MORE 2 LIFE LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-25 (in 10mo)
Last made up 2026-03-11
Watchouts
None on the register
Cash
£3M
-31.6% vs 2023
Net assets
£16M
-1.2% vs 2023
Employees
159
+1.3% vs 2023
Profit before tax
-£398K
-104.2% vs 2023
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 | £67,189,000 | £46,127,000 | |
| Operating profit | £9,392,000 | -£448,000 | |
| Profit before tax | £9,490,000 | -£398,000 | |
| Net profit | £9,450,000 | -£195,000 | |
| Cash | £4,515,000 | £3,090,000 | |
| Total assets less current liabilities | £16,923,000 | £16,568,000 | |
| Net assets | £16,536,000 | £16,341,000 | |
| Equity | £16,536,000 | £16,341,000 | |
| Average employees | 157 | 159 | |
| Wages | £4,864,000 | £5,237,000 | |
| Directors' remuneration | — | — |
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
-31.3%
£67,189,000 £46,127,000
-
Cash
-31.6%
£4,515,000 £3,090,000
-
Net assets
-1.2%
£16,536,000 £16,341,000
-
Employees
+1.3%
157 159
-
Operating profit
-104.8%
£9,392,000 -£448,000
-
Profit before tax
-104.2%
£9,490,000 -£398,000
-
Wages
+7.7%
£4,864,000 £5,237,000
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 14.0% | -1.0% | |
| Net margin | 14.1% | -0.4% | |
| Return on capital employed | 55.5% | -2.7% | |
| Gearing (liabilities / total assets) | 19.9% | 23.4% | |
| Current ratio | 3.66x | 3.07x | |
| Interest cover | 9392.00x | -149.33x |
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 2 times since incorporation
- MORE 2 LIFE LTD 2007-02-22 → present
- MORE2LIFE LTD 2006-11-27 → 2007-02-22
- SENIOR HOME LOANS LIMITED 2005-03-11 → 2006-11-27
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis as the Directors have a reasonable expectation that the Company has adequate resources for a period of at least 12 months from the date of signing the financial statements.”
Significant events
- “The announcement of the UK General Election in the summer of 2024, coupled with the anticipated tough Chancellor's Budget in the autumn, followed by the US Presidential Election led customers to defer their decisions on extracting equity from their homes.”
- “In January 2024, we launched our exciting and innovative later life lending products which cater for a cohort of customers able to serve some interest and receive a lower cost of borrowing as a result.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCHER, Lukas Martin | Director | 2018-09-26 | Nov 1976 | Swiss |
| DEAKIN, Andrew David | Director | 2018-09-26 | Mar 1973 | British |
| GROVES, Stephen James | Director | 2018-09-26 | Jan 1975 | British |
| HARRIS, David Michael | Director | 2013-09-18 | Mar 1967 | British |
| KENNEDY, Jane Anne | Director | 2024-07-08 | Feb 1963 | British |
| PERKIN, James Tristan | Director | 2026-01-28 | Sep 1980 | British |
| THOMPSON, Simon Christopher | Director | 2014-03-11 | Nov 1972 | British |
| YOUNG, David Thomas Mcaree | Director | 2018-09-26 | Jun 1961 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORNWALL, Steven Craig | Secretary | 2005-03-14 | 2006-08-12 |
| EVANS, Grant Dudley | Secretary | 2006-10-03 | 2007-04-25 |
| KILGALLON, Stephen Anthony | Secretary | 2007-04-25 | 2017-08-29 |
| WILSON, Paul Ernest Howard | Secretary | 2006-08-12 | 2006-10-02 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2005-03-11 | 2005-03-14 |
| CLARK, James Roy | Director | 2006-02-01 | 2013-08-21 |
| CORNWALL, Steven Craig | Director | 2005-03-14 | 2006-02-01 |
| DREW, Simon Richard | Director | 2021-07-26 | 2025-07-31 |
| KING, Jonathan Peter | Director | 2010-10-22 | 2013-09-13 |
| MIRFIN, Dean Russell | Director | 2013-09-13 | 2014-02-10 |
| MIRFIN, Dean Russell | Director | 2006-02-01 | 2006-09-08 |
| OVERSON, Richard John | Director | 2006-02-01 | 2006-09-08 |
| SCOTT, Robert James | Director | 2017-07-18 | 2021-03-31 |
| TAYLOR, Colin | Director | 2005-03-14 | 2017-08-03 |
| WILSON, Paul Ernest Howard | Director | 2005-03-14 | 2012-03-06 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2005-03-11 | 2005-03-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Krs Finance Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-02 | CH01 | officers | Change person director company with change date | |
| 2022-11-02 | CH01 | officers | Change person director company with change date | |
| 2022-09-12 | AA | accounts | Accounts with accounts type full | |
| 2022-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-08-23 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-19 | TM01 | officers | Termination director company with name termination date | |
| 2021-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.