UK Companies House feature
STARTLINE MOTOR FINANCE LIMITED
Profile
- Company number
- 08302453
- Status
- Active
- Incorporation
- 2012-11-21
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64910
- 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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis, and the Directors are satisfied that the Group and Company have the resources to continue in business for the foreseeable future (being 12 months from the date of signing of the financial statements).”
Subsidiaries
- Startline Auto Receivables Limited · Asset financing business
- Satus 2021-1 Plc · Securitisation entity
- Satus 2024-1 Plc · Securitisation entity
Significant events
- “In April 2024, under the terms of the Receivables Sale and Purchase Deed (dated 30 April 2024), the Group completed its second public asset backed securitisation by selling £446.2m of hire purchase ("HP") and personal contract purchase ("PCP") receivables to Satus 2024-1.”
- “The Group also successfully renewed its Senior Note Issuance Facility with JP Morgan in October 2024. The facility limit is £475m and has a five-year term.”
- “Additionally, and as permitted by the transaction documents, the Group exercised the portfolio repurchase option on Satus 2021-1 on 18 November 2024. This option resulted in the remaining outstanding notes (Classes D through F) being redeemed in full along with any accrued interest.”
- “On 11 January 2024, the FCA commenced a review into historical motor finance discretionary commission arrangements ("DCAs") and paused the handling of any complaints relating to the use of DCAs until September 2024.”
- “On 25 October 2024, the Court of Appeal ("CoA") handed down its judgement in the cases of Johnson, Wrench, and Hopcraft.”
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 · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HANNAH, Alasdair James | Secretary | 2013-06-12 | — | — |
| BURGESS, Paul William | Director | 2012-11-21 | Oct 1969 | Scottish |
| HANNAH, Alasdair | Director | 2021-09-14 | Aug 1974 | British |
| IZHAKOFF, Joseph | Director | 2013-07-09 | Jan 1966 | American |
| SCHERER, John | Director | 2013-10-01 | Apr 1956 | American |
| SINCLAIR, John Barclay | Director | 2013-10-01 | Feb 1947 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURDELL, Selina Lee | Director | 2013-10-01 | 2020-11-30 |
| HANNAH, Alasdair James | Director | 2013-07-09 | 2013-10-01 |
| LF OUTSOURCING HOLDINGS LIMITED | Corporate Director | 2012-11-21 | 2013-07-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Seth Andrew Klarman | Individual | Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-05 | AA | accounts | accounts with accounts type group |
| 2025-12-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-08 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2025-10-27 | AD01 | address | change registered office address company with date old address new address |
| 2025-10-23 | CH01 | officers | change person director company with change date |
| 2024-11-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-04 | AA | accounts | accounts with accounts type group |
| 2024-04-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-12-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-26 | AA | accounts | accounts with accounts type group |
| 2023-09-18 | CH03 | officers | change person secretary company with change date |
| 2023-09-15 | CH01 | officers | change person director company with change date |
| 2023-09-15 | CH01 | officers | change person director company with change date |
| 2023-09-15 | CH01 | officers | change person director company with change date |
| 2023-09-15 | CH01 | officers | change person director company with change date |
| 2023-04-22 | MA | incorporation | memorandum articles |
| 2023-04-22 | RESOLUTIONS | resolution | resolution |
| 2022-11-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-29 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory
Activity Score not yet computed for this company.