WEST ONE SECURED LOANS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-06 (in 9mo)
Last made up 2026-01-23
Watchouts
None on the register
Cash
£12M
+47.2% highest in 4 filed years
Net assets
£53M
+14.4% highest in 4 filed years
Employees
63
+31.3% highest in 4 filed years
Profit before tax
£12M
-1.5% vs 2023
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £56,093,465 | £71,044,427 | |
| Operating profit | — | — | — | — | £11,804,195 | £11,624,648 | |
| Profit before tax | — | £3,690,867 | — | £6,696,810 | £11,804,195 | £11,624,648 | |
| Net profit | — | £3,266,354 | — | £6,151,978 | £11,127,617 | £11,674,927 | |
| Cash | — | £10,632,723 | — | £2,994,982 | £8,384,876 | £12,343,504 | |
| Total assets less current liabilities | — | £493,796,905 | — | £741,574,490 | £843,333,094 | £1,177,633,259 | |
| Net assets | — | £28,914,655 | — | £35,066,633 | £46,194,250 | £52,869,177 | |
| Equity | £25,648,301 | £28,914,655 | £28,914,655 | £35,066,633 | £46,194,250 | £52,869,177 | |
| Average employees | — | 41 | — | 55 | 48 | 63 | |
| Wages | — | £2,082,939 | — | £2,522,012 | £2,783,236 | £3,008,153 | |
| Directors' remuneration | — | — | — | — | £0 | £0 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+26.7%
£56,093,465 £71,044,427
-
Cash
+47.2%
£8,384,876 £12,343,504
highest in 4 filed years
-
Net assets
+14.4%
£46,194,250 £52,869,177
highest in 4 filed years
-
Employees
+31.3%
48 63
highest in 4 filed years
-
Operating profit
-1.5%
£11,804,195 £11,624,648
-
Profit before tax
-1.5%
£11,804,195 £11,624,648
-
Wages
+8.1%
£2,783,236 £3,008,153
highest in 4 filed years
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 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 21.0% | 16.4% | |
| Net margin | — | — | — | — | 19.8% | 16.4% | |
| Return on capital employed | — | — | — | — | 1.4% | 1.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 94.9% | 95.6% | |
| Current ratio | — | — | — | — | 16.02x | 0.66x | |
| Interest cover | — | — | — | — | 0.37x | 0.26x |
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
- WEST ONE SECURED LOANS LIMITED 2016-09-27 → present
- AURA FINANCE (NO.2) LIMITED 2015-05-29 → 2016-09-27
- DE FACTO 2164 LIMITED 2015-02-05 → 2015-05-29
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Company has adequate resources to continue to operate as a going concern for a period of at least 12 months from the date of this report and have prepared the financial statements on that basis.”
Significant events
- “In March 2025, the Group completed its sixth public securitization, Elstree 2025-1 1st PLC, and the call back of Elstree Funding No. 2 PLC, securitising a portfolio of £318m of first charge mortgage loans originated by the Company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GESTETNER, Emily Henrietta | Director | 2015-05-28 | Apr 1967 | British |
| HOGG, Stephen Andrew | Director | 2019-10-11 | Feb 1982 | British |
| PRESTON, Mark | Director | 2023-04-03 | Feb 1960 | British |
| WATERS, Danny Stephen | Director | 2015-05-28 | Oct 1984 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHERSHUNOVYCH, Ihor | Director | 2015-02-05 | 2015-05-28 |
| STEWART, David | Director | 2018-07-06 | 2022-09-02 |
| TRAVERS SMITH LIMITED | Corporate Director | 2015-02-05 | 2015-05-28 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Director | 2015-02-05 | 2015-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| West One Secured Loans Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 49 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-04 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-03 | AA | accounts | Accounts with accounts type full | |
| 2022-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-07 | CH01 | officers | Change person director company with change date | |
| 2022-02-07 | CH01 | officers | Change person director company with change date | |
| 2022-02-07 | CH01 | officers | Change person director company with change date | |
| 2022-02-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-09-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-09-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-09-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-08-09 | AA | accounts | Accounts with accounts type small | |
| 2021-02-23 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.