UK Companies House feature
RIVERS FINANCE GROUP PLC
Cash
£40K
-59.5% vs 2024
Net assets
£2M
-1.5% vs 2024
Employees
3
0% vs 2024
Profit before tax
—
Period ending 2025-03-31
Profile
- Company number
- 04567000
- Status
- Active
- Incorporation
- 2002-10-18
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 64910
- Hubs
- UK Fintech
Net assets
3-year trend · vs UK Fintech median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | £54,303 | £2,830 | |
| Cash | £6,166 | £99,349 | £40,201 | |
| Total assets less current liabilities | — | £2,801,809 | £2,774,389 | |
| Net assets | — | £1,801,809 | £1,774,389 | |
| Equity | — | £1,801,809 | £1,774,389 | |
| Average employees | — | 3 | 3 | |
| Wages | — | £0 | £124,896 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- KLSA LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group has a history of meeting all obligations when they fall due and strong lending and growth in the business ensure it is able to expand operations and continue with its impeccable debt service record. ... The financial statements are therefore prepared on a going concern basis.”
Subsidiaries
- Rivers SPV Limited · 100% held · England and Wales · Equipment leasing company
- Rivers Funding Limited · 100% held · England and Wales · Finance company
- Rivers Finance Limited · 100% held · England and Wales · Finance company
- Rivers Leasing PLC · 100% held · England and Wales · Equipment leasing company
- Rivers SPV2 Limited · 100% held · England and Wales · Finance company
Significant events
- “The Directors have successfully increased facilities from existing bank furiding lines and are currently in the process of adding new facilities to suppor: its future growth in lending.”
- “investment in IT systems to digitalise the business at this stage are now nearly complete while the refurbished offices are completed.”
- “Customers payment performance has returned to normalised levels, the group has been successful in the year of recovering £679,749 (2024: £331,484) of previously written off bad debt.”
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
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NICHOLSON, John | Secretary | 2013-08-14 | — | — |
| BASSETT, Stephen Charles | Director | 2021-11-02 | Oct 1953 | British |
| DARYANI, Ratankumar | Director | 2012-02-10 | Aug 1960 | British |
| FRIEND, Michael David | Director | 2013-08-27 | Feb 1958 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DARYANI, Pushpa | Secretary | 2012-08-31 | 2013-08-14 |
| DARYANI, Ratankumar | Secretary | 2002-10-18 | 2012-08-31 |
| SDG SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-10-18 | 2002-10-18 |
| DARYANI, Padu Gobind | Director | 2008-05-30 | 2010-09-06 |
| DARYANI, Pushpa | Director | 2010-09-06 | 2012-08-31 |
| DARYANI, Pushpa | Director | 2002-10-18 | 2008-05-30 |
| DARYANI, Ratankumar | Director | 2002-10-18 | 2010-09-06 |
| SDG REGISTRARS LIMITED | Corporate Nominee Director | 2002-10-18 | 2002-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| G H Daryani & Co. Limited | Corporate entity | Significant influence | 2024-02-08 | Active |
| Mr Ratankumar Daryani | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 130 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-19 | CH01 | officers | change person director company with change date |
| 2025-07-25 | AA | accounts | accounts with accounts type group |
| 2025-02-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-08 | AA | accounts | accounts with accounts type group |
| 2024-02-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-02-08 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-02-08 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2023-08-08 | AA | accounts | accounts with accounts type group |
| 2023-02-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-08-25 | AA | accounts | accounts with accounts type group |
| 2022-02-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-11-03 | AP01 | officers | appoint person director company with name date |
| 2021-10-15 | MA | incorporation | memorandum articles |
| 2021-10-15 | RESOLUTIONS | resolution | resolution |
| 2021-09-25 | AA | accounts | accounts with accounts type group |
| 2021-06-18 | SH01 | capital | capital allotment shares |
| 2021-06-18 | MA | incorporation | memorandum articles |
| 2021-06-18 | RESOLUTIONS | resolution | resolution |
| 2021-06-18 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory