UK Companies House feature
NOVITAS LOANS LIMITED
Profile
- Company number
- 07959031
- Status
- Active
- Incorporation
- 2012-02-21
- Last accounts made up
- 2025-07-31
- Account category
- FULL
- Primary SIC
- 64929
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“These financial statements have been prepared on a basis other than going concern, reflecting the Board's intention to wind down the Company's operations. The majority of the Company's loan and advances to customers have now been closed and the remaining loans are expected to be closed shortly after the current financial year end. As a result, the Company will cease all ongoing trading activities and does not plan to continue as a going concern.”
Subsidiaries
- Novitas (Salisbury) Ltd · 100% held
Significant events
- “The decision was made to withdraw from the legal services financing market following a strategic review in July 2021... In 2025, the Company settled the disputes with both ATE insurers.”
- “Following the settlements, the Company has determined that the loans and advances covered by the two insurers meet the derecognition criteria...”
- “The Company's focus is on collecting its debtor balances. Once these balances are settled, it is the intention of the Board to liquidate the Company.”
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
2 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENSON, Alex | Director | 2021-11-15 | May 1986 | British |
| REID, Crawford Peter | Director | 2021-07-21 | Apr 1982 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| D'AMBROSIO, Steven | Director | 2017-10-26 | 2020-07-10 |
| DAVISON, Guy Robert John | Director | 2017-05-03 | 2021-02-19 |
| GARDINER, Andrew Ian | Director | 2021-03-29 | 2021-08-19 |
| GERARD, David Joseph | Director | 2023-08-01 | 2025-07-14 |
| PURSLOW, Neil Andrew | Director | 2012-03-26 | 2017-05-03 |
| REEVE, Emma Joan | Director | 2012-11-08 | 2017-05-03 |
| REEVE, Emma Joan | Director | 2012-02-21 | 2012-03-26 |
| REEVE, Jason Colin | Director | 2012-02-21 | 2018-07-31 |
| ROPER, Matthew | Director | 2022-05-10 | 2023-07-31 |
| SAINSBURY, Adrian John | Director | 2017-05-03 | 2020-09-21 |
| THOMSON, David Peter | Director | 2017-05-03 | 2021-07-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Close Brothers Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-03 | Active |
| Novitas (Winchester) Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2017-05-03 |
| Therium (Uk) Holdings Limited | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2017-05-03 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-06 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-12 | AA | accounts | accounts with accounts type full |
| 2025-07-16 | TM01 | officers | termination director company with name termination date |
| 2025-03-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-04 | AA | accounts | accounts with accounts type full |
| 2025-01-02 | CH01 | officers | change person director company with change date |
| 2025-01-02 | CH01 | officers | change person director company with change date |
| 2024-11-27 | AD01 | address | change registered office address company with date old address new address |
| 2024-08-09 | SH01 | capital | capital allotment shares |
| 2024-03-14 | SH01 | capital | capital allotment shares |
| 2024-02-29 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-23 | AA | accounts | accounts with accounts type full |
| 2023-08-01 | AP01 | officers | appoint person director company with name date |
| 2023-07-31 | TM01 | officers | termination director company with name termination date |
| 2023-07-28 | CH01 | officers | change person director company with change date |
| 2023-07-27 | SH01 | capital | capital allotment shares |
| 2023-03-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-01-27 | AA | accounts | accounts with accounts type full |
| 2022-05-18 | AP01 | officers | appoint person director company with name date |
| 2022-04-28 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory