SELINA FINANCE LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -21.6%

  £11,995,975 → £9,404,718

• Cash

  +27.4%

  £5,084,461 → £6,475,530

• Net assets

  -85.7%

  £15,123,031 → £2,167,310

  first positive since 2019

• Employees

  -4.9%

  81 → 77

• Operating profit

  +17.4%

  -£16,088,585 → -£13,289,451

• Profit before tax

  +17%

  -£16,152,292 → -£13,402,931

• Wages

  -2.8%

  £5,303,927 → £5,154,651

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Successfully transitioning to a forward flow funding model, reducing financial risk and ensuring greater liquidity certainty.”
• “Completing the sale of the Company's loan portfolio as part of its transition to a balance sheet light model.”
• “Restructuring into a single-entity structure, removing the previous group status, and streamlining governance and reporting processes.”
• “Achieving B-Corp status, demonstrating our ongoing commitment to our employees, our customers and the planet.”
• “On 12 February 2024, the company sold the loan portfolio held within Selina HELOC I Limited to an independent third party. From this date, the company no longer exercised control over the SPV and there was no further activity within the entity. Selina HELOC I Limited was formally dissolved on 21 December 2024.”

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

Filings

20

last 12 months

Capital events

16

last 24 months

Officers appointed

1

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.