FOUNDATION FOR CREDIT COUNSELLING
Get an alert when FOUNDATION FOR CREDIT COUNSELLING files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-26 (in 5mo)
Last made up 2025-10-12
Watchouts
None on the register
Cash
£5M
-44.9% vs 2023
Net assets
£13M
-10.7% vs 2023
Employees
1,137
-3.2% vs 2023
Profit before tax
—
Period ending 2024-12-31
Name history
Renamed 2 times since incorporation
- FOUNDATION FOR CREDIT COUNSELLING 1995-01-19 → present
- CONSUMER CREDIT COUNSELLING SERVICE (WEST YORKSHIRE) 1993-01-18 → 1995-01-19
- CONSUMER CREDIT COUNSELLING SERVICES (WEST YORKSHIRE) 1992-10-19 → 1993-01-18
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £54,731,000 | £60,193,000 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | -£4,735,000 | -£1,590,000 | |
| Cash | £9,492,000 | £5,232,000 | |
| Total assets less current liabilities | £15,634,000 | £13,795,000 | |
| Net assets | £14,803,000 | £13,212,000 | |
| Equity | £14,803,000 | £13,212,000 | |
| Average employees | 1,175 | 1,137 | |
| Wages | £34,053 | £34,686 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | -8.7% | -2.6% | |
| Gearing (liabilities / total assets) | 24.4% | 26.2% | |
| Current ratio | 4.62x | 4.08x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- FOUNDATION FOR CREDIT COUNSELLING · parent
- Consumer Credit Counselling Service Voluntary Arrangements Ltd
- Consumer Credit Counselling Service (Equity Release) Ltd
- Debt Remedy Ltd
- StepChange Equity Release Ltd
- StepChange Financial Solutions Ltd
- StepChange Voluntary Arrangements Ltd
Significant events
- “In response to operating losses in 2023 and 2024, and continued difficult market conditions, a decision was taken by the Board of Trustees in April 2025 to close Consumer Credit Counselling Service (Equity Release) Limited to new business and to support the company in commencing an orderly wind-down of its affairs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
13 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Catherine Jennifer | Secretary | 2024-04-24 | — | — |
| ACTON, Susan | Director | 2023-07-01 | Sep 1972 | British |
| ASHLEY, Michael St John | Director | 2023-07-01 | Sep 1954 | British |
| CAPLAN, Nicholas Michael | Director | 2019-02-26 | Jun 1959 | British |
| DEAN, Barbara Helen | Director | 2019-01-21 | Dec 1959 | British |
| HARDING, Elizabeth Mary | Director | 2023-07-01 | Aug 1982 | British |
| KAUR, Ramondeep | Director | 2025-06-30 | Apr 1983 | British |
| KLIMAYTYS, Yvonne Jean | Director | 2021-07-01 | Mar 1958 | British |
| LYNSKEY, Sean | Director | 2025-06-23 | Jul 1988 | British |
| MELLOR, Lisa Jane | Director | 2025-06-23 | Sep 1976 | British |
| POPE, Janet Edna | Director | 2024-01-01 | Sep 1960 | British |
| TITCOMB, Lesley Jane | Director | 2019-01-21 | Jun 1961 | British |
| WOOD, Christopher Mark, Mr. | Director | 2021-02-01 | Aug 1970 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADFORD, Rachel Julia | Secretary | 2014-10-30 | 2016-03-17 |
| CARNEY, Richard | Secretary | 1992-10-19 | 1993-10-19 |
| LYNCH, Malcolm John | Secretary | 1993-06-21 | 2014-10-30 |
| O'CONNOR, Michael Cornelius | Secretary | 2016-03-17 | 2016-06-07 |
| SOBO-ALLEN, Femi | Secretary | 2016-06-07 | 2016-07-15 |
| M & K NOMINEE DIRECTORS LIMITED | Corporate Nominee Secretary | 1992-10-19 | 1992-10-19 |
| BEESLEY, Gordon | Director | 2004-03-30 | 2008-06-24 |
| BELL, Josh Carl | Director | 2018-06-01 | 2022-05-31 |
| BURTON, Jeremy John | Director | 1992-10-19 | 2013-07-04 |
| COATES, David Raiffe | Director | 2009-06-09 | 2019-03-31 |
| CROOKS, Bernard John | Director | 2000-06-01 | 2001-09-10 |
| FAIREY, Michael Edward | Director | 2009-06-09 | 2013-07-04 |
| FINGLETON, John Anthony | Director | 2015-03-10 | 2020-04-30 |
| FROST, Timothy James Albert | Director | 2017-07-01 | 2024-06-30 |
| GRIFFITH-JONES, John Guthrie | Director | 2019-01-07 | 2024-04-30 |
| HILL, Andrew Ratcliffe | Director | 2016-07-01 | 2022-07-01 |
| HURLSTON, Malcolm | Director | 1992-10-09 | 2010-12-20 |
| KALIA, Monica | Director | 2017-07-01 | 2022-07-22 |
| LEATHER, Susan Catherine, Dame | Director | 2014-10-14 | 2018-12-31 |
| LESLIE, Christopher Michael | Director | 2006-06-13 | 2010-12-14 |
| LEWIS, Susan Tangier | Director | 2012-07-10 | 2021-06-01 |
| MACLEOD, Kenneth Alexander | Director | 2016-07-01 | 2017-09-20 |
| MICHAEL, Alun Edward | Director | 2014-06-17 | 2018-12-31 |
| MULCAHY, Geoffrey, Sir | Director | 2008-09-25 | 2018-05-31 |
| PANDAY, Kamala | Director | 2013-07-04 | 2014-12-09 |
| PHELAN, Daniel John | Director | 2008-09-25 | 2014-06-17 |
| ROBINSON, Maureen Ann | Director | 2000-06-01 | 2008-02-04 |
| ROSS, James Douglas | Director | 1995-09-14 | 2006-06-13 |
| SANTS, Hector William Hepburn, Sir | Director | 2015-07-01 | 2018-10-02 |
| STERN, Christopher John | Director | 2016-07-01 | 2025-06-30 |
| STEVENSON OF BALMACARA, Robert Wilfrid, Lord | Director | 2010-12-14 | 2015-03-31 |
| TAVERNE, Suzanna | Director | 2009-03-11 | 2017-09-20 |
| THOMPSON, Alastair John | Director | 1993-01-21 | 1995-09-14 |
| THOMPSON, Gillian Jane | Director | 2016-01-08 | 2017-09-19 |
| THORESEN, Otto | Director | 2012-07-10 | 2016-11-08 |
| WALKER PALMOUR, Danielle Jeanine | Director | 2012-07-10 | 2015-06-09 |
| WARE, Victor Robin | Director | 1992-10-19 | 2003-12-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 201 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-03 | CH01 | officers | Change person director company with change date | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-06 | AA | accounts | Accounts with accounts type group | |
| 2024-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | AA | accounts | Accounts with accounts type group | |
| 2024-05-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | CH01 | officers | Change person director company with change date | |
| 2024-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-17 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
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
-
Turnover
+10%
£54,731,000 £60,193,000
-
Cash
-44.9%
£9,492,000 £5,232,000
-
Net assets
-10.7%
£14,803,000 £13,212,000
-
Employees
-3.2%
1,175 1,137
-
Wages
+1.9%
£34,053 £34,686
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