Cash

£45K

+41% vs 2021

Net assets

£465K

+236.8% vs 2021

Employees

4

-20% vs 2021

Profit before tax

£223K

+125.9% vs 2021

Profile

Company number
05572801
Status
Active
Incorporation
2005-09-23
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
64999
Hubs
UK Fintech

Net assets

7-year trend · vs UK Fintech median

£0£250k£500k2019201920202020202120212022
AVINGTON FINANCIAL LIMITED

Accounts

7-year trend · latest 2022-12-31

Metric Trend 2019-01-012019-12-312020-01-012020-12-312021-01-012021-12-312022-12-31
Turnover £399,489£401,236£457,821£1,465,379
Operating profit -£1,466,629-£882,709-£810,286£275,977
Profit before tax -£1,513,103-£932,105-£862,150£223,224
Net profit -£1,513,103-£932,105-£862,150£223,224
Cash £30,069£39,732£39,732£4,338£4,338£31,944£45,030
Total assets less current liabilities £854,828£747,121
Net assets -£133,128-£290,233-£339,883£464,800
Equity £235,015-£133,128-£133,128-£290,233-£290,233-£339,883£464,800
Average employees 5554
Wages £770,124£455,611£461,812£314,366

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
Standalone (parent only)
Auditor
Henton & Co LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”

Subsidiaries

Significant events

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

2 active · 2 resigned

Name Role Appointed Born Nationality
MONGEAU, Caroline Director 2013-07-09 Nov 1983 British
MONGEAU, David Charles Director 2005-09-23 Jul 1956 Canadian,Belgian
Show 2 resigned officers
Name Role Appointed Resigned
TALALLA, Andrew Piers Hewage Secretary 2005-09-23 2015-03-05
TALALLA, Andrew Piers Hewage Director 2005-09-23 2015-03-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mrs Rose Mongeau Individual Shares 25–50% 2016-04-06 Active
Mr David Charles Mongeau Individual ownership-of-shares-50-to-75-percent-as-firm, Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 183 total filings

Date Type Category Description
2025-10-04 CS01 confirmation-statement confirmation statement with no updates
2025-09-29 AA accounts accounts with accounts type full
2024-10-03 AA accounts accounts with accounts type full
2024-09-28 CS01 confirmation-statement confirmation statement with no updates
2023-10-06 CS01 confirmation-statement confirmation statement with updates
2023-09-27 AA accounts accounts with accounts type full
2023-04-04 SH20 capital legacy
2023-04-04 SH19 capital capital statement capital company with date currency figure
2023-04-04 CAP-SS insolvency legacy
2023-04-04 RESOLUTIONS resolution resolution
2023-02-21 MR04 mortgage mortgage satisfy charge full
2022-10-24 RESOLUTIONS resolution resolution
2022-10-21 SH01 capital capital allotment shares
2022-09-28 AA accounts accounts with accounts type full
2022-09-25 CS01 confirmation-statement confirmation statement with updates
2022-05-26 SH01 capital capital allotment shares
2022-05-26 AD01 address change registered office address company with date old address new address
2022-05-05 AD01 address change registered office address company with date old address new address
2022-04-05 SH01 capital capital allotment shares
2022-02-05 SH01 capital capital allotment shares

Credit score

Altman Z″ (private-firm) · reference 2022-12-31

8.19

SAFE

Altman Z″

  • Working capital / Total assets 0.927 × 6.56 = +6.08
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.221 × 6.72 = +1.48
  • Book equity / Total liabilities 0.592 × 1.05 = +0.62

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page