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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-05 (in 2mo)

Last made up 2025-06-21

Watchouts

1 item

Cash

£12M

+17.4% vs 2023

Net assets

£6M

-55.3% vs 2023

Employees

Average over period

Profit before tax

-£8M

-599.5% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. LLOYDS GENERAL LEASING LIMITED 1990-08-24 → present
  2. KORVANA LIMITED 1990-07-11 → 1990-08-24

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit
Profit before tax £1,661,000-£8,297,000
Net profit £703,000-£7,638,000
Cash £10,422,000£12,234,000
Total assets less current liabilities
Net assets £13,498,000£6,039,000
Equity £13,498,000£6,039,000
Average employees
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Gearing (liabilities / total assets) 80.2%88.5%
Current ratio 2.44x2.31x

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.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“Subsequent to the year end the Company exited its remaining lease agreements and became non-trading. The Directors do not intend to write any new business and it is their intention of to place the Company into liquidation as soon as feasible. Therefore the financial statements have been prepared on a basis 'other than going concern'.”

Significant events

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

People

4 active · 37 resigned

Name Role Appointed Born Nationality
MULHOLLAND, Alison Elizabeth Secretary 2017-12-18
CLARKE, Paul Director 2024-01-24 Sep 1976 British
DOREY, Laura Frances Christabel Director 2022-01-13 Aug 1978 British
SHARRATT, Greig Albert James Director 2024-01-24 Oct 1968 British
Show 37 resigned officers
Name Role Appointed Resigned
BLACK, Nicola Suzanne Secretary 1997-03-25 2000-09-15
HATCHER, Michael Roger Secretary 1994-07-01 1996-06-12
JOHNSON, Michelle Antoinette Angela Secretary 2013-05-22 2017-12-18
MASLEN, Frederick Charles Archibald Secretary 1994-06-30
SLATTERY, Sharon Noelle, Mrs. Secretary 2000-09-15 2013-05-22
STAFFORD, Paul Andrew Secretary 1996-06-12 1997-03-25
BASING, Anthony Mark Director 2004-07-07 2009-09-07
COOKE, Timothy John Director 2007-06-18 2012-08-14
CUMMING, Andrew John Director 2003-12-22 2012-04-26
CUMMING, Andrew John Director 2000-06-05 2001-03-05
DAVIES, John Anthony Director 1994-11-01 1998-09-30
DAVIES, John Thomas Director 1994-10-31
DOWSETT, Colin Graham Director 2012-04-26 2023-11-22
FOAD, Allan Robert Director 1994-12-09 2005-10-31
FOX, Gerard Ashley Director 2013-05-29 2022-01-13
FULLELOVE, William Roy Director 1994-11-30
GLEDHILL, Simon Christopher Director 2012-04-26 2013-05-29
GRANT, Mark Andrew Director 2003-12-22 2005-06-16
GREEN, Michael Jonathan Director 1998-10-01 2003-12-03
HARRIS, Kevin Charles Director 2013-05-29 2015-09-30
HARRISON, David Henry Arnold Director 2000-03-06
HERBERT, Jon Mark Director 2007-06-18 2012-04-26
HIGGINS, Peter Director 2005-09-07 2008-05-16
ISAACS, Robin Alexander Director 2008-05-23 2012-12-13
JOSEPH, Michael William Director 2004-06-09 2006-11-15
KING, Roger Steuart Director 2000-03-06 2003-10-31
MILES, Peter Bernard Director 1994-12-01 2005-08-26
MILES, Peter Bernard Director 1994-11-30
MOORE, Alan Edward Director 1998-04-30
PELLY, Richard Fowler Director 2005-11-17 2007-02-26
PRITCHARD, David Peter Director 1998-05-01 2003-05-09
RIDING, Frederick Michael Peter Director 2001-03-05 2003-12-29
SEGGINS, Roger Russell Director 2000-03-06 2003-07-04
TATE, George Truett Director 2003-12-29 2004-05-05
TURNER, John Robert Director 2019-10-31 2024-01-30
VOWLES, Anthony Brian Director 2003-12-29 2008-05-21
VOWLES, Anthony Brian Director 2001-03-05 2003-10-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Lloyds Bank Leasing Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 227 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2021-09-29 CC04 Statement of companys objects
Date Type Category Description
2025-08-15 AA accounts Accounts with accounts type full
2025-06-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-12 CH03 officers Change person secretary company with change date PDF
2024-09-05 AA accounts Accounts with accounts type full
2024-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-02 TM01 officers Termination director company with name termination date PDF
2024-02-02 AP01 officers Appoint person director company with name date PDF
2024-02-02 AP01 officers Appoint person director company with name date PDF
2023-12-05 TM01 officers Termination director company with name termination date PDF
2023-10-04 AA accounts Accounts with accounts type full
2023-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-24 AA accounts Accounts with accounts type full
2022-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-21 AP01 officers Appoint person director company with name date PDF
2022-01-21 TM01 officers Termination director company with name termination date PDF
2021-09-29 CC04 change-of-constitution Statement of companys objects
2021-09-15 AA accounts Accounts with accounts type full
2021-06-21 CS01 confirmation-statement Confirmation statement with updates PDF
2020-08-27 AA accounts Accounts with accounts type full
2020-06-29 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page