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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-14 (in 5mo)

Last made up 2025-09-30

Watchouts

None on the register

Cash

£56K

-52.5% vs 2023

Net assets

£50M

-6.5% vs 2023

Employees

Average over period

Profit before tax

-£4M

+66.6% vs 2023

Name history

Renamed 2 times since incorporation

  1. INTRUM UK FINANCE LIMITED 2018-03-01 → present
  2. 1ST CREDIT (FINANCE) LIMITED 2001-03-09 → 2018-03-01
  3. HILLGATE (210) LIMITED 2001-01-12 → 2001-03-09

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £59,161,000£53,954,000
Operating profit £14,418,000£23,411,000
Profit before tax -£12,395,000-£4,137,000
Net profit -£8,632,000-£3,533,000
Cash £118,000£56,000
Total assets less current liabilities £231,953,000£137,514,000
Net assets £54,025,000£50,492,000
Equity £54,025,000£50,492,000
Average employees
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 24.4%43.4%
Net margin -14.6%-6.5%
Return on capital employed 6.2%17.0%
Gearing (liabilities / total assets) 86.3%87.6%
Current ratio 0.89x0.61x
Interest cover 0.53x0.76x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The director believes that the Company will have adequate resources to continue trading for the foreseeable future, supported by confirmation from Intrum AB (publ) for continued liquidity financial support, and a self-funding strategy without additional intercompany loans or portfolio purchases.”

Significant events

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

People

1 active · 21 resigned

Name Role Appointed Born Nationality
DOWN, Douglas James Arthur Director 2025-05-02 Aug 1985 British
Show 21 resigned officers
Name Role Appointed Resigned
DIGHTON, Simon Gerald Secretary 2008-03-31 2016-02-29
MCLAREN, Bruce Secretary 2016-02-29 2019-11-04
NATHOO, Najib Secretary 2001-12-14 2005-05-25
STOREY, Richard Lionel Secretary 2005-05-25 2008-03-31
HILLGATE SECRETARIAL LIMITED Corporate Nominee Secretary 2001-01-12 2001-12-14
APPLEBY, James Alexander William Director 2023-12-15 2025-04-28
ARANGUREN, Francisco Javier Director 2021-01-26 2024-12-20
BRODIN, Johan Director 2017-02-14 2018-02-19
CHRISTOFFERSON, Per Director 2017-02-14 2018-02-19
CLEARY, Michael John Director 2001-12-13 2008-11-03
DIGHTON, Simon Gerald Director 2008-03-28 2016-02-29
ENGDAHL, Anders Eric Director 2018-02-19 2021-01-26
HOLLAND, Charles James Trevenen Director 2001-12-13 2016-02-29
KNOTHE, Marc Director 2018-02-19 2020-09-30
MCLAREN, Bruce Director 2013-09-02 2019-11-04
NATHOO, Najib Abdul Director 2001-12-13 2011-03-01
NOTT, Edward Brian Director 2011-03-03 2023-12-31
STOREY, Richard Lionel Director 2005-02-22 2008-03-31
WILLUMSEN, Anette Director 2020-09-30 2023-10-10
HILLGATE NOMINEES LIMITED Corporate Nominee Director 2001-01-12 2001-12-13
HILLGATE SECRETARIAL LIMITED Corporate Nominee Director 2001-01-12 2001-12-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Intrum Uk Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 175 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-12-29 MA Memorandum articles
  • 2023-12-29 RESOLUTIONS Resolution
Date Type Category Description
2026-05-10 AA accounts Accounts with accounts type full
2025-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-10 AA accounts Accounts with accounts type full
2025-07-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-13 TM01 officers Termination director company with name termination date PDF
2025-05-13 AP01 officers Appoint person director company with name date PDF
2025-01-17 TM01 officers Termination director company with name termination date PDF
2024-10-24 AD03 address Move registers to sail company with new address PDF
2024-10-23 AD02 address Change sail address company with new address PDF
2024-10-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-25 AA accounts Accounts with accounts type full
2024-06-15 DISS40 gazette Gazette filings brought up to date
2024-06-04 GAZ1 gazette Gazette notice compulsory
2024-01-11 TM01 officers Termination director company with name termination date PDF
2023-12-29 MA incorporation Memorandum articles
2023-12-29 RESOLUTIONS resolution Resolution
2023-12-22 AP01 officers Appoint person director company with name date PDF
2023-10-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-10 TM01 officers Termination director company with name termination date PDF
2023-05-02 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page