BPCE EQUIPMENT SOLUTIONS UK LIMITED

1. BPCE EQUIPMENT SOLUTIONS UK LIMITED 2025-03-03 → present
2. SOCIETE GENERALE EQUIPMENT FINANCE LIMITED 2011-10-05 → 2025-03-03
3. SG EQUIPMENT FINANCE LIMITED 2004-08-25 → 2011-10-05
4. SOCIETE GENERALE VENDOR SERVICES LIMITED 2001-10-16 → 2004-08-25
5. SOCIETE GENERALE VENDOR FINANCE LIMITED 1998-08-13 → 2001-10-16
6. SGVF HOLDING UK LIMITED 1998-07-07 → 1998-08-13

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have completed a formal assessment of the Company's financial resources, including its budgets and forecasts, as part of their review of the Societe Generale Equipment Finance Limited and its subsidiary, Societe Generale Equipment Finance (December) Limited. This review took place after the sale to Groupe BPCE and after making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Group structure

1. BPCE EQUIPMENT SOLUTIONS UK LIMITED · parent
   1. SG Equipment Finance (December) Limited 1% · UK · Leasing Trading

Significant events

• “On 28 February 2025, Groupe BPCE acquired the equipment finance business of Societe Generale. Following the acquisition, the company's name was changed from Societe Generale Equipment Finance Limited to BPCE Equipment Solutions UK Limited. These events occurred after the reporting date of 31 December 2024 and therefore the Company will be referenced under its former name Societe Generale Equipment Finance Limited.”
• “Following a Supreme Court judgement on 1 August 2025, the FCA is currently considering a financial redress scheme concerning motor finance consumers who may have suffered harm due to what the FCA deem to be unfair commission arrangements.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +28.4%

  £94,810,000 → £121,749,000

• Cash

  +108.3%

  £7,696,000 → £16,031,000

• Net assets

  -10.5%

  £34,527,000 → £30,908,000

• Employees

  +6.3%

  176 → 187

• Operating profit

  +29.1%

  £61,011,000 → £78,768,000

• Profit before tax

  -21.8%

  £20,119,000 → £15,735,000

• Wages

  +12.7%

  £12,091,000 → £13,629,000

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