UK Companies House feature
NEL FUND MANAGERS LIMITED
Profile
- Company number
- 02564907
- Status
- Active
- Incorporation
- 1990-12-03
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 66300
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“With four funds under management, reviewing the company's forecast and cash flow projections and taking into account reasonable possible changes in trading performance, the directors are confident that the company has sufficient funding in place for the next twelve months and beyond to continue in operation. Management have therefore adopted the going concern basis in preparing these financial statements. 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.”
Subsidiaries
- Northern Enterprise Limited · 100% held · England and Wales · Limited partner to The North East Seed Capital Fund and Capital North East
- NEL EOT Limited · 100% held · England and Wales · Trustee of the NEL Employee Ownership Trust
- NE Small Loan (ERDF) General Partner Limited · 100% held · England and Wales · General partner to the NE Small Loan (ERDF) Fund
- NE Growth (ERDF) Carried Interest Partner Limited · 100% held · England and Wales · Carried interest partner in the Limited Partnership trading as NE Growth (ERDF) Fund
- NE Growth (ERDF) General Partner Limited · 100% held · England and Wales · General partner to the NE Growth (ERDF) Fund
- NE Debt Fund General Partner Limited · 100% held · England and Wales · General partner to the NPIF II - Debt NE LP
- NE Debt Fund Carried Interest Partner Limited · 100% held · England and Wales · Carried interest partner in the Limited Partnership trading as NPIF II - Debt NE LP
- NE Smaller Loans Fund General Partner Limited · 100% held · England and Wales · General partner to the NPIF II Smaller Loans NE LP
- NE Smaller Loans Fund Carried Interest Partner Limited · 100% held · England and Wales · Carried interest partner in the Limited Partnership trading as NPIF II - Smaller Loans NE LP
Significant events
- “Turnover increased from ",080,680 to ",378,312, and total income rose to ",409,962 (2024: ",133,980), primarily due to additional management fees from the two funds which launched in March 2024.”
- “During the year a distribution of ",000 (2024: ",188) to our Employee Ownership Trust was proposed, along with a 2024 final distribution declared after the prior year end of ",109, bringing the 2025 distribution total to ",921.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHAMBERS, Dawn Isa | Secretary | 2015-02-20 | — | — |
| CASTLEDINE, Trevor Vaughan | Director | 2024-04-01 | Feb 1969 | British |
| HARTLEY, Judith Barbara | Director | 2024-04-01 | Nov 1965 | British |
| LUKE, Jonathan Swinhoe | Director | 2022-04-01 | Oct 1968 | British |
| SCOTT, Paul | Director | 2024-05-09 | Dec 1969 | British |
| THROWER, Graham Simon | Director | 2018-05-03 | Dec 1966 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARLTON, Keith Smith | Secretary | 2001-12-05 | 2012-10-31 |
| CRAIG, Nicholas Charlton Dudley | Secretary | 1993-05-26 | 2001-12-05 |
| O'ROURKE, Emma Ruth | Secretary | 2012-10-31 | 2015-02-20 |
| SADLER, Douglas John | Secretary | — | 1992-06-16 |
| ARNELL, Reginald Richard William | Director | — | 1992-06-16 |
| BEAUMONT, Ernest Brian | Director | 2004-09-23 | 2007-03-31 |
| BROPHY, Daniel Martin | Director | 2005-09-30 | 2007-03-31 |
| CHARLTON, Keith Smith | Director | 2007-03-31 | 2012-10-31 |
| CRAIG, Nicholas Charlton Dudley | Director | 1993-05-26 | 2004-09-23 |
| GALE, Yvonne, Dr | Director | 2012-07-06 | 2024-12-31 |
| HAIGH, Peter James | Director | 2004-09-23 | 2012-03-31 |
| HENFREY, Anthony William, Dr | Director | 2012-04-01 | 2016-03-09 |
| HENSBY, Barrie Stuart | Director | 1993-07-07 | 2018-06-30 |
| HENSBY, Barrie Stuart | Director | — | 1992-06-16 |
| HOPE, Christopher Ian | Director | 2001-07-18 | 2003-02-07 |
| I'ANSON, Stephen Mark | Director | 2004-09-23 | 2012-04-30 |
| MIDDLETON, David Miles | Director | 1993-05-26 | 2004-09-23 |
| NICHOLSON, Frank | Director | 2002-12-17 | 2004-05-20 |
| PAGE, Malcolm Douglas | Director | 2005-09-23 | 2007-11-23 |
| ROSS, Antony David | Director | 2008-05-12 | 2009-09-18 |
| ROWLEY, Peter William | Director | 2004-09-23 | 2007-04-27 |
| SANDERS, David George | Director | 1999-01-25 | 2001-03-15 |
| SMITH, John Sinclair | Director | 1997-12-19 | 2007-03-31 |
| STONEHOUSE, David Coulson | Director | 2004-09-23 | 2012-03-31 |
| THOMPSON, Christopher Scott | Director | 2008-05-16 | 2008-10-22 |
| WHITMELL, David Andrew | Director | 2016-12-12 | 2023-02-28 |
| WHITMELL, David Andrew | Director | 2007-03-31 | 2010-12-31 |
| WILSON, David Kenneth | Director | 2007-03-31 | 2008-05-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nel Eot Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 183 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-20 | AA | accounts | accounts with accounts type full |
| 2025-01-08 | TM01 | officers | termination director company with name termination date |
| 2025-01-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-06 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-08-09 | AA | accounts | accounts with accounts type full |
| 2024-06-26 | AP01 | officers | appoint person director company with name date |
| 2024-05-15 | AP01 | officers | appoint person director company with name date |
| 2024-05-15 | AP01 | officers | appoint person director company with name date |
| 2023-12-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-03 | CH01 | officers | change person director company with change date |
| 2023-10-03 | CH01 | officers | change person director company with change date |
| 2023-08-18 | AA | accounts | accounts with accounts type full |
| 2023-05-10 | CH01 | officers | change person director company with change date |
| 2023-02-28 | TM01 | officers | termination director company with name termination date |
| 2022-12-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-28 | AA | accounts | accounts with accounts type full |
| 2022-04-12 | AP01 | officers | appoint person director company with name date |
| 2021-12-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-08-28 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.