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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-21 (this month)

Last made up 2025-05-07

Watchouts

None on the register

Cash

£37M

-1.5% vs 2023

Net assets

-£46M

-30.2% vs 2023

Employees

153

+2% vs 2023

Profit before tax

-£16M

+29.5% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £76,880,287£68,398,226
Operating profit £18,987,177£24,402,162
Profit before tax -£22,993,248-£16,220,217
Net profit -£21,010,705-£13,920,977
Cash £37,084,305£36,539,006
Total assets less current liabilities £473,097,540£405,032,131
Net assets -£35,422,960-£46,133,018
Equity -£35,422,960-£46,133,018
Average employees 150153
Wages £10,296,253£10,201,739
Directors' remuneration £2,175,508£2,995,164

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

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 2023-12-312024-12-31
Operating margin 24.7%35.7%
Net margin -27.3%-20.4%
Return on capital employed 4.0%6.0%
Gearing (liabilities / total assets) 107.3%110.0%
Current ratio 31.52x7.61x
Interest cover 0.44x0.57x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis as the Directors are satisfied that the Company has adequate resources to continue in business for the foreseeable future.”

Group structure

  1. WHITE OAK EUROPE, LTD · parent
    1. LDI Operations Limited 100% · United Kingdom · Service company
    2. LDF Finance No.1 Limited 100% · United Kingdom · Funder to commercial counterparties
    3. LDF Finance No.2 Limited 100% · United Kingdom · Funder to commercial counterparties
    4. LDF Group Finance Limited 100% · United Kingdom · Intermediary company
    5. LDF OPS Limited 100% · United Kingdom · Finance broker
    6. LDF Finance No.3 Limited 100% · United Kingdom · Funder to commercial counterparties
    7. White Oak UK No.4 Limited 100% · United Kingdom · Funder to commercial counterparties
    8. White Oak UK No.5 Limited 100% · United Kingdom · Funder to commercial counterparties
    9. White Oak UK No.5 (Blue) Limited 100% · United Kingdom · Securitisation company (Special Purpose Vehicle)
    10. White Oak NO 6 Limited 100% · United Kingdom · Funder to commercial counterparties
    11. LDF Group Holdco Limited 100% · United Kingdom · Holding company
    12. White Oak Europe Acquisition Limited 100% · United Kingdom · Intermediary company
    13. LDF Finance No.3 DD Limited 100% · United Kingdom · Securitisation company (Special Purpose Vehicle)
    14. White Oak Europe ABL Limited 100% · United Kingdom · Funder to commercial counterparties

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

People

3 active · 4 resigned

Name Role Appointed Born Nationality
BERRY, Kevin Director 2022-03-11 Aug 1991 American
HAKKAK, Andre Director 2016-05-07 Jan 1973 American
OTTE, Thomas Director 2016-05-07 May 1955 American
Show 4 resigned officers
Name Role Appointed Resigned
ALTIERI, Diane Secretary 2016-08-23 2022-11-15
MCKEE, Barbara Director 2019-01-10 2024-12-31
MCKEE, Barbara Director 2016-05-07 2018-04-05
MOZAFFARIAN, Darius Joseph Director 2018-04-05 2020-01-06

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 74 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-12-19 RESOLUTIONS Resolution
  • 2024-10-09 RESOLUTIONS Resolution
Date Type Category Description
2025-09-26 AA accounts Accounts with accounts type group
2025-06-09 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-12 MORT MISC mortgage Mortgage miscellaneous
2025-01-10 TM01 officers Termination director company with name termination date PDF
2024-12-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-19 SH20 capital Legacy
2024-12-19 SH19 capital Capital statement capital company with date currency figure
2024-12-19 CAP-SS insolvency Legacy
2024-12-19 RESOLUTIONS resolution Resolution
2024-11-22 SH01 capital Capital allotment shares PDF
2024-10-09 SH19 capital Capital statement capital company with date currency figure
2024-10-09 SH20 capital Legacy
2024-10-09 CAP-SS insolvency Legacy
2024-10-09 RESOLUTIONS resolution Resolution
2024-09-17 SH01 capital Capital allotment shares PDF
2024-08-16 MR01 mortgage Mortgage create with deed with charge number charge creation date
2024-07-19 SH01 capital Capital allotment shares PDF
2024-06-25 AA accounts Accounts with accounts type group
2024-06-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-07 MR05 mortgage Mortgage charge part release with charge number

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
7

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page