UK Companies House feature
THE HIGHER EDUCATION SECURITISED INVESTMENTS SERIES NO.1 PLC
Profile
- Company number
- 03462571
- Status
- Active
- Incorporation
- 1997-11-07
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has net liabilities as at 31 March 2025 of £251,000 (2024: £437,000). The Company is funded via asset backed floating rate notes. According to the terms of these notes, where there are insufficient funds to repay the notes at maturity (10 April 2028), the Company shall only be obliged to make payments in respect of principal and interest to the extent that it has received funds from the Company's investment in loan notes issued by FFHE. Therefore, the accumulated losses will be ultimately borne by the loan note holders. In addition, the Company has sufficient cash funds to finance its operating expenses. For the reasons listed on page 4, the Directors continue to adopt the going concern basis in preparing the annual report and financial statements. 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 Company's ability to continue as a going concern for a period to 30 September 2026, which is in excess of 12 months from when the financial statements are authorised for issue.”
Significant events
- “On 22 November 2024, the registered office address of the company changed from 6th Floor, 125 London Wall, London United Kingdom, EC2Y 5AS to 4th Floor, 140 Aldersgate Street, London, EC1A 4HY, United Kingdom.”
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
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| APEX TRUST CORPORATE LIMITED | Corporate Secretary | 2014-01-17 | — | — |
| MARTIN, Sean Peter | Director | 2021-01-15 | Feb 1965 | British |
| APEX CORPORATE SERVICES (UK) LIMITED | Corporate Director | 2006-10-31 | — | — |
| APEX TRUST CORPORATE LIMITED | Corporate Director | 2009-09-28 | — | — |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAPITA TRUST SECRETARIES LIMITED | Corporate Secretary | 2009-09-28 | 2014-01-17 |
| CLIFFORD CHANCE SECRETARIES (CCA) LIMITED | Corporate Secretary | 2005-08-23 | 2009-09-28 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Secretary | 1997-11-07 | 2005-08-23 |
| BALDRY, Carl Steven | Director | 2016-02-01 | 2021-01-15 |
| CHARLTON, Peter John | Nominee Director | 1997-11-07 | 1998-02-27 |
| CORRIGAN, Paula Celine | Director | 2015-07-30 | 2016-02-01 |
| FINNEY, David Roger | Director | 1998-02-27 | 2000-03-22 |
| GOWER, Adrian Walton | Director | 2005-02-04 | 2006-10-31 |
| HILLS, Peter Michael | Director | 2000-03-22 | 2004-12-12 |
| HILLS, Peter Michael | Director | 1998-02-27 | 2000-03-22 |
| LAWRENCE, Susan Elizabeth | Director | 2010-07-08 | 2015-07-31 |
| NEEDHAM, Bryan Donald | Director | 1998-02-27 | 2004-07-15 |
| RICHARDS, Martin Edgar | Nominee Director | 1997-11-07 | 1998-02-27 |
| CAPITA TRUST COMPANY LIMITED | Corporate Director | 2004-07-15 | 2009-09-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Higher Education Securitised Investments Series (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-10-06 | AA | accounts | accounts with accounts type full |
| 2024-11-20 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-11-20 | CH02 | officers | change corporate director company with change date |
| 2024-11-20 | CH02 | officers | change corporate director company with change date |
| 2024-11-20 | CH04 | officers | change corporate secretary company with change date |
| 2024-11-18 | AD01 | address | change registered office address company with date old address new address |
| 2024-11-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-10 | AA | accounts | accounts with accounts type full |
| 2023-11-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-11-07 | AA | accounts | accounts with accounts type full |
| 2023-05-18 | AA | accounts | accounts with accounts type full |
| 2023-03-22 | CH04 | officers | change corporate secretary company with change date |
| 2023-03-22 | CH02 | officers | change corporate director company with change date |
| 2023-03-22 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-03-22 | CH02 | officers | change corporate director company with change date |
| 2023-03-20 | AD01 | address | change registered office address company with date old address new address |
| 2022-11-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-11-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-29 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory