UK Companies House feature
INCLUSIVE FINANCE LIMITED
Cash
£913K
-76.5% vs 2020
Net assets
-£10M
-152.3% vs 2020
Employees
21
+61.5% vs 2020
Profit before tax
—
Period ending 2021-12-31
Profile
- Company number
- 10522518
- Status
- Active
- Incorporation
- 2016-12-13
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 64921
- Hubs
- UK Fintech
Net assets
4-year trend · vs UK Fintech median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | -£5,999,659 | |
| Cash | — | — | £3,888,070 | £912,663 | |
| Total assets less current liabilities | — | — | £3,278,849 | -£2,199,002 | |
| Net assets | — | — | -£3,938,494 | -£9,938,143 | |
| Equity | -£1,628,554 | -£2,550,022 | -£3,938,494 | -£9,938,143 | |
| Average employees | — | — | 13 | 21 | |
| Wages | — | — | — | — |
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
- IFRS
- Reporting scope
- Consolidated (group)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“When considering the results of the stress testing of the business plan projections and giving due consideration to the factors set out above, the Directors affirm the Group's ability to continue as a going concern for at least twelve months from the date of signing of these financial statements. The Board has a reasonable expectation that the Group will be able to execute the base case business plan and to continue in business for the foreseeable future. The Group has a supportive investor base as evidenced by its strong track record of fundraising to support its growth trajectory and firmly believes that this capacity to raise capital is stronger than ever having reached break even and demonstrated the capacity of the Company to trade profitably. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Inclusive Finance Growth Limited · 100% held · England · Funding vehicle
- Creditspring Limited · 100% held · England · Dormant
- Creditspring Inc · 100% held · USA · Dormant
- Kester Services Private Limited · 99.99% held · India · BPO centre (customer operations)
Significant events
- “On 10 January 2025, the debt securities issued in December 2024 described in note 16 were admitted to the Official List of The International Stock Exchange (TISE) (Guernsey).”
- “On 5 February 2025 the Company allotted 57,091 Growth Shares of £0.0001 each to its staff at nominal value as part of its ongoing share incentive program.”
- “In April 2025, the maximum commitment of the senior debt facility obtained from Fortress (as described in note 16 above) was increased from £75 million to £100 million.”
- “On 20 June 2025, the Company entered into a loan agreement (note purchase agreement) with Park View SPV I in total amount of £25 million.”
- “On 6 August 2025, £4.4 million of loan notes issued by the Company previously admitted to TISE in August 2024 were delisted, leaving £750,000 of these loan notes listed.”
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 · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNN, James Michael Joseph | Director | 2017-07-21 | Nov 1972 | American |
| KADAGATHUR, Neil Paul, Mr. | Director | 2016-12-13 | May 1980 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHANDRASEKARAN, Aravind, Mr. | Director | 2016-12-13 | 2020-03-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James Michael Joseph Dunn | Individual | Shares 25–50%, Voting 25–50% | 2017-07-21 | Active |
| Mr. Aravind Chandrasekaran | Individual | Shares 25–50%, Voting 25–50% | 2016-12-13 | Ceased 2020-02-05 |
| Mr. Neil Paul Kadagathur | Individual | Significant influence | 2016-12-13 | Active |
Filing timeline
Last 20 of 93 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-26 | AD01 | address | change registered office address company with date old address new address |
| 2025-12-04 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-04 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-12-04 | CH01 | officers | change person director company with change date |
| 2025-12-03 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-12-03 | PSC04 | persons-with-significant-control | change to a person with significant control |
| 2025-11-24 | CH01 | officers | change person director company with change date |
| 2025-10-02 | AA | accounts | accounts with accounts type group |
| 2025-02-11 | SH01 | capital | capital allotment shares |
| 2025-01-15 | AD01 | address | change registered office address company with date old address new address |
| 2025-01-03 | MA | incorporation | memorandum articles |
| 2025-01-03 | RESOLUTIONS | resolution | resolution |
| 2024-12-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-12-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
36.7
COLD
/ 100
- Filings velocity 67
- Capital events 20
- Officer churn 0
- Headcount trajectory 100
- Accounts trajectory 0
- 8 filing(s) in last 12 months
- 1 capital event(s) in last 24 months
- Employees +62% YoY
- Net Assets -152% YoY