ASSETFINANCE MARCH (B) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-05-18 (in 1y)
Last made up 2026-05-04
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£730K
+42.4% vs 2024
Employees
0
Average over period
Profit before tax
£290K
+8.1% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £102,672 | £81,291 | |
| Operating profit | £267,781 | £289,550 | |
| Profit before tax | £267,781 | £289,550 | |
| Net profit | £201,128 | £217,248 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £512,699 | £729,947 | |
| Equity | £512,699 | £729,947 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-20.8%
£102,672 £81,291
-
Cash
—
Not reported
-
Net assets
+42.4%
£512,699 £729,947
-
Employees
—
Not reported
-
Operating profit
+8.1%
£267,781 £289,550
-
Profit before tax
+8.1%
£267,781 £289,550
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | 195.9% | — | |
| Gearing (liabilities / total assets) | 77.7% | 57.2% | |
| Interest cover | 3.09x | 6.74x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- ASSETFINANCE MARCH (B) LIMITED 1999-09-27 → present
- FORWARD TRUST NORTHERN IRELAND (A) LIMITED 1990-11-14 → 1999-09-27
- FORWARD TRUST (NORTHERN IRELAND) LIMITED 1969-04-29 → 1990-11-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company had total net current liabilities of £150,532 as at 31 March 2025 (2024: £917,280). A parent undertaking, HSBC Bank plc, will provide financial support to the Company such that the Company is able to operate as a going concern and to settle its liabilities as they fall due for a period of not less than 12 months from the date of signing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HSBC CORPORATE SECRETARY (UK) LIMITED | Corporate Secretary | 2022-12-16 | — | — |
| CROWLEY, Victoria Kathleen | Director | 2022-07-29 | Jun 1972 | British |
| KHELIL, Karim | Director | 2026-01-01 | Feb 1970 | British |
| UWAKWE, Okechukwu | Director | 2017-09-12 | Jun 1969 | Irish |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAYER, George William | Secretary | 2008-02-18 | 2008-09-12 |
| BHAMBHRA, Tony | Secretary | 2014-06-18 | 2015-01-05 |
| DEAN, Katherine | Secretary | 2013-07-24 | 2014-06-18 |
| GOSWAMI, Sulagna, Ms. | Secretary | 2020-10-22 | 2022-02-25 |
| GOTT, Sarah Caroline | Secretary | 2008-10-01 | 2011-12-01 |
| LEWIS, Romana | Secretary | 2015-07-06 | 2017-12-01 |
| MC QUILLAN, Pauline Louise | Secretary | 2006-05-08 | 2008-02-18 |
| NIVEN, Frances Julie | Secretary | 1969-04-29 | 2005-07-08 |
| PATWARY, Naveen, Mr. | Secretary | 2019-08-15 | 2020-10-21 |
| RANGER, Molly | Secretary | 2018-03-22 | 2019-08-15 |
| READ, Alice | Secretary | 2005-07-08 | 2006-05-08 |
| SHEPHERD, Hannah Elizabeth | Secretary | 2015-01-05 | 2015-07-06 |
| WOOD, Hollie Rheanna | Secretary | 2011-12-01 | 2013-07-24 |
| ANDERSON, Michael Connelly | Director | 2015-12-16 | 2017-03-22 |
| BARKER, Fiona Ann | Director | 2010-06-04 | 2013-06-21 |
| BENCARD, Robin Louis Henning | Director | 2005-03-14 | 2016-08-01 |
| CAVANNA, David John | Director | 2013-07-24 | 2015-12-31 |
| GILMAN, David William | Director | 1969-04-29 | 2002-12-30 |
| HOLMES, Timothy Victor | Director | 1969-04-29 | 2002-12-30 |
| IRVIN, Crispin Robert John | Director | 2017-03-22 | 2022-07-28 |
| KENNY, Mary Bridget | Director | 2007-06-29 | 2008-12-03 |
| KENT, John Richard | Director | 2012-12-06 | 2017-05-31 |
| LAWN, Gregory Martin, Mr. | Director | 2020-11-30 | 2022-05-13 |
| LONG, Simon Einar | Director | 2016-03-15 | 2020-10-01 |
| MAIRS, Brian Ross | Director | 1969-04-29 | 1999-05-31 |
| MEAD, David Harry | Director | 2004-03-31 | 2007-06-29 |
| OWEN-CONWAY, Gareth | Director | 2005-03-14 | 2019-12-06 |
| PICKEN, Graham Edward | Director | 1969-04-29 | 2002-12-30 |
| QUINN, Noel Paul | Director | 1969-04-29 | 2000-03-31 |
| RUSSELL, Cecil Harold | Director | 1969-04-29 | 2002-12-31 |
| SENIOR, Carl Thomas | Director | 2012-01-04 | 2012-06-19 |
| SINGLETON, Kevin Alan, Dr | Director | 2007-02-12 | 2011-11-30 |
| SMITHSON, Keith Victor | Director | 1969-04-29 | 1999-07-31 |
| SPENCER, Paul Jonathan | Director | 2008-12-30 | 2010-06-04 |
| STEIN, Wallace George William | Director | 1969-04-29 | 2000-03-31 |
| SUBRAMANIYAN, Jaya | Director | 2013-07-24 | 2020-12-01 |
| TANG, Rex Man-Hin | Director | 2022-07-29 | 2025-12-31 |
| TURNER, Desmond Richard | Director | 2004-03-31 | 2013-06-20 |
| WILKINSON, Nigel John Lewis | Director | 2004-03-31 | 2005-03-14 |
| FORWARD TRUST LIMITED | Corporate Director | 2002-12-30 | 2004-03-31 |
| GRIFFIN CREDIT SERVICES LIMITED | Corporate Director | 2002-12-30 | 2004-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hsbc Asset Finance (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-10-26 | Active |
Filing timeline
Last 20 of 264 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | CH01 | officers | Change person director company with change date | |
| 2024-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-03 | AA | accounts | Accounts with accounts type full | |
| 2022-12-16 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-12-22 | AA | accounts | Accounts with accounts type full | |
| 2021-11-26 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.