UK Companies House feature
ROMACO LIMITED
Cash
£865K
+51.5% vs 2023
Net assets
£2M
+21% vs 2023
Employees
65
+10.2% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 07232590
- Status
- Active
- Incorporation
- 2010-04-22
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- 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 | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | £1,573,326 | £852,428 | |
| Cash | £226,535 | £239,351 | — | £254,423 | £571,081 | £865,348 | |
| Total assets less current liabilities | £183,562 | £147,928 | — | — | £5,162,385 | £5,656,740 | |
| Net assets | £181,150 | £139,157 | — | — | £1,664,622 | £2,014,507 | |
| Equity | £181,150 | £139,157 | £3,700,213 | £5,425,962 | £1,664,622 | £2,014,507 | |
| Average employees | 25 | 31 | — | — | 59 | 65 | |
| Wages | — | — | — | — | £1,716,456 | £3,622,762 |
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
- Consolidated (group)
- Auditor
- Lopian Gross Barnett & Co
- 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 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
- Romaco SPV 1 Limited · 100% held · England & Wales
- Romaco SPV 2 Limited · 100% held · England & Wales
- Romaco SPV 3 Limited · 100% held · England & Wales
- Romaco SPV 4 Limited · 100% held · England & Wales
- Romaco SPV 5 Limited · 100% held · England & Wales
- Romaco SPV 6 Limited · 100% held · England & Wales
- Romaco SPV 8 Limited · 100% held · England & Wales
- Romaco SPV 9 Limited · 100% held · England & Wales
- Roma Planning Limited · 65% held · England & Wales
- Romaco SPV 10 Limited · 100% held · England & Wales
Significant events
- “In December 2024 a further bank facility of £100m was provided by NatWest and this extends the total facilities available to the Group to around £400m. This has facilitated the launch of several new products, including RomaFlow, RomaGrow and RomaPro and new Revolving Credit Facility that enables drawdown funding within 48 hours.”
- “The senior team has been extended and strengthened by the appointment of a Technology & Data Director, People Director, Commercial Director, Finance Director and Head of Sales... New products continue to be launched including RomaGrow and RomaPro that followed the launch of RomaFlow last year. A Revolving Credit Facilty has also been added to the product suite...”
- “Investment in Technology is another key area for the business. This has included Cyber Essentials, disaster recovery, data integrity, wider use of PowerBI, new phone & CRM systems and a new corporate Portal has been developed during the period.”
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
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMART SOL SERVICES LTD | Corporate Secretary | 2019-03-14 | — | — |
| ALLISON, Michael John | Director | 2024-03-01 | Nov 1978 | British |
| HODARI, Philip Isaac | Director | 2010-06-08 | Jan 1961 | British |
| MARSHALL, Scott James | Director | 2012-02-29 | Mar 1974 | British |
| RICHARDSON, Keith John | Director | 2014-03-06 | Sep 1959 | British |
| SEVERS, Matthew David James | Director | 2024-03-01 | Oct 1977 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LITTMAN, Wendy | Secretary | 2012-01-04 | 2019-03-14 |
| BAKER, Stephen Paul | Director | 2016-10-06 | 2018-06-01 |
| BERNBAUM, Kevin Barry | Director | 2020-09-21 | 2024-11-26 |
| HALLIWELL, Mark | Director | 2010-04-22 | 2010-06-08 |
| HODARI, Alan Felix | Director | 2012-02-29 | 2014-11-11 |
| HODARI, Alan Felix | Director | 2010-06-08 | 2011-12-31 |
| JONES, Nicholas | Director | 2020-09-21 | 2021-04-19 |
| LEWIS, Stephen Brian | Director | 2017-09-19 | 2019-01-31 |
| HALLIWELLS DIRECTORS LIMITED | Corporate Director | 2010-04-22 | 2010-06-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Philip Isaac Hodari | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-02-23 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-02-11 | RESOLUTIONS | resolution | resolution |
| 2026-02-10 | SH06 | capital | capital cancellation shares |
| 2026-02-10 | SH03 | capital | capital return purchase own shares |
| 2025-08-12 | AA | accounts | accounts with accounts type group |
| 2025-06-04 | SH03 | capital | capital return purchase own shares |
| 2025-05-12 | RESOLUTIONS | resolution | resolution |
| 2025-05-08 | SH06 | capital | capital cancellation shares |
| 2025-04-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-02-04 | SH03 | capital | capital return purchase own shares |
| 2024-12-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-18 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-10 | RESOLUTIONS | resolution | resolution |
| 2024-12-09 | SH06 | capital | capital cancellation shares |
| 2024-12-03 | TM01 | officers | termination director company with name termination date |
| 2024-11-13 | SH03 | capital | capital return purchase own shares |
| 2024-11-01 | SH06 | capital | capital cancellation shares |
| 2024-10-27 | MA | incorporation | memorandum articles |
| 2024-10-27 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory