UK Companies House feature
GREYSTONE FINANCIAL SERVICES LIMITED
Cash
£3M
+18.8% vs 2023
Net assets
£4M
+2.3% vs 2023
Employees
92
-1.1% vs 2023
Profit before tax
£112K
-68.8% vs 2023
Profile
- Company number
- 02584903
- Status
- Active
- Incorporation
- 1991-02-22
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £9,706,420 | — | — | — | |
| Operating profit | £1,403,107 | — | — | — | |
| Profit before tax | £1,613,455 | £955,839 | £358,060 | £111,885 | |
| Net profit | £1,326,815 | £774,415 | £295,103 | £100,741 | |
| Cash | £1,839,443 | £2,658,514 | £2,848,702 | £3,383,765 | |
| Total assets less current liabilities | £3,328,403 | £4,103,565 | £4,416,363 | £4,517,104 | |
| Net assets | £3,326,206 | £4,100,621 | £4,395,724 | £4,496,465 | |
| Equity | £3,326,206 | £4,100,621 | £4,395,724 | £4,496,465 | |
| Average employees | 91 | 92 | 93 | 92 | |
| Wages | £4,634,924 | £4,775,584 | £4,856,502 | £5,558,222 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- JS. Audit Limited
- 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.”
Subsidiaries
- HLB Financial Services Limited · 50% held · UK · Financial services
- Hillyer McKeown Financial Services LLP · 43% held · UK · Financial services
Significant events
- “The world economic outlook appears to be more uncertain than ever, with potential for a trade war with China and ongoing volatility in the EU. Bond yields remain elevated in the UK and US, putting strain on government borrowing, with tax measures yet to fully impact economic growth.”
- “The company remains well diversified within Greystone Funds and Discretionary Model Portfolios, adjusting US exposure. Funds have produced positive returns despite market volatility.”
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
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEDEN, Neil Andrew | Secretary | 1992-10-05 | — | British |
| ALEXANDER, Neil | Director | 2012-04-02 | Aug 1961 | British |
| HORNER, Keith | Director | 2011-11-01 | Jul 1951 | British |
| LOMAS, Simon Ashley | Director | 1993-10-01 | Nov 1963 | British |
| PEDEN, Neil Andrew | Director | 1992-10-05 | May 1960 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SMITH, Geoffrey | Secretary | 1991-03-07 | 1992-10-05 |
| BRITANNIA COMPANY FORMATIONS LIMITED | Corporate Nominee Secretary | 1991-02-22 | 1991-03-07 |
| BINGHAM, Stephen John | Director | 2003-03-24 | 2006-05-08 |
| DAVIDSON, Neil Graeme | Director | 1996-03-01 | 2023-01-05 |
| DENT, Christopher Frederick | Director | 1991-03-07 | 2006-09-29 |
| EATON, Philip Anthony | Director | 1996-03-01 | 2022-12-20 |
| FAYLE, Bruce James | Director | 2003-03-24 | 2011-09-02 |
| HEAP, Stephen Paul | Director | 2005-02-01 | 2024-10-01 |
| MORRISON, David William Maxwell | Director | 1991-03-07 | 1992-10-05 |
| SMITH, Rodney | Director | 1993-11-01 | 1998-04-16 |
| THOMPSON, Keith Walton | Director | 1992-10-05 | 2016-05-31 |
| WILLIAMS-DENTON, Neil | Director | 2003-03-24 | 2014-10-13 |
| DEANSGATE COMPANY FORMATIONS LIMITED | Corporate Nominee Director | 1991-02-22 | 1991-03-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Greystone Financial Services (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-20 | Active |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-27 | AA | accounts | accounts with accounts type full |
| 2025-02-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-07 | TM01 | officers | termination director company with name termination date |
| 2024-06-18 | AA | accounts | accounts with accounts type full |
| 2024-02-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-17 | AA | accounts | accounts with accounts type full |
| 2023-02-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-15 | TM01 | officers | termination director company with name termination date |
| 2022-12-29 | TM01 | officers | termination director company with name termination date |
| 2022-05-03 | AA | accounts | accounts with accounts type full |
| 2022-02-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-05-25 | AA | accounts | accounts with accounts type full |
| 2021-02-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-07-16 | AA | accounts | accounts with accounts type full |
| 2020-02-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-07-22 | AA | accounts | accounts with accounts type full |
| 2019-02-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2018-03-09 | AA | accounts | accounts with accounts type full |
| 2018-02-05 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
8.11
SAFE
Altman Z″
- Working capital / Total assets 0.747 × 6.56 = +4.90
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.028 × 6.72 = -0.19
- Book equity / Total liabilities 3.236 × 1.05 = +3.40
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory