AFFIRMATIVE FINANCE LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2027-02-27 (in 9mo)
Last made up 2026-02-13
Watchouts
None on the register
Cash
£3M
-2.2% vs 2024
Net assets
£15M
-7.5% vs 2024
Employees
21
0% vs 2024
Profit before tax
£758K
-54.8% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £7,846,447 | £7,453,113 | |
| Operating profit | £3,741,128 | £2,460,711 | |
| Profit before tax | £1,674,364 | £757,622 | |
| Net profit | £1,254,909 | £566,263 | |
| Cash | £2,598,813 | £2,541,551 | |
| Total assets less current liabilities | £16,699,717 | £15,444,512 | |
| Net assets | £16,688,478 | £15,434,669 | |
| Equity | £16,688,478 | £15,434,669 | |
| Average employees | 21 | 21 | |
| Wages | £2,208,159 | £2,373,488 | |
| Directors' remuneration | £869,312 | £963,100 |
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 2025-07-31 vs 2024-07-31
-
Turnover
-5%
£7,846,447 £7,453,113
-
Cash
-2.2%
£2,598,813 £2,541,551
-
Net assets
-7.5%
£16,688,478 £15,434,669
-
Employees
0%
21 21
-
Operating profit
-34.2%
£3,741,128 £2,460,711
-
Profit before tax
-54.8%
£1,674,364 £757,622
-
Wages
+7.5%
£2,208,159 £2,373,488
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 47.7% | 33.0% | |
| Net margin | 16.0% | 7.6% | |
| Return on capital employed | 22.4% | 15.9% | |
| Current ratio | 1.61x | 1.61x | |
| Interest cover | 1.50x | 1.23x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the company and the Group have adequate resources to continue in operational existence for a period of at least twelve months from the date of signing these financial statements. This is supported by a renewal of the Group's existing secured loan facility during the financial year. Thus they continue to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- AFFIRMATIVE FINANCE LIMITED · parent
- Sprint Loans Limited 100%
Significant events
- “The Loan Book at the end of the financial year was 1.5% lower than the previous year with the Group's annual turnover remaining strong.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEDERBERG, Gary Scott | Secretary | 2004-03-01 | — | British |
| ESTERKIN, Eugene Barry | Director | 2004-03-01 | Nov 1958 | British |
| LEDERBERG, Gary Scott | Director | 2004-03-01 | Apr 1972 | British |
| MITCHELL, Paul Edward | Director | 2006-12-19 | Dec 1976 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 2004-02-13 | 2004-03-01 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 2004-02-13 | 2004-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Sara Dorn Esterkin | Individual | Shares 25–50%, Voting 25–50% | 2020-11-02 | Active |
| Lord David Alliance | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-11-02 |
| Mr Eugene Barry Esterkin | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 110 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-11-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | AA | accounts | Accounts with accounts type group | |
| 2026-02-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-22 | AA | accounts | Accounts with accounts type group | |
| 2025-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-18 | AA | accounts | Accounts with accounts type group | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-25 | AA | accounts | Accounts with accounts type group | |
| 2023-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | AA | accounts | Accounts with accounts type group | |
| 2022-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-26 | AA | accounts | Accounts with accounts type group | |
| 2021-02-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-11-12 | SH20 | capital | Legacy | |
| 2020-11-12 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2020-11-12 | CAP-SS | insolvency | Legacy | |
| 2020-11-12 | RESOLUTIONS | resolution | Resolution | |
| 2020-11-02 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.