RECLAIM FUND LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-03 (in 8mo)
Last made up 2025-12-20
Watchouts
None on the register
Cash
£438M
-19.7% vs 2024
Net assets
£570M
+2.5% vs 2024
Employees
18
+20% vs 2024
Profit before tax
£22M
-77.2% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £237,920,000 | £164,293,000 | |
| Profit before tax | £94,513,000 | £21,541,000 | |
| Net profit | £88,588,000 | £14,071,000 | |
| Cash | £545,922,000 | £438,478,000 | |
| Total assets less current liabilities | £730,000,000 | £756,759,000 | |
| Net assets | £556,025,000 | £570,096,000 | |
| Equity | £556,025,000 | £570,096,000 | |
| Average employees | 15 | 18 | |
| Wages | £960,000 | £1,424,000 | |
| Directors' remuneration | £542,500 | £510,000 |
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 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
-19.7%
£545,922,000 £438,478,000
-
Net assets
+2.5%
£556,025,000 £570,096,000
-
Employees
+20%
15 18
-
Operating profit
-30.9%
£237,920,000 £164,293,000
-
Profit before tax
-77.2%
£94,513,000 £21,541,000
-
Wages
+48.3%
£960,000 £1,424,000
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | 32.6% | 21.7% | |
| Gearing (liabilities / total assets) | 36.6% | 37.1% | |
| Current ratio | 3.71x | 2.93x | |
| Interest cover | 6645.81x | 16429.30x |
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
- RECLAIM FUND LTD 2010-09-09 → present
- ALNERY NO. 2935 LIMITED 2010-08-13 → 2010-09-09
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Comptroller and Auditor General
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above and noting the considerable cash headroom even under a reasonable stress event, the Directors believe that the Company will be able to meet liabilities as they fall due for a period of at least one year from the date of approval of the Financial Statements and therefore they consider it appropriate to prepare the Financial Statements on a going concern basis.”
Significant events
- “A distribution to TNLCF of £142.8m was approved by the Board on 9 July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELEMENTAL COMPANY SECRETARY LIMITED | Corporate Secretary | 2024-05-16 | — | — |
| BUTTIGIEG, Judith | Director | 2023-02-13 | Nov 1969 | British |
| KHAN, Rubaba | Director | 2025-09-01 | Mar 1985 | British |
| LEDLIE, Maxwell Colin | Director | 2025-02-24 | Mar 1966 | British |
| QUAID, Donal Patrick | Director | 2022-08-30 | Feb 1977 | Irish |
| SAEED, Saleh | Director | 2022-12-14 | Jan 1967 | British |
| SMITH, Adrian Paul | Director | 2010-11-16 | Apr 1969 | British |
| WATSON, Jennifer | Director | 2019-01-03 | Jan 1964 | British |
| WEISS, Lawrence Martin | Director | 2023-07-11 | Apr 1955 | British,American |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MOSS, Susan | Secretary | 2013-04-01 | 2013-12-20 |
| WADE, Patricia Anne | Secretary | 2013-12-20 | 2014-12-15 |
| WADE, Patricia Anne | Secretary | 2010-11-16 | 2013-04-01 |
| ALNERY INCORPORATIONS NO. 1 LIMITED | Corporate Secretary | 2010-08-13 | 2010-11-16 |
| VISTRA COMPANY SECRETARIES LIMITED | Corporate Secretary | 2014-12-15 | 2024-05-16 |
| ALDERSON, Keith Brian | Director | 2010-12-13 | 2013-06-04 |
| ANDERSON, David | Director | 2010-11-16 | 2014-02-14 |
| CHISNALL, Paul | Director | 2011-03-28 | 2019-07-11 |
| COLES, Adrian Michael | Director | 2011-03-28 | 2020-09-30 |
| FRANKLIN, Timothy Alan | Director | 2010-11-16 | 2011-11-30 |
| GARNER, Katherine Angela | Director | 2018-12-19 | 2024-12-19 |
| GORRIE, Jonathan James | Director | 2021-06-01 | 2022-07-06 |
| GOSLING, Clare Louise | Director | 2013-02-04 | 2014-03-28 |
| HANSON, Jane Carolyn | Director | 2011-10-07 | 2023-08-31 |
| HARDIE, James Alexander | Director | 2015-07-02 | 2022-07-01 |
| HOCKING, Zachary James | Director | 2013-02-04 | 2014-03-28 |
| HUGHES, John Richard | Director | 2010-11-16 | 2013-02-04 |
| KENDAL-WARD, Dominic Adam | Director | 2019-12-09 | 2021-03-30 |
| MACK, Christopher James | Director | 2011-12-22 | 2013-02-04 |
| MARTIN, Timothy Charles | Director | 2022-02-09 | 2024-03-30 |
| MILLS, Paul Andrew | Director | 2010-11-16 | 2012-06-30 |
| MORRIS, Craig Alexander James | Director | 2010-08-13 | 2010-11-16 |
| NEWTON, Robert | Director | 2010-12-13 | 2019-07-11 |
| SMITH, Glyn Michael | Director | 2015-02-04 | 2023-11-30 |
| SUMMERFIELD, Mark Andrew, Mr. | Director | 2015-04-24 | 2020-12-02 |
| VIETEN, Holger Randolph | Director | 2022-04-21 | 2025-08-31 |
| ALNERY INCORPORATIONS NO. 1 LIMITED | Corporate Director | 2010-08-13 | 2010-11-16 |
| ALNERY INCORPORATIONS NO. 2 LIMITED | Corporate Director | 2010-08-13 | 2010-11-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hm Treasury | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-30 | Active |
| Angel Square Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2018-11-02 | Ceased 2021-03-30 |
Filing timeline
Last 20 of 151 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-15 RESOLUTIONS Resolution
- 2024-05-15 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-28 | AA | accounts | Accounts with accounts type full | |
| 2025-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | CH01 | officers | Change person director company with change date | |
| 2025-01-02 | CH01 | officers | Change person director company with change date | |
| 2025-01-02 | CH01 | officers | Change person director company with change date | |
| 2024-12-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-05-22 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-05-22 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-15 | MA | incorporation | Memorandum articles | |
| 2024-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full |
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.