UK Companies House feature
LONDON FORFAITING COMPANY LIMITED
Profile
- Company number
- 01733470
- Status
- Active
- Incorporation
- 1983-06-22
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors confirm the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern.”
Subsidiaries
- London Forfaiting International Limited · 100% held · Great Britain · Holding company
- London Forfaiting Americas Inc. · 100% held · United States of America · Marketing
- London Forfaiting do Brasil Ltda. · 100% held · Brazil · Marketing
Significant events
- “2024 has been a challenging year for trade and trade finance, with modest growth in global goods trade as markets stabilized from COVID-19 and the Russia-Ukraine conflict, while assessing impacts of Middle East conflict.”
- “New U.S. sanctions targeting Russia's allies and increased trade flows between Russia and its supportive nations continue to complexify the sanctions environment.”
- “Increased trade tariffs from all developed nations have put pressure on maintaining current trade flow volumes.”
- “Financial institutions are preparing for Basel 4 (Basel 3.1 in the UK), with the implementation date pushed back to January 1, 2027.”
- “Cash Dividends Distributed: USD 6,000,000. Capital Return: 40,000,000 shares at USD 1 each.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAMZAN, William | Secretary | 2009-10-23 | — | — |
| ABBOUCHI, Samer | Director | 2024-04-24 | May 1982 | Lebanese |
| BAKALLI, Teuta | Director | 2025-01-02 | Jun 1971 | British |
| GRECH, John Carmel, Dr | Director | 2016-05-09 | Aug 1948 | Maltese |
| LALANI, Hussain Abdul Aziz | Director | 2019-07-18 | Aug 1975 | Pakistani |
| LAY, Simon Jethro | Director | 2024-08-27 | Sep 1957 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BONADIES, Raffaella Maria Rosaria, Dr | Secretary | 2007-02-12 | 2009-10-23 |
| DEEGAN, Jayne | Secretary | 2001-11-23 | 2002-02-12 |
| ELLINGTON, Geraldine Mary | Secretary | 2002-02-12 | 2005-04-07 |
| ELLINGTON, Geraldine Mary | Secretary | 1993-09-02 | 1997-07-11 |
| LUTSCHG EMMENEGGER, Margrith | Secretary | 2005-04-07 | 2007-02-12 |
| PALMER, Martin Trevor Digby | Secretary | 1997-07-11 | 2001-11-23 |
| SAVVIDES, Marios | Secretary | — | 1993-09-02 |
| AL SALEH, Najeeb Hamad Musaad | Director | 2003-08-29 | 2012-05-20 |
| AL-AJEEL, Majed Essa Ahmed | Director | 2015-08-03 | 2023-05-04 |
| BUCKLEY, Peter Neville | Director | — | 1993-04-20 |
| BURGESS, David Patrick Henry | Director | — | 2003-09-24 |
| CHAUHAN, Arun Pratap | Director | 2003-09-02 | 2005-04-26 |
| DAVENPORT, Michael | Director | 1996-04-24 | 2003-09-12 |
| FEKIH AHMED, Mohamed, Mr. | Director | 2014-04-23 | 2023-05-04 |
| FREEMAN, Andrew Thomas Menzies | Director | 2003-09-15 | 2005-12-31 |
| FROST, Robert James | Director | 2015-08-03 | 2019-07-02 |
| HARDMAN, Blaise Noel Anthony | Director | 1993-04-20 | 1996-04-24 |
| JOHNS, Michael Charles | Director | — | 2001-05-31 |
| KNIGHT, Tony | Director | 2011-04-01 | 2016-02-09 |
| KNIGHT, Tony | Director | 2011-01-01 | 2011-01-01 |
| LAY, Simon Jethro, Mr. | Director | 2006-01-01 | 2016-05-09 |
| LAY, Simon Jethro | Director | 1997-09-09 | 2003-08-29 |
| LILLEY, David Richard | Director | 1997-09-09 | 2003-08-29 |
| LOUHAB, Mohammed | Director | 2023-05-04 | 2024-08-01 |
| LUCAS, Ian David | Director | 2011-04-01 | 2016-02-09 |
| LUCAS, Ian David | Director | 2011-01-01 | 2011-01-01 |
| LUTSCHG EMMENEGGER, Margrith | Director | 2003-08-29 | 2015-01-15 |
| OOI, Boon Aun | Director | 1994-02-25 | 1999-01-25 |
| PAPADOPOULOS, Victor Nicou | Director | — | 2000-06-30 |
| PAPOUTES, Efstathios Aristotelous | Director | — | 2003-08-29 |
| PRETECEILLE, Raphael Jean-Marc | Director | — | 2000-06-30 |
| ROTHWELL, Stephen | Director | 1996-09-10 | 2000-06-30 |
| ROY, Claude Lucien Joseph | Director | 2003-08-29 | 2005-04-26 |
| SAMANI, Pravin Popatlal | Director | — | 2003-08-29 |
| SCHUMACHER, Erich | Director | 2023-05-04 | 2024-04-24 |
| WEST, Mark Andrew | Director | — | 2000-06-30 |
| WILSON, Jack (John) Arnold Gustafson | Director | — | 2003-08-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Fimbank Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 324 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-05-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-05-21 | AA | accounts | accounts with accounts type group |
| 2025-01-09 | AP01 | officers | appoint person director company with name date |
| 2024-09-02 | AP01 | officers | appoint person director company with name date |
| 2024-08-22 | AA | accounts | accounts with accounts type group |
| 2024-08-05 | TM01 | officers | termination director company with name termination date |
| 2024-05-29 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-05-29 | SH20 | capital | legacy |
| 2024-05-29 | CAP-SS | insolvency | legacy |
| 2024-05-29 | RESOLUTIONS | resolution | resolution |
| 2024-05-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-10 | AP01 | officers | appoint person director company with name date |
| 2024-05-10 | TM01 | officers | termination director company with name termination date |
| 2023-12-06 | SH01 | capital | capital allotment shares |
| 2023-05-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-17 | AP01 | officers | appoint person director company with name date |
| 2023-05-16 | AP01 | officers | appoint person director company with name date |
| 2023-05-16 | TM01 | officers | termination director company with name termination date |
| 2023-05-16 | TM01 | officers | termination director company with name termination date |
| 2023-04-19 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.