RENAISSANCE ASSET FINANCE LIMITED

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

• Turnover

  +53.7%

  £12,584,000 → £19,340,000

• Cash

  +39.8%

  £1,740,000 → £2,433,000

• Net assets

  +41.8%

  £10,005,000 → £14,185,000

• Employees

  +24.4%

  45 → 56

• Profit before tax

  +241.9%

  £1,631,000 → £5,576,000

• Wages

  +27.2%

  £3,340,000 → £4,249,000

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making appropriate enquiries which assessed strategy. incorne and expenditure, ongoing parental funding and risk managernent (see note 6). the Directors are satisfied that the Company has adequate resources to continue in operation for the period of at least 12 months from the signing date of these financial statements.”

Significant events

• “RAF made strong progress in 2024, with new asset finance business written by the company being at an all-time high. The business delivered strong balance sheet growth in 2024 with the loan book increasing by 25% in the year, finishing at £249.8m (2023: £200.6m). Deferred income has grown by 21% to £36m (2023: £29.7m) which underlines the positive balance sheet growth.”
• “In recent years there have been a number of global and domestic events which have had significant implications on the Company's operating environment, namely: Russia's war in the Ukraine, the Israel-Hamas war in Gaza, Coronavirus and Brexit.”
• “There were no events after the balance sheet date.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.