SKIPTON BUSINESS FINANCE LIMITED
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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
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
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 106 | 113 | |
| 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
-
Turnover
+8.8%
£14,251,464 £15,498,887
-
Cash
—
Not reported
-
Net assets
+15.9%
£11,878,087 £13,772,166
-
Employees
+6.6%
106 113
-
Profit before tax
+12.4%
£9,574,143 £10,765,787
-
Wages
+12.4%
£6,080,684 £6,833,394
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 51.3% | 52.0% | |
| Current ratio | 1.05x | 1.05x |
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
- SKIPTON BUSINESS FINANCE LIMITED 2001-06-12 → present
- 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
- SKIPTON BUSINESS FINANCE LIMITED · parent
- Yorkshire Factors Limited 100%
Significant events
- “There have been no material subsequent events between 31 December 2024 and the approval of these Financial Statements.”
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 | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 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 | |
| 2025-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type group | |
| 2024-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-30 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-05-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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.