TOSCAFUND LIMITED
Get an alert when TOSCAFUND LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-05-29 (this month)
Last made up 2025-05-15
Watchouts
None on the register
Cash
£634K
Latest balance sheet
Net assets
£136M
Equity attributable
Employees
1
Average over period
Profit before tax
-£27M
Period ending 2025-03-31
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£64,243,146 | -£24,593,037 | |
| Profit before tax | -£75,884,245 | -£26,678,617 | |
| Net profit | -£62,677,032 | -£22,460,002 | |
| Cash | £366,676 | £633,847 | |
| Total assets less current liabilities | £195,023,902 | £135,793,900 | |
| Net assets | £158,253,902 | £135,793,900 | |
| Equity | £158,253,902 | £135,793,900 | |
| Average employees | 1 | 1 | |
| 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. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | -32.9% | -18.1% | |
| Current ratio | 3.85x | 3.14x | |
| Interest cover | -5.52x | -11.77x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries and based on his knowledge of the economic environment, and the financial industry in particular, the director has formed a judgement at the time of approving the financial statements that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company relies on the performance of Toscafund Asset Management LLP and its management of the funds in which the Company has invested for its revenue, and projections made by the LLP indicate that its future income is more than adequate to sustain the LLP's business well into the future even when possible further market fluctuations are considered. The Company also has significant retained reserves of its own. For these reasons, the director continues to adopt the going concern basis in preparing the financial statements of the Company.”
Group structure
- TOSCAFUND LIMITED · parent
- Toscafund Asset Management LLP
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOOTH, Oliver George | Secretary | 2024-12-10 | — | — |
| HUGHES, Martin Brian | Director | 2000-05-15 | Sep 1961 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUGHES, Celestina | Secretary | 2000-05-15 | 2009-03-13 |
| MCKAY, Martin James | Secretary | 2009-03-13 | 2024-12-10 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2000-05-15 | 2000-05-15 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2000-05-15 | 2000-05-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Old Oak Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-16 | Active |
| Mr Martin Brian Hughes | Individual | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-29 | AA01 | accounts | Change account reference date company current extended | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-11-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-15 | AA | accounts | Accounts with accounts type full | |
| 2022-05-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-14 | AA | accounts | Accounts with accounts type full | |
| 2021-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-11 | CH03 | officers | Change person secretary company with change date | |
| 2020-12-11 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.