CREDIT KARMA UK LIMITED
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Next accounts due
2027-04-30 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-10-07 (in 5mo)
Last made up 2025-09-23
Watchouts
None on the register
Cash
£44M
+7.3% vs 2024
Net assets
£45M
+16.7% vs 2024
Employees
65
-12.2% vs 2024
Profit before tax
£2M
+32.7% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £31,109,000 | £29,025,000 | |
| Operating profit | £1,338,000 | £1,349,000 | |
| Profit before tax | £1,685,000 | £2,236,000 | |
| Net profit | £377,000 | £1,916,000 | |
| Cash | £41,054,000 | £44,043,000 | |
| Total assets less current liabilities | £40,962,000 | £46,209,000 | |
| Net assets | £38,706,000 | £45,152,000 | |
| Equity | £38,706,000 | £45,152,000 | |
| Average employees | 74 | 65 | |
| Wages | £9,028,000 | £7,924,000 | |
| Directors' remuneration | £24,000 | £24,000 |
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 2025-07-31 vs 2024-07-31
-
Turnover
-6.7%
£31,109,000 £29,025,000
-
Cash
+7.3%
£41,054,000 £44,043,000
-
Net assets
+16.7%
£38,706,000 £45,152,000
-
Employees
-12.2%
74 65
-
Operating profit
+0.8%
£1,338,000 £1,349,000
-
Profit before tax
+32.7%
£1,685,000 £2,236,000
-
Wages
-12.2%
£9,028,000 £7,924,000
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 | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 4.3% | 4.6% | |
| Net margin | 1.2% | 6.6% | |
| Return on capital employed | 3.3% | 2.9% | |
| Current ratio | 4.95x | 7.76x | |
| Interest cover | 31.86x | 44.97x |
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
- CREDIT KARMA UK LIMITED 2019-04-12 → present
- CALLCREDIT CONSUMER LIMITED 2015-11-30 → 2019-04-12
- NODDLE LIMITED 2011-12-23 → 2015-11-30
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young, Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared forecasts for a period of 12 months from the date of approval of these financial statements which demonstrate the business is able to continue to trade for a period of 12 months from the date of approval based on its current funding and financial position. The directors have also made enquiries of our ultimate parent company, Intuit Inc., who have confirmed they expect to have the financial ability to support the Company for up to 12 months from the date of approval of these financial statements.”
Significant events
- “On 20 November 2025, following an Ordinary Resolution to capitalise the Company's reserve amount of £32,226,000 ("Other Reserves" on the Balance Sheet of the Company) and allot those fully paid up shares to the sole shareholder, Credit Karma, LLC, the Company passed the following special resolutions: To reduce its share capital by 32,226,000 ordinary shares of £1 in the capital of the Company; To reduce by £16,000,000 and cancel the share premium account; and To credit the Company's profit and loss account with a total of £48,226,000. The reduction was supported by a solvency statement from the directors and filed with the Registrar of Companies on 24 November 2025. The Company then paid a dividend to the sole shareholder of £35,000,000 on 15 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAZAROV, Dimitar Ivanov | Director | 2026-04-20 | May 1975 | British |
| MCGINLEY, James | Director | 2023-11-30 | Oct 1977 | American |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MUNRO, Robert Kenneth Campbell | Secretary | 2015-05-01 | 2019-03-28 |
| RICHARDS, Elizabeth Anne | Secretary | 2011-12-23 | 2015-04-30 |
| DEWEY, Jacqueline | Director | 2019-04-12 | 2019-07-26 |
| EL BABA, Mohamad Ziad | Director | 2020-06-01 | 2023-11-29 |
| FRIEDLANDER, Gary | Director | 2018-06-18 | 2019-04-12 |
| GILBERT, David | Director | 2018-06-18 | 2019-04-12 |
| GORDON, Michael Jon | Director | 2015-01-01 | 2019-03-28 |
| GRACIANO, Ryan Michael | Director | 2020-06-01 | 2025-07-07 |
| GREEN, Christopher David | Director | 2016-03-14 | 2018-02-14 |
| KNOX, Robert | Director | 2019-04-12 | 2020-02-21 |
| MCANDREW, John Francis | Director | 2012-01-13 | 2014-12-31 |
| MUNRO, Robert Kenneth Campbell | Director | 2015-05-01 | 2019-03-28 |
| MUSTARD, Nichole | Director | 2019-04-12 | 2023-11-29 |
| NATH, Akansha | Director | 2023-11-30 | 2026-05-09 |
| NEAL, Lawrence Patrick | Director | 2015-11-27 | 2018-06-18 |
| NEENAN, David | Director | 2018-06-18 | 2019-04-12 |
| POWERS-FREELING, Laurel | Director | 2015-11-27 | 2017-10-26 |
| RICHARDS, Elizabeth Anne | Director | 2011-12-23 | 2015-04-30 |
| RUTTER, Colin James | Director | 2016-07-05 | 2019-04-12 |
| SAHA, Satrajit | Director | 2018-06-18 | 2019-04-12 |
| SPENCE, John Andrew, Cllr | Director | 2015-11-27 | 2018-06-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Intuit Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-16 | Active |
| Credit Karma Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-12 | Ceased 2022-03-16 |
| Crown Acquisition Consumer Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2019-04-12 |
Filing timeline
Last 20 of 127 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-27 RESOLUTIONS Resolution
- 2025-11-24 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-30 | AA | accounts | Accounts with accounts type full | |
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-24 | SH01 | capital | Capital allotment shares | |
| 2025-11-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-11-24 | SH20 | capital | Legacy | |
| 2025-11-24 | CAP-SS | insolvency | Legacy | |
| 2025-11-24 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-22 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-29 | AA | accounts | Accounts with accounts type full | |
| 2023-12-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-03 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 2
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.