EQUIFINANCE CAPITAL 1 LIMITED

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

  +77.8%

  £3,855,606 → £6,853,663

• Net assets

  -2.4%

  -£2,609,942 → -£2,671,440

• Employees

  —

  Not reported

• Operating profit

  +97.7%

  -£2,611,902 → -£61,096

• Profit before tax

  +97.7%

  -£2,611,902 → -£61,096

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. Although there are considerable uncertainties surrounding the UK economy, the directors consider that the Company will continue to trade for the foreseeable future by meeting its liabilities as they fall due. See note 1 under accounting policies for a more detailed explanation. The Group has significant funding facilities in place to support the ongoing growth objectives of the business. In the event of a significant external adverse event, the Group could elect to reduce originations and focus on collecting from its existing loan book to preserve liquidity. Forecasts have been prepared under a range of scenarios which demonstrate the Group has adequate resources to continue to trade for at least 12 months from the date of signing this report. Accordingly, the directors consider it appropriate to continue adopting the going concern basis in preparing its financial statements.”

Significant events

• “On 26 September 2023, the maturity date of the Notes was extended to 26 September 2026.”
• “On the 16 April 2024 the sale of assets of £259,910,750 took place for the Public Securitisation of East One 2024-1 Plc.”
• “On the 16 April 2025 the Loan Note Facility Agreement was amended and restated to replace the Class B Noteholder from Avenue to Castlelake. The maturity date was extended to April 2028.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.