FOUNDATION FOR CREDIT COUNSELLING
Get an alert when FOUNDATION FOR CREDIT COUNSELLING files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£9.3M
+78.1% vs 2024
Net assets
£16M
+20.2% highest in 3 filed years
Employees
1,065
-6.3% lowest in 3 filed years
Profit before tax
£2.7M
+267.9% vs 2024
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £54,731,000 | £60,193,000 | — | — | |
| Operating profit | — | -£1,839,000 | £2,513,000 | +236.7% | |
| Profit before tax | — | -£1,590,000 | £2,669,000 | +267.9% | |
| Net profit | -£4,735,000 | -£1,590,000 | £2,669,000 | +267.9% | |
| Cash | £9,492,000 | £5,232,000 | £9,317,000 | +78.1% | |
| Total assets less current liabilities | £15,634,000 | £13,766,000 | £16,159,000 | +17.4% | |
| Net assets | £14,803,000 | £13,212,000 | £15,882,000 | +20.2% | |
| Equity | £14,803,000 | £13,212,000 | £15,882,000 | +20.2% | |
| Average employees | 1,175 | 1,137 | 1,065 | -6.3% | |
| Wages | £34,053 | £34,686,000 | £33,892,000 | -2.3% | |
| Directors' remuneration | £12,000 | £14,667 | £16,000 | +9.1% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | -3.1% | — | |
| Net margin | -8.7% | -2.6% | — | |
| Return on capital employed | — | -13.4% | 15.6% | |
| Gearing (liabilities / total assets) | 24.4% | 26.1% | 25.5% | |
| Current ratio | 4.62x | 4.08x | 3.96x |
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
- FOUNDATION FOR CREDIT COUNSELLING 1995-01-19 → present
- CONSUMER CREDIT COUNSELLING SERVICE (WEST YORKSHIRE) 1993-01-18 → 1995-01-19
- CONSUMER CREDIT COUNSELLING SERVICES (WEST YORKSHIRE) 1992-10-19 → 1993-01-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- FOUNDATION FOR CREDIT COUNSELLING · parent
- Consumer Credit Counselling Services (Equity Release) Ltd 100%
- Consumer Credit Counselling Service Voluntary Arrangements Ltd 100%
- Consumer Credit Counselling Service Ltd 100%
- Debt Remedy Ltd 100%
- StepChange Equity Release Ltd 100%
- StepChange Financial Solutions Ltd 100%
- StepChange Voluntary Arrangements Ltd 100%
Significant events
- “The difficult decision to propose the closure of two of our offices during 2026 has been made as a result of a review of office spaces and hybrid working.”
- “Consumer Credit Counselling Services (Equity Release) Ltd subsidiary ceased trading in 2025, with an orderly wind-down expected to conclude by 30 September 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Catherine Jennifer | Secretary | 2024-04-24 | — | — |
| ACTON, Susan | Director | 2023-07-01 | Sep 1972 | British |
| ASHLEY, Michael St John | Director | 2023-07-01 | Sep 1954 | British |
| CAPLAN, Nicholas Michael | Director | 2019-02-26 | Jun 1959 | British |
| DEAN, Barbara Helen | Director | 2019-01-21 | Dec 1959 | British |
| HARDING, Elizabeth Mary | Director | 2023-07-01 | Aug 1982 | British |
| KAUR, Ramondeep | Director | 2025-06-30 | Apr 1983 | British |
| KLIMAYTYS, Yvonne Jean | Director | 2021-07-01 | Mar 1958 | British |
| LYNSKEY, Sean | Director | 2025-06-23 | Jul 1988 | British |
| MELLOR, Lisa Jane | Director | 2025-06-23 | Sep 1976 | British |
| POPE, Janet Edna | Director | 2024-01-01 | Sep 1960 | British |
| TITCOMB, Lesley Jane | Director | 2019-01-21 | Jun 1961 | British |
| WOOD, Christopher Mark | Director | 2021-02-01 | Aug 1970 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADFORD, Rachel Julia | Secretary | 2014-10-30 | 2016-03-17 |
| CARNEY, Richard | Secretary | 1992-10-19 | 1993-10-19 |
| LYNCH, Malcolm John | Secretary | 1993-06-21 | 2014-10-30 |
| O'CONNOR, Michael Cornelius | Secretary | 2016-03-17 | 2016-06-07 |
| SOBO-ALLEN, Femi | Secretary | 2016-06-07 | 2016-07-15 |
| M & K NOMINEE DIRECTORS LIMITED | Corporate Nominee Secretary | 1992-10-19 | 1992-10-19 |
| BEESLEY, Gordon | Director | 2004-03-30 | 2008-06-24 |
| BELL, Josh Carl | Director | 2018-06-01 | 2022-05-31 |
| BURTON, Jeremy John | Director | 1992-10-19 | 2013-07-04 |
| COATES, David Raiffe | Director | 2009-06-09 | 2019-03-31 |
| CROOKS, Bernard John | Director | 2000-06-01 | 2001-09-10 |
| FAIREY, Michael Edward | Director | 2009-06-09 | 2013-07-04 |
| FINGLETON, John Anthony | Director | 2015-03-10 | 2020-04-30 |
| FROST, Timothy James Albert | Director | 2017-07-01 | 2024-06-30 |
| GRIFFITH-JONES, John Guthrie | Director | 2019-01-07 | 2024-04-30 |
| HILL, Andrew Ratcliffe | Director | 2016-07-01 | 2022-07-01 |
| HURLSTON, Malcolm | Director | 1992-10-09 | 2010-12-20 |
| KALIA, Monica | Director | 2017-07-01 | 2022-07-22 |
| LEATHER, Susan Catherine, Dame | Director | 2014-10-14 | 2018-12-31 |
| LESLIE, Christopher Michael | Director | 2006-06-13 | 2010-12-14 |
| LEWIS, Susan Tangier | Director | 2012-07-10 | 2021-06-01 |
| MACLEOD, Kenneth Alexander | Director | 2016-07-01 | 2017-09-20 |
| MICHAEL, Alun Edward | Director | 2014-06-17 | 2018-12-31 |
| MULCAHY, Geoffrey, Sir | Director | 2008-09-25 | 2018-05-31 |
| PANDAY, Kamala | Director | 2013-07-04 | 2014-12-09 |
| PHELAN, Daniel John | Director | 2008-09-25 | 2014-06-17 |
| ROBINSON, Maureen Ann | Director | 2000-06-01 | 2008-02-04 |
| ROSS, James Douglas | Director | 1995-09-14 | 2006-06-13 |
| SANTS, Hector William Hepburn, Sir | Director | 2015-07-01 | 2018-10-02 |
| STERN, Christopher John | Director | 2016-07-01 | 2025-06-30 |
| STEVENSON OF BALMACARA, Robert Wilfrid, Lord | Director | 2010-12-14 | 2015-03-31 |
| TAVERNE, Suzanna | Director | 2009-03-11 | 2017-09-20 |
| THOMPSON, Alastair John | Director | 1993-01-21 | 1995-09-14 |
| THOMPSON, Gillian Jane | Director | 2016-01-08 | 2017-09-19 |
| THORESEN, Otto | Director | 2012-07-10 | 2016-11-08 |
| WALKER PALMOUR, Danielle Jeanine | Director | 2012-07-10 | 2015-06-09 |
| WARE, Victor Robin | Director | 1992-10-19 | 2003-12-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 202 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-01 | AA | accounts | Accounts with accounts type group | |
| 2025-11-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-06 | AA | accounts | Accounts with accounts type group | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | AA | accounts | Accounts with accounts type group | |
| 2024-05-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | CH01 | officers | Change person director company with change date | |
| 2024-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.