T.H.F.C. (SERVICES) LIMITED

• ◆

  10 officer resignations in last 12 months

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

1. T.H.F.C. (SERVICES) LIMITED 1994-03-01 → present
2. HOUSING FINANCE SERVICES LIMITED 1990-04-17 → 1994-03-01
3. CHATERDENE LIMITED 1990-03-12 → 1990-04-17

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

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded that the Company has adequate resources to continue in operational existence for the 12 months from the date on which the financial statements are approved. For this reason, the Company will continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. T.H.F.C. (SERVICES) LIMITED · parent
   1. UK Rents (Holdings) Limited 100% · UK · Holding company
   2. UK Rents Trustee Limited 100% · UK · Trustees
   3. UK Rents (No.1) Plc 100% · UK · Financial intermediation
   4. T.H.F.C. (Capital) Plc 100% · UK · Financial intermediation
   5. Affordable Housing Finance Plc 100% · UK · Financial intermediation
   6. Blend Funding Plc 100% · UK · Financial intermediation
   7. THFC Sustainable Finance Plc 100% · UK · Financial intermediation
   8. T.H.F.C Sustainable Finance (No. 2) Plc 100% · UK · Financial intermediation
   9. Housing Finance Trustee Limited 100% · UK · Trustee

Significant events

• “Throughout the year, the Company has continued to support nominated charities, with donations totalling £13,500 (2024: £7,200) to The Ireland Funds and Sustainability for Housing. The Group's donations in the previous year consisted of £7,200 to More than Homes.”
• “We have been notified by the Trustee of the Scheme that it has performed a review of the changes made to the Scheme's benefits over the years and the result is that there is uncertainty surrounding some of these changes. The Trustee has been advised to seek clarification from the Court on these items. This process is ongoing and the matter is unlikely to be resolved before September 2025 at the earliest. It is recognised that this could potentially impact the value of Scheme liabilities, but until Court directions are received, it is not possible to calculate the impact of this issue, particularly on an individual employer basis, with any accuracy at this time. No adjustment has been made in these financial statements in respect of this potential issue.”

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

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

10

last 12 months

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

• Turnover

  -2.4%

  £10,939,000 → £10,671,000

• Cash

  +8%

  £8,301,000 → £8,965,000

• Net assets

  +9.2%

  £16,202,000 → £17,686,000

• Employees

  +11.1%

  36 → 40

• Profit before tax

  -60.5%

  £5,331,000 → £2,107,000

• Wages

  +42%

  £2,843,000 → £4,037,000

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