ASSET LINK CAPITAL (NO. 10) LIMITED
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Cash
£10M
+1,049.3% highest in 3 filed years
Net assets
-£39K
0% vs 2024
Employees
—
Average over period
Profit before tax
£1K
0% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £10,000 | £1,000 | -90% | |
| Operating profit | -£40,000 | £1,000 | — | — | |
| Profit before tax | -£40,000 | £1,000 | £1,000 | 0% | |
| Net profit | -£40,000 | £1,000 | £1,000 | 0% | |
| Cash | £8,009,000 | £870,000 | £9,999,000 | +1,049.3% | |
| Total assets less current liabilities | — | -£39,000 | -£39,000 | 0% | |
| Net assets | -£40,000 | -£39,000 | -£39,000 | 0% | |
| Equity | -£40,000 | -£39,000 | -£39,000 | 0% | |
| Average employees | 0 | 0 | — | — | |
| 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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 10.0% | — | |
| Net margin | — | 10.0% | 100.0% | |
| Current ratio | 1.00x | 0.96x | 1.00x |
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
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the support of the Company's parent, LC Asset 2 S.à r.l. ("LC2"). Support from LC2 is deemed to be required since the Company has net liabilities at the end of the financial year. The support from LC2 will enable the Company to meet its obligations as they fall due for at least 12 months from the date of signing of these financial statements.”
Significant events
- “During the year ended 31 December 2025, the Company entered into an Intercompany Agreement with LC Asset 2 S.A.R.L. (the "Parent"). Under this agreement, the Company received an interest free loan from the Parent for £73,992,676. The Company used the proceeds of the interest free loan to acquire portfolios of equipment leases and rental agreements and subsequently transferred the beneficial ownership of the assets to the Parent via Deed of Beneficial Interest Transfer ("Declaration of Trust").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURDELL, Selina Lee | Director | 2022-07-08 | May 1969 | British |
| CLOAKE, Adrian Richard | Director | 2022-07-08 | Mar 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lc Asset 2 Sarl | Corporate entity | Shares 75–100% | 2022-07-08 | Ceased 2022-07-08 |
| Mrs Selina Lee Burdell | Individual | Significant influence | 2022-07-08 | Ceased 2022-07-08 |
| Selina Burdell | Legal person | Significant influence, Significant influence (as firm) | 2022-07-08 | Active |
| Adrian Cloake | Legal person | Significant influence, Significant influence (as firm) | 2022-07-08 | Active |
Filing timeline
Last 18 of 18 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-10-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-16 | AA | accounts | Accounts with accounts type full | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-27 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-27 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-02-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-02-08 | AA01 | accounts | Change account reference date company current extended | |
| 2022-09-26 | RPCH01 | miscellaneous | Legacy | |
| 2022-07-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-07-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-07-18 | CH01 | officers | Change person director company with change date | |
| 2022-07-18 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-08 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-07-08 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.