DAR RE FINANCE CO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-20 (in 5mo)
Last made up 2025-10-06
Watchouts
None on the register
Cash
£1M
-42.1% vs 2023
Net assets
-£61K
-18.2% lowest in 4 filed years
Employees
2
-33.3% lowest in 4 filed years
Profit before tax
-£13K
+60.7% highest in 4 filed years
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £2,524,780 | £63,535 | £199,374 | £16,800 | |
| Operating profit | -£15,587 | -£18,442 | -£32,369 | -£15,647 | |
| Profit before tax | -£15,587 | -£18,442 | -£31,928 | -£12,542 | |
| Net profit | — | — | -£20,753 | -£9,355 | |
| Cash | £61,733 | £11,728 | £1,743,089 | £1,009,744 | |
| Total assets less current liabilities | £55,329,940 | £80,517,050 | £99,948,723 | £99,939,368 | |
| Net assets | -£15,586 | -£30,524 | -£51,277 | -£60,632 | |
| Equity | -£15,586 | -£30,524 | -£51,277 | -£60,632 | |
| Average employees | 3 | 3 | 3 | 2 | |
| 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-91.6%
£199,374 £16,800
lowest in 4 filed years
-
Cash
-42.1%
£1,743,089 £1,009,744
-
Net assets
-18.2%
-£51,277 -£60,632
lowest in 4 filed years
-
Employees
-33.3%
3 2
lowest in 4 filed years
-
Operating profit
+51.7%
-£32,369 -£15,647
-
Profit before tax
+60.7%
-£31,928 -£12,542
highest in 4 filed years
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | -0.6% | -29.0% | -16.2% | -93.1% | |
| Net margin | — | — | -10.4% | -55.7% | |
| Return on capital employed | -0.0% | -0.0% | -0.0% | -0.0% | |
| Gearing (liabilities / total assets) | — | — | 100.1% | 100.1% | |
| Current ratio | — | — | 41.27x | 41.41x | |
| Interest cover | -0.01x | -0.01x | -0.01x | -0.01x |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors of the Company have prepared the financial statements on the going concern basis as they consider that the Company will have sufficient funding to enable it to meet its obligations for a period of at least 12 months from the date of approval of these financial statements. The Company has total net liabilities of £60,632 and a loss before tax of £12,542. The ultimate parent company has committed to provide financial support as is required to enable the Company to meet its financial obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The directors have concluded that there is no material uncertainty and that it is appropriate to adopt the going concern basis in preparing these financial statements.”
Significant events
- “The agreement enabled the Company to settle the development facility by issuing an equivalent balance under the investment facility, at the end of June 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABOUSHADI, Nader, Mr. | Director | 2020-10-22 | Jun 1979 | Egyptian |
| SALAAM, Teymour | Director | 2020-10-22 | Aug 1974 | Lebanese |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LOUDON, Andrew Alexander | Director | 2020-10-22 | 2024-06-30 |
Ownership
Persons with significant control
Filing timeline
Last 18 of 18 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-04 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | MA | incorporation | Memorandum articles | |
| 2025-10-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-15 | CH01 | officers | Change person director company with change date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-01-02 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-16 | AA01 | accounts | Change account reference date company previous extended | |
| 2021-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-01-04 | CH01 | officers | Change person director company with change date | |
| 2020-10-22 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.