UK Companies House feature
JAJA FINANCE LTD
Cash
£6M
-33.7% vs 2020
Net assets
£10M
-3.5% vs 2020
Employees
108
+96.4% vs 2020
Profit before tax
-£18M
-17.7% vs 2020
Profile
- Company number
- 09797750
- Status
- Active
- Incorporation
- 2015-09-28
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | £2,986,474 | £12,843,434 | |
| Operating profit | — | -£15,255,718 | -£17,945,175 | |
| Profit before tax | — | -£15,240,846 | -£17,944,028 | |
| Net profit | — | -£14,532,374 | -£17,254,386 | |
| Cash | — | £8,514,673 | £5,643,046 | |
| Total assets less current liabilities | — | £10,164,265 | £9,899,253 | |
| Net assets | — | £10,164,265 | £9,809,879 | |
| Equity | £14,696,640 | £10,164,265 | £9,809,879 | |
| Average employees | — | 55 | 108 | |
| Wages | — | £4,456,372 | £7,977,888 |
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
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Company is in the scale-up phase and has incurred losses since inception. It has been reliant historically on investment from its parent Company, Jaja Finance Holding (UK) Limited, to meet its short-term working capital and long-term capital needs as well as to meet its other obligations including FCA capital adequacy requirements. ... These conditions indicate the existence of a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “The Company prepared a voluntary disclosure to HMRC which was filed in May 2024 and agreed to pay the full VAT amount, with some interest but no penalties, due to the voluntary nature of the disclosure and the extensive professional advice sought. Management consulted HMRC whereby they agreed to allow settlement in two trances, £3.5m paid on 14 June 2024 and the remainder was paid on 14 July 2024.”
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
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RUSHTON, Adrian Stuart | Secretary | 2022-03-31 | — | — |
| DI COSTANZO, Francesco | Director | 2024-10-25 | May 1987 | Italian,British |
| RUSHTON, Adrian Stuart | Director | 2022-03-31 | Sep 1972 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASPINALL, Nicholas | Director | 2020-01-13 | 2022-09-30 |
| BRUNBORG, Rune | Director | 2018-08-28 | 2020-01-27 |
| CAIN, David Wayne | Director | 2022-03-31 | 2022-07-20 |
| CHAN, David | Director | 2025-03-11 | 2026-02-03 |
| CHAN, David | Director | 2021-03-31 | 2024-10-25 |
| ELVEBAKK, Per Oivind | Director | 2015-12-03 | 2018-11-16 |
| HOWARD, John Emanuel Donnell | Director | 2020-01-13 | 2020-05-08 |
| HUGHES, Joseph Michael | Director | 2020-05-01 | 2022-10-28 |
| JAIN, Payal | Director | 2020-11-01 | 2022-03-31 |
| JONES, Scott Christopher | Director | 2020-01-13 | 2022-03-31 |
| MCDERMOTT, Toni Frances | Director | 2020-01-13 | 2020-06-12 |
| RADLEY, Neil Andrew | Director | 2018-07-04 | 2021-03-31 |
| REDDIN, Jonathan Michael | Director | 2017-01-26 | 2018-06-30 |
| RIKSEN, Kyrre | Director | 2015-12-03 | 2020-01-27 |
| ROBSON-CAPPS, Teresa, Dr | Director | 2022-10-01 | 2024-03-31 |
| SVENDSEN, Jostein | Director | 2015-09-28 | 2021-06-18 |
| TRIVEDI, Pathiq Malhaar Jaymin | Director | 2019-10-08 | 2022-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jaja Finance Holding (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-06-27 | Active |
| Mr Jostein Svendsen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-07 |
| Mr Per Oivind Elvebakk | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-07 |
| Mr Kyrre Riksen | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-03-07 |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-16 | TM01 | officers | termination director company with name termination date |
| 2026-01-07 | SH01 | capital | capital allotment shares |
| 2025-12-16 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-12-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-02 | AA | accounts | accounts with accounts type full |
| 2025-09-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-10 | SH01 | capital | capital allotment shares |
| 2025-06-19 | AA01 | accounts | change account reference date company current extended |
| 2025-03-20 | AP01 | officers | appoint person director company with name date |
| 2025-01-08 | SH01 | capital | capital allotment shares |
| 2024-10-29 | CH01 | officers | change person director company with change date |
| 2024-10-25 | AP01 | officers | appoint person director company with name date |
| 2024-10-25 | TM01 | officers | termination director company with name termination date |
| 2024-10-17 | AA | accounts | accounts with accounts type full |
| 2024-10-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-03 | TM01 | officers | termination director company with name termination date |
| 2023-10-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-25 | AA | accounts | accounts with accounts type full |
| 2022-11-03 | TM01 | officers | termination director company with name termination date |
| 2022-10-27 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
-3.87
DISTRESS
Altman Z″
- Working capital / Total assets 0.346 × 6.56 = +2.27
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -1.256 × 6.72 = -8.44
- Book equity / Total liabilities 2.193 × 1.05 = +2.30
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