RETAIL MERCHANT FINANCE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-15 (in 9mo)
Last made up 2026-02-01
Watchouts
Cash
£22K
-97.7% vs 2023
Net assets
£97M
+11.4% vs 2023
Employees
13
-80.9% vs 2023
Profit before tax
£15M
-34.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- RETAIL MERCHANT FINANCE LIMITED 2007-04-16 → present
- CARD MERCHANT SERVICES LIMITED 2007-02-02 → 2007-04-16
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £19,268,496 | £10,715,794 | |
| Operating profit | £17,792,589 | £9,150,262 | |
| Profit before tax | £22,632,357 | £14,915,842 | |
| Net profit | £20,387,124 | £11,241,372 | |
| Cash | £948,203 | £21,958 | |
| Total assets less current liabilities | £87,202,986 | £97,179,384 | |
| Net assets | £87,202,986 | £97,179,384 | |
| Equity | £87,202,986 | £97,179,384 | |
| Average employees | 68 | 13 | |
| Wages | £5,550,491 | £110,198 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 92.3% | 85.4% | |
| Net margin | 105.8% | 104.9% | |
| Return on capital employed | 20.4% | 9.4% | |
| Current ratio | 18.34x | 29.22x | |
| Interest cover | 280.92x | — |
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
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the company has completed the 2024 statutory accounts on a going concern basis.”
Significant events
- “On 24 June 2025, RMF declared a cash dividend of GBP 0.9 million to Teya Europe. The cash payment occurred on the same day.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MYLREA LOWNDES, Thomas | Director | 2022-07-13 | Aug 1986 | British |
| SEMINARIO, Hanna Elizabeth | Director | 2023-11-02 | Oct 1993 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCOMISH, Paul | Secretary | 2010-07-01 | 2018-12-31 |
| NICHOLLS, Jeremy Jolyon | Secretary | 2019-01-01 | 2022-03-31 |
| POPPLETON, Gareth David | Secretary | 2007-02-02 | 2010-07-01 |
| @UKPLC CLIENT SECRETARY LTD | Corporate Nominee Secretary | 2007-02-02 | 2007-02-02 |
| BUSHELL, Malcolm | Director | 2007-02-02 | 2009-01-08 |
| HARTLEY, Christopher John | Director | 2023-11-02 | 2025-12-31 |
| KOUTERIS, Grigoris | Director | 2022-12-26 | 2023-10-04 |
| MCOMISH, Paul | Director | 2011-01-04 | 2018-12-31 |
| NICHOLLS, Jeremy Jolyon | Director | 2018-08-01 | 2022-03-31 |
| O'KEEFE, Kevin Patrick | Director | 2017-09-28 | 2022-12-26 |
| PINTO, Felipe | Director | 2022-07-13 | 2023-10-09 |
| POPPLETON, Gareth David | Director | 2007-09-19 | 2017-09-28 |
| POSTLE, Michael Edward | Director | 2011-01-04 | 2017-03-01 |
| RIGGALL, Jonathan | Director | 2009-01-28 | 2011-01-04 |
| WATSON, Neil | Director | 2017-09-28 | 2017-12-31 |
| @UKPLC CLIENT DIRECTOR LTD | Corporate Nominee Director | 2007-02-02 | 2007-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Teya Europe Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-20 | Active |
| Retail Merchant Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-12-20 |
Filing timeline
Last 20 of 97 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-10 MA Memorandum articles
- 2025-10-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-10 | MA | incorporation | Memorandum articles | |
| 2025-10-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-09-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-28 | CH01 | officers | Change person director company with change date | |
| 2025-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-20 | CH01 | officers | Change person director company with change date | |
| 2025-02-19 | CH01 | officers | Change person director company with change date | |
| 2025-02-18 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-09 | AA | accounts | Accounts with accounts type full | |
| 2023-11-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
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
-
Turnover
-44.4%
£19,268,496 £10,715,794
-
Cash
-97.7%
£948,203 £21,958
-
Net assets
+11.4%
£87,202,986 £97,179,384
-
Employees
-80.9%
68 13
-
Operating profit
-48.6%
£17,792,589 £9,150,262
-
Profit before tax
-34.1%
£22,632,357 £14,915,842
-
Wages
-98%
£5,550,491 £110,198
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