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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-02 (in 4mo)

Last made up 2025-08-19

Watchouts

1 item

Cash

Latest balance sheet

Net assets

£14M

+15.9% vs 2023

Employees

113

+6.6% vs 2023

Profit before tax

£11M

+12.4% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £14,251,464£15,498,887
Operating profit
Profit before tax £9,574,143£10,765,787
Net profit £7,313,381£8,054,376
Cash
Total assets less current liabilities £12,526,544£14,569,886
Net assets £11,878,087£13,772,166
Equity £11,878,087£13,772,166
Average employees 106113
Wages £6,080,684£6,833,394
Directors' remuneration £1,049,712£1,202,647

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Net margin 51.3%52.0%
Current ratio 1.05x1.05x

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 1 time since incorporation

  1. SKIPTON BUSINESS FINANCE LIMITED 2001-06-12 → present
  2. INHOCO 2280 LIMITED 2001-03-02 → 2001-06-12

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements of the Company have been prepared on a going concern basis, which the Directors believe to be appropriate. After giving due consideration to Company forecasts and objectives which take into consideration the expected outlook for the business, including consideration of the UK's economic outlook and the ongoing conflicts in Russia/Ukraine and Israel/Palestine, the Directors are satisfied that the Company has adequate resources to continue in operational existence, particularly as the Company's ultimate parent undertaking, Skipton Building Society, has confirmed that it will continue to support the Company financially for twelve months from the date of approval of these financial statements.”

Group structure

  1. SKIPTON BUSINESS FINANCE LIMITED · parent
    1. Yorkshire Factors Limited 100% · UK · dormant Company limited by shares

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 26 resigned

Name Role Appointed Born Nationality
TRAVIS, David Roy Secretary 2023-04-24
BELL, Gregory Mark Director 2001-07-11 Jul 1969 British
BOWIE, Graham Director 2021-01-01 Jan 1979 British
LEWIS, Catherine Ellen Director 2026-01-01 Sep 1964 British
O'REGAN, Stephen Joseph Director 2022-10-01 Apr 1970 Irish
Show 26 resigned officers
Name Role Appointed Resigned
DAVIDSON, Gillian Mary Secretary 2006-10-01 2011-02-08
DAWSON, John William Secretary 2001-05-03 2006-09-30
GIBSON, John Joseph Secretary 2011-02-08 2023-04-24
A B & C SECRETARIAL LIMITED Corporate Nominee Secretary 2001-03-02 2001-05-03
CHAPMAN, Anthony James Director 2023-04-25 2026-01-30
CRADDOCK, Peter Martin Director 2006-01-01 2008-02-01
CRADDOCK, Peter Martin Director 2001-07-11 2002-02-28
CUTTER, David John Director 2006-01-01 2012-11-30
GOODFELLOW, John Graham Director 2001-05-03 2008-12-31
GOOLD, Craig Anthony Director 2019-05-01 2023-03-31
GRANTHAM, Andrew Paul Director 2010-01-18 2021-06-30
HILL, Andrew David Director 2014-11-26 2025-05-16
LEE, Robin Director 2001-07-11 2002-02-28
MCCORMICK, Ronald Joseph Director 2001-05-03 2005-12-31
NELSON, Andrew Walter Director 2014-04-07 2022-09-30
NIGHTINGALE, Fiona Wlizabeth Director 2014-11-26 2019-12-31
ROBINSON, Alexander Charles Director 2009-08-01 2019-04-30
SHEPHERD, Matthew James Director 2021-06-30 2026-01-30
THOMAS, David Director 2008-09-17 2009-06-15
TWIGG, Richard John Director 2010-01-18 2014-04-07
TWIGG, Richard John Director 2008-02-01 2009-09-30
WALKDEN, James Douglas Director 2001-07-11 2008-12-31
WALKER, Ralph Anthony Director 2001-05-03 2019-12-31
WOOD, Thomas Francis Director 2009-09-30 2010-01-18
WOOD, Thomas Francis Director 2009-09-29 2010-01-18
INHOCO FORMATIONS LIMITED Corporate Nominee Director 2001-03-02 2001-05-03

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Skipton Group Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 132 total filings

Date Type Category Description
2026-02-03 TM01 officers Termination director company with name termination date PDF
2026-02-03 TM01 officers Termination director company with name termination date PDF
2026-01-08 AP01 officers Appoint person director company with name date PDF
2025-08-28 AA accounts Accounts with accounts type full
2025-08-28 PARENT_ACC accounts Legacy
2025-08-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-16 TM01 officers Termination director company with name termination date PDF
2025-04-23 CS01 confirmation-statement Confirmation statement with updates PDF
2025-03-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-26 AA accounts Accounts with accounts type group
2024-03-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-30 AA accounts Accounts with accounts type full
2023-05-02 AP01 officers Appoint person director company with name date PDF
2023-05-02 TM02 officers Termination secretary company with name termination date PDF
2023-05-02 AP03 officers Appoint person secretary company with name date PDF
2023-03-31 TM01 officers Termination director company with name termination date PDF
2023-03-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-03 AP01 officers Appoint person director company with name date PDF
2022-10-03 TM01 officers Termination director company with name termination date PDF
2022-09-12 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page