STONEWATER FUNDING PLC
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Cash
£63k
-35.1% lowest in 3 filed years
Net assets
£55k
-19.1% vs 2025
Employees
—
Average over period
Profit before tax
£10k
-44.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £22,252,000 | £22,247,000 | £22,224,000 | -0.1% | |
| Operating profit | £22,101,000 | £22,059,000 | £22,021,000 | -0.2% | |
| Profit before tax | £25,000 | £18,000 | £10,000 | -44.4% | |
| Net profit | £25,000 | £18,000 | £10,000 | -44.4% | |
| Cash | £100,000 | £97,000 | £63,000 | -35.1% | |
| Total assets less current liabilities | — | £746,494,000 | £746,302,000 | 0% | |
| Net assets | £54,000 | £68,000 | £55,000 | -19.1% | |
| Equity | £54,000 | £68,000 | £55,000 | -19.1% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| 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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 99.3% | 99.2% | 99.1% | |
| Net margin | 0.1% | 0.1% | 0.0% | |
| Return on capital employed | — | 3.0% | 3.0% | |
| Gearing (liabilities / total assets) | — | 100.0% | 100.0% | |
| Current ratio | 0.81x | — | — | |
| Interest cover | 1.00x | 1.00x | 1.00x |
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 1 time since incorporation
- STONEWATER FUNDING PLC 2014-12-22 → present
- RAGLAN FINANCE PLC 2012-08-24 → 2014-12-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has prepared cash flow forecasts covering a period of 12 months from the date of approval of these financial statements. At a Group level, the Board believes that there is no material uncertainty that would cast doubt on the Group's ability to continue as a going concern...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHEIKH, Syka | Secretary | 2026-07-01 | — | — |
| LAYZELL, Jonathan James | Director | 2025-07-30 | Jan 1979 | British |
| RIPLEY, David John | Director | 2026-04-30 | Sep 1981 | British |
| SHAH, Hursh | Director | 2022-10-01 | Oct 1976 | Indian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGUS, Natalie | Secretary | 2025-08-18 | 2026-03-16 |
| HARLING, Anne Louise | Secretary | 2012-08-24 | 2025-08-18 |
| MCGHIN, Adam | Secretary | 2026-03-16 | 2026-06-30 |
| BLUNDEN, George Patrick | Director | 2012-08-24 | 2019-09-30 |
| BRUTON, John Philip | Director | 2012-09-04 | 2021-12-22 |
| COSTAIN, Beverley Anne | Director | 2021-12-22 | 2026-03-23 |
| EDIS, Christopher James Kotecha | Director | 2020-07-01 | 2025-12-31 |
| FIELD, David Andrew | Director | 2012-08-24 | 2016-03-31 |
| HAMMOND, Peter John | Director | 2014-12-03 | 2020-04-01 |
| HARRIS, Nicholas | Director | 2014-03-04 | 2025-07-30 |
| KAZI, Tariq | Director | 2018-03-13 | 2022-10-01 |
| SHIELDS, Hugh Cameron | Director | 2020-07-01 | 2022-06-28 |
| WEGUELIN, John Richard Mclean | Director | 2012-09-04 | 2019-09-30 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 80 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-16 RESOLUTIONS Resolution
- 2025-04-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type full | |
| 2026-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-11-07 | AUD | auditors | Auditors resignation company | |
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-18 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-16 | MA | incorporation | Memorandum articles | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 4
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.