TESCO PERSONAL FINANCE LIMITED
Operating as a subsidiary of the Tesco group, the company provides retail financial services including insurance, ATMs, travel money, and gift cards, having recently transferred its core banking operations to Barclays.
Get an alert when TESCO PERSONAL FINANCE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£160M
+26.6% vs 2025
Net assets
£510M
-37.9% lowest in 3 filed years
Employees
986
-62.5% lowest in 3 filed years
Profit before tax
£38M
-54.2% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £280,300,000 | £249,300,000 | -11.1% | |
| Operating profit | — | £17,400,000 | -£5,700,000 | -132.8% | |
| Profit before tax | £50,800,000 | £83,600,000 | £38,300,000 | -54.2% | |
| Net profit | — | — | £38,600,000 | — | |
| Cash | £440,200,000 | £126,600,000 | £160,300,000 | +26.6% | |
| Total assets less current liabilities | — | £828,700,000 | £515,900,000 | -37.7% | |
| Net assets | £1,104,300,000 | £821,900,000 | £510,100,000 | -37.9% | |
| Equity | £1,104,300,000 | £821,900,000 | £510,100,000 | -37.9% | |
| Average employees | 3,182 | 2,632 | 986 | -62.5% | |
| Wages | £30,600,000 | £48,900,000 | £38,700,000 | -20.9% | |
| Directors' remuneration | £8,000,000 | £9,700,000 | — | — |
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 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | — | 6.2% | -2.3% | |
| Net margin | — | — | 15.5% | |
| Return on capital employed | — | 2.1% | -1.1% | |
| Gearing (liabilities / total assets) | 88.7% | 15.1% | 20.7% | |
| Interest cover | — | 0.40x | -28.50x |
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.
Name history
Renamed 3 times since incorporation — the current trading name was adopted 2024-12-06
- TESCO PERSONAL FINANCE LIMITED 2024-12-06 → present
- TESCO PERSONAL FINANCE PLC 2008-12-22 → 2024-12-06
- TESCO PERSONAL FINANCE LIMITED 1997-04-25 → 2008-12-22
- ROBOSCOT (27) LIMITED 1997-03-05 → 1997-04-25
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider that the Company has adequate resources to remain in operation for at least twelve months from the date of approval of these Financial Statements and have therefore continued to adopt the going concern basis in preparing the Financial Statements. The Company has no reliance on external funding sources, holds capital significantly in excess of the minimum regulatory requirement and is forecast to do so throughout the going concern assessment period.”
Significant events
- “After the year end date of 28 February 2026, there was an escalation of conflict in the Middle East. As the Company operates solely within the UK and has no direct exposure to the affected regions, this event does not impact the amounts recognised in these Financial Statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 75 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STIVEY, Gail Evelyn | Secretary | 2025-07-04 | — | — |
| BUCKLEY, Elizabeth Mary | Director | 2021-12-09 | Aug 1968 | Irish |
| BUNDELL, Craig Peter | Director | 2025-07-04 | Jan 1981 | British |
| CASS, Gillian Barbara | Director | 2024-11-29 | Mar 1976 | British |
| CRONIN, Margot | Director | 2024-11-01 | Aug 1963 | Irish |
| CURRIE, Julie Louise | Director | 2025-10-31 | Mar 1974 | British |
| MANCHESTER, Peter Damien | Director | 2025-01-23 | Aug 1962 | British |
| READER, Gary John Charles | Director | 2026-05-02 | Sep 1963 | British |
Show 75 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURDEN, Fiona | Secretary | 2022-02-01 | 2024-11-01 |
| LLOYD, Jonathan Mark | Secretary | 2008-12-19 | 2014-05-13 |
| MACGILLIVRAY, Shirley Margaret | Secretary | 1997-03-05 | 1997-06-26 |
| MILLS, Alan Ewing | Secretary | 1997-06-26 | 2008-12-19 |
| MITCHELL, Patricia Lynne | Secretary | 2024-11-01 | 2025-07-04 |
| MUSTARD, Michael William | Secretary | 2014-05-13 | 2022-02-01 |
| AGER, Rowley Stuart | Director | 1997-06-26 | 2004-02-06 |
| ALLAN, John Napier | Director | 1997-06-26 | 1998-02-27 |
| ASHDOWN, Timothy Robert | Director | 2005-12-29 | 2008-07-23 |
| BEDLOW, Karl Robert Douglas | Director | 2016-01-29 | 2019-06-20 |
| BLACK, William Scott | Director | 1998-02-27 | 2004-03-26 |
| BOLE, Peter Douglas | Director | 2011-12-13 | 2016-10-03 |
| BROUWERS, Feike Erik | Director | 2015-08-05 | 2017-01-23 |
| BULLOCH, Robert James Mackenzie | Director | 2006-09-29 | 2008-12-19 |
| BULLOCK, Gareth Richard | Director | 2012-07-17 | 2015-12-09 |
| CAMPBELL, Hew | Director | 1997-03-05 | 1997-06-26 |
| CASTAGNO, John | Director | 2016-10-01 | 2019-09-30 |
| CHAMBERS, Stuart John | Director | 2012-07-17 | 2014-02-04 |
| CHIPPENDALE, Ian Hugh | Director | 1998-02-27 | 2006-08-25 |
| CLINK, Iain | Director | 2008-12-19 | 2018-08-24 |
| CLINK, Iain | Director | 2002-03-28 | 2008-07-31 |
| COURT, Annette Elizabeth | Director | 2006-08-25 | 2006-11-08 |
| CURRIE, Julie Louise | Director | 2021-02-01 | 2024-11-01 |
| DEWHURST, Andrew William | Director | 2002-03-28 | 2003-11-28 |
| DEWHURST, Andrew William | Director | 1997-06-26 | 1998-02-27 |
| DOHERTY, Shaun Edward | Director | 2008-12-19 | 2012-08-31 |
| DUGGAN, Gary John | Director | 2024-11-01 | 2025-02-11 |
| ENDERSBY, Robert Duncan | Director | 2014-12-05 | 2025-05-01 |
| FERGUSON, Jacqueline | Director | 2018-04-26 | 2024-11-01 |
| FITZGERALD, Scott Paul | Director | 2024-10-01 | 2024-11-01 |
| GOPALAKRISHNAN, Prasanna | Director | 2023-01-10 | 2024-09-01 |
| GRACE, Kevin Paul | Director | 2000-10-27 | 2002-10-04 |
| HENDERSON, Richard John | Director | 2017-03-29 | 2024-11-01 |
| HEWITT, Paul William | Director | 2012-10-03 | 2014-05-01 |
| HIGGINS, Bernard | Director | 2008-08-29 | 2018-02-28 |
| HIGGINS, Bernard | Director | 1998-02-27 | 2006-01-05 |
| HIGGINSON, Andrew Thomas | Director | 1998-02-27 | 2012-02-26 |
| HILL, Adrian Richard | Director | 2008-12-19 | 2013-12-04 |
| HORNER, Alison | Director | 2009-05-29 | 2010-12-17 |
| HOURICAN, Declan Joseph | Director | 2016-11-14 | 2021-06-29 |
| HUNKIN, Ricky David | Director | 2011-01-28 | 2014-06-30 |
| KINGMAN, John Oliver Frank, Sir | Director | 2019-11-01 | 2023-01-22 |
| MACDONALD, James Thomas | Director | 2004-03-26 | 2006-08-18 |
| MACHELL, Simon Christopher John | Director | 2013-11-12 | 2025-05-01 |
| MAIN, William Hill | Director | 2009-01-30 | 2011-06-24 |
| MALLON, Gerard Martin | Director | 2018-08-13 | 2024-11-01 |
| MASON, Timothy John Rollit | Director | 1997-06-26 | 2006-08-25 |
| MCCONVILLE, James | Director | 2014-11-25 | 2021-02-01 |
| MCCREADIE, David Andrew | Director | 2015-12-09 | 2019-06-20 |
| MCKEAN, Alan Wallace | Director | 1997-03-05 | 1997-06-26 |
| MCLUSKIE, Norman Cardie | Director | 1997-06-26 | 2007-11-30 |
| MELBOURN, John William | Director | 1998-03-27 | 2008-03-31 |
| MORRIS, Adrian Charles | Director | 2021-04-30 | 2024-07-12 |
| OPPENHEIMER, Deanna Watson | Director | 2012-07-17 | 2016-12-31 |
| PATEL, Tikendra | Director | 2021-12-30 | 2024-11-01 |
| PELL, Gordon Francis | Director | 2007-02-02 | 2008-12-19 |
| PIERCE, Raymond Francis | Director | 2009-04-24 | 2017-12-31 |
| PIMLOTT, Graham Fenwick | Director | 2008-03-31 | 2020-04-17 |
| RAMSAY, Caroline Frances, Ms | Director | 2024-11-01 | 2026-05-02 |
| REED, John | Director | 2011-03-30 | 2013-02-13 |
| REID, David Edward | Director | 1997-06-26 | 1998-02-27 |
| RENDLE, Amanda Jane | Director | 2016-12-13 | 2023-05-31 |
| ROWE, Paulette Georgina | Director | 2008-12-19 | 2009-08-28 |
| SACH, Derek Stephen | Director | 1997-06-26 | 1998-02-27 |
| SCHOFIELD, George Anthony | Director | 1998-04-24 | 2003-11-28 |
| SCOTT, Newton | Director | 1997-06-26 | 1998-02-27 |
| SMITH, Colin George | Director | 1999-07-30 | 2000-10-27 |
| STEWART, Alan James Harris | Director | 2017-01-16 | 2021-04-30 |
| SULLIVAN, Christopher Paul | Director | 2004-03-26 | 2008-12-19 |
| TOUGH, Eric George William | Director | 1997-03-05 | 1997-06-26 |
| TOWLE, Kenneth Ian | Director | 2003-02-14 | 2005-06-30 |
| WADE-GERY, Laura Katharine | Director | 2004-04-30 | 2011-01-28 |
| WALKER, Deborah Ann | Director | 2022-01-18 | 2024-11-01 |
| WEMMS, John Michael | Director | 1998-02-27 | 1999-07-30 |
| WILLENS, James Henry | Director | 2017-05-12 | 2021-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tesco Personal Finance Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 358 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-27 | AA | accounts | Accounts with accounts type full | |
| 2026-05-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-04 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-02-04 | SH20 | capital | Legacy | |
| 2026-02-04 | CAP-SS | insolvency | Legacy | |
| 2026-02-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-27 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-02-27 | SH20 | capital | Legacy | |
| 2025-02-27 | CAP-SS | insolvency | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 4
- Officers appointed
- 4
- Officers resigned
- 2
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.