ALP FINANCIAL LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-02-13 (in 9mo)
Last made up 2026-01-30
Watchouts
Cash
£4M
USD 5,461,351
-1.5% vs 2024
Net assets
£1M
USD 1,883,603
-23.5% lowest in 4 filed years
Employees
5
-37.5% vs 2024
Profit before tax
-£432K
USD -578,000
+19.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £2,057,111 | £1,410,327 | |
| Operating profit | — | — | -£522,381 | -£461,753 | |
| Profit before tax | — | — | -£537,855 | -£432,085 | |
| Net profit | — | — | -£537,855 | -£432,085 | |
| Cash | — | — | £4,146,795 | £4,082,643 | |
| Total assets less current liabilities | £1,729,356 | £1,662,831 | £1,840,176 | £1,408,091 | |
| Net assets | £1,729,356 | £1,662,831 | £1,840,176 | £1,408,091 | |
| Equity | £1,729,356 | £1,662,831 | £1,840,176 | £1,408,091 | |
| Average employees | 4 | 4 | 8 | 5 | |
| Wages | — | — | £219,716 | £227,487 | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-31.4%
£2,057,111 £1,410,327
-
Cash
-1.5%
£4,146,795 £4,082,643
-
Net assets
-23.5%
£1,840,176 £1,408,091
lowest in 4 filed years
-
Employees
-37.5%
8 5
-
Operating profit
+11.6%
-£522,381 -£461,753
-
Profit before tax
+19.7%
-£537,855 -£432,085
-
Wages
+3.5%
£219,716 £227,487
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 | 2021-12-31 | 2022-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -25.4% | -32.7% | |
| Net margin | — | — | -26.1% | -30.6% | |
| Return on capital employed | — | — | -28.4% | -32.8% | |
| Current ratio | — | — | 1.75x | 1.52x | |
| Interest cover | — | — | -74625.86x | — |
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
- ALP FINANCIAL LIMITED 2018-10-31 → present
- TAHOE CONNECT LIMITED 2018-01-22 → 2018-10-31
- TAHOE GROUP INTERNATIONAL LIMITED 2016-12-09 → 2018-01-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KNAV Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“For the year ended 31 December 2025, the Company made a loss of $578,000 (2024: $719,488) but had net assets of $1,883,603 (2024: $2,461,603). The Company's parent undertaking has also confirmed its current intention to support the business financially for the foreseeable future and for no less than 12 months from the date of approval of these financial statements. Therefore, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “During the financial year, the Company undertook a strategic review of its business operations to enhance overall profitability and operational efficiency. Following this review, the Company reduced its exposure to certain institutional business activities, which had demonstrated limited commercial viability.”
- “Looking ahead, the Company will continue to focus on strengthening its core brokerage services and improving operational efficiency. The Company has initiated steps to apply for cryptoasset-related registration in the UK with the FCA, with the aim of expanding its service offering and client base.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAI, Si | Director | 2019-01-01 | Nov 1985 | Chinese |
| LING, Bin | Director | 2020-03-10 | May 1985 | Chinese |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HORNSTEIN, Daniel Leon | Director | 2018-03-15 | 2020-08-21 |
| LING, Bin, Director | Director | 2016-12-09 | 2019-01-01 |
| LIU, Yusi | Director | 2018-03-15 | 2019-05-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Bin Ling | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-09-02 | Active |
| Tantinet Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-15 | Ceased 2024-09-02 |
| Tantinet (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-01-30 | Ceased 2021-12-15 |
| Director Bin Ling | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-09 | Ceased 2018-01-30 |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | AA | accounts | Accounts with accounts type full | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-13 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-09 | AA | accounts | Accounts with accounts type full | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-02 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-09-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-22 | SH01 | capital | Capital allotment shares | |
| 2024-06-03 | AA | accounts | Accounts with accounts type full | |
| 2024-04-25 | AAMD | accounts | Accounts amended with accounts type full | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-09 | SH01 | capital | Capital allotment shares | |
| 2023-09-29 | AA | accounts | Accounts with accounts type micro entity | |
| 2023-04-22 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-02-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-24 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2021-12-21 | SH01 | capital | Capital allotment shares | |
| 2021-12-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- 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.