UK Companies House feature
FOLK2FOLK LIMITED
Cash
£2M
-14.6% vs 2024
Net assets
£4M
-33.3% vs 2024
Employees
44
0% vs 2024
Profit before tax
£2M
+43% vs 2024
Profile
- Company number
- 08178576
- Status
- Active
- Incorporation
- 2012-08-14
- Last accounts made up
- 2025-01-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Net assets
7-year trend · vs UK Fintech median
Accounts
7-year trend · latest 2025-01-31
| Metric | Trend | 2019-01-30 | 2020-01-30 | 2021-01-31 | 2022-01-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | £1,284,356 | £1,836,672 | |
| Net profit | — | — | — | — | — | £975,825 | £1,370,316 | |
| Cash | — | — | — | — | — | £2,528,342 | £2,159,991 | |
| Total assets less current liabilities | — | — | — | — | — | £6,281,530 | £4,196,938 | |
| Net assets | — | — | — | — | — | £6,141,093 | £4,097,802 | |
| Equity | £446,064 | — | — | — | — | £6,141,093 | £4,097,802 | |
| Average employees | — | — | — | — | — | 44 | 44 | |
| Wages | — | — | — | — | — | — | — |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Saffery 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 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. These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The directors are not aware of material uncertainties which may cause doubt on the company's ability to continue as a going concern.”
Significant events
- “Achieved sustained profitability demonstrates our operational efficiency and market resilience.”
- “Prepared to pay dividends for the fifth consecutive year, reflecting our ongoing financial health and commitment to shareholder value.”
- “Maintained competitive interest rates while proactively engaging with our stakeholders to reinforce our market position.”
- “Received two prestigious awards: "Business Lender of the Year" for the third consecutive year at the Alternative Credit Investor Awards (formerly Peer 2 Peer Finance News Awards) and "Specialist Lender of the Year" by the NACFB Commercial Lender Awards.”
- “Continued investment in our technology infrastructure to enhance delivery service for our investors.”
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 · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHUNG, Kawai | Director | 2025-09-23 | Sep 1978 | British |
| DALY, Alexander James | Director | 2019-09-27 | Jul 1970 | British |
| DINGLE, Graham Merlin | Director | 2019-07-30 | Oct 1953 | British |
| RICHARDS, Claire Louise | Director | 2025-10-06 | Dec 1972 | British |
| SAWYER, Timothy Charles | Director | 2012-10-18 | Feb 1962 | British |
| WARREN, Roy Francis | Director | 2019-08-28 | Apr 1956 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRENCH, Amanda | Secretary | 2016-08-26 | 2017-04-10 |
| WILLETT, Helen | Secretary | 2018-04-20 | 2019-05-08 |
| ABBOTT CHALEW, Justin David | Director | 2019-10-03 | 2025-05-01 |
| BROWN, David Ian | Director | 2013-08-15 | 2017-11-06 |
| CROSS, Giles Marwood | Director | 2017-08-31 | 2019-05-03 |
| DUMERESQUE, Jane Grace | Director | 2015-07-01 | 2017-08-31 |
| MATHERS, Louis Aidan | Director | 2012-08-14 | 2025-03-28 |
| MCCRACKEN, Megan Aileen | Director | 2019-10-21 | 2025-03-31 |
| NEALE, Michael George | Director | 2015-02-02 | 2015-07-31 |
| PARNALL, Jonathan Roger Braddon | Director | 2012-08-14 | 2013-08-15 |
| PARNALL, Robert Mark Braddon | Director | 2012-08-14 | 2019-09-27 |
| STRAW, Karl Anthony | Director | 2017-08-31 | 2018-04-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ronald Adrian Dingle | Individual | Significant influence | 2019-05-20 | Ceased 2019-05-20 |
| Folk Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 118 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-06 | AA01 | accounts | change account reference date company previous extended |
| 2026-01-21 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-11-12 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2025-10-13 | AP01 | officers | appoint person director company with name date |
| 2025-09-30 | CH01 | officers | change person director company with change date |
| 2025-09-29 | AP01 | officers | appoint person director company with name date |
| 2025-07-28 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-05-16 | AA | accounts | accounts with accounts type full |
| 2025-05-01 | TM01 | officers | termination director company with name termination date |
| 2025-04-11 | TM01 | officers | termination director company with name termination date |
| 2025-04-02 | TM01 | officers | termination director company with name termination date |
| 2025-01-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-10 | SH19 | capital | capital statement capital company with date currency figure |
| 2024-09-10 | RESOLUTIONS | resolution | resolution |
| 2024-09-10 | CAP-SS | insolvency | legacy |
| 2024-09-10 | SH20 | capital | legacy |
| 2024-05-24 | AA | accounts | accounts with accounts type full |
| 2024-01-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-01 | AA | accounts | accounts with accounts type full |
| 2023-01-17 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2025-01-31
12.10
SAFE
Altman Z″
- Working capital / Total assets 0.749 × 6.56 = +4.92
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.323 × 6.72 = +2.17
- Book equity / Total liabilities 4.777 × 1.05 = +5.02
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
Filings velocity, capital events, officer churn, accounts trajectory