UK Companies House feature
ALTERNATIVE BRIDGING CORPORATION LIMITED
Profile
- Company number
- 07194858
- Status
- Active
- Incorporation
- 2010-03-18
- Last accounts made up
- 2024-09-30
- Account category
- GROUP
- 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 102
- Reporting scope
- Consolidated (group)
- Auditor
- Grant Harrod Lerman Davis 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 group's and the parent 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
- Property Finance Capital Limited · 100% held · United Kingdom · The provision of short term secured lending.
- Property Finance Nominees (No.3) Limited · 100% held · United Kingdom · The provision of short term secured lending.
- Jaeger Alternative Finance Corporation Limited · 60% held · United Kingdom · The provision of short term secured lending
- Alternative Bridging Corporation (Cheval) Limited · 90% held · United Kingdom · The provision of short term regulated lending.
- Alternative Bridging (UK 1) Limited · 100% held · United Kingdom · The provision of short term secured lending
- Property Finance Capital (No.2) Limited · 100% held · United Kingdom · The provision of short term secured lending
- Alternative Bridging (UK 2) Limited · 100% held · United Kingdom · The provision of short term secured lending
- Property Finance Capital (No.3) Limited · 100% held · United Kingdom · The provision of short term secured lending
- Alternative Bridging (Management) Limited · 75% held · United Kingdom · The provision of short term secured lending
- Alternative Development Finance Limited · 100% held · United Kingdom · The provision of short term secured lending
- Alternative Property Finance Limited · 100% held · United Kingdom · Dormant
Significant events
- “In June we completed on our first private securitisation and sold a portfolio of loans totalling £66,524,160 into the securitisation vehicle, where we remain the loan servicer. Our plan to maximise the benefit of the lower cost of funds within this vehicle and to grow the various loan books across the group. New loan completions have increased since July 2024 and we are now back on track to achieve the growth we have planned for.”
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
7 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SIVASUBRAMANIAN, Laxmi | Secretary | 2022-08-05 | — | — |
| BLOOM, James Philip | Director | 2021-01-18 | Aug 1970 | British |
| KAY, Allan Howard | Director | 2017-04-07 | Dec 1963 | British |
| MELLER, Stephen Daniel | Director | 2010-03-30 | Sep 1967 | British |
| RUBINS, Brian Leslie | Director | 2010-03-30 | Dec 1939 | British |
| RUBINS, Jonathan | Director | 2010-03-30 | May 1967 | British |
| SHARPE, Steven | Director | 2015-06-08 | May 1967 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PIPER, Robert Jeffrey | Secretary | 2014-03-20 | 2022-08-05 |
| DAVIS, Andrew Simon | Director | 2010-03-18 | 2010-03-30 |
| GOODMAN, Paul Warren | Director | 2016-11-21 | 2018-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Southern Group Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-04-20 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-03-02 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-02-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-28 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-09-25 | AD01 | address | change registered office address company with date old address new address |
| 2025-05-13 | AA | accounts | accounts with accounts type group |
| 2025-04-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-06-13 | AA | accounts | accounts with accounts type group |
| 2024-04-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-25 | CH01 | officers | change person director company with change date |
| 2023-06-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
40
COOL
/ 100
- Filings velocity 100
- Capital events 0
- Officer churn 0
- Headcount trajectory 50
- Accounts trajectory 50
- 14 filing(s) in last 12 months