UK Companies House feature
PREMFINA LIMITED
Cash
£4M
+2.2% vs 2023
Net assets
-£41M
-178.1% vs 2023
Employees
126
+27.3% vs 2023
Profit before tax
-£26M
-37.5% vs 2023
Profile
- Company number
- 07208343
- Status
- Active
- Incorporation
- 2010-03-30
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | -£19,156,902 | -£26,342,439 | |
| Net profit | — | -£3,494,207 | — | — | -£19,156,902 | -£26,342,439 | |
| Cash | — | £3,882,802 | £1,419,735 | — | £4,274,987 | £4,368,231 | |
| Total assets less current liabilities | — | £191,430 | £16,232,121 | — | -£14,787,249 | -£41,134,195 | |
| Net assets | — | £146,430 | £16,196,926 | — | -£14,791,756 | -£41,134,195 | |
| Equity | £1,640,637 | £146,430 | £16,196,926 | £4,365,146 | -£14,791,756 | -£41,134,195 | |
| Average employees | — | 25 | 28 | — | 99 | 126 | |
| Wages | — | — | — | — | £7,758,785 | £8,497,855 |
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
- UHY Ross Brooke
- 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
- PremFina Bond 1 Limited · 100% held · England and Wales · Intermediary bond holding company
- PremFina Bond 2 Limited · 100% held · England and Wales · Dormant company
- PremFina Bond 3 Limited · 100% held · England and Wales · Dormant company
Significant events
- “No significant change in the nature of these activities occurred during the year.”
- “There were no material post balance sheet 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
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALLIDUS SECRETARIES LIMITED | Corporate Secretary | 2022-01-01 | — | — |
| BISHOP, Sharon Patricia | Director | 2022-01-29 | Jan 1964 | British |
| LESLIE, Natalie Claire, Mrs | Director | 2023-08-14 | Jan 1980 | British |
| MAROCK, David Gideon | Director | 2022-07-26 | Nov 1970 | British |
| MEDHURST, Danielle | Director | 2024-03-05 | Jul 1990 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RAYMOND, Della Michelle | Secretary | 2010-03-30 | 2010-04-14 |
| ARTHUR, Stuart Colin | Director | 2010-03-30 | 2010-04-14 |
| AUGER, Paul James | Director | 2010-04-14 | 2014-12-04 |
| DAVIS, Andrew Simon | Director | 2010-03-30 | 2010-03-30 |
| GRAHAM, Martin | Director | 2018-12-31 | 2022-08-01 |
| KELLY, Gillian Elizabeth | Director | 2022-02-07 | 2023-10-11 |
| MARTIN, Andrew Joseph | Director | 2017-09-14 | 2018-10-15 |
| MCCANN, Stephen John | Director | 2014-12-04 | 2021-06-25 |
| NARWAL, Ranjit Singh | Director | 2013-04-24 | 2014-12-04 |
| RANGAR, Bundeep Singh | Director | 2014-12-04 | 2022-05-16 |
| SNELL, Howard Peter | Director | 2011-03-01 | 2017-07-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Bundeep Singh Rangar | Individual | Shares 25–50%, ownership-of-shares-25-to-50-percent-as-firm, Voting 25–50%, voting-rights-25-to-50-percent-as-trust, voting-rights-25-to-50-percent-as-firm, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2020-07-31 | Ceased 2021-07-20 |
| Ixl International Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2020-07-31 |
| Premfina Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 165 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-03 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-09-27 | AA | accounts | accounts with accounts type full |
| 2025-04-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-26 | AA | accounts | accounts with accounts type full |
| 2024-04-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-12 | AP01 | officers | appoint person director company with name date |
| 2023-10-12 | TM01 | officers | termination director company with name termination date |
| 2023-09-22 | AA | accounts | accounts with accounts type small |
| 2023-08-18 | AP01 | officers | appoint person director company with name date |
| 2023-06-16 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-04-17 | CH04 | officers | change corporate secretary company with change date |
| 2023-04-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-09-29 | AA | accounts | accounts with accounts type small |
| 2022-09-20 | AP01 | officers | appoint person director company with name date |
| 2022-09-14 | TM01 | officers | termination director company with name termination date |
| 2022-06-14 | AD01 | address | change registered office address company with date old address new address |
| 2022-05-18 | SH01 | capital | capital allotment shares |
| 2022-05-17 | TM01 | officers | termination director company with name termination date |
| 2022-04-12 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-2.29
DISTRESS
Altman Z″
- Working capital / Total assets -0.294 × 6.56 = -1.93
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.023 × 6.72 = -0.15
- Book equity / Total liabilities -0.195 × 1.05 = -0.20
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
Composite activity score · components 0–100 · reference 2026-05-10
17.8
COLD
/ 100
- Filings velocity 25
- Capital events 0
- Officer churn 0
- Headcount trajectory 77
- Accounts trajectory 0
- 3 filing(s) in last 12 months
- Employees +27% YoY
- Net Assets -178% YoY