MORTGAGE ADVICE BUREAU LIMITED

1. MORTGAGE ADVICE BUREAU LIMITED 2007-01-10 → present
2. KEY FS LIMITED 2001-05-02 → 2007-01-10
3. MORTGAGE ADVICE BUREAU LIMITED 2000-10-25 → 2001-05-02
4. MORTGAGE ADVICE BUREAU FRANCHISE LIMITED 1998-01-22 → 2000-10-25
5. 1001 MORTGAGES LIMITED 1997-05-09 → 1998-01-22

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed the Company and its wider Mortgage Advice Bureau (Holdings) plc group's financial prospects until 31 December 2026, considering the current operating environment, and impact of the ongoing geopolitical and macroeconomic uncertainties. The Directors' assessment includes a review of the Board approved Group and Company plan, principal risks and uncertainties as well as a review of profitability, cash flows, regulatory capital requirements and compliance with borrowing covenants under the Group's current debt facility.”

Group structure

1. MORTGAGE ADVICE BUREAU LIMITED · parent
   1. Mortgage Advice Bureau (Derby) Limited 100% · Provision of financial services
   2. Capital Protect Limited 100% · Provision of financial services
   3. MABWM Limited 100% · Provision of financial services
   4. Mortgage Advice Bureau Australia (Holdings) PTY limited 100% · Intermediate holding company
   5. Mortgage Advice Bureau PTY Limited 100% · Holding of intellectual property
   6. First Mortgage Direct Limited 100% · Provision of financial services
   7. First Mortgage Limited 100% · Provision of financial services
   8. Property Law Centre Limited 100% · Provision of financial services
   9. Mortgage Advice Bureau (UK) Limited 100% · Dormant
   10. MAB (Derby) Limited 100% · Dormant
   11. MAB 1 Limited 100% · Dormant
   12. MAB Financial Planning Limited 100% · Dormant
   13. First Mortgage Shop Limited 100% · Dormant
   14. First Mortgages Limited 100% · Dormant
   15. Fresh Start Finance Limited 100% · Dormant
   16. Mortgage Advice Bureau (Bristol) Ltd 100% · Dormant
   17. MAB Private Finance Limited 100% · Dormant
   18. Vita Financial Limited 75% · Provision of financial services
   19. BPR Protect Limited 75% · Provision of financial services
   20. Company Protection Limited 56.3% · Provision of financial services
   21. Aux Group Limited 75% · Provision of financial services
   22. Auxilium Partnership Limited 75% · Provision of financial services
   23. Project Finland Topco Limited 84.3% · Intermediate holding company
   24. Project Finland Bidco Limited 84.3% · Intermediate holding company
   25. The Fluent Money Group Limited 84.3% · Intermediate holding company
   26. Fluent Mortgages Holdings Limited 84.3% · Intermediate holding company
   27. Fluent Mortgages Limited 84.3% · Provision of financial services
   28. Fluent Mortgages Horwich Ltd 84.3% · Provision of financial services
   29. Fluent Lifetime Limited 84.3% · Provision of financial services
   30. Fluent Money Limited 84.3% · Provision of financial services
   31. Fluent Loans Limited 84.3% · Provision of financial services
   32. Fluent Bridging Limited 84.3% · Provision of financial services

Significant events

• “On 4 April 2025, the Company increased its shareholding in Heron Financial Limited by 25.5% to 74.5% for total consideration of £1.2m.”
• “In May 2025, the Company declared and paid a dividend of £8.4m to its immediate parent company, Mortgage Advice Bureau (Holdings) plc.”
• “On 20 June 2025, the Company acquired 49% of The Mortgage Mum Holdings Limited for a consideration of £0.5m, on the same date a put and call option was entered into to acquire a further 26% of the share capital.”
• “On 19 September 2025, the Company acquired an additional 51% interest in Evolve FS Limited ("Evolve") for an initial cash consideration of £0.8m, increasing its holding from 49% to 100%.”
• “On 19 September 2025, the Company acquired an additional 40% interest in Meridian Holdings Group Limited for an initial cash consideration of £1.3m, increasing its ownership from 40% to 80%.”

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

Filings

5

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

  +3.7%

  £114,343,000 → £118,571,000

• Cash

  +8.9%

  £20,580,000 → £22,415,000

• Net assets

  +84.5%

  £18,666,000 → £34,443,000

• Employees

  +5.5%

  275 → 290

• Operating profit

  +2.9%

  £7,942,000 → £8,170,000

• Profit before tax

  +35%

  £21,812,000 → £29,444,000

• Wages

  +21.8%

  £15,177,000 → £18,489,000

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