRY, Norman, Dr | Director | 2003-06-23 | 2004-03-31 |
| PERRY, William Richard | Director | 2014-11-11 | 2023-07-27 |
| POOBALASINGAM, Arun | Director | 2023-07-28 | 2025-02-21 |
| ROPKE, Stuart Michael | Director | 2014-06-17 | 2014-10-10 |
| ROUSE, Jonathan Mark | Director | 2004-04-01 | 2004-09-01 |
| ROWLEY, Gillian | Director | 2006-04-25 | 2012-03-31 |
| RYDER, Catherine Anne | Director | 2022-04-01 | 2023-02-17 |
| SHACKLETON, Deborah Frances | Director | 2011-04-01 | 2020-07-28 |
| SMITH, Shirley Diana | Director | 2018-03-20 | 2025-11-24 |
| STOKES, David William | Director | 2023-07-28 | 2024-08-06 |
| TEASDALE, Gail Louise | Director | 2023-03-28 | 2025-11-24 |
| THOMAS, William Guy | Director | 2019-05-14 | 2025-11-24 |
| VISRAM, Sadrudin Habib | Director | 2002-04-01 | 2011-03-31 |
| WALKER, Raymond Bernard Nathan | Director | 2022-05-24 | 2022-11-01 |
| WALTERS, Jonathan Mark | Director | 2012-04-01 | 2014-11-11 |
| WEBSTER, John Dudley | Director | 1993-10-19 | 1996-12-19 |
| WILLIAMSON, John Piers, Mr. | Director | 2003-01-20 | 2024-04-01 |
| WOOD, Stephen Fitzmaurice | Director | 1993-04-23 | 2002-03-31 |
| NOMINEE DIRECTORS LIMITED | Corporate Director | — | 1993-04-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Housing Finance Corporation Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 247 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 10
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.