UK Companies House feature
IGNITION CREDIT PLC
Profile
- Company number
- 04315993
- Status
- Active
- Incorporation
- 2001-11-02
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64910
- 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
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis, the directors continue to adopt the going concern basis in preparing Ignition's 2024 financial statements.”
Subsidiaries
- First Capital Finance Limited · 100% held · Other financial service activities
- First Capital Leasing Limited · 100% held · Dormant
- Ignition Automotive Limited · 100% held · Dormant
Significant events
- “Following a decision by the FCA in January 2024 to investigate the use of Discretionary Commission Arrangements (DCA), the FCA have confirmed that they may consult on an industry-wide redress scheme, and that their decision on whether to proceed with a redress scheme will be announced within six weeks of the Supreme Court ruling (see (2) below).”
- “A judgement by the Court of Appeal in October 2024 that motor dealers owe a fiduciary duty to the customer when arranging finance, and that it is unlawful for motor dealers to receive commission from lenders providing motor finance without disclosing the commission to the customer and obtaining their consent to that payment.”
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 · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAUNTER, Paul | Director | 2009-03-20 | Dec 1971 | British |
| DEVOY, Sean Michael, Mr. | Director | 2018-11-29 | Feb 1967 | British |
| SWIFT, Stephen | Director | 2024-08-05 | Dec 1964 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUMPREYS, Vida Kim | Secretary | 2001-11-02 | 2005-05-19 |
| HUNT, Steven Charles | Secretary | 2006-05-31 | 2020-01-11 |
| WILLIAMSON, Mark | Secretary | 2005-05-18 | 2006-05-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2001-11-02 | 2001-11-02 |
| GOUGH, Paul | Director | 2015-03-31 | 2020-11-30 |
| HIGGINBOTHAM, James | Director | 2020-11-30 | 2024-04-30 |
| HUMPREYS, Wayne Alan | Director | 2001-11-02 | 2005-05-19 |
| HUNT, Steven Charles | Director | 2005-07-07 | 2020-01-11 |
| TUTTE, Alan Edward | Director | 2001-11-02 | 2018-03-31 |
| WILLIAMSON, Mark | Director | 2005-05-18 | 2006-05-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2001-11-02 | 2001-11-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Marie-Louise Mallin | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-04-16 |
| Star Asset Finance Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-12-07 |
| Mr Anthony Granville Mallin | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-05 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2025-11-19 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-11-19 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-11-19 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2025-11-19 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-06-12 | AA | accounts | accounts with accounts type full |
| 2025-03-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-20 | AP01 | officers | appoint person director company with name date |
| 2024-06-24 | AA | accounts | accounts with accounts type small |
| 2024-05-17 | TM01 | officers | termination director company with name termination date |
| 2024-04-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-13 | AA | accounts | accounts with accounts type group |
| 2023-03-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-19 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-07-05 | AA | accounts | accounts with accounts type group |
| 2022-03-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-06-03 | AA | accounts | accounts with accounts type group |
| 2021-04-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-12-16 | AP01 | officers | appoint person director company with name date |
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.