BLUESTONE LEASING LIMITED

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

Consolidated group

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Market conditions throughout 2024 remained complex. Some stability returned from a settling of inflation and reductions in the Bank of England Base Rate. However, uncertainties remained from the UK's exit from the European Union and how we trade with our neighbours, international conflicts, change in UK government, increased taxes and reduced reliefs, all resulting in questionable levels of business confidence and a slowdown across the UK (and global) economy.”
• “The company continues to reinforce its position within its sector by establishing best practice and operating principles. Focusing on strategic elements within our control; making subtle, but in some instances revolutionary changes in the way in which the business operates; the addition of a streamlined self-service option, leveraging technological advancements, integrating with our lenders and offering additional products.”
• “The company's own book lending appetites were restricted throughout 2024. This reflected economic uncertainties, funding rate changes and industry-wide increases in bad debt levels; requiring the company to take a more conservative approach to deploying its capital.”
• “Development and investment in our bespoke CRM system "Touchstone" continued, ensuring we maximise its potential; adding efficiencies, enhanced functionality and creating a paradigm shift in the industry.”
• “The company continues to support several local communities, charities and research centres; via donations, marketing and various activities.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -28.9%

  £20,029,585 → £14,246,002

• Cash

  +47.3%

  £700,378 → £1,031,944

• Net assets

  +44.4%

  £670,860 → £968,769

• Employees

  -16.7%

  48 → 40

• Operating profit

  +102.5%

  £216,508 → £438,361

• Profit before tax

  +143.7%

  £169,137 → £412,125

• Wages

  -3.5%

  £2,686,365 → £2,593,093

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