ASSET FINANCE 1 CLASS B NOTE ISSUECO PLC
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2026-11-18 (in 6mo)
Last made up 2025-11-04
Watchouts
Cash
£17K
-22.7% vs 2022
Net assets
£61K
+2.6% vs 2022
Employees
—
Average over period
Profit before tax
£2K
0% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £647,896 | £1,137,646 | |
| Operating profit | £2,000 | £2,000 | |
| Profit before tax | £2,000 | £2,000 | |
| Net profit | £1,620 | £1,530 | |
| Cash | £22,596 | £17,456 | |
| Total assets less current liabilities | £16,099,399 | £23,550,722 | |
| Net assets | £59,715 | £61,245 | |
| Equity | £59,715 | £61,245 | |
| 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. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+75.6%
£647,896 £1,137,646
-
Cash
-22.7%
£22,596 £17,456
-
Net assets
+2.6%
£59,715 £61,245
-
Employees
—
Not reported
-
Operating profit
0%
£2,000 £2,000
-
Profit before tax
0%
£2,000 £2,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | 0.3% | 0.2% | |
| Net margin | 0.3% | 0.1% | |
| Return on capital employed | 0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 99.7% | 99.8% | |
| Current ratio | 1.02x | 1.01x | |
| Interest cover | 0.00x | 0.00x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- FLB Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the accounts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (LONDON) LIMITED | Corporate Secretary | 2016-11-15 | — | — |
| WIDMER, Christoph Matthias | Director | 2017-01-10 | Jan 1967 | Swiss |
| ASSET FINANCE PARTNERS GROUP LIMITED | Corporate Director | 2018-10-23 | — | — |
| CSC DIRECTORS (NO.3) LIMITED | Corporate Director | 2016-11-15 | — | — |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABRAHAMS, Susan Iris | Director | 2016-11-15 | 2017-01-10 |
| ASSET FINANCE PARTNERS LIMITED | Corporate Director | 2017-01-10 | 2018-10-23 |
| INTERTRUST DIRECTORS 2 LIMITED | Corporate Director | 2016-11-15 | 2017-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Asset Finance 1 Class B Note Issueco Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-15 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-11-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-17 | CH02 | officers | Change corporate director company with change date | |
| 2025-11-17 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-16 | CH02 | officers | Change corporate director company with change date | |
| 2024-12-12 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-12-06 | AA | accounts | Accounts with accounts type full | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AA | accounts | Accounts with accounts type full | |
| 2021-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-01-05 | AA | accounts | Accounts with accounts type full | |
| 2020-11-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.