CAPITAL HOME LOANS LIMITED

• ⚠

  Material uncertainty over going concern

  In light of the Board and Shareholder's decision that the Company is no longer a viable going concern in the long term, the Company will wind down. The Directors have assessed, taking into consideration the principal risks and the financial statements, that the Company has adequate resources to continue to meet its remaining financial obligations and liabilities.

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CAPITAL HOME LOANS LIMITED 1989-01-06 → present
2. SPC HOMES (20) LIMITED 1987-12-11 → 1989-01-06
3. NICEQUOTE LIMITED 1987-10-06 → 1987-12-11

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In light of the Board and Shareholder's decision that the Company is no longer a viable going concern in the long term, the Company will wind down. The Directors have assessed, taking into consideration the principal risks and the financial statements, that the Company has adequate resources to continue to meet its remaining financial obligations and liabilities.”

Significant events

• “During the year, the Company disposed of two of its subsidiaries, Towd Point Mortgages Funding 2018 - Auburn 12 Plc ("Auburn 12") and Towd Point Mortgages Funding 2019 - Auburn 13 Pic ("Auburn 13").”
• “Also, during the year, CHL sold its own current live portfolio of unencumbered mortgages to CERH Auburn Mortgage Loan Sub B.V in 2024. The transfer of these assets was via a dividend in October 2024.”
• “the decision has been made to wind down CHL. Over the past 18 months, CHL has faced several complex business challenges:”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9%

  £9,443,000 → £8,597,000

• Cash

  +57.6%

  £7,616,000 → £12,002,000

• Net assets

  -60.5%

  £27,527,000 → £10,864,000

• Employees

  -6.5%

  107 → 100

• Profit before tax

  -350%

  £3,158,000 → -£7,895,000

• Wages

  -5.1%

  £5,648,000 → £5,359,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers