TANDEM MONEY LIMITED
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Cash
£1.5B
-38.2% vs 2023
Net assets
£275M
+1.5% vs 2023
Employees
500
-1.4% vs 2023
Profit before tax
£17M
+267.6% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | £23,904,000 | £22,945,000 | -4% | |
| Profit before tax | £4,520,000 | £16,614,000 | +267.6% | |
| Net profit | — | — | — | |
| Cash | £2,421,938,000 | £1,497,095,000 | -38.2% | |
| Total assets less current liabilities | — | — | — | |
| Net assets | £271,110,000 | £275,198,000 | +1.5% | |
| Equity | £271,110,000 | £275,198,000 | +1.5% | |
| Average employees | 507 | 500 | -1.4% | |
| Wages | £26,834,000 | £28,261,000 | +5.3% | |
| Directors' remuneration | £1,406,000 | £1,659,000 | +18% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 93.3% | 91.5% |
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
- TANDEM MONEY LIMITED 2017-05-19 → present
- TANDEM BANK LIMITED 2015-12-08 → 2017-05-19
- RNM FINANCIAL LTD 2013-07-29 → 2015-12-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the appropriateness of adopting the going concern basis of accounting... have concluded that there is no material uncertainty... have a reasonable expectation that the Company and the Group will continue in operational existence for a period of at least twelve months from the signing of these Financial Statements.”
Group structure
- TANDEM MONEY LIMITED · parent
- Tandem Bank Limited 100%
- Oplo Holdings Ltd 100%
- Allium Lending Group Limited 100%
- Tandem Home Loans Limited 100%
- Former Oplo HIL Ltd 100%
- Tandem Mortgage Finance Limited 100%
- Tandem Personal Loans Limited 100%
- Tandem Capital PL (Ltd) 100%
- Oplo Group Ltd 100%
- Allium Money Limited 100%
- GDFC GoldCo Limited 100%
- GDFC Services PLC 100%
- Green Deal FinanceCompany Limited 100%
- (Former) Oplo 2021-1 (Holdings) Limited 100%
- Polo Funding 2021-1 PLC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MALIK, Marriam | Secretary | 2024-07-31 | — | — |
| CAREY, Patrick Hatfield, Mr | Director | 2024-03-28 | May 1983 | Irish |
| CHANDLER, Neil | Director | 2025-06-30 | Sep 1971 | British |
| GULAMHUSEINWALA, Imran | Director | 2024-05-30 | Aug 1974 | British |
| HEAPS, Ryan | Director | 2025-06-26 | Dec 1985 | British |
| JONES, Stephen | Director | 2026-01-06 | Jul 1964 | British |
| KORNITZER, Clive | Director | 2026-02-16 | Nov 1964 | British |
| MCCAIG, Malcolm Graham | Director | 2023-06-29 | May 1955 | British |
| POTTER, Matthew James Gary | Director | 2022-03-31 | Sep 1983 | British |
| WALLACE, Aileen | Director | 2023-11-01 | Dec 1970 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FIRTH, Kathryn Jane | Secretary | 2022-05-01 | 2022-09-16 |
| FORSHAW, Edward | Secretary | 2024-04-01 | 2024-05-30 |
| FREEMAN, Edward Charles | Secretary | 2018-10-22 | 2022-04-29 |
| HASTINGS-JONES, Ellen | Secretary | 2022-09-21 | 2024-03-31 |
| ALIKER, Susannah Louise | Director | 2021-06-04 | 2022-12-08 |
| AMATO, Michael Lester | Director | 2015-02-01 | 2020-12-31 |
| BERNSTRÖM, Andreas | Director | 2016-05-19 | 2017-03-31 |
| COOPER, Matthew Jonathan | Director | 2014-03-04 | 2020-12-31 |
| DOBSON, Matthew | Director | 2025-02-07 | 2025-06-30 |
| DONALDSON, Matthew Oliver | Director | 2022-03-31 | 2026-02-28 |
| FERREIRA, Talita | Director | 2021-04-26 | 2023-12-31 |
| FISHER, David | Director | 2020-12-17 | 2024-12-29 |
| HASSALL, Margaret Grace | Director | 2020-12-17 | 2023-02-01 |
| HERBERT, Peter Ronald | Director | 2015-04-01 | 2017-02-21 |
| HULME, Stephen Jon | Director | 2016-04-26 | 2017-12-14 |
| JACKSON, Heather Louise | Director | 2016-05-19 | 2018-10-28 |
| KENT, Michael | Director | 2014-03-04 | 2015-11-30 |
| KLIMBACHER, Michael | Director | 2018-01-10 | 2020-08-21 |
| KNOX, Eleanor Margaret Barbara, Mrs. | Director | 2013-07-29 | 2014-11-10 |
| KNOX, Frederick Samuel, Mr. | Director | 2014-03-04 | 2021-05-25 |
| LLEWELLYN-JONES, John Stephen | Director | 2015-12-16 | 2016-04-26 |
| MALTBY, John Neil | Director | 2015-09-01 | 2018-01-10 |
| MCCARTHY, David James | Director | 2023-02-23 | 2024-12-31 |
| MEYER, Michael | Director | 2015-06-22 | 2015-10-13 |
| MOLLART, Alexander John | Director | 2022-01-24 | 2025-06-30 |
| MURPHY, Anthony | Director | 2020-11-09 | 2023-02-13 |
| NIEUWKOOP, Jeroen | Director | 2021-05-26 | 2022-01-24 |
| PESTER, Paul David, Dr | Director | 2022-06-15 | 2026-03-01 |
| PRITCHARD, Jeffrey John | Director | 2018-01-10 | 2022-06-30 |
| ROGERSON, Simon Andrew | Director | 2014-12-01 | 2015-11-30 |
| SCOTT, James William | Director | 2020-08-21 | 2024-03-28 |
| TORPEY, David Gerard | Director | 2020-10-02 | 2023-12-31 |
| ZAGOROVSKIS, Jevgenijs | Director | 2018-01-10 | 2020-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pollen Street Plc | Corporate entity | Shares 50–75%, Voting 50–75% | 2023-12-06 | Ceased 2024-03-19 |
| Psc Nominee 4 Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2022-01-24 | Ceased 2023-12-06 |
| Qatar Holding Llc | Corporate entity | Shares 50–75%, Voting 25–50%, Appoints directors | 2018-01-10 | Ceased 2020-08-21 |
| Route 66 Investments Llc | Corporate entity | Voting 25–50% | 2016-04-06 | Ceased 2018-01-10 |
Filing timeline
Last 20 of 275 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-19 | SH01 | capital | Capital allotment shares | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-03 | CH01 | officers | Change person director company with change date | |
| 2025-10-31 | CH01 | officers | Change person director company with change date | |
| 2025-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | AA | accounts | Accounts with accounts type group | |
| 2025-05-27 | SH01 | capital | Capital allotment shares | |
| 2025-03-10 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 2
- 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.