PBAF ACQUISITIONS LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-10-05 (in 5mo)
Last made up 2025-09-21
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£41M
-0.7% vs 2024
Employees
0
Average over period
Profit before tax
-£416K
+61.3% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£1,074,000 | -£416,000 | |
| Profit before tax | -£1,074,000 | -£416,000 | |
| Net profit | -£806,000 | -£312,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £56,039,000 | £44,202,000 | |
| Net assets | £41,741,000 | £41,429,000 | |
| Equity | £41,741,000 | £41,429,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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 2025-09-30 vs 2024-09-30
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-0.7%
£41,741,000 £41,429,000
-
Employees
—
Not reported
-
Operating profit
+61.3%
-£1,074,000 -£416,000
-
Profit before tax
+61.3%
-£1,074,000 -£416,000
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Return on capital employed | -1.9% | -0.9% | |
| Gearing (liabilities / total assets) | 25.5% | 6.3% | |
| Interest cover | -0.30x | -1.45x |
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 5 times since incorporation — the current trading name was adopted 2026-04-15
- PBAF ACQUISITIONS LIMITED 2026-04-15 → present
- MTL RESIDENTIAL LIMITED 2026-03-27 → 2026-04-15
- PBAF ACQUISITIONS LIMITED 2017-01-09 → 2026-03-27
- PRINT FINANCE LIMITED 2010-09-16 → 2017-01-09
- PLUSRARE LIMITED 2002-12-04 → 2010-09-16
- SPECIALIST FLEET SERVICES LIMITED 2002-07-09 → 2002-12-04
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After considering the Company's position, the economic environment and the forecasts described above, the directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. This is further supported by the Group holding sufficient cash resources to support the Company's obligations as they fall due. For this reason, they continue to adopt the going concern basis in preparing the Financial Statements.”
Significant events
- “The longer-term results of the policies being adopted by the UK government elected in 2024, and the fiscal and economic measures announced in its October 2024 budget have yet to become clear, and there have been a number of significant leadership changes in major economies in the past twelve months which have the potential to impact on the global outlook.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLEN, Keith Graham | Director | 2017-04-28 | Jul 1972 | British |
| NEWCOMBE, David | Director | 2019-10-21 | Jun 1967 | British |
| PHILLIPOU, John Edward | Director | 2019-10-21 | May 1972 | British |
| WOODMAN, Richard James | Director | 2019-10-21 | May 1965 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Philip Geoffrey | Secretary | 2002-07-09 | 2015-04-21 |
| LACEY, Andrew | Secretary | 2015-04-21 | 2017-01-06 |
| SHARP, Pandora | Secretary | 2017-01-06 | 2020-06-01 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-07-09 | 2002-07-09 |
| DAVIES, Philip Geoffrey | Director | 2002-07-09 | 2016-06-03 |
| DOE, Richard John | Director | 2017-01-06 | 2019-09-30 |
| GENEEN, Samuel | Director | 2002-07-09 | 2014-09-30 |
| KIRK, Simon John | Director | 2009-09-21 | 2017-04-28 |
| SHELTON, Richard Dominic | Director | 2019-10-21 | 2021-02-03 |
| SMITHSON, Andrew Kinnear | Director | 2017-01-06 | 2020-07-06 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2002-07-09 | 2002-07-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Paragon Bank Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-09 | Active |
| Paragon Asset Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-09-09 |
Filing timeline
Last 20 of 95 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-03-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-03-10 | AA | accounts | Accounts with accounts type full | |
| 2026-01-26 | CH01 | officers | Change person director company with change date | |
| 2025-12-21 | MA | incorporation | Memorandum articles | |
| 2025-12-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-05 | AA | accounts | Accounts with accounts type full | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | AA | accounts | Accounts with accounts type full | |
| 2023-09-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-27 | AA | accounts | Accounts with accounts type full | |
| 2022-09-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-02-23 | AA | accounts | Accounts with accounts type full | |
| 2021-10-04 | SH01 | capital | Capital allotment shares | |
| 2021-10-04 | RESOLUTIONS | resolution | Resolution | |
| 2021-09-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-09-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-09-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-09-21 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.