IGROUP 8 LIMITED

1. IGROUP 8 LIMITED 2000-09-05 → present
2. MHAL 7 LIMITED 2000-03-27 → 2000-09-05
3. IGROUP FINANCE LIMITED 1999-12-10 → 2000-03-27

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident that the company will have sufficient funds to continue in operational existence for at least 12 months from the date of approval of these financial statements and they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. IGROUP 8 LIMITED · parent
   1. GE Money Servicing Limited 100% · United Kingdom
   2. GE Money Secured Loans Limited 100% · United Kingdom
   3. GE Money Mortgages Limited 100% · United Kingdom
   4. GE Money Home Finance Limited 100% · United Kingdom
   5. GE Money Consumer Lending Limited 100% · United Kingdom

Significant events

• “On 29 February 2024, the company reduced its issued share capital, by cancelling and extinguishing in full 714,500,002 issued ordinary shares of £1 each of the existing 714,500,002 issued and fully paid ordinary shares of £1, resulting in a reduction in the called-up share capital amount from USD 891,696,002 (equivalent to USD 891,696,002) to £1. The company's share capital comprises of 1 ordinary share of £1 each.”
• “On 4 March 2024, the Company received $2,600 million as settlement on maturity of Term loan with GE Capital International Holdings Limited, its immediate parent undertaking.”
• “On 27 March 2024, the Company repaid $90 million of the $100 million RCA loan with GE Ireland USD Holdings Unlimited Company.”
• “On 19 December 2024, the Company received a cash dividend of £100 million (USD equivalent $126 million) from its wholly owned subsidiary GE Money Servicing Limited.”
• “On 9 November 2021, General Electric Company (GE) announced that it would form three global listed companies that are intended to be run independently and focus on the aerospace, healthcare, and energy segments. On 1 January 2023, GE completed the separation of its healthcare business into an independent publicly traded company, GE HealthCare Technologies Inc. (GE HealthCare), and on 2 April 2024, GE completed the separation of its GE Vernova business into an independent publicly traded company, GE Vernova, Inc. (GE Vernova).”

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

Filings

3

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

  -79.8%

  £201,520,385 → £40,619,718

• Cash

  —

  Not reported

• Net assets

  -82.2%

  £2,154,380,282 → £383,047,443

• Employees

  —

  Not reported

• Operating profit

  +1,800.7%

  £1,829,503 → £34,773,165

• Profit before tax

  -50.3%

  £148,132,691 → £73,575,982

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers