UK Companies House feature
THE FUNDING CORPORATION LIMITED
Profile
- Company number
- 04055624
- Status
- Active
- Incorporation
- 2000-08-15
- Last accounts made up
- 2024-12-31
- 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
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Therefore, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future and accordingly, they have continued to adopt the going concern basis in preparing the financial statements.”
Subsidiaries
- The Funding Corporation (1) Limited · 100% held · United Kingdom
- The Funding Corporation (2) Limited · 100% held · United Kingdom
- Cygnet Financial Services Limited · 100% held · United Kingdom
- The Funding Corporation (4) Limited · 100% held · United Kingdom
- ACF Car Finance Limited · 100% held · United Kingdom
- The Funding Corporation (Benton) Limited · 100% held · United Kingdom
- County Leasing & Finance Limited · 100% held · United Kingdom
Significant events
- “On the 16 June 2025, all staff employed by The Funding Corporation Limited were transferred to Specialist Motor Finance Services Limited. From this date, there are no staff employed by The Funding Corporation Limited.”
- “On the 6th March 2025, the company reduced the value of its Share Capital with each share reducing in value from £1.00 to £0.01 meaning that the total share capital reduced from £40,732,100 to £407,321. As part of this resolution, the Capital Redemption Reserve reduced from £4,348 to nil. The proceeds of the capital redemption are subsequently treated as distributable reserves of the company”
- “On the 7 March 2025, the company declared a dividend of £8,000,000, the majority of this was settled against balances due from related parties.”
- “During October 2025 The FCA issued a consultation paper (CP25/27) which proposes a redress framework related to historic undisclosed commission arrangements in the motor finance market. A provision of £2.22m is included within these financial statements which represents the directors' best view of the financial liability.”
- “On 11 December 2024, the Supreme Court granted Permission to Appeal in the cases of Hopcraft, Wrench and Johnson. On 1 August 2025 the Supreme Court passed their Judgement on the above cases. The Supreme Court rejected the claims of Hopcraft and Wrench, however they found in favour of Johnson.”
- “The Financial Conduct Authority ("FCA") has issued Consultation Paper CP25/27 - Motor Finance Consumer Redress Scheme, which proposes a redress framework relating to historic undisclosed commission arrangements in the motor finance market.”
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 · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GHARIAL, Harsimar | Secretary | 2025-12-04 | — | — |
| HANLON, Patrick | Director | 2020-10-14 | Apr 1961 | Scottish |
| IMG (UK) HOLDINGS LIMITED | Corporate Director | 2025-01-31 | — | — |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWNING, Robert John | Secretary | 2001-05-04 | 2006-04-27 |
| BUCKLEY, Stephen William | Secretary | 2006-04-27 | 2007-04-04 |
| CLARKE, Adrian Graham | Secretary | 2020-10-15 | 2025-12-04 |
| HALLIWELL, Christopher Roger | Secretary | 2000-11-13 | 2001-05-04 |
| PEARSON, James | Secretary | 2025-12-04 | 2025-12-04 |
| CHALFEN SECRETARIES LIMITED | Corporate Secretary | 2000-08-15 | 2000-11-13 |
| MARTINEAU SECRETARIES LIMITED | Corporate Secretary | 2008-08-01 | 2020-10-15 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2007-05-30 | 2008-07-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2000-08-15 | 2000-08-15 |
| ADAMS, Michael David | Director | 2001-05-04 | 2011-12-31 |
| BAYLEY, Simon | Director | 2021-07-05 | 2025-06-23 |
| BROWNING, Robert John | Director | 2001-05-04 | 2008-06-25 |
| BUCKLEY, Stephen William | Director | 2002-10-07 | 2007-04-04 |
| CHALLINOR, David John | Director | 2001-01-11 | 2021-04-14 |
| EDMISTON, Andrew Martin | Director | 2006-04-27 | 2008-06-25 |
| EDMISTON, Robert Norman, Lord | Director | 2001-05-04 | 2006-04-27 |
| GILLESPIE, Geoffrey | Director | 2001-05-04 | 2007-12-31 |
| HALLIWELL, Christopher Roger | Director | 2000-08-15 | 2002-04-30 |
| HUTTON, Gary Ernest | Director | 2011-12-01 | 2025-12-24 |
| OGDEN, Neil Joseph | Director | 2008-04-25 | 2017-01-16 |
| ROWLEY, James Edward | Director | 2008-02-15 | 2008-06-01 |
| ROWLEY, James Edward | Director | 2000-10-11 | 2008-02-15 |
| TITMUSS, David John | Director | 2000-10-11 | 2006-05-22 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2000-08-15 | 2000-08-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lord Robert Norman Edmiston | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-31 | Active |
| The Funding Corporation Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-12-31 |
Filing timeline
Last 20 of 230 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-28 | AA | accounts | accounts with accounts type group |
| 2026-03-04 | AP03 | officers | appoint person secretary company with name date |
| 2026-03-04 | TM02 | officers | termination secretary company with name termination date |
| 2026-02-11 | TM01 | officers | termination director company with name termination date |
| 2025-12-05 | TM02 | officers | termination secretary company with name termination date |
| 2025-12-05 | AP03 | officers | appoint person secretary company with name date |
| 2025-10-03 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-01 | TM01 | officers | termination director company with name termination date |
| 2025-03-07 | SH20 | capital | legacy |
| 2025-03-07 | SH19 | capital | capital statement capital company with date currency figure |
| 2025-03-07 | CAP-SS | insolvency | legacy |
| 2025-03-07 | RESOLUTIONS | resolution | resolution |
| 2025-02-03 | AP02 | officers | appoint corporate director company with name date |
| 2024-12-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-10-10 | AA | accounts | accounts with accounts type group |
| 2024-10-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-09-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-03 | AA | accounts | accounts with accounts type group |
| 2023-09-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-01-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
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.