RIVERS FINANCE GROUP PLC

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

• Turnover

  +25.3%

  £4,058,622 → £5,083,847

• Cash

  -22.8%

  £518,283 → £400,050

• Net assets

  +5.1%

  £2,349,603 → £2,468,769

• Employees

  +6.7%

  15 → 16

• Operating profit

  +24%

  £1,987,986 → £2,465,401

• Profit before tax

  -35.4%

  £322,756 → £208,432

• Wages

  +18.9%

  £557,883 → £663,353

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

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.

1. RIVERS FINANCE GROUP PLC 2013-09-13 → present
2. RIVERS FINANCE GROUP LIMITED 2010-09-23 → 2013-09-13
3. RIVERS FINANCE LIMITED 2008-03-28 → 2010-09-23
4. FLINT EDGE LIMITED 2006-07-17 → 2008-03-28
5. GRAPHITE EDGE LIMITED 2006-03-22 → 2006-07-17
6. RIMAS ASSOCIATES LIMITED 2004-04-28 → 2006-03-22
7. LONDON PIE COMPANY LIMITED 2002-10-18 → 2004-04-28

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KLSA LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The group has a history of meeting all obligations when they fall due and strong lending and growth in the business ensure it is able to expand operations and continue with its impeccable debt service record. ... The financial statements are therefore prepared on a going concern basis.”

Group structure

1. RIVERS FINANCE GROUP PLC · parent
   1. Rivers SPV Limited 100% · England and Wales · Equipment leasing company
   2. Rivers Funding Limited 100% · England and Wales · Finance company
   3. Rivers Finance Limited 100% · England and Wales · Finance company
   4. Rivers Leasing PLC 100% · England and Wales · Equipment leasing company
   5. Rivers SPV2 Limited 100% · England and Wales · Finance company

Significant events

• “The Directors have successfully increased facilities from existing bank furiding lines and are currently in the process of adding new facilities to suppor: its future growth in lending.”
• “investment in IT systems to digitalise the business at this stage are now nearly complete while the refurbished offices are completed.”
• “Customers payment performance has returned to normalised levels, the group has been successful in the year of recovering £679,749 (2024: £331,484) of previously written off bad debt.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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