UK Companies House feature
PRAETURA COMMERCIAL FINANCE LIMITED
Profile
- Company number
- 10384014
- Status
- Active
- Incorporation
- 2016-09-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In undertaking their assessment of the business' ability to continue to trade as a going concern, management has applied comprehensive sensitivities to their financial models and forecasts and remains confident that the business has the ability to withstand these severe but plausible downside scenarios. In all scenarios modelled the business continues to benefit from funding headroom, passes all financial covenants and operates with ample liquidity. On this basis the directors believe it is appropriate to continue to present the annual report and financial statements on a going concern basis.”
Significant events
- “A key focus for the company in 2024 has been on optimising treasury activities to meet our customers' funding needs in the most cost efficient way, including the integration and operationalisation of a new securitisation funding facility following a successful refinance in December 2023.”
- “The finance facility constituting of an asset-based lending agreement provided by a syndicate of funders, was redeemed on 20th December 2023. This has been replaced by an intercompany loan agreement with PSF Securitsation No.1 Ltd.”
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
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SUMMERS, Jack Daniel | Director | 2016-10-31 | Sep 1984 | British |
| WOOD, Lisa Marie | Director | 2017-04-06 | Jan 1968 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATES, Stuart James | Director | 2017-04-06 | 2026-01-22 |
| FLETCHER, Michael James | Director | 2016-11-16 | 2018-09-24 |
| FOREMAN, David Christopher | Director | 2016-11-16 | 2018-09-24 |
| O'REILLY, Peadar James | Director | 2016-09-19 | 2018-09-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Praetura Commercial Finance Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-09-19 | Active |
Filing timeline
Last 20 of 50 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-21 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2026-01-23 | TM01 | officers | termination director company with name termination date |
| 2025-09-22 | AA | accounts | accounts with accounts type full |
| 2025-09-19 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-19 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-09-19 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-09-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-09-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-10-03 | AD01 | address | change registered office address company with date old address new address |
| 2024-10-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-20 | AA | accounts | accounts with accounts type small |
| 2023-10-06 | AA | accounts | accounts with accounts type small |
| 2023-10-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-04-06 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-03-30 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-03-30 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-03-30 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-10-10 | AA | accounts | accounts with accounts type small |
| 2022-09-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-30 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory