RESPONSIBLE LENDING LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-12-31.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's ultimate parent undertaking, RLMIS, has indicated that it will continue to provide financial support to the Company to allow it to meet its obligations as they fall due for at least one year from the date of approval of these financial statements. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. For this reason, the directors have continued to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On 31 January 2024, the Company became a wholly owned subsidiary of The Royal London Mutual Insurance Society Limited (RLMIS), following the acquisition of the remaining 60% of share capital not already owned by it.”
• “During the year, following the completion of the acquisition, the Company rebranded and began to operate fully under the Royal London brand.”
• “The Company also undertook a significant reorganisation of its Operations functions, with the aim of better serving our customers.”
• “At the start of 2025, the Company continued to deliver strategic enhancements to its products and services, including the development of a new broker portal, which launched successfully in May 2025.”
• “There are positive signs for the equity release market, with Q1 2025 data provided by the Equity Release Council indicating that the market grew overall by 7% versus Q4 2024 and by 32% compared to Q1 2024.”
• “On 5 March 2025, the Company issued 700,000 redeemable preference shares of £1 each to its sole shareholder, RLMIS.”
• “On 7 April 2025, the Company issued a further 300,000 redeemable preference shares of £1 each to RLMIS.”
• “On 24 June 2025, the Company issued a further 700,000 redeemable preference shares of £1 each to RLMIS.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -37%

  £2,871,430 → £1,808,994

• Net assets

  -23.4%

  £1,257,513 → £962,729

  first positive since 2020

• Employees

  +30.4%

  46 → 60

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers