UK Companies House feature
VOLKSWAGEN FINANCIAL SERVICES (UK) LIMITED
Profile
- Company number
- 02835230
- Status
- Active
- Incorporation
- 1993-07-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In determining the appropriateness of the Going Concern basis for the preparation of the annual reports and accounts the directors have assessed a period from the date of signing the accounts until 30 June 2026. The assessment considered a number of key factors, namely, accessibility of funding and levels of liquidity, capital reserves, forecasts of business performance and asset risk. Management considers accessibility to liquidity the most significant risk to the business. When considering whether the Company has access to sufficient levels of funding the directors considered a number of scenarios, as is, cautious, downside and an extreme stress scenario. In all instances the Company has sufficient liquidity headroom up to and including 30 June 2026. After making these assessments, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”
Subsidiaries
- Volkswagen Insurance Service (Great Britain) Limited · 100% held · UK · to arrange motor insurance for Audi, Volkswagen, SEAT and Skoda vehicle owners and motor trade insurance on behalf of retailers in the United Kingdom. After 31st October 2022 the company ceased involvement in these activities.
Significant events
- “In January 2024 the Financial Conduct Authority (FCA) announced that it intended to undertake a review of the historical use of discretionary commission arrangements using its powers under Section 166 of the Financial Services and Markets Act 2000 across several firms within the motor finance sector. The work started in 2024 and since then VWFS has co-operated fully with the review, the outcome of which (including any potential remediation or financial impact) is unknown and is not expected until after the Supreme Court hearing referred to below.”
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 · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARTOELKE, Ingrun Ulla, Doctor | Director | 2025-07-01 | Oct 1967 | German |
| HEIMBERG, Gerrit Otto Walter | Director | 2025-07-01 | Sep 1974 | German |
| SMITH, Jean Michelle | Director | 2019-04-01 | Jan 1964 | British |
| TODD, Michael John | Director | 2018-09-28 | May 1966 | British |
| VERBIST, Thierry | Director | 2024-04-24 | Apr 1971 | Belgian |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DALY, Gerald James | Secretary | 1994-05-31 | 2001-03-15 |
| GIBBARD, Wayne David | Secretary | 2007-10-01 | 2008-06-20 |
| GIBBARD, Wayne David | Secretary | 2001-03-15 | 2002-04-16 |
| KECMAN, Vera | Secretary | 1993-12-30 | 1994-05-31 |
| MOSELEY, Dexter Graham | Secretary | 1993-11-02 | 1993-12-30 |
| SHIELDS, Alistair | Secretary | 2002-04-16 | 2007-10-01 |
| STONEMAN, Susan Elizabeth | Nominee Secretary | 1993-07-12 | 1993-11-02 |
| BANDMANN, Anthony George | Director | 2021-10-01 | 2022-08-12 |
| BANKS, Geoffrey Nicholas | Director | 2002-09-04 | 2004-10-11 |
| BENZ, Michael | Director | 1999-09-01 | 2002-09-04 |
| CLINCH, Rodney David | Director | 1993-11-02 | 1994-03-16 |
| DAHLHEIM, Christian, Dr | Director | 2009-02-01 | 2012-09-01 |
| EBERT, Jan | Director | 2020-07-01 | 2024-01-31 |
| HESSKE, Harald | Director | 2017-09-02 | 2019-03-29 |
| HILL, Malcolm Gerald | Director | 1994-03-16 | 1999-06-30 |
| HOFFMANN, Uwe Rudolf | Director | 2000-09-01 | 2005-07-25 |
| IBACH, Juergen Wilhelm | Director | 2009-02-01 | 2012-03-31 |
| IDE, Richard Birkett | Director | 1994-03-16 | 1999-12-13 |
| JAMES, Kevin Lloyd | Director | 1998-07-17 | 2001-03-31 |
| LEGENBAUER, Jens | Director | 2022-08-12 | 2024-06-30 |
| LEGENBAUER, Jens | Director | 2012-09-01 | 2019-06-30 |
| LEWINGTON, Keith Edward | Nominee Director | 1993-07-12 | 1993-11-02 |
| LUETZENKIRCHEN, Hans-Peter, Dr | Director | 2004-08-09 | 2005-11-18 |
| MALONEY, David | Director | 2016-06-01 | 2018-08-01 |
| MARCUS, Bryan | Director | 2001-04-01 | 2009-06-01 |
| MASSFELLER, Norbert Matthais | Director | 1994-03-16 | 2004-10-11 |
| MIELKE, Rainer | Director | 1994-03-16 | 1997-07-31 |
| MUND, Stephan Bernhard Wilhelm | Director | 2012-07-10 | 2014-12-31 |
| REICHHARDT, Volker | Director | 2005-11-18 | 2012-09-01 |
| REINHART, Michael Eberhard, Dr | Director | 2017-09-02 | 2019-03-29 |
| SCHNEIDER, Peter Max | Director | 1993-12-22 | 2000-02-17 |
| SCHUERMANN, Klaus-Dieter | Director | 2000-02-17 | 2005-03-24 |
| SCOLA, Ingolf | Director | 1997-08-01 | 1999-08-31 |
| SHIELDS, Alistair | Director | 2007-10-01 | 2011-06-30 |
| SMITH, Jean Michelle | Director | 2015-06-02 | 2015-11-23 |
| STACEY, Lisa Maree | Director | 2011-07-01 | 2014-06-30 |
| THOMAS, Simon Peter | Director | 2011-09-01 | 2013-08-31 |
| TODD, Michael John | Director | 2015-06-02 | 2016-07-31 |
| VAN DEN BERGH, Albertus Antonius Maria | Director | 2014-07-01 | 2019-03-31 |
| VOGLER, Kai Günther | Director | 2019-07-01 | 2021-09-30 |
| WELTER, Patrick Ortwin | Director | 2012-08-01 | 2020-06-30 |
| WHEELER, Graham | Director | 2004-09-01 | 2016-06-30 |
| WOOLCOCK, Robin Arthur John | Director | 1999-12-13 | 2011-09-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Volkswagen Aktiengesellschaft | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 199 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-07-17 | AP01 | officers | appoint person director company with name date |
| 2025-07-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-10 | AP01 | officers | appoint person director company with name date |
| 2025-06-23 | AA | accounts | accounts with accounts type full |
| 2024-10-09 | TM01 | officers | termination director company with name termination date |
| 2024-07-25 | AA | accounts | accounts with accounts type full |
| 2024-07-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-03 | AP01 | officers | appoint person director company with name date |
| 2024-02-14 | TM01 | officers | termination director company with name termination date |
| 2023-07-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-08 | AA | accounts | accounts with accounts type full |
| 2022-09-21 | AP01 | officers | appoint person director company with name date |
| 2022-09-21 | TM01 | officers | termination director company with name termination date |
| 2022-08-30 | AA | accounts | accounts with accounts type full |
| 2022-07-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-19 | AP01 | officers | appoint person director company with name date |
| 2021-10-19 | TM01 | officers | termination director company with name termination date |
| 2021-08-17 | AA | accounts | accounts with accounts type full |
| 2021-08-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-07-17 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory