UK Companies House feature
NEWFOUND BAY LIMITED
Profile
- Company number
- 05370022
- Status
- Active
- Incorporation
- 2005-02-18
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation, based on current and anticipated future performance, capital and liquidity position that the Company will continue in operational existence for a period of at least 12 months from the date of approval of the annual report and financial statements.”
Significant events
- “On 25 April 2024, the Company's board approved the change in operations of the Company to facilitate EUR denominated lending in the EMEA Mortgages business. To support this new business activity, the functional currency of the Company was changed from USD to EUR and as a result EUR 287K expense was recognised as an item of other comprehensive income for 2023. In addition, to fund the transfer of EUR 3,462M mortgage assets to the entity from the Swiss entity Blue Finn S.à.r.l., which is also a wholly owned subsidiary of BANA, the Company availed of an intercompany loan of EUR 2,962M from its parent and issued a further EUR 500M equity to its parent.”
- “As at 31 December 2024, the Company has undrawn commitments to third parties of €43,428,000 (2023: € NIL).”
- “On 25 April 2024, to support new business activity, the Company issued a further EUR 500M equity to its parent.”
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 · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MERRILL LYNCH CORPORATE SERVICES LIMITED | Corporate Secretary | 2017-10-23 | — | — |
| BUNDU-KAMARA, Ibrahim | Director | 2026-03-18 | Jul 1987 | British |
| MCQUALTER, Jonathon Fleay | Director | 2021-12-21 | Dec 1979 | Australian |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAMASO, Christel | Secretary | 2008-06-30 | 2013-04-23 |
| RITCHIE, Keith Archibald | Secretary | 2005-04-13 | 2008-06-30 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Secretary | 2005-02-18 | 2005-04-13 |
| BLOKLAND, Raymond | Director | 2015-06-01 | 2017-10-23 |
| BLOKLAND, Raymond | Director | 2013-09-01 | 2014-09-15 |
| COTONET, Andrei | Director | 2021-12-21 | 2026-03-18 |
| DAMASO, Christel | Director | 2008-06-30 | 2013-04-23 |
| DAVIES, Gareth John | Director | 2005-04-13 | 2007-03-22 |
| DURUSU, Faruk | Director | 2008-06-30 | 2015-03-09 |
| FITCH, Matthew Scott | Director | 2008-06-30 | 2014-09-05 |
| GOODSELL, Joanne Ruth | Director | 2017-10-23 | 2018-06-29 |
| GOODSELL, Joanne Ruth | Director | 2014-10-21 | 2017-09-29 |
| GOODSELL, Joanne Ruth | Director | 2008-06-19 | 2012-01-01 |
| KNEPPER, Guy | Director | 2015-03-09 | 2015-05-31 |
| LEE, Jonathan Howard Redvers | Director | 2017-10-23 | 2021-09-01 |
| MILLETT, Richard | Director | 2007-04-30 | 2007-10-31 |
| NEWTON, Karel Lynn | Director | 2005-04-13 | 2008-06-19 |
| OKOBIA, Armstrong Ebelechukwu | Director | 2008-09-11 | 2012-09-27 |
| PETRIE, Gregory | Director | 2013-09-02 | 2014-10-21 |
| RITCHIE, Keith Archibald | Director | 2005-04-13 | 2008-06-30 |
| SCOTT, Emma Louisa | Director | 2019-04-26 | 2021-12-21 |
| SPRING, David Alan | Director | 2018-06-29 | 2019-03-12 |
| SZYLAR, Christian, Mr. | Director | 2017-09-29 | 2017-10-23 |
| ALNERY INCORPORATIONS NO 1 LIMITED | Corporate Nominee Director | 2005-02-18 | 2005-04-13 |
| ALNERY INCORPORATIONS NO 2 LIMITED | Corporate Nominee Director | 2005-02-18 | 2005-04-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bank Of America Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 142 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-26 | TM01 | officers | termination director company with name termination date |
| 2026-03-26 | AP01 | officers | appoint person director company with name date |
| 2025-11-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-05 | AA | accounts | accounts with accounts type full |
| 2025-03-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-23 | AA | accounts | accounts with accounts type full |
| 2024-05-09 | SH01 | capital | capital allotment shares |
| 2024-05-09 | RESOLUTIONS | resolution | resolution |
| 2024-03-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-15 | RESOLUTIONS | resolution | resolution |
| 2024-03-14 | SH14 | capital | capital redomination of shares |
| 2023-07-25 | AA | accounts | accounts with accounts type full |
| 2023-03-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-14 | AA | accounts | accounts with accounts type full |
| 2022-03-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-12-22 | TM01 | officers | termination director company with name termination date |
| 2021-12-22 | AP01 | officers | appoint person director company with name date |
| 2021-12-22 | AP01 | officers | appoint person director company with name date |
| 2021-09-28 | AA | accounts | accounts with accounts type full |
| 2021-09-24 | CS01 | confirmation-statement | confirmation statement with no updates |
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.