MANN ISLAND FINANCE LIMITED

1. MANN ISLAND FINANCE LIMITED 1992-12-23 → present
2. PINERIDE LIMITED 1992-09-24 → 1992-12-23

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of current financial projections the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence up to at least 31 March 2027, which is a period greater than twelve months from the date of issue of the financial statements that aligns with internal budgeting processes. Accordingly, the going concern basis is adopted in the preparation of the financial statements.”

Significant events

• “On 25 October 2024, the Court of Appeal determined that motor dealers acting as credit brokers owe certain duties to disclose to their customers commission payable to them by lenders, and that lenders may have primary or secondary liability for motor dealers' nondisclosures.”
• “On 1 August 2025, the UK Supreme Court ruled that discretionary commission arrangements (DCAs) in motor finance do not automatically render agreements unfair, partly overturning prior Court of Appeal findings. The Financial Conduct Authority (FCA) published its consultation paper CP25:27 on 7 October 2025.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -26.5%

  £70,024,000 → £51,464,000

• Cash

  +13.5%

  £4,206,000 → £4,775,000

• Net assets

  +9.9%

  £2,483,000 → £2,729,000

• Employees

  -3.3%

  151 → 146

• Operating profit

  -50.6%

  £429,000 → £212,000

• Profit before tax

  -99.4%

  £154,000 → £1,000

• Wages

  -1.1%

  £6,558,000 → £6,485,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers