UK Companies House feature
PREFERRED MORTGAGES LIMITED
Profile
- Company number
- 03137809
- Status
- Active
- Incorporation
- 1995-12-14
- Last accounts made up
- 2023-11-30
- Account category
- GROUP
- Primary SIC
- 64921
- 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
- Consolidated (group)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Given the solvent net asset position of the Group and the sufficient cash that it currently holds and availability of resources for the Company, the Directors consider that the Group and the Company will be able to continue in operational existence for a period up to 30 November 2026 and therefore it is appropriate to prepare the financial statements on a going concern basis. 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 Group and Parent Company's ability to continue as a going concern for a period up to 30 November 2026.”
Subsidiaries
- Preferred Residential Securities 05-2 plc · UK · Structured entity/mortgage securitisation
- Preferred Residential Securities 06-1 plc · UK · Structured entity/mortgage securitisation
- Eurosail 2006-2BL plc · UK · Structured entity/mortgage securitisation
- Eurosail 2007-1 plc · 39.22% held · UK · Structured entity/mortgage securitisation
- EMF-UK 2008-1 plc · 38.49% held · UK · Structured entity/mortgage securitisation
- Eurosail 2006-2 · UK · Mortgage securitisation
- Eurosail 2006-4 · UK · Mortgage securitisation
- Eurosail 2007-2 · UK · Mortgage securitisation
- Eurosail 2007-3 · UK · Mortgage securitisation
- Eurosail 2007-4 · UK · Mortgage securitisation
Significant events
- “The impact of political and economic matters that have arisen, in particular the war in Ukraine and market turbulence and uncertainty following announcements on tariffs by the United States, on the regional and global economy remains uncertain and is difficult to assess in terms of duration and severity.”
- “During 2024 the Company declared and paid dividends of £510,735.”
- “On 8 February 2024 the Company reduced the share capital of the Company from £7,751,468.76 to £250,000 by: (c) reducing the entirety of the share premium account in the amount of £573,351 and (d) cancelling and extinguishing 6,8641,412 'A' ordinary shares with a nominal value of £1.00 each in the capital of the Company, in addition to all of the issued 'C' ordinary shares, being 637,057 shares with a nominal value of £0.10 each in the capital of the Company.”
- “On 9 August 2024, the previous immediate parent company of the Company, Mable Commercial Funding Limited (in administration) sold its holding in the Company to Southern Pacific Holdings Limited.”
- “On 2 April 2008, the Company announced a suspension of its mortgage origination activities.”
- “On 15 September 2008, the previous ultimate parent company Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection.”
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
3 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANDON, Lee Christopher | Director | 2010-06-17 | Jan 1953 | British |
| MINES, Anthony James | Director | 2024-08-22 | Apr 1974 | British |
| SMUTS, Melgard-Jo | Director | 2024-08-22 | Sep 1977 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOPES, Philip Edward | Secretary | 1996-09-30 | 2003-12-12 |
| KERR, Michael David | Secretary | 1996-01-16 | 1996-09-30 |
| CLIFFORD CHANCE SECRETARIES (CCA) LIMITED | Corporate Secretary | 2004-11-01 | 2010-10-21 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 2003-12-12 | 2004-11-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1995-12-14 | 1996-01-16 |
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2010-10-21 | 2011-02-24 |
| ATTIA, Amany | Director | 2008-03-28 | 2010-06-17 |
| ATTIA, Amany | Director | 2003-12-12 | 2006-04-03 |
| BILSBOROUGH, William C | Director | 2005-11-09 | 2008-03-27 |
| CAMERON-MOORE, David | Director | 1996-06-05 | 1998-09-13 |
| CHAMBERS, Paul Stuart | Director | 2007-05-08 | 2009-10-14 |
| FARRELL, Daniel | Director | 1996-03-18 | 1997-07-01 |
| FRASER, George Mclennan | Director | 2003-12-12 | 2005-11-09 |
| GIBB, Dominic Iain | Director | 2006-05-04 | 2007-07-25 |
| GODFREY FAUSSETT, Matthew Richard | Director | 1996-01-16 | 1996-01-31 |
| HINSHELWOOD, Wallace Simon Duthie | Director | 2006-06-01 | 2008-03-17 |
| HOPES, Philip Edward | Director | 1997-02-27 | 2003-12-12 |
| HOPES, Philip Edward | Director | 1997-02-27 | 1998-09-13 |
| INGRAM, Nigel Jeffrey Martin | Director | 2005-11-09 | 2007-04-27 |
| KERR, Michael David | Director | 1996-01-16 | 1996-01-31 |
| KHADHOURI, Sidney Ezra | Director | 1999-06-30 | 2001-05-24 |
| KHADHOURI, Sidney Ezra | Director | 1996-06-03 | 1997-08-13 |
| MCHUGH, Gerald Martin | Director | 2006-08-16 | 2008-07-31 |
| MIDDLETON, Thomas | Director | 1996-03-18 | 1999-06-30 |
| NICHOLAS, George | Director | 1996-03-18 | 1999-06-30 |
| PATELLIS, George | Director | 2001-05-25 | 2005-11-09 |
| PITOCCO, Dennis James | Director | 1996-03-18 | 2004-05-31 |
| PRUST, John Matthew | Director | 2006-06-30 | 2007-02-23 |
| RUPP, Christopher Gordon | Director | 2006-02-09 | 2008-03-17 |
| RUSSELL, Clive Samuel | Director | 1996-03-18 | 2001-05-24 |
| SAUERWEIN, Richard | Director | 1996-03-18 | 1998-12-11 |
| STEIN, Alfred | Director | 1996-01-31 | 2001-05-21 |
| TAYLOR, Roger John | Director | 2005-11-09 | 2008-06-09 |
| TAYLOR, Roger King | Director | 1997-07-02 | 2001-05-24 |
| TCHENGUIZ, Vincent Aziz | Director | 1996-01-31 | 2001-05-24 |
| WEBSTER, John Alfred | Director | 2001-05-25 | 2005-12-22 |
| WILLIAMS, David | Director | 1998-12-11 | 2001-05-24 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1995-12-14 | 1996-01-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Southern Pacific Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-08-09 | Active |
| Mable Commercial Funding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-02-22 | Ceased 2024-08-09 |
| Preferred Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-02-22 |
Filing timeline
Last 20 of 282 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-04 | DISS40 | gazette | gazette filings brought up to date |
| 2026-01-27 | GAZ1 | gazette | gazette notice compulsory |
| 2025-08-07 | AA | accounts | accounts with accounts type group |
| 2025-06-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-15 | DISS40 | gazette | gazette filings brought up to date |
| 2025-01-28 | GAZ1 | gazette | gazette notice compulsory |
| 2024-10-29 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-08-22 | AP01 | officers | appoint person director company with name date |
| 2024-08-22 | AP01 | officers | appoint person director company with name date |
| 2024-08-13 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-08-13 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-13 | AA | accounts | accounts with accounts type group |
| 2024-04-16 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-02-14 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-02-14 | SH20 | capital | legacy |
| 2024-02-14 | CAP-SS | insolvency | legacy |
| 2024-02-14 | RESOLUTIONS | resolution | resolution |
| 2023-06-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-24 | AA | accounts | accounts with accounts type group |
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.