CROCUS HOME LOANS LIMITED

1. CROCUS HOME LOANS LIMITED 2003-03-28 → present
2. SAFFRON WALDEN MORTGAGE SERVICES LIMITED 1993-12-23 → 2003-03-28
3. SECONDARY MARKETING INVESTMENT CONDUIT (NO.4) LIMITED 1990-04-11 → 1993-12-23

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that having considered the current uncertain economic conditions, the Company, by virtue of its continued funding by its parent, has adequate resources to continue in business for the foreseeable future. A letter of support has also been received from Saffron Building Society confirming that any shortfall of external costs will be covered by the parent and that intercompany funding will not be withdrawn in the 12 months following the signing of these financial statements. For these reasons, the accounts continue to be prepared on the going concern basis.”

Significant events

• “The UK economic environment continues to influence the company's performance, with 2025 marked by easing pressures on consumers from falling inflation and interest rates, though geopolitical uncertainty remains a factor.”
• “The ongoing conflicts in Ukraine and the Middle East increase economic uncertainty. Interest rates decreased further in 2025 as inflation had continued to ease, although current indication are any further cuts will likely be limited and less frequent than last year.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +5.9%

  £3,220,382 → £3,409,144

• Employees

  —

  Not reported

• Operating profit

  +87.6%

  £183,105 → £343,534

• Profit before tax

  +3%

  £183,185 → £188,762

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