ARBUTHNOT SPECIALIST FINANCE LIMITED

• ⚠

  Material uncertainty over going concern

  The Company's parent undertaking, Arbuthnot Latham and Co., Limited announced on 11 January 2023, that following a strategic review of the business, the management of Arbuthnot Latham has taken the decision to exit the short-term specialist lending market and as a result, the Company is closed to new business. The existing loan book will be managed down. The Parent will provide funding to ensure ASFL can meet financial obligations as they fall due. Therefore, the Company's financial statements for the financial year ended 31 December 2024 have been prepared on a basis other than going concern.

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -55%

  £80,000 → £36,000

• Employees

  0%

  1 → 1

• Operating profit

  -94.5%

  £769,000 → £42,000

• Profit before tax

  +93.7%

  -£697,000 → -£44,000

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

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.

1. ARBUTHNOT SPECIALIST FINANCE LIMITED 2018-05-22 → present
2. ARBUTHNOT LATHAM (NO. 1) LIMITED 2018-04-11 → 2018-05-22
3. EDEN FINANCIAL SERVICES LIMITED 2018-01-31 → 2018-04-11
4. AGHOCO 1636 LIMITED 2017-12-08 → 2018-01-31

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Audit opinion

Unaudited (audit-exempt)

Going concern

Material uncertainty disclosed

“The Company's parent undertaking, Arbuthnot Latham and Co., Limited announced on 11 January 2023, that following a strategic review of the business, the management of Arbuthnot Latham has taken the decision to exit the short-term specialist lending market and as a result, the Company is closed to new business. The existing loan book will be managed down. The Parent will provide funding to ensure ASFL can meet financial obligations as they fall due. Therefore, the Company's financial statements for the financial year ended 31 December 2024 have been prepared on a basis other than going concern.”

Significant events

• “A decision to exit the market was communicated on the 11 January 2023 and ASFL is now closed for new business. As part of the business wind-down, the company is finalising collection of the outstanding financing.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.