ECAPITAL COMMERCIAL FINANCE LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
None on the register
Cash
£2M
+1,695.8% highest in 6 filed years
Net assets
£33M
+9.4% highest in 6 filed years
Employees
118
+5.4% highest in 6 filed years
Profit before tax
£9M
-4.6% vs 2024
Name history
Renamed 3 times since incorporation
- ECAPITAL COMMERCIAL FINANCE LIMITED 2022-04-01 → present
- ADVANTEDGE COMMERCIAL FINANCE LIMITED 2018-01-22 → 2022-04-01
- FACTOR 21 LIMITED 2016-10-28 → 2018-01-22
- FACTOR 21 PLC 2001-04-26 → 2016-10-28
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2025-12-31
| Metric | Trend | 2020-06-30 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £9,916,495 | £17,341,802 | £19,691,189 | £25,446,998 | £27,797,970 | £28,308,326 | |
| Operating profit | £3,178,552 | £5,765,346 | £8,627,568 | £15,022,006 | £14,110,037 | £13,272,093 | |
| Profit before tax | £2,425,570 | £4,709,774 | £6,442,810 | £10,995,364 | £9,775,138 | £9,321,398 | |
| Net profit | £1,940,638 | £3,792,026 | £5,196,125 | £8,397,722 | £7,334,679 | £6,957,946 | |
| Cash | £58,685 | £544,544 | £167,936 | £295,024 | £88,666 | £1,592,291 | |
| Total assets less current liabilities | — | — | — | — | — | — | |
| Net assets | £12,897,563 | £13,698,264 | £16,880,382 | £23,792,604 | £30,402,291 | £33,256,168 | |
| Equity | £12,897,563 | £13,698,264 | £16,880,382 | £23,792,604 | £30,402,291 | £33,256,168 | |
| Average employees | 70 | 74 | 85 | 102 | 112 | 118 | |
| Wages | £3,140,392 | £5,791,597 | £4,598,650 | £5,763,793 | £6,340,249 | £7,479,842 |
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 | 2020-06-30 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 32.1% | 33.2% | 43.8% | 59.0% | 50.8% | 46.9% | |
| Net margin | 19.6% | 21.9% | 26.4% | 33.0% | 26.4% | 24.6% | |
| Interest cover | 4.22x | 5.46x | 3.95x | 3.72x | 3.25x | 3.29x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Conclusions relating to going concern: ...the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 of at least twelve months from when the original financial statements were authorised for issue.”
Significant events
- “Following our acquisition in October 2024, we have successfully integrated Optimum SME Finance Limited. The business has been rebranded as eCapital Commercial Finance (South West) Limited and we are at the latter stage of the full integration into the eCapital business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPEAFI SECRETARIAL LIMITED | Corporate Secretary | 2016-11-30 | — | — |
| CLEAVER, Lisa Marie | Director | 2025-05-16 | Dec 1974 | British |
| DAHILL, Peter | Director | 2024-10-16 | Oct 1980 | American |
| FINN, Mark Lawrence | Director | 2026-04-14 | Feb 1968 | British |
| MCDONALD, John Stephen | Director | 2020-11-27 | Dec 1957 | Canadian |
| TAYLOR, Anne Katherine | Director | 2019-10-28 | Mar 1976 | British |
| TILLING, David James | Director | 2013-04-03 | Dec 1961 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNETT, James Mortimer | Secretary | 2001-04-26 | 2012-09-19 |
| FERNANDES, Herman Joseph | Secretary | 2012-09-19 | 2016-11-11 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2001-04-26 | 2001-04-26 |
| BLACKBURN, Guy Vernon | Director | 2020-06-30 | 2020-11-27 |
| COTTENDEN, Darren John | Director | 2016-11-11 | 2025-11-07 |
| ERRINGTON, Neal | Director | 2007-06-18 | 2024-04-15 |
| ETHELSTON, John Graham | Director | 2001-04-26 | 2016-11-11 |
| ETHELSTON, Nigel Alun | Director | 2001-04-26 | 2016-11-11 |
| GREGORY, Jonathan David Leigh | Director | 2016-11-11 | 2020-06-30 |
| NEELY, Cris | Director | 2020-11-27 | 2024-08-21 |
| PERSSE, Anthony Charles | Director | 2025-05-16 | 2026-03-31 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Director | 2001-04-26 | 2001-04-26 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2001-04-26 | 2001-04-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ecapital 3415 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-11 | Active |
| Mr John Graham Ethelston | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-11-11 |
| Mr Nigel Ethelston | Individual | Voting 25–50% | 2016-04-06 | Ceased 2016-11-11 |
Filing timeline
Last 20 of 144 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AA | accounts | Accounts with accounts type full | |
| 2026-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-28 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-05 | CH01 | officers | Change person director company with change date | |
| 2023-04-13 | AA | accounts | Accounts with accounts type full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+1.8%
£27,797,970 £28,308,326
highest in 6 filed years
-
Cash
+1,695.8%
£88,666 £1,592,291
highest in 6 filed years
-
Net assets
+9.4%
£30,402,291 £33,256,168
highest in 6 filed years
-
Employees
+5.4%
112 118
highest in 6 filed years
-
Operating profit
-5.9%
£14,110,037 £13,272,093
-
Profit before tax
-4.6%
£9,775,138 £9,321,398
-
Wages
+18%
£6,340,249 £7,479,842
highest in 6 filed years
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