UK Companies House feature
WEST ONE SECURED LOANS LIMITED
Cash
£8M
+180% vs 2022
Net assets
£46M
+31.7% vs 2022
Employees
48
-12.7% vs 2022
Profit before tax
£12M
+76.3% vs 2022
Profile
- Company number
- 09425230
- Status
- Active
- Incorporation
- 2015-02-05
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64929
- Hubs
- UK Fintech
Net assets
5-year trend · vs UK Fintech median
Accounts
5-year trend · latest 2023-12-31
| Metric | Trend | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | £3,690,867 | — | £6,696,810 | £11,804,195 | |
| Net profit | — | £3,266,354 | — | £6,151,978 | £11,127,617 | |
| Cash | — | £10,632,723 | — | £2,994,982 | £8,384,876 | |
| Total assets less current liabilities | — | £493,796,905 | — | £741,574,490 | £843,333,094 | |
| Net assets | — | £28,914,655 | — | £35,066,633 | £46,194,250 | |
| Equity | £25,648,301 | £28,914,655 | £28,914,655 | £35,066,633 | £46,194,250 | |
| Average employees | — | 41 | — | 55 | 48 | |
| Wages | — | £2,082,939 | — | £2,522,012 | £2,783,236 |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are satisfied that the Company has adequate resources to continue to operate as a going concern for a period of at least 12 months from the date of this report and have prepared the financial statements on that basis.”
Significant events
- “In March 2025, the Group completed its sixth public securitization, Elstree 2025-1 1st PLC, and the call back of Elstree Funding No. 2 PLC, securitising a portfolio of £318m of first charge mortgage loans originated by 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
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GESTETNER, Emily Henrietta | Director | 2015-05-28 | Apr 1967 | British |
| HOGG, Stephen Andrew | Director | 2019-10-11 | Feb 1982 | British |
| PRESTON, Mark | Director | 2023-04-03 | Feb 1960 | British |
| WATERS, Danny Stephen | Director | 2015-05-28 | Oct 1984 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHERSHUNOVYCH, Ihor | Director | 2015-02-05 | 2015-05-28 |
| STEWART, David | Director | 2018-07-06 | 2022-09-02 |
| TRAVERS SMITH LIMITED | Corporate Director | 2015-02-05 | 2015-05-28 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Director | 2015-02-05 | 2015-05-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| West One Secured Loans Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 49 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-05 | AA | accounts | accounts with accounts type full |
| 2025-02-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-26 | AA | accounts | accounts with accounts type full |
| 2024-02-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-04 | AA | accounts | accounts with accounts type full |
| 2023-04-12 | AP01 | officers | appoint person director company with name date |
| 2023-02-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-11-07 | TM01 | officers | termination director company with name termination date |
| 2022-08-03 | AA | accounts | accounts with accounts type full |
| 2022-02-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-07 | CH01 | officers | change person director company with change date |
| 2022-02-07 | CH01 | officers | change person director company with change date |
| 2022-02-07 | CH01 | officers | change person director company with change date |
| 2022-02-07 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2021-09-28 | AD01 | address | change registered office address company with date old address new address |
| 2021-09-15 | MR04 | mortgage | mortgage satisfy charge full |
| 2021-09-15 | MR04 | mortgage | mortgage satisfy charge full |
| 2021-08-09 | AA | accounts | accounts with accounts type small |
| 2021-02-23 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory