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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-19 (in 1mo)

Last made up 2025-06-05

Watchouts

None on the register

Cash

£40M

-6.9% vs 2023

Net assets

£14M

+29.6% vs 2023

Employees

0

Average over period

Profit before tax

£3M

-78.1% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £9,243,133£8,354,230
Operating profit
Profit before tax £14,931,529£3,269,521
Net profit £14,931,293£3,269,269
Cash £42,902,189£39,924,714
Total assets less current liabilities £165,947,784£140,875,674
Net assets £11,048,088£14,317,358
Equity £11,048,089£14,317,358
Average employees 00
Wages

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 2023-12-312024-12-31
Net margin 161.5%39.1%
Gearing (liabilities / total assets) 94.4%91.6%
Current ratio 2.58x2.60x

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
Consolidated group
Auditor
MHA Audit Services LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having considered the limited recourse terms of the Loan Notes and the mitigating factors detailed above, the Directors believe that it is appropriate to continue to prepare the financial statements of the Group on a going concern basis. The Directors are confident that balances due from existing business will not be materially affected. The financial statements do not include the adjustments that would result if the Group was unable to continue as a going concern. Details are included within note 1 to the financial statements.”

Group structure

  1. GRIFONAS HOLDINGS LIMITED · parent
    1. Grifonas Finance No.1 PLC 100% · to issue Loan Notes and other loans in order to acquire the legal ownership of a residential mortgage portfolio from the Consignment Deposits and Loan Fund

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 4 resigned

Name Role Appointed Born Nationality
WILMINGTON TRUST SP SERVICES (LONDON) LIMITED Corporate Secretary 2006-05-26
WYNNE, Daniel Jonathan Director 2017-03-24 Sep 1970 British
WILMINGTON TRUST SP SERVICES (LONDON) LIMITED Corporate Director 2006-05-26
Show 4 resigned officers
Name Role Appointed Resigned
FILER, Mark Howard Director 2006-05-26 2017-04-10
MASSON, Sunil Director 2008-01-25 2011-05-04
MCDERMOTT, Martin Director 2011-05-04 2014-12-05
SAMSON, Ruth Louise Director 2006-05-26 2011-05-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Wilmington Trust Sp Services (London) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 57 total filings

Date Type Category Description
2025-08-04 AA accounts Accounts with accounts type group
2025-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-08 AA accounts Accounts with accounts type group
2024-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-11 AA accounts Accounts with accounts type group
2023-06-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-07 AA accounts Accounts with accounts type group
2022-06-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-08-26 AA accounts Accounts with accounts type group
2021-06-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-07 AA accounts Accounts with accounts type group
2020-06-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-07-05 AA accounts Accounts with accounts type group
2019-06-07 CS01 confirmation-statement Confirmation statement with updates PDF
2018-07-05 AA accounts Accounts with accounts type group
2018-06-05 CS01 confirmation-statement Confirmation statement with updates PDF
2017-12-12 CH01 officers Change person director company with change date PDF
2017-07-20 AA accounts Accounts with accounts type group
2017-06-06 CS01 confirmation-statement Confirmation statement with updates PDF
2017-04-27 TM01 officers Termination director company with name termination date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page